Swiss Steel Holding AG (STLN) - Net Assets
Based on the latest financial reports, Swiss Steel Holding AG (STLN) has net assets worth CHF322.80 Million CHF (≈ $408.11 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF1.68 Billion ≈ $2.12 Billion USD) and total liabilities (CHF1.35 Billion ≈ $1.71 Billion 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 STLN asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CHF322.80 Million |
| % of Total Assets | 19.26% |
| Annual Growth Rate | 2.49% |
| 5-Year Change | 94.34% |
| 10-Year Change | -56.99% |
| Growth Volatility | 47.9 |
Swiss Steel Holding AG - Net Assets Trend (2002–2024)
This chart illustrates how Swiss Steel Holding AG's net assets have evolved over time, based on quarterly financial data. Also explore Swiss Steel Holding AG assets under control for the complete picture of this company's asset base.
Annual Net Assets for Swiss Steel Holding AG (2002–2024)
The table below shows the annual net assets of Swiss Steel Holding AG from 2002 to 2024. For live valuation and market cap data, see Swiss Steel Holding AG (STLN) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CHF322.80 Million ≈ $408.11 Million |
+37.71% |
| 2023-12-31 | CHF234.40 Million ≈ $296.34 Million |
-55.85% |
| 2022-12-31 | CHF530.90 Million ≈ $671.20 Million |
+18.27% |
| 2021-12-31 | CHF448.90 Million ≈ $567.53 Million |
+170.26% |
| 2020-12-31 | CHF166.10 Million ≈ $210.00 Million |
-9.58% |
| 2019-12-31 | CHF183.70 Million ≈ $232.25 Million |
-74.04% |
| 2018-12-31 | CHF707.70 Million ≈ $894.72 Million |
-1.37% |
| 2017-12-31 | CHF717.50 Million ≈ $907.11 Million |
+7.49% |
| 2016-12-31 | CHF667.50 Million ≈ $843.90 Million |
-11.07% |
| 2015-12-31 | CHF750.60 Million ≈ $948.96 Million |
-16.68% |
| 2014-12-31 | CHF900.90 Million ≈ $1.14 Billion |
+1.24% |
| 2013-12-31 | CHF889.90 Million ≈ $1.13 Billion |
+39.03% |
| 2012-12-31 | CHF640.10 Million ≈ $809.26 Million |
-24.18% |
| 2011-12-31 | CHF844.20 Million ≈ $1.07 Billion |
+6.08% |
| 2010-12-31 | CHF795.80 Million ≈ $1.01 Billion |
+50.89% |
| 2009-12-31 | CHF527.40 Million ≈ $666.78 Million |
-35.57% |
| 2008-12-31 | CHF818.50 Million ≈ $1.03 Billion |
+14.67% |
| 2007-12-31 | CHF713.80 Million ≈ $902.44 Million |
+25.49% |
| 2006-12-31 | CHF568.80 Million ≈ $719.12 Million |
+77.09% |
| 2005-12-31 | CHF321.20 Million ≈ $406.08 Million |
+27.46% |
| 2004-12-31 | CHF252.00 Million ≈ $318.60 Million |
+21.15% |
| 2003-12-31 | CHF208.00 Million ≈ $262.97 Million |
+10.64% |
| 2002-12-31 | CHF188.00 Million ≈ $237.68 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Swiss Steel Holding AG'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 1163.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CHF446.30 Million | 140.74% |
| Other Components | CHF1.27 Billion | 401.17% |
| Total Equity | CHF317.10 Million | 100.00% |
Swiss Steel Holding AG Competitors by Market Cap
The table below lists competitors of Swiss Steel Holding AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Drone Volt SA
PA:ALDRV
|
$40.04 Million |
|
Fodelia
HE:FODELIA
|
$40.09 Million |
|
Lohakit Metal Public Company Limited
BK:LHK
|
$40.11 Million |
|
Jeil Technos Co.Ltd
KQ:038010
|
$40.12 Million |
|
SECURE INC.
F:Q58
|
$39.99 Million |
|
IHQ Inc
KO:003560
|
$39.98 Million |
|
Destini Bhd
KLSE:7212
|
$39.97 Million |
|
Guyoung Technology Co. Ltd
KQ:053270
|
$39.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Swiss Steel Holding AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 228,500,000 to 317,100,000, a change of 88,600,000 (38.8%).
- Net loss of 197,000,000 reduced equity.
- Share repurchases of 300,000 reduced equity.
- New share issuances of 293,100,000 increased equity.
- Other comprehensive income decreased equity by 61,399,999.
- Other factors increased equity by 54,199,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CHF-197.00 Million | -62.13% |
| Share Repurchases | CHF300.00K | -0.09% |
| Share Issuances | CHF293.10 Million | +92.43% |
| Other Comprehensive Income | CHF-61.40 Million | -19.36% |
| Other Changes | CHF54.20 Million | +17.09% |
| Total Change | CHF- | 38.77% |
Book Value vs Market Value Analysis
This analysis compares Swiss Steel Holding AG'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: 0.11x
- 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 1.08x to 0.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CHF1.20 | CHF1.30 | x |
| 2006-12-31 | CHF2.14 | CHF1.30 | x |
| 2007-12-31 | CHF2.67 | CHF1.30 | x |
| 2008-12-31 | CHF3.06 | CHF1.30 | x |
| 2009-12-31 | CHF1.98 | CHF1.30 | x |
| 2010-12-31 | CHF4.94 | CHF1.30 | x |
| 2011-12-31 | CHF6.06 | CHF1.30 | x |
| 2012-12-31 | CHF5.35 | CHF1.30 | x |
| 2013-12-31 | CHF542.17 | CHF1.30 | x |
| 2014-12-31 | CHF188.09 | CHF1.30 | x |
| 2015-12-31 | CHF155.57 | CHF1.30 | x |
| 2016-12-31 | CHF138.77 | CHF1.30 | x |
| 2017-12-31 | CHF148.97 | CHF1.30 | x |
| 2018-12-31 | CHF147.96 | CHF1.30 | x |
| 2019-12-31 | CHF0.19 | CHF1.30 | x |
| 2020-12-31 | CHF15.90 | CHF1.30 | x |
| 2021-12-31 | CHF31.24 | CHF1.30 | x |
| 2022-12-31 | CHF34.26 | CHF1.30 | x |
| 2023-12-31 | CHF14.94 | CHF1.30 | x |
| 2024-12-31 | CHF12.22 | CHF1.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Swiss Steel Holding AG 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): -62.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.84%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 5.29x
- Recent ROE (-62.13%) is below the historical average (-34.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 24.77% | 4.64% | 1.60x | 3.34x | CHF47.05 Million |
| 2006 | 25.51% | 5.25% | 1.32x | 3.68x | CHF87.97 Million |
| 2007 | 26.02% | 4.36% | 1.72x | 3.48x | CHF113.48 Million |
| 2008 | 7.75% | 1.53% | 1.53x | 3.29x | CHF-18.25 Million |
| 2009 | -52.66% | -13.45% | 0.92x | 4.24x | CHF-328.41 Million |
| 2010 | 4.88% | 1.24% | 1.22x | 3.23x | CHF-40.57 Million |
| 2011 | 5.09% | 1.08% | 1.44x | 3.25x | CHF-41.19 Million |
| 2012 | -25.05% | -4.42% | 1.48x | 3.82x | CHF-221.49 Million |
| 2013 | -9.72% | -2.61% | 1.38x | 2.70x | CHF-173.66 Million |
| 2014 | 5.39% | 1.44% | 1.33x | 2.82x | CHF-40.98 Million |
| 2015 | -22.89% | -6.30% | 1.27x | 2.86x | CHF-242.56 Million |
| 2016 | -12.38% | -3.53% | 1.13x | 3.10x | CHF-147.70 Million |
| 2017 | 6.22% | 1.64% | 1.27x | 2.99x | CHF-26.74 Million |
| 2018 | -0.21% | -0.05% | 1.31x | 3.63x | CHF-71.33 Million |
| 2019 | -295.02% | -17.48% | 1.55x | 10.87x | CHF-538.66 Million |
| 2020 | -194.85% | -13.56% | 1.33x | 10.78x | CHF-326.12 Million |
| 2021 | 11.33% | 1.57% | 1.43x | 5.04x | CHF5.90 Million |
| 2022 | 1.78% | 0.23% | 1.70x | 4.55x | CHF-43.09 Million |
| 2023 | -129.41% | -9.11% | 1.68x | 8.46x | CHF-318.55 Million |
| 2024 | -62.13% | -7.84% | 1.50x | 5.29x | CHF-228.71 Million |
Industry Comparison
This section compares Swiss Steel Holding AG's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Swiss Steel Holding AG (STLN) | CHF322.80 Million | 24.77% | 4.19x | $40.01 Million |
| Meyer Burger Tech AG (MBTN) | $261.43 Million | -38.44% | 0.88x | $151.86K |
About Swiss Steel Holding AG
Swiss Steel Holding AG produce and sells engineering, stainless, and tool steel products. The company operates through three divisions: Engineering Steel, Stainless Steel, and Tool Steel. It offers engineered steels, including cold upsetting and cold extrusion, free cutting, quenched and tempered, high-strength special, precipitation-hardening ferritic-perlitic, bearing, nitriding, bainitic, and … Read more