Solar Foods Oyj
Solar Foods Oyj operates as a food production company in Finland. The company offers Solein, a natural protein for food industry. Solar Foods Oyj was incorporated in 2017 and is based in Vantaa, Finland.
Solar Foods Oyj (H4N) - Net Assets
Latest net assets as of June 2025: €17.57 Million EUR
Based on the latest financial reports, Solar Foods Oyj (H4N) has net assets worth €17.57 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€38.47 Million) and total liabilities (€20.90 Million). 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 | €17.57 Million |
| % of Total Assets | 45.66% |
| Annual Growth Rate | 17.63% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 95.79 |
Solar Foods Oyj - Net Assets Trend (2021–2024)
This chart illustrates how Solar Foods Oyj's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Solar Foods Oyj (2021–2024)
The table below shows the annual net assets of Solar Foods Oyj from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €22.94 Million | -8.68% |
| 2023-12-31 | €25.12 Million | +179.37% |
| 2022-12-31 | €8.99 Million | -36.20% |
| 2021-12-31 | €14.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Solar Foods Oyj'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 decreased by 2511554296.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €51.47 Million | 224.39% |
| Total Equity | €22.94 Million | 100.00% |
Solar Foods Oyj Competitors by Market Cap
The table below lists competitors of Solar Foods Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CSAM HEALTH GROUP NK 10
F:6Q1
|
$26.98 Million |
|
Viking Supply Ships AB (publ)
ST:VSSAB-B
|
$26.99 Million |
|
YES24 Co.Ltd
KQ:053280
|
$27.00 Million |
|
DAEMO Engineering Co. Ltd
KQ:317850
|
$27.00 Million |
|
Duckshin Housing Co. Ltd
KQ:090410
|
$26.98 Million |
|
Kutahya Porselen Sanayi AS
IS:KUTPO
|
$26.97 Million |
|
Meyer Burger Technology AG
PINK:MYRBY
|
$26.94 Million |
|
E&E Recycling
TWO:8440
|
$26.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solar Foods Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,121,605 to 22,940,099, a change of -2,181,506 (-8.7%).
- Net loss of 11,021,650 reduced equity.
- New share issuances of 8,840,143 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-11.02 Million | -48.05% |
| Share Issuances | €8.84 Million | +38.54% |
| Total Change | €- | -8.68% |
Book Value vs Market Value Analysis
This analysis compares Solar Foods Oyj'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: 4.68x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7.60x to 4.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.57 | €4.36 | x |
| 2022-12-31 | €0.37 | €4.36 | x |
| 2023-12-31 | €1.02 | €4.36 | x |
| 2024-12-31 | €0.93 | €4.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solar Foods Oyj 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): -48.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -58863.98%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.04x
- Recent ROE (-48.05%) is below the historical average (-39.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -14.25% | 0.00% | 0.00x | 2.13x | €-3.42 Million |
| 2022 | -60.08% | 0.00% | 0.00x | 3.82x | €-6.30 Million |
| 2023 | -35.79% | -180307.67% | 0.00x | 2.12x | €-11.50 Million |
| 2024 | -48.05% | -58863.98% | 0.00x | 2.04x | €-13.32 Million |
Industry Comparison
This section compares Solar Foods Oyj's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $18,803,803,535
- Average return on equity (ROE) among peers: -24.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solar Foods Oyj (H4N) | €17.57 Million | -14.25% | 1.19x | $26.98 Million |
| Kureha Corporation (0K1) | $162.17 Billion | 8.59% | 0.53x | $845.56 Million |
| Polwax S.A (1LW) | $54.23 Million | -71.97% | 1.06x | $3.33 Million |
| H&R GmbH & Co. KGaA (2HRA) | $287.13 Million | 9.37% | 1.19x | $34.48 Million |
| Renaissance Oil Corp (2R7) | $2.68 Billion | 6.64% | 1.08x | $1.31 Billion |
| Global New Material International Holdings Limited (69Y) | $4.35 Billion | 5.56% | 0.62x | $625.83 Million |
| Altech Chemicals Ltd (A3Y) | $33.88 Million | -176.29% | 0.32x | $18.88 Million |
| Beijing Media Corporation Limited (BME) | $1.20 Billion | -7.10% | 0.16x | $1.77 Million |
| BRAIN Biotech AG (BNN) | $17.59 Million | -23.28% | 0.43x | $40.42 Million |
| Brenntag SE (BNR) | $2.69 Billion | 13.57% | 1.59x | $5.87 Billion |
| Huabao International Holdings Limited (CEY) | $14.56 Billion | -7.24% | 0.14x | $1.44 Billion |