Boliden AB
Boliden AB (publ) engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally. The company operates through Business Area Mines and Business Area Smelters segments. It explores copper, zinc, nickel, lead, gold, silver, cobalt, sulphuric acid, tellurium, platinum, and palladium d… Read more
Boliden AB (BOL) - Net Assets
Latest net assets as of June 2025: Skr70.62 Billion SEK
Based on the latest financial reports, Boliden AB (BOL) has net assets worth Skr70.62 Billion SEK as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr136.21 Billion) and total liabilities (Skr65.59 Billion). 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 | Skr70.62 Billion |
| % of Total Assets | 51.84% |
| Annual Growth Rate | 9.65% |
| 5-Year Change | 42.45% |
| 10-Year Change | 151.91% |
| Growth Volatility | 44.48 |
Boliden AB - Net Assets Trend (1997–2024)
This chart illustrates how Boliden AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Boliden AB (1997–2024)
The table below shows the annual net assets of Boliden AB from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr65.01 Billion | +15.23% |
| 2023-12-31 | Skr56.42 Billion | -3.27% |
| 2022-12-31 | Skr58.33 Billion | +14.63% |
| 2021-12-31 | Skr50.88 Billion | +11.49% |
| 2020-12-31 | Skr45.64 Billion | +10.13% |
| 2019-12-31 | Skr41.44 Billion | +6.23% |
| 2018-12-31 | Skr39.01 Billion | +11.29% |
| 2017-12-31 | Skr35.05 Billion | +19.25% |
| 2016-12-31 | Skr29.39 Billion | +13.90% |
| 2015-12-31 | Skr25.81 Billion | +7.64% |
| 2014-12-31 | Skr23.98 Billion | +3.90% |
| 2013-12-31 | Skr23.07 Billion | +0.55% |
| 2012-12-31 | Skr22.95 Billion | +9.11% |
| 2011-12-31 | Skr21.03 Billion | +11.60% |
| 2010-12-31 | Skr18.85 Billion | +15.93% |
| 2009-12-31 | Skr16.26 Billion | +0.68% |
| 2008-12-31 | Skr16.15 Billion | +24.34% |
| 2007-12-31 | Skr12.99 Billion | -18.99% |
| 2006-12-31 | Skr16.03 Billion | +55.73% |
| 2005-12-31 | Skr10.29 Billion | +14.38% |
| 2004-12-31 | Skr9.00 Billion | +48.68% |
| 2003-12-31 | Skr6.05 Billion | +133.28% |
| 2002-12-31 | Skr2.59 Billion | +2.67% |
| 2001-12-31 | Skr2.53 Billion | +171.25% |
| 2000-12-31 | Skr931.73 Million | -83.25% |
| 1999-12-31 | Skr5.56 Billion | +5.01% |
| 1998-12-31 | Skr5.30 Billion | -1.89% |
| 1997-12-31 | Skr5.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Boliden AB'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 15873.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr56.37 Billion | 86.73% |
| Common Stock | Skr579.00 Million | 0.89% |
| Other Comprehensive Income | Skr2.10 Billion | 3.23% |
| Other Components | Skr5.94 Billion | 9.14% |
| Total Equity | Skr64.99 Billion | 100.00% |
Boliden AB Competitors by Market Cap
The table below lists competitors of Boliden AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Galaxy Entertainment Group Ltd
PINK:GXYEF
|
$10.45 Billion |
|
First Horizon National Corporation
NYSE:FHN
|
$10.46 Billion |
|
WATSCO INC. B CV DL-50
F:WC30
|
$10.47 Billion |
|
Sinopac Financial Holdings Co Ltd
TW:2890
|
$10.49 Billion |
|
Smith (DS) PLC
PINK:DSSMY
|
$10.38 Billion |
|
Singapore Exchange Limited
PINK:SPXCF
|
$10.37 Billion |
|
Medpace Holdings Inc
NASDAQ:MEDP
|
$10.36 Billion |
|
Shengyi Technology Co Ltd
SHG:600183
|
$10.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Boliden AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 56,404,000,000 to 64,992,000,000, a change of 8,588,000,000 (15.2%).
- Net income of 10,022,000,000 contributed positively to equity growth.
