Eastnine AB (publ) (EAST) - Net Assets
Based on the latest financial reports, Eastnine AB (publ) (EAST) has net assets worth Skr467.90 Million SEK (≈ $50.35 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr1.03 Billion ≈ $110.92 Million USD) and total liabilities (Skr562.81 Million ≈ $60.57 Million 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 Eastnine AB (publ) (EAST) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr467.90 Million |
| % of Total Assets | 45.4% |
| Annual Growth Rate | 0.52% |
| 5-Year Change | 24.44% |
| 10-Year Change | 89.01% |
| Growth Volatility | 20.59 |
Eastnine AB (publ) - Net Assets Trend (2007–2025)
This chart illustrates how Eastnine AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore Eastnine AB (publ) assets under control for the complete picture of this company's asset base.
Annual Net Assets for Eastnine AB (publ) (2007–2025)
The table below shows the annual net assets of Eastnine AB (publ) from 2007 to 2025. For live valuation and market cap data, see EAST company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr467.90 Million ≈ $50.35 Million |
+7.01% |
| 2024-12-31 | Skr437.26 Million ≈ $47.06 Million |
+9.27% |
| 2023-12-31 | Skr400.18 Million ≈ $43.07 Million |
-16.37% |
| 2022-12-31 | Skr478.51 Million ≈ $51.50 Million |
+27.26% |
| 2021-12-31 | Skr375.99 Million ≈ $40.46 Million |
+21.31% |
| 2020-12-31 | Skr309.94 Million ≈ $33.35 Million |
+15.57% |
| 2019-12-31 | Skr268.19 Million ≈ $28.86 Million |
+11.37% |
| 2018-12-31 | Skr240.82 Million ≈ $25.92 Million |
-0.68% |
| 2017-12-31 | Skr242.46 Million ≈ $26.09 Million |
-2.06% |
| 2016-12-31 | Skr247.56 Million ≈ $26.64 Million |
-2.37% |
| 2015-12-31 | Skr253.56 Million ≈ $27.29 Million |
-2.97% |
| 2014-12-31 | Skr261.31 Million ≈ $28.12 Million |
-16.04% |
| 2013-12-31 | Skr311.23 Million ≈ $33.49 Million |
-9.69% |
| 2012-12-31 | Skr344.63 Million ≈ $37.09 Million |
+1.61% |
| 2011-12-31 | Skr339.18 Million ≈ $36.50 Million |
-35.45% |
| 2010-12-31 | Skr525.43 Million ≈ $56.55 Million |
+37.71% |
| 2009-12-31 | Skr381.54 Million ≈ $41.06 Million |
+38.52% |
| 2008-12-31 | Skr275.45 Million ≈ $29.64 Million |
-35.43% |
| 2007-12-31 | Skr426.57 Million ≈ $45.91 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Eastnine 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 5789.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr194.22 Million | 41.51% |
| Common Stock | Skr4.02 Million | 0.86% |
| Other Comprehensive Income | Skr-805.19K | -0.17% |
| Other Components | Skr270.47 Million | 57.80% |
| Total Equity | Skr467.90 Million | 100.00% |
Eastnine AB (publ) Competitors by Market Cap
The table below lists competitors of Eastnine AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rieter Holding AG
SW:RIEN
|
$465.32 Million |
|
UPC Technology Corp
TW:1313
|
$465.41 Million |
|
Innova Captab Limited
NSE:INNOVACAP
|
$465.42 Million |
|
Thonburi Healthcare Grp Pcl
BK:THG
|
$465.65 Million |
|
Shanxi Yongdong Chemistry Industry Co Ltd
SHE:002753
|
$464.82 Million |
|
Fullink Technology Co. LTD.
SHE:301067
|
$464.71 Million |
|
Richtech Robotics Inc. Class B Common Stock
NASDAQ:RR
|
$464.66 Million |
|
Shenzhen Kexin Communication Technologies Co Ltd
SHE:300565
|
$464.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eastnine AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 437,257,000 to 467,902,000, a change of 30,645,000 (7.0%).
- Net income of 41,739,000 contributed positively to equity growth.
- Dividend payments of 2,676,000 reduced retained earnings.
- Other comprehensive income decreased equity by 392,188.
