SMS Co. Ltd
SMS Co., Ltd. provides information infrastructure for the nursing care, medical care, career, healthcare, and elderly care field business areas in Japan and internationally. It operates an online community site for professionals or families engaged in nursing care; a certification course information portal; and a housing information portal for seniors, as well as a home-delivered meal search site… Read more
SMS Co. Ltd (SMSZF) - Net Assets
Latest net assets as of December 2025: $44.37 Billion USD
Based on the latest financial reports, SMS Co. Ltd (SMSZF) has net assets worth $44.37 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($73.52 Billion) and total liabilities ($29.15 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 | $44.37 Billion |
| % of Total Assets | 60.36% |
| Annual Growth Rate | 25.59% |
| 5-Year Change | 22971.79% |
| 10-Year Change | 40318.98% |
| Growth Volatility | 3575.52 |
SMS Co. Ltd - Net Assets Trend (2008–2025)
This chart illustrates how SMS 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 SMS Co. Ltd (2008–2025)
The table below shows the annual net assets of SMS Co. Ltd from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $47.32 Billion | +6.85% |
| 2024-03-31 | $44.28 Billion | +15211.72% |
| 2023-03-31 | $289.21 Million | +17.38% |
| 2022-03-31 | $246.39 Million | +20.14% |
| 2021-03-31 | $205.09 Million | +14.11% |
| 2020-03-31 | $179.72 Million | +27.99% |
| 2019-03-31 | $140.42 Million | -36.84% |
| 2018-03-31 | $222.31 Million | +14.78% |
| 2017-03-31 | $193.69 Million | +65.46% |
| 2016-03-31 | $117.07 Million | -98.31% |
| 2015-03-31 | $6.92 Billion | +13.96% |
| 2014-03-31 | $6.07 Billion | +17.87% |
| 2013-03-31 | $5.15 Billion | +24.58% |
| 2012-03-31 | $4.14 Billion | +27.60% |
| 2011-03-31 | $3.24 Billion | +36.27% |
| 2010-03-31 | $2.38 Billion | +39.26% |
| 2009-03-31 | $1.71 Billion | +73.73% |
| 2008-03-31 | $983.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SMS 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 8739.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $43.43 Billion | 91.79% |
| Common Stock | $2.55 Billion | 5.39% |
| Other Components | $1.34 Billion | 2.82% |
| Total Equity | $47.32 Billion | 100.00% |
SMS Co. Ltd Competitors by Market Cap
The table below lists competitors of SMS Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ehang Holdings Ltd
NASDAQ:EH
|
$846.54 Million |
|
China Leadshine Technology Co Ltd
SHE:002979
|
$846.65 Million |
|
Walliser Kantonalbank
LSE:0RE6
|
$846.67 Million |
|
United Energy Group Limited
PINK:UNEGF
|
$846.97 Million |
|
Nanjing Red Sun Co Ltd
SHE:000525
|
$845.94 Million |
|
Cangzhou Mingzhu Plastic Co Ltd
SHE:002108
|
$845.76 Million |
|
Tong Hsing Electronic Industries Ltd
TW:6271
|
$845.73 Million |
|
Allient Inc.
NASDAQ:ALNT
|
$845.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SMS Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 44,283,000,000 to 47,317,000,000, a change of 3,034,000,000 (6.9%).
- Net income of 6,054,000,000 contributed positively to equity growth.
- Dividend payments of 1,735,000,000 reduced retained earnings.
- Share repurchases of 3,915,000,000 reduced equity.
- New share issuances of 54,000,000 increased equity.
- Other comprehensive income decreased equity by 4,211,000,000.
- Other factors increased equity by 6,787,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.05 Billion | +12.79% |
| Dividends Paid | $1.74 Billion | -3.67% |
| Share Repurchases | $3.92 Billion | -8.27% |
| Share Issuances | $54.00 Million | +0.11% |
| Other Comprehensive Income | $-4.21 Billion | -8.9% |
| Other Changes | $6.79 Billion | +14.34% |
| Total Change | $- | 6.85% |
Book Value vs Market Value Analysis
This analysis compares SMS 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: 0.03x
- 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 0.44x to 0.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | $40.43 | $17.86 | x |
| 2009-03-31 | $43.87 | $17.86 | x |
| 2010-03-31 | $28.50 | $17.86 | x |
| 2011-03-31 | $38.88 | $17.86 | x |
| 2012-03-31 | $49.49 | $17.86 | x |
| 2013-03-31 | $61.87 | $17.86 | x |
| 2014-03-31 | $73.23 | $17.86 | x |
| 2015-03-31 | $83.87 | $17.86 | x |
| 2016-03-31 | $0.94 | $17.86 | x |
| 2017-03-31 | $1.86 | $17.86 | x |
| 2018-03-31 | $2.09 | $17.86 | x |
| 2019-03-31 | $1.61 | $17.86 | x |
| 2020-03-31 | $221.87 | $17.86 | x |
| 2021-03-31 | $258.93 | $17.86 | x |
| 2022-03-31 | $342.51 | $17.86 | x |
| 2023-03-31 | $438.59 | $17.86 | x |
| 2024-03-31 | $506.97 | $17.86 | x |
| 2025-03-31 | $554.53 | $17.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SMS 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): 12.79%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.93%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.62x
- Recent ROE (12.79%) is below the historical average (21.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 24.84% | 9.00% | 1.50x | 1.84x | $145.97 Million |
| 2009 | 42.09% | 13.89% | 1.66x | 1.83x | $548.24 Million |
| 2010 | 30.15% | 10.00% | 1.97x | 1.53x | $479.36 Million |
| 2011 | 27.09% | 11.50% | 1.63x | 1.44x | $552.71 Million |
| 2012 | 24.31% | 11.56% | 1.52x | 1.38x | $591.46 Million |
| 2013 | 23.81% | 12.05% | 1.47x | 1.35x | $711.59 Million |
| 2014 | 22.89% | 11.46% | 1.43x | 1.39x | $777.06 Million |
| 2015 | 26.59% | 12.12% | 1.32x | 1.66x | $1.14 Billion |
| 2016 | 26.22% | 11.88% | 0.46x | 4.83x | $12.47 Million |
| 2017 | 16.25% | 12.15% | 0.53x | 2.51x | $9.67 Million |
| 2018 | 17.33% | 12.63% | 0.58x | 2.38x | $13.37 Million |
| 2019 | 27.13% | 13.67% | 0.65x | 3.05x | $24.05 Million |
| 2020 | 0.23% | 13.55% | 0.69x | 0.02x | $-1.90 Billion |
| 2021 | 21.18% | 13.35% | 80.37x | 0.02x | $2.53 Billion |
| 2022 | 18.03% | 13.90% | 83.66x | 0.02x | $2.41 Billion |
| 2023 | 16.67% | 1863.64% | 0.70x | 0.01x | $2.56 Billion |
| 2024 | 16.32% | 13.39% | 0.74x | 1.64x | $2.80 Billion |
| 2025 | 12.79% | 9.93% | 0.80x | 1.62x | $1.32 Billion |
Industry Comparison
This section compares SMS Co. Ltd's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SMS Co. Ltd (SMSZF) | $44.37 Billion | 24.84% | 0.66x | $846.22 Million |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |