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GULF RESOURCES, INC. (GURE) Annual Reports

GULF RESOURCES, INC. is listed on Nasdaq, classified by the SEC under Chemicals & Allied Products (SIC 2800). This page indexes 2 annual reports, each linking to the full text on the SEC's EDGAR system.

Company profile

  • Exchange: Nasdaq
  • Fiscal year end: 12/31
  • SEC CIK: 885462 →

Website:Official site ↗

Financial Highlights

FY2026 Q1 (quarterly, ended 2026-03-31)
CurrentPrior yearYoY
Revenue $2.4M $1.6M +47.6%
Operating income $-4.1M $-4.6M +12.0%
Net income $-3.9M $-4.6M +15.2%
EPS (diluted) $-2.48 $-3.90 +36.4%

Source: SEC EDGAR (XBRL company facts)

Financial history

Revenue & profit
Quarterly · In mn (USD)
Revenue 2.37 mn Net income -3.93 mn
2009Q4 2010Q2 2010Q3 2010Q4 2011Q1 2011Q2 2011Q3 2011Q4 2012Q1 2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1
Show table:Income statement
Item2009Q42010Q22010Q32010Q42011Q12011Q22011Q32011Q42012Q12012Q22012Q32012Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q1
Revenue110 46.8 44.8 37.1 45.4 51.3 37.8 30.5 23.8 31.3 24.5 22.1 22.5 32.9 32.9 30.1 25.6 31.8 31.1 25.2 34.9 49.4 42.6 35.5 34.5 47.6 38.8 28.4 32.8 47.5 23.8 3.36 2.25 0 0.34 0 0.04 6.01 4.55 0 0.56 5.36 10.5 11.8 5.26 11.2 17.8 20.9 8.93 15.7 22.9 18.6 9.30 8.01 5.87 6.87 1.31 2.38 2.24 1.73 1.60 8.34 9.04 6.43 2.37
Operating income41.7 21.9 19.9 16.2 20.3 13.0 8.75 1.90 4.58 7.63 5.63 2.65 2.61 7.38 10.9 7.57 5.60 7.53 6.69 3.99 7.11 14.6 13.9 9.59 8.67 17.3 14.0 7.77 10.8 18.5 4.84 -23.0 -8.30 -6.83 -26.8 -41.6 -6.40 -1.20 -6.37 -9.33 -4.84 -2.95 -2.73 0.84 -3.28 -2.38 7.10 3.78 -0.07 5.11 11.9 -0.5 -0.8 -0.92 -2.29 -7.88 -5.27 -5.15 -4.58 -6.29 -4.61 -0.75 -0.33 -2.87 -4.06
Net income30.6 16.4 14.9 12.0 14.4 10.0 5.58 0.98 3.29 5.69 4.11 1.91 1.88 5.36 8.11 5.62 4.29 5.66 5.04 2.88 5.32 10.8 10.7 7.30 6.47 13.2 10.5 6.05 8.08 13.8 3.43 -22.7 -6.98 -4.81 -19.5 -38.7 -4.90 -0.74 -13.0 -7.13 -3.54 -2.24 -2.91 0.28 -2.50 -2.70 5.39 -1.11 -0.12 3.90 8.97 -2.69 -0.56 -0.68 -1.78 -58.8 -3.99 -33.1 -3.49 -18.4 -4.63 -0.77 -35.7 -2.85 -3.93
Balance sheet
Quarterly · In mn (USD)
Total assets 133 mn Total liabilities 22.8 mn
2009Q4 2010Q2 2010Q3 2010Q4 2011Q1 2011Q2 2011Q3 2011Q4 2012Q1 2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table:Balance sheet
Item2009Q42010Q22010Q32010Q42011Q12011Q22011Q32011Q42012Q12012Q22012Q32012Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q1
Current assets93.8 99.6 115 106 115 118 106 107 115 131 148 158 167 180 186 194 179 201 203 191 207 225 219 222 239 269 269 242 249 223 212 187 181 169 117 107 96.2 96.5 105 107 105 105 118 115 122 95.5 107 119 126 122 115 86.1 85.1 20.8 21.3 17.4 17.6 20.3 15.7 24.6 25.6
Total assets207 245 259 258 262 266 269 278 280 292 302 309 310 316 321 323 354 369 367 357 367 375 378 366 378 405 403 388 397 371 337 299 311 330 288 279 267 265 278 294 293 296 304 310 338 299 291 292 296 278 279 227 222 194 194 169 166 165 132 134 133
Current liabilities14.0 17.8 17.1 12.2 12.1 12.0 11.3 11.0 9.79 11.5 12.1 11.3 10.3 11.5 11.1 8.08 21.9 24.1 26.3 16.1 18.1 22.5 17.5 13.9 16.5 22.4 7.46 3.67 4.44 3.60 3.13 2.62 5.20 31.9 12.2 6.31 2.48 2.74 4.90 7.10 10.5 9.21 13.1 13.9 39.1 13.6 13.1 11.8 11.4 9.72 9.87 12.6 12.3 19.0 19.2 17.7 15.3 14.8 17.1 8.24 10.9
Total liabilities14.0 20.7 20.1 15.2 15.1 14.9 14.2 14.0 12.8 14.4 15.0 14.3 13.2 14.3 13.9 10.9 24.7 26.8 28.9 18.6 20.7 24.9 19.9 16.2 18.8 24.7 9.73 10.9 11.8 10.7 5.20 4.69 15.8 41.7 21.8 16.1 12.1 11.8 14.3 17.0 20.3 18.3 22.2 23.2 49.6 23.0 21.9 20.8 20.9 18.1 18.2 21.4 21.0 27.0 27.4 25.8 23.1 22.4 24.4 22.3 22.8
Equity134 193 225 239 243 247 251 255 264 267 277 287 295 296 302 307 312 330 342 338 338 346 350 358 349 360 381 393 377 386 360 331 294 295 288 266 263 255 253 264 277 272 278 282 287 288 276 269 272 275 260 261 205 201 167 167 144 143 142 107 111 110
Cash flow
Quarterly · In mn (USD)
Operating 1.09 mn Investing 5.03 mn Financing 0.29 mn
2009Q4 2010Q2 2010Q3 2010Q4 2011Q1 2011Q2 2011Q3 2011Q4 2012Q1 2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1

