ANA Holdings Inc
ANA Holdings Inc., together with its subsidiaries, provides air transportation services in Japan and internationally. It operates through Aviation Business, Aviation related business, Travel business, and Trading company business segments. The Air Transportation segment offers domestic and international passenger, cargo and mail, and other transportation services. The Aviation related business se… Read more
ANA Holdings Inc (ALNPF) - Net Assets
Latest net assets as of December 2025: $1.45 Trillion USD
Based on the latest financial reports, ANA Holdings Inc (ALNPF) has net assets worth $1.45 Trillion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.83 Trillion) and total liabilities ($2.37 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 | $1.45 Trillion |
| % of Total Assets | 37.94% |
| Annual Growth Rate | 10.21% |
| 5-Year Change | 12.62% |
| 10-Year Change | 43.43% |
| Growth Volatility | 21.6 |
ANA Holdings Inc - Net Assets Trend (2000–2025)
This chart illustrates how ANA Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ANA Holdings Inc (2000–2025)
The table below shows the annual net assets of ANA Holdings Inc from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $1.14 Trillion | +8.31% |
| 2024-03-31 | $1.05 Trillion | +20.94% |
| 2023-03-31 | $870.39 Billion | +8.34% |
| 2022-03-31 | $803.41 Billion | -20.64% |
| 2021-03-31 | $1.01 Trillion | -5.29% |
| 2020-03-31 | $1.07 Trillion | -3.65% |
| 2019-03-31 | $1.11 Trillion | +10.87% |
| 2018-03-31 | $1.00 Trillion | +8.26% |
| 2017-03-31 | $924.17 Billion | +16.26% |
| 2016-03-31 | $794.90 Billion | -1.08% |
| 2015-03-31 | $803.55 Billion | +6.96% |
| 2014-03-31 | $751.29 Billion | -2.82% |
| 2013-03-31 | $773.10 Billion | +39.33% |
| 2012-03-31 | $554.86 Billion | +5.42% |
| 2011-03-31 | $526.35 Billion | +9.64% |
| 2010-03-31 | $480.09 Billion | +47.36% |
| 2009-03-31 | $325.80 Billion | -28.54% |
| 2008-03-31 | $455.95 Billion | +10.24% |
| 2007-03-31 | $413.60 Billion | +17.02% |
| 2006-03-31 | $353.44 Billion | +57.43% |
| 2005-03-31 | $224.50 Billion | +41.20% |
| 2004-03-31 | $159.00 Billion | +20.21% |
| 2003-03-31 | $132.26 Billion | -12.37% |
| 2002-03-31 | $150.93 Billion | -3.77% |
| 2001-03-31 | $156.85 Billion | +56.24% |
| 2000-03-31 | $100.39 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ANA Holdings Inc'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 32985600000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $265.48 Billion | 23.49% |
| Common Stock | $467.60 Billion | 41.37% |
| Other Comprehensive Income | $58.99 Billion | 5.22% |
| Other Components | $338.25 Billion | 29.93% |
| Total Equity | $1.13 Trillion | 100.00% |
ANA Holdings Inc Competitors by Market Cap
The table below lists competitors of ANA Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank of Nanjing Co Ltd
SHG:601009
|
$7.63 Billion |
|
Grupo Aeroportuario del Pacífico S.A.B. de C.V
PINK:GPAEF
|
$7.64 Billion |
|
Federal Home Loan Mortgage Corp Pref Var
OTCQB:FMCCI
|
$7.64 Billion |
|
Sunny Optical Technology Group Co Ltd
PINK:SNPTF
|
$7.65 Billion |
|
The Magnum Ice Cream Company N.V.
NYSE:MICC
|
$7.63 Billion |
|
Alexandria Real Estate Equities Inc
NYSE:ARE
|
$7.61 Billion |
|
Brown-Forman Corporation
NYSE:BF-A
|
$7.60 Billion |
|
Xiamen Tungsten Co Ltd
SHG:600549
|
$7.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ANA Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,044,508,000,000 to 1,130,317,000,000, a change of 85,809,000,000 (8.2%).
- Net income of 153,027,000,000 contributed positively to equity growth.
- Dividend payments of 23,521,000,000 reduced retained earnings.
- Share repurchases of 38,000,000 reduced equity.
