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Shandong Longda Meishi Co (SZSE:002726) Tax Rate % : 17.35% (As of Mar. 2024)


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What is Shandong Longda Meishi Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shandong Longda Meishi Co's Tax Expense for the three months ended in Mar. 2024 was ¥6 Mil. Shandong Longda Meishi Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥36 Mil. Therefore, Shandong Longda Meishi Co's Tax Rate % for the quarter that ended in Mar. 2024 was 17.35%.

Shandong Longda Meishi Co Tax Rate % Historical Data

The historical data trend for Shandong Longda Meishi 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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Shandong Longda Meishi Co Tax Rate % Chart

Shandong Longda Meishi 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 16.81 4.22 5.93 10.12 -4.02

Shandong Longda Meishi 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 0.48 0.30 -0.60 -8.14 17.35

Shandong Longda Meishi Co Tax Rate % Calculation

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

Shandong Longda Meishi 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 )
=57.406/-1426.264
=-4.02 %

Shandong Longda Meishi 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 )
=6.224/35.882
=17.35 %

* 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.

Shandong Longda Meishi Co Tax Rate % Related Terms

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Shandong Longda Meishi Co (SZSE:002726) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shandong Longda Meishi Co Ltd (SZSE:002726) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
Food Industrial Park, Shandong Province, Laiyang, CHN, 265200
Website
http://www.longdameat.com
Shandong Longda Meishi Co Ltd is a Chinese company operating in the meat processing industry. It activities include pig breeding, feed production, pig breeding, slaughtering and cutting, and cooked food processing. The company's product portfolio comprises fresh frozen pork, low-temperature meat products, bulk sauce and halogen foods, among others.

Shandong Longda Meishi Co (SZSE:002726) Headlines

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