Micware Co., Ltd. American Depositary Shares Net Assets
Micware Co., Ltd. American Depositary Shares net assets. Based on the latest financial reports, Micware Co., Ltd. American Depositary Shares (MWC) has net assets worth $8.61 Billion USD as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($24.44 Billion) and total liabilities ($15.83 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. Also explore net asset momentum of Micware Co., Ltd. American Depositary Sh to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.61 Billion |
| % of Total Assets | 35.24% |
| Annual Growth Rate | 36.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.41 |
Net Assets of Micware Co., Ltd. American Depositary Shares (2024–2026)
Net assets of Micware Co., Ltd. American Depositary Shares from 2024 to 2026. This chart illustrates how Micware Co., Ltd. American Depositary Shares's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Micware Co., Ltd. American Depositary Sh to measure how much of total assets are equity-financed.
Annual Net Assets for Micware Co., Ltd. American Depositary Shares (2024–2026)
The table below shows the annual net assets of Micware Co., Ltd. American Depositary Shares from 2024 to 2026. For live market cap and overall valuation, see market cap of Micware Co., Ltd. American Depositary Sh.
| Year | Net Assets | Change |
|---|---|---|
| 2026-02-28 | $8.61 Billion | +26.98% |
| 2025-02-28 | $6.78 Billion | +45.80% |
| 2024-02-29 | $4.65 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Micware Co., Ltd. American Depositary Shares'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 62.0% over the analyzed period, indicating profitable operations and earnings retention.
Micware Co., Ltd. American Depositary Shares Net Assets Breakdown (February 2026)
Micware Co., Ltd. American Depositary Shares net assets breakdown by equity component as of February 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $6.82 Billion | 81.23% |
| Other Components | $1.58 Billion | 18.77% |
| Total Equity | $8.40 Billion | 100.00% |
Micware Co., Ltd. American Depositary Shares Competitors by Market Cap
The table below lists competitors of Micware Co., Ltd. American Depositary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UOB Kay Hian Securities (Thailand) Public Company Limited
BK:UOBKH
|
$83.79 Million |
|
Advanced Optoelectronic Technology Inc
TW:3437
|
$83.79 Million |
|
DK-Lok Corporation
KQ:105740
|
$83.80 Million |
|
Surf Air Mobility Inc.
NYSE:SRFM
|
$83.80 Million |
|
Gongin Precision Industrial Co Ltd
TWO:3178
|
$83.74 Million |
|
YHN Acquisition I Limited Ordinary Shares
NASDAQ:YHNA
|
$83.70 Million |
|
Alquiber Quality SA
MC:ALQ
|
$83.70 Million |
|
Compass Digital Acquisition Corp
NASDAQ:CDAQ
|
$83.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Micware Co., Ltd. American Depositary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 6,598,510,000 to 8,399,802,000, a change of 1,801,292,000 (27.3%).
- Net income of 1,602,600,000 contributed positively to equity growth.
- New share issuances of 149,940,000 increased equity.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.60 Billion | +19.08% |
| Share Issuances | $149.94 Million | +1.79% |
| Other Changes | $48.75 Million | +0.58% |
| Total Change | $- | 27.30% |
Book Value vs Market Value Analysis
This analysis compares Micware Co., Ltd. American Depositary Shares'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 |
|---|---|---|---|
| 2024-02-29 | $76.14 | $1.50 | x |
| 2025-02-28 | $111.85 | $1.50 | x |
| 2026-02-28 | $142.39 | $1.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Micware Co., Ltd. American Depositary Shares 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): 19.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.32%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.91x
- Recent ROE (19.08%) is below the historical average (23.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2024 | 30.52% | 7.82% | 1.12x | 3.50x | $921.48 Million |
| 2025 | 20.17% | 6.30% | 0.92x | 3.48x | $670.77 Million |
| 2026 | 19.08% | 7.32% | 0.90x | 2.91x | $762.62 Million |
Industry Comparison
This section compares Micware Co., Ltd. American Depositary Shares's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,167,482,818
- Average return on equity (ROE) among peers: 7.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Micware Co., Ltd. American Depositary Shares (MWC) | $8.61 Billion | 30.52% | 1.84x | $83.78 Million |
| Advance Auto Parts Inc (AAP) | $2.20 Billion | 2.00% | 4.38x | $2.72 Billion |
| Adient PLC (ADNT) | $1.58 Billion | -30.80% | 5.50x | $1.32 Billion |
| Allison Transmission Holdings Inc (ALSN) | $1.36 Billion | 37.90% | 2.59x | $8.96 Billion |
| Autoliv Inc (ALV) | $1.90 Billion | 2.52% | 1.11x | $8.61 Billion |
| Aptiv PLC (APTV) | $3.77 Billion | 28.20% | 3.92x | $9.12 Billion |
| Aspire BioPharma, Inc. (ASBP) | $289.07 Million | 1.16% | 0.04x | $11.37 Million |
| Atmus Filtration Technologies Inc. (ATMU) | $455.60 Million | 37.40% | 0.90x | $3.48 Billion |
| American Axle & Manufacturing (AXL) | $-120.80 Million | 0.00% | 0.00x | $1.36 Billion |
| AutoZone Inc (AZO) | $-1.79 Billion | 0.00% | 0.00x | $47.07 Billion |
| BorgWarner Inc (BWA) | $2.04 Billion | -1.75% | 1.28x | $10.59 Billion |
About Micware Co., Ltd. American Depositary Shares
Micware Co., Ltd. provides software development services and information technology solutions focusing on the automotive and mobility sectors in Japan and internationally. The company operates three segments: Software Defined Vehicles, Location-Based Services, and Others. Its Software Defined Vehicles segment develops and sells software systems designed for SDV, including in-vehicle infotainment … Read more