China Sunsine Chemical Holdings

Why we sell the stocks even if we still like the companies
SINGAPORE (Apr 22): Let me start by wishing our Christian readers a blessed Easter. This week, I would like to take a bit of space to explain why we recently disposed of several of our investments, some at a loss. We make big mistakes too, and it highlights the limitations of investing based on data analytics. We decided to cut our losses in DIP Corp, a stock that we have held since the ...
China Sunsine scaling up manufacturing to ride soaring tyre demand: Maybank
SINGAPORE (Apr 16): Maybank Kim Eng says China Sunsine is scaling up manufacturing capacities of its rubber chemicals plants in China to ride on global soaring tyre demand. China Sunsine has obtained government approval for the trial run of its new 30k tonne capacity production line to manufacture TBBS rubber chemical and a 10k tonne insoluble sulphur (IS) line at its current Shanxian ...
China Sunsine to acquire land in Shandong for $505 mil investment project
SINGAPORE (Mar 13): China Sunsine Chemical Holdings says its subsidiary, Shandong Sunsine, has agreed to invest up to RMB2.5 billion ($505 million) on a piece of land in Shanxian county, Shandong, to further expand its capacities in rubber chemical products. Out of the total investment sum, Shandong Sunsine intends to commit RMB1.5 billion to property, plant and equipment. Under its ...
China Sunsine posts 18% decline in 4Q earnings to $21.9 mil on lower revenue
SINGAPORE (Feb 28): China Sunsine Chemical Holdings has announced earnings of RMB 108.6 million ($21.9 million) for the 4Q18 ended December, 18% lower than RMB 132.0 million a year ago. This brings full-year earnings to RMB 641.3 million for FY18, 88% higher than RMB 341.3 million a year ago. 4Q18 revenue fell 12% to RMB 770.1 million, from RMB 873.3 million a year ago, despite a 3% growth ...
Investing in late-cycle earnings growth
SINGAPORE (Feb 25): Positive news flow on the ongoing US-China trade talks continued to buoy sentiment for global stocks over the past week. Following reported progress after days of negotiations in Beijing, further discussions have resumed in the US. Clearly, markets have now priced in some sort of deal to avert another tariff hike or, at the very least, an extension to the March 1 ...
Of Big Tech and S-curves
SINGAPORE (Nov 19): US stocks rebounded higher at the start of the month, on the heels of the steep selloff in October, where the Dow Jones Industrial Average and Standard & Poor’s 500 index fell 5.1% and 6.9% respectively. The reprieve was short-lived, however, as stocks succumbed to another wave of selling this week.   Judging from the market’s reaction to the latest 3Q2018 ...
China Sunsine posts 85% rise in 3Q earnings to $28.6 mil on higher revenue, profit margin
SINGAPORE (Nov 6): Specialty rubber chemicals producer and rubber accelerators supplier China Sunsine Chemical Holdings saw its earnings jump 85% to RMB 143.4 million ($28.6 million) for the 3Q18 ended September, from RMB 77.6 million a year ago. The increase was on the back of higher revenue and gross profit margin. 3Q18 revenue rose 22% to RMB 775.6 million, from RMB 634.4 million a year ...
Plunge in raw material prices good news for China Sunsine if ASPs can be maintained
Monday (July 2): A plunge in the prices of raw material could turn in favour of China Sunsine if the producer of rubber chemicals manages to maintain average selling prices (ASPs) for its rubber accelerators, resulting in better gross margins. See: Why these stocks are in our portfolio See also: Our Global Portfolio has consistently outperformed in 2018 According to industry sources, the ...
Buying into China's cleaner environment theme
SINGAPORE (June 25): It has been another tough week for global stocks. The escalating trade rhetoric between the US and China is hurting investor confidence, especially in perceived riskier and export-reliant emerging markets.  My Global Portfolio fared comparatively well against this backdrop, bolstered by gains for technology stocks, which are seen to be more insulated from trade ...
2 China-focused materials stocks are leading the way as sector blazes to 33% returns YTD
SINGAPORE (May 23): China-focused materials stocks China Sunsine Chemical Holdings and Delong Holdings are leading the way, as the sector generated a market capitalisation-weighted total return of 32.9% year-to-date in 2018. The materials sector, which comprises businesses involved in the processing of raw materials, has benefitted so far this year from an improved global economic ...