NaaS Technology (NAAS) Tax Rate (2016 - 2024)
NaaS Technology's (NAAS) quarterly Tax Rate came in at 9.8% in Q4 2024, up 912.0% year-over-year from 0.97% in Q1 2024, and up 111.37% quarter-over-quarter from 86.22% in Q3 2024.
Analysis
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.
- On a quarterly basis, Tax Rate rose 912.0% year-over-year to 9.8% in Q4 2024; TTM through Dec 2024 was 2.13%, a 243.0% decrease from a year earlier, with the FY2024 full-year figure at 2.06%, down 236.0% from the prior year.
- Tax Rate was 9.8% for Q4 2024 at NaaS Technology, up from 86.22% in the prior quarter.
- Over five years, Tax Rate peaked at 9.8% in Q4 2024 and troughed at 86.22% in Q3 2024.
- A 5-year average of 9.92% and a median of 0.57% in 2021 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 7735 bps in 2021 and plunged 8681 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 76.78% in 2020, then surged by 101 bps to 0.57% in 2021, then surged by 380 bps to 2.76% in 2022, then slumped by 75 bps to 0.68% in 2023, then surged by 1337 bps to 9.8% in 2024.
- The last three Tax Rate figures came in at 9.8% (Q4 2024), 86.22% (Q3 2024), and 6.27% (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ads-Tec Energy Public | 701.06 Mn | 701.06 Mn | -18.95 Mn | - |
| 2 | NaaS Technology | 648.23 Mn | 643.52 Mn | - | - |
| 3 | Wallbox | 479.30 Mn | 468.42 Mn | - | - |
| 4 | EVgo | 478.06 Mn | 624.61 Mn | 7.34 Mn | 0.54% |
| 5 | ChargePoint Holdings | 276.02 Mn | 180.29 Mn | 42.30 Mn | -4.55% |
| 6 | Ozop Energy Solutions | 114.46 Mn | 113.41 Mn | - | - |
| 7 | Blink Charging | 86.27 Mn | 52.26 Mn | 8.44 Mn | -1.07% |
| 8 | Pioneer Power Solutions | 38.95 Mn | 28.28 Mn | - | - |
| 9 | Beam Global | 29.39 Mn | 28.37 Mn | 1.53 Mn | - |
| 10 | Xchg | 22.65 Mn | 13.80 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 9.80% |
| Sep 30, 2024 | -86.22% |
| Jun 30, 2024 | -6.27% |
| Mar 31, 2024 | 1.19% |
| Dec 31, 2023 | 0.68% |
| Sep 30, 2023 | 0.60% |
| Jun 30, 2023 | -1.42% |
| Mar 31, 2023 | 2.87% |
| Dec 31, 2022 | 2.76% |
| Sep 30, 2022 | 3.57% |
| Jun 30, 2022 | 0.02% |
| Mar 31, 2022 | 1.44% |
| Dec 31, 2021 | 0.57% |
| Jun 30, 2021 | 5.31% |
| Mar 31, 2021 | -4.58% |
| Dec 31, 2020 | -76.78% |
| Sep 30, 2020 | -12.02% |
| Jun 30, 2020 | -15.00% |
| Mar 31, 2020 | -15.01% |
| Dec 31, 2019 | -15.08% |