Victory Securities (Holdings) Co (HKSE:08540) Tax Expense: HK$3.3 Mil (TTM As of Dec. 2025)

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HKSE:08540 Victory Securities (Holdings) Co Ltd HKSE:08540
64 GF Score
Price HK$4.45
GF Value HK$8.56
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Victory Securities (Holdings) Co Tax Expense?

Victory Securities (Holdings) Co HKSE:08540 -0.34% 64 Tax Expense is HK$3.3 Mil as of Dec. 2025. GuruFocus rates HKSE:08540 with a GF Score™ of 64/100 and a GF Value™ of HK$8.56 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Victory Securities (Holdings) Co's tax expense for the months ended in Dec. 2025 was HK$-3.0 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2025 was HK$3.3 Mil.


Victory Securities (Holdings) Co  (HKSE:08540) 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.


Victory Securities (Holdings) Co Tax Expense Related Terms


Victory Securities (Holdings) Co Tax Expense Historical Data

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The historical data trend for Victory Securities (Holdings) 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.

Victory Securities (Holdings) Co Tax Expense Chart

Victory Securities (Holdings) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 -2.07 -4.29 -0.16 3.28

Victory Securities (Holdings) Co Semi-Annual Data
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 -3.27 0.12 -0.28 6.31 -3.03
HKSE:08540
64GF Score
Victory Securities (Holdings) Co Ltd HKSE:08540
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Victory Securities (Holdings) 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$3.3 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of HK$3.3 Mil mean?
Victory Securities (Holdings) Co (HKSE:08540) has a Tax Expense of HK$3.3 Mil as of Dec. 2025. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Victory Securities (Holdings) Co and its competitors.
Is Victory Securities (Holdings) Co's Tax Expense too high?
Victory Securities (Holdings) Co's current Tax Expense is HK$3.3 Mil. Overall, Victory Securities (Holdings) Co has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Victory Securities (Holdings) Co's Tax Expense compare to MS and GS?
Victory Securities (Holdings) Co's Tax Expense of HK$3.3 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Tax Expense depends on the Capital Markets 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 Victory Securities (Holdings) Co and its competitors. Victory Securities (Holdings) Co's current Tax Expense is HK$3.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Securities (Holdings) Co stock overvalued right now?
Based on GuruFocus' analysis, Victory Securities (Holdings) Co (HKSE:08540) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$8.56, compared to a current price of HK$4.45 — trading 48.1% below its estimated fair value. The current Tax Expense is HK$3.3 Mil. Victory Securities (Holdings) Co's overall GF Score™ is 64/100 with 1 warning sign 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 Victory Securities (Holdings) Co (HKSE:08540), the current Tax Expense is HK$3.3 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 Victory Securities (Holdings) Co (HKSE:08540) Overvalued in 2026?

Based on GuruFocus' analysis, Victory Securities (Holdings) Co stock appears to be undervalued. The current stock price of HK$4.45 is trading 48.1% below its estimated GF Value™ of HK$8.56. GuruFocus considers Victory Securities (Holdings) Co to be Significantly Undervalued.

Key valuation signals for HKSE:08540:

  • Tax Expense: HK$3.3 Mil
  • GF Value™: HK$8.56 vs. price of HK$4.45 (48.1% below fair value)
  • GF Score™: 64/100 with 1 warning sign

No single metric tells the full story. See the HKSE:08540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Victory Securities (Holdings) Co Business Description

Address No. 308 Des Voeux Road Central, 20th Floor, 308 Central Des Voeux, Sheung Wan, Hong Kong, HKG
Victory Securities (Holdings) Co Ltd is an investment holding company engaged in the businesses of securities futures insurance policies broking, placing and underwriting services and advising on securities services, financing services, asset management services, financial advisory services, and investment consultancy services in Hong Kong. The company has five operating segments: Securities/ futures broking services; Financing services; Asset management services; Insurance consultancy services, Financial advisory services, and Virtual asset services. It generates maximum revenue from the Securities/ futures broking services segment. The Group operates in Hong Kong and its revenue is derived from its operations in Hong Kong.
64GF Score

Get the complete analysis for HKSE:08540

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

HK$4.45
Price
HK$8.56
GF Value