Pion Group AB Series B (PION-B) - Net Assets
Based on the latest financial reports, Pion Group AB Series B (PION-B) has net assets worth Skr128.60 Million SEK (≈ $13.84 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 (Skr456.20 Million ≈ $49.09 Million USD) and total liabilities (Skr327.60 Million ≈ $35.25 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. Read total liabilities of Pion Group AB Series B for a breakdown of total debt and financial obligations.
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. Also explore PION-B asset base for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Pion Group AB Series B (PION-B) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr132.70 Million ≈ $14.28 Million |
-36.00% |
| 2023-12-31 | Skr207.35 Million ≈ $22.31 Million |
-11.42% |
| 2022-12-31 | Skr234.08 Million ≈ $25.19 Million |
+9.64% |
| 2021-12-31 | Skr213.49 Million ≈ $22.97 Million |
+32.43% |
| 2020-12-31 | Skr161.21 Million ≈ $17.35 Million |
+4.53% |
| 2019-12-31 | Skr154.22 Million ≈ $16.60 Million |
+6.45% |
| 2018-12-31 | Skr144.87 Million ≈ $15.59 Million |
+64.02% |
| 2017-12-31 | Skr88.33 Million ≈ $9.51 Million |
+8.27% |
| 2016-12-31 | Skr81.58 Million ≈ $8.78 Million |
+8.06% |
| 2015-12-31 | Skr75.50 Million ≈ $8.12 Million |
+11.30% |
| 2014-12-31 | Skr67.83 Million ≈ $7.30 Million |
+12.43% |
| 2013-12-31 | Skr60.33 Million ≈ $6.49 Million |
-23.79% |
| 2012-12-31 | Skr79.16 Million ≈ $8.52 Million |
-29.98% |
| 2011-12-31 | Skr113.06 Million ≈ $12.17 Million |
-19.20% |
| 2010-12-31 | Skr139.92 Million ≈ $15.06 Million |
-36.69% |
| 2009-12-31 | Skr221.00 Million ≈ $23.78 Million |
-20.91% |
| 2008-12-31 | Skr279.42 Million ≈ $30.07 Million |
-4.84% |
| 2007-12-31 | Skr293.62 Million ≈ $31.60 Million |
+6.62% |
| 2006-12-31 | Skr275.40 Million ≈ $29.64 Million |
+21.43% |
| 2005-12-31 | Skr226.80 Million ≈ $24.41 Million |
-14.80% |
| 2004-12-31 | Skr266.20 Million ≈ $28.65 Million |
-13.96% |
| 2003-12-31 | Skr309.40 Million ≈ $33.30 Million |
-40.41% |
| 2002-12-31 | Skr519.20 Million ≈ $55.87 Million |
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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 |
|---|---|
|
KineMaster Corporation
KQ:139670
|
$20.57 Million |
|
Delko S.A.
WAR:DEL
|
$20.57 Million |
|
Hotel Shilla Co Ltd
KO:008775
|
$20.57 Million |
|
TURA GROUP AB
F:8WO
|
$20.58 Million |
|
Artmarket.com SA
PA:PRC
|
$20.55 Million |
|
VentriPoint Diagnostics Ltd
V:VPT
|
$20.53 Million |
|
Daelim Trading
KO:006570
|
$20.52 Million |
|
PIL ITALICA LIFESTYLE LIMITED
NSE:PILITA
|
$20.51 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: 1.87x
- 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 0.23x to 1.87x 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 | Skr5.12 | x |
| 2003-12-31 | Skr13.99 | Skr5.12 | x |
| 2004-12-31 | Skr14.44 | Skr5.12 | x |
| 2005-12-31 | Skr12.30 | Skr5.12 | x |
| 2006-12-31 | Skr14.91 | Skr5.12 | x |
| 2007-12-31 | Skr15.90 | Skr5.12 | x |
| 2008-12-31 | Skr15.69 | Skr5.12 | x |
| 2009-12-31 | Skr12.79 | Skr5.12 | x |
| 2010-12-31 | Skr8.03 | Skr5.12 | x |
| 2011-12-31 | Skr6.60 | Skr5.12 | x |
| 2012-12-31 | Skr4.62 | Skr5.12 | x |
| 2013-12-31 | Skr3.52 | Skr5.12 | x |
| 2014-12-31 | Skr3.96 | Skr5.12 | x |
| 2015-12-31 | Skr4.41 | Skr5.12 | x |
| 2016-12-31 | Skr4.76 | Skr5.12 | x |
| 2017-12-31 | Skr5.16 | Skr5.12 | x |
| 2018-12-31 | Skr3.11 | Skr5.12 | x |
| 2019-12-31 | Skr3.29 | Skr5.12 | x |
| 2020-12-31 | Skr3.44 | Skr5.12 | x |
| 2021-12-31 | Skr4.56 | Skr5.12 | x |
| 2022-12-31 | Skr4.94 | Skr5.12 | x |
| 2023-12-31 | Skr4.28 | Skr5.12 | x |
| 2024-12-31 | Skr2.74 | Skr5.12 | 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: $49,883,000
- Average return on equity (ROE) among peers: 8.27%
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 | $20.56 Million |
| Dedicare AB (publ) (DEDI) | $66.09 Million | 43.00% | 1.42x | $37.05 Million |
| eWork Group AB (EWRK) | $126.22 Million | 25.40% | 8.46x | $119.06 Million |
| Hedera Group publ AB (HEGR) | $8.81 Million | -86.06% | 0.27x | $1.91 Million |
| Job Solution Sweden Holding AB (JOBS) | $36.48 Million | 4.15% | 1.69x | $17.38 Million |
| NGS Group AB (publ) (NGS) | $61.84 Million | 18.43% | 0.59x | $6.49 Million |
| NetJobs Group AB (NJOB) | $-1.29 Million | 0.00% | 0.00x | $2.93 Million |
| Ogunsen AB Series B (OGUN-B) | $61.02 Million | 51.18% | 0.92x | $29.81 Million |
| Wise Group AB (WISE) | $39.92 Million | 10.07% | 0.77x | $13.56 Million |
About 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