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Sunshine 100 China Holdings Ltd.
(2608)
Sunshine 100 China Holdings Ltd. (2608) vs. iShares MSCI Hong Kong ETF (EWH)
Sunshine 100 China Holdings Ltd. Business Overview & Revenue Model
Sunshine 100 China Holdings Ltd. Financial Statement Overview
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 2.10B | 2.36B | 5.40B | 5.76B | 8.29B | Gross Profit |
| 395.11M | 128.32M | -601.07M | 1.32B | 2.10B | EBIT |
| -988.56M | -494.46M | -1.69B | 453.67M | 878.41M | EBITDA |
| -806.05M | -1.86B | -2.58B | 496.23M | 923.01M | Net Income Common Stockholders |
| -2.99B | -3.16B | -3.67B | 438.04M | 1.80B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.03B | 2.90B | 4.10B | 6.08B | 4.87B | Total Assets |
| 50.83B | 52.38B | 56.36B | 61.28B | 58.40B | Total Debt |
| 27.06B | 26.88B | 26.81B | 26.77B | 25.14B | Net Debt |
| 26.43B | 26.24B | 25.63B | 23.70B | 22.70B | Total Liabilities |
| 50.02B | 48.40B | 49.02B | 49.11B | 46.65B | Stockholders Equity |
| -419.94M | 2.56B | 5.75B | 9.38B | 9.17B |
| Cash Flow | Free Cash Flow | |||
| 392.21M | 379.33M | 275.57M | 1.33B | 2.35B | Operating Cash Flow |
| 394.27M | 402.22M | 312.96M | 1.36B | 2.36B | Investing Cash Flow |
| 149.03M | -382.34M | 728.78M | 991.93M | 2.91B | Financing Cash Flow |
| -557.36M | -578.52M | -2.98B | -1.69B | -5.45B |
Sunshine 100 China Holdings Ltd. Technical Analysis
Sunshine 100 China Holdings Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Neutral | $186.12B | 6.71 | 9.66% | 6.59% | 9.97% | -19.80% | |
61 Neutral | $2.83B | 10.91 | 0.42% | 8438.90% | 5.74% | -20.95% | |
54 Neutral | $12.10B | ― | -4.63% | 7.98% | -4.61% | -1035.60% | |
40 Underperform | HK$2.07B | ― | -90.47% | ― | -1.96% | -17.34% | |
31 Underperform | $3.68B | ― | -71.13% | ― | -50.18% | 12.86% | |
21 Underperform | HK$30.61M | ― | ― | -6.02% | -84.62% | ||
21 Underperform | €1.12B | ― | ― | -56.67% | -41.38% |
Sunshine 100 China Holdings Ltd. Corporate Events
Sunshine 100 China Holdings Ltd has announced its upcoming Annual General Meeting, scheduled for June 26, 2025, in Beijing. The meeting will address several key agenda items, including the review of the company’s financial statements for the year ending December 31, 2024, the re-election of directors, and the re-appointment of auditors. Additionally, resolutions will be considered to authorize the board to manage share allotments and other related powers, potentially impacting the company’s capital structure and governance.
Sunshine 100 China Holdings Ltd announced changes in its Nomination Committee effective from April 28, 2025. Mr. Li Chunping has been appointed as the new chairman, replacing Mr. Yi Xiaodi, while Ms. Fan Xiaohua joins as a member. These changes align with upcoming amendments to the Listing Rules and Corporate Governance Code, aiming to enhance the company’s governance practices and board diversity.
Sunshine 100 China Holdings Ltd has announced the composition of its board of directors, highlighting the roles and functions of its executive, non-executive, and independent non-executive directors. This announcement provides clarity on the governance structure of the company, which is crucial for stakeholders to understand the leadership and decision-making framework guiding the company’s operations.
Sunshine 100 China Holdings Ltd has established a nomination committee as part of its corporate governance structure. The committee will consist of a majority of independent non-executive directors and will be responsible for overseeing the nomination process for board members. The initiative aims to enhance transparency and accountability within the company’s leadership, potentially impacting its market positioning and stakeholder confidence.
Sunshine 100 China Holdings Ltd reported a challenging financial year ending December 31, 2024, with a revenue decrease of 4% to RMB2,018.8 million and a substantial increase in net losses by 82% to RMB5,798.0 million compared to 2023. The company faced significant financial setbacks due to gross losses on delivered properties, increased interest expenses, and impairment losses, which have impacted its market positioning and stakeholder confidence.
