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VT Industrial Technology Co (SZSE:300707) Tax Rate % : 14.25% (As of Sep. 2024)


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What is VT Industrial Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. VT Industrial Technology Co's Tax Expense for the three months ended in Sep. 2024 was ¥0.4 Mil. VT Industrial Technology Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥2.8 Mil. Therefore, VT Industrial Technology Co's Tax Rate % for the quarter that ended in Sep. 2024 was 14.25%.


VT Industrial Technology Co Tax Rate % Historical Data

The historical data trend for VT Industrial 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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VT Industrial Technology Co Tax Rate % Chart

VT Industrial 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 16.41 14.99 15.49 15.44 22.26

VT Industrial Technology 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 -1.74 3.38 15.48 26.61 14.25

VT Industrial Technology Co Tax Rate % Calculation

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

VT Industrial 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 )
=5.544/24.905
=22.26 %

VT Industrial Technology 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 )
=0.402/2.821
=14.25 %

* 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.


VT Industrial Technology Co Tax Rate % Related Terms

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VT Industrial Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 32 Jianhong Road, Hongshan Street, New District, Jiangsu Province, Wuxi, CHN, 214145
VT Industrial Technology Co Ltd is the stamping dies supplier in the automotive industry. It is engaged in the design, research and development, manufacturing and sales of automotive stamping die, mainly for automakers and component manufacturers world-wide. At the same time, the company provides automotive stamping products to customers based on its own stamping die. Its product offering includes an exhaust system, instrumental panel, door components, seat component, multiphase steel, tailor rolled and welded steel.
Executives
Qian Guang Hong Director
Zhang Xi Liang Directors, executives
Zhu Yi Jia Executives
Zhao Zhi Dong Director

VT Industrial Technology Co Headlines

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