Zhejiang RIFA Precision Machinery Co (SZSE:002520) Tax Rate % : -16.87% (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Zhejiang RIFA Precision Machinery Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Zhejiang RIFA Precision Machinery Co's Tax Expense for the three months ended in Mar. 2024 was ¥4 Mil. Zhejiang RIFA Precision Machinery Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-26 Mil. Therefore, Zhejiang RIFA Precision Machinery Co's Tax Rate % for the quarter that ended in Mar. 2024 was -16.87%.

Zhejiang RIFA Precision Machinery Co Tax Rate % Historical Data

The historical data trend for Zhejiang RIFA Precision Machinery 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.

Zhejiang RIFA Precision Machinery Co Tax Rate % Chart

Zhejiang RIFA Precision Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

23.46

26.38

40.33

15.89

-34.37

Zhejiang RIFA Precision Machinery 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															-2.66	-335.15	-33.03	-34.60	-16.87

Zhejiang RIFA Precision Machinery Co Tax Rate % Calculation

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

Zhejiang RIFA Precision Machinery 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 )
	=	230.767	/	-671.375
	=	-34.37 %

Zhejiang RIFA Precision Machinery 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 )
	=	4.404	/	-26.103
	=	-16.87 %

Zhejiang RIFA Precision Machinery Co Tax Rate % Related Terms

Thank you for viewing the detailed overview of Zhejiang RIFA Precision Machinery Co's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang RIFA Precision Machinery Co (SZSE:002520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang RIFA Precision Machinery Co Ltd (SZSE:002520) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

Nanyan Industry Zone, Zhejiang Province, Xinchang, CHN, 312500

Website

http://www.rifapm.com

Zhejiang RIFA Precision Machinery Co Ltd is a China-based company engaged in the manufacturing and distribution of computer numerical control (CNC) machine tools. It provides CNC lathes, CNC grinding machines, vertical machining centers, horizontal machining centers, as well as gantry machining centers, among others. It offers its products under the brand name RIFA. The company distributes its products within domestic market and to overseas markets.

Executives

Wang Ben Shan	Directors, executives
Huang Lin Jun	Supervisors
Wu Jie	Director
Wang Ji	Director
Dong Yi Guang	Supervisors

Zhejiang RIFA Precision Machinery Co (SZSE:002520) Headlines

No Headlines