Shun On Electronic Co Ltd
Shun On Electronic Co., Ltd. engages in the research, development, manufacturing, and sale of conductive films and automotive products in Taiwan and internationally. It operates in three business divisions: automotive electronics, conductive film, and special vehicles. It offers assisted driving camera, in-cabin camera, and ECU/system, a 360-degree surround view system; membrane switch and overla… Read more
Shun On Electronic Co Ltd (6283) - Net Assets
Latest net assets as of September 2025: NT$1.85 Billion TWD
Based on the latest financial reports, Shun On Electronic Co Ltd (6283) has net assets worth NT$1.85 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.56 Billion) and total liabilities (NT$714.51 Million). 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$1.85 Billion |
| % of Total Assets | 72.12% |
| Annual Growth Rate | 6.54% |
| 5-Year Change | -15.52% |
| 10-Year Change | 143.13% |
| Growth Volatility | 25.79 |
Shun On Electronic Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Shun On Electronic 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 Shun On Electronic Co Ltd (2002–2024)
The table below shows the annual net assets of Shun On Electronic Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.99 Billion | +11.92% |
| 2023-12-31 | NT$1.78 Billion | -10.35% |
| 2022-12-31 | NT$1.99 Billion | -2.21% |
| 2021-12-31 | NT$2.03 Billion | -13.91% |
| 2020-12-31 | NT$2.36 Billion | +10.15% |
| 2019-12-31 | NT$2.14 Billion | +7.66% |
| 2018-12-31 | NT$1.99 Billion | +46.51% |
| 2017-12-31 | NT$1.36 Billion | -4.01% |
| 2016-12-31 | NT$1.41 Billion | +72.57% |
| 2015-12-31 | NT$819.88 Million | +0.62% |
| 2014-12-31 | NT$814.80 Million | -24.28% |
| 2013-12-31 | NT$1.08 Billion | +9.05% |
| 2012-12-31 | NT$986.77 Million | -19.48% |
| 2011-12-31 | NT$1.23 Billion | -11.15% |
| 2010-12-31 | NT$1.38 Billion | +9.78% |
| 2009-12-31 | NT$1.26 Billion | -14.76% |
| 2008-12-31 | NT$1.47 Billion | +0.90% |
| 2007-12-31 | NT$1.46 Billion | -5.05% |
| 2006-12-31 | NT$1.54 Billion | +66.04% |
| 2005-12-31 | NT$926.56 Million | +46.83% |
| 2004-12-31 | NT$631.06 Million | +8.47% |
| 2003-12-31 | NT$581.76 Million | +17.69% |
| 2002-12-31 | NT$494.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shun On Electronic 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 decreased by 310.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | NT$1.48 Billion | 84.94% |
| Other Components | NT$512.84 Million | 29.45% |
| Total Equity | NT$1.74 Billion | 100.00% |
Shun On Electronic Co Ltd Competitors by Market Cap
The table below lists competitors of Shun On Electronic Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Apple iSports Group Inc
OTCQB:AAPI
|
$44.40 Million |
|
TY Holdings Co. Ltd. Pfd. Series 1
KO:36328K
|
$44.40 Million |
|
Brand X Co. Ltd.
KQ:337930
|
$44.40 Million |
|
Lida Holdings Ltd
TW:4552
|
$44.40 Million |
|
PT Steel Pipe Industry of Indonesia Tbk
F:S08
|
$44.37 Million |
|
Consilium Acquisition I Ltd Corp
NASDAQ:CSLM
|
$44.37 Million |
|
Manali Petrochemicals Limited
NSE:MANALIPETC
|
$44.36 Million |
|
Data International Co Ltd
TWO:5432
|
$44.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shun On Electronic Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,551,287,000 to 1,741,291,000, a change of 190,004,000 (12.2%).
- Net income of 112,665,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 87,059,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$112.67 Million | +6.47% |
| Other Comprehensive Income | NT$87.06 Million | +5.0% |
| Other Changes | NT$-9.72 Million | -0.56% |
| Total Change | NT$- | 12.25% |
Book Value vs Market Value Analysis
This analysis compares Shun On Electronic 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: 1.80x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.91x to 1.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | NT$23.48 | NT$21.40 | x |
| 2010-12-31 | NT$22.79 | NT$21.40 | x |
| 2011-12-31 | NT$19.68 | NT$21.40 | x |
| 2012-12-31 | NT$16.76 | NT$21.40 | x |
| 2013-12-31 | NT$15.99 | NT$21.40 | x |
| 2014-12-31 | NT$10.40 | NT$21.40 | x |
| 2015-12-31 | NT$10.07 | NT$21.40 | x |
| 2016-12-31 | NT$16.35 | NT$21.40 | x |
| 2017-12-31 | NT$9.70 | NT$21.40 | x |
| 2018-12-31 | NT$14.16 | NT$21.40 | x |
| 2019-12-31 | NT$13.29 | NT$21.40 | x |
| 2020-12-31 | NT$12.89 | NT$21.40 | x |
| 2021-12-31 | NT$12.38 | NT$21.40 | x |
| 2022-12-31 | NT$11.80 | NT$21.40 | x |
| 2023-12-31 | NT$10.59 | NT$21.40 | x |
| 2024-12-31 | NT$11.89 | NT$21.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shun On Electronic 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): 6.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.98%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.74x
- Recent ROE (6.47%) is above the historical average (-0.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 23.86% | 20.46% | 0.79x | 1.48x | NT$68.49 Million |
| 2003 | 22.97% | 17.26% | 0.82x | 1.63x | NT$75.44 Million |
| 2004 | 26.54% | 15.92% | 0.74x | 2.24x | NT$104.39 Million |
| 2005 | 9.90% | 7.77% | 0.68x | 1.87x | NT$-863.80K |
| 2006 | 11.15% | 8.21% | 0.77x | 1.77x | NT$14.50 Million |
| 2007 | 14.37% | 10.39% | 0.85x | 1.62x | NT$62.61 Million |
| 2008 | 3.10% | 2.51% | 0.77x | 1.61x | NT$-100.14 Million |
| 2009 | -13.23% | -10.50% | 0.77x | 1.63x | NT$-289.91 Million |
| 2010 | 0.16% | 0.13% | 0.84x | 1.43x | NT$-134.38 Million |
| 2011 | -17.56% | -14.82% | 0.71x | 1.66x | NT$-333.49 Million |
| 2012 | -15.03% | -9.47% | 0.81x | 1.96x | NT$-243.26 Million |
| 2013 | -17.71% | -8.43% | 0.95x | 2.20x | NT$-298.21 Million |
| 2014 | -62.59% | -39.29% | 0.81x | 1.97x | NT$-591.43 Million |
| 2015 | 1.78% | 1.58% | 0.73x | 1.55x | NT$-67.36 Million |
| 2016 | 6.31% | 10.14% | 0.52x | 1.20x | NT$-52.15 Million |
| 2017 | 2.58% | 5.06% | 0.45x | 1.13x | NT$-100.81 Million |
| 2018 | 1.32% | 2.39% | 0.46x | 1.20x | NT$-172.72 Million |
| 2019 | 1.36% | 2.17% | 0.48x | 1.29x | NT$-170.10 Million |
| 2020 | -1.93% | -2.19% | 0.47x | 1.87x | NT$-227.39 Million |
| 2021 | -3.27% | -2.34% | 0.85x | 1.65x | NT$-240.86 Million |
| 2022 | -5.24% | -5.24% | 0.58x | 1.71x | NT$-263.60 Million |
| 2023 | -11.28% | -13.58% | 0.49x | 1.68x | NT$-330.19 Million |
| 2024 | 6.47% | 6.98% | 0.53x | 1.74x | NT$-61.46 Million |
Industry Comparison
This section compares Shun On Electronic 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 |
|---|---|---|---|---|
| Shun On Electronic Co Ltd (6283) | NT$1.85 Billion | 23.86% | 0.39x | $44.38 Million |
| 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 |