Solaer Israel Ltd
Solaer Renewable Energies Ltd engages in the ground-based photovoltaic business in Israel, Spain, Italy, Poland, and Chile. It also develops water desalination, wind power, and energy storage. The company was founded in 2008 and is based in Rehovot, Israel.
Solaer Israel Ltd (SOLR) - Net Assets
Latest net assets as of September 2025: ILA252.90 Million ILA
Based on the latest financial reports, Solaer Israel Ltd (SOLR) has net assets worth ILA252.90 Million ILA as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA1.77 Billion) and total liabilities (ILA1.52 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 | ILA252.90 Million |
| % of Total Assets | 14.25% |
| Annual Growth Rate | 69.52% |
| 5-Year Change | 322.32% |
| 10-Year Change | N/A |
| Growth Volatility | 126.33 |
Solaer Israel Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Solaer Israel Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Solaer Israel Ltd (2018–2024)
The table below shows the annual net assets of Solaer Israel Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA242.28 Million | -7.65% |
| 2023-12-31 | ILA262.35 Million | +41.97% |
| 2022-12-31 | ILA184.80 Million | -7.45% |
| 2021-12-31 | ILA199.68 Million | +248.06% |
| 2020-12-31 | ILA57.37 Million | +1462.04% |
| 2019-12-31 | ILA-4.21 Million | -141.29% |
| 2018-12-31 | ILA10.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Solaer Israel Ltd'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 5745200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ILA302.50 Million | 136.26% |
| Total Equity | ILA222.00 Million | 100.00% |
Solaer Israel Ltd Competitors by Market Cap
The table below lists competitors of Solaer Israel Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Direct Communication Solutions Inc
PINK:DCSX
|
$3.59 Million |
|
MCGRAW HILL FIN - Dusseldorf Stock Exchang
DU:MHL
|
$3.60 Million |
|
PT Bersama Mencapai Puncak Tbk
JK:BAIK
|
$3.60 Million |
|
AYR WELLNESS INC.RES.VTG.
F:3KJB
|
$3.60 Million |
|
Perrot Duval Holding SA
SW:PEDU
|
$3.59 Million |
|
CN Energy Group Inc
NASDAQ:CNEY
|
$3.59 Million |
|
AuQ Gold Mining Inc
PINK:NSVLF
|
$3.59 Million |
|
Next Biometrics Group ASA
OL:NEXT
|
$3.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solaer Israel Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 250,460,000 to 222,003,000, a change of -28,457,000 (-11.4%).
- Net loss of 52,431,000 reduced equity.
- Other factors increased equity by 23,974,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-52.43 Million | -23.62% |
| Other Changes | ILA23.97 Million | +10.8% |
| Total Change | ILA- | -11.36% |
Book Value vs Market Value Analysis
This analysis compares Solaer Israel Ltd'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: 494.28x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 8176.44x to 494.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ILA0.82 | ILA6686.00 | x |
| 2019-12-31 | ILA-0.38 | ILA6686.00 | x |
| 2020-12-31 | ILA0.96 | ILA6686.00 | x |
| 2021-12-31 | ILA12.66 | ILA6686.00 | x |
| 2022-12-31 | ILA11.45 | ILA6686.00 | x |
| 2023-12-31 | ILA18.08 | ILA6686.00 | x |
| 2024-12-31 | ILA13.53 | ILA6686.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solaer Israel Ltd 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): -23.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -49.59%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 6.87x
- Recent ROE (-23.62%) is below the historical average (0.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -88.42% | -123.31% | 0.18x | 3.95x | ILA-10.04 Million |
| 2019 | 0.00% | -52.11% | 0.18x | 0.00x | ILA-6.85 Million |
| 2020 | 149.85% | 173.39% | 0.02x | 38.72x | ILA16.70 Million |
| 2021 | -15.59% | -187.02% | 0.02x | 4.74x | ILA-42.18 Million |
| 2022 | -18.12% | -74.46% | 0.04x | 6.51x | ILA-44.71 Million |
| 2023 | -2.98% | -15.63% | 0.04x | 5.09x | ILA-32.50 Million |
| 2024 | -23.62% | -49.59% | 0.07x | 6.87x | ILA-74.63 Million |
Industry Comparison
This section compares Solaer Israel Ltd's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $48,694,333
- Average return on equity (ROE) among peers: -12.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solaer Israel Ltd (SOLR) | ILA252.90 Million | -88.42% | 6.02x | $3.59 Million |
| Apollo Power Ltd (APLP) | $179.60 Million | -48.26% | 0.50x | $784.30K |
| OY Nofar Energy Ltd (NOFR) | $19.58 Million | 11.22% | 2.90x | $16.42 Million |
| Tigi Ltd (TIGI) | $-53.10 Million | 0.00% | 0.00x | $34.03K |