Chaince Digital Holdings (CD) Tax Rate (2015 - 2019)
Chaince Digital Holdings' quarterly Tax Rate came in at 10.26% in Q2 2019, up 1081.0% year-on-year from 0.87% in Q2 2018, and up 1631.12% quarter-over-quarter from 0.67% in Q4 2018.
Chaince Digital Holdings has reported Tax Rate for 5 years, with the latest figure at 10.26% in Q2 2019.
- For the quarter ending Q2 2019, Tax Rate rose 1081.0% year-over-year to 10.26%; the trailing twelve-month figure through Sep 2019 stood at 0.8% (down 215.0% YoY), and the FY2024 full-year result was 8.03%, down 802.0% from the prior year.
- Tax Rate for Q2 2019 stood at 10.26%, up from 0.67% in the prior quarter.
- The five-year high for Tax Rate was 10.26% in Q2 2019, with the low at 11.17% in Q1 2016.
- Average Tax Rate over 5 years is 4.65%, with a median of 6.67% recorded in 2016.
- Year-over-year, Tax Rate tumbled 873 bps in 2016 and surged 1081 bps in 2019.
- Tracing CD's Tax Rate over 5 years: 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 soared by 93 bps to 0.67% in 2018, then soared by 1631 bps to 10.26% in 2019.
- The last three Tax Rate figures came in at 10.26% (Q2 2019), 0.67% (Q4 2018), and 2.88% (Q3 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 19.58 |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 13.20 |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 22.24 |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 15.82 |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 9.08 |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 2.47 |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 26.45 |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 2.46 |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 23.03 |
| 10 | Chaince Digital Holdings | 547.17 Mn | 513.35 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | 10.26 |
| Jun 30, 2019 | 10.26 |
| Dec 31, 2018 | -0.67 |
| Dec 31, 2018 | -0.67 |
| Sep 30, 2018 | -2.88 |
| Sep 30, 2018 | -2.88 |
| Jun 30, 2018 | -0.55 |
| Jun 30, 2018 | -0.55 |
| Mar 31, 2018 | -2.29 |
| Mar 31, 2018 | -2.29 |
| Dec 31, 2017 | -10.14 |
| Dec 31, 2017 | -10.14 |
| Sep 30, 2017 | -9.95 |
| Sep 30, 2017 | -9.95 |
| Jun 30, 2017 | -8.93 |
| Jun 30, 2017 | -8.93 |
| Mar 31, 2017 | -8.91 |
| Mar 31, 2017 | -8.91 |
| Dec 31, 2016 | -6.85 |
| Dec 31, 2016 | -6.85 |
| Sep 30, 2016 | -6.67 |
| Sep 30, 2016 | -6.67 |
| Jun 30, 2016 | -9.57 |
| Jun 30, 2016 | -9.57 |
| Mar 31, 2016 | -11.17 |
| Mar 31, 2016 | -11.17 |
| Dec 31, 2015 | -0.62 |
| Dec 31, 2015 | -0.62 |
| Jun 30, 2015 | -0.83 |
| Jun 30, 2015 | -0.83 |