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Gulf Resources Inc
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Let's analyse Gulf Resources Inc together

PenkeI guess you are interested in Gulf Resources Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Gulf Resources Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Gulf Resources Inc (30 sec.)










What can you expect buying and holding a share of Gulf Resources Inc? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$24.90
Expected worth in 1 year
$24.16
How sure are you?
52.5%

+ What do you gain per year?

Total Gains per Share
$-0.75
Return On Investment
-50.5%

For what price can you sell your share?

Current Price per Share
$1.48
Expected price per share
$1.1199 - $1.72
How sure are you?
50%

1. Valuation of Gulf Resources Inc (5 min.)




Live pricePrice per Share (EOD)

$1.48

Intrinsic Value Per Share

$-76.13 - $-11.88

Total Value Per Share

$-51.23 - $13.03

2. Growth of Gulf Resources Inc (5 min.)




Is Gulf Resources Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$260.7m$279.3m-$12.5m-4.7%

How much money is Gulf Resources Inc making?

Current yearPrevious yearGrowGrow %
Making money-$1.4m$2.6m-$4m-286.6%
Net Profit Margin-14.8%13.3%--

How much money comes from the company's main activities?

3. Financial Health of Gulf Resources Inc (5 min.)




4. Comparing to competitors in the Chemicals industry (5 min.)




  Industry Rankings (Chemicals)  

What can you expect buying and holding a share of Gulf Resources Inc? (5 min.)

Welcome investor! Gulf Resources Inc's management wants to use your money to grow the business. In return you get a share of Gulf Resources Inc.

What can you expect buying and holding a share of Gulf Resources Inc?

First you should know what it really means to hold a share of Gulf Resources Inc. And how you can make/lose money.

Speculation

The Price per Share of Gulf Resources Inc is $1.48. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Gulf Resources Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Gulf Resources Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $24.90. Based on the TTM, the Book Value Change Per Share is $-0.19 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.33 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Gulf Resources Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.17-11.5%-0.11-7.5%0.2818.8%-0.32-21.3%-0.12-8.2%
Usd Book Value Change Per Share-0.04-3.0%-0.19-12.6%-0.33-22.1%-0.34-23.2%0.4429.6%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.04-3.0%-0.19-12.6%-0.33-22.1%-0.34-23.2%0.4429.6%
Usd Price Per Share1.87-2.54-4.07-3.20-2.46-
Price to Earnings Ratio-2.76--8.35--24.70--6.00--2.25-
Price-to-Total Gains Ratio-42.08--6.80-166.01-82.25-39.49-
Price to Book Ratio0.08-0.10-0.15-0.12-0.13-
Price-to-Total Gains Ratio-42.08--6.80-166.01-82.25-39.49-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.48
Number of shares675
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.19-0.34
Usd Total Gains Per Share-0.19-0.34
Gains per Quarter (675 shares)-126.18-231.37
Gains per Year (675 shares)-504.71-925.49
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-505-5150-925-935
20-1009-10200-1851-1860
30-1514-15250-2776-2785
40-2019-20300-3702-3710
50-2524-25350-4627-4635
60-3028-30400-5553-5560
70-3533-35450-6478-6485
80-4038-40500-7404-7410
90-4542-45550-8329-8335
100-5047-50600-9255-9260

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%4.08.00.033.3%4.016.00.020.0%20.020.00.050.0%59.031.00.065.6%
Book Value Change Per Share2.02.00.050.0%7.04.01.058.3%9.09.02.045.0%21.017.02.052.5%50.033.07.055.6%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.040.00.0%7.00.083.07.8%
Total Gains per Share2.02.00.050.0%7.04.01.058.3%9.09.02.045.0%21.017.02.052.5%50.033.07.055.6%

Fundamentals of Gulf Resources Inc

About Gulf Resources Inc

Gulf Resources, Inc., through its subsidiaries, manufactures and trades bromine and crude salt, chemical products, and natural gas in the People's Republic of China. The company operates through four segments: Bromine, Crude salt, Chemical products, and Natural gas segments. It also provides bromine for use in bromine compounds, intermediates in organic synthesis, brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants. In addition, the company offers crude salt for use as a material in alkali and chlorine alkali production for use in the chemical, food and beverage, and other industries. In addition, it manufactures and sells chemical products for use in oil and gas field exploration, oil and gas distribution, oil field drilling, papermaking chemical agents, and inorganic chemicals, as well as materials that are used for human and animal antibiotics. The company is based in Shouguang, the People's Republic of China.

Fundamental data was last updated by Penke on 2024-03-20 19:45:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Gulf Resources Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Gulf Resources Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Gulf Resources Inc to the Chemicals industry mean.
  • A Net Profit Margin of -30.3% means that $-0.30 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Gulf Resources Inc:

  • The MRQ is -30.3%. The company is making a huge loss. -2
  • The TTM is -14.8%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-30.3%TTM-14.8%-15.5%
TTM-14.8%YOY13.3%-28.2%
TTM-14.8%5Y-805.2%+790.3%
5Y-805.2%10Y-3,180.2%+2,375.1%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-30.3%3.1%-33.4%
TTM-14.8%3.6%-18.4%
YOY13.3%6.4%+6.9%
5Y-805.2%5.2%-810.4%
10Y-3,180.2%5.6%-3,185.8%
1.1.2. Return on Assets

Shows how efficient Gulf Resources Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Gulf Resources Inc to the Chemicals industry mean.
  • -0.6% Return on Assets means that Gulf Resources Inc generated $-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Gulf Resources Inc:

  • The MRQ is -0.6%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.6%TTM-0.5%-0.1%
TTM-0.5%YOY0.9%-1.4%
TTM-0.5%5Y-1.2%+0.7%
5Y-1.2%10Y-0.2%-1.1%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.6%0.6%-1.2%
TTM-0.5%0.8%-1.3%
YOY0.9%1.5%-0.6%
5Y-1.2%1.1%-2.3%
10Y-0.2%1.2%-1.4%
1.1.3. Return on Equity

Shows how efficient Gulf Resources Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Gulf Resources Inc to the Chemicals industry mean.
  • -0.7% Return on Equity means Gulf Resources Inc generated $-0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Gulf Resources Inc:

  • The MRQ is -0.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -0.5%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.7%TTM-0.5%-0.1%
TTM-0.5%YOY1.0%-1.5%
TTM-0.5%5Y-1.3%+0.8%
5Y-1.3%10Y-0.1%-1.1%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.7%1.1%-1.8%
TTM-0.5%1.3%-1.8%
YOY1.0%2.9%-1.9%
5Y-1.3%2.1%-3.4%
10Y-0.1%2.2%-2.3%

1.2. Operating Efficiency of Gulf Resources Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Gulf Resources Inc is operating .

