Company / Net Income
GULF RESOURCES, INC. Net Income History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
-$61.8M
FY2024
5-year range
-$61.8M / $10.1M
FY2020-FY2024
Trend
-714.3%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Net Income changed -714% YoY in FY2024, a notable deviation from the 9-year average annual change of -30%.
Based on SEC 10-K filings.
-$62M in FY2024.
Declined from -$924,718 to -$62M over the past 2 years.
Net Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- In FY2024, net income decreased 714.3% year-over-year.
- Peak net income was recorded in FY2017.
- Lowest net income in the period was in FY2019.
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 | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | -$61.8M | -714.3% |
| FY2023 | $10.1M | +1187.8% |
| FY2022 | -$924.7K | +89.0% |
| FY2021 | -$8.4M | +67.4% |
| FY2020 | -$25.8M | +63.1% |
| FY2019 | -$70.0M | -979.7% |
| FY2018 | $8.0M | -78.0% |
| FY2017 | $36.2M | +6.3% |
| FY2016 | $34.1M | +90.6% |
| FY2015 | $17.9M | -14.8% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026