HG Metal Manufacturing (SGX:BTG) Tax Expense: S$1.8 Mil (TTM As of Mar. 2026)

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SGX:BTG HG Metal Manufacturing Ltd SGX:BTG
41 GF Score
Price S$0.49
GF Value S$0.19
Valuation Significantly Overvalued
! 4 Warning Signs
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What is HG Metal Manufacturing Tax Expense?

HG Metal Manufacturing SGX:BTG 41 Tax Expense is S$1.8 Mil as of Mar. 2026. GuruFocus rates SGX:BTG with a GF Score™ of 41/100 and a GF Value™ of S$0.19 (Significantly Overvalued). The stock has 4 warning signs investors should review.

HG Metal Manufacturing's tax expense for the months ended in Mar. 2026 was S$1.1 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was S$1.8 Mil.


HG Metal Manufacturing  (SGX:BTG) 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.


HG Metal Manufacturing Tax Expense Related Terms


HG Metal Manufacturing Tax Expense Historical Data

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The historical data trend for HG Metal Manufacturing'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.

HG Metal Manufacturing Tax Expense Chart

HG Metal Manufacturing Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 1.26 0.53 -0.31

HG Metal Manufacturing Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 -0.32 0.73 0.74 0.67 1.14
SGX:BTG
41GF Score
HG Metal Manufacturing Ltd SGX:BTG
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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HG Metal Manufacturing 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 S$1.8 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 S$1.8 Mil mean?
HG Metal Manufacturing (SGX:BTG) has a Tax Expense of S$1.8 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on HG Metal Manufacturing and its competitors.
Is HG Metal Manufacturing's Tax Expense too high?
HG Metal Manufacturing's current Tax Expense is S$1.8 Mil. Overall, HG Metal Manufacturing has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HG Metal Manufacturing's Tax Expense compare to NUE and STLD?
HG Metal Manufacturing's Tax Expense of S$1.8 Mil can be compared against companies in the Steel 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 Steel company?
A good Tax Expense depends on the Steel 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 HG Metal Manufacturing and its competitors. HG Metal Manufacturing's current Tax Expense is S$1.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HG Metal Manufacturing stock overvalued right now?
Based on GuruFocus' analysis, HG Metal Manufacturing (SGX:BTG) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.19, compared to a current price of S$0.49 — trading 157.9% above its estimated fair value. The current Tax Expense is S$1.8 Mil. HG Metal Manufacturing's overall GF Score™ is 41/100 with 4 warning signs 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 HG Metal Manufacturing (SGX:BTG), the current Tax Expense is S$1.8 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 HG Metal Manufacturing (SGX:BTG) Overvalued in 2026?

Based on GuruFocus' analysis, HG Metal Manufacturing stock appears to be overvalued. The current stock price of S$0.49 is trading 157.9% above its estimated GF Value™ of S$0.19. GuruFocus considers HG Metal Manufacturing to be Significantly Overvalued.

Key valuation signals for SGX:BTG:

  • Tax Expense: S$1.8 Mil
  • GF Value™: S$0.19 vs. price of S$0.49 (157.9% above fair value)
  • GF Score™: 41/100 with 4 warning signs

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


HG Metal Manufacturing Business Description

Address 28 Jalan Buroh, Singapore, SGP, 619484
HG Metal Manufacturing Ltd is involved in the steel business. The Company operates through business units including HG Distribution, HG Construction Steel, HG Coupler, and Thread. Its operating segments comprise the Trading segment, the Manufacturing segment, and Others. The Trading segment supplies steel products and includes investments in subsidiaries engaged in steel distribution and the provision of industrial steel services. The Manufacturing segment produces construction steel products and provides related engineering services. The Others segment includes activities that do not fall under the Trading or Manufacturing segments. The majority of the Company's revenue is generated from the Manufacturing segment, with the maximum of its revenue derived from Singapore.
41GF Score

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

S$0.49
Price
S$0.19
GF Value