Sinbon Electronics Co Ltd
SINBON Electronics Co., Ltd. manufactures and sells computer peripherals, connectors, wires, and other parts in Mainland China, Hong Kong, the United States, Taiwan, and internationally. The company operates through Green Energy, Industrial Application, Medical Health, Automotive & Aviation, and Communication segments. The Green Energy segment develops, manufactures, and sells cable assembly and … Read more
Sinbon Electronics Co Ltd (3023) - Net Assets
Latest net assets as of December 2025: NT$16.49 Billion TWD
Based on the latest financial reports, Sinbon Electronics Co Ltd (3023) has net assets worth NT$16.49 Billion TWD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$31.99 Billion) and total liabilities (NT$15.50 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 | NT$16.49 Billion |
| % of Total Assets | 51.54% |
| Annual Growth Rate | 10.99% |
| 5-Year Change | 48.06% |
| 10-Year Change | 185.28% |
| Growth Volatility | 14.88 |
Sinbon Electronics Co Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Sinbon Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sinbon Electronics Co Ltd (2002–2025)
The table below shows the annual net assets of Sinbon Electronics Co Ltd from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$16.49 Billion | +6.73% |
| 2024-12-31 | NT$15.45 Billion | +10.78% |
| 2023-12-31 | NT$13.94 Billion | +3.49% |
| 2022-12-31 | NT$13.47 Billion | +20.99% |
| 2021-12-31 | NT$11.14 Billion | +14.00% |
| 2020-12-31 | NT$9.77 Billion | +25.28% |
| 2019-12-31 | NT$7.80 Billion | +14.72% |
| 2018-12-31 | NT$6.80 Billion | +7.95% |
| 2017-12-31 | NT$6.30 Billion | +8.94% |
| 2016-12-31 | NT$5.78 Billion | +2.51% |
| 2015-12-31 | NT$5.64 Billion | +10.90% |
| 2014-12-31 | NT$5.08 Billion | +9.26% |
| 2013-12-31 | NT$4.65 Billion | +12.95% |
| 2012-12-31 | NT$4.12 Billion | +17.44% |
| 2011-12-31 | NT$3.51 Billion | +4.21% |
| 2010-12-31 | NT$3.37 Billion | +5.58% |
| 2009-12-31 | NT$3.19 Billion | -0.36% |
| 2008-12-31 | NT$3.20 Billion | -7.10% |
| 2007-12-31 | NT$3.44 Billion | +4.56% |
| 2006-12-31 | NT$3.29 Billion | +17.27% |
| 2005-12-31 | NT$2.81 Billion | +72.43% |
| 2004-12-31 | NT$1.63 Billion | +11.76% |
| 2003-12-31 | NT$1.46 Billion | -2.64% |
| 2002-12-31 | NT$1.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sinbon Electronics 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 3230.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$7.77 Billion | 47.95% |
| Other Components | NT$8.44 Billion | 52.05% |
| Total Equity | NT$16.21 Billion | 100.00% |
Sinbon Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Sinbon Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aerospace Hi-Tech Holding Group Co Ltd
SHE:000901
|
$1.62 Billion |
|
Songcheng Performance Develop
SHE:300144
|
$1.62 Billion |
|
Shenyang Xingqi Pharmaceutical Co Ltd
SHE:300573
|
$1.62 Billion |
|
Pylon Technologies Co. Ltd. A
SHG:688063
|
$1.62 Billion |
|
RXO Inc.
NYSE:RXO
|
$1.62 Billion |
|
Bavarian Nordic A/S
PINK:BVNKF
|
$1.62 Billion |
|
Shijiazhuang Shangtai Technology Co. Ltd. A
SHE:001301
|
$1.62 Billion |
|
Companhia de Saneamento de Minas Gerais
SA:CSMG3
|
$1.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinbon Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,280,571,000 to 16,206,922,000, a change of 926,351,000 (6.1%).
- Net income of 3,124,997,000 contributed positively to equity growth.
- Dividend payments of 2,460,707,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,707,531,999.
