Cargotec Corporation
Hiab Oyj provides smart and on road load-handling solutions and services in Finland. The company provides loader cranes under the HIAB brand; forestry cranes under the LOGLIFT and JONSERED brand names; recycling cranes under the JONSERED brands; truck mounted forklifts under the MOFFETT brand; skip loaders, hoists, and hook lifts under the MULTILIFT and GALFAB brand; and tail lifts under the ZEPR… Read more
Cargotec Corporation (CYJBF) - Net Assets
Latest net assets as of June 2025: $1.04 Billion USD
Based on the latest financial reports, Cargotec Corporation (CYJBF) has net assets worth $1.04 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.38 Billion) and total liabilities ($1.33 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 | $1.04 Billion |
| % of Total Assets | 43.86% |
| Annual Growth Rate | 0.88% |
| 5-Year Change | -21.06% |
| 10-Year Change | -23.43% |
| Growth Volatility | 12.88 |
Cargotec Corporation - Net Assets Trend (2006–2024)
This chart illustrates how Cargotec 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 Cargotec Corporation (2006–2024)
The table below shows the annual net assets of Cargotec Corporation from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.03 Billion | -41.42% |
| 2023-12-31 | $1.75 Billion | +14.75% |
| 2022-12-31 | $1.53 Billion | -1.21% |
| 2021-12-31 | $1.55 Billion | +18.87% |
| 2020-12-31 | $1.30 Billion | -8.82% |
| 2019-12-31 | $1.43 Billion | -0.09% |
| 2018-12-31 | $1.43 Billion | +0.08% |
| 2017-12-31 | $1.43 Billion | +2.17% |
| 2016-12-31 | $1.40 Billion | +4.14% |
| 2015-12-31 | $1.34 Billion | +10.54% |
| 2014-12-31 | $1.21 Billion | -2.07% |
| 2013-12-31 | $1.24 Billion | +0.59% |
| 2012-12-31 | $1.23 Billion | +4.68% |
| 2011-12-31 | $1.18 Billion | +10.11% |
| 2010-12-31 | $1.07 Billion | +19.83% |
| 2009-12-31 | $892.10 Million | +3.20% |
| 2008-12-31 | $864.40 Million | -3.60% |
| 2007-12-31 | $896.70 Million | +2.27% |
| 2006-12-31 | $876.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cargotec 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 36.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.00 Billion | 97.77% |
| Common Stock | $20.00 Million | 1.95% |
| Other Components | $2.90 Million | 0.28% |
| Total Equity | $1.03 Billion | 100.00% |
Cargotec Corporation Competitors by Market Cap
The table below lists competitors of Cargotec Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yihai Kerry Arawana Holdings Co Ltd
SHE:300999
|
$2.30 Billion |
|
DWS Group GmbH & Co. KGaA
XETRA:DWS
|
$2.30 Billion |
|
Belite Bio, Inc
F:D01
|
$2.30 Billion |
|
Country Garden Holdings Company Ltd
PINK:CTRYF
|
$2.30 Billion |
|
Silvercorp Metals Inc
NYSE MKT:SVM
|
$2.30 Billion |
|
ATS Corporation
NYSE:ATS
|
$2.29 Billion |
|
Jushri Technologies Inc Class A
SHE:300762
|
$2.29 Billion |
|
Sona BLW Precision Forgings Limited
NSE:SONACOMS
|
$2.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cargotec Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,752,300,000 to 1,025,400,000, a change of -726,900,000 (-41.5%).
- Net income of 1,066,700,000 contributed positively to equity growth.
- Dividend payments of 138,600,000 reduced retained earnings.
- Share repurchases of 28,000,000 reduced equity.
- Other comprehensive income increased equity by 26,048,264.
