GURUFOCUS.COM » STOCK LIST » Technology » Software » Chinasoft International Ltd (OTCPK:CFTLF) » Definitions » Tax Rate %

CFTLF (Chinasoft International) Tax Rate % : 3.54% (As of Jun. 2024)


View and export this data going back to . Start your Free Trial

What is Chinasoft International Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Chinasoft International's Tax Expense for the six months ended in Jun. 2024 was $1 Mil. Chinasoft International's Pre-Tax Income for the six months ended in Jun. 2024 was $41 Mil. Therefore, Chinasoft International's Tax Rate % for the quarter that ended in Jun. 2024 was 3.54%.


Chinasoft International Tax Rate % Historical Data

The historical data trend for Chinasoft International'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.

* Premium members only.

Chinasoft International Tax Rate % Chart

Chinasoft International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.29 8.38 9.22 8.56 2.90

Chinasoft International Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only Premium Member Only 6.48 14.35 -2.43 7.56 3.54

Chinasoft International Tax Rate % Calculation

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

Chinasoft International'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 )
=2.98/102.791
=2.90 %

Chinasoft International'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 )
=1.445/40.778
=3.54 %

* 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.


Chinasoft International Tax Rate % Related Terms

Thank you for viewing the detailed overview of Chinasoft International's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Chinasoft International Business Description

Traded in Other Exchanges
Address
No. 2 Kexuiyuan South Road, North Wing, 12th Floor, Raycom Infotech Park, Tower C, Haidian District, Zhongguancun, Beijing, CHN, 100190
Chinasoft International Ltd is a technology software and information technology service enterprise. It provides end-to-end IT software, solutions, and services to global clients and has extensive experience in consulting, design, implementation and services in digital applications of new technologies such as cloud computing, artificial intelligence, big data, the Internet of Things, and 5G, fully supporting clients' digital transformation. It has two segments: The Technical professional services group segment provides services that include business and IT consulting, application development, system integration, product engineering, and enterprise management. The Internet IT services group segment provides cloud-based consulting services.

Chinasoft International Headlines