Sunfly Intelligent Technology Co Ltd (300423) - Net Assets
Based on the latest financial reports, Sunfly Intelligent Technology Co Ltd (300423) has net assets worth CN¥1.34 Billion CNY (≈ $196.42 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¥2.71 Billion ≈ $396.48 Million USD) and total liabilities (CN¥1.37 Billion ≈ $200.06 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 Sunfly Intelligent Technology Co Ltd (300423) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.34 Billion |
| % of Total Assets | 49.54% |
| Annual Growth Rate | 21.68% |
| 5-Year Change | -66.8% |
| 10-Year Change | 204.51% |
| Growth Volatility | 133.05 |
Sunfly Intelligent Technology Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Sunfly Intelligent Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Sunfly Intelligent Technology Co Ltd (300423) total assets for the complete picture of this company's asset base.
Annual Net Assets for Sunfly Intelligent Technology Co Ltd (2011–2024)
The table below shows the annual net assets of Sunfly Intelligent Technology Co Ltd from 2011 to 2024. For live valuation and market cap data, see 300423 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.34 Billion ≈ $196.18 Million |
-8.28% |
| 2023-12-31 | CN¥1.46 Billion ≈ $213.89 Million |
-54.15% |
| 2022-12-31 | CN¥3.19 Billion ≈ $466.52 Million |
-23.82% |
| 2021-12-31 | CN¥4.18 Billion ≈ $612.37 Million |
+3.64% |
| 2020-12-31 | CN¥4.04 Billion ≈ $590.89 Million |
+16.56% |
| 2019-12-31 | CN¥3.46 Billion ≈ $506.95 Million |
+20.13% |
| 2018-12-31 | CN¥2.88 Billion ≈ $421.99 Million |
+494.53% |
| 2017-12-31 | CN¥485.06 Million ≈ $70.98 Million |
+5.98% |
| 2016-12-31 | CN¥457.69 Million ≈ $66.97 Million |
+3.96% |
| 2015-12-31 | CN¥440.27 Million ≈ $64.43 Million |
+104.93% |
| 2014-12-31 | CN¥214.84 Million ≈ $31.44 Million |
+24.89% |
| 2013-12-31 | CN¥172.02 Million ≈ $25.17 Million |
+23.76% |
| 2012-12-31 | CN¥138.99 Million ≈ $20.34 Million |
+33.01% |
| 2011-12-31 | CN¥104.49 Million ≈ $15.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sunfly Intelligent Technology 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 decreased by 4375.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥497.51 Million | 36.96% |
| Other Comprehensive Income | CN¥105.70 Million | 7.85% |
| Other Components | CN¥1.82 Billion | 135.22% |
| Total Equity | CN¥1.35 Billion | 100.00% |
Sunfly Intelligent Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Sunfly Intelligent Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qt Group Oyj
HE:QTCOM
|
$570.25 Million |
|
Sunflag Iron And Steel Company Limited
NSE:SUNFLAG
|
$570.30 Million |
|
Taekwang Ind
KO:003240
|
$570.36 Million |
|
Hume Industries Berhad
KLSE:5000
|
$570.58 Million |
|
Ibotta, Inc.
NYSE:IBTA
|
$569.94 Million |
|
Marcopolo S.A
SA:POMO3
|
$569.83 Million |
|
Turvo International Co Ltd
TW:2233
|
$569.82 Million |
|
Ari Real Estate Arena Investment Ltd
TA:ARIN
|
$569.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunfly Intelligent Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,460,811,330 to 1,346,164,224, a change of -114,647,106 (-7.8%).
- Net loss of 119,967,933 reduced equity.
- Dividend payments of 6,795,868 reduced retained earnings.
- Other comprehensive income increased equity by 11,126,175.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-119.97 Million | -8.91% |
| Dividends Paid | CN¥6.80 Million | -0.5% |
| Other Comprehensive Income | CN¥11.13 Million | +0.83% |
| Other Changes | CN¥990.52K | +0.07% |
| Total Change | CN¥- | -7.85% |
Book Value vs Market Value Analysis
This analysis compares Sunfly Intelligent Technology 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: 2.91x
- 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 17.21x to 2.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.45 | CN¥7.83 | x |
| 2012-12-31 | CN¥0.61 | CN¥7.83 | x |
| 2013-12-31 | CN¥0.73 | CN¥7.83 | x |
| 2014-12-31 | CN¥1.00 | CN¥7.83 | x |
| 2015-12-31 | CN¥1.91 | CN¥7.83 | x |
| 2016-12-31 | CN¥1.56 | CN¥7.83 | x |
| 2017-12-31 | CN¥1.65 | CN¥7.83 | x |
| 2018-12-31 | CN¥6.14 | CN¥7.83 | x |
| 2019-12-31 | CN¥7.07 | CN¥7.83 | x |
| 2020-12-31 | CN¥8.24 | CN¥7.83 | x |
| 2021-12-31 | CN¥8.48 | CN¥7.83 | x |
| 2022-12-31 | CN¥6.40 | CN¥7.83 | x |
| 2023-12-31 | CN¥2.94 | CN¥7.83 | x |
| 2024-12-31 | CN¥2.69 | CN¥7.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunfly Intelligent Technology 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): -8.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.24%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.11x
- Recent ROE (-8.91%) is below the historical average (0.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 27.36% | 12.79% | 0.92x | 2.33x | CN¥18.14 Million |
| 2012 | 24.82% | 12.50% | 0.86x | 2.32x | CN¥20.60 Million |
| 2013 | 19.20% | 12.54% | 0.63x | 2.44x | CN¥15.83 Million |
| 2014 | 19.93% | 14.08% | 0.64x | 2.21x | CN¥21.34 Million |
| 2015 | 10.00% | 14.01% | 0.54x | 1.33x | CN¥-20.01K |
| 2016 | 5.41% | 10.61% | 0.38x | 1.35x | CN¥-21.00 Million |
| 2017 | 5.70% | 10.47% | 0.36x | 1.50x | CN¥-20.87 Million |
| 2018 | 15.62% | 14.86% | 0.44x | 2.38x | CN¥162.16 Million |
| 2019 | 17.12% | 15.04% | 0.50x | 2.26x | CN¥246.56 Million |
| 2020 | 14.30% | 13.77% | 0.52x | 2.00x | CN¥173.55 Million |
| 2021 | 4.99% | 7.71% | 0.35x | 1.86x | CN¥-209.59 Million |
| 2022 | -30.81% | -45.72% | 0.37x | 1.80x | CN¥-1.30 Billion |
| 2023 | -116.10% | -85.30% | 0.61x | 2.24x | CN¥-1.84 Billion |
| 2024 | -8.91% | -8.24% | 0.51x | 2.11x | CN¥-254.58 Million |
Industry Comparison
This section compares Sunfly Intelligent Technology Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,126,582,124
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunfly Intelligent Technology Co Ltd (300423) | CN¥1.34 Billion | 27.36% | 1.02x | $570.04 Million |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Sunfly Intelligent Technology Co Ltd
Sunfly Intelligent Technology Co., LTD engages in the research and development, production, and sale of electrical equipment in China. It offers electrical equipment sets, such as industrial electrical equipment is mainly used in petroleum, petrochemical, electric power, metallurgy, papermaking, medicine, rail transit, environmental protection, information technology services, and other fields; a… Read more