Soltec Power Holdings S.A
Soltec Power Holdings, S.A. engages in the development of solutions for photovoltaic energy projects in Spain and internationally. The company offers products, including SFOne, a single-axis solar tracker; Agrovoltaic; and the SF7 bifacial two-in-portrait vertical tracker. It also constructs and manages solar plants; and supplies and installs engineering solutions. The company was founded in 2004… Read more
Soltec Power Holdings S.A (SOL) - Net Assets
Latest net assets as of June 2025: €-91.92 Million EUR
Based on the latest financial reports, Soltec Power Holdings S.A (SOL) has net assets worth €-91.92 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 (€404.17 Million) and total liabilities (€496.10 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 | €-91.92 Million |
| % of Total Assets | -22.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | -154.5% |
| 10-Year Change | N/A |
| Growth Volatility | 298.24 |
Soltec Power Holdings S.A - Net Assets Trend (2019–2024)
This chart illustrates how Soltec Power Holdings S.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 Soltec Power Holdings S.A (2019–2024)
The table below shows the annual net assets of Soltec Power Holdings S.A from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €-77.64 Million | -153.97% |
| 2023-12-31 | €143.85 Million | -11.57% |
| 2022-12-31 | €162.67 Million | +10.67% |
| 2021-12-31 | €146.98 Million | +3.17% |
| 2020-12-31 | €142.46 Million | +692.24% |
| 2019-12-31 | €17.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Soltec Power Holdings S.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 15480.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €22.85 Million | % |
| Other Components | €105.39 Million | % |
| Total Equity | €-77.56 Million | 100.00% |
Soltec Power Holdings S.A Competitors by Market Cap
The table below lists competitors of Soltec Power Holdings S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suratwwala Business Group Limited
NSE:SBGLP
|
$9.00 Million |
|
Greystone Logistics
OTCQB:GLGI
|
$9.00 Million |
|
KENEDIX OFFICE INV. CORP.
F:K9R
|
$9.00 Million |
|
Sikko Industries Limited
NSE:SIKKO
|
$9.00 Million |
|
SPENN Technology A/S
PINK:SPNNF
|
$8.99 Million |
|
Nortech Systems Incorporated
NASDAQ:NSYS
|
$8.99 Million |
|
Ennogie Solar Group A/S
CO:ESG
|
$8.99 Million |
|
Loyal Lithium Ltd.
AU:LLI
|
$8.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Soltec Power Holdings S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 143,933,000 to -77,556,000, a change of -221,489,000 (-153.9%).
- Net loss of 205,793,000 reduced equity.
- Share repurchases of 278,000 reduced equity.
- New share issuances of 462,000 increased equity.
- Other comprehensive income decreased equity by 7,923,000.
- Other factors decreased equity by 7,957,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-205.79 Million | -265.35% |
| Share Repurchases | €278.00K | -0.36% |
| Share Issuances | €462.00K | +0.6% |
| Other Comprehensive Income | €-7.92 Million | -10.22% |
| Other Changes | €-7.96 Million | -10.26% |
| Total Change | €- | -153.88% |
Book Value vs Market Value Analysis
This analysis compares Soltec Power Holdings S.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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | €1.19 | €1.30 | x |
| 2020-12-31 | €2.17 | €1.30 | x |
| 2021-12-31 | €1.62 | €1.30 | x |
| 2022-12-31 | €1.79 | €1.30 | x |
| 2023-12-31 | €1.58 | €1.30 | x |
| 2024-12-31 | €-0.85 | €1.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Soltec Power Holdings S.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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -63.06%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-0.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 7.44% | 0.37% | 1.42x | 13.97x | €-460.10K |
| 2020 | -3.46% | -2.09% | 0.76x | 2.19x | €-19.17 Million |
| 2021 | -0.79% | -0.34% | 0.73x | 3.24x | €-15.87 Million |
| 2022 | 8.04% | 2.30% | 1.02x | 3.42x | €-3.18 Million |
| 2023 | -16.24% | -5.74% | 0.55x | 5.10x | €-37.77 Million |
| 2024 | 0.00% | -63.06% | 0.70x | 0.00x | €-198.04 Million |
Industry Comparison
This section compares Soltec Power Holdings S.A's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $559,775
- Average return on equity (ROE) among peers: 51.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Soltec Power Holdings S.A (SOL) | €-91.92 Million | 7.44% | N/A | $9.00 Million |
| Profithol S.A. (SPH) | $559.77K | 51.82% | 7.16x | $443.00K |