View ValuationSongcheng Performance DevelopmentLtd 将来の成長Future 基準チェック /16Songcheng Performance DevelopmentLtd利益と収益がそれぞれ年間11.7%と6.9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に11.3% 11.5%なると予測されています。主要情報11.7%収益成長率11.49%EPS成長率Hospitality 収益成長17.7%収益成長率6.9%将来の株主資本利益率11.34%アナリストカバレッジGood最終更新日18 May 2026今後の成長に関する最新情報Major Estimate Revision • Apr 30Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥2.59b to CN¥2.42b. EPS estimate also fell from CN¥0.405 per share to CN¥0.352 per share. Net income forecast to grow 22% next year vs 22% growth forecast for Hospitality industry in China. Consensus price target down from CN¥9.40 to CN¥8.90. Share price was steady at CN¥7.70 over the past week.Price Target Changed • Apr 24Price target decreased by 7.5% to CN¥8.94Down from CN¥9.67, the current price target is an average from 7 analysts. New target price is 14% above last closing price of CN¥7.84. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.31 last year.Major Estimate Revision • Nov 03Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.55b to CN¥2.33b. EPS estimate also fell from CN¥0.427 per share to CN¥0.343 per share. Net income forecast to grow 41% next year vs 39% growth forecast for Hospitality industry in China. Consensus price target broadly unchanged at CN¥10.17. Share price was steady at CN¥8.07 over the past week.Major Estimate Revision • Sep 02Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.63b to CN¥2.36b. EPS estimate fell from CN¥0.449 to CN¥0.345 per share. Net income forecast to grow 22% next year vs 28% growth forecast for Hospitality industry in China. Consensus price target down from CN¥10.76 to CN¥10.40. Share price fell 2.5% to CN¥8.83 over the past week.Major Estimate Revision • May 01Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.78b to CN¥2.62b. EPS estimate also fell from CN¥0.491 per share to CN¥0.43 per share. Net income forecast to grow 16% next year vs 32% growth forecast for Hospitality industry in China. Consensus price target down from CN¥11.58 to CN¥11.20. Share price fell 5.0% to CN¥9.35 over the past week.Price Target Changed • Sep 12Price target decreased by 9.1% to CN¥11.26Down from CN¥12.38, the current price target is an average from 9 analysts. New target price is 53% above last closing price of CN¥7.36. Stock is down 42% over the past year. The company is forecast to post earnings per share of CN¥0.45 next year compared to a net loss per share of CN¥0.042 last year.すべての更新を表示Recent updatesMajor Estimate Revision • Apr 30Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥2.59b to CN¥2.42b. EPS estimate also fell from CN¥0.405 per share to CN¥0.352 per share. Net income forecast to grow 22% next year vs 22% growth forecast for Hospitality industry in China. Consensus price target down from CN¥9.40 to CN¥8.90. Share price was steady at CN¥7.70 over the past week.お知らせ • Apr 24Songcheng Performance Development Co.,Ltd, Annual General Meeting, May 18, 2026Songcheng Performance Development Co.,Ltd, Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: No. 148, Zhijiang Road, Hangzhou, Zhejiang ChinaPrice Target Changed • Apr 24Price target decreased by 7.5% to CN¥8.94Down from CN¥9.67, the current price target is an average from 7 analysts. New target price is 14% above last closing price of CN¥7.84. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.31 last year.Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: CN¥0.081 (vs CN¥0.094 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.081 (down from CN¥0.094 in 1Q 2025). Revenue: CN¥534.2m (down 4.8% from 1Q 2025). Net income: CN¥211.4m (down 14% from 1Q 2025). Profit margin: 40% (down from 44% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Mar 31Songcheng Performance Development Co.,Ltd to Report Q1, 2026 Results on Apr 24, 2026Songcheng Performance Development Co.,Ltd announced that they will report Q1, 2026 results on Apr 24, 2026お知らせ • Dec 31Songcheng Performance Development Co.,Ltd to Report Fiscal Year 2025 Results on Apr 24, 2026Songcheng Performance Development Co.,Ltd announced that they will report fiscal year 2025 results on Apr 24, 2026お知らせ • Dec 10Songcheng Performance Development Co.,Ltd (SZSE:300144) announces an Equity Buyback for CNY 200 million worth of its shares.Songcheng Performance Development Co.,Ltd (SZSE:300144) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at no more than CNY 12 per share. The purpose of the program is to reduce the share capital by cancelling the repurchased shares. The program will be funded from company's own funds. The program is subject to approval from shareholders. The program will be valid for 12 months from the shareholders' approval.Major Estimate Revision • Nov 03Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.55b to CN¥2.33b. EPS estimate also fell from CN¥0.427 per share to CN¥0.343 per share. Net income forecast to grow 41% next year vs 39% growth forecast for Hospitality industry in China. Consensus price target broadly unchanged at CN¥10.17. Share price was steady at CN¥8.07 over the past week.Reported Earnings • Oct 28Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: CN¥0.14 (down from CN¥0.17 in 3Q 2024). Revenue: CN¥752.9m (down 9.9% from 3Q 2024). Net income: CN¥354.1m (down 23% from 3Q 2024). Profit margin: 47% (down from 55% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 6.7%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Sep 30Songcheng Performance Development Co.,Ltd to Report Q3, 2025 Results on Oct 28, 2025Songcheng Performance Development Co.,Ltd announced that they will report Q3, 2025 results on Oct 28, 2025Major Estimate Revision • Sep 02Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.63b to CN¥2.36b. EPS estimate fell from CN¥0.449 to CN¥0.345 per share. Net income forecast to grow 22% next year vs 28% growth forecast for Hospitality industry in China. Consensus price target down from CN¥10.76 to CN¥10.40. Share price fell 2.5% to CN¥8.83 over the past week.Reported Earnings • Aug 28Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: CN¥0.058 (down from CN¥0.11 in 2Q 2024). Revenue: CN¥518.6m (down 16% from 2Q 2024). Net income: CN¥153.4m (down 49% from 2Q 2024). Profit margin: 30% (down from 48% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 45%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Aug 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to CN¥8.68. The fair value is estimated to be CN¥10.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 88%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 30% in the next 2 years.Buy Or Sell Opportunity • Jul 25Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.8% to CN¥8.74. The fair value is estimated to be CN¥10.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 88%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 30% in the next 2 years.お知らせ • Jul 02Songcheng Performance Development Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025Songcheng Performance Development Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025Buy Or Sell Opportunity • Jun 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.5% to CN¥8.78. The fair value is estimated to be CN¥11.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 88%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 30% in the next 2 years.お知らせ • May 22Songcheng Performance Development Co.,Ltd Approves Cash Dividend for 2024Songcheng Performance Development Co.,Ltd in its Annual General Meeting of 2024 held on 20 May 2025 approved Cash dividend/10 shares (tax included): CNY 2.00000000.Buy Or Sell Opportunity • May 22Now 20% undervaluedOver the last 90 days, the stock has risen 1.6% to CN¥8.99. The fair value is estimated to be CN¥11.