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

Gulf Resources (GURE) reported Long-Term Deferred Tax of $5.7 million for Q3 2024, down 5.8% on a YoY basis from $6.0 million in Q4 2023, and up 32.19% sequentially from $4.3 million in Q2 2024.

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

Gulf Resources (GURE) has 13 years of Long-Term Deferred Tax data on file, last reported at $5.7 million in Q3 2024.

  • For the quarter ending Q3 2024, Long-Term Deferred Tax fell 5.8% year-over-year to $5.7 million; the trailing twelve-month figure through Sep 2024 stood at $5.7 million (down 5.8% YoY), and the FY2023 full-year result was $1.9 million, down 65.05% from the prior year.
  • Long-Term Deferred Tax climbed to $5.7 million in Q3 2024, from $4.3 million in the prior quarter.
  • In the past five years, Long-Term Deferred Tax ranged from a high of $19.3 million in Q2 2021 to a low of $1.9 million in Q4 2023.
  • A 5-year average of $10.9 million and a median of $10.6 million in 2022 frame the typical range for Long-Term Deferred Tax.
  • Across the five-year window, Long-Term Deferred Tax grew 16.62% in 2020 and plunged 65.05% in 2023, its largest moves.
  • Tracing GURE's Long-Term Deferred Tax over 5 years: stood at $18.6 million in 2020, then slumped by 30.61% to $12.9 million in 2021, then tumbled by 58.77% to $5.3 million in 2022, then sank by 65.05% to $1.9 million in 2023, then soared by 204.23% to $5.7 million in 2024.
  • Business Quant data shows GURE's Long-Term Deferred Tax at $5.7 million in Q3 2024, $4.3 million in Q2 2024, and $3.1 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Celanese 5.19 Bn 3.86 Bn 468.00 Mn
2 Methanex 4.49 Bn 4.40 Bn -
3 Olin 2.69 Bn 2.50 Bn 75.80 Mn
4 Braskem 1.98 Bn -218.50 Mn -
5 Rex American Resources 1.49 Bn 1.21 Bn 28.91 Mn
6 Green Plains 1.18 Bn 1.01 Bn 87.95 Mn
7 Tronox Holdings 1.02 Bn 1.04 Bn 44.00 Mn
8 Lsb Industries 880.78 Mn 699.14 Mn 35.79 Mn
9 Westlake Chemical Partners 775.06 Mn 730.77 Mn 93.76 Mn
10 Gulf Resources 5.03 Mn -789,187.90 -

Historic Data

Download Data
DateValue
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