Shinpoong Pharmaceutical Co (XKRX:019170) Tax Rate % : 23.28% (As of Mar. 2024)

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What is Shinpoong Pharmaceutical Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shinpoong Pharmaceutical Co's Tax Expense for the three months ended in Mar. 2024 was ₩-780 Mil. Shinpoong Pharmaceutical Co's Pre-Tax Income for the three months ended in Mar. 2024 was ₩-3,353 Mil. Therefore, Shinpoong Pharmaceutical Co's Tax Rate % for the quarter that ended in Mar. 2024 was 23.28%.

Shinpoong Pharmaceutical Co Tax Rate % Historical Data

The historical data trend for Shinpoong Pharmaceutical 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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Shinpoong Pharmaceutical Co Tax Rate % Chart

Shinpoong Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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24.21

39.50

-28.27

-1.52

-7.17

Shinpoong Pharmaceutical 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															19.81	9.30	26.82	-39.58	23.28

Shinpoong Pharmaceutical Co Tax Rate % Calculation

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

Shinpoong Pharmaceutical 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 )
	=	3830.735	/	-53441.796
	=	-7.17 %

Shinpoong Pharmaceutical 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 )
	=	-780.408	/	-3352.637
	=	23.28 %

Shinpoong Pharmaceutical Co Tax Rate % Related Terms

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Shinpoong Pharmaceutical Co (XKRX:019170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shinpoong Pharmaceutical Co Ltd (XKRX:019170) » Definitions » Tax Rate %

Traded in Other Exchanges

019175:Korea

Address

161, Yeoksam-ro, Gangnam-gu, Seoul, KOR, 06246

Website

https://shinpoong.co.kr

Shinpoong Pharmaceutical Co Ltd specializes in manufacturing remedy drugs and also active pharmaceutical ingredients and finished products. Its products include Newsicam, Caravenal, Roxagen, Clamoxin duo, Ceroxim, and Clocin. The firm's production facilities are located at Gyeonggi-do and Cheongwon-gun.

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