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 88%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.Major Estimate Revision • May 01Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.78b to CN¥2.62b. EPS estimate also fell from CN¥0.491 per share to CN¥0.43 per share. Net income forecast to grow 16% next year vs 32% growth forecast for Hospitality industry in China. Consensus price target down from CN¥11.58 to CN¥11.20. Share price fell 5.0% to CN¥9.35 over the past week.Reported Earnings • Apr 26Third quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.18 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.18 in 3Q 2023). Revenue: CN¥836.0m (down 4.7% from 3Q 2023). Net income: CN¥457.4m (down 5.5% from 3Q 2023). Profit margin: 55% (in line with 3Q 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 4 years, compared to a 11% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Apr 25Songcheng Performance Development Co.,Ltd, Annual General Meeting, May 20, 2025Songcheng Performance Development Co.,Ltd, Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang Chinaお知らせ • Mar 31Songcheng Performance Development Co.,Ltd to Report Q1, 2025 Results on Apr 25, 2025Songcheng Performance Development Co.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025分析記事 • Mar 10Are Investors Undervaluing Songcheng Performance Development Co.,Ltd (SZSE:300144) By 29%?Key Insights Using the 2 Stage Free Cash Flow to Equity, Songcheng Performance DevelopmentLtd fair value estimate is...分析記事 • Feb 24Should You Think About Buying Songcheng Performance Development Co.,Ltd (SZSE:300144) Now?While Songcheng Performance Development Co.,Ltd ( SZSE:300144 ) might not have the largest market cap around , it...分析記事 • Feb 10Is Songcheng Performance DevelopmentLtd (SZSE:300144) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Jan 08Songcheng Performance DevelopmentLtd (SZSE:300144) Has Some Way To Go To Become A Multi-BaggerFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...お知らせ • Dec 31Songcheng Performance Development Co.,Ltd to Report Fiscal Year 2024 Results on Apr 25, 2025Songcheng Performance Development Co.,Ltd announced that they will report fiscal year 2024 results on Apr 25, 2025分析記事 • Dec 26Subdued Growth No Barrier To Songcheng Performance Development Co.,Ltd's (SZSE:300144) PriceWith a price-to-sales (or "P/S") ratio of 10.8x Songcheng Performance Development Co.,Ltd ( SZSE:300144 ) may be...分析記事 • Nov 29Songcheng Performance Development Co.,Ltd (SZSE:300144) Shares Could Be 34% Below Their Intrinsic Value EstimateKey Insights Songcheng Performance DevelopmentLtd's estimated fair value is CN¥14.39 based on 2 Stage Free Cash Flow to...分析記事 • Nov 02There May Be Reason For Hope In Songcheng Performance DevelopmentLtd's (SZSE:300144) Disappointing EarningsShareholders appeared unconcerned with Songcheng Performance Development Co.,Ltd's ( SZSE:300144 ) lackluster earnings...Reported Earnings • Oct 25Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.18 in 3Q 2023). Revenue: CN¥836.0m (down 4.7% from 3Q 2023). Net income: CN¥457.4m (down 5.5% from 3Q 2023). Profit margin: 55% (in line with 3Q 2023). Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) exceeded analyst estimates by 6.6%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.分析記事 • Oct 09Investors Met With Slowing Returns on Capital At Songcheng Performance DevelopmentLtd (SZSE:300144)What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (190% payout ratio). Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.8% net profit margin).お知らせ • Sep 30Songcheng Performance Development Co.,Ltd to Report Q3, 2024 Results on Oct 25, 2024Songcheng Performance Development Co.,Ltd announced that they will report Q3, 2024 results on Oct 25, 2024分析記事 • Sep 15Songcheng Performance Development Co.,Ltd's (SZSE:300144) Price Is Out Of Tune With RevenuesWith a price-to-sales (or "P/S") ratio of 7.9x Songcheng Performance Development Co.,Ltd ( SZSE:300144 ) may be sending...Price Target Changed • Sep 12Price target decreased by 9.1% to CN¥11.26Down from CN¥12.38, the current price target is an average from 9 analysts. New target price is 53% above last closing price of CN¥7.36. Stock is down 42% over the past year. The company is forecast to post earnings per share of CN¥0.45 next year compared to a net loss per share of CN¥0.042 last year.Reported Earnings • Aug 29Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.093 in 2Q 2023). Revenue: CN¥617.8m (up 22% from 2Q 2023). Net income: CN¥298.7m (up 23% from 2Q 2023). Profit margin: 48% (in line with 2Q 2023). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.分析記事 • Aug 23Is Songcheng Performance DevelopmentLtd (SZSE:300144) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Jun 29Songcheng Performance Development Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024Songcheng Performance Development Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024分析記事 • Jun 20Songcheng Performance DevelopmentLtd (SZSE:300144) Is Increasing Its Dividend To CN¥0.10Songcheng Performance Development Co.,Ltd ( SZSE:300144 ) will increase its dividend from last year's comparable...Declared Dividend • Jun 19Dividend increased to CN¥0.10Dividend of CN¥0.10 is 100% higher than last year. Ex-date: 21st June 2024 Payment date: 21st June 2024 Dividend yield will be 1.1%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is not covered by earnings (321% earnings payout ratio). However, it is well covered by cash flows (23% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 257% to bring the payout ratio under control. EPS is expected to grow by 231% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.分析記事 • Jun 06Returns On Capital At Songcheng Performance DevelopmentLtd (SZSE:300144) Have StalledIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Price Target Changed • May 23Price target decreased by 8.0% to CN¥13.38Down from CN¥14.55, the current price target is an average from 9 analysts. New target price is 32% above last closing price of CN¥10.16. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.48 next year compared to a net loss per share of CN¥0.042 last year.Buy Or Sell Opportunity • May 23Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at CN¥10.16. The fair value is estimated to be CN¥12.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 1,810% in the next 2 years.分析記事 • May 21Songcheng Performance Development Co.,Ltd's (SZSE:300144) Intrinsic Value Is Potentially 29% Above Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, Songcheng Performance DevelopmentLtd fair value estimate is...分析記事 • May 02Songcheng Performance DevelopmentLtd's (SZSE:300144) Earnings Seem To Be PromisingSongcheng Performance Development Co.,Ltd ( SZSE:300144 ) announced a healthy earnings result recently, and the market...New Risk • Apr 28New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 321% Dividend yield: 1.0% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (321% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).お知らせ • Apr 28Songcheng Performance Development Co.,Ltd, Annual General Meeting, May 21, 2024Songcheng Performance Development Co.,Ltd, Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Agenda: To consider 2023 annual report and its summary; to consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2023 profit distribution plan; to consider reappointment of 2024 audit firm; to consider confirmation of 2023 remuneration for directors and determination of 2024 remuneration plan to consider confirmation of 2023 remuneration for supervisors and determination of 2024 remuneration plan; and to consider 2024 estimated continuing connected transactions.お知らせ • Apr 27Songcheng Performance Development Co.,Ltd Proposes Final Dividend for 2023Songcheng Performance Development Co.,Ltd proposed final cash dividend of CNY 1.00000000 per 10 shares (tax included) for 2023.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.096 (vs CN¥0.023 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.096 (up from CN¥0.023 in 1Q 2023). Revenue: CN¥559.6m (up 139% from 1Q 2023). Net income: CN¥251.7m (up 317% from 1Q 2023). Profit margin: 45% (up from 26% in 1Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.分析記事 • Apr 15Should You Think About Buying Songcheng Performance Development Co.,Ltd (SZSE:300144) Now?Songcheng Performance Development Co.,Ltd ( SZSE:300144 ), might not be a large cap stock, but it saw a significant...お知らせ • Mar 30Songcheng Performance Development Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024Songcheng Performance Development Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024分析記事 • Mar 01The Price Is Right For Songcheng Performance Development Co.,Ltd (SZSE:300144)You may think that with a price-to-sales (or "P/S") ratio of 16.8x Songcheng Performance Development Co.,Ltd...Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥10.36, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 19x in the Hospitality industry in China. Total loss to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.15 per share.Major Estimate Revision • Feb 01Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CN¥0.347 to CN¥0.286 per share. Revenue forecast steady at CN¥2.07b. Net income forecast to grow 62% next year vs 49% growth forecast for Hospitality industry in China. Consensus price target down from CN¥15.57 to CN¥15.13. Share price fell 10% to CN¥9.00 over the past week.お知らせ • Dec 30Songcheng Performance Development Co.,Ltd to Report Fiscal Year 2023 Results on Apr 20, 2024Songcheng Performance Development Co.,Ltd announced that they will report fiscal year 2023 results on Apr 20, 2024Reported Earnings • Oct 26Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: CN¥0.18 (up from CN¥0.04 in 3Q 2022). Revenue: CN¥877.2m (up 217% from 3Q 2022). Net income: CN¥484.3m (up 362% from 3Q 2022). Profit margin: 55% (up from 38% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Sep 30Songcheng Performance Development Co.,Ltd to Report Q3, 2023 Results on Oct 26, 2023Songcheng Performance Development Co.,Ltd announced that they will report Q3, 2023 results on Oct 26, 2023Buying Opportunity • Sep 20Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.3%. The fair value is estimated to be CN¥15.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 22% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 181% in 2 years. Earnings is forecast to grow by 336% in the next 2 years.Reported Earnings • Aug 26Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: CN¥0.093 (up from CN¥0.004 in 2Q 2022). Revenue: CN¥506.1m (up CN¥479.7m from 2Q 2022). Net income: CN¥242.5m (up CN¥233.0m from 2Q 2022). Profit margin: 48% (up from 36% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.お知らせ • Jun 03Songcheng Performance Development Co.,Ltd Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 09 June 2023Songcheng Performance Development Co.,Ltd announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 0.50000000 for the year 2022, payable on 09 June 2023. Record date is 08 June 2023. Ex-date is 09 June 2023.Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.023 (vs CN¥0.015 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.023 (up from CN¥0.015 loss in 1Q 2022). Revenue: CN¥234.4m (up 175% from 1Q 2022). Net income: CN¥60.3m (up CN¥98.9m from 1Q 2022). Profit margin: 26% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Board Change • Mar 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Xiayun Song was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Dec 07Huaneng Trust Yuanhe No. 6 Collection Fund Trust Plan, managed by Huaneng Guicheng Trust Corp.,Ltd. cancelled the acquisition of 5.01% stake in Jiangsu Tongrun Equipment Technology Co.,Ltd (SZSE:002150) from Hangzhou Songcheng Group Holding, Huang Qiaoling and Liu Ping.Huaneng Trust Yuanhe No. 6 Collection Fund Trust Plan, managed by Huaneng Guicheng Trust Corp.,Ltd. agreed to acquire a 5.01% stake in Jiangsu Tongrun Equipment Technology Co.,Ltd (SZSE:002150) from Hangzhou Songcheng Group Holding, Huang Qiaoling and Liu Ping for CNY 1.6 billion on November 17, 2022. Under the terms, Huaneng Guicheng Trust will acquire 131,000,000 shares at CNY 12.16 per share. Hangzhou Songcheng Group Holding will sell 46,000,000 shares, Huang Qiaoling will sell 2 77,000,000 shares, and Liu Ping will sell 8,000,000 shares.Huaneng Trust Yuanhe No. 6 Collection Fund Trust Plan, managed by Huaneng Guicheng Trust Corp.,Ltd. cancelled the acquisition of 5.01% stake in Jiangsu Tongrun Equipment Technology Co.,Ltd (SZSE:002150) from Hangzhou Songcheng Group Holding, Huang Qiaoling and Liu Ping on December 5, 2022.お知らせ • Dec 06Jinyan Songyun Enterprise Management (Hangzhou) Partnership Enterprise (Limited Partnership) cancelled the acquisition of 5.01% stake in Songcheng Performance International Development Co., Limited from Hangzhou Songcheng Group Holding Co., Ltd.Jinyan Songyun Enterprise Management (Hangzhou) Partnership Enterprise (Limited Partnership) agreed to acquire a 5.01% stake in Songcheng Performance International Development Co., Limited from Hangzhou Songcheng Group Holding Co., Ltd. for CNY 1.6 billion on November 17, 2022. Under the terms, Jinyan Songyun Enterprise will acquire 131,000,000 shares at CNY 12.16 per share. Jinyan Songyun Enterprise Management (Hangzhou) Partnership Enterprise (Limited Partnership) cancelled the acquisition of 5.01% stake in Songcheng Performance International Development Co., Limited from Hangzhou Songcheng Group Holding Co., Ltd. on December 5, 2022.Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Xiayun Song was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 28Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: CN¥0.04 (up from CN¥0.021 in 3Q 2021). Revenue: CN¥276.4m (down 1.7% from 3Q 2021). Net income: CN¥104.9m (up 94% from 3Q 2021). Profit margin: 38% (up from 19% in 3Q 2021). Revenue exceeded analyst estimates by 42%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 72% p.a. on average during the next 3 years, compared to a 31% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Board Change • Sep 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Xiayun Song was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 29Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: CN¥0.004 (down from CN¥0.094 in 2Q 2021). Revenue: CN¥26.4m (down 94% from 2Q 2021). Net income: CN¥9.47m (down 96% from 2Q 2021). Profit margin: 36% (down from 57% in 2Q 2021). Revenue missed analyst estimates by 90%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 243%, compared to a 31% growth forecast for the Hospitality industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Price Target Changed • Aug 16Price target increased to CN¥16.40Up from CN¥14.97, the current price target is an average from 13 analysts. New target price is 31% above last closing price of CN¥12.52. Stock is down 7.2% over the past year. The company is forecast to post earnings per share of CN¥0.18 for next year compared to CN¥0.12 last year.お知らせ • Jul 09Songcheng Performance Development Co.,Ltd Announces Appointment of Song Xiayun as Independent DirectorSongcheng Performance Development Co.,Ltd announced at the EGM held on July 6, 2022 that the company approved appointment of Song Xiayun as independent director.Board Change • Jun 05Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Shuzhe Liu was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • May 27Songcheng Performance Development Co.,Ltd Announces Final Dividend on A Shares for the Year 2021, Payable on June 2, 2022Songcheng Performance Development Co.,Ltd announced final cash dividend/10 shares (tax included) of CNY 0.50000000 on A shares for the year 2021. Record date is June 1, 2022. Ex-date is June 2, 2022. Payment date is June 2, 2022.お知らせ • May 20Songcheng Performance Development Co.,Ltd Approves the Final Cash Dividend for the Year of 2021Songcheng Performance Development Co.,Ltd approved the final cash dividend of CNY 0.50000000 per 10 shares (tax included), for the year of 2021.Major Estimate Revision • Apr 29Consensus revenue estimates fall by 44%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥2.28b to CN¥1.27b. EPS estimate fell from CN¥0.43 to CN¥0.16 per share. Net income forecast to grow 303% next year vs 256% growth forecast for Hospitality industry in China. Consensus price target down from CN¥16.68 to CN¥15.41. Share price fell 9.0% to CN¥12.53 over the past week.Price Target Changed • Apr 27Price target decreased to CN¥15.31Down from CN¥16.68, the current price target is an average from 12 analysts. New target price is 26% above last closing price of CN¥12.18. Stock is down 44% over the past year. The company is forecast to post earnings per share of CN¥0.14 for next year compared to CN¥0.12 last year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Shuzhe Liu was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 26Songcheng Performance Development Co.,Ltd Proposes Final Cash Dividend for the Year of 2021Songcheng Performance Development Co.,Ltd proposed final cash dividend of CNY 0.50000000 per 10 shares (tax included), for the year of 2021.Price Target Changed • Nov 25Price target decreased to CN¥17.49Down from CN¥19.59, the current price target is an average from 14 analysts. New target price is 22% above last closing price of CN¥14.33. