SP New Energy (PHS:SPNEC) Tax Rate %: -0.45% (As of Sep. 2024)


PHS:SPNEC SP New Energy Corp PHS:SPNEC
33 GF Score
Price ₱1.38
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What is SP New Energy Tax Rate %?

SP New Energy PHS:SPNEC +2.22% 33 Tax Rate % is -0.45% as of Sep. 2024. GuruFocus rates PHS:SPNEC with a GF Score™ of 33/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SP New Energy's Tax Expense for the three months ended in Sep. 2024 was ₱1 Mil. SP New Energy's Pre-Tax Income for the three months ended in Sep. 2024 was ₱-142 Mil. Therefore, SP New Energy's Tax Rate % for the quarter that ended in Sep. 2024 was -0.45%.

SP New Energy Tax Rate % Related Terms

SP New Energy Tax Rate % Historical Data

* Premium members only.

The historical data trend for SP New Energy'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.

SP New Energy Tax Rate % Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
Tax Rate %
Get a 7-Day Free Trial 0.00 0.00 0.00 15.80 0.40

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.40 0.00 13.31 -0.45
PHS:SPNEC
33GF Score
SP New Energy Corp PHS:SPNEC
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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SP New Energy Tax Rate % Calculation

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

SP New Energy'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 )
=23.95/5971.531
=0.40 %

SP New Energy'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 )
=0.641/-142.467
=-0.45 %

* 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 -0.45% mean?
SP New Energy (PHS:SPNEC) has a Tax Rate % of -0.45% as of Sep. 2024.
Is SP New Energy's Tax Rate % too high?
SP New Energy's current Tax Rate % is -0.45%. Overall, SP New Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SP New Energy's Tax Rate % compare to CEG?
SP New Energy's Tax Rate % of -0.45% can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Tax Rate % depends on the Utilities - Independent Power Producers 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. SP New Energy's current Tax Rate % is -0.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP New Energy stock overvalued right now?
SP New Energy (PHS:SPNEC) has a current Tax Rate % of -0.45%. The current Tax Rate % is -0.45%. SP New Energy's overall GF Score™ is 33/100. 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 SP New Energy (PHS:SPNEC), the current Tax Rate % is -0.45% as of Sep. 2024. 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.

SP New Energy Business Description

Address Ortigas Avenue, Rockwell Business Center, Barangay Ugong, Second District, National Capital Region, Pasig, PHL, 1604
SP New Energy Corp mainly to engage in the construction, operation and maintenance of all types of renewable energy plants and related services. The Group has only one geographical segment Philippines.
33GF Score

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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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