China Pharma Holdings (CPHI) Tax Rate (2010 - 2018)
China Pharma Holdings (CPHI) reported Tax Rate of 0.88% for Q4 2018, up 110.0% on a YoY basis from 0.42% in Q4 2017, and down 88.99% quarter-over-quarter from 7.96% in Q3 2018.
China Pharma Holdings (CPHI) Tax Rate (2010 - 2018) Analysis & Trends
China Pharma Holdings has reported Tax Rate for 9 years, with the latest figure at 0.88% in Q4 2018.
- For the quarter ending Q4 2018, Tax Rate rose 110.0% year-over-year to 0.88%; the trailing twelve-month figure through Dec 2018 stood at 1.64% (up 228.0% YoY), and the FY2018 full-year result was 1.64%, up 228.0% from the prior year.
- Tax Rate for Q4 2018 stood at 0.88%, down from 7.96% in the prior quarter.
- The five-year high for Tax Rate was 7.96% in Q3 2018, with the low at 9.71% in Q1 2018.
- Historically, Tax Rate has averaged 1.03% across 5 years, with a median of 0.64% in 2015.
- The largest YoY upside for Tax Rate was 1733 bps in 2014 against a maximum downside of 2651 bps in 2014.
- China Pharma Holdings' Tax Rate stood at 0.09% in 2014, then sank by 48 bps to 0.05% in 2015, then sank by 17011 bps to 7.64% in 2016, then soared by 97 bps to 0.22% in 2017, then jumped by 496 bps to 0.88% in 2018.
- The last three Tax Rate figures came in at 0.88% (Q4 2018), 7.96% (Q3 2018), and 2.29% (Q2 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 15.33% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 20.71% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 13.63% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | -20.44% |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 19.81% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 34.48% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -7.43% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 24.29% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 9.29% |
| 10 | China Pharma Holdings | 19.13 Mn | 18.97 Mn | 285,487.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 0.88% |
| Dec 31, 2018 | 0.88% |
| Sep 30, 2018 | 7.96% |
| Sep 30, 2018 | 7.96% |
| Jun 30, 2018 | -2.29% |
| Jun 30, 2018 | -2.29% |
| Mar 31, 2018 | -9.71% |
| Mar 31, 2018 | -9.71% |
| Dec 31, 2017 | -0.22% |
| Dec 31, 2017 | -0.22% |
| Sep 30, 2017 | -1.44% |
| Sep 30, 2017 | -1.44% |
| Jun 30, 2017 | -1.35% |
| Jun 30, 2017 | -1.35% |
| Mar 31, 2017 | -3.24% |
| Mar 31, 2017 | -3.24% |
| Dec 31, 2016 | -7.64% |
| Dec 31, 2016 | -7.64% |
| Sep 30, 2016 | -1.20% |
| Sep 30, 2016 | -1.20% |