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥0.20 next year compared to a net loss per share of CN¥0.67 last year.Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS CN¥0.021 (vs CN¥0.036 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥281.1m (down 16% from 3Q 2020). Net income: CN¥54.2m (down 42% from 3Q 2020). Profit margin: 19% (down from 28% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.Price Target Changed • Aug 31Price target decreased to CN¥20.22Down from CN¥21.93, the current price target is an average from 14 analysts. New target price is 32% above last closing price of CN¥15.28. Stock is down 19% over the past year.Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.094 (vs CN¥0.004 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥428.1m (up 188% from 2Q 2020). Net income: CN¥245.9m (up CN¥256.1m from 2Q 2020). Profit margin: 57% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.お知らせ • May 26Songcheng Performance Development Co.,Ltd Announces 2020 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 02 June 2021Songcheng Performance Development Co.,Ltd announced 2020 final profit distribution plan to be implemented (A shares) of CNY 0.50000000 per 10 shares (tax included), with Record date: 01 June 2021; Ex-date: 02 June 2021; and Payment date: 02 June 2021.Price Target Changed • May 23Price target increased to CN¥23.39Up from CN¥20.94, the current price target is an average from 11 analysts. New target price is 29% above last closing price of CN¥18.14. Stock is up 5.3% over the past year.Price Target Changed • Apr 28Price target increased to CN¥22.97Up from CN¥20.94, the current price target is an average from 9 analysts. New target price is 6.9% above last closing price of CN¥21.48. Stock is up 40% over the past year.Reported Earnings • Apr 25Full year 2020 earnings released: CN¥0.67 loss per share (vs CN¥0.51 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥902.6m (down 65% from FY 2019). Net loss: CN¥1.75b (down 231% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.Major Estimate Revision • Apr 02Consensus forecasts updatedThe consensus outlook for 2020 has been updated. 2020 expected loss increased from -CN¥0.10 to -CN¥0.13 per share. Revenue forecast unchanged at CN¥1.25b. Hospitality industry in China expected to see average net income growth of 125% next year. Consensus price target up from CN¥19.89 to CN¥20.94. Share price rose 5.1% to CN¥21.48 over the past week.お知らせ • Mar 09Songcheng Performance Development Co.,Ltd to Report Fiscal Year 2020 Results on Apr 23, 2021Songcheng Performance Development Co.,Ltd announced that they will report fiscal year 2020 results on Apr 23, 2021Is New 90 Day High Low • Feb 26New 90-day high: CN¥20.15The company is up 1.0% from its price of CN¥19.96 on 27 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥8.71 per share.Major Estimate Revision • Feb 03Analysts update estimatesThe 2020 consensus revenue estimate increased from CN¥1.16b to CN¥1.26b. The company is forecast to report a loss instead of a profit with analysts lowering their EPS forecasts from CN¥0.11 to -CN¥0.043 for the same period. The Hospitality industry in China is expected to see an average net income growth of 107% next year. The consensus price target was lowered from CN¥19.86 to CN¥19.45. Share price is up 2.9% to CN¥17.09 over the past week.Is New 90 Day High Low • Jan 12New 90-day low: CN¥15.98The company is down 4.0% from its price of CN¥16.60 on 14 October 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Hospitality industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.29 per share.Major Estimate Revision • Dec 10Analysts update estimatesThe 2020 consensus revenue estimate increased from CN¥1.03b to CN¥1.18b. Earning per share (EPS) estimate was unchanged from the last update at CN¥0.12. The Hospitality industry in China is expected to see an average net income growth of 107% next year. The consensus price target was lowered from CN¥20.22 to CN¥20.22. Share price is down by 3.2% to CN¥18.02 over the past week.Is New 90 Day High Low • Nov 19New 90-day high: CN¥19.06The company is up 8.0% from its price of CN¥17.61 on 21 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥8.16 per share.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥203.5m, down 86% from the prior year. Total revenue was CN¥1.02b over the last 12 months, down 65% from the prior year.Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue and earnings miss expectationsThird-quarter revenue missed analyst estimates by 59% at CN¥335.6m. Earnings per share (EPS) also missed analyst estimates by 84% at CN¥0.03. Revenue is forecast to grow 179% over the next year, compared to a 32% growth forecast for the Hospitality industry in China.Major Estimate Revision • Oct 24Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate was lowered from CN¥0.27 to CN¥0.24. No change was made to the revenue estimate which at the last update was CN¥1.49b. Net income is expected to grow by 78% next year compared to 62% growth forecast for the Hospitality industry in China. The consensus price target of CN¥21.14 was unchanged from the last update. Share price is down by 1.9% to CN¥16.44 over the past week.お知らせ • Jul 18Songcheng Performance Development Co.,Ltd to Report First Half, 2020 Results on Aug 08, 2020Songcheng Performance Development Co.,Ltd announced that they will report first half, 2020 results on Aug 08, 2020業績と収益の成長予測SZSE:300144 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20282,6911,0821,2111,423612/31/20272,5941,0309911,449912/31/20262,4279309861,19973/31/20262,2287801,2161,472N/A12/31/20252,2588181,2781,546N/A9/30/20252,2397971,0971,371N/A6/30/20252,3239011,1531,411N/A3/31/20252,4221,0461,0991,358N/A12/31/20242,4171,0491,1181,445N/A9/30/20242,3221111,1381,499N/A6/30/20242,3631381,1461,572N/A3/31/20242,251811,1611,601N/A12/31/20231,926-1101,0221,419N/A9/30/20231,6876649121,284N/A6/30/20231,087284562860N/A3/31/202360751232477N/A1/1/2023458-4886332N/A9/30/2022557-4251301N/A6/30/2022562-92-76283N/A3/31/2022964144134685N/A1/1/20221,18531557750N/A9/30/20211,300-1,454116973N/A6/30/20211,354-1,414-133999N/A3/31/20211,075-1,670-613501N/A12/31/2020903-1,752-624394N/A9/30/20201,024203-760238N/A6/30/20201,477595-304452N/A3/31/20201,9211,020123833N/A12/31/20192,6121,340N/A1,571N/A9/30/20192,9461,410N/A1,713N/A6/30/20193,1171,407N/A1,795N/A3/31/20193,3241,335N/A1,897N/A12/31/20183,2111,287N/A1,647N/A9/30/20183,1801,297N/A1,838N/A6/30/20183,1421,209N/A1,915N/A3/31/20183,0641,145N/A1,847N/A12/31/20173,0241,068N/A1,764N/A9/30/20172,9911,056N/A1,300N/A6/30/20172,851994N/A1,154N/A3/31/20172,743953N/A1,128N/A12/31/20162,644902N/A1,030N/A9/30/20162,476855N/A1,216N/A6/30/20162,308786N/A1,094N/A3/31/20162,053729N/A1,033N/A12/31/20151,695631N/A915N/A9/30/20151,405584N/A882N/A6/30/20151,118465N/A690N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 300144の予測収益成長率 (年間11.7% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 300144の収益 ( 11.7% ) CN市場 ( 27% ) よりも低い成長が予測されています。高成長収益: 300144の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 300144の収益 ( 6.9% ) CN市場 ( 16% ) よりも低い成長が予測されています。高い収益成長: 300144の収益 ( 6.9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 300144の 自己資本利益率 は、3年後には低くなると予測されています ( 11.3 %)。成長企業の発掘7D1Y7D1Y7D1YConsumer-services 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 02:16終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Songcheng Performance Development Co.,Ltd 9 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。22 アナリスト機関Ronald LeungBofA Global ResearchLei YangCGS InternationalLei YangChina Galaxy International Securities (Hong Kong)19 その他のアナリストを表示
Major Estimate Revision • Apr 30Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥2.59b to CN¥2.42b. EPS estimate also fell from CN¥0.405 per share to CN¥0.352 per share. Net income forecast to grow 22% next year vs 22% growth forecast for Hospitality industry in China. Consensus price target down from CN¥9.40 to CN¥8.90. Share price was steady at CN¥7.70 over the past week.
