GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ningbo Deye Technology Co Ltd (SHSE:605117) » Definitions » Tax Rate %

Ningbo Deye Technology Co (SHSE:605117) Tax Rate % : 13.92% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Ningbo Deye Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ningbo Deye Technology Co's Tax Expense for the three months ended in Mar. 2024 was ¥70 Mil. Ningbo Deye Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥503 Mil. Therefore, Ningbo Deye Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 was 13.92%.


Ningbo Deye Technology Co Tax Rate % Historical Data

The historical data trend for Ningbo Deye 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.

* Premium members only.

Ningbo Deye Technology Co Tax Rate % Chart

Ningbo Deye Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 11.99 12.39 12.01 13.15 14.56

Ningbo Deye Technology Co Quarterly Data
Dec17 Dec18 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 15.25 13.18 12.69 19.12 13.92

Ningbo Deye Technology Co Tax Rate % Calculation

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

Ningbo Deye 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 )
=305.308/2096.295
=14.56 %

Ningbo Deye 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 )
=70.017/502.926
=13.92 %

* 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.


Ningbo Deye Technology Co Tax Rate % Related Terms

Thank you for viewing the detailed overview of Ningbo Deye Technology Co's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ningbo Deye Technology Co (SHSE:605117) Business Description

Traded in Other Exchanges
N/A
Address
No. 26, Yongjiang South Road, Daqi, Beilun District, Zhejiang Province, Ningbo, CHN, 315806
Ningbo Deye Technology Co Ltd is engaged in the production and sales of components such as evaporators, condensers, and frequency conversion control chips, as well as environmental electrical products such as dehumidifiers and air source heat pump heaters.

Ningbo Deye Technology Co (SHSE:605117) Headlines

No Headlines