Go Innovate Asia Bhd (XKLS:03028) Tax Rate %: 33.16% (As of Jun. 2025)

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What is Go Innovate Asia Bhd Tax Rate %?

Go Innovate Asia Bhd XKLS:03028 Tax Rate % is 33.16% as of Jun. 2025. The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Go Innovate Asia Bhd's Tax Expense for the six months ended in Jun. 2025 was RM1 Mil. Go Innovate Asia Bhd's Pre-Tax Income for the six months ended in Jun. 2025 was RM3 Mil. Therefore, Go Innovate Asia Bhd's Tax Rate % for the quarter that ended in Jun. 2025 was 33.16%.

Go Innovate Asia Bhd Tax Rate % Related Terms

Go Innovate Asia Bhd Tax Rate % Historical Data

* Premium members only.

The historical data trend for Go Innovate Asia 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.

Go Innovate Asia Bhd Tax Rate % Chart

Go Innovate Asia Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial 24.89 81.07 67.21 24.64 1.18

Go Innovate Asia Bhd Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 30.79 -4.21 -5.18 2.33 33.16

Go Innovate Asia Bhd Tax Rate % Calculation

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

Go Innovate Asia Bhd's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=-0.184/-15.659
=1.18 %

Go Innovate Asia Bhd's Tax Rate % for the quarter that ended in Jun. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2025 )/Pre-Tax Income (Q: Jun. 2025 )
=1.122/3.384
=33.16 %

* 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 33.16% mean?
Go Innovate Asia Bhd (XKLS:03028) has a Tax Rate % of 33.16% as of Jun. 2025.
Is Go Innovate Asia Bhd's Tax Rate % too high?
Go Innovate Asia Bhd's current Tax Rate % is 33.16%.
How does Go Innovate Asia Bhd's Tax Rate % compare to MS and GS?
Go Innovate Asia Bhd's Tax Rate % of 33.16% can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Tax Rate % depends on the Capital Markets 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. Go Innovate Asia Bhd's current Tax Rate % is 33.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Innovate Asia Bhd stock overvalued right now?
Go Innovate Asia Bhd (XKLS:03028) has a current Tax Rate % of 33.16%. The stock's GF Value™ is RM0.38, compared to a current price of RM0.03 — trading 92.1% below its estimated fair value. The current Tax Rate % is 33.16%. 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 Go Innovate Asia Bhd (XKLS:03028), the current Tax Rate % is 33.16% as of Jun. 2025. 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.

Go Innovate Asia Bhd Business Description

Address 3A-D, Jalan USJ10/1A, Subang Jaya, Kuala Lumpur, SGR, MYS, 47610
Go Innovate Asia Bhd is investment holding company. The principal activities of its subsidiaries include trading in precious metals, provide services relating to the online precious metals trading platform and such other business which are necessary for and/or incident to the aforesaid business, developing information technology (IT), dealing and trading in providing information, communication and technology (ICT) services and consultancy, deal, trade and provide software research and development businesses, technical testing and analysis, assaying and refining of precious metals, and promoting and marketing all kinds of gold products.