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Sunshine 100 China Holdings

SEHK:2608
Snowflake Description

Adequate balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2608
SEHK
HK$4B
Market Cap
  1. Home
  2. HK
  3. Real Estate
Company description

Sunshine 100 China Holdings Ltd operates as a real estate developer in the People’s Republic of China. The last earnings update was 173 days ago. More info.


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  • Sunshine 100 China Holdings has significant price volatility in the past 3 months.
2608 Share Price and Events
7 Day Returns
-3.1%
SEHK:2608
3.1%
HK Real Estate
4%
HK Market
1 Year Returns
-53.1%
SEHK:2608
-6.7%
HK Real Estate
-10.7%
HK Market
2608 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sunshine 100 China Holdings (2608) -3.1% 5.4% -58.7% -53.1% -54.9% -
HK Real Estate 3.1% 8.5% 14.7% -6.7% 62.2% 47.4%
HK Market 4% 7.9% 10.4% -10.7% 37.6% 16.4%
1 Year Return vs Industry and Market
  • 2608 underperformed the Real Estate industry which returned -6.7% over the past year.
  • 2608 underperformed the Market in Hong Kong which returned -10.7% over the past year.
Price Volatility
2608
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Sunshine 100 China Holdings's competitors could be found in our database.

Value

 Is Sunshine 100 China Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Sunshine 100 China Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$1.57.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sunshine 100 China Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sunshine 100 China Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:2608 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in CNY CN¥0.21
SEHK:2608 Share Price ** SEHK (2019-02-22) in HKD HK$1.57
SEHK:2608 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.855 CN¥1.34
Hong Kong Real Estate Industry PE Ratio Median Figure of 187 Publicly-Listed Real Estate Companies 5.8x
Hong Kong Market PE Ratio Median Figure of 1,481 Publicly-Listed Companies 10.91x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sunshine 100 China Holdings.

SEHK:2608 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:2608 Share Price ÷ EPS (both in CNY)

= 1.34 ÷ 0.21

6.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sunshine 100 China Holdings is overvalued based on earnings compared to the HK Real Estate industry average.
  • Sunshine 100 China Holdings is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Sunshine 100 China Holdings's expected growth come at a high price?
Raw Data
SEHK:2608 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
14%per year
Hong Kong Real Estate Industry PEG Ratio Median Figure of 58 Publicly-Listed Real Estate Companies 0.24x
Hong Kong Market PEG Ratio Median Figure of 467 Publicly-Listed Companies 0.78x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Sunshine 100 China Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sunshine 100 China Holdings's assets?
Raw Data
SEHK:2608 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in CNY CN¥2.99
SEHK:2608 Share Price * SEHK (2019-02-22) in HKD HK$1.57
SEHK:2608 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.855 CN¥1.34
Hong Kong Real Estate Industry PB Ratio Median Figure of 224 Publicly-Listed Real Estate Companies 0.57x
Hong Kong Market PB Ratio Median Figure of 2,118 Publicly-Listed Companies 0.98x
SEHK:2608 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:2608 Share Price ÷ Book Value per Share (both in CNY)

= 1.34 ÷ 2.99

0.45x

* Primary Listing of Sunshine 100 China Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sunshine 100 China Holdings is good value based on assets compared to the HK Real Estate industry average.
X
Value checks
We assess Sunshine 100 China Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Sunshine 100 China Holdings has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Sunshine 100 China Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Sunshine 100 China Holdings, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sunshine 100 China Holdings expected to grow at an attractive rate?
  • Sunshine 100 China Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Sunshine 100 China Holdings's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare Sunshine 100 China Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:2608 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:2608 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 14%
Hong Kong Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 4.1%
Hong Kong Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 15.9%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 9.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:2608 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:2608 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:2608 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-06-30 7,124 1,790 524
2018-03-31 6,999 2,371 559
2017-12-31 6,875 2,952 593
2017-09-30 7,607 2,809 541
2017-06-30 8,339 2,665 489
2017-03-31 7,652 1,981 342
2016-12-31 6,965 1,296 195
2016-09-30 6,550 655 405
2016-06-30 6,136 14 615
2016-03-31 6,277 -795 608
2015-12-31 6,418 -1,604 601
2015-09-30 7,515 -975 708

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sunshine 100 China Holdings's earnings are expected to grow by 14% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Sunshine 100 China Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:2608 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Sunshine 100 China Holdings Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2608 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:2608 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-06-30 0.21
2018-03-31 0.23
2017-12-31 0.25
2017-09-30 0.23
2017-06-30 0.21
2017-03-31 0.14
2016-12-31 0.08
2016-09-30 0.17
2016-06-30 0.26
2016-03-31 0.27
2015-12-31 0.27
2015-09-30 0.34

