Growth Metrics

Addentax (ATXG) Tax Rate (2016 - 2017)

Addentax (ATXG) has disclosed Tax Rate for 3 consecutive years, with 10.44% as the latest value for Q3 2017.

  • On a quarterly basis, Tax Rate rose 7075.0% to 10.44% in Q3 2017 year-over-year; TTM through Sep 2017 was 1852.01%, a 186773.0% increase, with the full-year FY2017 number at 56.51%, down 4151.0% from a year prior.
  • Tax Rate was 10.44% for Q3 2017 at Addentax, up from 60.31% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 10.44% in Q3 2017 to a low of 60.31% in Q3 2016.
  • A 3-year average of 16.81% and a median of 0.57% in 2015 define the central range for Tax Rate.
  • Biggest YoY gain for Tax Rate was 7075bps in 2017; the steepest drop was 7075bps in 2017.
  • Addentax's Tax Rate stood at 0.57% in 2015, then plummeted by -10555bps to 60.31% in 2016, then surged by 117bps to 10.44% in 2017.
  • Per Business Quant, the three most recent readings for ATXG's Tax Rate are 10.44% (Q3 2017), 60.31% (Q3 2016), and 0.57% (Q2 2015).