Hiab B (HIAB) - Net Assets

Latest as of December 2025: €1.01 Billion EUR ≈ $1.18 Billion USD

Based on the latest financial reports, Hiab B (HIAB) has net assets worth €1.01 Billion EUR (≈ $1.18 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 (€1.63 Billion ≈ $1.90 Billion USD) and total liabilities (€618.20 Million ≈ $722.74 Million 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 Hiab B liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€1.01 Billion
% of Total Assets	62.03%
Annual Growth Rate	0.75%
5-Year Change	-34.71%
10-Year Change	-27.71%
Growth Volatility	12.64

Hiab B - Net Assets Trend (2006–2025)

This chart illustrates how Hiab B's net assets have evolved over time, based on quarterly financial data. Also explore HIAB asset base for the complete picture of this company's asset base.

Annual Net Assets for Hiab B (2006–2025)

The table below shows the annual net assets of Hiab B from 2006 to 2025. For live valuation and market cap data, see Hiab B market cap and net worth.

Year	Net Assets	Change
2025-12-31	€1.01 Billion ≈ $1.18 Billion	-1.68%
2024-12-31	€1.03 Billion ≈ $1.20 Billion	-41.42%
2023-12-31	€1.75 Billion ≈ $2.05 Billion	+14.75%
2022-12-31	€1.53 Billion ≈ $1.79 Billion	-1.21%
2021-12-31	€1.55 Billion ≈ $1.81 Billion	+18.87%
2020-12-31	€1.30 Billion ≈ $1.52 Billion	-8.82%
2019-12-31	€1.43 Billion ≈ $1.67 Billion	-0.09%
2018-12-31	€1.43 Billion ≈ $1.67 Billion	+0.25%
2017-12-31	€1.43 Billion ≈ $1.67 Billion	+2.00%
2016-12-31	€1.40 Billion ≈ $1.63 Billion	+4.14%
2015-12-31	€1.34 Billion ≈ $1.57 Billion	+10.54%
2014-12-31	€1.21 Billion ≈ $1.42 Billion	-2.07%
2013-12-31	€1.24 Billion ≈ $1.45 Billion	+1.72%
2012-12-31	€1.22 Billion ≈ $1.42 Billion	+3.52%
2011-12-31	€1.18 Billion ≈ $1.38 Billion	+10.12%
2010-12-31	€1.07 Billion ≈ $1.25 Billion	+21.27%
2009-12-31	€881.50 Million ≈ $1.03 Billion	+0.92%
2008-12-31	€873.50 Million ≈ $1.02 Billion	-2.59%
2007-12-31	€896.70 Million ≈ $1.05 Billion	+2.27%
2006-12-31	€876.80 Million ≈ $1.03 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Hiab B'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 36.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€1.00 Billion	99.03%
Common Stock	€20.00 Million	1.98%
Total Equity	€1.01 Billion	100.00%

Hiab B Competitors by Market Cap

The table below lists competitors of Hiab B ranked by their market capitalization.

Company	Market Cap
Minmetals Capital Co Ltd SHG:600390	$3.22 Billion
First Financial Bancorp NASDAQ:FFBC	$3.22 Billion
Anand Rathi Wealth Limited NSE:ANANDRATHI	$3.22 Billion
DOF Group ASA OL:DOFG	$3.22 Billion
Steadfast Group Ltd AU:SDF	$3.22 Billion
Aspen Pharmacare Holdings Ltd JSE:APN	$3.22 Billion
ACERINOX ADR 1/2/EO-25 F:ACE	$3.22 Billion
Kiler Holding A.S. IS:KLRHO	$3.22 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hiab B's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,025,400,000 to 1,010,000,000, a change of -15,400,000 (-1.5%).
Net income of 164,000,000 contributed positively to equity growth.
Dividend payments of 178,400,000 reduced retained earnings.
Other comprehensive income decreased equity by 2,900,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€164.00 Million	+16.24%
Dividends Paid	€178.40 Million	-17.66%
Other Comprehensive Income	€-2.90 Million	-0.29%
Other Changes	€1.90 Million	+0.19%
Total Change	€-	-1.50%

Book Value vs Market Value Analysis

This analysis compares Hiab B'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: 3.35x
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 3.88x to 3.35x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	€13.57	€52.65	x
2007-12-31	€14.09	€52.65	x
2008-12-31	€13.80	€52.65	x
2009-12-31	€14.20	€52.65	x
2010-12-31	€17.37	€52.65	x
2011-12-31	€19.11	€52.65	x
2012-12-31	€19.79	€52.65	x
2013-12-31	€20.02	€52.65	x
2014-12-31	€18.75	€52.65	x
2015-12-31	€20.73	€52.65	x
2016-12-31	€21.54	€52.65	x
2017-12-31	€21.98	€52.65	x
2018-12-31	€22.04	€52.65	x
2019-12-31	€22.09	€52.65	x
2020-12-31	€20.13	€52.65	x
2021-12-31	€23.92	€52.65	x
2022-12-31	€23.62	€52.65	x
2023-12-31	€27.10	€52.65	x
2024-12-31	€15.91	€52.65	x
2025-12-31	€15.70	€52.65	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hiab B 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): 16.24%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 10.54%
• Asset Turnover: 0.96x
• Equity Multiplier: 1.61x
Recent ROE (16.24%) is above the historical average (14.39%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	18.87%	6.31%	1.31x	2.29x	€77.02 Million
2007	15.33%	4.52%	1.17x	2.90x	€47.44 Million
2008	14.12%	3.55%	1.12x	3.55x	€35.27 Million
2009	0.82%	0.28%	0.96x	3.09x	€-79.99 Million
2010	7.32%	3.03%	0.88x	2.74x	€-28.53 Million
2011	12.67%	4.73%	1.01x	2.66x	€31.28 Million
2012	7.34%	2.68%	1.01x	2.72x	€-32.35 Million
2013	4.44%	1.72%	0.95x	2.70x	€-68.53 Million
2014	5.91%	2.13%	0.92x	3.02x	€-49.48 Million
2015	10.68%	3.83%	1.04x	2.67x	€9.07 Million
2016	9.03%	3.59%	0.94x	2.68x	€-13.50 Million
2017	9.31%	4.07%	0.91x	2.51x	€-9.88 Million
2018	7.51%	3.24%	0.90x	2.58x	€-35.56 Million
2019	6.28%	2.43%	0.87x	2.97x	€-53.05 Million
2020	0.62%	0.25%	0.84x	2.99x	€-121.77 Million
2021	15.96%	7.44%	0.82x	2.61x	€92.07 Million
2022	1.56%	0.58%	0.98x	2.74x	€-128.86 Million
2023	19.80%	19.42%	0.41x	2.50x	€171.67 Million
2024	104.03%	64.75%	0.67x	2.39x	€964.16 Million
2025	16.24%	10.54%	0.96x	1.61x	€63.00 Million

Industry Comparison

This section compares Hiab B's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.

Industry Context

Industry: Farm & Heavy Construction Machinery
Average net assets among peers: $535,164,667
Average return on equity (ROE) among peers: 3.77%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hiab B (HIAB)	€1.01 Billion	18.87%	0.61x	$3.22 Billion
Cargotec Oyj (CGCBV)	$1.43 Billion	6.26%	1.96x	$2.68 Billion
Konecranes Plc (KCR)	$1.28 Billion	17.64%	1.78x	$2.60 Billion
Kesla Oyj A (KELAS)	$10.55 Million	-15.81%	1.44x	$8.97 Million
Metso Oyj (METSO)	$379.20 Million	7.20%	2.91x	$11.39 Billion
Ponsse Oyj 1 (PON1V)	$67.55 Million	13.47%	1.75x	$725.08 Million
Robit Oyj (ROBIT)	$46.99 Million	-6.16%	1.20x	$23.38 Million

About Hiab B

HE:HIAB Finland Farm & Heavy Construction Machinery

Market Cap

$3.38 Billion

€2.90 Billion EUR

Market Cap Rank

#4818 Global

#16 in Finland

Share Price

€52.65

Change (1 day)

+2.23%

52-Week Range

€40.44 - €60.15

All Time High

€60.15