Sunny Optical Technology (Group) Company Limited (SXC) - Net Assets
Based on the latest financial reports, Sunny Optical Technology (Group) Company Limited (SXC) has net assets worth €26.61 Billion EUR (≈ $31.11 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€55.80 Billion ≈ $65.24 Billion USD) and total liabilities (€29.20 Billion ≈ $34.13 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 Sunny Optical Technology (Group) Company (SXC) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €26.61 Billion |
| % of Total Assets | 47.68% |
| Annual Growth Rate | 22.73% |
| 5-Year Change | 50.32% |
| 10-Year Change | N/A |
| Growth Volatility | 15.87 |
Sunny Optical Technology (Group) Company Limited - Net Assets Trend (2016–2024)
This chart illustrates how Sunny Optical Technology (Group) Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore SXC asset base for the complete picture of this company's asset base.
Annual Net Assets for Sunny Optical Technology (Group) Company Limited (2016–2024)
The table below shows the annual net assets of Sunny Optical Technology (Group) Company Limited from 2016 to 2024. For live valuation and market cap data, see Sunny Optical Technology (Group) Company stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €25.29 Billion ≈ $29.57 Billion |
+10.54% |
| 2023-12-31 | €22.88 Billion ≈ $26.75 Billion |
+3.15% |
| 2022-12-31 | €22.18 Billion ≈ $25.93 Billion |
+6.16% |
| 2021-12-31 | €20.90 Billion ≈ $24.43 Billion |
+24.18% |
| 2020-12-31 | €16.83 Billion ≈ $19.67 Billion |
+32.22% |
| 2019-12-31 | €12.73 Billion ≈ $14.88 Billion |
+37.02% |
| 2018-12-31 | €9.29 Billion ≈ $10.86 Billion |
+23.53% |
| 2017-12-31 | €7.52 Billion ≈ $8.79 Billion |
+53.04% |
| 2016-12-31 | €4.91 Billion ≈ $5.74 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sunny Optical Technology (Group) Company Limited'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 476.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €24.54 Billion | 99.11% |
| Other Components | €219.97 Million | 0.89% |
| Total Equity | €24.76 Billion | 100.00% |
Sunny Optical Technology (Group) Company Limited Competitors by Market Cap
The table below lists competitors of Sunny Optical Technology (Group) Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Western Alliance Bancorporation
NYSE:WAL
|
$7.95 Billion |
|
NexGen Energy Ltd.
TO:NXE
|
$7.96 Billion |
|
Vienna Insurance Group AG
VI:VIG
|
$7.96 Billion |
|
Trelleborg AB (publ)
ST:TREL-B
|
$7.97 Billion |
|
Charles River Laboratories
NYSE:CRL
|
$7.94 Billion |
|
Companhia Paranaense de Energia - COPEL
NYSE:ELPC
|
$7.94 Billion |
|
National Aluminium Company Limited
NSE:NATIONALUM
|
$7.93 Billion |
|
NIBE Industrier AB (publ)
ST:NIBE-B
|
$7.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunny Optical Technology (Group) Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,422,967,000 to 24,764,515,000, a change of 2,341,548,000 (10.4%).
- Net income of 2,699,159,000 contributed positively to equity growth.
- Dividend payments of 228,267,000 reduced retained earnings.
- Share repurchases of 70,863,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.70 Billion | +10.9% |
| Dividends Paid | €228.27 Million | -0.92% |
| Share Repurchases | €70.86 Million | -0.29% |
| Other Changes | €239.96 Million | +0.97% |
| Total Change | €- | 10.44% |
Book Value vs Market Value Analysis
This analysis compares Sunny Optical Technology (Group) Company Limited'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: 0.30x
- 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.
- The price-to-book ratio has decreased from 1.01x to 0.30x 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 | €6.83 | €6.90 | x |
| 2018-12-31 | €8.42 | €6.90 | x |
| 2019-12-31 | €11.44 | €6.90 | x |
| 2020-12-31 | €15.13 | €6.90 | x |
| 2021-12-31 | €18.77 | €6.90 | x |
| 2022-12-31 | €19.91 | €6.90 | x |
| 2023-12-31 | €20.44 | €6.90 | x |
| 2024-12-31 | €22.79 | €6.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunny Optical Technology (Group) Company Limited 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): 10.90%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.05%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 2.17x
- Recent ROE (10.90%) is below the historical average (22.65%), 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 | 25.96% | 8.70% | 1.26x | 2.38x | €781.23 Million |
| 2017 | 38.75% | 12.97% | 1.42x | 2.10x | €2.15 Billion |
| 2018 | 26.97% | 9.61% | 1.13x | 2.47x | €1.57 Billion |
| 2019 | 31.80% | 10.55% | 1.23x | 2.45x | €2.74 Billion |
| 2020 | 29.35% | 12.82% | 1.07x | 2.14x | €3.21 Billion |
| 2021 | 24.23% | 13.30% | 0.97x | 1.88x | €2.93 Billion |
| 2022 | 11.03% | 7.25% | 0.77x | 1.97x | €223.96 Million |
| 2023 | 4.90% | 3.47% | 0.63x | 2.24x | €-1.14 Billion |
| 2024 | 10.90% | 7.05% | 0.71x | 2.17x | €222.71 Million |
Industry Comparison
This section compares Sunny Optical Technology (Group) Company Limited's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $23,531,394,747
- Average return on equity (ROE) among peers: 11.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunny Optical Technology (Group) Company Limited (SXC) | €26.61 Billion | 25.96% | 1.10x | $7.94 Billion |
| FIT Hon Teng Limited (0FJ) | $1.19 Billion | 14.92% | 0.91x | $3.65 Billion |
| BYD Electronic (International) Company Limited (4BY) | $14.19 Billion | 18.21% | 0.79x | $7.65 Billion |
| AUO CORP. SP.ADR NEW/10 (AU7) | $191.41 Billion | -11.02% | 1.02x | $3.23 Billion |
| DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen (DAM) | $23.94 Million | 7.48% | 1.59x | $98.03 Million |
| DESWELL INDS INC. DL-01 (DW2) | $102.12 Million | 10.91% | 0.18x | $42.45 Million |
| Flex Ltd (FXI) | $2.40 Billion | 25.07% | 3.86x | $23.78 Billion |
| Valuetronics Holdings Limited (GJ7) | $938.57 Million | 16.42% | 0.94x | $241.41 Million |
| Hana Microelectronics Public Company Limited (HAA1) | $21.08 Billion | 11.27% | 0.20x | $9.31K |
| Jenoptik AG (JEN) | $597.95 Million | 14.65% | 0.65x | $1.58 Billion |
| Nanjing Panda Electronics Company Limited (NNJ) | $3.38 Billion | 4.53% | 0.37x | $93.36 Million |
About Sunny Optical Technology (Group) Company Limited
Sunny Optical Technology (Group) Company Limited, an investment holding company, engages in designing, researching, developing, manufacturing, and selling optical and optical related products, and scientific instruments. It operates through Optical Components, Optoelectronic Products, and Optical Instruments segments. The Optical Components segment offers vehicle lens sets and optical parts for v… Read more