Jolywood Suzhou Sunwatt Co Ltd (300393) - Net Assets
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 Jolywood Suzhou Sunwatt Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
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. See Jolywood Suzhou Sunwatt Co Ltd (300393) liquidity interval to measure how many days the company can operate on defensive assets alone.
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 |
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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 |
|---|---|
|
The South Indian Bank Limited
NSE:SOUTHBANK
|
$1.34 Billion |
|
Chongqing Chuanyi Automation Co Ltd
SHG:603100
|
$1.34 Billion |
|
NAPCO Security Technologies Inc
NASDAQ:NSSC
|
$1.34 Billion |
|
Compass Pathways Plc
NASDAQ:CMPS
|
$1.34 Billion |
|
PT Bank SMBC Indonesia Tbk
JK:BTPN
|
$1.33 Billion |
|
Centuria Industrial REIT
AU:CIP
|
$1.33 Billion |
|
Insperity Inc
NYSE:NSP
|
$1.33 Billion |
|
Edifier Technology Co Ltd
SHE:002351
|
$1.33 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: 2.71x
- 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 2.97x to 2.71x 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¥8.38 | x |
| 2018-12-31 | CN¥2.74 | CN¥8.38 | x |
| 2019-12-31 | CN¥3.09 | CN¥8.38 | x |
| 2020-12-31 | CN¥3.36 | CN¥8.38 | x |
| 2021-12-31 | CN¥3.11 | CN¥8.38 | x |
| 2022-12-31 | CN¥3.57 | CN¥8.38 | x |
| 2023-12-31 | CN¥4.05 | CN¥8.38 | x |
| 2024-12-31 | CN¥3.09 | CN¥8.38 | 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: $3,722,232,633
- Average return on equity (ROE) among peers: 7.99%
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 | $1.34 Billion |
| Shenzhen Topraysolar Co Ltd (002218) | $31.17 Million | 52.78% | 0.49x | $899.45 Million |
| JA Solar Technology Co Ltd (002459) | $16.72 Billion | 12.19% | 2.41x | $4.21 Billion |
| GCL System Integration Technology Co Ltd (002506) | $3.03 Billion | -1.81% | 1.38x | $2.85 Billion |
| Changzhou Almaden Co Ltd (002623) | $3.27 Billion | 2.55% | 0.61x | $511.80 Million |
| Hainan Drinda Automotive Trim Co Ltd (002865) | $457.69 Million | 12.28% | 1.52x | $2.27 Billion |
| Henan Yicheng New Energy Co Ltd (300080) | $5.57 Billion | -2.89% | 0.85x | $1.10 Billion |
| Gansu Golden Glass Technologies Co Ltd (300093) | $873.43 Million | 0.53% | 0.86x | $757.00 Million |
| Risen Energy (300118) | $2.49 Billion | 2.17% | 0.68x | $2.37 Billion |
| Lingda Group Co Ltd (300125) | $1.05 Billion | -5.91% | 0.65x | $955.84 Million |
About Jolywood Suzhou Sunwatt Co Ltd
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