What is Sino Horizon Holdings Limited's (2923.TW) StockRank?

MoatMap's StockRank for Sino Horizon Holdings Limited (2923.TW) is 29/100, with a Sell signal. This is a composite score combining Quality (38), Value (40), and Momentum (43) factor ranks across MoatMap's 20,000+ stock universe.

Does Sino Horizon Holdings Limited have an economic moat?

Sino Horizon Holdings Limited (2923.TW) has a Quality factor score of 38/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Sino Horizon Holdings Limited a buy, hold, or sell?

MoatMap's current signal for Sino Horizon Holdings Limited (2923.TW) is Sell, based on a StockRank of 29/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Sino Horizon Holdings Limited in?

Sino Horizon Holdings Limited (2923.TW) operates in the Real Estate sector, specifically the Real Estate - Development industry (China).

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2923.TW

SELLREMOVE

Sino Horizon Holdings Limited · Real Estate · China · $1.4B · Avg Vol: $93K/d

StockRank

P/E (TTM)

—

ROE

-11.0%

D/E

1.1x

Dividend %

0.5%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Sino Horizon is a real estate developer facing structural headwinds in the Chinese property sector. It lacks any alignment with our macro themes and carries high balance sheet risk, making it an easy avoid under our quality and macro lenses.

COMPANY DESCRIPTION

Sino Horizon Holdings Limited is a real estate developer focusing on high-end commercial properties, office towers, and residential developments in major tier-1 and tier-2 cities in mainland China, particularly Shanghai. The company distinguishes itself through its integrated development model, which combines land acquisition, architectural design, construction management, and property leasing. Sino Horizon's competitive moat is anchored by its premium commercial property portfolio, which generates stable recurring rental income from multinational tenants.

FINANCIAL SUMMARY (USD)

Year	2021	2022	2023	2024	2025	CAGR
Revenue	—	294M	374M	273M	185M	-14.3%
EPS	0.02	0.01	0.01	0.01	—	-13.1%
Shares	—	1.7B	1.7B	1.7B	1.7B	0.0%
Debt	—	1.3B	1.5B	1.8B	1.7B	8.5%
Equity	—	1.6B	1.6B	1.6B	1.4B	-4.2%
Op CF	—	62M	10M	-170M	6M	-53.9%
Inv CF	—	184M	-324M	-97M	152M	—
Fin CF	—	-126M	252M	215M	-143M	—

PRICE (1M)-16.6%

SMA 50SMA 200

$0.75

RSI (14)

41.4

52W High

$0.95

From 52W High

0.8%

SCORE BREAKDOWN

Quality

ROIC

-4.2%6.4

ROE

-11.0%6.7

GP/Assets

3.2%18.3

Op. Margin

52.9%71.9

FCF/Assets

22.5%98.2

Piotroski

—22.0

Int. Cover

-2.4x5.3

D/E Ratio

1.12x33.3

Current Ratio

2.94x84.7

Value

P/E (TTM)

—N/A

EV/EBITDA

26.6x18.4

P/FCF

53.3x94.9

P/B

1.0x44.6

P/S

6.3x32.6

Div Yield

0.5%12.7

Momentum

52W High %

79%35.9

RS 6M

-58%7.5

SMA 50/200

1.11x89.4

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—77.1

Q Growth

—N/A

FUNDAMENTALS

Market Cap

$1.4B

P/E (Forward)

42.7x

Gross Margin

52.6%

SECTOR PEERS

Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of 2923.TW are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
2923.TW	Sino Horizon Holdings Limited(you)	$1.4B	29	SELL
600748.SS	Shanghai Industrial Development Co.,Ltd	$1.3B	28	SELL
000402.SZ	Financial Street Holdings Co., Ltd.	$1.4B	32	SELL
002077.SZ	Jiangsu Dagang Co., Ltd.	$1.5B	34	SELL
600649.SS	Shanghai Chengtou Holding Co., Ltd.	$1.5B	22	SELL
600383.SS	Gemdale Corporation	$1.8B	26	SELL
600736.SS	Suzhou New District Hi-Tech Industrial Co.,Ltd	$1.2B	24	SELL
1918.HK	Sunac China Holdings Limited	$2.0B	27	SELL
1030.HK	Seazen Group Limited	$1.7B	35	HOLD
000031.SZ	Grandjoy Holdings Group Co., Ltd.	$1.7B	23	SELL

Peer medians: ROE 0.5% · P/E 23.6x · Gross margin 17.3%

Sino Horizon Holdings Limited (2923.TW) — Stock Score Summary

Sino Horizon Holdings Limited (2923.TW) has a MoatMap StockRank of 29/100 based on Quality (38/100), Value (40/100), and Momentum (43/100) factor scores. The current signal is SELL. Sino Horizon is a real estate developer facing structural headwinds in the Chinese property sector. It lacks any alignment with our macro themes and carries high balance sheet risk, making it an easy avoid under our quality and macro lenses.

Key Financial Metrics

Price	$0.75
Market Cap	$1.4B
P/E (Forward)	42.75
Price/Book	0.97
Return on Equity	-11.0%
Return on Invested Capital	-4.2%
Debt/Equity	111.88
Gross Margin	52.6%
Operating Margin	52.9%
Revenue Growth	153.7%
Dividend Yield	0.5%
Free Cash Flow	$27M

Sino Horizon Holdings Limited operates in the Real Estate - Development industry, part of the Real Estate sector (China).

Frequently Asked Questions

What is Sino Horizon Holdings Limited’s (2923.TW) StockRank?: MoatMap’s StockRank for Sino Horizon Holdings Limited (2923.TW) is 29/100, with a Sell signal. It is a composite of Quality (38), Value (40), and Momentum (43) factor ranks across MoatMap’s 20,000+ stock universe.
Does Sino Horizon Holdings Limited have an economic moat?: Sino Horizon Holdings Limited (2923.TW) has a Quality factor score of 38/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Sino Horizon Holdings Limited a buy, hold, or sell?: MoatMap’s current signal for Sino Horizon Holdings Limited (2923.TW) is Sell, based on a StockRank of 29/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Sino Horizon Holdings Limited in?: Sino Horizon Holdings Limited (2923.TW) operates in the Real Estate sector, specifically the Real Estate - Development industry (China).