Shenzhen Sunlord Electronics Co Ltd (002138) - Net Assets
Based on the latest financial reports, Shenzhen Sunlord Electronics Co Ltd (002138) has net assets worth CN¥7.02 Billion CNY (≈ $1.03 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥13.50 Billion ≈ $1.98 Billion USD) and total liabilities (CN¥6.48 Billion ≈ $948.73 Million 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 002138 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.02 Billion |
| % of Total Assets | 51.97% |
| Annual Growth Rate | 24.84% |
| 5-Year Change | 26.9% |
| 10-Year Change | 178.5% |
| Growth Volatility | 53.96 |
Shenzhen Sunlord Electronics Co Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Shenzhen Sunlord Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shenzhen Sunlord Electronics Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shenzhen Sunlord Electronics Co Ltd (2004–2025)
The table below shows the annual net assets of Shenzhen Sunlord Electronics Co Ltd from 2004 to 2025. For live valuation and market cap data, see 002138 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥7.42 Billion ≈ $1.09 Billion |
+6.76% |
| 2024-12-31 | CN¥6.95 Billion ≈ $1.02 Billion |
+6.32% |
| 2023-12-31 | CN¥6.54 Billion ≈ $956.95 Million |
+7.22% |
| 2022-12-31 | CN¥6.10 Billion ≈ $892.48 Million |
+4.26% |
| 2021-12-31 | CN¥5.85 Billion ≈ $856.00 Million |
+18.21% |
| 2020-12-31 | CN¥4.95 Billion ≈ $724.14 Million |
+9.75% |
| 2019-12-31 | CN¥4.51 Billion ≈ $659.83 Million |
+3.48% |
| 2018-12-31 | CN¥4.36 Billion ≈ $637.66 Million |
+7.58% |
| 2017-12-31 | CN¥4.05 Billion ≈ $592.75 Million |
+51.97% |
| 2016-12-31 | CN¥2.67 Billion ≈ $390.03 Million |
+10.66% |
| 2015-12-31 | CN¥2.41 Billion ≈ $352.46 Million |
+13.84% |
| 2014-12-31 | CN¥2.12 Billion ≈ $309.60 Million |
+63.83% |
| 2013-12-31 | CN¥1.29 Billion ≈ $188.98 Million |
+8.45% |
| 2012-12-31 | CN¥1.19 Billion ≈ $174.25 Million |
+6.30% |
| 2011-12-31 | CN¥1.12 Billion ≈ $163.93 Million |
+75.66% |
| 2010-12-31 | CN¥637.71 Million ≈ $93.32 Million |
+21.67% |
| 2009-12-31 | CN¥524.13 Million ≈ $76.70 Million |
+5.33% |
| 2008-12-31 | CN¥497.59 Million ≈ $72.81 Million |
+8.34% |
| 2007-12-31 | CN¥459.27 Million ≈ $67.21 Million |
+254.34% |
| 2006-12-31 | CN¥129.61 Million ≈ $18.97 Million |
+25.75% |
| 2005-12-31 | CN¥103.07 Million ≈ $15.08 Million |
+46.62% |
| 2004-12-31 | CN¥70.29 Million ≈ $10.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Sunlord Electronics 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 30179.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.24 Billion | 62.54% |
| Common Stock | CN¥806.32 Million | 11.89% |
| Other Components | CN¥1.73 Billion | 25.56% |
| Total Equity | CN¥6.78 Billion | 100.00% |
Shenzhen Sunlord Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Sunlord Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RATIONAL Aktiengesellschaft
XETRA:RAA
|
$8.40 Billion |
|
Vietnam Technological And Commercial Joint Stock Bank
VN:TCB
|
$8.40 Billion |
|
Enersys
NYSE:ENS
|
$8.40 Billion |
|
Companhia Paranaense de Energia - COPEL
NYSE:ELPC
|
$8.41 Billion |
|
Viper Energy Ut
NASDAQ:VNOM
|
$8.39 Billion |
|
Figma, Inc.
NYSE:FIG
|
$8.39 Billion |
|
Piraeus Financial Holdings S.A
AT:TPEIR
|
$8.39 Billion |
|
Als Ltd
AU:ALQ
|
$8.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Sunlord Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,262,764,093 to 6,779,735,641, a change of 516,971,548 (8.3%).
- Net income of 1,021,016,299 contributed positively to equity growth.
- Dividend payments of 473,415,224 reduced retained earnings.
- Share repurchases of 99,988,590 reduced equity.
