Hygon Information Technology Co (SHSE:688041) Tax Rate % : 1.60% (As of Mar. 2024)

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What is Hygon Information Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hygon Information Technology Co's Tax Expense for the three months ended in Mar. 2024 was ¥6 Mil. Hygon Information Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥401 Mil. Therefore, Hygon Information Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 was 1.60%.

Hygon Information Technology Co Tax Rate % Historical Data

The historical data trend for Hygon Information 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.

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Hygon Information Technology Co Tax Rate % Chart

Hygon Information Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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0.83

-0.84

-0.21

1.01

-1.25

Hygon Information Technology 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											0.85	-4.09	1.39	-1.35	1.60

Hygon Information Technology Co Tax Rate % Calculation

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

Hygon Information 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 )
	=	-21.013	/	1680.172
	=	-1.25 %

Hygon Information Technology 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 )
	=	6.398	/	400.755
	=	1.60 %

Hygon Information Technology Co Tax Rate % Related Terms

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Hygon Information Technology Co (SHSE:688041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hygon Information Technology Co Ltd (SHSE:688041) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Haitai West Road, Industrial Incubation-3-8, North 2-204, Huayuan Industrial Zone, Tianjin, CHN, 100085

Website

http://www.hygon.cn

Hygon Information Technology Co Ltd is engaged in the research and development, design and sales of high-end processors used in computing and storage devices such as servers and workstations.

Hygon Information Technology Co (SHSE:688041) Headlines

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