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XHG (XChange Tec) Tax Rate % : -0.08% (As of Sep. 2024)


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What is XChange Tec Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. XChange Tec's Tax Expense for the six months ended in Sep. 2024 was $0.07 Mil. XChange Tec's Pre-Tax Income for the six months ended in Sep. 2024 was $-84.33 Mil. Therefore, XChange Tec's Tax Rate % for the quarter that ended in Sep. 2024 was -0.08%.

XChange Tec Tax Rate % Historical Data

The historical data trend for XChange Tec'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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XChange Tec Tax Rate % Chart

XChange Tec Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Tax Rate %
Get a 7-Day Free Trial - - - - -0.09

XChange Tec Semi-Annual Data
Sep17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - -0.32 -0.08

XChange Tec Tax Rate % Calculation

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

XChange Tec's Tax Rate % for the fiscal year that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2024 )/Pre-Tax Income (A: Sep. 2024 )
=0.077/-86.577
=-0.09 %

XChange Tec'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 )
=0.071/-84.328
=-0.08 %

* 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.

XChange Tec Tax Rate % Related Terms

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XChange Tec Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » XChange Tec Inc (NAS:XHG) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
1136 Xinzha Road, No.801, Building 1, JingAn District, Shanghai, CHN, 200041
Website
https://ir.xhghk.com
XChange Tec Inc, through its subsidiaries operates in insurance agency and insurance technology business. The company specialized in distributing automobile insurance policies at the earlier stage of business and subsequently expanded insurance product portfolio to include other types of insurance including life, health, group accident and other property related insurances. A maximum of the insurance purchased through platform and agency services is of automobile insurance.