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Xinte Energy Co (HKSE:01799) Tax Rate % : 17.40% (As of Dec. 2023)


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What is Xinte Energy Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Xinte Energy Co's Tax Expense for the six months ended in Dec. 2023 was HK$-64 Mil. Xinte Energy Co's Pre-Tax Income for the six months ended in Dec. 2023 was HK$-369 Mil. Therefore, Xinte Energy Co's Tax Rate % for the quarter that ended in Dec. 2023 was 17.40%.

Xinte Energy Co Tax Rate % Historical Data

The historical data trend for Xinte Energy 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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Xinte Energy Co Tax Rate % Chart

Xinte Energy 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 8.03 7.18 14.79 14.84 16.17

Xinte Energy Co Semi-Annual Data
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 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 12.78 14.99 14.73 16.23 17.40

Xinte Energy Co Tax Rate % Calculation

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

Xinte Energy 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 )
=1079.729/6677.169
=16.17 %

Xinte Energy Co'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 )
=-64.244/-369.231
=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.

Xinte Energy Co Tax Rate % Related Terms

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Xinte Energy Co (HKSE:01799) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Xinte Energy Co Ltd (HKSE:01799) » Definitions » Tax Rate %
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HKSE:03800 HKSE:00750 HKSE:00757 HKSE:00438 HKSE:00712 HKSE:08111 HKSE:01421 HKSE:00968 FSLR SHSE:688223 ENPH SZSE:002459 SHSE:688599 SHSE:688472 SHSE:600732 SEDG SZSE:300118 SZSE:002865 ARRY SHLS
Traded in Other Exchanges
9M7:Germany
Address
No. 2249, Zhongxin Street, Ganquanpu Economic and Technological Development Zone, Xinjiang, Urumqi, CHN
Website
https://www.xinteenergy.com
Xinte Energy Co Ltd is engaged in the manufacturing of solar-grade polysilicon and photovoltaic project developers. It operates in four segments: Polysilicon, Construction of wind power & PV power plants, Operation of wind power & PV power plants, and Others. Other segments mainly comprise businesses including manufacturing and sales of the inverter, flexible direct current transmission converter valve, SVG, and other miscellaneous services. Business activity functions in the region of China.

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