Gulf resources, inc. (GURE)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Current Assets
Cash

93,632

100,301

105,218

160,354

179,653

178,998

208,245

215,975

236,720

208,906

193,385

176,303

172,804

163,884

141,083

146,273

148,411

133,606

120,892

118,027

111,412

146,585

131,866

128,952

119,263

107,828

97,204

86,422

78,491

65,241

58,644

72,044

81,867

78,576

85,821

59,738

68,494

Accounts receivable

620

4,877

9,673

6,714

20

0

396

4,650

10,246

29,765

71,792

86,858

60,626

51,835

71,396

71,335

51,625

49,980

74,279

75,429

60,377

41,997

48,334

45,303

41,335

44,885

41,543

39,163

30,891

35,969

41,930

-

-

21,919

-

-

-

Accounts receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41,297

27,278

-

24,283

36,229

21,542

Inventories, net

674

690

680

453

0

0

65

181

193

1,196

2,431

4,842

5,147

5,881

5,772

6,707

6,958

7,180

7,370

6,755

7,000

5,367

5,273

5,574

5,771

5,301

5,805

5,371

5,403

5,993

4,787

3,955

4,766

4,437

3,150

3,151

2,679

Prepayments and deposits

1,278

1,332

1,375

1,364

1,383

8,096

2,454

1,456

1,598

1,395

575

20

30

117

70

405

30

0

11

25

8

86

254

20

31

4

9

18

28

0

321

346

363

307

970

46

939

Prepaid land leases

-

-

175

176

186

235

517

773

607

246

381

783

378

47

372

527

369

49

311

533

346

51

290

471

259

50

285

459

243

47

236

371

105

46

203

300

42

Other receivables

-

-

-

-

-

12

-

-

-

2

-

-

-

1

-

-

-

0

-

-

-

38

-

-

-

0

2,927

-

-

-

-

-

-

-

-

-

-

Other receivable

0

0

0

10

11

-

12

12

2

-

2

2

2

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

3

3

0

0

0

0

1

1

1

1

7

7

6

6

44

105

167

228

1

1

99

Other receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

300

151

-

Total Current Assets

96,207

107,202

117,124

169,074

181,254

187,343

211,691

223,049

249,369

241,513

268,567

268,810

238,988

221,767

218,695

225,250

207,398

190,821

202,867

200,773

179,146

194,127

186,020

180,323

166,662

158,072

147,782

131,442

115,066

107,258

105,964

118,121

114,549

105,516

114,731

99,619

93,799

Non-Current Assets
Property, plant and equipment, net

136,032

137,994

139,548

121,296

89,963

82,282

66,868

94,828

94,051

95,114

97,623

100,712

104,154

108,731

122,424

112,549

121,711

127,871

125,441

127,650

134,469

124,350

130,528

131,472

138,316

146,400

149,118

155,117

159,649

165,942

157,937

142,496

141,740

147,200

138,917

140,623

112,178

Finance lease right-of-use assets

-

-

-

-

-

250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease right-of use assets

175

179

178

184

190

-

313

394

484

492

345

414

478

554

657

743

847

927

1,031

1,162

1,245

1,339

1,420

1,515

1,597

1,701

1,775

1,898

1,914

1,996

2,064

2,156

2,252

2,336

2,402

2,444

-

Operating lease right-of-use assets

8,551

8,817

8,817

9,198

9,520

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid land leases, net of current portion

9,342

9,115

8,818

9,077

9,255

9,639

13,580

14,151

14,919

14,477

4,796

4,725

4,665

4,754

4,881

4,966

5,101

5,197

5,309

5,529

5,507

733

733

738

742

753

752

752

746

748

746

752

760

763

761

751

743

Deferred tax assets

16,804

15,940

13,459

20,731

20,795

19,030

16,143

9,408

7,989

6,526

2,315

2,268

2,227

2,215

2,304

2,321

2,379

2,367

2,416

2,514

2,502

2,430

2,295

2,295

2,295

2,316

2,296

2,285

2,252

2,246

2,406

-

-

2,509

-

-

-

Goodwill

-

-

-

-

0

-

27,902

29,010

30,524

29,374

28,920

28,332

27,820

27,668

28,743

28,944

29,706

29,559

30,173

31,396

31,452

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,461

2,495

-

1,966

2,034

-

Total non-current assets

170,906

172,048

170,822

160,489

129,724

111,203

124,808

147,793

147,970

145,985

134,001

136,454

139,346

143,923

159,012

149,525

159,746

165,922

164,372

168,252

175,178

128,854

134,977

136,021

142,951

151,171

153,942

160,054

164,562

170,934

163,154

147,866

147,248

152,810

144,047

145,854

112,922

Total Assets

267,113

279,250

287,946

329,563

310,979

298,546

336,500

370,843

397,339

387,499

402,569

405,264

378,335

365,691

377,707

374,775

367,144

356,743

367,239

369,025

354,324

322,982

320,998

316,345

309,614

309,244

301,725

291,497

279,629

278,193

269,118

265,987

261,798

258,327

258,779

245,474

206,721

Liabilities and Stockholders Equity
Current Liabilities
Accounts and other payable and accrued expenses

1,054

1,106

3,870

27,360

3,433

905

797

774

991

1,032

4,342

14,540

10,366

8,682

10,492

14,999

12,000

9,929

19,763

16,856

16,300

4,004

6,342

6,824

6,122

5,645

6,346

6,330

5,963

6,533

6,381

7,556

7,742

7,373

10,195

8,044

6,419

Retention payable

0

3,805

3,753

2,006

299

332

618

643

993

956

0

0

2

733

771

17

634

1,135

563

44

44

326

321

0

207

209

154

385

379

1,432

1,419

97

541

556

1,668

1,623

453

Taxes payable-current

767

779

4,020

1,954

807

1,188

1,556

1,616

1,771

1,041

2,960

7,783

5,855

4,341

6,099

7,336

5,218

4,814

5,815

7,086

5,287

3,545

4,269

4,566

3,723

5,248

5,456

4,715

3,199

2,856

3,303

4,232

3,537

4,058

5,137

8,035

7,163

Finance lease liability, current portion

-

-

-

-

-

197

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease liability, current portion

