UTime (WTO) Long-Term Deferred Tax (2020 - 2023)

UTime (WTO) recorded quarterly Long-Term Deferred Tax of $476231.8 in Q1 2023, down 9.56% quarter-over-quarter from $526566.7 in Q1 2022, and down 9.56% on a YoY basis from $526566.7 in Q1 2022.

UTime (WTO) Long-Term Deferred Tax (2020 - 2023) Analysis & Trends

UTime's Long-Term Deferred Tax history runs 4 years deep, the most recent figure standing at $476231.8 for Q1 2023.

  • In Q1 2023, Long-Term Deferred Tax fell 9.56% year-over-year to $476231.8; the TTM figure through Mar 2023 stood at $476231.8 (down 9.56% YoY), while the FY2023 annual figure was $476142.4, down 9.58% from the prior year.
  • Long-Term Deferred Tax was $476231.8 for Q1 2023 at UTime, down from $526566.7 in the prior quarter.
  • In the past five years, Long-Term Deferred Tax ranged from a high of $3.7 million in Q1 2021 to a low of $394901.0 in Q1 2020.
  • Historically, Long-Term Deferred Tax has averaged $1.3 million across 4 years, with a median of $501399.3 in 2023.
  • The sharpest annual moves came in 2021 and 2022: Long-Term Deferred Tax jumped 841.44% in 2021, then slumped 85.84% in 2022.
  • A 4-year view of Long-Term Deferred Tax shows it stood at $394901.0 in 2020, then surged by 841.44% to $3.7 million in 2021, then plunged by 85.84% to $526566.7 in 2022, then fell by 9.56% to $476231.8 in 2023.
  • The last three Long-Term Deferred Tax figures came in at $476231.8 (Q1 2023), $526566.7 (Q1 2022), and $3.7 million (Q1 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Apple 4,512.87 Bn 4,444.36 Bn 54.78 Bn
2 Sonos 1.81 Bn 1.56 Bn 124.65 Mn
3 Zepp Health 1.57 Bn 1.46 Bn 34.42 Mn
4 Vuzix 282.84 Mn 261.69 Mn 375,000.00
5 Turtle Beach 243.92 Mn 231.60 Mn 11.29 Mn
6 Sony 123.02 Mn -18.93 Bn 5.96 Bn
7 UTime 102.01 Mn 101.28 Mn -
8 Axil Brands 46.07 Mn 40.55 Mn 5.04 Mn
9 Koss 37.68 Mn 18.82 Mn 1.00 Mn
10 Foxx Development Holdings 34.85 Mn 31.66 Mn -1.45 Mn

Historic Data

Download Data
DateValue
Mar 31, 2023 476,231.82
Mar 31, 2022 526,566.72
Mar 31, 2021 3.72 Mn
Mar 31, 2020 394,901.03