NASDAQ : SOGP
Sound Group Inc. — Financial statements
Communication Services · Internet Content & Information · Singapore
Last price 11.2 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 46.92M
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Financial statements
Sound Group Inc. (SOGP) reported revenue of 3.44B CNY (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 3.44B | 3.10B | 2.03B | 2.07B | 2.19B | 2.12B |
| Cost of Revenue | 2.41B | 2.20B | 1.47B | 1.49B | 1.47B | 1.50B |
| Gross Profit | 1.03B | 905.16M | 556.86M | 585.38M | 716.35M | 617.01M |
| Selling, General & Admin | 510.60M | 447.94M | 413.87M | 431.55M | 366.35M | 490.82M |
| Research & Development | 246.00M | 240.21M | 232.69M | 301.49M | 283.35M | 264.71M |
| Operating Expenses | 756.60M | 688.16M | 646.56M | 733.04M | 649.69M | 755.53M |
| Operating Income | 272.63M | 217.00M | -89.70M | -147.67M | 66.65M | -138.52M |
| Interest Expense | -28.00K | -416.00K | -1.56M | -2.47M | -2.90M | |
| Interest & Investment Income | 7.27M | 7.27M | 10.04M | 10.82M | 7.28M | |
| Currency Exchange Gain (Loss) | -2.03M | -1.02M | -4.21M | -1.49M | -1.05M | -738.00K |
| Other Non Operating Income (Expenses) | -1.96M | 209.00K | 6.57M | 5.82M | 16.30M | 15.29M |
| EBT Excluding Unusual Items | 275.90M | 223.43M | -77.72M | -134.08M | 86.71M | -126.87M |
| Pretax Income | 275.90M | 223.43M | -77.72M | -134.08M | 86.71M | -126.87M |
| Income Tax Expense | 2.29M | 2.78M | 3.26M | 434.00K | 207.00K | 376.00K |
| Earnings From Continuing Operations | 273.61M | 220.65M | -80.98M | -134.51M | 86.50M | -127.25M |
| Minority Interest in Earnings | 5.86M | 5.83M | 11.40M | 7.86M | 13.00K | |
| Net Income | 279.48M | 226.48M | -69.58M | -126.65M | 86.52M | -127.25M |
| Net Income to Common | 279.48M | 226.48M | -69.58M | -126.65M | 86.52M | -127.25M |
| Shares Outstanding (Basic) | 4.26M | 4.70M | 5.13M | 5.39M | 5.18M | 4.96M |
| Shares Outstanding (Diluted) | 4.28M | 4.72M | 5.13M | 5.39M | 5.19M | 4.96M |
| EPS (Basic) | 65.61 | 48.15 | -13.55 | -23.48 | 16.69 | -25.66 |
| EPS (Diluted) | 63.98 | 48.00 | -14.00 | -24.00 | 16.00 | -26.00 |
| Free Cash Flow | 276.58M | -37.54M | -123.01M | 124.58M | -60.50M | |
| Free Cash Flow Per Share | 58.62 | -7.31 | -22.80 | 23.99 | -12.20 | |
| Gross Margin | 29.96% | 29.17% | 27.41% | 28.26% | 32.78% | 29.11% |
| Operating Margin | 7.94% | 6.99% | -4.42% | -7.13% | 3.05% | -6.54% |
| Profit Margin | 8.13% | 7.30% | -3.43% | -6.11% | 3.96% | -6.00% |
| Free Cash Flow Margin | 8.91% | -1.85% | -5.94% | 5.70% | -2.85% | |
| EBITDA | 278.42M | 224.66M | -78.33M | -133.47M | 85.91M | -117.61M |
| EBITDA Margin | 8.10% | 7.24% | -3.85% | -6.44% | 3.93% | -5.55% |
| D&A For EBITDA | 5.80M | 7.66M | 11.37M | 14.20M | 19.26M | 20.91M |
