YIT Oyj
YIT Oyj provides construction services in Finland, the Czech Republic, Slovakia, Poland, and internationally. It operates through The Housing, The Business Premises, The Infrastructure, and Other segments. The company develops and constructs apartments, residential areas, living services, and leisure-time residences; and develops and carries business premises and hybrid projects. It also construc… Read more
YIT Oyj (YIT) - Net Assets
Latest net assets as of June 2025: €794.00 Million EUR
Based on the latest financial reports, YIT Oyj (YIT) has net assets worth €794.00 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.38 Billion) and total liabilities (€1.59 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 | €794.00 Million |
| % of Total Assets | 33.29% |
| Annual Growth Rate | 1.16% |
| 5-Year Change | -16.2% |
| 10-Year Change | 47.42% |
| Growth Volatility | 23.72 |
YIT Oyj - Net Assets Trend (1997–2024)
This chart illustrates how YIT Oyj's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for YIT Oyj (1997–2024)
The table below shows the annual net assets of YIT Oyj from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €771.00 Million | -8.65% |
| 2023-12-31 | €844.00 Million | -4.42% |
| 2022-12-31 | €883.00 Million | -13.09% |
| 2021-12-31 | €1.02 Billion | +10.43% |
| 2020-12-31 | €920.00 Million | -13.29% |
| 2019-12-31 | €1.06 Billion | +1.08% |
| 2018-12-31 | €1.05 Billion | +85.92% |
| 2017-12-31 | €564.60 Million | +0.14% |
| 2016-12-31 | €563.80 Million | +7.80% |
| 2015-12-31 | €523.00 Million | -2.35% |
| 2014-12-31 | €535.60 Million | -23.28% |
| 2013-12-31 | €698.10 Million | -32.58% |
| 2012-12-31 | €1.04 Billion | +12.41% |
| 2011-12-31 | €921.10 Million | +4.33% |
| 2010-12-31 | €882.88 Million | +10.28% |
| 2009-12-31 | €800.61 Million | -0.88% |
| 2008-12-31 | €807.68 Million | -1.30% |
| 2007-12-31 | €818.35 Million | +21.34% |
| 2006-12-31 | €674.42 Million | +19.68% |
| 2005-12-31 | €563.52 Million | +22.32% |
| 2004-12-31 | €460.71 Million | +11.91% |
| 2003-12-31 | €411.69 Million | +9.46% |
| 2002-12-31 | €376.13 Million | +6.36% |
| 2001-12-31 | €353.63 Million | +13.85% |
| 2000-12-31 | €310.61 Million | +11.65% |
| 1999-12-31 | €278.21 Million | -58.71% |
| 1998-12-31 | €673.82 Million | +19.23% |
| 1997-12-31 | €565.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to YIT 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 decreased by 110.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €150.00 Million | 19.46% |
| Other Comprehensive Income | €687.00 Million | 89.11% |
| Total Equity | €771.00 Million | 100.00% |
YIT Oyj Competitors by Market Cap
The table below lists competitors of YIT Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chengdu Bright Eye Hospital Co. Ltd.
SHE:301239
|
$342.22 Million |
|
Cyber_Folks S.A.
WAR:CBF
|
$342.24 Million |
|
BCI Minerals Ltd
AU:BCI
|
$342.29 Million |
|
Sunmax Biotechnology Co Ltd
TWO:4728
|
$342.29 Million |
|
Nichidenbo Corp
TW:3090
|
$342.02 Million |
|
China Development Bank Financial Leasing Co. Ltd
F:2C6
|
$341.98 Million |
|
Beijing E-techstar Co Ltd
SHE:300513
|
$341.95 Million |
|
IGNITIS GRUPE SP.GDR/1
F:IGV
|
$341.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in YIT Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 844,000,000 to 771,000,000, a change of -73,000,000 (-8.6%).
- Net loss of 112,000,000 reduced equity.
- Share repurchases of 32,000,000 reduced equity.
- New share issuances of 32,000,000 increased equity.
- Other comprehensive income increased equity by 29,000,000.
