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Songcheng Performance Valuation Multiples

Discover Songcheng Performance's revenue and EBITDA valuation multiples and investment history, alongside public comparables like MSG Entertainment, Grupo CIE, Pursuit, GL Events and more.

Songcheng Performance Overview

About Songcheng Performance

Songcheng Performance Development Co Ltd operates in the performing arts industry. The company is engaged in the operation of Live performances, tourism and leisure, and Internet performance in China.


Founded

1994

HQ

China

Employees

N/A

Website

songcn.com

Sectors

Financials (LTM)

Revenue: $343M
EBITDA: $214M

EV

$2B

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Songcheng Performance Financials

Songcheng Performance reported last 12-month revenue of $343M and EBITDA of $214M.

In the same LTM period, Songcheng Performance generated $224M in gross profit, $214M in EBITDA, and $128M in net income.

Revenue (LTM)


Songcheng Performance P&L

In the most recent fiscal year, Songcheng Performance reported revenue of $333M and EBITDA of $206M.

Songcheng Performance is profitable as of last fiscal year, with gross margin of 65%, EBITDA margin of 62%, and net margin of 36%.

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LTMLast FY202320242025202620272028
Revenue$343M$333M$284M$357M$333M
Gross Profit$224M$216M$189M$241M$216M
Gross Margin65%65%66%68%65%
EBITDA$214M$206M$56M$241M$205M
EBITDA Margin62%62%20%68%62%
EBIT Margin48%47%51%52%46%
Net Profit$128M$121M($16M)$155M$121M
Net Margin37%36%(6%)43%36%

Financial data powered by Morningstar, Inc.

Songcheng Performance Stock Performance

Songcheng Performance has current market cap of $2B, and enterprise value of $2B.

Market Cap Evolution


Songcheng Performance's stock price is $0.94.

Songcheng Performance share price decreased by 5.7% in the last 30 days, and by 24.5% in the last year.

Songcheng Performance has an EPS (earnings per share) of $0.05.

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EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$2B$2B0.0%-5.7%-17.9%-24.5%$0.05

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Songcheng Performance Valuation Multiples

Songcheng Performance trades at 5.6x EV/Revenue multiple, and 9.0x EV/EBITDA.

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EV / Revenue (LTM)


Songcheng Performance Financial Valuation Multiples

As of June 14, 2026, Songcheng Performance has market cap of $2B and EV of $2B.

Songcheng Performance has a P/E ratio of 19.2x.

LTMLast FY202320242025202620272028
EV/Revenue5.6x5.7x6.7x5.4x5.7x
EV/EBITDA9.0x9.3x34.4x7.9x9.3x
EV/EBIT11.6x12.3x13.1x10.3x12.5x
EV/Gross Profit8.5x8.9x10.1x7.9x8.9x
P/E19.2x20.4x(151.6x)15.9x20.4x
EV/FCF17.7x10.1x12.7x11.6x10.1x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

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Songcheng Performance Margins & Growth Rates

Songcheng Performance grew revenue by 8% and EBITDA by 9% in the last fiscal year.

In the most recent fiscal year, Songcheng Performance reported gross margin of 65%, EBITDA margin of 62%, and net margin of 36%.

See estimated margins and future growth rates for Songcheng Performance

Songcheng Performance Margins

Last FY202420252026202720282029
Gross Margin65%68%65%66%
EBITDA Margin62%68%62%62%
EBIT Margin47%52%46%49%
Net Margin36%43%36%39%
FCF Margin57%46%57%23%

Songcheng Performance Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth8%25%(7%)8%
Gross Profit Growth10%28%(11%)10%
EBITDA Growth9%333%(15%)9%
EBIT Growth14%28%(18%)16%
Net Profit Growth15%(1054%)(22%)15%
FCF Growth(56%)9%14%(56%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Songcheng Performance Operational KPIs

Songcheng Performance's Rule of 40 is 70% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Songcheng Performance's Rule of X is 82% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

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LTMLast FY202320242025202620272028
Rule of 4070%70%---
Bessemer Rule of X81%82%---
S&M Expenses to Revenue9%9%4%5%8%
G&A Expenses to Revenue7%7%2%3%2%
R&D Expenses to Revenue2%2%2%2%2%
Opex to Revenue-19%15%15%19%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Songcheng Performance Competitors

Songcheng Performance competitors include MSG Entertainment, Grupo CIE, Pursuit, GL Events, Emerald Holding, PVR INOX, Maoyan Entertainment, Falcons Beyond Global, Funshine Culture Group and Sphere Entertainment.

