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8029

Sun International GroupSEHK:8029 Stock Report

Market Cap

HK$1.2b

7D

-10.3%

1Y

96.2%

Updated

17 Oct, 2021

Data

Company Financials
8029 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

8029 Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Sun International Group
Historical stock prices
Current Share PriceHK$0.52
52 Week HighHK$0.15
52 Week LowHK$2.16
Beta1.25
1 Month Change5.05%
3 Month Change-7.14%
1 Year Change96.23%
3 Year Change26.83%
5 Year Change-51.85%
Change since IPO-14.75%

Recent News & Updates

Shareholder Returns

8029HK Consumer ServicesHK Market
7D-10.3%9.3%1.1%
1Y96.2%-29.7%5.3%

Return vs Industry: 8029 exceeded the Hong Kong Consumer Services industry which returned -29.7% over the past year.

Return vs Market: 8029 exceeded the Hong Kong Market which returned 5.3% over the past year.

Price Volatility

Is 8029's price volatile compared to industry and market?
8029 volatility
8029 Beta1.25
Industry Beta1.04
Market Beta1

Stable Share Price: 8029 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 18% a week.

Volatility Over Time: 8029's weekly volatility has decreased from 32% to 18% over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
200041Man Wah Luihttps://www.sun8029.com

Sun International Group Limited, an investment holding company, provides equine and various financial services in Hong Kong and Australia. The company operates through three segments: Financial Services, Equine Services, and Properties Investment. The Financial Services segment offers securities and futures brokerage, margin financing, and custodian services.

Sun International Group Fundamentals Summary

How do Sun International Group's earnings and revenue compare to its market cap?
8029 fundamental statistics
Market CapHK$1.19b
Earnings (TTM)-HK$64.05m
Revenue (TTM)HK$61.71m

19.3x

P/S Ratio

-18.5x

P/E Ratio

Valuation

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

47.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 8029 (HK$0.52) is trading below our estimate of fair value (HK$1)

Significantly Below Fair Value: 8029 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8029 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Consumer Services industry average.

PE vs Market: 8029 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8029's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8029 is overvalued based on its PB Ratio (19.2x) compared to the HK Consumer Services industry average (1.6x).


Future Growth

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

21.9%

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.


Past Performance

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

11.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8029 is currently unprofitable.

Growing Profit Margin: 8029 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8029 is unprofitable, but has reduced losses over the past 5 years at a rate of 11.6% per year.

Accelerating Growth: Unable to compare 8029's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8029 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Services industry (1.4%).


Return on Equity

High ROE: 8029 has a negative Return on Equity (-103.34%), as it is currently unprofitable.


Financial Health

How is Sun International Group's financial position?


Financial Position Analysis

Short Term Liabilities: 8029's short term assets (HK$325.4M) exceed its short term liabilities (HK$159.8M).

Long Term Liabilities: 8029's short term assets (HK$325.4M) exceed its long term liabilities (HK$169.1M).


Debt to Equity History and Analysis

Debt Level: 8029's debt to equity ratio (267.4%) is considered high.

Reducing Debt: 8029's debt to equity ratio has reduced from 596.2% to 267.4% over the past 5 years.


Balance Sheet


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 8029 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 8029 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 33% per year.


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8029's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8029's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 8029's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8029's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 8029 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8029's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Man Wah Lui (38 yo)

8.17yrs

Tenure

HK$1,890,000

Compensation

Mr. Man Wah Lui serves as Non-Executive Director of Winto Group (Holdings) Limited since October 16, 2019 and its Chairman since November 6, 2019. Mr. Lui has been the Chief Executive Officer and Executive...


CEO Compensation Analysis

Compensation vs Market: Man Wah's total compensation ($USD242.98K) is about average for companies of similar size in the Hong Kong market ($USD288.59K).

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


Leadership Team

Experienced Management: 8029's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: 8029's board of directors are considered experienced (8.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 8029 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.2%.


Top Shareholders

Company Information

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


Key Information

  • Name: Sun International Group Limited
  • Ticker: 8029
  • Exchange: SEHK
  • Founded: 2000
  • Industry: Specialized Consumer Services
  • Sector: Consumer Services
  • Market Cap: HK$1.188b
  • Shares outstanding: 2.28b
  • Website: https://www.sun8029.com

Number of Employees


Location

  • Sun International Group Limited
  • One Harbour Square
  • Room 03, 26th Floor
  • Kwun Tong
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 10:09
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.