SUN HYDRAULICS
SUN HYDRAULICS operates in Diversified Metals & Mining.
SUN HYDRAULICS (SH7) - Net Assets
Latest net assets as of September 2024: €885.50 Million EUR
Based on the latest financial reports, SUN HYDRAULICS (SH7) has net assets worth €885.50 Million EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.57 Billion) and total liabilities (€686.20 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €885.50 Million |
| % of Total Assets | 56.34% |
| Annual Growth Rate | 20.16% |
| 5-Year Change | 47.95% |
| 10-Year Change | N/A |
| Growth Volatility | 29.54 |
SUN HYDRAULICS - Net Assets Trend (2016–2023)
This chart illustrates how SUN HYDRAULICS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SUN HYDRAULICS (2016–2023)
The table below shows the annual net assets of SUN HYDRAULICS from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €854.60 Million | +7.51% |
| 2022-12-31 | €794.90 Million | +12.13% |
| 2021-12-31 | €708.90 Million | +16.64% |
| 2020-12-31 | €607.79 Million | +5.22% |
| 2019-12-31 | €577.64 Million | +8.83% |
| 2018-12-31 | €530.77 Million | +94.65% |
| 2017-12-31 | €272.67 Million | +15.35% |
| 2016-12-31 | €236.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SUN HYDRAULICS's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 192.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €475.60 Million | 55.65% |
| Other Components | €379.00 Million | 44.35% |
| Total Equity | €854.60 Million | 100.00% |
SUN HYDRAULICS Competitors by Market Cap
The table below lists competitors of SUN HYDRAULICS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ELISA - Dusseldorf Stock Exchang
DU:EIA
|
$431.96K |
|
PCI Biotech Holding ASA
OL:PCIB
|
$432.13K |
|
Canadian Spirit Resources Inc
PINK:CSPUF
|
$432.27K |
|
Sentient Brands Holdings Inc
NASDAQ:SNBHD
|
$432.31K |
|
SeAH Besteel Corp.
KQ:001430
|
$431.59K |
|
Atlantska Plovidba d.d.
ZSE:ATPL
|
$431.48K |
|
Newfoundland Discovery Corp
PINK:NEWDF
|
$431.10K |
|
Puget Technologies Inc
PINK:PUGE
|
$430.87K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SUN HYDRAULICS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 794,900,000 to 854,600,000, a change of 59,700,000 (7.5%).
- Net income of 37,500,000 contributed positively to equity growth.
- Dividend payments of 11,800,000 reduced retained earnings.
- New share issuances of 2,000,000 increased equity.
- Other factors increased equity by 32,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €37.50 Million | +4.39% |
| Dividends Paid | €11.80 Million | -1.38% |
| Share Issuances | €2.00 Million | +0.23% |
| Other Changes | €32.00 Million | +3.74% |
| Total Change | €- | 7.51% |
Book Value vs Market Value Analysis
This analysis compares SUN HYDRAULICS's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.77x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.55x to 1.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €10.07 | €45.80 | x |
| 2018-12-31 | €16.60 | €45.80 | x |
| 2019-12-31 | €18.02 | €45.80 | x |
| 2020-12-31 | €18.92 | €45.80 | x |
| 2021-12-31 | €21.87 | €45.80 | x |
| 2022-12-31 | €24.38 | €45.80 | x |
| 2023-12-31 | €25.82 | €45.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SUN HYDRAULICS utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.49%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.86x
- Recent ROE (4.39%) is below the historical average (9.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.86% | 11.83% | 0.44x | 1.88x | €-335.70K |
| 2017 | 11.57% | 9.20% | 0.75x | 1.69x | €4.29 Million |
| 2018 | 8.80% | 9.20% | 0.49x | 1.96x | €-6.35 Million |
| 2019 | 10.43% | 10.87% | 0.54x | 1.77x | €2.50 Million |
| 2020 | 2.34% | 2.72% | 0.40x | 2.13x | €-46.58 Million |
| 2021 | 14.76% | 12.03% | 0.61x | 2.00x | €33.71 Million |
| 2022 | 12.38% | 11.11% | 0.60x | 1.84x | €18.91 Million |
| 2023 | 4.39% | 4.49% | 0.53x | 1.86x | €-47.96 Million |
Industry Comparison
This section compares SUN HYDRAULICS's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SUN HYDRAULICS (SH7) | €885.50 Million | 9.86% | 0.77x | $431.90K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |