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Grandtop Yongxing Group Co (SHSE:601033) Tax Rate % : 8.18% (As of Mar. 2024)


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What is Grandtop Yongxing Group Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Grandtop Yongxing Group Co's Tax Expense for the three months ended in Mar. 2024 was ¥19 Mil. Grandtop Yongxing Group Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥226 Mil. Therefore, Grandtop Yongxing Group Co's Tax Rate % for the quarter that ended in Mar. 2024 was 8.18%.

Grandtop Yongxing Group Co Tax Rate % Historical Data

The historical data trend for Grandtop Yongxing Group 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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Grandtop Yongxing Group Co Tax Rate % Chart

Grandtop Yongxing Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
3.09 2.07 5.36 3.94 7.99

Grandtop Yongxing Group Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.74 1.91 5.33 29.98 8.18

Grandtop Yongxing Group Co Tax Rate % Calculation

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

Grandtop Yongxing Group 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 )
=65.039/813.546
=7.99 %

Grandtop Yongxing Group 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 )
=18.505/226.164
=8.18 %

* 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.

Grandtop Yongxing Group Co Tax Rate % Related Terms

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Grandtop Yongxing Group Co (SHSE:601033) Business Description

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Grandtop Yongxing Group Co Ltd is engaged in the waste incineration power generation business. The company focuses on clean energy production and focuses on the harmless, reduction, and resource utilization treatment of solid waste.

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