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Shenyang Fortune Precision Equipment Co (SHSE:688409) Tax Rate % : 24.23% (As of Mar. 2024)


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What is Shenyang Fortune Precision Equipment Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shenyang Fortune Precision Equipment Co's Tax Expense for the three months ended in Mar. 2024 was ¥16 Mil. Shenyang Fortune Precision Equipment Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥67 Mil. Therefore, Shenyang Fortune Precision Equipment Co's Tax Rate % for the quarter that ended in Mar. 2024 was 24.23%.


Shenyang Fortune Precision Equipment Co Tax Rate % Historical Data

The historical data trend for Shenyang Fortune Precision Equipment 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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Shenyang Fortune Precision Equipment Co Tax Rate % Chart

Shenyang Fortune Precision Equipment Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 2.55 13.63 10.40 12.39 14.48

Shenyang Fortune Precision Equipment Co Quarterly Data
Dec18 Dec19 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 16.87 5.39 6.81 29.27 24.23

Shenyang Fortune Precision Equipment Co Tax Rate % Calculation

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

Shenyang Fortune Precision Equipment 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 )
=28.44/196.406
=14.48 %

Shenyang Fortune Precision Equipment 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 )
=16.249/67.075
=24.23 %

* 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.


Shenyang Fortune Precision Equipment Co Tax Rate % Related Terms

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Shenyang Fortune Precision Equipment Co (SHSE:688409) Business Description

Traded in Other Exchanges
N/A
Address
No. 18A-1, Feiyun Road, Hunnan District, Liaoning Province, Shenyang, CHN, 110168
Shenyang Fortune Precision Equipment Co Ltd focuses on the precision manufacturing technology of metal parts and components, and has mastered one-stop manufacturing processes such as precision machinery manufacturing, high-cleanliness surface treatment, welding, assembly, and testing that can meet stringent standards.

Shenyang Fortune Precision Equipment Co (SHSE:688409) Headlines

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