Sunac China Holdings Limited (SUNAC) financials
HKSE · Real Estate · Real Estate - Development · 29,143 employees · CEO Mengde Wang
- Price
- HK$0.42 0.00%
- Market cap
- HK$8.25B
- Enterprise value
- CN¥205B
- Last report
- Q2 '26 filed 2026-06-30
- Next report
- 2027-03-26
Valuation & key figures
- Market cap
- HK$8.25B EV CN¥205B
- Revenue
- CN¥42.1B Trailing 12 months
- Revenue growth
- – Next fiscal year
- Profit margin
- -28.2% Net income / revenue, TTM
- P/E
- -0.5×
- P/S
- 0.2× Price / sales, TTM
- EV / EBITDA
- 8.6× TTM
- Free cash flow
- -CN¥1.04B Trailing 12 months
- Net income
- -CN¥11.9B Trailing 12 months
- Revenue estimate
- – Next fiscal year
- Earnings
- 2027-03-26
- Dividend
- – No dividend
Key takeaways
Computed from the reported numbers - every statement carries the figure it rests on.
- Revenue growth accelerating: -14.8% year on yearQ2 '26 revenue CN¥17B, against an average of -44.6% over the four half-years before.
- Operating margin -1.2% (TTM), +14.4 pp on a year agoOperating income grew 94.5% while revenue grew -29.4%.
- Capex 0.6% of revenue (a year ago 0.4%)CN¥237M invested in the last 2 half-years (-11.4% on a year earlier). Free cash flow -CN¥1.04B.
- Diluted share count up 59.8% in a year16.2B diluted shares in Q2 '26, 10.2B a year earlier.
- Net debt CN¥198BCash + short-term investments CN¥10.4B, debt incl. leases CN¥208B; a year ago net debt CN¥249B.
Last quarter: Q2 '26
Quarter ended 2026-06-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.
Quarter vs a year ago
| Q2 '26 | Year ago | Change | |
|---|---|---|---|
| Revenue | CN¥17B | CN¥20B | -14.8% |
| Gross margin | -17.2% | -10.4% | -6.7 pp |
| Operating income | -CN¥7.8B | -CN¥8.04B | +2.9% |
| Operating margin | -45.8% | -40.2% | -5.6 pp |
| Net income | -CN¥12.4B | -CN¥12.8B | +3.4% |
| Diluted EPS | -CN¥0.76 | -CN¥1.26 | +39.7% |
| Operating cash flow | -CN¥1.2B | -CN¥3.7B | +67.7% |
| Capex | CN¥139M | CN¥125M | +10.9% |
| Free cash flow | -CN¥1.34B | -CN¥3.83B | +65.1% |
| R&D | CN¥0 | CN¥0 | – |
| Stock-based compensation | CN¥0 | CN¥0 | – |
Revenue
Where the money comes from - by business line and by region, quarter by quarter.
Revenue, operating income and growth
quarterlyMargins & cost structure
How much of each unit of revenue is left at each level - and where the costs go.
Margins
quarterlyCosts as % of revenue
quarterlyCash flow & capital allocation
Cash generated, what it is spent on, and what reaches shareholders.
Operating cash flow, capex, free cash flow
quarterlyUses of cash vs operating cash flow
fiscal yearsLast 2 half-years
cash flow statement- Operating cash flow
- -CN¥808M
- Capex
- -CN¥237M
- Buybacks
- CN¥0
- Dividends
- CN¥0
- Acquisitions
- CN¥642M
- Net debt issued
- -CN¥4.65B
- Stock-based compensation
- CN¥0
- Free cash flow
- -CN¥1.04B
- Returned to shareholders / FCF
- 0.0%
Share count and EPS
quarterly, dilutedBalance sheet
Liquidity, investments and debt at each quarter end.
Cash, investments and debt
quarter endsValuation & returns
Today's multiples against the company's own last five fiscal years; analyst targets and ratings.
Multiples and returns
TTM vs 5 fiscal years| Now | 5y average | Where today sits in the 5-year range | |
|---|---|---|---|
| P/E (TTM) | -0.5× | – | – |
| EV / EBITDA | 8.6× | 49.9× 3 of 5 years | 7.7× – 82.0× |
| EV / Sales | 4.9× | 3.0× | 1.8× – 4.7× |
| Price / FCF | -6.7× | 2.3× 2 of 5 years | 1.3× – 3.4× |
| Price / Book | 0.2× | 0.4× | 0.1× – 0.5× |
| FCF yield | -15.0% | -51.6% | -225.8% – 78.4% |
| Return on invested capital | -0.1% | -4.0% | -10.7% – -0.1% |
| Return on equity | -37.9% | -41.2% | -63.4% – -12.8% |
Financial statements
Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings.
Data as of 2026-11-02 · Amounts in CNY as reported; price and market cap in HKD.