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CLPS (CLPS) Tax Rate % : 17.07% (As of Jun. 2024)


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What is CLPS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CLPS's Tax Expense for the six months ended in Jun. 2024 was $-0.2 Mil. CLPS's Pre-Tax Income for the six months ended in Jun. 2024 was $-1.0 Mil. Therefore, CLPS's Tax Rate % for the quarter that ended in Jun. 2024 was 17.07%.

CLPS Tax Rate % Historical Data

The historical data trend for CLPS'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.

CLPS Tax Rate % Chart

CLPS Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 22.52 15.11 39.64 87.53 -8.74

CLPS Semi-Annual Data
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 722.19 11.86 -61.90 -41.94 17.07

CLPS Tax Rate % Calculation

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

CLPS's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=0.161/-1.843
=-8.74 %

CLPS'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 )
=-0.177/-1.037
=17.07 %

* 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.

CLPS Tax Rate % Related Terms

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CLPS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » CLPS Inc (NAS:CLPS) » Definitions » Tax Rate %
Comparable Companies
BTCM WYY DTST TDTH GLE GEDC HLEO JFU SAIH JDZG IBM ACN NSE:TCS FI NSE:INFY NSE:HCLTECH CTSH IT FIS BOM:507685
Traded in Other Exchanges
N/A
Address
c/o Unit 1000, 10th Floor, Millennium City III, 370 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong, HKG
Website
https://www.clpsglobal.com
CLPS Inc is a holding company. The company through its subsidiaries provides information technology consulting and solutions institutions in the banking, insurance, and financial sectors, both in China and globally. Its products are Risk Control Platform, Transaction Acquiring Platform, Debt Collection Platform, Virtual Bank Training Platform, Credit Card System, and other related products. The company generates its revenue from IT consulting services, Customized IT solution services, and others. Generating the majority of its revenue from the IT consulting service.