Luckin Coffee (Luckin Coffee) Tax Rate % : -11.79% (As of Dec. 2023)

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What is Luckin Coffee Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Luckin Coffee's Tax Expense for the three months ended in Dec. 2023 was $-4 Mil. Luckin Coffee's Pre-Tax Income for the three months ended in Dec. 2023 was $37 Mil. Therefore, Luckin Coffee's Tax Rate % for the quarter that ended in Dec. 2023 was -11.79%.

Luckin Coffee Tax Rate % Historical Data

The historical data trend for Luckin Coffee'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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Luckin Coffee Tax Rate % Chart

Luckin Coffee Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.04

10.22

-12.40

56.67

8.35

Luckin Coffee Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															84.30	20.71	18.43	-9.12	-11.79

Luckin Coffee Tax Rate % Calculation

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

Luckin Coffee'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 )
	=	36.333	/	435.192
	=	8.35 %

Luckin Coffee's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	-4.379	/	37.133
	=	-11.79 %

Luckin Coffee Tax Rate % Related Terms

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Luckin Coffee (Luckin Coffee) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Luckin Coffee Inc (OTCPK:LKNCY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

0A6U:UK LC0A:Germany

Address

1-3 Taibei Road, 28th Floor, Building T3, Haixi Jingu Plaza, Siming District, Fujian, Xiamen, CHN, 361008

Website

https://investor.luckincoffee.com

Luckin Coffee Inc is a China based company engaged in operation of coffee stores. It sources its Arabica coffee beans from various suppliers and engage World Barista Champion teams to design its coffee recipes. The company also has partnered with suppliers for other products such as juices and light meals.