Sunflex Tech Co Ltd
Sunflex Tech Co., Ltd. engages in the manufacture and sale of electronic components in Taiwan, rest of Asia, the Americas, and Europe. It offers flexible printed circuit boards (FPCB). The company is also involved in the general investment activities. Its products are used in consumer electronics, automotive, industrial control, medical, and other industries applications. Sunflex Tech Co., Ltd. w… Read more
Sunflex Tech Co Ltd (3390) - Net Assets
Latest net assets as of September 2025: NT$1.42 Billion TWD
Based on the latest financial reports, Sunflex Tech Co Ltd (3390) has net assets worth NT$1.42 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$1.80 Billion) and total liabilities (NT$381.32 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$1.42 Billion |
| % of Total Assets | 78.85% |
| Annual Growth Rate | -0.19% |
| 5-Year Change | 23.67% |
| 10-Year Change | N/A |
| Growth Volatility | 7.42 |
Sunflex Tech Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Sunflex Tech 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 Sunflex Tech Co Ltd (2017–2024)
The table below shows the annual net assets of Sunflex Tech Co Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$1.25 Billion | +6.07% |
| 2023-12-31 | NT$1.17 Billion | +4.34% |
| 2022-12-31 | NT$1.13 Billion | +3.88% |
| 2021-12-31 | NT$1.08 Billion | +7.57% |
| 2020-12-31 | NT$1.01 Billion | -13.76% |
| 2019-12-31 | NT$1.17 Billion | -8.22% |
| 2018-12-31 | NT$1.27 Billion | +0.83% |
| 2017-12-31 | NT$1.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sunflex Tech 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 32.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$143.68 Million | 11.54% |
| Other Components | NT$1.10 Billion | 88.46% |
| Total Equity | NT$1.25 Billion | 100.00% |
Sunflex Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Sunflex Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DANIEL THWAITES LS-25
F:7KW
|
$43.47 Million |
|
Signature International Bhd
KLSE:7246
|
$43.49 Million |
|
Binh Duong Trade and Development JSC
VN:TDC
|
$43.49 Million |
|
Remed Co.Ltd
KQ:302550
|
$43.51 Million |
|
Mega Or
TA:MGOR
|
$43.45 Million |
|
GBM Resources Ltd
AU:GBZ
|
$43.44 Million |
|
Enad Global 7 AB
ST:EG7
|
$43.44 Million |
|
Gunnison Copper Corp
OTCQB:GCUMF
|
$43.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunflex Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,174,012,000 to 1,245,231,000, a change of 71,219,000 (6.1%).
- Net income of 97,076,000 contributed positively to equity growth.
- Dividend payments of 48,271,000 reduced retained earnings.
- New share issuances of 6,549,000 increased equity.
- Other factors increased equity by 15,865,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$97.08 Million | +7.8% |
| Dividends Paid | NT$48.27 Million | -3.88% |
| Share Issuances | NT$6.55 Million | +0.53% |
| Other Changes | NT$15.87 Million | +1.27% |
| Total Change | NT$- | 6.07% |
Book Value vs Market Value Analysis
This analysis compares Sunflex Tech 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: 1.25x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | NT$18.83 | NT$22.05 | x |
| 2018-12-31 | NT$18.99 | NT$22.05 | x |
| 2019-12-31 | NT$17.30 | NT$22.05 | x |
| 2020-12-31 | NT$14.92 | NT$22.05 | x |
| 2021-12-31 | NT$16.05 | NT$22.05 | x |
| 2022-12-31 | NT$16.02 | NT$22.05 | x |
| 2023-12-31 | NT$16.71 | NT$22.05 | x |
| 2024-12-31 | NT$17.65 | NT$22.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunflex Tech Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.80%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.34%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.19x
- Recent ROE (7.80%) is above the historical average (1.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.31% | 0.39% | 0.58x | 1.38x | NT$-122.26 Million |
| 2018 | 6.44% | 7.59% | 0.54x | 1.58x | NT$-45.25 Million |
| 2019 | -3.64% | -5.92% | 0.37x | 1.66x | NT$-159.27 Million |
| 2020 | -12.28% | -18.83% | 0.35x | 1.84x | NT$-224.39 Million |
| 2021 | 3.01% | 3.63% | 0.46x | 1.81x | NT$-75.69 Million |
| 2022 | 6.82% | 7.73% | 0.52x | 1.70x | NT$-35.78 Million |
| 2023 | 5.87% | 8.52% | 0.44x | 1.56x | NT$-48.50 Million |
| 2024 | 7.80% | 11.34% | 0.58x | 1.19x | NT$-27.45 Million |
Industry Comparison
This section compares Sunflex Tech Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $187,867,240,100
- Average return on equity (ROE) among peers: 6.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunflex Tech Co Ltd (3390) | NT$1.42 Billion | 0.31% | 0.27x | $43.45 Million |
| Syncmold Enterprise Corp (1582) | $4.29 Billion | 16.99% | 0.69x | $298.69 Million |
| Fulltech Fiber Glass (1815) | $6.39 Billion | 0.00% | 0.90x | $1.40 Billion |
| Delta Electronics Inc (2308) | $325.39 Billion | 20.88% | 0.97x | $80.57 Billion |
| Compeq Manufacturing Co Ltd (2313) | $14.23 Billion | 2.16% | 1.01x | $6.72 Billion |
| Hon Hai Precision Industry Co Ltd (2317) | $1.48 Trillion | 6.88% | 1.48x | $76.45 Billion |
| Pan-International Industrial Corp (2328) | $18.48 Billion | 5.79% | 0.37x | $561.22 Million |
| Chin-Poon Industrial Co Ltd (2355) | $10.35 Billion | 9.66% | 0.67x | $460.73 Million |
| Solomon Technology Corp (2359) | $5.33 Billion | 8.60% | 0.59x | $417.90 Million |
| Unitech Printed Circuit Board Corp (2367) | $8.30 Billion | -8.42% | 1.39x | $1.40 Billion |
| Gold Circuit Electronics Ltd (2368) | $7.17 Billion | 1.81% | 1.92x | $8.82 Billion |