Shin-Etsu Chemical Co. Ltd
Shin-Etsu Chemical Co., Ltd. provides infrastructure, electronics, and functional materials in Japan. The company operates through Infrastructure Materials, Functional Materials, Electronics Materials, and Processing & Specialized Services segments. It offers polyvinyl chloride resin, caustic soda, methanol, chloromethanes, and polyvinyl alcohol; and semiconductor silicon, rare earth magnets, sem… Read more
Shin-Etsu Chemical Co. Ltd (SHECF) - Net Assets
Latest net assets as of December 2025: $4.49 Trillion USD
Based on the latest financial reports, Shin-Etsu Chemical Co. Ltd (SHECF) has net assets worth $4.49 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 ($5.46 Trillion) and total liabilities ($962.42 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 | $4.49 Trillion |
| % of Total Assets | 82.36% |
| Annual Growth Rate | 9.61% |
| 5-Year Change | 67.59% |
| 10-Year Change | 132.52% |
| Growth Volatility | 6.81 |
Shin-Etsu Chemical Co. Ltd - Net Assets Trend (1996–2025)
This chart illustrates how Shin-Etsu Chemical 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 Shin-Etsu Chemical Co. Ltd (1996–2025)
The table below shows the annual net assets of Shin-Etsu Chemical Co. Ltd from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $4.84 Trillion | +9.35% |
| 2024-03-31 | $4.42 Trillion | +9.88% |
| 2023-03-31 | $4.03 Trillion | +17.41% |
| 2022-03-31 | $3.43 Trillion | +18.80% |
| 2021-03-31 | $2.89 Trillion | +6.00% |
| 2020-03-31 | $2.72 Trillion | +7.53% |
| 2019-03-31 | $2.53 Trillion | +4.95% |
| 2018-03-31 | $2.41 Trillion | +10.18% |
| 2017-03-31 | $2.19 Trillion | +5.27% |
| 2016-03-31 | $2.08 Trillion | +3.37% |
| 2015-03-31 | $2.01 Trillion | +10.46% |
| 2014-03-31 | $1.82 Trillion | +12.26% |
| 2013-03-31 | $1.62 Trillion | +8.60% |
| 2012-03-31 | $1.49 Trillion | +1.71% |
| 2011-03-31 | $1.47 Trillion | -0.32% |
| 2010-03-31 | $1.47 Trillion | +4.75% |
| 2009-03-31 | $1.41 Trillion | -5.14% |
| 2008-03-31 | $1.48 Trillion | +9.07% |
| 2007-03-31 | $1.36 Trillion | +12.62% |
| 2006-03-31 | $1.21 Trillion | +17.80% |
| 2005-03-31 | $1.03 Trillion | +10.58% |
| 2004-03-31 | $927.23 Billion | +6.28% |
| 2003-03-31 | $872.48 Billion | +4.37% |
| 2002-03-31 | $835.94 Billion | +13.08% |
| 2001-03-31 | $739.28 Billion | +9.59% |
| 2000-03-31 | $674.56 Billion | +15.43% |
| 1999-03-31 | $584.39 Billion | +13.18% |
| 1998-03-31 | $516.34 Billion | +31.40% |
| 1997-03-31 | $392.95 Billion | +16.18% |
| 1996-03-31 | $338.23 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shin-Etsu Chemical 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 1454.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.76 Trillion | 80.54% |
| Common Stock | $119.42 Billion | 2.56% |
| Other Comprehensive Income | $783.11 Billion | 16.80% |
| Other Components | $4.67 Billion | 0.10% |
| Total Equity | $4.66 Trillion | 100.00% |
Shin-Etsu Chemical Co. Ltd Competitors by Market Cap
The table below lists competitors of Shin-Etsu Chemical Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coinbase Global Inc
NASDAQ:COIN
|
$46.24 Billion |
|
Ford Motor Company
NYSE:F
|
$46.29 Billion |
|
WW Grainger Inc
NYSE:GWW
|
$46.36 Billion |
|
IDEXX Laboratories Inc
NASDAQ:IDXX
|
$46.38 Billion |
|
Macquarie Group Limited
PINK:MCQEF
|
$46.05 Billion |
|
Becton Dickinson and Company
NYSE:BDX
|
$45.90 Billion |
|
KDDI Corp PK
PINK:KDDIY
|
$45.75 Billion |
|
Occidental Petroleum Corporation
NYSE:OXY
|
$45.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shin-Etsu Chemical Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,262,765,000,000 to 4,662,470,000,000, a change of 399,705,000,000 (9.4%).
- Net income of 534,021,000,000 contributed positively to equity growth.
- Dividend payments of 204,724,000,000 reduced retained earnings.
- Share repurchases of 193,988,000,000 reduced equity.
- New share issuances of 2,471,000,000 increased equity.
- Other comprehensive income increased equity by 263,721,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $534.02 Billion | +11.45% |
| Dividends Paid | $204.72 Billion | -4.39% |
| Share Repurchases | $193.99 Billion | -4.16% |
| Share Issuances | $2.47 Billion | +0.05% |
| Other Comprehensive Income | $263.72 Billion | +5.66% |
| Other Changes | $-1.80 Billion | -0.04% |
| Total Change | $- | 9.38% |
Book Value vs Market Value Analysis
This analysis compares Shin-Etsu Chemical 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.
- The price-to-book ratio has decreased from 0.14x to 0.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-03-31 | $181.03 | $24.66 | x |
| 1997-03-31 | $191.82 | $24.66 | x |
| 1998-03-31 | $240.66 | $24.66 | x |
| 1999-03-31 | $268.41 | $24.66 | x |
| 2000-03-31 | $306.42 | $24.66 | x |
| 2001-03-31 | $333.06 | $24.66 | x |
| 2002-03-31 | $377.79 | $24.66 | x |
| 2003-03-31 | $392.90 | $24.66 | x |
| 2004-03-31 | $417.86 | $24.66 | x |
| 2005-03-31 | $462.24 | $24.66 | x |
| 2006-03-31 | $543.24 | $24.66 | x |
| 2007-03-31 | $629.62 | $24.66 | x |
| 2008-03-31 | $669.05 | $24.66 | x |
| 2009-03-31 | $640.96 | $24.66 | x |
| 2010-03-31 | $675.99 | $24.66 | x |
| 2011-03-31 | $673.87 | $24.66 | x |
| 2012-03-31 | $686.23 | $24.66 | x |
| 2013-03-31 | $743.24 | $24.66 | x |
| 2014-03-31 | $833.79 | $24.66 | x |
| 2015-03-31 | $920.68 | $24.66 | x |
| 2016-03-31 | $952.49 | $24.66 | x |
| 2017-03-31 | $1001.15 | $24.66 | x |
| 2018-03-31 | $1102.64 | $24.66 | x |
| 2019-03-31 | $1158.55 | $24.66 | x |
| 2020-03-31 | $1276.32 | $24.66 | x |
| 2021-03-31 | $1353.82 | $24.66 | x |
| 2022-03-31 | $1601.44 | $24.66 | x |
| 2023-03-31 | $1901.57 | $24.66 | x |
| 2024-03-31 | $2123.68 | $24.66 | x |
| 2025-03-31 | $2351.05 | $24.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shin-Etsu Chemical 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): 11.45%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.85%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.21x
- Recent ROE (11.45%) is above the historical average (9.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 11.78% | 6.58% | 0.81x | 2.21x | $5.73 Billion |
| 1997 | 10.84% | 6.50% | 0.67x | 2.48x | $3.14 Billion |
| 1998 | 8.45% | 6.06% | 0.64x | 2.18x | $-7.70 Billion |
| 1999 | 7.69% | 6.75% | 0.61x | 1.88x | $-13.04 Billion |
| 2000 | 7.41% | 7.10% | 0.58x | 1.79x | $-16.90 Billion |
| 2001 | 9.02% | 7.99% | 0.64x | 1.77x | $-6.99 Billion |
| 2002 | 8.44% | 8.84% | 0.60x | 1.59x | $-12.69 Billion |
| 2003 | 8.62% | 9.16% | 0.61x | 1.55x | $-11.68 Billion |
| 2004 | 8.31% | 8.98% | 0.60x | 1.54x | $-15.27 Billion |
| 2005 | 9.35% | 9.63% | 0.66x | 1.48x | $-6.47 Billion |
| 2006 | 15.64% | 13.34% | 0.82x | 1.42x | $66.21 Billion |
| 2007 | 11.32% | 11.80% | 0.70x | 1.37x | $17.98 Billion |
| 2008 | 12.74% | 13.34% | 0.72x | 1.33x | $39.54 Billion |
| 2009 | 11.31% | 12.89% | 0.71x | 1.23x | $17.88 Billion |
| 2010 | 5.84% | 9.15% | 0.52x | 1.23x | $-59.63 Billion |
| 2011 | 7.00% | 9.46% | 0.59x | 1.25x | $-42.94 Billion |
| 2012 | 6.91% | 9.61% | 0.58x | 1.24x | $-45.04 Billion |
| 2013 | 6.70% | 10.31% | 0.53x | 1.22x | $-52.11 Billion |
| 2014 | 6.41% | 9.75% | 0.53x | 1.24x | $-63.74 Billion |
| 2015 | 6.56% | 10.24% | 0.51x | 1.25x | $-67.44 Billion |
| 2016 | 7.34% | 11.63% | 0.51x | 1.24x | $-54.01 Billion |
| 2017 | 8.25% | 14.22% | 0.47x | 1.25x | $-37.39 Billion |
| 2018 | 11.32% | 18.47% | 0.50x | 1.23x | $31.06 Billion |
| 2019 | 12.53% | 19.39% | 0.52x | 1.23x | $62.45 Billion |
| 2020 | 11.83% | 20.34% | 0.48x | 1.22x | $48.61 Billion |
| 2021 | 10.43% | 19.62% | 0.44x | 1.20x | $12.22 Billion |
| 2022 | 15.02% | 24.11% | 0.51x | 1.22x | $167.19 Billion |
| 2023 | 18.28% | 25.21% | 0.59x | 1.22x | $320.82 Billion |
| 2024 | 12.20% | 21.54% | 0.47x | 1.21x | $93.86 Billion |
| 2025 | 11.45% | 20.85% | 0.45x | 1.21x | $67.77 Billion |
Industry Comparison
This section compares Shin-Etsu Chemical Co. Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $4,551,697,655
- Average return on equity (ROE) among peers: 0.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shin-Etsu Chemical Co. Ltd (SHECF) | $4.49 Trillion | 11.78% | 0.21x | $46.17 Billion |
| Synalloy Corporation (ACNT) | $26.00 Million | 24.62% | 0.65x | $96.97 Million |
| Advance ZincTek Limited (ADVNF) | $34.99 Million | 6.26% | 0.09x | $5.02 Million |
| AdvanSix Inc (ASIX) | $215.36 Million | 15.86% | 3.20x | $435.20 Million |
| ASP Isotopes Inc. Common Stock (ASPI) | $6.00 Million | -43.48% | 0.19x | $437.78 Million |
| Braskem SA Class A (BAK) | $5.89 Billion | 14.66% | 7.38x | $970.61 Million |
| Bachem Holding AG (BCHMF) | $389.21 Million | 11.99% | 0.14x | $1.98 Billion |
| BASF SE NA O.N. (BFFAF) | $36.11 Billion | 13.04% | 1.40x | $47.09 Billion |
| BioLargo Inc (BLGO) | $-770.20K | 0.00% | 0.00x | $51.87 Million |
| Black Swan Graphene Inc. (BSWGF) | $13.83 Million | -43.99% | 0.01x | $10.07 Million |
| Celanese Corporation (CE) | $2.83 Billion | 10.75% | 2.03x | $6.44 Billion |