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Wankai New Material Co (SZSE:301216) Tax Rate % : 18.85% (As of Sep. 2024)


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What is Wankai New Material Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Wankai New Material Co's Tax Expense for the three months ended in Sep. 2024 was ¥-31 Mil. Wankai New Material Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥-167 Mil. Therefore, Wankai New Material Co's Tax Rate % for the quarter that ended in Sep. 2024 was 18.85%.


Wankai New Material Co Tax Rate % Historical Data

The historical data trend for Wankai New Material 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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Wankai New Material Co Tax Rate % Chart

Wankai New Material Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 24.13 17.50 15.89 18.24 15.02

Wankai New Material 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 14.84 35.98 26.68 89.95 18.85

Wankai New Material Co Tax Rate % Calculation

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

Wankai New Material 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 )
=77.14/513.43
=15.02 %

Wankai New Material 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 )
=-31.435/-166.77
=18.85 %

* 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.


Wankai New Material Co Tax Rate % Related Terms

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Wankai New Material Co Business Description

Traded in Other Exchanges
N/A
Address
No. 15 Wenlan Road, Jianshan New District, Jiaxing City, Zhejiang Province, Haining, CHN, 314415
Wankai New Material Co Ltd is engaged in the research and development, production and sales of polyester material.

Wankai New Material Co Headlines

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