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  2. •

    Electronic technology

  3. •

    Electronic production equipment
JoulWatt Technology Co., Ltd. Class A

JoulWatt Technology Co., Ltd. Class A

SSSE:688141
75.39
CNY
+3.23
(+4.48%)
-2.25EPS
69.12BMarket Cap
Oct 31Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.51
0.57
0.91
2.86
3.69
2.9
3.76
5.92
6.87
Basic EPS, GAAP
-0.13
-0.18
-0.6
0.39
0.35
-1.19
-1.35
-1.6
-2.13
Free Cash Flow per Basic Share
-0.14
-0.22
-0.36
-1.24
-2.33
-0.93
-1.25
-1.2
- -
Dividend per Share
0.01
0.01
0.02
- -
0.06
0.06
0.09
0.12
0.14
Book Value per Share
-0.13
0.06
1.19
2.41
7.03
5.97
4.63
3.39
2.42
Tangible Book Value per Share
-0.13
0.06
1.09
2.32
6.96
5.9
4.45
1.66
0.74
Basic Weighted Avg Shares
389
447
447
364
392
447
447
448
450
Sales/Revenue/Turnover
198
257
407
1,042
1,448
1,297
1,679
2,655
3,090
Operating Margin (%)
-17.55
-22
-62.61
14.19
12.51
-24.92
-22.28
-22.81
-25.99
Depreciation Expense
1
1
3
19
30
38
60
108
- -
Net Income, GAAP
-50
-80
-270
142
137
-531
-603
-717
-959
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-25.08
-31.13
-66.41
13.63
9.47
-40.98
-35.94
-27.01
-31.03
Working Capital
-35
17
411
639
2,937
2,527
1,454
539
202
LT Debt
18
- -
33
5
530
690
643
1,187
1,527
Total Equity
-51
24
462
937
3,142
2,667
2,123
1,860
1,421
Return on Invested Capital (%)
- -
- -
- -
18.97
5.44
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
19.26
6.27
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
-111.33
20.3
6.72
-18.3
-25.49
-39.92
-62.73

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,128
1,602
1,723
LT Borrowings
1,160
1,221
1,506
LT Finance Leases
27
26
21
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
450
450
450
Market Capitalization
19,557
23,101
69,124

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,550
2,721
2,891
Cash, Cash Equivalents & STI
474
403
244
Accounts Receivable, Net
527
649
814
Inventories
1,009
1,133
1,253
Total Current Liabilities
2,012
2,488
2,689
Payables & Accruals
- -
- -
- -
ST Debt
1,128
1,602
1,723
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
58.05%
-12.38%
Free Cash Flow
- -
51.25%
-3.65%
Net Income, GAAP
- -
-122.2%
18.85%
Sales/Revenue/Turnover
- -
54.47%
58.15%
Total Cash Common Dividend
- -
341.14%
32.74%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
329
421
441
487
1,679
2025
528
659
- -
713
2,655
2026
765
954
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.47
-0.29
-0.38
-0.22
-1.35
2025
-0.25
-0.41
- -
-0.57
-1.6
2026
-0.61
-0.54
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.02
0.02
0.09
2025
0.03
0.03
- -
0.03
0.12
2026
0.04
0.04
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Wen Wen Ma
Full Time Employees
1,971
Sector
Electronic technology
Industry
Electronic production equipment
Address
No. 19, Shengtangba Street Hangzhou ZH China 310030
IPO Date
Dec 23, 2022
Website
joulwatt.com
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Business
JoulWatt Technology Co., Ltd. JoulWatt Technology Co., Ltd. is a China-based analog integrated circuit design company that engages in the research, development, design, and sale of power management and signal chain chips. The company offers a comprehensive portfolio of products including AC-DC chips, DC-DC chips, battery management chips, linear power products, detection chips, interface chips, converter chips, and test chips; these serve applications in automotive electronics, enterprise computing and storage, consumer electronics, communication equipment, industrial controls, renewable energy, and other fields. Founded in 2013 and headquartered in Hangzhou, China, JoulWatt Technology operates primarily in China with exports to Taiwan China, Hong Kong China, and Korea, employing around 1,250 people and following a virtual IDM model to deliver high-efficiency, high-performance analog semiconductor solutions. Recent developments include the announced acquisition of Shanghai Lijiwei Semiconductor Co Ltd for 5.49 million CNY on April 22, 2025; plans by the company and a unit to acquire a 40.9% stake in Nanjing TianYiHeXin Electronics Co., Ltd. for 318.7 million CNY in May 2025; and the launch of multiple automotive electronic chips alongside strategic expansions in multiphase power solutions for high-end analog localization.