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NetDragon Websoft (HKSE:00777) Tax Rate % : 56.55% (As of Jun. 2024)


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What is NetDragon Websoft Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NetDragon Websoft's Tax Expense for the six months ended in Jun. 2024 was HK$427 Mil. NetDragon Websoft's Pre-Tax Income for the six months ended in Jun. 2024 was HK$756 Mil. Therefore, NetDragon Websoft's Tax Rate % for the quarter that ended in Jun. 2024 was 56.55%.


NetDragon Websoft Tax Rate % Historical Data

The historical data trend for NetDragon Websoft'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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NetDragon Websoft Tax Rate % Chart

NetDragon Websoft 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 18.84 20.27 20.47 9.05 29.61

NetDragon Websoft Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 6.55 14.62 21.76 110.71 56.55

NetDragon Websoft Tax Rate % Calculation

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

NetDragon Websoft'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 )
=205.63/694.55
=29.61 %

NetDragon Websoft's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=427.388/755.734
=56.55 %

* 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.


NetDragon Websoft Tax Rate % Related Terms

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NetDragon Websoft Business Description

Traded in Other Exchanges
Address
58 Wenquan Branch Road, 851 Building, Fuzhou, CHN
NetDragon Websoft Inc is a Chinese holding company that engages in developing and operating online and mobile games as well as educational platforms. NetDragon's games include PC games, web-based games, mobile games, and e-sports games. PC games constitute the majority of the company's games sales. The company's game portfolio is composed of a range of games that appeal to various types of players. These games include Way of the Five, Eudemons Online, Conquer Online, Zero Online, and Heroes of Might & Magic Online. The company has operations in North America, Europe, and Asia.
Executives
Zhou Quan 2201 Interest of corporation controlled by you
Idg-accel China Growth Fund Gp Associates Ltd. 2201 Interest of corporation controlled by you
Ho Chi Sing 2201 Interest of corporation controlled by you
Liu Luyuan 2401 A concert party to an agreement to buy shares
Liu Dejian 2401 A concert party to an agreement to buy shares
Zheng Hui 2401 A concert party to an agreement to buy shares
Djm Holding Ltd. 2101 Beneficial owner
Idg-accel China Growth Fund L.p. 2101 Beneficial owner
Idg-accel China Growth Fund Associates L.p. 2201 Interest of corporation controlled by you

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