MicroCloud Hologram (HOLO) Tax Rate (2021 - 2023)
MicroCloud Hologram (HOLO) posted Tax Rate of 24.89% for Q2 2023, down 3287.24% sequentially from 0.78% in Q1 2023.
MicroCloud Hologram (HOLO) Tax Rate (2021 - 2023) Analysis & Trends
MicroCloud Hologram has reported Tax Rate for 3 years, with the latest figure at 24.89% in Q2 2023.
- Quarterly Tax Rate changed N/A year-over-year to 24.89% in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 0.92% (changed N/A YoY) and the FY2024 annual result came in at 4.11%, down 894.0% from the prior year.
- Tax Rate eased to 24.89% in Q2 2023 per HOLO's latest filing, from 0.78% in the prior quarter.
- Over five years, Tax Rate peaked at 3.34% in Q3 2022 and troughed at 24.89% in Q2 2023.
- A 3-year average of 4.49% and a median of 0.96% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate surged 400 bps in 2022, then soared 247 bps in 2023.
- Over 3 years, Tax Rate stood at 4.24% in 2021, then surged by 94 bps to 0.24% in 2022, then slumped by 10434 bps to 24.89% in 2023.
- According to Business Quant data, Tax Rate over the past three periods registered 24.89%, 0.78%, and 0.24% for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 378.62 Bn | 372.51 Bn | 3.55 Bn | 25.30% |
| 2 | Corning | 130.23 Bn | 127.73 Bn | 1.63 Bn | 6.16% |
| 3 | TE Connectivity | 58.62 Bn | 57.38 Bn | 1.84 Bn | 22.97% |
| 4 | Flex | 40.26 Bn | 37.42 Bn | 747.00 Mn | 24.40% |
| 5 | Celestica | 34.38 Bn | 33.85 Bn | 577.50 Mn | 21.47% |
| 6 | Jabil | 33.23 Bn | 31.87 Bn | 828.00 Mn | 24.86% |
| 7 | Fabrinet | 15.93 Bn | 15.05 Bn | 158.05 Mn | 30.27% |
| 8 | Ttm Technologies | 11.85 Bn | 11.33 Bn | 211.86 Mn | -2.22% |
| 9 | Littelfuse | 10.41 Bn | 9.78 Bn | 306.06 Mn | 23.63% |
| 10 | MicroCloud Hologram | 23.04 Mn | -363.64 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -24.89% |
| Jun 30, 2023 | -24.89% |
| Jun 30, 2023 | -24.89% |
| Mar 31, 2023 | 0.78% |
| Mar 31, 2023 | 0.78% |
| Mar 31, 2023 | 0.78% |
| Dec 31, 2022 | -0.24% |
| Dec 31, 2022 | -0.24% |
| Dec 31, 2022 | -0.24% |
| Sep 30, 2022 | 3.34% |
| Sep 30, 2022 | 3.34% |
| Sep 30, 2022 | 3.34% |
| Mar 31, 2022 | -1.69% |
| Mar 31, 2022 | -1.69% |
| Mar 31, 2022 | -1.69% |
| Dec 31, 2021 | -4.24% |
| Dec 31, 2021 | -4.24% |
| Dec 31, 2021 | -4.24% |