Golden Heaven Group Holdings Ltd

ir.jsyoule.com

What Do They Do?

Leases amusement parks to third-party operators and sells access to rides and attractions to park guests.

How Do They Make Money?

Amusement-park operators pay rent quarterly under leases, while guests load prepaid cards and pay for each ride or attraction access.

revenue

Segment	Share	How money arrives
Sales of in-park recreation Usage-based	20% FY2022: 94%	Usage-based
Rental income Recurring	80% FY2022: 2.6%	Recurring
Sales of in-park recreation at a point in time Usage-based	20% FY2022: 94%	Usage-based
Rental income over time Recurring	80% FY2022: 2.6%	Recurring

Who Are Their Customers?

Park guests buy access to rides and attractions at ticket booths with prepaid cards. Commercial tenants and amusement-facility operators rent space in parks, while third-party operators lease entire parks.

Do Revenues Turn Into Profits?

No. It lost $8.6M in FY2025.

Operating income, FY2025

−44% of revenue

▲ +35219% (Loss) vs FY2024 (−$19.2K, 0%)

Net income, FY2025

−56% of revenue

▲ +378% (Loss) vs FY2024 (−$1.8M, −8%)

How Are They Changing?

Shrinking. Revenue fell 60% in 4 years, from $38.5M in FY2021 to $15.3M in FY2025, about 21% a year.

Revenue over time

Sales of in-park recreation Rental income Sales of in-park recreation at a point in time Rental income over time Park service fees Park service fees at a point in time

$50M$25M$0

FY2022 FY2023 FY2024 FY2025

Financial Snapshot

Last updated: 10/28/2026

Size

Revenue: N/A
Net Income: N/A

Growth FY2025

Revenue Growth
EPS Growth

Profitability

Gross Margin: N/A
Operating Margin: N/A
Net Income Margin: N/A

Cash flow

Free Cash Flow: N/A

Balance sheet 2026 Q1

Cash: $155.9M
Debt to Equity

Valuation Today

Market Cap: $67.82M
P/E: N/A

Company Facts

Industry: Miscellaneous Amusement & Recreation
Incorporated
Headquarters

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