WNW (Meiwu Technology Co) Tax Rate % : 51.88% (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Meiwu Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Meiwu Technology Co's Tax Expense for the six months ended in Jun. 2024 was $-0.37 Mil. Meiwu Technology Co's Pre-Tax Income for the six months ended in Jun. 2024 was $-0.72 Mil. Therefore, Meiwu Technology Co's Tax Rate % for the quarter that ended in Jun. 2024 was 51.88%.

Meiwu Technology Co Tax Rate % Historical Data

The historical data trend for Meiwu 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.

* Premium members only.

Meiwu Technology Co Tax Rate % Chart

Meiwu Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

-1.92

-1.29

Meiwu Technology Co Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial							-	-3.85	-314.93	0.02	51.88

Meiwu Technology Co Tax Rate % Calculation

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

Meiwu Technology 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 )
	=	0.207	/	-16.105
	=	-1.29 %

Meiwu Technology Co'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 )
	=	-0.372	/	-0.717
	=	51.88 %

Meiwu Technology Co Tax Rate % Related Terms

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

Meiwu Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meiwu Technology Co Ltd (NAS:WNW) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 743 Zhoushi Road, Hangcheng Street, 1602, Building C, Shenye Century Industrial Center, Bao’an District, Shenzhen, CHN

Website

https://www.wnw108.com

Meiwu Technology Co Ltd operates as an online food retail store and franchise restaurants in China. The products offered include green food, organic food, intangible cultural heritage food products, agricultural products bearing geographical indications, and pollution-free products. It operates in three segments: Clean Food Platform; Restaurant; and Others. The company generates the majority of its revenue from Technical services.