JE Cleantech Holdings Ltd (JCSE) - Net Assets
Based on the latest financial reports, JE Cleantech Holdings Ltd (JCSE) has net assets worth $12.33 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 ($25.64 Million) and total liabilities ($13.31 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 asset resilience ratio of JE Cleantech Holdings Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $12.33 Million |
| % of Total Assets | 48.1% |
| Annual Growth Rate | 31.68% |
| 5-Year Change | 177.43% |
| 10-Year Change | N/A |
| Growth Volatility | 178.33 |
JE Cleantech Holdings Ltd - Net Assets Trend (2019–2024)
This chart illustrates how JE Cleantech Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore JCSE total asset value for the complete picture of this company's asset base.
Annual Net Assets for JE Cleantech Holdings Ltd (2019–2024)
The table below shows the annual net assets of JE Cleantech Holdings Ltd from 2019 to 2024. For live valuation and market cap data, see JE Cleantech Holdings Ltd (JCSE) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $16.49 Million | -1.32% |
| 2023-12-31 | $16.71 Million | +2.65% |
| 2022-12-31 | $16.28 Million | +438.57% |
| 2021-12-31 | $3.02 Million | -49.15% |
| 2020-12-31 | $5.95 Million | +42.77% |
| 2019-12-31 | $4.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to JE Cleantech Holdings Ltd'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 97.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.16 Million | 7.02% |
| Common Stock | $21.00K | 0.13% |
| Other Comprehensive Income | $-128.00K | -0.78% |
| Other Components | $15.44 Million | 93.63% |
| Total Equity | $16.49 Million | 100.00% |
JE Cleantech Holdings Ltd Competitors by Market Cap
The table below lists competitors of JE Cleantech Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trinex Minerals Ltd
AU:TX3
|
$5.95 Million |
|
Henderson Far East Income Ltd
LSE:HFEL
|
$5.95 Million |
|
New Age Exploration Ltd
AU:NAE
|
$5.95 Million |
|
Bernard Loisea
PA:ALDBL
|
$5.95 Million |
|
Fancy Wood Industries Public Company Limited
BK:FANCY
|
$5.94 Million |
|
LCL Resources Ltd
AU:LCL
|
$5.94 Million |
|
Ho Wah Genting Bhd
KLSE:9601
|
$5.93 Million |
|
Moving iMage Technologies Inc
NYSE MKT:MITQ
|
$5.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JE Cleantech Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,713,000 to 16,493,000, a change of -220,000 (-1.3%).
- Net income of 32,000 contributed positively to equity growth.
- Dividend payments of 643,000 reduced retained earnings.
- Share repurchases of 48,000 reduced equity.
- Other comprehensive income decreased equity by 27,000.
- Other factors increased equity by 466,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $32.00K | +0.19% |
| Dividends Paid | $643.00K | -3.9% |
| Share Repurchases | $48.00K | -0.29% |
| Other Comprehensive Income | $-27.00K | -0.16% |
| Other Changes | $466.00K | +2.83% |
| Total Change | $- | -1.32% |
Book Value vs Market Value Analysis
This analysis compares JE Cleantech Holdings Ltd'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: 0.35x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.07x to 0.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.28 | $1.13 | x |
| 2020-12-31 | $0.40 | $1.13 | x |
| 2021-12-31 | $0.20 | $1.13 | x |
| 2022-12-31 | $1.15 | $1.13 | x |
| 2023-12-31 | $3.34 | $1.13 | x |
| 2024-12-31 | $3.23 | $1.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JE Cleantech Holdings Ltd 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): 0.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.17%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 2.13x
- Recent ROE (0.19%) is below the historical average (8.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 8.21% | 1.88% | 0.95x | 4.58x | $-74.40K |
| 2020 | 29.05% | 8.07% | 0.98x | 3.66x | $1.13 Million |
| 2021 | 2.05% | 0.42% | 0.80x | 6.10x | $-240.30K |
| 2022 | 7.32% | 6.40% | 0.53x | 2.18x | $-436.10K |
| 2023 | 3.11% | 2.88% | 0.51x | 2.12x | $-1.15 Million |
| 2024 | 0.19% | 0.17% | 0.55x | 2.13x | $-1.62 Million |
Industry Comparison
This section compares JE Cleantech Holdings Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $814,759,465
- Average return on equity (ROE) among peers: 6.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JE Cleantech Holdings Ltd (JCSE) | $12.33 Million | 8.21% | 1.08x | $5.94 Million |
| Ametek Inc (AME) | $805.55 Million | 16.93% | 1.21x | $53.06 Billion |
| American Superconductor Corporation (AMSC) | $280.96 Million | 5.78% | 0.42x | $1.72 Billion |
| Smith AO Corporation (AOS) | $1.88 Billion | 28.33% | 0.72x | $6.84 Billion |
| ATS Corporation (ATS) | $650.55 Million | 6.08% | 1.10x | $2.89 Billion |
| Babcock & Wilcox Enterprises Inc (BW) | $561.00 Million | -20.61% | 1.73x | $1.90 Billion |
| Broadwind Energy Inc (BWEN) | $-5.31 Million | 0.00% | 0.00x | $50.81 Million |
| Clean Energy Technologies, Inc. Common Stock (CETY) | $-1.72 Million | 0.00% | 0.00x | $5.97 Million |
| Cummins Inc (CMI) | $3.06 Billion | 23.40% | 1.44x | $74.50 Billion |
| Crane Company (CR) | $651.29 Million | 13.61% | 0.98x | $9.93 Billion |
| CSW Industrials, Inc. (CSW) | $265.76 Million | -4.47% | 0.28x | $4.86 Billion |
About JE Cleantech Holdings Ltd
JE Cleantech Holdings Limited, an investment holding company, designs, develops, manufactures, and sells cleaning systems for various industrial end-use applications in Singapore, Malaysia, and internationally. The company provides various cleaning systems and other equipment, including aqueous washing systems, plating and cleaning systems, train cleaning systems, and filtration units, as well as… Read more