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Formosa Plastics (TPE:1301) Tax Rate % : -1.60% (As of Jun. 2024)


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What is Formosa Plastics Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Formosa Plastics's Tax Expense for the three months ended in Jun. 2024 was NT$-21 Mil. Formosa Plastics's Pre-Tax Income for the three months ended in Jun. 2024 was NT$1,343 Mil. Therefore, Formosa Plastics's Tax Rate % for the quarter that ended in Jun. 2024 was -1.60%.

Formosa Plastics Tax Rate % Historical Data

The historical data trend for Formosa Plastics'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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Formosa Plastics Tax Rate % Chart

Formosa Plastics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.59 17.09 16.99 17.47 -4.87

Formosa Plastics Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -14.16 2.43 14.17 38.78 -1.60

Formosa Plastics Tax Rate % Calculation

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

Formosa Plastics'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 )
=-341.078/6996.631
=-4.87 %

Formosa Plastics's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=-21.492/1343.099
=-1.60 %

* 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.

Formosa Plastics Tax Rate % Related Terms

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Formosa Plastics Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Formosa Plastics Corp (TPE:1301) » Definitions » Tax Rate %
Comparable Companies
TPE:1303 TPE:1314 TPE:1717 TPE:4770 TPE:4766 TPE:1304 TPE:2103 TPE:2104 TPE:2108 TPE:1308 LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
201, Tung Hwa North Road, 4th Floor, Taipei, TWN, 814
Website
https://www.fpc.com.tw
Formosa Plastics Corp is a holding company that, through its subsidiaries, manufactures and sells plastic-based products, chemical fibers, and petrochemicals. The company operates in six reportable segments: Plastics Division, Polyolefins Division, Polypropylene Division, Tairylan Division, Chemistry Division, and Other Divisions. The company operates in Asia, including Taiwan, and mainland China, among others.

Formosa Plastics Headlines

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