Sino-Ocean stock reports a RMB 7.192216 billion interim loss

Published on 10/07/2026 at 03:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sino-Ocean stock was trading at HKD 0.03 on October 7, 2026, while its June interim loss reached RMB 7.192216 billion. September conversions added 296,089 shares.

Sino-Ocean, HK3377040226, Illustration mit AI erstellt.

Sino-Ocean stock (ISIN HK3377040226) was trading at HKD 0.03 on HKEX on October 7, 2026 at 9:29 a.m. HKT, down 2.94 percent from the prior close. The companys June 30, 2026 interim figures put the spotlight on a RMB 7.192216 billion loss attributable to shareholders.

Interim loss sets the tone

According to etnet, Sino-Ocean reported interim turnover of RMB 6.596507 billion for the six months ended June 30, 2026. Gross profit was RMB 15.485 million, while the loss attributable to shareholders reached RMB 7.192216 billion and basic loss per share was RMB 0.598.

The contrast between operating revenue and bottom-line performance is material for investors: turnover remained positive, but the interim loss was more than 1,000 times the reported gross profit. The same interim statement shows net finance costs of RMB 1.667695 billion, adding another pressure point to the earnings picture.

Convertible bonds expand share count

The latest corporate filing adds a capital-structure angle. Futubull reported on October 2, 2026 that Sino-Ocean issued 296,089 ordinary shares during September after holders converted Series B and Series C mandatory convertible bonds.

The issued share count rose from 12,668,321,134 to 12,668,617,223, while treasury shares stayed at zero. The Series B conversion price was HKD 5.74 per share and the Series C conversion price was HKD 17.26, both materially above the October 7 market quotation.

Stock trades at yearly floor

Sino-Ocean stock was trading at the lower bound of its current 52-week range, HKD 0.03 to HKD 0.15, on October 7, 2026. The market capitalization was HKD 417.9 million and volume stood at 12,011,000 shares at the quoted time.

The combination of a low share price, a large interim loss and further share issuance makes the companys capital structure as important as its property operations. Sino-Ocean focuses on property development and investment in China, including residential, office, retail and related services, according to 6ix.

HKD 0.03 remains the key level

At HKD 0.03 on HKEX on October 7, 2026, the stock was trading at its 52-week low, with the interim loss and September conversion activity defining the current investor picture.