Shanxi Meijin Energy Co (SZSE:000723) Tax Rate % : 18.83% (As of Mar. 2024)

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What is Shanxi Meijin Energy Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shanxi Meijin Energy Co's Tax Expense for the three months ended in Mar. 2024 was ¥-99 Mil. Shanxi Meijin Energy Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-528 Mil. Therefore, Shanxi Meijin Energy Co's Tax Rate % for the quarter that ended in Mar. 2024 was 18.83%.

Shanxi Meijin Energy Co Tax Rate % Historical Data

The historical data trend for Shanxi Meijin Energy 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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Shanxi Meijin Energy Co Tax Rate % Chart

Shanxi Meijin Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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26.69

24.55

23.59

25.56

59.04

Shanxi Meijin Energy 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															28.70	-14.28	61.83	0.22	18.83

Shanxi Meijin Energy Co Tax Rate % Calculation

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

Shanxi Meijin Energy 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 )
	=	225.857	/	382.56
	=	59.04 %

Shanxi Meijin Energy 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 )
	=	-99.365	/	-527.721
	=	18.83 %

Shanxi Meijin Energy Co Tax Rate % Related Terms

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Shanxi Meijin Energy Co (SZSE:000723) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shanxi Meijin Energy Co Ltd (SZSE:000723) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

No. 92 Fuxi Street, Tianlongcang Building, 12F, Taiyuan, Shanxi, CHN, 030002

Website

http://www.mjenergy.cn

Shanxi Meijin Energy Co Ltd is a petroleum processing, coking and nuclear fuel processing company.

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