Shenzhen Sunway Communication (300136) - Net Assets
Based on the latest financial reports, Shenzhen Sunway Communication (300136) has net assets worth CN¥7.68 Billion CNY (≈ $1.12 Billion 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¥13.57 Billion ≈ $1.99 Billion USD) and total liabilities (CN¥5.89 Billion ≈ $862.49 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 300136 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.68 Billion |
| % of Total Assets | 56.57% |
| Annual Growth Rate | 46.39% |
| 5-Year Change | 31.81% |
| 10-Year Change | 427.97% |
| Growth Volatility | 155.54 |
Shenzhen Sunway Communication - Net Assets Trend (2007–2024)
This chart illustrates how Shenzhen Sunway Communication's net assets have evolved over time, based on quarterly financial data. Also explore 300136 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Sunway Communication (2007–2024)
The table below shows the annual net assets of Shenzhen Sunway Communication from 2007 to 2024. For live valuation and market cap data, see Shenzhen Sunway Communication market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.34 Billion ≈ $1.07 Billion |
+3.48% |
| 2023-12-31 | CN¥7.09 Billion ≈ $1.04 Billion |
+6.59% |
| 2022-12-31 | CN¥6.65 Billion ≈ $973.43 Million |
+10.32% |
| 2021-12-31 | CN¥6.03 Billion ≈ $882.36 Million |
+8.31% |
| 2020-12-31 | CN¥5.57 Billion ≈ $814.63 Million |
+22.96% |
| 2019-12-31 | CN¥4.53 Billion ≈ $662.52 Million |
+22.20% |
| 2018-12-31 | CN¥3.70 Billion ≈ $542.16 Million |
+33.26% |
| 2017-12-31 | CN¥2.78 Billion ≈ $406.85 Million |
+42.48% |
| 2016-12-31 | CN¥1.95 Billion ≈ $285.54 Million |
+40.40% |
| 2015-12-31 | CN¥1.39 Billion ≈ $203.38 Million |
+106.54% |
| 2014-12-31 | CN¥672.91 Million ≈ $98.47 Million |
+7.25% |
| 2013-12-31 | CN¥627.43 Million ≈ $91.81 Million |
-5.07% |
| 2012-12-31 | CN¥660.96 Million ≈ $96.72 Million |
-2.04% |
| 2011-12-31 | CN¥674.71 Million ≈ $98.73 Million |
+8.95% |
| 2010-12-31 | CN¥619.26 Million ≈ $90.62 Million |
+661.04% |
| 2009-12-31 | CN¥81.37 Million ≈ $11.91 Million |
+174.40% |
| 2008-12-31 | CN¥29.65 Million ≈ $4.34 Million |
+163.35% |
| 2007-12-31 | CN¥11.26 Million ≈ $1.65 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Sunway Communication'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 522582.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.93 Billion | 81.10% |
| Common Stock | CN¥967.57 Million | 13.24% |
| Other Comprehensive Income | CN¥387.87 Million | 5.31% |
| Other Components | CN¥25.80 Million | 0.35% |
| Total Equity | CN¥7.31 Billion | 100.00% |
Shenzhen Sunway Communication Competitors by Market Cap
The table below lists competitors of Shenzhen Sunway Communication ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ares Capital Corporation
NASDAQ:ARCC
|
$12.93 Billion |
|
Pentair PLC
NYSE:PNR
|
$12.94 Billion |
|
IGM Financial Inc.
TO:IGM
|
$12.95 Billion |
|
Fidelity National Financial Inc
NYSE:FNF
|
$12.96 Billion |
|
IPSEN SA SP.ADR 1/4/ EO 1
F:I7G0
|
$12.92 Billion |
|
Tradeweb Markets Inc
NASDAQ:TW
|
$12.92 Billion |
|
BB Seguridade Participacoes SA
SA:BBSE3
|
$12.90 Billion |
|
Meritz Financi
KO:138040
|
$12.89 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Sunway Communication's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,029,589,379 to 7,309,002,684, a change of 279,413,305 (4.0%).
- Net income of 661,605,546 contributed positively to equity growth.
- Dividend payments of 149,166,168 reduced retained earnings.
- Share repurchases of 268,039,396 reduced equity.
- Other comprehensive income increased equity by 385,628,719.
