Hitech & Development Wireless Sweden Holding AB (publ) (HDW-B) - Net Assets
Based on the latest financial reports, Hitech & Development Wireless Sweden Holding AB (publ) (HDW-B) has net assets worth Skr5.05 Million SEK (≈ $543.68K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr13.27 Million ≈ $1.43 Million USD) and total liabilities (Skr8.22 Million ≈ $884.50K 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 how resilient are Hitech & Development Wireless Sweden Hol's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr5.05 Million |
| % of Total Assets | 38.07% |
| Annual Growth Rate | -0.76% |
| 5-Year Change | -92.62% |
| 10-Year Change | N/A |
| Growth Volatility | 149.87 |
Hitech & Development Wireless Sweden Holding AB (publ) - Net Assets Trend (2015–2024)
This chart illustrates how Hitech & Development Wireless Sweden Holding AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore Hitech & Development Wireless Sweden Hol total assets for the complete picture of this company's asset base.
Annual Net Assets for Hitech & Development Wireless Sweden Holding AB (publ) (2015–2024)
The table below shows the annual net assets of Hitech & Development Wireless Sweden Holding AB (publ) from 2015 to 2024. For live valuation and market cap data, see HDW-B market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr4.37 Million ≈ $469.96K |
-75.06% |
| 2023-12-31 | Skr17.51 Million ≈ $1.88 Million |
-51.80% |
| 2022-12-31 | Skr36.32 Million ≈ $3.91 Million |
-27.97% |
| 2021-12-31 | Skr50.42 Million ≈ $5.43 Million |
-14.85% |
| 2020-12-31 | Skr59.21 Million ≈ $6.37 Million |
-5.08% |
| 2019-12-31 | Skr62.38 Million ≈ $6.71 Million |
+54.67% |
| 2018-12-31 | Skr40.33 Million ≈ $4.34 Million |
-9.35% |
| 2017-12-31 | Skr44.49 Million ≈ $4.79 Million |
+448.90% |
| 2016-12-31 | Skr8.11 Million ≈ $872.23K |
+73.26% |
| 2015-12-31 | Skr4.68 Million ≈ $503.43K |
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Equity Component Analysis
This analysis shows how different components contribute to Hitech & Development Wireless Sweden Holding 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 decreased by 765.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr10.09 Million | 145.61% |
| Other Comprehensive Income | Skr-209.08 Million | -3018.74% |
| Other Components | Skr230.78 Million | 3332.07% |
| Total Equity | Skr6.93 Million | 100.00% |
Hitech & Development Wireless Sweden Holding AB (publ) Competitors by Market Cap
The table below lists competitors of Hitech & Development Wireless Sweden Holding AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Naked Wines plc
LSE:WINE
|
$588.97K |
|
Universal Partners Ltd
JSE:UPL
|
$591.34K |
|
Storage Drop Storage Technologies Ltd
TA:STRG
|
$593.69K |
|
Town Centre Securities PLC
LSE:TOWN
|
$595.40K |
|
Lakshmi Precision Screws Limited
NSE:LAKPRE
|
$586.92K |
|
African Dawn Capital Ltd
JSE:ADW
|
$586.01K |
|
PT Century Textile Industry Tbk
JK:CNTX
|
$582.44K |
|
FINCANNA CAPITAL CORP.
F:4AL0
|
$582.22K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hitech & Development Wireless Sweden Holding AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,507,000 to 6,926,000, a change of -10,581,000 (-60.4%).
- Net loss of 24,860,000 reduced equity.
- Share repurchases of 41,895,000 reduced equity.
- New share issuances of 41,895,000 increased equity.
- Other comprehensive income decreased equity by 1,212,999.