- Other factors decreased equity by 8,025,812.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr41.74 Million | +8.92% |
| Dividends Paid | Skr2.68 Million | -0.57% |
| Other Comprehensive Income | Skr-392.19K | -0.08% |
| Other Changes | Skr-8.03 Million | -1.72% |
| Total Change | Skr- | 7.01% |
Book Value vs Market Value Analysis
This analysis compares Eastnine 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: 9.23x
- 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 15.71x to 9.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Skr2.81 | Skr44.20 | x |
| 2008-12-31 | Skr1.83 | Skr44.20 | x |
| 2009-12-31 | Skr2.39 | Skr44.20 | x |
| 2010-12-31 | Skr3.07 | Skr44.20 | x |
| 2011-12-31 | Skr2.06 | Skr44.20 | x |
| 2012-12-31 | Skr2.18 | Skr44.20 | x |
| 2013-12-31 | Skr2.40 | Skr44.20 | x |
| 2014-12-31 | Skr2.05 | Skr44.20 | x |
| 2015-12-31 | Skr2.16 | Skr44.20 | x |
| 2016-12-31 | Skr2.29 | Skr44.20 | x |
| 2017-12-31 | Skr2.49 | Skr44.20 | x |
| 2018-12-31 | Skr2.72 | Skr44.20 | x |
| 2019-12-31 | Skr3.16 | Skr44.20 | x |
| 2020-12-31 | Skr3.63 | Skr44.20 | x |
| 2021-12-31 | Skr4.23 | Skr44.20 | x |
| 2022-12-31 | Skr5.38 | Skr44.20 | x |
| 2023-12-31 | Skr4.50 | Skr44.20 | x |
| 2024-12-31 | Skr4.91 | Skr44.20 | x |
| 2025-12-31 | Skr4.79 | Skr44.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eastnine 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): 8.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 71.17%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.20x
- Recent ROE (8.92%) is above the historical average (1.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 1.01% | 114.40% | 0.01x | 1.10x | Skr-35.46 Million |
| 2008 | -57.02% | 0.00% | -0.55x | 1.06x | Skr-177.63 Million |
| 2009 | 23.56% | 78.41% | 0.26x | 1.14x | Skr46.28 Million |
| 2010 | 26.67% | 85.26% | 0.25x | 1.27x | Skr71.67 Million |
| 2011 | -43.58% | 0.00% | -0.43x | 1.19x | Skr-157.28 Million |
| 2012 | 4.77% | 69.22% | 0.06x | 1.18x | Skr-15.71 Million |
| 2013 | 7.45% | 96.94% | 0.06x | 1.30x | Skr-7.94 Million |
| 2014 | -12.95% | 0.00% | -0.12x | 1.00x | Skr-59.98 Million |
| 2015 | 2.87% | 79.13% | 0.04x | 1.00x | Skr-18.09 Million |
| 2016 | 5.37% | 82.32% | 0.06x | 1.01x | Skr-11.45 Million |
| 2017 | 7.05% | 82.91% | 0.08x | 1.00x | Skr-7.16 Million |
| 2018 | 6.49% | 78.92% | 0.06x | 1.32x | Skr-8.44 Million |
| 2019 | 13.15% | 83.89% | 0.10x | 1.57x | Skr8.45 Million |
| 2020 | 11.67% | 188.44% | 0.04x | 1.62x | Skr5.16 Million |
| 2021 | 19.24% | 335.97% | 0.03x | 1.74x | Skr34.73 Million |
| 2022 | 22.69% | 358.30% | 0.04x | 1.75x | Skr60.71 Million |
| 2023 | -18.00% | -199.21% | 0.05x | 1.78x | Skr-112.07 Million |
| 2024 | 1.35% | 14.23% | 0.04x | 2.25x | Skr-37.82 Million |
| 2025 | 8.92% | 71.17% | 0.06x | 2.20x | Skr-5.05 Million |
Industry Comparison
This section compares Eastnine AB (publ)'s net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $2,018,064,000
- Average return on equity (ROE) among peers: 11.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eastnine AB (publ) (EAST) | Skr467.90 Million | 1.01% | 1.20x | $465.07 Million |
| Annehem Fastigheter AB (ANNE-B) | $389.30 Million | 14.54% | 1.60x | $149.36 Million |
| Bonasudden Holding AB (BONAS) | $585.85 Million | 4.91% | 1.63x | $30.19 Million |
| Brinova Fastigheter AB (publ) (BRIN-B) | $22.10 Million | -3.17% | 0.93x | $260.83 Million |
| Fastighetsbolaget Emilshus AB (EMIL-B) | $942.60 Million | 18.66% | 1.98x | $655.99 Million |
| Fabege AB (FABG) | $11.33 Billion | 11.62% | 2.39x | $2.62 Billion |
| Fastator AB (FASTAT) | $2.48 Billion | 18.90% | 1.98x | $2.06 Million |
| Fleming Properties AB (FLMNG) | $55.22 Million | -5.08% | 1.50x | $37.68 Million |
| Fortinova Fastigheter AB Series B (FNOVA-B) | $2.14 Billion | -12.27% | 1.46x | $132.80 Million |
| Genova Property Group AB (GPG) | $214.74 Million | 52.70% | 0.00x | $187.05 Million |
About Eastnine AB (publ)
Eastnine AB (publ) is a real estate investment firm. The firm seeks to make emerging growth investments. In the beginning of 2017 it shifted its focus from both public and unlisted equity investments to purely real estate, where it makes investments in direct and fund of fund stages. It may also invest in special situations on a selective basis. The firm invests in real estate sectors only. For … Read more