YIT Oyj (YIT) - Net Assets
Based on the latest financial reports, YIT Oyj (YIT) has net assets worth €794.00 Million EUR (≈ $928.27 Million USD) 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 ≈ $2.79 Billion USD) and total liabilities (€1.59 Billion ≈ $1.86 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. Check YIT Oyj liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore YIT current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for YIT Oyj (1997–2024)
The table below shows the annual net assets of YIT Oyj from 1997 to 2024. For live valuation and market cap data, see YIT Oyj (YIT) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €771.00 Million ≈ $901.38 Million |
-8.65% |
| 2023-12-31 | €844.00 Million ≈ $986.72 Million |
-4.42% |
| 2022-12-31 | €883.00 Million ≈ $1.03 Billion |
-13.09% |
| 2021-12-31 | €1.02 Billion ≈ $1.19 Billion |
+10.43% |
| 2020-12-31 | €920.00 Million ≈ $1.08 Billion |
-13.29% |
| 2019-12-31 | €1.06 Billion ≈ $1.24 Billion |
+1.08% |
| 2018-12-31 | €1.05 Billion ≈ $1.23 Billion |
+85.92% |
| 2017-12-31 | €564.60 Million ≈ $660.08 Million |
+0.14% |
| 2016-12-31 | €563.80 Million ≈ $659.14 Million |
+7.80% |
| 2015-12-31 | €523.00 Million ≈ $611.44 Million |
-2.35% |
| 2014-12-31 | €535.60 Million ≈ $626.17 Million |
-23.28% |
| 2013-12-31 | €698.10 Million ≈ $816.15 Million |
-32.58% |
| 2012-12-31 | €1.04 Billion ≈ $1.21 Billion |
+12.41% |
| 2011-12-31 | €921.10 Million ≈ $1.08 Billion |
+4.33% |
| 2010-12-31 | €882.88 Million ≈ $1.03 Billion |
+10.28% |
| 2009-12-31 | €800.61 Million ≈ $936.00 Million |
-0.88% |
| 2008-12-31 | €807.68 Million ≈ $944.27 Million |
-1.30% |
| 2007-12-31 | €818.35 Million ≈ $956.74 Million |
+21.34% |
| 2006-12-31 | €674.42 Million ≈ $788.47 Million |
+19.68% |
| 2005-12-31 | €563.52 Million ≈ $658.81 Million |
+22.32% |
| 2004-12-31 | €460.71 Million ≈ $538.62 Million |
+11.91% |
| 2003-12-31 | €411.69 Million ≈ $481.31 Million |
+9.46% |
| 2002-12-31 | €376.13 Million ≈ $439.73 Million |
+6.36% |
| 2001-12-31 | €353.63 Million ≈ $413.43 Million |
+13.85% |
| 2000-12-31 | €310.61 Million ≈ $363.14 Million |
+11.65% |
| 1999-12-31 | €278.21 Million ≈ $325.26 Million |
-58.71% |
| 1998-12-31 | €673.82 Million ≈ $787.77 Million |
+19.23% |
| 1997-12-31 | €565.13 Million ≈ $660.70 Million |
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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 |
|---|---|
|
Sichuan Tianyi Comheart Telecom Co Ltd Class A
SHE:300504
|
$689.28 Million |
|
Yantai Ishikawa Sealing Technology Co.Ltd.
SHE:301020
|
$689.39 Million |
|
Beijing SinoHytec Co. Ltd. A
SHG:688339
|
$689.60 Million |
|
Steel Partners Holdings LP
NYSE:SPLP
|
$689.61 Million |
|
IPH Ltd
AU:IPH
|
$689.16 Million |
|
CK Power Public Company Limited
BK:CKP-R
|
$689.15 Million |
|
Paras Defence and Space Technologies Limited
NSE:PARAS
|
$689.11 Million |
|
LiJiang YuLong Tourism Co Ltd
SHE:002033
|
$689.09 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: 0.73x
- 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 | €2.57 | x |
| 1998-12-31 | €5.24 | €2.57 | x |
| 1999-12-31 | €1.73 | €2.57 | x |
| 2000-12-31 | €2.67 | €2.57 | x |
| 2001-12-31 | €3.02 | €2.57 | x |
| 2002-12-31 | €3.16 | €2.57 | x |
| 2003-12-31 | €3.46 | €2.57 | x |
| 2004-12-31 | €3.74 | €2.57 | x |
| 2005-12-31 | €4.50 | €2.57 | x |
| 2006-12-31 | €5.26 | €2.57 | x |
| 2007-12-31 | €6.38 | €2.57 | x |
| 2008-12-31 | €6.28 | €2.57 | x |
| 2009-12-31 | €6.38 | €2.57 | x |
| 2010-12-31 | €7.03 | €2.57 | x |
| 2011-12-31 | €7.33 | €2.57 | x |
| 2012-12-31 | €8.23 | €2.57 | x |
| 2013-12-31 | €5.56 | €2.57 | x |
| 2014-12-31 | €4.24 | €2.57 | x |
| 2015-12-31 | €4.12 | €2.57 | x |
| 2016-12-31 | €4.43 | €2.57 | x |
| 2017-12-31 | €4.42 | €2.57 | x |
| 2018-12-31 | €5.15 | €2.57 | x |
| 2019-12-31 | €5.02 | €2.57 | x |
| 2020-12-31 | €4.39 | €2.57 | x |
| 2021-12-31 | €4.82 | €2.57 | x |
| 2022-12-31 | €4.22 | €2.57 | x |
| 2023-12-31 | €4.02 | €2.57 | x |
| 2024-12-31 | €3.51 | €2.57 | 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: $55,419,000
- Average return on equity (ROE) among peers: 17.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| YIT Oyj (YIT) | €794.00 Million | 48.15% | 2.00x | $689.17 Million |
| Consti Yhtiot Oy (CONSTI) | $41.11 Million | 21.92% | 1.95x | $90.62 Million |
| Etteplan Oyj (ETTE) | $25.48 Million | 16.84% | 1.92x | $216.64 Million |
| Kreate Group Oyj (KREATE) | $36.36 Million | 24.01% | 1.90x | $102.31 Million |
| Sitowise Group Oyj (SITOWS) | $119.48 Million | 4.70% | 1.33x | $92.12 Million |
| SRV Group plc (SRV1V) | $54.66 Million | 21.23% | 2.77x | $74.64 Million |
About 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