Ningbo Sunrise Elc Technology Co Ltd Class A
Ningbo Sunrise Elc Technology Co.,Ltd engages in the manufactures and sale of precision components. The company offers automotive components, such as battery insert molding parts, electrical control insert molding parts, connectors, connector parts, copper busbars, and press-fit pins for new energy vehicles; and motor parts and shield plates. It also provides smart devices, including smart TV par… Read more
Ningbo Sunrise Elc Technology Co Ltd Class A (002937) - Net Assets
Latest net assets as of September 2025: CN¥1.60 Billion CNY
Based on the latest financial reports, Ningbo Sunrise Elc Technology Co Ltd Class A (002937) has net assets worth CN¥1.60 Billion 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¥2.54 Billion) and total liabilities (CN¥938.74 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¥1.60 Billion |
| % of Total Assets | 63.08% |
| Annual Growth Rate | 20.03% |
| 5-Year Change | 59.53% |
| 10-Year Change | 476.76% |
| Growth Volatility | 33.98 |
Ningbo Sunrise Elc Technology Co Ltd Class A - Net Assets Trend (2014–2024)
This chart illustrates how Ningbo Sunrise Elc Technology Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ningbo Sunrise Elc Technology Co Ltd Class A (2014–2024)
The table below shows the annual net assets of Ningbo Sunrise Elc Technology Co Ltd Class A from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.60 Billion | +4.46% |
| 2023-12-31 | CN¥1.53 Billion | +21.91% |
| 2022-12-31 | CN¥1.26 Billion | +18.61% |
| 2021-12-31 | CN¥1.06 Billion | +5.62% |
| 2020-12-31 | CN¥1.00 Billion | +8.83% |
| 2019-12-31 | CN¥920.85 Million | +10.23% |
| 2018-12-31 | CN¥835.36 Million | +123.86% |
| 2017-12-31 | CN¥373.16 Million | +13.54% |
| 2016-12-31 | CN¥328.66 Million | +18.57% |
| 2015-12-31 | CN¥277.19 Million | +7.67% |
| 2014-12-31 | CN¥257.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ningbo Sunrise Elc Technology Co Ltd Class A'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 2991.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥823.29 Million | 51.51% |
| Common Stock | CN¥297.78 Million | 18.63% |
| Other Components | CN¥477.27 Million | 29.86% |
| Total Equity | CN¥1.60 Billion | 100.00% |
Ningbo Sunrise Elc Technology Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Ningbo Sunrise Elc Technology Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anhui Ronds Science & Technology Inc Co
SHG:688768
|
$378.37 Million |
|
AB S.A. ZY 1
F:8B6
|
$378.38 Million |
|
Havas N.V.
F:JP71
|
$378.42 Million |
|
Emergent Biosolutions Inc
NYSE:EBS
|
$378.44 Million |
|
StoryTel AB
LSE:0GBU
|
$378.11 Million |
|
GREENLIGHT CAP.RE A DL-01
F:G8L
|
$378.10 Million |
|
Henan Qingshuiyuan Technology Co Ltd
SHE:300437
|
$378.05 Million |
|
Chengdu JOUAV Automation Tech Co. Ltd. A
SHG:688070
|
$377.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Sunrise Elc Technology Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,530,578,612 to 1,598,341,050, a change of 67,762,438 (4.4%).
- Net income of 228,538,566 contributed positively to equity growth.
- Dividend payments of 107,317,542 reduced retained earnings.
- Share repurchases of 89,852,305 reduced equity.
- Other factors increased equity by 36,393,719.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥228.54 Million | +14.3% |
| Dividends Paid | CN¥107.32 Million | -6.71% |
| Share Repurchases | CN¥89.85 Million | -5.62% |
| Other Changes | CN¥36.39 Million | +2.28% |
| Total Change | CN¥- | 4.43% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Sunrise Elc Technology Co Ltd Class A'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: 4.69x
- 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 21.99x to 4.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥1.15 | CN¥25.24 | x |
| 2015-12-31 | CN¥1.27 | CN¥25.24 | x |
| 2016-12-31 | CN¥1.49 | CN¥25.24 | x |
| 2017-12-31 | CN¥1.70 | CN¥25.24 | x |
| 2018-12-31 | CN¥3.50 | CN¥25.24 | x |
| 2019-12-31 | CN¥3.13 | CN¥25.24 | x |
| 2020-12-31 | CN¥3.40 | CN¥25.24 | x |
| 2021-12-31 | CN¥3.61 | CN¥25.24 | x |
| 2022-12-31 | CN¥4.28 | CN¥25.24 | x |
| 2023-12-31 | CN¥4.99 | CN¥25.24 | x |
| 2024-12-31 | CN¥5.39 | CN¥25.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Sunrise Elc Technology Co Ltd Class A 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): 14.30%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.01%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.59x
- Recent ROE (14.30%) is below the historical average (15.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 12.52% | 4.37% | 1.24x | 2.31x | CN¥6.41 Million |
| 2015 | 14.74% | 5.94% | 1.19x | 2.09x | CN¥13.13 Million |
| 2016 | 20.56% | 9.34% | 1.17x | 1.88x | CN¥34.72 Million |
| 2017 | 22.45% | 9.54% | 1.39x | 1.69x | CN¥46.47 Million |
| 2018 | 13.13% | 10.78% | 0.95x | 1.28x | CN¥26.16 Million |
| 2019 | 15.02% | 13.51% | 0.89x | 1.25x | CN¥46.19 Million |
| 2020 | 12.70% | 12.23% | 0.82x | 1.26x | CN¥27.02 Million |
| 2021 | 10.71% | 9.06% | 0.87x | 1.35x | CN¥7.56 Million |
| 2022 | 17.43% | 12.39% | 0.93x | 1.52x | CN¥93.29 Million |
| 2023 | 17.45% | 13.31% | 0.79x | 1.65x | CN¥113.97 Million |
| 2024 | 14.30% | 12.01% | 0.75x | 1.59x | CN¥68.70 Million |
Industry Comparison
This section compares Ningbo Sunrise Elc Technology Co Ltd Class A's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,729,724,236
- Average return on equity (ROE) among peers: 9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Sunrise Elc Technology Co Ltd Class A (002937) | CN¥1.60 Billion | 12.52% | 0.59x | $378.19 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $232.24 Million | -19.09% | 0.85x | $268.56 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.26 Billion | 17.72% | 2.90x | $768.09 Million |
| CPT Technology Group Co Ltd (000536) | $-18.89 Million | 0.00% | 0.00x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.01 Billion | 2.72% | 0.32x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $315.64 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $20.18 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.38 Billion | 5.53% | 0.63x | $2.54 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $451.00 Million | 7.52% | 0.67x | $1.39 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $389.14 Million | 20.02% | 1.72x | $174.91 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $268.16 Million | 42.89% | 0.50x | $149.46 Million |