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ZheJiang HongXin Technology Co (SZSE:301539) Tax Rate % : 9.22% (As of Dec. 2024)


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What is ZheJiang HongXin Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ZheJiang HongXin Technology Co's Tax Expense for the three months ended in Dec. 2024 was ¥2 Mil. ZheJiang HongXin Technology Co's Pre-Tax Income for the three months ended in Dec. 2024 was ¥19 Mil. Therefore, ZheJiang HongXin Technology Co's Tax Rate % for the quarter that ended in Dec. 2024 was 9.22%.


ZheJiang HongXin Technology Co Tax Rate % Historical Data

The historical data trend for ZheJiang HongXin 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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ZheJiang HongXin Technology Co Tax Rate % Chart

ZheJiang HongXin Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial 12.94 9.55 7.78 10.77 7.29

ZheJiang HongXin Technology Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 14.14 9.91 -19.90 9.78 9.22

ZheJiang HongXin Technology Co Tax Rate % Calculation

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

ZheJiang HongXin Technology Co's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=3.941/54.071
=7.29 %

ZheJiang HongXin Technology Co's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=1.777/19.276
=9.22 %

* 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.


ZheJiang HongXin Technology Co Tax Rate % Related Terms

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ZheJiang HongXin Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Dejian Road, Jiangkou Street, No. 75, Huangyan District, Zhejiang Province, Taizhou, CHN, 318020
ZheJiang HongXin Technology Co Ltd is engaged in research & development, design, manufacturing and sales of automotive forged aluminum alloy wheels. Its product include Passenger vehicle wheels, Commercial vehicle wheel and Forging.

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