BioNexus Gene Lab (BGLC) Tax Rate (2018 - 2024)
BioNexus Gene Lab's (BGLC) quarterly Tax Rate came in at 22.04% in Q4 2024, up 6066.0% year-on-year from 0.36% in Q1 2024, and up 19144.72% quarter-over-quarter from 0.12% in Q3 2024.
BioNexus Gene Lab (BGLC) Tax Rate (2018 - 2024) Analysis & Trends
BioNexus Gene Lab has disclosed Tax Rate across 7 years of filings, most recently posting 22.04% for Q4 2024.
- Tax Rate for Q4 2024 came in at 22.04%, up 6066.0% year-over-year; the trailing twelve-month figure through Sep 2025 was 3.92% (down 270.0% YoY), and the FY2024 annual result was 0.99%, up 17.0% from the prior year.
- Tax Rate came in at 22.04% for Q4 2024 at BioNexus Gene Lab, up from 0.12% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 79.3% in Q2 2021 to a low of 2259.1% in Q4 2020.
- The 5-year median for Tax Rate is 0.08% (2020), against an average of 118.99%.
- Across the five-year window, Tax Rate tumbled 226004 bps in 2020 and surged 201821 bps in 2021, its largest moves.
- BioNexus Gene Lab's Tax Rate stood at 2259.1% in 2020, then soared by 89 bps to 240.89% in 2021, then surged by 124 bps to 58.93% in 2022, then sank by 166 bps to 38.63% in 2023, then jumped by 157 bps to 22.04% in 2024.
- The last three Tax Rate figures came in at 22.04% (Q4 2024), 0.12% (Q3 2024), and 21.82% (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 23.49 |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | -41.34 |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 21.34 |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 13.89 |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 17.96 |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 25.53 |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 18.66 |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 17.13 |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | -1.46 |
| 10 | BioNexus Gene Lab | 6.24 Mn | 2.27 Mn | -790.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 22.04% |
| Dec 31, 2024 | 22.04% |
| Sep 30, 2024 | -0.12% |
| Sep 30, 2024 | -0.12% |
| Jun 30, 2024 | 21.82% |
| Jun 30, 2024 | 21.82% |
| Mar 31, 2024 | 23.98% |
| Mar 31, 2024 | 23.98% |
| Dec 31, 2023 | -38.63% |
| Dec 31, 2023 | -38.63% |
| Sep 30, 2023 | -3.02% |
| Sep 30, 2023 | -3.02% |
| Jun 30, 2023 | -5.81% |
| Jun 30, 2023 | -5.81% |
| Mar 31, 2023 | 30.13% |
| Mar 31, 2023 | 30.13% |
| Dec 31, 2022 | 58.93% |
| Dec 31, 2022 | 58.93% |
| Sep 30, 2022 | -15.03% |
| Sep 30, 2022 | -15.03% |