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Powernet Technologies (XKRX:037030) Tax Rate % : 16.50% (As of Mar. 2024)


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What is Powernet Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Powernet Technologies's Tax Expense for the three months ended in Mar. 2024 was ₩1,298 Mil. Powernet Technologies's Pre-Tax Income for the three months ended in Mar. 2024 was ₩7,868 Mil. Therefore, Powernet Technologies's Tax Rate % for the quarter that ended in Mar. 2024 was 16.50%.


Powernet Technologies Tax Rate % Historical Data

The historical data trend for Powernet Technologies'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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Powernet Technologies Tax Rate % Chart

Powernet Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 5.92 87.84 26.48 49.57 110.27

Powernet Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2.29 20.62 36.73 -75.23 16.50

Powernet Technologies Tax Rate % Calculation

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

Powernet Technologies'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 )
=2112.284/1915.524
=110.27 %

Powernet Technologies's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=1298.143/7867.546
=16.50 %

* 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.


Powernet Technologies Tax Rate % Related Terms

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Powernet Technologies (XKRX:037030) Business Description

Traded in Other Exchanges
N/A
Address
70, Dusan-ro, 17th hyundai Knowledge Industry Center, Geumcheon-gu, Seoul, KOR, 153-813
Powernet Technologies Corp engages in developing and manufacturing Switching Mode Power Supply (SMPS), a power supply device. It is used in all electric and electronic products such as industrial use, power generation use and medical use.

Powernet Technologies (XKRX:037030) Headlines

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