Company / Revenue
GULF RESOURCES, INC. Revenue History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Revenue
$30.0M
FY2024
5-year range
$10.6M / $66.1M
FY2020-FY2024
Trend
-54.5%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Revenue has fluctuated over the past 10 years, ranging from $3M in FY2019 to $162M in FY2016.
Based on SEC 10-K filings.
$30M in FY2024 with a 5-year CAGR of +63.2%.
Declined from $55M to $30M over the past 2 years.
Revenue over time
Growth rates
- 3-Year CAGR
- +2.1%
- 5-Year CAGR
- +63.2%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +63.2%, indicating consistent growth.
- In FY2024, revenue decreased 54.5% year-over-year.
- Peak revenue was recorded in FY2016.
- Lowest revenue 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 | RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $30.0M | -54.5% |
| FY2023 | $66.1M | +20.1% |
| FY2022 | $55.0M | +95.1% |
| FY2021 | $28.2M | +166.2% |
| FY2020 | $10.6M | +308.4% |
| FY2019 | $2.6M | -97.6% |
| FY2018 | $107.5M | -28.0% |
| FY2017 | $149.3M | -8.0% |
| FY2016 | $162.3M | +42.8% |
| FY2015 | $113.7M | -4.0% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026