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Sunny Optical Technology Group Co Ltd
HKEX:2382

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Sunny Optical Technology Group Co Ltd
HKEX:2382
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Price: 63.3 HKD -2.39% Market Closed
Market Cap: HK$68.3B

P/B

2
Current
27%
Cheaper
vs 3-y average of 2.7

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2
=
Market Cap
HK$62.3B
/
Total Equity
¥29.1B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2
=
Market Cap
HK$62.3B
/
Total Equity
¥29.1B

Valuation Scenarios

Sunny Optical Technology Group Co Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (2.7), the stock would be worth HK$86.33 (36% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+85%
Average Upside
53%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2 HK$63.3
0%
3-Year Average 2.7 HK$86.33
+36%
5-Year Average 3.3 HK$106.27
+68%
Industry Average 3.7 HK$116.99
+85%
Country Average 2.4 HK$77.88
+23%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in China
Percentile
41th
Based on 7 605 companies
41th percentile
2
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Sunny Optical Technology Group Co Ltd
Glance View

Sunny Optical Technology Group Co Ltd., an emblem of innovation in the fast-paced world of optical manufacturing, has carved a definitive niche for itself as a global leader in designing and producing high-quality optical components. Headquartered in China, the company has skillfully navigated the competitive landscape by focusing on the research and development of integrated optical and optoelectronic products. Its extensive product portfolio ranges from precision lenses and lens sets to camera modules and other cutting-edge optical instruments, primarily catering to the consumer electronics, automotive, and industrial markets. This diversified product range not only highlights the company’s technological prowess but also positions it strategically across various high-demand sectors, reflecting its deep understanding of market dynamics and trends. The company’s business model intricately weaves together multiple revenue streams primarily by capitalizing on its advanced manufacturing capabilities and robust supply chain management. Sunny Optical leverages its extensive R&D investments to stay ahead in innovation, driving efficiency and scaling up production in a cost-effective manner. Moreover, by forming strategic alliances and collaborations with major technology players, Sunny Optical ensures a steady demand for its components, particularly in the burgeoning fields of smartphone cameras and vehicle imaging systems. The seamless integration of its manufacturing prowess with its customer-focused approach allows it to deliver tailored solutions, thereby maintaining its competitive edge and securing steady financial returns in an ever-evolving technology landscape.

Intrinsic Value
108.82 HKD
Undervaluation 42%
Intrinsic Value
Price HK$63.3
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