AFC Agro Biotech (DHA:AFCAGRO) Tax Rate %: -0.09% (As of Mar. 2023)

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DHA:AFCAGRO AFC Agro Biotech Ltd DHA:AFCAGRO
10 GF Score
Price BDT7.20
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What is AFC Agro Biotech Tax Rate %?

AFC Agro Biotech DHA:AFCAGRO +2.86% 10 Tax Rate % is -0.09% as of Mar. 2023. GuruFocus rates DHA:AFCAGRO with a GF Score™ of 10/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. AFC Agro Biotech's Tax Expense for the three months ended in Mar. 2023 was BDT-0.0 Mil. AFC Agro Biotech's Pre-Tax Income for the three months ended in Mar. 2023 was BDT1.2 Mil. Therefore, AFC Agro Biotech's Tax Rate % for the quarter that ended in Mar. 2023 was -0.09%.

AFC Agro Biotech Tax Rate % Related Terms

AFC Agro Biotech Tax Rate % Historical Data

* Premium members only.

The historical data trend for AFC Agro Biotech'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.

AFC Agro Biotech Tax Rate % Chart

AFC Agro Biotech Annual Data
Trend Dec13 Dec14 Jun15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Tax Rate %
Get a 7-Day Free Trial Premium Member Only -12.82 0.87 0.18 0.11 0.17

AFC Agro Biotech Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.00 -0.11 0.00 0.00 -0.09
DHA:AFCAGRO
10GF Score
AFC Agro Biotech Ltd DHA:AFCAGRO
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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AFC Agro Biotech Tax Rate % Calculation

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

AFC Agro Biotech's Tax Rate % for the fiscal year that ended in Jun. 2022 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2022 )/Pre-Tax Income (A: Jun. 2022 )
=0.043/25.675
=0.17 %

AFC Agro Biotech's Tax Rate % for the quarter that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2023 )/Pre-Tax Income (Q: Mar. 2023 )
=-0.001/1.153
=-0.09 %

* 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 -0.09% mean?
AFC Agro Biotech (DHA:AFCAGRO) has a Tax Rate % of -0.09% as of Mar. 2023.
Is AFC Agro Biotech's Tax Rate % too high?
AFC Agro Biotech's current Tax Rate % is -0.09%. Overall, AFC Agro Biotech has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does AFC Agro Biotech's Tax Rate % compare to ZTS and VTRS?
AFC Agro Biotech's Tax Rate % of -0.09% can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Tax Rate % depends on the Drug Manufacturers 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. AFC Agro Biotech's current Tax Rate % is -0.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AFC Agro Biotech stock overvalued right now?
AFC Agro Biotech (DHA:AFCAGRO) has a current Tax Rate % of -0.09%. The current Tax Rate % is -0.09%. AFC Agro Biotech's overall GF Score™ is 10/100. 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 AFC Agro Biotech (DHA:AFCAGRO), the current Tax Rate % is -0.09% as of Mar. 2023. 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.

AFC Agro Biotech Business Description

Address 214/D, Gulshan-Tejgaon Link Road, Navana Osman at Link, Dhaka, BGD, 1208
AFC Agro Biotech Ltd is a biotech products manufacturer. It is engaged in manufacturing biopharmaceuticals and biochemicals. It manufactures antibiotics, proteins, vaccines, enzymes from agricultural ingredients like molasses, glucose, potato starch, and other nutrients. The products manufactured by the company are macrolide protein, acetic acid, L-Lysine, monosodium glutamate, methionine, calcium hydrogen orthophosphate, magnesium carbonate, and sodium carbonate. It sells its products to the local markets in Bangladesh.
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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT7.20
Price