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MARKETS / NASDAQ / GDHG
NASDAQ · SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION · SMALL CAP

Golden Heaven Group Holdings Ltd. GDHG

5 fiscal years on record · USD · FY2025 reported · SEC filings only
$15.3M
▼ 31.5% YoY
$-8.6M
In brief

What this company does

We conduct our operations in China through Nanping Golden Heaven Amusement Park Management Co., Ltd. (“Golden Heaven WFOE”) and its subsidiaries. We incorporated Golden Heaven Group Holdings Ltd. (“Golden Heaven Cayman”) as an exempted company under the laws of the Cayman Islands on January 8, 2020. We are an offshore holding company incorporated in the Cayman Islands. Through the operating entities in China, we manage and operate amusement parks, water parks and complementary recreational facilities. All the amusement parks were leased to Fuzhou Yibang, a third-party operator, in November and December 2024. The Company transitioned from amusement park operator to amusement park lessor.

Written from the business description in Golden Heaven Group Holdings Ltd.'s annual report to the U.S. Securities and Exchange Commission, filed 21 January 2026. Every sentence was checked against that document before publication.

Growth
USD 15.3M
Revenue, FY2025 · full 5-year series below
Revenue $M Net income $M
FY2025 · Revenue 15.3 · Net income -8.6
20M40M-4M-8M20212022202320242025
Compound annual growth
−28.5%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−56 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -44.5% · Net -56.2%
20%40%-20%-40%20212022202320242025
ROE
FY2025 · ROE -6.5%
10%20%30%-2%-4%-6%20212022202320242025

Each USD of equity lost 7 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF -3.1
8M16M-10M-20M20212022202320242025

Total assetsUSD 191.4M
EquityUSD 180.7M
CashUSD 86.0M
DepositsUSD 70,235.00
Current ratio25.01×

Equity funds 94% of total assets.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021
Revenue $B0.00.00.00.00.0
Operating income $B−0.0−0.00.00.00.0
EBITDA $B··0.00.00.0
Income tax $B0.00.00.00.00.0
Net income $B−0.0−0.00.00.00.0
Free cash flow $B·−0.0−0.00.0−0.0
EPS, diluted $−10.83−262.732417.0014.330.14
Dividend / sh $·····
Payout %·····
ROE %−6.5−2.511.832.134.1

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 23 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 72 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Miscellaneous Amusement & Recreation
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsSeptember 30
SEC categoryemerging growth company
Data on record since2021

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