Sound Group Inc.
SOGP · Services-Computer Programming, Data Processing, Etc. · EDGAR filings ↗
Reference price $16.88 — last insider sale, 2026-04-02 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
C54Chinese audio/social-entertainment platform — operating-profitable with positive free cash flow, but very thin gross margin.
Strengths
- Operating profit and positive FCF — operating margin 7% (73rd), FCF $37M (60th), revenue +53%
Risks
- Very thin gross margin — 4% (9th)
- China/regulatory and licensing risk — per 10-K
- Content-cost and competition risk — per 10-K
Notable findings
- Notable holderHeld by 1 notable fund(s): CITADEL ADVISORS LLC (as of 2026-03-31)
Key metrics
Gross margin
29.2%
Operating margin
7.0%
Net margin
7.1%
Return on equity
55.0%
Return on assets
29.4%
Revenue growth (QoQ)
59.4%
Current ratio
1.9×
Free cash flow
$40M
Tangible book value
$57M
Cash & investments
$94M
Stock comp / revenue
0.1%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-21 | Lai Jinnan (Marco) | Other | 40K | — |
| 2026-04-21 | Lai Jinnan (Marco) | Other | 8.0M | — |
| 2026-04-02 | Zhang Ming | Sell | 1.0K | $16.88 |
| 2026-04-02 | Zhang Ming | Sell | 1 | $15.05 |
All non-derivative Form 4 activity (SEC), newest first.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-30 | 2025-12-31 | 0001493152-26-019716 ↗ |
| 20-F | 2025-04-29 | 2024-12-31 | 0001410578-25-000976 ↗ |
| 20-F | 2024-10-31 | 2023-12-31 | 0001410578-24-001728 ↗ |
| 20-F | 2023-04-28 | 2022-12-31 | 0001104659-23-051892 ↗ |
| 20-F | 2022-04-27 | 2021-12-31 | 0001193125-22-123622 ↗ |
| 20-F | 2021-03-26 | 2020-12-31 | 0001193125-21-096539 ↗ |
| 20-F | 2020-04-20 | 2019-12-31 | 0001193125-20-112157 ↗ |