Sino-Ocean reports RMB 17.03 billion overdue debt. Sino-Ocean stock stays unchanged

Published on 10/20/2026 at 19:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

September sales reached RMB 600 million on October 14, 2026. Sino-Ocean stock stood at HKD 0.04 on October 20, 2026 at 4:08 p.m. HKT, unchanged.

Debt and sales figures

Overdue debt stood at RMB 17.034 billion on September 30, 2026.
September contracted sales reached RMB 600 million on October 14, 2026.
Sino-Ocean stock stood at HKD 0.04 on October 20, 2026 at 4:08 p.m. HKT and was unchanged versus HKD 0.04.

Sino-Ocean, HK3377040226, Illustration mit AI erstellt.

Sino-Ocean (ISIN HK3377040226) reported RMB 17.034 billion in overdue and unpaid debt as of September 30, 2026. MarketScreener reported the figure on October 15, 2026, while Sino-Ocean stock stood at HKD 0.04 on October 20, 2026 at 4:08 p.m. HKT and was unchanged versus HKD 0.04.

Debt remains the central risk

The overdue balance was RMB 1.126 billion lower than the RMB 18.160 billion reported at the end of 2025, a decrease of 6.20 percent. Bank loans accounted for RMB 4.280 billion of the September balance, while other interest-bearing liabilities contributed RMB 6.495 billion.

MarketScreener said overdue and unpaid amounts increased by RMB 340 million during September. The report also identified RMB 258 million of outstanding corporate bonds and RMB 6.001 billion owed in principal and interest to non-bank institutions.

September sales reached RMB 600 million

Moomoo reported on October 14, 2026 that Sino-Ocean recorded RMB 600 million in contracted sales during September, covering 49,300 square meters at an average selling price of RMB 12,200 per square meter.

For the first nine months of 2026, contracted sales reached RMB 10.34 billion on 845,500 square meters. Project-management services added RMB 2.27 billion during the same period, giving investors a second operating measure alongside the debt figures.

The stock stays near its yearly low

Sino-Ocean stock traded within a HKD 0.03 to HKD 0.14 52-week range on October 20, 2026. At HKD 0.04, the price was 71.43 percent below the 52-week high and 33.33 percent above the low.

Trading volume reached 13,531,000 shares on October 20, 2026. The market capitalization was HKD 443.4 million, while the year-to-date performance stood at minus 65.35 percent.

Debt restructuring shapes the outlook

A September 30, 2026 company update said bondholders had approved an onshore debt restructuring plan. The arrangement extended relevant bond maturities to September 2035 and reduced the interest rate to 1.00 percent per year, according to Moomoo.

The combination of lower contracted sales scale and substantial overdue debt keeps financing execution central to the stock's valuation. The September sales release and debt update provide the latest dated operating and balance-sheet markers.

Price and market position

Sino-Ocean stock stood at HKD 0.04 on October 20, 2026 at 4:08 p.m. HKT on the HKEX, unchanged against the HKD 0.04 prior close. The price was 71.43 percent below the HKD 0.14 52-week high.