Gulf Resources, Inc. (GURE)

Gulf Resources Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	6.54	0	10.08	72.22	108.23	95.77
Cash & Short-Term Investments	6.54	0	10.08	72.22	108.23	95.77
Cash Growth	-23.30%	-99.96%	-86.05%	-33.27%	13.01%	1.64%
Accounts Receivable	2.67	3.27	0.56	4.87	5.36	14.53
Other Receivables	2.71	2.44	0.12	0.01	0	0
Receivables	14.4	20.06	0.68	4.87	5.36	14.53
Inventory	0.44	0.56	0.32	0.58	1.6	0.69
Other Current Assets	4.21	3.94	6.38	8.4	4.24	4.45
Total Current Assets	25.6	24.57	17.45	86.07	119.43	115.43
Property, Plant & Equipment	106.78	108.75	140.76	128.97	158.18	171.15
Long-Term Deferred Tax Assets	-	-	-	1.86	5.32	12.9
Other Long-Term Assets	0.41	0.41	9.62	9.77	9.51	10.37
Total Assets	132.79	133.73	167.82	226.67	292.43	309.86

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	0.43	0.15	0.03	0.21	0.06	0.2
Accrued Expenses	2.65	1.58	1.22	3.71	2.06	2.16
Short-Term Debt	5.27	3.35	-	-	-	-
Current Portion of Leases	0.63	0.75	3.83	0.65	0.65	0.73
Other Current Liabilities	1.96	2.42	7.89	8.02	9.01	10.79
Total Current Liabilities	10.95	8.24	12.98	12.59	11.78	13.89
Long-Term Debt	-	2.34	-	-	-	-
Long-Term Leases	11.89	11.67	12.03	8.84	9.04	9.33
Total Liabilities	22.84	22.25	25.01	21.42	20.81	23.22

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0	0	0	0.02	0.02	0.02
Additional Paid-In Capital	106.44	105.93	101.91	101.69	101.24	100.57
Retained Earnings	15.21	19.14	63.06	122.96	184.76	174.7
Treasury Stock	-1.37	-1.37	-1.37	-1.37	-1.37	-0.51
Comprehensive Income & Other	-10.34	-12.22	-20.78	-18.05	-13.03	11.86
Shareholders' Equity	109.95	111.48	142.81	205.25	271.62	286.64
Total Liabilities & Equity	132.79	133.73	167.82	226.67	292.43	309.86

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	17.8	18.11	15.87	9.48	9.68	10.06
Net Cash (Debt)	-11.26	-18.11	-5.79	62.74	98.54	85.71
Net Cash Growth	-	-	-	-36.33%	14.98%	2.50%
Net Cash Per Share	-7.87	-13.58	-5.30	60.12	98.16	81.84
Filing Date Shares Outstanding	1.81	1.81	1.07	1.07	1.04	1.05
Total Common Shares Outstanding	1.68	1.54	1.07	1.07	1.04	1.05
Working Capital	14.65	16.33	4.47	73.48	107.65	101.55
Book Value Per Share	65.31	72.41	133.13	191.34	260.37	273.72
Tangible Book Value	109.95	111.48	142.81	205.25	271.62	286.64
Tangible Book Value Per Share	65.31	72.41	133.13	191.34	260.37	273.72
Buildings	-	-	-	29.86	31.5	34.91
Machinery	127.69	126.03	145.4	187.32	188.38	203.65
Construction In Progress	0.02	-	10.16	10.31	11.36	44.31
Leasehold Improvements	13.81	13.05	3.51	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Aug 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 20, 2026

Data Sources Report a data error