Skyworth Group (Skyworth Group) Tax Rate % : 23.44% (As of Dec. 2023)

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What is Skyworth Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Skyworth Group's Tax Expense for the six months ended in Dec. 2023 was $49 Mil. Skyworth Group's Pre-Tax Income for the six months ended in Dec. 2023 was $210 Mil. Therefore, Skyworth Group's Tax Rate % for the quarter that ended in Dec. 2023 was 23.44%.

Skyworth Group Tax Rate % Historical Data

The historical data trend for Skyworth Group'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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Skyworth Group Tax Rate % Chart

Skyworth Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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33.61

15.83

23.00

22.65

23.98

Skyworth Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															22.13	23.88	21.62	24.97	23.44

Skyworth Group Tax Rate % Calculation

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

Skyworth Group'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 )
	=	78.009	/	325.341
	=	23.98 %

Skyworth Group's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	49.298	/	210.358
	=	23.44 %

Skyworth Group Tax Rate % Related Terms

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Skyworth Group (Skyworth Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Skyworth Group Ltd (OTCPK:SWDHF) » Definitions » Tax Rate %

Traded in Other Exchanges

00751:Hong Kong KYW:Germany

Address

20 Westlands Road, Rooms 1601-04 Westlands Centre, Quarry Bay, Hong Kong, HKG

Website

http://www.skyworth.com

Skyworth Group Ltd is principally engaged in the manufacture and sales of smart TV systems, home access systems, smart white appliances, intelligent manufacturing, internet value-added services, property development, property holding, photovoltaic products, modern services, and trading of other products. The company has four operating segments; Multimedia business, Smart systems technology business, New energy business, and Smart appliances business. The Group's operations are located in the PRC, Asia (other than the PRC), the Americas, Europe, Africa, and other regions and it derives a majority of its revenue from the People's Republic of China.