Gulf Resources (GURE) Gross Margin (2010 - 2024)
Gulf Resources (GURE) reported Gross Margin of 114.51% for Q2 2024, down 12305.0% on a YoY basis from N/an in Q3 2023, and down 84.14% sequentially from 62.18% in Q1 2024.
Gulf Resources (GURE) Gross Margin (2010 - 2024) Analysis & Trends
Gulf Resources (GURE) has 14 years of Gross Margin data on file, last reported at 114.51% in Q2 2024.
- For the quarter ending Q2 2024, Gross Margin fell 12305.0% year-over-year to 114.51%; the trailing twelve-month figure through Jun 2024 stood at 29.25% (down 7801.0% YoY), and the FY2023 full-year result was 6.5%, down 5012.0% from the prior year.
- Gross Margin declined to 114.51% in Q2 2024, from 62.18% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 91.01% in Q3 2020 to a low of 547.41% in Q1 2020.
- A 5-year average of 9.33% and a median of 23.86% in 2021 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 55302 bps in 2020 and jumped 56791 bps in 2021, its largest moves.
- Tracing GURE's Gross Margin over 5 years: stood at 89.12% in 2020, then plunged by 106 bps to 4.91% in 2021, then surged by 1302 bps to 59.05% in 2022, then tumbled by 119 bps to 10.99% in 2023, then sank by 942 bps to 114.51% in 2024.
- Business Quant data shows GURE's Gross Margin at 114.51% in Q2 2024, 62.18% in Q1 2024, and 10.99% in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.19 Bn | 3.86 Bn | 468.00 Mn | 20.03% |
| 2 | Methanex | 4.49 Bn | 4.40 Bn | - | - |
| 3 | Olin | 2.69 Bn | 2.50 Bn | 75.80 Mn | 4.79% |
| 4 | Braskem | 1.98 Bn | -218.50 Mn | - | - |
| 5 | Rex American Resources | 1.49 Bn | 1.21 Bn | 28.91 Mn | 18.30% |
| 6 | Green Plains | 1.18 Bn | 1.01 Bn | 87.95 Mn | 19.73% |
| 7 | Tronox Holdings | 1.02 Bn | 1.04 Bn | 44.00 Mn | 5.79% |
| 8 | Lsb Industries | 880.78 Mn | 699.14 Mn | 35.79 Mn | 21.12% |
| 9 | Westlake Chemical Partners | 775.06 Mn | 730.77 Mn | 93.76 Mn | 30.67% |
| 10 | Gulf Resources | 5.03 Mn | -789,187.90 | - | - |
Historic Data
Download 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 | 75.54% |
| Dec 31, 2021 | -4.91% |
| Sep 30, 2021 | 53.83% |
| Jun 30, 2021 | 37.96% |
| Mar 31, 2021 | 20.49% |
| Dec 31, 2020 | 89.12% |
| Sep 30, 2020 | 91.01% |
| Jun 30, 2020 | 6.28% |
| Mar 31, 2020 | -547.41% |
| Sep 30, 2019 | 47.16% |
| Jun 30, 2019 | 52.15% |