YH Entertainment Group

YH Entertainment Group

HHKEX:2306
1.83
HKD
+0.02
(+0.83%)
2.02BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.72
1.04
1.46
1.13
0.92
0.9
1.09
- -
Basic EPS, GAAP
0.13
0.33
0.38
1.98
-0.17
0.06
0.08
- -
Free Cash Flow per Basic Share
0.16
0.48
0.56
-0.01
0.12
0.1
0.13
- -
Dividend per Share
- -
0.23
- -
0.23
- -
- -
- -
- -
Book Value per Share
0.52
-0.02
0.36
-0.14
1.56
1.67
1.71
1.71
Tangible Book Value per Share
0.51
-0.03
0.35
-0.14
1.56
1.64
1.71
1.71
Basic Weighted Avg Shares
883
883
883
870
820
846
830
829
Sales/Revenue/Turnover
631
922
1,290
980
756
765
907
- -
Operating Margin (%)
34.89
46.07
39.81
21.35
3.26
2.95
9.03
- -
Depreciation Expense
40
11
14
14
16
34
42
- -
Net Income, GAAP
119
291
337
1,724
-141
47
64
- -
Effective Tax Rate (%)
29.49
25.63
27.27
3.7
- -
36.91
25.21
- -
Profit Margin (%)
18.85
31.6
26.09
175.92
-18.64
6.14
7.07
- -
Working Capital
374
487
683
528
807
685
645
645
LT Debt
78
79
5
72
256
92
1
1
Total Equity
455
-13
320
-117
1,323
1,395
1,422
1,422
Return on Invested Capital (%)
- -
79.61
114.11
81.73
- -
2.14
4.06
- -
Return on Capital (%)
- -
94.07
159.3
983.96
- -
3.61
3.86
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
3.46
4.59
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
72
64
61
LT Borrowings
91
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
835
809
821
Market Capitalization
494
2,259
1,814

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
1,240
1,139
1,216
Cash, Cash Equivalents & STI
1,067
975
1,014
Accounts Receivable, Net
72
68
108
Inventories
7
8
25
Total Current Liabilities
555
489
571
Payables & Accruals
- -
- -
- -
ST Debt
72
64
61
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-767.17%
1.95%
Free Cash Flow
- -
-455.93%
31.73%
Net Income, GAAP
- -
44.59%
36.7%
Sales/Revenue/Turnover
- -
2.56%
18.63%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
756
2024
- -
- -
765
2025
- -
- -
907

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.17
2024
- -
- -
0.06
2025
- -
- -
0.08

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Hua Du
Full Time Employees
231
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Dongxu International Center, Building 2 Beijing BJ China 100071
IPO Date
Jan 19, 2023
Business
YH Entertainment Group (2306.HK), an investment holding company incorporated in the Cayman Islands, operates as a leading artist management company primarily in Mainland China and South Korea; it provides full lifecycle artist management services encompassing training, operation, and promotion, including commercial activities such as endorsement deals, business promotion events, and performances, as well as entertainment content services like roles in movies, drama series, and variety programs; music intellectual property production and operation, involving licensing to streaming platforms like NetEase Cloud Music and Tencent Music, and sales of digital and physical copies from a library exceeding 1,300 works; and pan-entertainment business featuring commercial development of virtual artists including the A-SOUL project, variety program format licensing, and artist-related merchandise sales via YH SPACE. Founded in 2009 and headquartered in Beijing, China, the company manages over 70 artists and 50 trainees, targets domestic and international brands, content producers, media platforms, and music providers, and maintains subsidiaries like Yuehua Korea for music production and YH Entertainment USA established in 2023 for North American expansion, with music distributed globally on platforms such as Apple Music, Spotify, YouTube, and KKBox. Recent developments include the April 2024 acquisition of assets related to the A-SOUL virtual artist project by wholly-owned subsidiary Yuehua Limited, followed by a business cooperation agreement with Nice Future for its exclusive operation to leverage expertise in virtual artists; release of multiple digital singles and albums in 2024; the August 2024 Yuehua Family Concert in Shanghai and individual artist tours; artist training center operational since late 2024; and a December 2024 subscription for HK$102 million in fund Class B shares to diversify investments and enhance profitability.