Daido Steel Co. Ltd
Daido Steel Co., Ltd. engages in the manufacture and sale of steel products in Japan and internationally. The Specialty Steel segment is involved in automotive parts, industrial machinery parts, electrical machinery parts, construction, and tool steel business; and products and materials manufacturing, distribution, raw materials sales, transportation and logistics business. The High Performance … Read more
Daido Steel Co. Ltd (DDL) - Net Assets
Latest net assets as of September 2025: €477.99 Billion EUR
Based on the latest financial reports, Daido Steel Co. Ltd (DDL) has net assets worth €477.99 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€802.54 Billion) and total liabilities (€324.56 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 | €477.99 Billion |
| % of Total Assets | 59.56% |
| Annual Growth Rate | 5.24% |
| 5-Year Change | 38.25% |
| 10-Year Change | 74.83% |
| Growth Volatility | 6.26 |
Daido Steel Co. Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Daido Steel Co. 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 Daido Steel Co. Ltd (2014–2025)
The table below shows the annual net assets of Daido Steel Co. Ltd from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €469.14 Billion | +2.59% |
| 2024-03-31 | €457.31 Billion | +12.78% |
| 2023-03-31 | €405.48 Billion | +11.09% |
| 2022-03-31 | €365.00 Billion | +7.56% |
| 2021-03-31 | €339.35 Billion | +9.77% |
| 2020-03-31 | €309.14 Billion | -2.83% |
| 2019-03-31 | €318.14 Billion | +0.55% |
| 2018-03-31 | €316.41 Billion | +8.92% |
| 2017-03-31 | €290.50 Billion | +8.26% |
| 2016-03-31 | €268.35 Billion | -8.23% |
| 2015-03-31 | €292.40 Billion | +9.26% |
| 2014-03-31 | €267.62 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Daido Steel Co. 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 127.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €332.89 Billion | 77.55% |
| Other Components | €96.39 Billion | 22.45% |
| Total Equity | €429.28 Billion | 100.00% |
Daido Steel Co. Ltd Competitors by Market Cap
The table below lists competitors of Daido Steel Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CETC Energy Joint Stock Co Ltd
SHG:600877
|
$1.74 Billion |
|
Nordex SE
PINK:NRDXF
|
$1.74 Billion |
|
Suzhou Crystal Clear Chemical Co Ltd
SHE:300655
|
$1.74 Billion |
|
Secure Energy Services Inc
PINK:SECYF
|
$1.74 Billion |
|
Lanxess AG
PINK:LNXSF
|
$1.74 Billion |
|
PT Barito Pacific Tbk
F:OB8
|
$1.74 Billion |
|
Cholamandalam Financial Holdings Limited
NSE:CHOLAHLDNG
|
$1.74 Billion |
|
China Nonferrous Mining Corporation Limited
STU:3N4
|
$1.74 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daido Steel Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 418,562,000,000 to 429,278,000,000, a change of 10,716,000,000 (2.6%).
- Net income of 28,314,000,000 contributed positively to equity growth.
- Dividend payments of 10,033,000,000 reduced retained earnings.
- Share repurchases of 8,500,000,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €28.31 Billion | +6.6% |
| Dividends Paid | €10.03 Billion | -2.34% |
| Share Repurchases | €8.50 Billion | -1.98% |
| Other Changes | €935.00 Million | +0.22% |
| Total Change | €- | 2.56% |
Book Value vs Market Value Analysis
This analysis compares Daido Steel Co. 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: 0.01x
- 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 |
|---|---|---|---|
| 2017-03-31 | €6094.67 | €10.90 | x |
| 2018-03-31 | €6671.88 | €10.90 | x |
| 2019-03-31 | €6697.36 | €10.90 | x |
| 2020-03-31 | €6417.31 | €10.90 | x |
| 2021-03-31 | €7111.37 | €10.90 | x |
| 2022-03-31 | €7734.70 | €10.90 | x |
| 2023-03-31 | €8650.07 | €10.90 | x |
| 2024-03-31 | €1963.94 | €10.90 | x |
| 2025-03-31 | €2085.61 | €10.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daido Steel Co. 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): 6.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.92%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.82x
- Recent ROE (6.60%) is above the historical average (6.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 5.43% | 2.76% | 0.82x | 2.40x | €-10.60 Billion |
| 2015 | 4.25% | 2.25% | 0.82x | 2.30x | €-14.72 Billion |
| 2016 | 2.90% | 1.46% | 0.86x | 2.30x | €-16.54 Billion |
| 2017 | 6.31% | 3.68% | 0.78x | 2.21x | €-9.60 Billion |
| 2018 | 8.41% | 4.73% | 0.78x | 2.27x | €-4.52 Billion |
| 2019 | 7.42% | 3.90% | 0.83x | 2.28x | €-7.37 Billion |
| 2020 | 4.02% | 2.24% | 0.78x | 2.29x | €-16.37 Billion |
| 2021 | 1.49% | 1.09% | 0.62x | 2.20x | €-25.80 Billion |
| 2022 | 8.16% | 5.08% | 0.73x | 2.21x | €-6.08 Billion |
| 2023 | 9.88% | 6.30% | 0.75x | 2.10x | €-433.60 Million |
| 2024 | 7.30% | 5.28% | 0.73x | 1.88x | €-11.30 Billion |
| 2025 | 6.60% | 4.92% | 0.73x | 1.82x | €-14.61 Billion |
Industry Comparison
This section compares Daido Steel Co. Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $6,477,217,806
- Average return on equity (ROE) among peers: 8.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daido Steel Co. Ltd (DDL) | €477.99 Billion | 5.43% | 0.68x | $1.74 Billion |
| PT Krakatau Steel (Persero) Tbk (07K) | $1.85 Billion | -4.41% | 1.22x | $45.67 Million |
| Xiwang Special Steel Company Limited (2XI) | $3.13 Billion | 12.25% | 2.32x | $64.01K |
| Tiangong International Company Limited (34T1) | $5.20 Billion | 7.59% | 0.96x | $232.31 Million |
| Fenix Resources Limited (4ER) | $118.73 Million | 42.70% | 0.36x | $88.47 Million |
| INDUSTRIAS CH-B (AKQ.SG) (AKQ) | $43.03 Billion | 6.90% | 0.29x | $2.77 Billion |
| BE Group AB (publ) (BGA1) | $892.00 Million | 8.97% | 1.37x | $23.57 Million |
| China Vanadium Titano-Magnetite Mining Company Limited (CV8S) | $915.45 Million | -1.86% | 0.34x | $7.47 Million |
| Shougang Concord Century Holdings Limited (CW7) | $1.39 Billion | -4.92% | 1.48x | $40.36 Million |
| Da Ming International Holdings Limited (DM7) | $1.75 Billion | 5.58% | 1.98x | $31.19 Million |