Saturday 17 October 2026 Export GURE’s income statement to Excel — free account

Gulf Resources, Inc.

Gulf Resources, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $25.4 million, up 231.8% from fiscal 2024. In the quarter to June 2026, revenue grew 54.5%, EPS grew 206.0%, free cash flow fell 1,065.2% and total debt rose 484.8%, each against the same quarter a year earlier.

3.12 0.11 +3.65%

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Market cap: $5.5M
P/E: 0.0×
Fwd P/E: −4.7×
Dividend yield: —
F-score: 6/9
Altman Z: 0.46
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
Piotroski F-Score Full definition →	7	5	3	4	6	6	9	1	2	6
P/E ratio Full definition →	2.57	9.11	0.00	0.00	0.00	0.00	3.22	0.00	0.00	0.00
P/S ratio Full definition →	0.63	0.64	14.07	2.28	1.41	0.82	0.49	0.60	0.81	0.19
Altman Z-Score Full definition →	5.90	9.58	5.48	2.02	2.63	2.59	2.63	1.60	0.32	0.46
P/FCF ratio Full definition →	2.50	1.99	0.00	0.00	0.00	0.00	2.50	0.00	0.00	0.17
Altman Z″-Score (non-manufacturers) Full definition →	29.64	79.01	70.21	21.07	21.06	17.06	18.56	13.60	6.50	6.10
Beneish M-Score Full definition →	(2.70)	(3.37)	—	—	(24.77)	(2.58)	(3.70)	—	—	—
P/Operating CF Full definition →	3.61	1.74	(6.47)	(8.08)	6.58	3.70	2.30	(0.43)	6.42	1.53
P/B ratio Full definition →	0.27	0.18	0.12	0.09	0.14	0.16	0.12	0.09	0.04	0.04
Price to Tangible BV Full definition →	0.29	0.19	0.14	0.10	0.16	0.18	0.13	0.10	0.05	0.06
EV/Sales Full definition →	(0.45)	(1.29)	(54.11)	(7.01)	(1.86)	(0.88)	(1.13)	(1.76)	0.16	0.49
EV/EBITDA Full definition →	0.00	0.00	3.76	8.04	0.00	0.00	0.00	0.00	0.00	1.45
EV/Operating CF Full definition →	(1.23)	(2.20)	(8.10)	4.85	(5.65)	(2.09)	(1.46)	1.61	1.83	1.60
EV/FCF Full definition →	(1.80)	(4.03)	7.54	0.97	4.01	2.52	(5.77)	1.00	(0.03)	0.42
Quick Ratio Full definition →	15.47	73.82	68.23	16.68	14.18	7.94	9.65	6.13	0.83	2.43
Current Ratio Full definition →	15.90	74.70	71.40	17.00	15.11	8.31	10.14	6.84	1.34	2.98
Net Debt/EBITDA Full definition →	(2.20)	(6.39)	4.73	10.66	(14.65)	(3.65)	(2.47)	(4.39)	1.99	0.88
Debt/Assets Full definition →	0.62%	0.59%	0.69%	0.68%	0.64%	0.57%	0.50%	0.58%	3.03%	5.62%
Debt/Equity Full definition →	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.04	0.07
Asset Turnover Full definition →	0.41	0.29	0.01	0.04	0.10	0.18	0.22	0.12	0.04	0.17
Operating CF/Net income Full definition →	1.52	7.89	(0.25)	0.59	(1.11)	(25.21)	5.08	0.53	(0.01)	(0.18)
Capex/Depreciation Full definition →	(0.69)	(1.34)	(0.78)	(4.31)	(1.36)	(1.46)	(1.40)	0.00	(1.46)	(0.52)
Interest Coverage Full definition →	272.86	68.00	(520.90)	(160.21)	(70.99)	37.98	135.76	(113.03)	(242.10)	(23.00)
ROE Full definition →	10.54%	2.17%	(20.71%)	(9.26%)	(3.12%)	(0.33%)	3.60%	(25.92%)	(34.42%)	(34.54%)
ROA Full definition →	10.03%	2.11%	(20.40%)	(8.93%)	(2.94%)	(0.31%)	3.34%	(23.81%)	(30.37%)	(29.13%)
ROIC Full definition →	15.88%	3.98%	(44.66%)	(8.84%)	(3.28%)	1.69%	6.25%	(5.53%)	(10.09%)	(4.50%)
Return on Tangible Assets Full definition →	11.42%	2.38%	(26.18%)	(10.80%)	(3.38%)	(0.35%)	3.91%	(33.27%)	(63.79%)	(56.11%)
Average Days of Receivables Full definition →	126.75	101.05	1.76	168.01	84.40	96.35	29.62	59.20	31.38	287.79
Research and Development Expense of Revenue Full definition →	0.18%	0.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	3.87%	8.20%	436.81%	125.38%	36.45%	17.42%	9.22%	14.31%	82.00%	22.15%
