Hocheng (TPE:1810) Tax Rate % : -28.90% (As of Mar. 2024)

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What is Hocheng Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hocheng's Tax Expense for the three months ended in Mar. 2024 was NT$4 Mil. Hocheng's Pre-Tax Income for the three months ended in Mar. 2024 was NT$-13 Mil. Therefore, Hocheng's Tax Rate % for the quarter that ended in Mar. 2024 was -28.90%.

Hocheng Tax Rate % Historical Data

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

Hocheng Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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59.93

38.55

11.79

36.81

66.64

Hocheng Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															-55.36	66.57	-50.63	30.92	-28.90

Hocheng Tax Rate % Calculation

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

Hocheng'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 )
	=	44.106	/	66.183
	=	66.64 %

Hocheng's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	3.819	/	-13.215
	=	-28.90 %

Hocheng Tax Rate % Related Terms

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Hocheng (TPE:1810) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Hocheng Corp (TPE:1810) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 398, Xingshan Road, First floor, Neihu District, Taipei, TWN, 11469

Website

https://www.hcg.com.tw

Hocheng Corp is a Taiwan-based company, that engages in the manufacture and sale of bathroom fixtures, kitchen equipment, and shower enclosures. The company products include hygiene porcelains, water supply copper wares, bathtubs and table boards, toilet covers, kitchenware, and ceramic plates, among others. Its hygiene porcelains include toilets, water tanks, washbasins, sewage basins, and urine buckets. The Group has four reportable departments: the Taiwan business department, the investment department, the China business department, and the Philippine business department.

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