Beijing Sports and Entertainment Industry Group (1803) AI Stock Analysis

• Market Cap: HK$109.83M
• Dividend Yield: N/A
• Average Volume (3M): 370.25K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.80
• Revenue Growth: 157.17%
• EPS Growth: 39.38%
• Country: HK
• Employees: 128
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): >-0.01
• Shares Outstanding: 1,408,019,000
• 10 Day Avg. Volume: 57,750
• 30 Day Avg. Volume: 370,250
• PEG Ratio: 0.10
• Price to Book (P/B): 1.14
• Price to Sales (P/S): 0.75
• P/FCF Ratio: -4.20
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: HK$0.08 ▼(-16.67% Downside)

The score is driven primarily by weak financial performance (ongoing losses, negative margins, and negative operating/free cash flow) and a deteriorating equity position. Technicals add further pressure with a sub-trend price and negative MACD, while valuation is hard to justify given negative earnings and no provided dividend yield.

Positive Factors

Reported high revenue growth

A reported ~157% revenue increase indicates the company can grow top-line rapidly and capture demand in its niche. If management sustains unit economics and converts scale into stable operations, this growth provides a durable runway to build market presence over coming months.

Positive cash position and reasonable equity financing

Maintaining a positive cash position and an equity ratio that indicates reasonable equity financing gives the company short-term liquidity to operate and execute restructuring or growth initiatives. This buffer supports continuity while management addresses profitability gaps.

Clear sector focus in leisure and entertainment

A concentrated business model in sports and entertainment aligns the company with structural consumer demand for leisure experiences. Sector focus supports strategic clarity, repeatable revenue opportunities, and easier prioritization of investments to rebuild margins if execution and monetization improve.

Negative Factors

Persistent unprofitability and negative margins

Negative net, EBIT, and EBITDA margins indicate entrenched profitability issues. Persistent losses erode retained capital, limit reinvestment, and increase pressure to secure external funding. Without structural margin improvement, long-term viability and investor confidence remain impaired.

Weak and negative operating cash generation

Repeated negative operating and free cash flow means the business does not reliably generate surplus cash from core operations. This structural cash shortfall forces dependence on external financing, restricts capex and marketing investment, and raises solvency and execution risk.

Declining equity and moderate leverage

Moderate leverage combined with falling shareholders' equity reduces financial resilience. Erosion of equity narrows buffers against downturns, limits borrowing capacity on favorable terms, and heightens the risk that funding constraints will impede recovery while losses persist.

Beijing Sports and Entertainment Industry Group Business Overview & Revenue Model

Company Description

Beijing Sports and Entertainment Industry Group Limited, an investment holding company, primarily operates in the sports and entertainment-related industry in Mainland China and rest of Asian countries. The company engages in the construction, operation, and management of air domes; and materials processing for air dome construction. It also offers sports industry related consultation and management services. The company was formerly known as ASR Logistics Holdings Limited and changed its name to Beijing Sports and Entertainment Industry Group Limited in June 2016. Beijing Sports and Entertainment Industry Group Limited was founded in 1991 and is headquartered in Beijing, the People's Republic of China.

How the Company Makes Money

The company generates revenue through multiple streams, including ticket sales from sporting events, sponsorship deals with brands looking to align themselves with popular sports and entertainment figures, and merchandising related to events and athletes. Additionally, Beijing Sports and Entertainment Industry Group capitalizes on media rights by selling broadcasting rights for its events to television networks and digital platforms. Strategic partnerships with local and international brands further enhance its financial performance, allowing for joint ventures and collaborative marketing initiatives that broaden its audience reach and revenue potential.

Beijing Sports and Entertainment Industry Group Financial Statement Overview

Summary

Financial performance is weak: inconsistent revenue trends, low gross margins, and persistently negative net/EBIT/EBITDA margins. The balance sheet shows moderate leverage but declining equity and negative ROE, while operating and free cash flow are frequently negative, raising funding and sustainability risk.

Income Statement

The company has struggled to maintain a stable revenue stream with significant fluctuations in recent years. Revenue growth rate is inconsistent, with a notable increase from 2023 to 2024. Gross profit margins have been low, reflecting challenges in cost management. Net profit margins remain negative, indicating ongoing losses. EBIT and EBITDA margins are also negative, highlighting operational inefficiencies and profitability challenges.

