Siili Solutions Oyj (SIILI) - Net Assets
Based on the latest financial reports, Siili Solutions Oyj (SIILI) has net assets worth €38.60 Million EUR (≈ $45.13 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 (€76.64 Million ≈ $89.60 Million USD) and total liabilities (€38.04 Million ≈ $44.47 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 SIILI asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of Siili Solutions Oyj for the complete picture of this company's asset base.
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. For live valuation and market cap data, see SIILI market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €41.59 Million ≈ $48.63 Million |
-1.17% |
| 2023-12-31 | €42.08 Million ≈ $49.20 Million |
+4.37% |
| 2022-12-31 | €40.32 Million ≈ $47.14 Million |
+62.15% |
| 2021-12-31 | €24.87 Million ≈ $29.07 Million |
+15.25% |
| 2020-12-31 | €21.57 Million ≈ $25.22 Million |
+4.93% |
| 2019-12-31 | €20.56 Million ≈ $24.04 Million |
+4.66% |
| 2018-12-31 | €19.65 Million ≈ $22.97 Million |
-5.52% |
| 2017-12-31 | €20.80 Million ≈ $24.31 Million |
+15.49% |
| 2016-12-31 | €18.01 Million ≈ $21.05 Million |
+58.74% |
| 2015-12-31 | €11.34 Million ≈ $13.26 Million |
+22.55% |
| 2014-12-31 | €9.26 Million ≈ $10.82 Million |
+101.22% |
| 2013-12-31 | €4.60 Million ≈ $5.38 Million |
+62.03% |
| 2012-12-31 | €2.84 Million ≈ $3.32 Million |
+117.66% |
| 2011-12-31 | €1.30 Million ≈ $1.52 Million |
+6.17% |
| 2010-12-31 | €1.23 Million ≈ $1.44 Million |
+83.29% |
| 2009-12-31 | €670.27K ≈ $783.62K |
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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.
| Company | Market Cap |
|---|---|
|
PNC Technologies co. Ltd
KQ:237750
|
$27.21 Million |
|
Biocartis Group NV
BR:BCART
|
$27.24 Million |
|
Mount Ridley Mines Ltd
AU:MRD
|
$27.24 Million |
|
WI Co. Ltd.
KQ:073570
|
$27.24 Million |
|
4C Group AB
ST:4C
|
$27.19 Million |
|
Synel M.L.L Payway Ltd
TA:SNEL
|
$27.17 Million |
|
IL&FS Investment Managers Limited
NSE:IVC
|
$27.17 Million |
|
Nasus Pharma Ltd.
NYSE MKT:NSRX
|
$27.17 Million |
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: 0.56x
- 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 18.17x to 0.56x 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 | €2.87 | x |
| 2010-12-31 | €0.29 | €2.87 | x |
| 2011-12-31 | €0.31 | €2.87 | x |
| 2012-12-31 | €0.67 | €2.87 | x |
| 2013-12-31 | €0.93 | €2.87 | x |
| 2014-12-31 | €1.73 | €2.87 | x |
| 2015-12-31 | €1.89 | €2.87 | x |
| 2016-12-31 | €2.72 | €2.87 | x |
| 2017-12-31 | €2.99 | €2.87 | x |
| 2018-12-31 | €2.81 | €2.87 | x |
| 2019-12-31 | €2.94 | €2.87 | x |
| 2020-12-31 | €3.08 | €2.87 | x |
| 2021-12-31 | €3.54 | €2.87 | x |
| 2022-12-31 | €5.27 | €2.87 | x |
| 2023-12-31 | €5.19 | €2.87 | x |
| 2024-12-31 | €5.13 | €2.87 | 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: $125,267,309
- Average return on equity (ROE) among peers: 11.54%
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 | $27.21 Million |
| Digia Oyj (DIGIA) | $11.43 Million | 12.44% | 0.41x | $161.23 Million |
| Gofore Oyj (GOFORE) | $17.81 Million | 18.63% | 0.64x | $181.01 Million |
| Solteq PLC (SOLTEQ) | $9.71 Million | 1.27% | 1.09x | $6.55 Million |
| TietoEVRY Corp (TIETO) | $462.11 Million | 13.83% | 0.83x | $2.11 Billion |
About Siili Solutions Oyj
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