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Mingteng International (Mingteng International) Deferred Tax : $0.25 Mil (TTM As of Dec. 2023)


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What is Mingteng International Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Mingteng International's change in deferred tax for the six months ended in Dec. 2023 was $0.09 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2023 was $0.25 Mil.

Mingteng International Deferred Tax Historical Data

The historical data trend for Mingteng International's Deferred Tax 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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Mingteng International Deferred Tax Chart

Mingteng International Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Deferred Tax
- - - 0.25

Mingteng International Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Deferred Tax Get a 7-Day Free Trial - - - 0.16 0.09

Mingteng International Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.25 Mil.


* 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.

Mingteng International Deferred Tax Related Terms

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Mingteng International (Mingteng International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mingteng International Corp Inc (NAS:MTEN) » Definitions » Deferred Tax
Comparable Companies
Traded in Other Exchanges
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Address
Lvhua Village, Luoshe Town, Huishan District, Jiangsu Province, Wuxi, CHN, 214189
Website
Mingteng International Corp Inc operates as an automotive mold developer and supplier in China. It provides a wide range of products including casting molds for turbocharger systems, braking systems, steering and differential system, and other automotive system parts. Besides, it also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components, which are widely used in automobile, construction machinery, and other manufacturing industries.

Mingteng International (Mingteng International) Headlines

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Mingteng International Corporation Inc. Announces Pricing of Initial Public Offering

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