Shenzhen Jiawei Photovoltaic Lighting Co Ltd
Jiawei Renewable Energy Co., Ltd. engages in the photovoltaic and LED lighting industry in China and internationally. It offers digital energy business solutions in the fields of wind, solar, energy storage, charging, virtual power plant, and energy management; and scene-based lighting solutions, such as landscape lighting, smart homes, and commercial lighting. The company was formerly known as S… Read more
Shenzhen Jiawei Photovoltaic Lighting Co Ltd (300317) - Net Assets
Latest net assets as of September 2025: CN¥1.52 Billion CNY
Based on the latest financial reports, Shenzhen Jiawei Photovoltaic Lighting Co Ltd (300317) has net assets worth CN¥1.52 Billion 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¥2.78 Billion) and total liabilities (CN¥1.26 Billion). 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¥1.52 Billion |
| % of Total Assets | 54.66% |
| Annual Growth Rate | 23.52% |
| 5-Year Change | -19.62% |
| 10-Year Change | -33.05% |
| Growth Volatility | 144.84 |
Shenzhen Jiawei Photovoltaic Lighting Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Shenzhen Jiawei Photovoltaic Lighting 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 Shenzhen Jiawei Photovoltaic Lighting Co Ltd (2008–2024)
The table below shows the annual net assets of Shenzhen Jiawei Photovoltaic Lighting Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.58 Billion | -15.11% |
| 2023-12-31 | CN¥1.86 Billion | +2.77% |
| 2022-12-31 | CN¥1.81 Billion | +5.21% |
| 2021-12-31 | CN¥1.72 Billion | -12.42% |
| 2020-12-31 | CN¥1.96 Billion | +2.08% |
| 2019-12-31 | CN¥1.92 Billion | -36.21% |
| 2018-12-31 | CN¥3.01 Billion | -39.27% |
| 2017-12-31 | CN¥4.96 Billion | +8.02% |
| 2016-12-31 | CN¥4.59 Billion | +94.99% |
| 2015-12-31 | CN¥2.35 Billion | +283.27% |
| 2014-12-31 | CN¥614.17 Million | -1.82% |
| 2013-12-31 | CN¥625.53 Million | +9.75% |
| 2012-12-31 | CN¥569.96 Million | +158.18% |
| 2011-12-31 | CN¥220.76 Million | +31.76% |
| 2010-12-31 | CN¥167.54 Million | +521.96% |
| 2009-12-31 | CN¥26.94 Million | -49.81% |
| 2008-12-31 | CN¥53.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Jiawei Photovoltaic Lighting 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 11037.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥830.19 Million | 51.90% |
| Other Comprehensive Income | CN¥187.16 Million | 11.70% |
| Other Components | CN¥3.24 Billion | 202.65% |
| Total Equity | CN¥1.60 Billion | 100.00% |
Shenzhen Jiawei Photovoltaic Lighting Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Jiawei Photovoltaic Lighting Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Greenlight Capital Re Ltd
NASDAQ:GLRE
|
$435.07 Million |
|
Predictive Discovery Limited
PINK:PDIYF
|
$435.08 Million |
|
Uranium Royalty Corp
NASDAQ:UROY
|
$435.19 Million |
|
AdvanSix Inc
NYSE:ASIX
|
$435.20 Million |
|
Mill City Ventures III Ltd
NASDAQ:MCVT
|
$435.00 Million |
|
Harim Holdings Co. Ltd
KQ:003380
|
$434.99 Million |
|
Zhejiang Yueling Co Ltd
SHE:002725
|
$434.97 Million |
|
YouGov plc
PINK:YUGVF
|
$434.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Jiawei Photovoltaic Lighting Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,857,632,059 to 1,599,548,885, a change of -258,083,174 (-13.9%).
- Net loss of 276,988,810 reduced equity.
- Dividend payments of 21,158,217 reduced retained earnings.
- Other comprehensive income decreased equity by 1,281,785.
