Synnex Corporation
TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem in the United States, Europe, and internationally. It offers endpoint solutions, including personal computing devices and peripherals, mobile phones and accessories, printers, and supplies; and advanced solutions comprising data center technologies, such as hybrid cloud, security… Read more
Synnex Corporation (SNX) - Net Assets
Latest net assets as of November 2025: $8.45 Billion USD
Based on the latest financial reports, Synnex Corporation (SNX) has net assets worth $8.45 Billion USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($34.25 Billion) and total liabilities ($25.80 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 | $8.45 Billion |
| % of Total Assets | 24.67% |
| Annual Growth Rate | 17.26% |
| 5-Year Change | 6.89% |
| 10-Year Change | 329.43% |
| Growth Volatility | 17.24 |
Synnex Corporation - Net Assets Trend (2000–2025)
This chart illustrates how Synnex 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 Synnex Corporation (2000–2025)
The table below shows the annual net assets of Synnex Corporation from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | $8.45 Billion | +5.16% |
| 2024-11-30 | $8.04 Billion | -1.81% |
| 2023-11-30 | $8.18 Billion | +1.96% |
| 2022-11-30 | $8.03 Billion | +1.51% |
| 2021-11-30 | $7.91 Billion | +82.21% |
| 2020-11-30 | $4.34 Billion | +14.53% |
| 2019-11-30 | $3.79 Billion | +10.29% |
| 2018-11-30 | $3.44 Billion | +50.42% |
| 2017-11-30 | $2.28 Billion | +16.05% |
| 2016-11-30 | $1.97 Billion | +9.33% |
| 2015-11-30 | $1.80 Billion | +8.82% |
| 2014-11-30 | $1.65 Billion | +17.17% |
| 2013-11-30 | $1.41 Billion | +6.99% |
| 2012-11-30 | $1.32 Billion | +13.90% |
| 2011-11-30 | $1.16 Billion | +16.67% |
| 2010-11-30 | $992.83 Million | +19.85% |
| 2009-11-30 | $828.40 Million | +21.02% |
| 2008-11-30 | $684.51 Million | +13.05% |
| 2007-11-30 | $605.51 Million | +18.37% |
| 2006-11-30 | $511.55 Million | +17.00% |
| 2005-11-30 | $437.23 Million | +17.62% |
| 2004-11-30 | $371.74 Million | +45.55% |
| 2003-11-30 | $255.40 Million | +18.33% |
| 2002-11-30 | $215.83 Million | +17.70% |
| 2001-11-30 | $183.37 Million | +16.19% |
| 2000-11-30 | $157.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Synnex 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 343706000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.44 Billion | 40.67% |
| Common Stock | $99.00K | 0.00% |
| Other Comprehensive Income | $-379.43 Million | -4.49% |
| Other Components | $5.39 Billion | 63.82% |
| Total Equity | $8.45 Billion | 100.00% |
Synnex Corporation Competitors by Market Cap
The table below lists competitors of Synnex Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Advanced Energy Industries Inc
NASDAQ:AEIS
|
$11.51 Billion |
|
JSW Steel Limited
NSE:JSWSTEEL
|
$11.52 Billion |
|
Samsung Fire & Marine Insurance
KO:000810
|
$11.53 Billion |
|
ideaForge Technology Limited
NSE:IDEAFORGE
|
$11.54 Billion |
|
FISHER + PAYKEL HEALTH.
F:FPLB
|
$11.49 Billion |
|
SITC International Holdings Company Limited
PINK:SITIY
|
$11.47 Billion |
|
Dynatrace Holdings LLC
NYSE:DT
|
$11.46 Billion |
|
Catalent Inc
NYSE:CTLT
|
$11.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Synnex Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,035,434,000 to 8,450,429,000, a change of 414,995,000 (5.2%).
- Net income of 827,660,000 contributed positively to equity growth.
- Dividend payments of 146,381,000 reduced retained earnings.
- Share repurchases of 627,206,000 reduced equity.
- New share issuances of 33,621,000 increased equity.
