HKScan Oyj Series A
HKFoods Oyj operates as a food company in Finland and Poland. The company produces, sells, and markets pork, beef, poultry, meat products, and ready meals and meal components meals; and processed meats and convenience food under the HK, Kariniemen, Via, Boltsi, Tamminen, Kivikylä, and Rose brands to retail, food service, industry, and export sectors. It also exports its products internationally. … Read more
HKScan Oyj Series A (0ISM) - Net Assets
Latest net assets as of March 2024: €196.00 Million EUR
Based on the latest financial reports, HKScan Oyj Series A (0ISM) has net assets worth €196.00 Million EUR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€598.00 Million) and total liabilities (€402.00 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 | €196.00 Million |
| % of Total Assets | 32.78% |
| Annual Growth Rate | 2.16% |
| 5-Year Change | -34.76% |
| 10-Year Change | -52.36% |
| Growth Volatility | 15.07 |
HKScan Oyj Series A - Net Assets Trend (2002–2023)
This chart illustrates how HKScan Oyj Series A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HKScan Oyj Series A (2002–2023)
The table below shows the annual net assets of HKScan Oyj Series A from 2002 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €212.10 Million | -24.01% |
| 2022-12-31 | €279.10 Million | -15.53% |
| 2021-12-31 | €330.40 Million | +0.40% |
| 2020-12-31 | €329.10 Million | +1.23% |
| 2019-12-31 | €325.10 Million | -0.46% |
| 2018-12-31 | €326.60 Million | -6.95% |
| 2017-12-31 | €351.00 Million | -14.33% |
| 2016-12-31 | €409.70 Million | -3.78% |
| 2015-12-31 | €425.80 Million | -4.36% |
| 2014-12-31 | €445.20 Million | +8.85% |
| 2013-12-31 | €409.00 Million | -5.43% |
| 2012-12-31 | €432.50 Million | +2.61% |
| 2011-12-31 | €421.50 Million | -2.11% |
| 2010-12-31 | €430.60 Million | +8.00% |
| 2009-12-31 | €398.70 Million | +23.17% |
| 2008-12-31 | €323.70 Million | -2.35% |
| 2007-12-31 | €331.50 Million | +39.87% |
| 2006-12-31 | €237.00 Million | +3.09% |
| 2005-12-31 | €229.90 Million | +10.26% |
| 2004-12-31 | €208.50 Million | +35.59% |
| 2003-12-31 | €153.78 Million | +13.62% |
| 2002-12-31 | €135.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HKScan Oyj Series A'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 727.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €66.80 Million | 36.07% |
| Other Comprehensive Income | €210.20 Million | 113.50% |
| Other Components | €69.10 Million | 37.31% |
| Total Equity | €185.20 Million | 100.00% |
HKScan Oyj Series A Competitors by Market Cap
The table below lists competitors of HKScan Oyj Series A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Real Estate Investment Trust of New Jersey Inc
PINK:FREVS
|
$100.68 Million |
|
Ci&T Inc
NYSE:CINT
|
$100.68 Million |
|
NOVAREX Co.Ltd
KQ:194700
|
$100.69 Million |
|
Southern Score Builders Berhad
KLSE:0045
|
$100.69 Million |
|
Dinhvu Port Investment Development JSC
VN:DVP
|
$100.63 Million |
|
Kyeryong Const
KO:013580
|
$100.56 Million |
|
Ryvu Therapeutics SA
WAR:RVU
|
$100.54 Million |
|
Itafos Inc
PINK:MBCF
|
$100.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HKScan Oyj Series A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 254,500,000 to 185,200,000, a change of -69,300,000 (-27.2%).
- Net loss of 26,500,000 reduced equity.
- Dividend payments of 1,900,000 reduced retained earnings.
- Share repurchases of 2,100,000 reduced equity.
- Other comprehensive income decreased equity by 17,700,000.
