MKDTY (Molecular Data) Tax Rate %: 0.00% (As of Jun. 2021)

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What is Molecular Data Tax Rate %?

Molecular Data MKDTY -99.00% Tax Rate % is 0.00% as of Jun. 2021.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Molecular Data's Tax Expense for the three months ended in Jun. 2021 was $0 Mil. Molecular Data's Pre-Tax Income for the three months ended in Jun. 2021 was $0 Mil. Therefore, Molecular Data's Tax Rate % for the quarter that ended in Jun. 2021 was 0.00%.

Molecular Data Tax Rate % Related Terms

Molecular Data Tax Rate % Historical Data

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The historical data trend for Molecular Data'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.

Molecular Data Tax Rate % Chart

Molecular Data Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Tax Rate %
0.00 0.00 0.00 -0.24 -0.76

Molecular Data Quarterly Data
Dec17 Dec18 Sep19 Dec19 Jun20 Dec20 Jun21 Sep21
Tax Rate % Get a 7-Day Free Trial -0.77 0.00 0.00 0.00 0.00

Molecular Data Tax Rate % Calculation

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

Molecular Data's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2020 )/Pre-Tax Income (A: Dec. 2020 )
=0.376/-49.788
=-0.76 %

Molecular Data's Tax Rate % for the quarter that ended in Jun. 2021 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2021 )/Pre-Tax Income (Q: Jun. 2021 )
=0/0
= %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
Molecular Data (MKDTY) has a Tax Rate % of 0.00% as of Jun. 2021.
Is Molecular Data's Tax Rate % too high?
Molecular Data's current Tax Rate % is 0.00%.
How does Molecular Data's Tax Rate % compare to BLGO and DOW?
Molecular Data's Tax Rate % of 0.00% can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Chemicals company?
A good Tax Rate % depends on the Chemicals industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Molecular Data's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Molecular Data stock overvalued right now?
Molecular Data (MKDTY) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Molecular Data (MKDTY), the current Tax Rate % is 0.00% as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Molecular Data Business Description

Address 2177 Shenkun Road, 11th Floor, Building 15, Minhang District, Shanghai, CHN, 201106
Molecular Data Inc is a chemical e-commerce platform in China. It provides SaaS-powered and data-driven integrated service platform for chemical e-commerce. The company offers e-commerce solutions, financial solutions, and warehousing and logistics solutions through its platform. The company generates all its revenues through Chemical trading from China. It sells chemical products to customers through an online platform or sales representatives.