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Hengong Precision Equipment Co (SZSE:301261) Tax Rate % : 7.38% (As of Sep. 2024)


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What is Hengong Precision Equipment Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hengong Precision Equipment Co's Tax Expense for the three months ended in Sep. 2024 was ¥2.2 Mil. Hengong Precision Equipment Co's Pre-Tax Income for the three months ended in Sep. 2024 was ¥30.4 Mil. Therefore, Hengong Precision Equipment Co's Tax Rate % for the quarter that ended in Sep. 2024 was 7.38%.


Hengong Precision Equipment Co Tax Rate % Historical Data

The historical data trend for Hengong Precision Equipment 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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Hengong Precision Equipment Co Tax Rate % Chart

Hengong Precision Equipment Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 18.74 16.06 13.60 14.09 9.79

Hengong Precision Equipment Co Quarterly Data
Dec18 Dec19 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 12.76 3.85 14.76 14.01 7.38

Hengong Precision Equipment Co Tax Rate % Calculation

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

Hengong Precision Equipment 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 )
=13.749/140.398
=9.79 %

Hengong Precision Equipment 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 )
=2.244/30.415
=7.38 %

* 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.


Hengong Precision Equipment Co Tax Rate % Related Terms

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Hengong Precision Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
Shangcheng Town Industrial Park, Cheng'an County, Hebei Province, Handan, CHN, 056700
Hengong Precision Equipment Co Ltd is engaged in the research and development, production and sales of precision machined parts and continuous iron castings.

Hengong Precision Equipment Co Headlines

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