Sumitomo Mitsui Financial Group Inc (XMFA) - Net Assets
Based on the latest financial reports, Sumitomo Mitsui Financial Group Inc (XMFA) has net assets worth €15.30 Trillion EUR (≈ $17.89 Trillion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€305.91 Trillion ≈ $357.64 Trillion USD) and total liabilities (€290.60 Trillion ≈ $339.74 Trillion USD). 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. Check Sumitomo Mitsui Financial Group Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €15.30 Trillion |
| % of Total Assets | 5.0% |
| Annual Growth Rate | 2.81% |
| 5-Year Change | 24.73% |
| 10-Year Change | N/A |
| Growth Volatility | 6.99 |
Sumitomo Mitsui Financial Group Inc - Net Assets Trend (2017–2025)
This chart illustrates how Sumitomo Mitsui Financial Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Sumitomo Mitsui Financial Group Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Sumitomo Mitsui Financial Group Inc (2017–2025)
The table below shows the annual net assets of Sumitomo Mitsui Financial Group Inc from 2017 to 2025. For live valuation and market cap data, see Sumitomo Mitsui Financial Group Inc (XMFA) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €14.84 Trillion ≈ $17.35 Trillion |
+0.28% |
| 2024-03-31 | €14.80 Trillion ≈ $17.30 Trillion |
+15.71% |
| 2023-03-31 | €12.79 Trillion ≈ $14.95 Trillion |
+4.87% |
| 2022-03-31 | €12.20 Trillion ≈ $14.26 Trillion |
+2.51% |
| 2021-03-31 | €11.90 Trillion ≈ $13.91 Trillion |
+8.82% |
| 2020-03-31 | €10.93 Trillion ≈ $12.78 Trillion |
-7.12% |
| 2019-03-31 | €11.77 Trillion ≈ $13.76 Trillion |
-5.78% |
| 2018-03-31 | €12.50 Trillion ≈ $14.61 Trillion |
+5.12% |
| 2017-03-31 | €11.89 Trillion ≈ $13.90 Trillion |
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Equity Component Analysis
This analysis shows how different components contribute to Sumitomo Mitsui Financial Group 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 79.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €8.29 Trillion | 56.38% |
| Other Components | €6.41 Trillion | 43.62% |
| Total Equity | €14.70 Trillion | 100.00% |
Sumitomo Mitsui Financial Group Inc Competitors by Market Cap
The table below lists competitors of Sumitomo Mitsui Financial Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ServiceNow Inc
NYSE:NOW
|
$95.35 Billion |
|
Sanofi SA
PA:SAN
|
$95.70 Billion |
|
Prosus N.V.
AS:PRX
|
$95.82 Billion |
|
Howmet Aerospace Inc
NYSE MKT:HWM
|
$96.03 Billion |
|
Mizuho Financial Group Inc
F:MZ8A
|
$94.75 Billion |
|
Blackstone Group Inc
NYSE:BX
|
$94.60 Billion |
|
Bank of Nova Scotia
TO:BNS
|
$94.47 Billion |
|
PROSUS NV ADR/ 1/1
F:1YL
|
$94.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sumitomo Mitsui Financial Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,661,039,000,000 to 14,704,201,000,000, a change of 43,162,000,000 (0.3%).
- Net income of 1,177,996,000,000 contributed positively to equity growth.
- Dividend payments of 412,120,000,000 reduced retained earnings.
- Share repurchases of 251,629,000,000 reduced equity.
- New share issuances of 181,000,000 increased equity.
- Other factors decreased equity by 471,266,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.18 Trillion | +8.01% |
| Dividends Paid | €412.12 Billion | -2.8% |
| Share Repurchases | €251.63 Billion | -1.71% |
| Share Issuances | €181.00 Million | +0.0% |
| Other Changes | €-471.27 Billion | -3.2% |
| Total Change | €- | 0.29% |
Book Value vs Market Value Analysis
This analysis compares Sumitomo Mitsui Financial Group 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: 0.00x
- 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 | €7363.18 | €17.30 | x |
| 2018-03-31 | €7984.65 | €17.30 | x |
| 2019-03-31 | €8082.06 | €17.30 | x |
| 2020-03-31 | €7940.40 | €17.30 | x |
| 2021-03-31 | €8631.03 | €17.30 | x |
| 2022-03-31 | €8826.61 | €17.30 | x |
| 2023-03-31 | €9431.37 | €17.30 | x |
| 2024-03-31 | €3719.35 | €17.30 | x |
| 2025-03-31 | €3795.81 | €17.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sumitomo Mitsui Financial Group 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): 8.01%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.25%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 20.83x
- Recent ROE (8.01%) is above the historical average (5.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 6.05% | 21.20% | 0.02x | 18.41x | €-410.36 Billion |
| 2018 | 6.75% | 22.73% | 0.02x | 17.06x | €-366.28 Billion |
| 2019 | 4.80% | 18.26% | 0.02x | 17.33x | €-586.00 Billion |
| 2020 | 1.84% | 8.28% | 0.01x | 19.51x | €-887.41 Billion |
| 2021 | 4.34% | 16.19% | 0.01x | 20.51x | €-670.01 Billion |
| 2022 | 5.84% | 20.18% | 0.01x | 21.30x | €-503.34 Billion |
| 2023 | 6.35% | 21.29% | 0.01x | 21.32x | €-462.32 Billion |
| 2024 | 6.57% | 21.72% | 0.02x | 20.14x | €-503.16 Billion |
| 2025 | 8.01% | 23.25% | 0.02x | 20.83x | €-292.42 Billion |
Industry Comparison
This section compares Sumitomo Mitsui Financial Group Inc's net assets metrics with peer companies in the Banks - Diversified industry.
Industry Context
- Industry: Banks - Diversified
- Average net assets among peers: $782,306,018,200
- Average return on equity (ROE) among peers: 10.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sumitomo Mitsui Financial Group Inc (XMFA) | €15.30 Trillion | 6.05% | 18.99x | $95.13 Billion |
| VP Bank AG (3VFN) | $1.10 Billion | 3.64% | 10.46x | $571.19 Million |
| THE BK N.T.BUTTERF.+S.NEW (4IK) | $1.14 Billion | 20.31% | 11.34x | $1.96 Billion |
| ABN AMRO BK.UNSP.ADR/1 (AB2A) | $24.17 Billion | 11.16% | 14.64x | $23.71 Billion |
| Barclays PLC (BCY2) | $71.86 Billion | 7.32% | 19.56x | $68.42 Billion |
| BANC.DE.SA.A ADR2/EO-125 (BDS) | $13.88 Billion | 9.60% | 15.94x | $15.71 Billion |
| Banco Santander S.A (BSDK) | $106.83 Billion | 6.20% | 12.52x | $147.65 Billion |
| Bank of Communications Co. Ltd (C4C) | $676.27 Billion | 10.38% | 12.36x | $31.71 Billion |
| China Construction Bank Corporation (C6T) | $3.69 Trillion | 9.19% | 11.38x | $239.50 Billion |
| CHINA CON.BANK ADR/20 YC1 (C6TB) | $3.17 Trillion | 10.49% | 11.08x | $235.44 Billion |
| Commonwealth Bank of Australia (CWW) | $69.65 Billion | 12.31% | 13.02x | $176.84 Billion |
About Sumitomo Mitsui Financial Group Inc
Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides banking, leasing, securities, consumer finance, and other services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through four segments: Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit. The Wholesale Business Unit segment offers bil… Read more