FLFVW (Feutune Light Acquisition) Tax Rate %: 110.16% (As of Mar. 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.

FLFVW Feutune Light Acquisition Corp FLFVW
22 GF Score
Price $0.02
! 2 Warning Signs
View Full Analysis

What is Feutune Light Acquisition Tax Rate %?

Feutune Light Acquisition FLFVW -43.61% 22 Tax Rate % is 110.16% as of Mar. 2024. GuruFocus rates FLFVW with a GF Score™ of 22/100. The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Feutune Light Acquisition's Tax Expense for the three months ended in Mar. 2024 was $0.21 Mil. Feutune Light Acquisition's Pre-Tax Income for the three months ended in Mar. 2024 was $0.19 Mil. Therefore, Feutune Light Acquisition's Tax Rate % for the quarter that ended in Mar. 2024 was 110.16%.

Feutune Light Acquisition Tax Rate % Related Terms

Feutune Light Acquisition Tax Rate % Historical Data

* Premium members only.

The historical data trend for Feutune Light Acquisition'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.

Feutune Light Acquisition Tax Rate % Chart

Feutune Light Acquisition Annual Data
Trend Dec22 Dec23
Tax Rate %
49.44 44.64

Feutune Light Acquisition Quarterly Data
Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only 34.44 36.70 84.87 70.07 110.16
FLFVW
22GF Score
Feutune Light Acquisition Corp FLFVW
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Feutune Light Acquisition Tax Rate % Calculation

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

Feutune Light Acquisition'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 )
=1.078/2.415
=44.64 %

Feutune Light Acquisition's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=0.206/0.187
=110.16 %

* 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 110.16% mean?
Feutune Light Acquisition (FLFVW) has a Tax Rate % of 110.16% as of Mar. 2024.
Is Feutune Light Acquisition's Tax Rate % too high?
Feutune Light Acquisition's current Tax Rate % is 110.16%. Overall, Feutune Light Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Feutune Light Acquisition's Tax Rate % compare to FRXB and BRD?
Feutune Light Acquisition's Tax Rate % of 110.16% can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Tax Rate % depends on the Diversified Financial Services 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. Feutune Light Acquisition's current Tax Rate % is 110.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feutune Light Acquisition stock overvalued right now?
Feutune Light Acquisition (FLFVW) has a current Tax Rate % of 110.16%. The current Tax Rate % is 110.16%. Feutune Light Acquisition's overall GF Score™ is 22/100 with 2 warning signs to review. 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 Feutune Light Acquisition (FLFVW), the current Tax Rate % is 110.16% as of Mar. 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.

Feutune Light Acquisition Business Description

Address 48 Bridge Street, Building A, Metuchen, NJ, USA, 08840
Feutune Light Acquisition Corp is a newly organized blank check company.
22GF Score

Get the complete analysis for FLFVW

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

$0.02
Price