Glory Gross Profit from 2010 to 2024

GSMGW Stock  USD 0  0.0001  8.33%   
Glory Star Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 78.7 M in 2024. Gross Profit is the profit Glory Star New makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
112.8 M
Current Value
78.7 M
Quarterly Volatility
43.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Glory Star financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Glory Star's main balance sheet or income statement drivers, such as Tax Provision of 58 K, Net Interest Income of 3.1 K or Depreciation And Amortization of 4.4 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0 or PTB Ratio of 0.29. Glory financial statements analysis is a perfect complement when working with Glory Star Valuation or Volatility modules.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Latest Glory Star's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Glory Star New over the last few years. 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. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Glory Star's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Glory Star's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Glory Gross Profit Regression Statistics

Arithmetic Mean45,066,177
Geometric Mean29,176,663
Coefficient Of Variation96.21
Mean Deviation38,131,303
Median13,794,000
Standard Deviation43,358,478
Sample Variance1880T
Range104.3M
R-Value0.83
Mean Square Error646T
R-Squared0.68
Significance0.0002
Slope8,000,252
Total Sum of Squares26319.4T

Glory Gross Profit History

202478.7 M
2023112.8 M
2022116.5 M
2021118.1 M
202085.3 M
201933.9 M
201820.4 M

Other Fundumenentals of Glory Star New

Glory Star Gross Profit component correlations

1.0-0.85-0.870.90.820.830.871.00.231.00.990.24-0.84-0.83-0.83-0.740.94-0.80.88
1.0-0.84-0.870.90.820.830.851.00.21.01.00.22-0.84-0.83-0.84-0.740.94-0.80.88
-0.85-0.840.68-0.83-0.71-0.88-0.82-0.85-0.63-0.84-0.84-0.610.720.760.760.7-0.780.58-0.77
-0.87-0.870.68-0.9-0.84-0.75-0.73-0.87-0.04-0.85-0.85-0.070.830.760.760.68-0.870.52-0.83
0.90.9-0.83-0.90.90.920.890.90.240.880.880.25-0.92-0.87-0.87-0.780.96-0.470.92
0.820.82-0.71-0.840.90.870.830.820.280.770.760.28-0.92-0.92-0.92-0.870.88-0.380.68
0.830.83-0.88-0.750.920.870.840.830.430.790.790.42-0.91-0.93-0.93-0.890.87-0.390.76
0.870.85-0.82-0.730.890.830.840.860.50.840.830.54-0.91-0.73-0.73-0.620.94-0.520.83
1.01.0-0.85-0.870.90.820.830.860.231.00.990.24-0.84-0.84-0.84-0.740.94-0.790.88
0.230.2-0.63-0.040.240.280.430.50.230.210.20.99-0.27-0.21-0.21-0.20.23-0.070.13
1.01.0-0.84-0.850.880.770.790.841.00.211.00.22-0.8-0.79-0.79-0.690.92-0.830.89
0.991.0-0.84-0.850.880.760.790.830.990.21.00.21-0.79-0.79-0.79-0.690.91-0.830.89
0.240.22-0.61-0.070.250.280.420.540.240.990.220.21-0.32-0.18-0.18-0.150.26-0.080.15
-0.84-0.840.720.83-0.92-0.92-0.91-0.91-0.84-0.27-0.8-0.79-0.320.850.850.78-0.950.4-0.78
-0.83-0.830.760.76-0.87-0.92-0.93-0.73-0.84-0.21-0.79-0.79-0.180.851.00.98-0.830.45-0.68
-0.83-0.840.760.76-0.87-0.92-0.93-0.73-0.84-0.21-0.79-0.79-0.180.851.00.98-0.830.45-0.68
-0.74-0.740.70.68-0.78-0.87-0.89-0.62-0.74-0.2-0.69-0.69-0.150.780.980.98-0.720.37-0.55
0.940.94-0.78-0.870.960.880.870.940.940.230.920.910.26-0.95-0.83-0.83-0.72-0.590.91
-0.8-0.80.580.52-0.47-0.38-0.39-0.52-0.79-0.07-0.83-0.83-0.080.40.450.450.37-0.59-0.59
0.880.88-0.77-0.830.920.680.760.830.880.130.890.890.15-0.78-0.68-0.68-0.550.91-0.59
Click cells to compare fundamentals

About Glory Star Financial Statements

Glory Star investors use historical fundamental indicators, such as Glory Star's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Glory Star. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit112.8 M78.7 M
Gross Profit Margin 0.67  0.46 

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Additional Tools for Glory Stock Analysis

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.