Gulf Resources (GURE) Long-Term Deferred Tax (2011 - 2024)
Gulf Resources (GURE) reported Long-Term Deferred Tax of $5.66 million for Q3 2024, down 5.8% from $6 million a year earlier but up 32.2% from the prior quarter.
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Analysis
Gulf Resources (GURE) Long-Term Deferred Tax (2011 - 2024) Analysis & Trends
At the end of FY2023, Gulf Resources posted Long-Term Deferred Tax of $1.86 million, down 65.0% from FY2022.
- Long-Term Deferred Tax has declined for three consecutive years, with a five-year compound annual growth rate of -37.2% (FY2018 to FY2023).
- By year, Long-Term Deferred Tax came in at $5.32 million in FY2022 (-58.8%), $12.9 million in FY2021 (-30.6%), $18.59 million in FY2020 (+16.6%) and $15.94 million in FY2019 (-16.2%).
- Five-year quarterly Long-Term Deferred Tax spans a low of $1.86 million in Q4 2023 and a high of $19.25 million in Q2 2021.
- Year over year, Long-Term Deferred Tax has now declined in each of the last 13 quarters, with an average decline of 39.4% over the last eight quarters.
- The high point for year-over-year Long-Term Deferred Tax in five years was Q3 2020 (growth of 34.0%); the low point was Q4 2023 (a decline of 65.0%).
- Per Business Quant data, the three quarters before Q3 2024 came in at $4.28 million (Q2 2024), $3.11 million (Q1 2024) and $1.86 million (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn |
| 10 | Gulf Resources | 5.55 Mn | -16.00 Mn | 2.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 5.66 Mn |
| Jun 30, 2024 | 4.28 Mn |
| Mar 31, 2024 | 3.11 Mn |
| Dec 31, 2023 | 1.86 Mn |
| Sep 30, 2023 | 6.00 Mn |
| Jun 30, 2023 | 5.29 Mn |
| Mar 31, 2023 | 5.72 Mn |
| Dec 31, 2022 | 5.32 Mn |
| Sep 30, 2022 | 7.08 Mn |
| Jun 30, 2022 | 10.58 Mn |
| Mar 31, 2022 | 12.90 Mn |
| Dec 31, 2021 | 12.90 Mn |
| Sep 30, 2021 | 17.40 Mn |
| Jun 30, 2021 | 19.25 Mn |
| Mar 31, 2021 | 19.13 Mn |
| Dec 31, 2020 | 18.59 Mn |
| Sep 30, 2020 | 18.03 Mn |
| Jun 30, 2020 | 17.50 Mn |
| Mar 31, 2020 | 16.80 Mn |
| Dec 31, 2019 | 15.94 Mn |
API Access
Gulf Resources Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=GURE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "GURE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=GURE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();