Gulf Resources (GURE) Gross Profit (2010 - 2024)
Gulf Resources (GURE) posted Gross Profit of -$2.7 million for Q2 2024, down 235.75% sequentially from -$812783.0 in Q1 2024, and down 498.76% YoY from $684340.0 in Q3 2023.
Gulf Resources (GURE) Gross Profit (2010 - 2024) Analysis & Trends
Gulf Resources has reported Gross Profit for 14 years, with the latest figure at -$2.7 million in Q2 2024.
- Quarterly Gross Profit fell 498.76% year-over-year to -$2.7 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was -$4.8 million (down 116.77% YoY) and the FY2023 annual result came in at $2.0 million, down 94.78% from the prior year.
- Gross Profit fell to -$2.7 million in Q2 2024 per GURE's latest filing, from -$812783.0 in the prior quarter.
- Over five years, Gross Profit peaked at $14.5 million in Q3 2022 and troughed at -$3.1 million in Q1 2020.
- A 5-year average of $3.9 million and a median of $3.1 million in 2020 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2021 and 2024: Gross Profit surged 1157.4% in 2021, then slumped 498.76% in 2024.
- Over 5 years, Gross Profit stood at $5.1 million in 2020, then jumped by 156.19% to $13.0 million in 2021, then retreated by 15.77% to $11.0 million in 2022, then tumbled by 106.88% to -$755149.0 in 2023, then plunged by 261.37% to -$2.7 million in 2024.
- According to Business Quant data, Gross Profit over the past three periods registered -$2.7 million, -$812783.0, and -$755149.0 for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Celanese | 5.16 Bn | 3.79 Bn | 618.00 Mn |
| 2 | Methanex | 4.66 Bn | 4.28 Bn | - |
| 3 | Olin | 2.10 Bn | 1.92 Bn | 170.20 Mn |
| 4 | Braskem | 1.59 Bn | -361.33 Mn | - |
| 5 | Rex American Resources | 1.48 Bn | 1.12 Bn | 29.07 Mn |
| 6 | Green Plains | 1.13 Bn | 883.11 Mn | 113.03 Mn |
| 7 | Tronox Holdings | 889.52 Mn | 695.52 Mn | 55.00 Mn |
| 8 | Lsb Industries | 809.80 Mn | 591.44 Mn | 11.46 Mn |
| 9 | Westlake Chemical Partners | 759.05 Mn | 709.73 Mn | 94.81 Mn |
| 10 | Gulf Resources | 4.53 Mn | 1.75 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -2.73 Mn |
| Jun 30, 2024 | -2.73 Mn |
| Mar 31, 2024 | -812,783.00 |
| Mar 31, 2024 | -812,783.00 |
| Dec 31, 2023 | -755,149.00 |
| Dec 31, 2023 | -755,149.00 |
| Sep 30, 2023 | -508,287.00 |
| Sep 30, 2023 | -508,287.00 |
| Jun 30, 2023 | 684,340.00 |
| Jun 30, 2023 | 684,340.00 |
| Mar 31, 2023 | 2.53 Mn |
| Mar 31, 2023 | 2.53 Mn |
| Dec 31, 2022 | 10.98 Mn |
| Dec 31, 2022 | 10.98 Mn |
| Sep 30, 2022 | 14.46 Mn |
| Sep 30, 2022 | 14.46 Mn |
| Jun 30, 2022 | 7.61 Mn |
| Jun 30, 2022 | 7.61 Mn |
| Mar 31, 2022 | 4.38 Mn |
| Mar 31, 2022 | 4.38 Mn |