Sunny Optical Technology

2382
Passed

Company Overview

Shunyu Optical Technology (Group) Co., Ltd. (“Company” or “Sunyu Optical Technology”, together with its subsidiary “Group”) (stock code: 2382.HK) is a leading global manufacturer of integrated optical components and products. The Group is mainly engaged in the design, research and development (“R&D”), production and sale of optics and optical-related products. Such products include optical components (such as vehicle lenses, vehicle lidar (“lidar”) optical components, virtual reality (“VR”) spatial positioning lenses, mobile phone lenses, glass spherical lenses, and other optical components) (“optical components”), optoelectronic products (such as vehicle modules, VR vision modules, mobile phone camera modules, robot vision stereoscopic color (“RGBD”) modules, and other optoelectronic modules) (“optoelectronic products”) and optical instruments (such as intelligent inspection equipment and microscopes) (“optical instruments”). The Group focuses on the application fields of optoelectronic products combining optics, electronics, algorithms and mechanical technology: such as automobiles, VR/augmented reality (“AR”), robots and mobile phones.

Country
HK
Market Cap
$9.90B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
1.19% passed
5% Threshold
1.2%
Liabilities Compliance
7.94% passed
33% Threshold
7.9%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Sunny Optical Technology
Ticker 2382
Main Business Electronic Components
Type Common Stock
Industry Electronic Components
Country HK
Market Cap $9.90 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Optoelectronic Products $23,325,866,000.0 $0.0 -
Optical Instruments $403,493,000.0 $0.0 -
Optical Components $9,467,578,000.0 $0.0 -
Government grants $166,555,000.0 $0.0 -
Interest income from time deposits, short term fixed deposits, pledged bank deposits and bank balances $198,203,000.0 $198,203,000.0 -
Interest income from debt instruments $895,000.0 $895,000.0 -
Investment income from unlisted financial products at FVTPL $197,487,000.0 $197,487,000.0 -
Interest income from small loan services $6,308,000.0 $6,308,000.0 -
Total $33,766,385,000.0 $402,893,000.0 1.19% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
bank loans and overdrafts $97,899,159.7 0.99%
derivative financial instrument current liabilities $5,781,512.6 0.06%
long term bank loan $275,910,364.1 2.79%
convertible notes and bonds $406,162,465.0 4.10%
Total Interest-Bearing Debt $785,753,501.4 7.94%
Market Capitalization $9,900,833,333.3 100.00%
Compliance Status Threshold: 33% passed