Gaotu Techedu (FRA:18WA) Tax Rate % : -1.46% (As of Sep. 2024)

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What is Gaotu Techedu Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gaotu Techedu's Tax Expense for the three months ended in Sep. 2024 was €0.9 Mil. Gaotu Techedu's Pre-Tax Income for the three months ended in Sep. 2024 was €-59.1 Mil. Therefore, Gaotu Techedu's Tax Rate % for the quarter that ended in Sep. 2024 was -1.46%.

Gaotu Techedu Tax Rate % Historical Data

The historical data trend for Gaotu Techedu'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.

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Gaotu Techedu Tax Rate % Chart

Gaotu Techedu Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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2.43

-1.34

620.12

85.14

-0.83

Gaotu Techedu Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															8.85	-40.02	0.38	-1.46	0.03

Gaotu Techedu Tax Rate % Calculation

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

Gaotu Techedu'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 )
	=	1.369	/	1.608
	=	85.14 %

Gaotu Techedu'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 )
	=	0.865	/	-59.143
	=	-1.46 %

Gaotu Techedu Tax Rate % Related Terms

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Gaotu Techedu Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Gaotu Techedu Inc (FRA:18WA) » Definitions » Tax Rate %

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GOTU:USA GSX:Mexico 0A7G:UK

Address

10 Xibeiwang East Road, 5th Floor, Gientech Building, 17 East Zone, Haidian District, Beijing, CHN, 100193

Website

https://ir.gaotu.cn

Gaotu Techedu Inc is a technology-driven education company that provides online live courses in a large-class setting backed by its proprietary technology infrastructure. The company's segment includes the provision of education services. The company offers courses in large-class format, which amplifies the benefits of online education and allows it to rapidly expand its student base. It operates solely in the PRC and all assets are located in the PRC. The learning services that the company offers include Traditional Learning Services, Non-Academic Tutoring Services, and College Student and Adult Education Services.

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