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Zhejiang Tengen Electric Co (SHSE:605066) Tax Rate % : -1.23% (As of Mar. 2024)


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What is Zhejiang Tengen Electric Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Zhejiang Tengen Electric Co's Tax Expense for the three months ended in Mar. 2024 was ¥-0 Mil. Zhejiang Tengen Electric Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥29 Mil. Therefore, Zhejiang Tengen Electric Co's Tax Rate % for the quarter that ended in Mar. 2024 was -1.23%.


Zhejiang Tengen Electric Co Tax Rate % Historical Data

The historical data trend for Zhejiang Tengen Electric 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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Zhejiang Tengen Electric Co Tax Rate % Chart

Zhejiang Tengen Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 12.50 12.31 -1.85 -139.58 8.08

Zhejiang Tengen Electric 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 5.18 4.00 -1.24 42.39 -1.23

Zhejiang Tengen Electric Co Tax Rate % Calculation

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

Zhejiang Tengen Electric 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 )
=14.216/175.852
=8.08 %

Zhejiang Tengen Electric 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 )
=-0.351/28.587
=-1.23 %

* 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.


Zhejiang Tengen Electric Co Tax Rate % Related Terms

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Zhejiang Tengen Electric Co (SHSE:605066) Business Description

Traded in Other Exchanges
N/A
Address
Sulu Industrial Zone, Liushi Town, Zhejiang Province, Yueqing, CHN, 325604
Zhejiang Tengen Electric Co Ltd is engaged in production and sales of low-voltage electrical products such as power distribution appliances, control appliances, terminal appliances, power appliances, and instrument appliances. The company produces industrial electrical products such as low-voltage power distribution and industrial control electrical appliances, smart meters, power supplies, frequency converters, high-voltage electrical appliances, and construction electrical appliances, for electric power, communications, new energy, industrial and civil construction, metallurgy, petrochemical, machinery manufacturing.

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