Songcheng Performance Development Co.,Ltd

Songcheng Performance Development Co.,Ltd

300144.SZ
Songcheng Performance Development Co.,LtdCN flagShenzhen Stock Exchange
6.63
CNY
-0.09
- -
17.40BMarket Cap
Songcheng Performance Development Co.,Ltd
300144.SZ
(Shenzhen Stock Exchange)

Recent

price

6.65

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.24
0.21
0.24
0.28
0.39
0.67
1.01
1.15
1.23
1
0.35
0.45
0.18
0.74
0.92
0.86
0.56
Revenue per Share
0.09
0.09
0.11
0.13
0.15
0.25
0.34
0.41
0.49
0.51
-0.67
0.12
-0.02
-0.04
0.4
0.31
0.16
Basic EPS, GAAP
0.11
-0.15
-0.04
-0.07
0.03
0.27
0.13
0.47
0.38
0.29
-0.24
0.02
0.03
0.39
0.43
0.49
-0.07
Free Cash Flow per Basic Share
0.03
0.03
0.04
0.04
0.02
0.04
0.05
0.06
0.07
0.07
0.11
0.06
0.06
0.05
0.1
0.2
0.2
Dividend per Share
0.21
0.31
0.45
0.53
0.65
1.18
1.43
1.75
2.15
2.54
2.2
2.3
2.22
2.09
2.34
2.42
2.49
Book Value per Share
1.23
0.96
0.93
1.03
1.15
1.03
1.21
1.35
2.26
3.2
2.23
2.39
2.59
2.51
2.86
2.99
2.76
Tangible Book Value per Share
1,863
2,407
2,417
2,430
2,408
2,522
2,620
2,632
2,615
2,615
2,615
2,615
2,609
2,617
2,616
2,621
2,620
Basic Weighted Avg Shares
445
505
586
679
935
1,695
2,644
3,024
3,211
2,612
903
1,185
458
1,926
2,417
2,258
1,478
Sales/Revenue/Turnover
56.79
53.15
48.79
52.45
48.58
48.7
43.49
44.58
48.02
55.54
20.31
18.9
-48.34
51.34
52.27
45.86
39.26
Operating Margin (%)
53
58
95
112
148
163
180
194
214
228
258
327
326
306
312
307
- -
Depreciation Expense
163
222
257
308
361
631
902
1,068
1,287
1,340
-1,752
315
-48
-110
1,049
818
429
Net Income, GAAP
25.07
25.28
24.85
26.22
25.78
21.78
20.98
17.58
17.17
16.27
- -
12
- -
351.25
17.46
20.02
26.73
Effective Tax Rate (%)
36.73
44.04
43.77
45.44
38.62
37.21
34.12
35.31
40.08
51.3
-194.15
26.6
-10.43
-5.71
43.39
36.22
29.01
Profit Margin (%)
2,161
1,728
1,270
905
715
1,077
1,238
1,047
1,687
2,156
1,193
1,260
1,762
2,659
3,486
3,794
3,287
Working Capital
232
70
30
- -
- -
600
400
- -
- -
- -
673
642
347
413
358
282
136
LT Debt
2,533
2,704
2,932
3,182
3,499
5,714
6,561
7,478
10,101
9,882
7,735
7,955
7,771
7,537
8,411
8,751
8,144
Total Equity
10.53
6.83
7.2
8.39
9.96
13.06
13.6
15.06
14.27
12.1
- -
2.3
- -
-30.15
12.3
9.16
4.84
Return on Invested Capital (%)
26.1
27.14
24.5
24.19
23.82
23.42
22.69
23.24
22.02
19.13
- -
5.17
- -
-2.82
15.92
11.52
6.15
Return on Capital (%)
53.32
39.11
27.98
25.92
25.22
27.72
26.86
25.58
25.16
21.86
-28.32
5.36
-0.81
-1.95
18.1
13.13
6.66
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
98
80
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
282
136
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
2,625
2,625
Market Capitalization
22,949
21,456
20,380

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
4,635
3,986
Cash, Cash Equivalents & STI
- -
4,560
3,912
Accounts Receivable, Net
- -
4
4
Inventories
- -
7
7
Total Current Liabilities
- -
840
699
Payables & Accruals
- -
- -
- -
ST Debt
- -
98
80
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.31%
2.63%
4.04%
Free Cash Flow
104.55%
210.37%
14.35%
Net Income, GAAP
-132.39%
-235.83%
-22.03%
Sales/Revenue/Turnover
30.2%
61.91%
-6.61%
Total Cash Common Dividend
27.3%
26.39%
97.79%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
560
618
836
404
2,417
2025
564
519
- -
425
2,258
2026
534
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
- -
- -
- -
0.4
2025
0.09
- -
- -
- -
0.31
2026
0.08
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.1
2025
- -
- -
- -
- -
0.2
2026
- -
- -
- -
- -
- -
Business
Songcheng Performance Development Co., Ltd Songcheng Performance Development Co., Ltd engages principally in live entertainment performances and tourism services in China. The company produces and stages large-scale cultural shows under the Songcheng and Romance Show Series brands, including titles such as Eternal Love and regional variants like Xi'an Eternal Sorrow; operates theme parks, performance parks, and tourism resorts; offers leisure tourism, hotels, catering, and merchandise; and provides ancillary services encompassing online ticket sales, light-asset exports, tourism planning and design, artistic creation, scenic spot construction, performance brokerage, technology development for entertainment products, cultural exchange activities, and investment management in leisure industries. Founded in 1994 and headquartered in Hangzhou, Zhejiang Province, it primarily serves domestic tourist markets across multiple provinces through over 40 performance venues and maintains operations focused on integrating Chinese cultural storytelling with advanced stage technologies such as 3D effects and augmented reality. In late 2025, Songcheng Performance Development announces plans to acquire 100% equity of Hangzhou Songcheng Industry from controlling shareholder Songcheng Group for RMB 9.63 billion in cash, positioning the target as a wholly-owned subsidiary upon shareholder approval; earlier, Jinyan Songyun Enterprise Management Partnership completes acquisition of a 5.01% stake in the company.