For the quarter ending 2025-09-30, GURE has $131,907,547 in assets. $24,445,851 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 5,820,083 | 7,736,081 | ||
| Accounts receivable ,net | 3,422,564 | 3,150,850 | ||
| Inventories, net | 482,712 | 515,013 | ||
| Prepayments and deposits | 5,916,171 | 8,743,324 | ||
| Amount due from related parties | 25,333 | 25,144 | ||
| Other receivable | 2,222 | 105,564 | ||
| Total current assets | 15,669,085 | 20,275,976 | ||
| Property, plant and equipment, net | 109,911,438 | 128,694,551 | ||
| Finance lease right-of use assets | 73,959 | 74,668 | ||
| Operating lease right-of-use assets | 5,847,348 | 5,937,515 | ||
| Deferred tax assets, net | - | 0 | ||
| Prepaid land leases, net of current portion | 405,717 | 9,648,863 | ||
| Total non-current assets | 116,238,462 | 144,355,597 | ||
| Total assets | 131,907,547 | 164,631,573 | ||
| Accounts payable and accrued expenses | 12,183,011 | 11,551,878 | ||
| Accrued liabilities | 968,113 | - | ||
| Taxes payable-current | 635,558 | 298,037 | ||
| Amount due to related parties | 2,597,963 | 2,589,489 | ||
| Finance lease liability, current portion | 208,212 | 188,550 | ||
| Advance from customer | - | 0 | ||
| Operating lease liabilities, current portion | 518,214 | 162,134 | ||
| Total current liabilities | 17,111,071 | 14,790,088 | ||
| Finance lease liability, net of current portion | 898,504 | 891,801 | ||
| Operating lease liabilities, net of current portion | 6,436,276 | 6,734,859 | ||
| Total non-current liabilities | 7,334,780 | 7,626,660 | ||
| Share to be issued | - | 0 | ||
| Total liabilities | 24,445,851 | 22,416,748 | ||
| Common stock 0.0005 par value 80,000,000 shares authorized 1,382,114and1,120,145shares issued and1,353,531and1,091,562 shares outstanding as of september 30, 2025 and december 31, 2024, respectively | 691 | 25,934 | ||
| Treasury stock 28,583shares as of september 30, 2025 and december 31, 2024 at cost | 1,372,673 | 1,372,673 | ||
| Additional paid-in capital | 105,192,535 | 105,167,292 | ||
| Retained earnings unappropriated | -3,708,985 | 31,955,527 | ||
| Retained earnings appropriated | 26,667,097 | 26,667,097 | ||
| Accumulated other comprehensive loss | -19,316,969 | -20,228,352 | ||
| Total stockholders equity | 107,461,696 | 142,214,825 | ||
| Total liabilities and stockholders equity | 131,907,547 | 164,631,573 | ||
GULF RESOURCES, INC. (GURE)
GULF RESOURCES, INC. (GURE)