Gulf resources, inc. (GURE)
Income statement / 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'11Mar'11Sep'10Jun'10
NET REVENUE
Net revenue

11,115

10,596

10,596

6,391

386

2,594

5,956

29,453

76,981

107,522

132,528

147,499

147,568

149,275

156,362

160,152

161,901

162,317

152,070

140,576

122,978

113,660

118,551

120,380

121,481

118,391

110,338

101,933

100,394

101,700

110,192

123,424

143,410

164,980

179,199

188,189

0

0

0

OPERATING INCOME (EXPENSE)
Cost of net revenue

6,315

5,430

5,430

3,095

104

1,310

2,803

17,253

44,185

63,157

80,264

88,854

91,117

94,785

100,459

104,351

107,436

109,035

103,296

98,197

88,484

81,737

84,159

84,264

84,958

84,209

81,085

76,179

74,308

73,439

75,733

82,457

86,062

89,538

92,412

92,059

0

0

0

Sales, marketing and other operating expenses

14

12

12

16

31

66

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales, marketing and other operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales, marketing and other operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

323

0

0

-

0

-

98

96

92

86

84

82

79

79

80

86

86

142

0

0

0

Research and development cost

-

-

-

-

-

-

-

-

-

195

232

258

263

261

247

249

242

230

221

182

151

134

129

131

153

140

136

131

139

164

185

190

261

398

1,238

1,801

0

0

0

Exploration cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

0

0

-

-

-

Write-off/Impairment on property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write-off/Impairment on property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss from disposal of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Write-off/Impairment on property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Write-off/impairment on property, plant and equipment

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

Write-off/Impairment on property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write-off / Impairment on property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Loss on demolition of factory

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Direct labor and factory overheads incurred during plant shutdown

14,492

15,175

14,786

16,864

19,679

21,081

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative expenses

12,011

13,272

13,707

10,011

9,802

11,268

8,195

9,448

10,380

8,536

7,257

6,294

5,247

5,434

5,961

5,179

6,603

6,668

7,491

8,554

7,821

7,161

7,125

7,193

7,914

8,563

7,955

7,700

6,649

6,792

11,550

15,301

15,645

17,874

12,518

7,790

0

0

0

Gain on relocation of factory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Gain on relocation of factory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Other operating income (loss)

0

-

0

-

0

-

0

-

-

281

386

422

428

433

439

447

446

453

459

461

468

468

449

439

609

587

575

553

342

304

256

1,539

1,855

1,821

1,849

0

0

0

-

Total Costs and Expenses

32,849

33,890

66,182

82,409

82,037

86,147

70,843

62,706

84,919

96,350

90,627

96,477

97,698

101,551

106,819

110,662

115,181

117,152

112,505

108,219

97,651

89,842

91,157

88,787

90,041

89,948

86,816

83,675

81,881

81,216

90,454

100,568

114,799

120,681

116,891

112,750

0

0

0

LOSS FROM OPERATIONS

-21,733

-23,294

-55,585

-76,018

-81,651

-83,552

-64,886

-33,252

-7,938

11,171

41,900

51,021

49,870

47,723

49,543

49,490

46,720

45,164

39,565

32,357

25,327

23,818

27,394

31,592

31,439

28,443

23,522

18,258

18,513

20,484

19,738

22,855

28,611

44,298

62,307

75,449

0

0

0

OTHER INCOME (EXPENSE)
Interest expense

142

145

148

151

155

160

164

166

165

164

164

166

170

174

179

184

189

194

197

200

201

203

205

206

207

208

208

208

209

210

212

213

224

212

160

108

0

0

0

Interest income

385

446

520

581

627

661

667

645

599

556

529

509

499

487

477

470

456

469

480

492

503

482

452

413

373

339

303

281

286

312

319

324

292

269

265

255

0

0

0

LOSS BEFORE TAXES

-21,489

-22,993

-55,212

-75,587

-81,180

-83,051

-64,383

-32,773

-7,504

11,563

42,264

51,364

50,198

48,036

49,841

49,776

46,987

45,439

39,847

32,649

25,629

24,097

27,641

31,798

31,605

28,575

23,617

18,331

18,590

20,586

19,846

22,967

28,679

44,355

62,413

75,586

0

0

0

INCOME TAX BENEFIT

2,945

2,806

2,138

-11,771

-13,289

-13,087

-15,800

-7,110

-405

3,610

10,966

12,975

12,364

11,810

12,363

12,135

11,768

11,371

10,195

8,638

6,728

6,226

7,033

8,119

8,234

7,607

6,361

5,072

4,999

5,591

5,776

7,427

8,804

13,402

17,575

19,906

0

0

0

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

44,837

55,679

0

0

0

COMPREHENSIVE LOSS:
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

44,837

55,679

0

0

0

OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments

-15,695

-5,013

-8,391

-14,440

-28,423

-18,641

-12,968

10,220

38,069

24,157

3,323

-7,764

-24,786

-24,930

-18,046

-29,973

-18,737

-21,740

-12,362

2,226

715

-1,077

-247

1,253

5,586

9,258

9,082

6,837

1,222

733

2,409

5,946

0

-

0

0

-

-

-

- Foreign currency translation adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

COMPREHENSIVE INCOME (LOSS)

-40,131

-30,813

-65,743

-78,256

-96,314

-88,604

-61,550

-15,442

30,970

32,110

34,622

30,624

13,047

11,295

19,431

7,668

16,482

12,327

17,289

26,237

19,616

16,793

20,361

24,932

28,957

30,225

26,337

20,095

14,814

15,728

15,796

22,157

30,624

43,446

56,662

64,018

0

0

0

LOSS PER SHARE:
BASIC AND DILUTED

-

-

-0.27

-

-

-

-0.42

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

BASIC

-0.37

-

-

-0.02

-0.52

-

-

-0.10

-0.15

-0.36

0.07

0.29

0.17

0.12

0.23

0.29

0.14

0.17

0.23

0.23

0.12

0.07

0.13

0.15

0.11

0.15

0.21

0.14

0.05

0.05

0.12

0.16

0.10

0.03

0.16

0.29

0.41

0.43

0.47

DILUTED

-0.37

-

-

-0.02

-0.52

-

-

-0.10

-0.15

-0.36

0.07

0.29

0.17

0.13

0.23

0.28

0.14

0.16

0.23

0.23

0.12

0.08

0.13

0.14

0.11

0.14

0.21

0.14

0.05

0.05

0.12

0.16

0.10

0.04

0.16

0.29

0.40

0.43

0.47

WEIGHTED AVERAGE NUMBER OF SHARES:
BASIC AND DILUTED

-

-

47,583

-

-

-

46,803

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

BASIC

9,517

-

-

47,214

9,377

-

-

46,803

46,803

46,803

46,794

46,793

46,793

46,799

46,301

46,008

46,007

46,052

46,007

45,928

42,680

38,727

38,726

38,726

38,598

38,480

38,368

38,367

38,367

35,143

34,560

34,560

34,560

34,558

34,620

34,729

34,735

34,640

34,587

DILUTED

9,517

-

-

47,214

9,377

-

-

46,803

46,826

46,844

46,897

46,796

46,804

46,821

46,309

46,631

46,740

46,911

46,905

47,143

43,477

39,125

39,297

39,341

39,277

39,254

38,963

38,591

38,500

36,449

34,699

34,560

34,561

33,750

34,620

34,733

35,590

34,742

34,738