- Other factors decreased equity by 350,615,396.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥661.61 Million | +9.05% |
| Dividends Paid | CN¥149.17 Million | -2.04% |
| Share Repurchases | CN¥268.04 Million | -3.67% |
| Other Comprehensive Income | CN¥385.63 Million | +5.28% |
| Other Changes | CN¥-350.62 Million | -4.8% |
| Total Change | CN¥- | 3.97% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Sunway Communication'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: 12.04x
- 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 4566.16x to 12.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.02 | CN¥91.30 | x |
| 2008-12-31 | CN¥0.05 | CN¥91.30 | x |
| 2009-12-31 | CN¥0.14 | CN¥91.30 | x |
| 2010-12-31 | CN¥0.92 | CN¥91.30 | x |
| 2011-12-31 | CN¥0.79 | CN¥91.30 | x |
| 2012-12-31 | CN¥0.77 | CN¥91.30 | x |
| 2013-12-31 | CN¥0.72 | CN¥91.30 | x |
| 2014-12-31 | CN¥0.77 | CN¥91.30 | x |
| 2015-12-31 | CN¥1.54 | CN¥91.30 | x |
| 2016-12-31 | CN¥2.01 | CN¥91.30 | x |
| 2017-12-31 | CN¥2.82 | CN¥91.30 | x |
| 2018-12-31 | CN¥3.75 | CN¥91.30 | x |
| 2019-12-31 | CN¥4.65 | CN¥91.30 | x |
| 2020-12-31 | CN¥5.70 | CN¥91.30 | x |
| 2021-12-31 | CN¥6.19 | CN¥91.30 | x |
| 2022-12-31 | CN¥6.80 | CN¥91.30 | x |
| 2023-12-31 | CN¥7.27 | CN¥91.30 | x |
| 2024-12-31 | CN¥7.58 | CN¥91.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Sunway Communication 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): 9.05%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.57%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.83x
- Recent ROE (9.05%) is below the historical average (18.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 30.48% | 19.99% | 0.67x | 2.29x | CN¥2.31 Million |
| 2008 | 62.03% | 32.11% | 1.22x | 1.58x | CN¥15.43 Million |
| 2009 | 40.45% | 34.64% | 0.82x | 1.42x | CN¥24.78 Million |
| 2010 | 7.78% | 34.39% | 0.22x | 1.03x | CN¥-13.74 Million |
| 2011 | 11.18% | 46.90% | 0.23x | 1.05x | CN¥7.98 Million |
| 2012 | 0.92% | 2.82% | 0.26x | 1.25x | CN¥-60.00 Million |
| 2013 | -10.46% | -18.62% | 0.44x | 1.27x | CN¥-128.36 Million |
| 2014 | 9.38% | 7.81% | 0.77x | 1.56x | CN¥-4.20 Million |
| 2015 | 15.93% | 17.03% | 0.67x | 1.40x | CN¥82.38 Million |
| 2016 | 27.64% | 22.03% | 0.76x | 1.64x | CN¥339.26 Million |
| 2017 | 32.22% | 25.88% | 0.64x | 1.93x | CN¥613.10 Million |
| 2018 | 26.83% | 20.99% | 0.65x | 1.96x | CN¥619.60 Million |
| 2019 | 22.76% | 19.87% | 0.63x | 1.82x | CN¥571.73 Million |
| 2020 | 17.60% | 15.21% | 0.57x | 2.03x | CN¥419.98 Million |
| 2021 | 8.45% | 6.66% | 0.63x | 2.03x | CN¥-92.45 Million |
| 2022 | 9.86% | 7.55% | 0.70x | 1.86x | CN¥-9.51 Million |
| 2023 | 7.42% | 6.91% | 0.59x | 1.83x | CN¥-181.56 Million |
| 2024 | 9.05% | 7.57% | 0.65x | 1.83x | CN¥-69.29 Million |
Industry Comparison
This section compares Shenzhen Sunway Communication's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $22,382,753,510
- Average return on equity (ROE) among peers: 9.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Sunway Communication (300136) | CN¥7.68 Billion | 30.48% | 0.77x | $12.93 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $268.05 Million | 14.99% | 0.70x | $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) | $2.04 Billion | 1.99% | 1.09x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $71.78 Million | 14.95% | 2.27x | $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) | $5.47 Billion | 2.55% | 1.92x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $202.05 Billion | 3.73% | 1.08x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $969.90 Million | 7.97% | 0.47x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $1.20 Billion | 11.77% | 0.91x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $2.83 Billion | 11.00% | 0.55x | $4.88 Billion |
About Shenzhen Sunway Communication
Shenzhen Sunway Communication Co., Ltd. engages in the research, development, manufacture, and sale of antennas and modules, wireless charging modules and related products, EMI\EMC devices, precision connectors, and acoustic devices in China and internationally. The company offers RF connectivity products, such as antennas, transmission lines, spring contacts, and connectivity modules; wireless c… Read more