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| Date | Value |
|---|---|
| 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% |