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 92.26 Bn 86.49 Bn 18.44 Bn 23.13%
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 16.39%
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 25.16%
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 11.66%
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn -25.96%
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn 25.19%
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 70.59%
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn -21.36%
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn 27.76%
10 Singularity Future Technology - - -21,463.00 -

Historic Data

Download Data
DateValue
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%