Price Target Changed • Apr 24Price target decreased by 7.5% to CN¥8.94Down from CN¥9.67, the current price target is an average from 7 analysts. New target price is 14% above last closing price of CN¥7.84. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.31 last year.
Major Estimate Revision • Nov 03Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.55b to CN¥2.33b. EPS estimate also fell from CN¥0.427 per share to CN¥0.343 per share. Net income forecast to grow 41% next year vs 39% growth forecast for Hospitality industry in China. Consensus price target broadly unchanged at CN¥10.17. Share price was steady at CN¥8.07 over the past week.
Major Estimate Revision • Sep 02Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.63b to CN¥2.36b. EPS estimate fell from CN¥0.449 to CN¥0.345 per share. Net income forecast to grow 22% next year vs 28% growth forecast for Hospitality industry in China. Consensus price target down from CN¥10.76 to CN¥10.40. Share price fell 2.5% to CN¥8.83 over the past week.
Major Estimate Revision • May 01Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.78b to CN¥2.62b. EPS estimate also fell from CN¥0.491 per share to CN¥0.43 per share. Net income forecast to grow 16% next year vs 32% growth forecast for Hospitality industry in China. Consensus price target down from CN¥11.58 to CN¥11.20. Share price fell 5.0% to CN¥9.35 over the past week.
Price Target Changed • Sep 12Price target decreased by 9.1% to CN¥11.26Down from CN¥12.38, the current price target is an average from 9 analysts. New target price is 53% above last closing price of CN¥7.36. Stock is down 42% over the past year. The company is forecast to post earnings per share of CN¥0.45 next year compared to a net loss per share of CN¥0.042 last year.
Major Estimate Revision • Apr 30Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥2.59b to CN¥2.42b. EPS estimate also fell from CN¥0.405 per share to CN¥0.352 per share. Net income forecast to grow 22% next year vs 22% growth forecast for Hospitality industry in China. Consensus price target down from CN¥9.40 to CN¥8.90. Share price was steady at CN¥7.70 over the past week.
お知らせ • Apr 24Songcheng Performance Development Co.,Ltd, Annual General Meeting, May 18, 2026Songcheng Performance Development Co.,Ltd, Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: No. 148, Zhijiang Road, Hangzhou, Zhejiang China
Price Target Changed • Apr 24Price target decreased by 7.5% to CN¥8.94Down from CN¥9.67, the current price target is an average from 7 analysts. New target price is 14% above last closing price of CN¥7.84. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.35 for next year compared to CN¥0.31 last year.
Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: CN¥0.081 (vs CN¥0.094 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.081 (down from CN¥0.094 in 1Q 2025). Revenue: CN¥534.2m (down 4.8% from 1Q 2025). Net income: CN¥211.4m (down 14% from 1Q 2025). Profit margin: 40% (down from 44% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Mar 31Songcheng Performance Development Co.,Ltd to Report Q1, 2026 Results on Apr 24, 2026Songcheng Performance Development Co.,Ltd announced that they will report Q1, 2026 results on Apr 24, 2026
お知らせ • Dec 31Songcheng Performance Development Co.,Ltd to Report Fiscal Year 2025 Results on Apr 24, 2026Songcheng Performance Development Co.,Ltd announced that they will report fiscal year 2025 results on Apr 24, 2026
お知らせ • Dec 10Songcheng Performance Development Co.,Ltd (SZSE:300144) announces an Equity Buyback for CNY 200 million worth of its shares.Songcheng Performance Development Co.,Ltd (SZSE:300144) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at no more than CNY 12 per share. The purpose of the program is to reduce the share capital by cancelling the repurchased shares. The program will be funded from company's own funds. The program is subject to approval from shareholders. The program will be valid for 12 months from the shareholders' approval.
Major Estimate Revision • Nov 03Consensus EPS estimates fall by 20%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.55b to CN¥2.33b. EPS estimate also fell from CN¥0.427 per share to CN¥0.343 per share. Net income forecast to grow 41% next year vs 39% growth forecast for Hospitality industry in China. Consensus price target broadly unchanged at CN¥10.17. Share price was steady at CN¥8.07 over the past week.
Reported Earnings • Oct 28Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: CN¥0.14 (down from CN¥0.17 in 3Q 2024). Revenue: CN¥752.9m (down 9.9% from 3Q 2024). Net income: CN¥354.1m (down 23% from 3Q 2024). Profit margin: 47% (down from 55% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 6.7%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Sep 30Songcheng Performance Development Co.,Ltd to Report Q3, 2025 Results on Oct 28, 2025Songcheng Performance Development Co.,Ltd announced that they will report Q3, 2025 results on Oct 28, 2025
Major Estimate Revision • Sep 02Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.63b to CN¥2.36b. EPS estimate fell from CN¥0.449 to CN¥0.345 per share. Net income forecast to grow 22% next year vs 28% growth forecast for Hospitality industry in China. Consensus price target down from CN¥10.76 to CN¥10.40. Share price fell 2.5% to CN¥8.83 over the past week.
Reported Earnings • Aug 28Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: CN¥0.058 (down from CN¥0.11 in 2Q 2024). Revenue: CN¥518.6m (down 16% from 2Q 2024). Net income: CN¥153.4m (down 49% from 2Q 2024). Profit margin: 30% (down from 48% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 45%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Aug 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to CN¥8.68. The fair value is estimated to be CN¥10.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 88%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 30% in the next 2 years.
Buy Or Sell Opportunity • Jul 25Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.8% to CN¥8.74. The fair value is estimated to be CN¥10.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 88%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 30% in the next 2 years.
