Glorious Property Holdings (FRA:GI0A) Tax Rate %: -145.36% (As of Jun. 2024)

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FRA:GI0A Glorious Property Holdings Ltd FRA:GI0A
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What is Glorious Property Holdings Tax Rate %?

Glorious Property Holdings FRA:GI0A 4 Tax Rate % is -145.36% as of Jun. 2024. GuruFocus rates FRA:GI0A with a GF Score™ of 4/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Glorious Property Holdings's Tax Expense for the six months ended in Jun. 2024 was €46.8 Mil. Glorious Property Holdings's Pre-Tax Income for the six months ended in Jun. 2024 was €-32.2 Mil. Therefore, Glorious Property Holdings's Tax Rate % for the quarter that ended in Jun. 2024 was -145.36%.

Glorious Property Holdings Tax Rate % Related Terms

Glorious Property Holdings Tax Rate % Historical Data

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The historical data trend for Glorious Property Holdings'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.

Glorious Property Holdings Tax Rate % Chart

Glorious Property Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -73.20 89.19 -4.48 123.22 13.24

Glorious Property Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 69.91 -0.55 16.71 -145.36
FRA:GI0A
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Glorious Property Holdings Ltd FRA:GI0A
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Glorious Property Holdings Tax Rate % Calculation

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

Glorious Property Holdings'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 )
=-57.806/-436.562
=13.24 %

Glorious Property Holdings'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 )
=46.808/-32.202
=-145.36 %

* 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 -145.36% mean?
Glorious Property Holdings (FRA:GI0A) has a Tax Rate % of -145.36% as of Jun. 2024.
Is Glorious Property Holdings' Tax Rate % too high?
Glorious Property Holdings' current Tax Rate % is -145.36%. Overall, Glorious Property Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Glorious Property Holdings' Tax Rate % compare to competitors?
Glorious Property Holdings' Tax Rate % of -145.36% can be compared against companies in the Real Estate 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 Real Estate company?
A good Tax Rate % depends on the Real Estate 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. Glorious Property Holdings's current Tax Rate % is -145.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glorious Property Holdings stock overvalued right now?
Glorious Property Holdings (FRA:GI0A) has a current Tax Rate % of -145.36%. The current Tax Rate % is -145.36%. Glorious Property Holdings' overall GF Score™ is 4/100. 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 Glorious Property Holdings (FRA:GI0A), the current Tax Rate % is -145.36% as of Jun. 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.

Glorious Property Holdings Business Description

Address 50 Wing Tai Road, Room 807H, 8th Floor, Cornell Centre, Chai Wan, Hong Kong, HKG
Glorious Property Holdings Ltd is a national property developer in China. It focuses on the development and sales of large-scale properties in key economic areas such as the Shanghai region, Yangtze River Delta, Pan Bohai Rim, and Northeast China. The firm develops residential and commercial properties and is also involved in property management. Its reportable operating segments, namely Shanghai Region, Yangtze River Delta (excluding Shanghai), Pan Bohai Rim, and Northeast China. The Others segment represents corporate support functions. The company generates maximum revenue from the Shanghai region.
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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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