- Other comprehensive income increased equity by 19,081,908.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.02 Billion | +15.06% |
| Dividends Paid | CN¥473.42 Million | -6.98% |
| Share Repurchases | CN¥99.99 Million | -1.47% |
| Other Comprehensive Income | CN¥19.08 Million | +0.28% |
| Other Changes | CN¥50.28 Million | +0.74% |
| Total Change | CN¥- | 8.25% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Sunlord Electronics 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: 8.24x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 319.03x to 8.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.22 | CN¥71.16 | x |
| 2005-12-31 | CN¥0.33 | CN¥71.16 | x |
| 2006-12-31 | CN¥0.41 | CN¥71.16 | x |
| 2007-12-31 | CN¥1.25 | CN¥71.16 | x |
| 2008-12-31 | CN¥0.92 | CN¥71.16 | x |
| 2009-12-31 | CN¥0.97 | CN¥71.16 | x |
| 2010-12-31 | CN¥1.11 | CN¥71.16 | x |
| 2011-12-31 | CN¥1.82 | CN¥71.16 | x |
| 2012-12-31 | CN¥1.88 | CN¥71.16 | x |
| 2013-12-31 | CN¥2.01 | CN¥71.16 | x |
| 2014-12-31 | CN¥2.98 | CN¥71.16 | x |
| 2015-12-31 | CN¥3.29 | CN¥71.16 | x |
| 2016-12-31 | CN¥3.56 | CN¥71.16 | x |
| 2017-12-31 | CN¥5.16 | CN¥71.16 | x |
| 2018-12-31 | CN¥5.30 | CN¥71.16 | x |
| 2019-12-31 | CN¥5.50 | CN¥71.16 | x |
| 2020-12-31 | CN¥6.09 | CN¥71.16 | x |
| 2021-12-31 | CN¥6.91 | CN¥71.16 | x |
| 2022-12-31 | CN¥6.93 | CN¥71.16 | x |
| 2023-12-31 | CN¥7.54 | CN¥71.16 | x |
| 2024-12-31 | CN¥7.90 | CN¥71.16 | x |
| 2025-12-31 | CN¥8.63 | CN¥71.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Sunlord Electronics 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): 15.06%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.14%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.96x
- Recent ROE (15.06%) is above the historical average (14.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 37.57% | 34.03% | 0.71x | 1.55x | CN¥19.38 Million |
| 2005 | 35.33% | 36.38% | 0.62x | 1.57x | CN¥26.11 Million |
| 2006 | 34.30% | 35.69% | 0.53x | 1.81x | CN¥31.50 Million |
| 2007 | 12.13% | 35.02% | 0.28x | 1.22x | CN¥9.77 Million |
| 2008 | 8.48% | 16.82% | 0.37x | 1.35x | CN¥-7.54 Million |
| 2009 | 11.73% | 18.85% | 0.49x | 1.27x | CN¥9.04 Million |
| 2010 | 15.03% | 21.34% | 0.44x | 1.61x | CN¥32.07 Million |
| 2011 | 7.15% | 14.55% | 0.42x | 1.17x | CN¥-31.91 Million |
| 2012 | 10.28% | 16.43% | 0.46x | 1.36x | CN¥3.32 Million |
| 2013 | 11.70% | 14.79% | 0.47x | 1.68x | CN¥21.96 Million |
| 2014 | 10.06% | 18.31% | 0.42x | 1.30x | CN¥1.37 Million |
| 2015 | 10.93% | 19.96% | 0.41x | 1.34x | CN¥22.46 Million |
| 2016 | 13.47% | 20.68% | 0.43x | 1.52x | CN¥92.43 Million |
| 2017 | 8.52% | 17.17% | 0.42x | 1.19x | CN¥-59.08 Million |
| 2018 | 11.13% | 20.26% | 0.45x | 1.22x | CN¥48.76 Million |
| 2019 | 9.09% | 14.91% | 0.43x | 1.43x | CN¥-40.08 Million |
| 2020 | 12.15% | 16.93% | 0.46x | 1.55x | CN¥103.98 Million |
| 2021 | 14.18% | 17.14% | 0.47x | 1.76x | CN¥231.42 Million |
| 2022 | 7.79% | 10.21% | 0.39x | 1.97x | CN¥-122.99 Million |
| 2023 | 10.74% | 12.71% | 0.40x | 2.11x | CN¥44.16 Million |
| 2024 | 13.29% | 14.11% | 0.46x | 2.03x | CN¥205.81 Million |
| 2025 | 15.06% | 15.14% | 0.51x | 1.96x | CN¥343.04 Million |
Industry Comparison
This section compares Shenzhen Sunlord Electronics Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $21,404,927,234
- Average return on equity (ROE) among peers: 44.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Sunlord Electronics Co Ltd (002138) | CN¥7.02 Billion | 37.57% | 0.92x | $8.40 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $276.94 Million | 3.75% | 1.41x | $305.93 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $202.23 Million | 1.58% | 1.20x | $1.35 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $116.44 Million | -93.06% | 2.61x | $481.70 Million |
| CPT Technology Group Co Ltd (000536) | $52.05 Million | 490.89% | 0.65x | $1.46 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $5.53 Billion | 18.40% | 0.27x | $12.63 Billion |
| Xiamen Xindeco Ltd (000701) | $920.35 Million | 5.21% | 1.79x | $491.49 Million |
| BOE Technology Group Co Ltd (000725) | $197.80 Billion | 1.29% | 1.12x | $34.84 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $2.43 Billion | 3.50% | 0.53x | $4.85 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $5.48 Billion | 2.36% | 0.29x | $2.66 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.25 Billion | 7.05% | 0.10x | $4.23 Billion |
About Shenzhen Sunlord Electronics Co Ltd
Shenzhen Sunlord Electronics Co.,Ltd., together with its subsidiaries, engages in the development, manufacture, and sale of various chip electronic components in China and internationally. It operates through Chip Electronic Components and Others segments. The company offers coils and inductors for high frequency, signal, power, PoC, and coupling circuits; EMC components, such as beads, common mo… Read more