TOYO Corporation
TOYO Corporation provides measurement solutions in Japan. The company provides advanced measurement technologies for energy; equipment and solutions for measurement, analysis, and experimental data management to support research and development of transportation equipment such as automobiles and trains, as well as noise and vibration, and safety and durability of industrial machinery; and standar… Read more
TOYO Corporation (TOY) - Net Assets
Latest net assets as of September 2025: €28.12 Billion EUR
Based on the latest financial reports, TOYO Corporation (TOY) has net assets worth €28.12 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€39.94 Billion) and total liabilities (€11.82 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 | €28.12 Billion |
| % of Total Assets | 70.41% |
| Annual Growth Rate | -0.72% |
| 5-Year Change | -5.44% |
| 10-Year Change | -2.65% |
| Growth Volatility | 2.18 |
TOYO Corporation - Net Assets Trend (2015–2025)
This chart illustrates how TOYO Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TOYO Corporation (2015–2025)
The table below shows the annual net assets of TOYO Corporation from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | €28.12 Billion | -0.03% |
| 2024-09-30 | €28.13 Billion | -0.66% |
| 2023-09-30 | €28.31 Billion | -3.69% |
| 2022-09-30 | €29.40 Billion | -1.14% |
| 2021-09-30 | €29.74 Billion | -1.74% |
| 2020-09-30 | €30.26 Billion | +1.19% |
| 2019-09-30 | €29.91 Billion | -0.72% |
| 2018-09-30 | €30.12 Billion | +3.37% |
| 2017-09-30 | €29.14 Billion | +0.89% |
| 2016-09-30 | €28.88 Billion | -4.44% |
| 2015-09-30 | €30.23 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TOYO Corporation'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 1.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €24.87 Billion | 88.57% |
| Other Components | €3.21 Billion | 11.43% |
| Total Equity | €28.08 Billion | 100.00% |
TOYO Corporation Competitors by Market Cap
The table below lists competitors of TOYO Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MBM Resources Bhd
KLSE:5983
|
$191.44 Million |
|
Guangdong Tianan New Material
SHG:603725
|
$191.50 Million |
|
Guangzhou Pearl River Piano Group Co Ltd
SHE:002678
|
$191.51 Million |
|
Microvision Inc
NASDAQ:MVIS
|
$191.60 Million |
|
Jiangxi Hengda Hi-Tech Co Ltd
SHE:002591
|
$191.36 Million |
|
Gourmet Master Co Ltd
TW:2723
|
$191.36 Million |
|
Mdevice
KQ:226590
|
$191.31 Million |
|
Anhui Province Natural Gas Development Co Ltd
SHG:603689
|
$191.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TOYO Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 28,080,172,000 to 28,076,439,000, a change of -3,733,000 (-0.0%).
- Net income of 1,195,595,000 contributed positively to equity growth.
- Dividend payments of 1,572,061,000 reduced retained earnings.
- Share repurchases of 100,364,000 reduced equity.
- New share issuances of 8,000 increased equity.
- Other factors increased equity by 473,089,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.20 Billion | +4.26% |
| Dividends Paid | €1.57 Billion | -5.6% |
| Share Repurchases | €100.36 Million | -0.36% |
| Share Issuances | €8.00K | +0.0% |
| Other Changes | €473.09 Million | +1.69% |
| Total Change | €- | -0.01% |
Book Value vs Market Value Analysis
This analysis compares TOYO Corporation'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: 0.01x
- 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 |
|---|---|---|---|
| 2017-09-30 | €1179.24 | €9.60 | x |
| 2018-09-30 | €1218.41 | €9.60 | x |
| 2019-09-30 | €1221.42 | €9.60 | x |
| 2020-09-30 | €1235.53 | €9.60 | x |
| 2021-09-30 | €1257.42 | €9.60 | x |
| 2022-09-30 | €1156.90 | €9.60 | x |
| 2023-09-30 | €1266.82 | €9.60 | x |
| 2024-09-30 | €1304.12 | €9.60 | x |
| 2025-09-30 | €1302.98 | €9.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TOYO Corporation 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): 4.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.67%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.42x
- Recent ROE (4.26%) is below the historical average (4.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.33% | 4.80% | 0.60x | 1.15x | €-2.01 Billion |
| 2016 | 3.07% | 4.09% | 0.65x | 1.15x | €-2.00 Billion |
| 2017 | 1.70% | 2.29% | 0.64x | 1.16x | €-2.42 Billion |
| 2018 | 4.05% | 5.17% | 0.68x | 1.16x | €-1.79 Billion |
| 2019 | 3.82% | 4.47% | 0.74x | 1.16x | €-1.85 Billion |
| 2020 | 4.75% | 6.23% | 0.67x | 1.14x | €-1.59 Billion |
| 2021 | 5.83% | 7.38% | 0.60x | 1.31x | €-1.24 Billion |
| 2022 | 6.53% | 7.25% | 0.64x | 1.41x | €-1.02 Billion |
| 2023 | 5.42% | 5.45% | 0.71x | 1.41x | €-1.30 Billion |
| 2024 | 8.98% | 7.20% | 0.90x | 1.39x | €-285.06 Million |
| 2025 | 4.26% | 3.67% | 0.82x | 1.42x | €-1.61 Billion |
Industry Comparison
This section compares TOYO Corporation's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $36,698,336,643
- Average return on equity (ROE) among peers: 12.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TOYO Corporation (TOY) | €28.12 Billion | 3.33% | 0.42x | $191.38 Million |
| HORIBA Ltd (01H) | $283.73 Billion | 14.20% | 0.58x | $3.25 Billion |
| SENSIRION HOLDING (1Q3) | $304.14 Million | 20.90% | 0.18x | $810.77 Million |
| Kyoritsu Electric Corporation (KYO) | $9.03 Billion | 8.40% | 1.41x | $13.96 Million |
| Nynomic AG (M7U) | $103.93 Million | 8.95% | 0.46x | $79.41K |
| MI70 (MI70) | $27.33 Million | 18.56% | 0.34x | $67.37 Million |
| Plan Optik AG (P4O) | $6.95 Million | 6.00% | 0.27x | $14.00 Million |
| VISHAY PREC GRP (SV5) | $329.93 Million | 7.79% | 0.43x | $428.31 Million |
| Viscom AG (V6C) | $52.29 Million | 13.63% | 0.27x | $14.53 Million |