Sungrow Power Supply Co (SZSE:300274) Tax Rate % : 15.51% (As of Mar. 2024)

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What is Sungrow Power Supply Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sungrow Power Supply Co's Tax Expense for the three months ended in Mar. 2024 was ¥387 Mil. Sungrow Power Supply Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥2,495 Mil. Therefore, Sungrow Power Supply Co's Tax Rate % for the quarter that ended in Mar. 2024 was 15.51%.

Sungrow Power Supply Co Tax Rate % Historical Data

The historical data trend for Sungrow Power Supply 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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Sungrow Power Supply Co Tax Rate % Chart

Sungrow Power Supply Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.65

9.44

9.97

10.60

16.15

Sungrow Power Supply 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															14.40	10.64	12.03	27.21	15.51

Sungrow Power Supply Co Tax Rate % Calculation

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

Sungrow Power Supply 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 )
	=	1851.223	/	11459.963
	=	16.15 %

Sungrow Power Supply 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 )
	=	387.024	/	2494.728
	=	15.51 %

Sungrow Power Supply Co Tax Rate % Related Terms

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Sungrow Power Supply Co (SZSE:300274) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sungrow Power Supply Co Ltd (SZSE:300274) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

No.1699 Xiyou Raod, High-tech Industry Development Zone, Anhui Province, Hefei, CHN, 230088

Website

http://www.sungrowpower.com

China-based Sungrow manufactures and sells power supply equipment for the new energy industry. It offers a wide range of products, including solar inverters, energy storage systems, wind power converters, electric vehicle drives, among others. It is one of the largest suppliers of solar inverters and energy storage systems globally. It is also one of the largest new energy project developers in the world. Solar inverters, energy storage systems, and new energy investment and development each accounted for 39%, 25%, and 29% of revenue in 2022, respectively.

Sungrow Power Supply Co (SZSE:300274) Headlines

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