NXAGF
NEXTAGE Co., Ltd. engages in the sale of new and used cars in Japan. It is also involved in the provision of car sales and maintenance; an equipment business; a car purchase business, an on-site car purchase business; the operation of an insurance agency; purchase of used cars; and a car coating business. The company was incorporated in 1998 and is headquartered in Nagoya, Japan.
NXAGF (NXAGF) - Net Assets
Latest net assets as of May 2025: $70.38 Billion USD
Based on the latest financial reports, NXAGF (NXAGF) has net assets worth $70.38 Billion USD as of May 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($227.08 Billion) and total liabilities ($156.70 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 | $70.38 Billion |
| % of Total Assets | 30.99% |
| Annual Growth Rate | 24.76% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.08 |
NXAGF - Net Assets Trend (2020–2024)
This chart illustrates how NXAGF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NXAGF (2020–2024)
The table below shows the annual net assets of NXAGF from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | $72.73 Billion | +9.36% |
| 2023-11-30 | $66.50 Billion | +18.12% |
| 2022-11-30 | $56.30 Billion | +35.29% |
| 2021-11-30 | $41.62 Billion | +38.65% |
| 2020-11-30 | $30.02 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to NXAGF'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 193.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $51.59 Billion | 70.94% |
| Other Components | $21.13 Billion | 29.06% |
| Total Equity | $72.73 Billion | 100.00% |
NXAGF Competitors by Market Cap
The table below lists competitors of NXAGF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Manchester United Ltd
NYSE:MANU
|
$627.77 Million |
|
Diversified United Investment Ltd
AU:DUI
|
$627.86 Million |
|
HELLENiQ ENERGY Holdings S.A.
PINK:HLPXF
|
$627.93 Million |
|
Zhejiang Huangma Technology Co Ltd
SHG:603181
|
$627.98 Million |
|
Okeanis Eco Tankers Corp.
NYSE:ECO
|
$627.46 Million |
|
Goldlok Toys Holdings Guangdong Co Ltd
SHE:002348
|
$627.40 Million |
|
Shanghai Pudong Road & Bridge Construction Co Ltd
SHG:600284
|
$627.27 Million |
|
Yunnan Xiyi Industrial Co Ltd
SHE:002265
|
$627.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NXAGF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 66,505,000,000 to 72,727,000,000, a change of 6,222,000,000 (9.4%).
- Net income of 8,006,000,000 contributed positively to equity growth.
- Dividend payments of 2,578,000,000 reduced retained earnings.
- New share issuances of 941,000,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.01 Billion | +11.01% |
| Dividends Paid | $2.58 Billion | -3.54% |
| Share Issuances | $941.00 Million | +1.29% |
| Other Changes | $-147.00 Million | -0.2% |
| Total Change | $- | 9.36% |
Book Value vs Market Value Analysis
This analysis compares NXAGF'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 |
|---|---|---|---|
| 2020-11-30 | $406.99 | $14.15 | x |
| 2021-11-30 | $541.89 | $14.15 | x |
| 2022-11-30 | $707.90 | $14.15 | x |
| 2023-11-30 | $832.24 | $14.15 | x |
| 2024-11-30 | $904.63 | $14.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NXAGF 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): 11.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.45%
- • Asset Turnover: 2.49x
- • Equity Multiplier: 3.06x
- Recent ROE (11.01%) is below the historical average (18.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 15.79% | 1.97% | 2.42x | 3.32x | $1.74 Billion |
| 2021 | 23.22% | 3.32% | 2.62x | 2.67x | $5.50 Billion |
| 2022 | 24.66% | 3.32% | 2.59x | 2.86x | $8.26 Billion |
| 2023 | 17.38% | 2.49% | 2.61x | 2.67x | $4.91 Billion |
| 2024 | 11.01% | 1.45% | 2.49x | 3.06x | $733.30 Million |
Industry Comparison
This section compares NXAGF's net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $479,331,244
- Average return on equity (ROE) among peers: 1.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NXAGF (NXAGF) | $70.38 Billion | 15.79% | 2.23x | $627.73 Million |
| Asbury Automotive Group Inc (ABG) | $473.20 Million | 35.50% | 4.70x | $2.82 Billion |
| ACV Auctions Inc. (ACVA) | $556.10 Million | -14.06% | 0.77x | $1.29 Billion |
| Balincan International Inc (ALTB) | $-44.44K | 0.00% | 0.00x | $549.75 Million |
| AMA Group Limited (AMGRF) | $162.85 Million | 10.57% | 0.80x | $14.62 Million |
| AutoNation Inc (AN) | $2.46 Billion | 28.17% | 4.29x | $6.02 Billion |
| AutoCanada Inc (AOCIF) | $86.39 Million | 10.04% | 2.10x | $138.46 Million |
| AUTO1 Group SE (ATOGF) | $118.48 Million | -80.39% | 2.00x | $2.48 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-28.41 Million | 0.00% | 0.00x | $21.12 Million |
| Boyd Group Services Inc (BYDGF) | $710.60 Million | 6.21% | 1.21x | $3.03 Billion |
| CarGurus (CARG) | $256.86 Million | 16.41% | 0.53x | $2.65 Billion |