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Sunac China Holdings
(OTC:1918)
Sunac China Holdings (1918) vs. S&P 500 (SPY)
Sunac China Holdings Business Overview & Revenue Model
Sunac China Holdings Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 74.02B | 154.23B | 96.75B | 198.39B | 230.59B | Gross Profit |
| 1.40B | -2.50B | -3.90B | -12.81B | 48.40B | EBIT |
| -10.94B | -1.93B | -18.11B | -39.13B | 32.52B | EBITDA |
| -5.75B | 3.40B | -14.99B | -37.79B | 34.54B | Net Income Common Stockholders |
| -25.70B | -7.97B | -27.67B | -38.26B | 35.85B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 8.37B | 7.68B | 12.71B | 15.36B | 102.17B | Total Assets |
| 882.88B | 977.85B | 1.09T | 1.18T | 1.11T | Total Debt |
| 260.11B | 278.41B | 45.59B | 322.44B | 304.10B | Net Debt |
| 252.38B | 271.35B | 33.99B | 308.09B | 205.39B | Total Liabilities |
| 827.74B | 894.07B | 1.00T | 1.05T | 930.57B | Stockholders Equity |
| 40.52B | 62.43B | 58.47B | 82.47B | 125.63B |
| Cash Flow | Free Cash Flow | |||
| 0.00 | -16.65B | 16.98B | -51.21B | 57.30B | Operating Cash Flow |
| 0.00 | -15.79B | 20.74B | -40.05B | 73.71B | Investing Cash Flow |
| 0.00 | 2.74B | 5.57B | -32.87B | -17.23B | Financing Cash Flow |
| 0.00 | 8.48B | -29.11B | -11.45B | -35.38B |
Sunac China Holdings Technical Analysis
Sunac China Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $181.84B | 6.56 | 9.66% | 6.59% | 9.97% | -19.80% | |
60 Neutral | $2.81B | 11.05 | 0.20% | 8508.34% | 6.12% | -16.02% | |
40 Underperform | $2.25B | ― | -90.47% | ― | -1.96% | -17.34% | |
33 Underperform | $15.23B | ― | -49.73% | ― | -52.23% | -42.48% | |
31 Underperform | $3.64B | ― | -71.13% | ― | -50.18% | 12.86% |
Sunac China Holdings Corporate Events
Sunac China Holdings Limited, a company incorporated in the Cayman Islands, is currently involved in a legal proceeding concerning a winding-up petition. The High Court has adjourned the hearing of this petition to 25 August 2025. The company plans to provide updates to its shareholders and investors as necessary, advising caution when dealing with its securities.
Sunac China Holdings Limited has announced significant progress in its offshore debt restructuring efforts. The company has reached an agreement with major creditors holding approximately US$1.3 billion in debt, with additional creditors expressing support. This restructuring plan aims to address offshore debt risks, establish a sustainable capital structure, and support long-term business recovery by offering creditors the opportunity to convert debt into equity. The company urges all creditors to join the restructuring agreement to ensure a successful outcome.
Sunac China Holdings Limited reported unaudited operational data for March 2025, revealing a contracted sales value of approximately RMB1.46 billion and a contracted sales area of around 86 thousand square meters. The average selling price was approximately RMB16,980 per square meter. By the end of March 2025, the company achieved a total contracted sales value of approximately RMB10.10 billion over a contracted sales area of 350 thousand square meters, with an average selling price of RMB28,860 per square meter. The data, based on preliminary internal information, is subject to change and should be cautiously interpreted by investors.
Sunac China Holdings reported a significant decline in revenue for the year ended December 31, 2024, with a 52% drop to approximately RMB74.02 billion. Despite achieving a gross profit of RMB2.89 billion, the company faced a substantial loss attributable to owners of approximately RMB25.70 billion, largely due to the absence of gains from offshore debt restructuring that were recorded in the previous year. The company’s cash balance decreased to RMB19.75 billion, and total borrowings were reduced by approximately RMB18.16 billion to RMB259.67 billion. The board did not recommend a final dividend for the year, reflecting ongoing financial challenges.
Sunac China Holdings Limited has announced the composition of its board of directors and their respective roles within the company. The board includes a mix of executive, non-executive, and independent non-executive directors, with Mr. Sun Hongbin serving as the Chairman and Mr. Wang Mengde as the CEO. The company has also outlined the members of its four board committees, which focus on audit, nomination, remuneration, and environmental, social, and governance (ESG) matters. This announcement highlights the company’s governance structure, which is crucial for stakeholders to understand its leadership dynamics and strategic oversight.
Sunac China Holdings Limited has established a Nomination Committee to oversee the structure, size, and composition of its Board of Directors. This committee is tasked with ensuring the board’s alignment with corporate strategy, assessing director independence, and promoting board diversity. The establishment of this committee is a strategic move to enhance corporate governance and ensure effective leadership succession planning, which may positively impact the company’s operations and stakeholder confidence.
Sunac China Holdings Limited has announced the appointment of Ms. Ma Zhixia, an executive director, as a member of its nomination committee, effective March 28, 2025. This strategic move is expected to enhance the company’s governance structure and potentially strengthen its decision-making processes, reflecting Sunac China’s commitment to maintaining robust corporate governance practices.
Sunac China Holdings Limited announced the adjournment of a winding-up petition hearing to April 28, 2025, as part of its efforts to manage financial challenges. The company is also undertaking a comprehensive offshore debt restructuring, appointing financial and legal advisors to address its current debt risks, and is urging creditors for patience and support. Additionally, Sunac is closing the conversion window for its mandatory convertible bonds on April 3, 2025, requiring bondholders to submit conversion notices by this date.
Sunac China Holdings Limited has issued a profit warning, anticipating a significant increase in losses for the year ending December 31, 2024, with expected losses ranging from RMB25.5 billion to RMB26.0 billion. This increase is attributed to a market downturn and asset impairments, despite gains from onshore debt restructuring. The company advises caution to investors as the actual results may vary from the preliminary figures.
Sunac China Holdings Limited has announced a board meeting scheduled for March 28, 2025, to review and approve the audited annual results for the year ending December 31, 2024, and to consider the payment of a final dividend. This announcement is significant for stakeholders as it may impact the company’s financial outlook and investor confidence, with a cautionary note for investors dealing in the company’s securities.
Sunac China Holdings Limited reported its unaudited operational data for February 2025, revealing a contracted sales value of approximately RMB1.80 billion and a contracted sales area of around 152 thousand square meters. The average selling price was RMB11,840 per square meter. By the end of February, the total contracted sales value reached approximately RMB8.64 billion, with a contracted sales area of 264 thousand square meters and an average selling price of RMB32,730 per square meter. This data, while unaudited and subject to change, provides insights into the company’s sales performance and market positioning, indicating a strong presence in the real estate sector.
Sunac China Holdings Limited has received a validation order from the High Court regarding a winding-up petition filed by China Cinda (HK) Asset Management Co., Limited. This order ensures that all transfers of the company’s shares will not be void despite the ongoing petition, providing stability and reassurance to shareholders and potential investors.
Sunac China Holdings announced its unaudited operational data for January 2025, reporting a contracted sales value of approximately RMB6.84 billion and a sales area of around 112 thousand square meters, with an average selling price of RMB61,070 per square meter. This preliminary data highlights the company’s ongoing activities in the real estate sector, though investors are advised to exercise caution due to potential discrepancies in final audited reports.