230

198

162

132

240

-

160

128

254

203

160

117

230

187

153

112

244

196

155

114

254

205

155

106

252

202

150

99

246

193

140

90

244

189

136

82

-

Operating lease liabilities, current portion

424

416

406

474

416

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Current Liabilities

2,476

6,306

12,213

31,928

5,197

2,623

3,133

3,162

4,011

3,233

7,462

22,441

16,455

13,945

17,516

22,465

18,097

16,076

26,298

24,102

21,887

8,082

11,087

11,497

10,305

11,305

12,106

11,530

9,788

11,015

11,245

11,976

12,065

12,178

17,137

17,786

14,035

Non-Current Liabilities
Finance lease liability, net of current portion

-

-

-

-

-

2,069

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease liability, net of current portion

1,876

1,905

1,879

1,933

2,109

-

2,064

2,146

2,394

2,303

2,268

2,222

2,297

2,284

2,373

2,390

2,568

2,555

2,609

2,714

2,815

2,826

2,811

2,810

2,917

2,943

2,919

2,904

2,960

2,952

2,926

2,934

3,039

3,036

3,010

2,956

-

Operating lease liabilities, net of current portion

7,709

7,931

7,731

7,859

8,535

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes payable-non-current

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Non-Current Liabilities

9,585

9,837

9,611

9,793

10,645

2,069

2,064

2,146

2,394

2,303

-

-

-

2,284

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Liabilities

12,061

16,143

21,824

41,721

15,842

4,693

5,198

5,309

6,405

5,537

9,731

24,663

18,752

16,230

19,890

24,855

20,666

18,632

28,907

26,817

24,703

10,908

13,898

14,308

13,223

14,249

15,026

14,435

12,749

13,968

14,172

14,911

15,105

15,214

20,148

20,742

14,035

Stockholders Equity
PREFERRED STOCK; $0.001 par value; 1,000,000 shares authorized; none outstanding

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

COMMON STOCK; $0.0005 par value; 80,000,000 shares authorized; 9,563,257 and 9,563,257 shares issued; and 9,517,427 and 9,517,427 shares outstanding as of March 31, 2020 and December 31, 2019, respectively

23

23

23

23

23

23

23

23

23

23

23

23

23

23

23

23

23

23

23

23

23

19

19

19

19

19

19

19

19

19

17

17

17

17

17

17

17

Treasury stock; 45,830 and 45,830 shares as of March 31, 2020 and December 31, 2019 at cost

510

510

510

510

510

554

554

554

554

554

554

577

577

577

577

599

599

599

599

599

599

561

500

500

500

500

500

500

500

500

500

500

500

500

500

348

-

Additional paid-in capital

95,043

95,043

95,043

95,043

94,997

95,020

94,524

94,524

94,524

94,524

94,509

94,171

94,165

94,156

94,133

94,136

94,131

94,124

94,102

94,093

93,756

80,380

80,063

80,063

80,047

80,033

80,025

80,021

79,494

79,489

74,611

74,134

74,123

74,107

74,093

69,795

66,626

Retained earnings unappropriated

156,268

159,808

166,937

179,966

180,704

185,608

224,289

243,782

248,595

255,572

271,367

268,444

256,172

248,941

243,172

233,473

221,253

215,286

208,580

198,503

188,533

183,480

180,817

175,984

170,582

166,421

161,286

153,572

148,564

146,745

144,913

141,051

135,697

133,314

136,472

130,888

106,500

Retained earnings appropriated

24,233

24,233

24,233

24,233

24,233

24,233

24,233

24,233

24,233

24,233

25,737

25,234

23,755

22,910

22,634

21,817

20,840

20,340

19,748

19,145

18,340

18,078

17,859

17,653

17,390

17,265

16,781

16,385

16,038

15,973

15,900

15,648

15,313

14,409

10,271

10,271

10,271

Accumulated other comprehensive income(loss)

-

-

-

-

-

-

-

-

-

8,162

-

-

-

-15,994

-

-

-

8,936

16,476

31,041

29,566

30,676

28,839

28,815

28,850

31,754

29,086

27,562

23,264

22,496

20,004

20,725

22,041

21,763

18,276

14,107

9,269

Accumulated other comprehensive loss

-20,007

-15,491

-19,605

-10,915

-4,311

-10,478

-11,213

3,524

24,111

-

1,754

-6,696

-13,957

-

-1,569

1,068

10,829

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Stockholders' Equity

255,051

263,107

266,122

287,841

295,137

293,853

331,302

365,534

390,934

381,962

392,838

380,601

359,582

349,461

357,817

349,919

346,478

338,110

338,332

342,208

329,621

312,073

307,099

302,037

296,391

294,995

286,699

277,061

266,880

264,224

254,945

251,076

246,693

243,112

238,631

224,732

192,685

Total Liabilities and Stockholders' Equity

267,113

279,250

287,946

329,563

310,979

298,546

336,500

370,843

397,339

387,499

402,569

405,264

378,335

365,691

377,707

374,775

367,144

356,743

367,239

369,025

353,324

322,982

320,998

316,345

309,614

309,244

301,725

291,497

279,629

278,193

269,118

265,987

261,798

258,327

258,779

245,474

206,721