GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Veson Holdings Ltd (HKSE:01399) » Definitions » Tax Rate %

Veson Holdings (HKSE:01399) Tax Rate % : 36.19% (As of Jun. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Veson Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Veson Holdings's Tax Expense for the six months ended in Jun. 2024 was HK$3 Mil. Veson Holdings's Pre-Tax Income for the six months ended in Jun. 2024 was HK$9 Mil. Therefore, Veson Holdings's Tax Rate % for the quarter that ended in Jun. 2024 was 36.19%.


Veson Holdings Tax Rate % Historical Data

The historical data trend for Veson 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.

Veson Holdings Tax Rate % Chart

Veson 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 13.39 -44.06 40.21 25.41 -30.22

Veson 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 39.58 -20.92 -22.36 -26.02 36.19

Veson Holdings Tax Rate % Calculation

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

Veson 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 )
=-3.608/11.939
=-30.22 %

Veson 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 )
=3.393/9.375
=36.19 %

* 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.


Veson Holdings Tax Rate % Related Terms

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


Veson Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 98 Jiangbin Avenue East, Fuzhou Pilot Free Trade Zone, Scud Industrial Park, Fujian Province, Mawei District, Fuzhou, CHN
Veson Holdings Ltd is engaged in the business of original design manufacturing (ODM business) as well as the bare battery cells business. The segments of the company are ODM Business and Bare battery cell business. The company generates maximum revenue from the ODM business segment which involves the manufacture and supply of lithium-ion battery modules, power banks, motive battery and related accessories for branded mobile phone and tablets and EV manufacturers within and outside China. Geographically, the company operates in the PRC.
Executives
Fang Jin 2201 Interest of corporation controlled by you
Right Grand Holdings Limited 2101 Beneficial owner
Swift Joy Holdings Limited 2101 Beneficial owner

Veson Holdings Headlines

No Headlines