CORBF (Global Cord Blood) Tax Rate %: 23.75% (As of Mar. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CORBF Global Cord Blood Corp CORBF
12 GF Score
Price $0.95
View Full Analysis

What is Global Cord Blood Tax Rate %?

Global Cord Blood CORBF 12 Tax Rate % is 23.75% as of Mar. 2022. GuruFocus rates CORBF with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Global Cord Blood's Tax Expense for the three months ended in Mar. 2022 was $5.2 Mil. Global Cord Blood's Pre-Tax Income for the three months ended in Mar. 2022 was $22.1 Mil. Therefore, Global Cord Blood's Tax Rate % for the quarter that ended in Mar. 2022 was 23.75%.

Global Cord Blood Tax Rate % Related Terms

Global Cord Blood Tax Rate % Historical Data

* Premium members only.

The historical data trend for Global Cord Blood'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.

Global Cord Blood Tax Rate % Chart

Global Cord Blood Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.64 17.19 17.46 15.48 18.85

Global Cord Blood Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 15.78 19.31 18.07 14.81 23.75
CORBF
12GF Score
Global Cord Blood Corp CORBF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Cord Blood Tax Rate % Calculation

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

Global Cord Blood's Tax Rate % for the fiscal year that ended in Mar. 2022 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2022 )/Pre-Tax Income (A: Mar. 2022 )
=18.654/98.956
=18.85 %

Global Cord Blood's Tax Rate % for the quarter that ended in Mar. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2022 )/Pre-Tax Income (Q: Mar. 2022 )
=5.243/22.076
=23.75 %

* 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 23.75% mean?
Global Cord Blood (CORBF) has a Tax Rate % of 23.75% as of Mar. 2022.
Is Global Cord Blood's Tax Rate % too high?
Global Cord Blood's current Tax Rate % is 23.75%. Overall, Global Cord Blood has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Global Cord Blood's Tax Rate % compare to PRE and LMDX?
Global Cord Blood's Tax Rate % of 23.75% can be compared against companies in the Medical Diagnostics & Research 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 Medical Diagnostics & Research company?
A good Tax Rate % depends on the Medical Diagnostics & Research 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. Global Cord Blood's current Tax Rate % is 23.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Cord Blood stock overvalued right now?
Global Cord Blood (CORBF) has a current Tax Rate % of 23.75%. The current Tax Rate % is 23.75%. Global Cord Blood's overall GF Score™ is 12/100. 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 Global Cord Blood (CORBF), the current Tax Rate % is 23.75% as of Mar. 2022. 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.

Global Cord Blood Business Description

Address 1 Garden Road, 48th Floor, Bank of China Tower, Central, Hong Kong, HKG
Global Cord Blood Corp provides cord blood banking services. The company provides cord blood processing and storage services for expectant parents interested in capturing the evolving medical treatments and technologies such as cord blood transplants. The company generates all of its revenues by providing subscribers with processing services, which consist of the testing and processing of cord blood units, and storage services, which consist of the storage of cord blood units in its facilities.
12GF Score

Get the complete analysis for CORBF

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.95
Price