- Other factors increased equity by 10,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-112.00 Million | -14.53% |
| Share Repurchases | €32.00 Million | -4.15% |
| Share Issuances | €32.00 Million | +4.15% |
| Other Comprehensive Income | €29.00 Million | +3.76% |
| Other Changes | €10.00 Million | +1.3% |
| Total Change | €- | -8.65% |
Book Value vs Market Value Analysis
This analysis compares YIT 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: 0.75x
- 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 |
|---|---|---|---|
| 1997-12-31 | €3.31 | €2.64 | x |
| 1998-12-31 | €5.24 | €2.64 | x |
| 1999-12-31 | €1.73 | €2.64 | x |
| 2000-12-31 | €2.67 | €2.64 | x |
| 2001-12-31 | €3.02 | €2.64 | x |
| 2002-12-31 | €3.16 | €2.64 | x |
| 2003-12-31 | €3.46 | €2.64 | x |
| 2004-12-31 | €3.74 | €2.64 | x |
| 2005-12-31 | €4.50 | €2.64 | x |
| 2006-12-31 | €5.26 | €2.64 | x |
| 2007-12-31 | €6.38 | €2.64 | x |
| 2008-12-31 | €6.28 | €2.64 | x |
| 2009-12-31 | €6.38 | €2.64 | x |
| 2010-12-31 | €7.03 | €2.64 | x |
| 2011-12-31 | €7.33 | €2.64 | x |
| 2012-12-31 | €8.23 | €2.64 | x |
| 2013-12-31 | €5.56 | €2.64 | x |
| 2014-12-31 | €4.24 | €2.64 | x |
| 2015-12-31 | €4.12 | €2.64 | x |
| 2016-12-31 | €4.43 | €2.64 | x |
| 2017-12-31 | €4.42 | €2.64 | x |
| 2018-12-31 | €5.15 | €2.64 | x |
| 2019-12-31 | €5.02 | €2.64 | x |
| 2020-12-31 | €4.39 | €2.64 | x |
| 2021-12-31 | €4.82 | €2.64 | x |
| 2022-12-31 | €4.22 | €2.64 | x |
| 2023-12-31 | €4.02 | €2.64 | x |
| 2024-12-31 | €3.51 | €2.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently YIT 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): -14.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.15%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 3.21x
- Recent ROE (-14.53%) is below the historical average (13.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 48.15% | 4.35% | 1.49x | 7.45x | €192.87 Million |
| 1998 | 27.81% | 2.44% | 1.75x | 6.52x | €108.25 Million |
| 1999 | 22.93% | 4.97% | 1.74x | 2.65x | €34.22 Million |
| 2000 | 17.79% | 4.43% | 1.54x | 2.60x | €23.96 Million |
| 2001 | 17.73% | 3.79% | 1.77x | 2.64x | €26.84 Million |
| 2002 | 11.62% | 2.44% | 1.70x | 2.80x | €6.00 Million |
| 2003 | 11.85% | 2.02% | 1.54x | 3.81x | €7.55 Million |
| 2004 | 18.38% | 2.77% | 1.91x | 3.48x | €38.30 Million |
| 2005 | 28.21% | 5.19% | 1.79x | 3.04x | €101.27 Million |
| 2006 | 26.31% | 5.34% | 1.55x | 3.18x | €108.73 Million |
| 2007 | 28.12% | 6.15% | 1.51x | 3.04x | €146.91 Million |
| 2008 | 16.82% | 3.41% | 1.32x | 3.72x | €54.49 Million |
| 2009 | 8.30% | 1.92% | 1.31x | 3.29x | €-13.57 Million |
| 2010 | 15.98% | 3.71% | 1.22x | 3.54x | €52.62 Million |
| 2011 | 13.61% | 2.85% | 1.25x | 3.81x | €33.13 Million |
| 2012 | 17.31% | 3.80% | 1.28x | 3.57x | €75.49 Million |
| 2013 | 10.08% | 4.03% | 0.68x | 3.66x | €530.00K |
| 2014 | 10.44% | 3.14% | 0.79x | 4.18x | €2.37 Million |
| 2015 | 9.03% | 2.72% | 0.88x | 3.76x | €-5.09 Million |
| 2016 | -1.26% | -0.42% | 0.73x | 4.05x | €-63.48 Million |
| 2017 | 10.02% | 2.84% | 0.91x | 3.88x | €140.00K |
| 2018 | 3.73% | 1.06% | 1.06x | 3.33x | €-65.77 Million |
| 2019 | 0.42% | 0.13% | 0.92x | 3.49x | €-101.60 Million |
| 2020 | -0.98% | -0.29% | 0.96x | 3.47x | €-100.80 Million |
| 2021 | 0.69% | 0.25% | 0.95x | 2.96x | €-94.30 Million |
| 2022 | 7.13% | 2.62% | 0.84x | 3.22x | €-25.30 Million |
| 2023 | 0.36% | 0.14% | 0.76x | 3.36x | €-81.40 Million |
| 2024 | -14.53% | -6.15% | 0.74x | 3.21x | €-189.10 Million |
Industry Comparison
This section compares YIT Oyj's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $67,234,179
- Average return on equity (ROE) among peers: -1.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| YIT Oyj (YIT) | €794.00 Million | 48.15% | 2.00x | $342.19 Million |
| Consti Yhtiot Oy (CONSTI) | $43.68 Million | 16.35% | 1.68x | $53.41 Million |
| Etteplan Oyj (ETTE) | $27.00 Million | 29.69% | 1.92x | $41.57 Million |
| Sitowise Group Oyj (SITOWS) | $116.87 Million | 6.71% | 1.40x | $74.38 Million |
| SRV Group plc (SRV1V) | $146.18 Million | -58.60% | 2.07x | $27.36 Million |
| TEKOVA (TEKOVA) | $2.43 Million | 0.00% | 4.26x | $12.18K |