Grand Ming Group Holdings (HKSE:01271) Tax Rate % : 22.35% (As of Sep. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Grand Ming Group Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Grand Ming Group Holdings's Tax Expense for the six months ended in Sep. 2024 was HK$15 Mil. Grand Ming Group Holdings's Pre-Tax Income for the six months ended in Sep. 2024 was HK$68 Mil. Therefore, Grand Ming Group Holdings's Tax Rate % for the quarter that ended in Sep. 2024 was 22.35%.

Grand Ming Group Holdings Tax Rate % Historical Data

The historical data trend for Grand Ming 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.

* Premium members only.

Grand Ming Group Holdings Tax Rate % Chart

Grand Ming Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

Get a 7-Day Free Trial

21.82

20.69

34.36

16.59

4.69

Grand Ming Group Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Tax Rate %	Get a 7-Day Free Trial															17.42	24.55	0.56	6.98	22.35

Grand Ming Group Holdings Tax Rate % Calculation

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

Grand Ming Group Holdings's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	14.681	/	313.131
	=	4.69 %

Grand Ming Group Holdings's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	15.142	/	67.742
	=	22.35 %

Grand Ming Group Holdings Tax Rate % Related Terms

Thank you for viewing the detailed overview of Grand Ming Group Holdings's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Grand Ming Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grand Ming Group Holdings Ltd (HKSE:01271) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 39 Chatham Road South, 22nd Floor, Railway Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.grandming.com.hk

Grand Ming Group Holdings Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in building construction, property leasing, and property development. Its reportable segments are; Construction, which involves constructing residential buildings, commercial buildings, and data centres; Property leasing which engages in the leasing of data centres and commercial shops; and the Property development segment which is involved in the development and sale of properties. Maximum revenue is generated from the Construction segment. Geographically, all of the company's revenue is generated from its customers in Hong Kong.

Executives

Lau Cw Company Limited	2101 Beneficial owner
Lau Chi Wah	2101 Beneficial owner
Cheung Shuk Fong	2202 Interest of your spouse
Xu Chujia	2201 Interest of corporation controlled by you
Banco Well Link, S.a.	2106 Person having a security interest in shares
Well Link Holdings Limited	2201 Interest of corporation controlled by you
Chan Hm Company Limited	2101 Beneficial owner
Chan Hung Ming	2201 Interest of corporation controlled by you

Grand Ming Group Holdings Headlines

No Headlines