Golden Heaven Group
Logotype for Golden Heaven Group Holdings Ltd

Golden Heaven Group (GDHG) investor relations material

Golden Heaven Group H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Golden Heaven Group Holdings Ltd
H2 2025 earnings summary21 Jan, 2026

Executive summary

  • Revenue declined 31.6% year-over-year to $15.3M in FY2025, driven by a shift from park operations to a lessor model and leasing all parks to a third-party operator in late 2024.

  • Net loss widened to $8.6M in FY2025 from a $1.8M loss in FY2024, reflecting lower in-park sales and higher general and administrative expenses, including share-based compensation.

  • Gross margin improved to 50.2% in FY2025 from 44.8% in FY2024, due to reduced operating costs after the transition to a lessor model.

Financial highlights

  • FY2025 revenue: $15.3M (down from $22.3M in FY2024 and $31.8M in FY2023).

  • Net loss: $8.6M in FY2025, $1.8M in FY2024, net income of $6.5M in FY2023.

  • Gross profit: $7.7M in FY2025, $10.0M in FY2024, $19.3M in FY2023.

  • Cash and cash equivalents: $86.0M as of September 30, 2025, up from $19.8M in 2024.

  • Shareholders’ equity: $180.7M as of September 30, 2025.

Outlook and guidance

  • Management expects revenue growth and sufficient working capital for at least the next twelve months.

  • Ongoing capital expenditures of $22.5M are planned for two new park construction projects, with operations expected to commence in 2026.

Assess the financial stability impact of the lessor transition.
Detail NDRC approval status for Tongling/Yueyang parks.
What is the timeline for remediating internal control weaknesses?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Golden Heaven Group earnings date

Logotype for Golden Heaven Group Holdings Ltd
H1 20269 Jul, 2026
Golden Heaven Group
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Golden Heaven Group earnings date

Logotype for Golden Heaven Group Holdings Ltd
H1 20269 Jul, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Golden Heaven Group Holdings Ltd. is involved in the management and operation of amusement parks, water parks, and other recreational facilities in China. The company’s offerings include a variety of recreational experiences such as thrill rides, family-friendly attractions, water-based activities, gourmet events, and live performances, including circus shows. Golden Heaven operates six parks across China, designed to cater to both local residents and tourists seeking entertainment and leisure activities. The company is headquartered in Nanping, China, and its shares are listed on the NASDAQ.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage