HENGY (Hengdeli Holdings) Tax Rate % : 92.49% (As of Jun. 2024)

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What is Hengdeli Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hengdeli Holdings's Tax Expense for the six months ended in Jun. 2024 was $0.8 Mil. Hengdeli Holdings's Pre-Tax Income for the six months ended in Jun. 2024 was $0.9 Mil. Therefore, Hengdeli Holdings's Tax Rate % for the quarter that ended in Jun. 2024 was 92.49%.

Hengdeli Holdings Tax Rate % Historical Data

The historical data trend for Hengdeli 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.

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Hengdeli Holdings Tax Rate % Chart

Hengdeli Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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3.84

-9.13

0.79

-9.37

-5.89

Hengdeli 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															14.41	-2.59	-22.68	-8.87	92.49

Hengdeli Holdings Tax Rate % Calculation

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

Hengdeli 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 )
	=	-0.274	/	4.655
	=	-5.89 %

Hengdeli 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 )
	=	0.838	/	0.906
	=	92.49 %

Hengdeli Holdings Tax Rate % Related Terms

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Hengdeli Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hengdeli Holdings Ltd (OTCPK:HENGY) » Definitions » Tax Rate %

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03389:Hong Kong

Address

28 Canton Road, Room 301, 3rd Floor, Lippo Sun Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.hengdeligroup.com

Hengdeli Holdings Ltd is predominantly focused on the manufacturing of high-end consuming accessories, the construction of high-end consuming service platforms, international commodity trading, and its related supply chain services. The operating segments of the company are; High-end consuming accessories which is engaged in the manufacturing of watch accessories, and shop design and decoration services business; and the Commodity trading segment which is engaged in the trading of iron ore and coal. Geographically, the company generates a majority of its revenue from Mainland China and the rest from Hong Kong.

Hengdeli Holdings Headlines

From GuruFocus

David Herro Comments on Hengdeli Holdings

By Holly LaFon Holly LaFon • 04-08-2014

Hengdeli narrowed its loss by 91.3% in 1H2023

By ACN Newswire • 08-27-2023