Positive = cash in, negative = cash out.

Show table:Cash flow statement
Item2009Q42010Q22010Q32010Q42011Q12011Q22011Q32011Q42012Q12012Q22012Q32012Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q1
Operating39.8 27.9 24.5 5.55 21.7 7.63 24.2 5.51 3.31 -0.98 8.40 14.0 13.3 7.36 10.7 8.76 12.8 10.3 9.37 14.1 17.8 6.75 10.4 35.5 14.4 3.10 11.7 26.0 8.42 1.08 14.0 39.3 19.9 1.49 1.59 -5.64 -0.26 -6.50 -5.55 -2.99 2.20 -1.02 2.08 6.05 3.34 3.68 4.04 12.3 8.45 10.1 18.6 14.1 4.83 6.18 -1.14 -42.6 -1.33 0.52 0.52 0.97 -1.58 -0.56 6.71 3.23 1.09
Investing-38.2 -20.9 -7.31 -10.9 -3.06 -36.0 0.28 -13.2 -0.11 -8.18 -21.6 -7.95 -0.29 -0.3 -0.36 0.99 -0.35 -0.28 -6.47 -0.08 -52.6 -0.31 -2.84 -20.1 -0.38 -1.10 -15.9 2.46 -0.38 -0.49 -0.6 -26.9 -0.49 -10.5 -1.07 -23.9 -2.53 -8.97 -45.8 -3.29 -7.42 -2.44 0 -11.9 0 -5.81 -2.75 -21.5 -0.4 -32.8 0 -4.34 -0.03 -0.02 -15.2 -60.5 0 -0.03 -8.67 -13.9 5.03
Financing13.1 2.44 -0.23 0 -0.64 -0.15 0 -0.3 0 0 -0.3 0 0 0 -0.3 0 -0.06 -0.04 -0.31 0 0 0 -0.29 0 0 -0.27 0 0 -0.29 0 0 -0.28 0 0 -0.26 0 0 -0.3 0.01 0 -0.28 0 0.02 -0.27 0 0 -0.26 0 0.01 -0.26 0 5.11 0.29
Cash at period end78.5 72.0 58.6 100 90.0 95.6 94.2 96.7 97.1 98.9 95.8 106 79.1 92.6 108 116 115 104 72.2 70.8 10.4 11.2 10.1 8.52 7.74 5.82 0 6.54
Profitability
Quarterly · %
Operating margin -171.3% Net margin -165.8%
2009Q4 2010Q2 2010Q3 2010Q4 2011Q1 2011Q2 2011Q3 2011Q4 2012Q1 2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1

Gross, operating and net margin = the respective profit ÷ revenue.

Show table:Profitability
Item2009Q42010Q22010Q32010Q42011Q12011Q22011Q32011Q42012Q12012Q22012Q32012Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q1
Operating margin37.8%46.8%44.5%43.7%44.7%25.3%23.2%6.2%19.2%24.4%22.9%12.0%11.6%22.5%33.1%25.1%21.9%23.7%21.5%15.8%20.4%29.5%32.6%27.1%25.1%36.4%36.0%27.4%33.0%38.9%20.3%-683.0%-369.2%-148707.2%-7811.3%-16582.9%-19.9%-140.0%-867.1%-55.1%-26.1%7.1%-62.4%-21.4%40.0%18.1%-0.7%32.5%52.2%-2.7%-8.6%-11.5%-39.1%-114.7%-403.1%-216.0%-204.3%-363.7%-287.3%-9.0%-3.7%-44.7%-171.3%
Net margin27.7%35.1%33.2%32.3%31.7%19.5%14.8%3.2%13.8%18.2%16.8%8.7%8.4%16.3%24.6%18.7%16.8%17.8%16.2%11.4%15.2%21.8%25.1%20.6%18.8%27.7%27.1%21.3%24.6%28.9%14.4%-675.3%-310.5%-104764.3%-5681.8%-12714.9%-12.3%-286.4%-634.7%-41.9%-27.8%2.4%-47.6%-24.3%30.4%-5.3%-1.3%24.8%39.2%-14.5%-6.0%-8.5%-30.3%-855.5%-305.4%-1388.8%-155.8%-1061.8%-288.5%-9.3%-394.3%-44.4%-165.8%
Returns & leverage
Quarterly · %
ROE -34.2% ROA -28.9% Debt ratio 17.2%
2009Q4 2010Q2 2010Q3 2010Q4 2011Q1 2011Q2 2011Q3 2011Q4 2012Q1 2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1

ROE / ROA = trailing four-quarter net income ÷ average equity / total assets (annual mode: the year’s net income ÷ average of opening and closing). Not computed when the denominator is zero or negative.

