Sino-Ocean Group Holding (3377) AI Stock Analysis

• Market Cap: HK$1.26B
• Dividend Yield: N/A
• Average Volume (3M): 50.98M
• Price to Earnings (P/E): ―
• Beta (1Y): 3.10
• Revenue Growth: -57.94%
• EPS Growth: 45.77%
• Country: HK
• Employees: 12,586
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): 1.01
• Shares Outstanding: 11,809,680,000
• 10 Day Avg. Volume: 73,172,288
• 30 Day Avg. Volume: 50,975,712
• PEG Ratio: <0.01
• Price to Book (P/B): -0.14
• Price to Sales (P/S): 0.07
• P/FCF Ratio: -1.49
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: HK$0.10 ▲(0.00% Upside)

The overall stock score is primarily driven by severe financial instability, as evidenced by declining revenues, high leverage, and cash flow issues. Technical analysis further supports a bearish outlook with negative momentum indicators. Valuation metrics are unfavorable, with a negative P/E ratio and no dividend yield, underscoring the company's financial distress.

Positive Factors

Diversified Revenue Streams

Sino-Ocean Group's diversified revenue streams from property sales and leasing provide resilience against market fluctuations, supporting long-term stability.

Strategic Partnerships

Partnerships with local governments enhance Sino-Ocean's ability to secure land and develop projects, strengthening its competitive position in key markets.

Management of High-Quality Properties

By focusing on high-quality developments in urban areas, Sino-Ocean can capitalize on urbanization trends and maintain a strong market presence.

Negative Factors

Declining Revenue

A declining revenue trend indicates challenges in maintaining sales growth, which can undermine long-term financial health and market competitiveness.

High Leverage

High leverage and negative equity pose significant risks, limiting financial flexibility and increasing vulnerability to economic downturns.

Cash Flow Issues

Volatile cash flows and lack of free cash flow growth hinder Sino-Ocean's ability to fund operations and investments, impacting long-term sustainability.

Sino-Ocean Group Holding Business Overview & Revenue Model

Company Description

Sino-Ocean Group Holding Limited, an investment holding company, engages in the property investment and development activities in the People's Republic of China. It develops residential properties; and invests in office premises, shopping malls, commercial complexes, and logistics projects. The company also provides property management, commercial operational, community value-added, renovation, consultancy, land development, landscaping, elderly care, and senior housing services, as well as property sales agency and upfitting services. In addition, it is involved in the environmental technology businesses. The company was formerly known as Sino-Ocean Land Holdings Limited and changed its name to Sino-Ocean Group Holding Limited in May 2016. Sino-Ocean Group Holding Limited was founded in 1993 and is based in Beijing, the People's Republic of China.

How the Company Makes Money

Sino-Ocean Group generates revenue primarily through the sale of residential and commercial properties. The company develops and sells a range of properties, including apartments, office buildings, and retail spaces. Additionally, it earns income from property leasing and management services, which provide a steady stream of recurring revenue. Significant partnerships with local governments and other stakeholders help facilitate land acquisition and project development, further enhancing its revenue opportunities. The company's diversified portfolio and strategic positioning in key markets contribute to its overall financial performance.

Sino-Ocean Group Holding Financial Statement Overview

Summary

Sino-Ocean Group Holding faces severe financial challenges with declining revenues, substantial losses, and a weakened balance sheet. High leverage, negative equity, and cash flow difficulties highlight significant financial instability and potential risks affecting its sustainability and growth prospects.

Income Statement

The company has been experiencing declining revenues with a sharp decrease from 2021 to 2024, indicating a negative growth trajectory. Gross profit margins have turned negative, with significant losses in both EBIT and net income, reflecting poor operational efficiency and profitability challenges.

Balance Sheet

The balance sheet reveals high leverage with a negative stockholders' equity in the latest year, indicating financial distress. The debt-to-equity ratio is concerning, and the equity ratio has deteriorated, signaling potential solvency issues. Asset levels have also decreased significantly, further weakening the financial position.

Cash Flow

Cash flow statements show a volatile pattern with operating cash flows turning to zero in 2024. The absence of free cash flow growth and operating cash flow to net income ratios in recent periods suggest cash flow problems, limiting the company's ability to sustain operations without external funding.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	16.53B	23.64B	46.46B	46.13B	64.25B	56.51B
Gross Profit	-5.66B	-398.19M	1.18B	2.38B	11.26B	10.46B
EBITDA	-27.83B	-11.94B	-15.64B	-8.96B	12.22B	12.31B
Net Income	-3.04B	-18.62B	-21.10B	-19.04B	2.73B	2.87B
Balance Sheet
Total Assets	165.24B	181.41B	206.17B	246.07B	281.25B	259.69B
Cash, Cash Equivalents and Short-Term Investments	2.05B	1.96B	2.64B	5.60B	22.22B	39.14B
Total Debt	68.72B	97.78B	98.12B	97.42B	92.65B	82.35B
Total Liabilities	157.01B	181.19B	185.38B	198.19B	204.80B	189.78B
Stockholders Equity	4.12B	-12.66B	7.03B	28.64B	55.07B	53.65B
Cash Flow
Free Cash Flow	-1.34B	-1.18B	1.45B	-15.94B	-8.24B	10.77B
Operating Cash Flow	-1.20B	-1.03B	1.63B	-15.53B	-7.94B	11.42B
Investing Cash Flow	3.20B	3.49B	6.51B	6.47B	-12.68B	2.27B
Financing Cash Flow	-1.80B	-2.54B	-10.77B	-7.98B	3.22B	-5.37B

Sino-Ocean Group Holding Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3377, the sentiment is Negative. The current price of 0.1 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.11, and below the 200-day MA of 0.14, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 40.88 is Neutral, neither overbought nor oversold. The STOCH value of 10.97 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3377.

Sino-Ocean Group Holding Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0050	69 Neutral	HK$1.69B	8.63	2.77%	5.25%	-0.67%	3.24%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
0251	50 Neutral	HK$782.76M	-3.49	-5.69%	3.85%	-1.26%	54.17%
0978	50 Neutral	HK$1.35B	-0.72	-20.96%	4.44%	-16.06%	-529.92%
0480	50 Neutral	HK$1.49B	-1.88	-3.56%	―	72.75%	25.44%
0242	49 Neutral	HK$2.05B	-3.97	-1.67%	―	-21.25%	24.06%
3377	39 Underperform	HK$1.26B	-0.17	-154.48%	―	-57.94%	45.77%

Sino-Ocean Group Holding Corporate Events

Sino-Ocean Group Resumes Bond Trading with New Restructuring Plan

Sino-Ocean Group Holding Limited announced the resumption of trading for its subsidiary’s corporate bonds on the Shanghai Stock Exchange following a suspension period. The company has implemented a restructuring plan for these bonds, which includes options for cash repurchase, equity economic income rights, and debt settlement with assets. This move aims to ensure fair information disclosure and protect the interests of bond investors, reflecting Sino-Ocean’s efforts to stabilize its financial operations and maintain investor confidence.

Sino-Ocean Group Reports Strong Contracted Sales for October 2025

Sino-Ocean Group Holding Limited announced its unaudited operating statistics for October 2025, reporting contracted sales of approximately RMB2.47 billion and a contracted sales GFA of about 272,400 sq.m. For the ten months ending October 31, 2025, the company achieved accumulated contracted sales of approximately RMB21.30 billion with a contracted sales GFA of around 1,644,200 sq.m. The data, based on preliminary internal information, suggests robust sales performance, although stakeholders are advised to exercise caution as figures may differ from future audited reports.

Sino-Ocean Group’s Senior Care Service Agreement with China Life Insurance

Sino-Ocean Group Holding Limited, through its wholly-owned subsidiary Senior Living L’Amore, has entered into a Service Procurement Agreement with China Life Insurance Beijing Branch. This agreement involves providing senior care service benefits to designated customers of China Life Insurance, with a total contract value not exceeding RMB5,500,000. The arrangement constitutes a connected transaction under Hong Kong’s Listing Rules, due to China Life Insurance being a substantial shareholder of Sino-Ocean. This partnership allows eligible policyholders of China Life Insurance to access priority residency, discount benefits, and value-added services in Senior Living L’Amore communities, enhancing the company’s market positioning in the senior care sector.

Sino-Ocean Group Reports September 2025 Sales Performance

Sino-Ocean Group Holding Limited reported its unaudited operating statistics for September 2025, revealing contracted sales of approximately RMB2.39 billion and a contracted sales GFA of around 297,800 sq.m. For the first nine months of 2025, the company achieved accumulated contracted sales of approximately RMB18.83 billion and a contracted sales GFA of about 1,371,800 sq.m. These figures, based on preliminary internal data, highlight the company’s ongoing performance in the real estate market, though stakeholders are advised to interpret these numbers cautiously due to potential discrepancies with future audited reports.

Sino-Ocean Group Implements Debt Restructuring to Stabilize Finances

Sino-Ocean Group Holding Limited has announced updates regarding its financial restructuring efforts to address liquidity concerns. The company has implemented an onshore debts restructuring plan, which includes adjusting repayment arrangements and offering multiple settlement options for bondholders. Additionally, the company has completed an offshore debt restructuring and is exploring new financing sources through asset disposal. These measures aim to stabilize the company’s financial position and ensure continued operations, while also maintaining communication with stakeholders and creditors.

Sino-Ocean Group Reports August 2025 Sales Performance

Sino-Ocean Group Holding Limited announced its unaudited operating statistics for August 2025, reporting contracted sales of approximately RMB1.70 billion and a contracted sales GFA of about 117,600 sq.m. The accumulated contracted sales from January to August 2025 reached approximately RMB16.44 billion, with an average selling price of RMB15,300/sq.m. This data, based on preliminary internal information, may differ from future audited figures, and stakeholders are advised to exercise caution.