Jolywood Suzhou Sunwatt Co Ltd (300393) - Net Assets

Latest as of June 2025: CN¥3.94 Billion CNY ≈ $575.99 Million USD

Based on the latest financial reports, Jolywood Suzhou Sunwatt Co Ltd (300393) has net assets worth CN¥3.94 Billion CNY (≈ $575.99 Million USD) 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 ≈ $2.39 Billion USD) and total liabilities (CN¥12.43 Billion ≈ $1.82 Billion 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 300393 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of Jolywood Suzhou Sunwatt Co Ltd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Jolywood Suzhou Sunwatt Co Ltd stock valuation.

Year	Net Assets	Change
2024-12-31	CN¥4.10 Billion ≈ $599.93 Million	-21.56%
2023-12-31	CN¥5.23 Billion ≈ $764.82 Million	+12.86%
2022-12-31	CN¥4.63 Billion ≈ $677.69 Million	+13.87%
2021-12-31	CN¥4.07 Billion ≈ $595.13 Million	-8.40%
2020-12-31	CN¥4.44 Billion ≈ $649.73 Million	+26.84%
2019-12-31	CN¥3.50 Billion ≈ $512.25 Million	+36.33%
2018-12-31	CN¥2.57 Billion ≈ $375.75 Million	-3.16%
2017-12-31	CN¥2.65 Billion ≈ $388.02 Million	+165.80%
2016-12-31	CN¥997.62 Million ≈ $145.98 Million	+12.96%
2015-12-31	CN¥883.17 Million ≈ $129.24 Million	+19.11%
2014-12-31	CN¥741.48 Million ≈ $108.50 Million	+170.61%
2013-12-31	CN¥274.00 Million ≈ $40.10 Million	+47.87%
2012-12-31	CN¥185.30 Million ≈ $27.11 Million	+70.50%
2011-12-31	CN¥108.68 Million ≈ $15.90 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
Salzgitter AG XETRA:SZG	$1.61 Billion
Techno Electric & Engineering Company Limited NSE:TECHNOE	$1.61 Billion
KEC International Limited NSE:KEC	$1.61 Billion
Fluence Energy Inc NASDAQ:FLNC	$1.61 Billion
Kernel Holding SA WAR:KER	$1.61 Billion
Six Flags Entertainment Corporation NYSE:FUN	$1.61 Billion
U-Ming Marine Transport Corp TW:2606	$1.61 Billion
Shanghai Environment Group Co Ltd SHG:601200	$1.61 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: 3.27x
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 3.59x to 3.27x 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¥10.12	x
2018-12-31	CN¥2.74	CN¥10.12	x
2019-12-31	CN¥3.09	CN¥10.12	x
2020-12-31	CN¥3.36	CN¥10.12	x
2021-12-31	CN¥3.11	CN¥10.12	x
2022-12-31	CN¥3.57	CN¥10.12	x
2023-12-31	CN¥4.05	CN¥10.12	x
2024-12-31	CN¥3.09	CN¥10.12	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: $2,320,460,645
Average return on equity (ROE) among peers: -137.17%

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	$1.61 Billion
Shenzhen Topraysolar Co Ltd (002218)	$4.20 Billion	0.55%	0.58x	$1.13 Billion
JA Solar Technology Co Ltd (002459)	$1.30 Billion	0.58%	0.71x	$5.26 Billion
GCL System Integration Technology Co Ltd (002506)	$4.44 Billion	1.25%	2.61x	$3.62 Billion
Changzhou Almaden Co Ltd (002623)	$2.22 Billion	3.56%	0.90x	$617.25 Million
Hainan Drinda Automotive Trim Co Ltd (002865)	$1.60 Billion	-11.14%	2.75x	$2.70 Billion
Henan Yicheng New Energy Co Ltd (300080)	$5.57 Billion	-2.89%	0.85x	$1.23 Billion
Gansu Golden Glass Technologies Co Ltd (300093)	$28.82 Million	-1255.23%	99.99x	$697.90 Million
Risen Energy (300118)	$254.41 Million	27.58%	1.06x	$2.96 Billion
Lingda Group Co Ltd (300125)	$1.26 Billion	1.17%	0.88x	$956.81 Million

About Jolywood Suzhou Sunwatt Co Ltd

SHE:300393 China Solar

Market Cap

$1.61 Billion

CN¥11.03 Billion CNY

Market Cap Rank

#7080 Global

#1657 in China

Share Price

CN¥10.12

Change (1 day)

+1.61%

52-Week Range

CN¥5.22 - CN¥12.11

All Time High

CN¥907256.36