GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » TCL Zhonghuan Renewable Energy Technology Co Ltd (SZSE:002129) » Definitions » Tax Rate %

TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) Tax Rate % : 2.14% (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is TCL Zhonghuan Renewable Energy Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TCL Zhonghuan Renewable Energy Technology Co's Tax Expense for the three months ended in Mar. 2024 was ¥-21 Mil. TCL Zhonghuan Renewable Energy Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-972 Mil. Therefore, TCL Zhonghuan Renewable Energy Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 was 2.14%.


TCL Zhonghuan Renewable Energy Technology Co Tax Rate % Historical Data

The historical data trend for TCL Zhonghuan Renewable Energy 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.

TCL Zhonghuan Renewable Energy Technology Co Tax Rate % Chart

TCL Zhonghuan Renewable Energy Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.45 12.80 11.30 5.05 14.20

TCL Zhonghuan Renewable Energy 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 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 12.26 7.56 15.65 7.47 2.14

TCL Zhonghuan Renewable Energy Technology Co Tax Rate % Calculation

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

TCL Zhonghuan Renewable Energy 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 )
=645.136/4544.027
=14.20 %

TCL Zhonghuan Renewable Energy 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 )
=-20.818/-971.933
=2.14 %

* 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.


TCL Zhonghuan Renewable Energy Technology Co Tax Rate % Related Terms

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


TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) Business Description

Traded in Other Exchanges
N/A
Address
No. 12 Haitai East Street, Huayuan Technology Park, New and High-Tech Industrial Development Zone, Tianjin, Tianjin, CHN, 300384
TCL Zhonghuan is the second largest solar silicon wafer producer in China. It produced about 68.3GW solar wafers in 2022, accounting for 19.1% of total production in China. Solar wafers contributed 76% of revenue and 81% of gross profit in 2022. Zhonghuan is also a leading domestic semiconductor silicon wafer producer.

TCL Zhonghuan Renewable Energy Technology Co (SZSE:002129) Headlines

No Headlines