|Bid||1.1400 x 0|
|Ask||1.1500 x 0|
|Day's range||1.1400 - 1.1600|
|52-week range||0.9050 - 1.4400|
|Beta (3Y monthly)||1.13|
|PE ratio (TTM)||5.56|
|Forward dividend & yield||0.06 (4.78%)|
|1y target est||1.80|
China Sunsine Chemical Holdings Ltd (SGX: CH8) has tripled its share price since 2016. Is this a great business to own?
SINGAPORE (Mar 13): China Sunsine Chemical Holdings says its subsidiary, Shandong Sunsine, has agreed to invest up to RMB2.5 billion ($505 million) on a piece of land in Shanxian county, Shandong, to further expand its capacities in rubber chemical products. Out of the total investment sum, Shandong Sunsine intends to commit RMB1.5 billion to property, plant and equipment. Under its agreement with Shanxian’s government, Shandong Sunsine will pay RMB20,000 per mu as a deposit for the land, which spans approximately 800 mu or some 534,000 sq m.