Glory Forever PCL
Glory Forever Public Company Limited operates an online media platform for digital books in Thailand. It operates in three segments: E-commerce, Residential, and Other segments. The company operates Alisa, a generative AI chatbot; and platforms for reading-writing, including Kawebook and Jinovel. It also provides management services and contracting works for residential projects; and offers healt… Read more
Glory Forever PCL (GLORY) - Total Assets
Latest total assets as of September 2025: ฿225.87 Million THB
Based on the latest financial reports, Glory Forever PCL (GLORY) holds total assets worth ฿225.87 Million THB as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Glory Forever PCL - Total Assets Trend (2017–2024)
This chart illustrates how Glory Forever PCL’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Glory Forever PCL - Asset Composition Analysis
Current Asset Composition (December 2024)
Glory Forever PCL's total assets of ฿225.87 Million consist of 44.4% current assets and 55.6% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 19.6% |
| Accounts Receivable | ฿29.11 Million | 12.3% |
| Inventory | ฿1.52 Million | 0.6% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿77.72 Million | 32.8% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Glory Forever PCL's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Glory Forever PCL's current assets represent 44.4% of total assets in 2024, an increase from 43.5% in 2017.
- Cash Position: Cash and equivalents constituted 19.6% of total assets in 2024, down from 42.4% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 32.0% of total assets, a decrease from 41.0% in 2017.
- Asset Diversification: The largest asset category is intangible assets at 32.8% of total assets.
Glory Forever PCL Competitors by Total Assets
Key competitors of Glory Forever PCL based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tangel Publishing
SHE:300148
|
China | CN¥1.48 Billion |
|
Huamei Holding
SHE:000607
|
China | CN¥3.53 Billion |
|
Central China Land Media Co Ltd
SHE:000719
|
China | CN¥18.96 Billion |
|
Guangdong Guangzhou Daily Media Co Ltd
SHE:002181
|
China | CN¥5.13 Billion |
|
Catcha Digital Bhd
KLSE:0173
|
Malaysia | RM142.18 Million |
|
YeaRimDang Publishing Co. Ltd
KQ:036000
|
Korea | ₩300.92 Billion |
|
Samsung Publis
KO:068290
|
Korea | ₩212.43 Billion |
|
Woongjin Thinkbig Co Ltd
KO:095720
|
Korea | ₩747.74 Billion |
Glory Forever PCL - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Glory Forever PCL generates 0.57x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Glory Forever PCL is currently not profitable relative to its asset base.
Glory Forever PCL - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.03 | 4.23 | 2.44 |
| Quick Ratio | 3.86 | 4.10 | 2.44 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿76.02 Million | ฿ 98.67 Million | ฿ 31.60 Million |
Glory Forever PCL - Advanced Valuation Insights
This section examines the relationship between Glory Forever PCL's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.89 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -19.7% |
| Total Assets | ฿236.89 Million |
| Market Capitalization | $1.46 Million USD |
Valuation Analysis
Below Book Valuation: The market values Glory Forever PCL's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Glory Forever PCL's assets decreased by 19.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Glory Forever PCL (2017–2024)
The table below shows the annual total assets of Glory Forever PCL from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿236.89 Million | -19.67% |
| 2023-12-31 | ฿294.91 Million | -17.06% |
| 2022-12-31 | ฿355.58 Million | +12.60% |
| 2021-12-31 | ฿315.81 Million | +131.27% |
| 2020-12-31 | ฿136.56 Million | +319.15% |
| 2019-12-31 | ฿32.58 Million | +25.01% |
| 2018-12-31 | ฿26.06 Million | +321.46% |
| 2017-12-31 | ฿6.18 Million | -- |