Singularity Future Technology (SGLY) Tax Rate (2010 - 2023)

Singularity Future Technology (SGLY) posted quarterly Tax Rate of 102.69% for Q4 2023, down 13599.31% quarter-over-quarter from 0.75% in Q2 2023.

Singularity Future Technology (SGLY) Tax Rate (2010 - 2023) Analysis & Trends

Singularity Future Technology (SGLY) has reported Tax Rate for 13 consecutive years, with 102.69% the latest figure, recorded in Q4 2023.

In Q4 2023, Tax Rate changed N/A year-over-year to 102.69%; the TTM figure through Dec 2023 stood at 6.18% (down 570.0% YoY), while the FY2025 annual figure was 0.92%, changed N/A from the prior year.
Tax Rate fell to 102.69% in Q4 2023 per SGLY's latest filing, from 0.75% in the prior quarter.
Across five years, Tax Rate topped out at 0.16% in Q2 2020 and bottomed at 102.69% in Q4 2023.
Historically, Tax Rate has averaged 17.32% across 4 years, with a median of 4.23% in 2019.
Annual changes were most pronounced in 2019 — Tax Rate plunged 7523 bps — and 2020, when it surged 2270 bps.
Singularity Future Technology's Tax Rate stood at 4.23% in 2019, then surged by 93 bps to 0.32% in 2020, then slumped by 1048 bps to 3.63% in 2022, then plunged by 2727 bps to 102.69% in 2023.
Business Quant data shows SGLY's Tax Rate at 102.69% in Q4 2023, 0.75% in Q2 2023, and 3.63% in Q3 2022.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	United Parcel Service	86.89 Bn	82.23 Bn	19.65 Bn	20.63%
2	Fedex	77.23 Bn	63.91 Bn	18.84 Bn	24.21%
3	Hunt J B Transport Services	25.91 Bn	25.90 Bn	-	25.40%
4	Expeditors International Of Washington	24.62 Bn	23.58 Bn	1.09 Bn	25.44%
5	ZTO Express (Cayman)	17.03 Bn	12.62 Bn	469.01 Mn	-21.36%
6	C. H. Robinson Worldwide	16.77 Bn	16.62 Bn	1.11 Bn	21.47%
7	Landstar System	6.33 Bn	5.98 Bn	308.86 Mn	25.17%
8	GXO Logistics	5.25 Bn	4.48 Bn	508.00 Mn	43.75%
9	Pitney Bowes	2.24 Bn	1.96 Bn	296.14 Mn	23.79%
10	Singularity Future Technology	1.01 Mn	-18.30 Mn	-21,463.00	-

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