NaaS Technology (NAAS) Tax Rate (2016 - 2024)

NaaS Technology (NAAS) posted quarterly Tax Rate of 9.8% for Q4 2024, up 912.0% year-on-year from 0.97% in Q1 2024, and up 111.37% on a QoQ basis from 86.22% in Q3 2024.

NaaS Technology (NAAS) Tax Rate (2016 - 2024) Analysis & Trends

NaaS Technology (NAAS) has reported Tax Rate for 9 consecutive years, with 9.8% the latest figure, recorded in Q4 2024.

  • Quarterly Tax Rate rose 912.0% year-over-year to 9.8% in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 2.13% (down 242.0% YoY) and the FY2024 annual result came in at 2.02%, up 231.0% from the prior year.
  • Tax Rate improved to 9.8% in Q4 2024 per NAAS's latest filing, from 86.22% in the prior quarter.
  • Over the last five years, Tax Rate for NAAS reached as high as 76.78% in Q4 2020 and fell as low as 86.22% in Q3 2024.
  • A 5-year average of 2.98% and a median of 2.1% in 2022 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2020 — Tax Rate surged 9186 bps — and 2024, when it tumbled 8681 bps.
  • Year by year, Tax Rate stood at 76.78% in 2020, then plunged by 99 bps to 0.57% in 2021, then jumped by 380 bps to 2.76% in 2022, then tumbled by 75 bps to 0.68% in 2023, then jumped by 1337 bps to 9.8% in 2024.
  • According to Business Quant data, Tax Rate over the past three periods registered 9.8%, 86.22%, and 6.27% for Q4 2024, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Caseys General Stores 32.13 Bn 31.61 Bn 1.08 Bn 23.67%
2 NaaS Technology 30.58 Bn 30.58 Bn - -
3 Williams Sonoma 28.34 Bn 27.33 Bn 1.10 Bn 24.31%
4 Ulta Beauty 23.18 Bn 22.69 Bn 1.48 Bn 24.80%
5 Best Buy 18.52 Bn 16.77 Bn 2.10 Bn 26.98%
6 Dick'S Sporting Goods 16.59 Bn 15.24 Bn 1.77 Bn 28.71%
7 MINISO Group Holding 16.05 Bn 14.98 Bn 414.86 Mn -384.43%
8 Tractor Supply 15.89 Bn 15.66 Bn 1.30 Bn 23.24%
9 Five Below 12.09 Bn 11.16 Bn 696.98 Mn 24.82%
10 Murphy USA 11.42 Bn 11.30 Bn -3.64 Bn 22.64%

Historic Data

Download Data
DateValue
Dec 31, 2024 9.80%
Dec 31, 2024 9.80%
Dec 31, 2024 9.80%
Sep 30, 2024 -86.22%
Sep 30, 2024 -86.22%
Sep 30, 2024 -86.22%
Jun 30, 2024 -6.27%
Jun 30, 2024 -6.27%
Jun 30, 2024 -6.27%
Mar 31, 2024 1.19%
Mar 31, 2024 1.19%
Mar 31, 2024 1.19%
Dec 31, 2023 0.68%
Dec 31, 2023 0.68%
Dec 31, 2023 0.68%
Sep 30, 2023 0.60%
Sep 30, 2023 0.60%
Sep 30, 2023 0.60%
Jun 30, 2023 -1.47%
Jun 30, 2023 -1.47%