お知らせ • Jul 02Songcheng Performance Development Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025Songcheng Performance Development Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025
Buy Or Sell Opportunity • Jun 18Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.5% to CN¥8.78. The fair value is estimated to be CN¥11.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 88%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 30% in the next 2 years.
お知らせ • May 22Songcheng Performance Development Co.,Ltd Approves Cash Dividend for 2024Songcheng Performance Development Co.,Ltd in its Annual General Meeting of 2024 held on 20 May 2025 approved Cash dividend/10 shares (tax included): CNY 2.00000000.
Buy Or Sell Opportunity • May 22Now 20% undervaluedOver the last 90 days, the stock has risen 1.6% to CN¥8.99. The fair value is estimated to be CN¥11.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 88%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.
Major Estimate Revision • May 01Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.78b to CN¥2.62b. EPS estimate also fell from CN¥0.491 per share to CN¥0.43 per share. Net income forecast to grow 16% next year vs 32% growth forecast for Hospitality industry in China. Consensus price target down from CN¥11.58 to CN¥11.20. Share price fell 5.0% to CN¥9.35 over the past week.
Reported Earnings • Apr 26Third quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.18 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.18 in 3Q 2023). Revenue: CN¥836.0m (down 4.7% from 3Q 2023). Net income: CN¥457.4m (down 5.5% from 3Q 2023). Profit margin: 55% (in line with 3Q 2023). Revenue is forecast to grow 9.4% p.a. on average during the next 4 years, compared to a 11% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Apr 25Songcheng Performance Development Co.,Ltd, Annual General Meeting, May 20, 2025Songcheng Performance Development Co.,Ltd, Annual General Meeting, May 20, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China
お知らせ • Mar 31Songcheng Performance Development Co.,Ltd to Report Q1, 2025 Results on Apr 25, 2025Songcheng Performance Development Co.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025
分析記事 • Mar 10Are Investors Undervaluing Songcheng Performance Development Co.,Ltd (SZSE:300144) By 29%?Key Insights Using the 2 Stage Free Cash Flow to Equity, Songcheng Performance DevelopmentLtd fair value estimate is...
分析記事 • Feb 24Should You Think About Buying Songcheng Performance Development Co.,Ltd (SZSE:300144) Now?While Songcheng Performance Development Co.,Ltd ( SZSE:300144 ) might not have the largest market cap around , it...
分析記事 • Feb 10Is Songcheng Performance DevelopmentLtd (SZSE:300144) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • Jan 08Songcheng Performance DevelopmentLtd (SZSE:300144) Has Some Way To Go To Become A Multi-BaggerFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
お知らせ • Dec 31Songcheng Performance Development Co.,Ltd to Report Fiscal Year 2024 Results on Apr 25, 2025Songcheng Performance Development Co.,Ltd announced that they will report fiscal year 2024 results on Apr 25, 2025
分析記事 • Dec 26Subdued Growth No Barrier To Songcheng Performance Development Co.,Ltd's (SZSE:300144) PriceWith a price-to-sales (or "P/S") ratio of 10.8x Songcheng Performance Development Co.,Ltd ( SZSE:300144 ) may be...
分析記事 • Nov 29Songcheng Performance Development Co.,Ltd (SZSE:300144) Shares Could Be 34% Below Their Intrinsic Value EstimateKey Insights Songcheng Performance DevelopmentLtd's estimated fair value is CN¥14.39 based on 2 Stage Free Cash Flow to...
分析記事 • Nov 02There May Be Reason For Hope In Songcheng Performance DevelopmentLtd's (SZSE:300144) Disappointing EarningsShareholders appeared unconcerned with Songcheng Performance Development Co.,Ltd's ( SZSE:300144 ) lackluster earnings...
Reported Earnings • Oct 25Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.18 in 3Q 2023). Revenue: CN¥836.0m (down 4.7% from 3Q 2023). Net income: CN¥457.4m (down 5.5% from 3Q 2023). Profit margin: 55% (in line with 3Q 2023). Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) exceeded analyst estimates by 6.6%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
分析記事 • Oct 09Investors Met With Slowing Returns on Capital At Songcheng Performance DevelopmentLtd (SZSE:300144)What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (190% payout ratio). Share price has been volatile over the past 3 months (8.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.8% net profit margin).
お知らせ • Sep 30Songcheng Performance Development Co.,Ltd to Report Q3, 2024 Results on Oct 25, 2024Songcheng Performance Development Co.,Ltd announced that they will report Q3, 2024 results on Oct 25, 2024
分析記事 • Sep 15Songcheng Performance Development Co.,Ltd's (SZSE:300144) Price Is Out Of Tune With RevenuesWith a price-to-sales (or "P/S") ratio of 7.9x Songcheng Performance Development Co.,Ltd ( SZSE:300144 ) may be sending...
Price Target Changed • Sep 12Price target decreased by 9.1% to CN¥11.26Down from CN¥12.38, the current price target is an average from 9 analysts. New target price is 53% above last closing price of CN¥7.36. Stock is down 42% over the past year. The company is forecast to post earnings per share of CN¥0.45 next year compared to a net loss per share of CN¥0.042 last year.
Reported Earnings • Aug 29Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: CN¥0.11 (up from CN¥0.093 in 2Q 2023). Revenue: CN¥617.8m (up 22% from 2Q 2023). Net income: CN¥298.7m (up 23% from 2Q 2023). Profit margin: 48% (in line with 2Q 2023). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 15%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
分析記事 • Aug 23Is Songcheng Performance DevelopmentLtd (SZSE:300144) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Jun 29Songcheng Performance Development Co.,Ltd to Report First Half, 2024 Results on Aug 29, 2024Songcheng Performance Development Co.,Ltd announced that they will report first half, 2024 results on Aug 29, 2024
分析記事 • Jun 20Songcheng Performance DevelopmentLtd (SZSE:300144) Is Increasing Its Dividend To CN¥0.10Songcheng Performance Development Co.,Ltd ( SZSE:300144 ) will increase its dividend from last year's comparable...
Declared Dividend • Jun 19Dividend increased to CN¥0.10Dividend of CN¥0.10 is 100% higher than last year. Ex-date: 21st June 2024 Payment date: 21st June 2024 Dividend yield will be 1.1%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is not covered by earnings (321% earnings payout ratio). However, it is well covered by cash flows (23% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 257% to bring the payout ratio under control. EPS is expected to grow by 231% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
分析記事 • Jun 06Returns On Capital At Songcheng Performance DevelopmentLtd (SZSE:300144) Have StalledIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Price Target Changed • May 23Price target decreased by 8.0% to CN¥13.38Down from CN¥14.55, the current price target is an average from 9 analysts. New target price is 32% above last closing price of CN¥10.16. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥0.48 next year compared to a net loss per share of CN¥0.042 last year.
Buy Or Sell Opportunity • May 23Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at CN¥10.16. The fair value is estimated to be CN¥12.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 1,810% in the next 2 years.
分析記事 • May 21Songcheng Performance Development Co.,Ltd's (SZSE:300144) Intrinsic Value Is Potentially 29% Above Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, Songcheng Performance DevelopmentLtd fair value estimate is...
分析記事 • May 02Songcheng Performance DevelopmentLtd's (SZSE:300144) Earnings Seem To Be PromisingSongcheng Performance Development Co.,Ltd ( SZSE:300144 ) announced a healthy earnings result recently, and the market...
New Risk • Apr 28New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 321% Dividend yield: 1.0% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (321% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).
