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Shin Steel Co (XKRX:162300) Tax Rate % : 26.21% (As of Mar. 2024)


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What is Shin Steel Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shin Steel Co's Tax Expense for the three months ended in Mar. 2024 was ₩617 Mil. Shin Steel Co's Pre-Tax Income for the three months ended in Mar. 2024 was ₩2,355 Mil. Therefore, Shin Steel Co's Tax Rate % for the quarter that ended in Mar. 2024 was 26.21%.


Shin Steel Co Tax Rate % Historical Data

The historical data trend for Shin Steel 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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Shin Steel Co Tax Rate % Chart

Shin Steel Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Get a 7-Day Free Trial 13.61 15.89 8.69 21.65 31.88

Shin Steel Co Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.82 18.53 21.14 -21.64 26.21

Shin Steel Co Tax Rate % Calculation

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

Shin Steel Co's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=2755.088/8642.87
=31.88 %

Shin Steel 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 )
=617.375/2355.336
=26.21 %

* 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.


Shin Steel Co Tax Rate % Related Terms

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Shin Steel Co (XKRX:162300) Business Description

Traded in Other Exchanges
N/A
Address
174, Mieumsandan 4-ro, Gangseo-gu, Busan, KOR
Shin Steel Co Ltd is a steel distribution company that supplies various types of products such as Cold Rolled Steel, Galvanized Steel, Alu-Zinc Steel, Pre-Painted Steel, Stainless Steel, and Tin Plate Steel.

Shin Steel Co (XKRX:162300) Headlines

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