GigaCloud Technology (GigaCloud Technology) Tax Rate % : 18.38% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is GigaCloud Technology Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GigaCloud Technology's Tax Expense for the three months ended in Mar. 2024 was $6.1 Mil. GigaCloud Technology's Pre-Tax Income for the three months ended in Mar. 2024 was $33.3 Mil. Therefore, GigaCloud Technology's Tax Rate % for the quarter that ended in Mar. 2024 was 18.38%.

GigaCloud Technology Tax Rate % Historical Data

The historical data trend for GigaCloud Technology's Tax Rate % 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.

GigaCloud Technology Tax Rate % Chart

GigaCloud Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

40.50

17.27

22.45

23.08

18.16

GigaCloud Technology Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial										19.07	18.84	18.76	16.97	18.38

GigaCloud Technology Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

GigaCloud Technology's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	20.887	/	114.995
	=	18.16 %

GigaCloud Technology's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	6.125	/	33.32
	=	18.38 %

GigaCloud Technology Tax Rate % Related Terms

Thank you for viewing the detailed overview of GigaCloud Technology's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

GigaCloud Technology (GigaCloud Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GigaCloud Technology Inc (NAS:GCT) » Definitions » Tax Rate %

Comparable Companies

CCSI IIIV LVOX SCWX NN OSPN STEM CGNT BAND CORZQ MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

N/A

Address

24-30 Ice House Street, Unit A, 12th Floor, Shun Ho Tower, Central, Hong Kong, HKG

Website

https://www.gigacloudtech.com

GigaCloud Technology Inc end-to-end B2B e-commerce solutions for large parcel merchandise. Its B2B e-commerce platform, which refers to as the GigaCloud Marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. It offers online and offline integrated cross-border transaction and delivery services for furniture and large merchandise. Its marketplace seamlessly connects manufacturers in Asia, with resellers in the U.S., Asia, and Europe, to execute cross-border transactions with confidence, speed, and efficiency. It offers a truly comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price.