Hiyes International Co (TPE:2348) Tax Rate %: 74.32% (As of Mar. 2026)

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TPE:2348 Hiyes International Co Ltd TPE:2348
76 GF Score
Price NT$69.80
GF Value NT$103.92
Valuation Possible Value Trap
! 13 Warning Signs
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What is Hiyes International Co Tax Rate %?

Hiyes International Co TPE:2348 -1.13% 76 Tax Rate % is 74.32% as of Mar. 2026. GuruFocus rates TPE:2348 with a GF Score™ of 76/100 and a GF Value™ of NT$103.92 (Possible Value Trap). The stock has 13 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hiyes International Co's Tax Expense for the three months ended in Mar. 2026 was NT$47 Mil. Hiyes International Co's Pre-Tax Income for the three months ended in Mar. 2026 was NT$63 Mil. Therefore, Hiyes International Co's Tax Rate % for the quarter that ended in Mar. 2026 was 74.32%.

Hiyes International Co Tax Rate % Related Terms

Hiyes International Co Tax Rate % Historical Data

* Premium members only.

The historical data trend for Hiyes International Co'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.

Hiyes International Co Tax Rate % Chart

Hiyes International Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.96 30.06 20.26 21.01 27.70

Hiyes International Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 26.89 39.68 45.52 20.08 74.32
TPE:2348
76GF Score
Hiyes International Co Ltd TPE:2348
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiyes International Co Tax Rate % Calculation

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

Hiyes International Co's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=445.602/1608.551
=27.70 %

Hiyes International Co's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=46.667/62.792
=74.32 %

* 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 74.32% mean?
Hiyes International Co (TPE:2348) has a Tax Rate % of 74.32% as of Mar. 2026.
Is Hiyes International Co's Tax Rate % too high?
Hiyes International Co's current Tax Rate % is 74.32%. Overall, Hiyes International Co has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hiyes International Co's Tax Rate % compare to CBRE and BEKE?
Hiyes International Co's Tax Rate % of 74.32% can be compared against companies in the Real Estate 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 a Real Estate company?
A good Tax Rate % depends on the Real Estate 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. Hiyes International Co's current Tax Rate % is 74.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiyes International Co stock overvalued right now?
Based on GuruFocus' analysis, Hiyes International Co (TPE:2348) is currently considered Possible Value Trap. The stock's GF Value™ is NT$103.92, compared to a current price of NT$69.80 — trading 32.8% below its estimated fair value. The current Tax Rate % is 74.32%. Hiyes International Co's overall GF Score™ is 76/100 with 13 warning signs to review. 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 Hiyes International Co (TPE:2348), the current Tax Rate % is 74.32% as of Mar. 2026. 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.

Is Hiyes International Co (TPE:2348) Overvalued in 2026?

Based on GuruFocus' analysis, Hiyes International Co stock appears to be undervalued. The current stock price of NT$69.80 is trading 32.8% below its estimated GF Value™ of NT$103.92. GuruFocus considers Hiyes International Co to be Possible Value Trap.

Key valuation signals for TPE:2348:

  • Tax Rate %: 74.32%
  • GF Value™: NT$103.92 vs. price of NT$69.80 (32.8% below fair value)
  • GF Score™: 76/100 with 13 warning signs

No single metric tells the full story. See the TPE:2348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hiyes International Co Business Description

Address No. 260, Dunhua North Road, 7th Floor, Songshan District, Taipei, TWN
Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses.
76GF Score

Get the complete analysis for TPE:2348

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

NT$69.80
Price
NT$103.92
GF Value