OTCPK:SUNY.F

Stock Analysis Report

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Executive Summary

Sunshine Oilsands Ltd. engages in the evaluation and development of oil sands leases in the Athabasca region of Alberta, Canada.


Snowflake Analysis

Imperfect balance sheet and overvalued.

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: SUNY.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

SUNY.F

2.7%

US Oil and Gas

2.4%

US Market


1 Year Return

993.8%

SUNY.F

-31.6%

US Oil and Gas

9.2%

US Market

Return vs Industry: SUNY.F exceeded the US Oil and Gas industry which returned -33% over the past year.

Return vs Market: SUNY.F exceeded the US Market which returned 8.5% over the past year.


Shareholder returns

SUNY.FIndustryMarket
7 Day0%2.7%2.4%
30 Day0%7.7%10.2%
90 Dayn/a-6.9%3.4%
1 Year993.8%993.8%-28.4%-31.6%11.6%9.2%
3 Year600.0%600.0%-28.9%-36.1%33.7%24.9%
5 Year84.9%84.9%-38.3%-47.6%59.7%41.8%

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

No news available

Valuation

Is Sunshine Oilsands undervalued compared to its fair value and its price relative to the market?

0.5x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SUNY.F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SUNY.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SUNY.F is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: SUNY.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SUNY.F is good value based on its PB Ratio (0.5x) compared to the US Oil and Gas industry average (0.7x).


Next Steps

Future Growth

How is Sunshine Oilsands forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

51.0%

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 SUNY.F’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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Sunshine Oilsands's filings and announcements here.
  • Explore growth companies in the Energy industry.

Past Performance

How has Sunshine Oilsands performed over the past 5 years?

9.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SUNY.F is currently unprofitable.

Growing Profit Margin: SUNY.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SUNY.F is unprofitable, but has reduced losses over the past 5 years at a rate of 9.2% per year.

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

Earnings vs Industry: SUNY.F is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-19.8%).


Return on Equity

High ROE: SUNY.F has a negative Return on Equity (-72.44%), as it is currently unprofitable.


Next Steps

Financial Health

How is Sunshine Oilsands's financial position?


Financial Position Analysis

Short Term Liabilities: SUNY.F's short term assets (CA$22.3M) do not cover its short term liabilities (CA$284.3M).

Long Term Liabilities: SUNY.F's short term assets (CA$22.3M) do not cover its long term liabilities (CA$354.9M).


Debt to Equity History and Analysis

Debt Level: SUNY.F's debt to equity ratio (249.7%) is considered high.

Reducing Debt: SUNY.F's debt to equity ratio has increased from 24.7% to 249.7% 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: SUNY.F has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: SUNY.F is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Sunshine Oilsands's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate SUNY.F'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 SUNY.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SUNY.F'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 SUNY.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

2.5yrs

Average management tenure


CEO

Horst Wolfgang Wunschelmeier

1.75yrs

Tenure

CA$605,010

Compensation

Mr. Horst Wolfgang Wunschelmeier is Chief Executive Officer of Sunshine Oilsands Ltd. since September 1, 2018. 


CEO Compensation Analysis

Compensation vs Market: Horst's total compensation ($USD444.02K) is about average for companies of similar size in the US market ($USD591.64K).

Compensation vs Earnings: Horst's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Kwok Ping Sun
Executive Chairman5yrsCA$1.35m28.03% CA$14.0m
Horst Wolfgang Wunschelmeier
Chief Executive Officer1.75yrsCA$605.01kno data
Pui Yun Ho
CFO & Executive Director3yrsCA$747.27kno data
Chi Ng
Chief Technology Officer1.75yrsCA$306.15kno data
Man Chow
Company Secretary3.17yrsno datano data

2.5yrs

Average Tenure

Experienced Management: SUNY.F's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kwok Ping Sun
Executive Chairman5yrsCA$1.35m28.03% CA$14.0m
Pui Yun Ho
CFO & Executive Director3yrsCA$747.27kno data
Michael Hibberd
Non-Executive Vice Chairman5.58yrsCA$63.00k1.63% CA$809.5k
Yi He
Independent Non-Executive Director4yrsCA$76.00k0.11% CA$53.7k
Xijuan Jiang
Non-Executive Director4yrsCA$51.00k0.081% CA$40.3k
Linna Liu
Non-Executive Director3.17yrsCA$39.00kno data
Guangzhong Xing
Independent Non-Executive Director1yrCA$41.00kno data
Alfa Li
Independent Non-Executive Director0.92yrCA$24.00kno data

3.6yrs

Average Tenure

50yo

Average Age

Experienced Board: SUNY.F's board of directors are considered experienced (3.6 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: SUNY.F 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 5.6%.


Top Shareholders

Company Information

Sunshine Oilsands Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sunshine Oilsands Ltd.
  • Ticker: SUNY.F
  • Exchange: OTCPK
  • Founded: 2007
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: HK$386.073m
  • Listing Market Cap: HK$49.814m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2012SEHK (The Stock Exchange of Hong Kong Ltd.)YesClass A Common SharesHKHKDMar 2012
SUNY.FOTCPK (Pink Sheets LLC)YesClass A Common SharesUSUSDMar 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, including clastics, carbonates, and conventional heavy oil. The company’s seven principal operating regions in the Athabasca area include West Ells, Thickwood, Legend Lake, Harper, Muskwa, Goffer, and Portage. It holds approximately 990,807 acres of leases in the Athabasca oil sands region. The company has 276 million barrels of proved plus probable reserves. Sunshine Oilsands Ltd. was incorporated in 2007 and is headquartered in Calgary, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/04 04:04
End of Day Share Price2020/04/03 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.