Sino Grandness Food Industry Group (FRA:JSO1) Tax Rate %: 0.00% (As of Dec. 2023)

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What is Sino Grandness Food Industry Group Tax Rate %?

Sino Grandness Food Industry Group FRA:JSO1 Tax Rate % is 0.00% as of Dec. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sino Grandness Food Industry Group's Tax Expense for the three months ended in Dec. 2023 was €0.0 Mil. Sino Grandness Food Industry Group's Pre-Tax Income for the three months ended in Dec. 2023 was €0.0 Mil. Therefore, Sino Grandness Food Industry Group's Tax Rate % for the quarter that ended in Dec. 2023 was 0.00%.

Sino Grandness Food Industry Group Tax Rate % Related Terms

Sino Grandness Food Industry Group Tax Rate % Historical Data

* Premium members only.

The historical data trend for Sino Grandness Food Industry 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.

Sino Grandness Food Industry Group Tax Rate % Chart

Sino Grandness Food Industry Group 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 43.56 7.42 23.73 82.05 49.12

Sino Grandness Food Industry Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Dec23
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 -363.10 53.45 99.93 23.62 0.00

Sino Grandness Food Industry Group Tax Rate % Calculation

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

Sino Grandness Food Industry 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 )
=9.831/20.013
=49.12 %

Sino Grandness Food Industry Group'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 )
=0/0
= %

* 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 0.00% mean?
Sino Grandness Food Industry Group (FRA:JSO1) has a Tax Rate % of 0.00% as of Dec. 2023.
Is Sino Grandness Food Industry Group's Tax Rate % too high?
Sino Grandness Food Industry Group's current Tax Rate % is 0.00%.
How does Sino Grandness Food Industry Group's Tax Rate % compare to KHC and GIS?
Sino Grandness Food Industry Group's Tax Rate % of 0.00% can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Tax Rate % depends on the Consumer Packaged Goods 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. Sino Grandness Food Industry Group's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Grandness Food Industry Group stock overvalued right now?
Sino Grandness Food Industry Group (FRA:JSO1) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. 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 Sino Grandness Food Industry Group (FRA:JSO1), the current Tax Rate % is 0.00% as of Dec. 2023. 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.

Sino Grandness Food Industry Group Business Description

Address No. 1 Gaoxin South 7th Road, Unit 2302, Yuemeite Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518063
Sino Grandness Food Industry Group Ltd is an investment holding company. Its operating segments include the Grandness segment includes the Manufacturing and sale of canned vegetables and canned fruits and the Garden Fresh segment includes sales of fruit juices and Fruit beverages. It generates maximum revenue from the Garden Fresh segment of Fruit beverages. Geographically, it derives a majority of its revenue from the People's Republic of China and also has a presence in Europe, North America, South America, and Other Countries. Some of its products include mandarin orange, litchi, pear, pineapple, yellow peach, Loquat juice, and others.