Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd Net Assets
Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd net assets. Based on the latest financial reports, Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd (002388) has net assets worth CN¥1.24 Billion CNY (≈ $181.08 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¥2.88 Billion ≈ $421.38 Million USD) and total liabilities (CN¥1.64 Billion ≈ $240.30 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. Also explore Shenzhen Sunyes Electronic Manufacturing equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.24 Billion |
| % of Total Assets | 42.97% |
| Annual Growth Rate | 16.36% |
| 5-Year Change | -2.96% |
| 10-Year Change | 115.1% |
| Growth Volatility | 63.06 |
Net Assets of Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd (2006–2024)
Net assets of Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd from 2006 to 2024. This chart illustrates how Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shenzhen Sunyes Electronic Manufacturing (002388) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd (2006–2024)
The table below shows the annual net assets of Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd from 2006 to 2024. For live market cap and overall valuation, see Shenzhen Sunyes Electronic Manufacturing market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.25 Billion ≈ $183.64 Million |
-18.98% |
| 2023-12-31 | CN¥1.55 Billion ≈ $226.67 Million |
+5.76% |
| 2022-12-31 | CN¥1.46 Billion ≈ $214.33 Million |
+1.74% |
| 2021-12-31 | CN¥1.44 Billion ≈ $210.67 Million |
+11.32% |
| 2020-12-31 | CN¥1.29 Billion ≈ $189.24 Million |
-0.79% |
| 2019-12-31 | CN¥1.30 Billion ≈ $190.75 Million |
+2.05% |
| 2018-12-31 | CN¥1.28 Billion ≈ $186.91 Million |
+2.29% |
| 2017-12-31 | CN¥1.25 Billion ≈ $182.74 Million |
+110.22% |
| 2016-12-31 | CN¥594.04 Million ≈ $86.93 Million |
+1.82% |
| 2015-12-31 | CN¥583.44 Million ≈ $85.37 Million |
+1.29% |
| 2014-12-31 | CN¥575.98 Million ≈ $84.28 Million |
+1.18% |
| 2013-12-31 | CN¥569.26 Million ≈ $83.30 Million |
-1.46% |
| 2012-12-31 | CN¥577.70 Million ≈ $84.54 Million |
+0.14% |
| 2011-12-31 | CN¥576.92 Million ≈ $84.42 Million |
+0.34% |
| 2010-12-31 | CN¥574.96 Million ≈ $84.13 Million |
+261.05% |
| 2009-12-31 | CN¥159.25 Million ≈ $23.30 Million |
+15.34% |
| 2008-12-31 | CN¥138.07 Million ≈ $20.20 Million |
+22.22% |
| 2007-12-31 | CN¥112.97 Million ≈ $16.53 Million |
+37.63% |
| 2006-12-31 | CN¥82.08 Million ≈ $12.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Sunyes Electronic Manufacturing Holding 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 672.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd Net Assets Breakdown (December 2024)
Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥510.70 Million | 52.70% |
| Other Comprehensive Income | CN¥2.12 Million | 0.22% |
| Other Components | CN¥711.50 Million | 73.43% |
| Total Equity | CN¥968.99 Million | 100.00% |
Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shang Gong Group Co Ltd A
SHG:600843
|
$498.49 Million |
|
Ambassador Hotel Ltd
TW:2704
|
$498.82 Million |
|
Shelf Drilling Ltd
OL:SHLF
|
$498.91 Million |
|
SA Corporate Real Estate Fund Managers Ltd
JSE:SAC
|
$499.25 Million |
|
SunOpta Inc.
NASDAQ:STKL
|
$498.43 Million |
|
Bichamp Cutting Technology Hunan Co Ltd
SHE:002843
|
$498.41 Million |
|
Ichitan Group Public Company Limited
BK:ICHI-R
|
$498.39 Million |
|
Avax S.A
AT:AVAX
|
$498.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,195,364,713 to 968,987,066, a change of -226,377,647 (-18.9%).
- Net loss of 236,115,874 reduced equity.
- Dividend payments of 35,068,046 reduced retained earnings.
- Share repurchases of 6,242,742 reduced equity.
- Other comprehensive income decreased equity by 235,128,530.
- Other factors increased equity by 286,177,545.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-236.12 Million | -24.37% |
| Dividends Paid | CN¥35.07 Million | -3.62% |
| Share Repurchases | CN¥6.24 Million | -0.64% |
| Other Comprehensive Income | CN¥-235.13 Million | -24.27% |
| Other Changes | CN¥286.18 Million | +29.53% |
| Total Change | CN¥- | -18.94% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Sunyes Electronic Manufacturing Holding 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: 3.52x
- 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 21.71x to 3.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.31 | CN¥6.67 | x |
| 2007-12-31 | CN¥0.42 | CN¥6.67 | x |
| 2008-12-31 | CN¥0.46 | CN¥6.67 | x |
| 2009-12-31 | CN¥0.54 | CN¥6.67 | x |
| 2010-12-31 | CN¥1.52 | CN¥6.67 | x |
| 2011-12-31 | CN¥1.47 | CN¥6.67 | x |
| 2012-12-31 | CN¥1.36 | CN¥6.67 | x |
| 2013-12-31 | CN¥1.40 | CN¥6.67 | x |
| 2014-12-31 | CN¥1.50 | CN¥6.67 | x |
| 2015-12-31 | CN¥1.23 | CN¥6.67 | x |
| 2016-12-31 | CN¥1.59 | CN¥6.67 | x |
| 2017-12-31 | CN¥2.73 | CN¥6.67 | x |
| 2018-12-31 | CN¥2.27 | CN¥6.67 | x |
| 2019-12-31 | CN¥2.36 | CN¥6.67 | x |
| 2020-12-31 | CN¥2.41 | CN¥6.67 | x |
| 2021-12-31 | CN¥2.84 | CN¥6.67 | x |
| 2022-12-31 | CN¥2.88 | CN¥6.67 | x |
| 2023-12-31 | CN¥2.38 | CN¥6.67 | x |
| 2024-12-31 | CN¥1.89 | CN¥6.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Sunyes Electronic Manufacturing Holding 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): -24.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.75%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.96x
- Recent ROE (-24.37%) is below the historical average (4.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 28.10% | 10.50% | 1.02x | 2.62x | CN¥14.79 Million |
| 2007 | 29.42% | 10.91% | 1.19x | 2.26x | CN¥21.93 Million |
| 2008 | 18.18% | 6.66% | 1.60x | 1.71x | CN¥11.29 Million |
| 2009 | 19.55% | 8.53% | 1.56x | 1.47x | CN¥15.21 Million |
| 2010 | 4.60% | 5.19% | 0.80x | 1.11x | CN¥-31.01 Million |
| 2011 | 4.42% | 4.43% | 0.90x | 1.11x | CN¥-31.78 Million |
| 2012 | 2.57% | 3.41% | 0.69x | 1.10x | CN¥-42.05 Million |
| 2013 | 1.79% | 2.36% | 0.70x | 1.08x | CN¥-45.64 Million |
| 2014 | 2.01% | 2.19% | 0.63x | 1.46x | CN¥-45.16 Million |
| 2015 | 0.81% | 0.81% | 0.66x | 1.53x | CN¥-52.11 Million |
| 2016 | 1.88% | 1.34% | 0.65x | 2.18x | CN¥-46.92 Million |
| 2017 | 5.27% | 7.99% | 0.45x | 1.45x | CN¥-58.29 Million |
| 2018 | 1.91% | 2.61% | 0.42x | 1.72x | CN¥-92.75 Million |
| 2019 | 3.31% | 2.59% | 0.70x | 1.82x | CN¥-79.48 Million |
| 2020 | 3.34% | 1.98% | 0.83x | 2.04x | CN¥-80.44 Million |
| 2021 | 4.24% | 2.60% | 1.03x | 1.57x | CN¥-82.01 Million |
| 2022 | 1.69% | 1.36% | 0.71x | 1.75x | CN¥-120.55 Million |
| 2023 | -20.19% | -11.25% | 0.71x | 2.52x | CN¥-360.92 Million |
| 2024 | -24.37% | -10.75% | 0.77x | 2.96x | CN¥-333.01 Million |
Industry Comparison
This section compares Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,525,177,519
- Average return on equity (ROE) among peers: 7.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd (002388) | CN¥1.24 Billion | 28.10% | 1.33x | $498.46 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $3.76 Billion |
| Guangdong Macro Co Ltd (000533) | $853.87 Million | 3.69% | 1.99x | $971.46 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $4.34 Billion | 8.70% | 0.29x | $933.93 Million |
| Dongfang Electronics Co Ltd (000682) | $1.38 Billion | 1.37% | 0.26x | $2.01 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.42 Billion | 8.15% | 0.96x | $603.09 Million |
| Huagong Tech Co Ltd (000988) | $2.89 Billion | 5.83% | 0.62x | $9.31 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $775.82 Million | 9.79% | 0.91x | $1.14 Billion |
| Sieyuan Electric Co Ltd (002028) | $662.13 Million | 22.60% | 1.20x | $13.04 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $165.38 Million | 6.52% | 0.32x | $426.33 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $6.61 Billion |
About Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd
Sunyes Manufacturing (Zhejiang) Holding Co., Ltd. engages in the research and development of electrolytes, electronic adhesives, and electronic equipment in China and internationally. The company offers electronic tools, which include power, hand, pneumatic, testing and inspection, SLD electronic, measuring, and test tools; instrumentation equipment, such as measuring, electrical, analytical, ele… Read more