Suntront Tech
Suntront Technology Co., Ltd. develops, manufactures, and sells smart meters in China. The company offers smart water, gas, heat, and energy meters; and remote devices and other products. It also provides prepayment, automatic meter reading, and technique-related solutions, as well as smart management software with various functions, such as file creation, account opening, daily business dealing,… Read more
Suntront Tech (300259) - Net Assets
Latest net assets as of September 2025: CN¥3.04 Billion CNY
Based on the latest financial reports, Suntront Tech (300259) has net assets worth CN¥3.04 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¥3.54 Billion) and total liabilities (CN¥502.55 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¥3.04 Billion |
| % of Total Assets | 85.82% |
| Annual Growth Rate | 29.54% |
| 5-Year Change | 12.69% |
| 10-Year Change | 231.54% |
| Growth Volatility | 89.77 |
Suntront Tech - Net Assets Trend (2008–2024)
This chart illustrates how Suntront Tech's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Suntront Tech (2008–2024)
The table below shows the annual net assets of Suntront Tech from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.93 Billion | +1.22% |
| 2023-12-31 | CN¥2.89 Billion | +0.69% |
| 2022-12-31 | CN¥2.87 Billion | +1.45% |
| 2021-12-31 | CN¥2.83 Billion | +8.99% |
| 2020-12-31 | CN¥2.60 Billion | +15.28% |
| 2019-12-31 | CN¥2.25 Billion | +13.19% |
| 2018-12-31 | CN¥1.99 Billion | +2.35% |
| 2017-12-31 | CN¥1.94 Billion | +9.32% |
| 2016-12-31 | CN¥1.78 Billion | +101.52% |
| 2015-12-31 | CN¥882.57 Million | +9.55% |
| 2014-12-31 | CN¥805.63 Million | +11.85% |
| 2013-12-31 | CN¥720.29 Million | +12.63% |
| 2012-12-31 | CN¥639.54 Million | +13.69% |
| 2011-12-31 | CN¥562.54 Million | +373.46% |
| 2010-12-31 | CN¥118.82 Million | +82.71% |
| 2009-12-31 | CN¥65.03 Million | +39.78% |
| 2008-12-31 | CN¥46.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Suntront Tech'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 6662.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.59 Billion | 54.32% |
| Common Stock | CN¥1.17 Billion | 39.98% |
| Other Comprehensive Income | CN¥238.55 Million | 8.15% |
| Total Equity | CN¥2.93 Billion | 100.00% |
Suntront Tech Competitors by Market Cap
The table below lists competitors of Suntront Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Berry Genomics Co Ltd
SHE:000710
|
$377.87 Million |
|
Custom Truck One Source Inc
NYSE:CTOS
|
$377.88 Million |
|
Beijing Comens New Materials
SHE:300200
|
$377.89 Million |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
$377.98 Million |
|
ABIVAX Société Anonyme
PINK:AAVXF
|
$377.86 Million |
|
Myson Century, Inc.
TWO:5314
|
$377.75 Million |
|
SEALSQ Corp
NASDAQ:LAES
|
$377.72 Million |
|
Longkou Union Chemical Co. Ltd. A
SHE:301209
|
$377.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suntront Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,890,873,804 to 2,926,078,630, a change of 35,204,826 (1.2%).
- Net income of 191,611,664 contributed positively to equity growth.
- Dividend payments of 102,301,050 reduced retained earnings.
- Share repurchases of 54,072,097 reduced equity.
- Other comprehensive income increased equity by 15,286,759.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥191.61 Million | +6.55% |
| Dividends Paid | CN¥102.30 Million | -3.5% |
| Share Repurchases | CN¥54.07 Million | -1.85% |
| Other Comprehensive Income | CN¥15.29 Million | +0.52% |
| Other Changes | CN¥-15.32 Million | -0.52% |
| Total Change | CN¥- | 1.22% |
Book Value vs Market Value Analysis
This analysis compares Suntront Tech'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: 1.94x
- 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 28.81x to 1.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.17 | CN¥4.98 | x |
| 2009-12-31 | CN¥0.24 | CN¥4.98 | x |
| 2010-12-31 | CN¥0.34 | CN¥4.98 | x |
| 2011-12-31 | CN¥1.33 | CN¥4.98 | x |
| 2012-12-31 | CN¥0.61 | CN¥4.98 | x |
| 2013-12-31 | CN¥0.71 | CN¥4.98 | x |
| 2014-12-31 | CN¥0.77 | CN¥4.98 | x |
| 2015-12-31 | CN¥0.85 | CN¥4.98 | x |
| 2016-12-31 | CN¥1.62 | CN¥4.98 | x |
| 2017-12-31 | CN¥1.62 | CN¥4.98 | x |
| 2018-12-31 | CN¥1.68 | CN¥4.98 | x |
| 2019-12-31 | CN¥1.87 | CN¥4.98 | x |
| 2020-12-31 | CN¥2.16 | CN¥4.98 | x |
| 2021-12-31 | CN¥2.42 | CN¥4.98 | x |
| 2022-12-31 | CN¥2.47 | CN¥4.98 | x |
| 2023-12-31 | CN¥2.50 | CN¥4.98 | x |
| 2024-12-31 | CN¥2.56 | CN¥4.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suntront Tech 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): 6.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.53%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.17x
- Recent ROE (6.55%) is below the historical average (13.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 14.61% | 8.07% | 0.84x | 2.15x | CN¥2.14 Million |
| 2009 | 27.69% | 16.08% | 1.03x | 1.68x | CN¥11.51 Million |
| 2010 | 33.15% | 23.55% | 0.94x | 1.50x | CN¥27.51 Million |
| 2011 | 10.03% | 23.92% | 0.37x | 1.14x | CN¥152.38K |
| 2012 | 13.06% | 28.12% | 0.39x | 1.19x | CN¥19.18 Million |
| 2013 | 14.77% | 32.34% | 0.39x | 1.18x | CN¥34.20 Million |
| 2014 | 13.00% | 27.37% | 0.39x | 1.20x | CN¥23.99 Million |
| 2015 | 9.05% | 20.90% | 0.37x | 1.17x | CN¥-8.33 Million |
| 2016 | 6.16% | 20.81% | 0.25x | 1.20x | CN¥-65.69 Million |
| 2017 | 8.67% | 21.61% | 0.32x | 1.24x | CN¥-24.79 Million |
| 2018 | 7.72% | 17.43% | 0.35x | 1.28x | CN¥-43.93 Million |
| 2019 | 12.51% | 23.15% | 0.42x | 1.28x | CN¥54.81 Million |
| 2020 | 15.03% | 31.75% | 0.38x | 1.25x | CN¥126.88 Million |
| 2021 | 14.61% | 34.65% | 0.35x | 1.19x | CN¥130.45 Million |
| 2022 | 8.56% | 21.92% | 0.33x | 1.20x | CN¥-41.26 Million |
| 2023 | 7.40% | 19.70% | 0.32x | 1.18x | CN¥-75.03 Million |
| 2024 | 6.55% | 21.53% | 0.26x | 1.17x | CN¥-101.00 Million |
Industry Comparison
This section compares Suntront Tech's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suntront Tech (300259) | CN¥3.04 Billion | 14.61% | 0.17x | $377.86 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |