Taisei Corporation (TKK1) - Net Assets
Based on the latest financial reports, Taisei Corporation (TKK1) has net assets worth €925.39 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 (€2.52 Trillion) and total liabilities (€1.59 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 | €925.39 Billion |
| % of Total Assets | 36.77% |
| Annual Growth Rate | 8.05% |
| 5-Year Change | 6.67% |
| 10-Year Change | 72.79% |
| Growth Volatility | 9.32 |
Taisei Corporation - Net Assets Trend (2014–2025)
This chart illustrates how Taisei Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Taisei Corporation (2014–2025)
The table below shows the annual net assets of Taisei Corporation from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €900.70 Billion | -6.27% |
| 2024-03-31 | €961.00 Billion | +15.24% |
| 2023-03-31 | €833.94 Billion | -4.46% |
| 2022-03-31 | €872.83 Billion | +3.37% |
| 2021-03-31 | €844.42 Billion | +12.00% |
| 2020-03-31 | €753.91 Billion | +4.36% |
| 2019-03-31 | €722.39 Billion | +7.98% |
| 2018-03-31 | €669.02 Billion | +17.20% |
| 2017-03-31 | €570.81 Billion | +9.50% |
| 2016-03-31 | €521.28 Billion | +5.93% |
| 2015-03-31 | €492.11 Billion | +28.10% |
| 2014-03-31 | €384.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taisei Corporation'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 437.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €649.20 Billion | 74.95% |
| Other Components | €216.99 Billion | 25.05% |
| Total Equity | €866.19 Billion | 100.00% |
Taisei Corporation Competitors by Market Cap
The table below lists competitors of Taisei Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BJs Wholesale Club Holdings Inc
NYSE:BJ
|
$12.05 Billion |
|
Aegon Ltd.
SA:A1EG34
|
$12.06 Billion |
|
Bureau Veritas SA
PA:BVI
|
$12.07 Billion |
|
AGNC Investment Corp
NASDAQ:AGNC
|
$12.07 Billion |
|
Koc Holding AS
IS:KCHOL
|
$12.03 Billion |
|
Pinterest Inc
NYSE:PINS
|
$11.99 Billion |
|
Unum Group
NYSE:UNM
|
$11.99 Billion |
|
Lattice Semiconductor Corporation
NASDAQ:LSCC
|
$11.98 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taisei Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 929,334,000,000 to 866,188,000,000, a change of -63,146,000,000 (-6.8%).
- Net income of 123,824,000,000 contributed positively to equity growth.
- Dividend payments of 23,877,000,000 reduced retained earnings.
- Share repurchases of 114,711,000,000 reduced equity.
- Other factors decreased equity by 48,382,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €123.82 Billion | +14.3% |
| Dividends Paid | €23.88 Billion | -2.76% |
| Share Repurchases | €114.71 Billion | -13.24% |
| Other Changes | €-48.38 Billion | -5.59% |
| Total Change | €- | -6.79% |
Book Value vs Market Value Analysis
This analysis compares Taisei Corporation'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 | €2483.00 | €84.50 | x |
| 2018-03-31 | €2975.01 | €84.50 | x |
| 2019-03-31 | €3302.84 | €84.50 | x |
| 2020-03-31 | €3550.01 | €84.50 | x |
| 2021-03-31 | €4084.79 | €84.50 | x |
| 2022-03-31 | €4335.77 | €84.50 | x |
| 2023-03-31 | €4401.98 | €84.50 | x |
| 2024-03-31 | €5039.98 | €84.50 | x |
| 2025-03-31 | €5041.42 | €84.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taisei Corporation 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): 14.30%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.75%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 2.80x
- Recent ROE (14.30%) is above the historical average (11.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 8.40% | 2.09% | 0.96x | 4.19x | €-6.12 Billion |
| 2015 | 7.80% | 2.43% | 0.91x | 3.54x | €-10.80 Billion |
| 2016 | 14.88% | 4.98% | 0.93x | 3.21x | €25.26 Billion |
| 2017 | 15.92% | 6.09% | 0.84x | 3.09x | €33.69 Billion |
| 2018 | 19.00% | 8.00% | 0.82x | 2.89x | €60.07 Billion |
| 2019 | 15.63% | 6.82% | 0.89x | 2.56x | €40.53 Billion |
| 2020 | 16.27% | 6.97% | 0.93x | 2.52x | €47.07 Billion |
| 2021 | 11.01% | 6.25% | 0.79x | 2.22x | €8.47 Billion |
| 2022 | 8.22% | 4.63% | 0.79x | 2.25x | €-15.45 Billion |
| 2023 | 5.68% | 2.87% | 0.81x | 2.43x | €-35.79 Billion |
| 2024 | 4.33% | 2.28% | 0.68x | 2.78x | €-52.66 Billion |
| 2025 | 14.30% | 5.75% | 0.89x | 2.80x | €37.21 Billion |
Industry Comparison
This section compares Taisei Corporation's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $994,769,126,001
- Average return on equity (ROE) among peers: 1.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taisei Corporation (TKK1) | €925.39 Billion | 8.40% | 1.72x | $12.03 Billion |
| ARTHA RESOURCES (16T) | $42.50 Million | 13.60% | 2.17x | $130.22 Million |
| SINOPEC Engineering (Group) Co. Ltd (1NS) | $27.27 Billion | 8.01% | 1.49x | $1.10 Billion |
| TBD30 AB A (250) | $746.10 Million | -37.22% | 0.71x | $37.30 Million |
| Wee Hur Holdings Ltd (3YM) | $347.92 Million | 5.37% | 1.44x | $518.00 Million |
| IES HLDGS INC. DL-01 (45T) | $652.11 Million | 33.60% | 0.91x | $8.77 Billion |
| Rai Way S.p.A (4RW) | $176.16 Million | 41.83% | 1.51x | $1.51 Billion |
| ENDUR ASA NK 050 (4ZT0) | $895.80 Million | 1.02% | 1.89x | $475.50 Million |
| Acrow Limited (59Y) | $149.09 Million | 15.61% | 1.72x | $174.95 Million |
| PT Wijaya Karya (Persero) Tbk (5AA) | $9.57 Trillion | -74.47% | 5.89x | $279.10 Million |
| KANDENKO CO. LTD (5EY) | $345.80 Billion | 7.91% | 0.64x | $6.61 Billion |
About Taisei Corporation
Taisei Corporation engages in the civil engineering, construction, and real estate development businesses in Japan. The company constructs offices, commercial facilities, factories, schools, hospitals, tunnels, bridges, dams, railways, expressways, etc.; and engineers production and development facilities for pharmaceutical and logistics fields. It also involved in the redevelopment, public-priva… Read more