Company / Depreciation & Amortization
GULF RESOURCES, INC. Depreciation & Amortization History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Depreciation & Amortization
$27.1M
FY2024
5-year range
$14.1M / $27.1M
FY2020-FY2024
Trend
+1.4%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Depreciation & Amortization has increased for 4 consecutive years, from $14M in FY2020 to $27M in FY2024.
Based on SEC 10-K filings.
$27M in FY2024 with a 5-year CAGR of +9.2%.
Increased from $21M to $27M over the past 2 years.
Depreciation & Amortization over time
Growth rates
- 3-Year CAGR
- +19.3%
- 5-Year CAGR
- +9.2%
- 10-Year CAGR
- -
Key checks
Key Insights
- GULF RESOURCES, INC.'s depreciation & amortization has grown for 4 consecutive years.
- 5-year CAGR of +9.2%, indicating consistent growth.
- In FY2024, depreciation & amortization increased 1.4% year-over-year.
- Peak depreciation & amortization was recorded in FY2016.
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 | Depreciation & AmortizationValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $27.1M | +1.4% |
| FY2023 | $26.8M | +30.3% |
| FY2022 | $20.5M | +28.5% |
| FY2021 | $16.0M | +13.7% |
| FY2020 | $14.1M | -19.4% |
| FY2019 | $17.4M | -12.5% |
| FY2018 | $19.9M | -18.8% |
| FY2017 | $24.6M | -14.6% |
| FY2016 | $28.7M | +5.3% |
| FY2015 | $27.3M | +0.7% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026