DAEMO Engineering Co (XKRX:317850) Tax Rate % : 81.43% (As of Mar. 2024)

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What is DAEMO Engineering Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. DAEMO Engineering Co's Tax Expense for the three months ended in Mar. 2024 was ₩282 Mil. DAEMO Engineering Co's Pre-Tax Income for the three months ended in Mar. 2024 was ₩347 Mil. Therefore, DAEMO Engineering Co's Tax Rate % for the quarter that ended in Mar. 2024 was 81.43%.

DAEMO Engineering Co Tax Rate % Historical Data

The historical data trend for DAEMO Engineering Co'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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DAEMO Engineering Co Tax Rate % Chart

DAEMO Engineering Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-1.43

299.47

16.53

17.72

-9.45

DAEMO Engineering Co 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															20.25	21.80	16.04	19.39	81.43

DAEMO Engineering Co Tax Rate % Calculation

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

DAEMO Engineering Co'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 )
	=	21.075	/	-222.953
	=	-9.45 %

DAEMO Engineering Co'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 )
	=	282.25	/	346.603
	=	81.43 %

DAEMO Engineering Co Tax Rate % Related Terms

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DAEMO Engineering Co (XKRX:317850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » DAEMO Engineering Co Ltd (XKRX:317850) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

Sihwa National Industry Complex, 2178-5 Jeongwang-dong, Geonggi-do, Siheung, KOR, 515 2Ba

Website

http://www.daemo.co.kr

DAEMO Engineering Co Ltd is engaged in manufacturing of attachments for excavator. The company's products include Hydraulic Breaker, Concrete Crusher, Shear, Quick Coupler, and other attachments.

DAEMO Engineering Co (XKRX:317850) Headlines

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