China Sunsine Chemicals Holdings

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(06-01-2014, 05:22 PM)portuser Wrote: Sunsine now produces its own steam for drying rubber chemicals. Production of steam on a larger scale for supply to others cannot be viewed as straying from the core business.
On the other hand, owning the hotel and convention facilities is a diversion. If the company chose this on its own volition, its investment merits should be discounted.
Sunsine’s poor showing in 2012 was the results of several negative developments enumerated in the Chairman’s statement in the annual report.
Higher profit can be expected in 2013, going by rising quarterly profit:
1Q..................RMB11.7m
2Q...................RMB20.5m
3Q....................RMB27.1m
Profit in the first nine months of 2013, amounting to RMB59.2m, was higher than RMB32m of the whole of 2012. If 4Q profit was the same as 3Q, ROE would be 10.8%.
The net profit margin is improving since Q4 2012, which was net loss, and it reached about 6% on Q3 2013. Since FY2012 was a low year, benchmarking with it seems inappropriate. If Q4 is the same as Q3, full year net profit will be about RMB 86 mil. It is still lower than net profit in FY2011, which was RMB 100 mil. Yes, the ROA/ROE will be about 7%/11%. If the improvement sustains, we might be able to see the good old days, when ROA/ROE was around 13%/17% (FY2010) or even better the peak at 16%/20% (FY2008). It means about double the net profit of 86 mil.

I haven't given up yet, but I will not put in the money unless more certainties derived.

(not vested)
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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Messages In This Thread
China Sunsine Chemicals Holdings - by potatolover - 23-04-2012, 09:27 AM
RE: China Sunsine Chemicals Holdings - by touzi - 23-04-2012, 10:36 PM
RE: China Sunsine Chemicals Holdings - by dydx - 10-05-2012, 08:13 PM
RE: China Sunsine Chemicals Holdings - by Nick - 10-05-2012, 11:40 PM
China Sunsine Chemicals Holdings - by godjira1 - 27-08-2012, 09:27 AM
China Sunsine Chemicals Holdings - by godjira1 - 27-08-2012, 03:42 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 29-08-2012, 02:29 PM
RE: China Sunsine Chemicals Holdings - by CY09 - 17-04-2013, 11:51 PM
RE: China Sunsine Chemicals Holdings - by touzi - 18-08-2013, 12:17 AM
RE: China Sunsine Chemicals Holdings - by CityFarmer - 06-01-2014, 09:08 PM
RE: China Sunsine Chemicals Holdings - by touzi - 07-01-2014, 10:58 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 14-01-2014, 10:36 AM
RE: China Sunsine Chemicals Holdings - by touzi - 18-01-2014, 10:43 PM
RE: China Sunsine Chemicals Holdings - by dydx - 19-01-2014, 11:37 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 20-01-2014, 03:14 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 11-02-2014, 11:25 AM
RE: China Sunsine Chemicals Holdings - by cfa - 25-03-2014, 11:16 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 01-05-2014, 04:42 PM
RE: China Sunsine Chemicals Holdings - by SLC81 - 07-05-2014, 10:25 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 08-05-2014, 11:41 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 08-05-2014, 02:15 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 24-06-2014, 10:35 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 16-07-2014, 05:14 PM
