Green Ocean Bhd (XKLS:0074) Tax Rate %: 112.00% (As of Mar. 2026)

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What is Green Ocean Bhd Tax Rate %?

Green Ocean Bhd XKLS:0074 Tax Rate % is 112.00% as of Mar. 2026. The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Green Ocean Bhd's Tax Expense for the three months ended in Mar. 2026 was RM-0.03 Mil. Green Ocean Bhd's Pre-Tax Income for the three months ended in Mar. 2026 was RM-0.03 Mil. Therefore, Green Ocean Bhd's Tax Rate % for the quarter that ended in Mar. 2026 was 112.00%.

Green Ocean Bhd Tax Rate % Related Terms

Green Ocean Bhd Tax Rate % Historical Data

* Premium members only.

The historical data trend for Green Ocean Bhd'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.

Green Ocean Bhd Tax Rate % Chart

Green Ocean Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Jun21 Jun22 Sep24 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 -0.07 0.00 -0.01 -0.03

Green Ocean Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -0.35 0.00 0.00 -0.65 112.00

Green Ocean Bhd Tax Rate % Calculation

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

Green Ocean Bhd's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=0.005/-14.437
=-0.03 %

Green Ocean Bhd'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 )
=-0.028/-0.025
=112.00 %

* 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 112.00% mean?
Green Ocean Bhd (XKLS:0074) has a Tax Rate % of 112.00% as of Mar. 2026.
Is Green Ocean Bhd's Tax Rate % too high?
Green Ocean Bhd's current Tax Rate % is 112.00%.
How does Green Ocean Bhd's Tax Rate % compare to ADM and BG?
Green Ocean Bhd's Tax Rate % of 112.00% can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Tax Rate % depends on the Consumer Packaged Goods 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. Green Ocean Bhd's current Tax Rate % is 112.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Ocean Bhd stock overvalued right now?
Based on GuruFocus' analysis, Green Ocean Bhd (XKLS:0074) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.16, compared to a current price of RM0.09 — trading 46.9% below its estimated fair value. The current Tax Rate % is 112.00%. 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 Green Ocean Bhd (XKLS:0074), the current Tax Rate % is 112.00% 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.

Green Ocean Bhd Business Description

Address DF2-10-01 (Unit 2), Persoft Tower, Level 10, 6B, Persiaran Tropicana, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410
Green Ocean Corp Bhd is an investment holding company. The company is principally involved in the manufacturing and trading of gloves as well as the distribution and trading of food and beverage ("F&B") products. The company segment includes the Trading of gloves, the Distribution and trading of F&B, and others. The company generates the majority of its revenue from the Distribution and trading of F&B.