Zhejiang Lenor Flow Control Technology Co (SZSE:300838) Tax Rate % : 2.94% (As of Mar. 2024)

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What is Zhejiang Lenor Flow Control Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Zhejiang Lenor Flow Control Technology Co's Tax Expense for the three months ended in Mar. 2024 was ¥0 Mil. Zhejiang Lenor Flow Control Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥7 Mil. Therefore, Zhejiang Lenor Flow Control Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 was 2.94%.

Zhejiang Lenor Flow Control Technology Co Tax Rate % Historical Data

The historical data trend for Zhejiang Lenor Flow Control 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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Zhejiang Lenor Flow Control Technology Co Tax Rate % Chart

Zhejiang Lenor Flow Control Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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13.15

12.74

11.11

9.28

9.78

Zhejiang Lenor Flow Control 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															11.27	10.64	8.95	8.09	2.94

Zhejiang Lenor Flow Control Technology Co Tax Rate % Calculation

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

Zhejiang Lenor Flow Control 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 )
	=	11.611	/	118.674
	=	9.78 %

Zhejiang Lenor Flow Control 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 )
	=	0.201	/	6.829
	=	2.94 %

Zhejiang Lenor Flow Control Technology Co Tax Rate % Related Terms

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Zhejiang Lenor Flow Control Technology Co (SZSE:300838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Lenor Flow Control Technology Co Ltd (SZSE:300838) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

No. 99, Weiyi Road, High-tech (Ge Lane) Park, Ruian City, Zhejiang Province, Wenzhou, CHN, 325200

Website

http://www.linuovalve.com

Zhejiang Linuo Flow Control Technology Co Ltd engages in the development, design, production and sale of fluid control equipment. The company provides total solutions on control valve for fluid industrial customers in the field of energy, petrochemical engineering, metallurgy, chemical engineering, paper-making, environmental protection, biochemistry, and medicine. Its products include Segment Ball Valve; Knife Gate Valve; Ball Valve; Globe Control Valve; Butterfly Valve; and Actuator.

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