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Jiangsu Goodwe Power Supply Technology Co (SHSE:688390) Tax Rate % : 50.66% (As of Mar. 2024)


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What is Jiangsu Goodwe Power Supply Technology Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Jiangsu Goodwe Power Supply Technology Co's Tax Expense for the three months ended in Mar. 2024 was ¥-20 Mil. Jiangsu Goodwe Power Supply Technology Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥-39 Mil. Therefore, Jiangsu Goodwe Power Supply Technology Co's Tax Rate % for the quarter that ended in Mar. 2024 was 50.66%.


Jiangsu Goodwe Power Supply Technology Co Tax Rate % Historical Data

The historical data trend for Jiangsu Goodwe Power Supply Technology 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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Jiangsu Goodwe Power Supply Technology Co Tax Rate % Chart

Jiangsu Goodwe Power Supply Technology Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.20 14.46 5.96 7.80 13.70

Jiangsu Goodwe Power Supply Technology 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 12.66 6.73 24.35 -33.14 50.66

Jiangsu Goodwe Power Supply Technology Co Tax Rate % Calculation

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

Jiangsu Goodwe Power Supply Technology 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 )
=137.544/1003.768
=13.70 %

Jiangsu Goodwe Power Supply Technology 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 )
=-19.679/-38.849
=50.66 %

* 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.


Jiangsu Goodwe Power Supply Technology Co Tax Rate % Related Terms

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Jiangsu Goodwe Power Supply Technology Co (SHSE:688390) Business Description

Traded in Other Exchanges
N/A
Address
No. 90, Zijin Road, High-tech Zone, Jiangsu Province, Suzhou, CHN, 215011
Jiangsu Goodwe Power Supply Technology Co Ltd is engaged in production and sales of new energy power supply equipment such as solar energy and energy storage. The company's products include residential inverters, commercial rooftop inverters, ground utility inverters, energy storage inverters, and monitoring systems.
Executives
Lu Jin Jun Director
Dou Jin Li senior management
Wang Yin Chao senior management
Fang Gang Director
Huang Min Director
Zheng Jia Xuan Director

Jiangsu Goodwe Power Supply Technology Co (SHSE:688390) Headlines

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