GLG Life Tech Corporation
GLG Life Tech Corporation produces and sells high-grade stevia and monk fruit extracts. The company offers P-Pro Plus, a pea protein product; REB M GOLD, a bioconverted Rebaudioside M and Rebaudioside D. sweetener; and natural ingredients. It serves food and beverage industry. GLG Life Tech Corporation was incorporated in 1998 and is headquartered in Richmond, Canada.
GLG Life Tech Corporation (GLGLF) - Net Assets
Latest net assets as of March 2025: $-109.22 Million USD
Based on the latest financial reports, GLG Life Tech Corporation (GLGLF) has net assets worth $-109.22 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($28.19 Million) and total liabilities ($137.40 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-109.22 Million |
| % of Total Assets | -387.45% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 552.44 |
GLG Life Tech Corporation - Net Assets Trend (2005–2024)
This chart illustrates how GLG Life Tech Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GLG Life Tech Corporation (2005–2024)
The table below shows the annual net assets of GLG Life Tech Corporation from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-105.40 Million | +37.98% |
| 2023-12-31 | $-169.93 Million | +5.94% |
| 2022-12-31 | $-180.66 Million | -22.10% |
| 2021-12-31 | $-147.96 Million | -20.76% |
| 2020-12-31 | $-122.53 Million | +9.87% |
| 2019-12-31 | $-135.94 Million | -17.16% |
| 2018-12-31 | $-116.03 Million | -30.35% |
| 2017-12-31 | $-89.01 Million | -1.81% |
| 2016-12-31 | $-87.43 Million | -32.02% |
| 2015-12-31 | $-66.22 Million | -58.52% |
| 2014-12-31 | $-41.77 Million | -212.50% |
| 2013-12-31 | $-13.37 Million | -273.87% |
| 2012-12-31 | $7.69 Million | -94.10% |
| 2011-12-31 | $130.40 Million | -11.76% |
| 2010-12-31 | $147.78 Million | +2.03% |
| 2009-12-31 | $144.84 Million | +23.98% |
| 2008-12-31 | $116.83 Million | +56.29% |
| 2007-12-31 | $74.75 Million | +288.00% |
| 2006-12-31 | $19.27 Million | +1609.62% |
| 2005-12-31 | $1.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GLG Life Tech Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 35518227300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $200.54 Million | % |
| Other Comprehensive Income | $15.20 Million | % |
| Other Components | $34.02 Million | % |
| Total Equity | $-105.42 Million | 100.00% |
GLG Life Tech Corporation Competitors by Market Cap
The table below lists competitors of GLG Life Tech Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coop Opsparing Modig
CO:COIMOD
|
$251.73K |
|
Comcast Corporation Class A Common Stock Ex-Distribution When Issued
NASDAQ:CMCSV
|
$251.90K |
|
Hwacheon Machine Tool Co. Ltd.
KQ:000850
|
$252.04K |
|
CLEARFIELD (AP7.SG)
STU:AP7
|
$252.07K |
|
Sleeping Giant Capital Corp.
V:SSX
|
$251.56K |
|
Credit Enhanced Corts Trust For Aon Capital A GIC
NYSE:KTN
|
$251.55K |
|
Dillards Capital Trust I
NYSE:DDT
|
$251.53K |
|
BANK HANDLOWY
BE:6HW
|
$251.51K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GLG Life Tech Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -169,070,447 to -105,417,344, a change of 63,653,103.
- Net income of 66,165,190 contributed positively to equity growth.
- Other comprehensive income decreased equity by 2,512,086.