RE: China Sunsine Chemicals Holdings - by pianist - 05-07-2014, 06:36 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 07-07-2014, 11:52 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 15-07-2014, 06:34 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 16-07-2014, 09:12 AM
RE: China Sunsine Chemicals Holdings - by GPD - 10-08-2014, 07:21 PM
RE: China Sunsine Chemicals Holdings - by xlandjy - 10-08-2014, 10:54 PM
RE: China Sunsine Chemicals Holdings - by GPD - 11-08-2014, 02:41 PM
RE: China Sunsine Chemicals Holdings - by Adagio - 12-08-2014, 08:12 AM
RE: China Sunsine Chemicals Holdings - by GPD - 12-08-2014, 10:37 PM
RE: China Sunsine Chemicals Holdings - by Adagio - 13-08-2014, 10:39 AM
RE: China Sunsine Chemicals Holdings - by Damien - 20-08-2014, 09:17 PM
RE: China Sunsine Chemicals Holdings - by Damien - 20-08-2014, 09:32 PM
RE: China Sunsine Chemicals Holdings - by GPD - 21-08-2014, 09:00 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 05-09-2014, 11:13 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 08-09-2014, 07:21 PM
RE: China Sunsine Chemicals Holdings - by sunview - 16-09-2014, 10:22 AM
RE: China Sunsine Chemicals Holdings - by Lugi71 - 16-09-2014, 11:34 AM
RE: China Sunsine Chemicals Holdings - by Adagio - 19-09-2014, 04:54 PM
RE: China Sunsine Chemicals Holdings - by sunview - 22-09-2014, 11:10 AM
RE: China Sunsine Chemicals Holdings - by sunview - 23-09-2014, 12:19 PM
RE: China Sunsine Chemicals Holdings - by Jacmar - 22-09-2014, 11:19 AM
RE: China Sunsine Chemicals Holdings - by Damien - 23-09-2014, 08:47 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 23-09-2014, 02:14 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 23-09-2014, 04:11 PM
RE: China Sunsine Chemicals Holdings - by sunview - 17-10-2014, 09:53 AM
RE: China Sunsine Chemicals Holdings - by Newman - 05-11-2014, 07:11 AM
RE: China Sunsine Chemicals Holdings - by weijian - 09-11-2014, 02:51 PM
RE: China Sunsine Chemicals Holdings - by weijian - 09-11-2014, 09:29 PM
RE: China Sunsine Chemicals Holdings - by wahkao - 14-11-2014, 09:44 PM
RE: China Sunsine Chemicals Holdings - by pianist - 15-11-2014, 09:53 AM
RE: China Sunsine Chemicals Holdings - by weii - 17-11-2014, 08:53 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 22-11-2014, 12:42 PM
RE: China Sunsine Chemicals Holdings - by Newman - 27-12-2014, 06:52 PM
RE: China Sunsine Chemicals Holdings - by DCF - 22-01-2015, 05:19 PM
RE: China Sunsine Chemicals Holdings - by DCF - 26-01-2015, 07:08 PM
RE: China Sunsine Chemicals Holdings - by DCF - 26-01-2015, 07:34 PM
RE: China Sunsine Chemicals Holdings - by DCF - 12-02-2015, 09:03 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 18-04-2015, 10:41 PM
RE: China Sunsine Chemicals Holdings - by DCF - 23-10-2015, 08:45 PM
RE: China Sunsine Chemicals Holdings - by DCF - 24-10-2015, 11:35 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 02-11-2015, 11:31 AM
RE: China Sunsine Chemicals Holdings - by touzi - 15-11-2015, 02:50 PM
RE: China Sunsine Chemicals Holdings - by touzi - 17-11-2015, 03:44 PM
RE: China Sunsine Chemicals Holdings - by DCF - 26-12-2015, 10:16 AM
