GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Jiayin Group Inc (NAS:JFIN) » Definitions » Tax Expense

Jiayin Group (Jiayin Group) Tax Expense : $34.9 Mil (TTM As of Sep. 2023)


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

What is Jiayin Group Tax Expense?

Jiayin Group's tax expense for the months ended in Sep. 2023 was $8.5 Mil. Its tax expense for the trailing twelve months (TTM) ended in Sep. 2023 was $34.9 Mil.


Jiayin Group Tax Expense Historical Data

The historical data trend for Jiayin Group'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.

Jiayin Group Tax Expense Chart

Jiayin Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Expense
Get a 7-Day Free Trial 5.28 16.64 19.74 22.29 34.68

Jiayin Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -7.17 11.27 6.36 8.47 8.76

Jiayin Group 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $34.9 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.


Jiayin Group  (NAS:JFIN) 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.


Jiayin Group Tax Expense Related Terms

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


Jiayin Group (Jiayin Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 428 South Yanggao Road, Room 26F, 18th Floor, Building No. 1, Youyou Century Plaza, Pudong New Area, Shanghai, CHN, 200122
Jiayin Group Inc is China's technology service group. It is an enterprise engaged in technological innovation services. It is committed to using big data, cloud computing, artificial intelligence and other technologies to connect consumers and financial institutions in consumption scenarios so that every user can enjoy efficient and convenient technology services. The company has engraved technological innovation into the company's development genes since its establishment, adheres to the dual drive of digital + technology, and focuses on building a cloud service platform and intelligent risk control system with big data drive as the core concept.