KH Group Oyj (KHG) - Net Assets
Based on the latest financial reports, KH Group Oyj (KHG) has net assets worth €49.69 Million EUR (≈ $58.10 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€156.66 Million ≈ $183.15 Million USD) and total liabilities (€106.96 Million ≈ $125.05 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 KH Group Oyj (KHG) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €49.69 Million |
| % of Total Assets | 31.72% |
| Annual Growth Rate | 5.86% |
| 5-Year Change | -46.82% |
| 10-Year Change | 22.21% |
| Growth Volatility | 120.78 |
KH Group Oyj - Net Assets Trend (2000–2025)
This chart illustrates how KH Group Oyj's net assets have evolved over time, based on quarterly financial data. See KH Group Oyj (KHG) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for KH Group Oyj (2000–2025)
The table below shows the annual net assets of KH Group Oyj from 2000 to 2025. For live valuation and market cap data, see KH Group Oyj market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €49.70 Million ≈ $58.10 Million |
+1.22% |
| 2024-12-31 | €49.10 Million ≈ $57.40 Million |
-38.06% |
| 2023-12-31 | €79.27 Million ≈ $92.67 Million |
-6.90% |
| 2022-12-31 | €85.14 Million ≈ $99.54 Million |
-8.90% |
| 2021-12-31 | €93.46 Million ≈ $109.26 Million |
+20.91% |
| 2020-12-31 | €77.30 Million ≈ $90.37 Million |
-0.98% |
| 2019-12-31 | €78.06 Million ≈ $91.26 Million |
+16.53% |
| 2018-12-31 | €66.99 Million ≈ $78.32 Million |
+25.33% |
| 2017-12-31 | €53.45 Million ≈ $62.49 Million |
+31.43% |
| 2016-12-31 | €40.67 Million ≈ $47.55 Million |
-42.60% |
| 2015-12-31 | €70.85 Million ≈ $82.83 Million |
+3.15% |
| 2014-12-31 | €68.68 Million ≈ $80.30 Million |
-20.52% |
| 2013-12-31 | €86.42 Million ≈ $101.03 Million |
-3.68% |
| 2012-12-31 | €89.72 Million ≈ $104.89 Million |
+1.67% |
| 2011-12-31 | €88.24 Million ≈ $103.17 Million |
-45.11% |
| 2010-12-31 | €160.78 Million ≈ $187.96 Million |
+6.80% |
| 2009-12-31 | €150.53 Million ≈ $175.99 Million |
+2.95% |
| 2008-12-31 | €146.22 Million ≈ $170.95 Million |
+9.48% |
| 2007-12-31 | €133.57 Million ≈ $156.16 Million |
+4.84% |
| 2006-12-31 | €127.40 Million ≈ $148.94 Million |
-2.80% |
| 2005-12-31 | €131.06 Million ≈ $153.23 Million |
-21.81% |
| 2004-12-31 | €167.62 Million ≈ $195.96 Million |
+46.88% |
| 2003-12-31 | €114.12 Million ≈ $133.42 Million |
+10.08% |
| 2002-12-31 | €103.67 Million ≈ $121.20 Million |
+606.91% |
| 2001-12-31 | €14.66 Million ≈ $17.14 Million |
+22.60% |
| 2000-12-31 | €11.96 Million ≈ $13.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to KH Group 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 grown by 897.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €21.40 Million | 43.06% |
| Common Stock | €15.18 Million | 30.54% |
| Other Components | €13.12 Million | 26.40% |
| Total Equity | €49.70 Million | 100.00% |
KH Group Oyj Competitors by Market Cap
The table below lists competitors of KH Group Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Local Bounti Corp
NYSE:LOCL
|
$30.32 Million |
|
Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm AS
IS:FLAP
|
$30.32 Million |
|
Samwha Elec
KO:011230
|
$30.33 Million |
|
Fade Gida Yatirim Sanayi Ticaret As
IS:FADE
|
$30.33 Million |
|
Microlink Solutions Bhd
KLSE:0126
|
$30.29 Million |
|
PowerBank Corporation
NASDAQ:SUUN
|
$30.29 Million |
|
Kim Hin Industry Bhd
KLSE:5371
|
$30.28 Million |
|
Monks Investment Trust PLC
LSE:MNKS
|
$30.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KH Group Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 49,700,000 to 49,700,000, a change of 0 (0.0%).
- Net loss of 563,000 reduced equity.
- Other factors increased equity by 563,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-563.00K | -1.13% |
| Other Changes | €563.00K | +1.13% |
| Total Change | €- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares KH Group 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: 0.61x
- 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.
