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gigacloud technology inc. - GCT

GCT

Close Chg Chg %
24.12 -0.41 -1.70%

Open Market

23.71

-0.41 (1.70%)

Volume: 264.34K

Last Updated:

Nov 22, 2024, 11:04 AM EDT

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Company Overview: gigacloud technology inc. - GCT

GCT Key Data

Open

$23.85

 Day Range

23.70 - 24.41

52 Week Range

8.70 - 45.17

 Market Cap

$981.94M

Shares Outstanding

40.71M

 Public Float

24.75M

Beta

1.78

 Rev. Per Employee

N/A

P/E Ratio

7.59

 EPS

$3.18

Yield

0.00%

 Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

1.47M

  

GCT Performance

1 Week
 
 15.63%
 
1 Month
 
 -0.21%
 
3 Months
 
 7.01%
 
1 Year
 
 139.52%
 
5 Years
 
 N/A
 

GCT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 3
Full Ratings ➔

About gigacloud technology inc. - GCT

GigaCloud Technology, Inc. specializes in global end-to-end business-to-business (B2B) electronic commerce (e-commerce) for large parcel merchandise. The firm's B2B ecommerce platform, which it refers to as the GigaCloud Marketplace, integrates everything from product discovery, payments, and messaging portals, leveraging channel diversification for suppliers, while resellers gain access to thousands of products backed by a complete logistics package. Its global marketplace seamlessly connects manufacturers, primarily in Asia, with resellers, primarily in the U.S., Asia, and Europe, to execute cross-border transactions with confidence, speed, and efficiency. The firm offers a comprehensive solution that transports products from the manufacturer's warehouse to the end customer’s doorstep, all in one place. The company was founded by Lei Wu on August 29, 2006 and is headquartered in El Monte, CA.

GCT At a Glance

GigaCloud Technology, Inc.
4388 Shirley Avenue
El Monte, California 91731
Phone 1-626-912-8886 Revenue 703.83M
Industry Wholesale Distributors Net Income 94.11M
Sector Distribution Services 2023 Sales Growth 43.618%
Fiscal Year-end 12 / 2024 Employees 1,362
View SEC Filings

GCT Valuation

P/E Current 7.595
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 7.93
Price to Sales Ratio 1.064
Price to Book Ratio 2.569
Price to Cash Flow Ratio 5.61
Enterprise Value to EBITDA 8.281
Enterprise Value to Sales 1.375
Total Debt to Enterprise Value 0.417

GCT Efficiency

Revenue/Employee 516,762.849
Income Per Employee 69,095.448
Receivables Turnover 10.227
Total Asset Turnover 1.112

GCT Liquidity

Current Ratio 1.909
Quick Ratio 1.256
Cash Ratio 0.895

GCT Profitability

Gross Margin 26.71
Operating Margin 16.10
Pretax Margin 16.338
Net Margin 13.371
Return on Assets 14.872
Return on Equity 38.755
Return on Total Capital 13.566
Return on Invested Capital 19.881

GCT Capital Structure

Total Debt to Total Equity 138.86
Total Debt to Total Capital 58.134
Total Debt to Total Assets 47.617
Long-Term Debt to Equity 118.321
Long-Term Debt to Total Capital 49.536
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Gigacloud Technology Inc. - GCT

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
275.48M 414.20M 490.07M 703.83M
Sales Growth
+125.26% +50.36% +18.32% +43.62%
Cost of Goods Sold (COGS) incl D&A
200.40M 324.80M 407.37M 515.84M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
227.00K 775.00K 2.04M 3.55M
Depreciation
227.00K 775.00K 2.04M 3.24M
Amortization of Intangibles
- - - 310.00K
-
COGS Growth
+100.17% +62.08% +25.42% +26.63%
Gross Income
75.08M 89.40M 82.70M 187.99M
Gross Income Growth
+238.44% +19.07% -7.49% +127.32%
Gross Profit Margin
+27.25% +21.58% +16.87% +26.71%
2020 2021 2022 2023 5-year trend
SG&A Expense
30.89M 50.04M 47.68M 74.68M
Research & Development
- - 1.43M 3.83M
-
Other SG&A
30.89M 50.04M 46.25M 70.84M
SGA Growth
+77.74% +61.98% -4.73% +56.64%
Other Operating Expense
- - - -
-
Unusual Expense
- - - -
-
EBIT after Unusual Expense
44.18M 39.35M 35.02M 113.31M
Non Operating Income/Expense
1.14M (1.32M) (3.29M) 2.92M
Non-Operating Interest Income
58.00K 537.00K 472.00K 3.30M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
46.00K 309.00K 568.00K 1.24M
Interest Expense Growth
- +571.74% +83.82% +118.31%
Gross Interest Expense
46.00K 309.00K 568.00K 1.24M
Interest Capitalized
- - - -
-
Pretax Income
45.28M 37.73M 31.16M 115.00M
Pretax Income Growth
+842.84% -16.68% -17.39% +269.00%
Pretax Margin
+16.44% +9.11% +6.36% +16.34%
Income Tax
7.82M 8.47M 7.19M 20.89M
Income Tax - Current - Domestic
6.93M 7.92M 4.30M 16.85M
Income Tax - Current - Foreign
274.00K 415.00K 2.71M 3.64M
Income Tax - Deferred - Domestic
618.00K 131.00K (3.00K) (65.00K)
Income Tax - Deferred - Foreign
- - 186.00K 463.00K
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- (152.00K) (1.50M) (941.00K)
Consolidated Net Income
37.30M 27.76M 23.03M 94.11M
Minority Interest Expense
- - - -
-
Net Income
37.30M 27.76M 23.03M 94.11M
Net Income Growth
+1,205.67% -25.59% -17.03% +308.61%
Net Margin Growth
+13.54% +6.70% +4.70% +13.37%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
37.30M 27.76M 23.03M 94.11M
Preferred Dividends
- 24.34M 18.78M 8.35M
Net Income Available to Common
12.96M 8.98M 14.68M 94.11M
EPS (Basic)
0.326 0.2259 0.4071 2.3072
EPS (Basic) Growth
+1,183.46% -30.71% +80.21% +466.74%
Basic Shares Outstanding
39.75M 39.75M 36.06M 40.79M
EPS (Diluted)
0.326 0.2259 0.4071 2.2997
EPS (Diluted) Growth
+1,183.46% -30.71% +80.21% +464.90%
Diluted Shares Outstanding
39.75M 39.75M 36.06M 40.92M
EBITDA
44.41M 40.13M 37.06M 116.87M
EBITDA Growth
+800.83% -9.64% -7.64% +215.33%
EBITDA Margin
+16.12% +9.69% +7.56% +16.60%

Snapshot

Average Recommendation BUY Average Target Price 52.75
Number of Ratings 3 Current Quarters Estimate 0.877
FY Report Date 12 / 2024 Current Year's Estimate 3.32
Last Quarter’s Earnings 1.15 Median PE on CY Estimate N/A
Year Ago Earnings 2.30 Next Fiscal Year Estimate 3.843
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 3 3 3 3
Mean Estimate 0.88 0.79 3.32 3.84
High Estimates 0.93 0.88 3.93 4.27
Low Estimate 0.83 0.74 2.91 3.62
Coefficient of Variance 5.74 9.54 16.22 9.62

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 4 6
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Gigacloud Technology Inc. - GCT

Date Name Shares Transaction Value
Aug 20, 2024 Zhi Wu Chen Director 18,824 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Aug 20, 2024 Lorri Kelley Director 5,212 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Aug 20, 2024 Jan William Visser Director 5,212 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 25, 2024 Doll Capital Management, Inc. Director 4,588,873 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $30.14 per share 138,308,632.22
Jun 21, 2024 Doll Capital Management, Inc. Director 4,652,638 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $31.26 per share 145,441,463.88
Jun 21, 2024 Doll Capital Management, Inc. Director 4,604,866 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $30.07 per share 138,468,320.62
Jun 18, 2024 Doll Capital Management, Inc. Director 4,784,912 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $30.99 per share 148,284,422.88
Jun 18, 2024 Doll Capital Management, Inc. Director 4,783,245 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $31.57 per share 151,007,044.65
May 21, 2024 Lei Wu Chief Executive Officer; Director 111,380 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $36.03 per share 4,013,021.40
May 21, 2024 Lei Wu Chief Executive Officer; Director 100,456 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.06 per share 3,722,899.36
May 21, 2024 Lei Wu Chief Executive Officer; Director 100,000 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.8 per share 3,780,000.00
May 16, 2024 Lei Wu Chief Executive Officer; Director 142,566 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $36.99 per share 5,273,516.34
May 15, 2024 Xin Yan Hao Chief Operating Officer 787,486 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.07 per share 29,192,106.02
May 15, 2024 Xin Yan Hao Chief Operating Officer 1,104,941 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $36.58 per share 40,418,741.78
May 15, 2024 Xin Yan Hao Chief Operating Officer 1,004,941 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $36.24 per share 36,419,061.84
May 15, 2024 Xin Yan Hao Chief Operating Officer 854,941 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $35.9 per share 30,692,381.90
May 14, 2024 Lei Wu Chief Executive Officer; Director 210,317 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.31 per share 7,846,927.27
May 14, 2024 Lei Wu Chief Executive Officer; Director 180,773 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $38.24 per share 6,912,759.52
May 14, 2024 Lei Wu Chief Executive Officer; Director 170,942 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $39.14 per share 6,690,669.88
May 14, 2024 Lei Wu Chief Executive Officer; Director 289,816 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $39.14 per share 11,343,398.24

Gigacloud Technology Inc. in the News