GULF RESOURCES, INC. GURE Cash Flow

Gulf resources, inc. (GURE)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES
NET LOSS
-24,435	-25,800	-57,351	-63,815	-67,891	-69,963	-48,582	-25,663	-7,098	7,953	31,298	38,388	37,833	36,225	37,477	37,641	35,219	34,068	29,652	24,011	18,900	17,871	20,608	23,679	23,370	20,967	17,255	13,258	13,591	14,995	14,069	15,540	19,874	30,952	0	0	0
Adjustments to reconcile net loss to net cash provided (used by) operating activities:
Interest on capital lease obligation
141	144	147	150	156	159	162	166	163	163	164	165	170	174	178	183	188	193	196	199	200	202	204	205	207	207	207	207	208	209	209	211	222	210	0	0	0
Amortization of prepaid land leases
-	-	-	-	-	761	810	1,042	1,018	982	977	753	750	774	778	775	780	774	755	733	700	680	676	671	666	660	614	578	537	493	460	426	449	424	0	0	0
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28,586	29,095	28,994	28,739	28,082	27,642	27,494	27,584	27,591	27,460	26,890	25,712	24,441	23,317	22,149	21,519	20,032	17,697	0	0	0
Depreciation and amortization
14,138	14,060	13,864	14,896	16,063	17,443	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized translation difference
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-774	340	-584	-101	-61	0	0	0	-	-	-	-
Unrealized exchange (gain) loss on inter-company balances
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax asset
2,885	2,746	2,138	-11,771	-13,289	-13,087	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-83	0	0	0	-	-	-	0	-	-	-	-	489	-475	-495	-2,499	-2,569	0	0	0
Unrealized translation difference
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense - options
-	-	-	-	-	-	-	-	-	372	380	42	42	40	38	43	374	374	669	659	339	346	38	42	553	544	543	1,016	500	510	517	4,338	4,358	7,481	0	0	0
Common stock issued for services
0	21	21	21	21	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in assets and liabilities:
Accounts receivable
804	5,070	9,568	2,254	-9,778	-30,241	-72,515	-85,180	-55,075	-26,110	-570	16,780	13,310	6,167	146	1,405	-5,196	-7,387	9,179	10,387	-396	-2,751	6,806	5,960	9,777	7,777	-1,518	-2,955	3,445	13,936	17,467	4,484	-1,420	-995	0	0	0
Inventories
699	700	657	305	-152	-1,192	-2,364	-4,758	-5,155	-4,883	-3,350	-1,738	-1,413	-901	-1,250	532	328	592	685	-507	-426	84	-548	159	244	-879	864	1,301	621	1,550	1,646	748	2,843	1,621	0	0	0
Prepayments and deposits
-103	-14	114	37	34	81	1,375	1,431	1,441	1,389	116	133	127	128	9	-11	21	-92	-249	-2	-30	80	244	2	3	4	-311	-327	-335	-307	-632	295	194	-648	0	0	0
Other receivables
-10	-11	-11	-1	9	11	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Accounts and other payable and accrued expenses
-2,654	-102	2,814	472	2,472	-106	-3,548	-14,041	-9,913	-8,203	-6,310	-274	-861	-503	-849	-666	-3,495	-1,847	-2,420	1,326	1,505	-1,616	0	469	55	-1,057	-207	-1,352	-1,797	-850	-3,845	-711	-1,588	551	0	0	0
Retention payable
39	0	-285	-285	-637	-597	633	633	943	206	-748	7	-600	-365	236	10	620	841	252	43	-163	117	166	-386	-178	-1,233	-1,286	268	-173	866	0	0	0	-	-	-	-
Taxes payable
-15	-374	-802	351	-937	175	-1,386	-6,297	-4,355	-3,597	-3,221	553	1,039	-76	577	750	239	656	809	1,525	594	-1,685	-1,192	-180	440	2,260	2,037	404	-345	-1,204	-1,912	-3,968	-6,356	-3,459	0	0	0
Prepaid land leases
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating leases
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease
-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
-12,843	-15,309	-17,960	-10,817	-2,821	17,340	62,254	74,640	74,227	62,751	49,479	47,249	49,267	55,216	64,699	63,343	66,993	70,401	49,013	47,999	51,533	46,573	41,238	42,548	39,623	40,151	45,411	43,132	34,798	24,765	16,248	32,012	40,619	59,047	0	0	0
CASH FLOWS USED IN INVESTING ACTIVITIES
Additions of prepaid land leases
-	-	-	-	-	680	10,306	10,355	10,523	10,481	859	876	672	673	673	667	684	683	683	681	678	664	664	664	659	638	638	-6,804	658	477	480	7,929	490	406	0	0	0
Purchase of property, plant and equipment
65,500	60,611	81,177	36,441	37,679	35,273	28,727	28,212	18,000	17,938	870	16,184	16,998	16,995	36,815	23,729	22,915	22,858	2,872	6,499	6,499	6,538	9,645	3,232	3,232	3,192	0	0	0	-	-	-	-	52,907	0	0	0
Consideration paid for business acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	66,305	66,305	66,305	66,305	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash acquired from acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,074	14,074	14,074	14,074	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-65,500	-60,611	-81,174	-36,429	-37,993	-35,954	-39,034	-38,567	-28,524	-28,419	978	-14,352	-14,962	-14,961	-37,489	-24,397	-23,600	-75,772	-55,786	-59,411	-59,386	-7,181	-6,112	-6	-22	37	-8,903	-30,171	-38,058	-37,877	-43,147	-21,234	-49,020	-51,973	0	0	0
CASH FLOWS USED IN FINANCING ACTIVITIES
Repurchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	99	99	99	61	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-344	-406	-406	-404	-366	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
EFFECTS OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS
-7,401	-2,500	-3,617	-8,099	-15,958	-10,999	-8,065	3,894	18,487	10,964	2,117	-2,592	-9,625	-9,689	-6,731	-10,413	-6,087	-7,263	-3,795	893	407	-269	-159	292	1,472	2,701	2,354	1,720	180	74	19	1,978	3,111	3,796	0	0	0
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS
-86,020	-78,696	-103,027	-55,621	-57,067	-29,907	14,860	39,672	63,916	45,022	52,302	30,030	24,392	30,278	20,191	28,245	36,999	-12,979	-10,974	-10,924	-7,850	38,756	34,661	42,529	40,771	42,587	38,560	14,377	-3,375	-13,335	-27,177	12,306	-6,077	10,081	0	0	0
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES
Cash paid during the period for:
Income taxes
0	0	0	0	0	0	1,522	6,479	9,314	11,113	12,990	12,188	11,620	12,140	11,960	11,566	11,755	10,747	9,266	7,439	6,344	7,604	8,122	8,249	7,640	5,605	4,775	4,598	5,103	6,256	6,730	11,398	16,147	18,794	0	0	0
Operating right-of-use assets obtained in exchange for lease obligations
0	8,241	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating right-of-use assets obtained in exchange for lease obligations
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SUPPLEMENTAL DISCLOSURE OF CASH NON-CASH INVESTING AND FINANCING ACTIVITIES
Par value of common stock issued upon cashless exercise of options
0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock upon cashless exercise of options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Fair value of common stock issued for acquisition of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,373	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Inception of capital lease obligation for acquiring property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,127	0	0	0