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| Date | Value |
|---|---|
| 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% |