Trade China Sunsine - QESsg CFD

Trading Conditions

• Type: CFD
• Spread: 0.007
• Long position overnight funding adjustment: -0.01368%
• Short position overnight funding adjustment: -0.00824%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: SGD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: Singapore
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: N/A
• Open: 0.649
• 1-Year Change: 61.44%
• Day's Range: 0.649 - 0.649

China Sunsine Company profile

About China Sunsine Chemical Holdings Ltd.

China Sunsine Chemical Holdings Ltd. is a Singapore-based investment holding company. The Company is engaged in the production of specialty chemical, rubber accelerators and insoluble sulfur in the People's Republic of China (PRC). The Company operates through three segments: the manufacturing and sale of rubber chemicals, the production and supply of heating power, and waste treatment. It offers a range of rubber chemical products for tyres and other rubber-related products, such as shoes, belts and hoses. The Company’s production facilities are located at Shanxian, Weifang and Dingtao in Shandong Province, the PRC. Its total production capacity is approximately 192,000 tons per annum, comprising over 117,000 tons of rubber accelerators, approximately 30,000 tons of insoluble sulfur and over 45,000 tons of antioxidants. The Company operates in North America, South America, Europe, Asia-Pacific and China.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, China Sunsine Chemical Holdings Ltd. revenues increased 60% to RMB3.73B. Net income increased from RMB218.8M to RMB506.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Dividend per share remained flat at RMB0.05. Basic Earnings per Share excluding Extraordinary Items increased from RMB0.22 to RMB0.52.