Sunny Optical Technology Group Co Ltd
HKEX:2382
Intrinsic Value
Sunny Optical Technology (Group) Co. Ltd. engages in the design, manufacture, and sale of optical and optical devices products. [ Read More ]
The intrinsic value of one Sunny Optical Technology Group Co Ltd stock under the Base Case scenario is 86.1 HKD. Compared to the current market price of 39.95 HKD, Sunny Optical Technology Group Co Ltd is Undervalued by 54%.
Valuation Backtest
Sunny Optical Technology Group Co Ltd
Run backtest to discover the historical profit from buying and selling Sunny Optical Technology Group Co Ltd stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Sunny Optical Financial Struggles Amid Growth
2023-Q2 Earnings Call
Sunny Optical experienced a challenging first half, with the smartphone sector still bottoming out, which is the company's largest revenue source. Despite strong vehicle lens set business, overall revenue dropped by 15.9% to CNY 14.2 billion, and net profit earnings per share plunged by 67.8%. Operating expenditures are up, and gross profit margin has decreased due to the downturn in smartphone demand, but efforts to improve efficiency are expected to bring operating expenses under 12%. The company sees vehicle-related products growing, while investments continue across XR business, new factories, and tech upgrades totaling CNY 2.5 billion. Optimism is geared towards the second half with improving gross profit margins, enhanced cost efficiency, and R&D advancements, including a focus on autonomous driving and XR deployments.
Balance Sheet Decomposition
Sunny Optical Technology Group Co Ltd
Current Assets | 32B |
Cash & Short-Term Investments | 20.6B |
Receivables | 6.4B |
Other Current Assets | 5B |
Non-Current Assets | 14.7B |
Long-Term Investments | 3B |
PP&E | 11.2B |
Intangibles | 224.7m |
Other Non-Current Assets | 246.4m |
Current Liabilities | 18.2B |
Accounts Payable | 4.6B |
Accrued Liabilities | 1.7B |
Other Current Liabilities | 12B |
Non-Current Liabilities | 6.7B |
Long-Term Debt | 5.1B |
Other Non-Current Liabilities | 1.6B |
Earnings Waterfall
Sunny Optical Technology Group Co Ltd
Revenue
|
30.5B
CNY
|
Cost of Revenue
|
-25.3B
CNY
|
Gross Profit
|
5.2B
CNY
|
Operating Expenses
|
-3.6B
CNY
|
Operating Income
|
1.6B
CNY
|
Other Expenses
|
-141.1m
CNY
|
Net Income
|
1.5B
CNY
|
Free Cash Flow Analysis
Sunny Optical Technology Group Co Ltd
What is Free Cash Flow?
Profitability Score
Profitability Due Diligence
Sunny Optical Technology Group Co Ltd's profitability score is 51/100. The higher the profitability score, the more profitable the company is.
Score
Sunny Optical Technology Group Co Ltd's profitability score is 51/100. The higher the profitability score, the more profitable the company is.
Solvency Score
Solvency Due Diligence
Sunny Optical Technology Group Co Ltd's solvency score is 61/100. The higher the solvency score, the more solvent the company is.
Score
Sunny Optical Technology Group Co Ltd's solvency score is 61/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
Price Targets Summary
Sunny Optical Technology Group Co Ltd
According to Wall Street analysts, the average 1-year price target for Sunny Optical Technology Group Co Ltd is 76.75 HKD with a low forecast of 51.22 HKD and a high forecast of 103.74 HKD.
Shareholder Return
Price
Sunny Optical Technology Group Co Ltd
Average Annual Return | 14.7% |
Standard Deviation of Annual Returns | 51.4% |
Max Drawdown | -84% |
Market Capitalization | 43.8B HKD |
Shares Outstanding | 1 096 770 048 |
Percentage of Shares Shorted |
N/A
|
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Sunny Optical Technology (Group) Co. Ltd. engages in the design, manufacture, and sale of optical and optical devices products. The company is headquartered in Ningbo, Zhejiang. The company went IPO on 2007-06-15. The firm operates its business through three segments: Optical Components, Optoelectronic Products and Optical Instruments. Through its subsidiaries, the Company is also engaged in the research and development of infrared technologies. The firm distributes its products in domestic market and to overseas market.
Contact
IPO
Employees
Officers
The intrinsic value of one Sunny Optical Technology Group Co Ltd stock under the Base Case scenario is 86.1 HKD.
Compared to the current market price of 39.95 HKD, Sunny Optical Technology Group Co Ltd is Undervalued by 54%.