Sunway Co Ltd (603333) - Net Assets
Based on the latest financial reports, Sunway Co Ltd (603333) has net assets worth CN¥2.06 Billion CNY (≈ $301.67 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¥2.86 Billion ≈ $418.30 Million USD) and total liabilities (CN¥797.05 Million ≈ $116.63 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 Sunway Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.06 Billion |
| % of Total Assets | 72.12% |
| Annual Growth Rate | 12.07% |
| 5-Year Change | 35.4% |
| 10-Year Change | 41.04% |
| Growth Volatility | 29.68 |
Sunway Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Sunway Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 603333 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Sunway Co Ltd (2008–2024)
The table below shows the annual net assets of Sunway Co Ltd from 2008 to 2024. For live valuation and market cap data, see 603333 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.09 Billion ≈ $305.55 Million |
-2.13% |
| 2023-12-31 | CN¥2.13 Billion ≈ $312.19 Million |
+1.22% |
| 2022-12-31 | CN¥2.11 Billion ≈ $308.43 Million |
+1.38% |
| 2021-12-31 | CN¥2.08 Billion ≈ $304.22 Million |
+34.81% |
| 2020-12-31 | CN¥1.54 Billion ≈ $225.67 Million |
+0.16% |
| 2019-12-31 | CN¥1.54 Billion ≈ $225.32 Million |
+8.78% |
| 2018-12-31 | CN¥1.42 Billion ≈ $207.13 Million |
-0.31% |
| 2017-12-31 | CN¥1.42 Billion ≈ $207.76 Million |
+1.20% |
| 2016-12-31 | CN¥1.40 Billion ≈ $205.29 Million |
-5.24% |
| 2015-12-31 | CN¥1.48 Billion ≈ $216.64 Million |
+0.22% |
| 2014-12-31 | CN¥1.48 Billion ≈ $216.16 Million |
-4.60% |
| 2013-12-31 | CN¥1.55 Billion ≈ $226.59 Million |
-1.18% |
| 2012-12-31 | CN¥1.57 Billion ≈ $229.29 Million |
+117.04% |
| 2011-12-31 | CN¥721.95 Million ≈ $105.64 Million |
+22.55% |
| 2010-12-31 | CN¥589.13 Million ≈ $86.21 Million |
+35.20% |
| 2009-12-31 | CN¥435.75 Million ≈ $63.76 Million |
+29.20% |
| 2008-12-31 | CN¥337.28 Million ≈ $49.35 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sunway 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 grown by 948.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥338.81 Million | 16.21% |
| Common Stock | CN¥621.53 Million | 29.74% |
| Other Comprehensive Income | CN¥75.49 Million | 3.61% |
| Other Components | CN¥1.05 Billion | 50.44% |
| Total Equity | CN¥2.09 Billion | 100.00% |
Sunway Co Ltd Competitors by Market Cap
The table below lists competitors of Sunway Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EST Tools Co Ltd
SHE:300488
|
$777.64 Million |
|
MI Technovation Bhd
KLSE:5286
|
$777.64 Million |
|
Pony Testing International Group Co
SHE:300887
|
$777.82 Million |
|
Ningxia Xinri Hengli Steel Wire Rope Co Ltd
SHG:600165
|
$777.94 Million |
|
Oil-Dri Corporation Of America
NYSE:ODC
|
$777.57 Million |
|
MRV Engenharia e Participações S.A
SA:MRVE3
|
$777.47 Million |
|
Lander Sports Development Co Ltd
SHE:000558
|
$777.25 Million |
|
SERVICE STREAM LTD
F:UFY
|
$777.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunway Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,134,869,813 to 2,089,852,061, a change of -45,017,752 (-2.1%).
- Net income of 16,342,900 contributed positively to equity growth.
- Dividend payments of 28,398,331 reduced retained earnings.
- Share repurchases of 55,539,511 reduced equity.
- Other comprehensive income increased equity by 73,256,653.
