SPARX Group Co. Ltd
SPARX Group Co., Ltd. is a publicly owned asset management holding company. Through its subsidiaries, the firm offers asset management and investment advisory services. It invests in real estate. The firm primarily provides its services to corporate pension annuities, government entities, private and trust banks, and public pension funds. SPARX Group Co., Ltd. was founded on July 1, 1989 and is b… Read more
SPARX Group Co. Ltd (SRXXF) - Net Assets
Latest net assets as of December 2025: $37.07 Billion USD
Based on the latest financial reports, SPARX Group Co. Ltd (SRXXF) has net assets worth $37.07 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 ($53.33 Billion) and total liabilities ($16.26 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 | $37.07 Billion |
| % of Total Assets | 69.51% |
| Annual Growth Rate | 0.08% |
| 5-Year Change | 43.96% |
| 10-Year Change | 112.99% |
| Growth Volatility | 21.92 |
SPARX Group Co. Ltd - Net Assets Trend (2005–2025)
This chart illustrates how SPARX Group 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 SPARX Group Co. Ltd (2005–2025)
The table below shows the annual net assets of SPARX Group Co. Ltd from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $33.51 Billion | +6.65% |
| 2024-03-31 | $31.42 Billion | +20.63% |
| 2023-03-31 | $26.05 Billion | +7.08% |
| 2022-03-31 | $24.32 Billion | +4.50% |
| 2021-03-31 | $23.27 Billion | +14.45% |
| 2020-03-31 | $20.34 Billion | -3.24% |
| 2019-03-31 | $21.02 Billion | -1.73% |
| 2018-03-31 | $21.39 Billion | +24.49% |
| 2017-03-31 | $17.18 Billion | +9.21% |
| 2016-03-31 | $15.73 Billion | +6.40% |
| 2015-03-31 | $14.79 Billion | +18.07% |
| 2014-03-31 | $12.52 Billion | +24.87% |
| 2013-03-31 | $10.03 Billion | -4.96% |
| 2012-03-31 | $10.55 Billion | -34.14% |
| 2011-03-31 | $16.02 Billion | -24.01% |
| 2010-03-31 | $21.08 Billion | +17.10% |
| 2009-03-31 | $18.00 Billion | -62.19% |
| 2008-03-31 | $47.62 Billion | -9.46% |
| 2007-03-31 | $52.60 Billion | +26.02% |
| 2006-03-31 | $41.74 Billion | +26.54% |
| 2005-03-31 | $32.98 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SPARX Group 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 95.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $23.50 Billion | 70.13% |
| Common Stock | $8.59 Billion | 25.63% |
| Other Comprehensive Income | $3.16 Billion | 9.44% |
| Total Equity | $33.51 Billion | 100.00% |
SPARX Group Co. Ltd Competitors by Market Cap
The table below lists competitors of SPARX Group Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SHANGHAI FUDAN H YC-,10
F:FDY
|
$140.98 Million |
|
Information Services Group Inc
NASDAQ:III
|
$141.00 Million |
|
Azul SA
NYSE:AZUL
|
$141.03 Million |
|
Malaysia Smelting Corporation Bhd
KLSE:5916
|
$141.04 Million |
|
Kyobo Securiti
KO:030610
|
$140.83 Million |
|
Jiangsu Smartwin Electronics Technology Co.Ltd.
SHE:301106
|
$140.83 Million |
|
Planet Technology
TWO:6263
|
$140.80 Million |
|
Translational Development Acquisition Corp. Units
NASDAQ:TDACU
|
$140.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SPARX Group Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 31,441,000,000 to 33,507,000,000, a change of 2,066,000,000 (6.6%).
- Net income of 5,252,000,000 contributed positively to equity growth.
- Dividend payments of 2,718,000,000 reduced retained earnings.
- Share repurchases of 293,000,000 reduced equity.
- Other comprehensive income decreased equity by 461,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.25 Billion | +15.67% |
| Dividends Paid | $2.72 Billion | -8.11% |
| Share Repurchases | $293.00 Million | -0.87% |
| Other Comprehensive Income | $-461.00 Million | -1.38% |
| Other Changes | $286.00 Million | +0.85% |
| Total Change | $- | 6.57% |
Book Value vs Market Value Analysis
This analysis compares SPARX Group 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 |
|---|---|---|---|
| 2005-03-31 | $977.11 | $8.70 | x |
| 2006-03-31 | $1029.19 | $8.70 | x |
| 2007-03-31 | $1273.95 | $8.70 | x |
| 2008-03-31 | $1092.55 | $8.70 | x |
| 2009-03-31 | $395.85 | $8.70 | x |
| 2010-03-31 | $455.14 | $8.70 | x |
| 2011-03-31 | $353.80 | $8.70 | x |
| 2012-03-31 | $228.88 | $8.70 | x |
| 2013-03-31 | $219.75 | $8.70 | x |
| 2014-03-31 | $274.54 | $8.70 | x |
| 2015-03-31 | $322.73 | $8.70 | x |
| 2016-03-31 | $348.60 | $8.70 | x |
| 2017-03-31 | $386.55 | $8.70 | x |
| 2018-03-31 | $484.13 | $8.70 | x |
| 2019-03-31 | $509.56 | $8.70 | x |
| 2020-03-31 | $492.33 | $8.70 | x |
| 2021-03-31 | $582.34 | $8.70 | x |
| 2022-03-31 | $608.80 | $8.70 | x |
| 2023-03-31 | $653.16 | $8.70 | x |
| 2024-03-31 | $789.98 | $8.70 | x |
| 2025-03-31 | $843.16 | $8.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SPARX Group 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): 15.67%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.24%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.49x
- Recent ROE (15.67%) is above the historical average (0.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 12.99% | 29.87% | 0.40x | 1.09x | $981.17 Million |
| 2006 | 21.70% | 33.11% | 0.47x | 1.40x | $4.80 Billion |
| 2007 | 7.66% | 13.74% | 0.34x | 1.65x | $-1.16 Billion |
| 2008 | 7.21% | 10.52% | 0.41x | 1.66x | $-1.24 Billion |
| 2009 | -146.46% | -317.89% | 0.19x | 2.36x | $-24.91 Billion |
| 2010 | 2.17% | 5.04% | 0.21x | 2.00x | $-1.44 Billion |
| 2011 | -25.93% | -52.08% | 0.25x | 1.96x | $-5.12 Billion |
| 2012 | -49.15% | -101.02% | 0.22x | 2.20x | $-5.46 Billion |
| 2013 | -24.84% | -58.50% | 0.29x | 1.46x | $-3.09 Billion |
| 2014 | 14.68% | 21.12% | 0.49x | 1.42x | $521.80 Million |
| 2015 | 11.34% | 22.53% | 0.34x | 1.47x | $177.20 Million |
| 2016 | 18.80% | 30.71% | 0.42x | 1.45x | $1.26 Billion |
| 2017 | 14.94% | 26.34% | 0.38x | 1.50x | $775.80 Million |
| 2018 | 23.99% | 35.39% | 0.42x | 1.61x | $2.73 Billion |
| 2019 | 15.82% | 28.89% | 0.36x | 1.53x | $1.19 Billion |
| 2020 | 11.66% | 18.44% | 0.37x | 1.71x | $327.30 Million |
| 2021 | 14.90% | 24.26% | 0.38x | 1.63x | $1.14 Billion |
| 2022 | 16.73% | 28.98% | 0.38x | 1.53x | $1.64 Billion |
| 2023 | 17.36% | 33.84% | 0.34x | 1.51x | $1.92 Billion |
| 2024 | 20.73% | 39.51% | 0.36x | 1.47x | $3.37 Billion |
| 2025 | 15.67% | 29.24% | 0.36x | 1.49x | $1.90 Billion |
Industry Comparison
This section compares SPARX Group Co. Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SPARX Group Co. Ltd (SRXXF) | $37.07 Billion | 12.99% | 0.44x | $140.83 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |