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NetEase (NTES) Tax Rate (2016 - 2020)

Historic Tax Rate for NetEase (NTES) over the last 12 years, with Q2 2020 value amounting to 18.62%.

  • NetEase's Tax Rate rose 353600.0% to 18.62% in Q2 2020 from the same period last year, while for Jun 2020 it was 49.96%, marking a year-over-year decrease of 422700.0%. This contributed to the annual value of 15.29% for FY2024, which is 14900.0% up from last year.
  • Per NetEase's latest filing, its Tax Rate stood at 18.62% for Q2 2020, which was up 353600.0% from 21.5% recorded in Q1 2020.
  • Over the past 5 years, NetEase's Tax Rate peaked at 33.96% during Q4 2018, and registered a low of 31.04% during Q1 2019.
  • Over the past 5 years, NetEase's median Tax Rate value was 10.94% (recorded in 2016), while the average stood at 3.47%.
  • Per our database at Business Quant, NetEase's Tax Rate plummeted by -570400bps in 2019 and then soared by 525400bps in 2020.
  • Over the past 5 years, NetEase's Tax Rate (Quarter) stood at 19.2% in 2016, then grew by 5bps to 18.24% in 2017, then skyrocketed by 286bps to 33.96% in 2018, then plummeted by -61bps to 13.35% in 2019, then surged by 40bps to 18.62% in 2020.
  • Its Tax Rate stands at 18.62% for Q2 2020, versus 21.5% for Q1 2020 and 13.35% for Q4 2019.