Jiangsu Smartwin Electronics Technology Co.Ltd. (301106) - Net Assets
Based on the latest financial reports, Jiangsu Smartwin Electronics Technology Co.Ltd. (301106) has net assets worth CN¥1.25 Billion CNY (≈ $182.41 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¥1.60 Billion ≈ $233.88 Million USD) and total liabilities (CN¥351.70 Million ≈ $51.46 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 301106 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.25 Billion |
| % of Total Assets | 77.99% |
| Annual Growth Rate | 30.73% |
| 5-Year Change | 223.9% |
| 10-Year Change | N/A |
| Growth Volatility | 57.27 |
Jiangsu Smartwin Electronics Technology Co.Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Jiangsu Smartwin Electronics Technology Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. See 301106 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jiangsu Smartwin Electronics Technology Co.Ltd. (2019–2024)
The table below shows the annual net assets of Jiangsu Smartwin Electronics Technology Co.Ltd. from 2019 to 2024. For live valuation and market cap data, see market cap of Jiangsu Smartwin Electronics Technology .
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.23 Billion ≈ $179.57 Million |
+6.16% |
| 2023-12-31 | CN¥1.16 Billion ≈ $169.15 Million |
+2.43% |
| 2022-12-31 | CN¥1.13 Billion ≈ $165.14 Million |
+153.38% |
| 2021-12-31 | CN¥445.39 Million ≈ $65.18 Million |
+17.56% |
| 2020-12-31 | CN¥378.86 Million ≈ $55.44 Million |
+17.95% |
| 2019-12-31 | CN¥321.20 Million ≈ $47.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Smartwin Electronics Technology 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 160.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥403.22 Million | 32.86% |
| Other Components | CN¥823.92 Million | 67.14% |
| Total Equity | CN¥1.23 Billion | 100.00% |
Jiangsu Smartwin Electronics Technology Co.Ltd. Competitors by Market Cap
The table below lists competitors of Jiangsu Smartwin Electronics Technology Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eastern Pioneer Auto Driving S
SHG:603377
|
$348.61 Million |
|
Alantra Partners S.A.
MC:ALNT
|
$348.69 Million |
|
Shenzhen Glory Medical Co Ltd
SHE:002551
|
$348.90 Million |
|
Atea Pharmaceuticals Inc
NASDAQ:AVIR
|
$348.92 Million |
|
USANA Health Sciences Inc
NYSE:USNA
|
$348.58 Million |
|
GuangZhou Wahlap Technology Corporation Limited
SHE:301011
|
$348.51 Million |
|
Airsculpt Technologies Inc
NASDAQ:AIRS
|
$348.50 Million |
|
Suzhou Yangtze New Materials
SHE:002652
|
$348.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Smartwin Electronics Technology Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,155,942,017 to 1,227,137,929, a change of 71,195,911 (6.2%).
- Net income of 95,461,598 contributed positively to equity growth.
- Dividend payments of 29,034,667 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥95.46 Million | +7.78% |
| Dividends Paid | CN¥29.03 Million | -2.37% |
| Other Changes | CN¥4.77 Million | +0.39% |
| Total Change | CN¥- | 6.16% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Smartwin Electronics Technology 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: 1.93x
- 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 3.95x to 1.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥5.90 | CN¥23.33 | x |
| 2020-12-31 | CN¥4.97 | CN¥23.33 | x |
| 2021-12-31 | CN¥5.84 | CN¥23.33 | x |
| 2022-12-31 | CN¥11.11 | CN¥23.33 | x |
| 2023-12-31 | CN¥11.37 | CN¥23.33 | x |
| 2024-12-31 | CN¥12.08 | CN¥23.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Smartwin Electronics Technology 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): 7.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.57%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.24x
- Recent ROE (7.78%) is below the historical average (13.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 24.87% | 17.71% | 0.91x | 1.55x | CN¥47.77 Million |
| 2020 | 16.98% | 14.18% | 0.82x | 1.46x | CN¥26.43 Million |
| 2021 | 17.64% | 13.91% | 0.85x | 1.49x | CN¥34.03 Million |
| 2022 | 8.04% | 14.35% | 0.47x | 1.20x | CN¥-22.09 Million |
| 2023 | 6.14% | 12.44% | 0.42x | 1.17x | CN¥-44.65 Million |
| 2024 | 7.78% | 11.57% | 0.54x | 1.24x | CN¥-27.25 Million |
Industry Comparison
This section compares Jiangsu Smartwin Electronics Technology Co.Ltd.'s net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $21,404,927,234
- Average return on equity (ROE) among peers: 44.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Smartwin Electronics Technology Co.Ltd. (301106) | CN¥1.25 Billion | 24.87% | 0.28x | $348.61 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $276.94 Million | 3.75% | 1.41x | $305.93 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $202.23 Million | 1.58% | 1.20x | $1.35 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $116.44 Million | -93.06% | 2.61x | $481.70 Million |
| CPT Technology Group Co Ltd (000536) | $52.05 Million | 490.89% | 0.65x | $1.46 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $5.53 Billion | 18.40% | 0.27x | $12.63 Billion |
| Xiamen Xindeco Ltd (000701) | $920.35 Million | 5.21% | 1.79x | $491.49 Million |
| BOE Technology Group Co Ltd (000725) | $197.80 Billion | 1.29% | 1.12x | $34.84 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $2.43 Billion | 3.50% | 0.53x | $4.85 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $5.48 Billion | 2.36% | 0.29x | $2.66 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.25 Billion | 7.05% | 0.10x | $4.23 Billion |
About Jiangsu Smartwin Electronics Technology Co.Ltd.
Jiangsu Smartwin Electronics Technology Co.,Ltd., together with its subsidiaries, manufactures and sells liquid crystal display and display modules in China and internationally. The company offers TN, HTN, STN, FSTN, FFSTN, COG, COB, TABLCM products for use in information display terminals, such as mobile phones, industrial equipment, household appliances, and terminal equipment. It also exports … Read more