Pion Group AB Series B
PION Group AB (publ) operates as a staffing and recruitment company in Sweden, Finland, and Norway. The company operates through QRIOS, Poolia, and Uniflex segments. The company provides executive search, interim management, HR-Tech on- and offboarding, and recruiting services, as well as consulting, IT, tech and strategy, and other services. It provides its services under the Uniflex, Poolia, QR… Read more
Pion Group AB Series B (PION-B) - Net Assets
Latest net assets as of September 2025: Skr128.60 Million SEK
Based on the latest financial reports, Pion Group AB Series B (PION-B) has net assets worth Skr128.60 Million SEK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr456.20 Million) and total liabilities (Skr327.60 Million). 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 | Skr128.60 Million |
| % of Total Assets | 28.19% |
| Annual Growth Rate | -6.01% |
| 5-Year Change | -17.68% |
| 10-Year Change | 75.76% |
| Growth Volatility | 24.43 |
Pion Group AB Series B - Net Assets Trend (2002–2024)
This chart illustrates how Pion Group AB Series B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pion Group AB Series B (2002–2024)
The table below shows the annual net assets of Pion Group AB Series B from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr132.70 Million | -36.00% |
| 2023-12-31 | Skr207.35 Million | -11.42% |
| 2022-12-31 | Skr234.08 Million | +9.64% |
| 2021-12-31 | Skr213.49 Million | +32.43% |
| 2020-12-31 | Skr161.21 Million | +4.53% |
| 2019-12-31 | Skr154.22 Million | +6.45% |
| 2018-12-31 | Skr144.87 Million | +64.02% |
| 2017-12-31 | Skr88.33 Million | +8.27% |
| 2016-12-31 | Skr81.58 Million | +8.06% |
| 2015-12-31 | Skr75.50 Million | +11.30% |
| 2014-12-31 | Skr67.83 Million | +12.43% |
| 2013-12-31 | Skr60.33 Million | -23.79% |
| 2012-12-31 | Skr79.16 Million | -29.98% |
| 2011-12-31 | Skr113.06 Million | -19.20% |
| 2010-12-31 | Skr139.92 Million | -36.69% |
| 2009-12-31 | Skr221.00 Million | -20.91% |
| 2008-12-31 | Skr279.42 Million | -4.84% |
| 2007-12-31 | Skr293.62 Million | +6.62% |
| 2006-12-31 | Skr275.40 Million | +21.43% |
| 2005-12-31 | Skr226.80 Million | -14.80% |
| 2004-12-31 | Skr266.20 Million | -13.96% |
| 2003-12-31 | Skr309.40 Million | -40.41% |
| 2002-12-31 | Skr519.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pion Group AB Series B'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 15859200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr9.63 Million | 7.27% |
| Other Comprehensive Income | Skr-6.57 Million | -4.96% |
| Other Components | Skr288.03 Million | 217.38% |
| Total Equity | Skr132.50 Million | 100.00% |
Pion Group AB Series B Competitors by Market Cap
The table below lists competitors of Pion Group AB Series B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Green World Hotels Co., Ltd.
TWO:8077
|
$8.20 Million |
|
Genetic Signatures Ltd
AU:GSS
|
$8.20 Million |
|
Christiani & Nielsen (Thai) Public Company Limited
BK:CNT
|
$8.20 Million |
|
Bangkok Genomics Innovation Pcl
BK:BKGI
|
$8.21 Million |
|
Zeo Energy Corp
NASDAQ:ZEO
|
$8.20 Million |
|
Laon People Inc.
KQ:300120
|
$8.20 Million |
|
Chow Steel Industries Public Company Limited
BK:CHOW
|
$8.20 Million |
|
Right Tunnelling Public Company Limited
BK:RT
|
$8.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pion Group AB Series B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 206,176,000 to 132,500,000, a change of -73,676,000 (-35.7%).
- Net loss of 62,900,000 reduced equity.
- Dividend payments of 12,200,000 reduced retained earnings.
- New share issuances of 1,000,000 increased equity.