Intangible Assets out of Total Assets Full definition →	0.08	0.08	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Share Based Compensation of Revenue Full definition →	0.03%	0.35%	19.12%	0.64%	8.48%	5.70%	1.01%	1.50%	2.54%	3.66%
Graham Net Nets Full definition →	2.19	3.45	5.00	3.77	2.27	2.03	3.05	3.56	(1.21)	0.47
Graham Number Full definition →	579.27	271.30	0.00	0.00	0.00	0.00	246.73	0.00	0.00	0.00
Earnings Yield Full definition →	38.92%	10.98%	(192.31%)	(105.25%)	(21.12%)	(2.31%)	31.06%	(346.20%)	(964.91%)	(893.83%)
Free Cash Flow Yield Full definition →	39.97%	50.25%	(50.99%)	(317.38%)	(32.93%)	(42.61%)	39.93%	(291.56%)	(708.41%)	605.74%
Revenue per Share Full definition →	161.27	114.89	2.77	11.20	29.22	52.55	65.84	28.28	7.02	19.07
Operating CF per Share Full definition →	59.65	67.05	18.52	(16.17)	9.64	22.26	50.95	(30.83)	0.62	5.85
Capex per Share Full definition →	(19.09)	(30.37)	(38.41)	(64.04)	(22.50)	(28.74)	(37.41)	0.00	(26.50)	(6.64)
Free Cash Flow per Share Full definition →	40.56	36.68	(19.88)	(80.21)	(12.86)	(6.48)	13.54	(30.83)	(25.88)	(0.78)
Cash per Share Full definition →	177.06	223.21	191.22	105.97	97.62	91.45	107.81	67.98	9.23	0.00
Shareholders Equity per Share Full definition →	377.55	408.12	313.91	277.98	287.01	273.72	270.56	193.17	130.83	83.63
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	377.55	408.12	313.91	277.98	287.01	273.72	270.56	193.17	130.83	83.63
Free Cash Flow Full definition →	37.55	34.33	(18.61)	(75.92)	(12.41)	(6.78)	13.59	(32.75)	(28.25)	(1.05)
Working Capital Full definition →	207.82	238.28	184.72	100.90	100.21	101.55	107.65	73.48	4.47	16.33
Capital Expenditures Full definition →	(17.67)	(28.42)	(35.95)	(60.61)	(21.72)	(30.09)	(37.56)	—	(28.92)	(8.85)
Net Current Asset Value Full definition →	205.54	235.98	182.65	91.06	90.30	92.22	98.61	64.65	(7.56)	2.32
EV/EBIT Full definition →	0.00	0.00	1.68	3.19	5.43	0.00	0.00	4.44	0.00	0.00
Capex to Sales Full definition →	0.12	0.26	13.86	5.72	0.77	0.55	0.57	0.00	3.78	0.35
Price to Operating Income Full definition →	1.97	6.12	0.00	0.00	0.00	8.70	1.96	0.00	0.00	0.00
Other line items
Depreciation/Fixed assets Full definition →	0.23	0.22	0.56	0.10	0.11	0.13	0.18	0.25	0.22	0.28
Cash ROIC Full definition →	7.28%	5.79%	(3.92%)	(20.78%)	(3.33%)	(1.77%)	3.56%	(11.75%)	(17.88%)	(0.88%)
Accounts Receivable Turnover Full definition →	2.93	2.64	0.17	4.33	4.95	5.23	6.65	5.87	2.77	2.46
Accounts Payable Turnover Full definition →	10.19	14.42	23.12	20.49	8.92	4.85	4.43	4.52	3.09	6.81
Inventory Turnover Full definition →	14.51	19.79	18.75	21.89	49.72	68.16	35.53	34.59	52.94	64.58
Average Days of Payables Full definition →	33.43	5.38	14.76	19.59	67.24	101.55	70.21	85.68	99.57	24.23
Days of Inventory on Hand Full definition →	22.65	6.24	19.44	12.22	5.55	6.66	14.35	5.60	4.87	7.24
Average Receivables Full definition →	50.91	40.80	14.89	2.45	5.70	10.52	9.95	5.12	2.77	10.35
Average Payables Full definition →	9.31	4.86	0.97	1.01	3.09	7.81	9.18	8.33	7.64	4.16
Average Inventory Full definition →	6.53	3.54	1.19	0.94	0.55	0.56	1.14	1.09	0.45	0.44
Average Assets Full definition →	361.22	376.60	343.02	288.90	286.64	301.95	301.14	259.55	197.25	150.78
Average Common Equity Full definition →	343.79	365.71	337.91	278.48	270.07	281.83	279.13	238.43	174.03	127.15

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Columns are period end dates · fundamentals updated 6 Oct 2026

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