- Other factors decreased equity by 1,653,048,264.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.07 Billion | +104.03% |
| Dividends Paid | $138.60 Million | -13.52% |
| Share Repurchases | $28.00 Million | -2.73% |
| Other Comprehensive Income | $26.05 Million | +2.54% |
| Other Changes | $-1.65 Billion | -161.21% |
| Total Change | $- | -41.48% |
Book Value vs Market Value Analysis
This analysis compares Cargotec 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: 3.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3.79x to 3.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $13.57 | $51.43 | x |
| 2007-12-31 | $14.09 | $51.43 | x |
| 2008-12-31 | $13.65 | $51.43 | x |
| 2009-12-31 | $14.20 | $51.43 | x |
| 2010-12-31 | $17.37 | $51.43 | x |
| 2011-12-31 | $19.11 | $51.43 | x |
| 2012-12-31 | $20.01 | $51.43 | x |
| 2013-12-31 | $20.02 | $51.43 | x |
| 2014-12-31 | $18.75 | $51.43 | x |
| 2015-12-31 | $20.73 | $51.43 | x |
| 2016-12-31 | $21.54 | $51.43 | x |
| 2017-12-31 | $22.02 | $51.43 | x |
| 2018-12-31 | $22.04 | $51.43 | x |
| 2019-12-31 | $22.09 | $51.43 | x |
| 2020-12-31 | $20.13 | $51.43 | x |
| 2021-12-31 | $23.90 | $51.43 | x |
| 2022-12-31 | $23.62 | $51.43 | x |
| 2023-12-31 | $27.10 | $51.43 | x |
| 2024-12-31 | $15.91 | $51.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cargotec 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): 104.03%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 64.75%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.39x
- Recent ROE (104.03%) is above the historical average (14.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 18.87% | 6.31% | 1.31x | 2.29x | $77.02 Million |
| 2007 | 15.33% | 4.52% | 1.17x | 2.90x | $47.44 Million |
| 2008 | 16.36% | 4.59% | 0.99x | 3.59x | $53.78 Million |
| 2009 | 0.82% | 0.28% | 0.96x | 3.09x | $-79.99 Million |
| 2010 | 7.32% | 3.03% | 0.88x | 2.74x | $-28.53 Million |
| 2011 | 12.73% | 4.76% | 1.01x | 2.66x | $31.99 Million |
| 2012 | 7.23% | 2.67% | 1.01x | 2.68x | $-34.01 Million |
| 2013 | 4.44% | 1.72% | 0.95x | 2.70x | $-68.53 Million |
| 2014 | 5.91% | 2.13% | 0.92x | 3.02x | $-49.48 Million |
| 2015 | 10.68% | 3.83% | 1.04x | 2.67x | $9.07 Million |
| 2016 | 9.03% | 3.59% | 0.94x | 2.68x | $-13.50 Million |
| 2017 | 9.55% | 4.15% | 0.92x | 2.50x | $-6.42 Million |
| 2018 | 7.51% | 3.24% | 0.90x | 2.58x | $-35.56 Million |
| 2019 | 6.28% | 2.43% | 0.87x | 2.97x | $-53.05 Million |
| 2020 | 0.62% | 0.25% | 0.84x | 2.99x | $-121.77 Million |
| 2021 | 15.96% | 7.44% | 0.82x | 2.61x | $92.07 Million |
| 2022 | 1.56% | 0.58% | 0.98x | 2.74x | $-128.86 Million |
| 2023 | 19.80% | 7.59% | 1.04x | 2.50x | $171.67 Million |
| 2024 | 104.03% | 64.75% | 0.67x | 2.39x | $964.16 Million |
Industry Comparison
This section compares Cargotec Corporation's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $405,749,501
- Average return on equity (ROE) among peers: 1.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cargotec Corporation (CYJBF) | $1.04 Billion | 18.87% | 1.28x | $2.30 Billion |
| Aebi Schmidt Holding AG - Common Stock (AEBI) | $365.18 Million | 8.40% | 1.98x | $483.70 Million |
| AGCO Corporation (AGCO) | $3.10 Billion | 6.02% | 1.58x | $7.13 Billion |
| Agrify Corp (AGFY) | $-9.27 Million | 0.00% | 0.00x | $58.43 Million |
| Ag Growth International Inc (AGGZF) | $110.78 Million | 17.74% | 0.30x | $363.58 Million |
| Alamo Group Inc (ALG) | $106.91 Million | 3.85% | 0.51x | $1.99 Billion |
| AmeraMex International Inc (AMMX) | $-557.03K | 0.00% | 0.00x | $1.43 Million |
| Arts-Way Manufacturing Co Inc (ARTW) | $12.09 Million | 2.54% | 0.76x | $4.69 Million |
| Astec Industries Inc (ASTE) | $193.89 Million | -2.43% | 1.15x | $1.20 Billion |
| Austin Engineering Limited (AUSTF) | $119.42 Million | -41.40% | 1.27x | $116.99 Million |
| Buhler Industries Inc (BIIAF) | $63.76 Million | 20.96% | 1.45x | $1.51 Million |