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Sunny Optical Technology (Group) Co (HKSE:02382) Enterprise Value : HK$28,921 Mil (As of May. 14, 2024)


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What is Sunny Optical Technology (Group) Co Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Sunny Optical Technology (Group) Co's Enterprise Value is HK$28,921 Mil. Sunny Optical Technology (Group) Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,977 Mil. Therefore, Sunny Optical Technology (Group) Co's EV-to-EBIT ratio for today is 14.63.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Sunny Optical Technology (Group) Co's Enterprise Value is HK$28,921 Mil. Sunny Optical Technology (Group) Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$4,238 Mil. Therefore, Sunny Optical Technology (Group) Co's EV-to-EBITDA ratio for today is 6.82.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Sunny Optical Technology (Group) Co's Enterprise Value is HK$28,921 Mil. Sunny Optical Technology (Group) Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$34,652 Mil. Therefore, Sunny Optical Technology (Group) Co's EV-to-Revenue ratio for today is 0.83.


Sunny Optical Technology (Group) Co Enterprise Value Historical Data

The historical data trend for Sunny Optical Technology (Group) Co's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sunny Optical Technology (Group) Co Enterprise Value Chart

Sunny Optical Technology (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 145,692.55 178,896.52 260,078.60 89,208.67 61,004.89

Sunny Optical Technology (Group) Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 260,078.60 131,404.61 89,208.67 70,180.46 61,004.89

Competitive Comparison of Sunny Optical Technology (Group) Co's Enterprise Value

For the Electronic Components subindustry, Sunny Optical Technology (Group) Co's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sunny Optical Technology (Group) Co's Enterprise Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sunny Optical Technology (Group) Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Sunny Optical Technology (Group) Co's Enterprise Value falls into.



Sunny Optical Technology (Group) Co Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Sunny Optical Technology (Group) Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Sunny Optical Technology (Group) Co's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sunny Optical Technology (Group) Co  (HKSE:02382) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Sunny Optical Technology (Group) Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=28921.289/1976.788
=14.63

Sunny Optical Technology (Group) Co's current Enterprise Value is HK$28,921 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Sunny Optical Technology (Group) Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,977 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Sunny Optical Technology (Group) Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=28921.289/4237.883
=6.82

Sunny Optical Technology (Group) Co's current Enterprise Value is HK$28,921 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Sunny Optical Technology (Group) Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$4,238 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Sunny Optical Technology (Group) Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=28921.289/34652.318
=0.83

Sunny Optical Technology (Group) Co's current Enterprise Value is HK$28,921 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Sunny Optical Technology (Group) Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$34,652 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sunny Optical Technology (Group) Co Enterprise Value Related Terms

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Sunny Optical Technology (Group) Co (HKSE:02382) Business Description

Traded in Other Exchanges
Address
No. 66-68, Fengle Road, Zhejiang Province, Yuyao, CHN, 315400
Headquartered in Yuyao, China, Sunny Optical is China's biggest handset camera modules maker and the world's largest handset lens sets manufacturer. Higher-margin lens sets are used on smartphones, vehicles, and augmented/virtual reality. Sunny Optical is a key beneficiary of the secular growth of mobile and vehicle camera demand, as smartphone manufacturers seek differentiated camera features and advanced driver-assistance systems witness rising adoption among automakers. The firm also manufactures optical instruments, such as high-end microscopes and optical measuring instruments. The company employed over 26,610 people as of December 2022.

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