Stock Analysis: China Sunsine Chemical Holdings | Lianhe Zaobao
China Sunsine Chemical recommends buying, with the target price raised from RMB 0.75 to RMB 0.95. Despite the average selling price softening, the earnings for the third quarter of the fiscal year 2025 met expectations, and sales demonstrated resilience. The company plans to implement a new minimum dividend policy in the fiscal years 2025 and 2026, distributing at least 40% of core net profit as dividends every six months, showing confidence in future development
China Sunsine Chemical Holdings
- Recommendation: Buy
- Target Price: CNY 0.95
- Closing Price: CNY 0.79 (-0.63%)
China Sunsine Chemical Holdings' Q3 FY2025 earnings met expectations, despite a softening average selling price, sales still demonstrated resilience.
Further Reading
Stock Evaluation: IREIT Global Stock Evaluation: New Horizon Group
The company's management plans to implement a new minimum dividend policy in FY2025 and FY2026, distributing at least 40% of core net profit as dividends every six months. This exceeds the new high of 36% dividend payout ratio in 2024, showing the company's confidence in future development.
The company's stock price valuation remains attractive, and we maintain a "Buy" rating, raising the original target price from CNY 0.75 by 27% to CNY 0.95. (UOB Kay Hian)
Continue reading on the early news app
Expand full text
