Financials Sunshine 100 China Holdings Ltd

Equities

2608

KYG794911092

Real Estate Development & Operations

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.022 HKD 0.00% Intraday chart for Sunshine 100 China Holdings Ltd 0.00% -74.71%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 7,635 8,487 3,266 2,620 872.9 764.2
Enterprise Value (EV) 1 29,611 35,479 23,539 23,309 23,589 25,001
P/E ratio 15.8 x -283 x 2.34 x 7.12 x -0.24 x -0.24 x
Yield - - - - - -
Capitalization / Revenue 1.11 x 1.12 x 0.39 x 0.45 x 0.16 x 0.32 x
EV / Revenue 4.31 x 4.68 x 2.84 x 4.05 x 4.37 x 10.6 x
EV / EBITDA 59.6 x -83.5 x 25.5 x 47 x -14.3 x -54.3 x
EV / FCF -30.4 x -7.46 x 4.01 x -119 x 5,731 x 47.9 x
FCF Yield -3.29% -13.4% 24.9% -0.84% 0.02% 2.09%
Price to Book 1.03 x 1.14 x 0.36 x 0.28 x 0.15 x 0.3 x
Nbr of stocks (in thousands) 2,611,737 2,612,160 2,555,848 2,551,718 2,550,811 2,550,811
Reference price 2 2.924 3.249 1.278 1.027 0.3422 0.2996
Announcement Date 4/30/18 4/29/19 4/17/20 4/29/21 11/23/23 11/23/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 6,875 7,579 8,289 5,760 5,399 2,358
EBITDA 1 496.6 -424.8 923 496.2 -1,653 -460
EBIT 1 453.3 -479.8 878.4 453.7 -1,689 -494.5
Operating Margin 6.59% -6.33% 10.6% 7.88% -31.28% -20.97%
Earnings before Tax (EBT) 1 1,296 608.8 4,018 1,831 -3,794 -3,286
Net income 1 593.1 -29.95 1,805 438 -3,673 -3,164
Net margin 8.63% -0.4% 21.77% 7.61% -68.02% -134.19%
EPS 2 0.1846 -0.0115 0.5472 0.1442 -1.440 -1.240
Free Cash Flow 1 -972.8 -4,756 5,868 -195.6 4.116 522.4
FCF margin -14.15% -62.75% 70.8% -3.4% 0.08% 22.16%
FCF Conversion (EBITDA) - - 635.8% - - -
FCF Conversion (Net income) - - 325.16% - - -
Dividend per Share - - - - - -
Announcement Date 4/30/18 4/29/19 4/17/20 4/29/21 11/23/23 11/23/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 21,976 26,992 20,273 20,689 22,716 24,237
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 44.25 x -63.55 x 21.96 x 41.69 x -13.74 x -52.69 x
Free Cash Flow 1 -973 -4,756 5,868 -196 4.12 522
ROE (net income / shareholders' equity) 10.1% 2.59% 30.1% 10.7% -38.2% -58.6%
ROA (Net income/ Total Assets) 0.52% -0.51% 0.92% 0.48% -1.79% -0.57%
Assets 1 113,969 5,855 197,010 92,199 204,665 556,575
Book Value Per Share 2 2.850 2.860 3.590 3.680 2.260 1.000
Cash Flow per Share 2 1.780 0.9900 0.9500 1.200 0.4700 0.2500
Capex 1 16.3 44.5 12.4 31.6 37.4 22.9
Capex / Sales 0.24% 0.59% 0.15% 0.55% 0.69% 0.97%
Announcement Date 4/30/18 4/29/19 4/17/20 4/29/21 11/23/23 11/23/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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