HiTech Group Australia (ASX:HIT) Tax Expense: A$2.40 Mil (TTM As of Dec. 2025)

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ASX:HIT HiTech Group Australia Ltd ASX:HIT
77 GF Score
Price A$0.94
GF Value A$1.89
Valuation Possible Value Trap
! 5 Warning Signs
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What is HiTech Group Australia Tax Expense?

HiTech Group Australia ASX:HIT +2.17% 77 Tax Expense is A$2.40 Mil as of Dec. 2025. GuruFocus rates ASX:HIT with a GF Score™ of 77/100 and a GF Value™ of A$1.89 (Possible Value Trap). The stock has 5 warning signs investors should review.

HiTech Group Australia's tax expense for the months ended in Dec. 2025 was A$1.14 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$2.40 Mil.


HiTech Group Australia  (ASX:HIT) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


HiTech Group Australia Tax Expense Related Terms


HiTech Group Australia Tax Expense Historical Data

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The historical data trend for HiTech Group Australia's Tax Expense 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.

HiTech Group Australia Tax Expense Chart

HiTech Group Australia Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 2.22 2.03 2.76 2.55

HiTech Group Australia Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Tax Expense 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 1.49 1.27 1.29 1.26 1.14
ASX:HIT
77GF Score
HiTech Group Australia Ltd ASX:HIT
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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HiTech Group Australia Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$2.40 Mil.

* 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 Expense →
What does a Tax Expense of A$2.40 Mil mean?
HiTech Group Australia (ASX:HIT) has a Tax Expense of A$2.40 Mil as of Dec. 2025. Tax expense is the amount of tax the company pays in an accounting period. View historical data on HiTech Group Australia and its competitors.
Is HiTech Group Australia's Tax Expense too high?
HiTech Group Australia's current Tax Expense is A$2.40 Mil. Overall, HiTech Group Australia has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HiTech Group Australia's Tax Expense compare to KFY and RHI?
HiTech Group Australia's Tax Expense of A$2.40 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Business Services company?
A good Tax Expense depends on the Business Services industry context. However, Tax Expense 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 Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on HiTech Group Australia and its competitors. HiTech Group Australia's current Tax Expense is A$2.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HiTech Group Australia stock overvalued right now?
Based on GuruFocus' analysis, HiTech Group Australia (ASX:HIT) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.89, compared to a current price of A$0.94 — trading 50.3% below its estimated fair value. The current Tax Expense is A$2.40 Mil. HiTech Group Australia's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For HiTech Group Australia (ASX:HIT), the current Tax Expense is A$2.40 Mil as of Dec. 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.

Is HiTech Group Australia (ASX:HIT) Overvalued in 2026?

Based on GuruFocus' analysis, HiTech Group Australia stock appears to be undervalued. The current stock price of A$0.94 is trading 50.3% below its estimated GF Value™ of A$1.89. GuruFocus considers HiTech Group Australia to be Possible Value Trap.

Key valuation signals for ASX:HIT:

  • Tax Expense: A$2.40 Mil
  • GF Value™: A$1.89 vs. price of A$0.94 (50.3% below fair value)
  • GF Score™: 77/100 with 5 warning signs

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


HiTech Group Australia Business Description

Address Gateway Tower, SE3701b, Level 37, 1 Macquarie Place, Sydney, NSW, AUS, 2000
HiTech Group Australia Ltd is engaged in recruitment services for permanent and contract staff to the ICT sector. It currently supplies permanent and contract staff from its database of over specialised ICT, Finance, and Office Support professionals. Its main business comes from IT contracting/consulting.
77GF Score

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

A$0.94
Price
A$1.89
GF Value