Solteq PLC
Solteq Oyj, an IT services and software solutions company, engages in the digitalization of business and industry-specific software in Finland, Sweden, Norway, Denmark, Poland, and the United Kingdom. It operates in two segments, Utilities, and Retail & Commerce. The company provides Smart Dealer, a cloud-based solution suite that comprises Solteq's after-sales system web service and Alma Ajo's r… Read more
Solteq PLC (SOLTEQ) - Total Assets
Latest total assets as of June 2025: €50.76 Million EUR
Based on the latest financial reports, Solteq PLC (SOLTEQ) holds total assets worth €50.76 Million EUR as of June 2025.
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.
Solteq PLC - Total Assets Trend (2000–2024)
This chart illustrates how Solteq PLC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Solteq PLC - Asset Composition Analysis
Current Asset Composition (December 2024)
Solteq PLC's total assets of €50.76 Million consist of 18.3% current assets and 81.7% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €3.28 Million | 6.3% |
| Accounts Receivable | €5.11 Million | 9.8% |
| Inventory | €34.00K | 0.1% |
| Property, Plant & Equipment | €1.73 Million | 3.3% |
| Intangible Assets | €532.00K | 1.0% |
| Goodwill | €38.57 Million | 74.1% |
Asset Composition Trend (2000–2024)
This chart illustrates how Solteq PLC'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: Solteq PLC's current assets represent 18.3% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 6.3% of total assets in 2024, down from 9.1% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 75.0% of total assets, an increase from 21.0% in 2000.
- Asset Diversification: The largest asset category is goodwill at 74.1% of total assets.
Solteq PLC Competitors by Total Assets
Key competitors of Solteq PLC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shijihengtong Technology Co. Ltd. A
SHE:301428
|
China | CN¥2.48 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
China | CN¥4.24 Billion |
Solteq PLC - 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 - Solteq PLC generates 0.98x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Solteq PLC is currently not profitable relative to its asset base.
Solteq PLC - 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 | 0.54 | 0.27 | 0.38 |
| Quick Ratio | 0.54 | 0.26 | 0.38 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-7.02 Million | € -28.07 Million | € -25.80 Million |
Solteq PLC - Advanced Valuation Insights
This section examines the relationship between Solteq PLC'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 | 0.61 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -9.0% |
| Total Assets | €52.04 Million |
| Market Capitalization | $3.44 Million USD |
Valuation Analysis
Below Book Valuation: The market values Solteq PLC's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Solteq PLC's assets decreased by 9.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Solteq PLC (2000–2024)
The table below shows the annual total assets of Solteq PLC from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €52.04 Million | -9.01% |
| 2023-12-31 | €57.19 Million | -23.07% |
| 2022-12-31 | €74.34 Million | -1.94% |
| 2021-12-31 | €75.81 Million | +1.51% |
| 2020-12-31 | €74.68 Million | -2.99% |
| 2019-12-31 | €76.98 Million | +13.42% |
| 2018-12-31 | €67.87 Million | +10.43% |
| 2017-12-31 | €61.46 Million | +0.38% |
| 2016-12-31 | €61.23 Million | -4.70% |
| 2015-12-31 | €64.25 Million | +156.61% |
| 2014-12-31 | €25.04 Million | -1.37% |
| 2013-12-31 | €25.39 Million | -6.31% |
| 2012-12-31 | €27.10 Million | +55.96% |
| 2011-12-31 | €17.37 Million | +0.95% |
| 2010-12-31 | €17.21 Million | -18.55% |
| 2009-12-31 | €21.13 Million | -4.10% |
| 2008-12-31 | €22.03 Million | -0.06% |
| 2007-12-31 | €22.05 Million | +8.35% |
| 2006-12-31 | €20.35 Million | +41.52% |
| 2005-12-31 | €14.38 Million | -9.36% |
| 2004-12-31 | €15.86 Million | -0.75% |
| 2003-12-31 | €15.98 Million | +1.70% |
| 2002-12-31 | €15.71 Million | -9.17% |
| 2001-12-31 | €17.30 Million | -11.33% |
| 2000-12-31 | €19.51 Million | -- |