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JSE – SOU Profile’s Stock Exchange Handbook: 2024 – Issue 3
Southern Sun Ltd. South Ocean Holdings Ltd.
SOU SOU

ISIN: ZAE000272522 SHORT: SSU CODE: SSU
REG NO: 2002/006356/06 FOUNDED: 1969 LISTED: 2019
NATURE OF BUSINESS: SouthernSunLtd. isthe leading hospitality Group in ISIN: ZAE000092748 SHORT: S.OCEAN CODE: SOH
Southern Africa. With over 50 years of excellence providing a home away from REG NO: 2007/002381/06 FOUNDED: 1989 LISTED: 2007
home, Southern Sun has earned the trust of our guests, who find exceptional NATURE OF BUSINESS: South Ocean Holdings is a well-established
qualityandservicewithflairateveryoneofourdestinations.Fromfunctionalto South African manufacturer and distributor of low-voltage electric cable
luxurious and exciting to relaxing, Southern Sun offers a brand and a service to andrelated products. It is a preferred supplier in the local market, servicing
suit every traveller’s needs. the building and construction industries, the mining industry, and the
Comprising an extensive collection of hotels and resorts in South Africa, Africa, country’s parastatals. It also exports into SADC.
theSeychellesandtheMiddleEast,awideselectionofrestaurantsandbars,and SECTOR: Inds—IndsGoods&Services—Elec&ElecEquip—Components
strategically located conference and banqueting facilities, Southern Sun
provides exceptional hospitality products of unparalleled variety and scale. NUMBER OF EMPLOYEES: 551
SECTOR: ConsDisr—Travel&Leis—Travel&Leis—Hotels&Motels DIRECTORS: Chen LL(ne), Chong M (ind ne), Lalla N (ind ne),
NUMBER OF EMPLOYEES: 5 874 Pan D J C (alt, Brazil), Van Rensburg J (ne), Yeh J H (ind ne), Yeh S N (alt),
DIRECTORS: Ahmed M H (ld ind ne), GinaSC(ind ne), Molefi Dr L M (ind ne), PonKH(Chair, ind ne), Li H L (Deputy Vice Chair, ind ne, ROC),
Ngcobo JG(ind ne), Nicolella J R (ne), SeptemberCC(ind ne), Smith A (CEO), Basson W P (CFO)
CopelynJA(Chair, ne), von Aulock M N (CEO), McDonald L (CFO) MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2023
MAJOR ORDINARY SHAREHOLDERS as at 14 Jun 2024 Hong Tai Electric Industrial Group 30.74%
TIHC Investments (RF) (Pty) Ltd. 28.09% Joseph Investments (Pty) Ltd. 30.56%
Allan Gray 15.29% Metallic City International Ltd. 20.19%
Hosken Consolidated Investments Ltd. 8.68% POSTAL ADDRESS: PO Box 123738, Alrode, 1451
POSTAL ADDRESS: Private Bag X200, Bryanston, 2021 EMAIL: info@southoceanholdings.co.za
EMAIL: companysecretary@southernsun.com WEBSITE: www.southoceanholdings.co.za
WEBSITE: www.southernsun.com TELEPHONE: 011-864-1606
TELEPHONE: 011-461-9700 COMPANY SECRETARY: Whitney Thomas Green
COMPANY SECRETARY: L R van Onselen TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd. SPONSOR: AcaciaCap Advisors (Pty) Ltd.
SPONSOR: Investec Bank Ltd. AUDITORS: Deloitte & Touche Inc. AUDITORS: PwC Inc.
CAPITAL STRUCTURE AUTHORISED ISSUED CAPITAL STRUCTURE AUTHORISED ISSUED
SSU Ords no par value 2 000 000 000 1 337 136 598 SOH Ords 1c ea 500 000 000 203 276 794
DISTRIBUTIONS [ZARc] DISTRIBUTIONS [ZARc]
Ords no par value Ldt Pay Amt Ords 1c ea Ldt Pay Amt
Final No 1 11 Jun 24 18 Jun 24 12.50 Final No 8 16 Apr 24 22 Apr 24 11.00
LIQUIDITY: Jun24 Avg 5m shares p.w., R23.9m(19.5% p.a.) Final No 7 18 Apr 23 24 Apr 23 6.00
TRAV 40 Week MA SSU LIQUIDITY: Jun24 Avg 36 305 shares p.w., R44 486.2(0.9% p.a.)
