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 - Q3 2024 - Nov 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 338 % -70%
Quick Ratio 3.25 % -63.9%
Debt-to-equity 13.1 % +79.2%
Return On Equity -53.7 % -2414%
Return On Assets -47.5 % -2285%
Operating Margin -179 % -1552%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.7M shares
Common Stock, Shares, Outstanding 10.7M shares +2.83%
Entity Public Float 18.2M USD -40.5%
Common Stock, Value, Issued 24.6K USD +1.01%
Weighted Average Number of Shares Outstanding, Basic 10.7M shares +2.83%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 12.8M USD -69.3%
Cost of Revenue 5.11M USD -30.2%
Selling and Marketing Expense 47.8K USD -18.5%
General and Administrative Expense 4.38M USD -10.7%
Operating Income (Loss) -22.9M USD -406%
Nonoperating Income (Expense) 31.4K USD -81.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.6M USD -103%
Income Tax Expense (Benefit) 834K USD -38.4%
Net Income (Loss) Attributable to Parent -99.4M USD -1642%
Earnings Per Share, Basic -9.42 USD/shares -1747%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 11.2M USD
Accounts Receivable, after Allowance for Credit Loss, Current 1.19M USD -44.8%
Inventory, Net 428K USD -51.1%
Assets, Current 21.3M USD -81.5%
Deferred Income Tax Assets, Net 5.66M USD -5.8%
Property, Plant and Equipment, Net 151M USD +6.96%
Operating Lease, Right-of-Use Asset 6.39M USD -16.7%
Assets 194M USD -30.5%
Accounts Payable, Current 129K USD -43.9%
Liabilities, Current 19.2M USD +94.7%
Operating Lease, Liability, Noncurrent 7.04M USD -0.11%
Liabilities 27.4M USD +50.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -16.2M USD +22.5%
Stockholders' Equity Attributable to Parent 167M USD -36.1%
Liabilities and Equity 194M USD -30.5%

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 11.2M USD -89.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 24.8K USD -13.1%
Deferred Tax Assets, Valuation Allowance 13.6M USD +32.7%
Deferred Tax Assets, Gross 19.3M USD +18.5%
Operating Lease, Liability 7.54M USD +0.73%
Payments to Acquire Property, Plant, and Equipment 19.5M USD -64.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -94.6M USD -1130%
Lessee, Operating Lease, Liability, to be Paid 12.8M USD
Property, Plant and Equipment, Gross 233M USD -1.42%
Operating Lease, Liability, Current 499K USD +14.3%
Lessee, Operating Lease, Liability, to be Paid, Year Two 847K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 843K 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 -9.95%
Lessee, Operating Lease, Liability, to be Paid, Year Three 855K USD
Current Income Tax Expense (Benefit) -290K USD
Preferred Stock, Shares Authorized 1M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 859K USD
Operating Lease, Payments 824K USD -0.12%
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 25.8M USD -0.44%
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 94.7K USD -12.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%