Gulf Resources (FRA:R29B) Tax Rate % : 24.02% (As of Sep. 2024)

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What is Gulf Resources Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gulf Resources's Tax Expense for the three months ended in Sep. 2024 was €-1.00 Mil. Gulf Resources's Pre-Tax Income for the three months ended in Sep. 2024 was €-4.14 Mil. Therefore, Gulf Resources's Tax Rate % for the quarter that ended in Sep. 2024 was 24.02%.

Gulf Resources Tax Rate % Historical Data

The historical data trend for Gulf Resources's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gulf Resources Tax Rate % Chart

Gulf Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-12.21

11.63

117.20

39.57

-6.07

Gulf Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															21.45	-8.12	24.13	3.52	24.02

Gulf Resources Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Gulf Resources's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	3.245	/	-53.422
	=	-6.07 %

Gulf Resources's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	-0.995	/	-4.142
	=	24.02 %

Gulf Resources Tax Rate % Related Terms

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Gulf Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gulf Resources Inc (FRA:R29B) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

GURE:USA R29B:Germany

Address

Level 11, Vegetable Building, Industrial Park of the East Shouguang City, Shandong, Shouguang, CHN, 262700

Website

http://www.gulfresourcesinc.com

Gulf Resources Inc is a holding company engaged in the manufacture and trade of bromine and crude salt, and natural gas; manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals, and manufactures and sells materials for human and animal antibiotics. It operates in four segments: Bromine, Crude Salt, Chemical Products and Natural Gas. It derives maximum revenue from the Bromine segment which is commonly used in brominated flame retardants, fumigants, water purification compounds, dyes, medicines and disinfectants.

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