WXT (Wuxin Technology Holdings) Tax Provision: $-0.67 Mil (TTM As of Dec. 2021)


What is Wuxin Technology Holdings Tax Provision?

Wuxin Technology Holdings WXT Tax Provision is $-0.67 Mil as of Dec. 2021.

Wuxin Technology Holdings's tax provision for the three months ended in Dec. 2021 was $-0.36 Mil. Its tax provision for the trailing twelve months (TTM) ended in Dec. 2021 was $-0.67 Mil.

Wuxin Technology Holdings Tax Provision Historical Data

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The historical data trend for Wuxin Technology Holdings's Tax Provision 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.

Wuxin Technology Holdings Tax Provision Chart

Wuxin Technology Holdings Annual Data
Trend Jun20 Jun21
Tax Provision
-0.31 -0.56

Wuxin Technology Holdings Quarterly Data
Jun20 Dec20 Jun21 Dec21
Tax Provision 0.00 -0.26 -0.31 -0.36

Wuxin Technology Holdings Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.67 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of $-0.67 Mil mean?
Wuxin Technology Holdings (WXT) has a Tax Provision of $-0.67 Mil as of Dec. 2021. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Wuxin Technology Holdings and its competitors.
Is Wuxin Technology Holdings' Tax Provision too high?
Wuxin Technology Holdings' current Tax Provision is $-0.67 Mil.
How does Wuxin Technology Holdings' Tax Provision compare to ?
Wuxin Technology Holdings' Tax Provision of $-0.67 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Hardware company?
A good Tax Provision depends on the Hardware industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Wuxin Technology Holdings and its competitors. Wuxin Technology Holdings's current Tax Provision is $-0.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuxin Technology Holdings stock overvalued right now?
Wuxin Technology Holdings (WXT) has a current Tax Provision of $-0.67 Mil. The current Tax Provision is $-0.67 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Wuxin Technology Holdings (WXT), the current Tax Provision is $-0.67 Mil as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wuxin Technology Holdings Business Description

Comparable Companies
Address No. 2 Qiongyu Road, Nanshan District, Tefa Information and Technology Plaza, Floor 15, Shenzhen, CHN, 518052
Wuxin Technology Holdings Inc is engaged in providing Internet of Things connectivity solutions. The company has developed an ant delete center (ADC) protocol, which is a wireless, decentralized, and ad hoc protocol derived from the foraging principle of ant colonies, and allows an IoT network of numerous nodes to efficiently detect the shortest path of data transmission and decentralize the control.