JYP and SM Entertainment Quarter 2 financials

[AegyoInTheStreets]

Source: JYPE's official (3rd party audited) disclosure. http://kind.krx.co.kr/common/disclsviewer.do?method=search&acptno=20190814000834

revenue 39.16B won, operating profit 9.42B, net profit 6.95B

First half of this year: revenue 65.52, operating profit 15.2, net profit 13.28B
First half of last year: revenue 54.57, operating profit 9.06, net profit 7.33B



Since the numbers for JYP and YG (which we already know) are accurate in the graph of this tweet, we can also see SMs from here. Move the decimal places one step to the left for Billion Won here.

So SM: 159.6B revenue, 3.8B won operating profit, 0.6B net profit
first half of the year 290B revenue, 6.7B operating profit, negative 3B net profit.

Profit to revenue aka operating margins are horrible, partially in thanks to non music related businesses not doing well, and partially in thanks to Papa Lee Soo Man's embezzling through his shell private company "Like planning".

JYP has taken the clear profit lead with strong operating margins.

 

[Belkiss]

SM and YG

 

[Calipso]

Crazy; SM should give f(x) a proper comeback

 

[D.ana1]

Crazy how you guys still paying attention about the Big 3 while saying they're not that strong again.. in fact they still strong till make u guys keep mentioj them.
They're all doing fine, they still have money
Move on

 

[Yeddong]

JYP is coming to #1 step by step.

 

[fullofjoy]

Crazy; SM should give f(x) a proper comeback

 

[yooamygirls]

JYP does better and better each year.