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| 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% |