AOZORA BANK LTD ADR/20 (AON0) - Net Assets
Based on the latest financial reports, AOZORA BANK LTD ADR/20 (AON0) has net assets worth €491.61 Billion EUR (≈ $574.74 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.60 Trillion ≈ $10.06 Trillion USD) and total liabilities (€8.11 Trillion ≈ $9.48 Trillion 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 AOZORA BANK LTD ADR/20 (AON0) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €491.61 Billion |
| % of Total Assets | 5.72% |
| Annual Growth Rate | 0.22% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.95 |
AOZORA BANK LTD ADR/20 - Net Assets Trend (2022–2026)
This chart illustrates how AOZORA BANK LTD ADR/20's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see AON0 company net worth.
Annual Net Assets for AOZORA BANK LTD ADR/20 (2022–2026)
The table below shows the annual net assets of AOZORA BANK LTD ADR/20 from 2022 to 2026. Also explore net asset momentum of AOZORA BANK LTD ADR/20 to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | €491.61 Billion ≈ $574.74 Billion |
+6.94% |
| 2025-03-31 | €459.69 Billion ≈ $537.42 Billion |
+17.54% |
| 2024-03-31 | €391.08 Billion ≈ $457.21 Billion |
-9.29% |
| 2023-03-31 | €431.12 Billion ≈ $504.02 Billion |
-11.52% |
| 2022-03-31 | €487.26 Billion ≈ $569.66 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to AOZORA BANK LTD ADR/20'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 15.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €254.99 Billion | 53.13% |
| Other Components | €224.95 Billion | 46.87% |
| Total Equity | €479.94 Billion | 100.00% |
AOZORA BANK LTD ADR/20 Competitors by Market Cap
The table below lists competitors of AOZORA BANK LTD ADR/20 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
A-Zenith Home Furnishings Co Ltd
SHG:603389
|
$1.83 Billion |
|
Jiamei Food Packaging Chuzhou Co
SHE:002969
|
$1.83 Billion |
|
Jinke Property Group Co Ltd
SHE:000656
|
$1.83 Billion |
|
Shanghai Awinic Technology Co Ltd
SHG:688798
|
$1.83 Billion |
|
City Union Bank Limited
NSE:CUB
|
$1.83 Billion |
|
Diversified Healthcare Trust
NASDAQ:DHC
|
$1.83 Billion |
|
Devyani International Limited
NSE:DEVYANI
|
$1.82 Billion |
|
Aisino Corp
SHG:600271
|
$1.82 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AOZORA BANK LTD ADR/20's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 451,418,000,000 to 479,941,000,000, a change of 28,523,000,000 (6.3%).
- Net income of 25,705,000,000 contributed positively to equity growth.
- Dividend payments of 12,177,000,000 reduced retained earnings.
- Other factors increased equity by 14,995,000,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €25.70 Billion | +5.36% |
| Dividends Paid | €12.18 Billion | -2.54% |
| Other Changes | €14.99 Billion | +3.12% |
| Total Change | €- | 6.32% |
Book Value vs Market Value Analysis
This analysis compares AOZORA BANK LTD ADR/20'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 |
|---|---|---|---|
| 2022-03-31 | €4226.12 | €3.18 | x |
| 2023-03-31 | €3756.26 | €3.18 | x |
| 2024-03-31 | €3290.49 | €3.18 | x |
| 2025-03-31 | €3262.14 | €3.18 | x |
| 2026-03-31 | €3468.26 | €3.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AOZORA BANK LTD ADR/20 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): 5.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.79%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 17.92x
- Recent ROE (5.36%) is above the historical average (1.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 7.09% | 30.14% | 0.02x | 13.63x | €-14.35 Billion |
| 2023 | 1.99% | 8.34% | 0.01x | 16.38x | €-35.15 Billion |
| 2024 | -12.98% | -47.19% | 0.01x | 19.78x | €-88.34 Billion |
| 2025 | 4.55% | 18.93% | 0.01x | 17.20x | €-24.62 Billion |
| 2026 | 5.36% | 20.79% | 0.01x | 17.92x | €-22.29 Billion |
Industry Comparison
This section compares AOZORA BANK LTD ADR/20's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $4,287,368,671,600
- Average return on equity (ROE) among peers: 6.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AOZORA BANK LTD ADR/20 (AON0) | €491.61 Billion | 7.09% | 16.50x | $1.83 Billion |
| Grupo Supervielle S.A (189A) | $16.97 Billion | -17.85% | 7.35x | $590.94 Million |
| WOORI FIN. GRP SP.ADR/3 (2WGA) | $31.63 Trillion | 10.08% | 14.19x | $11.06 Billion |
| Bank of Zhengzhou Co. Ltd (3BZ) | $39.89 Billion | 8.24% | 11.55x | $219.68 Million |
| Manx Financial Group PLC (3IM) | $43.55 Million | 14.67% | 11.89x | $30.82 Million |
| Postal Savings Bank of China Co Ltd (3YB) | $795.55 Billion | 9.57% | 14.82x | $13.57 Billion |
| PO.S.B.O. UNSP.ADRS/20YC1 (3YB0) | $1.16 Trillion | 7.52% | 15.07x | $13.93 Billion |
| TISCO Financial Group Public Company Limited (47TA) | $42.45 Billion | 17.20% | 5.85x | $2.59 Billion |
| Bank of Qingdao Co. Ltd (4BQ) | $33.33 Billion | 8.77% | 14.67x | $1.46 Billion |
| Harbin Bank Co. Ltd (5H6) | $64.78 Billion | 1.77% | 14.73x | $116.65 Million |
| JAPAN POST BK UNSP.ADR/1 (5JP0) | $9.09 Trillion | 4.56% | 24.70x | $53.42 Billion |
About AOZORA BANK LTD ADR/20
Aozora Bank, Ltd., together with its subsidiaries, provides various banking products and services in Japan and internationally. It operates through Institutional Banking Group, Structured Finance Group, International Business Group, Customer Relations Group, and Market Group segments. The company offers checking accounts, savings accounts, time deposits, deposits-at-notice, non-residents deposits… Read more