Sun Race Sturmey-Archer Inc (1526) - Net Assets
Based on the latest financial reports, Sun Race Sturmey-Archer Inc (1526) has net assets worth NT$1.35 Billion TWD (≈ $42.58 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 (NT$2.31 Billion ≈ $72.85 Million USD) and total liabilities (NT$960.72 Million ≈ $30.27 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 Sun Race Sturmey-Archer Inc (1526) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$1.35 Billion |
| % of Total Assets | 58.45% |
| Annual Growth Rate | 3.18% |
| 5-Year Change | 19.48% |
| 10-Year Change | 124.44% |
| Growth Volatility | 11.57 |
Sun Race Sturmey-Archer Inc - Net Assets Trend (2002–2024)
This chart illustrates how Sun Race Sturmey-Archer Inc's net assets have evolved over time, based on quarterly financial data. Also explore Sun Race Sturmey-Archer Inc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Sun Race Sturmey-Archer Inc (2002–2024)
The table below shows the annual net assets of Sun Race Sturmey-Archer Inc from 2002 to 2024. For live valuation and market cap data, see 1526 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.35 Billion ≈ $42.64 Million |
-3.07% |
| 2023-12-31 | NT$1.40 Billion ≈ $43.99 Million |
-2.42% |
| 2022-12-31 | NT$1.43 Billion ≈ $45.08 Million |
+11.03% |
| 2021-12-31 | NT$1.29 Billion ≈ $40.60 Million |
+13.77% |
| 2020-12-31 | NT$1.13 Billion ≈ $35.69 Million |
+13.08% |
| 2019-12-31 | NT$1.00 Billion ≈ $31.56 Million |
+1.53% |
| 2018-12-31 | NT$986.64 Million ≈ $31.08 Million |
+29.90% |
| 2017-12-31 | NT$759.53 Million ≈ $23.93 Million |
+13.76% |
| 2016-12-31 | NT$667.68 Million ≈ $21.04 Million |
+10.73% |
| 2015-12-31 | NT$602.98 Million ≈ $19.00 Million |
+12.05% |
| 2014-12-31 | NT$538.12 Million ≈ $16.95 Million |
+11.52% |
| 2013-12-31 | NT$482.56 Million ≈ $15.20 Million |
+9.40% |
| 2012-12-31 | NT$441.10 Million ≈ $13.90 Million |
+3.14% |
| 2011-12-31 | NT$427.67 Million ≈ $13.47 Million |
+6.92% |
| 2010-12-31 | NT$399.98 Million ≈ $12.60 Million |
+0.73% |
| 2009-12-31 | NT$397.09 Million ≈ $12.51 Million |
-4.90% |
| 2008-12-31 | NT$417.57 Million ≈ $13.16 Million |
+3.46% |
| 2007-12-31 | NT$403.59 Million ≈ $12.72 Million |
-7.25% |
| 2006-12-31 | NT$435.15 Million ≈ $13.71 Million |
+7.52% |
| 2005-12-31 | NT$404.72 Million ≈ $12.75 Million |
-28.34% |
| 2004-12-31 | NT$564.80 Million ≈ $17.79 Million |
-13.74% |
| 2003-12-31 | NT$654.76 Million ≈ $20.63 Million |
-3.60% |
| 2002-12-31 | NT$679.23 Million ≈ $21.40 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sun Race Sturmey-Archer Inc'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 50657200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$506.57 Million | 37.43% |
| Other Components | NT$846.77 Million | 62.57% |
| Total Equity | NT$1.35 Billion | 100.00% |
Sun Race Sturmey-Archer Inc Competitors by Market Cap
The table below lists competitors of Sun Race Sturmey-Archer Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Country Group Development Public Company Limited
BK:CGD
|
$30.92 Million |
|
Katana Capital Ltd
AU:KAT
|
$30.92 Million |
|
Almondz Global Securities Limited
NSE:ALMONDZ
|
$30.95 Million |
|
Key Tronic Corporation
NASDAQ:KTCC
|
$30.95 Million |
|
Gome Telecom Equipment Co Ltd
SHG:600898
|
$30.90 Million |
|
Auctus Alternative Investments Ltd
AU:AVC
|
$30.88 Million |
|
Datron AG
XETRA:DAR
|
$30.88 Million |
|
Xavis Co. Ltd
KQ:254120
|
$30.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sun Race Sturmey-Archer Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,396,157,000 to 1,353,341,000, a change of -42,816,000 (-3.1%).
- Net loss of 54,704,000 reduced equity.
- Other comprehensive income decreased equity by 150,280,000.
