Suncha Technology Co Ltd
Suncha Technology Co., Ltd. engages in the research and development, production, and sale of daily kitchen utensils in China. The company offers bowls and chopsticks, knives and boards, and spatulas; whole bamboo and wood cutting boards; wheat silver ion antibacterial cutting boards; EBM rice husk children's tableware; and other products. It also provides shovel, stainless steel tableware, cookwa… Read more
Suncha Technology Co Ltd (001211) - Net Assets
Latest net assets as of September 2025: CN¥874.13 Million CNY
Based on the latest financial reports, Suncha Technology Co Ltd (001211) has net assets worth CN¥874.13 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.86 Billion) and total liabilities (CN¥982.17 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 | CN¥874.13 Million |
| % of Total Assets | 47.09% |
| Annual Growth Rate | 17.34% |
| 5-Year Change | 82.64% |
| 10-Year Change | N/A |
| Growth Volatility | 31.89 |
Suncha Technology Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Suncha Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Suncha Technology Co Ltd (2017–2024)
The table below shows the annual net assets of Suncha Technology Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥871.29 Million | -0.41% |
| 2023-12-31 | CN¥874.84 Million | -0.38% |
| 2022-12-31 | CN¥878.22 Million | -5.53% |
| 2021-12-31 | CN¥929.64 Million | +94.87% |
| 2020-12-31 | CN¥477.06 Million | +23.18% |
| 2019-12-31 | CN¥387.30 Million | +17.20% |
| 2018-12-31 | CN¥330.46 Million | +16.16% |
| 2017-12-31 | CN¥284.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Suncha Technology Co Ltd'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 123.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥306.51 Million | 35.18% |
| Common Stock | CN¥72.00 Million | 8.26% |
| Other Components | CN¥492.79 Million | 56.56% |
| Total Equity | CN¥871.29 Million | 100.00% |
Suncha Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Suncha Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Immobiliare Grande Distribuzione SIIQ S.p.A
PINK:IMMQF
|
$140.14 Million |
|
Ege Gubre Sanayi AS
IS:EGGUB
|
$140.15 Million |
|
VOXEL SA ZY 1
F:0NX
|
$140.19 Million |
|
Melar Acquisition Corp. I Class A Ordinary Shares
NASDAQ:MACI
|
$140.20 Million |
|
Blumar
SN:BLUMAR
|
$140.13 Million |
|
Saratoga Investama Sedaya
JK:SRTG
|
$140.13 Million |
|
McBride plc
PINK:MCBRF
|
$140.13 Million |
|
Archer Ltd.
LSE:0RBA
|
$140.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suncha Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 865,927,439 to 871,293,814, a change of 5,366,375 (0.6%).
- Net income of 28,423,092 contributed positively to equity growth.
- Dividend payments of 17,113,995 reduced retained earnings.
- Share repurchases of 16,659,818 reduced equity.
- Other factors increased equity by 10,717,096.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥28.42 Million | +3.26% |
| Dividends Paid | CN¥17.11 Million | -1.96% |
| Share Repurchases | CN¥16.66 Million | -1.91% |
| Other Changes | CN¥10.72 Million | +1.23% |
| Total Change | CN¥- | 0.62% |
Book Value vs Market Value Analysis
This analysis compares Suncha Technology Co Ltd'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: 2.29x
- 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 5.13x to 2.29x 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 | CN¥5.34 | CN¥27.42 | x |
| 2018-12-31 | CN¥6.11 | CN¥27.42 | x |
| 2019-12-31 | CN¥5.38 | CN¥27.42 | x |
| 2020-12-31 | CN¥6.63 | CN¥27.42 | x |
| 2021-12-31 | CN¥12.91 | CN¥27.42 | x |
| 2022-12-31 | CN¥12.20 | CN¥27.42 | x |
| 2023-12-31 | CN¥11.68 | CN¥27.42 | x |
| 2024-12-31 | CN¥11.96 | CN¥27.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suncha Technology Co Ltd 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): 3.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.08%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 2.13x
- Recent ROE (3.26%) is below the historical average (9.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 14.41% | 8.19% | 0.85x | 2.06x | CN¥12.55 Million |
| 2018 | 13.91% | 7.56% | 0.91x | 2.01x | CN¥12.92 Million |
| 2019 | 18.55% | 10.01% | 0.95x | 1.96x | CN¥33.11 Million |
| 2020 | 18.82% | 10.76% | 1.02x | 1.71x | CN¥42.06 Million |
| 2021 | 7.56% | 7.20% | 0.76x | 1.38x | CN¥-22.67 Million |
| 2022 | -1.76% | -1.61% | 0.68x | 1.60x | CN¥-103.24 Million |
| 2023 | -1.37% | -1.17% | 0.62x | 1.88x | CN¥-98.46 Million |
| 2024 | 3.26% | 2.08% | 0.74x | 2.13x | CN¥-58.71 Million |
Industry Comparison
This section compares Suncha Technology Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $24,041,252,104
- Average return on equity (ROE) among peers: 13.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suncha Technology Co Ltd (001211) | CN¥874.13 Million | 14.41% | 1.12x | $140.14 Million |
| Midea Group Co Ltd (000333) | $174.30 Billion | 19.35% | 1.79x | $52.26 Billion |
| Gree Electric Appliances Inc of Zhuhai (000651) | $18.38 Billion | 28.50% | 3.64x | $20.32 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Beijing Liven Technology Co. Ltd. (001259) | $147.07 Million | 8.03% | 1.46x | $103.19 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.36 Billion | 16.25% | 0.33x | $252.27 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $1.41 Billion | 7.18% | 0.18x | $107.70 Million |
| Hefei Snowky Elec Co Ltd (001387) | $243.27 Million | 1.71% | 3.79x | $137.43 Million |
| Elec-Tech International Co Ltd (002005) | $5.99 Billion | 0.33% | 1.24x | $402.60 Million |
| Zhejiang Supor Co Ltd (002032) | $7.07 Billion | 29.23% | 0.83x | $795.41 Million |