Volvo Car AB (publ.) (VOLCAR-B) - Net Assets
Based on the latest financial reports, Volvo Car AB (publ.) (VOLCAR-B) has net assets worth Skr146.14 Billion SEK as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr375.27 Billion) and total liabilities (Skr229.13 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 | Skr146.14 Billion |
| % of Total Assets | 38.94% |
| Annual Growth Rate | 16.87% |
| 5-Year Change | 101.94% |
| 10-Year Change | 310.56% |
| Growth Volatility | 11.56 |
Volvo Car AB (publ.) - Net Assets Trend (2012–2024)
This chart illustrates how Volvo Car AB (publ.)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Volvo Car AB (publ.) (2012–2024)
The table below shows the annual net assets of Volvo Car AB (publ.) from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr142.20 Billion | +8.98% |
| 2023-12-31 | Skr130.49 Billion | +11.26% |
| 2022-12-31 | Skr117.28 Billion | +23.48% |
| 2021-12-31 | Skr94.98 Billion | +34.88% |
| 2020-12-31 | Skr70.42 Billion | +10.64% |
| 2019-12-31 | Skr63.65 Billion | +3.91% |
| 2018-12-31 | Skr61.25 Billion | +12.06% |
| 2017-12-31 | Skr54.66 Billion | +26.21% |
| 2016-12-31 | Skr43.31 Billion | +25.05% |
| 2015-12-31 | Skr34.63 Billion | +1.07% |
| 2014-12-31 | Skr34.27 Billion | +39.09% |
| 2013-12-31 | Skr24.64 Billion | +12.50% |
| 2012-12-31 | Skr21.90 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Volvo Car 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 grown by 635.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr95.05 Billion | 69.14% |
| Common Stock | Skr61.00 Million | 0.04% |
| Other Comprehensive Income | Skr2.25 Billion | 1.64% |
| Other Components | Skr40.11 Billion | 29.18% |
| Total Equity | Skr137.46 Billion | 100.00% |
Volvo Car AB (publ.) Competitors by Market Cap
The table below lists competitors of Volvo Car AB (publ.) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inpost SA
AS:INPST
|
$7.62 Billion |
|
A2A S.p.A
F:EAM
|
$7.62 Billion |
|
Planet Labs PBC
NYSE:PL
|
$7.65 Billion |
|
Macronix International Co Ltd
TW:2337
|
$7.65 Billion |
|
Thai Beverage Public Company Limited
F:T6W
|
$7.61 Billion |
|
Svenska Cellulosa Aktiebolaget SCA (publ)
ST:SCA-B
|
$7.61 Billion |
|
GlobalWafers Co Ltd
TWO:6488
|
$7.61 Billion |
|
NexGen Energy Ltd.
NYSE:NXE
|
$7.61 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Volvo Car AB (publ.)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 126,371,000,000 to 137,461,000,000, a change of 11,090,000,000 (8.8%).
- Net income of 15,401,000,000 contributed positively to equity growth.
- Share repurchases of 190,000,000 reduced equity.
- Other comprehensive income decreased equity by 3,859,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr15.40 Billion | +11.2% |
| Share Repurchases | Skr190.00 Million | -0.14% |
| Other Comprehensive Income | Skr-3.86 Billion | -2.81% |
| Other Changes | Skr-262.00 Million | -0.19% |
| Total Change | Skr- | 8.78% |
Book Value vs Market Value Analysis
This analysis compares Volvo Car 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: 0.52x
- 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.
- The price-to-book ratio has decreased from 1.09x to 0.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Skr21.90 | Skr23.89 | x |
| 2015-12-31 | Skr325500.00 | Skr23.89 | x |
| 2016-12-31 | Skr790.72 | Skr23.89 | x |
| 2017-12-31 | Skr16.23 | Skr23.89 | x |
| 2018-12-31 | Skr20.68 | Skr23.89 | x |
| 2019-12-31 | Skr17.94 | Skr23.89 | x |
| 2020-12-31 | Skr19.78 | Skr23.89 | x |
| 2021-12-31 | Skr35.05 | Skr23.89 | x |
| 2022-12-31 | Skr38.24 | Skr23.89 | x |
| 2023-12-31 | Skr42.40 | Skr23.89 | x |
| 2024-12-31 | Skr46.16 | Skr23.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Volvo Car 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): 11.20%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.85%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 2.82x
- Recent ROE (11.20%) is above the historical average (10.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -2.70% | -0.48% | 1.62x | 3.51x | Skr-2.78 Billion |
| 2013 | 3.90% | 0.79% | 1.40x | 3.56x | Skr-1.50 Billion |
| 2014 | 1.65% | 0.39% | 1.12x | 3.76x | Skr-2.74 Billion |
| 2015 | 9.62% | 1.91% | 1.21x | 4.17x | Skr-125.00 Million |
| 2016 | 15.03% | 3.29% | 1.07x | 4.27x | Skr1.99 Billion |
| 2017 | 16.34% | 3.82% | 1.05x | 4.07x | Skr3.09 Billion |
| 2018 | 12.94% | 2.71% | 1.20x | 4.00x | Skr1.55 Billion |
| 2019 | 17.82% | 3.50% | 1.13x | 4.52x | Skr4.21 Billion |
| 2020 | 13.11% | 2.96% | 1.00x | 4.42x | Skr1.85 Billion |
| 2021 | 13.88% | 4.45% | 0.99x | 3.14x | Skr3.50 Billion |
| 2022 | 13.67% | 4.72% | 1.00x | 2.90x | Skr4.18 Billion |
| 2023 | 10.33% | 3.27% | 1.08x | 2.91x | Skr415.90 Million |
| 2024 | 11.20% | 3.85% | 1.03x | 2.82x | Skr1.65 Billion |
Industry Comparison
This section compares Volvo Car AB (publ.)'s net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $13,981,174
- Average return on equity (ROE) among peers: -20.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Volvo Car AB (publ.) (VOLCAR-B) | Skr146.14 Billion | -2.70% | 1.57x | $7.62 Billion |
| Clean Motion AB (CLEMO) | $29.17 Million | -22.16% | 0.85x | $2.61 Million |
| Ellwee AB (ELLWEE) | $50.00K | 0.00% | 0.00x | $224.35K |
| Nilsson Special Vehicles publ AB (NILS) | $12.72 Million | -40.37% | 3.09x | $2.16 Million |
About Volvo Car AB (publ.)
Volvo Car AB (publ.) designs, develops, manufactures, markets, and sells cars in Sweden and internationally. The company offers battery electric vehicles; non-battery electric vehicles, such as plug-in hybrid, mild hybrid, and internal combustion engine cars; and electrified cars, as well as SUV, estate, and saloon cars. It also provides vehicle parts and accessories, as well as provides maintena… Read more