SOLOMON SYSTECH
SOLOMON SYSTECH operates in Diversified Metals & Mining.
SOLOMON SYSTECH (RZF) - Net Assets
Latest net assets as of December 2023: €126.93 Million EUR
Based on the latest financial reports, SOLOMON SYSTECH (RZF) has net assets worth €126.93 Million EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€157.43 Million) and total liabilities (€30.50 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 | €126.93 Million |
| % of Total Assets | 80.63% |
| Annual Growth Rate | 3.32% |
| 5-Year Change | 147.39% |
| 10-Year Change | N/A |
| Growth Volatility | 24.1 |
SOLOMON SYSTECH - Net Assets Trend (2016–2023)
This chart illustrates how SOLOMON SYSTECH's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SOLOMON SYSTECH (2016–2023)
The table below shows the annual net assets of SOLOMON SYSTECH from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €126.93 Million | +16.25% |
| 2022-12-31 | €109.18 Million | +25.92% |
| 2021-12-31 | €86.71 Million | +36.69% |
| 2020-12-31 | €63.43 Million | +23.63% |
| 2019-12-31 | €51.31 Million | -35.08% |
| 2018-12-31 | €79.03 Million | -13.92% |
| 2017-12-31 | €91.81 Million | -9.10% |
| 2016-12-31 | €101.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SOLOMON SYSTECH'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 3145100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €129.29 Million | 101.81% |
| Total Equity | €127.00 Million | 100.00% |
SOLOMON SYSTECH Competitors by Market Cap
The table below lists competitors of SOLOMON SYSTECH ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mahanna Islamic Inde
KAR:MIIETF
|
$534.39 |
|
CANADA ZINC METALS
MU:M9R
|
$535.00 |
|
Intermarket Sec.
KAR:IMS
|
$535.18 |
|
Theracryf Plc
LSE:TCF
|
$536.01 |
|
Beltone Holding
EGX:BTFH
|
$532.97 |
|
Abrdn UK Smaller Companies Growth Trust PLC
LSE:AUSC
|
$532.74 |
|
Norman Broadbent Plc
LSE:NBB
|
$531.83 |
|
M. K. Proteins Limited
NSE:MKPL
|
$531.75 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SOLOMON SYSTECH's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 109,249,000 to 126,996,000, a change of 17,747,000 (16.2%).
- Net income of 19,443,000 contributed positively to equity growth.
- New share issuances of 37,000 increased equity.
- Other factors decreased equity by 1,733,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €19.44 Million | +15.31% |
| Share Issuances | €37.00K | +0.03% |
| Other Changes | €-1.73 Million | -1.36% |
| Total Change | €- | 16.24% |
Book Value vs Market Value Analysis
This analysis compares SOLOMON SYSTECH'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: 1.07x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.48x to 1.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.04 | €0.05 | x |
| 2018-12-31 | €0.03 | €0.05 | x |
| 2019-12-31 | €0.02 | €0.05 | x |
| 2020-12-31 | €0.03 | €0.05 | x |
| 2021-12-31 | €0.03 | €0.05 | x |
| 2022-12-31 | €0.04 | €0.05 | x |
| 2023-12-31 | €0.05 | €0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SOLOMON SYSTECH 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): 15.31%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.70%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.24x
- Recent ROE (15.31%) is above the historical average (-0.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -6.86% | -10.13% | 0.59x | 1.14x | €-17.03 Million |
| 2017 | -11.23% | -12.41% | 0.71x | 1.28x | €-19.35 Million |
| 2018 | -17.43% | -13.94% | 0.92x | 1.36x | €-21.52 Million |
| 2019 | -53.19% | -25.18% | 1.41x | 1.50x | €-32.40 Million |
| 2020 | 18.47% | 9.66% | 1.29x | 1.49x | €5.37 Million |
| 2021 | 27.41% | 14.15% | 1.20x | 1.61x | €15.11 Million |
| 2022 | 25.48% | 14.58% | 1.21x | 1.45x | €16.91 Million |
| 2023 | 15.31% | 12.70% | 0.97x | 1.24x | €6.74 Million |
Industry Comparison
This section compares SOLOMON SYSTECH's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SOLOMON SYSTECH (RZF) | €126.93 Million | -6.86% | 0.24x | $533.86 |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |