Furuno Electric Co., Ltd.
Furuno Electric Co., Ltd. manufactures and sells marine and industrial electronics equipment, wireless LAN system, and handheld terminal in Japan, the Americas, Europe, rest of Asia, and internationally. The Marine segment offers radars, AIS and ECDIS systems, and satellite communication equipment for merchant vessels; fish finders, sonars, and radiotelephones for fishing vessels; and network-cap… Read more
Furuno Electric Co., Ltd. (FNOEF) - Net Assets
Latest net assets as of August 2024: $68.62 Billion USD
Based on the latest financial reports, Furuno Electric Co., Ltd. (FNOEF) has net assets worth $68.62 Billion USD as of August 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($118.18 Billion) and total liabilities ($49.55 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 | $68.62 Billion |
| % of Total Assets | 58.07% |
| Annual Growth Rate | 12.28% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.49 |
Furuno Electric Co., Ltd. - Net Assets Trend (2021–2025)
This chart illustrates how Furuno Electric Co., Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Furuno Electric Co., Ltd. (2021–2025)
The table below shows the annual net assets of Furuno Electric Co., Ltd. from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | $72.62 Billion | +18.21% |
| 2024-02-29 | $61.43 Billion | +17.01% |
| 2023-02-28 | $52.50 Billion | +9.65% |
| 2022-02-28 | $47.88 Billion | +4.79% |
| 2021-02-28 | $45.69 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Furuno Electric Co., Ltd.'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 54.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $47.60 Billion | 65.94% |
| Other Components | $24.59 Billion | 34.06% |
| Total Equity | $72.19 Billion | 100.00% |
Furuno Electric Co., Ltd. Competitors by Market Cap
The table below lists competitors of Furuno Electric Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Forever Technology Co Ltd
SHE:300365
|
$386.36 Million |
|
EirGenix
TWO:6589
|
$386.62 Million |
|
Ningbo Ligong Online Monitoring Technology Co Ltd
SHE:002322
|
$386.64 Million |
|
BRBI BR Partners S.A. ADSs
NASDAQ:BRBI
|
$386.65 Million |
|
North Long Dragon New Materials Technology Co. Ltd. A
SHE:301357
|
$386.00 Million |
|
Metro Investment Development Co Ltd
SHG:600683
|
$385.96 Million |
|
Huaxia Eye Hospital Group Co. Ltd. A
SHE:301267
|
$385.79 Million |
|
HMC Capital Ltd
AU:HMC
|
$385.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Furuno Electric Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 61,040,000,000 to 72,185,000,000, a change of 11,145,000,000 (18.3%).
- Net income of 11,457,000,000 contributed positively to equity growth.
- Dividend payments of 2,369,000,000 reduced retained earnings.
- Other factors increased equity by 2,057,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.46 Billion | +15.87% |
| Dividends Paid | $2.37 Billion | -3.28% |
| Other Changes | $2.06 Billion | +2.85% |
| Total Change | $- | 18.26% |
Book Value vs Market Value Analysis
This analysis compares Furuno Electric Co., Ltd.'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 |
|---|---|---|---|
| 2021-02-28 | $1438.88 | $15.37 | x |
| 2022-02-28 | $1517.99 | $15.37 | x |
| 2023-02-28 | $1651.01 | $15.37 | x |
| 2024-02-29 | $1932.30 | $15.37 | x |
| 2025-02-28 | $2284.48 | $15.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Furuno Electric Co., Ltd. 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): 15.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.02%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 1.71x
- Recent ROE (15.87%) is above the historical average (8.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 8.70% | 4.80% | 1.00x | 1.81x | $-589.90 Million |
| 2022 | 5.88% | 3.32% | 0.99x | 1.80x | $-1.97 Billion |
| 2023 | 2.59% | 1.48% | 0.86x | 2.04x | $-3.86 Billion |
| 2024 | 10.22% | 5.43% | 1.00x | 1.87x | $136.00 Million |
| 2025 | 15.87% | 9.02% | 1.03x | 1.71x | $4.24 Billion |
Industry Comparison
This section compares Furuno Electric Co., Ltd.'s net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $11,768,865,158
- Average return on equity (ROE) among peers: -20.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Furuno Electric Co., Ltd. (FNOEF) | $68.62 Billion | 8.70% | 0.72x | $386.02 Million |
| Autoscope Technologies Corp (AATC) | $4.38 Million | -1.14% | 0.21x | $31.60 Million |
| Acorn Energy, Inc. Common Stock (ACFN) | $51.95 Million | -32.17% | 0.30x | $23.47 Million |
| Applied Energetics (AERG) | $21.23 Million | 0.00% | 0.11x | $135.01 Million |
| Ainos Inc (AIMD) | $-3.37 Million | 0.00% | 0.00x | $3.44 Million |
| Anritsu Corporation (AITUF) | $117.52 Billion | 7.89% | 0.30x | $957.96 Million |
| Arbe Robotics Ltd (ARBE) | $40.82 Million | -110.67% | 0.83x | $68.16 Million |
| Haber Inc (ASPT) | $-261.09K | 0.00% | 0.00x | $0.95 |
| Attune RTD Inc (AURT) | $-383.55K | 0.00% | 0.00x | $0.93 |
| AERWINS Technologies Inc. (AWIN) | $15.29 Million | -82.06% | 0.80x | $92.43 |
| Badger Meter Inc (BMI) | $44.01 Million | 15.77% | 1.24x | $4.38 Billion |