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Adagene (FRA:978) Tax Rate % : 4.02% (As of Dec. 2023)


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What is Adagene Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Adagene's Tax Expense for the six months ended in Dec. 2023 was €-0.57 Mil. Adagene's Pre-Tax Income for the six months ended in Dec. 2023 was €-14.18 Mil. Therefore, Adagene's Tax Rate % for the quarter that ended in Dec. 2023 was 4.02%.

Adagene Tax Rate % Historical Data

The historical data trend for Adagene'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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Adagene Tax Rate % Chart

Adagene Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial - - -2.38 -0.58 -9.80

Adagene Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.96 -1.19 0.31 -128.77 4.02

Adagene Tax Rate % Calculation

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

Adagene'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 )
=1.551/-15.823
=-9.80 %

Adagene'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 )
=-0.57/-14.176
=4.02 %

* 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.

Adagene Tax Rate % Related Terms

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Adagene (FRA:978) Business Description

Industry
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Traded in Other Exchanges
ADAG:USA 978:Germany
Address
Xinghu Street, Suzhou Industrial Park, 4th Floor, Building C14, No. 218, Jiangsu Province, Suzhou, CHN, 215123
Website
https://www.adagene.com
Adagene Inc platform-driven, clinical-stage biopharmaceutical company engaged in transforming the discovery and development of novel antibody-based cancer immunotherapies. The company's platform is designed to generate therapeutic antibody candidates with functional epitopes and species cross-reactivity as highlighted by the company's immunotherapy pipeline.

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