Honghua Group (FRA:4HB) Tax Rate % : 120.94% (As of Jun. 2024)

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What is Honghua Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Honghua Group's Tax Expense for the six months ended in Jun. 2024 was €1.9 Mil. Honghua Group's Pre-Tax Income for the six months ended in Jun. 2024 was €1.6 Mil. Therefore, Honghua Group's Tax Rate % for the quarter that ended in Jun. 2024 was 120.94%.

Honghua Group Tax Rate % Historical Data

The historical data trend for Honghua Group'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.

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Honghua Group Tax Rate % Chart

Honghua Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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30.14

1.52

-0.05

-2.01

88.09

Honghua Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Tax Rate %	Get a 7-Day Free Trial															-24.79	-0.58	-2.99	120.94	73.10

Honghua Group Tax Rate % Calculation

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

Honghua Group'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 )
	=	1.061	/	-52.785
	=	-2.01 %

Honghua Group'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 )
	=	1.935	/	1.6
	=	120.94 %

Honghua Group Tax Rate % Related Terms

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Honghua Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Honghua Group Ltd (FRA:4HB) » Definitions » Tax Rate %

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Traded in Other Exchanges

00196:Hong Kong

Address

99 East Road, Information Park, Jinniu District, Sichuan, Chengdu, CHN, 610036

Website

http://www.hh-gltd.com

Honghua Group Ltd is engaged in manufacturing drilling rigs, oil and gas exploitation equipment, providing drilling services and fracturing. It manufactures conventional land drilling rigs, digital drilling rigs, accessories for drilling rigs, as well as the parts and components for the drilling rigs or the maintenance of the drilling rigs in operation. Its segments include Land drilling rigs; Parts and components and others; Drilling engineering services; and Fracturing. It derives a majority of revenue from Parts and components and others segment. Geographically it operates in the PRC, Americas, Middle East, Europe and Central Asia, South Asia and South East and Africa, of which prime revenue is derived from the PRC.

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