BeOne Medicines (ONC) Long-Term Deferred Tax (2016 - 2023)

BeOne Medicines (ONC) posted quarterly Long-Term Deferred Tax of $2.0 billion for Q4 2023, down 2.38% year-over-year from $2.1 billion in Q4 2022, and down 2.38% quarter-over-quarter from $2.1 billion in Q4 2022.

BeOne Medicines (ONC) Long-Term Deferred Tax (2016 - 2023) Analysis & Trends

BeOne Medicines (ONC) has reported Long-Term Deferred Tax for 8 consecutive years, with $2.0 billion the latest figure, recorded in Q4 2023.

  • In Q4 2023, Long-Term Deferred Tax fell 2.38% year-over-year to $2.0 billion; the TTM figure through Dec 2023 stood at $2.0 billion (down 2.38% YoY), while the FY2023 annual figure was $2.0 billion, down 2.38% from the prior year.
  • Long-Term Deferred Tax eased to $2.0 billion in Q4 2023 per ONC's latest filing, from $2.1 billion in the prior quarter.
  • Across five years, Long-Term Deferred Tax topped out at $2.1 billion in Q4 2022 and bottomed at $30.5 million in Q1 2019.
  • Historically, Long-Term Deferred Tax has averaged $328.5 million across 5 years, with a median of $66.0 million in 2020.
  • Annual changes were most pronounced in 2019 — Long-Term Deferred Tax surged 155.83% — and 2023, when it fell 2.38%.
  • BeOne Medicines' Long-Term Deferred Tax stood at $37.9 million in 2019, then surged by 74.07% to $66.0 million in 2020, then surged by 61.98% to $106.8 million in 2021, then surged by 1846.59% to $2.1 billion in 2022, then slipped by 2.38% to $2.0 billion in 2023.
  • Business Quant data shows ONC's Long-Term Deferred Tax at $2.0 billion in Q4 2023, $2.1 billion in Q4 2022, and $103.4 million in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn
7 Royalty Pharma 33.72 Bn 35.84 Bn -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn
10 Roivant Sciences 26.16 Bn 26.85 Bn 1.16 Mn

Historic Data

Download Data
DateValue
Dec 31, 2023 2.03 Bn
Dec 31, 2022 2.08 Bn
Jun 30, 2022 103.43 Mn
Mar 31, 2022 115.76 Mn
Sep 30, 2021 106.84 Mn
Jun 30, 2021 79.75 Mn
Mar 31, 2021 78.22 Mn
Dec 31, 2020 65.96 Mn
Sep 30, 2020 48.01 Mn
Jun 30, 2020 39.80 Mn
Mar 31, 2020 37.94 Mn
Dec 31, 2019 37.89 Mn
Sep 30, 2019 42.15 Mn
Jun 30, 2019 31.39 Mn
Mar 31, 2019 30.53 Mn
Dec 31, 2018 29.54 Mn
Sep 30, 2018 16.47 Mn
Jun 30, 2018 16.07 Mn
Mar 31, 2018 11.99 Mn
Dec 31, 2017 7.68 Mn