GURE: Gulf Resources Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Gulf Resources Inc (GURE).
$6.09M Market Cap.
GURE Market Cap. (MRY)
GURE Shares Outstanding (MRY)
GURE Assets (MRY)
Total Assets
$169.46M
Total Liabilities
$25.75M
Total Investments
$0
GURE Income (MRY)
Revenue
$7.66M
Net Income
-$58.94M
Operating Expense
$5.32M
GURE Cash Flow (MRY)
CF Operations
$675.07K
CF Investing
-$60.55M
CF Financing
-$249.24K
GURE Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $169,455,995 (-25.24%) | $226,671,708 (-22.49%) | $292,431,342 (-5.62%) | $309,856,862 (5.38%) |
Assets Current | $17,450,826 (-79.72%) | $86,069,591 (-27.93%) | $119,425,371 (3.46%) | $115,434,862 (7.57%) |
Assets Non-Current | $152,005,169 (8.11%) | $140,602,117 (-18.73%) | $173,005,971 (-11.02%) | $194,422,000 (4.12%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $143,706,670 (-29.98%) | $205,248,296 (-24.44%) | $271,618,205 (-5.24%) | $286,639,217 (3.47%) |
Property Plant & Equipment Net | $142,389,900 (10.40%) | $128,970,922 (-18.47%) | $158,179,061 (-7.58%) | $171,153,497 (8.32%) |
Cash & Equivalents | $10,075,162 (-86.05%) | $72,223,894 (-33.27%) | $108,226,214 (13.01%) | $95,767,263 (1.64%) |
Accumulated Other Comprehensive Income | -$20,854,143 (-15.51%) | -$18,053,269 (-38.58%) | -$13,027,289 (-209.85%) | $11,858,829 (166.30%) |
Deferred Revenue | $0 (0%) | $42,705 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $315,371 (-45.36%) | $577,229 (-63.89%) | $1,598,572 (131.30%) | $691,111 (64.70%) |
Trade & Non-Trade Receivables | $683,637 (-85.97%) | $4,873,178 (-9.15%) | $5,363,803 (-63.08%) | $14,526,451 (122.72%) |
Trade & Non-Trade Payables | $16,908,266 (48.05%) | $11,420,594 (9.50%) | $10,429,416 (-15.75%) | $12,379,820 (143.62%) |
Accumulated Retained Earnings (Deficit) | $64,025,901 (-47.93%) | $122,961,353 (-33.45%) | $184,756,632 (5.76%) | $174,697,182 (-0.53%) |
Tax Assets | $0 (0%) | $1,859,025 (-65.05%) | $5,318,909 (-58.77%) | $12,900,034 (-30.61%) |
Tax Liabilities | $113,999 (-76.03%) | $475,630 (-32.01%) | $699,563 (-9.82%) | $775,708 (-41.51%) |
Total Debt | $8,727,060 (-7.99%) | $9,484,483 (-2.06%) | $9,684,158 (-3.76%) | $10,062,117 (-5.13%) |
Debt Current | $709,593 (9.80%) | $646,278 (-0.08%) | $646,786 (-11.88%) | $734,008 (5.70%) |
Debt Non-Current | $8,017,467 (-9.29%) | $8,838,205 (-2.20%) | $9,037,372 (-3.12%) | $9,328,109 (-5.88%) |
Total Liabilities | $25,749,325 (20.19%) | $21,423,412 (2.93%) | $20,813,137 (-10.36%) | $23,217,645 (36.47%) |
Liabilities Current | $17,731,858 (40.89%) | $12,585,207 (6.87%) | $11,775,765 (-15.22%) | $13,889,536 (95.56%) |
Liabilities Non-Current | $8,017,467 (-9.29%) | $8,838,205 (-2.20%) | $9,037,372 (-3.12%) | $9,328,109 (-5.88%) |
GURE Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $7,661,010 (-74.50%) | $30,043,790 (-54.54%) | $66,094,486 (20.11%) | $55,030,586 (95.10%) |
Cost of Revenue | $23,627,384 (-37.22%) | $37,634,628 (-7.47%) | $40,671,781 (7.45%) | $37,850,977 (37.21%) |
Selling General & Administrative Expense | $5,317,275 (23.66%) | $4,299,887 (-29.41%) | $6,090,950 (-36.47%) | $9,588,199 (-6.75%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $5,317,275 (23.66%) | $4,299,887 (-51.91%) | $8,941,009 (-25.30%) | $11,968,739 (16.15%) |
Interest Expense | $91,901 (-12.65%) | $105,209 (-13.34%) | $121,402 (-11.50%) | $137,178 (0.55%) |
Income Tax Expense | $1,648,182 (-53.42%) | $3,538,617 (-46.28%) | $6,586,985 (4.58%) | $6,298,218 (668.19%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$58,935,452 (4.63%) | -$61,795,279 (-714.30%) | $10,059,450 (1187.84%) | -$924,718 (89.02%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$58,935,452 (4.63%) | -$61,795,279 (-714.30%) | $10,059,450 (1187.84%) | -$924,718 (89.02%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$58,935,452 (4.63%) | -$61,795,279 (-714.30%) | $10,059,450 (1187.84%) | -$924,718 (89.02%) |
Weighted Average Shares | $10,726,924 (2.79%) | $10,435,965 (3.95%) | $10,038,982 (-4.13%) | $10,471,924 (8.51%) |
Weighted Average Shares Diluted | $10,726,924 (2.79%) | $10,435,965 (3.95%) | $10,038,982 (-4.13%) | $10,471,924 (8.51%) |
Earning Before Interest & Taxes (EBIT) | -$57,195,369 (1.64%) | -$58,151,453 (-446.80%) | $16,767,837 (204.28%) | $5,510,678 (158.67%) |
Gross Profit | -$15,966,374 (-110.34%) | -$7,590,838 (-129.86%) | $25,422,705 (47.98%) | $17,179,609 (2663.77%) |
Operating Income | -$21,283,649 (-78.99%) | -$11,890,725 (-172.15%) | $16,481,696 (216.29%) | $5,210,870 (153.81%) |
GURE Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$60,551,488 (0%) | $0 (0%) | -$37,560,932 (-24.82%) | -$30,093,140 (-38.55%) |
Net Cash Flow from Financing | -$249,240 (6.93%) | -$267,810 (-1.11%) | -$264,863 (8.86%) | -$290,597 (-9.67%) |
Net Cash Flow from Operations | $675,068 (102.06%) | -$32,751,851 (-164.03%) | $51,149,065 (119.42%) | $23,311,169 (150.51%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$62,148,732 (-72.62%) | -$36,002,320 (-388.97%) | $12,458,951 (706.55%) | $1,544,725 (125.41%) |
Net Cash Flow - Business Acquisitions and Disposals | -$25,275 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$60,526,213 (0%) | $0 (0%) | -$37,560,932 (-24.82%) | -$30,093,140 (-38.55%) |
Issuance (Repayment) of Debt Securities | -$249,240 (6.93%) | -$267,810 (0%) | $0 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$2,023,072 (32.17%) | -$2,982,659 (-245.09%) | -$864,319 (-110.03%) | $8,617,293 (30.58%) |
Share Based Compensation | $194,700 (-56.86%) | $451,350 (-32.43%) | $668,000 (-78.69%) | $3,134,080 (31.01%) |
Depreciation Amortization & Accretion | $18,977,585 (-32.52%) | $28,124,106 (4.57%) | $26,895,952 (30.06%) | $20,679,132 (29.34%) |
GURE Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | -208.40% (-723.72%) | -25.30% (-165.71%) | 38.50% (23.40%) | 31.20% (1318.18%) |
Profit Margin | -769.30% (-273.99%) | -205.70% (-1453.29%) | 15.20% (994.12%) | -1.70% (94.31%) |
EBITDA Margin | -498.90% (-399.40%) | -99.90% (-251.13%) | 66.10% (38.87%) | 47.60% (103.42%) |
Return on Average Equity (ROAE) | -34.80% (-40.89%) | -24.70% (-786.11%) | 3.60% (1300.00%) | -0.30% (90.63%) |
