Jolywood Suzhou Sunwatt Co Ltd

SHE:300393 China Solar
Market Cap
$1.61 Billion
CN¥11.82 Billion CNY
Market Cap Rank
#6822 Global
#1095 in China
Share Price
CN¥10.85
Change (1 day)
+3.83%
52-Week Range
CN¥4.73 - CN¥12.11
All Time High
CN¥907256.36
Categories
Companies in China Solar
About

Jolywood (Suzhou) Sunwatt Co.,Ltd. engages in the development, production, and sales of solar energy materials worldwide. It provides solar energy materials, including plastic soft films, as well as solar energy technology services and consulting activities. The company's products include solar cell back panels, solar cells and modules, photovoltaic application systems, PV materials, PV cells, PV… Read more

Jolywood Suzhou Sunwatt Co Ltd (300393) - Net Assets

Latest net assets as of June 2025: CN¥3.94 Billion CNY

Based on the latest financial reports, Jolywood Suzhou Sunwatt Co Ltd (300393) has net assets worth CN¥3.94 Billion CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥16.36 Billion) and total liabilities (CN¥12.43 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¥3.94 Billion
% of Total Assets 24.06%
Annual Growth Rate 32.21%
5-Year Change -7.66%
10-Year Change 364.21%
Growth Volatility 58.57

Jolywood Suzhou Sunwatt Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Jolywood Suzhou Sunwatt 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 Jolywood Suzhou Sunwatt Co Ltd (2011–2024)

The table below shows the annual net assets of Jolywood Suzhou Sunwatt Co Ltd from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.10 Billion -21.56%
2023-12-31 CN¥5.23 Billion +12.86%
2022-12-31 CN¥4.63 Billion +13.87%
2021-12-31 CN¥4.07 Billion -8.40%
2020-12-31 CN¥4.44 Billion +26.84%
2019-12-31 CN¥3.50 Billion +36.33%
2018-12-31 CN¥2.57 Billion -3.16%
2017-12-31 CN¥2.65 Billion +165.80%
2016-12-31 CN¥997.62 Million +12.96%
2015-12-31 CN¥883.17 Million +19.11%
2014-12-31 CN¥741.48 Million +170.61%
2013-12-31 CN¥274.00 Million +47.87%
2012-12-31 CN¥185.30 Million +70.50%
2011-12-31 CN¥108.68 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jolywood Suzhou Sunwatt 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 grown by 344.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥170.08 Million 5.05%
Other Components CN¥3.20 Billion 94.95%
Total Equity CN¥3.37 Billion 100.00%

Jolywood Suzhou Sunwatt Co Ltd Competitors by Market Cap

The table below lists competitors of Jolywood Suzhou Sunwatt Co Ltd ranked by their market capitalization.

Company Market Cap
FLAT GLASS GROUP H YC-25
F:72T
 		$1.13 Billion
Yantai Zhenghai Magnetic Mat
SHE:300224
 		$1.13 Billion
Hefei Metalforming Mach Tool
SHG:603011
 		$1.13 Billion
Huafon Microfibre Shanghai Co
SHE:300180
 		$1.13 Billion
State Grid Yingda Co Ltd
SHG:600517
 		$1.13 Billion
Cencosud Shopping SA
SN:CENCOMALLS
 		$1.13 Billion
FORCE MOTORS LTD
NSE:FORCEMOT
 		$1.13 Billion
FIBRA Macquarie México
PINK:DBMBF
 		$1.13 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jolywood Suzhou Sunwatt Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,416,733,955 to 3,371,212,233, a change of -1,045,521,722 (-23.7%).
  • Net loss of 856,397,603 reduced equity.
  • Dividend payments of 343,019,981 reduced retained earnings.
  • Other factors increased equity by 153,895,863.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-856.40 Million -25.4%
Dividends Paid CN¥343.02 Million -10.17%
Other Changes CN¥153.90 Million +4.57%
Total Change CN¥- -23.67%

Book Value vs Market Value Analysis

This analysis compares Jolywood Suzhou Sunwatt 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: 3.51x
  • 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 3.85x to 3.51x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 CN¥2.82 CN¥10.85 x
2018-12-31 CN¥2.74 CN¥10.85 x
2019-12-31 CN¥3.09 CN¥10.85 x
2020-12-31 CN¥3.36 CN¥10.85 x
2021-12-31 CN¥3.11 CN¥10.85 x
2022-12-31 CN¥3.57 CN¥10.85 x
2023-12-31 CN¥4.05 CN¥10.85 x
2024-12-31 CN¥3.09 CN¥10.85 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jolywood Suzhou Sunwatt 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): -25.40%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -14.05%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 4.93x
  • Recent ROE (-25.40%) is below the historical average (12.71%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 41.12% 32.19% 0.62x 2.06x CN¥33.83 Million
2012 41.35% 31.20% 0.67x 1.98x CN¥58.09 Million
2013 35.66% 28.29% 0.70x 1.81x CN¥70.30 Million
2014 15.84% 24.80% 0.45x 1.42x CN¥43.33 Million
2015 12.91% 14.67% 0.46x 1.92x CN¥24.26 Million
2016 17.08% 11.90% 0.40x 3.59x CN¥68.47 Million
2017 9.97% 7.97% 0.52x 2.39x CN¥-840.82K
2018 5.01% 4.67% 0.45x 2.39x CN¥-125.43 Million
2019 8.70% 6.99% 0.40x 3.07x CN¥-36.42 Million
2020 2.64% 1.90% 0.52x 2.65x CN¥-269.57 Million
2021 -9.25% -5.38% 0.48x 3.58x CN¥-652.18 Million
2022 10.33% 4.19% 0.56x 4.38x CN¥12.81 Million
2023 11.92% 4.30% 0.72x 3.87x CN¥84.87 Million
2024 -25.40% -14.05% 0.37x 4.93x CN¥-1.19 Billion

Industry Comparison

This section compares Jolywood Suzhou Sunwatt Co Ltd's net assets metrics with peer companies in the Solar industry.

Industry Context

  • Industry: Solar
  • Average net assets among peers: $4,849,587,329
  • Average return on equity (ROE) among peers: 4.40%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jolywood Suzhou Sunwatt Co Ltd (300393) CN¥3.94 Billion 41.12% 3.16x $1.13 Billion
Shenzhen Topraysolar Co Ltd (002218) $704.57 Million 4.73% 0.28x $670.55 Million
JA Solar Technology Co Ltd (002459) $30.16 Billion 18.35% 1.40x $2.78 Billion
GCL System Integration Technology Co Ltd (002506) $4.29 Billion 1.05% 3.39x $2.32 Billion
Changzhou Almaden Co Ltd (002623) $40.18 Million 14.90% 1.71x $313.43 Million
Hainan Drinda Automotive Trim Co Ltd (002865) $503.78 Million 9.15% 1.26x $2.32 Billion
Henan Yicheng New Energy Co Ltd (300080) $3.27 Billion 0.58% 0.91x $1.28 Billion
Gansu Golden Glass Technologies Co Ltd (300093) $507.06 Million -25.83% 0.95x $512.56 Million
Risen Energy (300118) $3.14 Billion 10.27% 1.70x $2.05 Billion
Lingda Group Co Ltd (300125) $1.03 Billion 6.42% 0.30x $258.47 Million