- Other comprehensive income increased equity by 293,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-62.90 Million | -47.47% |
| Dividends Paid | Skr12.20 Million | -9.21% |
| Share Issuances | Skr1.00 Million | +0.75% |
| Other Comprehensive Income | Skr293.00K | +0.22% |
| Other Changes | Skr131.00K | +0.1% |
| Total Change | Skr- | -35.73% |
Book Value vs Market Value Analysis
This analysis compares Pion Group AB Series B'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: 1.79x
- 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 0.22x to 1.79x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Skr22.57 | Skr4.90 | x |
| 2003-12-31 | Skr13.99 | Skr4.90 | x |
| 2004-12-31 | Skr14.44 | Skr4.90 | x |
| 2005-12-31 | Skr12.30 | Skr4.90 | x |
| 2006-12-31 | Skr14.91 | Skr4.90 | x |
| 2007-12-31 | Skr15.90 | Skr4.90 | x |
| 2008-12-31 | Skr15.69 | Skr4.90 | x |
| 2009-12-31 | Skr12.79 | Skr4.90 | x |
| 2010-12-31 | Skr8.03 | Skr4.90 | x |
| 2011-12-31 | Skr6.60 | Skr4.90 | x |
| 2012-12-31 | Skr4.62 | Skr4.90 | x |
| 2013-12-31 | Skr3.52 | Skr4.90 | x |
| 2014-12-31 | Skr3.96 | Skr4.90 | x |
| 2015-12-31 | Skr4.41 | Skr4.90 | x |
| 2016-12-31 | Skr4.76 | Skr4.90 | x |
| 2017-12-31 | Skr5.16 | Skr4.90 | x |
| 2018-12-31 | Skr3.11 | Skr4.90 | x |
| 2019-12-31 | Skr3.29 | Skr4.90 | x |
| 2020-12-31 | Skr3.44 | Skr4.90 | x |
| 2021-12-31 | Skr4.56 | Skr4.90 | x |
| 2022-12-31 | Skr4.94 | Skr4.90 | x |
| 2023-12-31 | Skr4.28 | Skr4.90 | x |
| 2024-12-31 | Skr2.74 | Skr4.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pion Group AB Series B 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): -47.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.93%
- • Asset Turnover: 3.63x
- • Equity Multiplier: 3.33x
- Recent ROE (-47.47%) is below the historical average (1.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -8.53% | -5.59% | 1.17x | 1.31x | Skr-96.22 Million |
| 2003 | -20.17% | -8.14% | 1.63x | 1.52x | Skr-93.34 Million |
| 2004 | 4.28% | 0.98% | 2.76x | 1.58x | Skr-15.22 Million |
| 2005 | -19.44% | 0.00% | 0.00x | 1.73x | Skr-66.78 Million |
| 2006 | 20.09% | 4.56% | 2.58x | 1.71x | Skr27.78 Million |
| 2007 | 22.24% | 4.87% | 2.67x | 1.71x | Skr35.94 Million |
| 2008 | 29.56% | 5.74% | 2.87x | 1.80x | Skr54.66 Million |
| 2009 | 8.44% | 1.41% | 3.10x | 1.93x | Skr-3.41 Million |
| 2010 | -42.67% | -4.31% | 3.50x | 2.83x | Skr-72.38 Million |
| 2011 | 14.25% | 1.44% | 3.46x | 2.87x | Skr4.81 Million |
| 2012 | -32.26% | -2.60% | 3.68x | 3.37x | Skr-33.45 Million |
| 2013 | -32.91% | -2.72% | 3.44x | 3.51x | Skr-25.88 Million |
| 2014 | 0.11% | 0.01% | 3.56x | 2.90x | Skr-6.71 Million |
| 2015 | 20.26% | 2.02% | 3.25x | 3.08x | Skr7.75 Million |
| 2016 | 14.33% | 1.49% | 3.19x | 3.02x | Skr3.53 Million |
| 2017 | 14.86% | 1.70% | 3.05x | 2.86x | Skr4.29 Million |
| 2018 | 7.86% | 0.59% | 3.65x | 3.67x | Skr-3.10 Million |
| 2019 | 15.47% | 1.41% | 3.49x | 3.14x | Skr8.38 Million |
| 2020 | 4.42% | 0.48% | 2.93x | 3.11x | Skr-8.95 Million |
| 2021 | 37.90% | 4.24% | 2.99x | 2.99x | Skr59.35 Million |
| 2022 | 26.19% | 2.92% | 3.07x | 2.92x | Skr37.65 Million |
| 2023 | -6.99% | -0.71% | 3.10x | 3.16x | Skr-35.03 Million |
| 2024 | -47.47% | -3.93% | 3.63x | 3.33x | Skr-76.15 Million |
Industry Comparison
This section compares Pion Group AB Series B's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $94,865,778
- Average return on equity (ROE) among peers: 17.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pion Group AB Series B (PION-B) | Skr128.60 Million | -8.53% | 2.55x | $8.20 Million |
| Dedicare AB (publ) (DEDI) | $262.56 Million | 38.58% | 1.83x | $19.75 Million |
| eWork Group AB (EWRK) | $155.61 Million | 50.70% | 20.31x | $54.75 Million |
| Hedera Group publ AB (HEGR) | $56.59 Million | 4.59% | 1.60x | $1.44 Million |
| Job Solution Sweden Holding AB (JOBS) | $71.04 Million | 17.69% | 2.28x | $28.10K |
| NGS Group AB (publ) (NGS) | $92.17 Million | -77.99% | 0.70x | $490.92K |
| NetJobs Group AB (NJOB) | $11.33 Million | -15.96% | 0.59x | $309.00K |
| Ogunsen AB Series B (OGUN-B) | $80.36 Million | 45.64% | 0.87x | $19.63 Million |
| Veteranpoolen AB Series B (VPAB-B) | $75.81 Million | 76.48% | 1.20x | $52.14K |
| Wise Group AB (WISE) | $48.33 Million | 17.74% | 0.76x | $5.45 Million |