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WDH (Waterdrop) Tax Rate % : -8.98% (As of Sep. 2024)


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What is Waterdrop Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Waterdrop's Tax Expense for the three months ended in Sep. 2024 was $-1.1 Mil. Waterdrop's Pre-Tax Income for the three months ended in Sep. 2024 was $12.3 Mil. Therefore, Waterdrop's Tax Rate % for the quarter that ended in Sep. 2024 was -8.98%.


Waterdrop Tax Rate % Historical Data

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

Waterdrop Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial -8.17 12.31 3.64 0.34 2.69

Waterdrop 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 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 21.33 9.64 7.74 -8.98 2.07

Waterdrop Tax Rate % Calculation

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

Waterdrop'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 )
=0.078/23.002
=0.34 %

Waterdrop'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 )
=-1.108/12.339
=-8.98 %

* 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.


Waterdrop Tax Rate % Related Terms

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Waterdrop Business Description

Traded in Other Exchanges
Address
No. 2 Lize Zhonger Road, Block C, Wangjing Science and Technology Park, Chaoyang District, Beijing, CHN, 100102
Waterdrop Inc is a technology platform dedicated to insurance and healthcare service. It is a third-party insurance platform in China in terms of life and health insurance.