Belite Bio (BLTE) Tax Rate (2023 - 2024)
Belite Bio (BLTE) recorded quarterly Tax Rate of 0.07% in Q3 2024, up 190.53% quarter-over-quarter from 0.08% in Q1 2024, and up 8.0% on a YoY basis from 0.06% in Q4 2023.
Belite Bio (BLTE) Tax Rate (2023 - 2024) Analysis & Trends
Belite Bio's Tax Rate history runs 2 years deep, the most recent figure standing at 0.07% for Q3 2024.
- In Q3 2024, Tax Rate rose 8.0% year-over-year to 0.07%; the TTM figure through Dec 2024 stood at 0.0% (up 7.0% YoY), while the FY2024 annual figure was 0.02%, up 49.0% from the prior year.
- Tax Rate was 0.07% for Q3 2024 at Belite Bio, up from 0.08% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 0.07% in Q3 2024 to a low of 0.09% in Q1 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -57.14 |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -6.79 |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 5.61 |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 17.68 |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Regeneron Pharmaceuticals | 63.43 Bn | 54.67 Bn | 3.31 Bn | 12.51 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.07% |
| Sep 30, 2024 | 0.07% |
| Mar 31, 2024 | -0.08% |
| Mar 31, 2024 | -0.08% |
| Dec 31, 2023 | 0.01% |
| Dec 31, 2023 | 0.01% |
| Sep 30, 2023 | -0.01% |
| Sep 30, 2023 | -0.01% |
| Jun 30, 2023 | -0.04% |
| Jun 30, 2023 | -0.04% |
| Mar 31, 2023 | -0.09% |
| Mar 31, 2023 | -0.09% |