DAWUF
DHR is a real estate investment trust (J-REIT) whose sponsor is Daiwa House Industry Co., Ltd. (hereinafter referred to as "Daiwa House") and whose asset manager is Daiwa House Asset Management Co., Ltd. (hereinafter referred to as the "Asset Manager"), a wholly owned subsidiary of Daiwa House. DHR was listed on the Real Estate Investment Trust (REIT) Market of the Tokyo Stock Exchange, Inc. (her… Read more
DAWUF (DAWUF) - Net Assets
Latest net assets as of August 2025: $504.94 Billion USD
Based on the latest financial reports, DAWUF (DAWUF) has net assets worth $504.94 Billion USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($948.10 Billion) and total liabilities ($443.15 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 | $504.94 Billion |
| % of Total Assets | 53.26% |
| Annual Growth Rate | 1.34% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3.7 |
DAWUF - Net Assets Trend (2022–2025)
This chart illustrates how DAWUF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DAWUF (2022–2025)
The table below shows the annual net assets of DAWUF from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | $509.37 Billion | -1.70% |
| 2024-02-29 | $518.17 Billion | -0.70% |
| 2023-02-28 | $521.82 Billion | +6.61% |
| 2022-02-28 | $489.47 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DAWUF'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 decreased by 17.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $10.14 Billion | 1.99% |
| Other Components | $499.23 Billion | 98.01% |
| Total Equity | $509.37 Billion | 100.00% |
DAWUF Competitors by Market Cap
The table below lists competitors of DAWUF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Himile Mechanical Science & Technology Co Ltd
SHE:002595
|
$4.12 Billion |
|
Universal Display
NASDAQ:OLED
|
$4.12 Billion |
|
Andritz AG
PINK:ADRZF
|
$4.12 Billion |
|
Coforge Limited
NSE:COFORGE
|
$4.12 Billion |
|
HLB Co. Ltd
KQ:028300
|
$4.11 Billion |
|
Grupo Bimbo S.A.B. De C.V.
PINK:GRBMF
|
$4.11 Billion |
|
ATGPF
PINK:ATGPF
|
$4.11 Billion |
|
Rational AG
LSE:0FRJ
|
$4.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DAWUF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 518,173,597,000 to 509,370,835,000, a change of -8,802,762,000 (-1.7%).
- Net income of 20,434,284,000 contributed positively to equity growth.
- Dividend payments of 26,329,220,000 reduced retained earnings.
- Share repurchases of 2,999,995,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $20.43 Billion | +4.01% |
| Dividends Paid | $26.33 Billion | -5.17% |
| Share Repurchases | $3.00 Billion | -0.59% |
| Other Changes | $92.17 Million | +0.02% |
| Total Change | $- | -1.70% |
Book Value vs Market Value Analysis
This analysis compares DAWUF'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: 0.02x
- 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 |
|---|---|---|---|
| 2022-02-28 | $111445.20 | $2100.00 | x |
| 2023-02-28 | $112461.29 | $2100.00 | x |
| 2024-02-29 | $111675.34 | $2100.00 | x |
| 2025-02-28 | $110338.64 | $2100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DAWUF 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): 4.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 33.01%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.89x
- Recent ROE (4.01%) is below the historical average (4.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 4.64% | 39.39% | 0.06x | 1.84x | $-26.23 Billion |
| 2023 | 4.36% | 38.12% | 0.06x | 1.85x | $-29.45 Billion |
| 2024 | 4.31% | 37.62% | 0.06x | 1.85x | $-29.47 Billion |
| 2025 | 4.01% | 33.01% | 0.06x | 1.89x | $-30.50 Billion |
Industry Comparison
This section compares DAWUF's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $1,431,457,758
- Average return on equity (ROE) among peers: 3.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DAWUF (DAWUF) | $504.94 Billion | 4.64% | 0.88x | $4.12 Billion |
| American Assets Trust Inc (AAT) | $189.17 Million | -3.71% | 4.13x | $997.50 Million |
| Armada Hflr Pr (AHH) | $-37.40 Million | 0.00% | 0.00x | $449.55 Million |
| Armada Hoffler Properties, Inc. (AHRT-PA) | $805.18 Million | 1.03% | 2.18x | $1.76 Billion |
| Precinct Properties New Zealand Limited (AOTUF) | $390.30 Million | 1.91% | 0.25x | $1.05 Billion |
| Artis REIT (ARESF) | $4.10 Million | 0.00% | 1.29x | $228.58 Million |
| Ascott Residence Trust (ATTRF) | $3.13 Billion | 4.71% | 0.70x | $1.70 Billion |
| Broadstone Net Lease Inc (BNL) | $1.28 Billion | 4.27% | 1.01x | $3.74 Billion |
| British Land Company Plc (BRLAF) | $4.11 Billion | 3.88% | 1.12x | $5.24 Billion |
| Icade SA (CDMGF) | $1.16 Billion | 6.10% | 1.97x | $700.47 Million |
| Charter Hall Long WALE REIT (CHLWF) | $3.28 Billion | 18.86% | 0.43x | $1.19 Billion |