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Wah Fu Education Group (Wah Fu Education Group) Tax Rate % : 30.56% (As of Sep. 2023)


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What is Wah Fu Education Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Wah Fu Education Group's Tax Expense for the six months ended in Sep. 2023 was $0.06 Mil. Wah Fu Education Group's Pre-Tax Income for the six months ended in Sep. 2023 was $0.18 Mil. Therefore, Wah Fu Education Group's Tax Rate % for the quarter that ended in Sep. 2023 was 30.56%.

Wah Fu Education Group Tax Rate % Historical Data

The historical data trend for Wah Fu Education Group'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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Wah Fu Education Group Tax Rate % Chart

Wah Fu Education Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial 8.70 -14.84 14.99 20.95 20.49

Wah Fu Education Group Semi-Annual Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.63 29.52 13.64 29.92 30.56

Wah Fu Education Group Tax Rate % Calculation

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

Wah Fu Education Group'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 )
=0.431/2.103
=20.49 %

Wah Fu Education Group'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 )
=0.055/0.18
=30.56 %

* 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.

Wah Fu Education Group Tax Rate % Related Terms

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Wah Fu Education Group (Wah Fu Education Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Wah Fu Education Group Ltd (NAS:WAFU) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
No. 13 Deshengmenwai Street, L207b, Hesheng Fortune Plaza, Xicheng District, Beijing, CHN, 100088
Website
https://www.edu-edu.com
Wah Fu Education Group Ltd is involved in providing online exam preparation services and related technology solutions and also produces online training course materials in China. It develops online educational materials that are offered through the cloud and that can be used for a wide range of purposes, such as standard examination preparation, professional training, and interactive programs for educational purposes other than exam preparation. Its segments are Online Education Services, and Technological Development and Operation Service. The company generates maximum revenue from the Online Education Services segment.