Hemnet Group AB (HEM) - Net Assets
Based on the latest financial reports, Hemnet Group AB (HEM) has net assets worth Skr1.13 Billion SEK (≈ $121.52 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr2.27 Billion ≈ $244.07 Million USD) and total liabilities (Skr1.14 Billion ≈ $122.55 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 HEM asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr1.13 Billion |
| % of Total Assets | 49.79% |
| Annual Growth Rate | 97.29% |
| 5-Year Change | -7.48% |
| 10-Year Change | N/A |
| Growth Volatility | 8080.67 |
Hemnet Group AB - Net Assets Trend (2016–2024)
This chart illustrates how Hemnet Group AB's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Hemnet Group AB for the complete picture of this company's asset base.
Annual Net Assets for Hemnet Group AB (2016–2024)
The table below shows the annual net assets of Hemnet Group AB from 2016 to 2024. For live valuation and market cap data, see market cap of Hemnet Group AB.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr1.25 Billion ≈ $134.38 Million |
-0.87% |
| 2023-12-31 | Skr1.26 Billion ≈ $135.55 Million |
-12.08% |
| 2022-12-31 | Skr1.43 Billion ≈ $154.18 Million |
-5.55% |
| 2021-12-31 | Skr1.52 Billion ≈ $163.24 Million |
+12.39% |
| 2020-12-31 | Skr1.35 Billion ≈ $145.24 Million |
+5.40% |
| 2019-12-31 | Skr1.28 Billion ≈ $137.80 Million |
-7.76% |
| 2018-12-31 | Skr1.39 Billion ≈ $149.40 Million |
+4.00% |
| 2017-12-31 | Skr1.33 Billion ≈ $143.65 Million |
+24432.99% |
| 2016-12-31 | Skr5.44 Million ≈ $585.55K |
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Equity Component Analysis
This analysis shows how different components contribute to Hemnet Group 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 12341618000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr77.70 Million | 6.22% |
| Other Components | Skr1.31 Billion | 104.55% |
| Total Equity | Skr1.25 Billion | 100.00% |
Hemnet Group AB Competitors by Market Cap
The table below lists competitors of Hemnet Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Energizer Holdings Inc
NYSE:ENR
|
$1.13 Billion |
|
Day One Biopharmaceuticals Inc
NASDAQ:DAWN
|
$1.13 Billion |
|
Nusantara Sawit Sejahtera
JK:NSSS
|
$1.13 Billion |
|
Nokian Renkaat Oyj
HE:TYRES
|
$1.13 Billion |
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
$1.13 Billion |
|
Henan Tong-Da Cable Co Ltd
SHE:002560
|
$1.13 Billion |
|
Macmahon Holdings Ltd
AU:MAH
|
$1.13 Billion |
|
Rio Tinto PLC
LSE:RIO
|
$1.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hemnet Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,259,600,000 to 1,248,700,000, a change of -10,900,000 (-0.9%).
- Net income of 338,700,000 contributed positively to equity growth.
- Dividend payments of 115,200,000 reduced retained earnings.
- Share repurchases of 427,700,000 reduced equity.
- New share issuances of 50,200,000 increased equity.
- Other factors increased equity by 143,100,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr338.70 Million | +27.12% |
| Dividends Paid | Skr115.20 Million | -9.23% |
| Share Repurchases | Skr427.70 Million | -34.25% |
| Share Issuances | Skr50.20 Million | +4.02% |
| Other Changes | Skr143.10 Million | +11.46% |
| Total Change | Skr- | -0.87% |
Book Value vs Market Value Analysis
This analysis compares Hemnet Group 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: 9.14x
- 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 156.50x to 9.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Skr0.76 | Skr118.50 | x |
| 2017-12-31 | Skr13.89 | Skr118.50 | x |
| 2018-12-31 | Skr14.45 | Skr118.50 | x |
| 2019-12-31 | Skr12.66 | Skr118.50 | x |
| 2020-12-31 | Skr13.35 | Skr118.50 | x |
| 2021-12-31 | Skr14.99 | Skr118.50 | x |
| 2022-12-31 | Skr14.28 | Skr118.50 | x |
| 2023-12-31 | Skr12.89 | Skr118.50 | x |
| 2024-12-31 | Skr12.97 | Skr118.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hemnet Group 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): 27.12%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.29%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.76x
- Recent ROE (27.12%) is above the historical average (5.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -43.89% | -8399.44% | 0.00x | 1.85x | Skr-2.93 Million |
| 2017 | -1.76% | -8.02% | 0.12x | 1.81x | Skr-156.96 Million |
| 2018 | 3.83% | 14.26% | 0.15x | 1.83x | Skr-85.64 Million |
| 2019 | 5.13% | 14.77% | 0.19x | 1.87x | Skr-62.41 Million |
| 2020 | 5.02% | 12.44% | 0.23x | 1.76x | Skr-67.26 Million |
| 2021 | 10.32% | 21.49% | 0.34x | 1.41x | Skr4.81 Million |
| 2022 | 20.51% | 33.04% | 0.42x | 1.46x | Skr150.53 Million |
| 2023 | 26.89% | 33.71% | 0.47x | 1.71x | Skr212.74 Million |
| 2024 | 27.12% | 24.29% | 0.64x | 1.76x | Skr213.83 Million |
Industry Comparison
This section compares Hemnet Group AB's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $662,418,612
- Average return on equity (ROE) among peers: -49.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hemnet Group AB (HEM) | Skr1.13 Billion | -43.89% | 1.01x | $1.13 Billion |
| Catena Media plc (CTM) | $107.53 Million | -10.75% | 0.05x | $22.35 Million |
| Eniro AB (ENRO) | $2.40 Billion | 0.00% | 1.01x | $47.63 Million |
| Readly International AB (READ) | $90.56 Million | -132.47% | 3.23x | $171.68 Million |
| Tourn International AB (TOURN) | $49.59 Million | -55.09% | 0.87x | $6.49 Million |
About Hemnet Group AB
Hemnet Group AB (publ) operates a residential property platform in Sweden. The company connects property buyers, sellers, and real estate agents in one platform. Hemnet Group AB (publ) was founded in 1998 and is headquartered in Stockholm, Sweden.