Shenzhen Jiawei Photovoltaic Lighting Co Ltd (300317) - Net Assets
Based on the latest financial reports, Shenzhen Jiawei Photovoltaic Lighting Co Ltd (300317) has net assets worth CN¥1.37 Billion CNY (≈ $200.61 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.85 Billion ≈ $417.56 Million USD) and total liabilities (CN¥1.48 Billion ≈ $216.95 Million USD). 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 Shenzhen Jiawei Photovoltaic Lighting Co (300317) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.37 Billion |
| % of Total Assets | 48.04% |
| Annual Growth Rate | 20.98% |
| 5-Year Change | -20.39% |
| 10-Year Change | -70.22% |
| Growth Volatility | 141.57 |
Shenzhen Jiawei Photovoltaic Lighting Co Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Shenzhen Jiawei Photovoltaic Lighting Co Ltd's net assets have evolved over time, based on quarterly financial data. See 300317 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shenzhen Jiawei Photovoltaic Lighting Co Ltd (2008–2025)
The table below shows the annual net assets of Shenzhen Jiawei Photovoltaic Lighting Co Ltd from 2008 to 2025. For live valuation and market cap data, see 300317 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.37 Billion ≈ $200.03 Million |
-13.26% |
| 2024-12-31 | CN¥1.58 Billion ≈ $230.62 Million |
-15.11% |
| 2023-12-31 | CN¥1.86 Billion ≈ $271.67 Million |
+2.77% |
| 2022-12-31 | CN¥1.81 Billion ≈ $264.35 Million |
+5.21% |
| 2021-12-31 | CN¥1.72 Billion ≈ $251.27 Million |
-12.42% |
| 2020-12-31 | CN¥1.96 Billion ≈ $286.90 Million |
+2.08% |
| 2019-12-31 | CN¥1.92 Billion ≈ $281.05 Million |
-36.21% |
| 2018-12-31 | CN¥3.01 Billion ≈ $440.59 Million |
-39.27% |
| 2017-12-31 | CN¥4.96 Billion ≈ $725.51 Million |
+8.02% |
| 2016-12-31 | CN¥4.59 Billion ≈ $671.66 Million |
+94.99% |
| 2015-12-31 | CN¥2.35 Billion ≈ $344.45 Million |
+283.27% |
| 2014-12-31 | CN¥614.17 Million ≈ $89.87 Million |
-1.82% |
| 2013-12-31 | CN¥625.53 Million ≈ $91.54 Million |
+9.75% |
| 2012-12-31 | CN¥569.96 Million ≈ $83.40 Million |
+158.18% |
| 2011-12-31 | CN¥220.76 Million ≈ $32.30 Million |
+31.76% |
| 2010-12-31 | CN¥167.54 Million ≈ $24.52 Million |
+521.96% |
| 2009-12-31 | CN¥26.94 Million ≈ $3.94 Million |
-49.81% |
| 2008-12-31 | CN¥53.67 Million ≈ $7.85 Million |
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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 11792.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥4.26 Billion | 300.99% |
| Total Equity | CN¥1.41 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 |
|---|---|
|
Black Cat Syndicate Ltd
AU:BC8
|
$543.45 Million |
|
Shanghai Golden Union Commercial Management Co Ltd
SHG:603682
|
$543.45 Million |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
|
$543.53 Million |
|
MiMedx Group Inc
NASDAQ:MDXG
|
$543.53 Million |
|
Allied Supreme Corp
TW:4770
|
$542.99 Million |
|
Ichitan Group Public Company Limited
BK:ICHI
|
$542.97 Million |
|
Hyulim ROBOT Co.Ltd
KQ:090710
|
$542.91 Million |
|
Cineplex Inc.
TO:CGX
|
$542.66 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 2024 to 2025, total equity changed from 1,599,548,885 to 1,414,525,655, a change of -185,023,230 (-11.6%).
- Net loss of 183,735,585 reduced equity.
- Dividend payments of 30,730,183 reduced retained earnings.
- Other comprehensive income decreased equity by 187,156,200.
- Other factors increased equity by 216,598,739.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-183.74 Million | -12.99% |
| Dividends Paid | CN¥30.73 Million | -2.17% |
| Other Comprehensive Income | CN¥-187.16 Million | -13.23% |
| Other Changes | CN¥216.60 Million | +15.31% |
| Total Change | CN¥- | -11.57% |
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: 2.62x
- 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 26.73x to 2.62x 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¥4.47 | x |
| 2009-12-31 | CN¥0.08 | CN¥4.47 | x |
| 2010-12-31 | CN¥0.52 | CN¥4.47 | x |
| 2011-12-31 | CN¥0.78 | CN¥4.47 | x |
| 2012-12-31 | CN¥1.68 | CN¥4.47 | x |
| 2013-12-31 | CN¥1.56 | CN¥4.47 | x |
| 2014-12-31 | CN¥1.55 | CN¥4.47 | x |
| 2015-12-31 | CN¥4.55 | CN¥4.47 | x |
| 2016-12-31 | CN¥5.77 | CN¥4.47 | x |
| 2017-12-31 | CN¥5.76 | CN¥4.47 | x |
| 2018-12-31 | CN¥3.56 | CN¥4.47 | x |
| 2019-12-31 | CN¥2.27 | CN¥4.47 | x |
| 2020-12-31 | CN¥2.35 | CN¥4.47 | x |
| 2021-12-31 | CN¥2.11 | CN¥4.47 | x |
| 2022-12-31 | CN¥2.21 | CN¥4.47 | x |
| 2023-12-31 | CN¥2.25 | CN¥4.47 | x |
| 2024-12-31 | CN¥1.93 | CN¥4.47 | x |
| 2025-12-31 | CN¥1.70 | CN¥4.47 | 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): -12.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -29.13%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 2.07x
- Recent ROE (-12.99%) is below the historical average (3.23%), 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 | 6.90% | 11.24% | 0.31x | 2.00x | CN¥-141.25 Million |
| 2017 | 6.40% | 9.16% | 0.38x | 1.83x | CN¥-177.39 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 |
| 2025 | -12.99% | -29.13% | 0.22x | 2.07x | CN¥-325.19 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: $1,962,958,871
- Average return on equity (ROE) among peers: 10.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Jiawei Photovoltaic Lighting Co Ltd (300317) | CN¥1.37 Billion | 35.40% | 1.08x | $543.03 Million |
| XJ Electric Co Ltd (000400) | $769.50 Million | 13.66% | 0.29x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $656.70 Million | 10.00% | 3.24x | $1.05 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.39 Billion | 11.14% | 0.11x | $908.69 Million |
| Dongfang Electronics Co Ltd (000682) | $1.32 Billion | 0.16% | 0.16x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.57 Billion | 1.54% | 1.62x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $684.66 Million | 5.90% | 0.54x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $10.67 Billion | 14.62% | 0.76x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $102.42 Million | 12.86% | 0.78x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $87.88 Million | 21.99% | 1.03x | $7.89 Billion |
About 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