Singularity Future Technology (SGLY) Tax Rate (2010 - 2023)
Singularity Future Technology (SGLY) reported Tax Rate of 0.75% for Q2 2023, up 79.37% quarter-over-quarter from 3.63% in Q3 2022.
Singularity Future Technology (SGLY) Tax Rate (2010 - 2023) Analysis & Trends
Singularity Future Technology (SGLY) has 13 years of Tax Rate data on file, last reported at 0.75% in Q2 2023.
- Tax Rate for Q2 2023 came in at 0.75%, changed N/A year-over-year; the trailing twelve-month figure through Jun 2023 was 0.59% (changed N/A YoY), and the FY2025 annual result was 0.92%, changed N/A from the prior year.
- Tax Rate climbed to 0.75% in Q2 2023 per SGLY's latest filing, from 3.63% in the prior quarter.
- Over five years, Tax Rate peaked at 14.96% in Q2 2019 and troughed at 20.28% in Q1 2019.
- A 4-year average of 2.35% and a median of 2.19% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2019 and 2020: Tax Rate slumped 46129 bps in 2019, then jumped 1556 bps in 2020.
- A 4-year view of Tax Rate shows it stood at 4.23% in 2019, then jumped by 93 bps to 0.32% in 2020, then sank by 1048 bps to 3.63% in 2022, then soared by 79 bps to 0.75% in 2023.
- Business Quant data shows SGLY's Tax Rate at 0.75% in Q2 2023, 3.63% in Q3 2022, and 0.32% in Q4 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 89.45 Bn | 83.67 Bn | 18.44 Bn | 23.13 |
| 2 | Fedex | 77.01 Bn | 65.32 Bn | 20.49 Bn | 16.39 |
| 3 | Hunt J B Transport Services | 25.64 Bn | 25.64 Bn | 2.88 Bn | 25.16 |
| 4 | C. H. Robinson Worldwide | 22.16 Bn | 22.00 Bn | 1.50 Bn | 11.66 |
| 5 | Expeditors International Of Washington | 21.88 Bn | 20.56 Bn | 2.84 Bn | -25.96 |
| 6 | Landstar System | 7.06 Bn | 6.65 Bn | 1.16 Bn | 25.19 |
| 7 | GXO Logistics | 5.58 Bn | 4.82 Bn | 490.00 Mn | 70.59 |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | -21.36 |
| 9 | Pitney Bowes | 2.55 Bn | 2.24 Bn | 375.39 Mn | 27.76 |
| 10 | Singularity Future Technology | - | - | -21,463.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -0.75% |
| Jun 30, 2023 | -0.75% |
| Sep 30, 2022 | -3.63% |
| Sep 30, 2022 | -3.63% |
| Dec 31, 2020 | -0.32% |
| Dec 31, 2020 | -0.32% |
| Jun 30, 2020 | 0.16% |
| Jun 30, 2020 | 0.16% |
| Mar 31, 2020 | -4.72% |
| Mar 31, 2020 | -4.72% |
| Dec 31, 2019 | -4.23% |
| Dec 31, 2019 | -4.23% |
| Jun 30, 2019 | 14.96% |
| Jun 30, 2019 | 14.96% |
| Mar 31, 2019 | -20.28% |
| Mar 31, 2019 | -20.28% |
| Dec 31, 2018 | -14.52% |
| Dec 31, 2018 | -14.52% |
| Sep 30, 2018 | 4.91% |
| Sep 30, 2018 | 4.91% |