Shenzhen Tongye Technology Co (SZSE:300960) Tax Rate % : 1.88% (As of Mar. 2024)

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What is Shenzhen Tongye Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shenzhen Tongye Technology Co's Tax Expense for the three months ended in Mar. 2024 was ¥-0.1 Mil. Shenzhen Tongye Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-3.5 Mil. Therefore, Shenzhen Tongye Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 was 1.88%.

Shenzhen Tongye Technology Co Tax Rate % Historical Data

The historical data trend for Shenzhen Tongye 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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Shenzhen Tongye Technology Co Tax Rate % Chart

Shenzhen Tongye Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.33

10.80

5.45

1.55

8.62

Shenzhen Tongye 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															-0.27	1.39	3.95	12.67	1.88

Shenzhen Tongye Technology Co Tax Rate % Calculation

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

Shenzhen Tongye 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 )
	=	3.381	/	39.226
	=	8.62 %

Shenzhen Tongye 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 )
	=	-0.065	/	-3.453
	=	1.88 %

Shenzhen Tongye Technology Co Tax Rate % Related Terms

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Shenzhen Tongye Technology Co (SZSE:300960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Tongye Technology Co Ltd (SZSE:300960) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Guanguang Road, Guanlan Street, 1st to 4th Floor, No. 3 Factory, Meitai Industrial, Guihua Community, Longhua New District, Guangdong Province, Shenzhen, CHN, 518110

Website

http://www.sz-tongye.com.cn

Shenzhen Tongye Technology Co Ltd is engaged in the development and production of rail transit train power supply products, network control products, energy management systems, motors and fans. The products are widely used in high-speed rail, urban rail vehicles, locomotives, and new energy products at home and abroad.

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