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) - Total Assets
Latest total assets as of March 2025: $28.19 Million USD
Based on the latest financial reports, GLG Life Tech Corporation (GLGLF) holds total assets worth $28.19 Million USD as of March 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.
GLG Life Tech Corporation - Total Assets Trend (2005–2024)
This chart illustrates how GLG Life Tech Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
GLG Life Tech Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
GLG Life Tech Corporation's total assets of $28.19 Million consist of 99.9% current assets and 0.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.0% |
| Accounts Receivable | $4.05 Million | 14.4% |
| Inventory | $1.63 Million | 5.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how GLG Life Tech Corporation'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: GLG Life Tech Corporation's current assets represent 99.9% of total assets in 2024, an increase from 0.0% in 2005.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2024, down from 55.3% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 14.4% of total assets.
GLG Life Tech Corporation Competitors by Total Assets
Key competitors of GLG Life Tech Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Riverview Rubber Estates Bhd
KLSE:2542
|
Malaysia | RM406.55 Million |
|
ShenZhen Kondarl Group Co Ltd
SHE:000048
|
China | CN¥10.49 Billion |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
|
China | CN¥505.58 Million |
|
Hefei Fengle Seed Co Ltd
SHE:000713
|
China | CN¥3.52 Billion |
|
Luoniushan Co Ltd
SHE:000735
|
China | CN¥10.05 Billion |
|
New Hope Liuhe Co Ltd
SHE:000876
|
China | CN¥116.87 Billion |
|
Yuan Longping High-tech Agriculture Co Ltd
SHE:000998
|
China | CN¥25.48 Billion |
|
Dongrui Food Group Co Ltd
SHE:001201
|
China | CN¥6.21 Billion |
GLG Life Tech Corporation - 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 - GLG Life Tech Corporation generates 0.52x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, GLG Life Tech Corporation generates $ 235.87 in net profit.
GLG Life Tech Corporation - 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 | 0.21 | 0.05 | 0.10 |
| Quick Ratio | 0.19 | 0.04 | 0.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-108.40 Million | $ -176.75 Million | $ -161.31 Million |
GLG Life Tech Corporation - Advanced Valuation Insights
This section examines the relationship between GLG Life Tech Corporation'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 | 0.01 |
| Asset Growth Rate (YoY) | 178.7% |
| Total Assets | $28.05 Million |
| Market Capitalization | $251.71K USD |
Valuation Analysis
Below Book Valuation: The market values GLG Life Tech Corporation's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: GLG Life Tech Corporation's assets grew by 178.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for GLG Life Tech Corporation (2005–2024)
The table below shows the annual total assets of GLG Life Tech Corporation from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $28.05 Million | +178.67% |
| 2023-12-31 | $10.07 Million | -56.13% |
| 2022-12-31 | $22.95 Million | -6.54% |
| 2021-12-31 | $24.55 Million | -3.49% |
| 2020-12-31 | $25.44 Million | -30.59% |
| 2019-12-31 | $36.65 Million | -16.59% |
| 2018-12-31 | $43.94 Million | -10.02% |
| 2017-12-31 | $48.84 Million | -11.41% |
| 2016-12-31 | $55.13 Million | -27.49% |
| 2015-12-31 | $76.03 Million | +5.74% |
| 2014-12-31 | $71.90 Million | -18.10% |
| 2013-12-31 | $87.80 Million | -14.81% |
| 2012-12-31 | $103.07 Million | -55.91% |
| 2011-12-31 | $233.78 Million | -15.66% |
| 2010-12-31 | $277.18 Million | +20.73% |
| 2009-12-31 | $229.59 Million | +31.67% |
| 2008-12-31 | $174.36 Million | +95.88% |
| 2007-12-31 | $89.01 Million | +316.67% |
| 2006-12-31 | $21.36 Million | +1476.54% |
| 2005-12-31 | $1.36 Million | -- |