Sumitomo Rubber Industries Ltd
Sumitomo Rubber Industries, Ltd., together with its subsidiaries, provides tires, sports, and industrial and other products in Japan and internationally. The company manufactures and sells a range of tires for various vehicles, such as passenger cars, trucks, buses, motorcycles, construction vehicles, agricultural vehicles, and race and rally cars, as well as for industrial vehicles under the Dun… Read more
Sumitomo Rubber Industries Ltd (108) - Net Assets
Latest net assets as of June 2025: €659.26 Billion EUR
Based on the latest financial reports, Sumitomo Rubber Industries Ltd (108) has net assets worth €659.26 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.35 Trillion) and total liabilities (€693.72 Billion). 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 | €659.26 Billion |
| % of Total Assets | 48.73% |
| Annual Growth Rate | 4.52% |
| 5-Year Change | 44.68% |
| 10-Year Change | N/A |
| Growth Volatility | 5.59 |
Sumitomo Rubber Industries Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Sumitomo Rubber Industries Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sumitomo Rubber Industries Ltd (2015–2024)
The table below shows the annual net assets of Sumitomo Rubber Industries Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €675.81 Billion | +5.36% |
| 2023-12-31 | €641.43 Billion | +13.76% |
| 2022-12-31 | €563.86 Billion | +9.80% |
| 2021-12-31 | €513.54 Billion | +9.94% |
| 2020-12-31 | €467.10 Billion | -1.77% |
| 2019-12-31 | €475.54 Billion | +0.58% |
| 2018-12-31 | €472.81 Billion | -3.68% |
| 2017-12-31 | €490.89 Billion | +6.82% |
| 2016-12-31 | €459.54 Billion | +1.27% |
| 2015-12-31 | €453.77 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sumitomo Rubber Industries Ltd'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 72.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €520.82 Billion | 79.38% |
| Other Components | €135.32 Billion | 20.62% |
| Total Equity | €656.13 Billion | 100.00% |
Sumitomo Rubber Industries Ltd Competitors by Market Cap
The table below lists competitors of Sumitomo Rubber Industries Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Holitech Technology Co Ltd
SHE:002217
|
$2.09 Billion |
|
Syntec Technology Co., Ltd.
TW:7750
|
$2.09 Billion |
|
Dave Inc
NASDAQ:DAVE
|
$2.09 Billion |
|
Dr Ing hcF Porsche AG
F:P911
|
$2.09 Billion |
|
PennyMac Financial Services Inc
F:1AC
|
$2.09 Billion |
|
GE T&D India Limited
NSE:GET&D
|
$2.09 Billion |
|
Emlak Konut Gayrimenkul Yatirim Ortakligi AS
IS:EKGYO
|
$2.09 Billion |
|
Henan Mingtai Al.Industrial Co Ltd
SHG:601677
|
$2.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sumitomo Rubber Industries Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 624,114,000,000 to 656,134,000,000, a change of 32,020,000,000 (5.1%).
- Net income of 9,865,000,000 contributed positively to equity growth.
- Dividend payments of 21,561,000,000 reduced retained earnings.
- Other factors increased equity by 43,716,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €9.87 Billion | +1.5% |
| Dividends Paid | €21.56 Billion | -3.29% |
| Other Changes | €43.72 Billion | +6.66% |
| Total Change | €- | 5.13% |
Book Value vs Market Value Analysis
This analysis compares Sumitomo Rubber Industries Ltd'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: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €1810.56 | €10.90 | x |
| 2018-12-31 | €1741.11 | €10.90 | x |
| 2019-12-31 | €1752.07 | €10.90 | x |
| 2020-12-31 | €1729.05 | €10.90 | x |
| 2021-12-31 | €1907.03 | €10.90 | x |
| 2022-12-31 | €2076.74 | €10.90 | x |
| 2023-12-31 | €2372.90 | €10.90 | x |
| 2024-12-31 | €2494.54 | €10.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sumitomo Rubber Industries Ltd 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): 1.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.81%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.04x
- Recent ROE (1.50%) is below the historical average (6.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 13.17% | 6.58% | 0.91x | 2.21x | €13.45 Billion |
| 2016 | 9.85% | 5.59% | 0.84x | 2.09x | €-660.60 Million |
| 2017 | 10.77% | 5.64% | 0.86x | 2.21x | €3.55 Billion |
| 2018 | 8.12% | 4.16% | 0.89x | 2.19x | €-8.61 Billion |
| 2019 | 2.86% | 1.47% | 0.86x | 2.25x | €-32.91 Billion |
| 2020 | 4.97% | 2.86% | 0.81x | 2.14x | €-22.88 Billion |
| 2021 | 5.88% | 3.15% | 0.86x | 2.17x | €-20.68 Billion |
| 2022 | 1.72% | 0.86% | 0.90x | 2.24x | €-45.20 Billion |
| 2023 | 5.94% | 3.15% | 0.93x | 2.03x | €-25.36 Billion |
| 2024 | 1.50% | 0.81% | 0.90x | 2.04x | €-55.75 Billion |
Industry Comparison
This section compares Sumitomo Rubber Industries Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,228,289,000
- Average return on equity (ROE) among peers: 3.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sumitomo Rubber Industries Ltd (108) | €659.26 Billion | 13.17% | 1.05x | $2.09 Billion |
| Indel B S.p.A (2I6) | $127.10 Million | 8.21% | 0.75x | $24.38 Million |
| Pirelli & C SPA (2PI) | $4.55 Billion | 0.65% | 2.02x | $2.16 Billion |
| 9FS1 (9FS1) | $-26.41 Million | 0.00% | 0.00x | $10.52 Million |
| Acma Ltd (AAX1) | $2.64 Million | 24.39% | 2.34x | $1.11 Million |
| AUMOVIO N (AMV0) | $4.35 Billion | -23.28% | 4.67x | $357.76K |
| Bertrandt Aktiengesellschaft (BDT) | $51.55 Million | 3.92% | 1.48x | $64.88 Million |
| CIR S.p.A. - Compagnie Industriali Riunite (BN7) | $1.07 Billion | 12.35% | 1.58x | $318.19 Million |
| Cooper-Standard Holdings Inc (C31) | $875.98 Million | 7.71% | 2.01x | $413.09 Million |
| Delticom AG (DEX) | $49.25 Million | -2.95% | 3.72x | $17.82 Million |