Growth Metrics

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

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DateValue
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