Most Songcheng Performance public comparables operate across Events.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
MSG Entertainment4.6x4.2x22.0x17.8x
Grupo CIE3.3x-1.4x-
Pursuit3.3x3.3x12.9x12.9x
GL Events1.2x1.1x6.5x6.8x
Emerald Holding3.0x2.9x10.9x10.4x
PVR INOX2.3x2.3x6.9x7.3x
Maoyan Entertainment0.6x0.6x3.1x3.7x
Falcons Beyond Global49.8x-73.8x-

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Investments by Songcheng Performance

Songcheng Performance has invested in 2 companies to date.

Latest investment by Songcheng Performance was on January 13th 2017. Songcheng Performance invested in Spaces in their $7M Series A round (EV/Revenue multiple available to Pro users).

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Latest Investments by Songcheng Performance

Spaces
tiaooo.com
Description
Spaces is a Los Angeles-headquartered studio developing virtual reality and mixed-reality experiences for platforms including Oculus Rift, HTC Vive, Microsoft HoloLens, Samsung Gear VR, PlayStation VR, and Google Cardboard. Formed in January 2016, it collaborates with NBCUniversal, Microsoft, Big Blue Bubble, and Hettema Group on immersive projects. Spaces delivers tools and creative services to push VR boundaries, backed by investors like Comcast Ventures.
tiaooo.com is a Beijing-based online platform dedicated to dance instruction, delivering video tutorials across styles such as street dance, Latin, ballet, and hip-hop to learners worldwide.
HQ CountryUnited StatesChina
HQ City
Los Angeles, CA
Shanghai
Deal Date13 Jan 20171 Oct 2016
RoundSeries ASeries A
Raised$7M$2M
InvestorsComcast Ventures; Songcheng PerformanceQixian Touzi; Songcheng Performance; Tengxun Touzi; Welight Capital; Wuhu Ruichuang Investment
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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About Songcheng Performance

When was Songcheng Performance founded?Songcheng Performance was founded in 1994.
Where is Songcheng Performance headquartered?Songcheng Performance is headquartered in China.
Who is the CEO of Songcheng Performance?Songcheng Performance's CEO is Jiankun Zhang.
Is Songcheng Performance publicly listed?Yes, Songcheng Performance is a public company listed on Shenzhen Stock Exchange.
What is the stock symbol of Songcheng Performance?Songcheng Performance trades under 300144 ticker.
When did Songcheng Performance go public?Songcheng Performance went public in 2010.
Who are competitors of Songcheng Performance?Songcheng Performance main competitors include MSG Entertainment, Grupo CIE, Pursuit, GL Events, Emerald Holding, PVR INOX, Maoyan Entertainment, Falcons Beyond Global, Funshine Culture Group, Sphere Entertainment.
What is the current market cap of Songcheng Performance?Songcheng Performance's current market cap is $2B.
What is the current revenue of Songcheng Performance?Songcheng Performance's last 12 months revenue is $343M.
What is the current revenue growth of Songcheng Performance?Songcheng Performance revenue growth (NTM/LTM) is 7%.
What is the current EV/Revenue multiple of Songcheng Performance?Current revenue multiple of Songcheng Performance is 5.6x.
What is the current EBITDA of Songcheng Performance?Songcheng Performance's last 12 months EBITDA is $214M.
What is Songcheng Performance's EBITDA margin?Songcheng Performance's last 12 months EBITDA margin is 62%.
What is the current EV/EBITDA multiple of Songcheng Performance?Current EBITDA multiple of Songcheng Performance is 9.0x.
What is the current FCF of Songcheng Performance?Songcheng Performance's last 12 months FCF is $108M.
What is Songcheng Performance's FCF margin?Songcheng Performance's last 12 months FCF margin is 32%.
What is the current EV/FCF multiple of Songcheng Performance?Current FCF multiple of Songcheng Performance is 17.7x.
How many companies Songcheng Performance has acquired to date?Songcheng Performance hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Songcheng Performance has invested to date?As of June 2026, Songcheng Performance has invested in 2 companies.
What was the last Songcheng Performance investment?On 13th January 2017 Songcheng Performance invested in Spaces, participating in a $7M Series A round, alongside Comcast Ventures.
In what companies Songcheng Performance invested in?Songcheng Performance invested in Spaces and tiaooo.com.

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