DAI-ICHI LIFE
DAI-ICHI LIFE operates in Diversified Metals & Mining.
DAI-ICHI LIFE (QHH) - Net Assets
Latest net assets as of March 2024: €3.88 Trillion EUR
Based on the latest financial reports, DAI-ICHI LIFE (QHH) has net assets worth €3.88 Trillion EUR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€67.54 Trillion) and total liabilities (€63.66 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 | €3.88 Trillion |
| % of Total Assets | 5.75% |
| Annual Growth Rate | 3.09% |
| 5-Year Change | 2.79% |
| 10-Year Change | N/A |
| Growth Volatility | 25.56 |
DAI-ICHI LIFE - Net Assets Trend (2017–2024)
This chart illustrates how DAI-ICHI LIFE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DAI-ICHI LIFE (2017–2024)
The table below shows the annual net assets of DAI-ICHI LIFE from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | €3.88 Trillion | +45.85% |
| 2023-03-31 | €2.66 Trillion | -39.62% |
| 2022-03-31 | €4.41 Trillion | -8.29% |
| 2021-03-31 | €4.81 Trillion | +27.28% |
| 2020-03-31 | €3.78 Trillion | +1.71% |
| 2019-03-31 | €3.71 Trillion | -0.95% |
| 2018-03-31 | €3.75 Trillion | +19.51% |
| 2017-03-31 | €3.14 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DAI-ICHI LIFE'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 82.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.21 Trillion | 31.29% |
| Other Components | €2.67 Trillion | 68.71% |
| Total Equity | €3.88 Trillion | 100.00% |
DAI-ICHI LIFE Competitors by Market Cap
The table below lists competitors of DAI-ICHI LIFE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
New Wave Holdings Corp
PINK:TRMNF
|
$75.98K |
|
NU SKIN ENTERPR-A
BE:NUS
|
$75.98K |
|
Emperador Properties SOCIMI S.A.
MC:YEPSA
|
$75.99K |
|
CEEB3F
SA:CEEB3F
|
$76.06K |
|
Sociedad Minera Corona S.A. (I Share)
LIM:MINCORI1
|
$75.81K |
|
Performance Technologies S.A.
AT:PERF
|
$75.80K |
|
JSW (J2S.SG)
STU:J2S
|
$75.72K |
|
TOTALLY PLC LS -10
F:UKXA
|
$75.72K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DAI-ICHI LIFE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,661,759,000,000 to 3,882,155,000,000, a change of 1,220,396,000,000 (45.8%).
- Net income of 320,765,000,000 contributed positively to equity growth.
- Dividend payments of 84,313,000,000 reduced retained earnings.
- Share repurchases of 120,000,000,000 reduced equity.
- Other factors increased equity by 1,103,944,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €320.76 Billion | +8.26% |
| Dividends Paid | €84.31 Billion | -2.17% |
| Share Repurchases | €120.00 Billion | -3.09% |
| Other Changes | €1.10 Trillion | +28.44% |
| Total Change | €- | 45.85% |
Book Value vs Market Value Analysis
This analysis compares DAI-ICHI LIFE'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 | €2669.67 | €7.80 | x |
| 2018-03-31 | €3218.83 | €7.80 | x |
| 2019-03-31 | €3241.73 | €7.80 | x |
| 2020-03-31 | €3345.17 | €7.80 | x |
| 2021-03-31 | €4329.91 | €7.80 | x |
| 2022-03-31 | €4303.24 | €7.80 | x |
| 2023-03-31 | €2707.27 | €7.80 | x |
| 2024-03-31 | €4107.35 | €7.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DAI-ICHI LIFE 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): 8.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.06%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 17.40x
- Recent ROE (8.26%) is above the historical average (6.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 7.37% | 3.75% | 0.12x | 16.57x | €-82.44 Billion |
| 2018 | 9.71% | 5.56% | 0.12x | 14.30x | €-11.00 Billion |
| 2019 | 6.06% | 3.36% | 0.12x | 15.06x | €-146.32 Billion |
| 2020 | 0.86% | 0.51% | 0.11x | 15.89x | €-345.26 Billion |
| 2021 | 7.57% | 4.81% | 0.12x | 13.23x | €-116.94 Billion |
| 2022 | 9.29% | 5.21% | 0.12x | 14.94x | €-31.50 Billion |
| 2023 | 6.53% | 2.07% | 0.14x | 23.16x | €-92.44 Billion |
| 2024 | 8.26% | 3.06% | 0.16x | 17.40x | €-67.45 Billion |
Industry Comparison
This section compares DAI-ICHI LIFE's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DAI-ICHI LIFE (QHH) | €3.88 Trillion | 7.37% | 16.40x | $75.96K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |