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Shanghai Ruking Technologies Co (SZSE:301525) Tax Rate % : 10.02% (As of Mar. 2024)


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What is Shanghai Ruking Technologies Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shanghai Ruking Technologies Co's Tax Expense for the three months ended in Mar. 2024 was ¥5 Mil. Shanghai Ruking Technologies Co's Pre-Tax Income for the three months ended in Mar. 2024 was ¥48 Mil. Therefore, Shanghai Ruking Technologies Co's Tax Rate % for the quarter that ended in Mar. 2024 was 10.02%.

Shanghai Ruking Technologies Co Tax Rate % Historical Data

The historical data trend for Shanghai Ruking Technologies 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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Shanghai Ruking Technologies Co Tax Rate % Chart

Shanghai Ruking Technologies Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 12.44 14.57 10.99 11.01 11.44

Shanghai Ruking Technologies Co Quarterly Data
Dec18 Dec19 Dec20 Sep21 Dec21 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 10.14 12.11 13.36 1.94 10.02

Shanghai Ruking Technologies Co Tax Rate % Calculation

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

Shanghai Ruking Technologies 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 )
=29.036/253.877
=11.44 %

Shanghai Ruking Technologies 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 )
=4.803/47.945
=10.02 %

* 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.

Shanghai Ruking Technologies Co Tax Rate % Related Terms

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Shanghai Ruking Technologies Co (SZSE:301525) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Ruking Technologies Co Ltd (SZSE:301525) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
Lane 1688, Guoquan North Road, Room 1204A, No. 75, Yangpu, Shanghai, CHN, 200438
Website
http://www.ruking.com
Shanghai Ruking Technologies Co Ltd is engaged in research & development, production and sales of comprehensive products in the field of power electronics and motor control. The main products include heating, ventilation, air conditioning and refrigeration equipment (HVAC/R) Variable frequency drives and system controllers, variable frequency drives and controllers in the field of thermal management systems for new energy vehicles, servo drives and servo motors in the field of industrial servo drives and control systems.

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