GULF RESOURCES, INC.: 10-Q filed 2021-11-15

Name: GULF RESOURCES, INC.: 10-Q filed 2021-11-15
Creator: GULF RESOURCES, INC.

What GULF RESOURCES, INC. reported in its quarterly report filed 2021-11-15 (fiscal Q3 2021): 38 published measures, 113 facts as tagged in accession 0001193805-21-001576.

This filing

Form: 10-Q (quarterly report)
Filed: 2021-11-15
Fiscal period: fiscal Q3 2021
Accession: 0001193805-21-001576 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All GULF RESOURCES, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit
At 2021-09-30	304,439,121	USD
At 2020-12-31	294,037,818	USD
At 2020-09-30	277,896,623	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2021-09-30	22,215,400	USD
At 2020-12-31	17,013,545	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2021-09-30	282,223,721	USD
At 2021-06-30	278,102,555	USD
At 2020-12-31	277,024,273	USD
At 2020-09-30	263,587,240	USD
At 2020-06-30	253,029,232	USD
At 2019-12-31	263,107,100	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	5,393,615	USD	92
2021-01-01 to 2021-09-30	188,271	USD	273
2020-07-01 to 2020-09-30	-2,912,581	USD	92
2020-01-01 to 2020-09-30	-8,696,959	USD	274

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2021-01-01 to 2021-09-30	11,062,544	USD	273
2020-01-01 to 2020-09-30	3,258,010	USD	274

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	2,753,717	USD	92
2021-01-01 to 2021-09-30	8,560,152	USD	273
2020-07-01 to 2020-09-30	0	USD	92
2020-01-01 to 2020-09-30	9,860,142	USD	274

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	17,753,669	USD	92
2021-01-01 to 2021-09-30	34,160,920	USD	273
2020-07-01 to 2020-09-30	10,482,185	USD	92
2020-01-01 to 2020-09-30	16,399,338	USD	274

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2021-01-01 to 2021-09-30	-290,597	USD	273
2020-01-01 to 2020-09-30	-264,976	USD	274

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2021-01-01 to 2021-09-30	-8,560,152	USD	273
2020-01-01 to 2020-09-30	-9,860,142	USD	274

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	1,750,283	USD	92
2021-01-01 to 2021-09-30	1,363,054	USD	273
2020-07-01 to 2020-09-30	217,325	USD	92
2020-01-01 to 2020-09-30	-1,711,751	USD	274

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2021-09-30	150,414,047	USD
At 2020-12-31	148,947,689	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	0	USD	92
2020-07-01 to 2020-09-30	0	USD	92

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	7,097,975	USD	92
2021-01-01 to 2021-09-30	1,433,742	USD	273
2020-07-01 to 2020-09-30	-2,733,818	USD	92
2020-01-01 to 2020-09-30	-10,522,799	USD	274

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2021-09-30	117,920,705	USD
At 2020-12-31	107,310,965	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	32,420	USD	92
2021-01-01 to 2021-09-30	108,650	USD	273
2020-07-01 to 2020-09-30	32,257	USD	92
2020-01-01 to 2020-09-30	102,573	USD	274

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2021-09-30	13,117,418	USD
At 2020-12-31	7,102,300	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2021-09-30	653,102	USD
At 2020-12-31	479,958	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	10,655,694	USD	92
2021-01-01 to 2021-09-30	32,727,178	USD	273
2020-07-01 to 2020-09-30	13,216,003	USD	92
2020-01-01 to 2020-09-30	26,922,137	USD	274

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2021-09-30	489,502	USD
At 2020-12-31	419,609	USD

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2021-09-30	10,469,477	shares
At 2020-12-31	9,997,477	shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2021-09-30	98,880,826	USD
At 2020-12-31	94,222,538	USD
At 2020-09-30	95,623,812	USD
At 2019-12-31	100,301,986	USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2021-09-30	100,569,160	USD
At 2020-12-31	97,435,316	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2021-09-30	6,330,344	USD
At 2020-12-31	4,453,247	USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

Period	Value	Unit	Days
At 2021-09-30	8,328,584	USD
At 2020-12-31	8,868,661	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2021-09-30	7,832,178	USD
At 2020-12-31	8,499,692	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2021-09-30	300,909,252	USD
At 2020-12-31	340,801,839	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2021-09-30	150,495,205	USD
At 2020-12-31	173,212,554	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2021-09-30	5,116,702	USD
At 2020-12-31	6,146,461	USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	4,121,166	USD	92
2021-01-01 to 2021-09-30	2,065,368	USD	273
2020-07-01 to 2020-09-30	8,207,758	USD	92
2020-01-01 to 2020-09-30	-1,870,110	USD	274

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	1,209,818	USD	92
2021-01-01 to 2021-09-30	8,150,769	USD	273
2020-07-01 to 2020-09-30	4,911,970	USD	92
2020-01-01 to 2020-09-30	7,297,010	USD	274

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	4,091,775	USD	92
2021-01-01 to 2021-09-30	12,316,639	USD	273
2020-07-01 to 2020-09-30	4,348,477	USD	92
2020-01-01 to 2020-09-30	11,907,702	USD	274

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	4,636	USD	92
2021-01-01 to 2021-09-30	4,636	USD	273
2020-07-01 to 2020-09-30	0	USD	92
2020-01-01 to 2020-09-30	0	USD	274

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	45,923	USD	92
2021-01-01 to 2021-09-30	117,583	USD	273
2020-07-01 to 2020-09-30	38,562	USD	92
2020-01-01 to 2020-09-30	114,089	USD	274

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

Period	Unit	Days
2021-07-01 to 2021-09-30	USD	92
2021-01-01 to 2021-09-30	USD	273
2020-07-01 to 2020-09-30	USD	92
2020-01-01 to 2020-09-30	USD	274

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	-1,750,283	USD	92
2021-01-01 to 2021-09-30	-1,363,054	USD	273
2020-07-01 to 2020-09-30	484,792	USD	92
2020-01-01 to 2020-09-30	2,196,079	USD	274

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

Period	Value	Unit	Days
2021-07-01 to 2021-09-30	68,467	USD	92
2021-01-01 to 2021-09-30	848,660	USD	273
2020-07-01 to 2020-09-30	60,987	USD	92
2020-01-01 to 2020-09-30	765,288	USD	274

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2021-01-01 to 2021-09-30	6,890,373	USD	273
2020-01-01 to 2020-09-30	2,273,999	USD	274

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2021-01-01 to 2021-09-30	67,328	USD	273
2020-01-01 to 2020-09-30	-300,136	USD	274

Inspect the source

Entity: GULF RESOURCES, INC. / CIK 0000885462
Captured: 2026-09-20T05:02:41.390Z
SEC response SHA-256: 268b524d657005c6afabcbf8f1a0c1ef00ae010144ecd4204ffaeb93bd5621f5

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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with urlopen("https://canlicapital.com/company-data/0000885462.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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