Hubei Xiangyuan New Material Technology Co (SZSE:300980) Tax Rate % : 12.20% (As of Mar. 2024)

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What is Hubei Xiangyuan New Material Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hubei Xiangyuan New Material Technology Co's Tax Expense for the three months ended in Mar. 2024 was ¥0.8 Mil. Hubei Xiangyuan New Material Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥6.3 Mil. Therefore, Hubei Xiangyuan New Material Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 was 12.20%.

Hubei Xiangyuan New Material Technology Co Tax Rate % Historical Data

The historical data trend for Hubei Xiangyuan New Material 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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Hubei Xiangyuan New Material Technology Co Tax Rate % Chart

Hubei Xiangyuan New Material Technology Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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14.79

13.46

13.41

5.55

12.88

Hubei Xiangyuan New Material Technology Co Quarterly Data
	Dec18	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															-6.49	7.14	4.41	34.72	12.20

Hubei Xiangyuan New Material Technology Co Tax Rate % Calculation

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

Hubei Xiangyuan New Material 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 )
	=	6.062	/	47.083
	=	12.88 %

Hubei Xiangyuan New Material 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 )
	=	0.763	/	6.254
	=	12.20 %

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Hubei Xiangyuan New Material Technology Co (SZSE:300980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hubei Xiangyuan New Material Technology Co Ltd (SZSE:300980) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

Huayi Village, Economic Development Zone, Hubei Province, Hanchuan, CHN, 431600

Website

http://www.hbxyxc.com

Hubei Xiangyuan New Material Technology Co Ltd is engaged in the research and development, production and sales of polyolefin foam materials. It specializes in the production and sales of environmentally friendly cross-linked polyolefin foam and Polyurethane foam, the products sell well all over China and exported to five continents in the world.

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