お知らせ • Apr 28Songcheng Performance Development Co.,Ltd, Annual General Meeting, May 21, 2024Songcheng Performance Development Co.,Ltd, Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Agenda: To consider 2023 annual report and its summary; to consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2023 profit distribution plan; to consider reappointment of 2024 audit firm; to consider confirmation of 2023 remuneration for directors and determination of 2024 remuneration plan to consider confirmation of 2023 remuneration for supervisors and determination of 2024 remuneration plan; and to consider 2024 estimated continuing connected transactions.
お知らせ • Apr 27Songcheng Performance Development Co.,Ltd Proposes Final Dividend for 2023Songcheng Performance Development Co.,Ltd proposed final cash dividend of CNY 1.00000000 per 10 shares (tax included) for 2023.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.096 (vs CN¥0.023 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.096 (up from CN¥0.023 in 1Q 2023). Revenue: CN¥559.6m (up 139% from 1Q 2023). Net income: CN¥251.7m (up 317% from 1Q 2023). Profit margin: 45% (up from 26% in 1Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
分析記事 • Apr 15Should You Think About Buying Songcheng Performance Development Co.,Ltd (SZSE:300144) Now?Songcheng Performance Development Co.,Ltd ( SZSE:300144 ), might not be a large cap stock, but it saw a significant...
お知らせ • Mar 30Songcheng Performance Development Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024Songcheng Performance Development Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024
分析記事 • Mar 01The Price Is Right For Songcheng Performance Development Co.,Ltd (SZSE:300144)You may think that with a price-to-sales (or "P/S") ratio of 16.8x Songcheng Performance Development Co.,Ltd...
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥10.36, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 19x in the Hospitality industry in China. Total loss to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.15 per share.
Major Estimate Revision • Feb 01Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CN¥0.347 to CN¥0.286 per share. Revenue forecast steady at CN¥2.07b. Net income forecast to grow 62% next year vs 49% growth forecast for Hospitality industry in China. Consensus price target down from CN¥15.57 to CN¥15.13. Share price fell 10% to CN¥9.00 over the past week.
お知らせ • Dec 30Songcheng Performance Development Co.,Ltd to Report Fiscal Year 2023 Results on Apr 20, 2024Songcheng Performance Development Co.,Ltd announced that they will report fiscal year 2023 results on Apr 20, 2024
Reported Earnings • Oct 26Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: CN¥0.18 (up from CN¥0.04 in 3Q 2022). Revenue: CN¥877.2m (up 217% from 3Q 2022). Net income: CN¥484.3m (up 362% from 3Q 2022). Profit margin: 55% (up from 38% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Sep 30Songcheng Performance Development Co.,Ltd to Report Q3, 2023 Results on Oct 26, 2023Songcheng Performance Development Co.,Ltd announced that they will report Q3, 2023 results on Oct 26, 2023
Buying Opportunity • Sep 20Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.3%. The fair value is estimated to be CN¥15.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 22% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 181% in 2 years. Earnings is forecast to grow by 336% in the next 2 years.
Reported Earnings • Aug 26Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: CN¥0.093 (up from CN¥0.004 in 2Q 2022). Revenue: CN¥506.1m (up CN¥479.7m from 2Q 2022). Net income: CN¥242.5m (up CN¥233.0m from 2Q 2022). Profit margin: 48% (up from 36% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
お知らせ • Jun 03Songcheng Performance Development Co.,Ltd Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 09 June 2023Songcheng Performance Development Co.,Ltd announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 0.50000000 for the year 2022, payable on 09 June 2023. Record date is 08 June 2023. Ex-date is 09 June 2023.
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.023 (vs CN¥0.015 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.023 (up from CN¥0.015 loss in 1Q 2022). Revenue: CN¥234.4m (up 175% from 1Q 2022). Net income: CN¥60.3m (up CN¥98.9m from 1Q 2022). Profit margin: 26% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Board Change • Mar 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Xiayun Song was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 07Huaneng Trust Yuanhe No. 6 Collection Fund Trust Plan, managed by Huaneng Guicheng Trust Corp.,Ltd. cancelled the acquisition of 5.01% stake in Jiangsu Tongrun Equipment Technology Co.,Ltd (SZSE:002150) from Hangzhou Songcheng Group Holding, Huang Qiaoling and Liu Ping.Huaneng Trust Yuanhe No. 6 Collection Fund Trust Plan, managed by Huaneng Guicheng Trust Corp.,Ltd. agreed to acquire a 5.01% stake in Jiangsu Tongrun Equipment Technology Co.,Ltd (SZSE:002150) from Hangzhou Songcheng Group Holding, Huang Qiaoling and Liu Ping for CNY 1.6 billion on November 17, 2022. Under the terms, Huaneng Guicheng Trust will acquire 131,000,000 shares at CNY 12.16 per share. Hangzhou Songcheng Group Holding will sell 46,000,000 shares, Huang Qiaoling will sell 2 77,000,000 shares, and Liu Ping will sell 8,000,000 shares.Huaneng Trust Yuanhe No. 6 Collection Fund Trust Plan, managed by Huaneng Guicheng Trust Corp.,Ltd. cancelled the acquisition of 5.01% stake in Jiangsu Tongrun Equipment Technology Co.,Ltd (SZSE:002150) from Hangzhou Songcheng Group Holding, Huang Qiaoling and Liu Ping on December 5, 2022.
お知らせ • Dec 06Jinyan Songyun Enterprise Management (Hangzhou) Partnership Enterprise (Limited Partnership) cancelled the acquisition of 5.01% stake in Songcheng Performance International Development Co., Limited from Hangzhou Songcheng Group Holding Co., Ltd.Jinyan Songyun Enterprise Management (Hangzhou) Partnership Enterprise (Limited Partnership) agreed to acquire a 5.01% stake in Songcheng Performance International Development Co., Limited from Hangzhou Songcheng Group Holding Co., Ltd. for CNY 1.6 billion on November 17, 2022. Under the terms, Jinyan Songyun Enterprise will acquire 131,000,000 shares at CNY 12.16 per share. Jinyan Songyun Enterprise Management (Hangzhou) Partnership Enterprise (Limited Partnership) cancelled the acquisition of 5.01% stake in Songcheng Performance International Development Co., Limited from Hangzhou Songcheng Group Holding Co., Ltd. on December 5, 2022.
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Xiayun Song was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 28Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: CN¥0.04 (up from CN¥0.021 in 3Q 2021). Revenue: CN¥276.4m (down 1.7% from 3Q 2021). Net income: CN¥104.9m (up 94% from 3Q 2021). Profit margin: 38% (up from 19% in 3Q 2021). Revenue exceeded analyst estimates by 42%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 72% p.a. on average during the next 3 years, compared to a 31% growth forecast for the Hospitality industry in China. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Board Change • Sep 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Xiayun Song was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 29Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: CN¥0.004 (down from CN¥0.094 in 2Q 2021). Revenue: CN¥26.4m (down 94% from 2Q 2021). Net income: CN¥9.47m (down 96% from 2Q 2021). Profit margin: 36% (down from 57% in 2Q 2021). Revenue missed analyst estimates by 90%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 243%, compared to a 31% growth forecast for the Hospitality industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Price Target Changed • Aug 16Price target increased to CN¥16.40Up from CN¥14.97, the current price target is an average from 13 analysts. New target price is 31% above last closing price of CN¥12.52. Stock is down 7.2% over the past year. The company is forecast to post earnings per share of CN¥0.18 for next year compared to CN¥0.12 last year.
