Precision Tsugami (China) (HKSE:01651) Tax Expense: HK$526 Mil (TTM As of Mar. 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.

HKSE:01651 Precision Tsugami (China) Corp Ltd HKSE:01651
81 GF Score
Price HK$52.35
GF Value HK$20.43
Valuation Significantly Overvalued
View Full Analysis

What is Precision Tsugami (China) Tax Expense?

Precision Tsugami (China) HKSE:01651 +1.95% 81 Tax Expense is HK$526 Mil as of Mar. 2026. GuruFocus rates HKSE:01651 with a GF Score™ of 81/100 and a GF Value™ of HK$20.43 (Significantly Overvalued).

Precision Tsugami (China)'s tax expense for the months ended in Mar. 2026 was HK$306 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was HK$526 Mil.


Precision Tsugami (China)  (HKSE:01651) 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.


Precision Tsugami (China) Tax Expense Related Terms


Precision Tsugami (China) Tax Expense Historical Data

* Premium members only.

The historical data trend for Precision Tsugami (China)'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.

Precision Tsugami (China) Tax Expense Chart

Precision Tsugami (China) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 377.82 298.22 241.99 380.38 534.64

Precision Tsugami (China) Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 128.17 166.76 217.99 219.96 306.07
HKSE:01651
81GF Score
Precision Tsugami (China) Corp Ltd HKSE:01651
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Precision Tsugami (China) 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$526 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 HK$526 Mil mean?
Precision Tsugami (China) (HKSE:01651) has a Tax Expense of HK$526 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Precision Tsugami (China) and its competitors.
Is Precision Tsugami (China)'s Tax Expense too high?
Precision Tsugami (China)'s current Tax Expense is HK$526 Mil. Overall, Precision Tsugami (China) has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precision Tsugami (China)'s Tax Expense compare to SNA and RBC?
Precision Tsugami (China)'s Tax Expense of HK$526 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Tax Expense depends on the Industrial Products 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 Precision Tsugami (China) and its competitors. Precision Tsugami (China)'s current Tax Expense is HK$526 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precision Tsugami (China) stock overvalued right now?
Based on GuruFocus' analysis, Precision Tsugami (China) (HKSE:01651) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$20.43, compared to a current price of HK$52.35 — trading 156.2% above its estimated fair value. The current Tax Expense is HK$526 Mil. Precision Tsugami (China)'s overall GF Score™ is 81/100. 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 Precision Tsugami (China) (HKSE:01651), the current Tax Expense is HK$526 Mil as of Mar. 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 Precision Tsugami (China) (HKSE:01651) Overvalued in 2026?

Based on GuruFocus' analysis, Precision Tsugami (China) stock appears to be overvalued. The current stock price of HK$52.35 is trading 156.2% above its estimated GF Value™ of HK$20.43. GuruFocus considers Precision Tsugami (China) to be Significantly Overvalued.

Key valuation signals for HKSE:01651:

  • Tax Expense: HK$526 Mil
  • GF Value™: HK$20.43 vs. price of HK$52.35 (156.2% above fair value)
  • GF Score™: 81/100

No single metric tells the full story. See the HKSE:01651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Precision Tsugami (China) Business Description

Address No. 2001 Pingcheng Road, Pinghu Economic-Technological Development Zone, Zhejiang Province, Pinghu, CHN, 314200
Precision Tsugami (China) Corp Ltd is engaged in the manufacturing and distribution of computer numerical control (CNC) high precision machine tools; and the provision of commercial consultation services. It manufactures and sells CNC machine tools including Precision lathes, Precision machining centers, Precision thread and form rolling machines and Precision grinding machines under the TSUGAMI brand. The company only has one reportable operating segment which is the manufacture and sale of high precision CNC machine tools. Its products are mainly for the Chinese market and are also sold to Japan, Europe, the USA, Southeast Asia and other countries.
81GF Score

Get the complete analysis for HKSE:01651

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

HK$52.35
Price
HK$20.43
GF Value