Gulf Resources Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	5.82	10.08	72.22	108.23	95.77	94.22
Cash & Short-Term Investments	5.82	10.08	72.22	108.23	95.77	94.22
Cash Growth	-48.21%	-86.05%	-33.27%	13.01%	1.64%	-6.06%
Accounts Receivable	3.42	0.56	4.87	5.36	14.53	6.52
Other Receivables	0.03	0.12	0.01	0	0	0
Receivables	3.45	0.68	4.87	5.36	14.53	6.52
Inventory	0.48	0.32	0.58	1.6	0.69	0.42
Other Current Assets	5.92	6.38	8.4	4.24	4.45	6.15
Total Current Assets	15.67	17.45	86.07	119.43	115.43	107.31
Property, Plant & Equipment	115.83	142.39	128.97	158.18	171.15	158
Long-Term Deferred Tax Assets	-	-	1.86	5.32	12.9	18.59
Other Long-Term Assets	0.41	9.62	9.77	9.51	10.37	10.13
Total Assets	131.91	169.46	226.67	292.43	309.86	294.04
Accounts Payable	0.38	0.03	0.21	0.06	0.2	0.48
Accrued Expenses	8.03	1.22	3.71	2.06	2.16	2.24
Current Portion of Leases	0.73	0.71	0.65	0.65	0.73	0.69
Other Current Liabilities	7.97	15.77	8.02	9.01	10.79	3.69
Total Current Liabilities	17.11	17.73	12.59	11.78	13.89	7.1
Long-Term Leases	7.33	8.02	8.84	9.04	9.33	9.91
Total Liabilities	24.45	25.75	21.42	20.81	23.22	17.01
Common Stock	0	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	105.19	101.88	101.69	101.24	100.57	97.44
Retained Earnings	22.96	64.03	122.96	184.76	174.7	175.62
Treasury Stock	-1.37	-1.37	-1.37	-1.37	-0.51	-0.51
Comprehensive Income & Other	-19.32	-20.85	-18.05	-13.03	11.86	4.45
Shareholders' Equity	107.46	143.71	205.25	271.62	286.64	277.02
Total Liabilities & Equity	131.91	169.46	226.67	292.43	309.86	294.04
Total Debt	8.06	8.73	9.48	9.68	10.06	10.61
Net Cash (Debt)	-2.24	1.35	62.74	98.54	85.71	83.62
Net Cash Growth	-	-97.85%	-36.33%	14.98%	2.50%	-6.94%
Net Cash Per Share	-1.82	1.26	60.12	98.16	81.84	86.64
Filing Date Shares Outstanding	1.38	1.07	1.07	1.04	1.05	1
Total Common Shares Outstanding	1.35	1.07	1.07	1.04	1.05	1
Working Capital	-1.44	-0.28	73.48	107.65	101.55	100.21
Book Value Per Share	79.39	133.97	191.34	260.37	273.72	277.09
Tangible Book Value	107.46	143.71	205.25	271.62	286.64	277.02
Tangible Book Value Per Share	79.39	133.97	191.34	260.37	273.72	277.09
Buildings	76.56	68.48	29.86	31.5	34.91	64.02
Machinery	125.4	145.4	187.32	188.38	203.65	261.73
Construction In Progress	-	10.16	10.31	11.36	44.31	12.1

Source: S&P Global Market Intelligence. Standard template. Financial Sources.