Hitek Global (FRA:4JX) Tax Rate % : 34.23% (As of Dec. 2023)

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What is Hitek Global Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hitek Global's Tax Expense for the six months ended in Dec. 2023 was €0.20 Mil. Hitek Global's Pre-Tax Income for the six months ended in Dec. 2023 was €0.59 Mil. Therefore, Hitek Global's Tax Rate % for the quarter that ended in Dec. 2023 was 34.23%.

Hitek Global Tax Rate % Historical Data

The historical data trend for Hitek Global'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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Hitek Global Tax Rate % Chart

Hitek Global Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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14.37

13.74

24.57

24.26

34.31

Hitek Global Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial							24.31	27.92	20.91	34.40	34.23

Hitek Global Tax Rate % Calculation

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

Hitek Global'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 )
	=	0.502	/	1.463
	=	34.31 %

Hitek Global's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	0.203	/	0.593
	=	34.23 %

Hitek Global Tax Rate % Related Terms

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Hitek Global (FRA:4JX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hitek Global Inc (FRA:4JX) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

HKIT:USA 4JX:Germany

Address

No. 30 Guanri Road, Siming District, Unit 304, Fujian Province, Phase II, Software Park, Xiamen, CHN

Website

http://www.xmhitek.com

Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.

Hitek Global (FRA:4JX) Headlines

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