GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NetEase Inc (BSP:NETE34) » Definitions » Tax Rate %

NetEase (BSP:NETE34) Tax Rate % : 16.13% (As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is NetEase Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NetEase's Tax Expense for the three months ended in Sep. 2024 was R$1,009 Mil. NetEase's Pre-Tax Income for the three months ended in Sep. 2024 was R$6,258 Mil. Therefore, NetEase's Tax Rate % for the quarter that ended in Sep. 2024 was 16.13%.

NetEase Tax Rate % Historical Data

The historical data trend for NetEase's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NetEase Tax Rate % Chart

NetEase Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.79 19.79 19.56 20.75 13.80

NetEase Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.18 13.80 16.00 16.00 16.13

NetEase Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

NetEase's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=3225.065/23370.792
=13.80 %

NetEase's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=1009.22/6257.795
=16.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NetEase Tax Rate % Related Terms

Thank you for viewing the detailed overview of NetEase's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

NetEase Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NetEase Inc (BSP:NETE34) » Definitions » Tax Rate %
Comparable Companies
EA TTWO RBLX BILI PLTK DDI GRVY GDEV SOHU GMGI TSE:7974 TSE:9766 TSE:3659 XKRX:259960 TSE:9697 ROCO:3293 SZSE:300418 HKSE:03888 SZSE:002555 TSE:9684
Traded in Other Exchanges
NETTF:USA NTES:USA NTESN:Mexico 09999:Hong Kong 4Y01:Germany 4Y01:Germany NEH:Germany NEH:Germany NTES:Austria
Address
No. 599 Wangshang Road, NetEase Building, Binjiang District, Hangzhou, CHN, 310052
Website
https://ir.netease.com
NetEase, which started on an internet portal service in 1997, is a leading online services provider in China. Its key services include online/mobile games, cloud music, media, advertising, email, live streaming, online education, and e-commerce. The company develops and operates some of the China's most popular PC client and mobile games, and it partners with global leading game developers, such as Blizzard Entertainment and Mojang (a Microsoft subsidiary).

NetEase Headlines

No Headlines