1. China Stocks

  2. •

    Finance

  3. •

    Real estate development
Sunshine 100 China Holdings Ltd.

Sunshine 100 China Holdings Ltd.

HHKEX:2608
0.01
HKD
0.00
(0.00%)
45.91MMarket Cap
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
2.88
3.78
2.92
2.93
2.89
2.9
3.23
2.26
2.12
0.92
0.82
0.79
0.68
- -
Basic EPS, GAAP
0.34
0.41
0.28
0.1
0.25
-0.01
0.7
0.17
-1.44
-1.24
-1.17
-2.19
-1.41
- -
Free Cash Flow per Basic Share
-0.77
-0.26
-0.75
0.54
1.23
0.65
0.92
0.52
0.11
0.15
0.15
-0.11
0.02
- -
Dividend per Share
- -
- -
- -
0.06
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1
2.31
2.61
2.63
2.85
2.86
3.59
3.68
2.26
1
-0.16
-2.36
-3.76
-2.36
Tangible Book Value per Share
1
2.31
2.61
2.63
2.85
2.86
3.25
3.38
2.26
1
-0.16
-2.36
-3.76
-2.36
Basic Weighted Avg Shares
2,000
1,879
2,195
2,375
2,377
2,612
2,564
2,553
2,551
2,551
2,551
2,551
2,551
2,551
Sales/Revenue/Turnover
5,769
7,104
6,418
6,965
6,875
7,579
8,289
5,760
5,399
2,358
2,102
2,019
1,746
- -
Operating Margin (%)
17.41
9.42
2.19
-2.84
6.06
-6.59
11.41
10.37
-1.48
-5.91
-6.68
-46.26
-6.57
- -
Depreciation Expense
40
48
59
57
43
55
69
138
131
134
65
31
29
- -
Net Income, GAAP
672
767
625
231
593
-30
1,805
438
-3,673
-3,164
-2,986
-5,586
-3,585
- -
Effective Tax Rate (%)
43.43
38.14
38.86
57.11
34.49
60.12
19.99
29.88
- -
- -
- -
- -
- -
- -
Profit Margin (%)
11.65
10.79
9.74
3.32
8.63
-0.4
21.77
7.61
-68.02
-134.19
-142.05
-276.71
-205.38
- -
Working Capital
7,544
7,182
13,084
17,946
17,399
17,942
14,322
13,236
4,292
-5,560
-6,367
-10,393
-15,581
-10,393
LT Debt
8,752
6,837
12,191
18,201
17,942
19,275
14,514
13,709
8,436
1,636
4,109
3,898
967
3,898
Total Equity
2,751
5,516
7,502
7,682
9,162
9,608
11,748
12,170
7,335
3,986
808
-4,991
-8,680
-4,991
Return on Invested Capital (%)
4.76
4.18
2.38
0.9
2.22
0.68
7.66
3.43
- -
- -
- -
- -
- -
- -
Return on Capital (%)
5.59
4.27
3.01
1.14
1.59
-0.4
2.1
0.26
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
40.58
23.19
11.56
3.72
8.67
-0.4
21.69
4.72
-48.52
-76.12
- -
- -
- -
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
22,949
24,528
22,875
LT Borrowings
4,083
2,529
3,884
LT Finance Leases
27
27
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,551
2,551
2,551
Market Capitalization
202
78
43

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
36,620
35,620
34,265
Cash, Cash Equivalents & STI
1,025
817
1,011
Accounts Receivable, Net
398
7,207
451
Inventories
28,304
27,317
25,850
Total Current Liabilities
42,987
45,172
44,658
Payables & Accruals
- -
- -
- -
ST Debt
22,949
24,528
22,875
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-75.67%
-161.82%
73.92%
Free Cash Flow
-42.2%
-65.54%
-116.12%
Net Income, GAAP
-711.94%
-181.33%
-35.82%
Sales/Revenue/Turnover
-9.46%
-18.18%
-13.53%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2,102
2024
- -
- -
2,019
2025
- -
- -
1,746

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-1.17
2024
- -
- -
-2.19
2025
- -
- -
-1.41

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Xiao Di Yi
Full Time Employees
1,481
Sector
Finance
Industry
Real estate development
Address
Tower D Beijing BE China 100026
IPO Date
Mar 13, 2014
Website
ss100.com.cn
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Business
Sunshine 100 China Holdings Ltd is an investment holding company principally engaged in the development, investment, and management of real estate properties in the People's Republic of China. The company operates through five reportable segments: mixed-use business complexes that develop and sell business complex products; multi-functional residential communities that develop and sell residential properties and land; investment properties that lease offices and commercial premises; property management and hotel operation that provide property management services and hotel accommodation; and light-asset operation that offers property selling agency and brand-use services. It focuses on mid-to-high-end integrated urban complexes including residential buildings, shopping centers, office space, and hotels in first- and second-tier cities across regions such as the Bohai Rim, Yangtze River Delta, Pearl River Delta, and Midwest; as of June 30, 2025, land reserves total approximately 3.4 million square meters of gross floor area, with contracted sales of RMB339.5 million and 31,839 square meters in the first half of 2025. Founded in 1999 and headquartered in Beijing, the company is a subsidiary of Joywise Holdings Limited. In recent developments, the group reports revenue of RMB1,376.3 million for the six months ended June 30, 2025, with ongoing efforts to accelerate pre-sales, dispose investment properties, negotiate debt restructurings and extensions with creditors, seek partnerships with larger developers for joint projects or sales, tighten cost controls, and advance healthcare and cultural tourism transformations amid liquidity challenges and overdue borrowings.