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TRSG (Tungray Technologies) Tax Rate % : 40.12% (As of Dec. 2023)


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What is Tungray Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tungray Technologies's Tax Expense for the six months ended in Dec. 2023 was $0.42 Mil. Tungray Technologies's Pre-Tax Income for the six months ended in Dec. 2023 was $1.04 Mil. Therefore, Tungray Technologies's Tax Rate % for the quarter that ended in Dec. 2023 was 40.12%.

Tungray Technologies Tax Rate % Historical Data

The historical data trend for Tungray Technologies'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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Tungray Technologies Tax Rate % Chart

Tungray Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
20.43 14.68 15.21 38.18

Tungray Technologies Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial 12.69 18.73 10.70 31.45 40.12

Tungray Technologies Tax Rate % Calculation

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

Tungray Technologies'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 )
=0.504/1.32
=38.18 %

Tungray Technologies'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 )
=0.416/1.037
=40.12 %

* 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.

Tungray Technologies Tax Rate % Related Terms

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Tungray Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tungray Technologies Inc (NAS:TRSG) » Definitions » Tax Rate %
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Address
Innovation Place Tower 4, No. 02-01, 31 Mandai Estate, Singapore, SGP, 729933
Website
https://www.tungray.tech
Tungray Technologies Inc is an engineer-to-order company that provides custom industrial manufacturing solutions to original equipment manufacturers in the semiconductor, printer, electronics, and home appliance industries. It predominantly generates revenue through the manufacture of custom industrial manufacturing solutions, direct drive and linear DC motors, and induction welding equipment. Geographically, the company generates a majority of its revenue from Singapore and the rest from China.