White Pearl Technology Group B (WPTG-B) - Net Assets
Based on the latest financial reports, White Pearl Technology Group B (WPTG-B) has net assets worth Skr252.95 Million SEK (≈ $27.22 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr356.78 Million ≈ $38.39 Million USD) and total liabilities (Skr103.83 Million ≈ $11.17 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. For live market cap and overall valuation, see market cap of White Pearl Technology Group B.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr252.95 Million |
| % of Total Assets | 70.9% |
| Annual Growth Rate | 74.73% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.87 |
White Pearl Technology Group B - Net Assets Trend (2022–2025)
This chart illustrates how White Pearl Technology Group B's net assets have evolved over time, based on quarterly financial data.
Annual Net Assets for White Pearl Technology Group B (2022–2025)
The table below shows the annual net assets of White Pearl Technology Group B from 2022 to 2025. See WPTG-B net asset quality index to measure how much of total assets are equity-financed.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr234.07 Million ≈ $25.19 Million |
+88.41% |
| 2024-12-31 | Skr124.23 Million ≈ $13.37 Million |
+71.75% |
| 2023-12-31 | Skr72.33 Million ≈ $7.78 Million |
+64.92% |
| 2022-12-31 | Skr43.86 Million ≈ $4.72 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to White Pearl Technology Group 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 grown by 272.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr161.90 Million | 68.81% |
| Other Components | Skr73.37 Million | 31.19% |
| Total Equity | Skr235.27 Million | 100.00% |
White Pearl Technology Group B Competitors by Market Cap
The table below lists competitors of White Pearl Technology Group B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vietnam National Seed Group JSC
VN:NSC
|
$44.14 Million |
|
Brera Holdings PLC
NASDAQ:SLMT
|
$44.15 Million |
|
SRG HOUSING FINANCE ORD (BSE)
NSE:SRGHFL
|
$44.15 Million |
|
Fernheizwerk Neukölln Aktiengesellschaft
F:FHW
|
$44.16 Million |
|
Mr Bricolage
PA:ALMRB
|
$44.11 Million |
|
OssDsign AB
ST:OSSD
|
$44.11 Million |
|
Integrated Logistics Bhd
KLSE:5614
|
$44.11 Million |
|
Daeryuk Can Co. Ltd
KQ:004780
|
$44.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in White Pearl Technology Group B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 123,614,317 to 235,269,692, a change of 111,655,375 (90.3%).
- Net income of 67,701,202 contributed positively to equity growth.
- New share issuances of 13,439,317 increased equity.
- Other factors increased equity by 30,514,856.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr67.70 Million | +28.78% |
| Share Issuances | Skr13.44 Million | +5.71% |
| Other Changes | Skr30.51 Million | +12.97% |
| Total Change | Skr- | 90.33% |
Book Value vs Market Value Analysis
This analysis compares White Pearl Technology Group 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: 1.65x
- 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 0.90x to 1.65x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | Skr14.56 | Skr13.12 | x |
| 2023-12-31 | Skr3.07 | Skr13.12 | x |
| 2024-12-31 | Skr4.58 | Skr13.12 | x |
| 2025-12-31 | Skr7.95 | Skr13.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently White Pearl Technology Group 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): 28.78%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.26%
- • Asset Turnover: 1.55x
- • Equity Multiplier: 1.40x
- Recent ROE (28.78%) is below the historical average (30.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 37.65% | 9.03% | 1.36x | 3.07x | Skr12.10 Million |
| 2023 | 38.01% | 11.26% | 1.50x | 2.25x | Skr19.88 Million |
| 2024 | 17.45% | 6.97% | 1.64x | 1.53x | Skr9.21 Million |
| 2025 | 28.78% | 13.26% | 1.55x | 1.40x | Skr44.17 Million |
Industry Comparison
This section compares White Pearl Technology Group B's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,127,677,700
- Average return on equity (ROE) among peers: 9.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| White Pearl Technology Group B (WPTG-B) | Skr252.95 Million | 37.65% | 0.41x | $44.13 Million |
| Addnode Group AB (publ) (ANOD-B) | $916.64 Million | 10.42% | 1.06x | $646.54 Million |
| Avensia publ AB (AVEN) | $31.52 Million | 18.91% | 1.19x | $24.29 Million |
| B3 Consulting Group AB (B3) | $122.45 Million | 19.09% | 2.48x | $20.79 Million |
| CAG Group AB (publ) (CAG) | $89.53 Million | 28.37% | 2.14x | $72.97 Million |
| CombinedX AB (CX) | $226.90 Million | 21.73% | 0.88x | $81.75 Million |
| Dustin Group AB (DUST) | $5.08 Billion | 9.39% | 2.12x | $275.23 Million |
| Exsitec Holding AB (EXS) | $510.13 Million | 16.83% | 1.20x | $164.76 Million |
| Fram Skandinavien AB Series B (FRAM-B) | $38.98 Million | -33.51% | 0.50x | $1.50 Million |
| Know IT AB (KNOW) | $4.17 Billion | 5.75% | 0.69x | $281.40 Million |
| Novotek AB (NTEK-B) | $89.93 Million | 1.38% | 0.77x | $62.48 Million |
About White Pearl Technology Group B
White Pearl Technology Group AB, together with its subsidiaries, engages in selling various technology solutions and products in Sweden, Africa, the Middle East, Asia, and Latin America. It offers ICT services, such as cloud hosting solution that enables businesses to streamline their operations and reduce costs; security services to protect critical assets, safeguard data, and compliance with in… Read more