Suzhou Sonavox Electronics Co. Ltd. A
Suzhou SONAVOX Electronics Co.,Ltd. engages in loudspeaker manufacturing worldwide. It offers woofer, tweeter, midrange, and subwoofer loudspeakers; amplifiers; acoustic vehicle alerting systems; and services in the design of complete sound systems. The company was founded in 1975 and is headquartered in Suzhou, China.
Suzhou Sonavox Electronics Co. Ltd. A (688533) - Net Assets
Latest net assets as of September 2025: CN¥1.69 Billion CNY
Based on the latest financial reports, Suzhou Sonavox Electronics Co. Ltd. A (688533) has net assets worth CN¥1.69 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¥3.39 Billion) and total liabilities (CN¥1.70 Billion). 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¥1.69 Billion |
| % of Total Assets | 49.87% |
| Annual Growth Rate | 18.37% |
| 5-Year Change | 123.91% |
| 10-Year Change | N/A |
| Growth Volatility | 12.29 |
Suzhou Sonavox Electronics Co. Ltd. A - Net Assets Trend (2017–2024)
This chart illustrates how Suzhou Sonavox Electronics Co. Ltd. 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 Suzhou Sonavox Electronics Co. Ltd. A (2017–2024)
The table below shows the annual net assets of Suzhou Sonavox Electronics Co. Ltd. A from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.60 Billion | +22.64% |
| 2023-12-31 | CN¥1.30 Billion | +18.27% |
| 2022-12-31 | CN¥1.10 Billion | +7.06% |
| 2021-12-31 | CN¥1.03 Billion | +44.20% |
| 2020-12-31 | CN¥714.64 Million | +3.93% |
| 2019-12-31 | CN¥687.63 Million | +14.07% |
| 2018-12-31 | CN¥602.83 Million | +22.68% |
| 2017-12-31 | CN¥491.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Suzhou Sonavox Electronics Co. Ltd. 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 60146889138.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥505.69 Million | 31.78% |
| Common Stock | CN¥162.85 Million | 10.24% |
| Other Comprehensive Income | CN¥121.98 Million | 7.67% |
| Other Components | CN¥800.54 Million | 50.31% |
| Total Equity | CN¥1.59 Billion | 100.00% |
Suzhou Sonavox Electronics Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Suzhou Sonavox Electronics Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SimilarWeb Ltd
NYSE:SMWB
|
$143.15 Million |
|
Emeco Holdings Limited
PINK:EOHDF
|
$143.24 Million |
|
Wonderla Holidays Limited
NSE:WONDERLA
|
$143.26 Million |
|
Cellink AB (publ)
PINK:CLLKF
|
$143.27 Million |
|
NeoVolta Inc. Common Stock
NASDAQ:NEOV
|
$143.05 Million |
|
Elringklinger AG NA O.N.
LSE:0MG5
|
$143.01 Million |
|
Chengdu Shengbang Seals Co.Ltd.
SHE:301233
|
$143.00 Million |
|
Xinjiang East Universe Group Gas Co Ltd
SHG:603706
|
$142.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Sonavox Electronics Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,300,952,088 to 1,591,059,510, a change of 290,107,422 (22.3%).
- Net income of 236,200,300 contributed positively to equity growth.
- Dividend payments of 65,176,333 reduced retained earnings.
- Other comprehensive income increased equity by 16,258,154.
- Other factors increased equity by 102,825,301.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥236.20 Million | +14.85% |
| Dividends Paid | CN¥65.18 Million | -4.1% |
| Other Comprehensive Income | CN¥16.26 Million | +1.02% |
| Other Changes | CN¥102.83 Million | +6.46% |
| Total Change | CN¥- | 22.30% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Sonavox Electronics Co. Ltd. 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: 3.62x
- 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 7.91x to 3.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥4.09 | CN¥32.36 | x |
| 2018-12-31 | CN¥5.02 | CN¥32.36 | x |
| 2019-12-31 | CN¥4.29 | CN¥32.36 | x |
| 2020-12-31 | CN¥4.46 | CN¥32.36 | x |
| 2021-12-31 | CN¥6.43 | CN¥32.36 | x |
| 2022-12-31 | CN¥6.88 | CN¥32.36 | x |
| 2023-12-31 | CN¥8.10 | CN¥32.36 | x |
| 2024-12-31 | CN¥8.93 | CN¥32.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Sonavox Electronics Co. Ltd. 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): 14.85%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.51%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 2.09x
- Recent ROE (14.85%) is below the historical average (16.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 47.17% | 18.98% | 0.94x | 2.66x | CN¥182.69 Million |
| 2018 | 18.52% | 8.99% | 1.05x | 1.96x | CN¥51.23 Million |
| 2019 | 11.42% | 6.56% | 0.89x | 1.95x | CN¥9.73 Million |
| 2020 | 10.59% | 6.94% | 0.80x | 1.90x | CN¥4.20 Million |
| 2021 | 5.89% | 4.66% | 0.80x | 1.58x | CN¥-42.27 Million |
| 2022 | 7.91% | 4.93% | 0.79x | 2.03x | CN¥-22.98 Million |
| 2023 | 12.22% | 6.83% | 0.81x | 2.22x | CN¥28.89 Million |
| 2024 | 14.85% | 8.51% | 0.83x | 2.09x | CN¥77.09 Million |
Industry Comparison
This section compares Suzhou Sonavox Electronics Co. Ltd. A's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,572,980,621
- Average return on equity (ROE) among peers: 8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Sonavox Electronics Co. Ltd. A (688533) | CN¥1.69 Billion | 47.17% | 1.01x | $143.09 Million |
| Wanxiang Qianchao Co Ltd (000559) | $2.25 Billion | 8.11% | 1.30x | $2.51 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $15.35 Billion | 16.75% | 0.32x | $1.90 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $840.45 Million | 2.86% | 1.85x | $805.35 Million |
| Qingdao Doublestar Co Ltd (000599) | $772.99 Million | 6.94% | 1.69x | $447.80 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $169.93 Million | 0.00% | 0.80x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $926.07 Million | -5.80% | 1.58x | $632.55 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $415.84 Million | 7.91% | 0.51x | $929.41 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $230.79 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $598.28 Million | 10.29% | 1.20x | $2.06 Billion |
| Aerospace Hi-Tech Holding Group Co Ltd (000901) | $4.31 Billion | 3.73% | 0.63x | $1.62 Billion |