Solum Co (XKRX:248070) Tax Rate % : 37.30% (As of Mar. 2024)

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What is Solum Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Solum Co's Tax Expense for the three months ended in Mar. 2024 was ₩6,917 Mil. Solum Co's Pre-Tax Income for the three months ended in Mar. 2024 was ₩18,543 Mil. Therefore, Solum Co's Tax Rate % for the quarter that ended in Mar. 2024 was 37.30%.

Solum Co Tax Rate % Historical Data

The historical data trend for Solum 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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Solum Co Tax Rate % Chart

Solum Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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4.41

7.34

48.21

9.18

16.45

Solum 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															14.58	22.02	7.54	40.45	37.30

Solum Co Tax Rate % Calculation

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

Solum 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 )
	=	23513.085	/	142919.689
	=	16.45 %

Solum 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 )
	=	6917.239	/	18543.474
	=	37.30 %

Solum Co Tax Rate % Related Terms

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Solum Co (XKRX:248070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Solum Co Ltd (XKRX:248070) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4,5,6th Floor, 357, Guseong-ro, Giheung-gu, Gyeonggi-do, Yongin-si, KOR

Website

https://www.solu-m.com

Solum Co Ltd is engaged in providing power modules, digital tuner, and Electronic Shelf Label solutions. The product portfolio of the company includes TV Power Adapter, Server Power, LED Power, Tuner, and Keyco among others.

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