- Other factors increased equity by 15,491,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-24.86 Million | -358.94% |
| Share Repurchases | Skr41.90 Million | -604.89% |
| Share Issuances | Skr41.90 Million | +604.89% |
| Other Comprehensive Income | Skr-1.21 Million | -17.51% |
| Other Changes | Skr15.49 Million | +223.68% |
| Total Change | Skr- | -60.44% |
Book Value vs Market Value Analysis
This analysis compares Hitech & Development Wireless Sweden Holding 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: 321.21x
- 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 increased from 5.30x to 321.21x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | Skr0.09 | Skr0.49 | x |
| 2016-12-31 | Skr0.32 | Skr0.49 | x |
| 2017-12-31 | Skr0.91 | Skr0.49 | x |
| 2018-12-31 | Skr0.65 | Skr0.49 | x |
| 2019-12-31 | Skr0.53 | Skr0.49 | x |
| 2020-12-31 | Skr0.28 | Skr0.49 | x |
| 2021-12-31 | Skr0.27 | Skr0.49 | x |
| 2022-12-31 | Skr0.07 | Skr0.49 | x |
| 2023-12-31 | Skr0.02 | Skr0.49 | x |
| 2024-12-31 | Skr0.00 | Skr0.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hitech & Development Wireless Sweden Holding 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): -358.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -120.66%
- • Asset Turnover: 1.25x
- • Equity Multiplier: 2.38x
- Recent ROE (-358.94%) is below the historical average (-91.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 5.27% | 0.90% | 1.25x | 4.71x | Skr-221.28K |
| 2016 | 6.42% | 2.01% | 0.99x | 3.24x | Skr-290.46K |
| 2017 | -27.80% | -2944.82% | 0.01x | 1.25x | Skr-16.82 Million |
| 2018 | -74.94% | -610.67% | 0.11x | 1.17x | Skr-34.26 Million |
| 2019 | -62.26% | -191.32% | 0.22x | 1.48x | Skr-45.02 Million |
| 2020 | -38.86% | -144.26% | 0.19x | 1.39x | Skr-28.93 Million |
| 2021 | -52.80% | -199.43% | 0.19x | 1.39x | Skr-31.67 Million |
| 2022 | -95.65% | -157.00% | 0.34x | 1.81x | Skr-38.37 Million |
| 2023 | -218.10% | -135.75% | 0.54x | 2.98x | Skr-39.93 Million |
| 2024 | -358.94% | -120.66% | 1.25x | 2.38x | Skr-25.55 Million |
Industry Comparison
This section compares Hitech & Development Wireless Sweden Holding AB (publ)'s net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $12,735,358,099
- Average return on equity (ROE) among peers: -35.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hitech & Development Wireless Sweden Holding AB (publ) (HDW-B) | Skr5.05 Million | 5.27% | 1.63x | $588.92K |
| Alcadon Group AB (ALCA) | $59.98 Million | 37.34% | 3.20x | $85.73 Million |
| DORO AB (DORO) | $287.00 Million | 21.11% | 1.61x | $105.09 Million |
| Ependion AB (EPEN) | $688.68 Million | 9.43% | 1.97x | $436.84 Million |
| Telefonaktiebolaget LM Ericsson (publ) (ERIC-A) | $4.39 Billion | -195.33% | 6.62x | $3.06 Billion |
| Telefonaktiebolaget LM Ericsson (publ) (ERIC-B) | $107.10 Billion | 21.19% | 1.85x | $35.81 Billion |
| Gapwaves AB Series B (GAPW-B) | $79.95 Million | -55.01% | 0.18x | $33.38 Million |
| HMS Networks AB (publ) (HMS) | $342.06 Million | 15.25% | 0.22x | $2.91 Billion |
| Hexatronic Group AB (HTRO) | $1.65 Billion | 15.36% | 1.86x | $843.81 Million |
| InCoax Networks AB (INCOAX) | $26.18 Million | -188.34% | 0.56x | $10.06 Million |
About Hitech & Development Wireless Sweden Holding AB (publ)
Hitech & Development Wireless Sweden Holding AB (publ) provides technology and services within Internet of Things (IoT) and real-time location system (RTLS) in Sweden. The company offers Griffin Enterprise Positioning Services, an IoT cloud platform, which provides RTLS solutions that helps companies to digitize and visualize business processes in real-time in the fields of industry, construction… Read more