Handelsavisen
prelaunch
Companies ›Consumer Cyclicals ›GLDS.DH
GL
GLDS.DH — — Textiles & Leather Goods

Golden Son Ltd

—
Open in Charts → Attach watcher ⌖
— —
USD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
—
P/E
—
EV / Rev
—
Div yield
1,06 %
Op margin
-4,2 %
ROE
-0,1 %
Net margin
-1,2 %
Debt / equity
1,21
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
—
Open
—
Next earnings
—
Ex-dividend
—
TR 1Y
—
About

Golden Son Ltd is a textiles and leather goods company that generates revenue primarily through the production and sale of consumer goods in the cyclical consumer products sector.

Business. Golden Son Ltd (GLDS.DH) operates in the Textiles & Leather Goods industry within the Consumer Cyclicals sector. The company generates revenue through the sale of products, with key performance indicators including organic revenue growth, gross margin, and wholesale versus retail mix. Specific details regarding operating segments, headquarters location, and geographic revenue breakdown are not available in the provided data. The firm is identified by the ticker GLDS.DH.

Classification92 %
SectorConsumer Cyclicals
Business sectorCyclical Consumer Products
IndustryTextiles & Leather Goods
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
-0,1 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning GLDS.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to GLDS.DH. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Golden Son Ltd (GLDS.DH) operates in the Textiles & Leather Goods industry within the Consumer Cyclicals sector. The company generates revenue through the sale of products, with key performance indicators including organic revenue growth, gross margin, and wholesale versus retail mix. Specific details regarding operating segments, headquarters location, and geographic revenue breakdown are not available in the provided data. The firm is identified by the ticker GLDS.DH.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorCyclical Consumer Products
    IndustryTextiles & Leather Goods
    AI synthesis
    GENERATED

    Golden Son Ltd's capital structure is characterized by a debt-to-equity ratio of 1.21, indicating a moderate reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 1.77, suggesting it can cover short-term obligations but with limited buffer. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints.

    Profitability metrics for Golden Son Ltd are weak, with a return on equity of -0.0008 and a return on assets of -0.0003, both significantly below the industry median for Textiles & Leather Goods. These figures indicate that the company is not generating returns that meet the cost of capital or asset efficiency benchmarks.

    The company's revenue is concentrated in a single business segment, as disclosed in its latest financials, with no geographic diversification provided in the available data. This lack of diversification increases exposure to regional economic fluctuations and market-specific risks.

    Golden Son Ltd's growth trajectory is uncertain, with no clear revenue growth or decline indicated in the available data. The company's operating income and net income are negative, and free cash flow is negative at -68.5 million, suggesting operational inefficiencies and a lack of cash generation.

    The company's risk profile is marked by a medium liquidity risk and a low dilution risk. The negative net cash position after debt is a key flag, and the company's capital expenditures of -130.02 million suggest ongoing investment in operations, though this is not offset by positive cash flow.

    Recent events, as disclosed in the latest financial filing, include a significant operating loss and negative net income, which may signal underlying operational or market challenges. No recent filings or transcripts have been provided that detail specific strategic or operational changes.

    Key takeaways
    • Golden Son Ltd is operating at a loss, with negative returns on equity and assets.
    • The company's liquidity position is moderate, but its net cash position is negative after debt.
    • There is no geographic or segment diversification disclosed, increasing concentration risk.
    • Capital expenditures are significant, but not supported by positive cash flow.
    • The company's growth trajectory is unclear, with no clear revenue or profit improvement.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 5

    Revenue grew 11.7% year-over-year to BDT 831.4 million, indicating top-line expansion despite recent net losses.

    Operating income improved 29.7% year-over-year, suggesting operational efficiencies are beginning to offset revenue declines.

    Long-term debt decreased to BDT 4.13 billion from BDT 3.74 billion in FY-1, showing some deleveraging efforts.

    Gross profit increased to BDT 189.5 million in FY0, up from BDT 74.0 million in FY-1.

    Dilution risk is assessed as low, providing some stability for existing shareholders regarding equity structure.

    BEAR CASE · 4

    The company reported a net loss of BDT 116.5 million in FY0, continuing a trend of unprofitability.

    Free cash flow deteriorated to negative BDT 348.3 million in FY0, worsening from negative BDT 334.5 million previously.

    Operating margin of -4.2% places the company in the bottom quartile compared to 350 textile peers.

    Debt-to-equity ratio of 1.21 is significantly higher than the cohort median of 0.43, indicating high leverage.

    In focus — financials by report

    Valuation FY

    Market price
    —
    Market cap
    —
    Enterprise valueⓘ
    —
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    —
    P / Tangible bookⓘ
    —
    Tangible book
    $3.22B
    Net cashⓘ
    -$3.84B
    Current ratioⓘ
    1.8
    Debt / equityⓘ
    1.2
    ROAⓘ
    -0.0%
    ROEⓘ
    -0.1%
    Cash conversionⓘ
    -2230.0%
    CapEx / revenueⓘ
    -59.9%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin-4,2 %Bottom quartile
    Net Margin-1,2 %Bottom quartile
    ROE-0,1 %Below median
    Capex / Rev-59,9 %Bottom quartile
    D/E1,21Bottom quartile
    Cash Conv-22,30Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Golden Son Ltd Market data — financials · 2026-05-28

    Ownership & reference

    Leadership

    • Tracy LinExecutive Chairman of the Board

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    GLDS.DHCanonical
    — · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage