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Megain Holding (Cayman) Co (HKSE:06939) Tax Rate % : 15.25% (As of Dec. 2023)


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What is Megain Holding (Cayman) Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Megain Holding (Cayman) Co's Tax Expense for the six months ended in Dec. 2023 was HK$1.6 Mil. Megain Holding (Cayman) Co's Pre-Tax Income for the six months ended in Dec. 2023 was HK$10.7 Mil. Therefore, Megain Holding (Cayman) Co's Tax Rate % for the quarter that ended in Dec. 2023 was 15.25%.


Megain Holding (Cayman) Co Tax Rate % Historical Data

The historical data trend for Megain Holding (Cayman) 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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Megain Holding (Cayman) Co Tax Rate % Chart

Megain Holding (Cayman) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 22.39 20.00 18.65 17.53 15.14

Megain Holding (Cayman) Co Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 15.18 15.49 19.10 15.08 15.25

Megain Holding (Cayman) Co Tax Rate % Calculation

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

Megain Holding (Cayman) 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 )
=4.529/29.918
=15.14 %

Megain Holding (Cayman) Co's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=1.629/10.685
=15.25 %

* 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.


Megain Holding (Cayman) Co Tax Rate % Related Terms

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Megain Holding (Cayman) Co (HKSE:06939) Business Description

Traded in Other Exchanges
N/A
Address
No. 115 Huawei Road, Block A, Floor 3, Guangdong Province, Zhuhai, CHN, 519000
Megain Holding (Cayman) Co Ltd is an investment holding company engaged in the provision of research, design, development, and sales of compatible cartridge chips based in China. The company's products are the core components of compatible cartridges, which are printer consumables designed and manufactured by third-party cartridge manufacturers and include ink cartridges for use in inkjet printers and toner cartridges for use in laser printers. Its product application includes Desktop laser printers, Desktop inkjet printers, and Commercial printers. The company derives a majority of its revenue from the People's Republic of China.
Executives
Cheng Hsien-wei 2201 Interest of corporation controlled by you
Global Megain Technology Pte. Ltd. 2101 Beneficial owner
Arista Global Ltd. 2103 Interests held jointly with another person
Lee Kuo-chang 2103 Interests held jointly with another person
Good Loyal Corporation 2101 Beneficial owner
Yu Yiding 2201 Interest of corporation controlled by you
Lam Tsz Leung 2101 Beneficial owner

Megain Holding (Cayman) Co (HKSE:06939) Headlines

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