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SMTLF (GCL New Energy Holdings) Tax Rate % : -1.80% (As of Jun. 2024)


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What is GCL New Energy Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GCL New Energy Holdings's Tax Expense for the six months ended in Jun. 2024 was $0.2 Mil. GCL New Energy Holdings's Pre-Tax Income for the six months ended in Jun. 2024 was $-10.1 Mil. Therefore, GCL New Energy Holdings's Tax Rate % for the quarter that ended in Jun. 2024 was -1.80%.


GCL New Energy Holdings Tax Rate % Historical Data

The historical data trend for GCL New Energy Holdings'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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GCL New Energy Holdings Tax Rate % Chart

GCL New Energy Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.73 -9.14 -1.49 -1.60 -1.91

GCL New Energy Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.36 -8.77 -0.69 -1.80 -1.97

GCL New Energy Holdings Tax Rate % Calculation

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

GCL New Energy Holdings'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 )
=2.122/-132.89
=-1.60 %

GCL New Energy Holdings'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 )
=0.181/-10.068
=-1.80 %

* 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.


GCL New Energy Holdings Tax Rate % Related Terms

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GCL New Energy Holdings Business Description

Traded in Other Exchanges
Address
28 Xinqing Road, Industrial Park, GCL New Energy Center, Suzhou, CHN
GCL New Energy Holdings Ltd is an investment holding company that engages in the sale of electricity, development, construction, operation, and management of solar power plants and the sale of liquefied natural gas. The company generates nearly all of its revenue from China.

GCL New Energy Holdings Headlines

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