Nanning Baling Technology Co (SZSE:002592) Tax Expense : ¥-0.7 Mil (TTM As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Nanning Baling Technology Co Tax Expense?

Nanning Baling Technology Co's tax expense for the months ended in Mar. 2024 was ¥8.0 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-0.7 Mil.

Nanning Baling Technology Co Tax Expense Historical Data

The historical data trend for Nanning Baling Technology Co's Tax Expense 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.

Nanning Baling Technology Co Tax Expense Chart

Nanning Baling Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Expense

Get a 7-Day Free Trial

-3.64

10.49

-0.44

-3.19

-7.08

Nanning Baling Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Expense	Get a 7-Day Free Trial															1.61	0.38	-0.52	-8.55	8.01

Nanning Baling Technology Co Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-0.7 Mil.

Nanning Baling Technology Co (SZSE:002592) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.

Nanning Baling Technology Co Tax Expense Related Terms

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

Nanning Baling Technology Co (SZSE:002592) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nanning Baling Technology Co Ltd (SZSE:002592) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1, Kede Road, Industrial Park, High-tech Zone, Guangxi Zhuang Autonomous Region, Nanning, CHN, 530003

Website

http://www.baling.com.cn

Nanning Baling Technology Co Ltd is a Chinese high-tech company engaged in the research and manufacturing of Copper and Aluminium tube-fin heat exchanger products. The company's products have application in the fields of automobile, engineering machinery, defense equipment and computer. The products offered by the company are sold in China and also exported to other countries. Its product portfolio comprises zigzag fin, double corrugated fin, passenger car air heater blower, medium bus radiator, and others.

Executives

Huang Zhi Qiang	Directors, executives
Huang Sheng Tian	Executives
Zhang Hui	Securities Affairs Representative
Gu Yu	Directors, executives
Cheng Qi Zhi	Director
Luo Qin	Directors, executives
Wei Yuan Hai	Supervisors
Liu Han Qiao	Supervisors
Yang Jing Yu	Executives
Huang Jin Ye	Supervisors

Nanning Baling Technology Co (SZSE:002592) Headlines

No Headlines