profit from every $100 of sales.

Gulf Resources
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2024.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What Gulf Resources sold, what it kept, and what it did with the cash.
Sales went from $55.0 million in 2021 to $7.66 million in 2024, with -$58.9 million of profit last year.
Gulf Resources vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Gulf Resources | No profit yet | ||
PPG Industries | 17.2× · Fair price | ||
LyondellBasell Industries | No profit yet | ||
DuPont de Nemours | No profit yet | ||
International Flavors & Fragrances | No profit yet |
AI analysis
An AI analyst reads Gulf Resources's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 55 | 66 | 30 | 8 | |
| 17 | 25 | -8 | -16 | |
| 5 | 16 | -12 | -21 | |
| 26 | 44 | -30 | -38 | |
| -1 | 10 | -62 | -59 | |
| -0.09 | 1.00 | -5.92 | -5.49 | |
| 31.2% | 38.5% | -25.3% | -208.4% | |
| 9.5% | 24.9% | -39.6% | -277.8% | |
| -1.7% | 15.2% | -205.7% | -769.3% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total assets | 310 | 292 | 227 | 169 |
| Cash | 96 | 108 | 72 | 10 |
| Total debt | 10 | 10 | 9 | 9 |
| Total liabilities | 23 | 21 | 21 | 26 |
| 287 | 272 | 205 | 144 | |
| 10 | 10 | 10 | 11 | |
| 1.5% | 4.7% | -21.4% | -29.6% | |
| -0.3% | 3.7% | -30.1% | -41.0% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 23 | 51 | -33 | 1 | |
| 30 | 38 | – | 61 | |
| -7 | 14 | -33 | -60 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 3 | 1 | 0 | 0 |
Valuation
- –
- –
- –
- 0.0×
- 0.7×
- –
- –
- -1,178.7%
- -1,160.6%
- 0.0%
Profitability
- -208.4%
- -277.8%
- -769.3%
- -9.2%
- -9.9%
- -13.4%
- -44.3%
- -45.0%
- -9.9%
- –
Growth
- −48.2%
- –
- −82.7%
- –
- +2.7%
Financial health
- -0.0×
- 0.08
- 6.1%
- -137.9×
- 0.92
- 0.93
- 0.16
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Nov 19, 2025 | -2.86 | – | – |
| Aug 13, 2025 | -0.06 | – | – |
| May 13, 2025 | -0.40 | – | – |
| Dec 31, 2024 | -1.71 | – | – |
| Nov 19, 2024 | -0.33 | – | – |
| Oct 11, 2024 | -0.37 | – | – |
| Sep 27, 2024 | -5.63 | – | – |
| Jul 1, 2024 | -0.05 | – | – |
News
Oil is now flowing out of the Persian Gulf like before the Iran war. Why prices may still not come down anytime soon.MarketWatch · Oct 22, 2026Hurricane Isaias disrupts U.S. oil production in Gulf of Mexico, threatens refineriesCNBC · Oct 9, 2026Oil prices jump as Iran steps up tanker attacks, hurricane threatens U.S. Gulf productionCNBC · Oct 8, 2026Supertanker chartered from Gulf Coast to China for $76 million, 10 times higher than pre-war levelCNBC · Oct 7, 2026What Is Microsoft (MSFT) Planning With Its $10 Billion Gulf Cloud And AI Push?Yahoo Finance · Sep 25, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Gulf Resources
Is Gulf Resources a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Gulf Resources AI analysis
What does Gulf Resources do?
Gulf Resources, Inc., through its subsidiaries, manufactures and trades bromine and crude salt, chemical products, and natural gas in the People's Republic of China. It is in Chemicals - Specialty.
Does Gulf Resources pay a dividend?
No. Gulf Resources does not pay a dividend at the moment.
Is Gulf Resources stock halal?
No. Gulf Resources does not pass our halal screen: its debt is 172% of its market value, at or above the 33% limit. How we check
How has Gulf Resources stock done over the past year?
Down 28.8% over the past twelve months, to $2.80. It traded between $2.63 and $8.19 and is 65.8% below its high.
Who are Gulf Resources's competitors?
The largest listed companies in the same industry are PPG Industries, LyondellBasell Industries, DuPont de Nemours and International Flavors & Fragrances. The peers table on this page compares their profit, growth and price with Gulf Resources's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



