Purmo Group Oyj
Purmo Group Oyj provides indoor climate comfort solutions worldwide. It operates in two divisions, Climate Products & Systems; and Climate Solutions. The company manufactures panel, tubular, and electric radiators; radiant heating and cooling products, including underfloor heating, air heating and cooling, water distribution systems, and system components and controls to residential and non-resid… Read more
Purmo Group Oyj (PURMO) - Total Assets
Latest total assets as of September 2024: €968.00 Million EUR
Based on the latest financial reports, Purmo Group Oyj (PURMO) holds total assets worth €968.00 Million EUR as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Purmo Group Oyj - Total Assets Trend (2017–2023)
This chart illustrates how Purmo Group Oyj’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Purmo Group Oyj - Asset Composition Analysis
Current Asset Composition (December 2023)
Purmo Group Oyj's total assets of €968.00 Million consist of 37.0% current assets and 63.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 11.2% |
| Accounts Receivable | €103.90 Million | 10.4% |
| Inventory | €143.70 Million | 14.4% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €45.80 Million | 4.6% |
| Goodwill | €370.60 Million | 37.1% |
Asset Composition Trend (2017–2023)
This chart illustrates how Purmo Group Oyj's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Purmo Group Oyj's current assets represent 37.0% of total assets in 2023, a decrease from 100.0% in 2017.
- Cash Position: Cash and equivalents constituted 11.2% of total assets in 2023, up from 0.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 41.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 37.1% of total assets.
Purmo Group Oyj Competitors by Total Assets
Key competitors of Purmo Group Oyj based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Huasu Holdings Co Ltd
SHE:000509
|
China | CN¥871.41 Million |
|
Wuhu Conch Profiles and Science Co Ltd
SHE:000619
|
China | CN¥5.36 Billion |
|
Beijing New Building Materials Public Ltd Co
SHE:000786
|
China | CN¥36.78 Billion |
|
Yantai Moon Co Ltd
SHE:000811
|
China | CN¥12.54 Billion |
|
Tangshan Jidong Equipment Engineering Co Ltd
SHE:000856
|
China | CN¥2.25 Billion |
|
Arrow Home Group Co. Ltd. A
SHE:001322
|
China | CN¥9.20 Billion |
|
Shandong Luyang Share Co Ltd
SHE:002088
|
China | CN¥3.23 Billion |
|
Everjoy Health Group Co Ltd
SHE:002162
|
China | CN¥2.01 Billion |
Purmo Group Oyj - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Purmo Group Oyj generates 0.74x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Purmo Group Oyj is currently not profitable relative to its asset base.
Purmo Group Oyj - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.69 | 1.99 | 0.00 |
| Quick Ratio | 0.92 | 1.15 | -0.42 |
| Cash Ratio | 0.00 | 0.46 | 0.00 |
| Working Capital | €137.70 Million | € 193.00 Million | € -248.20 Million |
Purmo Group Oyj - Advanced Valuation Insights
This section examines the relationship between Purmo Group Oyj's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.17 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 1.4% |
| Total Assets | €997.80 Million |
| Market Capitalization | $14.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values Purmo Group Oyj's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Purmo Group Oyj's assets grew by 1.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Purmo Group Oyj (2017–2023)
The table below shows the annual total assets of Purmo Group Oyj from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €997.80 Million | +1.43% |
| 2022-12-31 | €983.70 Million | -5.97% |
| 2021-12-31 | €1.05 Billion | +62654110.09% |
| 2020-12-31 | €1.67K | -27.79% |
| 2019-12-31 | €2.31K | -20.81% |
| 2018-12-31 | €2.92K | -11.52% |
| 2017-12-31 | €3.30K | -- |