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

MicroCloud Hologram (HOLOW) has 3 years of Tax Rate data on file, last reported at 24.89% in Q2 2023.

• For the quarter ending Q2 2023, Tax Rate changed N/A year-over-year to 24.89%; the trailing twelve-month figure through Jun 2023 stood at 1.35% (changed N/A YoY), and the FY2024 full-year result was 4.11%, down 894.0% from the prior year.
• Tax Rate eased to 24.89% in Q2 2023, 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.
• A 3-year average of 3.86% and a median of 0.33% in 2021 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate sank 76 bps in 2022 and jumped 247 bps in 2023, its largest moves.
• Tracing HOLOW's Tax Rate over 3 years: stood at 0.05% in 2021, then sank by 1638 bps to 0.71% in 2022, then slumped by 3388 bps to 24.89% in 2023.
• Business Quant data shows HOLOW's Tax Rate at 24.89% in Q2 2023, 0.78% in Q1 2023, and 0.71% in Q4 2022.