Gulf Historical Income Statement
| GURE Stock | USD 0.58 0.01 1.69% |
Historical analysis of Gulf Resources income statement accounts such as Selling General Administrative of 7 M or Total Revenue of 28.5 M can show how well Gulf Resources performed in making a profits. Evaluating Gulf Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Gulf Resources's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Gulf Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Gulf Resources is a good buy for the upcoming year.
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About Gulf Income Statement Analysis
Gulf Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Gulf Resources shareholders. The income statement also shows Gulf investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Gulf Resources Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Gulf Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Gulf Resources. It is also known as Gulf Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Gulf Resources income statement and represents the costs associated with goods and services Gulf Resources provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Gulf Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Gulf Resources current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gulf Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Gulf Stock refer to our How to Trade Gulf Stock guide.At present, Gulf Resources' Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 54.2 M, whereas Total Revenue is forecasted to decline to about 28.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 12.0M | 8.9M | 41.9M | 44.0M | Cost Of Revenue | 27.1M | 28.7M | 37.6M | 46.0M |
Gulf Resources income statement Correlations
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Gulf Resources Account Relationship Matchups
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Gulf Resources income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 3.3M | 10.5M | 12.2M | 12.3M | 14.1M | 12.9M | |
| Interest Expense | 145.4K | 136.4K | 137.2K | 121.4K | 105.2K | 115.4K | |
| Selling General Administrative | 13.3M | 10.2M | 9.5M | 6.0M | 4.3M | 7.0M | |
| Total Revenue | 10.6M | 28.2M | 55.0M | 66.1M | 30.0M | 28.5M | |
| Gross Profit | 5.2M | 8.8M | 27.9M | 37.4M | (7.6M) | (7.2M) | |
| Other Operating Expenses | 18.7M | 29.7M | 39.1M | 37.6M | 43.3M | 54.2M | |
| Operating Income | (7.7M) | (1.2M) | 16.2M | 28.8M | (11.9M) | (11.3M) | |
| Ebit | 3.1M | (9.4M) | 5.5M | 16.8M | 19.3M | 21.2M | |
| Ebitda | 6.4M | 1.1M | 17.7M | 29.0M | 33.4M | 34.1M | |
| Cost Of Revenue | 5.4M | 19.4M | 27.1M | 28.7M | 37.6M | 46.0M | |
| Total Operating Expenses | 13.3M | 10.3M | 12.0M | 8.9M | 41.9M | 44.0M | |
| Income Before Tax | (23.0M) | (9.5M) | 5.4M | 16.6M | (58.3M) | (55.3M) | |
| Net Income | (25.8M) | (8.4M) | (924.7K) | 10.1M | (61.8M) | (58.7M) | |
| Income Tax Expense | 2.8M | (1.1M) | 6.3M | 6.6M | 5.9M | 4.5M | |
| Total Other Income Expense Net | (15.3M) | 154.9K | 162.6K | 164.7K | (46.5M) | (44.2M) | |
| Net Income Applicable To Common Shares | (70.0M) | (25.8M) | (8.4M) | (924.7K) | (832.2K) | (790.6K) | |
| Selling And Marketing Expenses | 12.4K | 42.7K | 63.0K | 62.9K | 56.6K | 107.8K | |
| Net Income From Continuing Ops | (25.8M) | (8.4M) | (924.7K) | 10.1M | (61.8M) | (58.7M) | |
| Non Operating Income Net Other | 556.2K | 661.1K | 446.8K | 291.3K | 335.0K | 474.9K | |
| Tax Provision | 2.8M | (1.1M) | 6.3M | 6.6M | 3.5M | 3.3M | |
| Interest Income | 446.8K | 291.3K | 295.2K | 286.1K | 250.1K | 315.5K | |
| Net Interest Income | 301.3K | 154.9K | 158.0K | 164.7K | 144.9K | 212.9K | |
| Reconciled Depreciation | 14.1M | 16.0M | 20.5M | 26.9M | 28.1M | 22.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Gulf Resources is a strong investment it is important to analyze Gulf Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gulf Resources' future performance. For an informed investment choice regarding Gulf Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gulf Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Gulf Stock refer to our How to Trade Gulf Stock guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gulf Resources. If investors know Gulf will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gulf Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.662 | Earnings Share (9.26) | Revenue Per Share 1.552 | Quarterly Revenue Growth (0.70) | Return On Assets (0.13) |
The market value of Gulf Resources is measured differently than its book value, which is the value of Gulf that is recorded on the company's balance sheet. Investors also form their own opinion of Gulf Resources' value that differs from its market value or its book value, called intrinsic value, which is Gulf Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gulf Resources' market value can be influenced by many factors that don't directly affect Gulf Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gulf Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gulf Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gulf Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.