| EBIT | 272.63M | 217.00M | -89.70M | -147.67M | 66.65M | -138.52M |
| EBIT Margin | 7.94% | 6.99% | -4.42% | -7.13% | 3.05% | -6.54% |
| Effective Tax Rate | 0.83% | 1.24% | 0.24% |
Balance sheet
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 721.12M | 655.06M | 441.86M | 494.96M | 568.19M | 533.29M |
| Short-Term Investments | 5.82M | 7.92M | 5.62M | 116.64M | 7.79M | |
| Cash & Short-Term Investments | 721.12M | 660.87M | 449.77M | 500.59M | 684.83M | 541.08M |
| Accounts Receivable | 972.00K | 1.08M | 1.56M | 3.23M | 6.46M | |
| Other Receivables | 12.30M | 3.05M | 6.40M | 2.61M | 5.65M | |
| Receivables | 13.27M | 4.13M | 7.95M | 5.84M | 12.11M | |
| Prepaid Expenses | 52.71M | |||||
| Restricted Cash | 6.46M | 4.84M | 11.30M | 2.65M | 10.32M | 4.16M |
| Other Current Assets | 31.57M | 24.14M | 21.89M | 22.49M | 20.17M | |
| Total Current Assets | 780.29M | 710.56M | 489.35M | 533.09M | 723.49M | 577.51M |
| Property, Plant & Equipment | 32.09M | 35.64M | 29.18M | 31.28M | 51.66M | 62.33M |
| Long-Term Investments | 6.00M | |||||
| Other Intangible Assets | 601.00K | 879.00K | 1.18M | 1.39M | 1.18M | 2.25M |
| Other Long-Term Assets | 5.16M | 2.54M | 1.73M | 818.00K | 799.00K | |
| Total Assets | 824.23M | 749.61M | 521.44M | 566.57M | 776.34M | 642.89M |
| Accounts Payable | 66.40M | 58.75M | 39.38M | 43.18M | 53.83M | 80.79M |
| Accrued Expenses | 232.19M | 238.03M | 198.74M | 179.61M | 178.81M | 169.05M |
| Short-Term Debt | 7.19M | 73.77M | 69.00M | |||
| Current Portion of Leases | 14.12M | 14.62M | 8.24M | 10.35M | 18.37M | 13.93M |
| Current Income Taxes Payable | 7.14M | 926.00K | 1.90M | 496.00K | 557.00K | 450.00K |
| Current Unearned Revenue | 38.00M | 38.24M | 30.96M | 29.25M | 35.68M | 20.66M |
| Other Current Liabilities | 14.79M | 16.31M | 9.74M | 10.51M | 12.62M | |
| Total Current Liabilities | 357.85M | 365.36M | 302.71M | 272.62M | 371.53M | 366.50M |
| Long-Term Leases | 8.54M | 9.96M | 4.42M | 3.94M | 8.20M | 17.08M |
| Other Long-Term Liabilities | 3.95M | 4.45M | ||||
| Total Liabilities | 366.39M | 375.32M | 307.13M | 276.56M | 383.67M | 388.03M |
| Common Stock | 590.00K | 590.00K | 725.00K | 725.00K | 711.00K | 698.00K |
| Additional Paid-In Capital | 2.67B | 2.68B | 2.70B | 2.69B | 2.66B | 2.63B |
| Retained Earnings | -2.21B | -2.30B | -2.49B | -2.41B | -2.28B | -2.37B |
| Treasury Stock | -4.79M | -10.16M | -10.18M | -958.00K | -10.00K | -11.00K |
| Comprehensive Income & Other | 28.97M | 32.78M | 29.80M | 17.92M | 14.56M | -9.76M |
| Total Common Equity | 487.48M | 401.06M | 235.29M | 299.48M | 392.68M | 254.85M |
| Minority Interest | -29.64M | -26.77M | -20.98M | -9.46M | -13.00K | |
| Shareholders' Equity | 457.83M | 374.30M | 214.31M | 290.01M | 392.66M | 254.85M |
