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Sunny Optical Technology (Group) Co Ltd (HK:2382)
:2382

Sunny Optical Technology (Group) Co (2382) AI Stock Analysis

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HK:2382

Sunny Optical Technology (Group) Co

(2382)

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Neutral 61 (OpenAI - 4o)
Rating:61Neutral
Price Target:
HK$71.00
▲(11.20% Upside)
Sunny Optical Technology's strong financial performance, characterized by revenue growth and profitability improvements, is offset by bearish technical indicators and a relatively high valuation. The absence of 2024 cash flow data and lack of earnings call insights add uncertainty, impacting the overall score.
Positive Factors
Revenue Growth
The significant revenue growth indicates strong demand for Sunny Optical's products, enhancing its market position and supporting long-term business expansion.
Profitability Improvement
Improved profitability margins suggest effective cost management and pricing strategies, which strengthen financial health and shareholder value over time.
Low Leverage
A low leverage ratio enhances financial stability and flexibility, allowing the company to invest in growth opportunities without significant financial strain.
Negative Factors
Cash Flow Uncertainty
The absence of recent cash flow data introduces uncertainty about the company's cash generation capabilities, potentially affecting its ability to fund operations and growth.
Operational Efficiency Challenges
Stagnant EBIT and declining EBITDA margins suggest potential inefficiencies in operations, which could hinder profitability improvements if not addressed.
Liability Increase
An increase in liabilities, even if slight, could indicate rising financial obligations that may impact future financial flexibility and risk profile.

Sunny Optical Technology (Group) Co (2382) vs. iShares MSCI Hong Kong ETF (EWH)

Sunny Optical Technology (Group) Co Business Overview & Revenue Model

Company DescriptionSunny Optical Technology (Group) Company Limited, an investment holding company, engages in designing, researching, developing, manufacturing, and selling optical and optical related products, and scientific instruments. The company's Optical Components segment offers glass spherical and aspherical lenses, handset lens sets, vehicle lens sets, security surveillance lens sets, and other lens sets. Its Optoelectronic Products segment comprise handset camera modules, three dimensional optoelectronic products, vehicle modules, and other optoelectronic modules. The company's Optical Instruments segment includes microscopes and intelligent inspection equipment for testing. Its optoelectronic-related products are used in handsets, digital cameras, vehicle imaging and sensing systems, security surveillance systems, virtual reality/augmented reality, and robots, which are combined with optical, electronic, algorithm, and mechanical technologies. In addition, the company engages in the research and development of infrared and semiconductor technologies; trading of optical instruments and optoelectronics products; property leasing activities; and development, service, and consultation of technology; provision of financing services; and import and export agency services. It operates primarily in the People's Republic of China, rest of Asia, Europe, North America, and internationally. The company was founded in 1984 and is headquartered in Yuyao, China.
How the Company Makes MoneySunny Optical generates revenue through the sale of its optical products and components to major global technology companies, particularly in the smartphone and consumer electronics markets. The company has established long-term relationships with key clients, including prominent smartphone manufacturers, which contribute significantly to its revenue stream. Additionally, Sunny Optical benefits from economies of scale and technological advancements that enable cost-effective production. The company's focus on research and development allows it to innovate and create high-quality optical solutions, further enhancing its market competitiveness. Strategic partnerships and collaborations with other technology firms also play a crucial role in driving revenue growth.

Sunny Optical Technology (Group) Co Financial Statement Overview

Summary
Sunny Optical Technology demonstrates robust revenue growth and improving profitability, with a solid balance sheet characterized by low leverage and increasing returns on equity. However, the absence of 2024 cash flow data limits a full assessment of cash generation capabilities, presenting a risk factor. The company is well-positioned in its industry, but operational efficiency and cash flow management need attention.
Income Statement
Sunny Optical Technology shows strong revenue growth with a 20.9% increase in 2024 compared to 2023. The gross profit margin improved to 18.3% from 14.5%, and net profit margin rose to 7.0% from 3.5%, indicating better profitability. However, EBIT margin remained relatively stable at 5.9%, and EBITDA margin slightly decreased to 11.1% from 12.2%, suggesting some operational efficiency challenges.
Balance Sheet
Sunny Optical Technology maintains a healthy balance sheet with a debt-to-equity ratio of approximately 0.25, pointing to low leverage. The return on equity (ROE) increased to 10.9% from 4.9% in 2023, reflecting improved shareholder returns. The equity ratio stands at 46.0%, indicating a strong equity position, but the slight increase in total liabilities warrants monitoring.
Cash Flow
The cash flow statement shows some concerns, as free cash flow data for 2024 is missing. Operating cash flow to net income ratio was unusually high in 2023 at 2.4, but data for 2024 is unavailable for comparison. While cash flow generation seems strong historically, the lack of 2024 data introduces uncertainty.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue39.09B38.29B31.68B33.20B37.50B38.00B
Gross Profit7.65B7.01B4.59B6.60B8.74B8.70B
EBITDA4.88B4.25B3.87B4.38B6.76B6.75B
Net Income3.27B2.70B1.10B2.41B4.99B4.87B
Balance Sheet
Total Assets55.80B53.81B50.30B43.00B38.77B35.44B
Cash, Cash Equivalents and Short-Term Investments24.05B21.36B21.51B18.12B15.04B11.63B
Total Debt6.65B6.14B5.78B6.44B6.21B6.11B
Total Liabilities29.20B28.51B27.42B20.82B17.88B18.61B
Stockholders Equity26.01B24.76B22.42B21.84B20.59B16.60B
Cash Flow
Free Cash Flow1.23B1.19B176.69M4.33B4.45B4.48B
Operating Cash Flow3.74B3.46B2.66B7.38B6.98B7.16B
Investing Cash Flow-6.45B-10.44B-1.49B-3.83B-2.90B-5.98B
Financing Cash Flow1.54B-1.57B4.86B-2.16B-1.24B-222.25M

