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Beijing Sports and Entertainment Industry Group Ltd (1803) Fair Value & Analysis

Consumer Cyclical · HK · Market cap HK$132M

BS Beijing Sports and Entertainment Industry Group Ltd 1803 · HK
PriceHK$0.0780
Fair ValueHK$0.0406
Upside-48.0%
Quality43/100
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Expensive Growth
Loss-making · -13.0% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/10)
Narrow moat 0/100
Evidence: Low Range HK$0.0406 – HK$0.0562 Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 3 days ago

Share price −2.5% over the past month.

Below-average quality, and screening another 48% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$0.0562). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

HK$0.2950 HK$0.0560 Fair Value HK$0.0406 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$0.0560 – HK$0.2950 · fair‑value band HK$0.0406 – HK$0.0562 · the HK$0.0780 price screens above the HK$0.0406 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Beijing Sports and Entertainment Industry Group Ltd (1803) currently trades at HK$0.0780, while our model-based Fair Value estimate is HK$0.0406, implying the stock looks roughly 48.0% overvalued today. The Quality Score stands at 43/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, Beijing Sports and Entertainment Industry Group Ltd generated revenue of HK$191M at a net margin of -13.0%. Revenue grew 4.6% year over year. It earns a return on equity of -27.5%. The balance sheet holds a net cash position of HK$49.4M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$0.0406 (bear case) to HK$0.0562 (bull case); at HK$0.0780, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 58% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 11% fair-value upside, at -48%, 1803 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
NCAV (Graham) HK$0.0300 HK$0.0300 HK$0.0500 50
All 1 models by family
Asset-Based
NCAV (Graham) HK$0.0300 HK$0.0300 HK$0.0500 50

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Key figures & financial health

Revenue (TTM) HK$191M
Revenue growth (YoY) +4.6%
Net margin -13.0%
Return on equity -27.5%
Free cash flow −HK$30.0M FY2025
Operating margin -11.3%
More key figures
EPS (TTM) HK$-0.0100
Net cash HK$49.4M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 42 · Market factors (momentum, volatility) 28

Profitability 8
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 15
Earnings quality: real cash, not paper profit
Fin. Strength 38
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Beijing Sports and Entertainment Industry Group Limited, an investment holding company, operates in the sports and entertainment related industry in Mainland China and Indonesia.

Full company description

Beijing Sports and Entertainment Industry Group Limited, an investment holding company, operates in the sports and entertainment related industry in Mainland China and Indonesia. The company engages in the construction, operation, and management of air-dome facilities for the use in sports, commercial and cultural tourism, industrial and environmental protection, agricultural warehousing, and highland oxygen enrichment. It is also involved in the provision of money lending; manufacturing and sale of white pigment powder; operation of sports and air dome stadiums; materials processing for air dome construction; the provision of other peripheral services such as sports industry related consultation and management services; and trading of goods. 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.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Beijing Sports and Entertainment Industry Group Ltd reported revenue of HK$191M in FY2025 versus HK$219M in FY2021, a compound −3.4%/yr. Reported net income was −HK$24.7M in FY2025.

Growth Quality 34/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$191M
Latest YoY
+12.3%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+40.6%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+9.5%
Avg. growth/yr (17Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−2.5%
Revenue −3.4%/yr
FY21 HK$219M
FY22 HK$68.6M
FY23 HK$62.4M
FY24 HK$170M
FY25 HK$191M
Net income
FY21 −HK$38.8M
FY22 −HK$66.6M
FY23 −HK$49.0M
FY24 −HK$22.8M
FY25 −HK$24.7M

1803 screens 48% overvalued. Compare with ANTA Sports Products Limited →

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Cite: Fair Value Calculator (2026). "Beijing Sports and Entertainment Industry Group Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1803

Peer Group

Leisure · 190 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 42 · Bottom 25%
Fair Value upside −49% · Below median
Return on assets -6% · Bottom 25%
Net margin (TTM) -13% · Bottom 25%
Operating margin (TTM) -11% · Bottom 25%
Revenue growth 5% · Above median

Valuation Multiples vs Leisure median · lower = cheaper

P/B 0.19× · Cheaper than 75% of peers
P/S (TTM) 0.09× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 18
FUTURE 23 · sector 17
PAST 0 · sector 19
HEALTH 100 · sector 95
DIVIDEND 0 · sector 54

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Leisure stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
ANTA Sports Products Limited 2020 HK$72.80 HK$119.82 +65%
Pop Mart International Group 9992 HK$151.00 HK$227.30 +51%
Amer Sports, Inc AS $33.03 $16.16 -51%
Hasbro, Inc HAS $94.89 $81.97 -14%
Life Time Group LTH $43.81 $15.61 -64%
Ninebot Limited 689009 ¥44.94 ¥39.73 -12%
Li Ning Company 2331 HK$14.59 HK$29.45 +102%
Asmodee Group ASMDEEB kr 158.70 kr 96.65 -39%
Smartfit Escola de Ginástica e Dança S.A SMFT3 R$17.25 R$22.90 +33%
Songcheng Performance Development Co 300144 ¥6.17 ¥6.85 +11%

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Frequently asked questions

Is Beijing Sports and Entertainment Industry Group Ltd (1803) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$0.0406 versus a price of HK$0.0780, about −48% (overvalued).
What is the fair value of 1803?
Our model-based fair value for Beijing Sports and Entertainment Industry Group Ltd is HK$0.0406 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$0.0780.
What is the quality score of 1803?
Beijing Sports and Entertainment Industry Group Ltd has a Quality Score of 43/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Beijing Sports and Entertainment Industry Group Ltd (1803)?
Beijing Sports and Entertainment Industry Group Ltd reported trailing-twelve-month revenue of about HK$191M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1803?
The net profit margin of Beijing Sports and Entertainment Industry Group Ltd is about -13.0%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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