{"schema_version":"secwatch.filing_event.v1","accession":"0001193805-23-000427","form_type":"8-K","ticker":"GURE","cik":"0000885462","company_name":"GULF RESOURCES, INC.","filed_at":"2023-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.391726+00:00","generated_at":"2026-06-17T08:46:33.356628+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Gulf Resources FY2022 net income $1.00/share vs loss $0.09; bromine prices down ~40% in 2023","bullets":["Revenue up 20% to $66.1M; net income $10.1M vs loss $0.9M in 2021.","Bromine segment revenue +21% to $59.0M; avg selling price +14%, volume +6%.","Cash $108.2M ($10.37/share); working capital $107.6M; net net cash $8.38/share.","Bromine prices declined ~40% since early 2023; no 2023 guidance provided.","Yuxin chemical factory delayed; expects 3-4 months installation, then testing and approvals."],"urls":{"canonical":"https://secwatch.observer/filing/0001193805-23-000427","json":"https://secwatch.observer/filing/0001193805-23-000427.json","markdown":"https://secwatch.observer/filing/0001193805-23-000427.md","text":"https://secwatch.observer/filing/0001193805-23-000427.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885462/000119380523000427/0001193805-23-000427-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885462/000119380523000427/e618425_8k-gulf.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T08:46:33.356628+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"492459075a078bd05d5bcb2a12d506126260d42b","claim":"GULF RESOURCES, INC. reported fiscal year ended December 31, 2022 results: revenue $66,094,486, net income $10,059,450, EPS $1.00.","evidence_excerpt":"During 2022, revenues increased 20% to $66,094,486.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/885462/000119380523000427/0001193805-23-000427-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended December 31, 2022"},{"label":"Revenue","value":"$66,094,486"},{"label":"Net income","value":"$10,059,450"},{"label":"EPS","value":"$1.00"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}