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Netac Technology Co (SZSE:300042) Tax Rate % : -0.69% (As of Mar. 2024)


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What is Netac Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Netac Technology Co's Tax Expense for the three months ended in Mar. 2024 was ¥0.0 Mil. Netac Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-5.4 Mil. Therefore, Netac Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 was -0.69%.


Netac Technology Co Tax Rate % Historical Data

The historical data trend for Netac 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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Netac Technology Co Tax Rate % Chart

Netac Technology 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 18.84 15.47 7.49 8.50 0.60

Netac 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 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 11.17 5.15 -8.28 10.81 -0.69

Netac Technology Co Tax Rate % Calculation

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

Netac 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 )
=-0.283/-46.813
=0.60 %

Netac 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 )
=0.037/-5.355
=-0.69 %

* 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.


Netac Technology Co Tax Rate % Related Terms

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Netac Technology Co (SZSE:300042) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Gaoxin South 6th Road, Netac Building (Langke Mansion), 16th, 18th, 19th Floor, Nanshan District, Guangdong, Shenzhen, CHN, 518057
Netac Technology Co Ltd is a China-based flash memory manufacturer. It is engaged in the manufacturing of mobile storage, digital entertainment, GPS, and U-Chip controller products. The product portfolio of the company includes USB flash drive, portable HDD, memory cards, portable SSD and other products.

Netac Technology Co (SZSE:300042) Headlines

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