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ABLV (Able View Global) Tax Rate % : 27.95% (As of Jun. 2024)


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What is Able View Global Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Able View Global's Tax Expense for the six months ended in Jun. 2024 was $-2.5 Mil. Able View Global's Pre-Tax Income for the six months ended in Jun. 2024 was $-8.8 Mil. Therefore, Able View Global's Tax Rate % for the quarter that ended in Jun. 2024 was 27.95%.

Able View Global Tax Rate % Historical Data

The historical data trend for Able View Global'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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Able View Global Tax Rate % Chart

Able View Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
14.55 13.53 15.67 16.60

Able View Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial 18.26 12.98 15.34 18.29 27.95

Able View Global Tax Rate % Calculation

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

Able View Global'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 )
=1.941/11.691
=16.60 %

Able View Global'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 )
=-2.458/-8.794
=27.95 %

* 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.

Able View Global Tax Rate % Related Terms

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Able View Global Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Able View Global Inc (NAS:ABLV) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
No. 168, Middle Xizang Road, Floor 16, Dushi Headquarters Building, Shanghai, CHN, 200001
Website
https://www.ableview.com
Able View Global Inc operates as a brand management partner of international beauty and personal care brands in China. It provides full-service solutions covering marketing plan, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfillment. The firm generates revenue from product sales by distributing and selling cross-border products from various brand owners to Chinese consumers.