| Total Liabilities & Equity | 824.23M | 749.61M | 521.44M | 566.57M | 776.34M | 642.89M |
| Total Debt | 22.65M | 24.58M | 19.85M | 14.29M | 100.33M | 100.00M |
| Net Cash (Debt) | 698.47M | 636.29M | 429.92M | 486.30M | 584.50M | 441.07M |
| Net Cash Per Share | 163.10 | 134.87 | 83.75 | 90.14 | 112.55 | 88.95 |
| Filing Date Shares Outstanding | 4.19M | 4.17M | 4.94M | 4.93M | 5.18M | 5.07M |
| Total Common Shares Outstanding | 4.19M | 4.17M | 4.93M | 5.25M | 5.17M | 5.07M |
| Working Capital | 422.45M | 345.20M | 186.64M | 260.46M | 351.97M | 211.01M |
| Book Value Per Share | 116.38 | 96.26 | 47.68 | 57.03 | 75.89 | 50.27 |
| Tangible Book Value | 486.88M | 400.18M | 234.11M | 298.08M | 391.49M | 252.61M |
| Tangible Book Value Per Share | 116.23 | 96.05 | 47.44 | 56.76 | 75.66 | 49.82 |
| Machinery | 86.12M | 90.08M | 82.62M | 86.19M | 80.92M | |
| Leasehold Improvements | 17.67M | 17.50M | 17.37M | 15.41M | 10.01M |
Cash flow statement
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 226.48M | -69.58M | -126.65M | 86.52M | -127.25M | |
| Depreciation & Amortization | 22.92M | 28.83M | 31.10M | 33.81M | 31.24M | |
| Loss (Gain) From Sale of Assets | 381.00K | 90.00K | -438.00K | 105.00K | ||
| Asset Writedown & Restructuring Costs | 1.11M | |||||
| Stock-Based Compensation | 4.52M | 14.15M | 26.75M | 29.23M | 37.36M | |
| Provision & Write-off of Bad Debts | 69.00K | 90.79M | ||||
| Other Operating Activities | -3.81M | -8.11M | -6.56M | 925.00K | 738.00K | |
| Change in Accounts Receivable | 41.00K | 475.00K | 1.64M | 3.23M | 1.90M | |
| Change in Accounts Payable | 19.37M | -3.81M | -10.65M | -26.96M | 2.53M | |
| Change in Unearned Revenue | 7.28M | 1.71M | -6.43M | 15.02M | 3.66M | |
| Change in Income Taxes | 2.16M | 3.45M | -549.00K | 537.00K | 1.69M | |
| Change in Other Net Operating Assets | -488.00K | 6.31M | -116.05M | -6.15M | 7.71M | |
| Operating Cash Flow | 280.03M | -26.47M | -117.05M | 136.27M | -40.43M | |
| Capital Expenditures | -3.45M | -11.07M | -5.96M | -11.69M | -20.07M | |
| Sale of Property, Plant & Equipment | 317.00K | 197.00K | 1.85M | 79.00K | 9.00K | |
| Sale (Purchase) of Intangibles | -670.00K | -1.10M | -1.26M | -149.00K | -855.00K | |
| Investment in Securities | 111.02M | -111.02M | 73.02M | |||
| Investing Cash Flow | -3.80M | -11.97M | 105.65M | -122.78M | 52.10M | |
| Short-Term Debt Issued | 18.38M | 40.90M | 72.02M | 49.25M | ||
| Total Debt Issued | 18.38M | 40.90M | 72.02M | 49.25M | ||
| Short-Term Debt Repaid | -7.19M | -11.19M | -114.88M | -67.25M | -19.76M | |
| Total Debt Repaid | -7.19M | -11.19M | -114.88M | -67.25M | -19.76M | |
| Net Debt Issued (Repaid) | -7.19M | 7.19M | -73.98M | 4.77M | 29.49M | |
