Fortune Valley Treasures, Inc. (FVTI) Tax Rate (2021 - 2022)
Fortune Valley Treasures' Tax Rate was -0.01% in Q2 2024, up 5.07 percentage points from -5.09% a year earlier and up 0.02 percentage points from the prior quarter.
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Analysis
Fortune Valley Treasures, Inc. (FVTI) Tax Rate (2021 - 2022) Analysis & Trends
For FY2023, Tax Rate at Fortune Valley Treasures came in at -2.31%, up 7.15 percentage points from FY2022.
- Tax Rate shows a five-year change of -1.25 percentage points (FY2018 to FY2023).
- In earlier years, Tax Rate was -9.47% in FY2022 (-20.71 pp), 11.25% in FY2021 (+20.44 pp), -9.19% in FY2020 (-9.21 pp) and 0.02% in FY2019 (+1.08 pp).
- Quarterly Tax Rate has moved between -527.91% (Q1 2023) and 25.80% (Q3 2021) over five years.
- Compared with a year earlier, Tax Rate was higher in three of the last eight quarters, with an average year-over-year change of -4.45 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q1 2024 (a gain of 527.88 percentage points); the worst was Q1 2023 (a drop of 539.21 percentage points).
- Per Business Quant data, FVTI's Tax Rate in the three quarters before Q2 2024 was -0.03% (Q1 2024), -0.07% (Q4 2023) and 0.16% (Q3 2023).
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 10.63% |
| Jun 30, 2022 | 9.36% |
| Mar 31, 2022 | 11.30% |
| Sep 30, 2021 | 25.80% |
| Jun 30, 2021 | 17.40% |
| Mar 31, 2021 | 16.51% |
API Access
Fortune Valley Treasures, Inc. Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FVTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FVTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();