Sunshine Global Circuits Co Ltd Class A
Sunshine Global Circuits Co.,Ltd. engages in the research, development, manufacture, and sale of printed circuit boards (PCBs) in China. The company offers AI acceleration card, heterogeneous computing server, optical module, server solid state drive, high-voltage dc planar transformer; communication backplane, switch, active antenna, communication power brick; and probe cards, load boards, verti… Read more
Sunshine Global Circuits Co Ltd Class A (300739) - Net Assets
Latest net assets as of September 2025: CN¥2.61 Billion CNY
Based on the latest financial reports, Sunshine Global Circuits Co Ltd Class A (300739) has net assets worth CN¥2.61 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¥3.60 Billion) and total liabilities (CN¥993.02 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¥2.61 Billion |
| % of Total Assets | 72.41% |
| Annual Growth Rate | 25.24% |
| 5-Year Change | 62.0% |
| 10-Year Change | 696.8% |
| Growth Volatility | 38.11 |
Sunshine Global Circuits Co Ltd Class A - Net Assets Trend (2014–2024)
This chart illustrates how Sunshine Global Circuits 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 Sunshine Global Circuits Co Ltd Class A (2014–2024)
The table below shows the annual net assets of Sunshine Global Circuits Co Ltd Class A from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.40 Billion | +25.71% |
| 2023-12-31 | CN¥1.91 Billion | +2.45% |
| 2022-12-31 | CN¥1.87 Billion | +7.25% |
| 2021-12-31 | CN¥1.74 Billion | +17.29% |
| 2020-12-31 | CN¥1.48 Billion | +12.15% |
| 2019-12-31 | CN¥1.32 Billion | +5.57% |
| 2018-12-31 | CN¥1.25 Billion | +137.90% |
| 2017-12-31 | CN¥526.91 Million | +19.04% |
| 2016-12-31 | CN¥442.64 Million | +46.69% |
| 2015-12-31 | CN¥301.75 Million | +19.16% |
| 2014-12-31 | CN¥253.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sunshine Global Circuits 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 120.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥405.49 Million | 16.88% |
| Common Stock | CN¥343.95 Million | 14.32% |
| Other Components | CN¥1.65 Billion | 68.80% |
| Total Equity | CN¥2.40 Billion | 100.00% |
Sunshine Global Circuits Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Sunshine Global Circuits Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atrium Ljungberg AB (publ)
ST:ATRLJ-B
|
$654.34 Million |
|
Wienerberger Baustoffindustrie
PINK:WBRBY
|
$654.42 Million |
|
STORAGEVAULT CANADA INC.
F:0SV
|
$654.43 Million |
|
Finolex Cables Limited
NSE:FINCABLES
|
$654.92 Million |
|
Australian Agricultural Company Limited
PINK:AAYYY
|
$654.00 Million |
|
Jiangsu Kanion Pharmaceutical Co Ltd
SHG:600557
|
$653.92 Million |
|
R&S GROUP HOLDING AG
SW:RSGN
|
$653.61 Million |
|
Savaria Corporation
PINK:SISXF
|
$653.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunshine Global Circuits Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,909,326,245 to 2,402,405,873, a change of 493,079,628 (25.8%).
- Net income of 11,383,724 contributed positively to equity growth.
- Dividend payments of 66,310,267 reduced retained earnings.
- Share repurchases of 8,873,136 reduced equity.
- Other factors increased equity by 556,879,307.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥11.38 Million | +0.47% |
| Dividends Paid | CN¥66.31 Million | -2.76% |
| Share Repurchases | CN¥8.87 Million | -0.37% |
| Other Changes | CN¥556.88 Million | +23.18% |
| Total Change | CN¥- | 25.82% |
Book Value vs Market Value Analysis
This analysis compares Sunshine Global Circuits 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: 3.09x
- 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 28.59x to 3.09x 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¥0.91 | CN¥26.12 | x |
| 2015-12-31 | CN¥1.09 | CN¥26.12 | x |
| 2016-12-31 | CN¥2.25 | CN¥26.12 | x |
| 2017-12-31 | CN¥2.28 | CN¥26.12 | x |
| 2018-12-31 | CN¥4.55 | CN¥26.12 | x |
| 2019-12-31 | CN¥4.77 | CN¥26.12 | x |
| 2020-12-31 | CN¥5.35 | CN¥26.12 | x |
| 2021-12-31 | CN¥6.04 | CN¥26.12 | x |
| 2022-12-31 | CN¥6.25 | CN¥26.12 | x |
| 2023-12-31 | CN¥6.32 | CN¥26.12 | x |
| 2024-12-31 | CN¥8.44 | CN¥26.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunshine Global Circuits 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): 0.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.73%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.44x
- Recent ROE (0.47%) is below the historical average (12.56%), 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 | 17.84% | 8.03% | 1.12x | 1.98x | CN¥19.84 Million |
| 2015 | 19.75% | 9.42% | 0.98x | 2.14x | CN¥29.42 Million |
| 2016 | 27.82% | 15.09% | 1.01x | 1.83x | CN¥78.87 Million |
| 2017 | 22.18% | 11.09% | 1.06x | 1.88x | CN¥64.17 Million |
| 2018 | 9.67% | 10.72% | 0.65x | 1.40x | CN¥-4.09 Million |
| 2019 | 10.04% | 11.56% | 0.64x | 1.36x | CN¥583.24K |
| 2020 | 8.97% | 10.30% | 0.48x | 1.81x | CN¥-15.34 Million |
| 2021 | 6.29% | 5.91% | 0.57x | 1.86x | CN¥-64.59 Million |
| 2022 | 9.76% | 9.26% | 0.64x | 1.65x | CN¥-4.47 Million |
| 2023 | 5.38% | 6.34% | 0.47x | 1.82x | CN¥-88.24 Million |
| 2024 | 0.47% | 0.73% | 0.45x | 1.44x | CN¥-228.86 Million |
Industry Comparison
This section compares Sunshine Global Circuits 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 |
|---|---|---|---|---|
| Sunshine Global Circuits Co Ltd Class A (300739) | CN¥2.61 Billion | 17.84% | 0.38x | $654.28 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 |