  • Measures how much profit Gulf Resources Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Gulf Resources Inc to the Chemicals industry mean.
  • An Operating Margin of -122.1% means the company generated $-1.22  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Gulf Resources Inc:

  • The MRQ is -122.1%. The company is operating very inefficient. -2
  • The TTM is -34.3%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-122.1%TTM-34.3%-87.9%
TTM-34.3%YOY45.2%-79.5%
TTM-34.3%5Y-307.5%+273.2%
5Y-307.5%10Y-675.9%+368.4%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-122.1%6.0%-128.1%
TTM-34.3%3.0%-37.3%
YOY45.2%8.8%+36.4%
5Y-307.5%7.3%-314.8%
10Y-675.9%5.9%-681.8%
1.2.2. Operating Ratio

Measures how efficient Gulf Resources Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Chemicals industry mean).
  • An Operation Ratio of 1.21 means that the operating costs are $1.21 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Gulf Resources Inc:

  • The MRQ is 1.214. The company is inefficient in keeping operating costs low. -1
  • The TTM is 0.932. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ1.214TTM0.932+0.282
TTM0.932YOY0.609+0.324
TTM0.9325Y3.689-2.756
5Y3.68910Y8.554-4.865
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2141.721-0.507
TTM0.9321.699-0.767
YOY0.6091.583-0.974
5Y3.6891.633+2.056
10Y8.5541.314+7.240

1.3. Liquidity of Gulf Resources Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Gulf Resources Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Chemicals industry mean).
  • A Current Ratio of 11.64 means the company has $11.64 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Gulf Resources Inc:

  • The MRQ is 11.644. The company is very able to pay all its short-term debts. +2
  • The TTM is 11.349. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ11.644TTM11.349+0.295
TTM11.349YOY7.965+3.385
TTM11.3495Y16.980-5.630
5Y16.98010Y20.657-3.677
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ11.6441.606+10.038
TTM11.3491.617+9.732
YOY7.9651.682+6.283
5Y16.9801.774+15.206
10Y20.6571.346+19.311
1.3.2. Quick Ratio

Measures if Gulf Resources Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Gulf Resources Inc to the Chemicals industry mean.
  • A Quick Ratio of 10.73 means the company can pay off $10.73 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Gulf Resources Inc:

  • The MRQ is 10.732. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 10.762. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ10.732TTM10.762-0.031
TTM10.762YOY5.838+4.924
TTM10.7625Y16.007-5.245
5Y16.00710Y19.928-3.920
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ10.7320.601+10.131
TTM10.7620.634+10.128
YOY5.8380.779+5.059
5Y16.0070.738+15.269
10Y19.9280.746+19.182

1.4. Solvency of Gulf Resources Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Gulf Resources Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Gulf Resources Inc to Chemicals industry mean.
  • A Debt to Asset Ratio of 0.07 means that Gulf Resources Inc assets are financed with 6.5% credit (debt) and the remaining percentage (100% - 6.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Gulf Resources Inc:

  • The MRQ is 0.065. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.068. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.065TTM0.068-0.003
TTM0.068YOY0.076-0.008
TTM0.0685Y0.065+0.003
5Y0.06510Y0.056+0.009
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0650.419-0.354
TTM0.0680.420-0.352
YOY0.0760.425-0.349
5Y0.0650.405-0.340
10Y0.0560.420-0.364
1.4.2. Debt to Equity Ratio

Measures if Gulf Resources Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Gulf Resources Inc to the Chemicals industry mean.
  • A Debt to Equity ratio of 7.0% means that company has $0.07 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Gulf Resources Inc:

  • The MRQ is 0.070. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.073. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.070TTM0.073-0.003
TTM0.073YOY0.082-0.009
TTM0.0735Y0.070+0.003
5Y0.07010Y0.060+0.010
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0700.799-0.729
TTM0.0730.749-0.676
YOY0.0820.743-0.661
5Y0.0700.761-0.691
10Y0.0600.817-0.757

2. Market Valuation of Gulf Resources Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Gulf Resources Inc generates.

  • Above 15 is considered overpriced but always compare Gulf Resources Inc to the Chemicals industry mean.
  • A PE ratio of -2.76 means the investor is paying $-2.76 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Gulf Resources Inc:

  • The EOD is -2.181. Based on the earnings, the company is expensive. -2
  • The MRQ is -2.756. Based on the earnings, the company is expensive. -2
  • The TTM is -8.353. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.181MRQ-2.756+0.575
MRQ-2.756TTM-8.353+5.597
TTM-8.353YOY-24.701+16.348
TTM-8.3535Y-6.001-2.352
5Y-6.00110Y-2.246-3.755
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD-2.1819.098-11.279
MRQ-2.7569.548-12.304
TTM-8.35313.416-21.769
YOY-24.70112.214-36.915
5Y-6.00114.106-20.107
10Y-2.24622.461-24.707
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Gulf Resources Inc:

  • The EOD is -0.238. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.300. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 0.761. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-0.238MRQ-0.300+0.063
MRQ-0.300TTM0.761-1.062
TTM0.761YOY-0.615+1.376
TTM0.7615Y0.003+0.758
5Y0.00310Y0.887-0.884
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD-0.2382.038-2.276
MRQ-0.3002.400-2.700
TTM0.7611.188-0.427
YOY-0.6150.443-1.058
5Y0.0031.741-1.738
10Y0.8872.252-1.365
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Gulf Resources Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Chemicals industry mean).
  • A PB ratio of 0.08 means the investor is paying $0.08 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Gulf Resources Inc:

  • The EOD is 0.059. Based on the equity, the company is cheap. +2
  • The MRQ is 0.075. Based on the equity, the company is cheap. +2
  • The TTM is 0.099. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.059MRQ0.075-0.016
MRQ0.075TTM0.099-0.024
TTM0.099YOY0.152-0.053
TTM0.0995Y0.123-0.024
5Y0.12310Y0.129-0.007
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD0.0591.292-1.233
MRQ0.0751.433-1.358
TTM0.0991.495-1.396
YOY0.1521.902-1.750
5Y0.1231.750-1.627
10Y0.1292.064-1.935
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Gulf Resources Inc.

3.1. Institutions holding Gulf Resources Inc

Institutions are holding 3.363% of the shares of Gulf Resources Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Renaissance Technologies Corp1.69180.0005176489-13803-7.2536
2023-12-31Bridgeway Capital Management, LLC1.20730.004512594000
2023-12-31Capstone Financial Advisors Inc0.19170.00242000000
2023-12-31Wells Fargo & Co0.124601300000
2023-12-31Morgan Stanley - Brokerage Accounts0.00580600-600-50
2023-09-30Nbc Securities Inc0.004304504500
2023-12-31Bank of America Corp0.0038040000
2023-12-31SIMPLEX TRADING, LLC0.0005050500
2023-12-31BlackRock Inc00300
2023-09-30Millennium Management LLC000-10908-100
2023-12-31Cable Hill Partners, LLC000-63000-100
2023-09-30Citadel Advisors Llc000-11342-100
Total 3.22980.0074336932-99153-29.4%

3.2. Funds holding Gulf Resources Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Bridgeway Ultra-Small Company0.78090.15518146000
2023-12-31Bridgeway Ultra-Small Company Market0.40610.03764236000
2024-01-31Fidelity Nasdaq Composite Index0.07960.0001830200
2024-02-29AJ Evli Value Hedge C0.00250.00326000
Total 1.26910.195813238200.0%

3.3. Insider Transactions

Insiders are holding 34.814% of the shares of Gulf Resources Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2023-12-20Naihui MiaoSELL1100002.5
2023-06-22Tengfei ZhangSELL20002.51

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Gulf Resources Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.044-0.187+321%-0.326+635%-0.343+671%0.439-110%
Book Value Per Share--24.90325.559-3%26.679-7%26.256-5%24.122+3%
Current Ratio--11.64411.349+3%7.965+46%16.980-31%20.657-44%
Debt To Asset Ratio--0.0650.068-4%0.076-14%0.0650%0.056+16%
Debt To Equity Ratio--0.0700.073-4%0.082-15%0.070-1%0.060+16%
Dividend Per Share----0%-0%-0%-0%
Eps---0.170-0.112-34%0.278-161%-0.315+86%-0.121-29%
Free Cash Flow Per Share---1.5560.106-1564%-0.527-66%-0.215-86%0.187-933%
Free Cash Flow To Equity Per Share---1.5560.100-1649%-0.548-65%-0.231-85%0.180-965%
Gross Profit Margin--1.0081.015-1%1.003+1%1.764-43%1.379-27%
Intrinsic Value_10Y_max---11.877--------
Intrinsic Value_10Y_min---76.131--------
Intrinsic Value_1Y_max--1.692--------
Intrinsic Value_1Y_min---0.680--------
Intrinsic Value_3Y_max--2.887--------
Intrinsic Value_3Y_min---8.073--------
Intrinsic Value_5Y_max--1.434--------
Intrinsic Value_5Y_min---22.019--------
Market Cap15439212.000-27%19577963.13026471081.450-26%42629917.775-54%33435217.231-41%39306932.695-50%
Net Profit Margin---0.303-0.148-51%0.133-327%-8.052+2560%-31.802+10405%
Operating Margin---1.221-0.343-72%0.452-370%-3.075+152%-6.759+453%
Operating Ratio--1.2140.932+30%0.609+100%3.689-67%8.554-86%
Pb Ratio0.059-26%0.0750.099-24%0.152-51%0.123-39%0.129-42%
Pe Ratio-2.181+21%-2.756-8.353+203%-24.701+796%-6.001+118%-2.246-19%
Price Per Share1.480-26%1.8702.536-26%4.071-54%3.200-42%2.457-24%
Price To Free Cash Flow Ratio-0.238+21%-0.3000.761-139%-0.615+105%0.003-9127%0.887-134%
Price To Total Gains Ratio-33.306+21%-42.083-6.799-84%166.005-125%82.247-151%39.488-207%
Quick Ratio--10.73210.7620%5.838+84%16.007-33%19.928-46%
Return On Assets---0.006-0.005-22%0.009-169%-0.012+94%-0.002-74%
Return On Equity---0.007-0.005-22%0.010-168%-0.013+89%-0.001-79%
Total Gains Per Share---0.044-0.187+321%-0.326+635%-0.343+671%0.439-110%
Usd Book Value--260723332.000266858162.000-2%279367212.000-7%274253105.900-5%308403905.975-15%
Usd Book Value Change Per Share---0.044-0.187+321%-0.326+635%-0.343+671%0.439-110%
Usd Book Value Per Share--24.90325.559-3%26.679-7%26.256-5%24.122+3%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.170-0.112-34%0.278-161%-0.315+86%-0.121-29%
Usd Free Cash Flow---16291240.0001094265.000-1589%-5521449.500-66%-2255175.200-86%3244299.125-602%
Usd Free Cash Flow Per Share---1.5560.106-1564%-0.527-66%-0.215-86%0.187-933%
Usd Free Cash Flow To Equity Per Share---1.5560.100-1649%-0.548-65%-0.231-85%0.180-965%
Usd Market Cap15439212.000-27%19577963.13026471081.450-26%42629917.775-54%33435217.231-41%39306932.695-50%
Usd Price Per Share1.480-26%1.8702.536-26%4.071-54%3.200-42%2.457-24%
Usd Profit---1775797.000-1426284.500-20%2660799.000-167%-3606243.400+103%-176803.350-90%
Usd Revenue--5865615.00010440661.000-44%20078460.250-71%10219946.350-43%19246719.800-70%
Usd Total Gains Per Share---0.044-0.187+321%-0.326+635%-0.343+671%0.439-110%
 EOD+3 -5MRQTTM+10 -24YOY+11 -235Y+17 -1710Y+9 -25

4.2. Fundamental Score

Let's check the fundamental score of Gulf Resources Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.181
Price to Book Ratio (EOD)Between0-10.059
Net Profit Margin (MRQ)Greater than0-0.303
Operating Margin (MRQ)Greater than0-1.221
Quick Ratio (MRQ)Greater than110.732
Current Ratio (MRQ)Greater than111.644
Debt to Asset Ratio (MRQ)Less than10.065
Debt to Equity Ratio (MRQ)Less than10.070
Return on Equity (MRQ)Greater than0.15-0.007
Return on Assets (MRQ)Greater than0.05-0.006
Total5/10 (50.0%)

4.3. Technical Score

Let's check the technical score of Gulf Resources Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.205
Ma 20Greater thanMa 501.329
Ma 50Greater thanMa 1001.306
Ma 100Greater thanMa 2001.436
OpenGreater thanClose1.480
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Gross Profit  14,457-3,48010,977-8,4442,533-1,849684-1,193-508
EBITDA  19,993-3,90216,091-9,0517,040-6,831209-2,502-2,293



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets278,893
Total Liabilities18,170
Total Stockholder Equity260,723
 As reported
Total Liabilities 18,170
Total Stockholder Equity+ 260,723
Total Assets = 278,893

Assets

Total Assets278,893
Total Current Assets114,938
Long-term Assets163,955
Total Current Assets
Cash And Cash Equivalents 103,775
Net Receivables 2,153
Inventory 875
Other Current Assets 8,136
Total Current Assets  (as reported)114,938
Total Current Assets  (calculated)114,938
+/-0
Long-term Assets
Property Plant Equipment 148,697
Intangible Assets 9,254
Long-term Assets Other 9,254
Long-term Assets  (as reported)163,955
Long-term Assets  (calculated)167,205
+/- 3,250

Liabilities & Shareholders' Equity

Total Current Liabilities9,871
Long-term Liabilities8,299
Total Stockholder Equity260,723
Total Current Liabilities
Short-term Debt 625
Accounts payable 229
Other Current Liabilities 9,016
Total Current Liabilities  (as reported)9,871
Total Current Liabilities  (calculated)9,871
+/-0
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt8,299
Long-term Liabilities  (as reported)8,299
Long-term Liabilities  (calculated)8,299
+/-0
Total Stockholder Equity
Common Stock24
Retained Earnings 181,741
Accumulated Other Comprehensive Income -20,907
Other Stockholders Equity 99,864
Total Stockholder Equity (as reported)260,723
Total Stockholder Equity (calculated)260,723
+/-0
Other
Capital Stock24
Cash and Short Term Investments 103,775
Common Stock Shares Outstanding 10,469
Liabilities and Stockholders Equity 278,893
Net Debt -94,851
Net Invested Capital 260,723
Net Tangible Assets 260,723
Net Working Capital 105,067
Property Plant and Equipment Gross 243,824
Short Long Term Debt Total 8,924



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-311998-09-301998-06-301998-03-311997-12-311997-09-301997-06-301997-03-311996-12-311996-09-301996-06-30
> Total Assets 
5,700
5,700
4,900
5,300
5,400
6,400
5,600
5,200
5,100
4,200
0
0
0
386
337
722
386
195
722
206
124
0
15,000
14,214
27,335
33,304
46,330
62,906
73,636
81,550
89,359
98,485
113,632
117,406
146,423
155,436
182,149
194,270
206,721
235,180
245,475
258,779
258,328
261,798
265,988
269,119
278,193
279,629
291,497
301,726
309,245
309,614
316,346
320,998
322,982
354,325
369,026
367,240
356,743
367,145
374,776
377,708
365,691
378,335
405,265
402,569
387,499
397,340
370,844
336,500
298,547
310,980
329,564
287,947
279,251
279,251
264,788
277,897
294,038
294,038
296,425
304,439
309,857
309,857
298,613
290,544
292,431
295,740
278,307
278,893
278,893278,307295,740292,431290,544298,613309,857309,857304,439296,425294,038294,038277,897264,788279,251279,251287,947329,564310,980298,547336,500370,844397,340387,499402,569405,265378,335365,691377,708374,776367,145356,743367,240369,026354,325322,982320,998316,346309,614309,245301,726291,497279,629278,193269,119265,988261,798258,328258,779245,475235,180206,721194,270182,149155,436146,423117,406113,63298,48589,35981,55073,63662,90646,33033,30427,33514,21415,00001242067221953867223373860004,2005,1005,2005,6006,4005,4005,3004,9005,7005,700
   > Total Current Assets 
800
800
900
1,300
1,600
2,500
2,000
1,800
1,900
1,300
0
0
0
288
242
163
288
49
163
161
92
0
9,900
9,215
10,613
16,775
15,528
21,735
25,682
34,239
43,222
43,250
51,021
35,544
63,707
70,733
81,970
88,893
93,799
117,576
99,620
114,731
105,517
114,550
118,121
105,964
107,259
115,066
131,443
147,783
158,073
166,662
180,324
186,020
194,128
179,147
200,773
202,867
190,821
207,399
225,251
218,695
221,767
238,989
268,810
268,568
241,513
249,370
223,050
211,692
187,344
181,255
169,074
117,125
107,203
107,203
96,487
104,683
107,311
107,311
104,955
117,921
115,435
115,435
95,554
107,159
119,425
125,955
122,311
114,938
114,938122,311125,955119,425107,15995,554115,435115,435117,921104,955107,311107,311104,68396,487107,203107,203117,125169,074181,255187,344211,692223,050249,370241,513268,568268,810238,989221,767218,695225,251207,399190,821202,867200,773179,147194,128186,020180,324166,662158,073147,783131,443115,066107,259105,964118,121114,550105,517114,73199,620117,57693,79988,89381,97070,73363,70735,54451,02143,25043,22234,23925,68221,73515,52816,77510,6139,2159,900092161163492881632422880001,3001,9001,8002,0002,5001,6001,300900800800
       Cash And Cash Equivalents 
400
400
200
400
200
800
800
300
200
100
0
0
0
287
242
162
287
16
162
25
83
0
5,700
3,310
7,203
11,368
10,774
10,985
6,385
22,874
30,878
29,950
37,957
19,257
45,537
55,571
55,197
73,398
68,494
87,945
59,738
85,822
78,576
81,867
72,045
58,644
65,241
78,492
86,423
97,205
107,829
119,263
128,952
131,867
146,586
111,413
118,028
120,892
133,606
148,412
146,273
141,084
163,885
172,804
176,303
193,386
208,907
236,721
215,976
208,246
178,999
179,653
160,354
105,219
100,302
100,302
89,973
95,624
94,223
94,223
97,058
98,881
95,767
95,767
79,115
92,638
108,226
115,772
115,273
103,775
103,775115,273115,772108,22692,63879,11595,76795,76798,88197,05894,22394,22395,62489,973100,302100,302105,219160,354179,653178,999208,246215,976236,721208,907193,386176,303172,804163,885141,084146,273148,412133,606120,892118,028111,413146,586131,867128,952119,263107,82997,20586,42378,49265,24158,64472,04581,86778,57685,82259,73887,94568,49473,39855,19755,57145,53719,25737,95729,95030,87822,8746,38510,98510,77411,3687,2033,3105,7000832516216287162242287000100200300800800200400200400400
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
105
105
0
0
0
1,800
0
0
0
2,200
4,200
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000000000000000000000000000000000000004,2002,2000001,800000105105000000000000000000
       Net Receivables 
100
100
100
300
600
600
300
300
300
300
0
0
0
0
0
0
25
30
25
11
9
0
3,700
2,690
2,294
4,290
3,945
7,335
12,557
8,871
11,677
12,657
12,075
15,433
17,155
14,196
25,057
13,516
21,542
27,533
36,381
24,583
21,920
27,279
41,297
41,931
35,970
30,892
39,163
44,471
44,885
41,335
45,303
48,334
42,036
60,378
75,430
74,280
49,981
51,626
71,336
71,397
51,837
60,628
86,861
71,794
29,768
10,249
4,663
409
13
32
6,726
9,675
4,878
4,878
3,061
7,329
6,522
6,522
4,743
13,434
14,526
14,526
9,303
9,996
5,364
5,226
2,118
2,153
2,1532,1185,2265,3649,9969,30314,52614,52613,4344,7436,5226,5227,3293,0614,8784,8789,6756,72632134094,66310,24929,76871,79486,86160,62851,83771,39771,33651,62649,98174,28075,43060,37842,03648,33445,30341,33544,88544,47139,16330,89235,97041,93141,29727,27921,92024,58336,38127,53321,54213,51625,05714,19617,15515,43312,07512,65711,6778,87112,5577,3353,9454,2902,2942,6903,7000911253025000000300300300300600600300100100100
       Inventory 
300
300
400
400
700
1,000
600
900
800
800
0
0
0
0
0
0
