GURE · Gulf Resources, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.04M | $8.34M | $1.60M | - | $2.24M | $2.38M | $1.31M | - | $5.87M | $8.01M |
| Cost of Revenue | - | - | - | - | - | $5.11M | $2.12M | - | - | - |
| Gross Profit | - | - | - | - | - | ($2.73M) | ($812.8K) | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $785.5K | $994.8K | $1.39M | - | $1.00M | $690.0K | $717.5K | - | $762.9K | $593.3K |
| Total Operating Expenses | $9.38M | $9.09M | $6.21M | - | $6.82M | $7.53M | $6.58M | - | $8.16M | $8.92M |
| D&A | $3.75M | $3.99M | $4.00M | - | $4.57M | $4.73M | $4.73M | - | $4.79M | $5.24M |
| Operating Income | ($333.9K) | ($750.7K) | ($4.61M) | - | ($4.58M) | ($5.15M) | ($5.27M) | - | ($2.29M) | ($919.1K) |
| Interest Expense | $18.2K | $21.7K | $21.7K | - | $21.2K | $24.8K | $24.8K | - | $23.8K | $27.9K |
| Income Tax | - | - | $0 | - | ($1.10M) | ($1.21M) | ($1.27M) | - | ($483.5K) | ($192.7K) |
| Net Income | ($35.66M) | ($773.8K) | ($4.63M) | - | ($3.49M) | ($33.10M) | ($3.99M) | - | ($1.78M) | ($681.8K) |
| EPS - Basic | ($26.35) | ($0.60) | ($4.00) | - | ($3.30) | ($30.90) | ($3.70) | - | ($1.70) | ($0.70) |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.82M | $7.74M | $8.52M | $10.08M | $11.24M | $10.37M | $70.76M | $72.22M | $103.77M | $115.27M |
| Accounts Receivable | $3.42M | $3.15M | $2.11M | $564.5K | $1.19M | $1.74M | $5.26M | $4.87M | $2.15M | $2.12M |
| Inventory | $482.7K | $515.0K | $455.1K | $315.4K | $427.8K | $413.8K | $634.1K | $577.2K | $874.8K | $796.6K |
| Accounts Payable | $379.8K | $380.8K | $390.3K | $30.0K | $128.7K | $133.6K | $208.4K | $207.0K | $229.3K | $221.3K |
| Current Assets | $15.67M | $20.28M | $17.64M | $17.45M | $21.26M | $20.80M | $85.09M | $86.07M | $114.94M | $122.31M |
| Total Assets | $131.91M | $164.63M | $165.73M | $169.46M | $193.89M | $193.93M | $221.83M | $226.67M | $278.89M | $278.31M |
| Current Liabilities | $17.11M | $14.79M | $15.26M | $17.73M | $19.22M | $19.02M | $12.26M | $12.59M | $9.87M | $9.72M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $24.45M | $22.42M | $23.15M | $25.75M | $27.36M | $27.01M | $20.97M | $21.42M | $18.17M | $18.06M |
| Stockholders' Equity | $107.46M | $142.21M | $142.58M | $143.71M | $166.53M | $166.92M | $200.86M | $205.25M | $260.72M | $260.25M |
| Retained Earnings | - | - | - | - | - | - | - | - | - | - |
Cash Flow
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($1.58M) | - | - | - | ($1.33M) | - | - | - |
| Investing Cash Flow | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | - | - | - | - | - | - | - | - | - | - |
| CapEx | - | - | - | - | - | - | - | - | $15.15M | $15.6K |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | -114.5% | -62.2% | - | - | - |
| Operating margin | -3.7% | -9.0% | -287.3% | - | -204.3% | -216.0% | -403.1% | - | -39.1% | -11.5% |
| EBITDA margin | 37.8% | 38.9% | -37.8% | - | -0.5% | -17.5% | -41.0% | - | 42.5% | 53.9% |
| Net margin | -394.3% | -9.3% | -288.5% | - | -155.8% | -1388.8% | -305.4% | - | -30.3% | -8.5% |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 8.7% | 11.9% | 86.6% | - | 44.7% | 29.0% | 54.9% | - | 13.0% | 7.4% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -27.0% | -0.5% | -2.8% | - | -1.8% | -17.1% | -1.8% | - | -0.6% | -0.2% |
| Return on equity | -33.2% | -0.5% | -3.2% | - | -2.1% | -19.8% | -2.0% | - | -0.7% | -0.3% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.92 | 1.37 | 1.16 | 0.98 | 1.11 | 1.09 | 6.94 | 6.84 | 11.64 | 12.59 |
| Quick ratio | 0.89 | 1.34 | 1.13 | 0.97 | 1.08 | 1.07 | 6.89 | 6.79 | 11.56 | 12.50 |
| Cash ratio | 0.34 | 0.52 | 0.56 | 0.57 | 0.58 | 0.55 | 5.77 | 5.74 | 10.51 | 11.86 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -18.4x | -34.6x | -212.2x | - | -216.2x | -207.4x | -212.2x | - | -96.4x | -32.9x |
| Equity multiplier | 1.23 | 1.16 | 1.16 | 1.18 | 1.16 | 1.16 | 1.10 | 1.10 | 1.07 | 1.07 |
| Liabilities / Assets | 0.19 | 0.14 | 0.14 | 0.15 | 0.14 | 0.14 | 0.09 | 0.09 | 0.07 | 0.06 |
| Efficiency | ||||||||||
| Asset turnover | 0.07 | 0.05 | 0.01 | - | 0.01 | 0.01 | 0.01 | - | 0.02 | 0.03 |
| Inventory turnover | - | - | - | - | - | 12.36 | 3.34 | - | - | - |
| Days sales outstanding | 138d | 138d | 481d | - | 193d | 266d | 1469d | - | 134d | 96d |
| Days inventory outstanding | - | - | - | - | - | 30d | 109d | - | - | - |
| Days payable outstanding | - | - | - | - | - | 10d | 36d | - | - | - |
| Cash conversion cycle | - | - | - | - | - | 286d | 1542d | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 303.4% | 250.1% | 22.8% | - | -61.8% | -70.2% | -85.9% | - | -74.3% | -49.0% |
| Revenue CAGR (3y) | -26.6% | -19.0% | -43.6% | - | -49.8% | -40.2% | -37.1% | - | -17.6% | 14.3% |
| Revenue CAGR (5y) | -2.9% | 9.3% | 23.5% | - | -13.2% | -16.9% | 102.3% | - | 76.4% | 344.9% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 92.7% | 85.4% | 12.5% | - | -99.8% | -460.0% | -559.0% | - | - | - |
| Net income growth (YoY) | -921.1% | 97.7% | -16.0% | - | -96.7% | -4754.4% | -615.8% | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -35.5% | -14.8% | -29.0% | -30.0% | -36.1% | -35.9% | -26.9% | -24.4% | -2.9% | -5.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Business segments
$9.11M totalBromine$5.55M · 60.9%
Crude Salt$2.05M · 22.5%
Total Revenue$1.45M · 15.9%
Natural Gas$61.2K · 0.7%
Peer comparison
Same SIC group: Chemicals & Allied Products
Comparing GULF RESOURCES against the 5 most active filers in the same SIC group.