Glory Star New Media Group Holdings Limited
Cheer Holding, Inc., through its subsidiaries, provides advertisement and content production services in the People's Republic of China. It operates through Cheers APP Internet Business and Traditional Media Businesses segments. The company also engages in mobile and online advertising, and media and entertainment businesses. In addition, it operates CHEERS app, an integrated e-commerce service w… Read more
Glory Star New Media Group Holdings Limited (GSMGW) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.058x
Based on the latest financial reports, Glory Star New Media Group Holdings Limited (GSMGW) has a cash flow conversion efficiency ratio of 0.058x as of June 2023.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($13.59 Million) by net assets ($232.86 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Glory Star New Media Group Holdings Limited - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Glory Star New Media Group Holdings Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Glory Star New Media Group Holdings Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Glory Star New Media Group Holdings Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
VLA
VN:VLA
|
N/A |
|
Mass Megawatts Wind Power, Inc.
PINK:MMMWD
|
0.050x |
|
Captor Capital Corp
STU:NMVA
|
-0.116x |
|
Bemax Inc
PINK:BMXC
|
0.217x |
|
alpha-En Corporation
PINK:ALPE
|
-6.600x |
|
Soochow Suzhou Industrial Park
SHG:508027
|
N/A |
|
OHL (HUA.SG)
STU:HUA
|
0.142x |
|
FIRST NATIONAL BANK BOTSWANA LIMITED
XBOT:FNBB-EQO
|
N/A |
Annual Cash Flow Conversion Efficiency for Glory Star New Media Group Holdings Limited (2017–2024)
The table below shows the annual cash flow conversion efficiency of Glory Star New Media Group Holdings Limited from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $305.07 Million | $22.88 Million | 0.075x | -50.22% |
| 2023-12-31 | $280.01 Million | $42.17 Million | 0.151x | +235.73% |
| 2022-12-31 | $172.50 Million | $7.74 Million | 0.045x | -84.60% |
| 2021-12-31 | $159.46 Million | $46.45 Million | 0.291x | +250.88% |
| 2020-12-31 | $105.28 Million | $8.74 Million | 0.083x | -80.19% |
| 2019-12-31 | $62.26 Million | $26.09 Million | 0.419x | +195.20% |
| 2018-12-31 | $24.05 Million | $-10.59 Million | -0.440x | +54.24% |
| 2017-12-31 | $11.74 Million | $-11.29 Million | -0.962x | -- |