Return on Average Assets (ROAA) | -30.30% (-32.31%) | -22.90% (-793.94%) | 3.30% (1200.00%) | -0.30% (90.32%) |
Return on Sales (ROS) | -746.60% (-285.64%) | -193.60% (-862.20%) | 25.40% (154.00%) | 10.00% (130.03%) |
Return on Invested Capital (ROIC) | -35.50% (-1.72%) | -34.90% (-515.48%) | 8.40% (211.11%) | 2.70% (154.00%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -0.1 (63.08%) | -0.28 (-109.03%) | 3.09 (106.42%) | -48.11 (-915.86%) |
Price to Sales Ratio (P/S) | 0.8 (38.74%) | 0.57 (22.17%) | 0.47 (-43.08%) | 0.82 (-41.56%) |
Price to Book Ratio (P/B) | 0.04 (-50.00%) | 0.08 (-30.58%) | 0.12 (-23.42%) | 0.16 (6.04%) |
Debt to Equity Ratio (D/E) | 0.18 (72.12%) | 0.1 (35.06%) | 0.08 (-4.94%) | 0.08 (32.79%) |
Earnings Per Share (EPS) | -5.49 (7.26%) | -5.92 (-692.00%) | 1 (1211.11%) | -0.09 (89.66%) |
Sales Per Share (SPS) | 0.71 (-75.20%) | 2.88 (-56.27%) | 6.58 (25.29%) | 5.25 (79.78%) |
Free Cash Flow Per Share (FCFPS) | -5.58 (-77.82%) | -3.14 (-331.76%) | 1.35 (308.95%) | -0.65 (49.61%) |
Book Value Per Share (BVPS) | 13.4 (-31.88%) | 19.67 (-27.31%) | 27.06 (-1.15%) | 27.37 (-4.64%) |
Tangible Assets Book Value Per Share (TABVPS) | 15.8 (-27.27%) | 21.72 (-25.44%) | 29.13 (-1.55%) | 29.59 (-2.88%) |
Enterprise Value Over EBIT (EV/EBIT) | 0 (0%) | 1 (133.33%) | -3 (62.50%) | -8 (-260.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -0.1 (-103.75%) | 2.59 (325.07%) | -1.15 (31.28%) | -1.67 (75.16%) |
Asset Turnover | 0.04 (-64.86%) | 0.11 (-48.85%) | 0.22 (18.58%) | 0.18 (79.41%) |
Current Ratio | 0.98 (-85.61%) | 6.84 (-32.57%) | 10.14 (22.03%) | 8.31 (-44.99%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$59,851,145 (-82.74%) | -$32,751,851 (-341.03%) | $13,588,133 (300.36%) | -$6,781,971 (45.37%) |
Enterprise Value (EV) | $3,690,660 (104.75%) | -$77,638,328 (-54.75%) | -$50,168,829 (-14.58%) | -$43,783,595 (1.39%) |
Earnings Before Tax (EBT) | -$57,287,270 (1.66%) | -$58,256,662 (-449.96%) | $16,646,435 (209.79%) | $5,373,500 (156.39%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$38,217,784 (-27.28%) | -$30,027,347 (-168.77%) | $43,663,789 (66.72%) | $26,189,810 (297.07%) |
Invested Capital | $150,376,035 (-0.64%) | $151,347,090 (-16.89%) | $182,113,521 (-13.39%) | $210,262,180 (3.42%) |
Working Capital | -$281,032 (-100.38%) | $73,484,384 (-31.74%) | $107,649,606 (6.01%) | $101,545,326 (1.33%) |
Tangible Asset Value | $169,455,995 (-25.24%) | $226,671,708 (-22.49%) | $292,431,342 (-5.62%) | $309,856,862 (5.38%) |
Market Capitalization | $6,087,529 (-64.63%) | $17,212,675 (-47.80%) | $32,976,245 (-27.26%) | $45,332,835 (10.06%) |
Average Equity | $169,502,302 (-32.27%) | $250,265,685 (-9.31%) | $275,969,231 (-1.38%) | $279,825,738 (6.73%) |
Average Assets | $194,773,682 (-27.84%) | $269,902,897 (-11.45%) | $304,812,938 (1.32%) | $300,828,828 (9.01%) |
Invested Capital Average | $160,997,682 (-3.38%) | $166,622,330 (-16.32%) | $199,129,823 (-1.43%) | $202,010,208 (7.22%) |
Shares | 10,726,924 (2.83%) | 10,431,924 (-2.25%) | 10,671,924 (1.93%) | 10,469,477 (4.72%) |
