Sunrex Technology Corp (2387) - Net Assets
Based on the latest financial reports, Sunrex Technology Corp (2387) has net assets worth NT$11.67 Billion TWD (≈ $367.81 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$20.13 Billion ≈ $634.28 Million USD) and total liabilities (NT$8.46 Billion ≈ $266.47 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 Sunrex Technology Corp (2387) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$11.67 Billion |
| % of Total Assets | 57.99% |
| Annual Growth Rate | 7.94% |
| 5-Year Change | 28.66% |
| 10-Year Change | 40.65% |
| Growth Volatility | 12.24 |
Sunrex Technology Corp - Net Assets Trend (2002–2025)
This chart illustrates how Sunrex Technology Corp's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Sunrex Technology Corp for the complete picture of this company's asset base.
Annual Net Assets for Sunrex Technology Corp (2002–2025)
The table below shows the annual net assets of Sunrex Technology Corp from 2002 to 2025. For live valuation and market cap data, see Sunrex Technology Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$11.67 Billion ≈ $367.81 Million |
-0.42% |
| 2024-12-31 | NT$11.72 Billion ≈ $369.37 Million |
+11.92% |
| 2023-12-31 | NT$10.48 Billion ≈ $330.03 Million |
+3.49% |
| 2022-12-31 | NT$10.12 Billion ≈ $318.91 Million |
+11.56% |
| 2021-12-31 | NT$9.07 Billion ≈ $285.87 Million |
+7.42% |
| 2020-12-31 | NT$8.45 Billion ≈ $266.12 Million |
+18.40% |
| 2019-12-31 | NT$7.13 Billion ≈ $224.76 Million |
-4.09% |
| 2018-12-31 | NT$7.44 Billion ≈ $234.34 Million |
-4.34% |
| 2017-12-31 | NT$7.78 Billion ≈ $244.96 Million |
-6.33% |
| 2016-12-31 | NT$8.30 Billion ≈ $261.51 Million |
-7.87% |
| 2015-12-31 | NT$9.01 Billion ≈ $283.86 Million |
+1.13% |
| 2014-12-31 | NT$8.91 Billion ≈ $280.70 Million |
+12.51% |
| 2013-12-31 | NT$7.92 Billion ≈ $249.50 Million |
+6.02% |
| 2012-12-31 | NT$7.47 Billion ≈ $235.33 Million |
-6.48% |
| 2011-12-31 | NT$7.99 Billion ≈ $251.64 Million |
+6.33% |
| 2010-12-31 | NT$7.51 Billion ≈ $236.65 Million |
+4.86% |
| 2009-12-31 | NT$7.16 Billion ≈ $225.68 Million |
+15.17% |
| 2008-12-31 | NT$6.22 Billion ≈ $195.95 Million |
+15.52% |
| 2007-12-31 | NT$5.38 Billion ≈ $169.63 Million |
+14.41% |
| 2006-12-31 | NT$4.71 Billion ≈ $148.26 Million |
+11.04% |
| 2005-12-31 | NT$4.24 Billion ≈ $133.53 Million |
+50.22% |
| 2004-12-31 | NT$2.82 Billion ≈ $88.88 Million |
+15.11% |
| 2003-12-31 | NT$2.45 Billion ≈ $77.22 Million |
+21.58% |
| 2002-12-31 | NT$2.02 Billion ≈ $63.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sunrex Technology Corp'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 1799.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$6.70 Billion | 63.19% |
| Common Stock | NT$1.95 Billion | 18.41% |
| Other Comprehensive Income | NT$1.84 Billion | 17.38% |
| Other Components | NT$109.29 Million | 1.03% |
| Total Equity | NT$10.61 Billion | 100.00% |
Sunrex Technology Corp Competitors by Market Cap
The table below lists competitors of Sunrex Technology Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Graf Global Corp
NYSE MKT:GRAF
|
$247.02 Million |
|
Launch One Acquisition Corp. Unit
NASDAQ:LPAAU
|
$247.02 Million |
|
Honest Company Inc
NASDAQ:HNST
|
$247.06 Million |
|
Taiwan Hopax Chemsistry MFG Co Ltd
TWO:6509
|
$247.07 Million |
|
Thoresen Thai Agencies Public Company Limited
BK:TTA-R
|
$246.80 Million |
|
IAR Systems Group AB (publ)
ST:IAR-B
|
$246.77 Million |
|
Polyram Plastic Industries Ltd
TA:POLP
|
$246.74 Million |
|
SIM Acquisition Corp. I Class A Ordinary Shares
NASDAQ:SIMA
|
$246.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunrex Technology Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,624,485,000 to 10,606,287,000, a change of -18,198,000 (-0.2%).
- Net income of 670,692,000 contributed positively to equity growth.
- Dividend payments of 781,004,000 reduced retained earnings.
- Other comprehensive income decreased equity by 26,579,000.
