GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ZTE Corp (WBO:FZM) » Definitions » Tax Rate %

ZTE (WBO:FZM) Tax Rate % : 27.89% (As of Dec. 2024)


View and export this data going back to 2018. Start your Free Trial

What is ZTE Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ZTE's Tax Expense for the three months ended in Dec. 2024 was €26 Mil. ZTE's Pre-Tax Income for the three months ended in Dec. 2024 was €93 Mil. Therefore, ZTE's Tax Rate % for the quarter that ended in Dec. 2024 was 27.89%.

ZTE Tax Rate % Historical Data

The historical data trend for ZTE'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.

* Premium members only.

ZTE Tax Rate % Chart

ZTE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.76 17.21 10.97 9.43 9.47

ZTE Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.80 13.90 3.95 4.92 27.89

ZTE Tax Rate % Calculation

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

ZTE'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 )
=114.64/1210.635
=9.47 %

ZTE'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 )
=25.8/92.506
=27.89 %

* 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.

ZTE Tax Rate % Related Terms

Thank you for viewing the detailed overview of ZTE's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

ZTE Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ZTE Corp (WBO:FZM) » Definitions » Tax Rate %
Comparable Companies
SZSE:300308 SZSE:300502 SZSE:300628 SZSE:300394 SZSE:300454 SHSE:600487 SHSE:600745 SZSE:301165 SZSE:002281 SZSE:002465 CSCO MSI SHSE:601138 OHEL:NOKIA OSTO:ERIC B HPE UI ZBRA JNPR TPE:2345
Traded in Other Exchanges
ZTCOF:USA 00763:Hong Kong FZM:Germany FZM:Germany 000063:China
Address
ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Website
https://www.zte.com.cn
ZTE Corp is a provider of integrated telecommunications and IT solutions with a full range of end-to-end ICT products and solutions integrating design, development, production, sales, and services with a special focus on carriers' networks, government and corporate business, and consumer business. It operates in three segments Carriers' network, Consumer Business, and Government and Corporate Business. It generates a majority of its revenue from equipment supporting carriers' networks. It has a presence in the PRC, Asia, Africa, Europe, and the Americas. It generates the majority of its revenue from the PRC region.

ZTE Headlines

No Headlines