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Sino-Ocean Group Holding
(OTC:3377)
Sino-Ocean Group Holding (3377) vs. iShares MSCI Hong Kong ETF (EWH)
Sino-Ocean Group Holding Business Overview & Revenue Model
Sino-Ocean Group Holding Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 23.64B | 46.46B | 46.13B | 64.25B | 56.51B |
| Gross Profit | -398.19M | 1.18B | 2.38B | 11.26B | 10.46B |
| EBITDA | -11.94B | -15.64B | -8.96B | 12.22B | 12.31B |
| Net Income | -18.62B | -21.10B | -15.65B | 5.09B | 4.68B |
Balance Sheet | |||||
| Total Assets | 181.41B | 206.17B | 246.07B | 281.25B | 259.69B |
| Cash, Cash Equivalents and Short-Term Investments | 1.96B | 2.64B | 5.60B | 22.22B | 39.14B |
| Total Debt | 97.78B | 98.12B | 97.42B | 92.65B | 82.35B |
| Total Liabilities | 181.19B | 185.38B | 198.19B | 204.80B | 189.78B |
| Stockholders Equity | -12.66B | 7.03B | 31.75B | 55.07B | 53.65B |
Cash Flow | |||||
| Free Cash Flow | -1.18B | 1.45B | -15.94B | -8.24B | 10.77B |
| Operating Cash Flow | -1.03B | 1.63B | -15.53B | -7.94B | 11.42B |
| Investing Cash Flow | 3.49B | 6.51B | 6.47B | -12.68B | 2.27B |
| Financing Cash Flow | -2.54B | -10.77B | -7.98B | 3.22B | -5.37B |
Sino-Ocean Group Holding Technical Analysis
Sino-Ocean Group Holding Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
56 Neutral | HK$1.55B | ― | -20.46% | 4.00% | -29.12% | -1450.50% | |
53 Neutral | $1.24B | 2.72 | -2.60% | 5.66% | -2.15% | -149.23% | |
51 Neutral | €1.47B | ― | -3.45% | 1.15% | -55.51% | -67.95% | |
47 Neutral | $2.26B | ― | -2.65% | ― | 11.74% | -21.82% | |
45 Neutral | $1.19B | ― | -118.67% | ― | -50.72% | 14.86% | |
45 Neutral | HK$740.61M | ― | -3.41% | 4.07% | 0.96% | 83.98% |
Sino-Ocean Group Holding Corporate Events
Sino-Ocean Group Holding Limited announced a restructuring plan for its subsidiary, Beijing Sino-Ocean Group Holding Limited, to address liquidity challenges and stabilize operations. The plan includes options for bondholders such as cash repurchase, equity economic income rights, and debt settlement with assets, aiming to adjust repayment arrangements for existing bonds and improve financial sustainability.
Sino-Ocean Group Holding Limited has announced details regarding the repayment of its corporate bonds, specifically ‘H19 Sino-Ocean 1’ and ‘H19 Sino-Ocean 2’, issued by its subsidiary, Beijing Sino-Ocean Group Holding Limited. The company has set a repayment percentage of 0.3% for the bonds, with a grace period of 30 trading days to ensure smooth repayment. This move is part of the company’s efforts to manage its debt obligations effectively, which could impact its financial stability and investor confidence.
Sino-Ocean Group Holding Limited announced details regarding the repayment of its ‘H21 Sino-Ocean 1’ corporate bonds. The company has set a debt registration date of July 21, 2025, and a principal repayment date of July 22, 2025, with a repayment percentage of 0.3%. The announcement outlines the installment repayment plan and emphasizes the grace period terms, which allow the issuer to avoid default if the principal and interest are paid within 30 trading days or if a waiver is obtained from bondholders. This move is significant for stakeholders as it indicates the company’s commitment to meeting its financial obligations and maintaining investor confidence.
Sino-Ocean Group Holding Limited has announced an internal restructuring transaction involving the return of 2,684 parking spaces in the PRC from its subsidiary, Sino-Ocean Service Group, back to the parent company. This transaction, valued at RMB323,200,000, will be settled through a long-term loan, with Sino-Ocean Group acting as the guarantor. The restructuring is considered a discloseable transaction under Hong Kong’s listing rules, as it results in a net acquisition of approximately 36.18% interest in the target assets.
Sino-Ocean Group Holding Limited announced details regarding the repayment of its ‘H18 Sino-Ocean 1′ corporate bonds. The company has set a repayment schedule with a principal repayment date of July 14, 2025, and a repayment percentage of 0.23%. The announcement outlines the terms agreed upon in a bondholders’ meeting, including a grace period for repayment. This move is part of the company’s strategy to manage its debt obligations effectively, impacting its financial stability and stakeholder confidence.
