SSNBF
SBI Sumishin Net Bank, Ltd. provides various banking products and services to individuals and corporate customers in Japan. The company operates through Digital Banking business, Banking as a Service business, and THEMIX business segments. It offers time, structured, hybrid, and foreign currency deposits, as well as savings accounts; house, card, auto, education, real estate secured, renovation, … Read more
SSNBF (SSNBF) - Net Assets
Latest net assets as of March 2025: $169.92 Billion USD
Based on the latest financial reports, SSNBF (SSNBF) has net assets worth $169.92 Billion USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.24 Trillion) and total liabilities ($11.07 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 | $169.92 Billion |
| % of Total Assets | 1.51% |
| Annual Growth Rate | 6.08% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.52 |
SSNBF - Net Assets Trend (2021–2025)
This chart illustrates how SSNBF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SSNBF (2021–2025)
The table below shows the annual net assets of SSNBF from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $169.92 Billion | +12.08% |
| 2024-03-31 | $151.61 Billion | +15.12% |
| 2023-03-31 | $131.69 Billion | -9.42% |
| 2022-03-31 | $145.39 Billion | +8.36% |
| 2021-03-31 | $134.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SSNBF'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 61.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $147.84 Billion | 87.01% |
| Other Components | $22.08 Billion | 12.99% |
| Total Equity | $169.92 Billion | 100.00% |
SSNBF Competitors by Market Cap
The table below lists competitors of SSNBF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Teejay Lanka PLC
CM:TJLN0000
|
$1.35K |
|
BIOALLIANCE PHARMA
MU:C4X
|
$1.35K |
|
StoneBridge Acquisition II Corporation Rights
NASDAQ:APACR
|
$1.36K |
|
Rescap Liquidating Trust
PINK:RESCU
|
$1.36K |
|
CONTROLADORA ALPEK SHARES
MX:CTALPEKA
|
$1.35K |
|
Crescent Cotton Mills Limited
KAR:CCM
|
$1.35K |
|
Shearwater Group plc
LSE:SWG
|
$1.35K |
|
Intercontinental Gold and Metals Ltd
PINK:GXMLF
|
$1.35K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SSNBF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 151,609,000,000 to 169,921,000,000, a change of 18,312,000,000 (12.1%).
- Net income of 28,127,000,000 contributed positively to equity growth.
- Dividend payments of 2,714,000,000 reduced retained earnings.
- Share repurchases of 120,000,000 reduced equity.
- New share issuances of 117,000,000 increased equity.
- Other factors decreased equity by 7,098,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $28.13 Billion | +16.55% |
| Dividends Paid | $2.71 Billion | -1.6% |
| Share Repurchases | $120.00 Million | -0.07% |
| Share Issuances | $117.00 Million | +0.07% |
| Other Changes | $-7.10 Billion | -4.18% |
| Total Change | $- | 12.08% |
Book Value vs Market Value Analysis
This analysis compares SSNBF'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 |
|---|---|---|---|
| 2021-03-31 | $867.54 | $23.17 | x |
| 2022-03-31 | $3634050000.00 | $23.17 | x |
| 2023-03-31 | $3290100000.00 | $23.17 | x |
| 2024-03-31 | $3790225000.00 | $23.17 | x |
| 2025-03-31 | $4248025000.00 | $23.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SSNBF 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): 16.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.88%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 66.13x
- Recent ROE (16.55%) is above the historical average (14.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 10.42% | 27.80% | 0.01x | 54.12x | $562.20 Million |
| 2022 | 11.77% | 31.08% | 0.01x | 58.71x | $2.58 Billion |
| 2023 | 15.15% | 30.74% | 0.01x | 65.95x | $6.77 Billion |
| 2024 | 16.39% | 33.72% | 0.01x | 70.42x | $9.68 Billion |
| 2025 | 16.55% | 34.88% | 0.01x | 66.13x | $11.13 Billion |
Industry Comparison
This section compares SSNBF's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SSNBF (SSNBF) | $169.92 Billion | 10.42% | 65.13x | $1.35K |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |