China Specialty Glass AG (FRA:8GS) Tax Rate %: 13.07% (As of Jun. 2014)

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What is China Specialty Glass AG Tax Rate %?

China Specialty Glass AG FRA:8GS Tax Rate % is 13.07% as of Jun. 2014.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. China Specialty Glass AG's Tax Expense for the three months ended in Jun. 2014 was €1.2 Mil. China Specialty Glass AG's Pre-Tax Income for the three months ended in Jun. 2014 was €9.2 Mil. Therefore, China Specialty Glass AG's Tax Rate % for the quarter that ended in Jun. 2014 was 13.07%.

China Specialty Glass AG Tax Rate % Related Terms

China Specialty Glass AG Tax Rate % Historical Data

* Premium members only.

The historical data trend for China Specialty Glass AG'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.

China Specialty Glass AG Tax Rate % Chart

China Specialty Glass AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Tax Rate %
0.00 14.35 30.24 19.30

China Specialty Glass AG Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 15.95 17.46 7.30 13.18 13.07

China Specialty Glass AG Tax Rate % Calculation

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

China Specialty Glass AG's Tax Rate % for the fiscal year that ended in Dec. 2013 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2013 )/Pre-Tax Income (A: Dec. 2013 )
=6.423/33.277
=19.30 %

China Specialty Glass AG's Tax Rate % for the quarter that ended in Jun. 2014 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2014 )/Pre-Tax Income (Q: Jun. 2014 )
=1.206/9.224
=13.07 %

* 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 13.07% mean?
China Specialty Glass AG (FRA:8GS) has a Tax Rate % of 13.07% as of Jun. 2014.
Is China Specialty Glass AG's Tax Rate % too high?
China Specialty Glass AG's current Tax Rate % is 13.07%.
How does China Specialty Glass AG's Tax Rate % compare to DTII and VCON?
China Specialty Glass AG's Tax Rate % of 13.07% can be compared against companies in the Business 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 Business Services company?
A good Tax Rate % depends on the Business 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. China Specialty Glass AG's current Tax Rate % is 13.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Specialty Glass AG stock overvalued right now?
China Specialty Glass AG (FRA:8GS) has a current Tax Rate % of 13.07%. The current Tax Rate % is 13.07%. 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 China Specialty Glass AG (FRA:8GS), the current Tax Rate % is 13.07% as of Jun. 2014. 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.

China Specialty Glass AG Business Description

Address An den Romerhuegeln 1, Grunwald, DEU, 82031
China Specialty Glass AG is a glass manufacturer in China. It develops, produces and sells specialty glass under its Hing Wah brand. It operates into three business segments namely automotive security glass; bank security glass and construction glass.