SFOODS
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.
SFOODS (SFOODS) - Net Assets
Latest net assets as of June 2025: €17.57 Million EUR
Based on the latest financial reports, SFOODS (SFOODS) 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 |
SFOODS - Net Assets Trend (2021–2024)
This chart illustrates how SFOODS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SFOODS (2021–2024)
The table below shows the annual net assets of SFOODS 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 SFOODS'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 |
|---|---|---|
| Common Stock | €80.00K | 0.35% |
| Other Components | €51.39 Million | 224.04% |
| Total Equity | €22.94 Million | 100.00% |
SFOODS Competitors by Market Cap
The table below lists competitors of SFOODS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pan Brothers Tbk
JK:PBRX
|
$27.48 Million |
|
LGL Group Inc
NYSE MKT:LGL
|
$27.48 Million |
|
P.A. Resources Bhd
KLSE:7225
|
$27.48 Million |
|
Theranexus SA
PA:ALTHX
|
$27.49 Million |
|
LivePerson Inc
NASDAQ:LPSN
|
$27.42 Million |
|
Hana Pharm Co Ltd
KO:293480
|
$27.42 Million |
|
Argo Group International Holdings Ltd
OTCQX:ARGHF
|
$27.41 Million |
|
Arrienda Rental Properties SOCIMI SA
MC:YARP
|
$27.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SFOODS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,121,610 to 22,940,099, a change of -2,181,511 (-8.7%).
- Net loss of 11,021,650 reduced equity.
- Share repurchases of 8,840,140 reduced equity.
- New share issuances of 8,840,143 increased equity.
- Other factors increased equity by 8,840,135.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-11.02 Million | -48.05% |
| Share Repurchases | €8.84 Million | -38.54% |
| Share Issuances | €8.84 Million | +38.54% |
| Other Changes | €8.84 Million | +38.54% |
| Total Change | €- | -8.68% |
Book Value vs Market Value Analysis
This analysis compares SFOODS'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: 4.76x
- 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 7.73x to 4.76x 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 | €4.44 | x |
| 2022-12-31 | €0.37 | €4.44 | x |
| 2023-12-31 | €1.02 | €4.44 | x |
| 2024-12-31 | €0.93 | €4.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SFOODS 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: -58876.34%
- • 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% | -180198.20% | 0.00x | 2.12x | €-11.50 Million |
| 2024 | -48.05% | -58876.34% | 0.00x | 2.04x | €-13.32 Million |
Industry Comparison
This section compares SFOODS's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $8,440,499
- Average return on equity (ROE) among peers: 16.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SFOODS (SFOODS) | €17.57 Million | -14.25% | 1.19x | $27.44 Million |
| Canatu Oyj A (CANATU) | $3.93 Million | 0.00% | 25.02x | $235.92 Million |
| Exel Composites Oyj (EXL1V) | $12.95 Million | 32.71% | 1.26x | $43.23 Million |