$Gulf Resources (GURE.US)$Revenue grew continuously for 3 ye...

In the first three quarters of 2022, revenue increased 39%, operating profit increased 2.4 times to 23 million, and net profit reached 12.75 million.

The balance ratio has always been very low, only 7.55% in Q3 2022.

Current assets are 110 million, total liabilities are 0.2 billion, and the difference is 90 million. The current market value is 36 million. In other words, net assets such as cash are still worth 54 million, fixed assets are still being paid in vain, and revenue and profits are still growing, which is really amazing.

But at the same time, the company's CEO and several other executives have recently sold their shares back to the company, which is not a good sign.

Currently, the price-earnings ratio is TTM 2.99, and the price-earnings ratio is only 0.13. Although the valuation is very low, the liquidity is extremely poor, and the daily trading volume is only tens of thousands of yuan. Throwing in a few hundred yuan can cause the stock price to fluctuate. It is not recommended for ordinary investors to participate.