TUGHF (Tungtex (Holdings) Co) Tax Rate % : -1.08% (As of Sep. 2024)

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What is Tungtex (Holdings) Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tungtex (Holdings) Co's Tax Expense for the six months ended in Sep. 2024 was $0.02 Mil. Tungtex (Holdings) Co's Pre-Tax Income for the six months ended in Sep. 2024 was $-1.95 Mil. Therefore, Tungtex (Holdings) Co's Tax Rate % for the quarter that ended in Sep. 2024 was -1.08%.

Tungtex (Holdings) Co Tax Rate % Historical Data

The historical data trend for Tungtex (Holdings) 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.

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Tungtex (Holdings) Co Tax Rate % Chart

Tungtex (Holdings) Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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-0.30

-0.14

-0.62

18.06

-5.11

Tungtex (Holdings) Co Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Tax Rate %	Get a 7-Day Free Trial															29.13	11.95	-1.51	-26.97	-1.08

Tungtex (Holdings) Co Tax Rate % Calculation

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

Tungtex (Holdings) Co's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	0.087	/	-1.701
	=	-5.11 %

Tungtex (Holdings) Co's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	0.021	/	-1.951
	=	-1.08 %

Tungtex (Holdings) Co Tax Rate % Related Terms

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Tungtex (Holdings) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tungtex (Holdings) Co Ltd (OTCPK:TUGHF) » Definitions » Tax Rate %

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Traded in Other Exchanges

00518:Hong Kong

Address

No. 83 Hung To Road, Office A, 26th Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.tungtex.com

Tungtex (Holdings) Co Ltd is engaged in the business of manufacturing and sale of garments products. The operating segments of the group are North America, Asia, and Europe and others. Its customers are located in the PRC, the USA, Canada, European countries, and other countries, of which key revenue is generated from the USA. The company offers Silk-blended, Linen, Cotton, Synthetic items, and other products.