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Sun Art Retail Group
(OTC:6808)
Sun Art Retail Group (6808) vs. iShares MSCI Hong Kong ETF (EWH)
Sun Art Retail Group Business Overview & Revenue Model
Sun Art Retail Group Financial Statement Overview
| Breakdown | |||||
| TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 71.51B | 72.57B | 83.66B | 88.13B | 99.69B | 95.36B | Gross Profit |
| 17.59B | 17.96B | 20.58B | 21.47B | 25.09B | 25.73B | EBIT |
| -407.00M | -1.01B | 1.18B | -360.00M | 4.37B | 4.89B | EBITDA |
| 1.92B | 2.39B | 4.80B | 3.51B | 7.14B | 9.11B | Net Income Common Stockholders |
| -1.04B | -1.60B | 109.00M | -826.00M | 2.86B | 2.83B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 15.48B | 16.42B | 19.18B | 18.66B | 20.12B | 13.27B | Total Assets |
| 62.00B | 60.72B | 64.12B | 65.75B | 69.23B | 71.19B | Total Debt |
| 9.37B | 8.38B | 7.71B | 7.38B | 8.05B | 8.57B | Net Debt |
| -127.00M | -3.53B | -4.70B | -3.92B | -45.00M | -4.68B | Total Liabilities |
| 40.20B | 38.92B | 39.92B | 40.68B | 41.37B | 45.83B | Stockholders Equity |
| 21.43B | 21.40B | 23.52B | 23.96B | 26.22B | 23.93B |
| Cash Flow | Free Cash Flow | ||||
| -2.52B | 907.00M | 4.28B | 3.56B | 9.62B | 4.60B | Operating Cash Flow |
| -2.52B | 926.00M | 4.30B | 3.58B | 9.62B | 4.61B | Investing Cash Flow |
| -2.44B | -52.00M | -1.20B | 3.30B | -11.07B | -1.81B | Financing Cash Flow |
| -335.00M | -1.36B | -1.99B | -3.68B | -2.68B | -3.02B |
Sun Art Retail Group Technical Analysis
Sun Art Retail Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | $1.96T | 5.42 | 10.81% | 11.40% | -3.79% | -0.62% | |
78 Outperform | $728.66B | 14.26 | 16.75% | 3.81% | 7.04% | 88.41% | |
64 Neutral | HK$163.32M | 5.96 | 2.58% | 9.19% | -1.95% | 27.31% | |
62 Neutral | $6.86B | 11.07 | 2.77% | 4.27% | 2.66% | -24.95% | |
50 Neutral | HK$11.73B | 31.34 | 0.79% | 1.19% | ― | ― | |
49 Neutral | $25.85B | 59.17 | 1.96% | 0.74% | -11.47% | -479.41% | |
42 Neutral | €101.40M | ― | 11.11% | -6.87% | -79.20% |
Sun Art Retail Group Corporate Events
Sun Art Retail Group Limited has announced a significant turnaround in its financial performance for the fiscal year ending March 31, 2025, with an expected net profit after tax of approximately RMB350 million to RMB400 million, compared to a net loss of RMB1.668 billion the previous year. This improvement is attributed to steady sales revenue growth, positive same-store sales, and successful cost reduction and efficiency enhancement initiatives, positioning the company for future development.
Sun Art Retail Group Limited, in conjunction with Paragon Shine Limited, announced the closure of mandatory unconditional offers, with results showing minimal acceptance. The offers, which closed on March 27, 2025, resulted in 17 valid acceptances for the Full Upfront Settlement Alternative, representing 0.46% of the company’s issued share capital. The total consideration for the offers amounted to HK$60,524,281.5, with remittances to be dispatched by April 8, 2025.
Sun Art Retail Group Limited has announced the composition of its board of directors and their respective roles within the company. The board consists of executive, non-executive, and independent non-executive directors, with committees established for audit, nomination, and remuneration. This announcement provides clarity on the governance structure, potentially impacting the company’s strategic direction and stakeholder confidence.
Sun Art Retail Group Limited has announced the composition of its board of directors and their respective roles within the company. The board includes a mix of executive, non-executive, and independent non-executive directors, with specific members assigned to the Audit, Nomination, and Remuneration Committees. This announcement provides clarity on the governance structure of the company, which is crucial for stakeholders to understand the leadership and decision-making processes within Sun Art Retail Group.
Sun Art Retail Group Limited has announced the dispatch of a Composite Document related to mandatory unconditional offers, following a series of joint announcements with Paragon Shine Limited. This document outlines the terms and conditions of the offers, the expected timetable, and includes letters from various financial advisers. The announcement signifies a significant step in the company’s operational changes, including the change of non-executive directors, potentially impacting its market positioning and stakeholder interests.
Sun Art Retail Group Limited has announced the completion of a Share Purchase Agreement (SPA) with Paragon Shine Limited, resulting in the acquisition of approximately 78.70% of its issued share capital. This transaction, involving a significant cash payment, marks a strategic move for the company, potentially impacting its market positioning and shareholder dynamics as Paragon Shine Limited and its designated entity, Lavender Haze Limited, now hold the majority of shares.
Sun Art Retail Group Limited, a company incorporated in Hong Kong, has announced significant changes in its board of directors following a change in control after the completion of a Share Purchase Agreement (SPA). The company has seen the resignation of several non-executive directors, including the Chairman, due to personal reasons and other business engagements. In their place, new appointments have been made, with Mr. Julian Juul Wolhardt taking over as the new Chairman. These changes are expected to impact the company’s governance and strategic direction.
Sun Art Retail Group Limited announced the composition of its board of directors and the roles within its three main committees: Audit, Nomination, and Remuneration. This organizational update is crucial for stakeholders as it outlines the leadership structure and governance framework, potentially impacting the company’s strategic direction and operational efficiency.
Sun Art Retail Group Limited has announced that an independent supplier is under investigation for issues related to value-added tax invoices provided to certain subsidiaries of the company. While the Group itself is not the subject of the investigation, it may face financial implications if the supplier’s invoices are nullified, potentially leading to additional tax payments and surcharges. The company has preliminarily estimated a provision of RMB58 million for tax expenses in its financial statements for the year ending March 31, 2025, though this figure is subject to change.
Sun Art Retail Group Limited has received approval from the State Administration for Market Regulation (SAMR) for its merger control filing, which satisfies a key condition for the completion of a potential acquisition by Paragon Shine Limited. The completion of this transaction, involving Deutsche Bank and UBS as financial advisers, remains subject to the fulfillment of additional conditions, and there is no certainty that the acquisition will proceed. Stakeholders are advised to exercise caution as the offers may not ultimately be made or completed.