Nippon Steel Corporation
Nippon Steel Corporation engages in the steelmaking and steel fabrication, engineering, chemicals and materials, and system solutions businesses in Japan and internationally. The company's Steelmaking and Steel Fabrication segment engages in the manufacture and sale of steel products. Its Engineering and Construction segment engages in the design, manufacture, sale, construction, and supervision … Read more
Nippon Steel Corporation (NISTF) - Net Assets
Latest net assets as of December 2025: $5.86 Trillion USD
Based on the latest financial reports, Nippon Steel Corporation (NISTF) has net assets worth $5.86 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 ($14.46 Trillion) and total liabilities ($8.60 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 | $5.86 Trillion |
| % of Total Assets | 40.51% |
| Annual Growth Rate | 7.58% |
| 5-Year Change | 88.52% |
| 10-Year Change | 96.19% |
| Growth Volatility | 14.05 |
Nippon Steel Corporation - Net Assets Trend (2000–2025)
This chart illustrates how Nippon Steel 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 Nippon Steel Corporation (2000–2025)
The table below shows the annual net assets of Nippon Steel Corporation from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $5.90 Trillion | +10.22% |
| 2024-03-31 | $5.36 Trillion | +15.27% |
| 2023-03-31 | $4.65 Trillion | +19.23% |
| 2022-03-31 | $3.90 Trillion | +24.45% |
| 2021-03-31 | $3.13 Trillion | +4.50% |
| 2020-03-31 | $3.00 Trillion | -16.93% |
| 2019-03-31 | $3.61 Trillion | +2.61% |
| 2018-03-31 | $3.52 Trillion | +6.82% |
| 2017-03-31 | $3.29 Trillion | +9.37% |
| 2016-03-31 | $3.01 Trillion | -15.17% |
| 2015-03-31 | $3.55 Trillion | +9.54% |
| 2014-03-31 | $3.24 Trillion | +10.20% |
| 2013-03-31 | $2.94 Trillion | +25.17% |
| 2012-03-31 | $2.35 Trillion | -1.41% |
| 2011-03-31 | $2.38 Trillion | +1.94% |
| 2010-03-31 | $2.34 Trillion | +7.40% |
| 2009-03-31 | $2.17 Trillion | -9.91% |
| 2008-03-31 | $2.41 Trillion | +1.89% |
| 2007-03-31 | $2.37 Trillion | +32.95% |
| 2006-03-31 | $1.78 Trillion | +39.23% |
| 2005-03-31 | $1.28 Trillion | +23.58% |
| 2004-03-31 | $1.04 Trillion | +18.51% |
| 2003-03-31 | $873.99 Billion | -10.15% |
| 2002-03-31 | $972.71 Billion | -6.75% |
| 2001-03-31 | $1.04 Trillion | +9.90% |
| 2000-03-31 | $949.19 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nippon Steel 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 953.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.82 Trillion | 70.96% |
| Common Stock | $569.52 Billion | 10.58% |
| Other Comprehensive Income | $473.64 Billion | 8.80% |
| Other Components | $520.22 Billion | 9.66% |
| Total Equity | $5.38 Trillion | 100.00% |
Nippon Steel Corporation Competitors by Market Cap
The table below lists competitors of Nippon Steel Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DSM-Firmenich AG
OTCQX:DSMFF
|
$19.91 Billion |
|
Gold Fields Limited
PINK:GFIOF
|
$19.92 Billion |
|
QBE Insurance Group Limited
PINK:QBEIF
|
$19.95 Billion |
|
Bank Central Asia Tbk
JK:BBCA
|
$19.96 Billion |
|
Swedbank AB (publ)
PINK:SWDBF
|
$19.91 Billion |
|
China Telecom Corp Ltd
SHG:601728
|
$19.88 Billion |
|
KONE Oyj
PINK:KNYJF
|
$19.86 Billion |
|
Shanghai Pudong Development Bank Co Ltd
SHG:600000
|
$19.86 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nippon Steel Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,777,727,000,000 to 5,383,311,000,000, a change of 605,584,000,000 (12.7%).
- Net income of 350,227,000,000 contributed positively to equity growth.
- Dividend payments of 162,085,000,000 reduced retained earnings.
- Share repurchases of 58,000,000 reduced equity.
- Other comprehensive income decreased equity by 17,941,000,000.
- Other factors increased equity by 435,441,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $350.23 Billion | +6.51% |
| Dividends Paid | $162.09 Billion | -3.01% |
| Share Repurchases | $58.00 Million | -0.0% |
| Other Comprehensive Income | $-17.94 Billion | -0.33% |
| Other Changes | $435.44 Billion | +8.09% |
| Total Change | $- | 12.68% |
Book Value vs Market Value Analysis
This analysis compares Nippon Steel 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: 0.02x
- 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 |
|---|---|---|---|
| 2000-03-31 | $261.27 | $19.62 | x |
| 2001-03-31 | $287.85 | $19.62 | x |
| 2002-03-31 | $266.54 | $19.62 | x |
| 2003-03-31 | $234.43 | $19.62 | x |
| 2004-03-31 | $279.11 | $19.62 | x |
| 2005-03-31 | $352.92 | $19.62 | x |
| 2006-03-31 | $498.54 | $19.62 | x |
| 2007-03-31 | $585.43 | $19.62 | x |
| 2008-03-31 | $575.45 | $19.62 | x |
| 2009-03-31 | $510.26 | $19.62 | x |
| 2010-03-31 | $586.38 | $19.62 | x |
| 2011-03-31 | $579.41 | $19.62 | x |
| 2012-03-31 | $581.56 | $19.62 | x |
| 2013-03-31 | $623.86 | $19.62 | x |
| 2014-03-31 | $589.71 | $19.62 | x |
| 2015-03-31 | $652.83 | $19.62 | x |
| 2016-03-31 | $605.50 | $19.62 | x |
| 2017-03-31 | $666.30 | $19.62 | x |
| 2018-03-31 | $712.75 | $19.62 | x |
| 2019-03-31 | $724.89 | $19.62 | x |
| 2020-03-31 | $573.91 | $19.62 | x |
| 2021-03-31 | $599.51 | $19.62 | x |
| 2022-03-31 | $715.30 | $19.62 | x |
| 2023-03-31 | $809.58 | $19.62 | x |
| 2024-03-31 | $918.30 | $19.62 | x |
| 2025-03-31 | $1030.34 | $19.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nippon Steel 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): 6.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.03%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.03x
- Recent ROE (6.51%) is above the historical average (6.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 1.26% | 0.42% | 0.64x | 4.69x | $-77.75 Billion |
| 2001 | 2.70% | 0.96% | 0.65x | 4.32x | $-71.48 Billion |
| 2002 | -3.13% | -1.10% | 0.64x | 4.44x | $-119.12 Billion |
| 2003 | -6.55% | -1.88% | 0.73x | 4.76x | $-130.63 Billion |
| 2004 | 4.42% | 1.42% | 0.79x | 3.95x | $-52.34 Billion |
| 2005 | 18.56% | 6.51% | 0.88x | 3.26x | $101.76 Billion |
| 2006 | 20.50% | 8.80% | 0.86x | 2.71x | $176.11 Billion |
| 2007 | 18.55% | 8.16% | 0.80x | 2.82x | $161.89 Billion |
| 2008 | 18.60% | 7.35% | 0.93x | 2.72x | $164.11 Billion |
| 2009 | 9.29% | 3.25% | 0.98x | 2.92x | $-11.79 Billion |
| 2010 | -0.63% | -0.33% | 0.70x | 2.71x | $-195.97 Billion |
| 2011 | 5.01% | 2.27% | 0.82x | 2.69x | $-92.88 Billion |
| 2012 | 3.20% | 1.43% | 0.83x | 2.69x | $-124.42 Billion |
| 2013 | -5.20% | -2.84% | 0.62x | 2.96x | $-363.97 Billion |
| 2014 | 9.05% | 4.40% | 0.78x | 2.64x | $-25.61 Billion |
| 2015 | 7.19% | 3.82% | 0.78x | 2.40x | $-83.58 Billion |
| 2016 | 5.24% | 2.96% | 0.76x | 2.32x | $-131.96 Billion |
| 2017 | 4.44% | 2.83% | 0.64x | 2.46x | $-163.88 Billion |
| 2018 | 6.20% | 3.44% | 0.75x | 2.41x | $-119.48 Billion |
| 2019 | 7.77% | 4.07% | 0.77x | 2.49x | $-71.91 Billion |
| 2020 | -16.34% | -7.29% | 0.80x | 2.82x | $-695.67 Billion |
| 2021 | -1.18% | -0.67% | 0.64x | 2.74x | $-308.43 Billion |
| 2022 | 18.38% | 9.36% | 0.78x | 2.52x | $290.64 Billion |
| 2023 | 16.60% | 8.70% | 0.83x | 2.29x | $275.90 Billion |
| 2024 | 11.50% | 6.19% | 0.83x | 2.24x | $71.60 Billion |
| 2025 | 6.51% | 4.03% | 0.79x | 2.03x | $-188.10 Billion |
Industry Comparison
This section compares Nippon Steel Corporation's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $10,879,360,340
- Average return on equity (ROE) among peers: 3.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nippon Steel Corporation (NISTF) | $5.86 Trillion | 1.26% | 1.47x | $19.91 Billion |
| Acerinox S.A. (ACRXF) | $1.93 Billion | -3.09% | 1.28x | $1.71 Billion |
| ArcelorMittal SA (AMSYF) | $11.98 Billion | 27.55% | 1.59x | $12.85 Billion |
| Angang Steel Company Limited (ANGGF) | $50.39 Billion | 11.12% | 0.77x | $641.51 Million |
| Aperam PK (APEMY) | $3.79 Billion | 7.21% | 0.73x | $1.17 Billion |
| Aperam SA (APMSF) | $2.52 Billion | 11.35% | 0.72x | $1.31 Billion |
| ArcelorMittal South Africa Ltd (ARCXF) | $28.00 Billion | 33.51% | 0.34x | $14.02 Million |
| Algoma Steel Group Inc (ASTL) | $173.80 Million | -92.29% | 7.94x | $268.31 Million |
| Algoma Steel Group Inc. Warrant (ASTLW) | $-530.90 Million | 0.00% | 0.00x | $6.22 Million |
| BCI Minerals Limited (BIRNF) | $103.61 Million | 12.45% | 0.26x | $227.67 Million |
| BlueScope Steel Limited (BLSFF) | $10.45 Billion | 26.90% | 0.59x | $5.72 Billion |