Sunnic Technology & Merchandise (3360) - Net Assets
Based on the latest financial reports, Sunnic Technology & Merchandise (3360) has net assets worth NT$809.09 Million TWD (≈ $25.49 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$2.66 Billion ≈ $83.81 Million USD) and total liabilities (NT$1.85 Billion ≈ $58.32 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 Sunnic Technology & Merchandise (3360) strategic investment index to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see 3360 market cap overview.
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. Also explore net asset momentum of Sunnic Technology & Merchandise to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$875.97 Million ≈ $27.60 Million |
-3.89% |
| 2023-12-31 | NT$911.44 Million ≈ $28.72 Million |
-14.50% |
| 2022-12-31 | NT$1.07 Billion ≈ $33.58 Million |
+3.34% |
| 2021-12-31 | NT$1.03 Billion ≈ $32.50 Million |
+2.69% |
| 2020-12-31 | NT$1.00 Billion ≈ $31.65 Million |
-80.94% |
| 2019-12-31 | NT$5.27 Billion ≈ $166.01 Million |
+442.26% |
| 2018-12-31 | NT$971.74 Million ≈ $30.62 Million |
+1.36% |
| 2017-12-31 | NT$958.73 Million ≈ $30.21 Million |
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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 |
|---|---|
|
Pharmx Technologies Ltd
AU:PHX
|
$34.78 Million |
|
Sound Group Inc.
NASDAQ:SOGP
|
$34.80 Million |
|
Adcorp
JSE:ADR
|
$34.81 Million |
|
Context Therapeutics Inc
NASDAQ:CNTX
|
$34.82 Million |
|
Star Equity Holdings Inc
NASDAQ:STRR
|
$34.77 Million |
|
Essar Shipping Limited
NSE:ESSARSHPNG
|
$34.76 Million |
|
Korea Circuit Co Ltd
KO:007815
|
$34.76 Million |
|
Singtex Industrial Co Ltd
TWO:4433
|
$34.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunnic Technology & Merchandise's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 891,464,000 to 870,294,000, a change of -21,170,000 (-2.4%).
- Net loss of 37,028,000 reduced equity.
- Other factors increased equity by 15,858,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-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: 1.27x
- 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 1.04x to 1.27x 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$14.45 | x |
| 2018-12-31 | NT$14.12 | NT$14.45 | x |
| 2019-12-31 | NT$14.30 | NT$14.45 | x |
| 2020-12-31 | NT$13.06 | NT$14.45 | x |
| 2021-12-31 | NT$13.42 | NT$14.45 | x |
| 2022-12-31 | NT$13.92 | NT$14.45 | x |
| 2023-12-31 | NT$11.67 | NT$14.45 | x |
| 2024-12-31 | NT$11.39 | NT$14.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunnic Technology & Merchandise utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.59%
- • Asset Turnover: 2.20x
- • Equity Multiplier: 3.27x
- Recent ROE (-4.25%) is below the historical average (0.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -2.73% | -0.29% | 3.94x | 2.38x | NT$-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: $16,633,154,600
- Average return on equity (ROE) among peers: 9.09%
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 | $34.78 Million |
| China Wire & Cable Co Ltd (1603) | $7.58 Billion | 6.85% | 0.61x | $149.38 Million |
| Hold-Key Electric Wire & Cable Co Ltd (1618) | $2.59 Billion | 10.50% | 0.88x | $234.03 Million |
| Synnex Technology International Corp (2347) | $18.68 Billion | 12.96% | 1.07x | $4.66 Billion |
| Foxconn Technology Co Ltd (2354) | $110.27 Billion | 4.28% | 0.53x | $2.91 Billion |
| Senao International Co Ltd (2450) | $5.86 Billion | 7.01% | 0.72x | $229.85 Million |
| Wah Lee Industrial Corp (3010) | $12.41 Billion | 10.85% | 1.57x | $1.00 Billion |
| Weikeng Industrial Co Ltd (3033) | $4.03 Billion | 16.55% | 2.31x | $681.03 Million |
| Edom Technology Co Ltd (3048) | $2.09 Billion | 20.06% | 0.95x | $428.46 Million |
| MetaTech AP (3224) | $2.35 Billion | -4.44% | 0.39x | $81.23 Million |
| Sentronic International (3232) | $484.61 Million | 6.31% | 1.26x | $31.91 Million |
About 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