Sound Group Inc. (SOGP) intrinsic value & 10-year financials
Sound Group Inc. (SOGP) has a Graham intrinsic value of CNY 7.97 per share. Over the last 10 fiscal years revenue grew 27.2% a year to CNY 3.1B, with an average return on invested capital of 16.2%.
- Graham intrinsic value
- CNY 7.97
- Revenue (FY2025)
- CNY 3.1B
- Revenue growth (10-yr CAGR)
- 27.2%
- ROIC (10-yr avg)
- 16.2%
- Free cash flow (FY2025)
- CNY 276.6M
SOGP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | CNY 3.1B | CNY 220.6M | CNY 0.24 | CNY 276.6M | 7.0% | -97.6% |
| FY2024 | CNY 2.0B | -CNY 81.0M | -CNY 0.07 | -CNY 37.5M | -4.4% | 46.4% |
| FY2023 | CNY 2.1B | -CNY 134.5M | -CNY 0.12 | -CNY 123.0M | -7.1% | 103.6% |
| FY2022 | CNY 2.2B | CNY 86.5M | CNY 0.08 | CNY 124.6M | 3.1% | -46.5% |
| FY2021 | CNY 2.1B | -CNY 127.2M | -CNY 0.13 | -CNY 60.5M | -6.5% | 92.8% |
| FY2020 | CNY 1.5B | -CNY 82.2M | -CNY 0.27 | CNY 18.8M | -5.9% | 8.1% |
| FY2019 | CNY 1.2B | -CNY 133.0M | -CNY 4.13 | -CNY 123.6M | -12.0% | 6.8% |
| FY2018 | CNY 798.6M | -CNY 9.3M | -CNY 0.87 | -CNY 199.0K | -1.5% | — |
| FY2017 | CNY 453.5M | -CNY 153.7M | -CNY 1.73 | -CNY 39.3M | -33.1% | — |
| FY2016 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in CNY.
Executive summary
Sound Group Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Sound Group Inc. has earned high returns on invested capital, averaging 16.2% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Sound Group Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Sound Group Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $7.97 per share.