- Dividend payments of 2,051,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 612,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr10.02 Billion | +15.42% |
| Dividends Paid | Skr2.05 Billion | -3.16% |
| Other Comprehensive Income | Skr612.00 Million | +0.94% |
| Other Changes | Skr5.00 Million | +0.01% |
| Total Change | Skr- | 15.23% |
Book Value vs Market Value Analysis
This analysis compares Boliden AB'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: 2.63x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.72x to 2.63x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | Skr870.42 | Skr624.60 | x |
| 1998-12-31 | Skr807.91 | Skr624.60 | x |
| 1999-12-31 | Skr878.94 | Skr624.60 | x |
| 2000-12-31 | Skr82.19 | Skr624.60 | x |
| 2001-12-31 | Skr23.78 | Skr624.60 | x |
| 2002-12-31 | Skr24.34 | Skr624.60 | x |
| 2003-12-31 | Skr56.49 | Skr624.60 | x |
| 2004-12-31 | Skr36.67 | Skr624.60 | x |
| 2005-12-31 | Skr35.52 | Skr624.60 | x |
| 2006-12-31 | Skr55.39 | Skr624.60 | x |
| 2007-12-31 | Skr45.84 | Skr624.60 | x |
| 2008-12-31 | Skr59.04 | Skr624.60 | x |
| 2009-12-31 | Skr59.40 | Skr624.60 | x |
| 2010-12-31 | Skr68.86 | Skr624.60 | x |
| 2011-12-31 | Skr76.85 | Skr624.60 | x |
| 2012-12-31 | Skr83.85 | Skr624.60 | x |
| 2013-12-31 | Skr84.31 | Skr624.60 | x |
| 2014-12-31 | Skr87.63 | Skr624.60 | x |
| 2015-12-31 | Skr94.33 | Skr624.60 | x |
| 2016-12-31 | Skr107.44 | Skr624.60 | x |
| 2017-12-31 | Skr128.13 | Skr624.60 | x |
| 2018-12-31 | Skr142.59 | Skr624.60 | x |
| 2019-12-31 | Skr151.47 | Skr624.60 | x |
| 2020-12-31 | Skr166.81 | Skr624.60 | x |
| 2021-12-31 | Skr185.97 | Skr624.60 | x |
| 2022-12-31 | Skr213.19 | Skr624.60 | x |
| 2023-12-31 | Skr206.23 | Skr624.60 | x |
| 2024-12-31 | Skr237.66 | Skr624.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Boliden AB 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): 15.42%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.23%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.79x
- Recent ROE (15.42%) is above the historical average (-14.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 12.03% | 6.80% | 1.16x | 1.52x | Skr109.76 Million |
| 1998 | -11.59% | -7.19% | 0.57x | 2.82x | Skr-1.14 Billion |
| 1999 | -10.45% | -6.62% | 0.55x | 2.87x | Skr-1.14 Billion |
| 2000 | -667.89% | -56.73% | 0.87x | 13.53x | Skr-6.32 Billion |
| 2001 | -88.54% | -21.84% | 0.92x | 4.42x | Skr-2.49 Billion |
| 2002 | 5.11% | 1.38% | 0.89x | 4.13x | Skr-126.98 Million |
| 2003 | 0.18% | 0.12% | 0.48x | 3.26x | Skr-594.20 Million |
| 2004 | 11.75% | 5.87% | 0.90x | 2.24x | Skr157.84 Million |
| 2005 | 19.87% | 10.00% | 0.89x | 2.23x | Skr1.02 Billion |
| 2006 | 38.96% | 17.80% | 1.31x | 1.67x | Skr4.64 Billion |
| 2007 | 29.31% | 11.41% | 1.22x | 2.11x | Skr2.51 Billion |
| 2008 | 5.81% | 3.02% | 1.02x | 1.88x | Skr-677.08 Million |
| 2009 | 15.39% | 9.05% | 0.83x | 2.05x | Skr875.30 Million |
| 2010 | 21.00% | 10.77% | 1.05x | 1.87x | Skr2.07 Billion |
| 2011 | 16.11% | 8.40% | 1.07x | 1.79x | Skr1.28 Billion |
| 2012 | 14.27% | 8.18% | 1.00x | 1.75x | Skr978.50 Million |
| 2013 | 5.60% | 3.75% | 0.82x | 1.81x | Skr-1.01 Billion |
| 2014 | 7.92% | 5.14% | 0.84x | 1.83x | Skr-498.80 Million |
| 2015 | 10.23% | 6.56% | 0.94x | 1.67x | Skr59.90 Million |
| 2016 | 14.42% | 10.51% | 0.75x | 1.83x | Skr1.30 Billion |
| 2017 | 19.56% | 13.84% | 0.89x | 1.59x | Skr3.35 Billion |
| 2018 | 18.46% | 13.72% | 0.89x | 1.51x | Skr3.30 Billion |
| 2019 | 13.97% | 11.59% | 0.75x | 1.60x | Skr1.64 Billion |
| 2020 | 14.90% | 12.07% | 0.78x | 1.59x | Skr2.24 Billion |
| 2021 | 17.11% | 12.68% | 0.85x | 1.58x | Skr3.61 Billion |
| 2022 | 21.28% | 14.36% | 0.90x | 1.65x | Skr6.58 Billion |
| 2023 | 10.77% | 7.73% | 0.77x | 1.81x | Skr432.60 Million |
| 2024 | 15.42% | 11.23% | 0.77x | 1.79x | Skr3.52 Billion |
Industry Comparison
This section compares Boliden AB's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $828,411,570
- Average return on equity (ROE) among peers: -9.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Boliden AB (BOL) | Skr70.62 Billion | 12.03% | 0.93x | $10.39 Billion |
| Arctic Gold Publ AB (ARCT) | $55.30 Million | -5.37% | 0.01x | $28.17 Million |
| Beowulf Mining PLC (BEO-SDB) | $15.62 Million | -18.33% | 0.03x | $3.95 Million |
| Nordic Iron Ore (NIO) | $147.83 Million | -9.14% | 0.13x | $9.26 Million |
| Gruvaktiebolaget Viscaria (VISC) | $3.09 Billion | -3.53% | 0.32x | $281.92 Million |