L&K Biomed Co (XKRX:156100) Tax Rate % : 34.54% (As of Mar. 2024)

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What is L&K Biomed Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. L&K Biomed Co's Tax Expense for the three months ended in Mar. 2024 was ₩943 Mil. L&K Biomed Co's Pre-Tax Income for the three months ended in Mar. 2024 was ₩2,731 Mil. Therefore, L&K Biomed Co's Tax Rate % for the quarter that ended in Mar. 2024 was 34.54%.

L&K Biomed Co Tax Rate % Historical Data

The historical data trend for L&K Biomed 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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L&K Biomed Co Tax Rate % Chart

L&K Biomed Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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16.38

-15.51

-53.38

0.40

19.00

L&K Biomed 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															8.78	16.13	2.36	14.66	34.54

L&K Biomed Co Tax Rate % Calculation

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

L&K Biomed 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 )
	=	-1228.779	/	-6468.017
	=	19.00 %

L&K Biomed 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 )
	=	943.252	/	2731.047
	=	34.54 %

L&K Biomed Co Tax Rate % Related Terms

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L&K Biomed Co (XKRX:156100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » L&K Biomed Co Ltd (XKRX:156100) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Floor, 159-1, Mokdongseo-ro, Yangcheon-gu, Seoul, KOR

Website

http://www.lnkbiomed.com

L&K Biomed Co Ltd is a medical device manufacturer. The company develops, manufactures and markets orthopedic spinal implant of medical devices. Its products are Anterior Cervical plate, Posterior cervical fixation, and Anteiro cervical cage system.

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