HUTCHMED (China) (HCM) Tax Provisions (2015 - 2021)
HUTCHMED (China) (HCM) posted quarterly Tax Provisions of -$40.4 million for Q4 2021, down 90.43% quarter-over-quarter from -$21.2 million in Q2 2021.
HUTCHMED (China) (HCM) Tax Provisions (2015 - 2021) Analysis & Trends
HUTCHMED (China) (HCM) has reported Tax Provisions for 6 consecutive years, with -$40.4 million the latest figure, recorded in Q4 2021.
- In Q4 2021, Tax Provisions changed N/A year-over-year to -$40.4 million; the TTM figure through Dec 2021 stood at -$64.6 million (changed N/A YoY), while the FY2025 annual figure was -$63.6 million, down 6801.13% from the prior year.
- Tax Provisions declined to -$40.4 million in Q4 2021 per HCM's latest filing, from -$21.2 million in the prior quarter.
- Across five years, Tax Provisions topped out at $4.2 million in Q2 2018 and bottomed at -$40.4 million in Q4 2021.
- Historically, Tax Provisions has averaged -$5.0 million across 4 years, with a median of -$987000.0 in 2020.
- Annual changes were most pronounced in 2019 — Tax Provisions soared 183.64% — and 2021, when it slumped 2051.47%.
- HUTCHMED (China)'s Tax Provisions stood at $969000.0 in 2018, then sank by 173.79% to -$715000.0 in 2019, then plunged by 38.04% to -$987000.0 in 2020, then sank by 3996.96% to -$40.4 million in 2021.
- Business Quant data shows HCM's Tax Provisions at -$40.4 million in Q4 2021, -$21.2 million in Q2 2021, and -$1.9 million in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.94 Bn | 42.97 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 42.95 Bn | 39.30 Bn | 2.15 Bn | 121.00 Mn |
| 3 | Zoetis | 31.58 Bn | 29.90 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.63 Bn | 22.83 Bn | 5.10 Bn | -310.32 Mn |
| 5 | United Therapeutics | 22.16 Bn | 19.49 Bn | 683.80 Mn | 39.70 Mn |
| 6 | Viatris | 18.75 Bn | 17.86 Bn | 1.46 Bn | 54.80 Mn |
| 7 | Neurocrine Biosciences | 15.53 Bn | 15.14 Bn | 935.80 Mn | 17.80 Mn |
| 8 | Elanco Animal Health | 11.76 Bn | 11.23 Bn | 798.00 Mn | 2.00 Mn |
| 9 | Dr Reddys Laboratories | 10.11 Bn | 9.95 Bn | - | - |
| 10 | HUTCHMED (China) | 2.16 Bn | 2.16 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | -40.44 Mn |
| Jun 30, 2021 | -21.24 Mn |
| Mar 31, 2021 | -1.94 Mn |
| Jun 30, 2020 | -987,000.00 |
| Mar 31, 2020 | -1.05 Mn |
| Dec 31, 2019 | -715,000.00 |
| Sep 30, 2019 | -97,000.00 |
| Jun 30, 2019 | -3.77 Mn |
| Mar 31, 2019 | 1.31 Mn |
| Dec 31, 2018 | 969,000.00 |
| Sep 30, 2018 | 315,000.00 |
| Jun 30, 2018 | 4.25 Mn |
| Mar 31, 2018 | -1.57 Mn |
| Jun 30, 2016 | 5.93 Mn |
| Jun 30, 2015 | 4.25 Mn |