Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 2.02B | 2.10B | 2.36B | 5.40B | 5.76B |
Gross Profit | -651.20M | 395.11M | 128.32M | -601.07M | 1.32B |
EBITDA | -1.05B | -806.05M | -1.86B | -2.58B | 496.23M |
Net Income | -5.59B | -2.99B | -3.16B | -3.67B | 438.04M |
Balance Sheet | |||||
Total Assets | 46.10B | 50.83B | 52.38B | 56.36B | 61.28B |
Cash, Cash Equivalents and Short-Term Investments | 2.58B | 1.03B | 2.90B | 4.10B | 6.08B |
Total Debt | 27.06B | 27.06B | 26.88B | 26.81B | 26.77B |
Total Liabilities | 51.09B | 50.02B | 48.40B | 49.02B | 49.11B |
Stockholders Equity | -6.01B | -419.94M | 2.56B | 5.75B | 9.38B |
Cash Flow | |||||
Free Cash Flow | -287.55M | 392.21M | 379.33M | 275.57M | 1.33B |
Operating Cash Flow | -283.34M | 394.27M | 402.22M | 312.96M | 1.36B |
Investing Cash Flow | 575.07M | 149.03M | -382.34M | 728.78M | 991.93M |
Financing Cash Flow | -289.42M | -557.36M | -578.52M | -2.98B | -1.69B |
Sunshine 100 China Holdings Ltd has received a statutory demand from HTI Financial Solutions Limited and Haitong International Financial Products Limited, demanding repayment of approximately US$205 million and HK$450,000. The demand stems from a consent judgment, a Tomlin order, and accrued interest under a notes purchase agreement. The company is seeking legal advice and exploring debt restructuring arrangements to safeguard shareholder interests.
Sunshine 100 China Holdings Ltd has announced a series of strategic measures to address a disclaimer of opinion expressed by its auditors regarding the company’s financial statements for the year ending December 31, 2024. These measures include negotiating with creditors for debt restructuring, accelerating property sales, and tightening cost controls. Despite ongoing negotiations and some progress in extending borrowings and signing new property sale contracts, the company acknowledges that the current property market conditions and tightened monetary policies may require additional time for effective negotiations and project disposals.
Sunshine 100 China Holdings Ltd announced the successful passing of all proposed resolutions at its Annual General Meeting held on June 26, 2025. The resolutions included the re-election of directors, the authorization of the board to fix directors’ remuneration, the re-appointment of auditors, and the granting of mandates related to share issuance and repurchase. This outcome reflects strong shareholder support and positions the company to continue its strategic initiatives effectively.
Sunshine 100 China Holdings Ltd announced that Joywise Holdings Limited has ceased to be a controlling shareholder after Haitong International Securities Company Limited sold 521,153,000 shares, representing approximately 20.43% of the company’s issued share capital. This transaction was related to a facility agreement between the company and Haitong, and as a result, Joywise now holds approximately 22.09% of the company’s shares, losing its status as a controlling shareholder.