Sunfun Info Co. Ltd.
Sunfun Info Co., Ltd. engages in the operation of social networking platform services in Taiwan. It provides health products; advertising-related services; mobile and information software services; and biomedical services, and real estate services. The company was founded in 2002 and is based in Taipei, Taiwan.
Sunfun Info Co. Ltd. (5278) - Net Assets
Latest net assets as of June 2024: NT$549.17 Million TWD
Based on the latest financial reports, Sunfun Info Co. Ltd. (5278) has net assets worth NT$549.17 Million TWD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$2.63 Billion) and total liabilities (NT$2.08 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$549.17 Million |
| % of Total Assets | 20.87% |
| Annual Growth Rate | 8.83% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.74 |
Sunfun Info Co. Ltd. - Net Assets Trend (2019–2023)
This chart illustrates how Sunfun Info 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 Sunfun Info Co. Ltd. (2019–2023)
The table below shows the annual net assets of Sunfun Info Co. Ltd. from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | NT$493.52 Million | +10.45% |
| 2022-12-31 | NT$446.82 Million | +2.21% |
| 2021-12-31 | NT$437.15 Million | +1.06% |
| 2020-12-31 | NT$432.56 Million | +22.95% |
| 2019-12-31 | NT$351.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sunfun Info 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 1.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$93.18 Million | 18.88% |
| Common Stock | NT$222.49 Million | 45.08% |
| Other Components | NT$177.85 Million | 36.04% |
| Total Equity | NT$493.52 Million | 100.00% |
Sunfun Info Co. Ltd. Competitors by Market Cap
The table below lists competitors of Sunfun Info Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NUVERRA ENVIR SOL
F:3H5
|
$95.85 Million |
|
Asia Tech Image
TWO:4974
|
$95.86 Million |
|
Afyon Cimento Sanayi TAS
IS:AFYON
|
$95.95 Million |
|
Rafael Microelectronics
TWO:6568
|
$95.97 Million |
|
Gaming Realms plc
OTCQX:PSDMF
|
$95.74 Million |
|
Taylor Calvin B Bksh
OTCQX:TYCB
|
$95.73 Million |
|
Xplora Technologies As
OL:XPLRA
|
$95.72 Million |
|
Arsan Tekstil Ticaret ve Sanayi AS
IS:ARSAN
|
$95.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sunfun Info Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 446,818,000 to 493,524,000, a change of 46,706,000 (10.5%).
- Net income of 297,737,000 contributed positively to equity growth.
- Dividend payments of 239,990,000 reduced retained earnings.
- Other factors decreased equity by 11,041,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$297.74 Million | +60.33% |
| Dividends Paid | NT$239.99 Million | -48.63% |
| Other Changes | NT$-11.04 Million | -2.24% |
| Total Change | NT$- | 10.45% |
Book Value vs Market Value Analysis
This analysis compares Sunfun Info 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: 1.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.54x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | NT$15.96 | NT$24.65 | x |
| 2020-12-31 | NT$18.48 | NT$24.65 | x |
| 2021-12-31 | NT$19.69 | NT$24.65 | x |
| 2022-12-31 | NT$20.07 | NT$24.65 | x |
| 2023-12-31 | NT$22.16 | NT$24.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sunfun Info 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): 60.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.44%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 2.96x
- Recent ROE (60.33%) is above the historical average (56.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 64.72% | 20.89% | 1.76x | 1.76x | NT$183.12 Million |
| 2020 | 45.12% | 18.01% | 1.37x | 1.83x | NT$144.24 Million |
| 2021 | 57.18% | 15.14% | 1.82x | 2.08x | NT$206.11 Million |
| 2022 | 55.11% | 13.42% | 1.63x | 2.52x | NT$201.57 Million |
| 2023 | 60.33% | 14.44% | 1.41x | 2.96x | NT$248.38 Million |
Industry Comparison
This section compares Sunfun Info Co. Ltd.'s net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $653,253,500
- Average return on equity (ROE) among peers: 10.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sunfun Info Co. Ltd. (5278) | NT$549.17 Million | 64.72% | 3.79x | $95.76 Million |
| Newretail Co Ltd (3085) | $171.06 Million | -12.63% | 0.51x | $4.55 Million |
| Addcn Technology Co Ltd (5287) | $1.85 Billion | 26.97% | 0.21x | $165.95 Million |
| Art Emperor Technology And Culture Co., Ltd. (6650) | $453.02 Million | 15.58% | 1.14x | $7.24 Million |
| Flashaim Inc. (7551) | $143.10 Million | 13.66% | 0.91x | $2.42 Million |