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Wuhan HL Engineering Tool Co (BJSE:836942) Tax Expense : ¥6.7 Mil (TTM As of Sep. 2024)


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What is Wuhan HL Engineering Tool Co Tax Expense?

Wuhan HL Engineering Tool Co's tax expense for the months ended in Sep. 2024 was ¥1.6 Mil. Its tax expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥6.7 Mil.


Wuhan HL Engineering Tool Co Tax Expense Historical Data

The historical data trend for Wuhan HL Engineering Tool Co'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.

* Premium members only.

Wuhan HL Engineering Tool Co Tax Expense Chart

Wuhan HL Engineering Tool Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 6.57 7.45 4.06 6.28

Wuhan HL Engineering Tool Co Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.08 2.32 0.99 1.73 1.65

Wuhan HL Engineering Tool Co 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥6.7 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.


Wuhan HL Engineering Tool Co  (BJSE:836942) 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.


Wuhan HL Engineering Tool Co Tax Expense Related Terms

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Wuhan HL Engineering Tool Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Fortune 2nd Road, East Lake New Technology Development Zone, Hubei Province, Wuhan City, CHN, 430074
Wuhan HL Engineering Tool Co Ltd engages in research and development, manufacturing, sales, and service of various engineering rock-breaking drilling tools. The company's main products include various shield, TBM, pipe jacking tools; horizontal directional drilling tools (reamers, pilot bits, centralizers, pup joints, etc.), vertical reaming bits; pile rock breaking hobs, drill bits, Picks; down-the-hole drilling tools (impactors, drill bits, drill bits, drill pipes, etc.). The company's products are widely used in domestic and foreign subways, highway and railway tunnels, water diversion tunnels, urban comprehensive pipe galleries, oil and gas pipelines, pile foundation excavation, mining, and other projects.

Wuhan HL Engineering Tool Co Headlines

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