Paasa Logo

Hong Kong Stock Exchange · Energy

Invest in Sunshine Oilsands stock from India

Indian and foreign residents can buy Sunshine Oilsands (2012) shares directly through Paasa.

By Paasa · Updated

Sunshine Oilsands at a glance

Price
HK$0.16+HK$0.00 (0.63%)
Market cap
HK$113.82M
Day range
HK$0.15 – HK$0.16
P/E
-0.46
Dividend yield
None
Volume
1.33M
1 month
-20.79%
6 months
-60.49%
YTD
-62.79%
1 year
-69.23%
5 years
-95.00%

Live chart and statistics

Sunshine Oilsands statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCA$0.0CA$30.7MCA$30.2MCA$15.6MCA$144.0K
Gross profit−CA$10.5M−CA$1.1M−CA$18.1M−CA$19.1M−CA$8.9M
Operating income−CA$23.4M−CA$13.3M−CA$41.1M−CA$38.9M−CA$64.8M
Net income−CA$12.4M−CA$75.4M−CA$19.3M−CA$65.4MCA$1.5M
Earnings per share−CA$0.03−CA$0.31−CA$0.08−CA$0.27CA$0.01
EBITDA−CA$20.9M−CA$16.4M−CA$891.0K−CA$53.1MCA$49.2M
Total assetsCA$736.0MCA$739.0MCA$745.9MCA$747.7MCA$755.7M
Total debtCA$353.0MCA$383.2MCA$351.1MCA$352.8MCA$307.9M
Cash and short-term investmentsCA$1.1MCA$841.0KCA$1.0MCA$542.0KCA$312.0K
Shareholders' equityCA$30.0MCA$18.4MCA$92.3MCA$111.0MCA$177.1M
Operating cash flow−CA$4.2M−CA$3.0M−CA$7.6M−CA$21.3M−CA$9.9M
Free cash flow−CA$4.3M−CA$4.3M−CA$10.4M−CA$22.9M−CA$12.7M
Capital expenditure−CA$121.0K−CA$1.3M−CA$2.8M−CA$1.6M−CA$2.8M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CAD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Jsmart Technologies0567.HKHK$0.27HK$435.59M
Petro-king Oilfield Services2178.HKHK$0.21HK$359.15M
Vico International1621.HKHK$0.24HK$240.00M
JX Energy3395.HKHK$0.23HK$200.84M
China CBM8270.HKHK$0.37HK$144.47M
Jintai Energy2728.HKHK$0.50HK$111.38M
MIE1555.HKHK$0.03HK$98.21M
Grand Ocean Advanced Resources0065.HKHK$0.35HK$85.94M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Sunshine Oilsands from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to HKD when you buy.

  3. Step 3

    Search 2012 and buy

    Find Sunshine Oilsands by name or by its ticker, 2012, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.

Why invest in Sunshine Oilsands from India

What Sunshine Oilsands does

Sunshine Oilsands Ltd. is an energy company primarily engaged in exploring for and producing bitumen and crude oil from its properties within Alberta, Canada's Athabasca oil sands region. The company manages a diverse collection of oil sands leases, categorized into three distinct asset types: clastic, carbonate, and conventional heavy oil. Sunshine Oilsands operates in the Oil & Gas Exploration & Production industry within the Energy sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Sunshine Oilsands stock from India?

Yes. Indian residents and NRIs can buy Sunshine Oilsands (2012) shares directly through Paasa. Sunshine Oilsands is listed on the Hong Kong Stock Exchange, in the Oil & Gas Exploration & Production industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full Sunshine Oilsands share?

Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$0.16 a share, size the order by the lot, not by the share.

How are Sunshine Oilsands dividends taxed for Indian investors?

Sunshine Oilsands trades on the Hong Kong Stock Exchange but is domiciled in Canada, so any withholding on its dividends follows that country's rules rather than those of Hong Kong. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell Sunshine Oilsands shares?

Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the HKD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Share this guide
Get started

Own global companies from India, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you