Korea Gas (XKRX:036460) Tax Rate % : 46.01% (As of Dec. 2024)

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What is Korea Gas Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Korea Gas's Tax Expense for the three months ended in Dec. 2024 was ₩284,195 Mil. Korea Gas's Pre-Tax Income for the three months ended in Dec. 2024 was ₩617,739 Mil. Therefore, Korea Gas's Tax Rate % for the quarter that ended in Dec. 2024 was 46.01%.

Korea Gas Tax Rate % Historical Data

The historical data trend for Korea Gas'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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Korea Gas Tax Rate % Chart

Korea Gas Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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40.24

29.46

23.04

13.28

29.84

Korea Gas 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															15.15	35.61	-29.04	18.98	46.01

Korea Gas Tax Rate % Calculation

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

Korea Gas'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 )
	=	488623	/	1637608
	=	29.84 %

Korea Gas'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 )
	=	284195.416	/	617739.363
	=	46.01 %

Korea Gas Tax Rate % Related Terms

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Korea Gas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Korea Gas Corp (XKRX:036460) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

215 Jeongja-dong, Bundang-gu, Seongnam, KOR, 463-754

Website

http://www.kogas.or.kr

Korea Gas Corp is a Korean natural gas utility company. The Government of Korea holds a majority stake in the firm. Korea Gas Corp holds a monopoly as the country's only natural gas distributor with a nationwide network of pipelines and storage tanks. The company segments its operations into Domestic Business and Overseas Business units. The Domestic Business division encompasses Korea Gas' liquefied natural gas (LNG) purchasing, supply, storage, and pipeline distributing activities. The company primarily buys natural gas from Middle Eastern and Southeast Asian sources. Korea Gas' total revenue is split fairly evenly between the sale of natural gas to urban consumers and to the power sector. Korean housing and industrial customers represent the majority of the firm's customer base.

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