Airtac International Group (TPE:1590) Tax Rate % : 21.41% (As of Mar. 2024)

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What is Airtac International Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Airtac International Group's Tax Expense for the three months ended in Mar. 2024 was NT$498 Mil. Airtac International Group's Pre-Tax Income for the three months ended in Mar. 2024 was NT$2,327 Mil. Therefore, Airtac International Group's Tax Rate % for the quarter that ended in Mar. 2024 was 21.41%.

Airtac International Group Tax Rate % Historical Data

The historical data trend for Airtac International Group'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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Airtac International Group Tax Rate % Chart

Airtac International Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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26.37

23.62

23.17

23.15

21.71

Airtac International Group 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															22.26	20.97	21.63	22.01	21.41

Airtac International Group Tax Rate % Calculation

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

Airtac International Group'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 )
	=	1931.605	/	8897.02
	=	21.71 %

Airtac International Group'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 )
	=	498.196	/	2327.36
	=	21.41 %

Airtac International Group Tax Rate % Related Terms

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Airtac International Group (TPE:1590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Airtac International Group (TPE:1590) » Definitions » Tax Rate %

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Address

No. 28, Kanxi Road, Xinshi District, Tainan, TWN, 74148

Website

https://global.airtac.com

Established in Taiwan in 1989, AirTAC International Group specializes in producing actuators, control components, air preparation products, and accessories, which are widely used in industrial automation, including industries such as automotive, machinery manufacturing, electronics, lighting and textile, medical equipment and food and packaging. The firm is the second-largest pneumatic equipment manufacturer in China, with more than 20% market share. AirTAC reported revenue of TWD 26.1 billion in 2022, with more than 90% of sales generated from China.

Airtac International Group (TPE:1590) Headlines

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