NaaS Technology (NAAS) Tax Rate (2017 - 2020)
NaaS Technology (NAAS) reported Tax Rate of 9.80% for the quarter ended Dec 31, 2024, up 9.12 percentage points from 0.68% a year earlier and up 96.02 percentage points from the prior quarter.
NaaS Technology (NAAS) Tax Rate (2017 - 2020) Analysis & Trends
For the year ended Dec 31, 2024, NaaS Technology posted Tax Rate of -2.06%, down 2.36 percentage points from the prior year.
- Tax Rate has a five-year change of +30.78 percentage points (years ended Dec 2019 to Dec 2024).
- By year, Tax Rate came in at 0.29% in the year ended Dec 31, 2023 (+0.12 pp), 0.18% in the year ended Dec 31, 2022 (+2.28 pp), -2.11% in the year ended Dec 31, 2021 (+7.88 pp) and -9.99% in the year ended Dec 31, 2020 (+22.85 pp).
- The figure for the quarter ended Dec 31, 2024 ranks as the highest quarterly Tax Rate since the quarter ended Dec 31, 2020.
- Year over year, Tax Rate gained in two of the last eight quarters, with an average year-over-year change of -11.16 percentage points.
- The high point for year-over-year Tax Rate in five years was the quarter ended Jun 30, 2021 (a gain of 20.31 percentage points); the low point was the quarter ended Sep 30, 2024 (a drop of 86.81 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Dec 31, 2024 came in at -86.22% (quarter ended Sep 30, 2024), -6.27% (quarter ended Jun 30, 2024) and 1.19% (quarter ended Mar 31, 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 29.84% |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 0.75% |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 8.01% |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 24.61% |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | 16.88% |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 21.56% |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 13.75% |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 41.71% |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 28.32% |
| 10 | NaaS Technology | 708.33 Mn | 636.43 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2020 | 12.95% |
| Dec 31, 2019 | 9.64% |
| Sep 30, 2019 | 27.05% |
| Jun 30, 2019 | 21.57% |
| Mar 31, 2019 | 23.24% |
| Jun 30, 2018 | 26.59% |
| Jun 30, 2017 | 30.88% |
NaaS Technology Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=NAAS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "NAAS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=NAAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();