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Gulf Resources, Inc. (NV) Common Stock

Company price
3.15 USD 0.10 ( 3.28%)
Last update at 2026-11-06T21:00:00Z
VOLUME
1986
Market Cap
6.35M

Momentum Score

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Gulf Resources, Inc., through its subsidiaries, manufactures and trades in bromine and crude salt in the People's Republic of China. The company operates through four segments: Bromine, Crude Salt, Chemical Products, and Natural Gas. It provides bromine for the manufacturing of various bromine compounds for applications in industry and agriculture, intermediates in organic synthesis, brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants. The company also offers crude salt for applications in alkali and chlorine alkali production, as well as chemical, food and beverage, and other industries. In addition, it manufactures and sells chemical products for use in oil and gas field exploration, oil and gas distribution, oil field drilling, papermaking chemical agents, and inorganic chemicals; materials that are used for human and animal antibiotics; and engaged in the exploration and development of natural gas and brine resources. Gulf Resources, Inc. is headquartered in Shouguang, the People's Republic of China.

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Day Price Range
2.98
Low
3.15
High
52 Week Price Range
2.04
Low
11.83
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Gulf Resources, Inc. is a NASDAQ-listed small-cap developer and producer of fertilizer and industrial minerals with operations in the Middle East that markets potassium-based products to regional and international customers. Long-term growth drivers include rising demand for specialty potassium fertilizers, capacity expansion, and agricultural demand in emerging markets, which could support revenue growth and margin improvement.
Principal risks are commodity-price volatility, execution and operational risk around production and expansion projects, geopolitical and regulatory exposure from operating in the region, and limited liquidity and disclosure typical of small resource companies.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
3.05
Dividend Yield
-
Revenue TTM
26.18M
Revenue Per Share
18.29
Gross Profit TTM
-2.45M
Debt / Equity
0.06
ROE
-34.23%
Net Debt
5.19M
ROCE
-6.83%
Diluted EPS TTM
-30.44

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -43.92M -57.29M -58.26M 16.65M 5.37M
Net income -43.92M -58.94M -61.80M 10.06M -0.92M
Selling general administrative 5.63M 5.27M 4.30M 6.03M 9.53M
Selling and marketing expenses - 0.05M - 0.06M 0.06M
Gross profit -2.94M -15.97M -7.59M 37.43M 27.90M
Reconciled depreciation 17.38M 18.98M 28.12M 26.90M 20.54M
Ebit - -57.20M - 28.77M 16.23M
Ebitda - -38.22M - 55.67M 36.77M
Depreciation and amortization - 18.98M - 26.90M 20.54M
Operating income -8.57M -21.28M -11.89M 28.77M 16.23M
Other operating expenses - 28.94M - 37.61M 39.10M
Interest expense 0.37M 0.09M 0.11M 0.12M 0.14M
Tax provision 0.00M 1.65M 3.54M 6.59M 6.30M
Interest income 0.43M 0.08M 0.25M 0.29M 0.30M
Net interest income 0.05M -0.01M 0.14M 0.16M 0.16M
Income tax expense - 1.65M - 6.59M 6.30M
Total revenue 25.42M 7.66M 30.04M 66.09M 55.03M
Total operating expenses 33.99M 5.32M 41.93M 8.94M 11.97M
Cost of revenue 28.36M 23.63M 37.63M 28.67M 27.13M
Total other income expense net -35.41M -36.00M -46.51M -12.12M -10.86M
Net income from continuing ops -43.92M -58.94M -61.80M 10.06M -0.92M
Net income applicable to common shares - - - - -0.92M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 133.73M 169.46M 226.67M 292.43M 309.86M
Intangible assets 0.41M 9.62M 9.77M 9.51M 10.37M
Other current assets - 6.38M - 4.24M 4.45M
Total liab 22.25M 25.75M 21.42M 20.81M 23.22M
Total stockholder equity 111.48M 143.71M 205.25M 271.62M 286.64M
Other current liab - 16.88M - -6.20M 12.95M
Common stock - 0.02M - 0.02M 0.02M
Capital stock 0.00M 0.02M 0.02M 0.02M 0.02M
Retained earnings -7.53M 37.36M 122.96M 184.76M 174.70M
Other assets - - - - 23.27M
Cash 0.00M 10.08M 72.22M 108.23M 95.77M
Total current liabilities 8.24M 17.73M 12.59M 11.78M 13.89M
Current deferred revenue - 0.04M - 9.51M -
Net debt 5.19M -1.35M - -98.54M -85.71M
Short term debt - 0.71M - 0.65M 0.73M
Short long term debt 2.85M - - - -
Short long term debt total - 8.73M - 9.68M 10.06M
Other stockholder equity - 100.51M - 99.86M 100.06M
Property plant equipment - - - - 171.15M
Total current assets 24.57M 17.45M 86.07M 119.43M 115.43M
Net tangible assets - - - - 286.64M
Net receivables 3.27M 0.68M 4.87M 5.36M 14.53M
Long term debt 2.34M - - - -
Inventory 0.56M 0.32M 0.58M 1.60M 0.69M
Accounts payable 0.15M 0.03M 0.21M 7.82M 0.20M
Accumulated other comprehensive income - 5.81M - -13.03M 11.86M
Non currrent assets other - 9.77M - 9.51M 10.37M
Non current assets total 109.16M 152.01M 140.60M 173.01M 194.42M
Capital lease obligations 12.42M 8.73M 9.48M 9.68M 11.91M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -60.55M 0.00M -37.56M -30.09M
Change to liabilities - - - - 2.86M
Total cashflows from investing activities - -60.55M - - -30.09M
Net borrowings 4.84M -0.25M -0.27M - -0.29M
Total cash from financing activities 4.84M -0.25M -0.27M -0.26M -0.29M
Change to operating activities - - - - -0.97M
Net income -43.92M -58.94M -61.80M 10.06M -0.92M
Change in cash -10.07M -62.15M -36.00M 12.46M 1.54M
Begin period cash flow 10.08M 72.22M 108.23M 95.77M 94.22M
End period cash flow 0.00M 10.08M 72.22M 108.23M 95.77M
Total cash from operating activities 7.80M 0.68M -32.75M 51.15M 23.31M
Depreciation 17.38M 18.98M 28.12M 26.90M 20.54M
Other cashflows from investing activities - -0.03M - - -
Change to inventory -0.53M -0.73M 0.77M -0.94M -0.26M
Change to account receivables -2.64M 4.18M 0.41M 8.20M -7.75M
Other cashflows from financing activities - - - -37.56M -30.09M
Change to netincome - - - - 18.67M
Capital expenditures 8.85M 60.53M 19.54M 37.56M 30.09M
Change in working capital 1.73M 0.21M -2.98M 6.38M -6.66M
Stock based compensation 0.93M 0.19M 0.45M 0.67M 3.13M
Other non cash items - 38.60M - 0.56M 0.92M
Free cash flow -1.05M -59.85M -32.75M 13.59M -6.78M

