Executive Summary
Sunshine Oilsands Ltd. engages in the evaluation and development of oil sands leases in the Athabasca region of Alberta, Canada. More Details
Rewards
Risk Analysis
Snowflake Analysis
Overvalued with weak fundamentals.
Share Price & News
How has Sunshine Oilsands's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2012 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 2012's weekly volatility has decreased from 24% to 10% over the past year.
Market Performance
7 Day Return
8.6%
2012
4.3%
HK Oil and Gas
-5.0%
HK Market
1 Year Return
31.0%
2012
13.6%
HK Oil and Gas
24.5%
HK Market
Return vs Industry: 2012 exceeded the Hong Kong Oil and Gas industry which returned 2.1% over the past year.
Return vs Market: 2012 exceeded the Hong Kong Market which returned 20.6% over the past year.
Shareholder returns
| 2012 | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.6% | 4.3% | -5.0% |
| 30 Day | 39.7% | 18.1% | -3.6% |
| 90 Day | 24.2% | 25.3% | 9.2% |
| 1 Year | 31.0%31.0% | 22.5%13.6% | 29.2%24.5% |
| 3 Year | -84.6%-84.6% | -21.1%-34.3% | 0.7%-9.6% |
| 5 Year | -90.3%-90.3% | 0.7%-20.9% | 57.0%30.5% |
Long-Term Price Volatility Vs. Market
How volatile is Sunshine Oilsands's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Jun Zhang Just Bought 45% More Shares In Sunshine Oilsands Ltd. (HKG:2012)3 months ago | Simply Wall St
Is Sunshine Oilsands (HKG:2012) A Risky Investment?11 months ago | Simply Wall St
Jun Zhang of Sunshine Oilsands Ltd. (HKG:2012) Just Spent CA$79k On SharesValuation
Is Sunshine Oilsands undervalued compared to its fair value and its price relative to the market?
0.28x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 2012's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 2012's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 2012 is unprofitable, so we can't compare its PE Ratio to the HK Oil and Gas industry average.
PE vs Market: 2012 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 2012's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2012 is good value based on its PB Ratio (0.3x) compared to the HK Oil and Gas industry average (0.6x).
Next Steps
Future Growth
How is Sunshine Oilsands forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.4%
Forecasted Energy 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 Sunshine Oilsands 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
- Take a look at our analysis of 2012’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Sunshine Oilsands competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
Past Performance
How has Sunshine Oilsands performed over the past 5 years?
23.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2012 is currently unprofitable.
Growing Profit Margin: 2012 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 2012 is unprofitable, but has reduced losses over the past 5 years at a rate of 23.5% per year.
Accelerating Growth: Unable to compare 2012's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2012 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-11.9%).
Return on Equity
High ROE: 2012 has a negative Return on Equity (-46.65%), as it is currently unprofitable.
Next Steps
Financial Health
How is Sunshine Oilsands's financial position?
Financial Position Analysis
Short Term Liabilities: 2012's short term assets (CA$17.4M) do not cover its short term liabilities (CA$555.6M).
Long Term Liabilities: 2012's short term assets (CA$17.4M) do not cover its long term liabilities (CA$69.7M).
Debt to Equity History and Analysis
Debt Level: 2012's debt to equity ratio (224.5%) is considered high.
Reducing Debt: 2012's debt to equity ratio has increased from 27.9% to 224.5% 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: 2012 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2012 has less than a year of cash runway if free cash flow continues to grow at historical rates of 43.2% each year.
Next Steps
Dividend
What is Sunshine Oilsands's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2012's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2012'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 2012's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2012's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 2012'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?
3.9yrs
Average management tenure
CEO
Sunshine Oilsands has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 5.75yrs | CA$1.35m | 28.03% CA$ 69.0m | |
| CFO & Executive Director | 3.75yrs | CA$747.27k | no data | |
| Chief Technology Officer | 2.5yrs | CA$306.15k | no data | |
| Company Secretary | 3.92yrs | no data | no data |
3.9yrs
Average Tenure
Experienced Management: 2012's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 5.75yrs | CA$1.35m | 28.03% CA$ 69.0m | |
| CFO & Executive Director | 3.75yrs | CA$747.27k | no data | |
| Non-Executive Vice Chairman | 6.33yrs | CA$63.00k | 1.63% CA$ 4.0m | |
| Independent Non-Executive Director | 4.75yrs | CA$76.00k | 0.11% CA$ 265.4k | |
| Non-Executive Director | 4.75yrs | CA$51.00k | 0.081% CA$ 199.1k | |
| Non-Executive Director | 3.92yrs | CA$39.00k | no data | |
| Independent Non-Executive Director | 1.75yrs | CA$41.00k | no data | |
| Independent Non-Executive Director | 1.67yrs | CA$24.00k | no data |
4.3yrs
Average Tenure
51yo
Average Age
Experienced Board: 2012's board of directors are considered experienced (4.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 2012 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Sunshine Oilsands Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sunshine Oilsands Ltd.
- Ticker: 2012
- Exchange: SEHK
- Founded: 2007
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: HK$246.154m
- Shares outstanding: 129.55m
- Website: https://www.sunshineoilsands.com
Number of Employees
Location
- Sunshine Oilsands Ltd.
- 700 - 6th Avenue SW
- Suite 1100
- Calgary
- Alberta
- T2P 0T8
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2012 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Class A Common Shares | HK | HKD | Mar 2012 |
| SUNY.F | OTCPK (Pink Sheets LLC) | Yes | Class A Common Shares | US | USD | Mar 2012 |
Biography
Sunshine Oilsands Ltd. engages in the evaluation and development of oil sands leases in the Athabasca region of Alberta, Canada. Its portfolio of oil sands leases consists of three asset categories, includ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 10:05 |
| End of Day Share Price | 2021/03/08 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.