Glory Star Financials

GSMGW Stock  USD 0  0.0001  8.33%   
Based on the analysis of Glory Star's profitability, liquidity, and operating efficiency, Glory Star New may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Glory Star's Other Stockholder Equity is fairly stable compared to the past year. Net Invested Capital is likely to climb to about 299.8 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 32.4 M in 2024. Key indicators impacting Glory Star's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.30.2
Way Up
Slightly volatile
Return On Assets0.260.15
Way Up
Slightly volatile
Return On Equity0.170.18
Notably Down
Slightly volatile
Debt Equity Ratio0.03230.034
Notably Down
Slightly volatile
Operating Income27.3 M29.3 M
Significantly Down
Slightly volatile
Current Ratio2.695.03
Way Down
Slightly volatile
The financial analysis of Glory Star is a critical element in measuring its lifeblood. Investors should not minimize Glory Star's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

27.06 Million

  
Understanding current and past Glory Star Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Glory Star's financial statements are interrelated, with each one affecting the others. For example, an increase in Glory Star's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Glory Star's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Glory Star New. Check Glory Star's Beneish M Score to see the likelihood of Glory Star's management manipulating its earnings.

Glory Star Stock Summary

Glory Star competes with Atlanta Braves, News Corp, News Corp, Atlanta Braves, and Liberty Media. Glory Star New Media Group Holdings Limited, through its subsidiaries, provides advertisement and content production services in the Peoples Republic of China. Glory Star New Media Group Holdings Limited was founded in 2016 and is headquartered in Beijing, the Peoples Republic of China. Glory Star operates under Advertising Agencies classification in the United States and is traded on NASDAQ Exchange. It employs 162 people.
Specialization
Communication Services, Media & Entertainment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CUSIPG39973113 G88950129
LocationChina
Business AddressXinhua Technology Building,
SectorEntertainment
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websiteir.gsmg.co
Phone86 10 8770 0500
CurrencyUSD - US Dollar

Glory Star Key Financial Ratios

Glory Star Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets79.7M143.4M195.2M206.0M327.6M344.0M
Other Current Liab9.5M19.9M15.9M21.7M19.5M14.3M
Net Debt(4.2M)(8.0M)(70.9M)(65.4M)(58.8M)(55.9M)
Retained Earnings49.5M78.6M124.0M150.7M181.2M97.1M
Accounts Payable4.5M7.9M12.9M6.4M9.6M6.6M
Cash6.9M17.7M77.3M70.5M194.2M203.9M
Net Receivables51.1M81.1M63.1M98.0M81.2M65.5M
Inventory7.0M2.2M(1.7M)1.00.90.86
Other Current Assets333K4.3M13.1M15.3M31.2M32.7M
Total Liab17.5M38.1M35.7M33.5M47.6M35.0M
Net Invested Capital64.7M112.7M163.9M176.8M285.6M299.8M
Short Long Term Debt2.9M6.6M5.0M4.4M4.2M4.4M
Total Current Assets60.5M103.1M153.5M183.8M306.9M322.2M
Net Working Capital44.7M67.8M119.0M150.9M260.7M273.7M
Short Term Debt1.0M6.9M5.3M4.6M4.2M4.5M

Glory Star Key Income Statement Accounts

The reason investors look at the income statement is to determine what Glory Star's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Tax Provision191K1.7M976K413K61K58.0K
Net Interest Income(295K)(282K)(513K)(93K)3K3.2K
Interest Expense295K282K513K93K107.0K101.6K
Total Revenue65.8M123.8M153.0M157.1M152.3M116.8M
Gross Profit33.9M85.3M118.1M116.5M112.8M78.7M
Operating Income26.8M30.7M36.3M26.7M29.3M27.3M
Ebit26.8M30.7M36.3M26.7M30.7M26.5M
Research Development749K691K920K1.3M1.6M941.9K
Ebitda26.9M34.6M38.5M30.3M34.9M28.4M
Cost Of Revenue31.9M38.5M34.9M40.6M39.5M38.1M
Income Before Tax26.6M30.9M36.3M26.9M30.6M27.5M
Net Income26.3M29.3M35.3M26.9M30.5M27.1M
Income Tax Expense191K1.7M976K413K475.0K495.9K
Minority Interest(80K)31K(65K)450K(51K)(48.5K)

Glory Star Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory6.7M(8.5M)(15.9M)25.1M28.8M30.3M
Investments(15.3M)(4.4M)(1.1M)(8.0M)(3K)(3.2K)
Change In Cash4.5M10.8M59.6M(6.8M)124.0M130.2M
Free Cash Flow10.8M6.0M43.7M(250K)42.2M44.3M
Depreciation1.1M3.4M2.5M3.3M3.8M2.3M
Other Non Cash Items188K(1.0M)(999K)579K16K15.2K
Capital Expenditures15.3M2.8M2.8M8.0M3K2.9K
Net Income26.4M29.2M35.4M26.4M30.5M27.0M
End Period Cash Flow6.9M17.7M77.3M70.5M194.5M204.3M

Glory Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Glory Star's current stock value. Our valuation model uses many indicators to compare Glory Star value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Glory Star competition to find correlations between indicators driving Glory Star's intrinsic value. More Info.
Glory Star New is one of the top stocks in return on equity category among its peers. It is rated # 2 in return on asset category among its peers reporting about  0.51  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Glory Star New is roughly  1.96 . At this time, Glory Star's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Glory Star by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Glory Star New Systematic Risk

Glory Star's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Glory Star volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Glory Star New correlated with the market. If Beta is less than 0 Glory Star generally moves in the opposite direction as compared to the market. If Glory Star Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Glory Star New is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Glory Star is generally in the same direction as the market. If Beta > 1 Glory Star moves generally in the same direction as, but more than the movement of the benchmark.

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Glory Star is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Glory has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Glory Star's financials are consistent with your investment objective using the following steps:
  • Review Glory Star's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Glory Star's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Glory Star's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Glory Star's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Glory Star Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Glory Star's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Glory Star growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0313

At this time, Glory Star's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Glory Star November 5, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Glory Star help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Glory Star New. We use our internally-developed statistical techniques to arrive at the intrinsic value of Glory Star New based on widely used predictive technical indicators. In general, we focus on analyzing Glory Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Glory Star's daily price indicators and compare them against related drivers.

Additional Tools for Glory Stock Analysis

When running Glory Star's price analysis, check to measure Glory Star's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Glory Star is operating at the current time. Most of Glory Star's value examination focuses on studying past and present price action to predict the probability of Glory Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glory Star's price. Additionally, you may evaluate how the addition of Glory Star to your portfolios can decrease your overall portfolio volatility.