Gulf Resources
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Gulf Resources's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 55% to $30,043,790. Profit margin reached -206%. Total operating expenses were $4,299,887.
Profit Margin
| 2014 | 113.66M | 17.87M | 15.72% |
|---|---|---|---|
| 2015 | 162.31M | 34.06M | 20.99% |
| 2016 | 149.27M | 36.22M | 24.27% |
| 2017 | 107.52M | 2.55M | 2.37% |
| 2018 | 2.59M | -69.96M | -2696.17% |
| 2019 | 10.59M | -25.80M | -243.48% |
| 2020 | 28.20M | -8.42M | -29.85% |
| 2021 | 55.03M | -924.71K | -1.68% |
| 2022 | 66.09M | 10.05M | 15.22% |
| 2023 | 30.04M | -61.79M | -205.68% |
GURE Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 30.04M | 66.09M | 55.03M | 28.20M | 10.59M | 2.59M | 107.52M | 149.27M | 162.31M | 113.66M |
Cost of revenue | 37.63M | 28.66M | 27.13M | 19.41M | 5.43M | 1.31M | 63.15M | 94.78M | 109.03M | 81.73M |
Gross profit | -7.59M | 37.42M | 27.89M | 8.79M | 5.16M | 1.28M | 44.36M | 54.48M | 53.28M | 31.92M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 195.19K | 261.93K | 230.59K | 134.29K |
Selling and marketing | 59.05K | 62.87K | 62.96K | 42.66K | 12.43K | 66.11K | 278.6K | 343.10K | 375.36K | 105.58K |
Total operating expenses | 4.29M | 8.94M | 11.96M | 10.30M | 13.28M | 11.74M | 8.72M | 5.60M | 7.14M | 7.42M |
Operating income | -11.89M | 28.77M | 16.22M | -1.22M | -7.67M | -83.55M | 11.17M | 47.72M | 45.16M | 23.81M |
Other income (expenses), net | -46.36M | -12.12M | -10.85M | 154.87K | -15.32M | -73.09M | 391.84K | -1.15M | 275.23K | 279.58K |
Income before tax | -58.25M | 16.64M | 5.37M | -9.52M | -22.99M | -83.05M | 11.56M | 48.03M | 45.43M | 24.09M |
Income tax expense | 3.53M | 6.58M | 6.29M | -1.10M | 2.80M | -13.08M | 9.01M | 11.81M | 11.37M | 6.22M |
Net income | -61.79M | 10.05M | -924.71K | -8.42M | -25.80M | -69.96M | 2.55M | 36.22M | 34.06M | 17.87M |
Earnings per share | ||||||||||
Basic EPS | -5.92 | 1 | -0.08 | -0.87 | -2.73 | -7.47 | 0.25 | 0.78 | 0.75 | 0.46 |
Diluted EPS | -5.92 | 1 | -0.08 | -0.87 | -2.73 | -7.47 | 0.25 | 0.78 | 0.74 | 0.46 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |