The company reports three operating segments. These are optical components, optoelectronic products and optical instruments. Sunny Optical focuses on optoelectronic-related products, which combine optics, electronics, algorithms and mechanical technology for use in vehicles, VR, augmented reality, robots and handsets. The company trades at HK$48.25 ($8.29), giving it a market cap of HK$53 billion.
An undervalued stock in a moribund market presents a buying opportunity
Hong Kong-listed Sunny Optical Technology Group Co is a leading global integrated optical components and products manufacturer. The company’s principal business involves the R&D, manufacture and sales of optical and optical-related products.
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