Jorjin Technologies
Jorjin Technologies Inc. engages in the research, development, design, manufacture, and trading of electronic components and its products in Taiwan, China, the United States, Europe, and internationally. It offers ultra-light AR glasses and industrial AR solution. The company was incorporated in 1997 and is based in New Taipei City, Taiwan.
Jorjin Technologies (4980) - Net Assets
Latest net assets as of June 2025: NT$757.48 Million TWD
Based on the latest financial reports, Jorjin Technologies (4980) has net assets worth NT$757.48 Million TWD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$841.65 Million) and total liabilities (NT$84.17 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$757.48 Million |
| % of Total Assets | 90.0% |
| Annual Growth Rate | 18.77% |
| 5-Year Change | 104.58% |
| 10-Year Change | 70.58% |
| Growth Volatility | 67.12 |
Jorjin Technologies - Net Assets Trend (2009–2024)
This chart illustrates how Jorjin Technologies's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jorjin Technologies (2009–2024)
The table below shows the annual net assets of Jorjin Technologies from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$784.80 Million | -10.63% |
| 2023-12-31 | NT$878.19 Million | +68.04% |
| 2022-12-31 | NT$522.61 Million | +34.82% |
| 2021-12-31 | NT$387.63 Million | +1.05% |
| 2020-12-31 | NT$383.62 Million | -19.77% |
| 2019-12-31 | NT$478.13 Million | -11.12% |
| 2018-12-31 | NT$537.95 Million | +6.33% |
| 2017-12-31 | NT$505.92 Million | -4.31% |
| 2016-12-31 | NT$528.71 Million | +14.92% |
| 2015-12-31 | NT$460.08 Million | +23.05% |
| 2014-12-31 | NT$373.91 Million | +0.42% |
| 2013-12-31 | NT$372.35 Million | +3.72% |
| 2012-12-31 | NT$359.00 Million | +12.11% |
| 2011-12-31 | NT$320.23 Million | +47.49% |
| 2010-12-31 | NT$217.12 Million | +265.11% |
| 2009-12-31 | NT$59.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jorjin Technologies'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 9251500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | NT$877.31 Million | 111.79% |
| Total Equity | NT$784.80 Million | 100.00% |
Jorjin Technologies Competitors by Market Cap
The table below lists competitors of Jorjin Technologies ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
American Creek Resources Ltd
OTCQB:ACKRF
|
$23.79 Million |
|
HORNG SHIUE HOLDING Co Ltd
TW:2243
|
$23.79 Million |
|
Globaltec Formation Bhd
KLSE:5220
|
$23.80 Million |
|
SHL Consolidated Bhd
KLSE:6017
|
$23.80 Million |
|
Claranova SE
PA:CLA
|
$23.78 Million |
|
CULP INC. DL-05
F:CUZ
|
$23.78 Million |
|
Nahar Industrial Enterprises Limited
NSE:NAHARINDUS
|
$23.77 Million |
|
Bundamedik Tbk PT
JK:BMHS
|
$23.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jorjin Technologies's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 878,188,000 to 784,797,000, a change of -93,391,000 (-10.6%).
- Net loss of 93,391,000 reduced equity.
- Other comprehensive income decreased equity by 33,265,000.
- Other factors increased equity by 33,265,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-93.39 Million | -11.9% |
| Other Comprehensive Income | NT$-33.27 Million | -4.24% |
| Other Changes | NT$33.27 Million | +4.24% |
| Total Change | NT$- | -10.63% |
Book Value vs Market Value Analysis
This analysis compares Jorjin Technologies'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: 1.50x
- 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 1.92x to 1.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | NT$13.59 | NT$26.10 | x |
| 2017-12-31 | NT$14.22 | NT$26.10 | x |
| 2018-12-31 | NT$14.28 | NT$26.10 | x |
| 2019-12-31 | NT$13.13 | NT$26.10 | x |
| 2020-12-31 | NT$11.18 | NT$26.10 | x |
| 2021-12-31 | NT$11.07 | NT$26.10 | x |
| 2022-12-31 | NT$14.82 | NT$26.10 | x |
| 2023-12-31 | NT$20.59 | NT$26.10 | x |
| 2024-12-31 | NT$17.36 | NT$26.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jorjin Technologies 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): -11.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -71.75%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.16x
- Recent ROE (-11.90%) is below the historical average (3.33%), 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 | 23.16% | 4.04% | 2.13x | 2.69x | NT$42.15 Million |
| 2012 | 12.20% | 3.27% | 2.32x | 1.61x | NT$7.89 Million |
| 2013 | 7.89% | 4.62% | 1.19x | 1.43x | NT$-7.86 Million |
| 2014 | 7.49% | 3.98% | 1.35x | 1.40x | NT$-9.38 Million |
| 2015 | 13.44% | 8.10% | 1.23x | 1.35x | NT$15.47 Million |
| 2016 | 12.92% | 8.74% | 0.97x | 1.53x | NT$14.29 Million |
| 2017 | -1.73% | -1.19% | 0.85x | 1.71x | NT$-57.63 Million |
| 2018 | -5.10% | -5.15% | 0.60x | 1.65x | NT$-75.51 Million |
| 2019 | -8.40% | -7.94% | 0.61x | 1.74x | NT$-84.61 Million |
| 2020 | -13.80% | -18.79% | 0.38x | 1.92x | NT$-93.15 Million |
| 2021 | -2.81% | -3.18% | 0.46x | 1.91x | NT$-49.66 Million |
| 2022 | 13.20% | 21.17% | 0.40x | 1.56x | NT$16.74 Million |
| 2023 | 0.11% | 0.28% | 0.36x | 1.12x | NT$-86.85 Million |
| 2024 | -11.90% | -71.75% | 0.14x | 1.16x | NT$-171.87 Million |
Industry Comparison
This section compares Jorjin Technologies's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,087,269,200
- Average return on equity (ROE) among peers: -4.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jorjin Technologies (4980) | NT$757.48 Million | 23.16% | 0.11x | $23.79 Million |
| Microelectronics Technology Inc (2314) | $2.46 Billion | -37.09% | 1.51x | $36.51 Million |
| Tecom Co Ltd (2321) | $530.15 Million | -16.22% | 4.00x | $4.22 Million |
| D-Link Corp (2332) | $13.60 Billion | 4.76% | 0.80x | $217.00 Million |
| Accton Technology Corp (2345) | $6.43 Billion | -9.64% | 0.97x | $22.08 Billion |
| Hitron Technologies Inc (2419) | $1.72 Billion | 0.29% | 1.37x | $106.12 Million |
| Abocom Systems Inc (2444) | $1.08 Billion | 1.09% | 1.04x | $38.22 Million |
| Zinwell Corporation (2485) | $6.81 Billion | 0.46% | 0.24x | $175.23 Million |
| Loop Telecommunication International Inc (3025) | $665.75 Million | 0.00% | 0.74x | $77.34 Million |
| Edimax Technology Co Ltd (3047) | $2.57 Billion | 5.51% | 0.79x | $96.92 Million |
| CyberTAN Technology Inc (3062) | $5.01 Billion | 1.39% | 0.48x | $227.43 Million |