Meihua International Medical Technologies Co (Meihua International Medical Technologies Co) Tax Rate % : 23.42% (As of Dec. 2023)

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What is Meihua International Medical Technologies Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Meihua International Medical Technologies Co's Tax Expense for the six months ended in Dec. 2023 was $1.39 Mil. Meihua International Medical Technologies Co's Pre-Tax Income for the six months ended in Dec. 2023 was $5.95 Mil. Therefore, Meihua International Medical Technologies Co's Tax Rate % for the quarter that ended in Dec. 2023 was 23.42%.

Meihua International Medical Technologies Co Tax Rate % Historical Data

The historical data trend for Meihua International Medical 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.

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Meihua International Medical Technologies Co Tax Rate % Chart

Meihua International Medical Technologies Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

19.84

19.75

20.12

43.28

22.98

Meihua International Medical Technologies Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial				19.80	27.08	119.81	22.69	23.42

Meihua International Medical Technologies Co Tax Rate % Calculation

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

Meihua International Medical 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 )
	=	3.458	/	15.049
	=	22.98 %

Meihua International Medical Technologies 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 )
	=	1.394	/	5.953
	=	23.42 %

Meihua International Medical Technologies Co Tax Rate % Related Terms

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Meihua International Medical Technologies Co (Meihua International Medical Technologies Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Meihua International Medical Technologies Co Ltd (NAS:MHUA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Tongda Road, Touqiao Town, Guangling District, Yangzhou, CHN, 225000

Website

http://www.meihuamed.com

Meihua International Medical Technologies Co Ltd is engaged in providing disposable medical devices. It serves hospitals, pharmacies, medical institutions, and medical equipment companies. Its product offerings include a Disposable Medical mask, Disposable ID Bracelet, Disposable Artificial Anal bag, Disposable Catheter, and Electonic pump among others.