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Shengfeng Development (Shengfeng Development) Tax Rate % : 19.15% (As of Dec. 2023)


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What is Shengfeng Development Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shengfeng Development's Tax Expense for the six months ended in Dec. 2023 was $0.9 Mil. Shengfeng Development's Pre-Tax Income for the six months ended in Dec. 2023 was $4.8 Mil. Therefore, Shengfeng Development's Tax Rate % for the quarter that ended in Dec. 2023 was 19.15%.

Shengfeng Development Tax Rate % Historical Data

The historical data trend for Shengfeng Development'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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Shengfeng Development Tax Rate % Chart

Shengfeng Development Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
20.62 18.59 16.97 18.37

Shengfeng Development Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial 22.61 13.13 18.61 17.90 19.15

Shengfeng Development Tax Rate % Calculation

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

Shengfeng Development'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 )
=2.32/12.628
=18.37 %

Shengfeng Development's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=0.911/4.756
=19.15 %

* 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.

Shengfeng Development Tax Rate % Related Terms

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Shengfeng Development (Shengfeng Development) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shengfeng Development Ltd (NAS:SFWL) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
No. 478 Fuxin East Road, Shengfeng Building, Jinan District,, Fuzhou City, CHN, 350001
Website
http://www.sfwl.com.cn
Shengfeng Development Ltd is a holding company. The firm through its subsidiaries engages in cargo warehousing, road transportation, and urban distribution. It offers contract logistics services comprising planning and designing supply chains, designing facilities, processing orders, collecting payments, managing inventories, and providing client services. Its integrated logistics solution services are comprised of three segments: B2B freight transportation; cloud storage; and value-added services.

Shengfeng Development (Shengfeng Development) Headlines

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