Taiheiyo Cement Corp
Taiheiyo Cement Corporation engages in the cement, mineral resources, environmental, construction materials, and other businesses in Japan and internationally. The company's Cement segment offers ordinary portland cement, specialty cement, soil stabilizers, and ready-mixed concrete. Its Mineral Resources segment sells limestone aggregate products comprising course and fine aggregate used in ready… Read more
Taiheiyo Cement Corp (THYCY) - Net Assets
Latest net assets as of June 2025: $659.24 Billion USD
Based on the latest financial reports, Taiheiyo Cement Corp (THYCY) has net assets worth $659.24 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.41 Trillion) and total liabilities ($754.73 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 | $659.24 Billion |
| % of Total Assets | 46.62% |
| Annual Growth Rate | 4.83% |
| 5-Year Change | 33.4% |
| 10-Year Change | 89.35% |
| Growth Volatility | 12.98 |
Taiheiyo Cement Corp - Net Assets Trend (2004–2025)
This chart illustrates how Taiheiyo Cement Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Taiheiyo Cement Corp (2004–2025)
The table below shows the annual net assets of Taiheiyo Cement Corp from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $676.12 Billion | +13.37% |
| 2024-03-31 | $596.38 Billion | +12.77% |
| 2023-03-31 | $528.86 Billion | -2.93% |
| 2022-03-31 | $544.80 Billion | +7.49% |
| 2021-03-31 | $506.83 Billion | +7.10% |
| 2020-03-31 | $473.25 Billion | +5.01% |
| 2019-03-31 | $450.65 Billion | +4.24% |
| 2018-03-31 | $432.33 Billion | +8.07% |
| 2017-03-31 | $400.04 Billion | +12.03% |
| 2016-03-31 | $357.07 Billion | +2.76% |
| 2015-03-31 | $347.49 Billion | +27.14% |
| 2014-03-31 | $273.31 Billion | +24.33% |
| 2013-03-31 | $219.82 Billion | +12.07% |
| 2012-03-31 | $196.14 Billion | +17.58% |
| 2011-03-31 | $166.82 Billion | -11.36% |
| 2010-03-31 | $188.19 Billion | -14.48% |
| 2009-03-31 | $220.04 Billion | -32.83% |
| 2008-03-31 | $327.59 Billion | -0.62% |
| 2007-03-31 | $329.64 Billion | +8.02% |
| 2006-03-31 | $305.15 Billion | +14.46% |
| 2005-03-31 | $266.60 Billion | +6.10% |
| 2004-03-31 | $251.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taiheiyo Cement Corp'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 370.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $417.46 Billion | 65.06% |
| Common Stock | $86.17 Billion | 13.43% |
| Other Components | $138.03 Billion | 21.51% |
| Total Equity | $641.67 Billion | 100.00% |
Taiheiyo Cement Corp Competitors by Market Cap
The table below lists competitors of Taiheiyo Cement Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Toyo Ink SC Holdings Co. Ltd
F:TO5
|
$668.39 Million |
|
Shenzhen Das Intellitech Co Ltd
SHE:002421
|
$668.47 Million |
|
Jiangsu LiXing General Steel Ball Co Ltd
SHE:300421
|
$668.60 Million |
|
Accelerant Holdings
NYSE:ARX
|
$668.60 Million |
|
HOB Biotech Group Corp Ltd
SHG:688656
|
$667.97 Million |
|
NB Bancorp, Inc. Common Stock
NASDAQ:NBBK
|
$667.93 Million |
|
Youcare Pharmaceutical Group Co. Ltd. A
SHG:688658
|
$667.79 Million |
|
Investors Real Estate Trust
F:WXC1
|
$667.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taiheiyo Cement Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 563,210,000,000 to 641,669,000,000, a change of 78,459,000,000 (13.9%).
- Net income of 57,428,000,000 contributed positively to equity growth.
- Dividend payments of 8,677,000,000 reduced retained earnings.
- Share repurchases of 15,177,000,000 reduced equity.
- Other comprehensive income decreased equity by 65,802,000,000.
