Muyuan Foods Co (SZSE:002714) Tax Rate % : 0.37% (As of Mar. 2024)

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What is Muyuan Foods Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Muyuan Foods Co's Tax Expense for the three months ended in Mar. 2024 was ¥-9 Mil. Muyuan Foods Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-2,468 Mil. Therefore, Muyuan Foods Co's Tax Rate % for the quarter that ended in Mar. 2024 was 0.37%.

Muyuan Foods Co Tax Rate % Historical Data

The historical data trend for Muyuan Foods 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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Muyuan Foods Co Tax Rate % Chart

Muyuan Foods Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.27

-0.01

-0.37

-0.02

0.05

Muyuan Foods 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															-1.42	0.77	-1.37	-0.33	0.37

Muyuan Foods Co Tax Rate % Calculation

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

Muyuan Foods 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 )
	=	-2.22	/	-4170.088
	=	0.05 %

Muyuan Foods 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 )
	=	-9.023	/	-2467.811
	=	0.37 %

Muyuan Foods Co Tax Rate % Related Terms

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Muyuan Foods Co (SZSE:002714) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Muyuan Foods Co Ltd (SZSE:002714) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Longsheng Industrial Park, Wolong District, Nanyang, CHN, 473000

Website

https://www.muyuanfoods.com

Muyuan Foods is the largest hog producer in China and operates an integrated model, stretching from feed processing, swine medicine development, and sow breeding, to hog raising and slaughtering. The company derives over 80% of its sales from hog production and has increased its exposure to hog processing in recent years. In recent years, feed processing has also taken up a mid-single-digit percentage of sales. Muyuan's hog output has increased 46 times between 2013 and 2022.

Muyuan Foods Co (SZSE:002714) Headlines

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