お知らせ • Jul 09Songcheng Performance Development Co.,Ltd Announces Appointment of Song Xiayun as Independent DirectorSongcheng Performance Development Co.,Ltd announced at the EGM held on July 6, 2022 that the company approved appointment of Song Xiayun as independent director.
Board Change • Jun 05Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Shuzhe Liu was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • May 27Songcheng Performance Development Co.,Ltd Announces Final Dividend on A Shares for the Year 2021, Payable on June 2, 2022Songcheng Performance Development Co.,Ltd announced final cash dividend/10 shares (tax included) of CNY 0.50000000 on A shares for the year 2021. Record date is June 1, 2022. Ex-date is June 2, 2022. Payment date is June 2, 2022.
お知らせ • May 20Songcheng Performance Development Co.,Ltd Approves the Final Cash Dividend for the Year of 2021Songcheng Performance Development Co.,Ltd approved the final cash dividend of CNY 0.50000000 per 10 shares (tax included), for the year of 2021.
Major Estimate Revision • Apr 29Consensus revenue estimates fall by 44%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥2.28b to CN¥1.27b. EPS estimate fell from CN¥0.43 to CN¥0.16 per share. Net income forecast to grow 303% next year vs 256% growth forecast for Hospitality industry in China. Consensus price target down from CN¥16.68 to CN¥15.41. Share price fell 9.0% to CN¥12.53 over the past week.
Price Target Changed • Apr 27Price target decreased to CN¥15.31Down from CN¥16.68, the current price target is an average from 12 analysts. New target price is 26% above last closing price of CN¥12.18. Stock is down 44% over the past year. The company is forecast to post earnings per share of CN¥0.14 for next year compared to CN¥0.12 last year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Shuzhe Liu was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 26Songcheng Performance Development Co.,Ltd Proposes Final Cash Dividend for the Year of 2021Songcheng Performance Development Co.,Ltd proposed final cash dividend of CNY 0.50000000 per 10 shares (tax included), for the year of 2021.
Price Target Changed • Nov 25Price target decreased to CN¥17.49Down from CN¥19.59, the current price target is an average from 14 analysts. New target price is 22% above last closing price of CN¥14.33. Stock is down 28% over the past year. The company is forecast to post earnings per share of CN¥0.20 next year compared to a net loss per share of CN¥0.67 last year.
Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS CN¥0.021 (vs CN¥0.036 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥281.1m (down 16% from 3Q 2020). Net income: CN¥54.2m (down 42% from 3Q 2020). Profit margin: 19% (down from 28% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.
Price Target Changed • Aug 31Price target decreased to CN¥20.22Down from CN¥21.93, the current price target is an average from 14 analysts. New target price is 32% above last closing price of CN¥15.28. Stock is down 19% over the past year.
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.094 (vs CN¥0.004 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥428.1m (up 188% from 2Q 2020). Net income: CN¥245.9m (up CN¥256.1m from 2Q 2020). Profit margin: 57% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
お知らせ • May 26Songcheng Performance Development Co.,Ltd Announces 2020 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 02 June 2021Songcheng Performance Development Co.,Ltd announced 2020 final profit distribution plan to be implemented (A shares) of CNY 0.50000000 per 10 shares (tax included), with Record date: 01 June 2021; Ex-date: 02 June 2021; and Payment date: 02 June 2021.
Price Target Changed • May 23Price target increased to CN¥23.39Up from CN¥20.94, the current price target is an average from 11 analysts. New target price is 29% above last closing price of CN¥18.14. Stock is up 5.3% over the past year.
Price Target Changed • Apr 28Price target increased to CN¥22.97Up from CN¥20.94, the current price target is an average from 9 analysts. New target price is 6.9% above last closing price of CN¥21.48. Stock is up 40% over the past year.
Reported Earnings • Apr 25Full year 2020 earnings released: CN¥0.67 loss per share (vs CN¥0.51 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥902.6m (down 65% from FY 2019). Net loss: CN¥1.75b (down 231% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
Major Estimate Revision • Apr 02Consensus forecasts updatedThe consensus outlook for 2020 has been updated. 2020 expected loss increased from -CN¥0.10 to -CN¥0.13 per share. Revenue forecast unchanged at CN¥1.25b. Hospitality industry in China expected to see average net income growth of 125% next year. Consensus price target up from CN¥19.89 to CN¥20.94. Share price rose 5.1% to CN¥21.48 over the past week.
お知らせ • Mar 09Songcheng Performance Development Co.,Ltd to Report Fiscal Year 2020 Results on Apr 23, 2021Songcheng Performance Development Co.,Ltd announced that they will report fiscal year 2020 results on Apr 23, 2021
Is New 90 Day High Low • Feb 26New 90-day high: CN¥20.15The company is up 1.0% from its price of CN¥19.96 on 27 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥8.71 per share.
Major Estimate Revision • Feb 03Analysts update estimatesThe 2020 consensus revenue estimate increased from CN¥1.16b to CN¥1.26b. The company is forecast to report a loss instead of a profit with analysts lowering their EPS forecasts from CN¥0.11 to -CN¥0.043 for the same period. The Hospitality industry in China is expected to see an average net income growth of 107% next year. The consensus price target was lowered from CN¥19.86 to CN¥19.45. Share price is up 2.9% to CN¥17.09 over the past week.
Is New 90 Day High Low • Jan 12New 90-day low: CN¥15.98The company is down 4.0% from its price of CN¥16.60 on 14 October 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Hospitality industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥9.29 per share.
Major Estimate Revision • Dec 10Analysts update estimatesThe 2020 consensus revenue estimate increased from CN¥1.03b to CN¥1.18b. Earning per share (EPS) estimate was unchanged from the last update at CN¥0.12. The Hospitality industry in China is expected to see an average net income growth of 107% next year. The consensus price target was lowered from CN¥20.22 to CN¥20.22. Share price is down by 3.2% to CN¥18.02 over the past week.
Is New 90 Day High Low • Nov 19New 90-day high: CN¥19.06The company is up 8.0% from its price of CN¥17.61 on 21 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥8.16 per share.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥203.5m, down 86% from the prior year. Total revenue was CN¥1.02b over the last 12 months, down 65% from the prior year.
Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue and earnings miss expectationsThird-quarter revenue missed analyst estimates by 59% at CN¥335.6m. Earnings per share (EPS) also missed analyst estimates by 84% at CN¥0.03. Revenue is forecast to grow 179% over the next year, compared to a 32% growth forecast for the Hospitality industry in China.
Major Estimate Revision • Oct 24Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate was lowered from CN¥0.27 to CN¥0.24. No change was made to the revenue estimate which at the last update was CN¥1.49b. Net income is expected to grow by 78% next year compared to 62% growth forecast for the Hospitality industry in China. The consensus price target of CN¥21.14 was unchanged from the last update. Share price is down by 1.9% to CN¥16.44 over the past week.
お知らせ • Jul 18Songcheng Performance Development Co.,Ltd to Report First Half, 2020 Results on Aug 08, 2020Songcheng Performance Development Co.,Ltd announced that they will report first half, 2020 results on Aug 08, 2020