DENSO Corporation
DENSO Corporation engages in the manufacture and sale of automotive parts in Japan, Rest of Asia, North America, Europe, and internationally. The company offers air-conditioning systems, including thermal management heat pump system, heat pump air-conditioning systems, personal heating and cooling devices, air quality system, heat exchangers, bus air-conditioning systems, automotive freezers, con… Read more
DENSO Corporation (DNZOF) - Net Assets
Latest net assets as of December 2025: $5.51 Trillion USD
Based on the latest financial reports, DENSO Corporation (DNZOF) has net assets worth $5.51 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 ($8.66 Trillion) and total liabilities ($3.15 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 | $5.51 Trillion |
| % of Total Assets | 63.61% |
| Annual Growth Rate | 5.46% |
| 5-Year Change | 45.8% |
| 10-Year Change | 59.41% |
| Growth Volatility | 10.23 |
DENSO Corporation - Net Assets Trend (2000–2025)
This chart illustrates how DENSO 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 DENSO Corporation (2000–2025)
The table below shows the annual net assets of DENSO Corporation from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $5.19 Trillion | -9.70% |
| 2024-03-31 | $5.75 Trillion | +28.00% |
| 2023-03-31 | $4.49 Trillion | +10.13% |
| 2022-03-31 | $4.08 Trillion | +14.55% |
| 2021-03-31 | $3.56 Trillion | -5.61% |
| 2020-03-31 | $3.77 Trillion | 0.00% |
| 2019-03-31 | $3.77 Trillion | -0.10% |
| 2018-03-31 | $3.77 Trillion | +9.49% |
| 2017-03-31 | $3.45 Trillion | +5.90% |
| 2016-03-31 | $3.26 Trillion | -6.31% |
| 2015-03-31 | $3.47 Trillion | +23.05% |
| 2014-03-31 | $2.82 Trillion | +16.34% |
| 2013-03-31 | $2.43 Trillion | +14.63% |
| 2012-03-31 | $2.12 Trillion | +2.16% |
| 2011-03-31 | $2.07 Trillion | +1.98% |
| 2010-03-31 | $2.03 Trillion | +6.92% |
| 2009-03-31 | $1.90 Trillion | -16.73% |
| 2008-03-31 | $2.28 Trillion | -0.19% |
| 2007-03-31 | $2.29 Trillion | +10.68% |
| 2006-03-31 | $2.07 Trillion | +20.21% |
| 2005-03-31 | $1.72 Trillion | +8.69% |
| 2004-03-31 | $1.58 Trillion | +7.98% |
| 2003-03-31 | $1.46 Trillion | -1.36% |
| 2002-03-31 | $1.48 Trillion | -1.64% |
| 2001-03-31 | $1.51 Trillion | +9.99% |
| 2000-03-31 | $1.37 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DENSO 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 285.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.39 Trillion | 68.16% |
| Common Stock | $187.46 Billion | 3.77% |
| Other Comprehensive Income | $1.31 Trillion | 26.34% |
| Other Components | $86.37 Billion | 1.73% |
| Total Equity | $4.98 Trillion | 100.00% |
DENSO Corporation Competitors by Market Cap
The table below lists competitors of DENSO Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Brambles Ltd
AU:BXB
|
$18.86 Billion |
|
Evergy, Inc.
NASDAQ:EVRG
|
$18.87 Billion |
|
SMC Corp
PINK:SMECF
|
$18.90 Billion |
|
Schindler Ps
SW:SCHP
|
$18.91 Billion |
|
Suzuki Motor Corporation
PINK:SZKMF
|
$18.83 Billion |
|
Aena SA
MC:AENA
|
$18.79 Billion |
|
UNIVERSAL MUSIC GROUP EO1
F:0VD
|
$18.76 Billion |
|
Amcor PLC
NYSE:AMCR
|
$18.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DENSO Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,534,986,000,000 to 4,978,266,000,000, a change of -556,720,000,000 (-10.1%).
- Net income of 419,081,000,000 contributed positively to equity growth.
- Dividend payments of 180,478,000,000 reduced retained earnings.
- Share repurchases of 270,001,000,000 reduced equity.
- Other comprehensive income decreased equity by 763,156,000,000.
