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Qingdao Richmat Intelligence Technology (SZSE:301320) Tax Rate % : 22.22% (As of Jun. 2024)


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What is Qingdao Richmat Intelligence Technology Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Qingdao Richmat Intelligence Technology's Tax Expense for the three months ended in Jun. 2024 was ¥3.6 Mil. Qingdao Richmat Intelligence Technology's Pre-Tax Income for the three months ended in Jun. 2024 was ¥16.2 Mil. Therefore, Qingdao Richmat Intelligence Technology's Tax Rate % for the quarter that ended in Jun. 2024 was 22.22%.

Qingdao Richmat Intelligence Technology Tax Rate % Historical Data

The historical data trend for Qingdao Richmat Intelligence Technology'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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Qingdao Richmat Intelligence Technology Tax Rate % Chart

Qingdao Richmat Intelligence Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 12.62 13.02 10.84 5.05 7.58

Qingdao Richmat Intelligence Technology Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 8.82 20.25 -175.16 14.57 22.22

Qingdao Richmat Intelligence Technology Tax Rate % Calculation

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

Qingdao Richmat Intelligence Technology'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 )
=3.867/51.021
=7.58 %

Qingdao Richmat Intelligence Technology's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=3.6/16.204
=22.22 %

* 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.

Qingdao Richmat Intelligence Technology Tax Rate % Related Terms

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Qingdao Richmat Intelligence Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qingdao Richmat Intelligence Technology Inc (SZSE:301320) » Definitions » Tax Rate %
Comparable Companies
SZSE:300812 SZSE:002877 SZSE:002196 SHSE:600558 SHSE:688633 SHSE:603076 SHSE:603011 SZSE:300461 SZSE:300420 SZSE:300553 GE XTER:SIE XPAR:SU ETN ITW XKRX:373220 OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
No. 78, Kongquehe 4th Road, Qingdao Garment Industrial Park, Jimo District, Shandong Province, Qingdao, CHN, 266200
Website
https://www.richmat.com.cn
Qingdao Richmat Intelligence Technology Inc is engaged in Research and development, production and sales of intelligent linear drive system products. its products include: Linear actuator Dual actuator, Lifting column, Control box, Handset, and Massage motor.

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