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
DateValue
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%