Beijer Ref AB (publ) (BEIJ-B) - Net Assets
Based on the latest financial reports, Beijer Ref AB (publ) (BEIJ-B) has net assets worth Skr21.87 Billion SEK (≈ $2.35 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr45.75 Billion ≈ $4.92 Billion USD) and total liabilities (Skr23.89 Billion ≈ $2.57 Billion 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 BEIJ-B asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr21.87 Billion |
| % of Total Assets | 47.79% |
| Annual Growth Rate | 20.44% |
| 5-Year Change | 439.49% |
| 10-Year Change | 819.3% |
| Growth Volatility | 48.87 |
Beijer Ref AB (publ) - Net Assets Trend (2002–2024)
This chart illustrates how Beijer Ref AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore BEIJ-B current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Beijer Ref AB (publ) (2002–2024)
The table below shows the annual net assets of Beijer Ref AB (publ) from 2002 to 2024. For live valuation and market cap data, see market value of Beijer Ref AB (publ).
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr24.22 Billion ≈ $2.61 Billion |
+12.93% |
| 2023-12-31 | Skr21.44 Billion ≈ $2.31 Billion |
+219.38% |
| 2022-12-31 | Skr6.71 Billion ≈ $722.53 Million |
+27.51% |
| 2021-12-31 | Skr5.27 Billion ≈ $566.65 Million |
+17.31% |
| 2020-12-31 | Skr4.49 Billion ≈ $483.06 Million |
+2.73% |
| 2019-12-31 | Skr4.37 Billion ≈ $470.21 Million |
+15.43% |
| 2018-12-31 | Skr3.79 Billion ≈ $407.34 Million |
+14.92% |
| 2017-12-31 | Skr3.29 Billion ≈ $354.45 Million |
+11.00% |
| 2016-12-31 | Skr2.97 Billion ≈ $319.32 Million |
+12.64% |
| 2015-12-31 | Skr2.63 Billion ≈ $283.48 Million |
+0.59% |
| 2014-12-31 | Skr2.62 Billion ≈ $281.81 Million |
+8.34% |
| 2013-12-31 | Skr2.42 Billion ≈ $260.10 Million |
+0.08% |
| 2012-12-31 | Skr2.42 Billion ≈ $259.90 Million |
-0.75% |
| 2011-12-31 | Skr2.43 Billion ≈ $261.88 Million |
+3.17% |
| 2010-12-31 | Skr2.36 Billion ≈ $253.83 Million |
+8.42% |
| 2009-12-31 | Skr2.18 Billion ≈ $234.12 Million |
+119.76% |
| 2008-12-31 | Skr989.95 Million ≈ $106.53 Million |
+36.19% |
| 2007-12-31 | Skr726.91 Million ≈ $78.23 Million |
+35.52% |
| 2006-12-31 | Skr536.39 Million ≈ $57.72 Million |
+11.81% |
| 2005-12-31 | Skr479.72 Million ≈ $51.63 Million |
+16.86% |
| 2004-12-31 | Skr410.52 Million ≈ $44.18 Million |
+2.11% |
| 2003-12-31 | Skr402.06 Million ≈ $43.27 Million |
-0.70% |
| 2002-12-31 | Skr404.89 Million ≈ $43.57 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijer Ref AB (publ)'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 19740.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr7.73 Billion | 32.10% |
| Common Stock | Skr495.00 Million | 2.06% |
| Other Comprehensive Income | Skr1.31 Billion | 5.45% |
| Other Components | Skr14.53 Billion | 60.39% |
| Total Equity | Skr24.07 Billion | 100.00% |
Beijer Ref AB (publ) Competitors by Market Cap
The table below lists competitors of Beijer Ref AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Noble Corporation plc
NYSE:NE
|
$6.66 Billion |
|
Nuvalent Inc
NASDAQ:NUVL
|
$6.66 Billion |
|
Shenghe Resources Holding Co Ltd
SHG:600392
|
$6.68 Billion |
|
Yunnan Lincang Xinyuan Germanium Industrial Co Ltd
SHE:002428
|
$6.69 Billion |
|
Federal Signal Corporation
NYSE:FSS
|
$6.65 Billion |
|
Capital Securities Corp. Ltd.
SHG:601136
|
$6.65 Billion |
|
Hunan Gold Corp Ltd
SHE:002155
|
$6.65 Billion |
|
Unicaja Banco SA
MC:UNI
|
$6.65 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijer Ref AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,323,000,000 to 24,066,000,000, a change of 2,743,000,000 (12.9%).
- Net income of 2,227,000,000 contributed positively to equity growth.
- Dividend payments of 700,000,000 reduced retained earnings.
- Share repurchases of 7,000,000 reduced equity.
