Glory Star New Stock Today

Glory Star is selling for under 0.0015 as of the 28th of November 2024; that is 15.38 percent increase since the beginning of the trading day. The stock's lowest day price was 0.0013. Equity ratings for Glory Star New are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
12th of September 2018
Category
Communication Services
Valuation Profit Patterns
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Glory Stock Highlights

Business ConcentrationMovies & Entertainment, Media & Entertainment, Communication Services, Communication Services, Entertainment, Advertising Agencies, Communication Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.260.15
Way Up
Slightly volatile
Asset Turnover0.980.88
Moderately Up
Slightly volatile
Gross Profit Margin0.460.67
Way Down
Slightly volatile
Total Current Liabilities32.4 M46.2 M
Way Down
Slightly volatile
Total Assets344 M327.6 M
Sufficiently Up
Slightly volatile
Total Current Assets322.2 M306.9 M
Sufficiently Up
Slightly volatile
Glory Star can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Glory Star's financial leverage. It provides some insight into what part of Glory Star's total assets is financed by creditors.
Liquidity
Glory Star New has accumulated 4.22 M in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Glory Star New has a current ratio of 5.0, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Note, when we think about Glory Star's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

2,850
Glory Star New (GSMGW) is traded on NASDAQ Exchange in USA. It is located in Xinhua Technology Building, Beijing, China, 100016 and employs 127 people. Glory Star is listed under Movies & Entertainment category by Fama And French industry classification. The company classifies itself under Entertainment sector and is part of Communication Services industry. Glory Star New has accumulated about 44.78 M in cash with 42.17 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.66, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Glory Star Probability Of Bankruptcy

Glory Star Historical Income Statement

At this time, Glory Star's Net Interest Income is fairly stable compared to the past year. Depreciation And Amortization is likely to climb to about 4.4 M in 2024, whereas Interest Expense is likely to drop slightly above 101.6 K in 2024. View More Fundamentals

Glory Stock Against Markets

Glory Star Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Glory Star stock to make a market-neutral strategy. Peer analysis of Glory Star could also be used in its relative valuation, which is a method of valuing Glory Star by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Glory Star Corporate Management

Ran ZhangDirector VPProfile
Yida YeEx AssistantProfile
Jia LuLtd CoProfile
Bing ZhangCEO Founder,ChairmanProfile

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.