Company / SG&A Expense
GULF RESOURCES, INC. SG&A Expense History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$4.2M
FY2024
5-year range
$4.2M / $13.3M
FY2020-FY2024
Trend
-29.6%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
SG&A Expense has declined for 4 consecutive years, from $13M in FY2020 to $4M in FY2024.
Based on SEC 10-K filings.
$4M in FY2024 with a 5-year CAGR of -17.8%.
Improved from $10M to $4M over the past 2 years.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- -25.5%
- 5-Year CAGR
- -17.8%
- 10-Year CAGR
- -
Key checks
Key Insights
- GULF RESOURCES, INC.'s sg&a expense has declined for 4 consecutive years.
- 5-year CAGR of -17.8%, indicating a declining trend.
- In FY2024, sg&a expense decreased 29.6% year-over-year.
- Peak sg&a expense was recorded in FY2020.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $4.2M | -29.6% |
| FY2023 | $6.0M | -36.7% |
| FY2022 | $9.5M | -7.0% |
| FY2021 | $10.2M | -22.9% |
| FY2020 | $13.3M | +17.8% |
| FY2019 | $11.3M | +3944.8% |
| FY2018 | $278.6K | -18.8% |
| FY2017 | $343.1K | -8.6% |
| FY2016 | $375.4K | -94.8% |
| FY2015 | $7.2M | -16.4% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026