Sunnic Technology & Merchandise
Sunnic Technology & Merchandise Inc. engages in dealership and distribution of electronic parts and components, and production equipment in China, Taiwan, and internationally. It also provides technology solutions integration and marketing; product manufacturing technique counseling and consultation; product sale and marketing; and after-sales technical services. In addition, it offers electronic… Read more
Sunnic Technology & Merchandise (3360) - Net Assets
Latest net assets as of September 2025: NT$809.09 Million TWD
Based on the latest financial reports, Sunnic Technology & Merchandise (3360) has net assets worth NT$809.09 Million 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$2.66 Billion) and total liabilities (NT$1.85 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$809.09 Million |
| % of Total Assets | 30.42% |
| Annual Growth Rate | -1.28% |
| 5-Year Change | -12.8% |
| 10-Year Change | N/A |
| Growth Volatility | 162.51 |
Sunnic Technology & Merchandise - Net Assets Trend (2017–2024)
This chart illustrates how Sunnic Technology & Merchandise's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sunnic Technology & Merchandise (2017–2024)
The table below shows the annual net assets of Sunnic Technology & Merchandise from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$875.97 Million | -3.89% |
| 2023-12-31 | NT$911.44 Million | -14.50% |
| 2022-12-31 | NT$1.07 Billion | +3.34% |
| 2021-12-31 | NT$1.03 Billion | +2.69% |
| 2020-12-31 | NT$1.00 Billion | -80.94% |
| 2019-12-31 | NT$5.27 Billion | +442.26% |
| 2018-12-31 | NT$971.74 Million | +1.36% |
| 2017-12-31 | NT$958.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sunnic Technology & Merchandise'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 787.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$905.28 Million | 104.02% |
| Total Equity | NT$870.29 Million | 100.00% |
Sunnic Technology & Merchandise Competitors by Market Cap
The table below lists competitors of Sunnic Technology & Merchandise ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Diamond Food Indonesia PT
JK:DMND
|
$29.33 Million |
|
Astra Graphia Tbk
JK:ASGR
|
$29.34 Million |
|
Krungdhep Sophon Public Company Limited
BK:KWC
|
$29.35 Million |
|
MMC Sanayi ve Ticari Yatirimlar AS
IS:MMCAS
|
$29.35 Million |
|
AVTECH Sweden AB Series B
ST:AVT-B
|
$29.31 Million |
|
Altair Minerals Ltd
AU:ALR
|
$29.31 Million |
|
Novem Group S.A.
F:NVM
|
$29.31 Million |
|
Simula Technology
TWO:3511
|
$29.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunnic Technology & Merchandise's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 891,464,000 to 870,294,000, a change of -21,170,000 (-2.4%).
- Net loss of 37,028,000 reduced equity.
- Other factors increased equity by 15,858,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-37.03 Million | -4.25% |
| Other Changes | NT$15.86 Million | +1.82% |
| Total Change | NT$- | -2.37% |
Book Value vs Market Value Analysis
This analysis compares Sunnic Technology & Merchandise'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: 1.32x
- 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 1.08x to 1.32x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$13.93 | NT$15.05 | x |
| 2018-12-31 | NT$14.12 | NT$15.05 | x |
| 2019-12-31 | NT$14.30 | NT$15.05 | x |
| 2020-12-31 | NT$13.06 | NT$15.05 | x |
| 2021-12-31 | NT$13.42 | NT$15.05 | x |
| 2022-12-31 | NT$13.92 | NT$15.05 | x |
| 2023-12-31 | NT$11.67 | NT$15.05 | x |
| 2024-12-31 | NT$11.39 | NT$15.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunnic Technology & Merchandise utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.59%
- • Asset Turnover: 2.20x
- • Equity Multiplier: 3.27x
- Recent ROE (-4.25%) is below the historical average (0.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -2.73% | -0.29% | 3.94x | 2.38x | NT$-122.07 Million |
| 2018 | 4.09% | 0.29% | 2.36x | 5.92x | NT$-57.45 Million |
| 2019 | 4.46% | 0.23% | 3.63x | 5.39x | NT$-54.55 Million |
| 2020 | 6.89% | 0.49% | 5.43x | 2.61x | NT$-31.24 Million |
| 2021 | 9.68% | 1.06% | 2.24x | 4.07x | NT$-3.33 Million |
| 2022 | 2.26% | 0.24% | 1.98x | 4.79x | NT$-82.52 Million |
| 2023 | -12.63% | -1.55% | 2.98x | 2.74x | NT$-201.70 Million |
| 2024 | -4.25% | -0.59% | 2.20x | 3.27x | NT$-124.06 Million |
Industry Comparison
This section compares Sunnic Technology & Merchandise's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $3,516,139,100
- Average return on equity (ROE) among peers: 5.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunnic Technology & Merchandise (3360) | NT$809.09 Million | -2.73% | 2.29x | $29.33 Million |
| China Wire & Cable Co Ltd (1603) | $5.29 Billion | 8.42% | 0.61x | $77.47 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $4.09 Billion | -0.33% | 0.05x | $111.08 Million |
| Senao International Co Ltd (2450) | $6.43 Billion | 10.98% | 0.53x | $64.69 Million |
| Wah Lee Industrial Corp (3010) | $8.62 Billion | 11.39% | 1.34x | $645.33 Million |
| Weikeng Industrial Co Ltd (3033) | $2.53 Billion | 15.31% | 2.01x | $384.05 Million |
| Edom Technology Co Ltd (3048) | $3.72 Billion | 18.74% | 5.27x | $169.71 Million |
| MetaTech AP (3224) | $2.61 Billion | -2.64% | 0.25x | $59.52 Million |
| Sentronic International (3232) | $363.49 Million | 5.76% | 1.39x | $22.56 Million |
| Kworld Computer Co Ltd (3287) | $411.82 Million | 2.32% | 0.36x | $17.39 Million |
| G.M.I Technology Inc (3312) | $1.11 Billion | -19.88% | 1.94x | $115.66 Million |