Beijing Piesat Information Technology Co (SHSE:688066) Tax Rate % : 5.21% (As of Mar. 2024)

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What is Beijing Piesat Information Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Beijing Piesat Information Technology Co's Tax Expense for the three months ended in Mar. 2024 was ¥-8 Mil. Beijing Piesat Information Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-159 Mil. Therefore, Beijing Piesat Information Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 was 5.21%.

Beijing Piesat Information Technology Co Tax Rate % Historical Data

The historical data trend for Beijing Piesat Information 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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Beijing Piesat Information Technology Co Tax Rate % Chart

Beijing Piesat Information Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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10.65

5.77

5.44

3.24

13.24

Beijing Piesat Information 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															1.67	2.07	7.81	13.78	5.21

Beijing Piesat Information Technology Co Tax Rate % Calculation

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

Beijing Piesat Information 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 )
	=	-57.415	/	-433.624
	=	13.24 %

Beijing Piesat Information 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 )
	=	-8.296	/	-159.209
	=	5.21 %

Beijing Piesat Information Technology Co Tax Rate % Related Terms

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Beijing Piesat Information Technology Co (SHSE:688066) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Piesat Information Technology Co Ltd (SHSE:688066) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Xingshikou Road, Room 301, 3rd Floor, Building 5, 4th District, Haidian District, Beijing, CHN, 100195

Website

http://www.piesat.com.cn

Beijing Piesat Information Technology Co Ltd is a satellite application service provider in China. It is one of the first platform companies in china to engage in satellite applications and spatiotemporal big data empowerment industries. Its business model of digitization and information services, which is a domestic and internationally advanced smart earth spatio-temporal big data service provider. The company provides a full range of products and services which is based on multi-source remote sensing big data that is developed based on the independent intellectual property PIE-Engine remote sensing cloud service platform.

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