MicroCloud Hologram (HOLOW) Tax Rate (2021 - 2023)

MicroCloud Hologram's (HOLOW) quarterly Tax Rate came in at 24.89% in Q2 2023, down 3287.24% quarter-over-quarter from 0.78% in Q1 2023.

MicroCloud Hologram (HOLOW) Tax Rate (2021 - 2023) Analysis & Trends

MicroCloud Hologram has disclosed Tax Rate across 3 years of filings, most recently posting 24.89% for Q2 2023.

  • Tax Rate for Q2 2023 came in at 24.89%, changed N/A year-over-year; the trailing twelve-month figure through Jun 2023 was 0.92% (changed N/A YoY), and the FY2024 annual result was 0.64%, up 52.0% from the prior year.
  • Tax Rate came in at 24.89% for Q2 2023 at MicroCloud Hologram, down from 0.78% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 3.34% in Q3 2022 to a low of 24.89% in Q2 2023.
  • The 3-year median for Tax Rate is 0.96% (2022), against an average of 4.14%.
  • Across the five-year window, Tax Rate surged 188 bps in 2022 and jumped 247 bps in 2023, its largest moves.
  • MicroCloud Hologram's Tax Rate stood at 2.11% in 2021, then jumped by 89 bps to 0.24% in 2022, then slumped by 10434 bps to 24.89% in 2023.
  • The last three Tax Rate figures came in at 24.89% (Q2 2023), 0.78% (Q1 2023), and 0.24% (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Amphenol 170.58 Bn 165.55 Bn 2.80 Bn 42.68%
2 Corning 152.19 Bn 150.97 Bn 1.53 Bn 22.87%
3 TE Connectivity 62.31 Bn 61.34 Bn 1.75 Bn 9.24%
4 Flex 56.36 Bn 54.72 Bn 702.00 Mn 20.63%
5 Celestica 42.71 Bn 42.33 Bn 437.20 Mn 27.55%
6 Jabil 37.62 Bn 35.80 Bn 746.00 Mn 26.00%
7 Fabrinet 22.26 Bn 21.31 Bn 144.34 Mn 6.73%
8 Ttm Technologies 17.40 Bn 16.99 Bn 181.18 Mn 14.59%
9 Sanmina 13.70 Bn 12.12 Bn 353.79 Mn 25.41%
10 MicroCloud Hologram - - - -

Historic Data

Download Data
DateValue
Jun 30, 2023 -24.89%
Jun 30, 2023 -24.89%
Mar 31, 2023 0.78%
Mar 31, 2023 0.78%
Dec 31, 2022 -0.24%
Dec 31, 2022 -0.24%
Sep 30, 2022 3.34%
Sep 30, 2022 3.34%
Mar 31, 2022 -1.69%
Mar 31, 2022 -1.69%
Dec 31, 2021 -2.11%
Dec 31, 2021 -2.11%