High-Tek Harness Enterprise Co (ROCO:3202) Tax Rate % : -57.21% (As of Dec. 2023)

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What is High-Tek Harness Enterprise Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. High-Tek Harness Enterprise Co's Tax Expense for the three months ended in Dec. 2023 was NT$-8 Mil. High-Tek Harness Enterprise Co's Pre-Tax Income for the three months ended in Dec. 2023 was NT$15 Mil. Therefore, High-Tek Harness Enterprise Co's Tax Rate % for the quarter that ended in Dec. 2023 was -57.21%.

High-Tek Harness Enterprise Co Tax Rate % Historical Data

The historical data trend for High-Tek Harness Enterprise 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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High-Tek Harness Enterprise Co Tax Rate % Chart

High-Tek Harness Enterprise Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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69.95

169.90

2.50

46.93

25.98

High-Tek Harness Enterprise Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															31.98	29.67	18.87	91.46	-57.21

High-Tek Harness Enterprise Co Tax Rate % Calculation

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

High-Tek Harness Enterprise 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 )
	=	41.439	/	159.509
	=	25.98 %

High-Tek Harness Enterprise Co'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 )
	=	-8.388	/	14.663
	=	-57.21 %

High-Tek Harness Enterprise Co Tax Rate % Related Terms

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High-Tek Harness Enterprise Co (ROCO:3202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » High-Tek Harness Enterprise Co Ltd (ROCO:3202) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4F, 16, Lane 50, Section 3, Nan-Kang Road, Nangang District, Taipei, TWN, 11510

Website

https://www.high-tek.com.tw

High-Tek Harness Enterprise Co Ltd is engaged in the design, development, and manufacturing of wire harness and micro-coaxial cable assemblies in Taiwan. Its segments include Electronic Division, Engineering Trade Division and Other Departments. It derives the majority of its revenue from the Electronic Division.

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