Mehow Innovative (SZSE:301363) Tax Rate % : 14.72% (As of Mar. 2024)

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What is Mehow Innovative Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mehow Innovative's Tax Expense for the three months ended in Mar. 2024 was ¥10 Mil. Mehow Innovative's Pre-Tax Income for the three months ended in Mar. 2024 was ¥68 Mil. Therefore, Mehow Innovative's Tax Rate % for the quarter that ended in Mar. 2024 was 14.72%.

Mehow Innovative Tax Rate % Historical Data

The historical data trend for Mehow Innovative'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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Mehow Innovative Tax Rate % Chart

Mehow Innovative Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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12.43

12.22

10.93

11.95

10.85

Mehow Innovative Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial											13.22	8.14	9.63	21.23	14.72

Mehow Innovative Tax Rate % Calculation

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

Mehow Innovative'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 )
	=	38.116	/	351.417
	=	10.85 %

Mehow Innovative'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 )
	=	10.018	/	68.057
	=	14.72 %

Mehow Innovative Tax Rate % Related Terms

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Mehow Innovative (SZSE:301363) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Mehow Innovative Ltd (SZSE:301363) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Baolong Sixth Road, Baolong Street, 101, 201, 401, 101, 201, 401, Building A, Xinzhongqiao Industrial Park, Longgang District, Guangdong Province, Shenzhen, CHN, 518116

Website

https://www.mehow.com

Mehow Innovative Ltd is engaged in the design, development, manufacture and sales of precision components and products for medical devices.

Executives

Tan Jing Xia

Secretary Dong

Mehow Innovative (SZSE:301363) Headlines

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