1st quarter sales performance of the big 4 agencies

sales

HYBE 360.9 billion

SM 220 billion

JYP 136.5 billion

YG 87.3 billion

operating profit

HYBE 14.4 billion

SM 15.5 billion

JYP 33.6 billion

YG -7 billion

net profit

HYBE 2.9 billion

SM 12.4 billion

JYP 31.4 billion

YG 400 million

THE COMMENTS 

1. "That's the real deal with JYP."
2. (reply on comment 01) Because they only focus on necessary businesses."
3. "By the way, where is money leaking from at HYBE? Why is the net profit so low?"
4. "Isn't HYBE undervaluing their acquisitions too much???"
5. "YG is a bit extreme, isn't it...? Did they merge with actors too?"
6. (reply on comment 05)"As far as I know, they didn't separate actors, it's all included in the consolidated financial statements anyway."
7. "What's HYBE's net profit? Is it a mistake? It doesn't make sense."
8. "Because they only focus on necessary businesses."
9. "HYBE seems like it needs a tax audit to find out where the money went."
10. "JYP is really the best."
11. "HYBE, sigh."
12. "HYBE is still surprising. Does that make sense?"
13. "Where does HYBE spend its money? Is it just left with 29 billion won out of 360 billion won in revenue?"
14. "Where did HYBE's money all go?"
15. "YG should be excluded now and considered part of the big three."
16. "But why HYBE...?"
17. "As for HYBE's net profit, seeing the results broken down by labels, it seems like BigHit's American branch and IT and gaming subsidiaries are making big losses. Maybe even in the first quarter..."
18. "HYBE's net profit lol."
19. "It's ridiculous, just 29 billion won."
20. "JYP is really the best."
21. "What's wrong with YG?"
22. "What kind of companies are HYBE and YG?"
23. "How poorly do they have to manage their business?"
24. "SM and YG have many investments and subsidiaries, so it's inevitable they are in deficit, but what is HYBE doing?"
25. (replying on comment 24) "YG has been restructuring their business a lot recently... maybe they're only focusing on entertainment like JYP now. I felt the same atmosphere when JYP completely revamped the company before Bemon's debut. Recently, producers have been strengthened a lot, focusing heavily on branding..."
26. "If YG is at this level, it's an earnings shock."
27. "JYP is really the best lol."
28. "What's wrong with YG?"
29. "YG is causing a stir."
30. "It seems like they are hiding money. Unless they are doing that, how can it be like this? Maybe JYP is just honest. Is it really possible that HYBE's net profit is 29 billion? It's like Chun Doo-hwan claiming his net assets are 290,000 won."
31. "HYBE really needs investigation."
32. "HYBE smells fishy."
33. "If the net profit is low, the stock will plummet, right?"
34. (replying on comment 33)"Because there are too many companies that hide money like they spend it, reduce net profit to pay less tax, and even eat the money, seeing such an absurd number, I just doubted it, but only HYBE understands."
35. "YG has many actors, but compared to other companies, they have fewer singers in their lineup. BLACKPINK only renewed as a group, and individual activities are independent. So unless they make a comeback, the results won't be the same as before."
36. "The more you know, the stranger it seems there."
37. "HYBE is severe, right? Seriously strange."
38. "If that's the case, YG's earnings are shocking."
39. "With revenue over 300 billion won, and a net profit of 29 billion won lol. Where on earth is HYBE spending their money?"
40. "They gave 10 billion won to someone who produced a negative performance like that?... Seriously.."
41. "With a net profit like that, why the 10 billion won incentive.."
42. "What is HYBE exactly doing?"
43. "YG has been restructuring their business a lot recently... maybe they're only focusing on entertainment like JYP now. I felt the same atmosphere when JYP completely revamped the company before Bemon's debut. Recently, producers have been strengthened a lot, focusing heavily on branding..."
44. "Anyway, HYBE executives must have put all the money in their pockets."
45. "There's a reaction saying it might be a mistake, but these are already disclosed contents."
46. "Ha... we need to investigate HYBE."
47. "Ha... unbelievable. We need to investigate HYBE."
48. "What's with 29 billion?"
49. "Did HYBE spend money on PR, viral, and music?"
50. "JYP is doing a good job."
51. "SM makes a lot of investments and has many subsidiaries, but still makes good profits."
52. "What is HYBE doing?"
53. "JYP is really the best."
54. "What is HYBE doing...? Money's leaking everywhere."
55. "HYBE's in a mess lol. YG too... Is it SM and JYP after all?"
56. "With such a net profit, why give billions to someone who's in the red?"
57. "HYBE with 29 billion lol. Where did they spend it?"
58. "Smells fishy."
59. "Where did HYBE throw all their money?"
60. "Where is HYBE's money leaking to?"
61. "We really need to investigate where HYBE's money is going."
