Neway Group Holdings (HKSE:00055) Tax Rate % : 16.76% (As of Jun. 2023)

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What is Neway Group Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Neway Group Holdings's Tax Expense for the six months ended in Jun. 2023 was HK$-11.5 Mil. Neway Group Holdings's Pre-Tax Income for the six months ended in Jun. 2023 was HK$-68.9 Mil. Therefore, Neway Group Holdings's Tax Rate % for the quarter that ended in Jun. 2023 was 16.76%.

Neway Group Holdings Tax Rate % Historical Data

The historical data trend for Neway Group 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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Neway Group Holdings Tax Rate % Chart

Neway Group Holdings Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-27.97

1.27

5.26

52.46

-9.84

Neway Group Holdings Semi-Annual Data
	Mar14	Sep14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															15.05	6.85	11.86	16.76	-324.57

Neway Group Holdings Tax Rate % Calculation

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

Neway Group Holdings's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	-2.65	/	-5.051
	=	52.46 %

Neway Group Holdings's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	-11.548	/	-68.893
	=	16.76 %

Neway Group Holdings Tax Rate % Related Terms

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Neway Group Holdings (HKSE:00055) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Neway Group Holdings Ltd (HKSE:00055) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

193 Prince Edward Road West, Units Nos 1103 and 1105-1111, Level 11, Tower 2, Grand Century Place, Mongkok, Kowloon, Hong Kong, HKG

Website

https://www.newaygroup.com.hk

Neway Group Holdings Ltd is engaged in the businesses of Lending; Manufacturing and sales; Music and entertainment; Property development; Property investment; Securities trading; and Trading of printing and other products. It derives key revenue from the Manufacturing and sales business which involves the business of manufacturing and sales of printing products, such as packaging boxes, labels, paper products and paper shopping bags, with a customer base; and the manufacturing and sales of surgical masks, with a Hong Kong customer base. The group has a business presence in Hong Kong, the PRC, Europe, the United States and other countries.

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