RingNet Co

RingNet Co Tax Rate

The Effective Tax Rate of RingNet Co (042500.KQ) as of Oct 29, 2026 is 20.83 %. In the previous year, Effective Tax Rate was 22.07 % — a change of -5.61% (lower).

Tax Rate

20.83 %

YoY

-5.61%

Last updated:

Effective Tax Rate of RingNet Co is 2025 20.83 % . Effective Tax Rate of RingNet Co was 2024 22.07 % . It decreases by -5.61% lower compared to the previous year.

The RingNet Co Tax Rate history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Tax Rate
Date
Tax Rate
Jan 1, 2018
27.07 KRW
Jan 1, 2019
25.24 KRW
Jan 1, 2020
26.73 KRW
Jan 1, 2021
19.12 KRW
Jan 1, 2022
24.96 KRW
Jan 1, 2023
20.41 KRW
Jan 1, 2024
22.07 KRW
Jan 1, 2025
20.83 KRW
The RingNet Co Tax Rate history
YEARTax RateYoY
20.83 %-5.61%
22.07 %+8.11%
20.41 %-18.22%
24.96 %+30.50%
19.12 %-28.46%
26.73 %+5.92%
25.24 %-6.78%
27.07 %+43.31%
18.89 %-25.35%
25.31 %+6.16%
23.84 %+9.81%
21.71 %—

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RingNet Co Stock analysis

What does RingNet Co do? RingNet Co., Ltd. generates revenue through network system integration consulting and construction services for public institutions, general enterprises, and educational institutions. The company provides telepresence systems, storage systems, Internet protocol (IP) telephony, and cloud virtualization services as part of its offerings. Its primary clients include public sector organizations, corporate entities, and educational bodies seeking comprehensive IT infrastructure solutions. The firm's service portfolio targets organizations requiring advanced network support and digital transformation capabilities. RingNet's business model focuses on delivering tailored network integration solutions to diverse institutional segments. Public institutions represent a key market segment for its consulting and construction services, while general enterprises and educational institutions leverage its telepresence and cloud virtualization offerings. The company monetizes these services through direct contracts with clients across these sectors, emphasizing technical expertise in network infrastructure development. The firm's revenue streams are derived from both one-time system integration projects and ongoing service contracts. Public institutions often require large-scale network construction, driving significant project-based income, while general enterprises and educational institutions frequently engage in recurring service agreements for telepresence and cloud solutions. This dual approach ensures steady revenue flow across different client segments. RingNet Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about RingNet Co stock

Effective Tax Rate of RingNet Co is 20.83 % in 2025.

Effective Tax Rate of RingNet Co changed from 22.07 % to 20.83 %, representing a -5.61% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Effective Tax Rate RingNet Co since 2006 – with annual values, charts, and detailed analysis.

The effective tax rate measures the actual percentage of pretax income paid in taxes. It reflects the company's tax efficiency and planning.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Effective Tax Rate's RingNet Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Effective Tax Rate's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Effective Tax Rate.

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Margins — RingNet Co

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