- The price-to-book ratio has increased from 0.31x to 0.61x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €1.71 | €0.52 | x |
| 2003-12-31 | €1.88 | €0.52 | x |
| 2004-12-31 | €1.94 | €0.52 | x |
| 2005-12-31 | €2.17 | €0.52 | x |
| 2006-12-31 | €2.14 | €0.52 | x |
| 2007-12-31 | €2.27 | €0.52 | x |
| 2008-12-31 | €2.49 | €0.52 | x |
| 2009-12-31 | €2.60 | €0.52 | x |
| 2010-12-31 | €2.78 | €0.52 | x |
| 2011-12-31 | €1.53 | €0.52 | x |
| 2012-12-31 | €1.55 | €0.52 | x |
| 2013-12-31 | €1.50 | €0.52 | x |
| 2014-12-31 | €1.19 | €0.52 | x |
| 2015-12-31 | €1.23 | €0.52 | x |
| 2016-12-31 | €0.70 | €0.52 | x |
| 2017-12-31 | €0.93 | €0.52 | x |
| 2018-12-31 | €1.16 | €0.52 | x |
| 2019-12-31 | €1.35 | €0.52 | x |
| 2020-12-31 | €1.33 | €0.52 | x |
| 2021-12-31 | €1.61 | €0.52 | x |
| 2022-12-31 | €1.46 | €0.52 | x |
| 2023-12-31 | €1.28 | €0.52 | x |
| 2024-12-31 | €0.86 | €0.52 | x |
| 2025-12-31 | €0.86 | €0.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KH Group 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): -1.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.28%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 3.15x
- Recent ROE (-1.13%) is below the historical average (6.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 22.58% | 7.13% | 1.87x | 1.70x | €1.85 Million |
| 2002 | 6.68% | 7.13% | 0.62x | 1.51x | €-3.44 Million |
| 2003 | 15.61% | 6.47% | 1.43x | 1.69x | €6.40 Million |
| 2004 | 15.49% | 5.81% | 1.53x | 1.74x | €6.46 Million |
| 2005 | 16.43% | 6.69% | 1.63x | 1.51x | €8.42 Million |
| 2006 | 6.46% | 3.41% | 1.39x | 1.36x | €-4.51 Million |
| 2007 | 10.58% | 6.29% | 1.24x | 1.36x | €777.20K |
| 2008 | 10.69% | 7.14% | 1.14x | 1.31x | €1.01 Million |
| 2009 | 9.52% | 7.27% | 0.98x | 1.33x | €-715.30K |
| 2010 | 6.76% | 4.96% | 0.88x | 1.55x | €-5.21 Million |
| 2011 | -3.51% | 0.00% | 0.00x | 2.36x | €-11.92 Million |
| 2012 | 5.23% | 184.80% | 0.03x | 1.04x | €-4.28 Million |
| 2013 | -0.03% | -1.33% | 0.02x | 1.04x | €-8.67 Million |
| 2014 | -2.04% | -63.26% | 0.03x | 1.08x | €-8.27 Million |
| 2015 | 11.20% | 216.96% | 0.05x | 1.07x | €847.32K |
| 2016 | 24.30% | 169.43% | 0.13x | 1.10x | €5.82 Million |
| 2017 | 23.92% | 473.97% | 0.03x | 1.48x | €7.44 Million |
| 2018 | 20.21% | 443.14% | 0.04x | 1.19x | €6.84 Million |
| 2019 | 16.41% | 103.23% | 0.15x | 1.04x | €5.00 Million |
| 2020 | 12.80% | 2541.90% | 0.00x | 1.08x | €2.16 Million |
| 2021 | 19.73% | 160.66% | 0.10x | 1.21x | €9.09 Million |
| 2022 | -9.67% | -11.42% | 0.66x | 1.28x | €-16.75 Million |
| 2023 | -13.98% | -8.36% | 0.36x | 4.66x | €-17.89 Million |
| 2024 | -49.50% | -12.64% | 0.72x | 5.46x | €-29.57 Million |
| 2025 | -1.13% | -0.28% | 1.30x | 3.15x | €-5.53 Million |
Industry Comparison
This section compares KH Group Oyj's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $76,271,000
- Average return on equity (ROE) among peers: 3.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KH Group Oyj (KHG) | €49.69 Million | 22.58% | 2.15x | $30.32 Million |
| Aspo Oyj (ASPO) | $76.27 Million | 3.71% | 0.85x | $214.01 Million |
About KH Group Oyj
KH Group Oyj, a conglomerate, engages in the supply and rental of construction and earth-moving equipment in Finland, Sweden, and internationally. The company operates through KH-Koneet and Nordic Rescue Group segments. It sells and rents a range of machinery, equipment, and services for needs related to earthworks, property maintenance, and material handling. The company also engages in the manu… Read more