Tung Ho Steel Enterprise (TPE:2006) Tax Rate % : 21.27% (As of Mar. 2024)

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What is Tung Ho Steel Enterprise Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tung Ho Steel Enterprise's Tax Expense for the three months ended in Mar. 2024 was NT$299 Mil. Tung Ho Steel Enterprise's Pre-Tax Income for the three months ended in Mar. 2024 was NT$1,406 Mil. Therefore, Tung Ho Steel Enterprise's Tax Rate % for the quarter that ended in Mar. 2024 was 21.27%.

Tung Ho Steel Enterprise Tax Rate % Historical Data

The historical data trend for Tung Ho Steel Enterprise'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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Tung Ho Steel Enterprise Tax Rate % Chart

Tung Ho Steel Enterprise Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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26.59

20.78

19.44

24.70

21.54

Tung Ho Steel Enterprise 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															20.05	25.68	22.58	18.41	21.27

Tung Ho Steel Enterprise Tax Rate % Calculation

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

Tung Ho Steel Enterprise'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 )
	=	1292.896	/	6002.021
	=	21.54 %

Tung Ho Steel Enterprise'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 )
	=	299.053	/	1405.755
	=	21.27 %

Tung Ho Steel Enterprise Tax Rate % Related Terms

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Tung Ho Steel Enterprise (TPE:2006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tung Ho Steel Enterprise Corp (TPE:2006) » Definitions » Tax Rate %

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Traded in Other Exchanges

N/A

Address

Chang-an East Road, 6th Floor, No. 9, Section 1, Taipei, TWN, 10441

Website

https://www.tunghosteel.com

Tung Ho Steel Enterprise Corp is a Taiwan-based company that is primarily engaged in the manufacturing and distribution of steel products. The company's product portfolio includes rebar, which is primarily applied in building projects, including high-rises, factories, public construction, and social welfare initiatives; steel section, which is used in buildings (steel structures) and other construction projects (bridges, ships, vehicles, and so on); and steel plate, which is broadly utilized in factories, logistics warehouses, office and residential buildings, bridges, and other buildings. Rebar and steel section account for the majority of the company's revenue. The company generates most of its sales from the Taiwan domestic market.

Tung Ho Steel Enterprise (TPE:2006) Headlines

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