BST:ZSUE

Stock Analysis Report

Sun International Group

Executive Summary

Sun International Group Limited, an investment holding company, provides equine services and financial services in Hong Kong, Australia, Europe, and Singapore.

Snowflake

Fundamentals

Imperfect balance sheet and overvalued.

Share Price & News

How has Sun International Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

10.9%

ZSUE

-0.8%

DE Consumer Services

4.4%

DE Market


1 Year Return

-36.3%

ZSUE

-0.8%

DE Consumer Services

1.6%

DE Market

Return vs Industry: ZSUE underperformed the German Consumer Services industry which returned -0.8% over the past year.

Return vs Market: ZSUE underperformed the German Market which returned 1.6% over the past year.


Shareholder returns

ZSUEIndustryMarket
7 Day10.9%-0.8%4.4%
30 Day-8.3%-2.3%0.8%
90 Day-12.7%-1.7%2.3%
1 Year-36.3%-36.3%-0.4%-0.8%4.8%1.6%
3 Year-77.6%-77.6%-10.8%-14.0%18.9%8.6%
5 Year-51.4%-51.4%-22.3%-37.9%43.7%24.1%

Price Volatility Vs. Market

How volatile is Sun International Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sun International Group undervalued compared to its fair value and its price relative to the market?

12.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: ZSUE (€0.03) is trading below our estimate of fair value (€0.03)

Significantly Undervalued: ZSUE is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ZSUE is unprofitable, so we can't compare its PE Ratio to the Consumer Services industry average.

PE vs Market: ZSUE is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate ZSUE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ZSUE has negative assets, so we can't compare its PB Ratio to the XE Consumer Services industry average.


Next Steps

Future Growth

How is Sun International Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.8%

Forecasted Consumer Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sun International Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Sun International Group performed over the past 5 years?

11.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ZSUE is unprofitable, but has reduced losses over the past 5 years at a rate of 11.6% per year.

Accelerating Growth: Unable to compare ZSUE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ZSUE is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Services industry (34.2%).


Return on Equity

High ROE: ZSUE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: ZSUE is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: ZSUE is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Sun International Group's financial position?


Financial Position Analysis

Short Term Liabilities: ZSUE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ZSUE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ZSUE has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ZSUE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: ZSUE has a low level of unsold assets or inventory.

Debt Coverage by Assets: ZSUE has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable ZSUE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ZSUE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 90.4% per year.


Next Steps

Dividend

What is Sun International Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.4%markettop25%3.8%industryaverage2.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate ZSUE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ZSUE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if ZSUE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ZSUE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ZSUE is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ZSUE's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Sun International Group's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average management tenure


CEO

Man Wah Lui (36yo)

6.2yrs

Tenure

HK$1,578,000

Compensation

Mr. Man Wah Lui has been the Chief Executive Officer and Executive Director at Sun International Resources Limited since August 13, 2013. Mr. Lui has approximately 7 years of experience in investment manag ...


CEO Compensation Analysis

Compensation vs. Market: Man Wah's total compensation ($USD201.16K) is about average for companies of similar size in the German market ($USD216.31K).

Compensation vs Earnings: Man Wah's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

3.2yrs

Average Tenure

37yo

Average Age

Experienced Management: ZSUE's management team is considered experienced (3.2 years average tenure).


Board Age and Tenure

7.4yrs

Average Tenure

39.5yo

Average Age

Experienced Board: ZSUE's board of directors are considered experienced (7.4 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyHK$30,288,46004 Jul 19
First Cheer Holdings Limited
EntityCompany
Shares780,332,000
Max PriceHK$0.039

Ownership Breakdown


Management Team

  • Mei Ching Cheng (37yo)

    Compliance Officer & Executive Director

    • Tenure: 11.3yrs
    • Compensation: HK$1.74m
  • Ting Kong Cheng (44yo)

    Executive Chairman

    • Tenure: 6.3yrs
    • Compensation: HK$448.00k
  • Man Wah Lui (36yo)

    CEO & Executive Director

    • Tenure: 6.2yrs
    • Compensation: HK$1.58m
  • Man Wah Yeung

    Company Secretary

    • Tenure: 0.3yrs

Board Members

  • Mei Ching Cheng (37yo)

    Compliance Officer & Executive Director

    • Tenure: 11.3yrs
    • Compensation: HK$1.74m
  • Ting Kong Cheng (44yo)

    Executive Chairman

    • Tenure: 6.3yrs
    • Compensation: HK$448.00k
  • Trevor Chan (59yo)

    Independent Non Executive Director

    • Tenure: 8.6yrs
    • Compensation: HK$120.00k
  • Kin Chuen Tou (42yo)

    Independent Non-Executive Director

    • Tenure: 8.6yrs
    • Compensation: HK$120.00k
  • Man Wah Lui (36yo)

    CEO & Executive Director

    • Tenure: 6.2yrs
    • Compensation: HK$1.58m
  • Ka Shun Jim (37yo)

    Independent Non-Executive Director

    • Tenure: 3.1yrs
    • Compensation: HK$120.00k

Company Information

Sun International Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sun International Group Limited
  • Ticker: ZSUE
  • Exchange: BST
  • Founded: 2000
  • Industry: Specialized Consumer Services
  • Sector: Consumer Services
  • Market Cap: HK$673.237m
  • Listing Market Cap: HK$77.765m
  • Shares outstanding: 2.17b
  • Website: https://www.sun8029.com

Number of Employees


Location

  • Sun International Group Limited
  • China Merchants Tower
  • Unit 2414–2418, 24th Floor
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8029SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2000
ZSUEBST (Boerse-Stuttgart)YesOrdinary SharesDEEURDec 2000

Biography

Sun International Group Limited, an investment holding company, provides equine services and financial services in Hong Kong, Australia, Europe, and Singapore. The company’s Equine Services segment offers  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 20:58
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.