Sunac China Holdings Ltd.

Sunac China Holdings Ltd.

0.07
EUR
0.00
(0.00%)
1.64BMarket Cap
Mar 26Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.89
7.48
6.78
10.19
16.5
28.5
38.96
50.61
42.89
18.06
27.66
8.64
38.3
- -
Basic EPS, GAAP
0.92
0.96
0.97
0.8
2.93
3.92
6.06
7.87
-8.27
-5.16
-1.43
-3
-10.47
- -
Free Cash Flow per Basic Share
2.39
4.98
4.69
1.32
18.1
8.78
2
12.57
-11.07
3.17
-2.99
0.64
2.14
- -
Dividend per Share
0.08
0.19
0.19
0.19
0.25
0.5
0.84
1.26
1.66
- -
- -
- -
- -
- -
Book Value per Share
4.1
4.84
5.59
8.61
12.08
14.15
19.29
26.94
16.5
10.73
7.5
4.39
2.72
2.72
Tangible Book Value per Share
4.03
4.79
5.52
8.5
11.25
10.52
14.34
21.59
12.32
7.32
5.52
2.76
1.72
1.72
Basic Weighted Avg Shares
3,467
3,350
3,394
3,467
3,992
4,376
4,345
4,556
4,625
5,358
5,575
8,564
1,178
1,239
Sales/Revenue/Turnover
30,837
25,072
23,011
35,343
65,874
124,746
169,316
230,587
198,387
96,752
154,231
74,019
45,117
- -
Operating Margin (%)
19.69
11.82
6.18
7.33
6.52
12.77
14.8
13.73
-13.04
-16.6
-9.98
-8.42
-20.37
- -
Depreciation Expense
24
25
28
35
339
992
1,821
2,726
3,782
3,189
3,584
2,982
3,399
- -
Net Income, GAAP
3,178
3,222
3,298
2,781
11,683
17,158
26,347
35,850
-38,265
-27,669
-7,969
-25,695
-12,329
- -
Effective Tax Rate (%)
38.54
34.05
20.93
33.35
24.06
39.14
33.82
31.26
- -
- -
- -
- -
- -
- -
Profit Margin (%)
10.31
12.85
14.33
7.87
17.74
13.75
15.56
15.55
-19.29
-28.6
-5.17
-34.71
-27.33
- -
Working Capital
35,801
32,518
29,230
84,104
113,892
81,985
103,799
151,023
-24,590
-96,069
-20,742
-53,520
-74,455
-74,455
LT Debt
20,872
20,544
27,214
80,200
140,597
137,364
186,979
212,279
87,093
45,459
97,064
73,926
34,701
34,701
Total Equity
18,211
20,983
19,420
35,411
60,638
73,107
114,094
177,830
124,674
86,403
83,786
55,146
46,844
46,844
Return on Invested Capital (%)
8.04
4.37
6.32
3.43
7.29
5
6.23
6.69
- -
- -
- -
- -
- -
- -
Return on Capital (%)
8.03
7.9
7.4
3.88
7.36
6.15
7.34
7.17
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
27.53
21.51
18.65
10.65
27.07
29.72
35.55
33.9
-36.78
-39.26
-13.18
-49.92
-33.02
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
186,186
217,173
154,123
LT Borrowings
73,582
37,724
34,245
LT Finance Leases
345
348
456
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9,230
10,639
12,544
Market Capitalization
19,216
13,023
13,507

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
689,467
664,952
624,595
Cash, Cash Equivalents & STI
8,373
5,309
6,029
Accounts Receivable, Net
4,646
5,244
4,916
Inventories
516,348
492,417
461,698
Total Current Liabilities
742,987
759,048
699,050
Payables & Accruals
- -
- -
- -
ST Debt
186,186
217,173
154,123
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.32%
-22.57%
-15.06%
Free Cash Flow
113.44%
-141.58%
-54.23%
Net Income, GAAP
30.57%
-27.04%
-52.02%
Sales/Revenue/Turnover
20.44%
-19.37%
-39.05%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
154,231
2024
- -
- -
74,019
2025
- -
- -
45,117

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-1.43
2024
- -
- -
-3
2025
- -
- -
-10.47

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Meng De Wang
Full Time Employees
31,365
Sector
Finance
Industry
Real estate development
Address
Rongke Wangjing Center Beijing BE China 100007
IPO Date
Oct 7, 2010
Business
Sunac China Holdings Limited operates as a leading real estate developer headquartered in Tianjin, China, specializing in large-scale, medium to high-end residential and commercial property development. Its core products and services encompass property development; cultural and tourism city construction and operation; property management, including security, cleaning, greening, gardening, and maintenance; ice and snow operation management through its Sunac-BonSki brand which manages large-scale indoor ski resorts across major Chinese cities; hotel operations; office building rentals; film and cultural investment; theme park operations; and fitting and decoration services. The company’s geographical operations span major Chinese cities including Beijing, Chongqing, Wuxi, Shanghai, and Tianjin, among others. Founded in 2003, Sunac has positioned itself as a diversified operator in real estate, cultural tourism, and related service sectors. In recent years, Sunac has pursued an aggressive expansion and diversification strategy, marked by significant acquisitions such as the 2017 acquisition of Dalian Wanda’s tourism projects and hotels in a $9.3 billion deal, elevating its presence in the tourism and hospitality industry. Additionally, in 2016, Sunac acquired a 70% stake in Yunnan Yuntian Huizhong Property Group and multiple real estate projects from Legend Holdings, significantly expanding its land bank across several second-tier Chinese cities. In 2024 and 2025, Sunac has actively engaged in strategic financial restructuring, including a major offshore debt restructuring of approximately $9.6 billion and introducing common and convertible bond issuances to improve financing flexibility. It also entered a recent strategic partnership with New Zealand-based NZSki to promote cross-border ski training and tourism. Sunac continues to innovate through investments in smart city initiatives and sustainable development, with about 50% of its projects certified under green building standards. Sunac’s main industry segments include property development, property investment, property management, cultural tourism, and real estate services, targeting a broad market from residential end-users to commercial tenants and tourism consumers within China and select international partnerships. The company remains focused on integrating high-quality products with diversified business lines such as indoor snow sports, cultural tourism, and film and TV production services to differentiate itself in a competitive market environment. Sunac actively manages over 11 large indoor ski venues and several theme parks, positioning it as a leader in China’s emerging indoor snow sports industry. Overall, Sunac China Holdings Limited leverages its diversified portfolio and extensive geographic footprint within China to provide high-quality real estate developments and comprehensive property and tourism-related services, while managing its capital structure to sustain operational flexibility amid market and regulatory challenges. This strategic approach supports its vision to be a leading integrated urban and cultural developer with growing international ties.