0
0
0
0
0
0
500
527
479
364
413
450
1,884
2,124
418
500
330
471
650
597
631
1,255
2,680
1,805
3,152
3,151
4,438
4,767
3,955
4,787
5,994
5,404
5,371
5,805
5,302
5,771
5,574
5,273
5,368
7,000
6,756
7,370
7,181
6,958
6,708
5,772
5,882
5,148
4,843
2,431
1,197
194
181
65
0
0
454
681
690
690
524
394
420
420
677
490
691
691
572
604
1,599
588
797
875
8757975881,59960457269169149067742042039452469069068145400651811941,1972,4314,8435,1485,8825,7726,7086,9587,1817,3706,7567,0005,3685,2735,5745,7715,3025,8055,3715,4045,9944,7873,9554,7674,4383,1513,1521,8052,6801,2556315976504713305004182,1241,8844504133644795275000000000000008008009006001,000700400400300300
   > Long-term Assets 
4,900
4,900
4,000
4,000
3,800
3,900
3,600
3,400
3,200
2,900
0
0
0
98
94
559
98
146
559
45
32
0
5,100
5,000
16,722
16,529
30,802
41,170
47,954
47,311
46,137
55,235
62,611
81,862
82,716
84,704
100,179
105,377
112,922
117,604
145,855
144,048
152,811
147,249
147,867
163,154
170,934
164,563
160,055
153,943
151,172
142,952
136,022
134,978
128,854
175,178
168,252
164,373
165,922
159,746
149,525
159,012
143,924
139,347
136,454
134,001
145,986
147,970
147,794
124,809
111,203
129,725
160,490
170,822
172,048
172,048
168,301
173,214
186,727
186,727
191,470
186,518
194,422
194,422
203,060
183,386
173,006
169,785
155,996
163,955
163,955155,996169,785173,006183,386203,060194,422194,422186,518191,470186,727186,727173,214168,301172,048172,048170,822160,490129,725111,203124,809147,794147,970145,986134,001136,454139,347143,924159,012149,525159,746165,922164,373168,252175,178128,854134,978136,022142,952151,172153,943160,055164,563170,934163,154147,867147,249152,811144,048145,855117,604112,922105,377100,17984,70482,71681,86262,61155,23546,13747,31147,95441,17030,80216,52916,7225,0005,100032455591469855994980002,9003,2003,4003,6003,9003,8004,0004,0004,9004,900
       Property Plant Equipment 
4,200
4,200
3,700
3,700
3,500
3,300
3,300
3,100
2,900
2,800
0
0
0
32
29
27
32
23
27
20
18
0
2,673
4,391
16,107
15,908
30,105
40,441
47,212
46,572
45,399
54,503
61,882
81,136
81,994
83,985
99,462
104,652
112,179
116,857
143,068
141,320
149,538
141,741
144,653
157,937
167,939
161,564
157,017
150,894
148,102
139,914
132,988
131,949
125,690
135,716
128,813
126,474
128,799
122,559
113,293
123,082
109,285
104,633
101,127
97,969
95,607
94,537
95,223
67,182
82,533
99,674
130,681
148,544
137,995
146,992
141,453
145,466
148,948
158,003
161,981
158,926
171,153
171,153
182,622
166,978
158,179
154,424
141,522
148,697
148,697141,522154,424158,179166,978182,622171,153171,153158,926161,981158,003148,948145,466141,453146,992137,995148,544130,68199,67482,53367,18295,22394,53795,60797,969101,127104,633109,285123,082113,293122,559128,799126,474128,813135,716125,690131,949132,988139,914148,102150,894157,017161,564167,939157,937144,653141,741149,538141,320143,068116,857112,179104,65299,46283,98581,99481,13661,88254,50345,39946,57247,21240,44130,10515,90816,1074,3912,673018202723322729320002,8002,9003,1003,3003,3003,5003,7003,7004,2004,200
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
31,452
31,396
30,173
29,559
29,707
28,945
28,743
27,669
27,820
28,333
28,920
29,375
30,525
29,010
27,903
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000027,90329,01030,52529,37528,92028,33327,82027,66928,74328,94529,70729,55930,17331,39631,4520000000000000000000000000000000000000000000000000000000
       Intangible Assets 
200
200
100
100
100
100
100
100
100
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
718
717
724
743
746
752
762
764
760
753
746
749
746
753
752
754
743
738
734
734
5,508
5,529
5,309
5,197
5,101
4,966
4,882
4,754
4,666
4,725
4,796
14,478
14,919
14,152
13,581
9,639
9,255
9,078
8,819
9,115
9,115
9,350
9,715
10,134
10,134
10,235
10,195
10,368
10,368
9,862
9,330
9,508
9,641
9,185
9,254
9,2549,1859,6419,5089,3309,86210,36810,36810,19510,23510,13410,1349,7159,3509,1159,1158,8199,0789,2559,63913,58114,15214,91914,4784,7964,7254,6664,7544,8824,9665,1015,1975,3095,5295,50873473473874375475275374674974675376076476275274674372471771800000000000000000000000000100100100100100100100200200
       Long-term Assets Other 
500
500
200
200
200
500
300
200
200
100
0
0
0
66
65
532
66
123
532
25
14
0
600
609
615
621
697
730
742
740
738
729
725
722
722
-6,942
610
618
743
654
752
762
764
760
752
746
4,992
2,900
3,100
3,000
4,771
3,000
3,000
3,100
4,504
8,000
8,000
7,600
8,492
7,400
7,300
7,200
7,524
6,900
7,100
7,100
21,497
22,900
23,600
57,627
28,921
20,531
21,115
13,708
16,729
25,056
18,418
36,558
37,779
28,724
18,742
18,523
0
23,269
9,862
9,330
14,827
9,641
9,185
9,254
9,2549,1859,64114,8279,3309,86223,269018,52318,74228,72437,77936,55818,41825,05616,72913,70821,11520,53128,92157,62723,60022,90021,4977,1007,1006,9007,5247,2007,3007,4008,4927,6008,0008,0004,5043,1003,0003,0004,7713,0003,1002,9004,992746752760764762752654743618610-6,94272272272572973874074273069762161560960001425532123665326566000100200200300500200200200500500
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,035
1,967
2,509
2,495
2,462
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000000000000000000000002,4622,4952,5091,9672,0350000000000000000000000000000000000000000
> Total Liabilities 
2,100
2,100
2,600
2,900
2,700
2,600
3,000
3,000
3,000
2,800
0
0
0
3,111
3,084
3,290
3,111
2,953
3,290
3,111
2,966
0
6,700
1,860
8,531
10,243
19,862
28,759
32,121
35,836
36,890
17,392
23,470
13,336
12,040
11,874
20,869
15,307
14,036
22,970
20,743
20,148
15,215
15,105
14,911
14,173
13,969
12,749
14,435
15,026
14,250
13,223
14,308
13,899
10,909
24,704
26,818
28,908
18,632
20,666
24,856
19,890
16,230
18,753
24,664
9,731
10,939
11,808
10,712
5,198
4,693
15,842
41,722
21,824
16,144
16,144
11,759
14,309
17,014
17,014
18,323
22,215
23,218
23,218
23,036
21,931
20,813
20,900
18,056
18,170
