Glory Historical Income Statement

GSMGW Stock  USD 0  0  44.12%   
Historical analysis of Glory Star income statement accounts such as Depreciation And Amortization of 4.4 M or Interest Expense of 101.6 K can show how well Glory Star New performed in making a profits. Evaluating Glory Star income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Glory Star's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Glory Star New latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Glory Star New is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glory Star New. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

About Glory Income Statement Analysis

Glory Star New Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Glory Star shareholders. The income statement also shows Glory investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Glory Star Income Statement Chart

Glory Star New Income Statement is one of the three primary financial statements used for reporting Glory's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Glory Star New revenue and expense. Glory Star Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Glory Star's Net Interest Income is fairly stable compared to the past year. Depreciation And Amortization is likely to climb to about 4.4 M in 2024, whereas Interest Expense is likely to drop slightly above 101.6 K in 2024.

Total Revenue

Total revenue comprises all receipts Glory Star New generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Glory Star New minus its cost of goods sold. It is profit before Glory Star operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Glory Star's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Glory Star New current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glory Star New. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, Glory Star's Net Interest Income is fairly stable compared to the past year. Depreciation And Amortization is likely to climb to about 4.4 M in 2024, whereas Interest Expense is likely to drop slightly above 101.6 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense513K93K107.0K101.6K
Depreciation And Amortization2.3M3.6M4.2M4.4M

Glory Star income statement Correlations

-0.670.690.730.190.60.80.770.720.870.840.870.650.870.850.570.790.870.280.840.98
-0.67-0.02-0.980.29-0.06-0.31-0.27-0.23-0.45-0.41-0.45-0.18-0.41-0.47-0.01-0.18-0.440.19-0.41-0.58
0.69-0.020.170.730.940.90.90.890.80.810.80.840.840.820.950.940.810.770.810.79
0.73-0.980.17-0.080.220.440.390.360.570.540.570.330.540.60.190.310.560.020.530.68
0.190.290.73-0.080.740.530.520.570.460.50.470.650.490.530.810.570.480.970.490.37
0.6-0.060.940.220.740.930.940.920.830.840.830.890.850.80.990.90.840.770.850.71
0.8-0.310.90.440.530.931.00.980.930.930.930.930.950.890.910.970.930.580.940.86
0.77-0.270.90.390.520.941.00.980.920.930.920.910.940.840.90.960.920.550.930.82
0.72-0.230.890.360.570.920.980.980.870.880.880.950.910.860.90.960.880.620.890.79
0.87-0.450.80.570.460.830.930.920.871.01.00.850.990.860.80.91.00.471.00.91
0.84-0.410.810.540.50.840.930.930.881.01.00.871.00.850.820.911.00.491.00.89
0.87-0.450.80.570.470.830.930.920.881.01.00.861.00.860.810.911.00.471.00.91
0.65-0.180.840.330.650.890.930.910.950.850.870.860.880.890.890.920.860.670.870.73
0.87-0.410.840.540.490.850.950.940.910.991.01.00.880.870.830.941.00.51.00.92
0.85-0.470.820.60.530.80.890.840.860.860.850.860.890.870.790.860.860.610.850.9
0.57-0.010.950.190.810.990.910.90.90.80.820.810.890.830.790.890.820.830.820.69
0.79-0.180.940.310.570.90.970.960.960.90.910.910.920.940.860.890.910.610.910.86
0.87-0.440.810.560.480.840.930.920.881.01.01.00.861.00.860.820.910.481.00.91
0.280.190.770.020.970.770.580.550.620.470.490.470.670.50.610.830.610.480.490.45
0.84-0.410.810.530.490.850.940.930.891.01.01.00.871.00.850.820.911.00.490.89
0.98-0.580.790.680.370.710.860.820.790.910.890.910.730.920.90.690.860.910.450.89
Click cells to compare fundamentals

Glory Star Account Relationship Matchups

Glory Star income statement Accounts

201920202021202220232024 (projected)
Tax Provision191K1.7M976K413K61K58.0K
Net Interest Income(295K)(282K)(513K)(93K)3K3.2K
Depreciation And Amortization50K3.9M2.3M3.6M4.2M4.4M
Interest Expense295K282K513K93K107.0K101.6K
Selling General Administrative3.1M10.1M3.3M5.9M81.9M86.0M
Selling And Marketing Expenses3.2M43.8M77.5M82.5M94.9M99.7M
Total Revenue65.8M123.8M153.0M157.1M152.3M116.8M
Gross Profit33.9M85.3M118.1M116.5M112.8M78.7M
Other Operating Expenses38.9M93.1M116.7M130.4M149.9M81.8M
Operating Income26.8M30.7M36.3M26.7M29.3M27.3M
Net Income From Continuing Ops26.4M29.2M35.4M26.4M30.5M27.0M
Ebit26.8M30.7M36.3M26.7M30.7M26.5M
Research Development749K691K920K1.3M1.6M941.9K
Ebitda26.9M34.6M38.5M30.3M34.9M28.4M
Cost Of Revenue31.9M38.5M34.9M40.6M39.5M38.1M
Total Operating Expenses7.0M54.6M81.8M89.8M123.0M129.2M
Reconciled Depreciation1.1M3.4M2.5M3.3M3.8M2.3M
Income Before Tax26.6M30.9M36.3M26.9M30.6M27.5M
Total Other Income Expense Net(245K)249K41K127K1.3M1.4M
Net Income26.3M29.3M35.3M26.9M30.5M27.1M
Income Tax Expense191K1.7M976K413K475.0K495.9K
Minority Interest(80K)31K(65K)450K(51K)(48.5K)

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When determining whether Glory Star New is a strong investment it is important to analyze Glory Star's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Glory Star's future performance. For an informed investment choice regarding Glory Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glory Star New. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Glory Star New information on this page should be used as a complementary analysis to other Glory Star's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Glory Star's price analysis, check to measure Glory Star's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Glory Star is operating at the current time. Most of Glory Star's value examination focuses on studying past and present price action to predict the probability of Glory Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glory Star's price. Additionally, you may evaluate how the addition of Glory Star to your portfolios can decrease your overall portfolio volatility.
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Is Glory Star's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Glory Star. If investors know Glory will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Glory Star listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Earnings Share
0.54
Revenue Per Share
17.636
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0686
The market value of Glory Star New is measured differently than its book value, which is the value of Glory that is recorded on the company's balance sheet. Investors also form their own opinion of Glory Star's value that differs from its market value or its book value, called intrinsic value, which is Glory Star's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Glory Star's market value can be influenced by many factors that don't directly affect Glory Star's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Glory Star's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glory Star is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glory Star's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.