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Weichai Heavy Machinery Co (SZSE:000880) Tax Rate % : 17.40% (As of Mar. 2024)


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What is Weichai Heavy Machinery Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Weichai Heavy Machinery Co's Tax Expense for the three months ended in Mar. 2024 was ¥5 Mil. Weichai Heavy Machinery Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥29 Mil. Therefore, Weichai Heavy Machinery Co's Tax Rate % for the quarter that ended in Mar. 2024 was 17.40%.


Weichai Heavy Machinery Co Tax Rate % Historical Data

The historical data trend for Weichai Heavy Machinery 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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Weichai Heavy Machinery Co Tax Rate % Chart

Weichai Heavy Machinery Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.61 -5.30 1.23 7.45 -8.34

Weichai Heavy Machinery Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.30 0.24 -5.70 -57.44 17.40

Weichai Heavy Machinery Co Tax Rate % Calculation

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

Weichai Heavy Machinery 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 )
=-12.815/153.664
=-8.34 %

Weichai Heavy Machinery 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 )
=5.031/28.912
=17.40 %

* 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.


Weichai Heavy Machinery Co Tax Rate % Related Terms

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Weichai Heavy Machinery Co (SZSE:000880) Business Description

Traded in Other Exchanges
N/A
Address
No. 26 Minsheng East Street, Shandong Province, Weifang, CHN, 261001
Weichai Heavy Machinery Co Ltd is a China-based company engaged in developing, manufacturing and selling marine power and power generating units. Its product portfolio includes medium-speed diesel engines, power generating sets, powertrain system for marine power, generating device market, diesel engine parts and marine gearbox parts. The company provides core power and complete solutions to the global shipping and energy electricity market.

Weichai Heavy Machinery Co (SZSE:000880) Headlines

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