James Hardie Industries Plc (JHX) - Net Assets

Latest as of December 2025: AU$6.40 Billion AUD ≈ $4.53 Billion USD

Based on the latest financial reports, James Hardie Industries Plc (JHX) has net assets worth AU$6.40 Billion AUD (≈ $4.53 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$13.80 Billion ≈ $9.77 Billion USD) and total liabilities (AU$7.41 Billion ≈ $5.24 Billion 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 James Hardie Industries Plc (JHX) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$6.40 Billion
% of Total Assets 46.34%
Annual Growth Rate 4.77%
5-Year Change 103.76%
10-Year Change N/A
Growth Volatility 296.81

James Hardie Industries Plc - Net Assets Trend (2000–2025)

This chart illustrates how James Hardie Industries Plc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of James Hardie Industries Plc for the complete picture of this company's asset base.

Annual Net Assets for James Hardie Industries Plc (2000–2025)

The table below shows the annual net assets of James Hardie Industries Plc from 2000 to 2025. For live valuation and market cap data, see JHX market cap.

Year Net Assets Change
2025-03-31 AU$2.16 Billion
≈ $1.53 Billion		 +16.28%
2024-03-31 AU$1.86 Billion
≈ $1.32 Billion		 +15.36%
2023-03-31 AU$1.61 Billion
≈ $1.14 Billion		 +20.89%
2022-03-31 AU$1.33 Billion
≈ $943.11 Million		 +25.65%
2021-03-31 AU$1.06 Billion
≈ $750.58 Million		 +1.89%
2020-03-31 AU$1.04 Billion
≈ $736.64 Million		 +6.85%
2019-03-31 AU$974.40 Million
≈ $689.45 Million		 +539.91%
2018-03-31 AU$-221.50 Million
≈ $-156.73 Million		 -4.38%
2017-03-31 AU$-212.20 Million
≈ $-150.15 Million		 +5.77%
2016-03-31 AU$-225.20 Million
≈ $-159.34 Million		 -11.15%
2015-03-31 AU$-202.60 Million
≈ $-143.35 Million		 -1.81%
2014-03-31 AU$-199.00 Million
≈ $-140.81 Million		 -1193.41%
2013-03-31 AU$18.20 Million
≈ $12.88 Million		 -85.60%
2012-03-31 AU$126.40 Million
≈ $89.44 Million		 +127.81%
2011-03-31 AU$-454.50 Million
≈ $-321.59 Million		 -285.50%
2010-03-31 AU$-117.90 Million
≈ $-83.42 Million		 -8.46%
2009-03-31 AU$-108.70 Million
≈ $-76.91 Million		 +46.35%
2008-03-31 AU$-202.60 Million
≈ $-143.35 Million		 -178.31%
2007-03-31 AU$258.70 Million
≈ $183.05 Million		 +172.60%
2006-03-31 AU$94.90 Million
≈ $67.15 Million		 -84.81%
2005-03-31 AU$624.70 Million
≈ $442.02 Million		 +23.78%
2004-03-31 AU$504.70 Million
≈ $357.11 Million		 +16.10%
2003-03-31 AU$434.70 Million
≈ $307.58 Million		 +17.36%
2002-03-31 AU$370.40 Million
≈ $262.08 Million		 +31.77%
2001-03-31 AU$281.10 Million
≈ $198.90 Million		 -58.32%
2000-03-31 AU$674.40 Million
≈ $477.18 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to James Hardie Industries Plc'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 1207.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings AU$1.73 Billion 79.84%
Common Stock AU$222.10 Million 10.28%
Other Comprehensive Income AU$-58.20 Million -2.69%
Other Components AU$271.90 Million 12.58%
Total Equity AU$2.16 Billion 100.00%

James Hardie Industries Plc Competitors by Market Cap

The table below lists competitors of James Hardie Industries Plc ranked by their market capitalization.

Company Market Cap
PICC Property and Casualty Company Limited
F:PJC
 $12.06 Billion
Bureau Veritas SA
PA:BVI
 $12.07 Billion
Tongling Nonferrous Metals Group Co Ltd
SHE:000630
 $12.07 Billion
BUREAU VERITAS ADR EO-12
F:4BV0
 $12.07 Billion
Pinterest Inc
NYSE:PINS
 $12.05 Billion
MAPFRE S.A.ADR 2 / EO-10
F:CMA
 $12.03 Billion
Fresenius Medical Care AG & Co. KGaA
XETRA:FME
 $12.02 Billion
Saputo Inc
TO:SAP
 $12.01 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in James Hardie Industries Plc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,858,900,000 to 2,161,500,000, a change of 302,600,000 (16.3%).
  • Net income of 424,000,000 contributed positively to equity growth.
  • Share repurchases of 149,900,000 reduced equity.
  • Other comprehensive income increased equity by 10,100,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$424.00 Million +19.62%
Share Repurchases AU$149.90 Million -6.93%
Other Comprehensive Income AU$10.10 Million +0.47%
Other Changes AU$18.40 Million +0.85%
Total Change AU$- 16.28%

