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IZM (ICZOOM Group) Tax Rate % : -20.06% (As of Jun. 2024)


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What is ICZOOM Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ICZOOM Group's Tax Expense for the six months ended in Jun. 2024 was $0.3 Mil. ICZOOM Group's Pre-Tax Income for the six months ended in Jun. 2024 was $-1.3 Mil. Therefore, ICZOOM Group's Tax Rate % for the quarter that ended in Jun. 2024 was -20.06%.

ICZOOM Group Tax Rate % Historical Data

The historical data trend for ICZOOM Group'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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ICZOOM Group Tax Rate % Chart

ICZOOM Group Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial 54.81 28.87 -18.59 -13.19 2.82

ICZOOM Group Semi-Annual Data
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 -57.33 0.11 -24.52 31.04 -20.06

ICZOOM Group Tax Rate % Calculation

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

ICZOOM Group's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=-0.066/-2.338
=2.82 %

ICZOOM Group'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 )
=0.259/-1.291
=-20.06 %

* 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.

ICZOOM Group Tax Rate % Related Terms

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ICZOOM Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ICZOOM Group Inc (NAS:IZM) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
No. 7018 Cai Tian Road, Room 3801, Building A, Sunhope e·METRO, Futian District, Guangdong, Shenzhen, CHN, 518000
Website
http://www.iczoomex.com
ICZOOM Group Inc is engaged in the sale of electronic component products to customers in China. These products are used by small and medium-sized enterprises (SMEs) in the consumer electronic industry, Internet of Things (IoT), automotive electronics, and industrial control segment. In addition to the sales of electronic component products, also provides services to customers such as temporary warehousing, logistic and shipping, and customs clearance and charges them additional service commission fees. The company earns maximum revenue from sale of electronic components.