Meitu (FRA:M5U) Tax Rate % : 22.12% (As of Dec. 2023)

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What is Meitu Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Meitu's Tax Expense for the six months ended in Dec. 2023 was €5.7 Mil. Meitu's Pre-Tax Income for the six months ended in Dec. 2023 was €25.9 Mil. Therefore, Meitu's Tax Rate % for the quarter that ended in Dec. 2023 was 22.12%.

Meitu Tax Rate % Historical Data

The historical data trend for Meitu'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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Meitu Tax Rate % Chart

Meitu Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-2.68

-66.55

-608.23

89.22

16.36

Meitu Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															42.21	-9.27	30.59	11.45	22.12

Meitu Tax Rate % Calculation

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

Meitu'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 )
	=	9.204	/	56.262
	=	16.36 %

Meitu'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 )
	=	5.725	/	25.882
	=	22.12 %

Meitu Tax Rate % Related Terms

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Meitu (FRA:M5U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meitu Inc (FRA:M5U) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MEIUF:USA 01357:Hong Kong M5U:Germany

Address

No. 2557 Binhai West Avenue, Meitu Tower, Building 2, Meifeng Innovation Valley, Tong’an District, Xiamen, Fujian, CHN

Website

https://www.meitu.com

Meitu Inc is an investment holding company. It is engaged in the provision of online advertising and other Internet value-added services by offering a portfolio of photo and community apps that enjoys popularity in the PRC and overseas and the smart hardware business involving the production of MeituEve: a commercial artificial intelligence skin analyser, MeituKey: a contact skin analyser, MeituSpa: an artificial intelligence cleansing brush and Meitu Genius: an artificial intelligence smart mirror. The company operates in one operating segment including internet business that consists of online advertising and internet value-added services.

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