China Pharma Holdings (CPHI) Tax Rate (2010 - 2018)
China Pharma Holdings' (CPHI) quarterly Tax Rate came in at 34.3% in Q4 2018, down 108.0% on a YoY basis from 428.7% in Q4 2017, and up 331.04% quarter-over-quarter from 7.96% in Q3 2018.
Analysis
China Pharma Holdings (CPHI) Tax Rate (2010 - 2018) Analysis & Trends
China Pharma Holdings (CPHI) has reported Tax Rate for 9 consecutive years, with 34.3% the latest figure, recorded in Q4 2018.
- For the quarter ending Q4 2018, Tax Rate fell 108.0% year-over-year to 34.3%; the trailing twelve-month figure through Dec 2018 stood at 25.0% (changed 0.0% YoY), and the FY2025 full-year result was 25.0%, changed 0.0% from the prior year.
- Tax Rate grew to 34.3% in Q4 2018 per CPHI's latest filing, from 7.96% in the prior quarter.
- Across five years, Tax Rate topped out at 71.75% in Q4 2016 and bottomed at 9.71% in Q1 2018.
- Historically, Tax Rate has averaged 6.42% across 5 years, with a median of 0.28% in 2014.
- The sharpest annual moves came in 2016 and 2017: Tax Rate jumped 7364 bps in 2016, then plunged 3637 bps in 2017.
- Over 5 years, Tax Rate stood at 0.09% in 2014, then tumbled by 2273 bps to 1.89% in 2015, then surged by 3895 bps to 71.75% in 2016, then plunged by 51 bps to 35.38% in 2017, then retreated by 3 bps to 34.3% in 2018.
- According to Business Quant data, Tax Rate over the past three periods registered 34.3%, 7.96%, and 2.29% for Q4 2018, Q3 2018, and Q2 2018 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 643.26 Bn | 622.50 Bn | 17.26 Bn | 17.98% |
| 2 | AbbVie | 443.31 Bn | 436.74 Bn | 12.70 Bn | 15.47% |
| 3 | Merck | 364.74 Bn | 357.60 Bn | 12.21 Bn | -95.75% |
| 4 | Novartis Ag | 266.46 Bn | 258.77 Bn | 11.24 Bn | -23.71% |
| 5 | Pfizer | 158.57 Bn | 146.88 Bn | 10.94 Bn | 62.33% |
| 6 | Sanofi | 52.33 Bn | 44.95 Bn | 10.79 Bn | -31.96% |
| 7 | Revolution Medicines | 43.79 Bn | 43.79 Bn | - | - |
| 8 | Incyte | 25.23 Bn | 20.69 Bn | 1.57 Bn | 22.08% |
| 9 | United Therapeutics | 21.67 Bn | 19.01 Bn | 683.80 Mn | 10.65% |
| 10 | China Pharma Holdings | 31.39 Mn | 31.08 Mn | 83,566.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2018 | 34.30% |
| Sep 30, 2018 | 7.96% |
| Jun 30, 2018 | -2.29% |
| Mar 31, 2018 | -9.71% |
| Dec 31, 2017 | 35.38% |
| Sep 30, 2017 | -1.44% |
| Jun 30, 2017 | -1.35% |
| Mar 31, 2017 | -3.24% |
| Dec 31, 2016 | 71.75% |
| Sep 30, 2016 | -1.20% |
| Jun 30, 2016 | -0.88% |
| Mar 31, 2016 | 1.49% |
| Dec 31, 2015 | -1.89% |
| Sep 30, 2015 | -0.64% |
| Jun 30, 2015 | -1.69% |
| Mar 31, 2015 | 0.48% |
| Dec 31, 2014 | 0.09% |
| Sep 30, 2014 | 0.30% |
| Jun 30, 2014 | 0.22% |
| Mar 31, 2014 | 0.82% |