Daiwa House Industry Co.Ltd (DWH) - Net Assets
Based on the latest financial reports, Daiwa House Industry Co.Ltd (DWH) has net assets worth €2.74 Trillion EUR as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€7.36 Trillion) and total liabilities (€4.62 Trillion). 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 | €2.74 Trillion |
| % of Total Assets | 37.24% |
| Annual Growth Rate | 9.58% |
| 5-Year Change | 43.48% |
| 10-Year Change | 129.85% |
| Growth Volatility | 2.88 |
Daiwa House Industry Co.Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Daiwa House Industry 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 Daiwa House Industry Co.Ltd (2014–2025)
The table below shows the annual net assets of Daiwa House Industry Co.Ltd from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €2.72 Trillion | +7.65% |
| 2024-03-31 | €2.52 Trillion | +5.64% |
| 2023-03-31 | €2.39 Trillion | +13.14% |
| 2022-03-31 | €2.11 Trillion | +11.51% |
| 2021-03-31 | €1.89 Trillion | +6.77% |
| 2020-03-31 | €1.77 Trillion | +7.89% |
| 2019-03-31 | €1.64 Trillion | +8.60% |
| 2018-03-31 | €1.51 Trillion | +13.81% |
| 2017-03-31 | €1.33 Trillion | +12.51% |
| 2016-03-31 | €1.18 Trillion | +6.22% |
| 2015-03-31 | €1.11 Trillion | +12.10% |
| 2014-03-31 | €992.68 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Daiwa House Industry 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 358.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.13 Trillion | 81.58% |
| Other Components | €481.42 Billion | 18.42% |
| Total Equity | €2.61 Trillion | 100.00% |
Daiwa House Industry Co.Ltd Competitors by Market Cap
The table below lists competitors of Daiwa House Industry Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HEICO Corporation
NYSE:HEI-A
|
$18.69 Billion |
|
Zhejiang Century Huatong Group Co Ltd
SHE:002602
|
$18.70 Billion |
|
Lululemon Athletica Inc.
NASDAQ:LULU
|
$18.71 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
$18.71 Billion |
|
Burlington Stores Inc
NYSE:BURL
|
$18.67 Billion |
|
Grupo Carso S.A.B. de C.V
MX:GCARSOA1
|
$18.64 Billion |
|
Fortive Corp
NYSE:FTV
|
$18.63 Billion |
|
Dongfang Electric Corp Ltd Class A
SHG:600875
|
$18.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Daiwa House Industry Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,437,861,000,000 to 2,614,236,000,000, a change of 176,375,000,000 (7.2%).
- Net income of 325,058,000,000 contributed positively to equity growth.
- Dividend payments of 95,635,000,000 reduced retained earnings.
- Share repurchases of 100,015,000,000 reduced equity.
- New share issuances of 1,000,000 increased equity.
- Other factors increased equity by 46,966,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €325.06 Billion | +12.43% |
| Dividends Paid | €95.64 Billion | -3.66% |
| Share Repurchases | €100.02 Billion | -3.83% |
| Share Issuances | €1.00 Million | +0.0% |
| Other Changes | €46.97 Billion | +1.8% |
| Total Change | €- | 7.23% |
Book Value vs Market Value Analysis
This analysis compares Daiwa House Industry 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 | €1971.83 | €25.80 | x |
| 2018-03-31 | €2218.34 | €25.80 | x |
| 2019-03-31 | €2404.49 | €25.80 | x |
| 2020-03-31 | €2600.97 | €25.80 | x |
| 2021-03-31 | €2805.22 | €25.80 | x |
| 2022-03-31 | €3081.07 | €25.80 | x |
| 2023-03-31 | €3466.85 | €25.80 | x |
| 2024-03-31 | €3810.21 | €25.80 | x |
| 2025-03-31 | €4226.16 | €25.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Daiwa House Industry 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): 12.43%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.98%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.70x
- Recent ROE (12.43%) is below the historical average (12.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 10.35% | 3.78% | 1.01x | 2.70x | €3.44 Billion |
| 2015 | 10.59% | 4.17% | 0.93x | 2.73x | €6.57 Billion |
| 2016 | 8.85% | 3.24% | 0.98x | 2.78x | €-13.45 Billion |
| 2017 | 15.42% | 5.74% | 0.99x | 2.72x | €70.86 Billion |
| 2018 | 16.03% | 6.23% | 0.94x | 2.74x | €88.89 Billion |
| 2019 | 14.88% | 5.73% | 0.96x | 2.72x | €77.83 Billion |
| 2020 | 13.53% | 5.33% | 0.95x | 2.68x | €60.89 Billion |
| 2021 | 10.63% | 4.73% | 0.82x | 2.75x | €11.55 Billion |
| 2022 | 11.15% | 5.07% | 0.80x | 2.73x | €23.26 Billion |
| 2023 | 13.50% | 6.28% | 0.80x | 2.69x | €79.98 Billion |
| 2024 | 12.25% | 5.74% | 0.80x | 2.68x | €54.97 Billion |
| 2025 | 12.43% | 5.98% | 0.77x | 2.70x | €63.63 Billion |
Industry Comparison
This section compares Daiwa House Industry Co.Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,443,117,399,015
- Average return on equity (ROE) among peers: -8.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Daiwa House Industry Co.Ltd (DWH) | €2.74 Trillion | 10.35% | 1.69x | $18.68 Billion |
| CK Asset Holdings Limited (1CK) | $400.20 Billion | 3.48% | 0.25x | $17.68 Billion |
| RONSHINE CH.HLD.HD-00001 (1R7) | $52.28 Billion | 2.48% | 3.69x | $19.02 Million |
| AGUNG PODOMORO (2AG.SG) (2AG) | $13.78 Trillion | 4.60% | 0.89x | $13.27 Million |
| Pruksa Holding Public Company Limited (2PR3) | $43.79 Billion | 6.33% | 0.79x | $181.69 Million |
| Zhong An Group Limited (35Z) | $10.52 Billion | 6.06% | 1.87x | $32.94 Million |
| China Jinmao Holdings Group Limited (3F5) | $56.33 Billion | 9.40% | 1.45x | $2.37 Billion |
| Sino-Ocean Group Holding Limited (3SD) | $76.45 Billion | 3.57% | 2.68x | $158.20 Million |
| HUIJING HLDG.CO.LTD HD-01 (3XU) | $525.42 Million | -132.60% | 18.83x | $5.25 Million |
| ZHONGLIANG HLDG HD-01 (3ZH) | $35.48 Billion | 7.62% | 6.53x | $8.69 Million |
| China Aoyuan Group Limited (47C) | $-28.08 Billion | 0.00% | 0.00x | $27.52 Million |
About Daiwa House Industry Co.Ltd
Daiwa House Industry Co., Ltd., together with its subsidiaries, engages in the construction work business in Japan, the United States, and internationally. It operates through Single-Family Houses Business; Rental Housing Business; Condominiums Business; Commercial Facilities Business; Logistics, Business and Corporate Facilities Business; Environmental and Energy Business; and Other Businesses s… Read more