Balance Sheet

The balance sheet reflects moderate leverage with a fluctuating debt-to-equity ratio. Equity ratio indicates a reasonable level of equity financing, but the declining stockholders' equity over recent years is concerning. The return on equity remains negative, aligning with the company's overall unprofitability. While the company maintains a positive cash position, the erosion of equity is a potential risk.

Cash Flow

The company has faced challenges with cash flow generation, with operating cash flow frequently being negative and free cash flow remaining negative. There is no consistent pattern of free cash flow growth, reflecting difficulties in generating surplus cash from operations. This weak cash flow performance is a concern for funding ongoing operations and growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	185.29M	169.65M	62.39M	68.57M	218.72M	120.88M
Gross Profit	17.78M	26.43M	13.12M	14.12M	56.62M	10.81M
EBITDA	-45.15M	-26.93M	-47.47M	-77.88M	-25.47M	-17.80M
Net Income	-27.35M	-22.85M	-49.02M	-66.63M	-38.80M	-11.86M
Balance Sheet
Total Assets	410.64M	421.69M	335.20M	386.52M	557.61M	653.85M
Cash, Cash Equivalents and Short-Term Investments	134.70M	92.57M	95.36M	118.90M	154.59M	171.88M
Total Debt	82.18M	55.14M	33.24M	39.79M	48.17M	57.30M
Total Liabilities	278.14M	269.85M	145.89M	130.92M	194.88M	244.61M
Stockholders Equity	98.95M	111.28M	134.97M	198.38M	281.13M	324.18M
Cash Flow
Free Cash Flow	-30.99M	-30.19M	-4.46M	-72.26M	-2.19M	-47.03M
Operating Cash Flow	-28.56M	-27.77M	-3.36M	-70.24M	17.13M	-27.66M
Investing Cash Flow	-9.79M	-6.72M	-5.10M	100.63M	-65.14M	55.67M
Financing Cash Flow	32.78M	24.13M	-8.25M	-8.19M	-905.00K	-26.79M

Beijing Sports and Entertainment Industry Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.09
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1803, the sentiment is Negative. The current price of 0.09 is above the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.09, and below the 200-day MA of 0.11, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 37.74 is Neutral, neither overbought nor oversold. The STOCH value of 48.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1803.

Beijing Sports and Entertainment Industry Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
2255	45 Neutral	HK$6.87B	-4.10	-50.43%	―	-8.83%	-393.39%
0180	43 Neutral	HK$206.28M	-1.01	-10.53%	―	-7.61%	-37.66%
0381	43 Neutral	HK$205.53M	-0.68	-41.64%	―	19.25%	-263.84%
1803	41 Neutral	HK$109.83M	-4.02	-24.34%	―	157.17%	39.38%
0361	41 Neutral	HK$392.03M	-21.61	-7.42%	―	-5.36%	-63.16%
0419	41 Neutral	HK$518.75M	-3.02	-113.77%	―	-27.43%	-67.00%

Beijing Sports and Entertainment Industry Group Corporate Events

Beijing Sports and Entertainment Industry Group Issues Chinese-Language Regulatory Announcement

Beijing Sports and Entertainment Industry Group Limited, a Cayman Islands-incorporated sports and entertainment company listed in Hong Kong, announced that it has released an additional regulatory announcement in Chinese on the Hong Kong Stock Exchange website. The notice, issued under the stock code 1803 and signed by Chairman Liu Xue Heng, indicates that the Chinese-language document contains further information for investors, although no details of its contents are provided, underscoring the company’s ongoing compliance with disclosure requirements for different language markets.

The most recent analyst rating on (HK:1803) stock is a Hold with a HK$0.10 price target. To see the full list of analyst forecasts on Beijing Sports and Entertainment Industry Group stock, see the HK:1803 Stock Forecast page.

Beijing Sports and Entertainment Industry Group Issues Regulatory Announcement

Beijing Sports and Entertainment Industry Group Limited has issued an overseas regulatory announcement, which was published on the Hong Kong Stock Exchange’s website. This announcement, made by the company’s chairman, Liu Xue Heng, provides information about the company’s board of directors, highlighting the executive, non-executive, and independent non-executive directors. The announcement may have implications for stakeholders in terms of transparency and governance, although specific details about the announcement’s content were not provided.

The most recent analyst rating on (HK:1803) stock is a Hold with a HK$0.10 price target. To see the full list of analyst forecasts on Beijing Sports and Entertainment Industry Group stock, see the HK:1803 Stock Forecast page.