Glory Star New Media Group Holdings Limited - GSMG

GSMG Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
GSMG	0	0	15.7	-13.8	-27.7	-73	-85.4	-95.8	-95.7	-95.7
S&P 500	-0.6	-0.5	1.5	9.1	13.4	32.3	27.0	92.1	191.7	33587.3

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	GSMG
name	Glory Star New Media Group Holdings Limited
price	0.405
changes percentage	17.1197
change	0.0592
day low	0.3452
day high	0.42
year high	1.52
year low	0.32
market cap	40654710
price avg 50	0.362236
price avg 200	0.539317
exchange	NASDAQ
volume	306364
avg volume	204274
open	0.3458
previous close	0.3458
eps	0.35
pe	1.157143
earnings announcement	2023-08-10T00:00:00.000+0000
shares outstanding	100382000
timestamp	2023-11-08 21:00:01

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 47.3%

Overall Quarterly Financial Health: 40.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0001738758
revenue	157079000	153012000	2.66
gross profit	116499000	118068000	-1.33
gross profit ratio	0.74	0.77	-3.88
research and development expenses	1331000	920000	44.67
operating expenses	89773000	81781000	9.77
interest income	93000	513000	-81.87
interest expense	93000	513000	-81.87
ebitda	30346000	38548000	-21.28
ebitdaratio	0.19	0.25	-23.32
operating income	26726000	36287000	-26.35
operating income ratio	0.17	0.24	-28.26
net income	26890000	35287000	-23.80
net income ratio	0.17	0.23	-25.77
eps	0.86	0.54	59.26

Overall Score of Annual Income Statement

0.25 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 157 million in 2022 from 153 million in 2021 representing a change of 2.66%. This indicates a sales growth, which is a positive sign for the company.

  Earnings per Share (EPS): EPS increased to 0.86 in 2022 from 0.86 in 2021 representing a change of 59.26%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Gross Profit: Gross Profit decreased to 116 million in 2022 from 118 million in 2021 representing a change of -1.33%. This indicates a sales profitability decline, which is a negative sign for the company.

  Research and Development (R&D) Expenses: R&D Expenses decreased to 1 million in 2022 from 1 million in 2021 representing a change of 44.67%. This shows that the company decreased investment in innovation and product development, which is not a good sign for long-term growth.

  Operating Expenses: Operating Expenses increased to 90 million in 2022 from 82 million in 2021 representing a change of 9.77%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 30 million in 2022 from 39 million in 2021 representing a change of -21.28%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to 27 million in 2022 from 36 million in 2021 representing a change of -26.35%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to 27 million in 2022 from 35 million in 2021 representing a change of -23.8%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2023Q2	2023Q1	Q/Q change %
0001738758
revenue	33717500	33717500	0.0
gross profit	25244500	25244500	0.0
gross profit ratio	0.75	0.75	0.0
research and development expenses	320500	320500	0.0
operating expenses	20842499	20842499	0.0
interest income	16000	16000	0.0
interest expense	0	0	NaN
ebitda	5077000	5077000	0.0
ebitdaratio	0.15	0.15	0.0
operating income	4356000	4356000	0.0
operating income ratio	0.13	0.13	0.0
net income	4373500	4373500	0.0
net income ratio	0.13	0.13	0.0
eps	0.06	0.06	0.0

Overall Score of Quarterly Income Statement

0.5 out of 1

Detailed Analysis

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0001738758
total assets	205963000	195173000	5.53
total liabilities	33460000	35709000	-6.30
total equity	172503000	159464000	8.18
cash and cash equivalents	70482000	77302000	-8.82
short term investments	0	0	NaN
long term investments	0	21445000	-100.00
total current assets	183845000	153540000	19.74
total non current assets	22118000	41633000	-46.87
total current liabilities	32903000	34558000	-4.79
total non current liabilities	557000	1151000	-51.61
common stock	7000	7000	0.00
retained earnings	150685000	123982000	21.54
total debt	5100000	6416000	-20.51

Overall Score of Annual Balance Sheet

0.88 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 206 million in 2022 from 195 million in 2021 representing a change of 5.53%. Suggesting a growth in asset holdings.

