Gulf Resources Inc. (GURE) Return on equity 2015–2024
Gulf Resources Inc. (GURE) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-41.9%FY2024 · since FY2015: 10.1% → -41.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -41.9% | -11.8 pp |
| FY2023 | -30.1% | -33.8 pp |
| FY2022 | 3.7% | +4.0 pp |
| FY2021 | -0.3% | +2.7 pp |
| FY2020 | -3.0% | +6.8 pp |
| FY2019 | -9.8% | +14.0 pp |
| FY2018 | -23.8% | -25.9 pp |
| FY2017 | 2.1% | -8.3 pp |
| FY2016 | 10.4% | +0.3 pp |
| FY2015 | 10.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice