Joulwatt Technology Co. Ltd. A (688141) - Net Assets
Based on the latest financial reports, Joulwatt Technology Co. Ltd. A (688141) has net assets worth CN¥2.19 Billion CNY (≈ $320.39 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.20 Billion ≈ $761.17 Million USD) and total liabilities (CN¥3.01 Billion ≈ $440.79 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 688141 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.19 Billion |
| % of Total Assets | 42.09% |
| Annual Growth Rate | N/A |
| 5-Year Change | 359.65% |
| 10-Year Change | N/A |
| Growth Volatility | 719.04 |
Joulwatt Technology Co. Ltd. A - Net Assets Trend (2018–2024)
This chart illustrates how Joulwatt Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore how large is Joulwatt Technology Co. Ltd. A's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Joulwatt Technology Co. Ltd. A (2018–2024)
The table below shows the annual net assets of Joulwatt Technology Co. Ltd. A from 2018 to 2024. For live valuation and market cap data, see 688141 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.12 Billion ≈ $310.71 Million |
-20.37% |
| 2023-12-31 | CN¥2.67 Billion ≈ $390.20 Million |
-15.12% |
| 2022-12-31 | CN¥3.14 Billion ≈ $459.71 Million |
+235.25% |
| 2021-12-31 | CN¥937.08 Million ≈ $137.12 Million |
+102.85% |
| 2020-12-31 | CN¥461.95 Million ≈ $67.60 Million |
+1858.00% |
| 2019-12-31 | CN¥23.59 Million ≈ $3.45 Million |
+146.62% |
| 2018-12-31 | CN¥-50.60 Million ≈ $-7.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Joulwatt Technology Co. Ltd. A'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 71390531132.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥446.88 Million | 21.61% |
| Other Components | CN¥2.47 Billion | 119.47% |
| Total Equity | CN¥2.07 Billion | 100.00% |
Joulwatt Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Joulwatt Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korean Air Lines Co
KO:003490
|
$6.13 Billion |
|
JSW Infrastructure Limited
NSE:JSWINFRA
|
$6.13 Billion |
|
Swissquote Group Holding SA
SW:SQN
|
$6.13 Billion |
|
ChinaLin Securities Co Ltd
SHE:002945
|
$6.13 Billion |
|
Pegasystems Inc
NASDAQ:PEGA
|
$6.12 Billion |
|
Asymchem Laboratories Tian Jin Co Ltd
SHE:002821
|
$6.12 Billion |
|
MERUS N.V. EO -09
F:2GH
|
$6.11 Billion |
|
Venture Global, Inc.
NYSE:VG
|
$6.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Joulwatt Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,666,806,127 to 2,067,619,866, a change of -599,186,261 (-22.5%).
- Net loss of 603,372,915 reduced equity.
- Dividend payments of 39,452,792 reduced retained earnings.
- Other factors increased equity by 43,639,446.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-603.37 Million | -29.18% |
| Dividends Paid | CN¥39.45 Million | -1.91% |
| Other Changes | CN¥43.64 Million | +2.11% |
| Total Change | CN¥- | -22.47% |
Book Value vs Market Value Analysis
This analysis compares Joulwatt Technology Co. Ltd. A'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: 20.07x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CN¥-0.14 | CN¥92.88 | x |
| 2019-12-31 | CN¥0.07 | CN¥92.88 | x |
| 2020-12-31 | CN¥1.31 | CN¥92.88 | x |
| 2021-12-31 | CN¥2.57 | CN¥92.88 | x |
| 2022-12-31 | CN¥8.02 | CN¥92.88 | x |
| 2023-12-31 | CN¥5.97 | CN¥92.88 | x |
| 2024-12-31 | CN¥4.63 | CN¥92.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Joulwatt Technology Co. Ltd. A 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): -29.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -35.94%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.03x
- Recent ROE (-29.18%) is above the historical average (-61.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -25.08% | 1.45x | 0.00x | CN¥-44.55 Million |
| 2019 | -338.88% | -31.13% | 0.97x | 11.20x | CN¥-82.31 Million |
| 2020 | -58.51% | -66.41% | 0.59x | 1.49x | CN¥-316.17 Million |
| 2021 | 15.15% | 13.63% | 0.89x | 1.25x | CN¥48.26 Million |
| 2022 | 4.36% | 9.47% | 0.33x | 1.39x | CN¥-177.07 Million |
| 2023 | -19.93% | -40.98% | 0.31x | 1.58x | CN¥-798.09 Million |
| 2024 | -29.18% | -35.94% | 0.40x | 2.03x | CN¥-810.13 Million |
Industry Comparison
This section compares Joulwatt Technology Co. Ltd. A's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Joulwatt Technology Co. Ltd. A (688141) | CN¥2.19 Billion | 0.00% | 1.38x | $6.12 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Joulwatt Technology Co. Ltd. A
JoulWatt Technology Co., Ltd. engages in the research and development, and sale of integrated circuits in China. It offers power management chips comprising of AC-DC chips, DC-DC chips, battery management chips, and linear power products. The company also offers signal chain chips, including detection, interface, converter, and clock products. Its products are used in new energy, automotive elect… Read more