  Total Liabilities: Total Liabilities decreased to 33 million in 2022 from 36 million in 2021 representing a change of -6.3%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 173 million in 2022 from 159 million in 2021 representing a change of 8.18%. This indicates an increase in shareholders' equity.

  Total Current Assets: Total Current Assets increased to 184 million in 2022 from 154 million in 2021 representing a change of 19.74%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 33 million in 2022 from 35 million in 2021 representing a change of -4.79%. This indicates a lower short-term debt burden.

  Retained Earnings: Retained Earnings increased to 151 million in 2022 from 124 million in 2021 representing a change of 21.54%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 5 million in 2022 from 6 million in 2021 representing a change of -20.51%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 70 million in 2022 from 77 million in 2021 representing a change of -8.82%. This indicates a decrease in available liquid assets.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2023Q2	2023Q1	Q/Q change %
0001738758
total assets	266304000	266303999	0.00
total liabilities	33446000	33445999	0.00
total equity	232858000	232858000	0.00
cash and cash equivalents	152441000	152441000	0.00
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	246978000	246978000	0.00
total non current assets	19326000	18734000	3.16
total current liabilities	33248000	33247999	0.00
total non current liabilities	198000	0	NaN
common stock	9000	9000	0.00
retained earnings	159432000	160843000	-0.88
total debt	3415000	0	NaN

Overall Score of Quarterly Balance Sheet

0.2 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 266 million in 2023Q2 from 266 million in 2023Q1 representing a change of 0.0%. Suggesting a growth in asset holdings.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 33 million in 2023Q2 from 33 million in 2023Q1 representing a change of 0.0%. This indicates an increase in overall liabilities.

  Total Current Liabilities: Total Current Liabilities increased to 33 million in 2023Q2 from 33 million in 2023Q1 representing a change of 0.0%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to 159 million in 2023Q2 from 161 million in 2023Q1 representing a change of -0.88%. This indicates an accumulated losses.

  Total Debt: Total Debt increased to 3 million in 2023Q2 from 0 million in 2023Q1 representing a change of nan%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2022	2021	Y/Y change %
0001738758
net change in cash	-6820000	59571000	-111.45
operating cash flow	7739000	46455000	-83.34
free cash flow	-250000	43665000	-100.57
capital expenditure	-7989000	-2790000	-186.34
depreciation and amortization	3338000	2516000	32.67
deferred income tax	-53000	713000	-107.43
stock based compensation	391000	185000	111.35
accounts payables	-5576000	4750000	-217.39
inventory	0	-15879000	100.00
acquisitions net	0	-12000	100.00
investments in property plant and equipment	-7989000	-2790000	-186.34
net cash used for investing activites	-7989000	-1051000	-660.13
debt repayment	0	0	NaN
common stock issued	0	15290000	-100.00
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	508000	13286000	-96.18
cash at end of period	70482000	77302000	-8.82
accounts receivables	-42105000	19904000	-311.54
cash at beginning of period	77302000	17731000	335.97

Overall Score of Annual Cashflow Statement

0.29 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -7 million in 2022 from 60 million in 2021 representing a change of -111.45%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to 8 million in 2022 from 46 million in 2021 representing a change of -83.34%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 0 million in 2022 from 44 million in 2021 representing a change of -100.57%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Stock-Based Compensation: Stock-Based Compensation increased to 0 million in 2022 from 0 million in 2021 representing a change of 111.35%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Accounts Payables: The absolute value of Accounts Payables increased to 6 million in 2022 from 5 million in 2021 representing a change of -217.39%. This indicates that the company has increased its outstanding obligations to its suppliers.

