KONE Oyj Net Assets

Latest as of December 2025: €2.83 Billion EUR ≈ $3.30 Billion USD

KONE Oyj net assets. Based on the latest financial reports, KONE Oyj (KNEBV) has net assets worth €2.83 Billion EUR (≈ $3.30 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€9.05 Billion ≈ $10.58 Billion USD) and total liabilities (€6.23 Billion ≈ $7.28 Billion 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. See KONE Oyj (KNEBV) net asset quality to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric Value
Current Net Assets €2.83 Billion
% of Total Assets 31.23%
Annual Growth Rate 5.89%
5-Year Change -11.64%
10-Year Change 1.11%
Growth Volatility 17.95

Net Assets of KONE Oyj (2000–2025)

Net assets of KONE Oyj from 2000 to 2025. This chart illustrates how KONE Oyj's net assets have evolved over time, based on quarterly financial data. Also explore KONE Oyj equity growth rate to track the company's year-over-year net asset growth rate.

Annual Net Assets for KONE Oyj (2000–2025)

The table below shows the annual net assets of KONE Oyj from 2000 to 2025. For live market cap and overall valuation, see KONE Oyj stock valuation.

Year Net Assets Change
2025-12-31 €2.83 Billion
≈ $3.30 Billion		 -2.29%
2024-12-31 €2.89 Billion
≈ $3.38 Billion		 +3.84%
2023-12-31 €2.79 Billion
≈ $3.26 Billion		 -2.80%
2022-12-31 €2.87 Billion
≈ $3.35 Billion		 -10.40%
2021-12-31 €3.20 Billion
≈ $3.74 Billion		 +0.06%
2020-12-31 €3.20 Billion
≈ $3.74 Billion		 +0.14%
2019-12-31 €3.19 Billion
≈ $3.73 Billion		 +3.65%
2018-12-31 €3.08 Billion
≈ $3.60 Billion		 +5.95%
2017-12-31 €2.91 Billion
≈ $3.40 Billion		 +4.00%
2016-12-31 €2.80 Billion
≈ $3.27 Billion		 +8.55%
2015-12-31 €2.58 Billion
≈ $3.01 Billion		 +24.88%
2014-12-31 €2.06 Billion
≈ $2.41 Billion		 +19.60%
2013-12-31 €1.72 Billion
≈ $2.02 Billion		 -9.49%
2012-12-31 €1.91 Billion
≈ $2.23 Billion		 -6.33%
2011-12-31 €2.03 Billion
≈ $2.38 Billion		 +27.08%
2010-12-31 €1.60 Billion
≈ $1.87 Billion		 +19.52%
2009-12-31 €1.34 Billion
≈ $1.57 Billion		 +29.28%
2008-12-31 €1.04 Billion
≈ $1.21 Billion		 +38.27%
2007-12-31 €749.20 Million
≈ $875.89 Million		 +7.24%
2006-12-31 €698.60 Million
≈ $816.74 Million		 +4.39%
2005-12-31 €669.20 Million
≈ $782.37 Million		 -50.12%
2005-03-31 €1.34 Billion
≈ $1.57 Billion		 0.00%
2004-12-31 €1.34 Billion
≈ $1.57 Billion		 +20.40%
2003-12-31 €1.11 Billion
≈ $1.30 Billion		 -1.34%
2002-12-31 €1.13 Billion
≈ $1.32 Billion		 +39.92%
2001-12-31 €807.20 Million
≈ $943.70 Million		 +19.28%
2000-12-31 €676.70 Million
≈ $791.13 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to KONE Oyj'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 645.6% over the analyzed period, indicating profitable operations and earnings retention.

KONE Oyj Net Assets Breakdown (December 2025)

KONE Oyj net assets breakdown by equity component as of December 2025.

Component Amount Percentage
Retained Earnings €2.53 Billion 90.36%
Common Stock €66.20 Million 2.37%
Other Comprehensive Income €-142.50 Million -5.09%
Other Components €346.00 Million 12.37%
Total Equity €2.80 Billion 100.00%

KONE Oyj Competitors by Market Cap

The table below lists competitors of KONE Oyj ranked by their market capitalization.

Company Market Cap
Samsung SDI
KO:006400
 $28.17 Billion
DENSO CORP. ADR 4
F:DNOA
 $28.19 Billion
CGN Power
SHE:003816
 $28.20 Billion
Chunghwa Telecom Co. Ltd
F:CHWD
 $28.24 Billion
FIRSTRAND ADR/ 10 RC -01
F:FSR
 $28.13 Billion
Dassault Systèmes SE
F:DSY
 $28.12 Billion
Gold Fields Ltd
JSE:GFI
 $28.11 Billion
Foshan Haitian Flavouring and Food Co Ltd
SHG:603288
 $28.09 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in KONE Oyj's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 2,866,700,000 to 2,797,300,000, a change of -69,400,000 (-2.4%).
  • Net income of 980,100,000 contributed positively to equity growth.
  • Dividend payments of 931,900,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 393,100,000.
  • Other factors increased equity by 275,500,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income €980.10 Million +35.04%
Dividends Paid €931.90 Million -33.31%
Other Comprehensive Income €-393.10 Million -14.05%
Other Changes €275.50 Million +9.85%
Total Change €- -2.42%

Book Value vs Market Value Analysis

This analysis compares KONE Oyj'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: 10.10x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 24.28x to 10.10x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 €2.24 €54.48 x
2003-12-31 €2.16 €54.48 x
2004-12-31 €2.63 €54.48 x
2005-12-31 €1.30 €54.48 x
2006-12-31 €1.37 €54.48 x
2007-12-31 €1.47 €54.48 x
2008-12-31 €2.04 €54.48 x
2009-12-31 €2.63 €54.48 x
2010-12-31 €3.12 €54.48 x
2011-12-31 €3.95 €54.48 x
2012-12-31 €3.66 €54.48 x
2013-12-31 €3.29 €54.48 x
2014-12-31 €3.92 €54.48 x
2015-12-31 €4.91 €54.48 x
2016-12-31 €5.41 €54.48 x
2017-12-31 €5.62 €54.48 x
2018-12-31 €5.94 €54.48 x
2019-12-31 €6.14 €54.48 x
2020-12-31 €6.13 €54.48 x
2021-12-31 €6.12 €54.48 x
2022-12-31 €5.47 €54.48 x
2023-12-31 €5.32 €54.48 x
2024-12-31 €5.53 €54.48 x
2025-12-31 €5.39 €54.48 x

Capital Efficiency Dashboard

This dashboard shows how efficiently KONE Oyj 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): 35.04%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.72%
  • • Asset Turnover: 1.24x
  • • Equity Multiplier: 3.24x
  • Recent ROE (35.04%) is above the historical average (30.71%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 14.49% 3.70% 1.04x 3.75x €49.77 Million
2003 20.12% 4.11% 1.48x 3.32x €110.38 Million
2004 23.48% 5.54% 1.52x 2.79x €177.07 Million
2005 23.37% 5.52% 1.52x 2.79x €175.57 Million
2005 18.61% 5.90% 0.98x 3.22x €57.36 Million
2006 33.78% 6.52% 1.57x 3.30x €165.29 Million
2007 24.05% 4.42% 1.73x 3.15x €105.21 Million
2008 40.40% 9.08% 1.73x 2.57x €314.60 Million
2009 34.85% 9.83% 1.66x 2.13x €332.56 Million
2010 33.51% 10.75% 1.54x 2.03x €375.97 Million
2011 31.80% 12.33% 1.11x 2.33x €441.73 Million
2012 31.91% 9.58% 1.23x 2.71x €412.81 Million
2013 41.43% 10.12% 1.30x 3.15x €532.40 Million
2014 37.44% 10.30% 1.15x 3.15x €553.81 Million
2015 40.84% 11.94% 1.15x 2.97x €779.55 Million
2016 36.79% 11.65% 1.10x 2.86x €745.41 Million
2017 33.45% 10.82% 1.16x 2.67x €678.59 Million
2018 27.44% 9.27% 1.17x 2.52x €534.36 Million
2019 29.35% 9.33% 1.16x 2.71x €614.02 Million
2020 29.58% 9.45% 1.13x 2.77x €621.74 Million
2021 31.95% 9.65% 1.08x 3.06x €696.78 Million
2022 27.30% 7.10% 1.20x 3.20x €490.85 Million
2023 33.64% 8.45% 1.25x 3.17x €650.59 Million
2024 33.18% 8.57% 1.20x 3.24x €664.63 Million
2025 35.04% 8.72% 1.24x 3.24x €700.37 Million

Industry Comparison

This section compares KONE Oyj's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $862,145,500
  • Average return on equity (ROE) among peers: -0.96%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
KONE Oyj (KNEBV) €2.83 Billion 14.49% 2.20x $28.16 Billion
Elecster Oyj A (ELEAV) $25.20 Million 9.96% 1.01x $4.38 Million
Glaston Oyj Abp (GLA1V) $39.48 Million -80.96% 3.94x $45.94 Million
Raute Oyj (RAUTE) $46.51 Million 25.45% 1.07x $90.45 Million
Scanfil Oyj (SCANFL) $124.68 Million 20.70% 1.46x $746.35 Million
Valmet Oyj (VALMT) $2.61 Billion 10.71% 1.61x $5.51 Billion
Wartsila Oyj Abp (WRT1V) $2.32 Billion 8.35% 1.81x $15.79 Billion

About KONE Oyj

HE:KNEBV Finland Specialty Industrial Machinery
Market Cap
$28.16 Billion
€24.08 Billion EUR
Market Cap Rank
#948 Global
#3 in Finland
Share Price
€54.48
Change (1 day)
-0.37%
52-Week Range
€46.72 - €64.02
All Time High
€66.18
Categories
Companies in Finland Specialty Industrial Machinery
About

KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. The company provides elevators, escalators, automatic building doors, and integrated access control solutions, as well as maintenance and modernization solutions. It also offers KONE Office Flow, a modular connected people flow solution that delivers personalized access and enhanced user experience… Read more