Sunny Elec (004770) - Net Assets
Based on the latest financial reports, Sunny Elec (004770) has net assets worth ₩84.21 Billion KRW (≈ $57.07 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₩85.45 Billion ≈ $57.91 Million USD) and total liabilities (₩1.24 Billion ≈ $843.71K 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 how resilient are Sunny Elec's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₩84.21 Billion |
| % of Total Assets | 98.54% |
| Annual Growth Rate | 3.73% |
| 5-Year Change | 30.36% |
| 10-Year Change | 195.86% |
| Growth Volatility | 19.78 |
Sunny Elec - Net Assets Trend (2000–2024)
This chart illustrates how Sunny Elec's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Sunny Elec for the complete picture of this company's asset base.
Annual Net Assets for Sunny Elec (2000–2024)
The table below shows the annual net assets of Sunny Elec from 2000 to 2024. For live valuation and market cap data, see Sunny Elec stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₩83.21 Billion ≈ $56.39 Million |
+2.72% |
| 2023-12-31 | ₩81.00 Billion ≈ $54.90 Million |
+10.63% |
| 2022-12-31 | ₩73.22 Billion ≈ $49.62 Million |
+7.41% |
| 2021-12-31 | ₩68.17 Billion ≈ $46.20 Million |
+6.80% |
| 2020-12-31 | ₩63.83 Billion ≈ $43.26 Million |
+18.47% |
| 2019-12-31 | ₩53.88 Billion ≈ $36.51 Million |
+27.92% |
| 2018-12-31 | ₩42.12 Billion ≈ $28.54 Million |
+9.99% |
| 2017-12-31 | ₩38.29 Billion ≈ $25.95 Million |
+7.95% |
| 2016-12-31 | ₩35.48 Billion ≈ $24.04 Million |
+26.14% |
| 2015-12-31 | ₩28.12 Billion ≈ $19.06 Million |
+8.68% |
| 2014-12-31 | ₩25.88 Billion ≈ $17.54 Million |
+76.10% |
| 2013-12-31 | ₩14.69 Billion ≈ $9.96 Million |
-20.63% |
| 2012-12-31 | ₩18.51 Billion ≈ $12.55 Million |
-5.67% |
| 2011-12-31 | ₩19.63 Billion ≈ $13.30 Million |
-25.24% |
| 2010-12-31 | ₩26.25 Billion ≈ $17.79 Million |
-13.81% |
| 2009-12-31 | ₩30.46 Billion ≈ $20.64 Million |
-1.83% |
| 2008-12-31 | ₩31.03 Billion ≈ $21.03 Million |
+4.28% |
| 2007-12-31 | ₩29.75 Billion ≈ $20.16 Million |
+3.47% |
| 2006-12-31 | ₩28.76 Billion ≈ $19.49 Million |
-4.33% |
| 2005-12-31 | ₩30.06 Billion ≈ $20.37 Million |
+0.17% |
| 2004-12-31 | ₩30.01 Billion ≈ $20.34 Million |
-11.05% |
| 2003-12-31 | ₩33.73 Billion ≈ $22.86 Million |
+17.70% |
| 2002-12-31 | ₩28.66 Billion ≈ $19.42 Million |
-15.64% |
| 2001-12-31 | ₩33.97 Billion ≈ $23.02 Million |
-1.68% |
| 2000-12-31 | ₩34.55 Billion ≈ $23.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sunny Elec'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 1893113383000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₩18.93 Billion | 22.75% |
| Other Components | ₩64.28 Billion | 77.25% |
| Total Equity | ₩83.21 Billion | 100.00% |
Sunny Elec Competitors by Market Cap
The table below lists competitors of Sunny Elec ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sýn hf
IC:SYN
|
$44.01 Million |
|
Dmg Blockchain Solutions Inc
V:DMGI
|
$44.04 Million |
|
Structural Monitoring Systems Plc
AU:SMN
|
$44.04 Million |
|
Kedawung Setia Industrial Tbk
JK:KDSI
|
$44.05 Million |
|
GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret AS
IS:GSDDE
|
$43.98 Million |
|
MODULIGHT OY EO 1
F:78W
|
$43.97 Million |
|
Change Financial Ltd
AU:CCA
|
$43.97 Million |
|
Elauwit Connection, Inc. Common Stock
NASDAQ:ELWT
|
$43.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunny Elec's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 81,003,678,060 to 83,206,699,480, a change of 2,203,021,420 (2.7%).
- Net income of 4,397,579,370 contributed positively to equity growth.
- Dividend payments of 1,101,086,460 reduced retained earnings.