- Other factors decreased equity by 50,679,463.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥16.34 Million | +0.78% |
| Dividends Paid | CN¥28.40 Million | -1.36% |
| Share Repurchases | CN¥55.54 Million | -2.66% |
| Other Comprehensive Income | CN¥73.26 Million | +3.51% |
| Other Changes | CN¥-50.68 Million | -2.43% |
| Total Change | CN¥- | -2.11% |
Book Value vs Market Value Analysis
This analysis compares Sunway 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: 2.23x
- 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 9.49x to 2.23x 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¥0.90 | CN¥8.55 | x |
| 2009-12-31 | CN¥1.15 | CN¥8.55 | x |
| 2010-12-31 | CN¥1.57 | CN¥8.55 | x |
| 2011-12-31 | CN¥1.85 | CN¥8.55 | x |
| 2012-12-31 | CN¥3.40 | CN¥8.55 | x |
| 2013-12-31 | CN¥2.39 | CN¥8.55 | x |
| 2014-12-31 | CN¥2.78 | CN¥8.55 | x |
| 2015-12-31 | CN¥2.64 | CN¥8.55 | x |
| 2016-12-31 | CN¥2.71 | CN¥8.55 | x |
| 2017-12-31 | CN¥2.52 | CN¥8.55 | x |
| 2018-12-31 | CN¥2.69 | CN¥8.55 | x |
| 2019-12-31 | CN¥2.98 | CN¥8.55 | x |
| 2020-12-31 | CN¥2.97 | CN¥8.55 | x |
| 2021-12-31 | CN¥3.34 | CN¥8.55 | x |
| 2022-12-31 | CN¥3.39 | CN¥8.55 | x |
| 2023-12-31 | CN¥3.13 | CN¥8.55 | x |
| 2024-12-31 | CN¥3.84 | CN¥8.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunway 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): 0.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.94%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.47x
- Recent ROE (0.78%) is below the historical average (5.42%), 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 | 23.68% | 9.37% | 1.10x | 2.30x | CN¥46.14 Million |
| 2009 | 22.60% | 10.74% | 0.92x | 2.29x | CN¥54.89 Million |
| 2010 | 17.82% | 8.81% | 0.80x | 2.51x | CN¥46.04 Million |
| 2011 | 18.40% | 9.98% | 0.79x | 2.34x | CN¥60.63 Million |
| 2012 | 5.30% | 7.20% | 0.48x | 1.55x | CN¥-73.64 Million |
| 2013 | 0.42% | 0.66% | 0.49x | 1.31x | CN¥-148.38 Million |
| 2014 | -4.68% | -11.40% | 0.35x | 1.16x | CN¥-216.92 Million |
| 2015 | 0.22% | 0.53% | 0.36x | 1.19x | CN¥-144.75 Million |
| 2016 | -5.53% | -13.89% | 0.33x | 1.19x | CN¥-217.88 Million |
| 2017 | 1.19% | 1.85% | 0.51x | 1.27x | CN¥-125.10 Million |
| 2018 | 4.10% | 3.68% | 0.70x | 1.59x | CN¥-83.57 Million |
| 2019 | 6.77% | 5.10% | 0.69x | 1.92x | CN¥-49.50 Million |
| 2020 | 1.08% | 0.81% | 0.64x | 2.08x | CN¥-136.95 Million |
| 2021 | -1.84% | -1.63% | 0.62x | 1.82x | CN¥-246.19 Million |
| 2022 | 0.87% | 0.91% | 0.57x | 1.69x | CN¥-192.60 Million |
| 2023 | 0.96% | 0.93% | 0.66x | 1.57x | CN¥-193.04 Million |
| 2024 | 0.78% | 0.94% | 0.57x | 1.47x | CN¥-192.64 Million |
Industry Comparison
This section compares Sunway 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: $2,542,980,118
- Average return on equity (ROE) among peers: 6.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunway Co Ltd (603333) | CN¥2.06 Billion | 23.68% | 0.39x | $777.61 Million |
| XJ Electric Co Ltd (000400) | $1.49 Billion | 11.47% | 0.73x | $3.86 Billion |
| Guangdong Macro Co Ltd (000533) | $598.74 Million | 0.58% | 4.38x | $1.35 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.84 Billion | 10.28% | 0.11x | $1.03 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.27 Billion | 0.84% | 0.19x | $2.58 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.05 Billion | -0.83% | 4.35x | $864.19 Million |
| Huagong Tech Co Ltd (000988) | $7.43 Billion | 10.24% | 0.87x | $18.42 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.82 Billion |
| Sieyuan Electric Co Ltd (002028) | $8.60 Billion | 13.93% | 0.62x | $23.55 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $175.70 Million | 4.41% | 0.38x | $525.19 Million |
| Gotion High tech Co Ltd (002074) | $497.13 Million | 7.34% | 0.88x | $10.24 Billion |
About Sunway Co Ltd
Sunway Co., Ltd. engages in the research and development, production, sale, and service of cable products in China. The company offers concentric standard round wire overhead and AAAC covered conductors; and prefabricated branch, rubber-sheathed, radio frequency, control, PVC insulated, XLPE insulated power, computer, power, compensating, transducer, flat, and low voltage aerial bundled cables. I… Read more