RE: China Sunsine Chemicals Holdings - by ash902 - 06-02-2016, 02:37 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 29-04-2016, 09:38 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 29-04-2016, 12:32 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 29-04-2016, 05:46 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 30-04-2016, 02:53 PM
RE: China Sunsine Chemicals Holdings - by weijian - 27-09-2016, 08:03 AM
RE: China Sunsine Chemicals Holdings - by weijian - 27-09-2016, 02:58 PM
RE: China Sunsine Chemicals Holdings - by gongkia - 05-04-2017, 04:13 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 12-04-2017, 10:02 AM
RE: China Sunsine Chemicals Holdings - by YMPL - 23-04-2017, 09:04 PM
RE: China Sunsine Chemicals Holdings - by YMPL - 24-04-2017, 09:23 AM
RE: China Sunsine Chemicals Holdings - by YMPL - 24-04-2017, 11:29 AM
RE: China Sunsine Chemicals Holdings - by weijian - 24-04-2017, 02:32 PM
RE: China Sunsine Chemicals Holdings - by weijian - 24-04-2017, 06:21 PM
RE: China Sunsine Chemicals Holdings - by gongkia - 27-04-2017, 06:36 PM
RE: China Sunsine Chemicals Holdings - by cyclone - 09-05-2017, 04:51 PM
RE: China Sunsine Chemicals Holdings - by weijian - 09-05-2017, 06:41 PM
RE: China Sunsine Chemicals Holdings - by weijian - 09-05-2017, 09:37 PM
RE: China Sunsine Chemicals Holdings - by zz... - 10-05-2017, 09:45 PM
RE: China Sunsine Chemicals Holdings - by YMPL - 11-05-2017, 09:31 AM
RE: China Sunsine Chemicals Holdings - by yeokiwi - 11-05-2017, 09:49 AM
RE: China Sunsine Chemicals Holdings - by Jacmar - 11-05-2017, 09:59 AM
RE: China Sunsine Chemicals Holdings - by weijian - 11-05-2017, 11:21 AM
RE: China Sunsine Chemicals Holdings - by gongkia - 14-05-2017, 10:37 PM
RE: China Sunsine Chemicals Holdings - by gongkia - 17-05-2017, 10:47 PM
RE: China Sunsine Chemicals Holdings - by gongkia - 18-05-2017, 08:30 AM
RE: China Sunsine Chemicals Holdings - by gongkia - 21-05-2017, 10:37 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 29-05-2017, 07:16 AM
RE: China Sunsine Chemicals Holdings - by DCF - 30-05-2017, 09:56 AM
RE: China Sunsine Chemicals Holdings - by weijian - 30-05-2017, 08:43 PM
RE: China Sunsine Chemicals Holdings - by crubs - 30-05-2017, 05:54 PM
RE: China Sunsine Chemicals Holdings - by gongkia - 12-06-2017, 10:35 PM
RE: China Sunsine Chemicals Holdings - by gongkia - 19-06-2017, 08:43 AM
RE: China Sunsine Chemicals Holdings - by weijian - 19-06-2017, 09:23 AM
RE: China Sunsine Chemicals Holdings - by weijian - 19-06-2017, 01:16 PM
RE: China Sunsine Chemicals Holdings - by crubs - 19-06-2017, 07:06 PM
RE: China Sunsine Chemicals Holdings - by crubs - 24-06-2017, 05:47 PM
RE: China Sunsine Chemicals Holdings - by PkNanas - 29-06-2017, 09:40 AM
RE: China Sunsine Chemicals Holdings - by PkNanas - 01-07-2017, 10:34 AM
RE: China Sunsine Chemicals Holdings - by PkNanas - 06-07-2017, 05:28 PM
RE: China Sunsine Chemicals Holdings - by crubs - 01-07-2017, 05:26 PM
RE: China Sunsine Chemicals Holdings - by PkNanas - 05-07-2017, 01:17 PM
RE: China Sunsine Chemicals Holdings - by crubs - 06-07-2017, 05:44 PM
RE: China Sunsine Chemicals Holdings - by PkNanas - 06-07-2017, 05:36 PM
RE: China Sunsine Chemicals Holdings - by PkNanas - 19-07-2017, 11:42 AM
RE: China Sunsine Chemicals Holdings - by crubs - 13-07-2017, 06:54 PM
