Envirotech Vehicles (EVTV) Tax Rate (2017 - 2021)
Envirotech Vehicles (EVTV) posted quarterly Tax Rate of 0.28% for Q3 2021, up 99.43% on a QoQ basis from 49.59% in Q1 2021.
Envirotech Vehicles (EVTV) Tax Rate (2017 - 2021) Analysis & Trends
Envirotech Vehicles (EVTV) has reported Tax Rate for 3 consecutive years, with 0.28% the latest figure, recorded in Q3 2021.
- In Q3 2021, Tax Rate changed N/A year-over-year to 0.28%; the TTM figure through Jun 2022 stood at 0.02% (up 1400.0% YoY), while the FY2021 annual figure was 2.97%, down 3426.0% from the prior year.
- Tax Rate came in at 0.28% for Q3 2021 at Envirotech Vehicles, up from 49.59% in the prior quarter.
- The five-year high for Tax Rate was 0.01% in Q3 2017, with the low at 49.59% in Q1 2021.
- Average Tax Rate over 3 years is 10.02%, with a median of 0.13% recorded in 2017.
- The largest YoY upside for Tax Rate was 5 bps in 2018 against a maximum downside of 5 bps in 2018.
- Year by year, Tax Rate stood at 0.01% in 2017, then tumbled by 781 bps to 0.07% in 2018, then tumbled by 284 bps to 0.28% in 2021.
- According to Business Quant data, Tax Rate over the past three periods registered 0.28%, 49.59%, and 0.07% for Q3 2021, Q1 2021, and Q1 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 34.36% |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 12.40% |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 19.18% |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | 0.64% |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 0.48% |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -12.50% |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | 3.79% |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -0.12% |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -0.02% |
| 10 | Envirotech Vehicles | 22.94 Mn | 20.92 Mn | -188,612.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2021 | -0.28 |
| Sep 30, 2021 | -0.28 |
| Mar 31, 2021 | -49.59 |
| Mar 31, 2021 | -49.59 |
| Mar 31, 2018 | -0.07 |
| Mar 31, 2018 | -0.07 |
| Sep 30, 2017 | -0.01 |
| Sep 30, 2017 | -0.01 |
| Mar 31, 2017 | -0.13 |
| Mar 31, 2017 | -0.13 |