• 📈 Positive Indicators

  Capital Expenditure: Capital Expenditure decreased to -8 million in 2022 from -3 million in 2021 representing a change of -186.34%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Accounts Receivables: Accounts Receivables decreased to -42 million in 2022 from 20 million in 2021 representing a change of -311.54%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023Q2	2023Q1	Q/Q change %
0001738758
operating cash flow	13589500	13589500	0.0
free cash flow	13587500	13587500	0.0
capital expenditure	-2000	-2000	0.0
depreciation and amortization	0	0	NaN
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-2000	-2000	0.0
net cash used for investing activites	-31000	-31000	0.0
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	30004500	30004500	0.0
net change in cash	40979500	40979500	0.0
cash at end of period	40979500	40979500	0.0
cash at beginning of period	0	0	NaN

Overall Score of Quarterly Cashflow Statement

0.5 out of 1

Detailed Analysis

Earnings Transcripts ⓘ

We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.

Note: The years mentioned below are fiscal years in accounting.

Q4 2020 Earnings call transcript

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2022-12-31	2021-12-31	Y/Y change %
FY
calendar year	2022	2021	NaN
revenue per share	5.02	2.34	114.52
net income per share	0.86	0.54	59.24
operating cash flow per share	0.25	0.71	-65.19
free cash flow per share	-0.01	0.67	-101.20
cash per share	2.25	1.18	90.53
book value per share	5.51	2.44	126.06
tangible book value per share	4.86	2.18	122.82
shareholders equity per share	5.51	2.43	126.74
interest debt per share	0.17	0.11	56.61
market cap	45679764.6	77149799.48	-40.79
enterprise value	-19702235.4	6263799.48	-414.54
pe ratio	1.7	2.19	-22.30
price to sales ratio	0.29	0.5	-42.32
pocfratio	5.9	1.66	255.42
pfcf ratio	-182.72	1.77	-10441.48
pb ratio	0.26	0.49	-45.43
ptb ratio	0.26	0.49	-45.43
ev to sales	-0.13	0.04	-406.40
enterprise value over ebitda	-0.65	0.16	-499.56
ev to operating cash flow	-2.55	0.13	-1988.10
ev to free cash flow	78.81	0.14	54837.78
earnings yield	0.59	0.46	28.70
free cash flow yield	-0.01	0.57	-100.97
debt to equity	0.03	0.04	-26.74
debt to assets	0.02	0.03	-24.68
net debt to ebitda	-2.15	-1.84	-17.17
current ratio	5.59	4.44	25.76
interest coverage	287.38	70.73	306.27
income quality	0.29	1.31	-77.73
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.04	0.02	72.25
research and ddevelopement to revenue	0.01	0.01	40.93
intangibles to total assets	0.1	0.09	15.05
capex to operating cash flow	1.03	0.06	1618.84
capex to revenue	0.05	0.02	178.93
capex to depreciation	2.39	1.11	115.83
stock based compensation to revenue	0.0	0.0	105.88
graham number	10.32	5.43	90.02
roic	0.15	0.21	-30.60
return on tangible assets	0.14	0.2	-26.76
graham net net	3.53	1.36	159.72
working capital	150942000	118982000	26.86
tangible asset value	152206000	142746000	6.63
net current asset value	150385000	117831000	27.63
invested capital	172149000	137240000	25.44
average receivables	80584500	72122500	11.73
average payables	9641500	10382500	-7.14
average inventory	1	-865999.5	100.00
days sales outstanding	227.8	150.6	51.26
days payables outstanding	57.61	134.51	-57.17
days of inventory on hand	0.0	0.0	-13.89
receivables turnover	1.6	2.42	-33.89
payables turnover	6.34	2.71	133.49
inventory turnover	40580000	34944000	16.13
roe	0.16	0.22	-29.77
capex per share	0.26	0.04	498.37

• Neutral

  ROE: Return on Equity (ROE) decreased to 0.16 on 2022-12-31 from 0.22 on 2021-12-31, representing a change of -29.77%. However, ROE is >= 15%, suggesting that the company has been generating high returns for its shareholders still.