- Other factors increased equity by 110,687,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $57.43 Billion | +8.95% |
| Dividends Paid | $8.68 Billion | -1.35% |
| Share Repurchases | $15.18 Billion | -2.37% |
| Other Comprehensive Income | $-65.80 Billion | -10.25% |
| Other Changes | $110.69 Billion | +17.25% |
| Total Change | $- | 13.93% |
Book Value vs Market Value Analysis
This analysis compares Taiheiyo Cement Corp'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: 0.00x
- 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 |
|---|---|---|---|
| 2004-03-31 | $146.77 | $6.00 | x |
| 2005-03-31 | $151.94 | $6.00 | x |
| 2006-03-31 | $171.86 | $6.00 | x |
| 2007-03-31 | $189.06 | $6.00 | x |
| 2008-03-31 | $178.92 | $6.00 | x |
| 2009-03-31 | $122.37 | $6.00 | x |
| 2010-03-31 | $102.10 | $6.00 | x |
| 2011-03-31 | $92.90 | $6.00 | x |
| 2012-03-31 | $96.76 | $6.00 | x |
| 2013-03-31 | $97.40 | $6.00 | x |
| 2014-03-31 | $122.24 | $6.00 | x |
| 2015-03-31 | $615.78 | $6.00 | x |
| 2016-03-31 | $647.67 | $6.00 | x |
| 2017-03-31 | $729.60 | $6.00 | x |
| 2018-03-31 | $798.73 | $6.00 | x |
| 2019-03-31 | $839.22 | $6.00 | x |
| 2020-03-31 | $891.98 | $6.00 | x |
| 2021-03-31 | $975.52 | $6.00 | x |
| 2022-03-31 | $1083.05 | $6.00 | x |
| 2023-03-31 | $1057.11 | $6.00 | x |
| 2024-03-31 | $1207.47 | $6.00 | x |
| 2025-03-31 | $1403.61 | $6.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taiheiyo Cement Corp 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): 8.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.41%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 2.22x
- Recent ROE (8.95%) is above the historical average (5.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 7.43% | 1.88% | 0.67x | 5.87x | $-5.70 Billion |
| 2005 | 6.09% | 1.65% | 0.70x | 5.27x | $-9.26 Billion |
| 2006 | 3.38% | 1.00% | 0.71x | 4.75x | $-17.84 Billion |
| 2007 | 8.33% | 2.59% | 0.75x | 4.29x | $-4.89 Billion |
| 2008 | 7.07% | 2.21% | 0.76x | 4.20x | $-8.50 Billion |
| 2009 | -19.25% | -4.06% | 0.75x | 6.30x | $-53.75 Billion |
| 2010 | -24.18% | -5.08% | 0.63x | 7.54x | $-52.36 Billion |
| 2011 | 3.17% | 0.61% | 0.73x | 7.11x | $-9.59 Billion |
| 2012 | 4.63% | 1.08% | 0.74x | 5.79x | $-9.12 Billion |
| 2013 | 5.92% | 1.52% | 0.76x | 5.13x | $-7.81 Billion |
| 2014 | 14.66% | 4.19% | 0.83x | 4.23x | $11.20 Billion |
| 2015 | 14.58% | 5.23% | 0.81x | 3.44x | $13.85 Billion |
| 2016 | 11.44% | 4.36% | 0.82x | 3.19x | $4.58 Billion |
| 2017 | 13.15% | 5.96% | 0.79x | 2.81x | $11.42 Billion |
| 2018 | 9.75% | 4.42% | 0.85x | 2.58x | $-1.00 Billion |
| 2019 | 10.48% | 4.74% | 0.89x | 2.49x | $1.98 Billion |
| 2020 | 8.97% | 4.43% | 0.86x | 2.37x | $-4.52 Billion |
| 2021 | 9.94% | 5.42% | 0.83x | 2.22x | $-292.20 Million |
| 2022 | 5.67% | 4.09% | 0.64x | 2.16x | $-22.09 Billion |
| 2023 | -6.71% | -4.10% | 0.64x | 2.56x | $-82.70 Billion |
| 2024 | 7.68% | 4.88% | 0.66x | 2.38x | $-13.05 Billion |
| 2025 | 8.95% | 6.41% | 0.63x | 2.22x | $-6.74 Billion |
Industry Comparison
This section compares Taiheiyo Cement Corp's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $78,983,864,921
- Average return on equity (ROE) among peers: -918.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taiheiyo Cement Corp (THYCY) | $659.24 Billion | 7.43% | 1.14x | $668.21 Million |
| Anhui Conch Cement Co Ltd (AHCHY) | $6.85 Billion | 5.94% | 1.81x | $19.28 Billion |
| Amrize Ltd (AMRZ) | $8.21 Billion | 13.50% | 1.52x | $27.46 Billion |
| Basanite Inc (BASA) | $181.76K | -9065.80% | 27.67x | $7.57 Million |
| PT Berkah Beton Sadaya Tbk (BHBSY) | $771.79 Billion | 15.93% | 0.06x | $360.00 Million |
| BRDNF (BRDNF) | $1.11 Billion | 9.50% | 0.69x | $1.54 Billion |
| Brickworks Limited (BRKWF) | $1.84 Billion | 4.25% | 0.37x | $1.23 Billion |
| Capstone Holding Corp. Common Stock (CAPS) | $-879.00K | 0.00% | 0.00x | $3.74 Million |
| Capstone Therapeutics Corp (CAPS) | $3.10 Million | -134.29% | 0.09x | $80.00K |
| Captivision Inc. (CAPT) | $-12.26 Million | 0.00% | 0.00x | $11.82 Million |
| China GengSheng Minerals Inc (CHGS) | $40.48 Million | -33.45% | 3.01x | $0.97 |