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Qingdao Hanhe Cable Co (SZSE:002498) Tax Rate % : 13.53% (As of Mar. 2024)


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What is Qingdao Hanhe Cable Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Qingdao Hanhe Cable Co's Tax Expense for the three months ended in Mar. 2024 was ¥31 Mil. Qingdao Hanhe Cable Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥231 Mil. Therefore, Qingdao Hanhe Cable Co's Tax Rate % for the quarter that ended in Mar. 2024 was 13.53%.

Qingdao Hanhe Cable Co Tax Rate % Historical Data

The historical data trend for Qingdao Hanhe Cable 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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Qingdao Hanhe Cable Co Tax Rate % Chart

Qingdao Hanhe Cable Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.17 13.45 12.70 11.64 13.13

Qingdao Hanhe Cable 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.10 11.68 25.15 -432.70 13.53

Qingdao Hanhe Cable Co Tax Rate % Calculation

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

Qingdao Hanhe Cable 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 )
=113.508/864.562
=13.13 %

Qingdao Hanhe Cable 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 )
=31.201/230.576
=13.53 %

* 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.

Qingdao Hanhe Cable Co Tax Rate % Related Terms

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Qingdao Hanhe Cable Co (SZSE:002498) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qingdao Hanhe Cable Co Ltd (SZSE:002498) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
No.6 Lishan(E) Industrial Park, Qingdao, Shandong, CHN, 266102
Website
http://www.hanhe-cable.com
Qingdao Hanhe Cable Co Ltd is engaged in the research, development, and manufacture of wires and cables in China. The company offers power cables, cable accessories, submarine cables, optical power composite cables, electrical equipment wires and cables, overhead conductors, communication cables, radio-frequency cables, bus bar and prefabricated branch cables, nuclear plant cables, fire-resistant cables, and DC series cables.

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