18,17018,05620,90020,81321,93123,03623,21823,21822,21518,32317,01417,01414,30911,75916,14416,14421,82441,72215,8424,6935,19810,71211,80810,9399,73124,66418,75316,23019,89024,85620,66618,63228,90826,81824,70410,90913,89914,30813,22314,25015,02614,43512,74913,96914,17314,91115,10515,21520,14820,74322,97014,03615,30720,86911,87412,04013,33623,47017,39236,89035,83632,12128,75919,86210,2438,5311,8606,70002,9663,1113,2902,9533,1113,2903,0843,1110002,8003,0003,0003,0002,6002,7002,9002,6002,1002,100
   > Total Current Liabilities 
1,300
1,300
1,500
1,500
1,100
1,000
1,000
1,100
1,000
900
0
0
0
3,087
3,063
3,271
3,087
2,939
3,271
1,241
2,820
0
6,700
1,860
8,531
10,243
14,378
7,909
13,884
17,549
18,553
17,392
23,470
13,336
12,040
11,874
20,869
15,307
14,036
19,270
17,786
17,138
12,178
12,066
11,977
11,246
11,016
9,789
11,531
12,107
11,306
10,306
11,497
11,088
8,082
21,888
24,103
26,299
16,076
18,098
22,465
17,516
13,945
16,455
22,441
7,463
3,666
4,445
3,596
3,133
2,624
5,197
31,928
12,213
6,306
6,306
2,739
4,904
7,102
7,102
9,210
13,117
13,890
13,890
13,607
13,045
11,776
11,424
9,718
9,871
9,8719,71811,42411,77613,04513,60713,89013,89013,1179,2107,1027,1024,9042,7396,3066,30612,21331,9285,1972,6243,1333,5964,4453,6667,46322,44116,45513,94517,51622,46518,09816,07626,29924,10321,8888,08211,08811,49710,30611,30612,10711,5319,78911,01611,24611,97712,06612,17817,13817,78619,27014,03615,30720,86911,87412,04013,33623,47017,39218,55317,54913,8847,90914,37810,2438,5311,8606,70002,8201,2413,2712,9393,0873,2713,0633,0870009001,0001,1001,0001,0001,1001,5001,5001,3001,300
       Short-term Debt 
0
0
0
0
0
0
0
100
100
0
0
0
0
1,874
1,867
1,817
1,874
1,785
1,817
35
1,665
0
0
0
0
6,003
9,940
9,940
3,000
8,673
8,684
5,679
4,029
0
0
0
0
0
0
203
83
136
190
244
91
141
193
247
99
150
202
253
106
155
205
255
114
155
197
244
112
153
188
230
118
160
203
255
129
160
197
657
607
568
3,805
615
567
627
10,134
694
631
666
0
734
606
608
647
714
584
625
625584714647608606734066663169410,1346275676153,8055686076571971601292552031601182301881531122441971551142552051551062532021509924719314191244190136832030000004,0295,6798,6848,6733,0009,9409,9406,00300001,665351,8171,7851,8741,8171,8671,87400001001000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,146
0
0
0
3,032
0
0
0
2,753
0
0
0
2,473
233
2,340
2,428
2,507
2,649
2,275
0
0
417
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000417002,2752,6492,5072,4282,3402332,4730002,7530003,0320003,14600000000000000000000000000000000000000000000000000
       Accounts payable 
1,300
1,300
1,500
1,500
1,100
900
1,000
1,000
900
800
0
0
0
23
23
23
23
26
23
105
11
0
6,149
937
1,627
2,934
2,928
4,514
4,962
5,988
852
852
5,163
769
5,824
6,057
10,643
7,138
6,420
8,992
6,483
8,439
3,646
4,934
3,834
3,526
5,230
5,011
5,559
5,196
4,208
4,613
4,996
4,481
3,508
15,238
15,876
11,626
9,971
11,726
14,273
10,426
8,247
9,436
13,391
3,438
956
994
643
619
332
300
2,397
3,753
1,886
3,805
286
611
6,408
480
413
653
202
202
594
220
58
412
6,091
229
2296,091412582205942022026534134806,4086112863,8051,8863,7532,3973003326196439949563,43813,3919,4368,24710,42614,27311,7269,97111,62615,87615,2383,5084,4814,9964,6134,2085,1965,5595,0115,2303,5263,8344,9343,6468,4396,4838,9926,4207,13810,6436,0575,8247695,1638528525,9884,9624,5142,9282,9341,6279376,1490111052326232323230008009001,0001,0009001,1001,5001,5001,3001,300
       Other Current Liabilities 
0
0
0
0
100
100
100
100
100
100
0
0
0
965
966
989
965
1,128
989
1,101
1,144
0
15
923
6,904
1,306
1,510
3,395
5,921
2,888
4,747
6,980
9,317
12,567
6,216
5,817
10,227
8,169
7,616
458
3,185
3,425
4,284
3,350
3,820
4,275
2,736
159
1,157
639
861
1,021
1,258
2,182
823
1,107
1,025
8,701
1,094
909
744
837
1,169
934
1,149
905
1,032
991
774
798
905
417
474
3,871
615
1,106
801
2,164
694
4,602
6,659
9,575
10,793
12,953
2,545
2,888
1,563
10,299
3,042
9,016
9,0163,04210,2991,5632,8882,54512,95310,7939,5756,6594,6026942,1648011,1066153,8714744179057987749911,0329051,1499341,1698377449091,0948,7011,0251,1078232,1821,2581,0218616391,1571592,7364,2753,8203,3504,2843,4253,1854587,6168,16910,2275,8176,21612,5679,3176,9804,7472,8885,9213,3951,5101,3066,9049231501,1441,1019891,1289659899669650001001001001001001000000
   > Long-term Liabilities 
800
800
1,100
1,400
1,600
1,600
2,000
1,900
2,000
1,900
0
0
0
24
22
19
24
14
19
1,871
146
0
0
0
7,577
8,969
5,484
20,850
18,237
18,287
18,337
18,300
0
0
0
0
0
0
0
3,700
2,956
3,011
3,037
3,040
2,935
2,927
2,953
2,961
2,905
2,919
2,944
2,917
2,811
2,811
2,826
2,816
2,715
2,609
2,556
2,569
2,390
2,374
2,285
2,297
2,222
2,268
7,273
7,363
7,116
2,065
2,070
10,645
9,794
9,611
9,838
9,838
9,020
9,406
9,911
9,911
9,113
9,098
9,328
9,328
9,429
8,885
9,037
9,475
8,339
8,299
8,2998,3399,4759,0378,8859,4299,3289,3289,0989,1139,9119,9119,4069,0209,8389,8389,6119,79410,6452,0702,0657,1167,3637,2732,2682,2222,2972,2852,3742,3902,5692,5562,6092,7152,8162,8262,8112,8112,9172,9442,9192,9052,9612,9532,9272,9353,0403,0373,0112,9563,700000000018,30018,33718,28718,23720,8505,4848,9697,5770001461,8711914241922240001,9002,0001,9002,0001,6001,6001,4001,100800800
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,956
3,011
3,037
3,040
2,935
2,927
2,953
2,961
2,905
2,919
2,944
2,917
2,811
2,811
2,826
2,816
2,715
2,609
2,556
2,569
2,390
2,374
2,285
2,297
2,222
2,268
2,304
2,394
2,147
2,065
2,070
2,109
1,934
1,880
1,906
1,877
1,741
1,810
0
1,876
0
0
0
0
0
0
0
0
0
0
00000000001,87601,8101,7411,8771,9061,8801,9342,1092,0702,0652,1472,3942,3042,2682,2222,2972,2852,3742,3902,5692,5562,6092,7152,8162,8262,8112,8112,9172,9442,9192,9052,9612,9532,9272,9353,0403,0373,0112,9560000000000000000000000000000000000000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,035
1,967
2,509
2,495
2,462
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000000000000000000000000002,4622,4952,5091,9672,0350000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,969
4,969
4,969
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000004,9694,9694,969000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
3,500
3,500
2,300
2,400
2,700
3,800
2,600
2,200
2,100
