Loongson Technology (SHSE:688047) Tax Rate % : 13.44% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Loongson Technology Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Loongson Technology's Tax Expense for the three months ended in Mar. 2024 was ¥-11.6 Mil. Loongson Technology's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-86.4 Mil. Therefore, Loongson Technology's Tax Rate % for the quarter that ended in Mar. 2024 was 13.44%.

Loongson Technology Tax Rate % Historical Data

The historical data trend for Loongson Technology'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.

Loongson Technology Tax Rate % Chart

Loongson Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

5.92

25.46

7.24

-52.61

14.10

Loongson Technology Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial												15.46	46.20	10.25	1.58	13.44

Loongson Technology Tax Rate % Calculation

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

Loongson Technology'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 )
	=	-54.073	/	-383.513
	=	14.10 %

Loongson Technology'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 )
	=	-11.613	/	-86.421
	=	13.44 %

Loongson Technology Tax Rate % Related Terms

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

Loongson Technology (SHSE:688047) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Loongson Technology Corp Ltd (SHSE:688047) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yard 7, Dijin Road, Room 101, 1st Floor, Building 4, Haidian District, Beijing, CHN, 100095

Website

http://www.loongson.cn

Loongson Technology Corp Ltd is engaged in the development, sales and service of processors and supporting chips.

Loongson Technology (SHSE:688047) Headlines

No Headlines