- Share repurchases of 1,038,085,310 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₩4.40 Billion | +5.29% |
| Dividends Paid | ₩1.10 Billion | -1.32% |
| Share Repurchases | ₩1.04 Billion | -1.25% |
| Other Changes | ₩-55.39 Million | -0.07% |
| Total Change | ₩- | 2.72% |
Book Value vs Market Value Analysis
This analysis compares Sunny Elec'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: 0.79x
- 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 1.43x to 0.79x 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 | ₩1277.57 | ₩1828.00 | x |
| 2018-12-31 | ₩1405.05 | ₩1828.00 | x |
| 2019-12-31 | ₩1597.60 | ₩1828.00 | x |
| 2020-12-31 | ₩1831.81 | ₩1828.00 | x |
| 2021-12-31 | ₩1956.46 | ₩1828.00 | x |
| 2022-12-31 | ₩2101.41 | ₩1828.00 | x |
| 2023-12-31 | ₩2207.01 | ₩1828.00 | x |
| 2024-12-31 | ₩2308.40 | ₩1828.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunny Elec 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): 5.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.33%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.02x
- Recent ROE (5.29%) is above the historical average (5.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 15.33% | 5.75% | 1.13x | 2.36x | ₩1.59 Billion |
| 2003 | 44.78% | 53.93% | 0.49x | 1.70x | ₩11.73 Billion |
| 2005 | 0.40% | 0.48% | 0.76x | 1.10x | ₩-2.89 Billion |
| 2006 | 2.99% | 3.39% | 0.78x | 1.13x | ₩-2.02 Billion |
| 2007 | 2.21% | 2.18% | 0.85x | 1.19x | ₩-2.32 Billion |
| 2009 | 1.34% | 0.91% | 0.87x | 1.69x | ₩-2.64 Billion |
| 2013 | -26.33% | -15.12% | 0.90x | 1.94x | ₩-5.33 Billion |
| 2014 | -2.84% | -2.82% | 0.86x | 1.18x | ₩-3.32 Billion |
| 2015 | 7.45% | 9.03% | 0.56x | 1.46x | ₩-717.98 Million |
| 2016 | 3.07% | 5.24% | 0.51x | 1.16x | ₩-2.46 Billion |
| 2017 | 2.70% | 5.54% | 0.46x | 1.05x | ₩-2.79 Billion |
| 2018 | 9.00% | 20.28% | 0.34x | 1.30x | ₩-423.17 Million |
| 2019 | 1.14% | 2.40% | 0.42x | 1.14x | ₩-4.77 Billion |
| 2020 | 9.15% | 35.55% | 0.25x | 1.03x | ₩-545.08 Million |
| 2021 | 6.61% | 27.45% | 0.21x | 1.13x | ₩-2.31 Billion |
| 2022 | 6.88% | 28.88% | 0.23x | 1.04x | ₩-2.29 Billion |
| 2023 | 4.77% | 30.28% | 0.15x | 1.02x | ₩-4.24 Billion |
| 2024 | 5.29% | 34.33% | 0.15x | 1.02x | ₩-3.92 Billion |
Industry Comparison
This section compares Sunny Elec's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $239,254,417,128
- Average return on equity (ROE) among peers: 5.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunny Elec (004770) | ₩84.21 Billion | 15.33% | 0.01x | $43.99 Million |
| YoungPoong (000670) | $471.92 Billion | 0.00% | 1.01x | $822.21 Million |
| Sam Hwa Capaci (001820) | $22.52 Billion | 31.89% | 1.98x | $467.29 Million |
| Samick Music I (002450) | $144.58 Billion | 1.50% | 1.43x | $64.41 Million |
| Hansol Technics (004710) | $34.25 Billion | 0.00% | 5.26x | $173.10 Million |
| Samyoung Elec (005680) | $363.17 Billion | 5.47% | 0.12x | $197.81 Million |
| PJ Electronics Co. Ltd (006140) | $109.57 Billion | 4.53% | 0.33x | $71.73 Million |
| Isupetasys (007660) | $168.70 Billion | 12.06% | 1.02x | $7.48 Billion |
| Korea Circuit Co. Ltd. (007810) | $128.70 Billion | 2.46% | 0.61x | $1.51 Billion |
| Korea Circuit Co Ltd (007815) | $709.89 Billion | -5.16% | 0.74x | $43.40 Million |
About Sunny Elec
Sunny Electronics Corp., together with its subsidiaries, manufactures and sells crystal oscillator products in South Korea. It offers crystal units, crystal and MEMS oscillators, filters, VCXO oscillators, and TCXO and VCTCXO oscillators. The company was formerly known as Sunny Electric Engineering Co., Ltd. and changed its name to Sunny Electronics Corp. in March 1999. Sunny Electronics Corp. wa… Read more