Sunshine 100 China Holdings Ltd. (HK:2608)
:2608
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Sunshine 100 China Holdings Ltd.
(2608)
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Rating:40Underperform
Price Target:
HK$0.01
▲(0.00% Upside)
Action:Reiterated
Date:05/14/26
The score is driven primarily by very weak financial performance (persistent losses, negative equity, high leverage, and volatile cash flow), which outweighs largely neutral-to-weak technical signals and limited valuation support due to negative earnings and no dividend data.
Positive Factors
Diversified real estate business model
The company's mix of development, property investment and property-management activities provides multiple cash-flow channels. Over months, recurring management fees and investment income can partially offset cyclical new‑sales volatility and support steadier operational cash generation as projects mature.
Negative Factors
Persistent multi-year net losses
Sustained annual losses erode retained capital, impede reinvestment, and reduce the firm's ability to complete and monetize development projects. Over the medium term, persistent unprofitability undermines resilience to market cycles and limits strategic options.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified real estate business model
The company's mix of development, property investment and property-management activities provides multiple cash-flow channels. Over months, recurring management fees and investment income can partially offset cyclical new‑sales volatility and support steadier operational cash generation as projects mature.
Read all positive factors
Sunshine 100 China Holdings Ltd. (2608) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$25.51M
Dividend YieldN/A
Average Volume (3M)6.30M
Price to Earnings (P/E)―
Beta (1Y)1.59
Revenue Growth-13.96%
EPS Growth35.58%
CountryHK
Employees1,603
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)-1.41
Shares Outstanding2,550,811,500
10 Day Avg. Volume15,029,900
30 Day Avg. Volume6,297,066
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)>-0.01
Price to Sales (P/S)0.01
P/FCF Ratio6.03
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Sunshine 100 China Holdings Ltd. Business Overview & Revenue Model
Company Description
Sunshine 100 China Holdings Ltd. (2608) is a prominent real estate developer based in China, primarily focused on the development and management of residential properties. The company operates in various sectors, including commercial real estate, ...
How the Company Makes Money
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Sunshine 100 China Holdings Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
8
Very Negative
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.75B | 2.02B | 2.10B | 2.36B | 5.40B |
| Gross Profit | -570.32M | -651.20M | 395.11M | 128.32M | -601.07M |
| EBITDA | -510.80M | -1.05B | -806.05M | -1.86B | -2.58B |
| Net Income | -3.59B | -5.59B | -2.99B | -3.16B | -3.67B |
Balance Sheet | |||||
| Total Assets | 37.59B | 46.10B | 50.83B | 52.38B | 56.36B |
| Cash, Cash Equivalents and Short-Term Investments | 1.01B | 1.01B | 1.03B | 1.08B | 1.62B |
| Total Debt | 23.10B | 27.06B | 27.06B | 26.88B | 26.81B |
| Total Liabilities | 46.27B | 51.09B | 50.02B | 48.40B | 49.02B |
| Stockholders Equity | -9.60B | -6.01B | -419.94M | 2.56B | 5.75B |
Cash Flow | |||||
| Free Cash Flow | 3.79M | -287.55M | 392.21M | 379.33M | 275.57M |
| Operating Cash Flow | 8.42M | -283.34M | 394.27M | 402.22M | 312.96M |
| Investing Cash Flow | 45.26M | 575.07M | 149.03M | -382.34M | 728.78M |
| Financing Cash Flow | -95.42M | -289.42M | -557.36M | -578.52M | -2.98B |
Sunshine 100 China Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (65)
HK:2608
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0.01
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0.00%
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Jingrui Holdings Ltd.
0.02
<0.01
45.45%
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Boill Healthcare Holdings Limited
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0.00
0.00%
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Sanxun Holdings Group Limited
0.05
0.00
0.00%
Sunshine 100 China Holdings Ltd. Corporate Events
Sunshine 100 Sets 2026 AGM to Re-Elect Directors and Renew Share Issue Mandate
Apr 29, 2026
Sunshine 100 China Holdings Ltd has convened its annual general meeting for 26 June 2026 in Beijing, where shareholders will review the audited consolidated financial statements for the year ended 31 December 2025 and the accompanying reports from...
Sunshine 100 Narrows 2025 Loss but Remains Deeply in Deficit
Mar 31, 2026
Sunshine 100 China Holdings reported 2025 revenue of RMB1.75 billion, down 13.5% year on year, but swung from a gross loss to a gross profit of RMB128.9 million, with a modest 7.4% margin. Contracted sales inched up 3% to RMB395.7 million and the ...
Sunshine 100 Sets Out Board Structure and Committee Roles
Mar 30, 2026
Sunshine 100 China Holdings Ltd. has disclosed the current composition of its board of directors, confirming Yi Xiaodi as chairman and chief executive officer, alongside Fan Xiaochong as vice chairman, with additional non-executive and independent...
Sunshine 100 China Director’s Death Triggers Temporary Governance Shortfall
Mar 23, 2026
Sunshine 100 China Holdings has announced the death of independent non-executive director Gu Yunchang, who had served on the board and its audit, remuneration and nomination committees since 2014. The board praised his diligent service and signifi...
Sunshine 100 China Clarifies Board and Committee Structure
Mar 23, 2026
Sunshine 100 China Holdings Ltd. has reaffirmed the composition of its board, led by Chairman and CEO Yi Xiaodi and Vice Chairman Fan Xiaochong as executive directors, alongside non-executive directors Fan Xiaohua and Wang Gongquan, and independen...
Sunshine 100 China Sets March 30 Board Meeting to Approve 2025 Results
Mar 18, 2026
Sunshine 100 China Holdings Ltd. has scheduled a board meeting for March 30, 2026 in order to review and approve the group’s annual results for the financial year ended December 31, 2025. The board also plans to authorize the publication of ...
Sunshine 100 China Faces Winding-Up Petition Over US$205 Million Redemption Dispute
Mar 12, 2026
Sunshine 100 China Holdings has disclosed that a winding-up petition was filed against the company in the Hong Kong High Court on 6 March 2026 by HTI Financial Solutions and Haitong International Financial Products. The petition relates to an unpa...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.