Modern Innovative Digital Technology Company (HKSE:02322) Tax Rate % : -1.90% (As of Sep. 2024)

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What is Modern Innovative Digital Technology Company Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Modern Innovative Digital Technology Company's Tax Expense for the six months ended in Sep. 2024 was HK$0.57 Mil. Modern Innovative Digital Technology Company's Pre-Tax Income for the six months ended in Sep. 2024 was HK$-30.10 Mil. Therefore, Modern Innovative Digital Technology Company's Tax Rate % for the quarter that ended in Sep. 2024 was -1.90%.

Modern Innovative Digital Technology Company Tax Rate % Historical Data

The historical data trend for Modern Innovative Digital Technology Company'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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Modern Innovative Digital Technology Company Tax Rate % Chart

Modern Innovative Digital Technology Company Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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-126.49

3.93

-2.91

6.83

4.58

Modern Innovative Digital Technology Company 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															6.35	7.11	-47.04	2.96	-1.90

Modern Innovative Digital Technology Company Tax Rate % Calculation

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

Modern Innovative Digital Technology Company'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 )
	=	-4.204	/	-91.767
	=	4.58 %

Modern Innovative Digital Technology Company'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 )
	=	0.573	/	-30.104
	=	-1.90 %

Modern Innovative Digital Technology Company Tax Rate % Related Terms

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Modern Innovative Digital Technology Company Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Modern Innovative Digital Technology Company Ltd (HKSE:02322) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Suite 2202, 22nd Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

http://www.midt.hk

Modern Innovative Digital Technology Company Ltd formerly, Hong Kong ChaoShang Group Ltd is an investment holding company. It is engaged in Trading, Money lending & factoring segment, Finance leasing, and Finance Services. The trading segment is a key revenue driver, involved in the trading of goods in the PRC and Hong Kong. Money lending includes the provision of loan and factoring financing in Hong Kong and the PRC whereas, the finance leasing segment is engaged in the provision of finance leasing and sale-leaseback in the PRC. The financial services segment engaged in the provision of securities dealing broking, placing, underwriting, margin financing, and asset management services in Hong Kong. Geographically, it generates the majority of its revenue from the PRC.

Executives

Lau Hoi Kit	2101 Beneficial owner
Superb Smart Limited	2101 Beneficial owner
Zheng Juhua	2201 Interest of corporation controlled by you

Modern Innovative Digital Technology Company Headlines

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