CTKYY (CooTek (Cayman)) Tax Rate %: 12.33% (As of Dec. 2024)

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What is CooTek (Cayman) Tax Rate %?

CooTek (Cayman) CTKYY Tax Rate % is 12.33% as of Dec. 2024. The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CooTek (Cayman)'s Tax Expense for the six months ended in Dec. 2024 was $0.01 Mil. CooTek (Cayman)'s Pre-Tax Income for the six months ended in Dec. 2024 was $0.07 Mil. Therefore, CooTek (Cayman)'s Tax Rate % for the quarter that ended in Dec. 2024 was 12.33%.

CooTek (Cayman) Tax Rate % Related Terms

CooTek (Cayman) Tax Rate % Historical Data

* Premium members only.

The historical data trend for CooTek (Cayman)'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.

CooTek (Cayman) Tax Rate % Chart

CooTek (Cayman) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only -0.01 -0.38 1.54 -0.82 12.33

CooTek (Cayman) Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate % Get a 7-Day Free Trial Premium Member Only -0.01 -0.38 1.54 -0.82 12.33

CooTek (Cayman) Tax Rate % Calculation

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

CooTek (Cayman)'s Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=0.009/0.073
=12.33 %

CooTek (Cayman)'s Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=0.009/0.073
=12.33 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 12.33% mean?
CooTek (Cayman) (CTKYY) has a Tax Rate % of 12.33% as of Dec. 2024.
Is CooTek (Cayman)'s Tax Rate % too high?
CooTek (Cayman)'s current Tax Rate % is 12.33%.
How does CooTek (Cayman)'s Tax Rate % compare to LDTCF and FYNN?
CooTek (Cayman)'s Tax Rate % of 12.33% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. CooTek (Cayman)'s current Tax Rate % is 12.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CooTek (Cayman) stock overvalued right now?
CooTek (Cayman) (CTKYY) has a current Tax Rate % of 12.33%. The stock's GF Value™ is $0.03, compared to a current price of $0.03 — trading 9.7% below its estimated fair value. The current Tax Rate % is 12.33%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For CooTek (Cayman) (CTKYY), the current Tax Rate % is 12.33% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CooTek (Cayman) Business Description

Address Lane 399, Xinlong Road, 9-11th Floor, No.16, Minhang District, Shanghai, CHN, 201101
CooTek (Cayman) Inc is a mobile internet company offering mobile applications including a portfolio of content-rich mobile applications, TouchPal Phone book and TouchPal Smart Input. Its content-rich mobile applications focus on three categories: online literature, mobile games, and scenario-based mobile apps. The company's products are Content-rich Mobile Applications that include Online literature, Mobile games, Scenario-based mobile apps such as fitness, healthcare, and phone call interface decoration; TouchPal Smart Input; and TouchPal Phonebook. It derives its majority of the revenue from the PRC.