Gulf Resources, Inc. financial data

Symbol
GURE on Nasdaq
Industry
Chemicals & Allied Products
Location
Level 11, Vegetable Building, Industrial Park Of The East City, Shouguang City, Shandong, China
State of incorporation
NV
Fiscal year end
December 31
Former names
DIVERSIFAX INC (to 2/20/2007)
Latest financial report
10-Q - Q2 2024 - Oct 11, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 571 % -44.7%
Quick Ratio 4.65 % -40.4%
Debt-to-equity 10.5 % +38.3%
Return On Equity -46.9 % -2600%
Return On Assets -42.4 % -2534%
Operating Margin -125 % -858%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.7M shares +2.83%
Common Stock, Shares, Outstanding 10.7M shares +2.83%
Entity Public Float 18.2M USD -40.5%
Common Stock, Value, Issued 24.6K USD +0.6%
Weighted Average Number of Shares Outstanding, Basic 10.7M shares +2.83%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 16.4M USD -72%
Cost of Revenue 5.11M USD -30.2%
Selling and Marketing Expense 48.8K USD -23.7%
General and Administrative Expense 4.14M USD -12.4%
Operating Income (Loss) -20.6M USD -312%
Nonoperating Income (Expense) 80.3K USD -52.1%
Income Tax Expense (Benefit) 1.45M USD -70%
Net Income (Loss) Attributable to Parent -97.6M USD -2038%
Earnings Per Share, Basic -9.26 USD/shares -1881%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 1.74M USD -18%
Inventory, Net 414K USD -48.1%
Assets, Current 20.8M USD -83%
Deferred Income Tax Assets, Net 4.28M USD -19.1%
Property, Plant and Equipment, Net 153M USD +14.4%
Operating Lease, Right-of-Use Asset 6.41M USD -18.6%
Assets 194M USD -30.3%
Accounts Payable, Current 134K USD -39.6%
Liabilities, Current 19M USD +95.7%
Operating Lease, Liability, Noncurrent 6.9M USD -2.67%
Liabilities 27M USD +49.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -19.3M USD +16.7%
Stockholders' Equity Attributable to Parent 167M USD -35.9%
Liabilities and Equity 194M USD -30.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.33M USD -128%
Net Cash Provided by (Used in) Investing Activities -32.7K USD +91.7%
Common Stock, Shares Authorized 80M shares 0%
Common Stock, Shares, Issued 11M shares +2.75%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.46M USD -119%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 10.4M USD -91%
Interest Paid, Excluding Capitalized Interest, Operating Activities 24.8K USD -13.1%
Deferred Tax Assets, Valuation Allowance 13.6M USD +32.8%
Deferred Tax Assets, Gross 17.9M USD +15.1%
Operating Lease, Liability 7.39M USD -1.7%
Payments to Acquire Property, Plant, and Equipment 19.5M USD -64.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -93.8M USD -520%
Lessee, Operating Lease, Liability, to be Paid 12.6M USD
Property, Plant and Equipment, Gross 229M USD +1.77%
Operating Lease, Liability, Current 482K USD +14.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 833K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 825K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.23M USD -8.87%
Lessee, Operating Lease, Liability, to be Paid, Year Three 837K USD
Current Income Tax Expense (Benefit) -290K USD
Preferred Stock, Shares Authorized 1M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 845K USD
Operating Lease, Payments 822K USD -0.31%
Additional Paid in Capital 102M USD +0.45%
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 834K USD -0.81%
Depreciation, Depletion and Amortization 26M USD -4.02%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 827K USD -1.92%
Operating Leases, Future Minimum Payments, Due in Three Years 838K USD -1.16%
Operating Leases, Future Minimum Payments Due 13.5M USD -7.37%
Interest Expense 97.3K USD -13.1%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%