Wing Lee Development Construction Holdings (HKSE:09639) Tax Expense : HK$ Mil (TTM As of Mar. 2024)

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What is Wing Lee Development Construction Holdings Tax Expense?

Wing Lee Development Construction Holdings's tax expense for the months ended in Mar. 2024 was HK$0.0 Mil.

Wing Lee Development Construction Holdings Tax Expense Historical Data

The historical data trend for Wing Lee Development Construction 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.

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Wing Lee Development Construction Holdings Tax Expense Chart

Wing Lee Development Construction Holdings Annual Data

Trend

Mar22

Mar23

Mar24

Tax Expense

11.46

7.08

16.01

Wing Lee Development Construction Holdings Quarterly Data
	Mar22	Mar23	Mar24	Sep24
Tax Expense	-	-	-	-

Wing Lee Development Construction 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.

Wing Lee Development Construction Holdings (HKSE:09639) 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.

Wing Lee Development Construction Holdings Tax Expense Related Terms

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Wing Lee Development Construction Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wing Lee Development Construction Holdings Ltd (HKSE:09639) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Hoi Shing Road, Room A6, 16th Floor, TML Tower, Tsuen Wan, Hong Kong, HKG

Website

https://www.winglee.com.hk

Wing Lee Development Construction Holdings Ltd is an established contractor in Hong Kong engaged in civil and electrical cable engineering and solar PV system works. Its civil engineering works specialize in site formation works and road and drainage works, and its electrical cable engineering works specialize in cable trenching, laying and jointing works. For solar PV system works, the company specializes in the design, installation and maintenance works of solar PV systems. The majority of revenue is derived from civil engineering works.

Wing Lee Development Construction Holdings Headlines

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