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Hongfa Technology Co (SHSE:600885) Tax Rate % : 14.12% (As of Mar. 2024)


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What is Hongfa Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hongfa Technology Co's Tax Expense for the three months ended in Mar. 2024 was ¥78 Mil. Hongfa Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥549 Mil. Therefore, Hongfa Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 was 14.12%.

Hongfa Technology Co Tax Rate % Historical Data

The historical data trend for Hongfa Technology 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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Hongfa Technology Co Tax Rate % Chart

Hongfa Technology 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 14.17 13.29 10.32 9.09 14.54

Hongfa Technology 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 18.21 10.80 11.85 17.44 14.12

Hongfa Technology Co Tax Rate % Calculation

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

Hongfa Technology 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 )
=326.291/2244.703
=14.54 %

Hongfa Technology 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 )
=77.588/549.336
=14.12 %

* 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.

Hongfa Technology Co Tax Rate % Related Terms

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Hongfa Technology Co (SHSE:600885) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hongfa Technology Co Ltd (SHSE:600885) » Definitions » Tax Rate %
Comparable Companies
SZSE:000400 SZSE:000988 SHSE:600517 SZSE:300207 SZSE:301358 SHSE:603606 SHSE:688777 SHSE:603556 SHSE:601179 SZSE:300001 SZSE:300750 XSWX:ABBN HAM:OSR VRT TSE:6503 XPAR:LR BKK:DELTA HUBB SZSE:300124 SZSE:300274
Traded in Other Exchanges
N/A
Address
4th fioor ,No.C06,Fengye Roads, Fenghuang Industrial Zone, Fuyong Town,Bao'an District, Shenzhen, CHN
Website
http://www.hongfa.com
Hongfa Technology Co Ltd is a relay manufacturer in China. It engaged in the manufacturing and sale of electronic components. Its product portfolio includes relays, HV/LV devices, precision parts, automatic production. Hongfa products are widely used in areas as industry, energy, transportation, telecommunication, home appliances, medical care, national defense.
Executives
Huang Hong Fang Supervisors
Wang Xiao Peng Director
He Ya Bin Director
Gao Yuan Kun Director
Shen Ying Ming Supervisors

Hongfa Technology Co (SHSE:600885) Headlines

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