Company / Return on Equity (ROE)
GULF RESOURCES, INC. Return on Equity (ROE) History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
-30.1%
FY2024
5-year range
-30.1% / 3.7%
FY2020-FY2024
Trend
-913.8%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
GULF RESOURCES, INC. reports negative total equity of -30.1% in FY2024. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-30.1% in FY2024 with a 5-year CAGR of -6.3%.
Declined from -0.3% to -30.1% over the past 2 years.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -27.1pp
- 5-Year Change
- -6.3pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2024, return on equity (roe) decreased 913.8% year-over-year.
- Peak return on equity (roe) was recorded in FY2017.
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 | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2024 | -30.1% | -913.8% |
| FY2023 | 3.7% | +1256.3% |
| FY2022 | -0.3% | +89.5% |
| FY2021 | -3.0% | +69.0% |
| FY2020 | -9.8% | +58.8% |
| FY2019 | -23.8% | -1244.7% |
| FY2018 | 2.1% | -80.6% |
| FY2017 | 10.7% | +6.3% |
| FY2016 | 10.1% | +75.9% |
| FY2015 | 5.7% | -19.4% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026