Sinovus Mining (ASX:SNV) Tax Rate %: 0.00% (As of Dec. 2015)

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What is Sinovus Mining Tax Rate %?

Sinovus Mining ASX:SNV Tax Rate % is 0.00% as of Dec. 2015. The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sinovus Mining's Tax Expense for the six months ended in Dec. 2015 was A$0.00 Mil. Sinovus Mining's Pre-Tax Income for the six months ended in Dec. 2015 was A$0.10 Mil. Therefore, Sinovus Mining's Tax Rate % for the quarter that ended in Dec. 2015 was 0.00%.

Sinovus Mining Tax Rate % Related Terms

Sinovus Mining Tax Rate % Historical Data

* Premium members only.

The historical data trend for Sinovus Mining'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.

Sinovus Mining Tax Rate % Chart

Sinovus Mining Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Sinovus Mining Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Sinovus Mining Tax Rate % Calculation

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

Sinovus Mining's Tax Rate % for the fiscal year that ended in Jun. 2016 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2016 )/Pre-Tax Income (A: Jun. 2016 )
=0/-0.081
=0.00 %

Sinovus Mining's Tax Rate % for the quarter that ended in Dec. 2015 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2015 )/Pre-Tax Income (Q: Dec. 2015 )
=0/0.095
=0.00 %

* 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 Rate % →
What does a Tax Rate % of 0.00% mean?
Sinovus Mining (ASX:SNV) has a Tax Rate % of 0.00% as of Dec. 2015.
Is Sinovus Mining's Tax Rate % too high?
Sinovus Mining's current Tax Rate % is 0.00%.
How does Sinovus Mining's Tax Rate % compare to competitors?
Sinovus Mining's Tax Rate % of 0.00% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Metals & Mining company?
A good Tax Rate % depends on the Metals & Mining industry context. However, Tax Rate % 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 Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Sinovus Mining's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinovus Mining stock overvalued right now?
Sinovus Mining (ASX:SNV) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Sinovus Mining (ASX:SNV), the current Tax Rate % is 0.00% as of Dec. 2015. 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.

Sinovus Mining Business Description

Address 32 Martin Place, Level 10, Sydney, NSW, AUS, 2000
Sinovus Mining Ltd is a mineral resource company. It engaged in developing its gold assets in the Heilongjiang region of north-eastern China. The Company's main projects include: Xiangguang Silver Project, Laogouxi Gold Project, YangShan Coal Mine and Paltar Petroleum Limited.