- Other factors increased equity by 2,969,592,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$3.12 Billion | +19.28% |
| Dividends Paid | NT$2.46 Billion | -15.18% |
| Other Comprehensive Income | NT$-2.71 Billion | -16.71% |
| Other Changes | NT$2.97 Billion | +18.32% |
| Total Change | NT$- | 6.06% |
Book Value vs Market Value Analysis
This analysis compares Sinbon Electronics 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: 3.63x
- 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 15.32x to 3.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$15.99 | NT$245.00 | x |
| 2007-12-31 | NT$16.34 | NT$245.00 | x |
| 2008-12-31 | NT$14.90 | NT$245.00 | x |
| 2009-12-31 | NT$15.40 | NT$245.00 | x |
| 2010-12-31 | NT$15.99 | NT$245.00 | x |
| 2011-12-31 | NT$16.04 | NT$245.00 | x |
| 2012-12-31 | NT$20.19 | NT$245.00 | x |
| 2013-12-31 | NT$20.94 | NT$245.00 | x |
| 2014-12-31 | NT$22.65 | NT$245.00 | x |
| 2015-12-31 | NT$25.14 | NT$245.00 | x |
| 2016-12-31 | NT$25.48 | NT$245.00 | x |
| 2017-12-31 | NT$26.51 | NT$245.00 | x |
| 2018-12-31 | NT$28.29 | NT$245.00 | x |
| 2019-12-31 | NT$32.26 | NT$245.00 | x |
| 2020-12-31 | NT$39.30 | NT$245.00 | x |
| 2021-12-31 | NT$43.28 | NT$245.00 | x |
| 2022-12-31 | NT$51.98 | NT$245.00 | x |
| 2023-12-31 | NT$56.65 | NT$245.00 | x |
| 2024-12-31 | NT$62.82 | NT$245.00 | x |
| 2025-12-31 | NT$67.51 | NT$245.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinbon Electronics 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): 19.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.07%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.97x
- Recent ROE (19.28%) is above the historical average (18.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 15.53% | 6.68% | 0.82x | 2.83x | NT$82.81 Million |
| 2003 | 20.12% | 6.35% | 0.94x | 3.38x | NT$147.57 Million |
| 2004 | 24.80% | 6.28% | 1.25x | 3.15x | NT$241.07 Million |
| 2005 | 19.70% | 7.07% | 1.23x | 2.27x | NT$259.59 Million |
| 2006 | 21.04% | 7.13% | 1.35x | 2.19x | NT$340.64 Million |
| 2007 | 18.55% | 7.50% | 1.22x | 2.02x | NT$289.62 Million |
| 2008 | 0.09% | 0.04% | 1.13x | 2.15x | NT$-307.28 Million |
| 2009 | 6.32% | 3.63% | 0.82x | 2.11x | NT$-111.51 Million |
| 2010 | 12.79% | 4.83% | 1.07x | 2.47x | NT$87.94 Million |
| 2011 | 13.73% | 5.01% | 1.05x | 2.62x | NT$121.51 Million |
| 2012 | 13.75% | 5.47% | 1.13x | 2.23x | NT$149.33 Million |
| 2013 | 14.51% | 6.28% | 1.12x | 2.05x | NT$206.02 Million |
| 2014 | 15.81% | 6.82% | 1.11x | 2.09x | NT$291.85 Million |
| 2015 | 17.38% | 8.01% | 1.09x | 1.99x | NT$411.86 Million |
| 2016 | 20.19% | 8.95% | 1.17x | 1.93x | NT$584.11 Million |
| 2017 | 20.16% | 9.39% | 1.04x | 2.06x | NT$618.01 Million |
| 2018 | 21.51% | 9.03% | 1.10x | 2.16x | NT$756.21 Million |
| 2019 | 22.86% | 9.61% | 1.04x | 2.29x | NT$966.77 Million |
| 2020 | 23.09% | 9.70% | 0.92x | 2.59x | NT$1.20 Billion |
| 2021 | 22.51% | 9.13% | 0.94x | 2.62x | NT$1.30 Billion |
| 2022 | 22.80% | 9.42% | 0.93x | 2.61x | NT$1.62 Billion |
| 2023 | 23.85% | 10.02% | 1.07x | 2.22x | NT$1.91 Billion |
| 2024 | 23.09% | 10.67% | 1.08x | 2.00x | NT$2.00 Billion |
| 2025 | 19.28% | 10.07% | 0.97x | 1.97x | NT$1.50 Billion |
Industry Comparison
This section compares Sinbon Electronics Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,403,349,900
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinbon Electronics Co Ltd (3023) | NT$16.49 Billion | 15.53% | 0.94x | $1.62 Billion |
| Syncmold Enterprise Corp (1582) | $3.54 Billion | 14.79% | 0.82x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.73 Billion | 0.00% | 0.78x | $1.40 Billion |
| Delta Electronics Inc (2308) | $139.46 Billion | 13.05% | 0.88x | $79.20 Billion |
| Compeq Manufacturing Co Ltd (2313) | $12.76 Billion | 0.00% | 1.42x | $6.31 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $55.62 Billion | 23.52% | 0.79x | $77.18 Billion |
| Pan-International Industrial Corp (2328) | $14.42 Billion | 4.40% | 0.40x | $547.00 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $428.70 Million |
| Solomon Technology Corp (2359) | $4.51 Billion | 1.92% | 0.20x | $419.65 Million |
| Unitech Printed Circuit Board Corp (2367) | $9.81 Billion | 5.57% | 0.97x | $1.34 Billion |
| Gold Circuit Electronics Ltd (2368) | $16.83 Billion | 20.96% | 0.97x | $8.99 Billion |