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YG's stock price went down even after the debut of Black Pink?

By jubilantj   Thursday, August 11, 2016   157,394   20,039   309
Big-Bang,ikon,black-pink

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Despite the debut of Black Pink, its first new girl group in over seven years, YG's stock price has suffered a decline. 


Though the label's sales and operating income saw a rise compared to the previous year (YoY), the drastic decline in net profits is speculated to be the reason for the deflated stock price. 


YG's total revenues was a whopping 77.22 billion KRW (~$70.3 million USD) in the recently closed second quarter, a 70.7% rise from last year, and its total operating income was recorded to be 6.8 billion KRW (~$6.2 million USD), a 33.1% rise from the prior year. These distended numbers are mostly attributed to the promotions and activities of Big Bang and iKON, both of whom raked in millions for the company with tours, fan meets, and concerts. 


Unfortunately, YG's net profits and stock price tell an entirely different tale. Compared to last year, the label's profits dropped 43%, recording a net of 6.6 billion KRW (~$6 million USD) for the second quarter (Q2). 


SEE ALSO: Big Bang's dance practice video for 'Bang Bang Bang' hits 50 million views!


This drop in profits inevitably had a negative impact on YG's stock price, which closed at 34,100 KRW (~$31 USD) per share on August 11, after depreciating 3.67%. One year ago on August 11, 2015, YG's stock price closed at 57,225 KRW (~$52 USD) per share. Besides the financial results, THAAD may be having a negative impact for investors as well.


It's hard to say just yet if Black Pink had any direct impact on YG's stock price as the girls recently debuted. We'll simply have to wait until the end of the fiscal year and for more promotions from YG's hyped-up new girl group. 

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Tags:

  1. Big Bang
  2. iKON
  3. Black Pink
  4. yg


potatonumber1 Saturday, August 13, 2016

ofc it will, this time last year Mino was taking the world by storm, and now we have shit

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federick Friday, August 12, 2016

so?

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JENNIEkIM Friday, August 12, 2016

it hasn't been a week yet. you gotta chill- i mean what are you trying to do?

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kpopmonsteryong Friday, August 12, 2016

LOL. what is Allkpop trying to do??? it's just 3 days after their debut, you expect them to rake in MILLIONS?????? Not even Michael Jackson or Taylor Swift did that. This is stupid news. How about SM and JYP then? And Starship? wth.

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bitchyfangirl kpopmonsteryong Friday, August 12, 2016

Not sure how well-versed you are with stocks... but in most cases, a major announcement such as launching a new girl group will give a positive impact in the stock market; it usually raises stock price no matter if they have made money or not.

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biancakeynes kpopmonsteryong Friday, August 12, 2016

Stock and income are two different things. Just like when some EXO members and Jessica left their groups, SM's stock dropped. Idk how exactly companies stock works, think of it like people who do business on Wall Street (New York) Stock Market. That's what it is.

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biancakeynes kpopmonsteryong Friday, August 12, 2016

oh btw, this is an article to let you know that YG's stock dropped [since Black Pink's debut]. There's nothing AKP can do or trying to do, it's only an information. Not even their artist, or YG can do much about it.

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mashivip4life kpopmonsteryong Friday, August 12, 2016

i can't speak for mj since that was so long ago but taylor swift didn't come from a label that guaranteed her success as soon as she would debut and hyped her up before her debut. the american music industry isn't all about which agency an artist comes from and her success was built over time so that's a stupid comparison, and you also don't know the difference between income and stocks.

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Withtheshadows Friday, August 12, 2016

*Quietly transferring the YG troll title to AKP*

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lennyface4lyfe Friday, August 12, 2016

blackpink=snakes lol trying to steal the title of queen from 2ne1 even if 2ne1 lost a member they are still better then pukepunk or whatever there names are

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yanglin870 lennyface4lyfe Friday, August 12, 2016

Good to know you think of 2ne1 so highly but u should respect the fact that these girls worked their butt off for so many years not knowing if they will debut or not. They didn't steal anything from anyone. In fact they earned their debut. And yes, 2ne1 are queens, they always will be no matter what and no one can replace them like no one can replace yourself. Now if you really are a Blackjack you should know that already.

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LovelyBabyz lennyface4lyfe Friday, August 12, 2016

lol 2ne1 died long ago just like bom's face

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lye54 yanglin870 Friday, August 12, 2016

Queens of what? Please explain to me the crazy obsessions of fan arounf 2ne1? They are queen of what? I have seen girl group being as popular as 2ne1. Girl Generation, FX etc. Why is everybody always feel the need to compare oranges and apples? You can't because everyone is different. Nobody is stealing shit from anybody!!!

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Tien_YG_BABAY lennyface4lyfe Friday, August 12, 2016

Hey they don't try to steal it. Bi+ch you got problem? 2NE1 always the queen, alway. BLACKPINK is just a new girl group, a member said BLACKPINK is following 2NE1 footstep to become like them. You need to think again be for you speak

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syxhmi  LovelyBabyz Friday, August 12, 2016

lmao ur mindset's dead long ago just like a bitch choice to fuck some fuckboyzzz

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lennyface4lyfe syxhmi Friday, August 12, 2016

lol 2ne1 is gonna disband this year snakes pukepunk is taking their place

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lennyface4lyfe lye54 Friday, August 12, 2016

and you idiot punkepunk and 2ne1 have the same concept except pukepunk is far watered down and it sounds horribl your stans are trash

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Idontgiveafvck lye54 Friday, August 12, 2016

WTF every fandom has the right to claim their idols a queen/king.. Its subjective. Its kpop dude everyone claims their idols are queens/kings. To be clear i'm not siding anyone and I don't think she's/he's a blackjack.

