Homepage

Cheer Holding, Inc.

CHR NASDAQ Categories PDF
Communication Services · Advertising Agencies
Beijing, 100016, China IPO 2020 ir.gsmg.co Updated Jun 27, 10:02am
Price
$1.94
Market Cap
$57.8M
Employees
122
Beta
0.93
Avg Volume
178,159
CEO
Bing Zhang
Business Description

Headquartered in Beijing, People's Republic of China, and established in 2016, Cheer Holding, Inc. provides advertisement and content production services, primarily operating within the Chinese market. The company structures its operations across two key segments: the internet-focused Cheers APP Business and its Traditional Media Businesses, additionally engaging in mobile and online advertising, as well as media and entertainment ventures. Cheer Holding offers a comprehensive suite of digital platforms and applications, including the CHEERS app, which integrates e-commerce functionalities with professional content. Its ecosystem also features the CHEERS Video app, serving as a media hub for lifestyle short videos and interactive live broadcasting, and CHEERS e-Mall, an e-commerce platform that enables third-party merchants to sell products through live streaming, online videos, and games. Furthermore, the company is at the forefront of technological innovation with CHEERS Telepathy, a multimodal artificial intelligence platform for content creation, and CHEERS API, designed to provide solutions for industry digital transformation and data integration. Its diverse offerings extend to CheerCar, an interactive entertainment app; CheerReal, a digital collectibles NFT application; CheerChat App, an AI social platform; and the CHEERS Metaverse, which delivers immersive digital experiences. Cheer Holding is also an active producer of various forms of content, such as short videos, online variety shows, dramas, live streams, and its proprietary Cheers series. The entity was formerly known as Glory Star New Media Group Holdings Limited until its name was officially changed to Cheer Holding, Inc. in November 2023.

Business History
Price Overview
Last updated: Jun 27, 2026 10:02am (just now)
$1.94
+0.19 (+10.86%)
Day Range
$1.69 – $1.94
52-Week Range
$1.25 – $313.50
50-Day MA
$1.92
200-Day MA
$14.03
Volume
296,150.00
Share Structure
Outstanding 29,768,212.00
Float 14,015,071.00
Free Float 47.1%
Moderate free float — 47.1% of shares trade freely, ~52.9% held by insiders/institutions
Reasonable but insiders still hold a significant stake. This can be positive (skin in the game) but may limit liquidity during sell-offs.
Price History (1 Year)
Last updated: Jun 27, 2026 10:02am (just now)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 24, 2026 1:32pm (2d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
API
Stock Price / EPS (Diluted)
0.08
Stock Price: $1.94
EPS (Diluted): 24.07
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
0.01
Stock Price: $1.94
Total Equity: $369.68M
Shares: 1,064,433
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
-5.25
Market Cap: $57.75M
Total Debt: $9.32M
Cash: $242.08M
EBITDA: $33.29M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
-$228.5M
Market Cap: $57.75M
Total Debt: $9.32M
Cash: $242.08M
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
71.0%
Gross Profit: $105.63M
Revenue: $148.84M
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
17.7%
Operating Income: $26.29M
Revenue: $148.84M
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
17.2%
Net Income: $25.62M
Revenue: $148.84M
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
7.6%
Net Income: $25.62M
Total Equity: $369.68M
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
6.9%
Operating Income: $26.29M
Tax Rate: 0.3%
Equity: $369.68M
Total Debt: $9.32M
Cash: $242.08M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
11.53
Current Assets: $366.59M
Current Liabilities: $31.79M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.03
Short-Term Debt: $9.32M
Long-Term Debt: $0.00
Total Debt: $9.32M
Total Equity: $369.68M
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$139.83
Revenue: $148.84M
Shares: 1,064,433
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$347.31
Total Equity: $369.68M
Shares: 1,064,433
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$16.19
Operating CF: $17.94M
CapEx: -$709,000
Shares: 1,064,433
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $1.94
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: $25.62M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares CHR against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 24, 2026 1:32pm (2d ago)
Metric 2021 2022 2023 2024 2025
Revenue $153.0M $157.1M $152.3M $147.2M $148.8M
Cost of Revenue $34.9M $40.6M $39.5M $39.4M $43.2M
Gross Profit $118.1M $116.5M $112.8M $107.8M $105.6M
Operating Expenses $81.8M $89.8M $83.5M $82.2M $79.3M
Operating Income $36.3M $26.7M $29.3M $25.6M $26.3M
Net Income $35.3M $26.9M $30.5M $26.0M $25.6M
EBITDA $39.4M $30.1M $33.1M $29.4M $33.3M
EPS $270.00 $197.50 $176.50 $125.50 $24.07
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 24, 2026 1:32pm (2d ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $77.3M $70.5M $194.2M $197.7M $242.1M
Total Current Assets $153.5M $183.8M $306.9M $305.6M $366.6M
Total Assets $195.2M $206.0M $327.6M $346.6M $401.7M
Current Liabilities $34.6M $32.9M $46.2M $39.9M $31.8M
Long-Term Debt $0 $0 $1.4M $1.4M $0
Total Liabilities $35.7M $33.5M $47.6M $41.5M $31.9M
Total Equity $158.9M $172.4M $279.9M $305.0M $369.7M
Retained Earnings $124.0M $150.7M $181.2M $207.1M $232.7M
Cash Flow (Annual)
Last updated: Jun 24, 2026 1:32pm (2d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $46.5M $7.7M $42.2M $22.9M $17.9M
Capital Expenditure -$2.8M -$8.0M $-3,000 -$24.9M $-709,000
Free Cash Flow $43.7M $-250,000 $42.2M -$2.0M $17.2M
Acquisitions (net) $-12,000 $0 $0 $0 $0
Debt Repayment
Dividends Paid
Stock Buybacks $0 $0 $0 $0 $0
Net Change in Cash $59.6M -$6.8M $124.0M $3.1M $44.4M
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 10:02am (just now)
Metric 2024 2026 2027 2028
Revenue $206.8M
$206.8M – $206.8M
$162.9M
$162.9M – $162.9M
$176.0M
$176.0M – $176.0M
$206.8M
$206.8M – $206.8M
EBITDA $45.0M
$45.0M – $45.0M
$35.5M
$35.5M – $35.5M
$38.3M
$38.3M – $38.3M
$45.0M
$45.0M – $45.0M
Net Income $404.5M
$404.5M – $404.5M
$798.3M
$798.3M – $798.3M
$766.4M
$766.4M – $766.4M
$1.2B
$1.2B – $1.2B
EPS
Growth Trends (YoY %)
Last updated: Jun 24, 2026 1:32pm (2d ago)
Metric 2022 2023 2024 2025
Revenue Growth +2.7% -3.0% -3.4% +1.1%
Gross Profit Growth -1.3% -3.2% -4.4% -2.0%
Operating Income Growth -26.3% +9.6% -12.6% +2.7%
Net Income Growth -23.8% +13.3% -14.8% -1.3%
EBITDA Growth -23.6% +10.0% -11.0% +13.2%
Insider Trading (Recent)
Type codes PPurchase SSale AAward / grant MOption exercise FIn-kind (tax) CConversion GGift DReturn to issuer
All SEC Form 4 codes
Open market
P Purchase
Open-market or private purchase of shares.
S Sale
Open-market or private sale of shares.
Compensation (Rule 16b-3)
A Award / grant
Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
D Return to issuer
Securities disposed back to the company under Rule 16b-3.
F In-kind (tax)
Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
I Discretionary
Discretionary transaction under an employee plan — Rule 16b-3(f).
M Option exercise
Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
C Conversion
Conversion of a derivative security into the underlying shares.
E Short expiration
Expiration of a short derivative position.
H Long expiration
Expiration or cancellation of a long derivative position with value received.
O OTM exercise
Exercise of an out-of-the-money derivative.
X ITM exercise
Exercise of an in-the-money or at-the-money derivative.
Other exempt
G Gift
Bona fide gift of securities.
L Small acquisition
Small acquisition under Rule 16a-6.
W Inheritance
Acquisition or disposition by will or the laws of descent.
Z Voting trust
Deposit into or withdrawal from a voting trust.
Other
J Other
Other acquisition or disposition (explained in a Form 4 footnote).
K Equity swap
Transaction in an equity swap or similar instrument.
U Tender / buyout
Disposition via tender of shares in a change-of-control transaction.

Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.

Date Insider Type Shares Price Value
2025-12-18 Lu Jia 0.00 $0.00 $0
2025-12-18 Lu Jia 0.00 $0.00 $0
2025-12-18 Zhang Bing 0.00 $0.00 $0
2025-12-18 Zhang Bing 0.00 $0.00 $0
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for CHR — it's generated by the pipeline (market-narrative step).
Community AI Feedback
No community reviews yet for CHR. Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30