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Sino-Ocean Group Holding
(OTC:3377)
Sino-Ocean Group Holding (3377) vs. iShares MSCI Hong Kong ETF (EWH)
Sino-Ocean Group Holding Business Overview & Revenue Model
Sino-Ocean Group Holding Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 23.64B | 46.46B | 46.13B | 64.25B | 56.51B |
| Gross Profit | -398.19M | 1.18B | 2.38B | 11.26B | 10.46B |
| EBITDA | -11.94B | -15.64B | -8.96B | 12.22B | 12.31B |
| Net Income | -18.62B | -21.10B | -15.65B | 5.09B | 4.68B |
Balance Sheet | |||||
| Total Assets | 181.41B | 206.17B | 246.07B | 281.25B | 259.69B |
| Cash, Cash Equivalents and Short-Term Investments | 1.96B | 2.64B | 5.60B | 22.22B | 39.14B |
| Total Debt | 97.78B | 98.12B | 97.42B | 92.65B | 82.35B |
| Total Liabilities | 181.19B | 185.38B | 198.19B | 204.80B | 189.78B |
| Stockholders Equity | -12.66B | 7.03B | 31.75B | 55.07B | 53.65B |
Cash Flow | |||||
| Free Cash Flow | -1.18B | 1.45B | -15.94B | -8.24B | 10.77B |
| Operating Cash Flow | -1.03B | 1.63B | -15.53B | -7.94B | 11.42B |
| Investing Cash Flow | 3.49B | 6.51B | 6.47B | -12.68B | 2.27B |
| Financing Cash Flow | -2.54B | -10.77B | -7.98B | 3.22B | -5.37B |
Sino-Ocean Group Holding Technical Analysis
Sino-Ocean Group Holding Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
49 Neutral | HK$1.46B | -2.02 | -3.50% | ― | -55.51% | -67.95% | |
47 Neutral | HK$2.57B | -4.85 | ― | ― | -21.25% | 24.06% | |
46 Neutral | HK$1.37B | -0.74 | -23.07% | 4.29% | -16.06% | -529.92% | |
44 Neutral | HK$722.55M | -3.28 | -3.48% | 4.10% | -1.26% | 54.17% | |
41 Neutral | $1.79B | ― | -154.48% | ― | -57.94% | 45.77% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
Sino-Ocean Group Holding Corporate Events
Sino-Ocean Group Holding Limited announced its unaudited operating statistics for August 2025, reporting contracted sales of approximately RMB1.70 billion and a contracted sales GFA of about 117,600 sq.m. The accumulated contracted sales from January to August 2025 reached approximately RMB16.44 billion, with an average selling price of RMB15,300/sq.m. This data, based on preliminary internal information, may differ from future audited figures, and stakeholders are advised to exercise caution.
Sino-Ocean Group Holding Limited announced the unaudited consolidated financial results of its subsidiary, Beijing Sino-Ocean Group Holding Limited, for the first half of 2025. The financial statements reveal a significant net loss of RMB 15.97 billion, compared to a loss of RMB 2.46 billion in the same period last year, alongside a substantial drop in revenue. This financial downturn highlights the challenges faced by the company, impacting its market positioning and raising concerns among stakeholders regarding its financial stability.
Sino-Ocean Group Holding announced its interim results for the first half of 2025, highlighting a significant transformation in its business model amidst a challenging real estate market in China. The company reported a 53% year-on-year decrease in revenue to RMB6,203 million and a gross loss of RMB4,966 million, but achieved a profit attributable to owners of RMB10,202 million due to non-cash gains from offshore debt restructuring. The Group’s strategic shift towards asset-light businesses increased revenue contributions from property management and related services to 45%. Despite a decrease in contracted sales and ongoing market challenges, Sino-Ocean is optimistic about future opportunities in urban renewal and asset management as the industry moves towards improving the quality and efficiency of existing assets.
Sino-Ocean Group Holding Limited has announced a profit alert for the six months ending June 30, 2025, expecting a profit between RMB9,500 million to RMB11,000 million, contrasting with a loss of RMB5,382 million in the same period of 2024. This anticipated profit is largely due to non-cash gains from offshore debt restructuring, while underlying operations continue to face challenges from the Chinese real estate market’s adjustments, impacting revenue and profit margins.
Sino-Ocean Group Holding Limited has announced that its board of directors will convene on August 28, 2025, to approve and publish the interim results for the first half of the year ending June 30, 2025. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and strategic direction for the remainder of the year.
Sino-Ocean Group Holding Limited announced the suspension of trading for seven corporate bonds issued by its subsidiary, Beijing Sino-Ocean Group Holding Limited, on the Shanghai Stock Exchange starting August 15, 2025. This move is part of efforts to manage repayment arrangements and ensure transparent information disclosure, with the company actively engaging with investors to resolve risks and planning to resume trading once matters are confirmed.
Sino-Ocean Group Holding Limited announced its unaudited operating statistics for July 2025, reporting contracted sales of approximately RMB1.37 billion and a contracted sales gross floor area of about 107,400 square meters. For the first seven months of 2025, the company achieved accumulated contracted sales of approximately RMB14.74 billion, with a gross floor area of 956,400 square meters. The announcement highlights the company’s ongoing performance in the real estate market, though it advises caution as these figures are preliminary and subject to change.
Sino-Ocean Group Holding Limited announced a restructuring plan for its subsidiary, Beijing Sino-Ocean Group Holding Limited, to address liquidity challenges and stabilize operations. The plan includes options for bondholders such as cash repurchase, equity economic income rights, and debt settlement with assets, aiming to adjust repayment arrangements for existing bonds and improve financial sustainability.
Sino-Ocean Group Holding Limited has announced details regarding the repayment of its corporate bonds, specifically ‘H19 Sino-Ocean 1’ and ‘H19 Sino-Ocean 2’, issued by its subsidiary, Beijing Sino-Ocean Group Holding Limited. The company has set a repayment percentage of 0.3% for the bonds, with a grace period of 30 trading days to ensure smooth repayment. This move is part of the company’s efforts to manage its debt obligations effectively, which could impact its financial stability and investor confidence.