Shenzhen Sunrise New Energy Co Ltd (002256) - Net Assets
Based on the latest financial reports, Shenzhen Sunrise New Energy Co Ltd (002256) has net assets worth CN¥1.15 Billion CNY (≈ $168.58 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 (CN¥1.69 Billion ≈ $247.29 Million USD) and total liabilities (CN¥537.86 Million ≈ $78.71 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 Shenzhen Sunrise New Energy Co Ltd (002256) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.15 Billion |
| % of Total Assets | 68.17% |
| Annual Growth Rate | 16.28% |
| 5-Year Change | -31.98% |
| 10-Year Change | 92.02% |
| Growth Volatility | 84.8 |
Shenzhen Sunrise New Energy Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Shenzhen Sunrise New Energy Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Shenzhen Sunrise New Energy Co Ltd stock valuation.
Annual Net Assets for Shenzhen Sunrise New Energy Co Ltd (2005–2024)
The table below shows the annual net assets of Shenzhen Sunrise New Energy Co Ltd from 2005 to 2024. Also explore Shenzhen Sunrise New Energy Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.15 Billion ≈ $168.71 Million |
-18.83% |
| 2023-12-31 | CN¥1.42 Billion ≈ $207.85 Million |
+15.14% |
| 2022-12-31 | CN¥1.23 Billion ≈ $180.52 Million |
-1.35% |
| 2021-12-31 | CN¥1.25 Billion ≈ $183.00 Million |
-26.21% |
| 2020-12-31 | CN¥1.69 Billion ≈ $248.01 Million |
+1.32% |
| 2019-12-31 | CN¥1.67 Billion ≈ $244.77 Million |
-13.88% |
| 2018-12-31 | CN¥1.94 Billion ≈ $284.24 Million |
-16.24% |
| 2017-12-31 | CN¥2.32 Billion ≈ $339.34 Million |
+3.48% |
| 2016-12-31 | CN¥2.24 Billion ≈ $327.94 Million |
+273.24% |
| 2015-12-31 | CN¥600.43 Million ≈ $87.86 Million |
+6.89% |
| 2014-12-31 | CN¥561.75 Million ≈ $82.20 Million |
+8.92% |
| 2013-12-31 | CN¥515.76 Million ≈ $75.47 Million |
-8.56% |
| 2012-12-31 | CN¥564.06 Million ≈ $82.54 Million |
+0.02% |
| 2011-12-31 | CN¥563.97 Million ≈ $82.53 Million |
+5.11% |
| 2010-12-31 | CN¥536.57 Million ≈ $78.52 Million |
+7.03% |
| 2009-12-31 | CN¥501.34 Million ≈ $73.36 Million |
+28.04% |
| 2008-12-31 | CN¥391.54 Million ≈ $57.29 Million |
+272.27% |
| 2007-12-31 | CN¥105.18 Million ≈ $15.39 Million |
+61.51% |
| 2006-12-31 | CN¥65.12 Million ≈ $9.53 Million |
-0.86% |
| 2005-12-31 | CN¥65.68 Million ≈ $9.61 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Sunrise New Energy 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 decreased by 18231.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.95 Billion | 176.74% |
| Other Comprehensive Income | CN¥46.85 Million | 4.24% |
| Other Components | CN¥146.73 Million | 13.27% |
| Total Equity | CN¥1.11 Billion | 100.00% |
Shenzhen Sunrise New Energy Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Sunrise New Energy Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jingjin Environmental Protection Co Ltd
SHG:603279
|
$939.56 Million |
|
Karat Packaging Inc
NASDAQ:KRT
|
$940.09 Million |
|
AMG Advanced Metallurgical Group NV
AS:AMG
|
$940.26 Million |
|
Fujian Longma Envi Sanitation
SHG:603686
|
$940.43 Million |
|
Cosmoam&T
KO:005070
|
$939.42 Million |
|
SUFA Technology Industry Co Ltd CNNC
SHE:000777
|
$938.65 Million |
|
Karelia Tobacco Company Inc
AT:KARE
|
$938.40 Million |
|
Beijing Oriental Jicheng Co Ltd
SHE:002819
|
$938.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Sunrise New Energy Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,277,419,769 to 1,106,055,004, a change of -171,364,765 (-13.4%).
- Net loss of 143,366,091 reduced equity.
- Dividend payments of 26,924,385 reduced retained earnings.
- Share repurchases of 50,023,049 reduced equity.
