Gulf Resources (GURE) Gross Margin (2010 - 2024)
Gulf Resources' Gross Margin was -114.51% in Q2 2024, down 123.05 percentage points from 8.55% a year earlier and down 52.32 percentage points from the prior quarter.
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Analysis
Gulf Resources (GURE) Gross Margin (2010 - 2024) Analysis & Trends
On a trailing twelve-month basis, Gulf Resources' Gross Margin was -29.25% through Jun 30, 2024, down 78.01 percentage points year-over-year; for FY2023, it was 6.50%, down 50.12 percentage points from FY2022.
- Gross Margin shows a five-year change of -43.00 percentage points (FY2018 to FY2023).
- In earlier years, Gross Margin was 56.62% in FY2022 (+5.93 pp), 50.70% in FY2021 (+19.53 pp), 31.17% in FY2020 (-17.58 pp) and 48.75% in FY2019 (-0.75 pp).
- The Q2 2024 figure marks the lowest quarterly Gross Margin in data going back to Q2 2010.
- Compared with a year earlier, Gross Margin has declined for seven straight quarters, with an average year-over-year change of -51.26 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q1 2021 (a gain of 85.70 percentage points); the worst was Q2 2024 (a drop of 123.05 percentage points).
- Per Business Quant data, GURE's Gross Margin in the three quarters before Q2 2024 was -62.18% (Q1 2024), -10.99% (Q4 2023) and -8.67% (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 217.60 Bn | 200.72 Bn | 4.43 Bn | 47.67% |
| 2 | Corning | 130.50 Bn | 123.63 Bn | 1.63 Bn | 36.14% |
| 3 | Sherwin Williams | 80.80 Bn | 79.84 Bn | 3.34 Bn | 49.17% |
| 4 | Air Products & Chemicals | 62.07 Bn | 59.97 Bn | 1.04 Bn | 32.77% |
| 5 | Corteva | 51.85 Bn | 40.65 Bn | 3.66 Bn | 57.39% |
| 6 | LyondellBasell Industries | 37.65 Bn | 27.27 Bn | 2.04 Bn | 22.21% |
| 7 | Nutrien | 34.70 Bn | 31.57 Bn | 3.25 Bn | 30.07% |
| 8 | Qnity Electronics | 26.13 Bn | 23.56 Bn | 666.00 Mn | 46.61% |
| 9 | Ati | 24.61 Bn | 22.75 Bn | 309.80 Mn | 24.57% |
| 10 | Gulf Resources | 5.32 Mn | -14.78 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | -114.51% |
| Mar 31, 2024 | -62.18% |
| Dec 31, 2023 | -10.99% |
| Sep 30, 2023 | -8.67% |
| Jun 30, 2023 | 8.55% |
| Mar 31, 2023 | 27.23% |
| Dec 31, 2022 | 59.05% |
| Sep 30, 2022 | 63.23% |
| Jun 30, 2022 | 48.44% |
| Mar 31, 2022 | 49.05% |
| Dec 31, 2021 | 62.45% |
| Sep 30, 2021 | 53.83% |
| Jun 30, 2021 | 37.96% |
| Mar 31, 2021 | 20.49% |
| Dec 31, 2020 | 43.08% |
| Sep 30, 2020 | 35.60% |
| Jun 30, 2020 | 6.28% |
| Mar 31, 2020 | -65.21% |
| Sep 30, 2019 | 47.16% |
| Jun 30, 2019 | 50.24% |
API Access
Gulf Resources Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GURE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GURE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GURE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();