Hamid Fabrics (DHA:HFL) Tax Rate %: -3.28% (As of Sep. 2024)

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.

DHA:HFL Hamid Fabrics PLC DHA:HFL
10 GF Score
Price BDT16.00
View Full Analysis

What is Hamid Fabrics Tax Rate %?

Hamid Fabrics DHA:HFL -0.62% 10 Tax Rate % is -3.28% as of Sep. 2024. GuruFocus rates DHA:HFL with a GF Score™ of 10/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hamid Fabrics's Tax Expense for the three months ended in Sep. 2024 was BDT3 Mil. Hamid Fabrics's Pre-Tax Income for the three months ended in Sep. 2024 was BDT-93 Mil. Therefore, Hamid Fabrics's Tax Rate % for the quarter that ended in Sep. 2024 was -3.28%.

Hamid Fabrics Tax Rate % Related Terms

Hamid Fabrics Tax Rate % Historical Data

* Premium members only.

The historical data trend for Hamid Fabrics'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.

Hamid Fabrics Tax Rate % Chart

Hamid Fabrics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.63 44.29 -19.92 32.94 76.71

Hamid Fabrics Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 175.63 19.68 -35.59 5.81 -3.28
DHA:HFL
10GF Score
Hamid Fabrics PLC DHA:HFL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hamid Fabrics Tax Rate % Calculation

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

Hamid Fabrics's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=56.116/73.157
=76.71 %

Hamid Fabrics's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=3.067/-93.499
=-3.28 %

* 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 -3.28% mean?
Hamid Fabrics (DHA:HFL) has a Tax Rate % of -3.28% as of Sep. 2024.
Is Hamid Fabrics' Tax Rate % too high?
Hamid Fabrics' current Tax Rate % is -3.28%. Overall, Hamid Fabrics has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Hamid Fabrics' Tax Rate % compare to competitors?
Hamid Fabrics' Tax Rate % of -3.28% can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Tax Rate % depends on the Manufacturing - Apparel & Accessories 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. Hamid Fabrics's current Tax Rate % is -3.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamid Fabrics stock overvalued right now?
Hamid Fabrics (DHA:HFL) has a current Tax Rate % of -3.28%. The current Tax Rate % is -3.28%. Hamid Fabrics' 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 Hamid Fabrics (DHA:HFL), the current Tax Rate % is -3.28% as of Sep. 2024. 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.

Hamid Fabrics Business Description

Address 24, Gulshan C/A, Circle-2, Hamid Tower (7th Floor), Dhaka, BGD, 1212
Hamid Fabrics PLC is a manufacturer of solid-dye fabric for the readymade garment industry. The company's product range includes cotton fabrics as well as blended fabrics such as cotton/polyester, cotton/viscose, nylon/cotton and cotton/lycra. The weaving unit produces grey fabrics in various designs and constructions such as Twill, Canvas, Oxford, Rib stop, Rib cord, Ottoman, Herringbone, and various dobby designs of different weight ranges. The finishing mix of Hamid Fabrics Limited comprises water repellent, fireproof, wrinkle-free, Teflon coating, aero finish and chintz finish. The company caters to the markets in the United States of American and the European Union.
10GF Score

Get the complete analysis for DHA:HFL

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

BDT16.00
Price