- Other comprehensive income increased equity by 46,393,294.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-143.37 Million | -12.96% |
| Dividends Paid | CN¥26.92 Million | -2.43% |
| Share Repurchases | CN¥50.02 Million | -4.52% |
| Other Comprehensive Income | CN¥46.39 Million | +4.19% |
| Other Changes | CN¥2.56 Million | +0.23% |
| Total Change | CN¥- | -13.41% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Sunrise New Energy 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: 5.96x
- 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 26.76x to 5.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥0.12 | CN¥3.22 | x |
| 2006-12-31 | CN¥0.12 | CN¥3.22 | x |
| 2007-12-31 | CN¥0.14 | CN¥3.22 | x |
| 2008-12-31 | CN¥0.45 | CN¥3.22 | x |
| 2009-12-31 | CN¥0.41 | CN¥3.22 | x |
| 2010-12-31 | CN¥0.44 | CN¥3.22 | x |
| 2011-12-31 | CN¥0.38 | CN¥3.22 | x |
| 2012-12-31 | CN¥0.32 | CN¥3.22 | x |
| 2013-12-31 | CN¥0.40 | CN¥3.22 | x |
| 2014-12-31 | CN¥0.42 | CN¥3.22 | x |
| 2015-12-31 | CN¥0.46 | CN¥3.22 | x |
| 2016-12-31 | CN¥1.15 | CN¥3.22 | x |
| 2017-12-31 | CN¥1.19 | CN¥3.22 | x |
| 2018-12-31 | CN¥1.05 | CN¥3.22 | x |
| 2019-12-31 | CN¥0.86 | CN¥3.22 | x |
| 2020-12-31 | CN¥0.89 | CN¥3.22 | x |
| 2021-12-31 | CN¥0.65 | CN¥3.22 | x |
| 2022-12-31 | CN¥0.64 | CN¥3.22 | x |
| 2023-12-31 | CN¥0.65 | CN¥3.22 | x |
| 2024-12-31 | CN¥0.54 | CN¥3.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Sunrise New Energy 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): -12.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -41.40%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.44x
- Recent ROE (-12.96%) is below the historical average (4.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 18.03% | 6.42% | 1.09x | 2.58x | CN¥5.28 Million |
| 2006 | 40.54% | 11.85% | 1.36x | 2.51x | CN¥19.89 Million |
| 2007 | 38.09% | 13.34% | 1.50x | 1.90x | CN¥29.54 Million |
| 2008 | 9.28% | 11.92% | 0.68x | 1.15x | CN¥-2.82 Million |
| 2009 | 9.62% | 12.04% | 0.55x | 1.46x | CN¥-1.52 Million |
| 2010 | 7.16% | 7.86% | 0.61x | 1.49x | CN¥-12.38 Million |
| 2011 | 4.64% | 5.05% | 0.61x | 1.50x | CN¥-24.48 Million |
| 2012 | 1.55% | 1.46% | 0.60x | 1.76x | CN¥-38.15 Million |
| 2013 | 11.96% | 10.26% | 0.91x | 1.28x | CN¥9.92 Million |
| 2014 | 7.70% | 7.99% | 0.43x | 2.24x | CN¥-12.59 Million |
| 2015 | 8.76% | 10.12% | 0.27x | 3.18x | CN¥-7.26 Million |
| 2016 | 5.23% | 18.23% | 0.19x | 1.51x | CN¥-105.92 Million |
| 2017 | 6.74% | 23.74% | 0.17x | 1.69x | CN¥-74.21 Million |
| 2018 | -10.62% | -33.71% | 0.20x | 1.61x | CN¥-395.07 Million |
| 2019 | -16.83% | -64.32% | 0.16x | 1.67x | CN¥-442.24 Million |
| 2020 | 3.33% | 13.43% | 0.15x | 1.66x | CN¥-111.54 Million |
| 2021 | -41.14% | -147.16% | 0.16x | 1.72x | CN¥-621.72 Million |
| 2022 | -2.29% | -9.13% | 0.15x | 1.63x | CN¥-147.87 Million |
| 2023 | -6.64% | -25.62% | 0.18x | 1.42x | CN¥-212.57 Million |
| 2024 | -12.96% | -41.40% | 0.22x | 1.44x | CN¥-253.97 Million |
Industry Comparison
This section compares Shenzhen Sunrise New Energy Co Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $6,640,592,793
- Average return on equity (ROE) among peers: 3.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Sunrise New Energy Co Ltd (002256) | CN¥1.15 Billion | 18.03% | 0.47x | $939.52 Million |
| Tunghsu Azure Renewable Energy Co Ltd (000040) | $880.06 Million | 3.18% | 1.31x | $106.61 Million |
| Tianjin Guangyu Development Co Ltd (000537) | $686.46 Million | -5.69% | 3.00x | $2.28 Billion |
| Guangdong Electric Power Development Co Ltd (000539) | $13.08 Billion | 5.85% | 1.68x | $3.39 Billion |
| CECEP Solar Energy Co Ltd (000591) | $248.35 Million | 10.09% | 0.97x | $2.46 Billion |
| GEPIC Energy Development Co Ltd (000791) | $6.02 Billion | 4.34% | 2.30x | $3.52 Billion |
| Tieling Newcity Investment Holding Ltd (000809) | $242.88 Million | 9.67% | 1.10x | $430.87 Million |
| Hubei Energy Group Co Ltd (000883) | $36.72 Billion | 3.17% | 1.16x | $4.21 Billion |
| Fujian MinDong Electric Power Co Ltd (000993) | $1.40 Billion | -6.83% | 0.84x | $1.31 Billion |
| Shenzhen Feima International Supply Chain Co Ltd (002210) | $479.05 Million | 10.68% | 8.78x | $841.15 Million |
About Shenzhen Sunrise New Energy Co Ltd
ZETTA Group Co., Ltd. engages in the manufacturing of spray paints, mechanical and automotive care products, and household care products in China and internationally. The company operates through two segments, Fine Chemicals and Photovoltaic Business. It offers spray paints, such as acrylic, animal marking, benzene-free, custom color, diy wall repair, fluorescent, hammer finish, heat resistant, l… Read more