InsiderClue
Stocks · Consumer discretionary · Services-Miscellaneous Amusement & Recreation

GOLDEN HEAVEN GROUP HOLDINGS LTD.

GDHG Clue Score30
Cayman Islands Fiscal year ends September CIK 0001928340
$1.12 -5.88% Close, 12 Oct 2026
Alert on the numbers Alert on insider trades
Price $1.12 −89.75% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 12 Apr 2023. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2021Revenue38.5Operating income18.7Net income13.6EPS, diluted0.14Fiscal year 2022Revenue41.8 +8.5%Operating income21.2Net income14.3 +5.5%EPS, diluted14.33Fiscal year 2022Fiscal year 2023Revenue31.8Operating income10.7Net income6.5EPS, diluted2,417.00Fiscal year 2023Fiscal year 2024Revenue22.3Operating income−0.0Net income−1.8EPS, diluted−262.73Fiscal year 2025Revenue15.3 −31.5%Operating income−6.8Net income−8.6EPS, diluted−10.83
FY2021FY2022FY2022FY2023FY2023FY2024FY2025
Revenue 38.5 41.8 n/a 31.8 n/a 22.3 15.3
Growth +8.5% −31.5%
Operating income 18.7 21.2 n/a 10.7 n/a −0.0 −6.8
Net income 13.6 14.3 n/a 6.5 n/a −1.8 −8.6
Growth +5.5%
EPS, diluted 0.14 14.33 n/a 2,417.00 n/a −262.73 −10.83

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2021Gross margin69.7%Operating margin48.6%Net margin35.3%Free cash flow margin−15.2%Fiscal year 2022Gross margin72.2%Operating margin50.7%Net margin34.3%Free cash flow margin44.4%Fiscal year 2022Fiscal year 2023Gross margin60.8%Operating margin33.7%Net margin20.6%Free cash flow margin−85.7%Fiscal year 2023Fiscal year 2024Gross margin44.8%Operating margin−0.1%Net margin−8.0%Free cash flow margin−13.8%Fiscal year 2025Gross margin50.2%Operating margin−44.5%Net margin−56.2%
FY2021FY2022FY2022FY2023FY2023FY2024FY2025
Gross margin 69.7% 72.2% n/a 60.8% n/a 44.8% 50.2%
Operating margin 48.6% 50.7% n/a 33.7% n/a −0.1% −44.5%
Net margin 35.3% 34.3% n/a 20.6% n/a −8.0% −56.2%
Free cash flow margin −15.2% 44.4% n/a −85.7% n/a −13.8% n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2021Operating cash flow−5.0Capital expenditure−0.9Free cash flow−5.9Fiscal year 2022Operating cash flow18.8Capital expenditure−0.3Free cash flow18.5Fiscal year 2022Fiscal year 2023Operating cash flow−19.3Capital expenditure−7.9Free cash flow−27.3Fiscal year 2023Fiscal year 2024Operating cash flow−3.0Capital expenditure−0.1Free cash flow−3.1Fiscal year 2025Operating cash flow19.0
FY2021FY2022FY2022FY2023FY2023FY2024FY2025
Operating cash flow −5.0 18.8 n/a −19.3 n/a −3.0 19.0
Capital expenditure −0.9 −0.3 n/a −7.9 n/a −0.1 n/a
Free cash flow −5.9 18.5 n/a −27.3 n/a −3.1 n/a
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2021Cash12.9Shareholders’ equity39.8Fiscal year 2022Cash22.4Shareholders’ equity49.6Fiscal year 2022Fiscal year 2023Cash0.2Shareholders’ equity61.1Fiscal year 2023Fiscal year 2024Cash19.8Shareholders’ equity83.7Fiscal year 2025Cash86.0Shareholders’ equity180.7
FY2021FY2022FY2022FY2023FY2023FY2024FY2025
Cash 12.9 22.4 n/a 0.2 n/a 19.8 86.0
Shareholders’ equity 39.8 49.6 n/a 61.1 n/a 83.7 180.7

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending September, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2021 30 Sep 2021 FY2022 30 Sep 2022 FY2022 31 Dec 2022 FY2023 30 Sep 2023 FY2023 31 Dec 2023 FY2024 30 Sep 2024 FY2025 30 Sep 2025
Margins
69.7% 72.2% n/a 60.8% n/a 44.8% 50.2%
48.6% 50.7% n/a 33.7% n/a −0.1% −44.5%
47.5% 49.5% n/a 33.9% n/a 1.4% −45.4%
35.3% 34.3% n/a 20.6% n/a −8.0% −56.2%
−15.2% 44.4% n/a −85.7% n/a −13.8% n/a
Spending
6.5% 9.7% n/a 15.4% n/a 28.5% 84.8%
2.4% 0.7% n/a 24.9% n/a 0.3% n/a
25.8% 30.7% n/a 39.3% n/a 656.8% n/a
Returns
34.1% 28.9% n/a 10.7% n/a −2.1% −4.8%
n/a 19.6% n/a 8.0% n/a −1.8% −4.5%
Balance and payout
n/a 32.1% n/a 25.8% n/a 15.1% 5.6%