Glorious Creation Limited, through its subsidiaries, engages in the IT related consulting and Internet marketing, and trade agency and consulting businesses.
The last earnings update was 170 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Glorious Creation. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Glorious Creation's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Glorious Creation has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected IT industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Glorious Creation's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Glorious Creation's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Glorious Creation's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Glorious Creation is high growth as no earnings estimate data is available.
Unable to determine if Glorious Creation is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Glorious Creation's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Glorious Creation's finances.
The net worth of a company is the difference between its assets and liabilities.
Glorious Creation's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Glorious Creation has no long term commitments.
This treemap shows a more detailed breakdown of
Glorious Creation's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.9x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Yuk Kan Kong has been Chief Executive Officer at Glorious Creation Limited since December 24, 2015 and serves as its President. Mr. Kong serves as Chief Executive Officer of Glorious IT. He was responsible for setting up Glorious IT in 2011. Mr. Kong is responsible for developing the strategic vision of GCL and building the necessary infrastructure in Vietnam, Hong Kong and Mainland China to implement the Corporations business plan. He has been a Director at Glorious Creation Limited since December 24, 2015. Mr. Kong has over 14 years’ experience as an IT director or IT manager in various public and private companies, most notably with YesMobile H.K. from 2001 to 2003 and Luks Group (Vietnam Holdings) Company Limited from 2005 to 2011. He worked at the Saigon Trade Center in Vietnam from 2009 to 2011 for Luks Group (Vietnam Holdings) Company Limited, during which time he assisted in the development of the Optical Fiber System in the Saigon Trade Center. Mr. Kong has obtained various IT qualifications, including: Certification of Information Systems Security Professional, Linux Professional Certification, Computer Information Forensic Investigator and Certificate of Cisco Network Associate. Mr. Kong holds Master’s Degree from the New Asia Institute of Advanced Chinese Studies in 1996 and a Ph.D. (Chinese Economic History) from Xiamen University of China in 2009.
Yuk's compensation has been consistent with company performance over the past year.
Yuk's remuneration is lower than average for companies of similar size in Germany.
CEO, President & Director
Chief Financial Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Glorious Creation board of directors is less than 3 years, this suggests a new board.
Glorious Creation Limited, through its subsidiaries, engages in the IT related consulting and Internet marketing, and trade agency and consulting businesses. The company operates an e-commerce platform that provides various IT services and logistics management for the execution of commerce; and a business to business online marketplace for linking small- to medium-sized enterprises. It also offers marketing and sales support, and logistics and administrative services, as well as access to various government licenses. The company has operations in Canada, Hong Kong, China, and Vietnam. Glorious Creation Limited is headquartered in Vancouver, Canada.
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