Songcheng Performance Development Co.,Ltd

XSEC:300144 Stock Report

Market Cap: CN¥25.3b

Songcheng Performance DevelopmentLtd Valuation

Is 300144 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 300144 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300144 (CN¥9.63) is trading below our estimate of fair value (CN¥13.36)

Significantly Below Fair Value: 300144 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300144?

Key metric: As 300144 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 300144. This is calculated by dividing 300144's market cap by their current revenue.
What is 300144's PS Ratio?
PS Ratio10.9x
SalesCN¥2.32b
Market CapCN¥25.26b

Price to Sales Ratio vs Peers

How does 300144's PS Ratio compare to its peers?

The above table shows the PS ratio for 300144 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average7.1x
600593 Dalian Sunasia Tourism HoldingLTD
10.2xn/aCN¥5.1b
002159 Wuhan Sante Cableway Group
4.3x10.4%CN¥3.0b
600749 Tibet TourismLtd
11.8xn/aCN¥2.4b
600754 Shanghai Jin Jiang International Hotels
2x4.6%CN¥26.5b
300144 Songcheng Performance DevelopmentLtd
10.9x13.1%CN¥25.3b

Price-To-Sales vs Peers: 300144 is expensive based on its Price-To-Sales Ratio (10.9x) compared to the peer average (7.1x).

Price to Sales Ratio vs Industry

How does 300144's PS Ratio compare vs other companies in the CN Hospitality Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
300178 Tempus Global Business Service Group Holding
0.09xn/aUS$18.36m
No more companies available in this PS range
300144 10.9xIndustry Avg. 5.5xNo. of Companies6PS02.85.68.411.214+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 300144 is expensive based on its Price-To-Sales Ratio (10.9x) compared to the CN Hospitality industry average (5.5x).

Price to Sales Ratio vs Fair Ratio

What is 300144's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

300144 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio10.9x
Fair PS Ratio6.8x

Price-To-Sales vs Fair Ratio: 300144 is expensive based on its Price-To-Sales Ratio (10.9x) compared to the estimated Fair Price-To-Sales Ratio (6.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 300144 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥9.63
CN¥11.58
+20.3%
16.6%CN¥14.30CN¥6.93n/a9
Dec ’25CN¥9.44
CN¥11.39
+20.7%
17.6%CN¥14.30CN¥6.93n/a9
Nov ’25CN¥9.43
CN¥11.24
+19.2%
18.3%CN¥14.30CN¥6.93n/a9
Oct ’25CN¥10.52
CN¥10.62
+1.0%
17.4%CN¥14.30CN¥6.93n/a9
Sep ’25CN¥7.77
CN¥12.38
+59.4%
17.0%CN¥17.07CN¥10.00n/a9
Aug ’25CN¥7.94
CN¥12.94
+63.0%
14.4%CN¥17.07CN¥10.50n/a9
Jul ’25CN¥8.21
CN¥13.10
+59.5%
13.6%CN¥17.07CN¥10.50n/a9
Jun ’25CN¥10.21
CN¥13.38
+31.1%
13.3%CN¥17.07CN¥10.50n/a9
May ’25CN¥10.86
CN¥14.55
+33.9%
18.5%CN¥21.00CN¥11.40n/a10
Apr ’25CN¥10.91
CN¥15.33
+40.5%
16.6%CN¥21.00CN¥11.40n/a10
Mar ’25CN¥10.98
CN¥15.13
+37.8%
17.9%CN¥21.00CN¥11.40n/a10
Feb ’25CN¥9.00
CN¥15.13
+68.1%
17.9%CN¥21.00CN¥11.40n/a10
Jan ’25CN¥9.87
CN¥15.57
+57.7%
16.1%CN¥21.00CN¥11.40n/a10
Dec ’24CN¥10.49
CN¥15.81
+50.7%
13.8%CN¥21.00CN¥12.88CN¥9.4410
Nov ’24CN¥10.97
CN¥16.30
+48.6%
14.9%CN¥21.00CN¥12.88CN¥9.4311
Oct ’24CN¥12.22
CN¥17.04
+39.4%
11.5%CN¥20.50CN¥13.80CN¥10.5211
Sep ’24CN¥12.54
CN¥17.02
+35.7%
11.7%CN¥20.50CN¥13.50CN¥7.7711
Aug ’24CN¥13.25
CN¥17.99
+35.8%
10.6%CN¥20.50CN¥13.50CN¥7.949
Jul ’24CN¥12.40
CN¥17.99
+45.1%
10.6%CN¥20.50CN¥13.50CN¥8.219
Jun ’24CN¥12.83
CN¥17.64
+37.5%
11.9%CN¥20.50CN¥13.50CN¥10.2110
May ’24CN¥14.59
CN¥17.06
+16.9%
14.8%CN¥20.50CN¥11.00CN¥10.8610
Apr ’24CN¥16.27
CN¥16.80
+3.3%
16.5%CN¥20.50CN¥11.00CN¥10.9110
Mar ’24CN¥15.79
CN¥16.14
+2.2%
16.0%CN¥20.50CN¥11.00CN¥10.9810
Feb ’24CN¥14.80
CN¥16.59
+12.1%
21.2%CN¥25.00CN¥11.00CN¥9.0010
Jan ’24CN¥14.60
CN¥16.28
+11.5%
21.8%CN¥25.00CN¥11.00CN¥9.8710
Dec ’23CN¥14.10
CN¥16.28
+15.5%
21.8%CN¥25.00CN¥11.00CN¥10.4910

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 12:47
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Songcheng Performance Development Co.,Ltd is covered by 36 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alfred LauBOCOM International Securities Limited
Ronald LeungBofA Global Research
Shanshan ChenCentral China Securities Co., Ltd.