Hon Hai Precision Industry Co (TPE:2317) Tax Rate % : 23.49% (As of Mar. 2024)

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What is Hon Hai Precision Industry Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hon Hai Precision Industry Co's Tax Expense for the three months ended in Mar. 2024 was NT$7,636 Mil. Hon Hai Precision Industry Co's Pre-Tax Income for the three months ended in Mar. 2024 was NT$32,509 Mil. Therefore, Hon Hai Precision Industry Co's Tax Rate % for the quarter that ended in Mar. 2024 was 23.49%.

Hon Hai Precision Industry Co Tax Rate % Historical Data

The historical data trend for Hon Hai Precision Industry Co'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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Hon Hai Precision Industry Co Tax Rate % Chart

Hon Hai Precision Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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19.34

21.41

20.53

19.43

19.47

Hon Hai Precision Industry Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															33.35	25.70	17.00	12.92	23.49

Hon Hai Precision Industry Co Tax Rate % Calculation

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

Hon Hai Precision Industry Co'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 )
	=	37434.831	/	192224.213
	=	19.47 %

Hon Hai Precision Industry Co'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 )
	=	7636.096	/	32508.698
	=	23.49 %

Hon Hai Precision Industry Co Tax Rate % Related Terms

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Hon Hai Precision Industry Co (TPE:2317) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hon Hai Precision Industry Co Ltd (TPE:2317) » Definitions » Tax Rate %

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Traded in Other Exchanges

HNHPF:USA HHPDl:UK HHPD:UK HHP2:Germany

Address

No.2, Zihyou Street, Tucheng District, New Taipei, TWN, 236

Website

https://www.foxconn.com

Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products. It is the biggest supplier to Apple, whose business accounted for 55% of overall revenue in 2022. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, and metal casings for smartphones. These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet and FIH Mobile. In response to its traditional end markets of computers, smartphones, and telecom equipment maturing in 2019 it started on a strategy to develop expertise in three new growth areas—electric vehicles, digital health, and robotics.

Hon Hai Precision Industry Co (TPE:2317) Headlines

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