1,400
0
0
0
-2,725
-2,748
-2,569
-2,725
-2,759
-2,569
-2,906
-2,842
537
3,544
12,354
18,804
23,061
26,468
34,147
41,515
45,714
52,469
81,093
90,163
104,069
134,383
143,562
161,279
178,963
192,685
212,210
224,732
238,631
243,113
246,693
251,077
254,946
264,224
266,880
277,062
286,700
294,995
296,391
302,037
307,100
312,073
329,621
342,208
338,332
338,111
346,478
349,920
357,817
349,461
359,583
380,601
392,838
376,560
385,532
360,132
331,302
293,853
295,137
287,842
266,123
263,107
263,107
253,029
263,587
277,024
277,024
278,103
282,224
286,639
286,639
275,577
268,614
271,618
274,840
260,251
260,723
260,723260,251274,840271,618268,614275,577286,639286,639282,224278,103277,024277,024263,587253,029263,107263,107266,123287,842295,137293,853331,302360,132385,532376,560392,838380,601359,583349,461357,817349,920346,478338,111338,332342,208329,621312,073307,100302,037296,391294,995286,700277,062266,880264,224254,946251,077246,693243,113238,631224,732212,210192,685178,963161,279143,562134,383104,06990,16381,09352,46945,71441,51534,14726,46823,06118,80412,3543,544537-2,842-2,906-2,569-2,759-2,725-2,569-2,748-2,7250001,4002,1002,2002,6003,8002,7002,4002,3003,5003,500
   Common Stock
0
0
0
0
0
0
0
0
0
0
0
0
0
27
27
27
27
27
27
27
27
1
27
49
50
50
50
50
50
50
50
61
61
16
17
17
17
17
17
17
17
17
17
17
17
17
19
19
19
19
19
19
19
19
19
23
23
23
23
23
23
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
2424242424242424242424242424242424242424242424242424242424232323232323191919191919191919171717171717171717171717166161505050505050504927127272727272727270000000000000
   Retained Earnings 
-5,700
-5,700
-7,000
-6,900
-6,900
-7,100
-8,900
-9,200
-9,300
-10,000
0
0
0
-14,125
-14,147
-13,968
-14,125
-14,158
-13,968
-14,305
-14,242
-14,350
4,600
2,969
6,070
10,016
12,645
18,793
25,079
28,816
35,041
41,574
50,546
58,873
65,488
73,480
89,907
104,772
116,771
131,136
141,160
146,744
147,724
151,011
156,700
160,813
162,720
164,603
169,959
178,068
183,687
187,973
193,638
198,677
201,559
206,874
217,649
228,329
235,627
242,094
255,291
265,807
271,853
279,928
293,679
297,105
274,404
267,427
262,614
248,523
209,842
204,938
204,200
191,171
184,042
184,042
178,258
175,345
151,388
175,622
170,417
175,810
174,697
174,697
178,479
187,446
184,757
184,199
156,850
181,741
181,741156,850184,199184,757187,446178,479174,697174,697175,810170,417175,622151,388175,345178,258184,042184,042191,171204,200204,938209,842248,523262,614267,427274,404297,105293,679279,928271,853265,807255,291242,094235,627228,329217,649206,874201,559198,677193,638187,973183,687178,068169,959164,603162,720160,813156,700151,011147,724146,744141,160131,136116,771104,77289,90773,48065,48858,87350,54641,57435,04128,81625,07918,79312,64510,0166,0702,9694,600-14,350-14,242-14,305-13,968-14,158-14,125-13,968-14,147-14,125000-10,000-9,300-9,200-8,900-7,100-6,900-6,900-7,000-5,700-5,700
   Accumulated Other Comprehensive Income 
-400
-400
-400
-400
-400
-400
0
0
0
0
0
0
0
-7,057
0
0
-7,057
0
0
0
0
0
1,800
436
856
1,167
1,848
3,109
3,961
4,190
4,343
4,294
4,288
4,437
4,160
4,140
4,822
7,641
9,270
11,291
14,108
18,276
21,763
22,041
20,725
20,004
22,496
23,264
27,563
29,087
31,755
28,851
28,816
28,840
30,677
29,567
31,042
16,477
8,936
10,829
1,069
-1,569
-15,995
-13,957
-6,696
1,754
8,163
24,112
3,525
-11,214
-10,478
-4,312
-10,915
-19,605
-15,000
-15,492
-19,785
-8,665
4,453
4,453
7,603
6,330
0
11,859
-2,986
-18,916
-13,027
-9,248
3,512
-20,907
-20,9073,512-9,248-13,027-18,916-2,98611,85906,3307,6034,4534,453-8,665-19,785-15,492-15,000-19,605-10,915-4,312-10,478-11,2143,52524,1128,1631,754-6,696-13,957-15,995-1,5691,06910,8298,93616,47731,04229,56730,67728,84028,81628,85131,75529,08727,56323,26422,49620,00420,72522,04121,76318,27614,10811,2919,2707,6414,8224,1404,1604,4374,2884,2944,3434,1903,9613,1091,8481,1678564361,80000000-7,05700-7,0570000000-400-400-400-400-400-400
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
69,796
74,094
74,108
74,123
74,134
74,611
79,489
79,494
80,021
80,026
80,034
80,048
80,064
80,064
80,380
93,757
94,093
94,103
94,124
94,131
94,137
94,134
94,157
94,166
94,171
94,510
94,525
94,525
94,525
94,525
95,021
94,998
95,043
95,043
95,043
95,043
95,043
97,393
97,435
97,435
100,569
0
0
0
0
0
0
0
0
0
000000000100,56997,43597,43597,39395,04395,04395,04395,04395,04394,99895,02194,52594,52594,52594,52594,51094,17194,16694,15794,13494,13794,13194,12494,10394,09393,75780,38080,06480,06480,04880,03480,02680,02179,49479,48974,61174,13474,12374,10874,09469,7960000000000000000000000000000000000000000
   Treasury Stock000000000-510-510-510-510-510-510-510-510-510-510-555-555-555-555-555-555-577-577-577-577-599-599-599-599-599-599-562-500-500-500-500-500-500-500-500-500-500-500-500-500-3480000000000000000000000000000000000000000
   Other Stockholders Equity 
9,600
9,600
9,700
9,700
10,000
11,300
11,500
11,400
11,400
11,400
0
0
0
18,430
11,373
11,373
18,430
11,373
11,373
11,373
11,373
14,886
0
8,900
11,828
11,828
11,925
12,195
12,426
12,658
13,035
35,165
35,268
40,744
64,718
65,925
66,533
66,533
66,627
69,765
69,447
73,594
73,608
73,623
73,634
74,111
78,989
78,994
79,521
79,526
79,534
79,548
79,564
79,564
79,818
93,157
93,494
93,503
93,525
93,532
93,537
93,557
93,580
93,589
93,594
93,955
93,970
93,970
93,970
93,970
94,466
94,487
94,533
94,533
8,742
94,533
94,533
96,883
28,687
96,925
100,059
100,059
11,859
100,059
100,059
100,059
99,864
99,864
99,864
99,864
99,86499,86499,86499,864100,059100,059100,05911,859100,059100,05996,92528,68796,88394,53394,5338,74294,53394,53394,48794,46693,97093,97093,97093,97093,95593,59493,58993,58093,55793,53793,53293,52593,50393,49493,15779,81879,56479,56479,54879,53479,52679,52178,99478,98974,11173,63473,62373,60873,59469,44769,76566,62766,53366,53365,92564,71840,74435,26835,16513,03512,65812,42612,19511,92511,82811,8288,900014,88611,37311,37311,37311,37318,43011,37311,37318,43000011,40011,40011,40011,50011,30010,0009,7009,7009,6009,600



