Tokyo Electron Ltd.
Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor production equipment in Japan, South Korea, Taiwan, China, North America, Europe, and internationally. The company provides coaters/developers, plasma etch systems, cleaning systems, deposition systems, test systems, 3D integration systems, SiC Epitaxial CVD systems, and gas cluster beam system… Read more
Tokyo Electron Ltd. (TOELF) - Net Assets
Latest net assets as of September 2025: $2.00 Trillion USD
Based on the latest financial reports, Tokyo Electron Ltd. (TOELF) has net assets worth $2.00 Trillion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.67 Trillion) and total liabilities ($662.38 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 | $2.00 Trillion |
| % of Total Assets | 75.16% |
| Annual Growth Rate | 10.97% |
| 5-Year Change | 81.07% |
| 10-Year Change | N/A |
| Growth Volatility | 46.71 |
Tokyo Electron Ltd. - Net Assets Trend (2014–2025)
This chart illustrates how Tokyo Electron 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 Tokyo Electron Ltd. (2014–2025)
The table below shows the annual net assets of Tokyo Electron Ltd. from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $1.86 Trillion | +5.40% |
| 2024-03-31 | $1.76 Trillion | +10.04% |
| 2023-03-31 | $1.60 Trillion | +18.74% |
| 2022-03-31 | $1.35 Trillion | +31.48% |
| 2021-03-31 | $1.02 Trillion | +23.49% |
| 2020-03-31 | $829.69 Billion | -6.58% |
| 2019-03-31 | $888.12 Billion | +15.11% |
| 2018-03-31 | $771.51 Billion | +19.43% |
| 2017-03-31 | $646.00 Billion | -- |
| 2016-03-31 | $0.00 | -- |
| 2015-03-31 | $5.34 Billion | -99.10% |
| 2014-03-31 | $590.61 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tokyo Electron 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 309.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.78 Trillion | 96.16% |
| Other Components | $71.33 Billion | 3.84% |
| Total Equity | $1.86 Trillion | 100.00% |
Tokyo Electron Ltd. Competitors by Market Cap
The table below lists competitors of Tokyo Electron Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Midea Group Co Ltd
SHE:000333
|
$52.26 Billion |
|
NEMCL
PINK:NEMCL
|
$52.26 Billion |
|
VINCI SA
PINK:VCISF
|
$52.29 Billion |
|
Nu Holdings Ltd
NYSE:NU
|
$52.30 Billion |
|
Fortinet Inc
NASDAQ:FTNT
|
$52.03 Billion |
|
Vistra Energy Corp
NYSE:VST
|
$51.93 Billion |
|
Vale S.A
MX:VALEN
|
$51.70 Billion |
|
L3Harris Technologies Inc
NYSE:LHX
|
$51.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tokyo Electron Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,760,178,000,000 to 1,855,206,000,000, a change of 95,028,000,000 (5.4%).
- Net income of 544,133,000,000 contributed positively to equity growth.
- Dividend payments of 236,276,000,000 reduced retained earnings.
- Share repurchases of 150,008,000,000 reduced equity.
- Other factors decreased equity by 62,821,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $544.13 Billion | +29.33% |
| Dividends Paid | $236.28 Billion | -12.74% |
| Share Repurchases | $150.01 Billion | -8.09% |
| Other Changes | $-62.82 Billion | -3.39% |
| Total Change | $- | 5.40% |
Book Value vs Market Value Analysis
This analysis compares Tokyo Electron 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-03-31 | $0.00 | $119.25 | x |
| 2017-03-31 | $3935.45 | $119.25 | x |
| 2018-03-31 | $4701.05 | $119.25 | x |
| 2019-03-31 | $5416.70 | $119.25 | x |
| 2020-03-31 | $5334.76 | $119.25 | x |
| 2021-03-31 | $6586.62 | $119.25 | x |
| 2022-03-31 | $8659.79 | $119.25 | x |
| 2023-03-31 | $3414.79 | $119.25 | x |
| 2024-03-31 | $3801.93 | $119.25 | x |
| 2025-03-31 | $4049.69 | $119.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tokyo Electron 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): 29.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.38%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.42x
- Recent ROE (29.33%) is above the historical average (19.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -3.35% | -3.17% | 0.74x | 1.43x | $-77.38 Billion |
| 2015 | 11.22% | 11.72% | 0.70x | 1.37x | $64.91 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $0.00 |
| 2017 | 17.84% | 14.41% | 0.84x | 1.48x | $50.64 Billion |
| 2018 | 26.49% | 18.07% | 0.94x | 1.57x | $127.22 Billion |
| 2019 | 27.95% | 19.42% | 1.02x | 1.42x | $159.42 Billion |
| 2020 | 22.32% | 16.43% | 0.88x | 1.54x | $102.24 Billion |
| 2021 | 23.71% | 17.36% | 0.98x | 1.39x | $140.48 Billion |
| 2022 | 32.45% | 21.81% | 1.06x | 1.41x | $302.37 Billion |
| 2023 | 29.48% | 21.35% | 0.96x | 1.45x | $311.63 Billion |
| 2024 | 20.68% | 19.88% | 0.75x | 1.40x | $187.95 Billion |
| 2025 | 29.33% | 22.38% | 0.93x | 1.42x | $358.61 Billion |
Industry Comparison
This section compares Tokyo Electron Ltd.'s net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $15,545,560,602
- Average return on equity (ROE) among peers: 11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tokyo Electron Ltd. (TOELF) | $2.00 Trillion | -3.35% | 0.33x | $52.22 Billion |
| Axcelis Technologies Inc (ACLS) | $205.57 Million | -8.55% | 0.37x | $2.62 Billion |
| Acm Research Inc (ACMR) | $2.48 Million | 41.49% | 16.89x | $2.51 Billion |
| Advantest Corporation (ADTTF) | $140.94 Billion | 9.19% | 0.94x | $27.29 Billion |
| Aehr Test Systems (AEHR) | $11.28 Million | -4.26% | 0.28x | $1.01 Billion |
| AEM Holdings Ltd. (AEMFF) | $211.43 Million | 46.16% | 0.59x | $164.30 Million |
| AIXTRON SE (AIXXF) | $910.07 Million | 9.37% | 0.14x | $996.24 Million |
| Applied Materials Inc (AMAT) | $254.40 Million | 20.24% | 0.71x | $278.50 Billion |
| Ambarella Inc (AMBA) | $561.41 Million | -20.86% | 0.23x | $2.14 Billion |
| Amkor Technology Inc (AMKR) | $4.00 Billion | 9.01% | 0.69x | $5.65 Billion |
| ASML Holding NV (ASMLF) | $8.37 Billion | 16.95% | 0.56x | $267.08 Billion |