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 1.70 on 2022-12-31 from 2.19 on 2021-12-31, representing a change of -22.30%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 5.59 on 2022-12-31 from 4.44 on 2021-12-31, representing a change of 25.76%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.03 on 2022-12-31 from 0.04 on 2021-12-31, representing a change of -26.74%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2023-06-30 Q2	2023-03-24 Q1	Q/Q change %
GSMG
calendar year	2023	2023	NaN
revenue per share	0.45	0.45	0.000000e+00
net income per share	0.06	0.06	0.000000e+00
operating cash flow per share	0.18	0.18	0.000000e+00
free cash flow per share	0.18	0.18	0.000000e+00
cash per share	2.03	2.03	0.000000e+00
book value per share	3.1	3.1	0.000000e+00
tangible book value per share	2.86	2.86	0.000000e+00
shareholders equity per share	3.1	3.1	0.000000e+00
interest debt per share	0.05	0	NaN
market cap	36786767.15	51801774.15	-2.899000e+01
enterprise value	-112239232.85	-100639225.85	-1.153000e+01
pe ratio	2.1	2.96	-2.899000e+01
price to sales ratio	1.09	1.54	-2.899000e+01
pocfratio	2.71	3.81	-2.899000e+01
pfcf ratio	2.71	3.81	-2.899000e+01
pb ratio	0.16	0.22	-2.899000e+01
ptb ratio	0.16	0.22	-2.899000e+01
ev to sales	-3.33	-2.98	-1.153000e+01
enterprise value over ebitda	-22.11	-19.82	-1.153000e+01
ev to operating cash flow	-8.26	-7.41	-1.153000e+01
ev to free cash flow	-8.26	-7.41	-1.153000e+01
earnings yield	0.12	0.08	4.082000e+01
free cash flow yield	0.37	0.26	4.082000e+01
debt to equity	0.01	0	NaN
debt to assets	0.01	0	NaN
net debt to ebitda	-29.35	-30.03	2.240000e+00
current ratio	7.43	7.43	-0.000000e+00
interest coverage	0	0	NaN
income quality	3.11	3.11	0.000000e+00
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.03	0.03	0.000000e+00
research and ddevelopement to revenue	0.01	0.01	0.000000e+00
intangibles to total assets	0.07	0.07	-0.000000e+00
capex to operating cash flow	0.0	0.0	0.000000e+00
capex to revenue	0.0	0.0	0.000000e+00
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	2.02	2.02	0.000000e+00
roic	0.02	0.02	-1.450000e+00
return on tangible assets	0.02	0.02	-0.000000e+00
graham net net	2.44	2.26	8.050000e+00
working capital	213730000	213730001	-0.000000e+00
tangible asset value	214832000	214832000	0.000000e+00
net current asset value	213532000	213532001	-0.000000e+00
invested capital	232464000	232464001	-0.000000e+00
average receivables	67159000	82596500	-1.869000e+01
average payables	4992000	5698500	-1.240000e+01
average inventory	13642000	0.5	2.728400e+09
days sales outstanding	179.26	179.26	0.000000e+00
days payables outstanding	53.02	53.02	0.000000e+00
days of inventory on hand	289.81	0	NaN
receivables turnover	0.5	0.5	0.000000e+00
payables turnover	1.7	1.7	0.000000e+00
inventory turnover	0.31	0	NaN
roe	0.02	0.02	0.000000e+00
capex per share	0.0	0.0	0.000000e+00

• Negative

  ROE: Return on Equity (ROE) decreased to 0.02 on 2023-06-30 Q2 from 0.02 on 2023-03-24 Q1, representing a change of 0.00%. Suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 2.10 on 2023-06-30 Q2 from 2.96 on 2023-03-24 Q1, representing a change of -28.99%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio decreased to 7.43 on 2023-06-30 Q2 from 7.43 on 2023-03-24 Q1, representing a change of -0.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None