- Other factors increased equity by 118,693,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$670.69 Million | +6.32% |
| Dividends Paid | NT$781.00 Million | -7.36% |
| Other Comprehensive Income | NT$-26.58 Million | -0.25% |
| Other Changes | NT$118.69 Million | +1.12% |
| Total Change | NT$- | -0.17% |
Book Value vs Market Value Analysis
This analysis compares Sunrex Technology Corp'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: 0.70x
- 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 1.47x to 0.70x 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$27.51 | NT$40.50 | x |
| 2010-12-31 | NT$27.64 | NT$40.50 | x |
| 2011-12-31 | NT$29.08 | NT$40.50 | x |
| 2012-12-31 | NT$28.97 | NT$40.50 | x |
| 2013-12-31 | NT$30.53 | NT$40.50 | x |
| 2014-12-31 | NT$30.02 | NT$40.50 | x |
| 2015-12-31 | NT$35.94 | NT$40.50 | x |
| 2016-12-31 | NT$29.60 | NT$40.50 | x |
| 2017-12-31 | NT$29.50 | NT$40.50 | x |
| 2018-12-31 | NT$31.87 | NT$40.50 | x |
| 2019-12-31 | NT$32.50 | NT$40.50 | x |
| 2020-12-31 | NT$38.78 | NT$40.50 | x |
| 2021-12-31 | NT$41.73 | NT$40.50 | x |
| 2022-12-31 | NT$46.35 | NT$40.50 | x |
| 2023-12-31 | NT$48.48 | NT$40.50 | x |
| 2024-12-31 | NT$54.76 | NT$40.50 | x |
| 2025-12-31 | NT$57.80 | NT$40.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunrex Technology Corp 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): 6.32%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.55%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.90x
- Recent ROE (6.32%) is below the historical average (13.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 23.97% | 17.56% | 0.89x | 1.54x | NT$281.63 Million |
| 2003 | 26.53% | 22.25% | 0.77x | 1.55x | NT$405.17 Million |
| 2004 | 25.74% | 17.83% | 0.93x | 1.55x | NT$444.10 Million |
| 2005 | 22.61% | 17.46% | 0.86x | 1.51x | NT$447.04 Million |
| 2006 | 18.39% | 15.37% | 0.86x | 1.40x | NT$364.30 Million |
| 2007 | 20.05% | 15.11% | 0.86x | 1.54x | NT$496.77 Million |
| 2008 | 17.84% | 10.17% | 0.95x | 1.84x | NT$454.00 Million |
| 2009 | 19.36% | 9.55% | 1.09x | 1.87x | NT$600.93 Million |
| 2010 | 20.12% | 9.19% | 1.23x | 1.77x | NT$677.92 Million |
| 2011 | 4.44% | 2.36% | 0.99x | 1.90x | NT$-395.53 Million |
| 2012 | -0.71% | -0.36% | 1.01x | 1.97x | NT$-712.01 Million |
| 2013 | 1.48% | 0.82% | 0.89x | 2.04x | NT$-601.29 Million |
| 2014 | 8.58% | 4.25% | 1.06x | 1.91x | NT$-114.56 Million |
| 2015 | 9.96% | 4.80% | 1.05x | 1.98x | NT$-3.36 Million |
| 2016 | 7.88% | 4.41% | 0.97x | 1.83x | NT$-159.99 Million |
| 2017 | 3.01% | 1.83% | 0.89x | 1.86x | NT$-493.74 Million |
| 2018 | 1.94% | 1.25% | 0.81x | 1.91x | NT$-542.91 Million |
| 2019 | 3.71% | 1.80% | 0.83x | 2.48x | NT$-392.20 Million |
| 2020 | 16.43% | 5.78% | 0.95x | 2.98x | NT$479.48 Million |
| 2021 | 12.68% | 4.26% | 1.10x | 2.71x | NT$216.94 Million |
| 2022 | 16.06% | 5.87% | 1.12x | 2.43x | NT$544.36 Million |
| 2023 | 13.35% | 5.80% | 1.10x | 2.09x | NT$314.88 Million |
| 2024 | 14.23% | 6.42% | 1.07x | 2.07x | NT$449.10 Million |
| 2025 | 6.32% | 3.55% | 0.94x | 1.90x | NT$-389.94 Million |
Industry Comparison
This section compares Sunrex Technology Corp's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $37,332,807,700
- Average return on equity (ROE) among peers: -1.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunrex Technology Corp (2387) | NT$11.67 Billion | 23.97% | 0.72x | $246.93 Million |
| Solytech Enterprise Corp (1471) | $1.00 Billion | -31.82% | 0.68x | $53.55 Million |
| Lite-On Technology Corp (2301) | $79.28 Billion | 11.88% | 1.66x | $11.87 Billion |
| Microtek International Inc (2305) | $2.23 Billion | -0.87% | 0.17x | $100.28 Million |
| Kinpo Electronics Inc (2312) | $14.67 Billion | 10.08% | 0.70x | $1.31 Billion |
| CMC Magnetics Corp (2323) | $33.57 Billion | -1.91% | 0.45x | $348.35 Million |
| Compal Electronics Inc (2324) | $115.99 Billion | 8.07% | 3.03x | $3.98 Billion |
| Elitegroup Computer Systems Co Ltd (2331) | $11.02 Billion | 0.42% | 1.12x | $360.88 Million |
| Ritek Corp (2349) | $9.39 Billion | -2.63% | 0.94x | $272.09 Million |
| Qisda Corp (2352) | $31.13 Billion | -5.81% | 2.57x | $975.88 Million |
| Acer Inc (2353) | $75.03 Billion | -3.88% | 2.02x | $2.61 Billion |
About Sunrex Technology Corp
Sunrex Technology Corporation engages in the manufacture and sale of laptop computer keyboards worldwide. It offers wired/wireless keyboard and mouse, HTPC multimedia keyboards, leather casing keyboards for tablet computers, touch controlled keyboards, gaming keyboards, and mice, as well as 3D air keyboards and mice. The company is also involved in the research and development of various human in… Read more