Book Value vs Market Value Analysis

This analysis compares James Hardie Industries Plc'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: 5.86x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 42.81x to 5.86x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-03-31 AU$0.69 AU$29.38 x
2002-03-31 AU$0.84 AU$29.38 x
2003-03-31 AU$0.95 AU$29.38 x
2004-03-31 AU$1.09 AU$29.38 x
2005-03-31 AU$1.36 AU$29.38 x
2006-03-31 AU$0.21 AU$29.38 x
2007-03-31 AU$0.55 AU$29.38 x
2008-03-31 AU$-0.45 AU$29.38 x
2009-03-31 AU$-0.25 AU$29.38 x
2010-03-31 AU$-0.27 AU$29.38 x
2011-03-31 AU$-1.04 AU$29.38 x
2012-03-31 AU$0.29 AU$29.38 x
2013-03-31 AU$0.04 AU$29.38 x
2014-03-31 AU$-0.45 AU$29.38 x
2015-03-31 AU$-0.45 AU$29.38 x
2016-03-31 AU$-0.50 AU$29.38 x
2017-03-31 AU$-0.48 AU$29.38 x
2018-03-31 AU$-0.50 AU$29.38 x
2019-03-31 AU$2.20 AU$29.38 x
2020-03-31 AU$2.34 AU$29.38 x
2021-03-31 AU$2.38 AU$29.38 x
2022-03-31 AU$2.99 AU$29.38 x
2023-03-31 AU$3.62 AU$29.38 x
2024-03-31 AU$4.23 AU$29.38 x
2025-03-31 AU$5.02 AU$29.38 x

Capital Efficiency Dashboard

This dashboard shows how efficiently James Hardie Industries Plc 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): 19.62%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.93%
  • • Asset Turnover: 0.74x
  • • Equity Multiplier: 2.42x
  • Recent ROE (19.62%) is below the historical average (21.78%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 13.73% 7.33% 0.54x 3.45x AU$10.49 Million
2002 7.91% 4.83% 0.66x 2.47x AU$-7.74 Million
2003 39.22% 21.21% 0.97x 1.90x AU$127.03 Million
2004 25.68% 13.20% 1.01x 1.92x AU$79.13 Million
2005 20.31% 10.48% 1.11x 1.74x AU$64.43 Million
2006 -533.93% -34.04% 1.03x 15.23x AU$-516.19 Million
2007 58.64% 9.83% 0.73x 8.23x AU$125.83 Million
2008 0.00% -4.87% 0.67x 0.00x AU$-51.34 Million
2009 0.00% 11.33% 0.63x 0.00x AU$147.17 Million
2010 0.00% -7.55% 0.52x 0.00x AU$-73.11 Million
2011 0.00% -29.73% 0.60x 0.00x AU$-301.55 Million
2012 478.09% 48.83% 0.54x 18.28x AU$591.66 Million
2013 250.00% 3.44% 0.63x 115.80x AU$43.68 Million
2014 0.00% 6.66% 0.71x 0.00x AU$119.40 Million
2015 0.00% 17.58% 0.81x 0.00x AU$311.56 Million
2016 0.00% 14.14% 0.85x 0.00x AU$266.92 Million
2017 0.00% 14.39% 0.95x 0.00x AU$297.72 Million
2018 0.00% 7.11% 0.87x 0.00x AU$168.25 Million
2019 23.48% 9.13% 0.62x 4.14x AU$131.36 Million
2020 23.20% 9.26% 0.65x 3.87x AU$137.39 Million
2021 24.77% 9.03% 0.71x 3.85x AU$156.72 Million
2022 34.44% 12.70% 0.85x 3.18x AU$325.81 Million
2023 31.77% 13.56% 0.84x 2.78x AU$350.86 Million
2024 27.45% 12.96% 0.80x 2.64x AU$324.31 Million
2025 19.62% 10.93% 0.74x 2.42x AU$207.85 Million

Industry Comparison

This section compares James Hardie Industries Plc's net assets metrics with peer companies in the Building Materials industry.

Industry Context

  • Industry: Building Materials
  • Average net assets among peers: $69,683,092
  • Average return on equity (ROE) among peers: -22.40%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
James Hardie Industries Plc (JHX) AU$6.40 Billion 13.73% 1.16x $12.06 Billion
Brickworks Ltd (BKW) $93.00 Million 1.25% 0.05x $3.59 Billion
Baumart Holdings Ltd (BMH) $3.10 Million -77.30% 0.16x $691.89K
Wagners Holding Company Ltd (WGN) $112.95 Million 8.85% 2.29x $644.41 Million

About James Hardie Industries Plc

AU:JHX Australia Building Materials
Market Cap
$12.06 Billion
AU$17.04 Billion AUD
Market Cap Rank
#1934 Global
#39 in Australia
Share Price
AU$29.38
Change (1 day)
+0.96%
52-Week Range
AU$25.43 - AU$45.67
All Time High
AU$62.60
Categories
Companies in Australia Building Materials
About

James Hardie Industries plc engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand. It operates in three segments: North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products. The company offers fiber cement interior linings, exterior siding products, and related accessories. Its … Read more