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Side-by-side financial comparison of GULF RESOURCES, INC. (GURE) and TON Strategy Co (TONX). Click either name above to swap in a different company.
GULF RESOURCES, INC. is the larger business by last-quarter revenue ($9.0M vs $5.7M, roughly 1.6× TON Strategy Co). GULF RESOURCES, INC. runs the higher net margin — -394.3% vs -3968.6%, a 3574.2% gap on every dollar of revenue. On growth, TON Strategy Co posted the faster year-over-year revenue change (694.2% vs 303.4%). Over the past eight quarters, TON Strategy Co's revenue compounded faster (46.1% CAGR vs -37.1%).
EOG Resources, Inc. is an American energy company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in the Heritage Plaza building in Houston, Texas.
GURE vs TONX — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $9.0M | $5.7M |
| Net Profit | $-35.7M | $-227.9M |
| Gross Margin | — | 64.3% |
| Operating Margin | -3.7% | -159.2% |
| Net Margin | -394.3% | -3968.6% |
| Revenue YoY | 303.4% | 694.2% |
| Net Profit YoY | -921.1% | -7047.9% |
| EPS (diluted) | — | $-3.89 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $5.7M | ||
| Q3 25 | $9.0M | $3.6M | ||
| Q2 25 | $8.3M | $2.1M | ||
| Q1 25 | — | $1.3M | ||
| Q4 24 | — | $723.0K | ||
| Q4 23 | $6.9M | — | ||
| Q3 23 | $5.9M | — | ||
| Q2 23 | $8.0M | — |
| Q4 25 | — | $-227.9M | ||
| Q3 25 | $-35.7M | $84.3M | ||
| Q2 25 | $-773.8K | $-2.4M | ||
| Q1 25 | — | $-2.6M | ||
| Q4 24 | — | $-3.2M | ||
| Q4 23 | $-58.8M | — | ||
| Q3 23 | $-1.8M | — | ||
| Q2 23 | $-681.8K | — |
| Q4 25 | — | 64.3% | ||
| Q3 25 | — | 75.4% | ||
| Q2 25 | — | 71.2% | ||
| Q1 25 | — | 73.4% | ||
| Q4 24 | — | 81.5% | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | 8.5% | — |
| Q4 25 | — | -159.2% | ||
| Q3 25 | -3.7% | -601.5% | ||
| Q2 25 | -9.0% | -138.2% | ||
| Q1 25 | — | -203.8% | ||
| Q4 24 | — | -513.1% | ||
| Q4 23 | -114.7% | — | ||
| Q3 23 | -39.1% | — | ||
| Q2 23 | -11.5% | — |
| Q4 25 | — | -3968.6% | ||
| Q3 25 | -394.3% | 2336.8% | ||
| Q2 25 | -9.3% | -111.9% | ||
| Q1 25 | — | -196.5% | ||
| Q4 24 | — | -440.9% | ||
| Q4 23 | -855.6% | — | ||
| Q3 23 | -30.3% | — | ||
| Q2 23 | -8.5% | — |
| Q4 25 | — | $-3.89 | ||
| Q3 25 | — | $2.23 | ||
| Q2 25 | — | $-1.79 | ||
| Q1 25 | — | $-2.51 | ||
| Q4 24 | — | $10.41 | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $39.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $107.5M | $406.5M |
| Total Assets | $131.9M | $411.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $39.5M | ||
| Q3 25 | — | $53.9M | ||
| Q2 25 | — | $10.4M | ||
| Q1 25 | — | $12.2M | ||
| Q4 24 | — | $12.5M | ||
| Q4 23 | $72.2M | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
| Q4 25 | — | $406.5M | ||
| Q3 25 | $107.5M | $639.1M | ||
| Q2 25 | $142.2M | $19.4M | ||
| Q1 25 | — | $14.6M | ||
| Q4 24 | — | $16.2M | ||
| Q4 23 | $205.2M | — | ||
| Q3 23 | $260.7M | — | ||
| Q2 23 | $260.3M | — |
| Q4 25 | — | $411.2M | ||
| Q3 25 | $131.9M | $661.9M | ||
| Q2 25 | $164.6M | $23.7M | ||
| Q1 25 | — | $18.4M | ||
| Q4 24 | — | $20.6M | ||
| Q4 23 | $226.7M | — | ||
| Q3 23 | $278.9M | — | ||
| Q2 23 | $278.3M | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $6.7M | $-8.0M |
| Free Cash FlowOCF − Capex | — | $-8.0M |
| FCF MarginFCF / Revenue | — | -139.3% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-20.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-8.0M | ||
| Q3 25 | $6.7M | $-9.4M | ||
| Q2 25 | $-559.3K | $-2.3M | ||
| Q1 25 | — | $-1.1M | ||
| Q4 24 | — | $-1.9M | ||
| Q4 23 | $-42.6M | — | ||
| Q3 23 | $-1.1M | — | ||
| Q2 23 | $6.2M | — |
| Q4 25 | — | $-8.0M | ||
| Q3 25 | — | $-9.4M | ||
| Q2 25 | — | $-2.3M | ||
| Q1 25 | — | $-1.1M | ||
| Q4 24 | — | $-2.0M | ||
| Q4 23 | — | — | ||
| Q3 23 | $-16.3M | — | ||
| Q2 23 | $6.2M | — |
| Q4 25 | — | -139.3% | ||
| Q3 25 | — | -261.4% | ||
| Q2 25 | — | -107.8% | ||
| Q1 25 | — | -87.0% | ||
| Q4 24 | — | -279.9% | ||
| Q4 23 | — | — | ||
| Q3 23 | -277.7% | — | ||
| Q2 23 | 77.0% | — |
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 5.1% | ||
| Q4 24 | — | 22.1% | ||
| Q4 23 | — | — | ||
| Q3 23 | 258.3% | — | ||
| Q2 23 | 0.2% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | -0.11× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GURE
| Bromine | $8.1M | 89% |
| Shandong Shouguang Shenrunfa Marine Chemical Company Limited | $1.4M | 15% |
TONX
| Market Live | $4.8M | 83% |
| Other | $960.0K | 17% |
