Siili Solutions Oyj

HE:SIILI Finland Information Technology Services
Market Cap
$31.13 Million
€30.33 Million EUR
Market Cap Rank
#23971 Global
#88 in Finland
Share Price
€3.74
Change (1 day)
+0.27%
52-Week Range
€3.73 - €6.70
All Time High
€17.43
About

Siili Solutions Oyj provides information system development services in Finland and internationally. The company offers data and artificial intelligence; e-commerce and portals; cloud solutions; custom development; embedded solutions; intelligent automation; and design services, as well as integration implementations and services. It serves the banking, industrial, insurance, public, maritime, re… Read more

Siili Solutions Oyj (SIILI) - Net Assets

Latest net assets as of September 2025: €38.60 Million EUR

Based on the latest financial reports, Siili Solutions Oyj (SIILI) has net assets worth €38.60 Million EUR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€76.64 Million) and total liabilities (€38.04 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 €38.60 Million
% of Total Assets 50.37%
Annual Growth Rate 31.68%
5-Year Change 92.78%
10-Year Change 266.68%
Growth Volatility 39.16

Siili Solutions Oyj - Net Assets Trend (2009–2024)

This chart illustrates how Siili Solutions 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 Siili Solutions Oyj (2009–2024)

The table below shows the annual net assets of Siili Solutions Oyj from 2009 to 2024.

Year Net Assets Change
2024-12-31 €41.59 Million -1.17%
2023-12-31 €42.08 Million +4.37%
2022-12-31 €40.32 Million +62.15%
2021-12-31 €24.87 Million +15.25%
2020-12-31 €21.57 Million +4.93%
2019-12-31 €20.56 Million +4.66%
2018-12-31 €19.65 Million -5.52%
2017-12-31 €20.80 Million +15.49%
2016-12-31 €18.01 Million +58.74%
2015-12-31 €11.34 Million +22.55%
2014-12-31 €9.26 Million +101.22%
2013-12-31 €4.60 Million +62.03%
2012-12-31 €2.84 Million +117.66%
2011-12-31 €1.30 Million +6.17%
2010-12-31 €1.23 Million +83.29%
2009-12-31 €670.27K --

Equity Component Analysis

This analysis shows how different components contribute to Siili Solutions 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 6311.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €16.42 Million 39.49%
Common Stock €100.00K 0.24%
Other Comprehensive Income €25.53 Million 61.38%
Total Equity €41.59 Million 100.00%

Siili Solutions Oyj Competitors by Market Cap

The table below lists competitors of Siili Solutions Oyj ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 42,083,000 to 41,592,000, a change of -491,000 (-1.2%).
  • Net income of 3,449,000 contributed positively to equity growth.
  • Dividend payments of 2,109,000 reduced retained earnings.
  • Share repurchases of 17,000 reduced equity.
  • New share issuances of 17,000 increased equity.
  • Other comprehensive income decreased equity by 696,000.
  • Other factors decreased equity by 1,135,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €3.45 Million +8.29%
Dividends Paid €2.11 Million -5.07%
Share Repurchases €17.00K -0.04%
Share Issuances €17.00K +0.04%
Other Comprehensive Income €-696.00K -1.67%
Other Changes €-1.14 Million -2.73%
Total Change €- -1.17%

Book Value vs Market Value Analysis

This analysis compares Siili Solutions 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: 0.73x
  • 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 decreased from 23.68x to 0.73x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-12-31 €0.16 €3.74 x
2010-12-31 €0.29 €3.74 x
2011-12-31 €0.31 €3.74 x
2012-12-31 €0.67 €3.74 x
2013-12-31 €0.93 €3.74 x
2014-12-31 €1.73 €3.74 x
2015-12-31 €1.89 €3.74 x
2016-12-31 €2.72 €3.74 x
2017-12-31 €2.99 €3.74 x
2018-12-31 €2.81 €3.74 x
2019-12-31 €2.94 €3.74 x
2020-12-31 €3.08 €3.74 x
2021-12-31 €3.54 €3.74 x
2022-12-31 €5.27 €3.74 x
2023-12-31 €5.19 €3.74 x
2024-12-31 €5.13 €3.74 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Siili Solutions 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): 8.29%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.08%
  • • Asset Turnover: 1.32x
  • • Equity Multiplier: 2.03x
  • Recent ROE (8.29%) is below the historical average (22.18%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 22.00% 2.21% 3.49x 2.86x €80.41K
2010 42.68% 6.64% 2.16x 2.98x €401.43K
2011 77.60% 7.69% 2.66x 3.79x €881.68K
2012 26.77% 4.73% 2.65x 2.14x €476.16K
2013 22.65% 5.54% 2.21x 1.85x €581.99K
2014 13.73% 4.31% 1.50x 2.12x €345.56K
2015 21.68% 5.87% 1.76x 2.10x €1.32 Million
2016 17.66% 6.57% 1.58x 1.70x €1.38 Million
2017 19.09% 6.87% 1.71x 1.63x €1.89 Million
2018 8.04% 2.24% 1.44x 2.48x €-385.70K
2019 12.42% 3.17% 1.44x 2.72x €496.80K
2020 20.40% 5.28% 1.36x 2.84x €2.24 Million
2021 20.65% 5.17% 1.22x 3.28x €2.65 Million
2022 9.30% 3.17% 1.12x 2.63x €-284.10K
2023 11.85% 4.06% 1.22x 2.38x €777.70K
2024 8.29% 3.08% 1.32x 2.03x €-710.20K

Industry Comparison

This section compares Siili Solutions Oyj's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

  • Industry: Information Technology Services
  • Average net assets among peers: $116,050,100
  • Average return on equity (ROE) among peers: 13.69%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Siili Solutions Oyj (SIILI) €38.60 Million 22.00% 0.99x $27.72 Million
Digia Oyj (DIGIA) $72.08 Million 10.28% 1.13x $64.36 Million
Digital Workforce Services Oyj (DWF) $14.75 Million -4.72% 0.59x $15.14 Million
Gofore Oyj (GOFORE) $1.74 Million 62.80% 1.30x $73.86 Million
Solteq PLC (SOLTEQ) $20.48 Million -7.33% 2.00x $3.34 Million
TietoEVRY Corp (TIETO) $471.20 Million 7.43% 1.19x $1.88 Billion