Shenzhen Sunnypol Optoelectronics Co Ltd (002876) - Net Assets
Based on the latest financial reports, Shenzhen Sunnypol Optoelectronics Co Ltd (002876) has net assets worth CN¥2.38 Billion CNY (≈ $348.25 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¥6.34 Billion ≈ $928.38 Million USD) and total liabilities (CN¥3.96 Billion ≈ $580.13 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 002876 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.38 Billion |
| % of Total Assets | 37.51% |
| Annual Growth Rate | 23.22% |
| 5-Year Change | 27.34% |
| 10-Year Change | 517.34% |
| Growth Volatility | 32.68 |
Shenzhen Sunnypol Optoelectronics Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Shenzhen Sunnypol Optoelectronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002876 total assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Sunnypol Optoelectronics Co Ltd (2012–2024)
The table below shows the annual net assets of Shenzhen Sunnypol Optoelectronics Co Ltd from 2012 to 2024. For live valuation and market cap data, see market cap of Shenzhen Sunnypol Optoelectronics Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.36 Billion ≈ $345.51 Million |
+0.77% |
| 2023-12-31 | CN¥2.34 Billion ≈ $342.89 Million |
+0.36% |
| 2022-12-31 | CN¥2.33 Billion ≈ $341.66 Million |
+8.43% |
| 2021-12-31 | CN¥2.15 Billion ≈ $315.09 Million |
+16.13% |
| 2020-12-31 | CN¥1.85 Billion ≈ $271.32 Million |
+98.81% |
| 2019-12-31 | CN¥932.61 Million ≈ $136.47 Million |
+5.30% |
| 2018-12-31 | CN¥885.64 Million ≈ $129.60 Million |
+0.37% |
| 2017-12-31 | CN¥882.37 Million ≈ $129.12 Million |
+94.13% |
| 2016-12-31 | CN¥454.53 Million ≈ $66.51 Million |
+18.84% |
| 2015-12-31 | CN¥382.47 Million ≈ $55.97 Million |
+26.24% |
| 2014-12-31 | CN¥302.98 Million ≈ $44.34 Million |
+29.88% |
| 2013-12-31 | CN¥233.28 Million ≈ $34.14 Million |
+21.09% |
| 2012-12-31 | CN¥192.65 Million ≈ $28.19 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Sunnypol Optoelectronics 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 1171.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.05 Billion | 44.37% |
| Common Stock | CN¥173.88 Million | 7.36% |
| Other Comprehensive Income | CN¥86.94 Million | 3.68% |
| Other Components | CN¥1.05 Billion | 44.58% |
| Total Equity | CN¥2.36 Billion | 100.00% |
Shenzhen Sunnypol Optoelectronics Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Sunnypol Optoelectronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hainan Haiqi Transportation Group Co Ltd
SHG:603069
|
$787.02 Million |
|
China Catalyst Holding Co. Ltd. A
SHG:688267
|
$787.17 Million |
|
Sichuan Mingxing Electric Power Co Ltd
SHG:600101
|
$787.26 Million |
|
Liaoning Fu-An
SHG:603315
|
$788.05 Million |
|
ShenZhen Zero-Seven Co Ltd
SHE:000007
|
$786.30 Million |
|
Daewon Cable
KO:006340
|
$786.10 Million |
|
Chongqing QinAn M&E PLC
SHG:603758
|
$785.93 Million |
|
Riley Exploration Permian Inc
NYSE MKT:REPX
|
$785.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Sunnypol Optoelectronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,334,027,000 to 2,361,364,000, a change of 27,337,000 (1.2%).
- Net income of 68,091,000 contributed positively to equity growth.
- Dividend payments of 38,613,000 reduced retained earnings.
- Share repurchases of 10,998,302 reduced equity.
- Other comprehensive income increased equity by 466.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥68.09 Million | +2.88% |
| Dividends Paid | CN¥38.61 Million | -1.64% |
| Share Repurchases | CN¥11.00 Million | -0.47% |
| Other Comprehensive Income | CN¥466.00 | +0.0% |
| Other Changes | CN¥8.86 Million | +0.38% |
| Total Change | CN¥- | 1.17% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Sunnypol Optoelectronics 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: 2.27x
- 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 17.42x to 2.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.77 | CN¥30.91 | x |
| 2013-12-31 | CN¥2.15 | CN¥30.91 | x |
| 2014-12-31 | CN¥2.77 | CN¥30.91 | x |
| 2015-12-31 | CN¥3.47 | CN¥30.91 | x |
| 2016-12-31 | CN¥4.11 | CN¥30.91 | x |
| 2017-12-31 | CN¥6.75 | CN¥30.91 | x |
| 2018-12-31 | CN¥6.14 | CN¥30.91 | x |
| 2019-12-31 | CN¥6.38 | CN¥30.91 | x |
| 2020-12-31 | CN¥10.62 | CN¥30.91 | x |
| 2021-12-31 | CN¥12.39 | CN¥30.91 | x |
| 2022-12-31 | CN¥13.41 | CN¥30.91 | x |
| 2023-12-31 | CN¥13.42 | CN¥30.91 | x |
| 2024-12-31 | CN¥13.61 | CN¥30.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Sunnypol Optoelectronics 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): 2.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.63%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 2.23x
- Recent ROE (2.88%) is below the historical average (10.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 9.29% | 7.37% | 0.65x | 1.95x | CN¥-1.37 Million |
| 2013 | 17.42% | 9.88% | 0.94x | 1.87x | CN¥17.31 Million |
| 2014 | 23.00% | 11.79% | 1.01x | 1.94x | CN¥39.40 Million |
| 2015 | 21.37% | 12.11% | 0.77x | 2.29x | CN¥42.94 Million |
| 2016 | 16.19% | 9.10% | 0.56x | 3.16x | CN¥27.83 Million |
| 2017 | 9.36% | 10.05% | 0.48x | 1.92x | CN¥-5.58 Million |
| 2018 | 3.14% | 3.14% | 0.44x | 2.27x | CN¥-60.46 Million |
| 2019 | 5.51% | 3.53% | 0.60x | 2.62x | CN¥-41.71 Million |
| 2020 | 6.37% | 6.13% | 0.58x | 1.80x | CN¥-66.64 Million |
| 2021 | 15.94% | 14.65% | 0.60x | 1.83x | CN¥125.77 Million |
| 2022 | 8.88% | 9.50% | 0.57x | 1.63x | CN¥-26.16 Million |
| 2023 | 1.83% | 2.07% | 0.51x | 1.75x | CN¥-190.60 Million |
| 2024 | 2.88% | 2.63% | 0.49x | 2.23x | CN¥-168.05 Million |
Industry Comparison
This section compares Shenzhen Sunnypol Optoelectronics Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Sunnypol Optoelectronics Co Ltd (002876) | CN¥2.38 Billion | 9.29% | 1.67x | $786.50 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Shenzhen Sunnypol Optoelectronics Co Ltd
Shenzhen Sunnypol Optoelectronics Co.,Ltd. engages in the research and development, production, and sale of polarizers in China. It offers polarizer products, such as TFT polarizer, black and white polarizer, 3D glasses polarizer, and OLED polarizer. The company provides polarizers for mobile phones, tablet computers, computer displays, LCD TVs, 3D glasses, anti-glare lenses, filters for photogra… Read more