NaaS Technology (NAAS) Tax Rate (2016 - 2024)
NaaS Technology (NAAS) posted quarterly Tax Rate of 9.8% for 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.
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.
- In Q4 2024, Tax Rate rose 912.0% year-over-year to 9.8%; the TTM figure through Dec 2024 stood at 2.13% (down 242.0% YoY), while the FY2024 annual figure was 2.02%, up 231.0% from the prior year.
- Tax Rate grew to 9.8% in Q4 2024 per NAAS's latest filing, from 86.22% in the prior quarter.
- Across five years, Tax Rate topped out at 76.78% in Q4 2020 and bottomed at 86.22% in Q3 2024.
- Historically, Tax Rate has averaged 2.98% across 5 years, with a median of 2.1% in 2022.
- Annual changes were most pronounced in 2020 — Tax Rate soared 9186 bps — and 2024, when it tumbled 8681 bps.
- NaaS Technology's Tax Rate stood at 76.78% in 2020, then tumbled by 99 bps to 0.57% in 2021, then jumped by 380 bps to 2.76% in 2022, then slumped by 75 bps to 0.68% in 2023, then jumped by 1337 bps to 9.8% in 2024.
- Business Quant data shows NAAS's Tax Rate at 9.8% in Q4 2024, 86.22% in Q3 2024, and 6.27% in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.86 Bn | 30.34 Bn | 1.08 Bn | 23.67% |
| 2 | Williams Sonoma | 28.83 Bn | 27.81 Bn | 1.10 Bn | 24.31% |
| 3 | Ulta Beauty | 22.86 Bn | 22.64 Bn | 1.27 Bn | 23.80% |
| 4 | Tractor Supply | 18.25 Bn | 18.02 Bn | 1.68 Bn | 19.84% |
| 5 | Best Buy | 18.12 Bn | 16.37 Bn | 2.10 Bn | 26.98% |
| 6 | Dick'S Sporting Goods | 16.18 Bn | 15.18 Bn | 1.68 Bn | 28.34% |
| 7 | Five Below | 13.82 Bn | 12.71 Bn | 478.64 Mn | 24.27% |
| 8 | Murphy USA | 10.46 Bn | 10.28 Bn | 746.50 Mn | 24.68% |
| 9 | Bath & Body Works | 4.03 Bn | 3.08 Bn | 1.24 Bn | 25.09% |
| 10 | NaaS Technology | 10.19 Mn | -1.15 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |