GLG LIFE TECH CORPORATION chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.28
Dividend & YieldN/AC$ (N/A)
Beta 1.13
Market capitalization 2.5M
Operating cash flow 849.73k
ESG Scores unknown

Company description

GLG Life Tech Corporation engages in the research, development, growing, refining, and production of natural sweeteners extracted from the stevia plant and monk fruit worldwide. The company also offers P-Pro Plus, a pea protein product; and natural ingredients. It serves the food and beverage industry. The company was formerly known as GLG Life Tech Limited and changed its name to GLG Life Tech Corporation in March 2007. GLG Life Tech Corporation was incorporated in 1998 and is headquartered in Richmond, Canada.

Sector: Consumer Defensive - Industry: Farm Products

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 4.14M 3.08M -12.47M 955.78k
Total Cashflows From Investing Activities -655.24k -127.41k 33.09M -126.89k
Net Borrowings 565.32k -274.41k -17.34M -267.08k
Total Cash From Financing Activities 329.51k -489.13k -25.36M -539.45k
Change To Operating Activities 13.06M 17.55M 20.34M 20.99M
Issuance Of Stock
Net Income -21.58M -19.29M 16.53M -23.7M
Change In Cash 836.89k -1.29M 350.3k -316.62k
Effect Of Exchange Rate -92.16k 73.61k 949.66k 130.03k
Total Cash From Operating Activities 1.25M -745.66k -8.33M 219.69k
Depreciation 3.33M 2.91M 1.68M 1.45M
Change To Account Receivables -2.02M 1.36M -181.93k -520.8k
Other Cashflows From Financing Activities -235.81k -214.72k -8.03M -272.37k
Change To Netincome 977.39k -5.82M -35.95M 562.53k
Capital Expenditures -655.24k -144.75k -5.48k -126.89k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -26.46M -25.02M 28.08M -23.87M
Net Income -21.58M -19.29M 16.53M -23.7M
Selling General Administrative 9.47M 8.9M 5.74M 4M
Gross Profit 1.64M 881.38k 3.75M 2.8M
Ebit -7.83M -7.97M -2.03M -1.2M
Operating Income -7.83M -7.97M -2.03M -1.2M
Interest Expense -13.05M -17.87M -16.75M -21.45M
Income Tax Expense
Total Revenue 16.58M 10.15M 15.29M 10.88M
Cost Of Revenue 14.94M 9.27M 11.54M 8.07M
Total Other Income ExpenseNet -18.64M -17.04M 30.12M -22.67M
Net Income From Continuing Ops -26.46M -25.02M 28.08M -23.87M
Net Income Applicable To Common Shares -21.58M -19.29M 16.53M -23.7M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 159.97M 172.59M 147.97M 172.52M
Total Stockholder Equity -91.66M -107.12M -121.9M -147.15M
Other Current Liabilities 9.42M 10.81M 8.12M 8.54M
Total Assets 43.94M 36.65M 25.44M 24.55M
Common Stock 199.51M 200.11M 200.47M 200.54M
Other Current Assets 414.31k 299.44k 264.46k 313.12k
Retained Earnings -366.11M -385.4M -368.88M -392.58M
Treasury Stock 7.78M 11M 12.49M 10.87M
Cash 1.49M 205.66k 555.96k 239.34k
Total Current Liabilities 159.97M 172.09M 147.64M 172.29M
Other Stockholder Equity 7.78M 11M 12.49M 10.87M
Property, Plant, and Equipment 33.2M 29.01M 18.73M 18.01M
Total Current Assets 10.74M 7.64M 6.71M 6.47M
Net Tangible Assets -91.66M -107.12M -121.9M -147.15M
Net Receivables 3.49M 2.02M 2.14M 2.92M
Accounts Payable 7.52M 7.51M 4.67M 4.73M


Insider Transactions

Here are the insider transactions of stock shares related to GLG LIFE TECH CORPORATION:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Zhang (Luke)Conversion or exchange at price 0.40 per share.D2018-07-0310% Security Holder of Issuer254.72k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to GLG LIFE TECH CORPORATION. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on GLG LIFE TECH CORPORATION

Here is the result of two systematic investment strategies applied to GLG LIFE TECH CORPORATION. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on GLG LIFE TECH CORPORATION

The following chart shows the equity curve of the two systematic investment strategies applied to GLG LIFE TECH CORPORATION:

GLG LIFE TECH CORPORATION automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -79.56% on the backtest period.

Performance at glance

Performance

-79.56 %

Latent gain

-1591.22 C$

Invested capital

1999.94 C$

Annualized return

-15.48 %
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Momentum strategy results on GLG LIFE TECH CORPORATION

This is the result of two momentum investment strategies applied to GLG LIFE TECH CORPORATION. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on GLG LIFE TECH CORPORATION

The following chart shows all the entries opened by the momentum investment system on GLG LIFE TECH CORPORATION:

GLG LIFE TECH CORPORATION momentum entries
  • The first momentum investment strategy would give -65.89% of return on GLG LIFE TECH CORPORATION. That represents -3952.37C$ of latent gain with 5998.21C$ of employed capital.
  • The second momentum investment strategy would give -63.89% of return on GLG LIFE TECH CORPORATION. That represents -3353.77C$ of latent gain with 5249.37C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-65.89 %

Latent gain

-3952.37 C$

Invested capital

5998.21 C$

Annualized return

-19.73 %
Performance at glance (2Q Momentum)

Performance

-63.89 %

Latent gain

-3353.77 C$

Invested capital

5249.37 C$

Annualized return

-13.71 %

Momentum equity curve on GLG LIFE TECH CORPORATION

The following chart shows the equity curve of the two momentum strategies applied to GLG LIFE TECH CORPORATION:

GLG LIFE TECH CORPORATION momentum equity

Note: the dividends potentially given by GLG LIFE TECH CORPORATION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on GLG LIFE TECH CORPORATION

The following chart shows the employed capital evolution of the two momentum strategies on GLG LIFE TECH CORPORATION since the beginning:

GLG LIFE TECH CORPORATION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on GLG LIFE TECH CORPORATION

Buy the dip entry openings on GLG LIFE TECH CORPORATION

GLG LIFE TECH CORPORATION

The performance achieved by the robo-advisor on GLG LIFE TECH CORPORATION is -61.96%. That represents -1084.48$ of latent gain with 1750.16C$ of employed capital. The following chart shows GLG LIFE TECH CORPORATION stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of GLG LIFE TECH CORPORATION, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-61.96 %

Latent gain

-1084.48 C$

Invested capital

1750.16 C$

Annualized return

-19.73 %

Equity curve of the strategy applied to GLG LIFE TECH CORPORATION

The following chart shows the result of the investment strategy applied to GLG LIFE TECH CORPORATION:

GLG LIFE TECH CORPORATION

Note: the dividends potentially given by GLG LIFE TECH CORPORATION are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on GLG LIFE TECH CORPORATION

The following chart shows the employed capital evolution since the beginning of the investment strategy on GLG LIFE TECH CORPORATION:

GLG LIFE TECH CORPORATION

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on GLG LIFE TECH CORPORATION

In this section, I will compare the three previous investment strategies applied to GLG LIFE TECH CORPORATION.

Equity curve comparison on GLG LIFE TECH CORPORATION

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

GLG LIFE TECH CORPORATION investment strategy comparison

Employed capital comparison on GLG LIFE TECH CORPORATION

GLG LIFE TECH CORPORATION investment comparison

Performance comparison on GLG LIFE TECH CORPORATION

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -79.56% -1591.22C$ 1999.94C$ -15.48%
Momentum 1 quarter -65.89% -3952.37C$ 5998.21C$ -13.45%
Momentum 2 quarters -63.89% -3353.77C$ 5249.37C$ -13.71%
Non-directional -61.96% -1084.48C$ 1750.16C$ -19.73%
Annualized return comparison

Automatic investment

-15.48 %

Momentum 1Q

-13.71 %

Momentum 2Q

-13.71 %

Non-directional

-19.73 %

Correlated stocks

Here are the most positively and negatively correlated stocks with GLG LIFE TECH CORPORATION:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between GLG LIFE TECH CORPORATION and the other stocks. There may be false positives or some missing correlated stocks. If the price of GLG LIFE TECH CORPORATION does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name GLG LIFE TECH CORPORATION
Country Canada
City Richmond
Address 10271 Shellbridge Way
Phone
Website www.glglifetech.com
FullTime employees 89
Industry Farm Products
Sector Consumer Defensive
Exchange XTSE
Ticker GLG.XTSE
Market

GLG LIFE TECH CORPORATION ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown