Gulf Resources Inc

Company Profile

Gulf Resources Inc had its IPO on 1992-11-18 under the ticker symbol GURE.

The company operates in the Basic Materials sector and Chemicals industry. Gulf Resources Inc has a staff strength of 435 employees.

Stock update

Shares of Gulf Resources Inc opened at $2.16 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.15 - $2.2, and closed at $2.15.

This is a 0% increase from the previous day's closing price.

A total volume of 10,942 shares were traded at the close of the day’s session.

In the last one week, shares of Gulf Resources Inc have slipped by -1.83%.

Gulf Resources Inc's Key Ratios

Gulf Resources Inc has a market cap of $22.95 million, indicating a price to book ratio of 0.1279 and a price to sales ratio of 0.4963.

In the last 12-months Gulf Resources Inc’s revenue was $58.76 million with a gross profit of $21.48 million and an EBITDA of $22.86 million. The EBITDA ratio measures Gulf Resources Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Gulf Resources Inc’s operating margin was 16.54% while its return on assets stood at 2.11% with a return of equity of 1.88%.

In Q2, Gulf Resources Inc’s quarterly earnings growth was a positive 66.2% while revenue growth was a negative 49%.

Gulf Resources Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

4.3137

PEG

0

Its diluted EPS in the last 12-months stands at $0.51 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Gulf Resources Inc’s profitability.

Gulf Resources Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -1.0715. Its price to sales ratio in the trailing 12-months stood at 0.4963.

Gulf Resources Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$278.31 million

Total Liabilities

$9.72 million

Operating Cash Flow

$0

Capital Expenditure

$15610

Dividend Payout Ratio

0%

Gulf Resources Inc ended 2024 with $278.31 million in total assets and $0 in total liabilities. Its intangible assets were valued at $278.31 million while shareholder equity stood at $260.25 million.

Gulf Resources Inc ended 2024 with $0 in deferred long-term liabilities, $9.72 million in other current liabilities, 24476.00 in common stock, $156.85 million in retained earnings and $0 in goodwill. Its cash balance stood at $115.27 million and cash and short-term investments were $115.27 million. The company’s total short-term debt was $583,975 while long-term debt stood at $0.

Gulf Resources Inc’s total current assets stands at $122.31 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $2.12 million compared to accounts payable of $6.09 million and inventory worth $796614.00.

In 2024, Gulf Resources Inc's operating cash flow was $0 while its capital expenditure stood at $15610.

Comparatively, Gulf Resources Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.15

52-Week High

$4.3

52-Week Low

$1.85

Analyst Target Price

$

Gulf Resources Inc stock is currently trading at $2.15 per share. It touched a 52-week high of $4.3 and a 52-week low of $4.3. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $2.23 and 200-day moving average was $2.84 The short ratio stood at 0.49 indicating a short percent outstanding of 0%.

Around 3261.1% of the company’s stock are held by insiders while 391.2% are held by institutions.