- Other factors decreased equity by 21,100,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-26.50 Million | -14.31% |
| Dividends Paid | €1.90 Million | -1.03% |
| Share Repurchases | €2.10 Million | -1.13% |
| Other Comprehensive Income | €-17.70 Million | -9.56% |
| Other Changes | €-21.10 Million | -11.39% |
| Total Change | €- | -27.23% |
Book Value vs Market Value Analysis
This analysis compares HKScan Oyj Series A'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: 0.97x
- 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 0.34x to 0.97x 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 | €5.50 | €1.84 | x |
| 2003-12-31 | €5.44 | €1.84 | x |
| 2004-12-31 | €7.02 | €1.84 | x |
| 2005-12-31 | €6.04 | €1.84 | x |
| 2006-12-31 | €6.86 | €1.84 | x |
| 2007-12-31 | €8.36 | €1.84 | x |
| 2008-12-31 | €7.14 | €1.84 | x |
| 2009-12-31 | €8.66 | €1.84 | x |
| 2010-12-31 | €7.63 | €1.84 | x |
| 2011-12-31 | €7.45 | €1.84 | x |
| 2012-12-31 | €7.77 | €1.84 | x |
| 2013-12-31 | €7.41 | €1.84 | x |
| 2014-12-31 | €8.09 | €1.84 | x |
| 2015-12-31 | €7.63 | €1.84 | x |
| 2016-12-31 | €7.31 | €1.84 | x |
| 2017-12-31 | €6.23 | €1.84 | x |
| 2018-12-31 | €5.76 | €1.84 | x |
| 2019-12-31 | €3.85 | €1.84 | x |
| 2020-12-31 | €3.19 | €1.84 | x |
| 2021-12-31 | €3.18 | €1.84 | x |
| 2022-12-31 | €2.62 | €1.84 | x |
| 2023-12-31 | €1.90 | €1.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HKScan Oyj Series A 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): -14.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.28%
- • Asset Turnover: 1.37x
- • Equity Multiplier: 4.60x
- Recent ROE (-14.31%) is below the historical average (2.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 15.20% | 3.00% | 1.88x | 2.70x | €6.51 Million |
| 2003 | 10.12% | 2.38% | 1.72x | 2.48x | €189.30K |
| 2004 | 9.90% | 3.01% | 1.61x | 2.05x | €-196.50K |
| 2005 | 8.16% | 1.92% | 1.72x | 2.47x | €-3.83 Million |
| 2006 | 11.51% | 2.91% | 1.70x | 2.32x | €3.56 Million |
| 2007 | 8.46% | 1.32% | 1.87x | 3.44x | €-5.06 Million |
| 2008 | 2.39% | 0.33% | 2.09x | 3.44x | €-24.23 Million |
| 2009 | 8.35% | 1.53% | 1.98x | 2.76x | €-6.43 Million |
| 2010 | 7.34% | 1.46% | 1.67x | 3.03x | €-11.15 Million |
| 2011 | 2.98% | 0.49% | 1.99x | 3.06x | €-28.73 Million |
| 2012 | 3.56% | 0.59% | 2.04x | 2.95x | €-27.29 Million |
| 2013 | 2.18% | 0.35% | 2.15x | 2.89x | €-31.30 Million |
| 2014 | 12.99% | 2.85% | 2.30x | 1.98x | €13.05 Million |
| 2015 | 0.07% | 0.02% | 2.29x | 2.03x | €-40.90 Million |
| 2016 | -1.37% | -0.29% | 2.19x | 2.17x | €-44.88 Million |
| 2017 | -13.52% | -2.52% | 1.90x | 2.83x | €-79.16 Million |
| 2018 | -17.00% | -3.08% | 1.84x | 2.99x | €-84.02 Million |
| 2019 | -12.18% | -2.15% | 1.86x | 3.04x | €-68.29 Million |
| 2020 | 1.55% | 0.27% | 1.82x | 3.16x | €-26.08 Million |
| 2021 | -0.39% | -0.07% | 1.84x | 3.20x | €-32.03 Million |
| 2022 | -1.93% | -0.27% | 1.89x | 3.80x | €-30.35 Million |
| 2023 | -14.31% | -2.28% | 1.37x | 4.60x | €-45.02 Million |
Industry Comparison
This section compares HKScan Oyj Series A's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HKScan Oyj Series A (0ISM) | €196.00 Million | 15.20% | 2.05x | $100.63 Million |
| Nyfosa AB (0A0K) | $2.92 Billion | 39.50% | 2.88x | $973.31 Million |
| High Templar Tech Limited (0A2T) | $12.52 Billion | 4.70% | 0.13x | $255.82 Million |
| Strategy Inc (0A7O) | $51.04 Billion | -7.54% | 0.21x | $40.17 Billion |
| NACON SASU (0A9N) | $67.54 Million | 15.85% | 1.20x | $7.64 Million |
| Antin Infrastructure Partners (0AA5) | $23.79 Million | 108.98% | 1.09x | $573.10 Million |
| Truecaller AB Series B (0AA7) | $1.41 Billion | 18.30% | 0.20x | $281.60 Million |
| Brockhaus Technologies AG (0AAW) | $254.92 Million | -6.23% | 1.68x | $74.40 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $48.06 Million | -24.09% | 0.32x | $71.96 Million |
| Kalray S.A. (0ABT) | $28.43 Million | -41.56% | 0.67x | $33.84 Million |
| Webuild S.p.A. (0BJP) | $1.43 Billion | 10.29% | 7.14x | $1.13 Billion |