Chaince Digital Holdings (CD) Tax Rate (2013 - 2019)
Chaince Digital Holdings (CD) posted quarterly Tax Rate of 35.35% for Q4 2019, up 3602.0% year-over-year from 0.95% in Q4 2018, and up 244.7% quarter-over-quarter from 10.26% in Q2 2019.
Chaince Digital Holdings (CD) Tax Rate (2013 - 2019) Analysis & Trends
Chaince Digital Holdings' Tax Rate history runs 6 years deep, the most recent figure standing at 35.35% for Q4 2019.
- In Q4 2019, Tax Rate rose 3602.0% year-over-year to 35.35%; the TTM figure through Dec 2019 stood at 0.67% (changed N/A YoY), while the FY2024 annual figure was 14.13%, up 692.0% from the prior year.
- Tax Rate for Q4 2019 stood at 35.35%, up from 10.26% in the prior quarter.
- The five-year high for Tax Rate was 35.35% in Q4 2019, with the low at 11.17% in Q1 2016.
- The 5-year median for Tax Rate is 4.78% (2016), against an average of 2.15%.
- The sharpest annual moves came in 2016 and 2019: Tax Rate slumped 873 bps in 2016, then soared 3602 bps in 2019.
- Chaince Digital Holdings' Tax Rate stood at 0.62% in 2015, then sank by 1001 bps to 6.85% in 2016, then sank by 48 bps to 10.14% in 2017, then jumped by 93 bps to 0.67% in 2018, then surged by 5378 bps to 35.35% in 2019.
- Business Quant data shows CD's Tax Rate at 35.35% in Q4 2019, 10.26% in Q2 2019, and 0.67% in Q4 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 23.07% |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 22.60% |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 23.68% |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 19.18% |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 8.10% |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 26.43% |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 23.50% |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 7.84% |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -16.38% |
| 10 | Chaince Digital Holdings | 228.05 Mn | 191.99 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | 35.35% |
| Dec 31, 2019 | 35.35% |
| Dec 31, 2019 | 35.35% |
| Jun 30, 2019 | 10.26% |
| Jun 30, 2019 | 10.26% |
| Jun 30, 2019 | 10.26% |
| Dec 31, 2018 | -0.67% |
| Dec 31, 2018 | -0.67% |
| Dec 31, 2018 | -0.67% |
| Sep 30, 2018 | -2.88% |
| Sep 30, 2018 | -2.88% |
| Sep 30, 2018 | -2.88% |
| Jun 30, 2018 | -0.55% |
| Jun 30, 2018 | -0.55% |
| Jun 30, 2018 | -0.55% |
| Mar 31, 2018 | -2.29% |
| Mar 31, 2018 | -2.29% |
| Mar 31, 2018 | -2.29% |
| Dec 31, 2017 | -10.14% |
| Dec 31, 2017 | -10.14% |