New Momentum Corp. (NNAX) Tax Rate (2014 - 2021)

New Momentum (NNAX) posted quarterly Tax Rate of 9.61% for Q4 2021, down 54.23% quarter-over-quarter from 21.0% in Q1 2019.

New Momentum Corp. (NNAX) Tax Rate (2014 - 2021) Analysis & Trends

New Momentum's Tax Rate history runs 6 years deep, the most recent figure standing at 9.61% for Q4 2021.

In Q4 2021, Tax Rate changed N/A year-over-year to 9.61%; the TTM figure through Sep 2022 stood at 5.04% (changed N/A YoY), while the FY2021 annual figure was 4.21%, changed N/A from the prior year.
Tax Rate for Q4 2021 stood at 9.61%, down from 21.0% in the prior quarter.
The five-year high for Tax Rate was 340.78% in Q1 2017, with the low at 150.32% in Q2 2018.
The 4-year median for Tax Rate is 21.0% (2018), against an average of 61.39%.
The sharpest annual moves came in 2018 and 2019: Tax Rate sank 17409 bps in 2018, then plunged 14569 bps in 2019.
New Momentum's Tax Rate stood at 340.78% in 2017, then sank by 94 bps to 21.0% in 2018, then advanced by 0 bps to 21.0% in 2019, then tumbled by 54 bps to 9.61% in 2021.
Business Quant data shows NNAX's Tax Rate at 9.61% in Q4 2021, 21.0% in Q1 2019, and 21.0% in Q4 2018.

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