62. "Why is HYBE's net profit like that? They have several artists."
63. "JYP is the best."
64. "SM should dig into their subsidiaries more to increase profits."
65. "HYBE's net profit is really ridiculous. Even combined, it's not much different from their profit..."
66. "JYP invests well even if it's annoying sometimes. It's good to have good investments."
67. "What's HYBE...?"
68. "Isn't the problem with HYBE rather than YG...? YG's reasons are clear; no BLACKPINK activities + one team from Bemon debuting in the first quarter."
69. "HYBE's net profit is weird."
70. "Can HYBE even afford building rent?"
71. "29 billion????"
72. "What's the difference between operating profit and net profit???"
73. (replying on comment 72) "Net profit = Operating profit + Non-operating profit (financial income, etc.) - Corporate tax"
74. "Oh, JYP is really the best."
75. "YG doesn't have any profitable talents right now."
76. "SM needs to dig into their subsidiaries that are not doing anything, seriously."
77. "What's wrong with HYBE?"
78. "Why is HYBE's net profit like that?"
79. "What's HYBE's market capitalization... sigh."
80. "HYBE... YG... wow."
81. "HYBE... Let each label go independent, damn parasites sucking out their spine instead of helping."
82. "This is a deleted comment. (Deleted: 2024/05/12 04:25:55)"
83. "Who's giving money to JYP? To BTOB?"
84. (replying on comment 83 )"JYP?? TWICE, Stray Kids, ITZY, DAY6, NiziU, etc."
85. "JYP doesn't do weird businesses but seems to be the best."
86. "HYBE's so big, but they can't handle it, is it true?"
87. "Doesn't matter who sees it, HYBE looks too suspicious."
88. "29 billion lolololololololololololololololol"
89. "HYBE... lololol"
90. "Wow hahaha"
91. "With revenue over 360 billion won, why does the net profit become 29 billion?"
92. "Shouldn't we investigate HYBE?"
93. "HYBE's net profit is 29 billion................???????? JYP is the best..."
94. "JYP is steady without fluctuations, which is exemplary."
95. "Isn't that embezzlement lol money's leaking everywhere lol..."
96. "29 billion lolol they should start by cutting the management team."
97. "Who should be responsible for this really absurd management embezzlement investigation?"
98. "Isn't 29 billion clearly embezzlement? lol"
99. "JYP should invest a bit more..."
100. (replying on comment 99)"JYP is good at investing in artists... but all these ignorant people keep complaining lol."
101. "With revenue of 360.9 billion and a net profit of 29 billion... lol... aren't shareholders getting up in arms about this?"
102. "JYP's cost-effectiveness is crazy lol."
103. "I don't even want to raise JYP up anymore. Invest a bit as much as you earn... instead of just drying out the fans."
104. "Well, at least JYP doesn't seem to do as many shady things as HYBE lol. They haven't even had a Stray Kids comeback."
105. "JYP is really the best."
106. "Do HYBE shareholders just sit idly by watching this?"
107. "YG is serious too."
108. "Not HYBE, but HIGH-29."
109. "Even securities analysts are extreme. Did they recommend investing even after seeing that net profit?"
110. "If only JYP had invested a bit more in song quality..."
111. "HYBE, sigh."
112. "JYP really needs to do some promotion. Just touring and occasionally releasing albums without promoting the songs... I'm seriously annoyed when I see that operating profit."
113. "At this rate, won't they forget all the money BTS earned lol? 29 billion in net profit is too suspicious. Let's get some auditors in."
114. "What the heck is going on with HYBE's net profit?"
115. "YG couldn't even make a profit despite having TREASURE on tour in the first quarter. They must not be making much. Also, Bemon actually debuted last November, so it's not like they incurred new launch costs?"
116. (replying on comment 115)"If they can make that much profit just with one group, then they're doing well. How much are they spending on business expenses? Other companies have several teams per label, but YG is almost like it's shrinking because they have hardly any artists."
117. "Seriously, what's with JYP lol."
118. "Considering JYP's leadership style, it seems almost certain that they don't engage in music manipulation and probably save money by only doing basic promotions. Nowadays, when you occasionally see the amount of money they throw into promoting a song, it makes you wonder."
119. "It seems like JYP makes less investment in viral marketing, which might contribute to their net profit."
120. "JYP's building construction and re-signing costs aren't insignificant, right? There's no point in talking about being profitable right now."
121. "JYP is 3rd in revenue but 1st in profit."
122. "JYP might not know about other things, but they should hire more staff... Seriously, they go through people like crazy, but looking at that, it's really..."
123. "JYP has a lot of money, but they should bring in some good songs...

ORIGINAL POST HERE