Golden Heaven Gr (GDHG) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Jan 21, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GDHG SEC filings page.
Golden Heaven Gr (GDHG) reported $15.3M in revenue for fiscal year 2025, down 31.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Shrinking revenue meets a heavier fixed-cost base, while expansion is funded more by financing than internally generated cash.
From FY2024 to FY2025, revenue fell to$15.3M while SG&A climbed to$13.0M , making overhead harder to absorb at the smaller scale. Gross margin improved in FY2025, yet the company posted a -44.5% operating margin; the deterioration therefore sits below gross profit, in operating costs rather than product-level profitability.
The asset base nearly doubled from
FY2025 operating cash flow reached
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Golden Heaven Gr's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Golden Heaven Gr has an operating margin of -44.5%, meaning the company loses $44 on every $100 of revenue. This results in a profitability score of 16/100. This is down from -0.1% the prior year.
Golden Heaven Gr's revenue declined 31.5% year-over-year, from $22.3M to $15.3M. This contraction results in a growth score of 2/100.
Golden Heaven Gr carries a low D/E ratio of 0.06, meaning only $0.06 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 84/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 25.01, Golden Heaven Gr holds $25.01 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Golden Heaven Gr posts a -4.8% return on equity (ROE), meaning it loses $5 for every $100 of shareholders' equity. This results in a returns score of 34/100. This is down from -2.1% the prior year.
Golden Heaven Gr scores 5.05, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($73.8M) relative to total liabilities ($10.8M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Golden Heaven Gr passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Golden Heaven Gr reported a net loss of $8.6M while generating $19.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Golden Heaven Gr held $86.0M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
GDHG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
GDHG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2420-F | Q2'2410-Q | Q4'2310-K | Q4'2210-K |
|---|---|---|---|---|---|
| Total Assets | $191.4M+94.3% | $98.6M+19.9% | $82.9M | $82.2M+12.5% | $73.1M |
| Current Assets | $110.1M+81.7% | $60.6M+311.3% | $3.9M | $14.7M-39.8% | $24.5M |
| Cash & Equivalents | $86.0M+333.7% | $19.8M+7964.0% | $129K | $246K-98.9% | $22.4M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $10.8M-27.2% | $14.8M-29.9% | $18.6M | $21.2M-9.8% | $23.5M |
| Current Liabilities | $4.4M-24.3% | $5.8M-59.9% | $8.5M | $14.5M-9.6% | $16.1M |
| Non-Current Liabilities | $6.4M-29.1% | $9.0M+35.6% | $10.1M | $6.7M-10.2% | $7.4M |
| Total Equity | $180.7M+115.8% | $83.7M+37.1% | $64.3M | $61.1M+23.1% | $49.6M |
| Retained Earnings | $45.1M-16.0% | $53.7M-3.3% | $58.1M | $55.6M+13.2% | $49.1M |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
GDHG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
GDHG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Golden Heaven Gr GDHG | FY2025 | $15.3M | -$8.6M | -56.2% | $73.8M | 40/100 |
| Mixed Martial MMA | FY2025 | $1.4M | -$26.0M | N/A | $11.8M | 15/100 |
| HWH International HWH | FY2025 | $867K | -$2.6M | N/A | $14.5M | — |
| AiRWA Inc YYAI | FY2025 | $12.8M | -$4.6M | -36.1% | $44K | 56/100 |
| Jakks Pac Inc JAKK | FY2025 | $113.3M | N/A | N/A | $281.3M | 46/100 |
| Playboy Inc PLBY | FY2025 | $120.9M | -$12.7M | -10.5% | $140.2M | 42/100 |
Where Golden Heaven Gr Ranks
Frequently Asked Questions
What is Golden Heaven Gr's annual revenue?
Golden Heaven Gr (GDHG) reported $15.3M in total revenue for fiscal year 2025. This represents a -31.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Golden Heaven Gr's revenue growing?
Golden Heaven Gr (GDHG) revenue declined by 31.5% year-over-year, from $22.3M to $15.3M in fiscal year 2025.
Is Golden Heaven Gr profitable?
No, Golden Heaven Gr (GDHG) reported a net income of -$8.6M in fiscal year 2025, with a net profit margin of -56.2%.
What is Golden Heaven Gr's EBITDA?
Golden Heaven Gr (GDHG) had EBITDA of -$3.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Golden Heaven Gr's gross margin?
Golden Heaven Gr (GDHG) had a gross margin of 50.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Golden Heaven Gr's operating margin?
Golden Heaven Gr (GDHG) had an operating margin of -44.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Golden Heaven Gr's net profit margin?
Golden Heaven Gr (GDHG) had a net profit margin of -56.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Golden Heaven Gr's return on equity (ROE)?
Golden Heaven Gr (GDHG) has a return on equity of -4.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Golden Heaven Gr's operating cash flow?
Golden Heaven Gr (GDHG) generated $19.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Golden Heaven Gr's total assets?
Golden Heaven Gr (GDHG) had $191.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Golden Heaven Gr's current ratio?
Golden Heaven Gr (GDHG) had a current ratio of 25.01 as of fiscal year 2025, which is generally considered healthy.
What is Golden Heaven Gr's debt-to-equity ratio?
Golden Heaven Gr (GDHG) had a debt-to-equity ratio of 0.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Golden Heaven Gr's return on assets (ROA)?
Golden Heaven Gr (GDHG) had a return on assets of -4.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Golden Heaven Gr's P/E ratio?
Golden Heaven Gr (GDHG) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $73.8M as of Sep 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Golden Heaven Gr's price-to-sales ratio?
Golden Heaven Gr (GDHG) trades at 4.8x sales, its market capitalization divided by revenue of $15.3M revenue, FY2025. The market capitalization is $73.8M as of Sep 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Golden Heaven Gr's Altman Z-Score?
Golden Heaven Gr (GDHG) has an Altman Z-Score of 5.05, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Golden Heaven Gr's Piotroski F-Score?
Golden Heaven Gr (GDHG) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Golden Heaven Gr's earnings high quality?
Golden Heaven Gr (GDHG) reported a net loss of $8.6M while generating $19.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Golden Heaven Gr?
Golden Heaven Gr (GDHG) scores 40 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.