- Other factors increased equity by 162,168,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-54.70 Million | -4.04% |
| Other Comprehensive Income | NT$-150.28 Million | -11.1% |
| Other Changes | NT$162.17 Million | +11.98% |
| Total Change | NT$- | -3.07% |
Book Value vs Market Value Analysis
This analysis compares Sun Race Sturmey-Archer Inc'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: 0.72x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.14x to 0.72x 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 | NT$7.63 | NT$16.35 | x |
| 2010-12-31 | NT$7.68 | NT$16.35 | x |
| 2011-12-31 | NT$8.22 | NT$16.35 | x |
| 2012-12-31 | NT$8.47 | NT$16.35 | x |
| 2013-12-31 | NT$9.27 | NT$16.35 | x |
| 2014-12-31 | NT$10.34 | NT$16.35 | x |
| 2015-12-31 | NT$11.57 | NT$16.35 | x |
| 2016-12-31 | NT$12.83 | NT$16.35 | x |
| 2017-12-31 | NT$15.18 | NT$16.35 | x |
| 2018-12-31 | NT$19.48 | NT$16.35 | x |
| 2019-12-31 | NT$16.68 | NT$16.35 | x |
| 2020-12-31 | NT$18.86 | NT$16.35 | x |
| 2021-12-31 | NT$21.44 | NT$16.35 | x |
| 2022-12-31 | NT$23.78 | NT$16.35 | x |
| 2023-12-31 | NT$23.25 | NT$16.35 | x |
| 2024-12-31 | NT$22.56 | NT$16.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sun Race Sturmey-Archer Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.59%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.81x
- Recent ROE (-4.04%) is below the historical average (9.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 3.26% | 2.10% | 0.69x | 2.25x | NT$-28.15 Million |
| 2009 | -5.04% | -3.97% | 0.60x | 2.11x | NT$-59.74 Million |
| 2010 | 1.03% | 0.65% | 0.71x | 2.23x | NT$-35.88 Million |
| 2011 | 6.04% | 3.91% | 0.70x | 2.22x | NT$-16.92 Million |
| 2012 | 3.22% | 2.21% | 0.65x | 2.23x | NT$-29.89 Million |
| 2013 | 7.25% | 4.95% | 0.70x | 2.09x | NT$-13.25 Million |
| 2014 | 10.09% | 7.18% | 0.72x | 1.94x | NT$492.60K |
| 2015 | 12.05% | 8.05% | 0.69x | 2.17x | NT$12.39 Million |
| 2016 | 13.47% | 9.42% | 0.67x | 2.14x | NT$23.15 Million |
| 2017 | 17.86% | 10.13% | 0.62x | 2.85x | NT$59.71 Million |
| 2018 | 13.79% | 10.71% | 0.73x | 1.76x | NT$37.41 Million |
| 2019 | 8.00% | 7.07% | 0.70x | 1.62x | NT$-20.05 Million |
| 2020 | 15.74% | 14.30% | 0.67x | 1.63x | NT$65.05 Million |
| 2021 | 20.41% | 13.93% | 0.67x | 2.20x | NT$134.08 Million |
| 2022 | 27.02% | 17.60% | 0.76x | 2.03x | NT$243.52 Million |
| 2023 | 3.26% | 4.57% | 0.37x | 1.91x | NT$-94.11 Million |
| 2024 | -4.04% | -7.59% | 0.29x | 1.81x | NT$-190.04 Million |
Industry Comparison
This section compares Sun Race Sturmey-Archer Inc's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,951,326,444
- Average return on equity (ROE) among peers: 4.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sun Race Sturmey-Archer Inc (1526) | NT$1.35 Billion | 3.26% | 0.71x | $30.91 Million |
| Trk Corp (1432) | $799.85 Million | 0.00% | 4.58x | $57.33 Million |
| Rexon Industrial Corp Ltd (1515) | $2.96 Billion | 0.00% | 1.40x | $125.21 Million |
| Chi Hua Fitness Co Ltd (1593) | $794.85 Million | 12.58% | 0.28x | $39.23 Million |
| Dyaco International Inc (1598) | $4.95 Billion | 1.45% | 1.25x | $108.99 Million |
| Johnson Health Tech Co Ltd (1736) | $2.41 Billion | 31.37% | 1.31x | $1.17 Billion |
| Topkey Corp (4536) | $5.99 Billion | 13.88% | 0.88x | $427.77 Million |
| Brogent Technologies (5263) | $2.81 Billion | 9.47% | 0.24x | $207.84 Million |
| Janfusun Fancyworld (5701) | $764.15 Million | -25.17% | 3.07x | $15.36 Million |
| Fusheng Precision Co Ltd (6670) | $5.08 Billion | 0.00% | 1.45x | $1.10 Billion |
About Sun Race Sturmey-Archer Inc
Sun Race Sturmey-Archer Corporation provides bicycle components worldwide. Its products include shifters, front and rear derailleurs, cranksets, cassettes, freewheels, chains, chainrings, hubs, bottom bracket axles, and brakes; brake pad and shoes; and spare parts. The company was formerly known as Roots Enterprise Co., Ltd. and changed its name to Sun Race Sturmey-Archer Inc. in 2001. Sun Race S… Read more