Yechiu Metal Recycling (China) (SHSE:601388) Tax Rate % : 28.30% (As of Mar. 2024)

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What is Yechiu Metal Recycling (China) Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Yechiu Metal Recycling (China)'s Tax Expense for the three months ended in Mar. 2024 was ¥11 Mil. Yechiu Metal Recycling (China)'s Pre-Tax Income for the three months ended in Mar. 2024 was ¥40 Mil. Therefore, Yechiu Metal Recycling (China)'s Tax Rate % for the quarter that ended in Mar. 2024 was 28.30%.

Yechiu Metal Recycling (China) Tax Rate % Historical Data

The historical data trend for Yechiu Metal Recycling (China)'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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Yechiu Metal Recycling (China) Tax Rate % Chart

Yechiu Metal Recycling (China) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.72

13.85

23.77

25.30

35.15

Yechiu Metal Recycling (China) 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															23.26	38.99	18.40	73.84	28.30

Yechiu Metal Recycling (China) Tax Rate % Calculation

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

Yechiu Metal Recycling (China)'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 )
	=	72.035	/	204.963
	=	35.15 %

Yechiu Metal Recycling (China)'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 )
	=	11.314	/	39.977
	=	28.30 %

Yechiu Metal Recycling (China) Tax Rate % Related Terms

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Yechiu Metal Recycling (China) (SHSE:601388) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Yechiu Metal Recycling (China) Ltd (SHSE:601388) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

No.88 Hufuhuang Road, Fuqiao Town, Jiangsu, Taicang, CHN

Website

http://www.yechiu.com.cn

Yechiu Metal Recycling (China) Ltd is engaged in the recycling, sorting, processing, melting and processing of metal resources. It involves in the collection of aluminum scrap resources from waste automobiles, construction materials, home appliances, etc. Its products are aluminum alloy ingots of various specifications and models. The products are widely used in automobiles, electrical appliances, machinery, construction, electricity, transportation, computers, packaging, hardware and other fields.

Executives

Liu Kai Min	Director
Li Yi Hui	Director
Gao Yu Lan	senior management
	senior management

Yechiu Metal Recycling (China) (SHSE:601388) Headlines

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