Gulf Resources (GURE) Tax Rate (2010 - 2024)
Gulf Resources' (GURE) quarterly Tax Rate came in at 39.86% in Q4 2024, down 4045.0% year-on-year from 1.01% in Q1 2024, and down 265.99% quarter-over-quarter from 24.01% in Q3 2024.
Gulf Resources (GURE) Tax Rate (2010 - 2024) Analysis & Trends
Gulf Resources has disclosed Tax Rate across 14 years of filings, most recently posting 39.86% for Q4 2024.
- Tax Rate for Q4 2024 came in at 39.86%, down 4045.0% year-over-year; the trailing twelve-month figure through Mar 2025 was 7.34% (down 956.0% YoY), and the FY2024 annual result was 2.88%, down 343.0% from the prior year.
- Tax Rate came in at 39.86% for Q4 2024 at Gulf Resources, down 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 39.86% in Q4 2024.
- The 5-year median for Tax Rate is 23.06% (2020), against an average of 10.71%.
- Across the five-year window, Tax Rate surged 9876 bps in 2020 and tumbled 10420 bps in 2021, its largest moves.
- Gulf Resources' Tax Rate stood at 68.54% in 2020, then slumped by 152 bps to 35.66% in 2021, then soared by 170 bps to 25.14% in 2022, then tumbled by 98 bps to 0.59% in 2023, then plunged by 6810 bps to 39.86% in 2024.
- The last three Tax Rate figures came in at 39.86% (Q4 2024), 24.01% (Q3 2024), and 0.1% (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.60 Bn | 4.26 Bn | 468.00 Mn | 40.24% |
| 2 | Methanex | 4.42 Bn | 4.43 Bn | - | - |
| 3 | Olin | 2.80 Bn | 2.60 Bn | 75.80 Mn | 29.84% |
| 4 | Rex American Resources | 1.47 Bn | 1.19 Bn | 28.91 Mn | -38.77% |
| 5 | Tronox Holdings | 1.13 Bn | 1.03 Bn | 44.00 Mn | - |
| 6 | Green Plains | 1.02 Bn | 844.99 Mn | 87.95 Mn | 7.98% |
| 7 | Lsb Industries | 860.60 Mn | 678.96 Mn | 35.79 Mn | -12.13% |
| 8 | Westlake Chemical Partners | 818.06 Mn | 773.77 Mn | 93.76 Mn | 0.22% |
| 9 | ASP Isotopes | 776.82 Mn | 496.37 Mn | 1.67 Mn | 0.12% |
| 10 | Gulf Resources | 5.40 Mn | -423,710.00 | 9.03 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -39.86% |
| Dec 31, 2024 | -39.86% |
| Sep 30, 2024 | 24.01% |
| Sep 30, 2024 | 24.01% |
| Jun 30, 2024 | -0.10% |
| Jun 30, 2024 | -0.10% |
| Mar 31, 2024 | 24.14% |
| Mar 31, 2024 | 24.14% |
| Dec 31, 2023 | 0.59% |
| Dec 31, 2023 | 0.59% |
| Sep 30, 2023 | -8.88% |
| Sep 30, 2023 | -8.88% |
| Mar 31, 2023 | 26.45% |
| Mar 31, 2023 | 26.45% |
| Sep 30, 2022 | 25.14% |
| Sep 30, 2022 | 25.14% |
| Jun 30, 2022 | 24.26% |
| Jun 30, 2022 | 24.26% |
| Dec 31, 2021 | -35.66% |
| Dec 31, 2021 | -35.66% |