| Issuance of Common Stock | 26.00K | 7.00K | 5.00K | 5.00K | 183.19M | |
| Repurchase of Common Stock | -28.76M | -10.19M | ||||
| Common Dividends Paid | -30.28M | |||||
| Other Financing Activities | 2.30M | |||||
| Financing Cash Flow | -66.20M | -2.99M | -71.67M | 4.77M | 212.68M | |
| Foreign Exchange Rate Adjustments | -3.29M | -3.02M | 2.17M | 22.81M | -6.06M | |
| Net Cash Flow | 206.74M | -44.45M | -80.90M | 41.07M | 218.29M | |
| Free Cash Flow | 276.58M | -37.54M | -123.01M | 124.58M | -60.50M | |
| Free Cash Flow Margin | 8.91% | -1.85% | -5.94% | 5.70% | -2.85% | |
| Free Cash Flow Per Share | 58.62 | -7.31 | -22.80 | 23.99 | -12.20 | |
| Levered Free Cash Flow | 212.27M | -7.58M | -53.59M | 84.90M | -11.07M | |
| Unlevered Free Cash Flow | 212.29M | -7.32M | -52.61M | 86.45M | -9.25M | |
| Cash Interest Paid | 28.00K | 416.00K | 2.05M | 2.23M | 3.14M | |
| Cash Income Tax Paid | 1.81M | 1.86M | 495.00K | 100.00K | 924.00K | |
| Change in Working Capital | 28.36M | 8.14M | -132.04M | -14.33M | 17.49M |
Ratios
Fiscal year January - December; amounts in CNY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 44.40M | 52.36M | 10.69M | 14.50M | 32.43M | 93.62M |
| Enterprise Value | -58.42M | -17.57M | -50.24M | -65.79M | -44.51M | 26.64M |
| Last Close Price | 11.16 | 10.79 | 1.91 | 2.41 | 5.55 | 16.28 |
| PE Ratio | 1.13 | 1.62 | 2.58 | |||
| Forward PE | 7.59 | 7.59 | 7.59 | 2.41 | 43.68 | |
| PS Ratio | 0.09 | 0.12 | 0.04 | 0.05 | 0.10 | 0.28 |
| PB Ratio | 0.65 | 0.98 | 0.36 | 0.35 | 0.57 | 2.33 |
| P/TBV Ratio | 0.65 | 0.92 | 0.33 | 0.34 | 0.57 | 2.35 |
| P/FCF Ratio | 1.12 | 1.32 | 1.80 | |||
| P/OCF Ratio | 1.31 | 1.64 | ||||
| EV/Sales Ratio | 0.08 | |||||
| Debt / Equity Ratio | 0.05 | 0.07 | 0.09 | 0.05 | 0.26 | 0.39 |
| Debt / EBITDA Ratio | 0.08 | 0.10 | 0.88 | |||
| Debt / FCF Ratio | 0.09 | 0.81 | ||||
| Net Debt / Equity Ratio | -1.53 | -1.70 | -2.01 | -1.68 | -1.49 | -1.73 |
| Net Debt / EBITDA Ratio | -2.51 | -2.83 | 5.49 | 3.64 | -6.80 | 3.75 |
| Net Debt / FCF Ratio | -2.30 | 11.45 | 3.95 | -4.69 | 7.29 | |
| Asset Turnover | 4.85 | 4.88 | 3.73 | 3.08 | 3.08 | 3.83 |
| Quick Ratio | 2.02 | 1.84 | 1.50 | 1.86 | 1.86 | 1.51 |
| Current Ratio | 2.18 | 1.95 | 1.62 | 1.96 | 1.95 | 1.58 |
| Return on Equity (ROE) | 74.80% | 74.97% | -32.11% | -39.41% | 26.72% | -60.02% |
| Return on Assets (ROA) | 24.07% | 21.34% | -10.31% | -13.74% | 5.87% | -15.65% |
| Return on Capital Employed (ROCE) | 58.50% | 56.50% | -41.00% | -50.20% | 16.50% | -50.10% |
| Earnings Yield | 88.85% | 61.85% | -89.19% | -123.18% | 38.68% | -21.40% |
| FCF Yield | 88.96% | 75.53% | -48.12% | -119.64% | 55.69% | -10.17% |
| Payout Ratio | 23.36% | 13.37% | ||||
| Buyback Yield / Dilution | 16.61% | 8.10% | 4.84% | -3.89% | -4.73% | -12.29% |