Kawasaki Heavy Industries Ltd
Kawasaki Heavy Industries, Ltd. engages in aerospace systems, vehicles, energy solutions and marine, precision machinery, and robot businesses in Japan and internationally. The company offers aircrafts, helicopters, aircraft engines and related equipment, related systems, and space products; rail; and marine ships and machinery, watercraft, and marine-technology products. It also provides gas tur… Read more
Kawasaki Heavy Industries Ltd (KHE) - Net Assets
Latest net assets as of September 2025: €823.83 Billion EUR
Based on the latest financial reports, Kawasaki Heavy Industries Ltd (KHE) has net assets worth €823.83 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 (€3.07 Trillion) and total liabilities (€2.25 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 | €823.83 Billion |
| % of Total Assets | 26.83% |
| Annual Growth Rate | 4.93% |
| 5-Year Change | 50.19% |
| 10-Year Change | 62.71% |
| Growth Volatility | 6.49 |
Kawasaki Heavy Industries Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Kawasaki Heavy 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 Kawasaki Heavy Industries Ltd (2015–2025)
The table below shows the annual net assets of Kawasaki Heavy Industries Ltd from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €725.06 Billion | +10.77% |
| 2024-03-31 | €654.55 Billion | +9.66% |
| 2023-03-31 | €596.87 Billion | +19.73% |
| 2022-03-31 | €498.52 Billion | +3.26% |
| 2021-03-31 | €482.77 Billion | +2.38% |
| 2020-03-31 | €471.56 Billion | -4.21% |
| 2019-03-31 | €492.26 Billion | +2.26% |
| 2018-03-31 | €481.38 Billion | +6.66% |
| 2017-03-31 | €451.33 Billion | +1.28% |
| 2016-03-31 | €445.62 Billion | -0.52% |
| 2015-03-31 | €447.96 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kawasaki Heavy 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 90.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €483.53 Billion | 68.79% |
| Other Components | €219.38 Billion | 31.21% |
| Total Equity | €702.91 Billion | 100.00% |
Kawasaki Heavy Industries Ltd Competitors by Market Cap
The table below lists competitors of Kawasaki Heavy Industries Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GAIL (India) Limited
PINK:GAILF
|
$14.55 Billion |
|
Zomato Limited
NSE:ZOMATO
|
$14.55 Billion |
|
Asahi Kaisei Corp
PINK:AHKSY
|
$14.57 Billion |
|
CK Hutchison Holdings Limited
PINK:CKHUF
|
$14.57 Billion |
|
Tradeweb Markets Inc
NASDAQ:TW
|
$14.53 Billion |
|
Standard Bank Group Ltd PK
PINK:SGBLY
|
$14.52 Billion |
|
ASICS Corporation
PINK:ASCCF
|
$14.51 Billion |
|
CK Asset Holdings Limited
PINK:CNGKY
|
$14.49 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kawasaki Heavy Industries Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 634,090,000,000 to 702,915,000,000, a change of 68,825,000,000 (10.9%).
- Net income of 88,001,000,000 contributed positively to equity growth.
- Dividend payments of 16,763,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €88.00 Billion | +12.52% |
| Dividends Paid | €16.76 Billion | -2.38% |
| Other Changes | €-2.41 Billion | -0.34% |
| Total Change | €- | 10.85% |
Book Value vs Market Value Analysis
This analysis compares Kawasaki Heavy 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: 0.02x
- 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 | €2617.38 | €89.64 | x |
| 2018-03-31 | €2789.98 | €89.64 | x |
| 2019-03-31 | €2851.84 | €89.64 | x |
| 2020-03-31 | €2727.58 | €89.64 | x |
| 2021-03-31 | €2785.71 | €89.64 | x |
| 2022-03-31 | €2861.23 | €89.64 | x |
| 2023-03-31 | €3440.38 | €89.64 | x |
| 2024-03-31 | €3785.57 | €89.64 | x |
| 2025-03-31 | €4205.63 | €89.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kawasaki Heavy 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): 12.52%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.13%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 4.29x
- Recent ROE (12.52%) is above the historical average (6.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 11.95% | 3.47% | 0.89x | 3.85x | €8.44 Billion |
| 2016 | 10.67% | 2.99% | 0.95x | 3.76x | €2.91 Billion |
| 2017 | 5.99% | 1.73% | 0.90x | 3.86x | €-17.52 Billion |
| 2018 | 6.20% | 1.84% | 0.88x | 3.83x | €-17.69 Billion |
| 2019 | 5.76% | 1.72% | 0.87x | 3.86x | €-20.19 Billion |
| 2020 | 4.10% | 1.14% | 0.84x | 4.30x | €-26.90 Billion |
| 2021 | -4.15% | -1.30% | 0.76x | 4.22x | €-65.87 Billion |
| 2022 | 4.55% | 1.45% | 0.74x | 4.22x | €-26.12 Billion |
| 2023 | 9.20% | 3.07% | 0.70x | 4.27x | €-4.59 Billion |
| 2024 | 4.00% | 1.37% | 0.69x | 4.23x | €-38.03 Billion |
| 2025 | 12.52% | 4.13% | 0.71x | 4.29x | €17.71 Billion |
Industry Comparison
This section compares Kawasaki Heavy Industries Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $7,657,119,913
- Average return on equity (ROE) among peers: -52.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kawasaki Heavy Industries Ltd (KHE) | €823.83 Billion | 11.95% | 2.73x | $14.54 Billion |
| 2G Energy AG (2GB) | $146.19 Million | 16.19% | 0.90x | $344.59 Million |
| Star Micronics Co., Ltd. (2ZN) | $74.43 Billion | 2.49% | 0.25x | $572.39 Million |
| Arcure S.A. (340) | $8.25 Million | 21.18% | 1.54x | $10.75 Million |
| Valtecne S.p.A. (71W) | $10.98 Million | 20.94% | 1.55x | $8.28 Million |
| ENGIE Eps S.A (8XE) | $2.34 Million | -626.68% | 17.75x | $26.43 Million |
| FlexQube AB (publ) (A1Y) | $69.33 Million | -10.19% | 1.22x | $6.98 Million |
| Aalberts N.V (AACA) | $1.51 Billion | 13.52% | 0.92x | $3.32 Billion |
| WALTER MEIER AG NAM. (B4A1) | $169.51 Million | 12.55% | 0.87x | $155.45 Million |
| Biesse S.p.A (BI2) | $214.81 Million | 1.18% | 2.06x | $46.21 Million |
| STIF Société anonyme (D08) | $6.01 Million | 28.52% | 1.88x | $562.72K |