Songcheng Performance Develop
Songcheng Performance Development Co.,Ltd operates in the performing arts industry in China. The company operates tourism resorts and theme parks; and performs art shows under Songcheng and the Eternal Love Series brand names. It also provides leisure tourism, live entertainment, and online entertainment services; and development of tourism resources, tourism planning and design, artistic creatio… Read more
Songcheng Performance Develop (300144) - Total Assets
Latest total assets as of September 2025: CN¥10.15 Billion CNY
Based on the latest financial reports, Songcheng Performance Develop (300144) holds total assets worth CN¥10.15 Billion CNY as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Songcheng Performance Develop - Total Assets Trend (2007–2024)
This chart illustrates how Songcheng Performance Develop’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Songcheng Performance Develop - Asset Composition Analysis
Current Asset Composition (December 2024)
Songcheng Performance Develop's total assets of CN¥10.15 Billion consist of 42.2% current assets and 57.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 30.0% |
| Accounts Receivable | CN¥35.11 Million | 0.4% |
| Inventory | CN¥7.50 Million | 0.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥934.85 Million | 9.5% |
| Goodwill | CN¥1.57 Million | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Songcheng Performance Develop's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Songcheng Performance Develop's current assets represent 42.2% of total assets in 2024, an increase from 24.8% in 2007.
- Cash Position: Cash and equivalents constituted 30.0% of total assets in 2024, up from 12.8% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, a decrease from 37.0% in 2007.
- Asset Diversification: The largest asset category is intangible assets at 9.5% of total assets.
Songcheng Performance Develop Competitors by Total Assets
Key competitors of Songcheng Performance Develop based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Bicycle Co Holdings Ltd
SHE:000017
|
China | CN¥466.52 Million |
|
Sportsoul Co. Ltd. A
SHE:001300
|
China | CN¥1.27 Billion |
|
HL Corp Shenzhen
SHE:002105
|
China | CN¥1.61 Billion |
|
Goldlok Toys Holdings Guangdong Co Ltd
SHE:002348
|
China | CN¥715.63 Million |
|
Guangdong Qunxing Toys Joint-Stock Co Ltd
SHE:002575
|
China | CN¥929.34 Million |
|
Shanghai Yaoji Playing Card Co Ltd
SHE:002605
|
China | CN¥5.25 Billion |
|
Xiamen Comfort Science&Technology Group Co Ltd
SHE:002614
|
China | CN¥7.61 Billion |
|
Shifeng Cultural Development Co Ltd
SHE:002862
|
China | CN¥707.49 Million |
Songcheng Performance Develop - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Songcheng Performance Develop generates 0.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Songcheng Performance Develop generates $ 10.71 in net profit.
Songcheng Performance Develop - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 6.12 | 5.80 | 2.76 |
| Quick Ratio | 6.11 | 5.79 | 2.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥3.90 Billion | CN¥ 3.36 Billion | CN¥ 1.22 Billion |
Songcheng Performance Develop - Advanced Valuation Insights
This section examines the relationship between Songcheng Performance Develop's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.71 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | 8.1% |
| Total Assets | CN¥9.80 Billion |
| Market Capitalization | $1.62 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Songcheng Performance Develop's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Songcheng Performance Develop's assets grew by 8.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Songcheng Performance Develop (2007–2024)
The table below shows the annual total assets of Songcheng Performance Develop from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.80 Billion | +8.06% |
| 2023-12-31 | CN¥9.07 Billion | -3.77% |
| 2022-12-31 | CN¥9.42 Billion | -4.13% |
| 2021-12-31 | CN¥9.83 Billion | +6.86% |
| 2020-12-31 | CN¥9.20 Billion | -16.72% |
| 2019-12-31 | CN¥11.04 Billion | +2.07% |
| 2018-12-31 | CN¥10.82 Billion | +23.56% |
| 2017-12-31 | CN¥8.75 Billion | +15.69% |
| 2016-12-31 | CN¥7.57 Billion | +8.31% |
| 2015-12-31 | CN¥6.99 Billion | +81.84% |
| 2014-12-31 | CN¥3.84 Billion | +11.19% |
| 2013-12-31 | CN¥3.46 Billion | +8.03% |
| 2012-12-31 | CN¥3.20 Billion | +5.17% |
| 2011-12-31 | CN¥3.04 Billion | +2.26% |
| 2010-12-31 | CN¥2.97 Billion | +318.84% |
| 2009-12-31 | CN¥710.16 Million | +56.84% |
| 2008-12-31 | CN¥452.78 Million | +38.13% |
| 2007-12-31 | CN¥327.78 Million | -- |