Gulf Resources Past Earnings Performance
Past criteria checks 0/6
Gulf Resources has been growing earnings at an average annual rate of 69.6%, while the Chemicals industry saw earnings growing at 11% annually. Revenues have been growing at an average rate of 43.9% per year.
Key information
69.6%
Earnings growth rate
70.0%
EPS growth rate
| Chemicals Industry Growth | 12.4% |
| Revenue growth rate | 43.9% |
| Return on equity | -2.2% |
| Net Margin | -13.7% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Gulf Resources makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 42 | -6 | 5 | 0 |
| 30 Jun 23 | 59 | 5 | 5 | 0 |
| 31 Mar 23 | 66 | 10 | 5 | 0 |
| 31 Dec 22 | 66 | 10 | 6 | 0 |
| 30 Sep 22 | 68 | 12 | 5 | 0 |
| 30 Jun 22 | 63 | 8 | 5 | 0 |
| 31 Mar 22 | 59 | 1 | 10 | 0 |
| 31 Dec 21 | 55 | -1 | 10 | 0 |
| 30 Sep 21 | 46 | 0 | 11 | 0 |
| 30 Jun 21 | 39 | -8 | 15 | 0 |
| 31 Mar 21 | 33 | -7 | 11 | 0 |
| 31 Dec 20 | 28 | -8 | 10 | 0 |
| 30 Sep 20 | 16 | -16 | 12 | 0 |
| 30 Jun 20 | 10 | -26 | 12 | 0 |
| 31 Mar 20 | 11 | -24 | 12 | 0 |
| 31 Dec 19 | 11 | -26 | 13 | 0 |
| 30 Sep 19 | 11 | -57 | 14 | 0 |
| 30 Jun 19 | 6 | -64 | 10 | 0 |
| 31 Mar 19 | 0 | -68 | 10 | 0 |
| 31 Dec 18 | 3 | -70 | 12 | 0 |
| 30 Sep 18 | 6 | -49 | 9 | 0 |
| 30 Jun 18 | 29 | -26 | 11 | 0 |
| 31 Mar 18 | 77 | -7 | 12 | 0 |
| 31 Dec 17 | 108 | 8 | 10 | 0 |
| 30 Sep 17 | 133 | 31 | 8 | 0 |
| 30 Jun 17 | 147 | 38 | 7 | 0 |
| 31 Mar 17 | 148 | 38 | 6 | 0 |
| 31 Dec 16 | 149 | 36 | 7 | 0 |
| 30 Sep 16 | 156 | 37 | 7 | 0 |
| 30 Jun 16 | 160 | 38 | 6 | 0 |
| 31 Mar 16 | 162 | 35 | 8 | 0 |
| 31 Dec 15 | 162 | 34 | 8 | 0 |
| 30 Sep 15 | 152 | 30 | 9 | 0 |
| 30 Jun 15 | 141 | 24 | 10 | 0 |
| 31 Mar 15 | 123 | 19 | 9 | 0 |
| 31 Dec 14 | 114 | 18 | 8 | 0 |
| 30 Sep 14 | 119 | 21 | 8 | 0 |
| 30 Jun 14 | 120 | 24 | 8 | 0 |
| 31 Mar 14 | 121 | 23 | 9 | 0 |
| 31 Dec 13 | 118 | 21 | 9 | 0 |
| 30 Sep 13 | 110 | 17 | 9 | 0 |
Quality Earnings: R29B is currently unprofitable.
Growing Profit Margin: R29B is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: R29B is unprofitable, but has reduced losses over the past 5 years at a rate of 69.6% per year.
Accelerating Growth: Unable to compare R29B's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: R29B is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-15.1%).
Return on Equity
High ROE: R29B has a negative Return on Equity (-2.19%), as it is currently unprofitable.