Joyware Electronics Co Ltd
Joyware Electronics Co.,Ltd provides video surveillance products in China. The company offers front end products, such as IPC, ball machine, PTZ camera, and other products; transmission products, including industrial ethernet, layer 3 switch, optical transceiver products, POE switch, and other products; smart transportation, which includes capture units, radar products, event detection products, … Read more
Joyware Electronics Co Ltd (300270) - Net Assets
Latest net assets as of September 2025: CN¥555.66 Million CNY
Based on the latest financial reports, Joyware Electronics Co Ltd (300270) has net assets worth CN¥555.66 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥786.24 Million) and total liabilities (CN¥230.58 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥555.66 Million |
| % of Total Assets | 70.67% |
| Annual Growth Rate | 21.94% |
| 5-Year Change | -24.25% |
| 10-Year Change | 3.95% |
| Growth Volatility | 111.87 |
Joyware Electronics Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Joyware Electronics Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Joyware Electronics Co Ltd (2008–2024)
The table below shows the annual net assets of Joyware Electronics Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥600.60 Million | -9.25% |
| 2023-12-31 | CN¥661.79 Million | -12.63% |
| 2022-12-31 | CN¥757.42 Million | +0.72% |
| 2021-12-31 | CN¥752.01 Million | -5.15% |
| 2020-12-31 | CN¥792.86 Million | -14.28% |
| 2019-12-31 | CN¥924.98 Million | -10.21% |
| 2018-12-31 | CN¥1.03 Billion | +52.08% |
| 2017-12-31 | CN¥677.39 Million | +8.31% |
| 2016-12-31 | CN¥625.43 Million | +8.25% |
| 2015-12-31 | CN¥577.75 Million | +9.70% |
| 2014-12-31 | CN¥526.66 Million | +10.24% |
| 2013-12-31 | CN¥477.72 Million | +1.09% |
| 2012-12-31 | CN¥472.57 Million | +9.59% |
| 2011-12-31 | CN¥431.21 Million | +459.43% |
| 2010-12-31 | CN¥77.08 Million | +53.90% |
| 2009-12-31 | CN¥50.09 Million | +99.29% |
| 2008-12-31 | CN¥25.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Joyware Electronics Co 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 decreased by 1611.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥302.81 Million | 49.89% |
| Other Comprehensive Income | CN¥35.14 Million | 5.79% |
| Other Components | CN¥474.47 Million | 78.18% |
| Total Equity | CN¥606.90 Million | 100.00% |
Joyware Electronics Co Ltd Competitors by Market Cap
The table below lists competitors of Joyware Electronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Minkave Technology Co Ltd
SHE:300506
|
$365.66 Million |
|
ENF Technology Co. Ltd
KQ:102710
|
$365.99 Million |
|
CHINA EAST ED HLDGS LTD
F:ZX3
|
$365.99 Million |
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
|
$366.07 Million |
|
Agriculture & Natural Solutions Acquisition Corporation Unit
NASDAQ:ANSCU
|
$365.44 Million |
|
Yangzhou Seashine New Materials Co
SHE:300885
|
$365.40 Million |
|
Instalco AB
LSE:0RP5
|
$365.28 Million |
|
AIC Inc
TWO:3693
|
$365.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Joyware Electronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 664,438,495 to 606,898,628, a change of -57,539,867 (-8.7%).
- Net loss of 62,813,419 reduced equity.
- Dividend payments of 677,952 reduced retained earnings.
- Other comprehensive income increased equity by 35,138,721.
- Other factors decreased equity by 29,187,216.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-62.81 Million | -10.35% |
| Dividends Paid | CN¥677.95K | -0.11% |
| Other Comprehensive Income | CN¥35.14 Million | +5.79% |
| Other Changes | CN¥-29.19 Million | -4.81% |
| Total Change | CN¥- | -8.66% |
Book Value vs Market Value Analysis
This analysis compares Joyware Electronics Co 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: 5.30x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 85.22x to 5.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.13 | CN¥10.75 | x |
| 2009-12-31 | CN¥0.25 | CN¥10.75 | x |
| 2010-12-31 | CN¥0.39 | CN¥10.75 | x |
| 2011-12-31 | CN¥1.91 | CN¥10.75 | x |
| 2012-12-31 | CN¥1.80 | CN¥10.75 | x |
| 2013-12-31 | CN¥1.84 | CN¥10.75 | x |
| 2014-12-31 | CN¥2.00 | CN¥10.75 | x |
| 2015-12-31 | CN¥2.17 | CN¥10.75 | x |
| 2016-12-31 | CN¥2.30 | CN¥10.75 | x |
| 2017-12-31 | CN¥2.53 | CN¥10.75 | x |
| 2018-12-31 | CN¥3.57 | CN¥10.75 | x |
| 2019-12-31 | CN¥3.07 | CN¥10.75 | x |
| 2020-12-31 | CN¥2.65 | CN¥10.75 | x |
| 2021-12-31 | CN¥2.50 | CN¥10.75 | x |
| 2022-12-31 | CN¥2.52 | CN¥10.75 | x |
| 2023-12-31 | CN¥2.19 | CN¥10.75 | x |
| 2024-12-31 | CN¥2.03 | CN¥10.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Joyware Electronics Co 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): -10.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -34.41%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.45x
- Recent ROE (-10.35%) is below the historical average (7.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 49.28% | 29.69% | 1.16x | 1.44x | CN¥9.87 Million |
| 2009 | 36.16% | 31.62% | 0.89x | 1.29x | CN¥13.10 Million |
| 2010 | 44.75% | 36.13% | 0.73x | 1.69x | CN¥26.79 Million |
| 2011 | 8.47% | 31.29% | 0.25x | 1.07x | CN¥-6.60 Million |
| 2012 | 9.60% | 32.13% | 0.27x | 1.09x | CN¥-1.89 Million |
| 2013 | 3.21% | 12.80% | 0.23x | 1.07x | CN¥-32.31 Million |
| 2014 | 7.99% | 20.62% | 0.31x | 1.27x | CN¥-10.56 Million |
| 2015 | 7.37% | 16.86% | 0.33x | 1.34x | CN¥-15.18 Million |
| 2016 | 6.96% | 14.76% | 0.33x | 1.44x | CN¥-19.05 Million |
| 2017 | 6.71% | 11.22% | 0.37x | 1.63x | CN¥-22.36 Million |
| 2018 | -3.08% | -10.35% | 0.21x | 1.44x | CN¥-134.92 Million |
| 2019 | -9.45% | -37.12% | 0.18x | 1.43x | CN¥-180.02 Million |
| 2020 | -14.61% | -55.52% | 0.19x | 1.36x | CN¥-195.06 Million |
| 2021 | -6.86% | -21.08% | 0.25x | 1.33x | CN¥-125.88 Million |
| 2022 | 0.58% | 1.24% | 0.33x | 1.44x | CN¥-70.99 Million |
| 2023 | -11.43% | -49.84% | 0.16x | 1.46x | CN¥-142.38 Million |
| 2024 | -10.35% | -34.41% | 0.21x | 1.45x | CN¥-123.50 Million |
Industry Comparison
This section compares Joyware Electronics Co Ltd's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $1,967,013,849
- Average return on equity (ROE) among peers: 13.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Joyware Electronics Co Ltd (300270) | CN¥555.66 Million | 49.28% | 0.41x | $365.57 Million |
| Zhejiang Dahua Technology Co Ltd (002236) | $8.43 Billion | 21.66% | 0.82x | $3.97 Billion |
| Shenzhen Infinova Ltd (002528) | $3.67 Billion | 3.78% | 0.49x | $240.84 Million |
| Shenzhen TVT Digital Technology Co Ltd (002835) | $1.19 Billion | 16.91% | 0.26x | $194.68 Million |
| Jade Bird Fire Alarm (002960) | $312.42 Million | 39.55% | 0.76x | $669.57 Million |
| Beijing Telesound Electronics Co Ltd (003004) | $227.69 Million | 31.85% | 0.74x | $135.61 Million |
| Guangdong Anjubao Digital Tech (300155) | $1.33 Billion | -2.95% | 0.14x | $178.64 Million |
| Xiamen Meiya Pico Information (300188) | $850.91 Million | 6.61% | 0.23x | $820.69 Million |
| Chongqing Mas Sci&Tech (300275) | $894.00 Million | 6.22% | 0.51x | $378.98 Million |
| Sinosun Tech (300333) | $807.95 Million | -2.48% | 0.08x | $392.33 Million |