Company / Operating Income
GULF RESOURCES, INC. Operating Income History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
-$11.9M
FY2024
5-year range
-$23.3M / $16.5M
FY2020-FY2024
Trend
-172.1%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Operating Income has fluctuated over the past 10 years, ranging from -$84M in FY2019 to $48M in FY2017.
Based on SEC 10-K filings.
-$12M in FY2024.
Declined from $5M to -$12M over the past 2 years.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- In FY2024, operating income decreased 172.1% year-over-year.
- Peak operating income was recorded in FY2017.
- Lowest operating 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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | -$11.9M | -172.1% |
| FY2023 | $16.5M | +216.3% |
| FY2022 | $5.2M | +153.8% |
| FY2021 | -$9.7M | +58.4% |
| FY2020 | -$23.3M | +72.1% |
| FY2019 | -$83.6M | -847.9% |
| FY2018 | $11.2M | -76.6% |
| FY2017 | $47.7M | +5.7% |
| FY2016 | $45.2M | +89.6% |
| FY2015 | $23.8M | -16.3% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026