**Revenue distribution by industry:**
- **Electronics industry:** approx. 40%
- **Automotive industry:** approx. 30%
- **Telecommunications:** approx. 20%
- **Other industries:** approx. 10%

**TOP 3 markets and their percentage shares:**
- **China:** approx. 50%
- **USA:** approx. 25%
- **Germany:** approx. 15%

Sunshine Global Circuits Co., Ltd. generates the majority of its revenue from the electronics industry, followed by the automotive and telecommunications sectors. The Chinese market is the company's largest single market, driven by strong local production and demand. The USA and Germany are also significant markets benefiting from high demand for high-quality circuit boards in the automotive and electronics industries.

**Production Sites:** Shenzhen, China; Jiangmen, China

Sunshine Global Circuits Co., Ltd. mainly produces its products in China, with significant production facilities in Shenzhen and Jiangmen. These locations are strategically chosen to benefit from the well-developed infrastructure and proximity to key suppliers and markets. Concentrating production in China enables the company to achieve cost efficiency while meeting the high demand for circuit boards in the electronics industry.

**Revenue Growth:** Estimated 10% annually (2026)

**Focus on Technological Innovation:** Sunshine Global Circuits Co., Ltd. is focusing on technological innovations to strengthen its market position. The company continuously invests in research and development to offer new and improved circuit board solutions.

**Expansion of Production Capacities:** To meet the increasing demand, the company plans to expand its production capacities by constructing new facilities and modernizing existing ones.

**Market Expansion:** Sunshine Global Circuits aims to enhance its presence in international markets, especially in North America and Europe, where the demand for high-quality circuit boards is growing.

**Sustainability Initiatives:** The company is committed to implementing sustainable practices to meet environmental standards and improve its environmental footprint. This could also open up new market opportunities as more customers are focusing on eco-friendly products.

These strategic measures are intended to enable the company to grow in a competitive market environment and continuously increase its revenues.

**Main raw materials:** Copper, epoxy resins, glass fibers

**Countries of origin:**
- **Copper:** Chile, Peru
- **Epoxy resins:** USA, Germany
- **Glass fibers:** China, Japan

Sunshine Global Circuits Co., Ltd. is a manufacturer of printed circuit boards that relies on a variety of raw materials. The key materials are copper, epoxy resins, and glass fibers. Copper is mainly imported from Chile and Peru, as these countries are among the largest copper producers in the world. Epoxy resins are sourced from the USA and Germany, where leading chemical companies are located. Glass fibers are both locally produced in China and imported from Japan to ensure quality and availability.

This import strategy enables Sunshine Global Circuits to ensure the quality of their products while benefiting from the best available sources of raw materials worldwide.

**Market Share:** Estimated 8% (2026)
**EBITDA Margin:** 18% (2025)
**R&D Expenses:** 5% of revenue (2025)

Sunshine Global Circuits Co., Ltd. has established a solid competitive advantage in the printed circuit board industry. The company benefits from a strong market position, especially in Asia, where it holds a significant market share. The EBITDA margin of 18% demonstrates an efficient cost structure and the ability to operate profitably.

Another important factor is the focus on research and development, with approximately 5% of revenue invested in this area. This enables the company to develop innovative products and differentiate itself from competitors.

In addition, diversification of the customer base and the ability to offer customized solutions contribute to strengthening the competitive advantage. The continuous expansion of production capacities and investment in advanced manufacturing technologies also support the company's market position.

**Institutional Investor Share:** Estimated at 35% (2026)

**Insider Buys/Sells:** No significant transactions reported (2026)

The institutional investor share in Sunshine Global Circuits Co., Ltd. is estimated at around 35%. This suggests that a significant portion of the shares are held by institutional investors, indicating a certain level of confidence in the company's long-term performance.

No significant insider transactions were reported for the year 2026. This could indicate that the management and other insiders do not currently expect any major changes in the company's valuation or that they are satisfied with the current strategic direction.

**Market share of Sunshine Global Circuits Co., Ltd.:** 5% (estimated, 2026)

**Top competitors and their market shares:**
1. **Shenzhen Kinwong Electronic Co., Ltd.:** 12%
2. **Shennan Circuits Co., Ltd.:** 10%
3. **Zhen Ding Technology Holding Limited:** 8%
4. **TTM Technologies, Inc.:** 7%
5. **Unimicron Technology Corp.:** 6%
6. **Sunshine Global Circuits Co., Ltd.:** 5%
7. **Tripod Technology Corporation:** 4%
8. **Compeq Manufacturing Co., Ltd.:** 3%
9. **AT&S Austria Technologie & Systemtechnik AG:** 3%
10. **Meiko Electronics Co., Ltd.:** 2%

**Moat of Sunshine Global Circuits Co., Ltd.:**

Sunshine Global Circuits Co., Ltd. has a moderate moat, mainly based on their specialized manufacturing technology and a stable customer base. Their advantage lies in the ability to offer custom PCB solutions that are in demand in specific niche markets.

Compared to larger competitors like Shenzhen Kinwong Electronic Co., Ltd. and Shennan Circuits Co., Ltd., which have more extensive production capacities and a broader product portfolio, the moat of Sunshine Global Circuits is less pronounced. These larger companies benefit from economies of scale and a stronger global presence, giving them a significant competitive advantage.

Overall, the PCB market is highly competitive, and while Sunshine Global Circuits is competitive in certain areas, the leading companies tend to have stronger moats due to their size, innovation capabilities, and global reach.

**Revenue Growth:** 10% (2025 vs. 2024)
**Profit Growth:** 8% (2025 vs. 2024)
**Market Share in the Industry:** 5% (2025)

Sunshine Global Circuits Co., Ltd. achieved a solid revenue growth of 10% in 2025, attributed to increased demand for their products and successful expansion into new markets. The 8% profit growth indicates the company's ability to effectively manage costs and enhance profitability.

The company holds a 5% market share in the printed circuit board industry, signaling a stable market position. Given the continuous technological innovations and rising demand for electronic components, Sunshine Global Circuits could benefit from future growth opportunities.

The company's long-term growth prospects appear promising, especially through investments in research and development as well as strategic partnerships. However, investors should also consider general market conditions and potential risks in the industry before making an investment decision.

**Dividend Yield:** 2.5% (estimated for 2026)

Sunshine Global Circuits Co., Ltd. has distributed dividends in recent years, with the dividend yield estimated to be around 2.5% in 2026. The reliability of the distribution depends on several factors, including the financial stability of the company, profit development, and the general market situation.

In recent years, the company has pursued a consistent dividend policy, indicating a certain level of reliability. However, investors should continue to monitor the financial performance and strategic decisions of the company to assess the sustainability of dividend payments.