Origin Agritech (SEED) Tax Rate (2009 - 2023)
Origin Agritech's (SEED) quarterly Tax Rate came in at 1.03% in Q3 2023, up 110.0% year-over-year from 0.49% in Q3 2022, and up 118.75% quarter-over-quarter from 5.51% in Q1 2023.
Analysis
Origin Agritech (SEED) Tax Rate (2009 - 2023) Analysis & Trends
Origin Agritech (SEED) has reported Tax Rate for 12 consecutive years, with 1.03% the latest figure, recorded in Q3 2023.
- On a quarterly basis, Tax Rate rose 110.0% year-over-year to 1.03% in Q3 2023; TTM through Sep 2023 was 0.99%, a 28.0% decrease from a year earlier, with the FY2025 full-year figure at 0.5%, down 84.0% from the prior year.
- Tax Rate was 1.03% for Q3 2023 at Origin Agritech, up from 5.51% in the prior quarter.
- Over five years, Tax Rate peaked at 1.03% in Q3 2023 and troughed at 5.51% in Q1 2023.
- A 4-year average of 0.56% and a median of 0.28% in 2021 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate dropped 27 bps in 2021 and jumped 110 bps in 2023, its largest moves.
- Over 4 years, Tax Rate stood at 0.41% in 2020, then slumped by 66 bps to 0.14% in 2021, then jumped by 332 bps to 0.61% in 2022, then surged by 71 bps to 1.03% in 2023.
- The last three Tax Rate figures came in at 1.03% (Q3 2023), 5.51% (Q1 2023), and 0.61% (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Corteva | 56.80 Bn | 54.44 Bn | 3.66 Bn | 25.11% |
| 2 | Fmc | 1.54 Bn | 1.07 Bn | 342.10 Mn | 0.77% |
| 3 | Cibus | 122.04 Mn | 101.61 Mn | - | -0.03% |
| 4 | American Vanguard | 64.46 Mn | 20.56 Mn | 34.71 Mn | -4.04% |
| 5 | Bioceres Crop Solutions | 27.19 Mn | 12.29 Mn | 12.70 Mn | -22.86% |
| 6 | Genvor | 24.90 Mn | 24.70 Mn | - | - |
| 7 | Origin Agritech | 7.64 Mn | 4.07 Mn | - | - |
| 8 | SenesTech | 4.67 Mn | -413,515.58 | 567,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 1.03% |
| Mar 31, 2023 | -5.51% |
| Dec 31, 2022 | 0.61% |
| Sep 30, 2022 | -0.07% |
| Dec 31, 2021 | 0.14% |
| Dec 31, 2020 | 0.41% |
| Dec 31, 2016 | 4.90% |
| Sep 30, 2016 | 24.20% |
| Jun 30, 2016 | 0.07% |
| Mar 31, 2016 | 0.13% |
| Dec 31, 2015 | 5.28% |
| Sep 30, 2015 | 20.01% |
| Jun 30, 2015 | 0.19% |
| Mar 31, 2015 | 0.12% |
| Dec 31, 2014 | 4.45% |
| Jun 30, 2014 | 4.68% |
| Sep 30, 2013 | -3.13% |
| Jun 30, 2013 | -24.01% |
| Mar 31, 2013 | 5.81% |
| Dec 31, 2012 | 0.93% |