Sunny Optical Technology (Group) Co Technical Analysis

Technical Analysis Sentiment
Negative
Last Price63.85
Price Trends
50DMA
67.81
Negative
100DMA
75.00
Negative
200DMA
71.87
Negative
Market Momentum
MACD
-0.62
Negative
RSI
39.75
Neutral
STOCH
40.58
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2382, the sentiment is Negative. The current price of 63.85 is below the 20-day moving average (MA) of 66.09, below the 50-day MA of 67.81, and below the 200-day MA of 71.87, indicating a bearish trend. The MACD of -0.62 indicates Negative momentum. The RSI at 39.75 is Neutral, neither overbought nor oversold. The STOCH value of 40.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2382.

Sunny Optical Technology (Group) Co Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
HK$24.69B18.3033.34%184.87%276.87%
70
Outperform
HK$4.34B10.658.91%3.25%19.25%-10.14%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
61
Neutral
HK$72.75B19.6613.28%0.82%7.53%87.77%
60
Neutral
HK$81.12B16.3914.34%1.84%17.48%10.65%
57
Neutral
HK$10.99B21.049.13%3.00%17.21%166.36%
56
Neutral
HK$33.64B26.766.17%4.33%-10.79%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2382
Sunny Optical Technology (Group) Co
63.85
1.70
2.74%
HK:0285
BYD Electronic (International) Co
35.20
-3.16
-8.23%
HK:1478
Q Technology (Group) Co
9.03
3.55
64.78%
HK:0710
BOE Varitronix
5.39
-0.53
-8.95%
HK:1415
Cowell e Holdings Inc.
28.18
1.28
4.76%
HK:6088
FIT Hon Teng Limited
4.49
0.95
26.84%

Sunny Optical Technology (Group) Co Corporate Events

Sunny Optical Updates Audit Committee Terms to Strengthen Governance
Dec 22, 2025

Sunny Optical Technology (Group) Company Limited has revised and formally adopted updated terms of reference for its board Audit Committee via a board resolution passed on 22 December 2025, reinforcing its alignment with Hong Kong listing governance requirements. The new terms specify that the Audit Committee must comprise at least three non-executive directors, with a majority being independent non-executive directors and at least one possessing appropriate professional accounting or financial management expertise, restrict former partners of the current audit firm from joining the committee for two years after leaving or divesting from the firm, and clarify that the committee’s chairman, secretary, and membership appointments or removals are subject to board resolution, thereby tightening oversight and enhancing the company’s audit and governance structure.

The most recent analyst rating on (HK:2382) stock is a Buy with a HK$90.00 price target. To see the full list of analyst forecasts on Sunny Optical Technology (Group) Co stock, see the HK:2382 Stock Forecast page.

Sunny Optical Overhauls Terms for Strategy and Development Committee
Dec 22, 2025

Sunny Optical Technology has updated and formally adopted new terms of reference for its Strategy and Development Committee, following approval by the board on 22 December 2025. The document clarifies the committee’s governance structure, specifying that it must comprise at least three members appointed by the board, with the board also designating the committee chairman and secretary, and retaining the power to revoke or expand appointments. It further stipulates that only committee members have the right to attend its meetings, although the board chairman, other directors and key executives such as business unit heads and finance representatives may be invited when appropriate, underscoring a more structured and centralized approach to the company’s strategic decision‑making process.

The most recent analyst rating on (HK:2382) stock is a Buy with a HK$90.00 price target. To see the full list of analyst forecasts on Sunny Optical Technology (Group) Co stock, see the HK:2382 Stock Forecast page.

Sunny Optical Reports Growth in Key Product Shipments for November 2025
Dec 10, 2025

Sunny Optical Technology announced its shipment volumes for November 2025, highlighting significant year-on-year growth in vehicle lens sets and handset camera modules, driven by increased customer demand. While some categories like handset lens sets and other lens sets saw a decline in month-on-month shipments, the overall growth in key areas suggests a positive impact on the company’s market positioning and operational performance.

The most recent analyst rating on (HK:2382) stock is a Buy with a HK$90.00 price target. To see the full list of analyst forecasts on Sunny Optical Technology (Group) Co stock, see the HK:2382 Stock Forecast page.