- Other comprehensive income increased equity by 265,684,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $827.66 Million | +9.79% |
| Dividends Paid | $146.38 Million | -1.73% |
| Share Repurchases | $627.21 Million | -7.42% |
| Share Issuances | $33.62 Million | +0.4% |
| Other Comprehensive Income | $265.68 Million | +3.14% |
| Other Changes | $61.62 Million | +0.73% |
| Total Change | $- | 5.16% |
Book Value vs Market Value Analysis
This analysis compares Synnex 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: 1.51x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 23.97x to 1.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-11-30 | $6.45 | $154.72 | x |
| 2001-11-30 | $7.53 | $154.72 | x |
| 2002-11-30 | $8.82 | $154.72 | x |
| 2003-11-30 | $10.30 | $154.72 | x |
| 2004-11-30 | $12.28 | $154.72 | x |
| 2005-11-30 | $14.07 | $154.72 | x |
| 2006-11-30 | $15.98 | $154.72 | x |
| 2007-11-30 | $18.50 | $154.72 | x |
| 2008-11-30 | $20.44 | $154.72 | x |
| 2009-11-30 | $24.06 | $154.72 | x |
| 2010-11-30 | $27.76 | $154.72 | x |
| 2011-11-30 | $31.45 | $154.72 | x |
| 2012-11-30 | $34.80 | $154.72 | x |
| 2013-11-30 | $37.33 | $154.72 | x |
| 2014-11-30 | $42.57 | $154.72 | x |
| 2015-11-30 | $45.73 | $154.72 | x |
| 2016-11-30 | $49.98 | $154.72 | x |
| 2017-11-30 | $57.44 | $154.72 | x |
| 2018-11-30 | $82.87 | $154.72 | x |
| 2019-11-30 | $74.38 | $154.72 | x |
| 2020-11-30 | $84.68 | $154.72 | x |
| 2021-11-30 | $126.10 | $154.72 | x |
| 2022-11-30 | $84.03 | $154.72 | x |
| 2023-11-30 | $88.13 | $154.72 | x |
| 2024-11-30 | $93.57 | $154.72 | x |
| 2025-11-30 | $102.52 | $154.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Synnex 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): 9.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.32%
- • Asset Turnover: 1.83x
- • Equity Multiplier: 4.05x
- Recent ROE (9.79%) is below the historical average (11.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 23.09% | 0.96% | 5.97x | 4.03x | $20.65 Million |
| 2001 | 14.07% | 0.85% | 5.37x | 3.08x | $7.46 Million |
| 2002 | 13.15% | 0.74% | 5.99x | 2.95x | $6.71 Million |
| 2003 | 11.86% | 0.73% | 5.22x | 3.12x | $4.71 Million |
| 2004 | 13.76% | 0.99% | 5.15x | 2.70x | $13.91 Million |
| 2005 | 12.08% | 0.94% | 5.21x | 2.48x | $9.10 Million |
| 2006 | 10.05% | 0.81% | 4.59x | 2.70x | $230.40K |
| 2007 | 10.44% | 0.90% | 3.71x | 3.12x | $2.67 Million |
| 2008 | 12.33% | 1.08% | 3.81x | 2.99x | $15.81 Million |
| 2009 | 10.96% | 1.16% | 3.68x | 2.57x | $7.83 Million |
| 2010 | 12.89% | 1.49% | 3.45x | 2.52x | $28.68 Million |
| 2011 | 12.98% | 1.44% | 3.67x | 2.45x | $34.49 Million |
| 2012 | 11.48% | 1.47% | 3.47x | 2.25x | $19.47 Million |
| 2013 | 10.79% | 1.40% | 3.26x | 2.36x | $11.11 Million |
| 2014 | 10.89% | 1.30% | 2.94x | 2.85x | $14.68 Million |
| 2015 | 11.59% | 1.56% | 3.00x | 2.47x | $28.59 Million |
| 2016 | 11.89% | 1.67% | 2.70x | 2.64x | $37.37 Million |
| 2017 | 13.15% | 1.79% | 2.18x | 3.37x | $71.87 Million |
| 2018 | 8.73% | 1.52% | 1.71x | 3.36x | $-43.52 Million |
| 2019 | 13.22% | 2.63% | 1.63x | 3.09x | $121.87 Million |
| 2020 | 12.20% | 2.65% | 1.48x | 3.10x | $95.27 Million |
| 2021 | 5.00% | 1.25% | 1.14x | 3.50x | $-395.53 Million |
| 2022 | 8.12% | 1.04% | 2.10x | 3.70x | $-151.24 Million |
| 2023 | 7.66% | 1.09% | 1.96x | 3.59x | $-191.41 Million |
| 2024 | 8.58% | 1.18% | 1.93x | 3.77x | $-114.45 Million |
| 2025 | 9.79% | 1.32% | 1.83x | 4.05x | $-17.38 Million |
Industry Comparison
This section compares Synnex Corporation's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $10,793,512,986
- Average return on equity (ROE) among peers: -0.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Synnex Corporation (SNX) | $8.45 Billion | 23.09% | 3.05x | $11.51 Billion |
| ADDvantage Technologies Group Inc (AEYGQ) | $14.93 Million | -116.07% | 1.18x | $148.54 |
| Arrow Electronics Inc (ARW) | $4.47 Billion | 11.71% | 2.18x | $6.72 Billion |
| Avnet Inc (AVT) | $3.73 Billion | -0.83% | 1.19x | $4.87 Billion |
| Climb Global Solutions (CLMB) | $4.60 Million | 23.91% | 4.37x | $297.34 Million |
| PC Connection Inc (CNXN) | $94.20 Million | 24.10% | 1.37x | $629.13 Million |
| Eaco Corp (EACO) | $2.00 Million | 15.00% | 1.45x | $6.60 Million |
| Foxconn Technology Co. Ltd. (FXCOF) | $99.59 Billion | 9.18% | 0.57x | $1.62 Billion |
| ICZOOM Group Inc. Class A Ordinary Shares (IZM) | $3.17 Million | 18.65% | 18.01x | $4.17 Million |
| Jaco Electronics Inc (JACO) | $34.30 Million | 11.08% | 0.78x | $0.91 |
| Klegg Electronics Inc (KLGG) | $-28.46K | 0.00% | 0.00x | $0.94 |