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China Sunsine Chemical Holdings Ltd.
(SGX:QES)
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Rating:75Outperform
Price Target:
S$0.77
▼(-5.98% Downside)
Action:Reiterated
Date:08/04/26
The score is driven primarily by strong financial quality (notably a debt-free balance sheet) and attractive valuation (low P/E and ~4% yield). Technical indicators are neutral overall, tempering the score due to the lack of a clear uptrend and the stock sitting below its 200-day average.
Positive Factors
Debt-free balance sheet
A zero-debt capital structure materially reduces financial risk and preserves flexibility for capex, dividends, or tuck-in M&A across cycles. This durability supports the company's ability to fund working capital swings and invest without reliance on external leverage.
Negative Factors
Revenue cyclicality and volatility
Material swings in year-to-year revenue reflect exposure to cyclical tire and rubber demand and price swings for commodity inputs. Persistent top-line volatility complicates capacity planning, capital allocation and the predictability of earnings over a 2–6 month horizon.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt capital structure materially reduces financial risk and preserves flexibility for capex, dividends, or tuck-in M&A across cycles. This durability supports the company's ability to fund working capital swings and invest without reliance on external leverage.
Read all positive factors
China Sunsine Chemical Holdings Ltd. (QES) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$659.94M
Dividend Yield3.97%
Average Volume (3M)838.81K
Price to Earnings (P/E)8.3
Beta (1Y)0.66
Revenue Growth4.17%
EPS Growth-12.40%
CountrySG
Employees2,000
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)0.43
Shares Outstanding983,388,000
10 Day Avg. Volume533,940
30 Day Avg. Volume838,808
Financial Highlights & Ratios
PEG Ratio-2.30
Price to Book (P/B)0.93
Price to Sales (P/S)1.28
P/FCF Ratio9.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
S$1.14Price Target Upside39.02% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.42
Revenue Forecast (FY)S$3.36B
China Sunsine Chemical Holdings Ltd. Business Overview & Revenue Model
Company Description
China Sunsine Chemical Holdings Ltd. functions as an investment holding company with a global footprint in the manufacturing and distribution of specialty chemicals. Its market reach encompasses China, the wider Asian region, the United States, Eu...
How the Company Makes Money
The company makes money primarily by manufacturing and selling rubber chemicals to industrial customers (notably tire manufacturers and other rubber-product producers). Its core revenue streams come from (1) sales of vulcanization accelerators—che...
China Sunsine Chemical Holdings Ltd. Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
88
Very Positive
Cash Flow
71
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.96B | ― | ― | ― | ― | ― |
| Gross Profit | 492.98M | ― | ― | ― | ― | ― |
| EBITDA | 370.32M | ― | ― | ― | ― | ― |
| Net Income | 247.76M | ― | ― | ― | ― | ― |
Balance Sheet | ||||||
| Total Assets | 5.00B | 4.89B | 4.68B | 4.39B | 4.22B | 3.92B |
| Cash, Cash Equivalents and Short-Term Investments | 2.21B | 2.33B | 2.07B | 1.69B | 1.36B | 1.38B |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 225.32M |
| Total Liabilities | 462.36M | 444.87M | 470.30M | 459.26M | 532.66M | 747.22M |
| Stockholders Equity | 4.54B | 4.44B | 4.21B | 3.93B | 3.69B | 3.18B |
Cash Flow | ||||||
| Free Cash Flow | 183.86M | 438.61M | 459.50M | 419.50M | 48.97M | 79.75M |
| Operating Cash Flow | 331.62M | 686.87M | 573.30M | 593.42M | 207.49M | 371.30M |
| Investing Cash Flow | -147.18M | -247.17M | -55.30M | -137.47M | -140.92M | -262.52M |
| Financing Cash Flow | -158.45M | -182.64M | -137.40M | -141.07M | -121.59M | -52.64M |
China Sunsine Chemical Holdings Ltd. Technical Analysis
Negative
0.82
Price Trends
0.68
Negative
0.67
Positive
0.69
Negative
Market Momentum
>-0.01
Positive
32.20
Neutral
6.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:QES, the sentiment is Negative. The current price of 0.82 is above the 20-day moving average (MA) of 0.68, above the 50-day MA of 0.68, and above the 200-day MA of 0.69, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 32.20 is Neutral, neither overbought nor oversold. The STOCH value of 6.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:QES.
China Sunsine Chemical Holdings Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | S$659.94M | 8.30 | 9.20% | 4.40% | 4.17% | -12.40% | |
68 Neutral | S$45.57M | -4.20 | -10.15% | 0.92% | -7.25% | 95.72% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
45 Neutral | S$11.35M | -1.58 | -72.32% | ― | 25.81% | -30.34% | |
45 Neutral | S$37.78M | -0.88 | -48.10% | ― | -69.91% | -13.56% |
* Basic Materials Sector Average
SG:QES
China Sunsine Chemical Holdings Ltd.
0.67
>-0.01
-1.18%
SG:C05
Chemical Industries Far East Ltd.
0.60
0.07
14.29%
SG:M15
Matex International Limited
0.02
0.00
0.00%
SG:5DS
MegaChem Ltd.
0.52
0.12
30.00%
SG:C8R
Jiutian Chemical Group Limited
0.02
>-0.01
-20.00%
SG:TSCD
Siam Cement
0.97
0.14
17.15%
China Sunsine Chemical Holdings Ltd. Corporate Events
China Sunsine AGM Highlights FX Strategy, Pricing Power and Rising Market Share
May 28, 2026
China Sunsine Chemical’s latest annual general meeting minutes highlight a sharp rise in its U.S. dollar cash holdings, from about US$90 million to US$180 million over 2024–2025, as overseas sales expand and are largely settled in USD....
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.