OTCPK:GLGL.F

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Executive Summary

GLG Life Tech Corporation engages in the research and development, growing, refining, and production of natural sweeteners extracted from the stevia plant and monk fruit worldwide. More Details


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has GLG Life Tech's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GLGL.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.3%

GLGL.F

-0.9%

US Food

-0.4%

US Market


1 Year Return

15.4%

GLGL.F

10.0%

US Food

18.3%

US Market

Return vs Industry: GLGL.F exceeded the US Food industry which returned 10% over the past year.

Return vs Market: GLGL.F underperformed the US Market which returned 18.3% over the past year.


Shareholder returns

GLGL.FIndustryMarket
7 Day-0.3%-0.9%-0.4%
30 Day-30.1%5.6%6.6%
90 Day19.7%2.0%8.6%
1 Year15.4%15.4%12.7%10.0%21.0%18.3%
3 Year-82.4%-82.4%12.4%3.2%42.1%32.7%
5 Year-54.8%-54.8%17.4%1.4%85.6%64.7%

Price Volatility Vs. Market

How volatile is GLG Life Tech's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is GLG Life Tech undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether GLG Life Tech is trading at an attractive price based on the cash flow it is expected to produce in the future. But as GLG Life Tech has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of GLGL.F's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through GLG Life Tech regulatory filings here.
  • Explore potentially undervalued companies in the Food, Beverage & Tobacco industry.

Future Growth

How is GLG Life Tech forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.3%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


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 GLG Life Tech 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 SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of GLGL.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access GLG Life Tech's filings and announcementshere.
  • Explore growth companies in the Food, Beverage & Tobacco industry.

Past Performance

How has GLG Life Tech performed over the past 5 years?

12.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GLGL.F is currently unprofitable.

Growing Profit Margin: GLGL.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GLGL.F is unprofitable, but has reduced losses over the past 5 years at a rate of 12.5% per year.

Accelerating Growth: Unable to compare GLGL.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GLGL.F is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-6.4%).


Return on Equity

High ROE: GLGL.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is GLG Life Tech's financial position?


Financial Position Analysis

Short Term Liabilities: GLGL.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: GLGL.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: GLGL.F has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: GLGL.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GLGL.F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: GLGL.F has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 6.6% each year.


Next Steps

Dividend

What is GLG Life Tech current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GLGL.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GLGL.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GLGL.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GLGL.F's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GLGL.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Luke Zhang

12.42yrs

Tenure

CA$610,340

Compensation

Dr. Yong Zhang, also known as Luke, has been the Chairman and Chief Executive Officer at GLG Life Tech Corporation since June 21, 2005 and May 15, 2008 respectively. Dr. Zhang serves as Chairman and Chief ...


Leadership Team

NamePositionTenureCompensationOwnership
Yong Zhang
Chairman & CEO12.42yrsCA$610.34k11.49%
CA$ 712.7k
Simon Springett
COO & Director1.33yrsCA$186.11k0.43%
CA$ 26.6k
Edward Wang
Controller & Acting CFO0.33yrno datano data
Jiwei Dong
Chief Financial Officer - China Operationsno datano datano data
Fred Fan
Division Head of Import/Export - China Operationsno datano datano data
Shugao Yang
Division Head of Legal - China Operationsno datano datano data
Daining Zhang
Division Head of Purchasing - China Operationsno datano datano data
Xiangtai Duan
Division Head of Construction - China Operationsno datano datano data
Qibin Wang
VP of Agriculture & Chief Agricultural Scientistno datano datano data
Yunru Zhang
Vice President of China Business Developmentno datano datano data

1.8yrs

Average Tenure

Experienced Management: GLGL.F's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Yong Zhang
Chairman & CEO12.42yrsCA$610.34k11.49%
CA$ 712.7k
Simon Springett
COO & Director1.33yrsCA$186.11k0.43%
CA$ 26.6k
Wayne Lautt
Chairman of Scientific Advisory Boardno datano datano data
David Dockery
Member of Scientific Advisory Boardno datano datano data
Brian Palmieri
Independent Vice Chairman of the Board12.42yrsno data2.32%
CA$ 144.0k
Sophia Leung
Independent Director13.67yrsno data0.30%
CA$ 18.3k
Yingchun Liu
Independent Director12.33yrsno data0.045%
CA$ 2.8k
Zhao Guang Hong
Independent Director10.17yrsno data0.66%
CA$ 41.2k
Gerald Minuk
Member of Scientific Advisory Boardno datano datano data
Dai Tian Ye
Member of Scientific Advisory Boardno datano datano data
Carolyn Bishop
Member of Scientific Advisory Boardno datano datano data
Frank Burczynski
Member of Scientific Advisory Boardno datano datano data

12.4yrs

Average Tenure

Experienced Board: GLGL.F's board of directors are seasoned and experienced ( 12.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

GLG Life Tech Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GLG Life Tech Corporation
  • Ticker: GLGL.F
  • Exchange: OTCPK
  • Founded: 1998
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: US$6.205m
  • Shares outstanding: 38.39m
  • Website: https://www.glglifetech.com

Number of Employees


Location

  • GLG Life Tech Corporation
  • 10271 Shellbridge Way
  • Suite 100
  • Richmond
  • British Columbia
  • V6X 2W8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GLGL.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 2007
GLGTSX (The Toronto Stock Exchange)YesCommon SharesCACADJun 2007
9LTNDB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2007

Biography

GLG Life Tech Corporation engages in the research and development, growing, refining, and production of natural sweeteners extracted from the stevia plant and monk fruit worldwide. The company also offers ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 00:50
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.