BioNexus Gene Lab (BGLC) Tax Rate (2018 - 2024)
BioNexus Gene Lab (BGLC) reported Tax Rate of 22.04% for Q4 2024, up 6066.0% on a YoY basis from 0.36% in Q1 2024, and up 19144.72% sequentially from 0.12% in Q3 2024.
BioNexus Gene Lab (BGLC) Tax Rate (2018 - 2024) Analysis & Trends
BioNexus Gene Lab (BGLC) has 7 years of Tax Rate data on file, last reported at 22.04% in Q4 2024.
- For the quarter ending Q4 2024, Tax Rate rose 6066.0% year-over-year to 22.04%; the trailing twelve-month figure through Sep 2025 stood at 3.92% (down 270.0% YoY), and the FY2024 full-year result was 0.99%, up 17.0% from the prior year.
- Tax Rate rose to 22.04% in Q4 2024, from 0.12% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 151.62% in Q4 2022 to a low of 2259.1% in Q4 2020.
- A 5-year average of 102.44% and a median of 0.08% in 2020 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 226007 bps in 2020 and soared 230025 bps in 2021, its largest moves.
- Tracing BGLC's Tax Rate over 5 years: stood at 2259.1% in 2020, then jumped by 102 bps to 41.15% in 2021, then jumped by 268 bps to 151.62% in 2022, then slumped by 125 bps to 38.63% in 2023, then soared by 157 bps to 22.04% in 2024.
- Business Quant data shows BGLC's Tax Rate at 22.04% in Q4 2024, 0.12% in Q3 2024, and 21.82% in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 23.49 |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 21.34 |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | -52.75 |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 17.96 |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 25.53 |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | -1.46 |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | 41.34 |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 18.66 |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 17.13 |
| 10 | BioNexus Gene Lab | 2.82 Mn | -1.14 Mn | -790.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 22.04 |
| Dec 31, 2024 | 22.04 |
| Dec 31, 2024 | 22.04 |
| Sep 30, 2024 | -0.12 |
| Sep 30, 2024 | -0.12 |
| Sep 30, 2024 | -0.12 |
| Jun 30, 2024 | 21.82 |
| Jun 30, 2024 | 21.82 |
| Jun 30, 2024 | 21.82 |
| Mar 31, 2024 | 23.98 |
| Mar 31, 2024 | 23.98 |
| Mar 31, 2024 | 23.98 |
| Dec 31, 2023 | -38.63 |
| Dec 31, 2023 | -38.63 |
| Dec 31, 2023 | -38.63 |
| Sep 30, 2023 | -3.02 |
| Sep 30, 2023 | -3.02 |
| Sep 30, 2023 | -3.02 |
| Jun 30, 2023 | -5.81 |
| Jun 30, 2023 | -5.81 |