SES AI (SES AI) Tax Rate % : -1.28% (As of Mar. 2024)

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What is SES AI Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SES AI's Tax Expense for the three months ended in Mar. 2024 was $0.20 Mil. SES AI's Pre-Tax Income for the three months ended in Mar. 2024 was $-15.36 Mil. Therefore, SES AI's Tax Rate % for the quarter that ended in Mar. 2024 was -1.28%.

SES AI Tax Rate % Historical Data

The historical data trend for SES AI'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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SES AI Tax Rate % Chart

SES AI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

-0.74

-0.05

-0.08

-2.52

1.57

SES AI Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial											-0.89	-2.59	-1.57	12.46	-1.28

SES AI Tax Rate % Calculation

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

SES AI'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 )
	=	-0.853	/	-54.253
	=	1.57 %

SES AI'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 )
	=	0.197	/	-15.36
	=	-1.28 %

SES AI Tax Rate % Related Terms

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SES AI (SES AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SES AI Corp (NYSE:SES) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Cabot Road, Woburn, MA, USA, 01801

Website

https://www.ses.ai

SES AI Corp is engaged in the development and initial production of high-performance Lithium-Metal (Li-Metal) rechargeable battery technologies for electric vehicles (EVs), electric vehicle take-off and landing (eVTOL), and other applications. The company is an integrated Li-Metal battery manufacturer with capabilities in material, cell, module, AI-powered safety algorithms, and recycling.

Executives

Jing Nealis	officer: Chief Financial Officer	1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Rohit Makharia	officer: Pres. & Chief Op. Officer	1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Hong Gan	officer: Chief Science Officer	1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Anirvan Coomer	director	35 CABOT ROAD, WOBURN MA 01801
Yongkyu Son	officer: Chief Technology Officer	1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Kyle Pilkington	officer: Chief Legal Officer	35 CABOT ROAD, WOBURN MA 01801
Qichao Hu	director, 10 percent owner, officer: CEO & Chairman	1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Gang Li	officer: Chief Manufacturing Officer	35 CABOT ROAD, WOBURN MA 01801
Tianqi Lithium Hk Co., Ltd.	10 percent owner	NO. 10 EAST GAOPENG ROAD, CHENGDU, SICHUAN F4 610041
Joanne Ban	officer: Chief Legal & Corp. Officer	1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Robert M Friedland	director	150 BEACH ROAD #25-03, THE GATEWAY WEST, SINGAPORE U0 189720
Temasek Holdings (private) Ltd	10 percent owner	60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Tembusu Capital Pte. Ltd.	10 percent owner	60B ORCHARD ROAD #06-18, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Sk Inc.	10 percent owner	26, JONG-RO, JONGNO-GU, SEOUL M5 03188
Jangwook Choi	director	1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542