Page 197 - Profile's Stock Exchange Handbook - 2025 Issue 1
P. 197

Profile’s Stock Exchange Handbook: 2025 – Issue 1                       JSE – SOU
                 Southern Sun Ltd.                      South Ocean Holdings Ltd.
        SOU                                        SOU


       ISIN: ZAE000272522  SHORT: SSU   CODE: SSU
       REG NO: 2002/006356/06  FOUNDED: 1969  LISTED: 2019
                                                                                  CODE: SOH
       NATURE OF BUSINESS: Southern Sun is Southern Africa’s leading  ISIN: ZAE000092748  SHORT: S.OCEAN  LISTED: 2007
                                                  REG NO: 2007/002381/06
                                                                   FOUNDED: 1989
        hospitality group, comprising over 90 hotels and resorts, a wide selection  NATURE OF BUSINESS: South Ocean Holdings is a well-established
        of restaurants and more than 300 conference and banqueting venues
        located in South Africa, Africa, Seychelles, and the Middle East.  South African manufacturer and distributor of low-voltage electric cable
                                                   and related products. It is a preferred supplier in the local market, servicing
       SECTOR: ConsDisr—Travel&Leis—Travel&Leis—Hotels&Motels  the building and construction industries, the mining industry, and the
       NUMBER OF EMPLOYEES: 5 369                  country’s parastatals. It also exports into SADC.
       DIRECTORS: Ahmed M H (ld ind ne), GinaSC(ind ne), Molefi Dr L M (ind ne),  SECTOR: Inds—IndsGoods&Services—Elec&ElecEquip—Components
        Ngcobo JG(ind ne), Nicolella J R (ne), SeptemberCC(ind ne),  NUMBER OF EMPLOYEES: 551
        Copelyn J A (Chair, ne), von Aulock M N (CEO), McDonald L (CFO)  DIRECTORS: ChenLL(ne), Lalla N (ind ne), PanDJC(alt, Brazil),
       MAJOR ORDINARY SHAREHOLDERS as at 22 Nov 2024  Van Rensburg J (ne), YehJH(ind ne), YehSN(alt),
         TIHC Investments (RF) (Pty) Ltd.  31.06%  Pon K H (Chair, ind ne), Li H L (Deputy Vice Chair, ind ne, ROC),
         Allan Gray                       11.40%   Smith A (CEO), Basson W P (CFO)
         Hosken Consolidated Investments Ltd.  10.39%  MAJOR ORDINARY SHAREHOLDERS as at 30 Sep 2024
       POSTAL ADDRESS: Private Bag X200, Bryanston, 2021  Hong Tai Electric Industrial Group  30.74%
       EMAIL: companysecretary@southernsun.com      Joseph Investments (Pty) Ltd.    30.56%
       WEBSITE: www.southernsun.com                 Metallic City International Ltd.  20.19%
       TELEPHONE: 011-461-9700                    POSTAL ADDRESS: PO Box 123738, Alrode, 1451
       COMPANY SECRETARY: L R van Onselen         EMAIL: info@southoceanholdings.co.za
       TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.  WEBSITE: www.southoceanholdings.co.za
       SPONSOR: Investec Bank Ltd.                TELEPHONE: 011-864-1606
       AUDITORS: Deloitte & Touche Inc.           COMPANY SECRETARY: Whitney Thomas Green
                                                  TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
       CAPITAL STRUCTURE   AUTHORISED     ISSUED  SPONSOR: AcaciaCap Advisors (Pty) Ltd.
       SSU  Ords no par value  2 000 000 000  1 341 669 389
                                                  AUDITORS: BDO Inc.
       DISTRIBUTIONS [ZARc]                       CAPITAL STRUCTURE   AUTHORISED     ISSUED
       Ords no par value     Ldt    Pay     Amt   SOH  Ords 1c ea       500 000 000  203 276 794
       Final No 1         11 Jun 24  18 Jun 24  12.50
                                                  DISTRIBUTIONS [ZARc]
       LIQUIDITY: Dec24 Avg 8m shares p.w., R53.9m(31.1% p.a.)
                                                  Ords 1c ea            Ldt     Pay    Amt
               TRAV       40 Week MA    SSU       Final No 8        16 Apr 24  22 Apr 24  11.00
                                                  Final No 7        18 Apr 23  24 Apr 23  6.00
                                           900
                                                  LIQUIDITY: Dec24 Avg 81 456 shares p.w., R165 457.2(2.1% p.a.)
