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
Total Trade 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	115.44	107.31
Net Property, Plant & Equipment	115.83	142.39	128.97	158.18	171.15	158
Other Long-Term Assets	0.41	9.62	11.63	14.83	23.27	28.72
Total Assets	131.91	169.46	226.67	292.43	309.86	294.04
Accounts Payable	14.78	16.91	11.42	10.43	12.38	5.08
Accrued Expenses	1.6	0.11	0.48	0.7	0.78	1.33
Current Portion of Leases	0.73	0.71	0.65	0.65	0.73	0.69
Unearned Revenue	-	-	0.04	-	-	-
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 Long-Term Liabilities	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
Treasury Stock	-1.37	-1.37	-1.37	-1.37	-0.51	-0.51
Additional Paid-in Capital	105.19	101.88	101.69	101.24	100.57	97.44
Accumulated Other Comprehensive Income	-19.32	-20.85	-18.05	-13.03	11.86	4.45
Retained Earnings	22.96	64.03	122.96	184.76	174.7	175.62
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	-1.84	1.26	60.12	98.16	81.84	86.64
Book Value	107.46	143.71	205.25	271.62	286.64	277.02
Book Value Per Share	88.21	133.97	196.67	270.56	273.72	287.05
Tangible Book Value	107.46	143.71	205.25	271.62	286.64	277.02
Tangible Book Value Per Share	88.21	133.97	196.67	270.56	273.72	287.05