Mayer Steel Pipe (TPE:2020) Tax Rate % : 26.22% (As of Dec. 2024)

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What is Mayer Steel Pipe Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mayer Steel Pipe's Tax Expense for the three months ended in Dec. 2024 was NT$23 Mil. Mayer Steel Pipe's Pre-Tax Income for the three months ended in Dec. 2024 was NT$90 Mil. Therefore, Mayer Steel Pipe's Tax Rate % for the quarter that ended in Dec. 2024 was 26.22%.

Mayer Steel Pipe Tax Rate % Historical Data

The historical data trend for Mayer Steel Pipe'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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Mayer Steel Pipe Tax Rate % Chart

Mayer Steel Pipe Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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12.06

14.09

21.35

19.09

16.04

Mayer Steel Pipe Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															21.79	17.20	15.99	9.22	26.22

Mayer Steel Pipe Tax Rate % Calculation

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

Mayer Steel Pipe's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	158.013	/	984.955
	=	16.04 %

Mayer Steel Pipe's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	23.494	/	89.603
	=	26.22 %

Mayer Steel Pipe Tax Rate % Related Terms

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Mayer Steel Pipe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mayer Steel Pipe Corp (TPE:2020) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

No. 2-1, Section 3, Minquan East Road, 12th Floor, Zhongshan District, Taipei, TWN, 10477

Website

https://www.mayer.com.tw

Mayer Steel Pipe Corp is engaged in the steel industry. The main business of the company and its divisions are specialized in the manufacture and sale of black steel pipes, galvanized steel pipes, and stainless steel coils for pipes. The company has five reportable segments which include the Steel department, Real estate investment department, Investment department, Mineral trade department, and Hotel services department. The majority of the revenue comes from the Steel department which is engaged in the production and sales of black steel pipes, zinc-coated steel pipes, and stainless-steel coils for pipes. Geographically it generates maximum revenue from Taiwan and the rest from Vietnam, Thailand, and other regions.

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