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K Cash (HKSE:02483) Tax Rate % : 16.90% (As of Jun. 2024)


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What is K Cash Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. K Cash's Tax Expense for the six months ended in Jun. 2024 was HK$7.0 Mil. K Cash's Pre-Tax Income for the six months ended in Jun. 2024 was HK$41.3 Mil. Therefore, K Cash's Tax Rate % for the quarter that ended in Jun. 2024 was 16.90%.

K Cash Tax Rate % Historical Data

The historical data trend for K Cash'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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K Cash Tax Rate % Chart

K Cash Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
13.74 16.49 17.15 22.74 13.88

K Cash Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Tax Rate % Get a 7-Day Free Trial - 23.90 21.49 16.90 10.06

K Cash Tax Rate % Calculation

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

K Cash'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 )
=15.174/66.74
=22.74 %

K Cash'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 )
=6.978/41.285
=16.90 %

* 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.

K Cash Tax Rate % Related Terms

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K Cash Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » K Cash Corp Ltd (HKSE:02483) » Definitions » Tax Rate %
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HKSE:03903 HKSE:01601 HKSE:01543 HKSE:01577 HKSE:00628 HKSE:00717 HKSE:00668 HKSE:00730 HKSE:02003 HKSE:02051 V MA AXP COF PYPL BOM:500034 DFS SYF BOM:543257 SOFI
Traded in Other Exchanges
N/A
Address
20 Pedder Street, 17/F, Wheelock House, Central, Hong Kong, HKG
Website
https://www.kcash.hk
K Cash Corp Ltd is engaged in the money lending business of providing secured and unsecured loan financings to both individuals and corporations in Hong Kong. It provides unsecured loan financing to HOS Property Owners, SMEs, and individuals.
Executives
East Asia International Trustees Limited 2301 Trustee
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Konew Group Limited 2201 Interest of corporation controlled by you
Lee Edwin Kan Hing 2201 Interest of corporation controlled by you
Lee Kun Tai Steven 2201 Interest of corporation controlled by you
Lee Pik Tsong 2201 Interest of corporation controlled by you
Lee Sheung Shing 2201 Interest of corporation controlled by you
Sw Lee Limited 2201 Interest of corporation controlled by you
World Wealth Investment Development Limited 2201 Interest of corporation controlled by you

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