Ningbo Ligong Environment and Energy Technology Co (SZSE:002322) Tax Rate % : 18.60% (As of Mar. 2024)

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What is Ningbo Ligong Environment and Energy Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ningbo Ligong Environment and Energy Technology Co's Tax Expense for the three months ended in Mar. 2024 was ¥9 Mil. Ningbo Ligong Environment and Energy Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥50 Mil. Therefore, Ningbo Ligong Environment and Energy Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 was 18.60%.

Ningbo Ligong Environment and Energy Technology Co Tax Rate % Historical Data

The historical data trend for Ningbo Ligong Environment and 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.

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Ningbo Ligong Environment and Energy Technology Co Tax Rate % Chart

Ningbo Ligong Environment and Energy Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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8.64

10.87

36.28

11.13

11.00

Ningbo Ligong Environment and 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															16.15	7.57	12.99	10.61	18.60

Ningbo Ligong Environment and Energy Technology Co Tax Rate % Calculation

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

Ningbo Ligong Environment and 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 )
	=	30.401	/	276.316
	=	11.00 %

Ningbo Ligong Environment and 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 )
	=	9.359	/	50.316
	=	18.60 %

Ningbo Ligong Environment and Energy Technology Co Tax Rate % Related Terms

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Ningbo Ligong Environment and Energy Technology Co (SZSE:002322) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ningbo Ligong Environment and Energy Technology Co Ltd (SZSE:002322) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 22, Caofeijiang Road, Bonded Area, Zhejiang, Ningbo, CHN, 315806

Website

http://www.lgom.com.cn

Ningbo Ligong Environment and Energy Technology Co Ltd develops and supplies online monitoring products and service for electric power industry in China. Its products and solutions include smart grid online monitoring, environmental monitoring, environmental protection and power information and environmental governance.

Executives

Li Xue Hui	Secretary Dong
Zhu Lin Sheng	Director
Ou Yang Qiang	Executives
Yu Xue	Director
Wang Bi Kao	Executives
Chen Kui	Independent director
Yu Ling Jia	Securities Affairs Representative
Zhou Fang Jie	Directors, executives
Wu Wei Guo	Executives
Zhao Shu Qiu	Executives
Wang Hui Fen	Executives
Zhao Yong	Directors, executives
Xu Qing Song	Directors, executives
Yang Liu Feng	Directors, executives
Zhang Peng Xiang	Directors, executives

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