- Other comprehensive income decreased equity by 34,394,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $153.03 Billion | +13.54% |
| Dividends Paid | $23.52 Billion | -2.08% |
| Share Repurchases | $38.00 Million | -0.0% |
| Other Comprehensive Income | $-34.39 Billion | -3.04% |
| Other Changes | $-9.27 Billion | -0.82% |
| Total Change | $- | 8.22% |
Book Value vs Market Value Analysis
This analysis compares ANA Holdings Inc'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 |
|---|---|---|---|
| 2000-03-31 | $675.74 | $17.22 | x |
| 2001-03-31 | $926.48 | $17.22 | x |
| 2002-03-31 | $904.63 | $17.22 | x |
| 2003-03-31 | $795.01 | $17.22 | x |
| 2004-03-31 | $854.83 | $17.22 | x |
| 2005-03-31 | $1216.42 | $17.22 | x |
| 2006-03-31 | $2026.90 | $17.22 | x |
| 2007-03-31 | $2084.37 | $17.22 | x |
| 2008-03-31 | $2325.63 | $17.22 | x |
| 2009-03-31 | $1654.87 | $17.22 | x |
| 2010-03-31 | $2035.43 | $17.22 | x |
| 2011-03-31 | $2074.73 | $17.22 | x |
| 2012-03-31 | $2185.70 | $17.22 | x |
| 2013-03-31 | $2401.70 | $17.22 | x |
| 2014-03-31 | $2135.37 | $17.22 | x |
| 2015-03-31 | $2285.78 | $17.22 | x |
| 2016-03-31 | $2259.07 | $17.22 | x |
| 2017-03-31 | $2626.01 | $17.22 | x |
| 2018-03-31 | $2870.91 | $17.22 | x |
| 2019-03-31 | $3285.44 | $17.22 | x |
| 2020-03-31 | $3171.42 | $17.22 | x |
| 2021-03-31 | $2693.53 | $17.22 | x |
| 2022-03-31 | $1695.05 | $17.22 | x |
| 2023-03-31 | $1640.11 | $17.22 | x |
| 2024-03-31 | $2005.39 | $17.22 | x |
| 2025-03-31 | $2147.34 | $17.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ANA Holdings Inc 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): 13.54%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.77%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 3.20x
- Recent ROE (13.54%) is above the historical average (2.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -17.66% | -1.42% | 0.79x | 15.75x | $-26.96 Billion |
| 2001 | 26.77% | 3.15% | 0.88x | 9.64x | $25.24 Billion |
| 2002 | -6.80% | -0.78% | 0.80x | 10.90x | $-23.29 Billion |
| 2003 | -22.13% | -2.22% | 0.84x | 11.83x | $-39.19 Billion |
| 2004 | 16.49% | 2.03% | 0.78x | 10.43x | $9.75 Billion |
| 2005 | 12.59% | 2.09% | 0.80x | 7.50x | $5.54 Billion |
| 2006 | 7.72% | 1.95% | 0.82x | 4.81x | $-7.91 Billion |
| 2007 | 8.05% | 2.19% | 0.93x | 3.95x | $-7.93 Billion |
| 2008 | 14.16% | 4.31% | 0.83x | 3.94x | $18.85 Billion |
| 2009 | -1.32% | -0.31% | 0.79x | 5.47x | $-36.45 Billion |
| 2010 | -12.12% | -4.67% | 0.66x | 3.93x | $-104.74 Billion |
| 2011 | 4.48% | 1.72% | 0.70x | 3.71x | $-28.72 Billion |
| 2012 | 5.13% | 2.00% | 0.70x | 3.65x | $-26.72 Billion |
| 2013 | 5.63% | 2.91% | 0.69x | 2.79x | $-33.53 Billion |
| 2014 | 2.53% | 1.18% | 0.74x | 2.91x | $-55.72 Billion |
| 2015 | 4.92% | 2.29% | 0.74x | 2.88x | $-40.59 Billion |
| 2016 | 9.90% | 4.36% | 0.80x | 2.82x | $-820.60 Million |
| 2017 | 10.75% | 5.60% | 0.76x | 2.52x | $6.91 Billion |
| 2018 | 14.55% | 7.30% | 0.77x | 2.59x | $45.02 Billion |
| 2019 | 10.08% | 5.38% | 0.77x | 2.44x | $835.70 Million |
| 2020 | 2.61% | 1.40% | 0.77x | 2.41x | $-78.45 Billion |
| 2021 | -40.17% | -55.53% | 0.23x | 3.18x | $-505.35 Billion |
| 2022 | -18.02% | -14.08% | 0.32x | 4.04x | $-223.35 Billion |
| 2023 | 10.38% | 5.24% | 0.51x | 3.90x | $3.24 Billion |
| 2024 | 15.04% | 7.64% | 0.58x | 3.42x | $52.65 Billion |
| 2025 | 13.54% | 6.77% | 0.62x | 3.20x | $40.00 Billion |
Industry Comparison
This section compares ANA Holdings Inc's net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $5,257,565,835
- Average return on equity (ROE) among peers: 164.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ANA Holdings Inc (ALNPF) | $1.45 Trillion | -17.66% | 1.64x | $7.63 Billion |
| American Airlines Group (AAL) | $-581.00 Million | 0.00% | 0.00x | $6.80 Billion |
| Air Canada (ACDVF) | $2.59 Billion | 24.86% | 11.05x | $2.83 Billion |
| Grupo Aeroméxico, S.A.B. de C.V. (AERO) | $-730.83 Million | 0.00% | 0.00x | $260.71 Million |
| Air France-KLM SA (AFRAF) | $-5.42 Billion | 0.00% | 0.00x | $1.02 Billion |
| Aegean Airlines S.A (AGZNF) | $277.88 Million | 24.44% | 1.61x | $461.90 Million |
| AirAsia Group Berhad (AIABF) | $935.30 Million | 1390.41% | 6.89x | $418.10 Million |
| Air China Limited (AICAF) | $49.50 Billion | 15.10% | 2.50x | $2.97 Billion |
| Allegiant Travel Company (ALGT) | $401.72 Million | 19.56% | 0.99x | $1.25 Billion |
| Alaska Air Group Inc (ALK) | $340.50 Million | 5.05% | 2.00x | $4.48 Billion |