Franklin Wireless Corp (FKWL) - Net Assets
Based on the latest financial reports, Franklin Wireless Corp (FKWL) has net assets worth $38.36 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($53.28 Million) and total liabilities ($14.93 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Franklin Wireless Corp (FKWL) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $38.36 Million |
| % of Total Assets | 71.99% |
| Annual Growth Rate | 6.4% |
| 5-Year Change | -17.92% |
| 10-Year Change | 107.94% |
| Growth Volatility | 68.52 |
Franklin Wireless Corp - Net Assets Trend (1998–2025)
This chart illustrates how Franklin Wireless Corp's net assets have evolved over time, based on quarterly financial data. Also explore Franklin Wireless Corp asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Franklin Wireless Corp (1998–2025)
The table below shows the annual net assets of Franklin Wireless Corp from 1998 to 2025. For live valuation and market cap data, see FKWL market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $37.89 Million | +4.17% |
| 2024-06-30 | $36.38 Million | -9.99% |
| 2023-06-30 | $40.41 Million | -5.13% |
| 2022-06-30 | $42.60 Million | -7.72% |
| 2021-06-30 | $46.17 Million | +118.42% |
| 2020-06-30 | $21.14 Million | +38.37% |
| 2019-06-30 | $15.27 Million | -10.34% |
| 2018-06-30 | $17.04 Million | -10.85% |
| 2017-06-30 | $19.11 Million | +4.86% |
| 2016-06-30 | $18.22 Million | +11.97% |
| 2015-06-30 | $16.28 Million | +4.45% |
| 2014-06-30 | $15.58 Million | -5.63% |
| 2013-06-30 | $16.51 Million | -12.60% |
| 2012-06-30 | $18.89 Million | -0.42% |
| 2011-06-30 | $18.97 Million | +21.08% |
| 2010-06-30 | $15.67 Million | +69.65% |
| 2009-06-30 | $9.24 Million | +65.10% |
| 2008-06-30 | $5.59 Million | +235.79% |
| 2007-06-30 | $1.67 Million | +4259.49% |
| 2006-06-30 | $-40.05K | +93.41% |
| 2005-06-30 | $-607.46K | -253.18% |
| 2004-06-30 | $-172.00K | +92.63% |
| 2002-06-30 | $-2.33 Million | 0.00% |
| 2001-06-30 | $-2.33 Million | -147.57% |
| 2000-06-30 | $4.91 Million | -13.93% |
| 1999-06-30 | $5.70 Million | -19.72% |
| 1998-06-30 | $7.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Franklin Wireless Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3839410800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $24.89 Million | 72.06% |
| Common Stock | $14.26K | 0.04% |
| Other Comprehensive Income | $-1.15 Million | -3.32% |
| Other Components | $10.78 Million | 31.21% |
| Total Equity | $34.54 Million | 100.00% |
Franklin Wireless Corp Competitors by Market Cap
The table below lists competitors of Franklin Wireless Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elauwit Connection, Inc. Common Stock
NASDAQ:ELWT
|
$43.96 Million |
|
Change Financial Ltd
AU:CCA
|
$43.97 Million |
|
MODULIGHT OY EO 1
F:78W
|
$43.97 Million |
|
GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret AS
IS:GSDDE
|
$43.98 Million |
|
Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS
IS:BRKO
|
$43.90 Million |
|
ICAPE HOLDING EO -40
F:Z8J
|
$43.84 Million |
|
Uangel
KO:072130
|
$43.81 Million |
|
Daeryuk Can Co. Ltd
KQ:004780
|
$43.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Franklin Wireless Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 35,147,054 to 34,544,442, a change of -602,612 (-1.7%).
- Net loss of 243,101 reduced equity.
- Share repurchases of 408,663 reduced equity.
- Other comprehensive income increased equity by 35,963.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-243.10K | -0.7% |
| Share Repurchases | $408.66K | -1.18% |
| Other Comprehensive Income | $35.96K | +0.1% |
| Other Changes | $13.19K | +0.04% |
| Total Change | $- | -1.71% |
Book Value vs Market Value Analysis
This analysis compares Franklin Wireless Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.27x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.93x to 1.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-06-30 | $0.63 | $3.73 | x |
| 1999-06-30 | $0.51 | $3.73 | x |
| 2000-06-30 | $0.43 | $3.73 | x |
| 2002-06-30 | $-0.21 | $3.73 | x |
| 2005-06-30 | $-0.05 | $3.73 | x |
| 2006-06-30 | $-0.24 | $3.73 | x |
| 2007-06-30 | $9.09 | $3.73 | x |
| 2008-06-30 | $0.42 | $3.73 | x |
| 2009-06-30 | $0.70 | $3.73 | x |
| 2010-06-30 | $1.06 | $3.73 | x |
| 2011-06-30 | $1.45 | $3.73 | x |
| 2012-06-30 | $1.54 | $3.73 | x |
| 2013-06-30 | $1.49 | $3.73 | x |
| 2014-06-30 | $1.48 | $3.73 | x |
| 2015-06-30 | $1.48 | $3.73 | x |
| 2016-06-30 | $1.61 | $3.73 | x |
| 2017-06-30 | $1.70 | $3.73 | x |
| 2018-06-30 | $1.53 | $3.73 | x |
| 2019-06-30 | $1.40 | $3.73 | x |
| 2020-06-30 | $1.90 | $3.73 | x |
| 2021-06-30 | $3.85 | $3.73 | x |
| 2022-06-30 | $3.53 | $3.73 | x |
| 2023-06-30 | $3.32 | $3.73 | x |
| 2024-06-30 | $2.98 | $3.73 | x |
| 2025-06-30 | $2.93 | $3.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Franklin Wireless Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.53%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.49x
- Recent ROE (-0.70%) is above the historical average (-2.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -63.38% | -321.43% | 0.16x | 1.25x | $-5.21 Million |
| 1999 | -42.11% | -22.64% | 1.13x | 1.65x | $-2.97 Million |
| 2000 | -235.45% | -360.18% | 0.45x | 1.46x | $-12.04 Million |
| 2002 | 0.00% | -869.08% | 0.87x | 0.00x | $-10.59 Million |
| 2005 | 0.00% | -216.26% | 1.96x | 0.00x | $-592.50K |
| 2006 | 0.00% | -27.68% | 1.45x | 0.00x | $-273.58K |
| 2007 | 78.04% | 12.52% | 3.84x | 1.62x | $1.13 Million |
| 2008 | 70.02% | 11.28% | 3.09x | 2.01x | $3.36 Million |
| 2009 | 39.40% | 15.16% | 1.73x | 1.50x | $2.72 Million |
| 2010 | 32.86% | 4.69% | 3.94x | 1.78x | $3.32 Million |
| 2011 | 25.15% | 9.77% | 1.92x | 1.34x | $2.74 Million |
| 2012 | -0.71% | -0.53% | 0.76x | 1.75x | $-1.95 Million |
| 2013 | 1.07% | 0.53% | 1.41x | 1.42x | $-1.45 Million |
| 2014 | -6.34% | -3.14% | 1.39x | 1.45x | $-2.51 Million |
| 2015 | 4.83% | 1.64% | 1.87x | 1.57x | $-813.64K |
| 2016 | 9.41% | 2.69% | 1.88x | 1.85x | $-101.02K |
| 2017 | 4.83% | 1.80% | 1.50x | 1.78x | $-936.84K |
| 2018 | -12.99% | -6.96% | 1.20x | 1.56x | $-3.70 Million |
| 2019 | -9.97% | -4.04% | 1.72x | 1.43x | $-2.95 Million |
| 2020 | 27.27% | 7.39% | 1.15x | 3.21x | $3.52 Million |
| 2021 | 39.61% | 9.61% | 3.19x | 1.29x | $13.23 Million |
| 2022 | -9.17% | -15.68% | 0.46x | 1.27x | $-7.87 Million |
| 2023 | -7.35% | -6.23% | 0.81x | 1.47x | $-6.76 Million |
| 2024 | -11.28% | -12.87% | 0.66x | 1.33x | $-7.48 Million |
| 2025 | -0.70% | -0.53% | 0.90x | 1.49x | $-3.70 Million |
Industry Comparison
This section compares Franklin Wireless Corp's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $185,684,729
- Average return on equity (ROE) among peers: -257.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Franklin Wireless Corp (FKWL) | $38.36 Million | -63.38% | 0.39x | $43.96 Million |
| Applied Opt (AAOI) | $229.11 Million | -81.50% | 1.39x | $2.97 Billion |
| ADTRAN Inc (ADTN) | $479.52 Million | 7.35% | 0.39x | $829.20 Million |
| Airgain Inc (AIRG) | $3.05 Million | 117.49% | 1.86x | $58.36 Million |
| Akoustis Technologies, Inc. (AKTSQ) | $86.24 Million | -73.70% | 0.73x | $138.60K |
| Amplitech Group Inc (AMPG) | $91.07K | -845.48% | 3.88x | $51.62 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $725.26K |
| Ast Spacemobile Inc (ASTS) | $669.15 Million | -44.85% | 0.43x | $19.68 Billion |
| Aviat Networks Inc (AVNW) | $111.90 Million | -45.67% | 1.26x | $274.17 Million |
| Belden Inc (BDC) | $244.90 Million | 16.54% | 1.06x | $4.49 Billion |
| BK Technologies Inc (BKTI) | $32.50 Million | -3.38% | 1.43x | $295.52 Million |
About Franklin Wireless Corp
Franklin Wireless Corp. provides integrated wireless solutions in North America and Asia. The company offers 5G/4G wireless broadband products, such as portable wi-fi mobile hotspot routers, mobile hotspots, fixed wireless routers, and mobile device management (MDM) solutions. It also provides mobile device management that ensure security, compliance, and efficient operation across mobile environ… Read more