Gulf Resources, Inc. (NASDAQ: GURE) is a Nevada-based holding company that conducts its operational business primarily through wholly owned China-based subsidiaries. The company’s core activities center on the production and sale of bromine and crude salt, supported by natural gas-related resources and a portfolio of chemical products. Bromine is a ...Gulf Resources, Inc. (NASDAQ: GURE) is a Nevada-based holding company that conducts its operational business primarily through wholly owned China-based subsidiaries. The company’s core activities center on the production and sale of bromine and crude salt, supported by natural gas-related resources and a portfolio of chemical products. Bromine is a key offering: it is used in manufacturing bromine compounds, organic synthesis intermediates, flame retardants, agricultural fumigants, water treatment solutions, industrial dyes, and a variety of disinfectant and pharmaceutical-adjacent uses. Crude salt is also strategically important because it serves as a raw material used in alkali and chlorine-alkali production and supports broader industrial supply chains, including chemical manufacturing and food and beverage as well as other industrial processes.
Operationally, the company’s model is typical of commodity-to-chemicals producers: upstream feedstock extraction/processing (e.g., brine and related inputs) feeds chemical processing lines that generate saleable bromine and chemical derivatives. The company also manufactures and markets additional chemical products that are used by end markets such as oil and gas exploration, drilling support, and distribution, as well as papermaking and inorganic-compound applications. These downstream uses can create demand visibility tied to industrial activity in China and global cycles, while also requiring consistent product quality and stable supply.
From a cost and BOM perspective, the economics of bromine/crude salt production are influenced by the availability and cost of brine and natural gas resources, energy and utility expenses (electricity/steam/fuel), environmental compliance and treatment costs, and chemicals and catalysts used in refining and processing. Inventory and working capital can become meaningful due to the timing of input purchases and production cycles; therefore, effective production scheduling and logistics management are important.
Financially, the provided TTM profitability metrics indicate weak margins (negative operating and net profit margins in the dataset). This can reflect common challenges for chemical producers such as price volatility, utilization rates, fixed-cost absorption, and changes in input costs. The company’s current ratio and liquidity indicators in the dataset suggest it maintains working-capital capacity, but returns on assets and equity are currently depressed in the provided snapshot.
Key leadership includes CEO Xiaobin Liu. The company has pursued development activities and R&D initiatives (including an R&D center partnership described in public materials), which indicates an intent to refine bromine-based chemical outputs and support broader product application opportunities. Overall, Gulf Resources positions itself as a bromine and brine-focused producer with an enabling chemical product platform, aiming to capture demand across multiple industrial end uses while managing the operational and margin risks inherent in resource- and energy-intensive chemical manufacturing.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$25.4M
+231.8%
-63.1%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-43.9M
+25.5%
-37.6%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
-11.6%
+94.5%
+100.9%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-33.7%
+87.9%
-3.1%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-172.8%
+77.5%
-273.4%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-1.0M
+96.3%
-81.3%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-4.1%
+98.9%
-49.2%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
15.8%
+42.2%
+2.5%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
2.98x
+121.7%
-21.5%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
