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JYP records high operating income for Q2 and boasts higher rate of return than SM or YG

By jubilantj   Tuesday, August 16, 2016   55,942   7,064   158
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JYP Entertainment recorded an all-time high in profits for the second quarter. 


SEE ALSO: SM Entertainment once again tops 'Best Korean Brands' in Entertainment


Money Today reported on August 16 that JYP's operating income for Q2 spiked up 370.6% as compared to the year before, recording a total of 3.82 billion KRW (~$3.5 million USD). The company's sales also saw a boost compared to last year, increasing 52.7% to 17.94 billion KRW (~$16.4 million USD). 

Further, the company's cumulative operating income for the first half of the fiscal year was recorded to be 4.5 billion KRW (~$4.1 million USD), a slight increase from the previous year's 4.2 billion KRW (~$3.8 million USD). JYP's total sales so far for the current fiscal year is 28.9 billion KRW (~$26.4 million USD). 

The good news for JYP and the company's investors don't end there. For the recently closed Q2, the label recorded the highest rate of return among the 'Big Three' entertainment agencies. JYP's 21.2% rate of return is well over double that of YG's 8.7% return, and with news of SM's deficit for the quarter, JYP is the company investors are keeping main tabs on. 


A JYP rep stated that the label's flagship K-Pop acts such as 2PM and miss A, along with the young groups such as GOT7 and TWICE are the main sources of JYP's rising income. 


With JYP's record high income for the second quarter in 2016, it's expected that the investors will re-evaluate the company's market cap which has been undervalued compared to SM and YG. 

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    Tags:

    1. misc.
    2. jyp
    3. sm
    4. yg


    Manami_chan Wednesday, August 17, 2016

    I don't really understand those numbers but Congrats JYPE!

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    Lation99 Manami_chan Thursday, December 15, 2016

    JYP power!!!

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    BoBo101 Wednesday, August 17, 2016

    I' not a Twice fangirl, but I've gotta admit, most of the income is coming from them XD

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    Manami_chan BoBo101 Wednesday, August 17, 2016

    more like 2PM > Twice

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    BoBo101 Manami_chan Thursday, August 18, 2016

    Maybe in the past... But this was all Twice's year, they barely have any competition so it's no surprise.

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    Lost_in_Paradise Wednesday, August 17, 2016

    WOOHOO

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    Slayurfaves Wednesday, August 17, 2016

    I think this article is not really accurate based on a thread from onehally about sales, income and profit it was YG>>>JYP>SM







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    Slayurfaves Wednesday, August 17, 2016

    profit in terms of percentage of sales 2016 FIRST HALF YG sales 150 billion won, rate of return 8.7% = 13.05 billion won JYP sales 28.9 billion won, rate of return 21.2% = 6.12 billion won SM sales 167 billion won, deficit JYP is less than one fifth the size of YG/SM 2016 FIRST HALF

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    megamanx Slayurfaves Wednesday, August 17, 2016

    HOw it is not accurate? It's about RATE OF RETURN - read the title.

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    Slayurfaves megamanx Wednesday, August 17, 2016

    yeah I read it but it doesn't change the fact that YG does better profit in terms of percentage of sales 13.05 billion won (yg) vs 6.12 billion won (jyp)

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    megamanx Slayurfaves Wednesday, August 17, 2016

    And no one is arguing about revenue or profit, just the rate of return - which is what investors care about post. Dividends and which stock will give them the most money back in investment.

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    Luna_Regina Wednesday, August 17, 2016

    Wait, this article just said flagship groups 2PM and missA...really? missA hasn't had a comeback in over a year. The flagship girl group is and always has been Wonder Girls. After them, Twice will take over the position.

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    Luna_Regina Wednesday, August 17, 2016

    Not to mention missA recently lost a member and there have been no talks of a comeback from them.

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    parkkkkwp Luna_Regina Wednesday, August 17, 2016

    this is for quarter second that's why wonder girls is not mention, regarding missA probably because suzy and fei's work

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    Luna_Regina parkkkkwp Wednesday, August 17, 2016

    Yes, I get that, but missA is not JYP's "flagship" girl group. That title belongs to the Wonder Girls. They debuted before missA and have been much more successful throughout their career. That's the definition of a flagship group.

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    Got7_Red_Velvet Wednesday, August 17, 2016

    YES! Proud JYP Stan here! 2016 is JYP year! #JYPNATIONFOREVER

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    june Wednesday, August 17, 2016

    just hoping for missA return even as a trio..

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    most_like Wednesday, August 17, 2016

    he is a good-hearted man. he made unnie's shit up so successful



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    Luna_Regina most_like Wednesday, August 17, 2016

    lol, shit up. I think you meant Shut Up. xD

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    federick Wednesday, August 17, 2016

    Year of JYP.

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    Lost_in_Paradise federick Wednesday, August 17, 2016

    Preach man.

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    rrodriguez0309 Tuesday, August 16, 2016

    WONDER GIRLS. TWICE. GOT7. 2PM. BAEK AH YEON. !!! their money makers!

     3
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    rrodriguez0309 Tuesday, August 16, 2016

    SUZY!!!

     2
     0Reply Report Share
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