China Aerospace Times Electronic Co (SHSE:600879) Tax Rate % : 11.72% (As of Mar. 2024)

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What is China Aerospace Times Electronic Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China Aerospace Times Electronic Co's Tax Expense for the three months ended in Mar. 2024 was ¥20 Mil. China Aerospace Times Electronic Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥174 Mil. Therefore, China Aerospace Times Electronic Co's Tax Rate % for the quarter that ended in Mar. 2024 was 11.72%.

China Aerospace Times Electronic Co Tax Rate % Historical Data

The historical data trend for China Aerospace Times Electronic 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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China Aerospace Times Electronic Co Tax Rate % Chart

China Aerospace Times Electronic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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14.34

17.50

7.15

3.32

1.15

China Aerospace Times Electronic 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															16.38	3.24	6.02	-238.45	11.72

China Aerospace Times Electronic Co Tax Rate % Calculation

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

China Aerospace Times Electronic 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 )
	=	6.871	/	597.669
	=	1.15 %

China Aerospace Times Electronic 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 )
	=	20.391	/	173.975
	=	11.72 %

China Aerospace Times Electronic Co Tax Rate % Related Terms

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China Aerospace Times Electronic Co (SHSE:600879) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » China Aerospace Times Electronic Co Ltd (SHSE:600879) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plant 22MB, High-Tech Park, Economic Technology Development District, Wuhan, CHN, 430056

Website

http://www.catec-ltd.cn

China Aerospace Times Electronic Co Ltd is a China-based company. It engaged in the manufacturing and distribution of aerospace electronic products. Its products include satellite applications, inertial navigation, Integrated circuit, Drone.

Executives

Gai Hong Bin	senior management
He Ping	senior management
Wang Zhan Chen	Director
Wang Zong Yin	Director
Zhang Xian Cai	senior management
Wu Yuan Qiang	Director
Pei Ai Jun	Supervisors

China Aerospace Times Electronic Co (SHSE:600879) Headlines

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