Show table:Returns & leverage
Item2009Q42010Q22010Q32010Q42011Q12011Q22011Q32011Q42012Q12012Q22012Q32012Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q1
ROE38.3%22.8%17.6%14.2%8.1%6.5%5.7%5.9%5.3%5.0%6.4%7.5%8.3%8.2%6.9%5.9%6.0%7.5%9.2%10.5%10.4%10.9%10.8%10.5%10.7%10.5%8.3%0.7%-3.4%-8.4%-14.9%-20.9%-19.9%-19.7%-19.2%-9.3%-8.9%-9.6%-6.0%-3.1%-2.8%-3.0%0.2%-0.3%0.5%2.9%4.2%3.6%3.4%1.9%-2.2%-25.9%-27.4%-45.7%-46.5%-33.8%-34.7%-17.6%-43.4%-34.4%-34.2%
ROA35.7%20.9%16.2%13.3%7.6%6.1%5.3%5.6%5.0%4.8%6.0%7.1%7.9%7.8%6.6%5.7%5.7%7.0%8.6%10.0%9.8%10.1%10.1%10.0%10.2%9.8%8.0%0.7%-3.2%-8.0%-14.6%-20.4%-19.2%-18.2%-18.4%-8.9%-8.4%-8.7%-5.6%-2.9%-2.6%-2.8%0.2%-0.3%0.5%2.7%3.9%3.3%3.0%1.8%-2.0%-23.8%-25.2%-41.4%-42.0%-29.8%-30.7%-15.2%-36.5%-29.0%-28.9%
Debt ratio6.8%8.4%7.8%5.9%5.8%5.6%5.3%5.0%4.6%5.0%5.0%4.6%4.3%4.5%4.3%3.4%7.0%7.3%7.9%5.2%5.6%6.6%5.3%4.4%5.0%6.1%2.4%2.8%3.0%2.9%1.5%1.6%5.1%12.7%7.6%5.8%4.5%4.4%5.2%5.8%6.9%6.2%7.3%7.5%14.7%7.7%7.5%7.1%7.1%6.5%6.5%9.4%9.4%13.9%14.1%15.2%14.0%13.6%18.5%16.6%17.2%
EPS
Quarterly · US$
EPS US$-2.48
2009Q4 2010Q2 2010Q3 2010Q4 2011Q1 2011Q2 2011Q3 2011Q4 2012Q1 2012Q2 2012Q3 2012Q4 2013Q1 2013Q2 2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 2017Q1 2017Q2 2017Q3 2017Q4 2018Q1 2018Q2 2018Q3 2018Q4 2019Q1 2019Q2 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 2020Q4 2021Q1 2021Q2 2021Q3 2021Q4 2022Q1 2022Q2 2022Q3 2022Q4 2023Q1 2023Q2 2023Q3 2023Q4 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1
Show table:EPS
Item2009Q42010Q22010Q32010Q42011Q12011Q22011Q32011Q42012Q12012Q22012Q32012Q42013Q12013Q22013Q32013Q42014Q12014Q22014Q32014Q42015Q12015Q22015Q32015Q42016Q12016Q22016Q32016Q42017Q12017Q22017Q32017Q42018Q12018Q22018Q32018Q42019Q12019Q22019Q32019Q42020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42026Q1
EPS(US$)1.000.470.430.350.400.290.160.030.100.160.120.060.050.140.210.140.110.140.130.080.120.230.230.160.140.280.230.130.170.290.07-0.49-0.15-0.10-0.42-0.82-0.10-0.02-0.37-58.16-54.88-3.90-29.05-2.48

Source: SEC EDGAR (XBRL company facts)

Annual reports by year

10-K: annual report of a US domestic issuer. Filings are the original documents hosted on SEC EDGAR — this site neither mirrors nor edits them.

FAQ

Where can I read GULF RESOURCES, INC. (GURE) annual reports?

Every year in the table above links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser without downloading anything. 2 filings are currently indexed.

What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer, with sections fixed by law: Item 1 Business, Item 1A Risk Factors, Item 7 Management's Discussion and Analysis. A 20-F is filed by foreign private issuers — Taiwanese companies with US ADRs, such as TSMC, file 20-F rather than 10-K. A 40-F applies to Canadian issuers under the MJDS.

Are earnings call materials available here?

No. Earnings calls are not SEC filings, so US pages on this site cover annual reports only. Taiwan has a mandatory investor-conference disclosure regime, and those materials are indexed under Annual Reports.

Source: US Securities and Exchange Commission (SEC) EDGAR. This site indexes public filings and links to them; it hosts no copies, offers no investment advice, and makes no warranty as to timeliness or completeness.
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