- Other factors decreased equity by 1.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $66.17 Million | +62.76% |
| Other Comprehensive Income | $-2.51 Million | -2.38% |
| Other Changes | $-1.00 | -0.0% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares GLG Life Tech Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $0.01 | $0.01 | x |
| 2006-12-31 | $1.99 | $0.01 | x |
| 2007-12-31 | $2.73 | $0.01 | x |
| 2008-12-31 | $6.64 | $0.01 | x |
| 2009-12-31 | $6.75 | $0.01 | x |
| 2010-12-31 | $5.55 | $0.01 | x |
| 2011-12-31 | $4.00 | $0.01 | x |
| 2012-12-31 | $0.19 | $0.01 | x |
| 2013-12-31 | $-0.40 | $0.01 | x |
| 2014-12-31 | $-1.22 | $0.01 | x |
| 2015-12-31 | $-1.75 | $0.01 | x |
| 2016-12-31 | $-2.31 | $0.01 | x |
| 2017-12-31 | $-2.15 | $0.01 | x |
| 2018-12-31 | $-2.40 | $0.01 | x |
| 2019-12-31 | $-2.79 | $0.01 | x |
| 2020-12-31 | $-3.24 | $0.01 | x |
| 2021-12-31 | $-3.83 | $0.01 | x |
| 2022-12-31 | $-4.68 | $0.01 | x |
| 2023-12-31 | $-4.40 | $0.01 | x |
| 2024-12-31 | $-2.75 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GLG Life Tech Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 454.58%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-31.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 0.00% | 0.29x | 1.20x | $-112.69K |
| 2006 | 1.09% | 14.82% | 0.07x | 1.11x | $-1.72 Million |
| 2007 | 0.84% | 6.90% | 0.10x | 1.19x | $-6.84 Million |
| 2008 | -9.08% | -107.23% | 0.06x | 1.49x | $-22.29 Million |
| 2009 | 0.52% | 1.81% | 0.18x | 1.59x | $-13.72 Million |
| 2010 | -1.99% | -4.98% | 0.21x | 1.88x | $-17.71 Million |
| 2011 | -70.59% | -364.39% | 0.11x | 1.82x | $-103.34 Million |
| 2012 | -553.76% | -156.75% | 0.21x | 16.77x | $-34.64 Million |
| 2013 | 0.00% | -164.97% | 0.18x | 0.00x | $-25.09 Million |
| 2014 | 0.00% | -162.98% | 0.28x | 0.00x | $-28.39 Million |
| 2015 | 0.00% | -84.67% | 0.40x | 0.00x | $-19.09 Million |
| 2016 | 0.00% | -125.60% | 0.34x | 0.00x | $-15.06 Million |
| 2017 | 0.00% | -86.82% | 0.40x | 0.00x | $-8.68 Million |
| 2018 | 0.00% | -130.16% | 0.38x | 0.00x | $-12.42 Million |
| 2019 | 0.00% | -190.06% | 0.28x | 0.00x | $-8.58 Million |
| 2020 | 0.00% | 108.09% | 0.60x | 0.00x | $28.72 Million |
| 2021 | 0.00% | -217.94% | 0.44x | 0.00x | $-8.99 Million |
| 2022 | 0.00% | -302.61% | 0.48x | 0.00x | $-15.09 Million |
| 2023 | 0.00% | -54.53% | 1.03x | 0.00x | $11.28 Million |
| 2024 | 0.00% | 454.58% | 0.52x | 0.00x | $76.71 Million |
Industry Comparison
This section compares GLG Life Tech Corporation's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,138,415,277
- Average return on equity (ROE) among peers: -57.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GLG Life Tech Corporation (GLGLF) | $-109.22 Million | 0.00% | N/A | $251.71K |
| African Agriculture Holdings Inc (AAGRW) | $-3.75 Million | 0.00% | 0.00x | $107.62K |
| Atlantic Sapphire ASA (AASZF) | $81.31 Million | -8.12% | 0.12x | $8.52 Million |
| Australian Agricultural Company Limited (AAYYY) | $671.99 Million | 1.57% | 0.73x | $654.00 Million |
| Archer-Daniels-Midland Company (ADM) | $8.53 Billion | 12.24% | 1.27x | $33.40 Billion |
| Anglo-Eastern Plantations Plc (AEPLF) | $572.98 Million | 15.52% | 0.10x | $166.40 Million |
| Forafric Global PLC Ordinary Shares (AFRI) | $5.32 Million | -457.58% | 45.29x | $31.15 Million |
| Adecoagro SA (AGRO) | $645.13 Million | 1.55% | 1.49x | $272.09 Million |
| Agroz Inc. Ordinary Shares (AGRZ) | $163.20K | -177.61% | 22.30x | $4.61 Million |
| Alico Inc (ALCO) | $115.49 Million | 4.08% | 1.37x | $221.07 Million |
| Astral Foods Limited (ALFDF) | $764.83 Million | 34.55% | 1.40x | $170.88 Million |