DB Insurance Co (XKRX:005830) Tax Rate % : 23.91% (As of Mar. 2024)

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What is DB Insurance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. DB Insurance Co's Tax Expense for the three months ended in Mar. 2024 was ₩182,420 Mil. DB Insurance Co's Pre-Tax Income for the three months ended in Mar. 2024 was ₩762,935 Mil. Therefore, DB Insurance Co's Tax Rate % for the quarter that ended in Mar. 2024 was 23.91%.

DB Insurance Co Tax Rate % Historical Data

The historical data trend for DB Insurance 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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DB Insurance Co Tax Rate % Chart

DB Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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27.11

25.30

25.74

24.45

22.76

DB Insurance 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															23.26	25.72	23.17	16.66	23.91

DB Insurance Co Tax Rate % Calculation

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

DB Insurance 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 )
	=	513441.925	/	2255821.15
	=	22.76 %

DB Insurance 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 )
	=	182420.376	/	762934.843
	=	23.91 %

DB Insurance Co Tax Rate % Related Terms

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DB Insurance Co (XKRX:005830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » DB Insurance Co Ltd (XKRX:005830) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

BD Financial Center, 432, Teheran-Ro, Gangnam-Gu, Seoul, KOR, 135523

Website

https://www.idbins.com

DB Insurance Co Ltd is a global insurance and financial company that generates revenue by writing insurance premiums. The company's three separate business lines include auto, long term, and commercial. The long-term segment aims to cover injury, death, and property. The auto segment aims to cover personal accidents and physical life. The commercial segment aims to cover a wide variety of areas, including fire insurance, marine insurance, and casualty insurance. The vast majority of Dongbu's revenue is derived from its long-term segment, followed by auto.

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