GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Shandong Hongyu Precision Machinery Co Ltd (SZSE:002890) » Definitions » Tax Rate %

Shandong Hongyu Precision Machinery Co (SZSE:002890) Tax Rate % : 4.37% (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Shandong Hongyu Precision Machinery Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shandong Hongyu Precision Machinery Co's Tax Expense for the three months ended in Sep. 2024 was ¥0.2 Mil. Shandong Hongyu Precision Machinery Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥4.8 Mil. Therefore, Shandong Hongyu Precision Machinery Co's Tax Rate % for the quarter that ended in Sep. 2024 was 4.37%.


Shandong Hongyu Precision Machinery Co Tax Rate % Historical Data

The historical data trend for Shandong Hongyu Precision Machinery 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.

* Premium members only.

Shandong Hongyu Precision Machinery Co Tax Rate % Chart

Shandong Hongyu Precision Machinery 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 6.30 11.40 7.87 0.73 9.00

Shandong Hongyu Precision Machinery Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.65 11.10 10.92 3.43 4.37

Shandong Hongyu Precision Machinery Co Tax Rate % Calculation

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

Shandong Hongyu Precision Machinery 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 )
=2.131/23.672
=9.00 %

Shandong Hongyu Precision Machinery Co's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=0.208/4.764
=4.37 %

* 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 Hongyu Precision Machinery Co Tax Rate % Related Terms

Thank you for viewing the detailed overview of Shandong Hongyu Precision Machinery Co's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Shandong Hongyu Precision Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
3 Hongyu Road, Hutou Ya Economic and Technological Industrial Park, Shandong Province, Laizhou, CHN, 261400
Shandong Hongyu Precision Machinery Co Ltd is engaged in research & development, production and sales of tractor hydraulic lifts.
Executives
Ji Jun Sheng Supervisors
Li Chun Yu Executives
Liu Zhi Hong Directors, Directors, and Executives
Zhang Li Jie Executives
Liu Hai Xian Supervisors
Lv Gui Lin Executives
Zhang Zhi Guo Independent director

Shandong Hongyu Precision Machinery Co Headlines

No Headlines