CNGR Advanced Materials Co (SZSE:300919) Tax Rate % : 17.68% (As of Mar. 2024)

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What is CNGR Advanced Materials Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CNGR Advanced Materials Co's Tax Expense for the three months ended in Mar. 2024 was ¥112 Mil. CNGR Advanced Materials Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥635 Mil. Therefore, CNGR Advanced Materials Co's Tax Rate % for the quarter that ended in Mar. 2024 was 17.68%.

CNGR Advanced Materials Co Tax Rate % Historical Data

The historical data trend for CNGR Advanced Materials 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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CNGR Advanced Materials Co Tax Rate % Chart

CNGR Advanced Materials Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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15.15

11.66

12.13

9.10

11.78

CNGR Advanced Materials 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															19.35	17.10	11.75	0.51	17.68

CNGR Advanced Materials Co Tax Rate % Calculation

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

CNGR Advanced Materials 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 )
	=	280.41	/	2379.904
	=	11.78 %

CNGR Advanced Materials 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 )
	=	112.333	/	635.239
	=	17.68 %

CNGR Advanced Materials Co Tax Rate % Related Terms

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CNGR Advanced Materials Co (SZSE:300919) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CNGR Advanced Materials Co Ltd (SZSE:300919) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial Base, No. 2 Trunk Road and No. 1 Trunk Road, Dalong Economic Development Zone, Guizhou Province, Tongren, CHN, 554001

Website

http://www.cngrgf.com.cn

CNGR Advanced Materials Co Ltd is engaged in the research and development, production, processing and sales of lithium battery cathode material precursors. The main products include ternary precursors and cobalt tetroxide, which are used to produce ternary cathode materials and lithium cobalt oxide cathode materials.

Executives

He Qi Zhong

Supervisors

CNGR Advanced Materials Co (SZSE:300919) Headlines

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