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Sunshine 100 China Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Sunshine 100 China Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sunshine 100 China Holdings has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Sunshine 100 China Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sunshine 100 China Holdings's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sunshine 100 China Holdings's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Sunshine 100 China Holdings's 1-year earnings growth exceeds its 5-year average (7.1% vs -8.9%)
  • Sunshine 100 China Holdings's earnings growth has not exceeded the HK Real Estate industry average in the past year (7.1% vs 48.7%).
Earnings and Revenue History
Sunshine 100 China Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sunshine 100 China Holdings Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2608 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 7,123.61 524.24 1,052.76
2018-03-31 6,999.10 558.67 1,054.57
2017-12-31 6,874.58 593.09 1,056.38
2017-09-30 7,606.75 541.25 1,152.45
2017-06-30 8,338.92 489.41 1,248.52
2017-03-31 7,652.06 342.41 1,247.16
2016-12-31 6,965.20 195.41 1,245.80
2016-09-30 6,550.48 405.30 1,160.47
2016-06-30 6,135.76 615.19 1,075.13
2016-03-31 6,276.97 607.89 1,027.72
2015-12-31 6,418.19 600.59 980.31
2015-09-30 7,514.96 708.48 955.58
2015-06-30 8,611.73 816.37 930.86
2015-03-31 7,857.70 791.45 854.71
2014-12-31 7,103.68 766.54 778.57
2014-09-30 7,559.53 973.22 784.86
2014-06-30 5,621.58 674.80 693.86
2014-03-31 5,695.48 673.42 655.67
2013-12-31 5,769.38 672.05 617.48
2013-09-30 4,431.65 371.79 517.51
2012-12-31 4,454.61 300.91 453.09

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Sunshine 100 China Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sunshine 100 China Holdings used its assets less efficiently than the HK Real Estate industry average last year based on Return on Assets.
  • Sunshine 100 China Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sunshine 100 China Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sunshine 100 China Holdings has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Sunshine 100 China Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sunshine 100 China Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sunshine 100 China Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sunshine 100 China Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sunshine 100 China Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sunshine 100 China Holdings Company Filings, last reported 7 months ago.

SEHK:2608 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 9,810.69 27,286.85 5,723.72
2018-03-31 9,810.69 27,286.85 5,723.72
2017-12-31 9,162.33 26,766.39 6,730.64
2017-09-30 9,162.33 26,766.39 6,730.64
2017-06-30 8,145.59 25,459.59 5,480.05
2017-03-31 8,145.59 25,459.59 5,480.05
2016-12-31 7,681.64 26,781.76 6,165.61
2016-09-30 7,681.64 26,781.76 6,165.61
2016-06-30 7,400.69 23,655.92 4,410.05
2016-03-31 7,400.69 23,655.92 4,410.05
2015-12-31 7,502.42 19,798.60 1,325.22
2015-09-30 7,502.42 19,798.60 1,325.22
2015-06-30 6,620.48 15,725.67 2,902.98
2015-03-31 6,620.48 15,725.67 2,902.98
2014-12-31 5,516.03 14,841.08 3,677.87
2014-09-30 5,516.03 14,841.08 3,677.87
2014-06-30 4,624.97 12,913.50 2,428.37
2014-03-31 4,624.97 12,913.50 2,428.37
2013-12-31 2,751.39 13,802.04 2,119.54
2013-09-30 2,273.15 13,041.21 2,276.77
2012-12-31 1,840.16 10,194.45 1,824.12
  • Sunshine 100 China Holdings's level of debt (278.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (568% vs 278.1% today).
  • Debt is not well covered by operating cash flow (6.6%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 6.8x coverage).
X
Financial health checks
We assess Sunshine 100 China Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sunshine 100 China Holdings has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Sunshine 100 China Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Sunshine 100 China Holdings dividends.
If you bought HK$2,000 of Sunshine 100 China Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Sunshine 100 China Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Sunshine 100 China Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:2608 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 135 Stocks 3.9%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 916 Stocks 3.4%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:2608 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
SEHK:2608 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2017-09-15 0.000 0.000
2017-08-29 0.000 0.000
2017-04-27 0.000 0.000
2017-03-29 0.000 0.000
2016-04-29 0.059 2.073

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Sunshine 100 China Holdings has not reported any payouts.
  • Unable to verify if Sunshine 100 China Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Sunshine 100 China Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Sunshine 100 China Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Sunshine 100 China Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sunshine 100 China Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sunshine 100 China Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Sunshine 100 China Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Xiaodi Yi
COMPENSATION CN¥2,400,000
AGE 54
TENURE AS CEO 0.8 years
CEO Bio

Mr. Xiaodi Yi has been the Chairman of the Board of Sunshine 100 China Holdings Limited since September 20, 2007 and its Chief Executive Officer since May 11, 2018. Mr. Yi has been an Executive Director of Sunshine 100 China Holdings Limited since September 2007 and previously served as its Chief Executive Officer from September 20, 2007 to August 25, 2016. Mr. Yi has extensive experience in the real estate development industry in China. In 1992, Mr. Yi established Guangxi Vantone Enterprise Development Company in Guangxi. He established the “Sunshine 100” brand in 2000 through the development of the Sunshine 100 International Apartment project in Beijing. Mr. Yi serves as Investment Advisory Committee at FDH PE Investment Fund Management (Tianjin) Co., Ltd. He received an award for being a leader in real estate innovation in Beijing from sina.com in 2003, an award for being one of China’s influential persons during China’s 10 years of transformation by the Asian Living Environment Association and the Economic Observer in 2004, an award for his outstanding contributions to creating a living environment in China by the China Real Estate and Residential Housing Research Association and the Chinese Environmental Protection Fund in 2005, an award for outstanding contribution to the creation of value in cities in China by the Chinese Living Environment Committee in 2006, an award named him a Person of Outstanding Contribution of 2006 China Chuangyi Real Estate Annual Meeting in 2007 by Lanchou Real Estate Commentary, sina.com, College of Real Estate of Beijing Normal University and Chinese Living Environment Committee, an award for special contribution for 2009 China urban commercial value by China Federation of Urban Commercial Outlets Construction Administration and the International Real Estate Federation, an award named him an Influential Person of 2009 Lanchou Real Estate by Lanchou Real Estate Media and Sina Leju an award for being one of the most respected entrepreneur of China in 2012 by Hurun Report and an award for being one of the top 10 annual persons in 2009 China brand real estate by China Brand Union Association and China Real Estate Chamber of Commerce, and the “Special Promoting Award” on the 14th Venice Architectural Biennale-paralleled with the first exhibition in Chinese Cities Hall in June 2014. Mr. Yi was appointed the lecturer for the outstanding alumni’s series report course from September 2006 to July 2011 by the Alumni Association of Beijing Normal University. He was the Vice Executive Chairman for the second session of the Guangxi Chamber of Commerce in Beijing and a member of the Entrepreneurial Forum of Sohu. He obtained a bachelor of science degree in geography from Beijing Normal University in July 1986 and a master’s degree in economics from Renmin University of China in October 1989.

CEO Compensation
  • Xiaodi's compensation has increased by more than 20% in the past year.
  • Xiaodi's remuneration is about average for companies of similar size in Hong Kong.
Management Team

Xiaodi Yi

TITLE
Chairman of the Board & CEO
COMPENSATION
CN¥2M
AGE
54
TENURE
0.8 yrs

Shengjie Chen

TITLE
Chief Financial Officer
AGE
56
TENURE
1.1 yrs

Jie He

TITLE
Chief Legal Officer
AGE
56

Jason Tang

TITLE
Associate CFO & IR contact
AGE
41

Chaogang Sheng

TITLE
Head of Development Department

Maurice Ngai

TITLE
Joint Company Secretary
AGE
56
Board of Directors Tenure

Average tenure and age of the Sunshine 100 China Holdings board of directors in years:

4.3
Average Tenure
55
Average Age
  • The tenure for the Sunshine 100 China Holdings board of directors is about average.
Board of Directors

Xiaochong Fan

TITLE
Vice Chairman
COMPENSATION
CN¥2M
AGE
52
TENURE
2.5 yrs

Xiaodi Yi

TITLE
Chairman of the Board & CEO
COMPENSATION
CN¥2M
AGE
54
TENURE
11.4 yrs

Jun Xie

TITLE
Chairman of Property Holding Company
AGE
50

Bo Wang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥197K
AGE
60
TENURE
3.5 yrs

Xiaohua Fan

TITLE
Non-Executive Director
COMPENSATION
CN¥730K
AGE
76
TENURE
11.4 yrs

Yongchuang Gu Gu

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥208K
AGE
74
TENURE
5 yrs

Gongquan Wang

TITLE
Non-Executive Director
COMPENSATION
CN¥197K
AGE
55
TENURE
3.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
30. Jan 19 Buy Delight Grandeur Limited Company 25. Jan 19 25. Jan 19 2,600,000 HK$1.56 HK$4,066,406
25. Jan 19 Buy Delight Grandeur Limited Company 22. Jan 19 22. Jan 19 7,100,000 HK$1.65 HK$11,717,817
25. Jan 19 Buy Delight Grandeur Limited Company 23. Jan 19 23. Jan 19 5,500,000 HK$1.55 HK$8,499,714
24. Jan 19 Buy Delight Grandeur Limited Company 21. Jan 19 21. Jan 19 2,800,000 HK$1.68 HK$4,702,315
23. Jan 19 Buy Delight Grandeur Limited Company 18. Jan 19 18. Jan 19 800,000 HK$1.70 HK$1,356,000
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Management checks
We assess Sunshine 100 China Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sunshine 100 China Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Could Sunshine 100 China Holdings Ltd's (HKG:2608) Investor Composition Influence The Stock Price?

Every investor in Sunshine 100 China Holdings Ltd (HKG:2608) should be aware of the most powerful shareholder groups. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Sunshine 100 China Holdings has a market capitalization of HK$9.9b, so we would expect some institutional investors to have noticed the stock.

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Why Sunshine 100 China Holdings Ltd's (HKG:2608) High P/E Ratio Isn't Necessarily A Bad Thing

To keep it practical, we'll show how Sunshine 100 China Holdings Ltd's (HKG:2608) P/E ratio could help you assess the value on offer. … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS) … P/E of 16.08 = CN¥3.38 (Note: this is the share price in the reporting currency, namely, CNY ) ÷ CN¥0.21

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Should You Be Happy With Sunshine 100 China Holdings Ltd's (HKG:2608) Performance Lately?

Assessing Sunshine 100 China Holdings Ltd's (HKG:2608) past track record of performance is a valuable exercise for investors. … Today I will assess 2608's recent performance announced on 30 June 2018 and evaluate these figures to its longer term trend and industry movements. … How Did 2608's Recent Performance Stack Up Against Its Past.

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Why Sunshine 100 China Holdings Ltd's (HKG:2608) Ownership Structure Is Important

I am going to take a deep dive into Sunshine 100 China Holdings Ltd’s (HKG:2608) most recent ownership structure, not a frequent subject of discussion among individual investors. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … Therefore, it is beneficial for us to examine 2608's ownership structure in more detail.

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Is Sunshine 100 China Holdings Ltd (HKG:2608) A Sell At Its Current PE Ratio?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to begin learning the link between Sunshine 100 China Holdings Ltd (HKG:2608)’s fundamentals and stock market performance. … While this makes 2608 appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio

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Company Info

Map
Description

Sunshine 100 China Holdings Ltd operates as a real estate developer in the People’s Republic of China. It operates through five segments: Mixed-Use Business Complexes, Multi-Functional Residential Communities, Investment Properties, Property Management and Hotel Operation, and Light-Asset Operation. The Mixed-Use Business Complexes segment develops and sells business complex products. The Multi-Functional Residential Communities segment engages in the development and sale of residential properties; and development of land. The Investment Properties segment leases offices and commercial premises. The Property Management and Hotel Operation segment provides property management and hotel accommodation services. The Light-Asset Operation segment provides property selling agency and brand-use services. The company also offers agency, consulting, landscaping, tourism, retail, and culture development services; and enterprise, business, sales, catering, and commercial management services, as well as undertakes construction, design, and decoration projects. The company was incorporated in 2007 and is headquartered in Beijing, the People’s Republic of China. Sunshine 100 China Holdings Ltd is a subsidiary of Joywise Holdings Limited.

Details
Name: Sunshine 100 China Holdings Ltd
2608
Exchange: SEHK
Founded: 2007
HK$4,021,653,088
2,561,562,477
Website: http://www.ss100.com.cn
Address: Sunshine 100 China Holdings Ltd
Tower D,
12th Floor,
Beijing,
100026,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 2608 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 13. Mar 2014
Number of employees
Current staff
Staff numbers
4,643
Sunshine 100 China Holdings employees.
Industry
Real Estate Development
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/23 13:08
End of day share price update: 2019/02/22 00:00
Last estimates confirmation: 2017/04/28
Last earnings filing: 2018/09/03
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.