Gulf Resources (GURE) Tax Rate (2010 - 2024)
Gulf Resources (GURE) posted Tax Rate of 37.13% for Q4 2024, down 254.62% sequentially from 24.01% in Q3 2024, and down 2900.0% YoY from 1.33% in Q1 2024.
Gulf Resources (GURE) Tax Rate (2010 - 2024) Analysis & Trends
Gulf Resources has reported Tax Rate for 14 years, with the latest figure at 37.13% in Q4 2024.
- Quarterly Tax Rate fell 2900.0% year-over-year to 37.13% in Q4 2024, while the trailing twelve-month figure through Mar 2025 was 5.06% (down 113.0% YoY) and the FY2024 annual result came in at 2.83%, up 324.0% from the prior year.
- Tax Rate declined to 37.13% in Q4 2024 per GURE's latest filing, from 24.01% in the prior quarter.
- Over five years, Tax Rate peaked at 129.12% in Q4 2021 and troughed at 485.91% in Q4 2022.
- A 5-year average of 24.19% and a median of 22.98% in 2020 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 61503 bps in 2022, then surged 47779 bps in 2023.
- Over 5 years, Tax Rate stood at 68.54% in 2020, then soared by 88 bps to 129.12% in 2021, then tumbled by 476 bps to 485.91% in 2022, then soared by 98 bps to 8.12% in 2023, then sank by 357 bps to 37.13% in 2024.
- According to Business Quant data, Tax Rate over the past three periods registered 37.13%, 24.01%, and 3.52% for Q4 2024, Q3 2024, and Q2 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.14 Bn | 3.78 Bn | 618.00 Mn | 7.75% |
| 2 | Methanex | 4.55 Bn | 4.16 Bn | - | -16.54% |
| 3 | Olin | 2.12 Bn | 1.94 Bn | 170.20 Mn | 450.00% |
| 4 | Braskem | 1.59 Bn | -362.05 Mn | - | - |
| 5 | Rex American Resources | 1.47 Bn | 1.10 Bn | 29.07 Mn | 16.99% |
| 6 | Green Plains | 1.11 Bn | 864.79 Mn | 113.03 Mn | -8.89% |
| 7 | Tronox Holdings | 895.13 Mn | 701.13 Mn | 55.00 Mn | -158.21% |
| 8 | Lsb Industries | 776.55 Mn | 558.19 Mn | 11.46 Mn | 23.65% |
| 9 | Westlake Chemical Partners | 761.87 Mn | 712.54 Mn | 94.81 Mn | 0.22% |
| 10 | Gulf Resources | 4.43 Mn | 1.65 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -37.13% |
| Dec 31, 2024 | -37.13% |
| Dec 31, 2024 | -37.13% |
| Sep 30, 2024 | 24.01% |
| Sep 30, 2024 | 24.01% |
| Sep 30, 2024 | 24.01% |
| Jun 30, 2024 | 3.52% |
| Jun 30, 2024 | 3.52% |
| Jun 30, 2024 | 3.52% |
| Mar 31, 2024 | 24.14% |
| Mar 31, 2024 | 24.14% |
| Mar 31, 2024 | 24.14% |
| Dec 31, 2023 | -8.12% |
| Dec 31, 2023 | -8.12% |
| Dec 31, 2023 | -8.12% |
| Sep 30, 2023 | 21.40% |
| Sep 30, 2023 | 21.40% |
| Sep 30, 2023 | 21.40% |
| Jun 30, 2023 | 22.03% |
| Jun 30, 2023 | 22.03% |