GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tak Lee Machinery Holdings Ltd (HKSE:02102) » Definitions » Tax Expense

Tak Lee Machinery Holdings (HKSE:02102) Tax Expense : HK$4.3 Mil (TTM As of Jul. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Tak Lee Machinery Holdings Tax Expense?

Tak Lee Machinery Holdings's tax expense for the months ended in Jul. 2024 was HK$2.7 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jul. 2024 was HK$4.3 Mil.


Tak Lee Machinery Holdings Tax Expense Historical Data

The historical data trend for Tak Lee Machinery Holdings'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.

Tak Lee Machinery Holdings Tax Expense Chart

Tak Lee Machinery Holdings Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.38 7.92 8.25 1.66 4.29

Tak Lee Machinery Holdings Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 5.03 1.16 0.50 1.63 2.66

Tak Lee Machinery Holdings 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 Jul. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$4.3 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.


Tak Lee Machinery Holdings  (HKSE:02102) 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.


Tak Lee Machinery Holdings Tax Expense Related Terms

Thank you for viewing the detailed overview of Tak Lee Machinery Holdings's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


Tak Lee Machinery Holdings Business Description

Traded in Other Exchanges
N/A
Address
D.D. 111, Lot No. 117, Sheung Che Village, Pat Heung, Yuen Long, New Territories, Hong Kong, HKG
Tak Lee Machinery Holdings Ltd is an earthmoving equipment sales and leasing service provider. The company's operating segment includes Sales of heavy equipment and spare parts; Lease of heavy equipment and Maintenance and ancillary services. It generates maximum revenue from the Sales of heavy equipment and spare parts segment which includes trading of heavy equipment and spare parts in Hong Kong. Geographically, it derives revenue from Hong Kong.

Tak Lee Machinery Holdings Headlines

No Headlines