SUNL.TECH.G.ADR/2DL-00005 (S790) - Net Assets
Based on the latest financial reports, SUNL.TECH.G.ADR/2DL-00005 (S790) has net assets worth €944.07 Million EUR (≈ $1.10 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.05 Billion ≈ $2.39 Billion USD) and total liabilities (€1.10 Billion ≈ $1.29 Billion USD). 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. Check strategic asset allocation of SUNL.TECH.G.ADR/2DL-00005 to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €944.07 Million |
| % of Total Assets | 46.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 30.16 |
SUNL.TECH.G.ADR/2DL-00005 - Net Assets Trend (2021–2025)
This chart illustrates how SUNL.TECH.G.ADR/2DL-00005's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of SUNL.TECH.G.ADR/2DL-00005.
Annual Net Assets for SUNL.TECH.G.ADR/2DL-00005 (2021–2025)
The table below shows the annual net assets of SUNL.TECH.G.ADR/2DL-00005 from 2021 to 2025. Also explore SUNL.TECH.G.ADR/2DL-00005 (S790) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €944.07 Million ≈ $1.10 Billion |
+57.38% |
| 2024-12-31 | €599.86 Million ≈ $701.30 Million |
+117.70% |
| 2023-12-31 | €275.55 Million ≈ $322.15 Million |
+172.54% |
| 2022-12-31 | €-379.85 Million ≈ $-444.09 Million |
+62.54% |
| 2021-12-31 | €-1.01 Billion ≈ $-1.19 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to SUNL.TECH.G.ADR/2DL-00005'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 197006200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.43 Billion | 257.16% |
| Total Equity | €945.55 Million | 100.00% |
SUNL.TECH.G.ADR/2DL-00005 Competitors by Market Cap
The table below lists competitors of SUNL.TECH.G.ADR/2DL-00005 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
THUNDER GOLD CORP.
F:Z25
|
$17.09 Million |
|
Raytech Holding Limited Ordinary Shares
NASDAQ:RAY
|
$17.10 Million |
|
Burgundy Diamond Mines Ltd
AU:BDM
|
$17.10 Million |
|
Orbital Corporation Ltd
AU:OEC
|
$17.10 Million |
|
Bambuser AB
ST:BUSER
|
$17.07 Million |
|
Shinjin Sm Co.Ltd
KQ:138070
|
$17.07 Million |
|
Kresna Graha Investama Tbk PT
JK:KREN
|
$17.07 Million |
|
GANGLONG CHINA PR.GR.LTD
F:52J
|
$17.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SUNL.TECH.G.ADR/2DL-00005's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 601,345,000 to 945,554,000, a change of 344,209,000 (57.2%).
- Net income of 365,631,000 contributed positively to equity growth.
- Share repurchases of 6,168,000 reduced equity.
- Other factors decreased equity by 15,254,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €365.63 Million | +38.67% |
| Share Repurchases | €6.17 Million | -0.65% |
| Other Changes | €-15.25 Million | -1.61% |
| Total Change | €- | 57.24% |
Book Value vs Market Value Analysis
This analysis compares SUNL.TECH.G.ADR/2DL-00005'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: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €-151.33 | €2.86 | x |
| 2022-12-31 | €-54.07 | €2.86 | x |
| 2023-12-31 | €40.38 | €2.86 | x |
| 2024-12-31 | €88.97 | €2.86 | x |
| 2025-12-31 | €141.20 | €2.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SUNL.TECH.G.ADR/2DL-00005 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): 38.67%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.10%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 2.17x
- Recent ROE (38.67%) is below the historical average (65.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 8.73% | 0.97x | 0.00x | €319.98 Million |
| 2022 | 0.00% | 27.72% | 1.02x | 0.00x | €681.41 Million |
| 2023 | 231.32% | 29.67% | 1.02x | 7.65x | €613.13 Million |
| 2024 | 56.89% | 17.19% | 0.94x | 3.53x | €281.95 Million |
| 2025 | 38.67% | 18.10% | 0.99x | 2.17x | €271.08 Million |
Industry Comparison
This section compares SUNL.TECH.G.ADR/2DL-00005's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $2,580,780,955
- Average return on equity (ROE) among peers: 1.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SUNL.TECH.G.ADR/2DL-00005 (S790) | €944.07 Million | 0.00% | 1.17x | $17.08 Million |
| 123fahrschule SE (123F) | $11.35 Million | -61.94% | 0.79x | $15.73 Million |
| Gaotu Techedu Inc (18WA) | $3.10 Billion | 0.43% | 0.58x | $258.39 Million |
| AFYA LTD. CL.A DL-00005 (1AY) | $3.00 Billion | 7.44% | 1.15x | $689.63 Million |
| CN YUH.ED.CORP. HD-00001 (2YU) | $6.99 Billion | 16.23% | 0.71x | $167.29 Million |
| WISDOM ED.INTL.HLD.HD-01 (5Q4) | $601.43 Million | 16.03% | 1.12x | $7.61 Million |
| China New Higher Education Group Limited (8CN) | $4.95 Billion | 16.74% | 1.17x | $101.56 Million |
| CHINA KEPEI ED. DL-00001 (9CK) | $5.66 Billion | 13.21% | 0.50x | $181.28 Million |
| INTL SCHOOL AUGS.AG NA ON (9JK) | $5.32 Million | 2.97% | 0.74x | $4.40 Million |
| 51 TALK ONL. SP.ADR A 60 (C4G0) | $-14.71 Million | 0.00% | 0.00x | $92.77 Million |
| CHINA MAPLE LE.ED.HD0005 (CML1) | $1.50 Billion | 0.34% | 3.15x | $36.26 Million |
About SUNL.TECH.G.ADR/2DL-00005
Sunlands Technology Group provides online education services through online and mobile platforms in the People's Republic of China. It offers adult online education and adult personal interest learning education through courses and educational content offerings, including interest, professional skills and professional certification preparation courses, and degree- or diploma-oriented post-seconda… Read more