ZOZO Inc (SAR) - Net Assets
Based on the latest financial reports, ZOZO Inc (SAR) has net assets worth €94.92 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 (€172.33 Billion) and total liabilities (€77.40 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 | €94.92 Billion |
| % of Total Assets | 55.08% |
| Annual Growth Rate | 16.12% |
| 5-Year Change | 77.85% |
| 10-Year Change | N/A |
| Growth Volatility | 31.69 |
ZOZO Inc - Net Assets Trend (2017–2025)
This chart illustrates how ZOZO Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ZOZO Inc (2017–2025)
The table below shows the annual net assets of ZOZO Inc from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €98.72 Billion | +16.49% |
| 2024-03-31 | €84.74 Billion | +10.50% |
| 2023-03-31 | €76.69 Billion | +39.19% |
| 2022-03-31 | €55.10 Billion | -0.74% |
| 2021-03-31 | €55.51 Billion | +60.73% |
| 2020-03-31 | €34.53 Billion | +52.44% |
| 2019-03-31 | €22.65 Billion | -44.49% |
| 2018-03-31 | €40.81 Billion | +36.63% |
| 2017-03-31 | €29.87 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ZOZO Inc'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 177.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €106.79 Billion | 108.17% |
| Total Equity | €98.72 Billion | 100.00% |
ZOZO Inc Competitors by Market Cap
The table below lists competitors of ZOZO Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hancock Whitney Corp
NASDAQ:HWC
|
$5.48 Billion |
|
Blackstone Secured Lending Fund
NYSE:BXSL
|
$5.48 Billion |
|
Great Microwave Technology Co. Ltd. A
SHG:688270
|
$5.49 Billion |
|
Landstar System Inc
NASDAQ:LSTR
|
$5.49 Billion |
|
Promotora y Operadora de Infraestructura S. A. B. de C. V
MX:PINFRA
|
$5.48 Billion |
|
Bharat Dynamics Limited
NSE:BDL
|
$5.47 Billion |
|
HEALTHCARE REAL. A DL-01
F:HT0
|
$5.47 Billion |
|
Reinet Investments SCA
JSE:RNI
|
$5.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZOZO Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 84,743,000,000 to 98,718,000,000, a change of 13,975,000,000 (16.5%).
- Net income of 45,346,000,000 contributed positively to equity growth.
- Dividend payments of 32,069,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €45.35 Billion | +45.93% |
| Dividends Paid | €32.07 Billion | -32.49% |
| Other Changes | €698.00 Million | +0.71% |
| Total Change | €- | 16.49% |
Book Value vs Market Value Analysis
This analysis compares ZOZO Inc'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: 0.05x
- 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 | €94.39 | €5.30 | x |
| 2018-03-31 | €130.95 | €5.30 | x |
| 2019-03-31 | €74.20 | €5.30 | x |
| 2020-03-31 | €113.11 | €5.30 | x |
| 2021-03-31 | €181.58 | €5.30 | x |
| 2022-03-31 | €183.30 | €5.30 | x |
| 2023-03-31 | €255.37 | €5.30 | x |
| 2024-03-31 | €285.38 | €5.30 | x |
| 2025-03-31 | €110.81 | €5.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZOZO Inc 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): 45.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.28%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 1.90x
- Recent ROE (45.93%) is below the historical average (55.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 57.91% | 22.31% | 1.37x | 1.89x | €14.09 Billion |
| 2018 | 49.39% | 20.48% | 1.39x | 1.73x | €16.07 Billion |
| 2019 | 70.56% | 13.50% | 1.50x | 3.49x | €13.72 Billion |
| 2020 | 54.45% | 14.98% | 1.33x | 2.73x | €15.35 Billion |
| 2021 | 55.80% | 20.99% | 1.17x | 2.27x | €25.39 Billion |
| 2022 | 62.77% | 20.75% | 1.31x | 2.32x | €29.00 Billion |
| 2023 | 51.62% | 21.55% | 1.18x | 2.03x | €31.87 Billion |
| 2024 | 52.32% | 22.51% | 1.22x | 1.91x | €35.87 Billion |
| 2025 | 45.93% | 21.28% | 1.13x | 1.90x | €35.47 Billion |
Industry Comparison
This section compares ZOZO Inc's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $2,440,991,589,826
- Average return on equity (ROE) among peers: 6.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZOZO Inc (SAR) | €94.92 Billion | 57.91% | 0.82x | $5.48 Billion |
| JD.com Inc. (013C) | $313.30 Billion | 13.20% | 1.23x | $38.44 Billion |
| BUKALAPAK COM TBKPT RP50 (5E9) | $23.70 Trillion | -6.53% | 0.05x | $206.30 Million |
| GIGLIO.COM S.P.A. O.N. (5JR0) | $13.39 Million | -21.41% | 0.90x | $6.29 Million |
| MERCARI INC. (6TP) | $72.14 Billion | 18.66% | 5.96x | $3.48 Billion |
| GIFTEE INC. (84I) | $8.28 Billion | -6.16% | 3.97x | $188.69 Million |
| DESENIO HOLDING AB (879) | $238.60 Million | -9.35% | 5.91x | $8.26 Million |
| Pinduoduo Inc (9PDA) | $313.31 Billion | 35.89% | 0.61x | $124.36 Billion |
| artnet AG Namens-Aktien o.N. (ART) | $1.47 Million | 43.10% | 2.76x | $64.48 Million |
| Bike24 Holding AG (BIKE) | $218.41 Million | -2.94% | 0.56x | $130.29 Million |
| Delivery Hero SE (DHER) | $1.62 Billion | -2.37% | 0.24x | $6.72 Billion |
About ZOZO Inc
ZOZO, Inc. operates online shopping Websites in Japan and internationally. It operates ZOZOTOWN a fashion online shopping website; WEAR, an outfit-sharing app; Multi-Size platform, a new way of shopping for clothes where users select their height and weight to purchase their ideal size; ZOZOUSED, a website for secondhand/vintage apparel; ZOZOFIT, a body management service; ZOZOGLASS, a skin tone … Read more