Sinosun Tech (300333) - Net Assets
Based on the latest financial reports, Sinosun Tech (300333) has net assets worth CN¥590.29 Million CNY (≈ $86.38 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¥606.08 Million ≈ $88.69 Million USD) and total liabilities (CN¥15.79 Million ≈ $2.31 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 300333 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥590.29 Million |
| % of Total Assets | 97.39% |
| Annual Growth Rate | 11.39% |
| 5-Year Change | -27.0% |
| 10-Year Change | -30.58% |
| Growth Volatility | 66.16 |
Sinosun Tech - Net Assets Trend (2009–2024)
This chart illustrates how Sinosun Tech's net assets have evolved over time, based on quarterly financial data. Also explore Sinosun Tech total assets for the complete picture of this company's asset base.
Annual Net Assets for Sinosun Tech (2009–2024)
The table below shows the annual net assets of Sinosun Tech from 2009 to 2024. For live valuation and market cap data, see 300333 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥589.84 Million ≈ $86.31 Million |
-7.84% |
| 2023-12-31 | CN¥640.02 Million ≈ $93.65 Million |
-9.43% |
| 2022-12-31 | CN¥706.64 Million ≈ $103.40 Million |
-15.80% |
| 2021-12-31 | CN¥839.28 Million ≈ $122.81 Million |
+3.88% |
| 2020-12-31 | CN¥807.95 Million ≈ $118.23 Million |
-5.20% |
| 2019-12-31 | CN¥852.25 Million ≈ $124.71 Million |
+2.41% |
| 2018-12-31 | CN¥832.20 Million ≈ $121.78 Million |
-3.24% |
| 2017-12-31 | CN¥860.06 Million ≈ $125.85 Million |
+0.46% |
| 2016-12-31 | CN¥856.13 Million ≈ $125.28 Million |
+0.77% |
| 2015-12-31 | CN¥849.62 Million ≈ $124.33 Million |
+3.74% |
| 2014-12-31 | CN¥819.00 Million ≈ $119.85 Million |
+1.64% |
| 2013-12-31 | CN¥805.76 Million ≈ $117.91 Million |
-0.61% |
| 2012-12-31 | CN¥810.72 Million ≈ $118.63 Million |
+260.77% |
| 2011-12-31 | CN¥224.72 Million ≈ $32.88 Million |
+55.29% |
| 2010-12-31 | CN¥144.71 Million ≈ $21.18 Million |
+23.78% |
| 2009-12-31 | CN¥116.91 Million ≈ $17.11 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sinosun 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 decreased by 917.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥336.00 Million | 57.30% |
| Other Comprehensive Income | CN¥34.83 Million | 5.94% |
| Other Components | CN¥387.85 Million | 66.14% |
| Total Equity | CN¥586.43 Million | 100.00% |
Sinosun Tech Competitors by Market Cap
The table below lists competitors of Sinosun Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nextensa NV
BR:NEXTA
|
$455.79 Million |
|
Orange County Bancorp Inc
NASDAQ:OBT
|
$455.81 Million |
|
Symtek Automation Asia Co Ltd
TW:6438
|
$455.83 Million |
|
Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd
SHE:300967
|
$455.90 Million |
|
Shifeng Cultural Development Co Ltd
SHE:002862
|
$455.54 Million |
|
Ibersol SGPS
LS:IBS
|
$455.49 Million |
|
Kenmec Mechanical Engineering Co Ltd
TWO:6125
|
$455.34 Million |
|
ARTRYA Ltd
AU:AYA
|
$455.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinosun Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 634,544,960 to 586,427,971, a change of -48,116,989 (-7.6%).
- Net loss of 48,116,988 reduced equity.
- Other comprehensive income increased equity by 34,827,796.
- Other factors decreased equity by 34,827,797.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-48.12 Million | -8.21% |
| Other Comprehensive Income | CN¥34.83 Million | +5.94% |
| Other Changes | CN¥-34.83 Million | -5.94% |
| Total Change | CN¥- | -7.58% |
Book Value vs Market Value Analysis
This analysis compares Sinosun 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: 5.31x
- 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 21.85x to 5.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.42 | CN¥9.27 | x |
| 2010-12-31 | CN¥0.56 | CN¥9.27 | x |
| 2011-12-31 | CN¥0.88 | CN¥9.27 | x |
| 2012-12-31 | CN¥2.74 | CN¥9.27 | x |
| 2013-12-31 | CN¥2.36 | CN¥9.27 | x |
| 2014-12-31 | CN¥2.42 | CN¥9.27 | x |
| 2015-12-31 | CN¥2.51 | CN¥9.27 | x |
| 2016-12-31 | CN¥2.54 | CN¥9.27 | x |
| 2017-12-31 | CN¥2.55 | CN¥9.27 | x |
| 2018-12-31 | CN¥2.46 | CN¥9.27 | x |
| 2019-12-31 | CN¥2.51 | CN¥9.27 | x |
| 2020-12-31 | CN¥2.39 | CN¥9.27 | x |
| 2021-12-31 | CN¥2.47 | CN¥9.27 | x |
| 2022-12-31 | CN¥2.09 | CN¥9.27 | x |
| 2023-12-31 | CN¥1.89 | CN¥9.27 | x |
| 2024-12-31 | CN¥1.75 | CN¥9.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinosun 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): -8.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -37.58%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.04x
- Recent ROE (-8.21%) is below the historical average (5.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 20.43% | 35.00% | 0.49x | 1.20x | CN¥11.12 Million |
| 2010 | 29.83% | 34.02% | 0.76x | 1.15x | CN¥27.73 Million |
| 2011 | 36.99% | 39.86% | 0.84x | 1.10x | CN¥59.89 Million |
| 2012 | 9.85% | 34.27% | 0.28x | 1.04x | CN¥-1.20 Million |
| 2013 | 6.36% | 26.75% | 0.23x | 1.04x | CN¥-29.09 Million |
| 2014 | 4.55% | 20.51% | 0.21x | 1.05x | CN¥-44.39 Million |
| 2015 | 4.93% | 20.80% | 0.22x | 1.05x | CN¥-42.83 Million |
| 2016 | 2.24% | 9.97% | 0.21x | 1.05x | CN¥-66.00 Million |
| 2017 | 2.22% | 8.20% | 0.26x | 1.04x | CN¥-66.55 Million |
| 2018 | 1.48% | 5.66% | 0.24x | 1.08x | CN¥-70.46 Million |
| 2019 | 4.07% | 14.33% | 0.27x | 1.05x | CN¥-50.08 Million |
| 2020 | -2.49% | -9.37% | 0.25x | 1.08x | CN¥-100.45 Million |
| 2021 | 3.20% | 13.27% | 0.23x | 1.06x | CN¥-56.49 Million |
| 2022 | -18.15% | -89.61% | 0.20x | 1.04x | CN¥-197.93 Million |
| 2023 | -10.81% | -47.44% | 0.22x | 1.04x | CN¥-132.03 Million |
| 2024 | -8.21% | -37.58% | 0.21x | 1.04x | CN¥-106.76 Million |
Industry Comparison
This section compares Sinosun Tech's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $792,422,266
- Average return on equity (ROE) among peers: -15.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinosun Tech (300333) | CN¥590.29 Million | 20.43% | 0.03x | $455.78 Million |
| Zhejiang Dahua Technology Co Ltd (002236) | $1.51 Billion | 24.95% | 0.50x | $8.89 Billion |
| Shenzhen Infinova Ltd (002528) | $391.37 Million | -197.97% | 6.50x | $843.69 Million |
| Shenzhen TVT Digital Technology Co Ltd (002835) | $648.23 Million | 0.61% | 0.32x | $497.52 Million |
| Jade Bird Fire Alarm (002960) | $1.48 Billion | 23.19% | 0.47x | $1.55 Billion |
| Beijing Telesound Electronics Co Ltd (003004) | $97.29 Million | 25.80% | 0.99x | $396.51 Million |
| Hangzhou Century Co Ltd (300078) | $588.86 Million | -85.17% | 2.72x | $637.96 Million |
| Guangdong Anjubao Digital Tech (300155) | $1.26 Billion | 5.70% | 0.28x | $410.63 Million |
| Xiamen Meiya Pico Information (300188) | $850.91 Million | 6.61% | 0.23x | $1.57 Billion |
| Joyware Electronics Co Ltd (300270) | $1.03 Billion | -3.08% | 0.45x | $591.98 Million |
| Chongqing Mas Sci&Tech (300275) | $58.16 Million | 43.75% | 0.66x | $513.36 Million |
About Sinosun Tech
SinoSun Technology Co. Ltd. engages in the research, development, and sales of corporate mobile service platforms, payment security products, and paper texture anti-counterfeiting technology in the field of financial technology. The company was founded in 2003 and is headquartered in Shenzhen, China.