Company / Capital Expenditures
GULF RESOURCES, INC. Capital Expenditures History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$60.5M
FY2024
5-year range
$21.7M / $60.6M
FY2020-FY2024
Trend
+61.1%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Capital Expenditures has increased for 3 consecutive years, from $22M in FY2021 to $61M in FY2024.
Based on SEC 10-K filings.
$61M in FY2024 with a 5-year CAGR of +11.4%.
Improved from $30M to $61M over the past 2 years.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- +40.7%
- 5-Year CAGR
- +11.4%
- 10-Year CAGR
- -
Key checks
Key Insights
- GULF RESOURCES, INC.'s capital expenditures has grown for 3 consecutive years.
- 5-year CAGR of +11.4%, indicating consistent growth.
- In FY2024, capital expenditures increased 61.1% year-over-year.
- Peak capital expenditures was recorded in FY2020.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -2.45 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $60.5M | +61.1% |
| FY2023 | $37.6M | +24.8% |
| FY2022 | $30.1M | +38.6% |
| FY2021 | $21.7M | -64.2% |
| FY2020 | $60.6M | +71.8% |
| FY2019 | $35.3M | +96.6% |
| FY2018 | $17.9M | +5.5% |
| FY2017 | $17.0M | -25.6% |
| FY2016 | $22.9M | +249.6% |
| FY2015 | $6.5M | +104.8% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026