Solid State Plc

LSE:SOLI UK Electronic Components
Market Cap
$1.11 Million
GBX9.13 Billion GBX
Market Cap Rank
#44797 Global
#821 in UK
Share Price
GBX161.00
Change (1 day)
+0.00%
52-Week Range
GBX137.50 - GBX208.00
All Time High
GBX289.44
Categories
Companies in UK Electronic Components Technology AI & Machine Learning
About

Solid State plc, together with its subsidiaries, designs, manufactures, distributes and supplies electronic equipment in the United Kingdom, rest of Europe, Asia, North America, and Internationally. The company operates through Components and Systems divisions. The Components division provides own brand manufactured and franchised components; and value-added services, including sourcing and obsol… Read more

Solid State Plc (SOLI) - Net Assets

Latest net assets as of September 2025: GBX62.24 Million GBX

Based on the latest financial reports, Solid State Plc (SOLI) has net assets worth GBX62.24 Million GBX as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX108.76 Million) and total liabilities (GBX46.52 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 GBX62.24 Million
% of Total Assets 57.23%
Annual Growth Rate 15.59%
5-Year Change 141.14%
10-Year Change 290.09%
Growth Volatility 26.27

Solid State Plc - Net Assets Trend (1994–2025)

This chart illustrates how Solid State Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Solid State Plc (1994–2025)

The table below shows the annual net assets of Solid State Plc from 1994 to 2025.

Year Net Assets Change
2025-03-31 GBX61.50 Million -4.83%
2024-03-31 GBX64.62 Million +11.50%
2023-03-31 GBX57.95 Million +114.04%
2022-03-31 GBX27.08 Million +6.17%
2021-03-31 GBX25.50 Million +13.20%
2020-03-31 GBX22.53 Million +13.19%
2019-03-31 GBX19.90 Million +10.45%
2018-03-31 GBX18.02 Million +8.28%
2017-03-31 GBX16.64 Million +5.57%
2016-03-31 GBX15.76 Million +27.23%
2015-03-31 GBX12.39 Million +19.06%
2014-03-31 GBX10.41 Million +65.69%
2013-03-31 GBX6.28 Million +23.01%
2012-03-31 GBX5.11 Million +29.63%
2011-03-31 GBX3.94 Million +23.29%
2010-03-31 GBX3.19 Million +7.76%
2009-03-31 GBX2.96 Million +14.04%
2008-03-31 GBX2.60 Million +7.17%
2007-03-31 GBX2.43 Million +20.16%
2006-03-31 GBX2.02 Million -8.14%
2005-03-31 GBX2.20 Million +5.22%
2004-03-31 GBX2.09 Million +0.48%
2003-03-31 GBX2.08 Million +0.82%
2002-03-31 GBX2.06 Million -17.19%
2001-03-31 GBX2.49 Million +19.60%
2000-03-31 GBX2.08 Million +6.71%
1999-03-31 GBX1.95 Million +5.46%
1998-03-31 GBX1.85 Million +0.87%
1997-03-31 GBX1.83 Million +85.82%
1996-03-31 GBX987.00K +5.79%
1995-03-31 GBX933.00K +35.41%
1994-03-31 GBX689.00K --

Equity Component Analysis

This analysis shows how different components contribute to Solid State Plc'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 7137.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings GBX33.15 Million 53.90%
Common Stock GBX2.85 Million 4.64%
Other Comprehensive Income GBX-2.27 Million -3.69%
Other Components GBX27.76 Million 45.14%
Total Equity GBX61.50 Million 100.00%

Solid State Plc Competitors by Market Cap

The table below lists competitors of Solid State Plc ranked by their market capitalization.

Company Market Cap
BDLL3F
SA:BDLL3F
 		$11.05K
Southern Seed Corp
VN:SSC
 		$11.06K
Tufton Oceanic Assets Ltd
LSE:SHIP
 		$11.07K
Three Valley Copper Corp
PINK:TVCCF
 		$11.09K
NBEST Prime VIII Inmuebles Socimi SA
MC:YINB8
 		$11.04K
Hanoi Beer Trading JSC
VN:HAT
 		$11.04K
Yakkyo S.P.A.
F:IA4
 		$11.03K
Synairgen plc
PINK:SYGGF
 		$11.03K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Solid State Plc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 64,620,000 to 61,496,000, a change of -3,124,000 (-4.8%).
  • Net income of 512,000 contributed positively to equity growth.
  • Dividend payments of 2,119,000 reduced retained earnings.
  • Share repurchases of 501,000 reduced equity.
  • Other comprehensive income decreased equity by 688,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX512.00K +0.83%
Dividends Paid GBX2.12 Million -3.45%
Share Repurchases GBX501.00K -0.81%
Other Comprehensive Income GBX-688.00K -1.12%
Other Changes GBX-328.00K -0.53%
Total Change GBX- -4.83%

