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Ningbo Tuopu Group Co (SHSE:601689) Tax Rate % : 17.30% (As of Mar. 2024)


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What is Ningbo Tuopu Group Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ningbo Tuopu Group Co's Tax Expense for the three months ended in Mar. 2024 was ¥136 Mil. Ningbo Tuopu Group Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥784 Mil. Therefore, Ningbo Tuopu Group Co's Tax Rate % for the quarter that ended in Mar. 2024 was 17.30%.

Ningbo Tuopu Group Co Tax Rate % Historical Data

The historical data trend for Ningbo Tuopu 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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Ningbo Tuopu Group Co Tax Rate % Chart

Ningbo Tuopu Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.99 11.26 11.21 13.31 12.68

Ningbo Tuopu Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.69 11.48 11.11 12.01 17.30

Ningbo Tuopu Group Co Tax Rate % Calculation

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

Ningbo Tuopu 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 )
=312.274/2462.29
=12.68 %

Ningbo Tuopu 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 )
=135.55/783.516
=17.30 %

* 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.

Ningbo Tuopu Group Co Tax Rate % Related Terms

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Ningbo Tuopu Group Co (SHSE:601689) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ningbo Tuopu Group Co Ltd (SHSE:601689) » Definitions » Tax Rate %
Comparable Companies
SZSE:002920 SHSE:600741 SHSE:600660 SZSE:002602 SHSE:601799 SHSE:601058 SHSE:603596 SHSE:688819 SZSE:002625 SHSE:601966 TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG XTER:CON LKQ
Traded in Other Exchanges
N/A
Address
No.268, Yuwangshan Road, Daqi Street, Beilun District, Zhejiang, Ningbo, CHN, 315800
Website
https://www.tuopu.com
Ningbo Tuopu Group Co Ltd is a China-based company that engages in the manufacturing and sale of automotive components for international and domestic automobile manufacturers. Its product lines include automobile NVH vibration control parts, acoustic systems, lightweight power chassis systems, intelligent driving systems, and thermal management systems. The company generates the majority of its revenue from the domestic market.
Executives
Wu Hao Nian Director
Wu Jian Shu Director

Ningbo Tuopu Group Co (SHSE:601689) Headlines

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