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IOVTEC Co (ROCO:7583) Tax Rate % : 24.24% (As of Jun. 2024)


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What is IOVTEC Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. IOVTEC Co's Tax Expense for the six months ended in Jun. 2024 was NT$27 Mil. IOVTEC Co's Pre-Tax Income for the six months ended in Jun. 2024 was NT$113 Mil. Therefore, IOVTEC Co's Tax Rate % for the quarter that ended in Jun. 2024 was 24.24%.

IOVTEC Co Tax Rate % Historical Data

The historical data trend for IOVTEC 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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IOVTEC Co Tax Rate % Chart

IOVTEC Co Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
17.71 13.99 9.09

IOVTEC Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial -86.39 17.27 4.47 10.89 24.24

IOVTEC Co Tax Rate % Calculation

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

IOVTEC 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 )
=6.11/67.226
=9.09 %

IOVTEC Co's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=27.303/112.624
=24.24 %

* 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.

IOVTEC Co Tax Rate % Related Terms

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IOVTEC Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » IOVTEC Co Ltd (ROCO:7583) » Definitions » Tax Rate %
Comparable Companies
ROCO:6750 TPE:3018 TPE:7631 ROCO:7590 TPE:3052 ROCO:5548 ROCO:6179 ROCO:4550 ROCO:5547 ROCO:5516 XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP SHSE:601390 HKSE:01800 EME XPAR:EN J
Traded in Other Exchanges
N/A
Address
No. 89, Section 5, Nanjing East Road, 9th Floor, Songshan District, Taipei, TWN, 105409
Website
https://www.iog-tw.com
IOVTEC Co Ltd formerly International Ocean Vessel Technical Consuitant Co Ltd is a Taiwan based company operating offering integrated services across multiple sectors. It is a local survey company that steps into the offshore wind market in Taiwan to provide integrated offshore wind services for the country's landmark projects. The company provides the services in following areas such as Marine services and Land services. Marine services include Site Appraisal and Concept Design, Foundation Design and UXO Risk Mitigation. Land services include Track Twin, Vegetation Control and Site characterization.

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