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¥1.57 Billion CNY (≈ $229.19 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.61 Billion ≈ $821.63 Million USD) and total liabilities (CN¥4.05 Billion ≈ $592.44 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 Joulwatt Technology Co. Ltd. A 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¥1.57 Billion |
| % of Total Assets | 27.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | 703.89% |
| 10-Year Change | N/A |
| Growth Volatility | 659.71 |
Joulwatt Technology Co. Ltd. A - Net Assets Trend (2018–2025)
This chart illustrates how Joulwatt Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Joulwatt Technology Co. Ltd. A to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Joulwatt Technology Co. Ltd. A (2018–2025)
The table below shows the annual net assets of Joulwatt Technology Co. Ltd. A from 2018 to 2025. For live valuation and market cap data, see 688141 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥7.53 Billion ≈ $1.10 Billion |
+254.77% |
| 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 142818749077.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | CN¥1.73 Billion | 79.17% |
| Other Components | CN¥2.02 Billion | 92.25% |
| Total Equity | CN¥2.19 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 |
|---|---|
|
Old Republic International Corp
NYSE:ORI
|
$9.42 Billion |
|
SKANSKA AB (SPONS.ADR)/1
F:SKN
|
$9.43 Billion |
|
China Zheshang Bank Co Ltd
SHG:601916
|
$9.43 Billion |
|
Akbank TAS
IS:AKBNK
|
$9.45 Billion |
|
Banca Transilvania S.A.
RO:TLV
|
$9.42 Billion |
|
WISETECH GLOBAL USP.ADRS
F:17W0
|
$9.42 Billion |
|
Nordnet AB
ST:SAVE
|
$9.40 Billion |
|
ISUZU MOTORS LTD ADR
F:ISUA
|
$9.40 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 2024 to 2025, total equity changed from 2,067,619,866 to 2,189,460,140, a change of 121,840,274 (5.9%).
- Net loss of 716,578,795 reduced equity.
- Dividend payments of 52,367,722 reduced retained earnings.
- Other comprehensive income increased equity by 1,733,395,984.
- Other factors decreased equity by 842,609,193.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-716.58 Million | -32.73% |
| Dividends Paid | CN¥52.37 Million | -2.39% |
| Other Comprehensive Income | CN¥1.73 Billion | +79.17% |
| Other Changes | CN¥-842.61 Million | -38.48% |
| Total Change | CN¥- | 5.89% |
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: 29.24x
- 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¥142.93 | x |
| 2019-12-31 | CN¥0.07 | CN¥142.93 | x |
| 2020-12-31 | CN¥4.23 | CN¥142.93 | x |
| 2021-12-31 | CN¥2.57 | CN¥142.93 | x |
| 2022-12-31 | CN¥8.02 | CN¥142.93 | x |
| 2023-12-31 | CN¥5.97 | CN¥142.93 | x |
| 2024-12-31 | CN¥4.63 | CN¥142.93 | x |
| 2025-12-31 | CN¥4.89 | CN¥142.93 | 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): -32.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -26.95%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.44x
- Recent ROE (-32.73%) is above the historical average (-57.46%), 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 |
| 2025 | -32.73% | -26.95% | 0.50x | 2.44x | CN¥-935.52 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: $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 |
|---|---|---|---|---|
| Joulwatt Technology Co. Ltd. A (688141) | CN¥1.57 Billion | 0.00% | 2.58x | $9.42 Billion |
| 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 Joulwatt Technology Co. Ltd. A
JoulWatt Technology Co., Ltd. engages in the research and development, and sale of analog integrated circuits in China. It offers automotive rear and interior LED driver products; and power management products, such as switching DC/DC power supply, isolated switching DC/DC, power switch and protection, gate driver, power module, display power power over ethernet, LDO, voltage supervisory, Vcore p… Read more