SMA Solar Technology AG (S92) - Net Assets

Latest as of September 2025: €402.23 Million EUR ≈ $470.25 Million USD

Based on the latest financial reports, SMA Solar Technology AG (S92) has net assets worth €402.23 Million EUR (≈ $470.25 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.39 Billion ≈ $1.63 Billion USD) and total liabilities (€987.75 Million ≈ $1.15 Billion USD). 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. Check S92 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets €402.23 Million
% of Total Assets 28.94%
Annual Growth Rate -2.42%
5-Year Change 26.0%
10-Year Change -2.96%
Growth Volatility 20.14

SMA Solar Technology AG - Net Assets Trend (2013–2024)

This chart illustrates how SMA Solar Technology AG's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of SMA Solar Technology AG for the complete picture of this company's asset base.

Annual Net Assets for SMA Solar Technology AG (2013–2024)

The table below shows the annual net assets of SMA Solar Technology AG from 2013 to 2024. For live valuation and market cap data, see market cap of SMA Solar Technology AG.

Year Net Assets Change
2024-12-31 €553.32 Million
≈ $646.88 Million		 -19.36%
2023-12-31 €686.18 Million
≈ $802.22 Million		 +48.04%
2022-12-31 €463.52 Million
≈ $541.91 Million		 +12.94%
2021-12-31 €410.41 Million
≈ $479.81 Million		 -6.54%
2020-12-31 €439.15 Million
≈ $513.41 Million		 +5.34%
2019-12-31 €416.89 Million
≈ $487.39 Million		 -1.79%
2018-12-31 €424.48 Million
≈ $496.26 Million		 -30.59%
2017-12-31 €611.52 Million
≈ $714.93 Million		 +4.51%
2016-12-31 €585.11 Million
≈ $684.06 Million		 +2.61%
2015-12-31 €570.21 Million
≈ $666.63 Million		 +3.31%
2014-12-31 €551.96 Million
≈ $645.30 Million		 -23.81%
2013-12-31 €724.43 Million
≈ $846.93 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to SMA Solar Technology AG'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 30.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €399.42 Million 72.19%
Other Components €153.90 Million 27.81%
Total Equity €553.32 Million 100.00%

SMA Solar Technology AG Competitors by Market Cap

The table below lists competitors of SMA Solar Technology AG ranked by their market capitalization.

Company Market Cap
Platinum Asset Management Ltd
AU:PTM
 $1.10 Billion
Asana Inc
NYSE:ASAN
 $1.10 Billion
Max Stock Ltd
TA:MAXO
 $1.10 Billion
Hangzhou Pinming Software Co. Ltd. A
SHG:688109
 $1.10 Billion
The Karnataka Bank Limited
NSE:KTKBANK
 $1.10 Billion
Ho Chi Minh City Securities Corp
VN:HCM
 $1.10 Billion
Changzhou NRB Corp
SHE:002708
 $1.10 Billion
SY HOLDINGS GROUP HD-01
F:9U0
 $1.10 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in SMA Solar Technology AG's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 686,182,000 to 553,316,000, a change of -132,866,000 (-19.4%).
  • Net loss of 117,728,000 reduced equity.
  • Dividend payments of 17,350,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €-117.73 Million -21.28%
Dividends Paid €17.35 Million -3.14%
Other Changes €2.21 Million +0.4%
Total Change €- -19.36%

Book Value vs Market Value Analysis

This analysis compares SMA Solar Technology AG'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: 3.43x
  • 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 increased from 3.10x to 3.43x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 €17.62 €54.65 x
2018-12-31 €12.23 €54.65 x
2019-12-31 €12.01 €54.65 x
2020-12-31 €12.66 €54.65 x
2021-12-31 €11.83 €54.65 x
2022-12-31 €13.36 €54.65 x
2023-12-31 €19.77 €54.65 x
2024-12-31 €15.95 €54.65 x

Capital Efficiency Dashboard

This dashboard shows how efficiently SMA Solar Technology AG 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): -21.28%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -7.69%
  • • Asset Turnover: 0.99x
  • • Equity Multiplier: 2.79x
  • Recent ROE (-21.28%) is below the historical average (-4.01%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 -9.20% -7.14% 0.74x 1.74x €-139.04 Million
2014 -32.43% -22.23% 0.68x 2.14x €-234.22 Million
2015 2.51% 1.46% 0.85x 2.04x €-42.72 Million
2016 5.06% 3.13% 0.78x 2.07x €-28.91 Million
2017 4.93% 3.38% 0.73x 1.99x €-31.00 Million
2018 -41.34% -23.06% 0.77x 2.33x €-217.94 Million
2019 -2.07% -0.94% 0.83x 2.66x €-50.32 Million
2020 6.40% 2.74% 0.98x 2.39x €-15.82 Million
2021 -5.60% -2.34% 0.93x 2.56x €-64.04 Million
2022 12.04% 5.24% 0.96x 2.39x €9.46 Million
2023 32.89% 11.85% 1.17x 2.36x €157.05 Million
2024 -21.28% -7.69% 0.99x 2.79x €-173.06 Million

Industry Comparison

This section compares SMA Solar Technology AG's net assets metrics with peer companies in the Solar industry.

Industry Context

  • Industry: Solar
  • Average net assets among peers: $12,789,824,238
  • Average return on equity (ROE) among peers: -4.88%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
SMA Solar Technology AG (S92) €402.23 Million -9.20% 2.46x $1.10 Billion
Xinyi Solar Holdings Ltd (13X) $34.41 Billion 2.93% 0.65x $3.37 Billion
XINYI SOLAR UNSP.ADR/20 (13X0) $29.34 Billion 13.72% 0.37x $2.88 Billion
TECH INVEST GROUP ZY-02 (6N2) $5.65 Million -7.07% 2.00x $2.66 Million
FLAT GLASS GROUP H YC-25 (72T) $14.03 Billion 15.13% 1.31x $490.59 Million
COMTEC SOLAR SYS HD -004 (8C11) $-134.44 Million 0.00% 0.00x $10.53 Million
XINTE ENERGY CO. CL.H YC1 (9M7) $36.04 Billion 36.95% 1.20x $305.65 Million
7C Solarparken AG (HRPK) $32.39 Million 0.00% 0.76x $130.67 Million
Global PVQ SE (QCE) $882.70 Million 2.14% 1.47x $329.86K
Solartron Public Company Limited (TUUF) $502.17 Million -107.71% 2.83x $70.52

About SMA Solar Technology AG

F:S92 Germany Solar
Market Cap
$2.22 Billion
€1.90 Billion EUR
Market Cap Rank
#8706 Global
#1114 in Germany
Share Price
€54.65
Change (1 day)
+3.90%
52-Week Range
€15.91 - €54.65
All Time High
€109.94
Categories
Companies in Germany Solar
About

SMA Solar Technology AG, together with its subsidiaries, develops, produces, and sells PV and battery inverters, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. The company operates in three segments: Home Solutions, Commercial & Industrial Solutions, and Large Scale & Project Solutions. It offers solar and battery inverters, hybrid … Read more