Sunshine 100 China Holdings Ltd has announced that its directors were deemed to have disposed of 1,723,000 shares, approximately 0.07% of the company’s issued share capital, during a blackout period due to a forced sale resulting from a default under margin facilities. Although the directors had no influence over the disposals, the company acknowledges that these actions occurred under exceptional circumstances as defined by the listing rules.
Sunshine 100 China Holdings Ltd announced that its directors, Mr. Yi Xiaodi, Mr. Fan Xiaochong, and Ms. Fan Xiaohua, were deemed to have disposed of 1,315,000 shares during a black-out period due to a forced sale resulting from a default under margin facilities. This disposal, which occurred during a restricted period preceding the company’s annual results announcement, was considered a deemed dealing, although the directors had no control over the transactions. The board, excluding the involved directors, acknowledged that the disposals happened under exceptional circumstances.
Sunshine 100 China Holdings Ltd has announced that its board of directors will meet on March 28, 2025, to consider and approve the annual results for the year ended December 31, 2024. This meeting is significant as it will determine the company’s financial performance and strategic direction, impacting its stakeholders and market positioning.
Sunshine 100 China Holdings Ltd., a company incorporated in the Cayman Islands, announced that its executive directors Mr. Yi Xiaodi, Mr. Fan Xiaochong, and non-executive director Ms. Fan Xiaohua were deemed to have disposed of 46,124,000 shares of the company, representing approximately 1.81% of the issued share capital, due to a forced sale during a black-out period. This action, which occurred due to default under margin facilities, was considered a deemed dealing even though the directors had no control over the disposals. The board, excluding the involved directors, acknowledged that the disposals happened under exceptional circumstances as per the listing rules.
Sunshine 100 China Holdings Ltd. announced that its executive directors, Mr. Yi Xiaodi and Mr. Fan Xiaochong, along with non-executive director Ms. Fan Xiaohua, were deemed to have disposed of 5,213,000 shares due to a forced sale during a black-out period caused by a default under margin facilities. This disposal, representing approximately 0.2% of the company’s issued share capital, occurred without their influence or control. The board, excluding the involved directors, acknowledged that the disposals happened under exceptional circumstances as per the listing rules.
Sunshine 100 China Holdings Ltd announced that the High Court has ordered the withdrawal of the winding-up petition against the company by consent. This development may positively impact the company’s operations and market perception, although stakeholders are advised to exercise caution when dealing with the company’s securities.
Sunshine 100 China Holdings Ltd has announced the completion of a mandatory training program for its directors, as directed by the Hong Kong Stock Exchange. This training, which covered regulatory, legal, and compliance topics, was part of disciplinary actions imposed by the exchange. The company confirmed that all relevant directors have complied with the training requirements, potentially strengthening its governance and compliance standing.
Sunshine 100 China Holdings Ltd announced that its directors were deemed to have disposed of 2,496,000 shares due to a forced sale during a blackout period, resulting from a default under margin facilities. The company clarified that the directors had no control over these disposals, which occurred under exceptional circumstances, aligning with the Listing Rules of the Hong Kong Stock Exchange.
Sunshine 100 China Holdings Ltd announced that its directors were deemed to have disposed of 5 million shares during a black-out period due to a forced sale resulting from a default under margin facilities. This transaction, which represents approximately 0.2% of the company’s issued share capital, occurred without the directors’ influence or control, and the board, excluding the involved directors, acknowledged the exceptional circumstances under which this occurred.
Sunshine 100 China Holdings Ltd has announced an update regarding the substantial disposal of a 70% equity interest in Chongqing Sunshine 100 Real Estate Development Co., Ltd. The company is addressing debt repayment issues and funding requirements for its development projects through a series of restructuring steps, including the formation of a limited partnership with various entities. This move aims to provide the necessary capital and loans to complete development projects and repay creditors, with minimal impact on Sunshine 100’s financial statements.
Sunshine 100 China Holdings Ltd announced that certain directors were deemed to have disposed of 2,015,000 shares during a restricted period known as the ‘Black-out Period’ due to a forced sale resulting from a default under margin facilities. Despite the breach of listing rules during this period, the directors were found to have had no control over the disposals, which were attributed to exceptional circumstances.
Sunshine 100 China Holdings Ltd announced that executive directors Mr. Yi Xiaodi, Mr. Fan Xiaochong, and non-executive director Ms. Fan Xiaohua were deemed to have disposed of 1,096,000 shares during a blackout period due to a forced sale under margin facilities. This deemed disposal contravened the Hong Kong Stock Exchange’s listing rules, which prohibit directors from dealing in company securities during specific periods surrounding financial result publications. Despite the breach, the board, excluding the involved directors, considered the circumstances exceptional under the listing rules.