Book Value vs Market Value Analysis

This analysis compares Solid State Plc'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: 150.51x
  • 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 6937.72x to 150.51x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-03-31 GBX0.02 GBX161.00 x
1995-03-31 GBX0.03 GBX161.00 x
1996-03-31 GBX0.03 GBX161.00 x
1997-03-31 GBX0.06 GBX161.00 x
1998-03-31 GBX0.06 GBX161.00 x
1999-03-31 GBX0.06 GBX161.00 x
2000-03-31 GBX0.07 GBX161.00 x
2001-03-31 GBX0.08 GBX161.00 x
2002-03-31 GBX0.07 GBX161.00 x
2003-03-31 GBX0.07 GBX161.00 x
2004-03-31 GBX0.07 GBX161.00 x
2005-03-31 GBX0.07 GBX161.00 x
2006-03-31 GBX0.07 GBX161.00 x
2007-03-31 GBX0.08 GBX161.00 x
2008-03-31 GBX0.08 GBX161.00 x
2009-03-31 GBX0.10 GBX161.00 x
2010-03-31 GBX0.10 GBX161.00 x
2011-03-31 GBX0.12 GBX161.00 x
2012-03-31 GBX0.15 GBX161.00 x
2013-03-31 GBX0.18 GBX161.00 x
2014-03-31 GBX0.28 GBX161.00 x
2015-03-31 GBX0.29 GBX161.00 x
2016-03-31 GBX0.37 GBX161.00 x
2017-03-31 GBX0.39 GBX161.00 x
2018-03-31 GBX0.42 GBX161.00 x
2019-03-31 GBX0.46 GBX161.00 x
2020-03-31 GBX0.52 GBX161.00 x
2021-03-31 GBX0.59 GBX161.00 x
2022-03-31 GBX0.62 GBX161.00 x
2023-03-31 GBX1.09 GBX161.00 x
2024-03-31 GBX1.11 GBX161.00 x
2025-03-31 GBX1.07 GBX161.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Solid State Plc 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): 0.83%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.41%
  • • Asset Turnover: 1.20x
  • • Equity Multiplier: 1.70x
  • Recent ROE (0.83%) is below the historical average (15.61%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 17.27% 4.37% 1.56x 2.54x GBX50.10K
1995 39.66% 11.20% 1.56x 2.27x GBX276.70K
1996 31.21% 7.29% 1.58x 2.72x GBX209.30K
1997 13.36% 4.93% 1.62x 1.67x GBX61.60K
1998 4.27% 1.49% 1.53x 1.87x GBX-106.00K
1999 11.58% 3.70% 1.94x 1.61x GBX30.90K
2000 15.32% 5.04% 1.82x 1.67x GBX110.80K
2001 27.67% 7.52% 1.87x 1.96x GBX440.00K
2002 4.07% 1.40% 2.02x 1.43x GBX-122.20K
2003 11.30% 2.61% 2.01x 2.16x GBX27.10K
2004 9.43% 2.28% 1.87x 2.21x GBX-11.90K
2005 10.74% 2.49% 2.28x 1.89x GBX16.20K
2006 -2.18% -0.42% 2.04x 2.54x GBX-245.90K
2007 19.00% 3.73% 2.17x 2.35x GBX218.40K
2008 12.81% 3.11% 1.71x 2.41x GBX73.00K
2009 16.39% 3.88% 1.98x 2.13x GBX189.50K
2010 12.71% 3.01% 1.92x 2.20x GBX86.50K
2011 24.57% 4.57% 2.11x 2.55x GBX574.10K
2012 25.79% 5.09% 1.95x 2.60x GBX806.40K
2013 23.68% 4.72% 2.15x 2.33x GBX858.97K
2014 18.03% 5.85% 1.48x 2.09x GBX835.36K
2015 23.34% 7.91% 1.60x 1.84x GBX1.65 Million
2016 26.44% 9.45% 1.66x 1.69x GBX2.59 Million
2017 11.12% 4.63% 1.72x 1.39x GBX186.80K
2018 12.45% 4.85% 1.79x 1.44x GBX441.00K
2019 13.35% 4.72% 1.48x 1.92x GBX667.70K
2020 15.15% 5.06% 1.74x 1.72x GBX1.16 Million
2021 15.50% 5.96% 1.23x 2.12x GBX1.40 Million
2022 9.32% 2.97% 1.36x 2.30x GBX-184.60K
2023 11.56% 5.29% 1.11x 1.97x GBX902.30K
2024 13.73% 5.43% 1.44x 1.76x GBX2.41 Million
2025 0.83% 0.41% 1.20x 1.70x GBX-5.64 Million

Industry Comparison

This section compares Solid State Plc's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

  • Industry: Electronic Components
  • Average net assets among peers: $3,370,785,074
  • Average return on equity (ROE) among peers: -15.49%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Solid State Plc (SOLI) GBX62.24 Million 17.27% 0.75x $11.04K
CAP-XX Limited (CPX) $6.84 Million -72.17% 0.78x $1.59K
Discoverie Group PLC (DSCV) $72.50 Million 9.66% 1.31x $78.70K
Strix Group Plc (KETL) $23.41 Billion 1.50% 0.05x $9.95K
Light Science Technologies Holdings PLC (LST) $3.92 Million -55.28% 1.18x $1.85K
Raspberry Pi Holdings PLC (RPI) $89.08 Million 15.55% 0.38x $72.70K
Windar Photonics Plc (WPHO) $1.50 Million -24.79% 0.57x $5.98K
Zytronic (ZYT) $10.00 Million 17.07% 0.69x $546.48