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Sinolong New Materials Co (SZSE:301565) Tax Rate % : 11.42% (As of Jun. 2024)


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What is Sinolong New Materials Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sinolong New Materials Co's Tax Expense for the three months ended in Jun. 2024 was ¥6 Mil. Sinolong New Materials Co's Pre-Tax Income for the three months ended in Jun. 2024 was ¥51 Mil. Therefore, Sinolong New Materials Co's Tax Rate % for the quarter that ended in Jun. 2024 was 11.42%.

Sinolong New Materials Co Tax Rate % Historical Data

The historical data trend for Sinolong New Materials 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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Sinolong New Materials Co Tax Rate % Chart

Sinolong New Materials Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
-1.87 13.41 12.76 13.42 11.08

Sinolong New Materials Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.68 - - 10.82 11.42

Sinolong New Materials Co Tax Rate % Calculation

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

Sinolong New Materials 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 )
=25.705/231.908
=11.08 %

Sinolong New Materials Co's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=5.805/50.821
=11.42 %

* 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.

Sinolong New Materials Co Tax Rate % Related Terms

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Sinolong New Materials Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sinolong New Materials Co Ltd (SZSE:301565) » Definitions » Tax Rate %
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 268-1, Wengjiao Road, Haicang District, Fujian, Xiamen, CHN, 361000
Website
https://www.sinolong.net
Sinolong New Materials Co Ltd is engaged in Research and development, production and sales of functional BOPA film, biodegradable BOPLA film, polyamide 6 (PA6) and other related material products.

Sinolong New Materials Co Headlines

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