Company / R&D Expense
GULF RESOURCES, INC. R&D Expense History
FY2015-FY2018 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$195.2K
FY2018
5-year range
-
FY2015-FY2018
Trend
-25.5%
vs FY2017
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Declined from $230,590 to $195,195 over the past 2 years.
Based on SEC 10-K filings.
$195,195 in FY2018 with a 3-year CAGR of +13.3%.
Declined from $230,590 to $195,195 over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +13.3%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of +13.3%, indicating consistent growth.
- In FY2018, r&d expense decreased 25.5% year-over-year.
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 | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | - | - |
| FY2021 | - | - |
| FY2020 | - | - |
| FY2019 | - | - |
| FY2018 | $195.2K | -25.5% |
| FY2017 | $261.9K | +13.6% |
| FY2016 | $230.6K | +71.7% |
| FY2015 | $134.3K | -4.4% |
As of FY2018 · SEC 10-K · Updated Jun 24, 2026