GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Qian Xun Technology Ltd (HKSE:01640) » Definitions » Tax Expense

Qian Xun Technology (HKSE:01640) Tax Expense : HK$-5.1 Mil (TTM As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Qian Xun Technology Tax Expense?

Qian Xun Technology's tax expense for the months ended in Jun. 2024 was HK$4.5 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-5.1 Mil.


Qian Xun Technology Tax Expense Historical Data

The historical data trend for Qian Xun Technology'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.

Qian Xun Technology Tax Expense Chart

Qian Xun Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Expense
Get a 7-Day Free Trial 22.07 1.84 4.70 -22.79 -9.54

Qian Xun Technology Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.77 -22.06 0.02 -9.55 4.48

Qian Xun Technology 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-5.1 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.


Qian Xun Technology  (HKSE:01640) 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.


Qian Xun Technology Tax Expense Related Terms

Thank you for viewing the detailed overview of Qian Xun Technology's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


Qian Xun Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 136 Zhongkang Road, 6th Floor, Building 1, Shenzhen New Generation Industrial Park, Meilin Street, Futian District, Shenzhen, CHN
Qian Xun Technology Ltd is a service provider in the pre-owned digital device trading sector, is dedicated to secondhand electronics transactions through AI technology and SaaS platforms, addressing surging market demand amid value-conscious consumption trends. It has recycling of pre-owned 3C products via multiple channels, including its online platform, self-service kiosks at partner locations, and company-owned retail stores. Leveraging AI and SaaS capabilities, it delivers end-to-end solutions such as precision pricing, intelligent omnichannel distribution, and inventory optimization, enhancing transaction efficiency and profitability margins across the ecosystem.
Executives
Sang Kangqiao 2101 Beneficial owner
Li Ye 2101 Beneficial owner
Wang Pingpin 2201 Interest of corporation controlled by you
Wang Lei 2201 Interest of corporation controlled by you
Li Na 2201 Interest of corporation controlled by you
Wang Xin 2201 Interest of corporation controlled by you
Zhang Miao 2202 Interest of your spouse
Ying Heng You Xian Gong Si 2101 Beneficial owner
Shi Rui 2202 Interest of your spouse
Ju Jia You Xian Gong Si 2101 Beneficial owner
Rui Cheng Tian He You Xian Gong Si 2101 Beneficial owner
You Yi You Xian Gong Si 2101 Beneficial owner
Wei Chun Lei 2202 Interest of your spouse

Qian Xun Technology Headlines

No Headlines