570 ELEE 40 Week MA S.OCEAN
165
477
136
385
107
292
78
200
49
107
2019 | 2020 | 2021 | 2022 | 2023 |
20
2019 | 2020 | 2021 | 2022 | 2023 |
FINANCIAL STATISTICS FINANCIAL STATISTICS
(R million) Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 (Amts in ZAR’000) Dec 23 Dec 22 Dec 21 Dec 20 Dec 19
Final Final Final(rst) Final(rst) Final Final Final Final Final Final
Turnover 6 047 5 386 2 604 1 163 4 475 Turnover 2 363 575 1 873 155 2 001 546 1 743 027 1 557 318
Op Inc 1 394 1 292 239 - 656 - 766 Op Inc 134 142 60 860 112 194 38 088 - 8 778
NetIntPd(Rcvd) 291 306 351 346 360 NetIntPd(Rcvd) 22 141 2 673 6 109 9 376 14 690
Tax 327 270 - 2 - 148 96 Tax 32 130 13 223 31 020 7 128 - 6 247
Minority Int - - - - 86 - 329 Minority Int - - 1 464 - - -
Att Inc 856 1 014 - 156 - 896 - 896 Att Inc 88 634 46 428 75 065 26 939 - 15 861
TotCompIncLoss 938 1 054 - 144 - 1 269 - 1 002 TotCompIncLoss 88 694 44 974 75 082 26 963 - 17 514
Hline Erngs-CO 780 763 - 135 - 783 216 Hline Erngs-CO 88 634 44 649 74 819 27 080 - 8 406
Fixed Ass 10 217 9 897 10 328 10 667 11 703 Fixed Ass 242 226 244 202 200 645 220 358 204 839
Inv in Assoc 385 374 325 305 446 Inv in Assoc 9 045 - - - -
Inv & Loans - - - - 124 Inv & Loans 6 596 - - - -
Def Tax Asset 442 312 298 297 84 Def Tax Asset 11 897 1 210 583 550 798
Tot Curr Ass 1 241 1 470 1 254 1 362 1 796 Tot Curr Ass 738 165 635 166 547 926 464 737 484 994
Ord SH Int 8 517 8 190 7 209 7 343 6 343 Ord SH Int 670 430 595 397 567 254 498 270 471 307
Minority Int - 17 - 18 97 97 2 352 Minority Int - - 1 464 - - -
LT Liab 3 812 3 927 5 206 4 747 5 318 LT Liab 159 472 50 846 75 215 59 494 61 315
Tot Curr Liab 1 362 1 407 1 095 1 917 1 369
Tot Curr Liab 255 937 240 694 112 989 136 584 173 180
PER SHARE STATISTICS (cents per share) PER SHARE STATISTICS (cents per share)
EPS (ZARc) 61.70 68.70 - 10.60 - 72.70 - 84.50 EPS (ZARc) 43.60 22.12 36.93 13.25 - 7.80
HEPS-C (ZARc) 56.20 51.70 - 9.20 - 63.50 20.40 HEPS-C (ZARc) 43.60 21.96 36.81 13.32 - 4.14
DPS (ZARc) 12.50 - - - - DPS (ZARc) 11.00 6.00 9.00 3.00 -
NAV PS (ZARc) 637.02 557.90 487.75 496.82 597.83 NAV PS (ZARc) 329.80 292.20 279.10 245.10 231.90
Price High 550 580 388 325 500 Price High 134 174 130 40 93
Price Low 383 295 212 105 102 Price Low 100 91 22 19 35
Price Prd End 505 430 338 212 158 Price Prd End 124 121 129 39 40
RATIOS RATIOS
Ret on SH Fnd 10.07 12.41 - 2.14 - 13.20 - 14.09 Ret on SH Fnd 13.22 7.57 13.23 5.41 - 3.37
Ret On Tot Ass 8.91 7.71 - 0.65 - 8.25 - 7.54 Ret On Tot Ass 11.12 6.57 14.04 4.14 - 3.33
D:E 0.47 0.48 0.72 0.77 0.68
D:E 0.26 0.11 0.16 0.15 0.23
Int Cover 6.06 22.77 18.37 4.06 n/a
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