Gulf Resources (GURE) Tax Rate (2010 - 2022)
Gulf Resources' Tax Rate came in at -37.13% for Q4 2024, down 29.00 percentage points from -8.12% a year earlier and down 61.14 percentage points from the prior quarter.
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Analysis
Gulf Resources (GURE) Tax Rate (2010 - 2022) Analysis & Trends
For FY2024, Gulf Resources' Tax Rate was -2.83%, up 3.24 percentage points from FY2023.
- Tax Rate carries a five-year change of +9.38 percentage points (FY2019 to FY2024).
- Going back by year, Tax Rate was -6.07% in FY2023 (-45.64 pp), 39.57% in FY2022 (-77.64 pp), 117.21% in FY2021 (+105.58 pp) and 11.63% in FY2020 (+23.84 pp).
- The Q4 2024 figure represents the lowest quarterly Tax Rate since Q4 2022.
- Year-over-year, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of +105.71 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2023 (a gain of 477.79 percentage points), and the weakest in Q4 2022 (a drop of 615.03 percentage points).
- Business Quant data shows GURE's Tax Rate at 24.01% (Q3 2024), 3.52% (Q2 2024) and 24.14% (Q1 2024) in the three quarters before Q4 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 23.96% |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 6.16% |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 24.17% |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | - |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 25.11% |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 29.21% |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 21.50% |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 31.66% |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 20.01% |
| 10 | Gulf Resources | 5.55 Mn | -16.00 Mn | 2.32 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 25.14% |
| Jun 30, 2022 | 24.26% |
| Dec 31, 2021 | 129.12% |
| Sep 30, 2021 | 24.50% |
| Dec 31, 2020 | 68.54% |
| Sep 30, 2017 | 30.58% |
| Jun 30, 2017 | 25.96% |
| Mar 31, 2017 | 25.90% |
| Dec 31, 2016 | 23.07% |
| Sep 30, 2016 | 25.07% |
| Jun 30, 2016 | 24.19% |
| Mar 31, 2016 | 25.96% |
| Dec 31, 2015 | 23.54% |
| Sep 30, 2013 | 25.79% |
| Jun 30, 2013 | 27.67% |
| Mar 31, 2013 | 28.28% |
| Dec 31, 2012 | 28.30% |
| Sep 30, 2012 | 27.10% |
| Jun 30, 2012 | 25.77% |
| Mar 31, 2012 | 28.87% |
API Access
Gulf Resources Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=GURE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GURE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=GURE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();