- Other comprehensive income increased equity by 1,459,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr2.23 Billion | +9.25% |
| Dividends Paid | Skr700.00 Million | -2.91% |
| Share Repurchases | Skr7.00 Million | -0.03% |
| Other Comprehensive Income | Skr1.46 Billion | +6.06% |
| Other Changes | Skr-229.00 Million | -0.95% |
| Total Change | Skr- | 12.86% |
Book Value vs Market Value Analysis
This analysis compares Beijer Ref AB (publ)'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: 2.72x
- 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 78.17x to 2.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Skr1.65 | Skr129.20 | x |
| 2003-12-31 | Skr1.64 | Skr129.20 | x |
| 2004-12-31 | Skr1.67 | Skr129.20 | x |
| 2005-12-31 | Skr1.96 | Skr129.20 | x |
| 2006-12-31 | Skr2.20 | Skr129.20 | x |
| 2007-12-31 | Skr2.98 | Skr129.20 | x |
| 2008-12-31 | Skr4.06 | Skr129.20 | x |
| 2009-12-31 | Skr5.41 | Skr129.20 | x |
| 2010-12-31 | Skr5.66 | Skr129.20 | x |
| 2011-12-31 | Skr5.75 | Skr129.20 | x |
| 2012-12-31 | Skr5.69 | Skr129.20 | x |
| 2013-12-31 | Skr5.68 | Skr129.20 | x |
| 2014-12-31 | Skr6.22 | Skr129.20 | x |
| 2015-12-31 | Skr6.22 | Skr129.20 | x |
| 2016-12-31 | Skr7.00 | Skr129.20 | x |
| 2017-12-31 | Skr7.76 | Skr129.20 | x |
| 2018-12-31 | Skr8.88 | Skr129.20 | x |
| 2019-12-31 | Skr10.26 | Skr129.20 | x |
| 2020-12-31 | Skr10.57 | Skr129.20 | x |
| 2021-12-31 | Skr12.38 | Skr129.20 | x |
| 2022-12-31 | Skr15.89 | Skr129.20 | x |
| 2023-12-31 | Skr43.79 | Skr129.20 | x |
| 2024-12-31 | Skr47.48 | Skr129.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijer Ref AB (publ) 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): 9.25%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.24%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.92x
- Recent ROE (9.25%) is below the historical average (15.07%), 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 | 9.63% | 0.00% | 0.00x | 2.22x | Skr-1.48 Million |
| 2003 | 8.55% | 2.42% | 1.61x | 2.20x | Skr-5.82 Million |
| 2004 | 8.64% | 1.76% | 1.40x | 3.51x | Skr-5.52 Million |
| 2005 | 15.11% | 3.05% | 1.62x | 3.07x | Skr24.37 Million |
| 2006 | 20.38% | 4.14% | 1.71x | 2.88x | Skr55.62 Million |
| 2007 | 29.25% | 6.70% | 1.60x | 2.73x | Skr139.83 Million |
| 2008 | 25.78% | 7.37% | 1.56x | 2.24x | Skr156.18 Million |
| 2009 | 9.47% | 4.33% | 1.19x | 1.84x | Skr-11.55 Million |
| 2010 | 10.97% | 5.13% | 1.27x | 1.68x | Skr22.81 Million |
| 2011 | 15.44% | 6.27% | 1.16x | 2.12x | Skr130.29 Million |
| 2012 | 12.44% | 4.37% | 1.35x | 2.11x | Skr57.98 Million |
| 2013 | 9.87% | 3.54% | 1.29x | 2.16x | Skr-3.01 Million |
| 2014 | 12.21% | 4.40% | 1.26x | 2.20x | Skr57.26 Million |
| 2015 | 14.12% | 4.38% | 1.38x | 2.33x | Skr106.92 Million |
| 2016 | 13.34% | 4.30% | 1.32x | 2.35x | Skr97.32 Million |
| 2017 | 15.81% | 5.20% | 1.32x | 2.31x | Skr187.90 Million |
| 2018 | 20.77% | 5.91% | 1.32x | 2.66x | Skr398.92 Million |
| 2019 | 20.17% | 5.83% | 1.34x | 2.59x | Skr435.30 Million |
| 2020 | 16.37% | 5.14% | 1.23x | 2.58x | Skr281.09 Million |
| 2021 | 18.93% | 5.79% | 1.10x | 2.96x | Skr461.73 Million |
| 2022 | 18.90% | 5.51% | 1.04x | 3.31x | Skr587.70 Million |
| 2023 | 11.14% | 7.39% | 0.82x | 1.84x | Skr242.70 Million |
| 2024 | 9.25% | 6.24% | 0.77x | 1.92x | Skr-179.60 Million |
Industry Comparison
This section compares Beijer Ref AB (publ)'s net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $2,530,703,627
- Average return on equity (ROE) among peers: 16.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijer Ref AB (publ) (BEIJ-B) | Skr21.87 Billion | 9.63% | 1.09x | $6.66 Billion |
| Addtech AB (publ.) (ADDT-B) | $676.00 Million | 42.46% | 1.97x | $9.22 Billion |
| Alligo AB Series B (ALLIGO-B) | $939.00 Million | 14.80% | 1.87x | $739.77 Million |
| Bufab Holding AB (BUFAB) | $2.38 Billion | 19.77% | 1.77x | $2.42 Billion |
| Ferronordic AB (publ) (FNM) | $178.47 Million | -8.82% | 5.86x | $65.06 Million |
| Indutrade AB (INDT) | $17.12 Billion | 14.95% | 0.94x | $7.73 Billion |
| Inission AB (publ) (INISS-B) | $142.26 Million | 26.18% | 2.35x | $138.41 Million |
| Momentum Group AB (publ) (MMGR-B) | $656.00 Million | 25.91% | 1.84x | $562.76 Million |
| OEM International AB (publ) (OEM-B) | $414.74 Million | 3.55% | 0.80x | $1.72 Billion |
| Tura Group AB (TURA) | $273.87 Million | 8.96% | 1.20x | $25.85 Million |
About Beijer Ref AB (publ)
Beijer Ref AB (publ), together with its subsidiaries, provides commercial and industrial refrigeration, heating, and air conditioning products worldwide. The company primarily offers refrigeration components, air conditioning units, and heat pumps. It also provides commercial refrigeration systems, which are used in shops, catering, cafes, hotels, and small refrigerated warehouses; and central re… Read more