Sea (SE) Tax Rate % : 36.75% (As of Sep. 2024)

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What is Sea Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sea's Tax Expense for the three months ended in Sep. 2024 was $93 Mil. Sea's Pre-Tax Income for the three months ended in Sep. 2024 was $252 Mil. Therefore, Sea's Tax Rate % for the quarter that ended in Sep. 2024 was 36.75%.

Sea Tax Rate % Historical Data

The historical data trend for Sea'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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Sea Tax Rate % Chart

Sea Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-6.27

-9.55

-19.41

-11.22

60.75

Sea 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															-75.34	-309.25	147.07	43.51	36.75

Sea Tax Rate % Calculation

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

Sea'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 )
	=	262.68	/	432.394
	=	60.75 %

Sea'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 )
	=	92.598	/	251.951
	=	36.75 %

Sea Tax Rate % Related Terms

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Sea Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sea Ltd (NYSE:SE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SE:Mexico 0A3T:UK 931:Germany S2EA34:Brazil

Address

1 Fusionopolis Place, No. 17-10, Galaxis, Singapore, SGP, 138522

Website

https://www.sea.com

Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce. Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value. Shopee is a hybrid C2C and B2C marketplace platform operating in Indonesia, Taiwan, Vietnam, Thailand, Malaysia, the Philippines, and Brazil. For Garena, Free Fire is the key revenue generating game. Sea's third business, SeaMoney, provides lending, payment, digital banking, and insurance services.As of March 31, 2024, Forrest Xiaodong Li, the founder, chairman and CEO, owned 59.8% of voting power and 18.5% of issued shares. Tencent owned 18.2% of issued shares with no voting power.