Gulf Resources (GURE) Long-Term Deferred Tax (2011 - 2024)

Gulf Resources has reported Long-Term Deferred Tax for 13 years, with the latest figure at $5.7 million in Q3 2024.

• Quarterly Long-Term Deferred Tax fell 5.8% year-over-year to $5.7 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $5.7 million (down 5.8% YoY) and the FY2023 annual result came in at $1.9 million, down 65.05% from the prior year.
• Long-Term Deferred Tax climbed to $5.7 million in Q3 2024 per GURE's latest filing, from $4.3 million in the prior quarter.
• Over five years, Long-Term Deferred Tax peaked at $25.7 million in Q1 2020 and troughed at $1.9 million in Q4 2023.
• A 5-year average of $11.4 million and a median of $10.6 million in 2022 frame the typical range for Long-Term Deferred Tax.
• The sharpest annual moves came in 2020 and 2023: Long-Term Deferred Tax gained 21.48% in 2020, then slumped 65.05% in 2023.
• Over 5 years, Long-Term Deferred Tax stood at $18.6 million in 2020, then sank by 30.61% to $12.9 million in 2021, then slumped by 58.77% to $5.3 million in 2022, then plunged by 65.05% to $1.9 million in 2023, then soared by 204.23% to $5.7 million in 2024.
• According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $5.7 million, $4.3 million, and $3.1 million for Q3 2024, Q2 2024, and Q1 2024 respectively.