Peer Comparison*

Sector: Basic Materials Industry: Chemicals

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
GURE
Gulf Resources, Inc. (NV) Common Stock
0.10
3.28%
3.15 - 4.01 0.24 0.06 0.68 -1.22
SHECF
Shin-Etsu Chemical Co. Ltd
-
-%
34.16 23.22 18.73 0.03 2.38 3.50 9.45
SHECY
Shin-Etsu Chemical Co Ltd ADR
-0.02
0.12%
16.95 22.65 18.25 0.03 2.32 3.46 9.34
BFFAF
BASF SE NA O.N.
-
-%
63.23 33.31 25.58 0.93 1.43 1.13 8.85
BASFY
BASF SE ADR
-0.63
4.01%
15.07 33.15 25.25 0.93 1.41 1.13 8.85

Profile*

Gulf Resources, Inc. (NV) Common Stock

Gulf Resources, Inc., through its subsidiaries, manufactures and trades in bromine and crude salt in the People's Republic of China. The company operates through four segments: Bromine, Crude Salt, Chemical Products, and Natural Gas. It provides bromine for the manufacturing of various bromine compounds for applications in industry and agriculture, intermediates in organic synthesis, brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants. The company also offers crude salt for applications in alkali and chlorine alkali production, as well as chemical, food and beverage, and other industries. In addition, it manufactures and sells chemical products for use in oil and gas field exploration, oil and gas distribution, oil field drilling, papermaking chemical agents, and inorganic chemicals; materials that are used for human and animal antibiotics; and engaged in the exploration and development of natural gas and brine resources. Gulf Resources, Inc. is headquartered in Shouguang, the People's Republic of China.

Vegetable Building, Shouguang, China, 262700

86 53 6567 0008

355

Name Title Year Born
Mr. Xiaobin Liu CEO & Director 1968
Mr. Min Li Chief Financial Officer 1976
Mr. Naihui Miao Sec., COO & Director 1968
Helen Xu IR Director NA
Mr. Ethan Chuang VP of Corp. Devel. 1977
Mr. Ganzuo Li Sr. Technical Adviser and Gen. Engineer 1938
Mr. Xiaobin Liu CEO & Chairman of the Board 1968
Mr. Naihui Miao Secretary, COO & Director 1968
Mr. Ethan Chuang Vice President of Corporate Development 1977

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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