Solid Automotive Bhd (XKLS:5242) Tax Rate %: 191.71% (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:5242 Solid Automotive Bhd XKLS:5242
41 GF Score
Price RM0.12
GF Value RM0.19
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Solid Automotive Bhd Tax Rate %?

Solid Automotive Bhd XKLS:5242 +4.35% 41 Tax Rate % is 191.71% as of Apr. 2026. GuruFocus rates XKLS:5242 with a GF Score™ of 41/100 and a GF Value™ of RM0.19 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Solid Automotive Bhd's Tax Expense for the three months ended in Apr. 2026 was RM-2.3 Mil. Solid Automotive Bhd's Pre-Tax Income for the three months ended in Apr. 2026 was RM-1.2 Mil. Therefore, Solid Automotive Bhd's Tax Rate % for the quarter that ended in Apr. 2026 was 191.71%.

Solid Automotive Bhd Tax Rate % Related Terms

Solid Automotive Bhd Tax Rate % Historical Data

* Premium members only.

The historical data trend for Solid Automotive 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.

Solid Automotive Bhd Tax Rate % Chart

Solid Automotive Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.86 21.56 3.33 14.16 -19.30

Solid Automotive Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 10.89 9.57 32.30 15.29 191.71
XKLS:5242
41GF Score
Solid Automotive Bhd XKLS:5242
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solid Automotive Bhd Tax Rate % Calculation

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

Solid Automotive Bhd's Tax Rate % for the fiscal year that ended in Apr. 2026 is calculated as

Tax Rate %=Tax Expense (A: Apr. 2026 )/Pre-Tax Income (A: Apr. 2026 )
=-1.04/5.388
=-19.30 %

Solid Automotive Bhd's Tax Rate % for the quarter that ended in Apr. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Apr. 2026 )/Pre-Tax Income (Q: Apr. 2026 )
=-2.289/-1.194
=191.71 %

* 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 191.71% mean?
Solid Automotive Bhd (XKLS:5242) has a Tax Rate % of 191.71% as of Apr. 2026.
Is Solid Automotive Bhd's Tax Rate % too high?
Solid Automotive Bhd's current Tax Rate % is 191.71%. Overall, Solid Automotive Bhd has a GF Score™ of 41/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid Automotive Bhd's Tax Rate % compare to ORLY and AZO?
Solid Automotive Bhd's Tax Rate % of 191.71% can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Tax Rate % depends on the Vehicles & Parts 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. Solid Automotive Bhd's current Tax Rate % is 191.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Automotive Bhd stock overvalued right now?
Based on GuruFocus' analysis, Solid Automotive Bhd (XKLS:5242) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.12 — trading 36.8% below its estimated fair value. The current Tax Rate % is 191.71%. Solid Automotive Bhd's overall GF Score™ is 41/100 with 4 warning signs to review. 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 Solid Automotive Bhd (XKLS:5242), the current Tax Rate % is 191.71% as of Apr. 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.

Is Solid Automotive Bhd (XKLS:5242) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Automotive Bhd stock appears to be undervalued. The current stock price of RM0.12 is trading 36.8% below its estimated GF Value™ of RM0.19. GuruFocus considers Solid Automotive Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5242:

  • Tax Rate %: 191.71%
  • GF Value™: RM0.19 vs. price of RM0.12 (36.8% below fair value)
  • GF Score™: 41/100 with 4 warning signs

No single metric tells the full story. See the XKLS:5242 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Solid Automotive Bhd Business Description

Address 5, Jalan Dataran 5, Taman Kempas, Johor Bahru, JHR, MYS, 81200
Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. Along with its subsidiaries, the company operates in the following reportable segments: Automotive service, electrical, spare and related parts, Automotive engine and mechanical parts, and Others. It generates maximum revenue from the Automotive service, electrical, spare and related parts segment, which is involved in trading and distribution of automotive batteries, lubricants, electrical parts, spare parts and components. Geographically, the group generates maximum revenue from Malaysia, followed by the Middle East and Africa, and Other regions.
41GF Score

Get the complete analysis for XKLS:5242

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.12
Price
RM0.19
GF Value