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Xi an Novastar Tech Co (SZSE:301589) Tax Rate % : 8.50% (As of Mar. 2024)


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What is Xi an Novastar Tech Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Xi an Novastar Tech Co's Tax Expense for the three months ended in Mar. 2024 was ¥11 Mil. Xi an Novastar Tech Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥134 Mil. Therefore, Xi an Novastar Tech Co's Tax Rate % for the quarter that ended in Mar. 2024 was 8.50%.


Xi an Novastar Tech Co Tax Rate % Historical Data

The historical data trend for Xi an Novastar Tech 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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Xi an Novastar Tech Co Tax Rate % Chart

Xi an Novastar Tech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 12.64 11.76 11.49 9.22 10.04

Xi an Novastar Tech Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.93 11.00 11.34 8.90 8.50

Xi an Novastar Tech Co Tax Rate % Calculation

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

Xi an Novastar Tech 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 )
=67.783/674.906
=10.04 %

Xi an Novastar Tech Co'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 )
=11.383/133.939
=8.50 %

* 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.


Xi an Novastar Tech Co Tax Rate % Related Terms

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Xi an Novastar Tech Co (SZSE:301589) Business Description

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Xi an Novastar Tech Co Ltd is engaged in the research and application of video and display control core algorithms to provide users with professional comprehensive software and hardware solutions. It focuses on LED display applications and provides over 4000 customers with full link solutions from video processing to display control.

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