Hingtex Holdings (HKSE:01968) Tax Rate % : -0.27% (As of Jun. 2024)

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What is Hingtex Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hingtex Holdings's Tax Expense for the six months ended in Jun. 2024 was HK$0.0 Mil. Hingtex Holdings's Pre-Tax Income for the six months ended in Jun. 2024 was HK$-17.1 Mil. Therefore, Hingtex Holdings's Tax Rate % for the quarter that ended in Jun. 2024 was -0.27%.

Hingtex Holdings Tax Rate % Historical Data

The historical data trend for Hingtex 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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Hingtex Holdings Tax Rate % Chart

Hingtex Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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3.80

0.85

9.27

12.64

3.85

Hingtex Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Tax Rate %	Get a 7-Day Free Trial													6.51	14.95	10.04	-0.27	7.51

Hingtex Holdings Tax Rate % Calculation

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

Hingtex 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 )
	=	-5.468	/	-43.268
	=	12.64 %

Hingtex 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 )
	=	0.047	/	-17.097
	=	-0.27 %

Hingtex Holdings Tax Rate % Related Terms

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Hingtex Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hingtex Holdings Ltd (HKSE:01968) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

Gaoping Industrial Area, Guangdong Province, Zhongshan, CHN

Website

https://www.hwtextiles.com.hk

Hingtex Holdings Ltd manufactures and sells denim fabric. It sells denim fabrics and yarns directly to customers, which mainly include garment manufacturers. The company's denim fabrics are categorized into three types, namely non-stretchable denim fabrics, stretchable cotton denim fabrics, and stretchable blended denim fabrics. Geographically, it has a world-wide business presence and derives key revenue from the PRC and Hong Kong.

Executives

Manford Investment Holdings Limited	2101 Beneficial owner
Fung Cheong Chi	2202 Interest of your spouse
Lau Chung Chau	2201 Interest of corporation controlled by you
Li Chi Hiu Lawrence	2202 Interest of your spouse
Li Ka Mei	2202 Interest of your spouse
Tung Cheuk Ming Stanley	2201 Interest of corporation controlled by you
Tung Tsun Hong	2201 Interest of corporation controlled by you
Tung Wai Lai Mabel	2201 Interest of corporation controlled by you
Tung Wai Ting Stephen	2201 Interest of corporation controlled by you
Tung Wei Ling Barbara	2201 Interest of corporation controlled by you

Hingtex Holdings Headlines

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