Luxshare Precision Industry Co (SZSE:002475) Tax Rate % : 8.40% (As of Mar. 2024)

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What is Luxshare Precision Industry Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Luxshare Precision Industry Co's Tax Expense for the three months ended in Mar. 2024 was ¥236 Mil. Luxshare Precision Industry Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥2,809 Mil. Therefore, Luxshare Precision Industry Co's Tax Rate % for the quarter that ended in Mar. 2024 was 8.40%.

Luxshare Precision Industry Co Tax Rate % Historical Data

The historical data trend for Luxshare Precision Industry 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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Luxshare Precision Industry Co Tax Rate % Chart

Luxshare Precision Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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12.56

7.93

3.96

5.98

4.98

Luxshare Precision Industry 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															3.65	5.03	8.45	2.35	8.40

Luxshare Precision Industry Co Tax Rate % Calculation

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

Luxshare Precision Industry 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 )
	=	641.829	/	12885.042
	=	4.98 %

Luxshare Precision Industry 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 )
	=	235.994	/	2808.961
	=	8.40 %

Luxshare Precision Industry Co Tax Rate % Related Terms

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Luxshare Precision Industry Co (SZSE:002475) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Luxshare Precision Industry Co Ltd (SZSE:002475) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

No.17 Kuiqing Road, Qinghuang Industrial Zone, Qingxi Town, Guangdong, Dongguan, CHN, 523650

Website

http://www.luxshare-ict.com

Founded in 2004, Luxshare Precision is one of the world's largest manufacturers of cables and connectors and is a major supplier to Apple, which accounts for over 70% of sales. The company has since expanded production into other faster-growing consumer electronic components, such as speakers, haptic, cameras, PC docks, and wireless charging modules, as well as electronic manufacturing services for Apple's Watch and AirPods. Of Luxshare's 2022 sales, 84% is derived from the consumer electronics end market, while the remaining 16% is spread across the computer, communication and automobile verticals. Luxshare employs over 230,000 people and has manufacturing bases in China, India, and Vietnam.

Luxshare Precision Industry Co (SZSE:002475) Headlines

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