- Other factors increased equity by 41,345,638.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-276.99 Million | -17.32% |
| Dividends Paid | CN¥21.16 Million | -1.32% |
| Other Comprehensive Income | CN¥-1.28 Million | -0.08% |
| Other Changes | CN¥41.35 Million | +2.58% |
| Total Change | CN¥- | -13.89% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Jiawei Photovoltaic Lighting 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: 2.72x
- 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 31.46x to 2.72x 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¥0.17 | CN¥5.26 | x |
| 2009-12-31 | CN¥0.08 | CN¥5.26 | x |
| 2010-12-31 | CN¥0.52 | CN¥5.26 | x |
| 2011-12-31 | CN¥0.78 | CN¥5.26 | x |
| 2012-12-31 | CN¥1.68 | CN¥5.26 | x |
| 2013-12-31 | CN¥1.55 | CN¥5.26 | x |
| 2014-12-31 | CN¥1.55 | CN¥5.26 | x |
| 2015-12-31 | CN¥4.55 | CN¥5.26 | x |
| 2016-12-31 | CN¥5.77 | CN¥5.26 | x |
| 2017-12-31 | CN¥5.76 | CN¥5.26 | x |
| 2018-12-31 | CN¥3.56 | CN¥5.26 | x |
| 2019-12-31 | CN¥2.27 | CN¥5.26 | x |
| 2020-12-31 | CN¥2.35 | CN¥5.26 | x |
| 2021-12-31 | CN¥2.11 | CN¥5.26 | x |
| 2022-12-31 | CN¥2.22 | CN¥5.26 | x |
| 2023-12-31 | CN¥2.25 | CN¥5.26 | x |
| 2024-12-31 | CN¥1.93 | CN¥5.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Jiawei Photovoltaic Lighting 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): -17.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -56.54%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.79x
- Recent ROE (-17.32%) is below the historical average (4.19%), 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 | 35.40% | 6.67% | 1.08x | 4.92x | CN¥13.63 Million |
| 2009 | 96.27% | 6.55% | 1.31x | 11.20x | CN¥23.24 Million |
| 2010 | 33.23% | 9.25% | 1.33x | 2.69x | CN¥38.92 Million |
| 2011 | 25.96% | 9.48% | 1.22x | 2.24x | CN¥35.24 Million |
| 2012 | 1.02% | 1.29% | 0.44x | 1.79x | CN¥-51.17 Million |
| 2013 | 3.43% | 3.15% | 0.57x | 1.91x | CN¥-38.74 Million |
| 2014 | 1.39% | 1.20% | 0.49x | 2.35x | CN¥-50.64 Million |
| 2015 | 5.90% | 7.20% | 0.29x | 2.79x | CN¥-95.10 Million |
| 2016 | 7.52% | 11.73% | 0.32x | 2.00x | CN¥-112.77 Million |
| 2017 | 5.89% | 8.76% | 0.37x | 1.83x | CN¥-202.35 Million |
| 2018 | -66.53% | -117.77% | 0.25x | 2.30x | CN¥-2.29 Billion |
| 2019 | -56.30% | -127.83% | 0.19x | 2.26x | CN¥-1.27 Billion |
| 2020 | 1.54% | 3.74% | 0.24x | 1.74x | CN¥-164.77 Million |
| 2021 | -12.08% | -36.19% | 0.20x | 1.67x | CN¥-383.45 Million |
| 2022 | 5.00% | 18.08% | 0.22x | 1.28x | CN¥-91.27 Million |
| 2023 | 0.86% | 1.86% | 0.29x | 1.58x | CN¥-169.85 Million |
| 2024 | -17.32% | -56.54% | 0.17x | 1.79x | CN¥-436.94 Million |
Industry Comparison
This section compares Shenzhen Jiawei Photovoltaic Lighting Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Jiawei Photovoltaic Lighting Co Ltd (300317) | CN¥1.52 Billion | 35.40% | 0.83x | $435.06 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |