Glory Star New Media Group Holdings Limited

Glory Star New Media Group Holdings Limitedverified

GSMGW

Price:

$0.0009

Market Cap:

$40.65M

Glory Star New Media Group Holdings Limited, established in 2016 and based in Beijing, China, delivers advertising and content production services through its subsidiaries across the People's Republic of China. The company's activities also extend to mobile and online digital advertising, as well as broader media and entertainment ventures. A core offering is its CHEERS application, a multifaceted e-commerce platform. This platform enables users to engage with an online marketplace, live-streamed events, episodic television series, and digital games, in addition to accessing various online short videos, reality shows, and dramas. Moreover, Glory Star is actively developing the CheerCar App, ...[Read more]

Industry

Advertising Agencies

IPO Date

2018-09-12

Stock Exchange

NASDAQ

Ticker

GSMGW

The Current Ratio as of June 2026 (TTM) for Glory Star New Media Group Holdings Limited (GSMGW) is 5.59

According to Glory Star New Media Group Holdings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 5.59. This represents a change of -14.14% compared to the average of 6.51 of the last 4 quarters.

Glory Star New Media Group Holdings Limited (GSMGW) Historical Current Ratio (quarterly & annually)

How has GSMGW Current Ratio performed in the past?

The mean historical Current Ratio of Glory Star New Media Group Holdings Limited over the last ten years is 3.36. The current 5.59 Current Ratio has changed 16.51% with respect to the historical average. Over the past ten years (40 quarters), GSMGW's Current Ratio was at its highest in in the September 2018 quarter at 34.29. The Current Ratio was at its lowest in in the March 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

3.36

Median

3.38

Minimum

1.28

Maximum

5.59

Glory Star New Media Group Holdings Limited (GSMGW) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Glory Star New Media Group Holdings Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 81.28%

Maximum Annual Current Ratio = 5.59

Minimum Annual Increase = -24.11%

Minimum Annual Current Ratio = 1.28

Quarterly (TTM)
Annual
YearCurrent RatioChange
20225.5925.76%
20214.4452.34%
20202.92-24.11%
20193.8481.28%
20182.1265.93%

Glory Star New Media Group Holdings Limited (GSMGW) Average Current Ratio

How has GSMGW Current Ratio performed in the past?

The current Current Ratio of Glory Star New Media Group Holdings Limited (GSMGW) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

4.32

5-year avg

3.78

10-year avg

3.36

Glory Star New Media Group Holdings Limited (GSMGW) Current Ratio vs. Peers

How is GSMGW’s Current Ratio compared to its peers?

Glory Star New Media Group Holdings Limited’s Current Ratio is less than Glory Star New Media Group Holdings Limited (5.59), greater than Lion Financial Group Limited (2.90), greater than International General Insurance Holdings Ltd. (0), greater than AGBA Acquisition Limited (0.04), less than Meten EdtechX Education Group Ltd. (7.79),

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