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue41,763
Cost of Revenue-40,079
Gross Profit1,6831,683
 
Operating Income (+$)
Gross Profit1,683
Operating Expense-47,830
Operating Income-6,067-46,147
 
Operating Expense (+$)
Research Development-
Selling General Administrative4,969
Selling And Marketing Expenses-
Operating Expense47,8304,969
 
Net Interest Income (+$)
Interest Income274
Interest Expense-108
Other Finance Cost-0
Net Interest Income166
 
Pretax Income (+$)
Operating Income-6,067
Net Interest Income166
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-4,351-6,067
EBIT - interestExpense = -108
-5,705
-5,597
Interest Expense108
Earnings Before Interest and Taxes (EBIT)--4,243
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-4,351
Tax Provision-1,354
Net Income From Continuing Ops-5,705-5,705
Net Income-5,705
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--166
 

Technical Analysis of Gulf Resources Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Gulf Resources Inc. The general trend of Gulf Resources Inc is BEARISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Gulf Resources Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Gulf Resources Inc.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 1.5 < 1.68 < 1.72.

The bearish price targets are: 1.48 > 1.42 > 1.1199.

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Gulf Resources Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Gulf Resources Inc. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Gulf Resources Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Gulf Resources Inc. The current macd is 0.01786451.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Gulf Resources Inc price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Gulf Resources Inc. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Gulf Resources Inc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Gulf Resources Inc Daily Moving Average Convergence/Divergence (MACD) ChartGulf Resources Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Gulf Resources Inc. The current adx is 23.69.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Gulf Resources Inc shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Gulf Resources Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Gulf Resources Inc. The current sar is 1.13925093.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Gulf Resources Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Gulf Resources Inc. The current rsi is 61.21. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending down: The RSI is trending down. -1
Gulf Resources Inc Daily Relative Strength Index (RSI) ChartGulf Resources Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Gulf Resources Inc. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Gulf Resources Inc price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Gulf Resources Inc Daily Stochastic Oscillator ChartGulf Resources Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Gulf Resources Inc. The current cci is 132.62.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Gulf Resources Inc Daily Commodity Channel Index (CCI) ChartGulf Resources Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Gulf Resources Inc. The current cmo is 33.96.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Gulf Resources Inc Daily Chande Momentum Oscillator (CMO) ChartGulf Resources Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Gulf Resources Inc. The current willr is -17.05393306.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Gulf Resources Inc Daily Williams %R ChartGulf Resources Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Gulf Resources Inc.

Gulf Resources Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Gulf Resources Inc. The current atr is 0.10764095.

Gulf Resources Inc Daily Average True Range (ATR) ChartGulf Resources Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Gulf Resources Inc. The current obv is -445,385.

Gulf Resources Inc Daily On-Balance Volume (OBV) ChartGulf Resources Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Gulf Resources Inc. The current mfi is 67.37.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Gulf Resources Inc Daily Money Flow Index (MFI) ChartGulf Resources Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Gulf Resources Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-08MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-27RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-06MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Gulf Resources Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Gulf Resources Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.205
Ma 20Greater thanMa 501.329
Ma 50Greater thanMa 1001.306
Ma 100Greater thanMa 2001.436
OpenGreater thanClose1.480
Total2/5 (40.0%)
Penke

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