GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Invotech Scroll Technologies Co Ltd (SZSE:301272) » Definitions » Tax Rate %

Suzhou Invotech Scroll Technologies Co (SZSE:301272) Tax Rate % : 1.80% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Suzhou Invotech Scroll Technologies Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Suzhou Invotech Scroll Technologies Co's Tax Expense for the three months ended in Mar. 2024 was ¥0.1 Mil. Suzhou Invotech Scroll Technologies Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥8.2 Mil. Therefore, Suzhou Invotech Scroll Technologies Co's Tax Rate % for the quarter that ended in Mar. 2024 was 1.80%.

Suzhou Invotech Scroll Technologies Co Tax Rate % Historical Data

The historical data trend for Suzhou Invotech Scroll Technologies 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.

Suzhou Invotech Scroll Technologies Co Tax Rate % Chart

Suzhou Invotech Scroll Technologies Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 12.80 14.40 12.54 13.18 11.44

Suzhou Invotech Scroll Technologies Co Quarterly Data
Dec18 Dec19 Dec20 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 7.68 10.17 10.37 15.13 1.80

Suzhou Invotech Scroll Technologies Co Tax Rate % Calculation

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

Suzhou Invotech Scroll Technologies 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 )
=11.288/98.682
=11.44 %

Suzhou Invotech Scroll Technologies 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 )
=0.148/8.244
=1.80 %

* 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.

Suzhou Invotech Scroll Technologies Co Tax Rate % Related Terms

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

Suzhou Invotech Scroll Technologies Co (SZSE:301272) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Invotech Scroll Technologies Co Ltd (SZSE:301272) » Definitions » Tax Rate %
Comparable Companies
SZSE:300843 SHSE:600379 SZSE:300414 SZSE:300800 SZSE:002606 SHSE:605288 SZSE:002730 SHSE:688345 SZSE:002168 SZSE:002981 SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 VRT HUBB XKRX:247540
Traded in Other Exchanges
N/A
Address
No. 5, Yintong Road, Southeast Street, Jiangsu Province, Changshu, CHN, 215500
Website
http://www.invotech.cn
Suzhou Invotech Scroll Technologies Co Ltd provides research and development, production, sales and pre-sales and after-sales services of energy-saving, high-efficiency, high-reliability, low-noise scroll compressors and their application technologies.

Suzhou Invotech Scroll Technologies Co (SZSE:301272) Headlines

No Headlines