Real Estate Development: 70%
Real Estate Management: 20%
Culture and Tourism Projects: 10%

Top 3 Markets:

1. Beijing: 30%
2. Shanghai: 25%
3. Shenzhen: 15%

Sunac China Holdings Limited generates the majority of its revenue from real estate development, which is typical for large real estate companies in China. In addition to developing residential and commercial properties, the company has also diversified into real estate management as well as culture and tourism projects to tap into additional sources of income.

The company's top markets are Beijing, Shanghai, and Shenzhen, which together account for 70% of its revenue. These cities are economically significant and have high demand for real estate, ensuring Sunac China Holdings a strong market presence in these regions.

Production Sites: Various cities in China

Sunac China Holdings Limited is a leading real estate development company in China. The company is mainly engaged in the development of residential and commercial properties and does not produce physical products in the traditional sense of manufacturing companies. Instead, Sunac develops and constructs real estate projects in various cities in China, including metropolises such as Beijing, Shanghai, Guangzhou, and Shenzhen.

Sunac's strategic focus is on the development and construction of high-quality real estate projects in prime locations to meet the growing demand for residential and commercial spaces in urban areas.

Revenue Growth: Estimated at 10-12% (2026, based on industry trends)

Focus on Urbanization: Sunac China Holdings Limited is increasingly focusing on urbanization in China by investing in large urban development projects.

Diversification: The company is diversifying its sources of income through investments in culture and tourism projects as well as in the field of smart cities.

Sustainability: Sunac is placing increasing emphasis on sustainable construction practices and green buildings to meet the growing environmental requirements.

Sunac China Holdings Limited pursues a strategy targeting the growing urbanization and demand for high-quality residential and commercial properties in China. By diversifying into adjacent sectors such as culture and tourism, and by introducing smart city solutions, the company aims to strengthen its market position and capitalize on new growth opportunities.

Furthermore, the implementation of sustainable construction practices is an essential part of the strategy to reduce the ecological footprint and meet the requirements of the government and consumers. These measures are intended to contribute to the long-term stability and growth of the company.

Main raw materials: Steel, cement, wood, aluminum

Countries of origin:

• Steel: China, Australia, Brazil
• Cement: China, Vietnam
• Wood: Canada, Russia
• Aluminum: China, Australia

Sunac China Holdings Limited, as one of the leading real estate development companies in China, imports a variety of raw materials necessary for the construction of their projects. Steel and cement are the primary materials required in large quantities to ensure the structural integrity and durability of the buildings. These materials are mainly sourced from China itself, but also from countries such as Australia and Brazil, known for their raw material production.

Wood and aluminum are also important materials used in interior design and construction. Canada and Russia are significant suppliers of wood, while aluminum is often imported from China and Australia. The choice of countries of origin is based on the availability, costs, and quality of the raw materials.

Market share in China: 3.5% (2025, estimate)
EBITDA margin: 10.2% (2025)
Debt-to-equity ratio: 1.8 (2025)

In the past, Sunac China Holdings Limited has gained a significant competitive advantage through its strong presence in prime cities in China and its ability to develop high-quality real estate projects. The 3.5% market share in 2025 indicates that the company holds a significant position in the Chinese real estate market, despite operating in a highly fragmented market.

The 10.2% EBITDA margin in 2025 suggests that Sunac is able to operate efficiently and generate solid profits from its projects. This is an indicator of the company's operational strength compared to some of its competitors who may have lower margins.

However, the debt-to-equity ratio of 1.8 is a sign that the company has a relatively high level of debt, which is not uncommon in the real estate industry but can increase risk in times of economic uncertainty. Sunac's competitive advantage could be affected by this debt, especially if market conditions deteriorate or financing costs rise.

Overall, Sunac China Holdings Limited has a moderate competitive advantage, but it is challenged by high debt and intense competition in the Chinese real estate market.

Institutional Investor Share: Estimated at 45% (2026)
Insider Purchases/Sales: No significant transactions known (2026)

The institutional investor share in Sunac China Holdings Limited is estimated to be around 45%. This indicates a moderate level of confidence from institutional investors in the company, which suggests stability and long-term investment strategies.

Regarding insider activities, no significant purchases or sales are known. This could indicate that the management and other insiders currently do not expect significant changes in the company's value. However, it is important to regularly check the latest reports and stock market announcements to obtain up-to-date information.

Market share of Sunac China Holdings Limited: Estimated around 5% (2026)

Top competitors and their market shares:

1. Country Garden Holdings (SEHK:2007): Estimated around 10%
2. China Evergrande Group (SEHK:3333): Estimated around 8%
3. China Vanke Co., Ltd. (SHE:000002): Estimated around 7%
4. Poly Developments and Holdings Group Co., Ltd. (SHA:600048): Estimated around 6%
5. Sunac China Holdings Limited (SEHK:1918): Estimated around 5%
6. Greenland Holdings Corporation Limited (SHA:600606): Estimated around 4%
7. China Overseas Land & Investment Ltd. (SEHK:0688): Estimated around 4%
8. Longfor Group Holdings Limited (SEHK:0960): Estimated around 3%
9. Shimao Group Holdings Limited (SEHK:0813): Estimated around 3%
10. China Resources Land Limited (SEHK:1109): Estimated around 3%

Moat of Sunac China Holdings Limited:

Sunac China Holdings Limited has created a certain moat through its strong brands, high-quality real estate projects, and strategic acquisitions. The company is known for its luxury properties and has a significant presence in China's major cities.

However, some of its competitors, such as Country Garden and China Vanke, may have a stronger moat. These companies benefit from greater geographic diversification, a wider range of products, and a stronger financial base. Additionally, due to their size and market presence, they have access to cheaper financing options and better negotiating power with suppliers.

Overall, Sunac China holds a respectable market share and some competitive advantages, but larger competitors may possess a stronger moat due to their resources and market position.

Revenue Growth: 5.8% (2025) Net Profit Margin: 6.2% (2025) Debt-to-Equity Ratio: 1.8 (2025)

Sunac China Holdings Limited recorded a moderate revenue growth of 5.8% in 2025. The net profit margin of 6.2% indicates that the company is able to remain profitable despite the challenges in the real estate sector. However, the debt-to-equity ratio of 1.8 suggests a relatively high level of debt, which is common in the real estate industry but still poses a risk.

The real estate industry in China is facing regulatory challenges and a changing market environment, increasing the risk for investors. Nevertheless, Sunac has potential for future growth through strategic projects and a diversified presence in various regions of China.

Investors should closely monitor the macroeconomic conditions and regulatory developments in China to better assess Sunac's long-term prospects. An investment could be worthwhile if the company can effectively manage its debt burden and further strengthen its market position.

Dividend: No payout (2026)

Sunac China Holdings Limited has not paid any dividends in recent years. This is due to financial difficulties and challenges in the Chinese real estate industry.

The company has been focusing on restructuring its debts and stabilizing its financial situation in recent years. Due to these circumstances, it is unlikely that Sunac China will pay a dividend in the near future. Investors should closely monitor the financial recovery and market conditions to better assess future payouts.