So Young Effective Tax Rate from 2010 to 2024

SY Stock  USD 0.81  0.06  6.90%   
So Young Effective Tax Rate yearly trend continues to be fairly stable with very little volatility. Effective Tax Rate will likely drop to -2.41 in 2024. During the period from 2010 to 2024, So Young Effective Tax Rate regression line of annual values had significance of  0.41 and arithmetic mean of (3.81). View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
(2.30)
Current Value
(2.41)
Quarterly Volatility
13.20402645
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check So Young financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among So Young's main balance sheet or income statement drivers, such as Net Interest Income of 26.5 M, Interest Income of 26.5 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.0 or PTB Ratio of 0.36. So Young financial statements analysis is a perfect complement when working with So Young Valuation or Volatility modules.
  
Check out the analysis of So Young Correlation against competitors.

Latest So Young's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of So Young International over the last few years. Effective Tax Rate is the average rate at which So Young International pre-tax profits are taxed by the government. The effective tax rate is computed by dividing So Young total tax expenses by So Young earnings before taxes. It is So Young's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in So Young's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Pretty Stable
   Effective Tax Rate   
       Timeline  

So Young Effective Tax Rate Regression Statistics

Arithmetic Mean(3.81)
Coefficient Of Variation(346.14)
Mean Deviation6.35
Median0
Standard Deviation13.20
Sample Variance174.35
Range51.6816
R-Value(0.23)
Mean Square Error178.00
R-Squared0.05
Significance0.41
Slope(0.67)
Total Sum of Squares2,441

So Young Effective Tax Rate History

2024 -2.41
2023 -2.3
2022 0.24
2021 -1.29
2020 -51.44
2019 0.22
2018 0.0544

About So Young Financial Statements

So Young investors use historical fundamental indicators, such as So Young's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in So Young. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate(2.30)(2.41)

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Additional Tools for So Young Stock Analysis

When running So Young's price analysis, check to measure So Young's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy So Young is operating at the current time. Most of So Young's value examination focuses on studying past and present price action to predict the probability of So Young's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move So Young's price. Additionally, you may evaluate how the addition of So Young to your portfolios can decrease your overall portfolio volatility.