Puxin (NEWYY) Tax Rate % : 0.45% (As of Jun. 2021)

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What is Puxin Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Puxin's Tax Expense for the three months ended in Jun. 2021 was $-1.0 Mil. Puxin's Pre-Tax Income for the three months ended in Jun. 2021 was $-215.4 Mil. Therefore, Puxin's Tax Rate % for the quarter that ended in Jun. 2021 was 0.45%.

Puxin Tax Rate % Historical Data

The historical data trend for Puxin'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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Puxin Tax Rate % Chart

Puxin Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Tax Rate %

-0.30

-0.62

-0.64

-2.40

-33.48

Puxin Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Tax Rate %	Get a 7-Day Free Trial														-3.22	0.21	-15.67	1.01	0.45

Puxin Tax Rate % Calculation

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

Puxin'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 )
	=	1.406	/	-4.2
	=	-33.48 %

Puxin'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 )
	=	-0.959	/	-215.428
	=	0.45 %

Puxin Tax Rate % Related Terms

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Puxin (NEWYY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Puxin Ltd (OTCPK:NEWYY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 Suzhou Street, Haidian District, 5th Floor, Building 4, Dingjun Building, Beijing, CHN, 100080

Website

https://www.pxjy.com

Puxin Ltd provides education services. The company's segments consist of K-12 tutoring services and Study abroad tutoring services. Its K-12 tutoring services provide result-oriented educational services in group class settings and through personalized tutoring sessions as well as study plan tailored to fit a student's aptitude, grade level, past academic performance, future academic goals, and other pertinent factors. Study abroad tutoring services are designed to help students prepare for admission tests and applications for high schools, universities and graduate programs primarily in English-speaking countries. It generates a majority of its revenue from the K-12 tutoring services segment. Geographically, it operates in PRC.