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

NaaS Technology (NAAS) reported Tax Rate of 6.27% for Q2 2024, down 480.0% year-over-year from 1.65% in Q3 2023, and down 625.06% quarter-over-quarter from 1.19% in Q1 2024.

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

NaaS Technology (NAAS) has 9 years of Tax Rate data on file, last reported at 6.27% in Q2 2024.

  • Tax Rate for Q2 2024 came in at 6.27%, down 480.0% year-over-year; the trailing twelve-month figure through Jun 2024 was 0.06% (down 90.0% YoY), and the FY2024 annual result was 2.03%, up 232.0% from the prior year.
  • Tax Rate declined to 6.27% in Q2 2024 per NAAS's latest filing, from 1.19% in the prior quarter.
  • Over five years, Tax Rate peaked at 5.31% in Q2 2021 and troughed at 76.78% in Q4 2020.
  • A 5-year average of 6.59% and a median of 0.57% in 2021 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2020 and 2021: Tax Rate tumbled 6170 bps in 2020, then surged 7735 bps in 2021.
  • A 5-year view of Tax Rate shows it stood at 76.78% in 2020, then soared by 101 bps to 0.57% in 2021, then soared by 380 bps to 2.76% in 2022, then sank by 75 bps to 0.68% in 2023, then plunged by 1019 bps to 6.27% in 2024.
  • Business Quant data shows NAAS's Tax Rate at 6.27% in Q2 2024, 1.19% in Q1 2024, and 0.68% in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 24.13%
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 24.31%
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 24.45%
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 28.71%
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 23.24%
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 26.98%
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 24.82%
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 22.64%
10 GameStop 9.92 Bn 905.02 Mn 386.80 Mn -66.10%

Historic Data

Download Data
DateValue
Jun 30, 2024 -6.27%
Jun 30, 2024 -6.27%
Mar 31, 2024 1.19%
Mar 31, 2024 1.19%
Dec 31, 2023 0.68%
Dec 31, 2023 0.68%
Sep 30, 2023 0.60%
Sep 30, 2023 0.60%
Jun 30, 2023 -1.47%
Jun 30, 2023 -1.47%
Mar 31, 2023 2.87%
Mar 31, 2023 2.87%
Dec 31, 2022 2.76%
Dec 31, 2022 2.76%
Sep 30, 2022 3.57%
Sep 30, 2022 3.57%
Jun 30, 2022 0.02%
Jun 30, 2022 0.02%
Mar 31, 2022 1.44%
Mar 31, 2022 1.44%