Sunny Optical Completes Strategic Equity Swap with Goertek Optical
Dec 8, 2025

Sunny Optical Technology has completed a significant transaction involving the transfer of a subsidiary’s entire equity interests in exchange for equity in Goertek Optical. This strategic move, finalized on December 8, 2025, is part of a Share Swap & Merger Agreement, which also included a further subscription for equity interests in Goertek Optical. The completion of these transactions has altered the shareholding structure of Goertek Optical, with Ningbo OmniLight and Goertek making substantial capital injections, positioning Sunny Optical to potentially enhance its market influence and operational capabilities within the optical technology sector.

The most recent analyst rating on (HK:2382) stock is a Buy with a HK$90.00 price target. To see the full list of analyst forecasts on Sunny Optical Technology (Group) Co stock, see the HK:2382 Stock Forecast page.

Sunny Optical Technology Reports Significant Growth in October Shipments
Nov 10, 2025

Sunny Optical Technology announced a significant increase in the shipment volumes of its major products for October 2025. Notably, vehicle lens sets saw a year-on-year increase of 40.3%, and handset camera modules increased by 33.2%, driven by rising customer demand. These figures suggest a strong market position and potential growth in the company’s operations, reflecting positively on its industry standing and stakeholder interests.

The most recent analyst rating on (HK:2382) stock is a Buy with a HK$96.90 price target. To see the full list of analyst forecasts on Sunny Optical Technology (Group) Co stock, see the HK:2382 Stock Forecast page.

Sunny Optical Shareholder Acquires Significant Stake, Signaling Growth Confidence
Nov 4, 2025

Sunny Optical Technology announced that Sun Xu Limited, a substantial shareholder, has acquired 720,000 ordinary shares of the company at approximately HK$74.0090 per share. This acquisition indicates confidence in the company’s long-term growth prospects. The company has ensured compliance with public float requirements following this transaction.

The most recent analyst rating on (HK:2382) stock is a Hold with a HK$83.00 price target. To see the full list of analyst forecasts on Sunny Optical Technology (Group) Co stock, see the HK:2382 Stock Forecast page.

Sunny Optical Technology Announces New Board Structure
Oct 28, 2025

Sunny Optical Technology has announced changes to its board of directors, effective from November 1, 2025. The new board structure includes a mix of executive, non-executive, and independent non-executive directors, with Mr. Wang Tan Jiong serving as the Chairman. The company has also outlined the composition of its four key committees, which are expected to enhance its strategic direction and governance. These changes are likely to impact the company’s operations and industry positioning positively, potentially benefiting stakeholders by strengthening leadership and decision-making processes.

The most recent analyst rating on (HK:2382) stock is a Hold with a HK$86.00 price target. To see the full list of analyst forecasts on Sunny Optical Technology (Group) Co stock, see the HK:2382 Stock Forecast page.

Sunny Optical Announces Leadership Changes with New Chairman Appointment
Oct 28, 2025

Sunny Optical Technology announced significant leadership changes effective November 1, 2025. Mr. Ye Liaoning has resigned as the chairman of the Board and executive director, transitioning to a consultancy role to ensure a smooth leadership transition. Mr. Wang Tan Jiong has been appointed as the new chairman of the Board and redesignated as an executive director. These changes are expected to maintain the company’s operational stability and strategic direction, with Mr. Wang bringing extensive experience in strategic planning and financial management to his new role.

The most recent analyst rating on (HK:2382) stock is a Hold with a HK$86.00 price target. To see the full list of analyst forecasts on Sunny Optical Technology (Group) Co stock, see the HK:2382 Stock Forecast page.

Sunny Optical Reports Strong September Shipment Growth
Oct 10, 2025

Sunny Optical Technology has reported its shipment volumes for September 2025, highlighting significant growth in certain product categories. Notably, the shipment of vehicle lens sets increased by 25.2% year-on-year, driven by heightened customer demand, while handset camera modules saw a 32.0% year-on-year increase, indicating strong market demand. These developments suggest a positive impact on the company’s operations and market positioning, particularly in the automotive and consumer electronics sectors.

The most recent analyst rating on (HK:2382) stock is a Buy with a HK$110.00 price target. To see the full list of analyst forecasts on Sunny Optical Technology (Group) Co stock, see the HK:2382 Stock Forecast page.

Sunny Optical Engages in Strategic Share Swap with Goertek Optical
Oct 9, 2025

Sunny Optical Technology has entered into a Share Swap & Merger Agreement with Goertek Optical, involving the transfer of its subsidiary’s entire equity interests in exchange for equity in Goertek Optical. This strategic move will result in Sunny Optical holding a significant stake in Goertek Optical, enhancing its market positioning and influence in the optical technology sector. The reorganization and capital injection are expected to strengthen the company’s operational capacity and shareholder value.

The most recent analyst rating on (HK:2382) stock is a Buy with a HK$110.00 price target. To see the full list of analyst forecasts on Sunny Optical Technology (Group) Co stock, see the HK:2382 Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 18, 2025