                                           741
                                                          ELEE       40 Week MA   S.OCEAN
                                           583
                                                                                       270
                                           424
                                                                                       220
                                           266
                                                                                       170
                                           107
       2019  |  2020  |  2021  |  2022  |  2023  |  2024                               120
       FINANCIAL STATISTICS                                                            70
       (R million)  Sep 24  Mar 24  Mar 23  Mar 22  Mar 21
                   Interim  Final  Final Final(rst) Final(rst)                         20
                                                     2019  |  2020  |  2021  |  2022  |  2023  |  2024
       Turnover      2 966  6 047  5 386  2 604  1 163
       Op Inc         548  1 394  1 292  239  - 656  FINANCIAL STATISTICS
       NetIntPd(Rcvd)  115  291  306   351  346   (Amts in ZAR’000)  Jun 24  Dec 23  Dec 22  Dec 21  Dec 20
       Tax            123  327   270   - 2  - 148             Interim  Final  Final  Final  Final
       Minority Int   - 1    -    -     -   - 86  Turnover   1 308 458 2 363 575 1 873 155 2 001 546 1 743 027
       Att Inc        332  856  1 014  - 156  - 896  Op Inc    68 146  142 905  60 860  112 194  38 088
       TotCompIncLoss  213  938  1 054  - 144  - 1 269  NetIntPd(Rcvd)  9 163  22 141  2 673  6 109  9 376
       Hline Erngs-CO  325  780  763  - 135  - 783  Tax        15 252  32 130  13 223  31 020  7 128
       Fixed Ass    10 164  10 217  9 897  10 328  10 667  Minority Int  -  -  - 1 464  -  -
       Inv in Assoc   368  385   374   325  305   Att Inc      43 731  88 634  46 428  75 065  26 939
       Def Tax Asset  435  442   312   298  297   TotCompIncLoss  43 790  88 694  44 974  75 082  26 963
       Tot Curr Ass  1 264  1 241  1 470  1 254  1 362  Hline Erngs-CO  43 731  88 634  44 649  74 819  27 080
       Ord SH Int    8 548  8 517  8 190  7 209  7 343  Fixed Ass  244 694  242 226  244 202  200 645  220 358
       Minority Int   - 20  - 17  - 18  97   97   Inv in Assoc  11 540  9 045  -   -     -
       LT Liab       3 574  3 812  3 927  5 206  4 747  Inv & Loans  3 852  6 596  -  -  -
       Tot Curr Liab  1 468  1 362  1 407  1 095  1 917  Def Tax Asset  11 934  11 897  1 210  583  550
                                                  Tot Curr Ass  1 161 565  738 165  635 166  547 926  464 737
       PER SHARE STATISTICS (cents per share)     Ord SH Int  691 860  670 430  595 397  567 254  498 270
       EPS (ZARc)    24.70  61.70  68.70  - 10.60  - 72.70  Minority Int  -  -  - 1 464  -  -
       HEPS-C (ZARc)  24.30  56.20  51.70  - 9.20  - 63.50
       DPS (ZARc)      -  12.50   -     -     -   LT Liab     155 279  159 472  50 846  75 215  59 494
       NAV PS (ZARc)  637.43  637.02  557.90  487.75  496.82  Tot Curr Liab  654 851  255 937  240 694  112 989  136 584
       3 Yr Beta     0.41  0.27  0.97   -     -   PER SHARE STATISTICS (cents per share)
       Price High     814  550   580   388  325   EPS (ZARc)    21.50  43.60  22.12  36.93  13.25
       Price Low      450  383   295   212  105   HEPS-C (ZARc)  21.50  43.60  21.96  36.81  13.32
       Price Prd End  775  505   430   338  212   DPS (ZARc)      -  11.00  6.00  9.00  3.00
       RATIOS                                     NAV PS (ZARc)  340.40  329.80  292.20  279.10  245.10
       Ret on SH Fnd  7.76  10.07  12.41  - 2.14  - 13.20  Price High  174  134  174  130  40
       Ret On Tot Ass  6.89  8.91  7.71  - 0.65  - 8.25  Price Low  99  100  91   22    19
       D:E           0.43  0.47  0.48  0.72  0.77  Price Prd End  174  124  121   129   39
                                                  RATIOS
                                                  Ret on SH Fnd  12.64  13.22  7.57  13.23  5.41
                                                  Ret On Tot Ass  7.85  11.12  6.57  14.04  4.14
                                                  D:E           0.49  0.26  0.11  0.16  0.15
                                                  Int Cover     7.44  6.45  22.77  18.37  4.06
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