Gulf Resources (GURE) Tax Rate (2010 - 2024)
Gulf Resources (GURE) reported Tax Rate of 27.18% for Q4 2024, down 2616.0% on a YoY basis from 1.08% in Q1 2024, and down 213.2% sequentially from 24.01% in Q3 2024.
Gulf Resources (GURE) Tax Rate (2010 - 2024) Analysis & Trends
Gulf Resources (GURE) has 14 years of Tax Rate data on file, last reported at 27.18% in Q4 2024.
- For the quarter ending Q4 2024, Tax Rate fell 2616.0% year-over-year to 27.18%; the trailing twelve-month figure through Mar 2025 stood at 2.21% (down 133.0% YoY), and the FY2024 full-year result was 0.03%, down 53.0% from the prior year.
- Tax Rate fell to 27.18% in Q4 2024, from 24.01% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 68.54% in Q4 2020 to a low of 485.91% in Q4 2022.
- A 5-year average of 25.43% and a median of 13.22% in 2021 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 45025 bps in 2022 and soared 48489 bps in 2023, its largest moves.
- Tracing GURE's Tax Rate over 5 years: stood at 68.54% in 2020, then tumbled by 152 bps to 35.66% in 2021, then slumped by 1263 bps to 485.91% in 2022, then surged by 100 bps to 1.02% in 2023, then slumped by 2568 bps to 27.18% in 2024.
- Business Quant data shows GURE's Tax Rate at 27.18% in Q4 2024, 24.01% in Q3 2024, and 3.52% in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.19 Bn | 3.86 Bn | 468.00 Mn | 40.24% |
| 2 | Methanex | 4.49 Bn | 4.40 Bn | - | -301.94% |
| 3 | Olin | 2.69 Bn | 2.50 Bn | 75.80 Mn | 29.84% |
| 4 | Braskem | 1.98 Bn | -218.50 Mn | - | - |
| 5 | Rex American Resources | 1.49 Bn | 1.21 Bn | 28.91 Mn | -85.04% |
| 6 | Green Plains | 1.18 Bn | 1.01 Bn | 87.95 Mn | 8.02% |
| 7 | Tronox Holdings | 1.02 Bn | 1.04 Bn | 44.00 Mn | - |
| 8 | Lsb Industries | 880.78 Mn | 699.14 Mn | 35.79 Mn | -11.96% |
| 9 | Westlake Chemical Partners | 775.06 Mn | 730.77 Mn | 93.76 Mn | 0.22% |
| 10 | Gulf Resources | 5.03 Mn | -789,187.90 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -27.18% |
| Dec 31, 2024 | -27.18% |
| Dec 31, 2024 | -27.18% |
| 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% |
| Dec 31, 2023 | -1.02% |
| Dec 31, 2023 | -1.02% |
| Dec 31, 2023 | -1.02% |
| Dec 31, 2022 | -485.91% |
| Dec 31, 2022 | -485.91% |
| Dec 31, 2022 | -485.91% |
| Jun 30, 2022 | 24.26% |
| Jun 30, 2022 | 24.26% |
| Jun 30, 2022 | 24.26% |
| Dec 31, 2021 | -35.66% |
| Dec 31, 2021 | -35.66% |