RE: China Sunsine Chemicals Holdings - by DCF - 19-07-2017, 03:53 PM
RE: China Sunsine Chemicals Holdings - by weijian - 24-07-2017, 11:55 AM
RE: China Sunsine Chemicals Holdings - by weijian - 24-07-2017, 09:14 PM
RE: China Sunsine Chemicals Holdings - by YMPL - 25-07-2017, 09:29 AM
RE: China Sunsine Chemicals Holdings - by weijian - 26-07-2017, 03:35 PM
RE: China Sunsine Chemicals Holdings - by weijian - 24-07-2017, 09:10 PM
RE: China Sunsine Chemicals Holdings - by weijian - 26-07-2017, 03:51 PM
RE: China Sunsine Chemicals Holdings - by PkNanas - 27-07-2017, 10:22 AM
RE: China Sunsine Chemicals Holdings - by weijian - 01-08-2017, 11:08 AM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 31-07-2017, 10:39 AM
RE: China Sunsine Chemicals Holdings - by weijian - 01-08-2017, 12:09 PM
RE: China Sunsine Chemicals Holdings - by weijian - 02-08-2017, 07:52 AM
RE: China Sunsine Chemicals Holdings - by YMPL - 02-08-2017, 09:28 AM
RE: China Sunsine Chemicals Holdings - by weijian - 02-08-2017, 11:57 AM
RE: China Sunsine Chemicals Holdings - by weijian - 09-08-2017, 11:52 AM
RE: China Sunsine Chemicals Holdings - by brattzz - 09-08-2017, 01:41 PM
RE: China Sunsine Chemicals Holdings - by FA+TA - 09-08-2017, 06:03 PM
RE: China Sunsine Chemicals Holdings - by YMPL - 09-08-2017, 06:03 PM
RE: China Sunsine Chemicals Holdings - by weijian - 09-08-2017, 09:48 PM
RE: China Sunsine Chemicals Holdings - by banker - 17-08-2017, 08:49 PM
RE: China Sunsine Chemicals Holdings - by weijian - 17-08-2017, 09:33 PM
RE: China Sunsine Chemicals Holdings - by YMPL - 15-08-2017, 01:56 PM
RE: China Sunsine Chemicals Holdings - by YMPL - 15-08-2017, 08:40 PM
RE: China Sunsine Chemicals Holdings - by Sfsh12 - 24-08-2017, 09:46 PM
RE: China Sunsine Chemicals Holdings - by crubs - 08-10-2017, 09:43 PM
RE: China Sunsine Chemicals Holdings - by crubs - 09-10-2017, 05:37 PM
China Sunsine Chemicals Holdings - by kyle - 16-11-2017, 02:11 PM
RE: China Sunsine Chemicals Holdings - by DCF - 05-12-2017, 05:23 PM
RE: China Sunsine Chemicals Holdings - by DCF - 28-12-2017, 09:34 AM
RE: China Sunsine Chemicals Holdings - by DCF - 02-01-2018, 04:42 PM
RE: China Sunsine Chemicals Holdings - by cyclone - 19-04-2018, 07:45 PM
RE: China Sunsine Chemicals Holdings - by Terry - 20-04-2018, 06:10 PM
RE: China Sunsine Chemicals Holdings - by DCF - 11-06-2018, 04:48 PM
RE: China Sunsine Chemicals Holdings - by DCF - 22-06-2018, 03:32 PM
RE: China Sunsine Chemicals Holdings - by cyclone - 09-07-2018, 02:19 PM
RE: China Sunsine Chemicals Holdings - by cyclone - 09-07-2018, 06:02 PM
RE: China Sunsine Chemicals Holdings - by touzi - 15-08-2018, 09:39 PM
RE: China Sunsine Chemicals Holdings - by cyclone - 20-09-2019, 06:58 PM
RE: China Sunsine Chemicals Holdings - by touzi - 27-05-2020, 10:28 AM
RE: China Sunsine Chemicals Holdings - by weijian - 27-05-2020, 02:52 PM
RE: China Sunsine Chemicals Holdings - by touzi - 27-05-2020, 11:31 PM
RE: China Sunsine Chemicals Holdings - by d.o.g. - 25-08-2023, 06:09 PM
RE: China Sunsine Chemicals Holdings - by weijian - 24-04-2024, 11:07 AM
RE: China Sunsine Chemicals Holdings - by dzwm87 - 16-09-2024, 10:28 AM
RE: China Sunsine Chemicals Holdings - by weijian - 17-09-2024, 04:42 PM

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