- Other factors increased equity by 237,834,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $419.08 Billion | +8.42% |
| Dividends Paid | $180.48 Billion | -3.63% |
| Share Repurchases | $270.00 Billion | -5.42% |
| Other Comprehensive Income | $-763.16 Billion | -15.33% |
| Other Changes | $237.83 Billion | +4.78% |
| Total Change | $- | -10.06% |
Book Value vs Market Value Analysis
This analysis compares DENSO 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: 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 | $351.37 | $10.60 | x |
| 2001-03-31 | $390.91 | $10.60 | x |
| 2002-03-31 | $387.81 | $10.60 | x |
| 2003-03-31 | $398.68 | $10.60 | x |
| 2004-03-31 | $445.91 | $10.60 | x |
| 2005-03-31 | $492.38 | $10.60 | x |
| 2006-03-31 | $594.14 | $10.60 | x |
| 2007-03-31 | $661.09 | $10.60 | x |
| 2008-03-31 | $662.54 | $10.60 | x |
| 2009-03-31 | $554.31 | $10.60 | x |
| 2010-03-31 | $595.41 | $10.60 | x |
| 2011-03-31 | $609.86 | $10.60 | x |
| 2012-03-31 | $624.33 | $10.60 | x |
| 2013-03-31 | $717.85 | $10.60 | x |
| 2014-03-31 | $844.45 | $10.60 | x |
| 2015-03-31 | $1043.04 | $10.60 | x |
| 2016-03-31 | $982.10 | $10.60 | x |
| 2017-03-31 | $1049.04 | $10.60 | x |
| 2018-03-31 | $1151.83 | $10.60 | x |
| 2019-03-31 | $1156.02 | $10.60 | x |
| 2020-03-31 | $1096.03 | $10.60 | x |
| 2021-03-31 | $1255.38 | $10.60 | x |
| 2022-03-31 | $1396.05 | $10.60 | x |
| 2023-03-31 | $1446.79 | $10.60 | x |
| 2024-03-31 | $1857.47 | $10.60 | x |
| 2025-03-31 | $1722.65 | $10.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DENSO 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): 8.42%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.85%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.63x
- Recent ROE (8.42%) is above the historical average (6.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 4.75% | 3.29% | 0.87x | 1.65x | $-68.53 Billion |
| 2001 | 4.19% | 3.02% | 0.86x | 1.61x | $-84.32 Billion |
| 2002 | 5.09% | 3.01% | 1.02x | 1.66x | $-69.81 Billion |
| 2003 | 7.94% | 4.76% | 0.99x | 1.68x | $-28.77 Billion |
| 2004 | 7.29% | 4.29% | 1.01x | 1.67x | $-40.92 Billion |
| 2005 | 8.07% | 4.74% | 1.01x | 1.69x | $-31.70 Billion |
| 2006 | 8.61% | 5.32% | 0.93x | 1.73x | $-27.39 Billion |
| 2007 | 9.44% | 5.68% | 0.96x | 1.73x | $-12.23 Billion |
| 2008 | 11.31% | 6.07% | 1.10x | 1.69x | $28.29 Billion |
| 2009 | -4.69% | -2.68% | 1.04x | 1.68x | $-263.24 Billion |
| 2010 | 3.83% | 2.47% | 0.88x | 1.75x | $-118.51 Billion |
| 2011 | 7.28% | 4.57% | 0.93x | 1.72x | $-53.55 Billion |
| 2012 | 4.44% | 2.83% | 0.87x | 1.79x | $-111.96 Billion |
| 2013 | 7.89% | 5.07% | 0.90x | 1.73x | $-48.55 Billion |
| 2014 | 10.68% | 7.02% | 0.92x | 1.65x | $18.19 Billion |
| 2015 | 7.76% | 6.00% | 0.82x | 1.59x | $-74.41 Billion |
| 2016 | 7.82% | 5.40% | 0.90x | 1.61x | $-68.11 Billion |
| 2017 | 7.78% | 5.69% | 0.88x | 1.55x | $-73.65 Billion |
| 2018 | 8.91% | 6.28% | 0.89x | 1.60x | $-39.27 Billion |
| 2019 | 7.08% | 4.75% | 0.93x | 1.61x | $-105.05 Billion |
| 2020 | 2.00% | 1.32% | 0.89x | 1.71x | $-271.61 Billion |
| 2021 | 3.21% | 2.53% | 0.87x | 1.45x | $-264.05 Billion |
| 2022 | 6.14% | 4.78% | 0.81x | 1.57x | $-166.03 Billion |
| 2023 | 7.19% | 4.92% | 0.86x | 1.70x | $-123.06 Billion |
| 2024 | 5.65% | 4.38% | 0.79x | 1.64x | $-240.71 Billion |
| 2025 | 8.42% | 5.85% | 0.88x | 1.63x | $-78.75 Billion |
Industry Comparison
This section compares DENSO Corporation's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $94,031,693,577
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DENSO Corporation (DNZOF) | $5.51 Trillion | 4.75% | 0.57x | $18.84 Billion |
| Altisource Asset Management Corporation (AAMCF) | $-166.58 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $919.77 Million | 25.52% | 1.76x | $3.10 Billion |
| AB Dynamics plc (ABDDF) | $125.16 Million | 8.78% | 0.36x | $390.81 Million |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $99.67 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.74 Billion | 12.11% | 1.84x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $1.40 Billion | 16.35% | 2.44x | $9.85 Billion |
| Autoliv Inc (ALV) | $3.78 Billion | 12.79% | 0.74x | $7.75 Billion |
| Aptiv PLC (APTV) | $3.01 Billion | 44.84% | 2.56x | $15.18 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $871.89 Billion | 1.90% | 1.27x | $5.03 Billion |