Gulf Resources (GURE) Gross Margin (2010 - 2024)
Gulf Resources (GURE) posted Gross Margin of 114.51% for Q2 2024, down 84.14% sequentially from 62.18% in Q1 2024, and down 12305.0% YoY from N/an in Q3 2023.
Gulf Resources (GURE) Gross Margin (2010 - 2024) Analysis & Trends
Gulf Resources has reported Gross Margin for 14 years, with the latest figure at 114.51% in Q2 2024.
- Quarterly Gross Margin fell 12305.0% year-over-year to 114.51% in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 29.25% (down 7801.0% YoY) and the FY2023 annual result came in at 6.5%, down 5012.0% from the prior year.
- Gross Margin declined to 114.51% in Q2 2024 per GURE's latest filing, from 62.18% in the prior quarter.
- Over five years, Gross Margin peaked at 63.23% in Q3 2022 and troughed at 547.41% in Q1 2020.
- A 5-year average of 12.7% and a median of 31.42% in 2020 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2020 and 2024: Gross Margin surged 1048306 bps in 2020, then sank 12305 bps in 2024.
- Over 5 years, Gross Margin stood at 43.08% in 2020, then soared by 45 bps to 62.45% in 2021, then declined by 5 bps to 59.05% in 2022, then slumped by 119 bps to 10.99% in 2023, then plunged by 942 bps to 114.51% in 2024.
- According to Business Quant data, Gross Margin over the past three periods registered 114.51%, 62.18%, and 10.99% for Q2 2024, Q1 2024, and Q4 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.14 Bn | 3.78 Bn | 618.00 Mn | 22.46% |
| 2 | Methanex | 4.55 Bn | 4.16 Bn | - | - |
| 3 | Olin | 2.12 Bn | 1.94 Bn | 170.20 Mn | 9.77% |
| 4 | Braskem | 1.59 Bn | -362.05 Mn | - | - |
| 5 | Rex American Resources | 1.47 Bn | 1.10 Bn | 29.07 Mn | 18.58% |
| 6 | Green Plains | 1.11 Bn | 864.79 Mn | 113.03 Mn | 25.33% |
| 7 | Tronox Holdings | 895.13 Mn | 701.13 Mn | 55.00 Mn | 6.34% |
| 8 | Lsb Industries | 776.55 Mn | 558.19 Mn | 11.46 Mn | 6.82% |
| 9 | Westlake Chemical Partners | 761.87 Mn | 712.54 Mn | 94.81 Mn | 31.91% |
| 10 | Gulf Resources | 4.43 Mn | 1.65 Mn | - | - |
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 | 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 | -547.41% |
| Sep 30, 2019 | 23.37% |
| Jun 30, 2019 | 50.24% |