Taoping (TAOP) Tax Rate (2011 - 2018)
Taoping (TAOP) posted quarterly Tax Rate of 2.19% for Q4 2013, up 4.0% year-over-year from 2.11% in Q4 2012, and up 1.79% quarter-over-quarter from 2.15% in Q4 2012.
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Analysis
Taoping (TAOP) Tax Rate (2011 - 2018) Analysis & Trends
Taoping (TAOP) has reported Tax Rate for 3 consecutive years, with 2.19% the latest figure, recorded in Q4 2013.
- In Q4 2013, Tax Rate rose 4.0% year-over-year to 2.19%; the TTM figure through Dec 2013 stood at 1.43% (changed N/A YoY), while the FY2024 annual figure was 0.78%, up 278.0% from the prior year.
- Tax Rate rose to 2.19% in Q4 2013 per TAOP's latest filing, from 2.15% in the prior quarter.
- Across five years, Tax Rate topped out at 2.19% in Q4 2013 and bottomed at 8.41% in Q4 2011.
- Historically, Tax Rate has averaged 1.12% across 3 years, with a median of 0.86% in 2012.
- Annual changes were most pronounced in 2012 — Tax Rate surged 1056 bps — and 2013, when it grew 4 bps.
- Taoping's Tax Rate stood at 8.41% in 2011, then jumped by 126 bps to 2.15% in 2012, then gained by 2 bps to 2.19% in 2013.
- Business Quant data shows TAOP's Tax Rate at 2.19% in Q4 2013, 2.15% in Q4 2012, and 0.42% in Q3 2012.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 24.84% |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | 50.36% |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | 1.42% |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | -13.46% |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | -35.60% |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 15.97% |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | -1.22% |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 20.21% |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | 71.11% |
| 10 | Taoping | 165,895.85 | -12.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2018 | 32.50% |
| Sep 30, 2018 | 51.77% |
| Dec 31, 2017 | -13.51% |
| Sep 30, 2017 | -0.83% |
| Jun 30, 2017 | 161.10% |
| Mar 31, 2017 | -0.28% |
| Dec 31, 2016 | 5.30% |
| Sep 30, 2016 | -0.77% |
| Dec 31, 2013 | 2.19% |
| Dec 31, 2012 | 2.15% |
| Sep 30, 2012 | -0.42% |
| Dec 31, 2011 | -8.41% |