Gigasun AB
Gigasun AB (publ), engages in the financing, owning, and operating of roof-mounted solar energy installations in China. The company installed a total of 57.5 MW of roof-mounted solar energy installations. It serves private and public organizations. The company was formerly known as Advanced Soltech Sweden AB (publ) and changed its name to Gigasun AB (publ) in February 2024. Gigasun AB (publ) was … Read more
Gigasun AB (GIGA) - Net Assets
Latest net assets as of December 2025: Skr487.87 Million SEK
Based on the latest financial reports, Gigasun AB (GIGA) has net assets worth Skr487.87 Million SEK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr2.30 Billion) and total liabilities (Skr1.81 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 | Skr487.87 Million |
| % of Total Assets | 21.24% |
| Annual Growth Rate | 14.67% |
| 5-Year Change | -2.32% |
| 10-Year Change | N/A |
| Growth Volatility | 51.6 |
Gigasun AB - Net Assets Trend (2018–2025)
This chart illustrates how Gigasun 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 Gigasun AB (2018–2025)
The table below shows the annual net assets of Gigasun AB from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr487.87 Million | -15.50% |
| 2024-12-31 | Skr577.34 Million | +1.34% |
| 2023-12-31 | Skr569.71 Million | +9.37% |
| 2022-12-31 | Skr520.91 Million | +4.30% |
| 2021-12-31 | Skr499.45 Million | +146.43% |
| 2020-12-31 | Skr202.68 Million | +15.89% |
| 2019-12-31 | Skr174.88 Million | -6.55% |
| 2018-12-31 | Skr187.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gigasun 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 decreased by 26078.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr747.98 Million | 153.21% |
| Total Equity | Skr488.20 Million | 100.00% |
Gigasun AB Competitors by Market Cap
The table below lists competitors of Gigasun AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Innovision FlexTech Corporation
TWO:6673
|
$3.91 Million |
|
Kirkland Lake Discoveries Corp.
PINK:KLKLF
|
$3.92 Million |
|
Copper Road Resources Inc.
V:CRD
|
$3.92 Million |
|
Minbos Resources Limited
F:OMB
|
$3.92 Million |
|
East Asia Holdings Investment Limited
KQ:900110
|
$3.91 Million |
|
EQTEC plc
LSE:EQT
|
$3.91 Million |
|
Adneo Ltd
AU:AD1
|
$3.91 Million |
|
AELIS FARMA SAS EO -004
F:69O
|
$3.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gigasun AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 577,336,000 to 488,200,000, a change of -89,136,000 (-15.4%).
- Net loss of 7,206,000 reduced equity.
- Other factors decreased equity by 81,930,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-7.21 Million | -1.48% |
| Other Changes | Skr-81.93 Million | -16.78% |
| Total Change | Skr- | -15.44% |
Book Value vs Market Value Analysis
This analysis compares Gigasun 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: 0.26x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Skr6.48 | Skr2.22 | x |
| 2019-12-31 | Skr6.05 | Skr2.22 | x |
| 2020-12-31 | Skr7.02 | Skr2.22 | x |
| 2021-12-31 | Skr20.58 | Skr2.22 | x |
| 2022-12-31 | Skr12.65 | Skr2.22 | x |
| 2023-12-31 | Skr9.96 | Skr2.22 | x |
| 2024-12-31 | Skr10.09 | Skr2.22 | x |
| 2025-12-31 | Skr8.54 | Skr2.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gigasun 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): -1.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.55%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 4.70x
- Recent ROE (-1.48%) is above the historical average (-10.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 1.61% | 10.50% | 0.04x | 3.61x | Skr-15.70 Million |
| 2019 | -7.99% | -23.11% | 0.05x | 6.87x | Skr-31.46 Million |
| 2020 | -47.87% | -112.29% | 0.07x | 6.20x | Skr-117.28 Million |
| 2021 | 3.21% | 13.67% | 0.07x | 3.51x | Skr-33.90 Million |
| 2022 | -5.58% | -18.53% | 0.08x | 3.79x | Skr-81.17 Million |
| 2023 | -23.74% | -79.25% | 0.08x | 3.57x | Skr-192.25 Million |
| 2024 | -5.71% | -17.83% | 0.07x | 4.38x | Skr-90.68 Million |
| 2025 | -1.48% | -3.55% | 0.09x | 4.70x | Skr-56.03 Million |
Industry Comparison
This section compares Gigasun AB's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $60,822,760
- Average return on equity (ROE) among peers: -96.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gigasun AB (GIGA) | Skr487.87 Million | 1.61% | 3.71x | $3.91 Million |
| Absolicon Solar Collector AB Series B (ABSL-B) | $109.89 Million | -60.09% | 0.20x | $3.29 Million |
| Midsummer AB (publ) (MIDS) | $100.27 Million | -40.18% | 2.51x | $19.38 Million |
| SolTech Energy Sweden AB (SOLT) | $4.07 Million | -282.83% | 0.88x | $1.11 Million |
| Windon Energy Group AB (WEG) | $29.06 Million | -2.16% | 0.00x | $845.84K |