SEATech Ventures (SEAV) Tax Rate (2019 - 2024)

SEATech Ventures (SEAV) posted Tax Rate of 51.66% for Q2 2024, up 35.74% on a QoQ basis from 38.06% in Q1 2024, and down 3589.0% year-over-year from 1.48% in Q3 2023.

SEATech Ventures (SEAV) Tax Rate (2019 - 2024) Analysis & Trends

SEATech Ventures' Tax Rate history runs 6 years deep, the most recent figure standing at 51.66% for Q2 2024.

  • Quarterly Tax Rate fell 3589.0% year-over-year to 51.66% in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 43.91% (down 2375.0% YoY) and the FY2023 annual result came in at 49.72%, down 1271.0% from the prior year.
  • Tax Rate was 51.66% for Q2 2024 at SEATech Ventures, up from 38.06% in the prior quarter.
  • Across five years, Tax Rate topped out at 181.22% in Q1 2023 and bottomed at 88.28% in Q2 2022.
  • A 5-year average of 43.42% and a median of 40.01% in 2023 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2021 — Tax Rate tumbled 18571 bps — and 2023, when it jumped 17584 bps.
  • SEATech Ventures' Tax Rate stood at 47.9% in 2020, then dropped by 28 bps to 34.6% in 2021, then surged by 166 bps to 92.19% in 2022, then plunged by 52 bps to 44.32% in 2023, then advanced by 17 bps to 51.66% in 2024.
  • Business Quant data shows SEAV's Tax Rate at 51.66% in Q2 2024, 38.06% in Q1 2024, and 44.32% in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 12.63%
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 24.19%
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -8.48%
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 29.49%
5 Cgi 41.25 Bn 40.60 Bn - 28.00%
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 40.93%
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 23.99%
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -22.49%
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 18.88%
10 SEATech Ventures 4.63 Mn 4.63 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2024 51.66%
Jun 30, 2024 51.66%
Jun 30, 2024 51.66%
Mar 31, 2024 38.06%
Mar 31, 2024 38.06%
Mar 31, 2024 38.06%
Dec 31, 2023 44.32%
Dec 31, 2023 44.32%
Dec 31, 2023 44.32%
Sep 30, 2023 41.96%
Sep 30, 2023 41.96%
Sep 30, 2023 41.96%
Jun 30, 2023 87.55%
Jun 30, 2023 87.55%
Jun 30, 2023 87.55%
Mar 31, 2023 181.22%
Mar 31, 2023 181.22%
Mar 31, 2023 181.22%
Dec 31, 2022 92.19%
Dec 31, 2022 92.19%