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Songcheng Performance Development Co Ltd
SZSE:300144

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Songcheng Performance Development Co Ltd
SZSE:300144
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Price: 7.7 CNY -0.65% Market Closed
Market Cap: ¥20.2B

P/FCFE

18
Current
20%
Cheaper
vs 3-y average of 22.4

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
18
=
Market Cap
¥20.4B
/
Free Cash Flow to Equity
¥1.1B

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
18
=
Market Cap
¥20.4B
/
Free Cash Flow to Equity
¥1.1B

Valuation Scenarios

Songcheng Performance Development Co Ltd is trading below its 3-year average

If P/FCFE returns to its 3-Year Average (22.4), the stock would be worth ¥9.6 (25% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+47%
Average Upside
33%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 18 ¥7.7
0%
3-Year Average 22.4 ¥9.6
+25%
5-Year Average 25.8 ¥11.07
+44%
Industry Average 21.2 ¥9.11
+18%
Country Average 26.4 ¥11.32
+47%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close

Market Distribution

In line with most companies in China
Percentile
39th
Based on 5 086 companies
39th percentile
18
Low
0.2 — 13.7
Typical Range
13.7 — 52.8
High
52.8 —
Distribution Statistics
China
Min 0.2
30th Percentile 13.7
Median 26.4
70th Percentile 52.8
Max 2 279 450.9

Songcheng Performance Development Co Ltd
Glance View

Songcheng Performance Development Co Ltd has orchestrated a fascinating narrative of growth and cultural entrepreneurship, transforming itself into one of China's leading purveyors of live entertainment. Founded on a vision of bringing traditional Chinese culture to the forefront of modern amusement, the company has built a portfolio of theme parks and live performances that captivate millions annually. The company breathes life into ancient tales and folklore through meticulously planned stage shows, allowing audiences to immerse themselves in a world of theatrical wonder. By blending cultural storytelling with cutting-edge technology, Songcheng Performance creates experiences that are both engaging and educational, ensuring a steady stream of visitors who are eager to witness the enchantment firsthand. Revenue streams flow primarily from ticket sales at its numerous theme parks and entertainment venues, strategically located across China’s burgeoning tourist hotspots. These parks, designed with thematic vigor, combine lush landscapes with theatrically orchestrated environments, ensuring visitors a holistic cultural immersion. Additionally, Songcheng Performance taps into secondary income streams through merchandise sales, concessions, and franchising of their business model to new locations. This diversified approach not only fortifies their position against market volatility but also amplifies their reach. As China continues to develop its domestic tourism sector, Songcheng Performance stands as a beacon of innovation, showcasing the commercial potential nestled within cultural heritage.

Intrinsic Value
6.88 CNY
Overvaluation 11%
Intrinsic Value
Price ¥7.7
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