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yanglin870 lye54 Friday, August 12, 2016

They are the QUEENS of KPOP beacuse they are the ones who broke records and helped make kpop as big as it is today. And can you name the girl groups that are as popular as 2NE1 and SNSD? As far as I know when these two girl groups make comebacks, they win charts, sales and everything against your so called "popular girl groups".

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lennyface4lyfe yanglin870 Friday, August 12, 2016

pukepunk has been out for 4 days honey calm down also Missa A and 2ne1 has all those records they have when they debuted so guess what honey THEY ARENT ANY SPECIALL LOL

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lennyface4lyfe Idontgiveafvck Friday, August 12, 2016

QUEEN/KING IS AN OBJECTIVE TURN HONEY ARE YOU DUMB LOLxD I GUESS YOUR JUST LIKE YOUR FAVE DUMB TRASH

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yanglin870 lennyface4lyfe Friday, August 12, 2016

it's okay you can believe whatever you want since they are all nonsense anyway. And don't call me honey, lennyface!

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LovelyBabyz syxhmi Friday, August 12, 2016

keep acting like you know me! xoxoxo

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lennyface4lyfe yanglin870 Friday, August 12, 2016

dont worry i wont call you"honey" ill call you trash like your stans pukepunk

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lennyface4lyfe  LovelyBabyz Friday, August 12, 2016

oh im sorry i replied to you a little late i was too busy having a life unlike you it seems no lives it seems all the pukepunk fans are lame get a life

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lennyface4lyfe  LovelyBabyz Friday, August 12, 2016

and i wouldnt want to know your ass lol

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LovelyBabyz lennyface4lyfe Friday, August 12, 2016

never said i was a fan of them. stay salty

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lennyface4lyfe  LovelyBabyz Friday, August 12, 2016

not salty just real honey i suggest you try reality some time

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lye54 lennyface4lyfe Friday, August 12, 2016

First of all bitch I am not your friend and I am not a miserable human being like you who obssess in front of those fabricated Idols. Second of all 2ne1 are dead honey get a clue. They are not coming back. Get a life!!!

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lennyface4lyfe lye54 Friday, August 12, 2016

dont call me honey trash also who do i obsssess over all i did was state my opnion and all you crazys came it seems you are the one obessing over me trash :)

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LovelyBabyz lennyface4lyfe Friday, August 12, 2016

stay mad cuntyface4lyfe! fighting~

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lennyface4lyfe  LovelyBabyz Saturday, August 13, 2016

awh thank you you took time out of YOUR life to revamp my username do you know if their is a way to change my username? i wouldn tchange it to cuntyface4lyfe as it is soo passe and really a 10 year old could have come up with somethign more creative

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Idontgiveafvck lennyface4lyfe Saturday, August 13, 2016

Aaaw its cute.. I'm surprised it turns out you have a brain. You should always use that little peanut inside your head. Lol you can always use that.. it's not like it's seasonal. "dont call me honey trash"

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lye54 lennyface4lyfe Saturday, August 13, 2016

No honey you are the one who cannot take other opinion without disrespected them. Who are you that i will obssess over honey? You are a nobody that is the reason why you are responding to every comments made here. Again Get a life

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wkzn Thursday, August 11, 2016

lol AKP are snakeeee lol YG still have higher stock value than SM and JYP ..... why they trying to give yg a bad image smh...

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lee_myung wkzn Friday, August 12, 2016

Higher than JYP ..yes but it's not higher than SM and u can check numbers

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whosewhose lee_myung Friday, August 12, 2016

Incorrect, YGE does have "higher stock value" than SM. SM has a higher "market capitalization" than YG because SM has more stocks than YGE.

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lee_myung whosewhose Friday, August 12, 2016

Are u sure ??? Anyway YG is dropping down

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L_catzzz lee_myung Saturday, August 20, 2016

Well since oftenly the stock's price is at or near the value and this article did mentioned about stock price, so yes, YG is higher than SM. Even as of now, YG stock price is at 33,550 KRW while SM is 28,600 KRW. *PS: SM is dropping down too.

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reepz Thursday, August 11, 2016

Lol this is so stupid, all big 3 companies stock fell due to THAD, nothing do to with blackpink

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Kabo_desu Thursday, August 11, 2016

WHISTLE MV is now  8, 019, 506 millions view!

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lennyface4lyfe Thursday, August 11, 2016

man blackjacks are going to be mad when 2ne1 disband this year

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lennyface4lyfe Friday, August 12, 2016

obviously because the flop group "blackpink" are taking their places we all know yg doesnt care for its girlgroups lol "blackpinks" name should be "pukepunk" it fits them better

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Tien_YG_BABAY lennyface4lyfe Friday, August 12, 2016

AH F OFF

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sweetpumpkin lennyface4lyfe Friday, August 12, 2016

Please dont jinx,,i gonna slap yg 1000xxxx,,where's the hell is 2ne1 summer album,,,do i need to replay my Crush album a 1000xxxx too till yg release 2ne1 comeback

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