Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Tax Rate % : 13.79% (As of Mar. 2024)

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What is Hangzhou Hik-Vision Digital Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hangzhou Hik-Vision Digital Technology Co's Tax Expense for the three months ended in Mar. 2024 was ¥355 Mil. Hangzhou Hik-Vision Digital Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥2,577 Mil. Therefore, Hangzhou Hik-Vision Digital Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 was 13.79%.

Hangzhou Hik-Vision Digital Technology Co Tax Rate % Historical Data

The historical data trend for Hangzhou Hik-Vision Digital Technology Co's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hangzhou Hik-Vision Digital Technology Co Tax Rate % Chart

Hangzhou Hik-Vision Digital Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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9.38

10.44

5.18

8.73

5.86

Hangzhou Hik-Vision Digital Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															14.92	3.76	12.73	-1.66	13.79

Hangzhou Hik-Vision Digital Technology Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Hangzhou Hik-Vision Digital Technology Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	943.241	/	16098.924
	=	5.86 %

Hangzhou Hik-Vision Digital Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	355.425	/	2577.498
	=	13.79 %

Hangzhou Hik-Vision Digital Technology Co Tax Rate % Related Terms

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Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hangzhou Hik-Vision Digital Technology Co Ltd (SZSE:002415) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

No.555 Qianmo Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051

Website

http://www.hikvision.com

Hangzhou Hikvision Digital Technology is the world's largest manufacturer of video surveillance equipment. Since then, the company has been growing its software and analytics offerings, as customers are increasingly seeking customized total solutions. Hikvision is also developing its Innovative businesses, which accounted for 18% of overall 2022 revenue. The smart-home business is powered by the EZVIZ consumer brand. Innovative business includes the development of industrial robotics, automotive electronics, X-ray sensors, infrared sensors, memory products and medical systems. Hikvision employs more than 58,000 people.

Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Headlines

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