Sino-Ocean Group Holding Limited announced its unaudited operating statistics for June 2025, reporting contracted sales of approximately RMB2.95 billion and a contracted sales GFA of approximately 225,200 sq.m. For the first half of 2025, the company achieved accumulated contracted sales of around RMB13.37 billion with a contracted sales GFA of approximately 849,000 sq.m. These figures highlight the company’s ongoing activities in the real estate market, though they are preliminary and subject to change upon further auditing. Stakeholders are advised to interpret these statistics cautiously due to potential discrepancies with future audited reports.
Sino-Ocean Group Holding Limited announced updates on its financial restructuring efforts to address liquidity issues and improve its financial position. The company successfully implemented an Offshore Debt Restructuring Plan, reducing its leverage by approximately USD 4 billion, which significantly eased offshore liquidity pressures. Additionally, the company has resumed trading of its onshore corporate bonds and is actively working on a holistic risk mitigation plan to protect creditors’ interests. These measures are part of a broader strategy to stabilize operations and ensure sustainable growth.
Sino-Ocean Group Holding Limited has outlined the terms of reference and operating rules for its Audit Committee, which is tasked with ensuring effective internal control and risk management systems. The Committee is responsible for overseeing the integrity of the company’s financial statements, managing the relationship with external auditors, and ensuring compliance with relevant regulations. This move is expected to strengthen the company’s governance framework, thereby enhancing transparency and accountability to its stakeholders.
Sino-Ocean Group Holding Limited has outlined the terms of reference and operating rules for its Nomination Committee. The committee is tasked with reviewing the board’s structure, size, and composition, ensuring diversity, and making recommendations for board appointments and succession planning. This move is aimed at enhancing the board’s effectiveness and aligning its composition with the company’s corporate strategy, potentially impacting its governance and stakeholder relations positively.
Sino-Ocean Group Holding Limited has announced adjustments to the repayment arrangements for its subsidiary’s corporate bonds, ‘H19 Sino-Ocean 1’ and ‘H19 Sino-Ocean 2’. The company has approved resolutions to repay 0.3% of the remaining principal of these bonds within 30 trading days, with a grace period of 30 consecutive trading days to avoid default. Despite ongoing liquidity constraints, Sino-Ocean Holding is actively seeking funds to address its debt issues and protect investor interests.
Sino-Ocean Group Holding Limited announced adjustments to the repayment arrangements for its subsidiary’s ‘H21 Sino-Ocean 1’ corporate bonds. The company plans to repay a small portion of the principal within 30 trading days and has a grace period to avoid default, reflecting ongoing liquidity challenges. The company is actively seeking funds to address these issues and protect investor interests.
Sino-Ocean Group Holding Limited announced its unaudited operating statistics for May 2025, reporting contracted sales of approximately RMB2.33 billion and a contracted sales GFA of about 145,200 sq.m. The accumulated contracted sales from January to May 2025 reached approximately RMB10.42 billion. These figures, while unaudited, provide insights into the company’s performance and market positioning, indicating a steady sales trajectory. However, stakeholders are advised to exercise caution as the data is preliminary and subject to change.
Sino-Ocean Group Holding Limited announced adjustments to the repayment arrangements for its subsidiary’s corporate bonds, specifically the ‘H18 Sino-Ocean 1’ bonds. Due to liquidity constraints, Sino-Ocean Holding has approved a resolution to repay a small portion of the remaining principal within 30 trading days and has been granted a 30-day grace period to avoid default. The company is actively seeking funds to address its debt issues and protect investor interests, with further updates to be provided as necessary.
Sino-Ocean Group Holding Limited announced that all proposed resolutions at their Annual General Meeting on May 23, 2025, were approved by shareholders. The resolutions included the re-election of directors, authorization for the board to set director remuneration, and the reappointment of BDO Limited as the company’s auditor. This successful meeting reflects strong shareholder support and positions the company for continued stability and governance.
Sino-Ocean Group Holding Limited announced its unaudited operating statistics for April 2025, reporting contracted sales of approximately RMB2.81 billion and a contracted sales GFA of 166,800 sq.m. The accumulated contracted sales from January to April 2025 reached RMB8.09 billion. These figures, based on preliminary internal data, highlight the company’s ongoing activities in property sales, though stakeholders are advised to exercise caution as these numbers may differ from future audited financial statements.
Sino-Ocean Group Holding Limited announced the suspension and subsequent resumption of trading for several corporate bonds issued by its subsidiary, Beijing Sino-Ocean Group Holding Limited. The suspension was initially due to uncertainties regarding significant matters, and the resumption involves seven corporate bonds. This move aims to ensure fair information disclosure and protect the interests of bond investors, reflecting the company’s commitment to transparency and regulatory compliance.