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) - Total Assets
Latest total assets as of December 2024: $346.59 Million USD
Based on the latest financial reports, Glory Star New Media Group Holdings Limited (GSMGW) holds total assets worth $346.59 Million USD as of December 2024.
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 Star New Media Group Holdings Limited - Total Assets Trend (2017–2024)
This chart illustrates how Glory Star New Media Group Holdings Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Glory Star New Media Group Holdings Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Glory Star New Media Group Holdings Limited's total assets of $346.59 Million consist of 88.2% current assets and 11.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 57.0% |
| Accounts Receivable | $77.07 Million | 22.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Glory Star New Media Group Holdings Limited'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 Star New Media Group Holdings Limited's current assets represent 88.2% of total assets in 2024, an increase from 80.5% in 2017.
- Cash Position: Cash and equivalents constituted 57.0% of total assets in 2024, up from 16.3% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 22.2% of total assets.
Glory Star New Media Group Holdings Limited Competitors by Total Assets
Key competitors of Glory Star New Media Group Holdings Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Genimous Technology Co Ltd
SHE:000676
|
China | CN¥5.12 Billion |
|
PUC Bhd
KLSE:0007
|
Malaysia | RM188.26 Million |
|
Hunan TV & Broadcast Intermediary Co Ltd
SHE:000917
|
China | CN¥16.44 Billion |
|
Focus Media Information Technology Co Ltd
SHE:002027
|
China | CN¥23.79 Billion |
|
NanJi ECommerce Co Ltd
SHE:002127
|
China | CN¥4.84 Billion |
|
Leo Group Co Ltd
SHE:002131
|
China | CN¥21.89 Billion |
|
Foshan Saturday Shoes Co Ltd
SHE:002291
|
China | CN¥4.97 Billion |
|
Guangdong Advertising Co Ltd
SHE:002400
|
China | CN¥11.09 Billion |
Glory Star New Media Group Holdings Limited - 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 Star New Media Group Holdings Limited generates 0.42x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Glory Star New Media Group Holdings Limited generates $7.49 in net profit.
Glory Star New Media Group Holdings Limited - 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 | 7.66 | 6.64 | 0.10 |
| Quick Ratio | 7.66 | 6.64 | 0.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $265.67 Million | $ 260.66 Million | $ -748.59K |
Glory Star New Media Group Holdings Limited - Advanced Valuation Insights
This section examines the relationship between Glory Star New Media Group Holdings Limited'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 5.8% |
| Total Assets | $346.59 Million |
| Market Capitalization | $3.63K USD |
Valuation Analysis
Below Book Valuation: The market values Glory Star New Media Group Holdings Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Glory Star New Media Group Holdings Limited's assets grew by 5.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Glory Star New Media Group Holdings Limited (2017–2024)
The table below shows the annual total assets of Glory Star New Media Group Holdings Limited from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $346.59 Million | +5.79% |
| 2023-12-31 | $327.63 Million | +59.07% |
| 2022-12-31 | $205.96 Million | +5.53% |
| 2021-12-31 | $195.17 Million | +36.11% |
| 2020-12-31 | $143.40 Million | +79.90% |
| 2019-12-31 | $79.71 Million | +46.72% |
| 2018-12-31 | $54.33 Million | +71.22% |
| 2017-12-31 | $31.73 Million | -- |