Grand Ming Group Holdings (HKSE:01271) Tax Rate % : 0.56% (As of Sep. 2023)

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What is Grand Ming Group Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Grand Ming Group Holdings's Tax Expense for the six months ended in Sep. 2023 was HK$0.6 Mil. Grand Ming Group Holdings's Pre-Tax Income for the six months ended in Sep. 2023 was HK$111.8 Mil. Therefore, Grand Ming Group Holdings's Tax Rate % for the quarter that ended in Sep. 2023 was 0.56%.

Grand Ming Group Holdings Tax Rate % Historical Data

The historical data trend for Grand Ming Group Holdings'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.

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Grand Ming Group Holdings Tax Rate % Chart

Grand Ming Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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15.87

21.82

20.69

34.36

16.59

Grand Ming Group Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Tax Rate %	Get a 7-Day Free Trial															6.56	-9.14	17.42	24.55	0.56

Grand Ming Group Holdings Tax Rate % Calculation

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

Grand Ming Group Holdings's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	253.72	/	1529.18
	=	16.59 %

Grand Ming Group Holdings's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	0.629	/	111.753
	=	0.56 %

Grand Ming Group Holdings Tax Rate % Related Terms

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Grand Ming Group Holdings (HKSE:01271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grand Ming Group Holdings Ltd (HKSE:01271) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

No. 39 Chatham Road South, 22nd Floor, Railway Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.grandming.com.hk

Grand Ming Group Holdings Ltd is an investment holding company. The segments in which the company operates include Construction is a key revenue driver, which includes contracts for residential buildings, commercial buildings, and data centers; Property leasing, which includes leasing of data centers; and Property development segment includes the development and sale of properties. All of its activities are carried out in Hong Kong.

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