Gulf Resources, Inc. (GURE) financial statements (2020 and earlier)

Company profile

Business Address 99 WENCHANG RD, CHEMING INDUSTRIAL PARK
SHOUGUANG CITY, SHANDONG, 262714
State of Incorp. DE
Fiscal Year End December 31
SIC 28 - Chemicals And Allied Products (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 179209164134147
Cash and cash equivalents 179209164134147
Inventory, net of allowances, customer advances and progress billings (0)1675
Inventory (0)1675
Prepaid expense 00000
Deferred tax assets   00
Other undisclosed current assets 831525042
Total current assets: 187242222191194
Noncurrent Assets
Property, plant and equipment 8295109128124
Intangible assets, net (including goodwill)  292830 
Goodwill  292830 
Prepaid expense 1014551
Deferred tax assets, net197222
Other undisclosed noncurrent assets 00111
Total noncurrent assets: 111146144166129
TOTAL ASSETS: 299387366357323
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 119104
Accounts payable 11893
Employee-related liabilities 01000
Taxes payable 11454
Other undisclosed accounts payable and accrued liabilities (1)(1)(4)(4)(3)
Debt 00000
Other undisclosed current liabilities 22564
Total current liabilities: 3314168
Noncurrent Liabilities
Long-term debt and lease obligation 22233
Capital lease obligations22233
Total noncurrent liabilities: 22233
Total liabilities: 56161911
Stockholders' equity
Stockholders' equity attributable to parent 294382349338312
Common stock 00000
Treasury stock, value (1)(1)(1)(1)(1)
Additional paid in capital 9595949480
Accumulated other comprehensive income (loss) (10)8(16)931
Retained earnings 210280272236202
Total stockholders' equity: 294382349338312
TOTAL LIABILITIES AND EQUITY: 299387366357323

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 3108149162114
Other operating income (0)0000
Cost of revenue (1)(63)(95)(109)(82)
Gross profit: 144545332
Operating expenses (47)(0)(2)(7)(35)
Other undisclosed operating income (loss) (38)(33)(5)(1)27
Operating income (loss): (84)11484524
Nonoperating income 10000
Investment income, nonoperating 11000
Foreign currency transaction gain, before tax     0
Interest and debt expense (0)(0)(0)(0)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes 00000
Income (loss) from continuing operations before income taxes: (83)12484524
Income tax expense (benefit) 13(4)(12)(11)(6)
Net income (loss) available to common stockholders, diluted: (70)8363418

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss): (70)8363418
Comprehensive income (loss): (70)8363418
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (19)24(25)(22)(1)
Comprehensive income (loss), net of tax, attributable to parent: (89)32111217

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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