Hexicon AB
Hexicon AB (publ) develops floating offshore wind power projects in Sweden and Asia. The company also provides TwinWind, a floating foundation with two turbines to optimize the use of sea surface and increase electricity generation. Hexicon AB (publ) was incorporated in 2009 and is headquartered in Stockholm, Sweden.
Hexicon AB (HEXI) - Total Assets
Latest total assets as of September 2025: Skr599.70 Million SEK
Based on the latest financial reports, Hexicon AB (HEXI) holds total assets worth Skr599.70 Million SEK as of September 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.
Hexicon AB - Total Assets Trend (2019–2024)
This chart illustrates how Hexicon AB’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hexicon AB - Asset Composition Analysis
Current Asset Composition (December 2024)
Hexicon AB's total assets of Skr599.70 Million consist of 60.6% current assets and 39.5% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 3.8% |
| Accounts Receivable | Skr102.03 Million | 17.0% |
| Inventory | Skr0.00 | 0.0% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr172.84 Million | 28.9% |
| Goodwill | Skr12.91 Million | 2.2% |
Asset Composition Trend (2019–2024)
This chart illustrates how Hexicon AB'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: Hexicon AB's current assets represent 60.6% of total assets in 2024, an increase from 22.9% in 2019.
- Cash Position: Cash and equivalents constituted 3.8% of total assets in 2024, up from 1.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 30.0% of total assets, a decrease from 74.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 28.9% of total assets.
Hexicon AB Competitors by Total Assets
Key competitors of Hexicon AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Ecobeauty Co Ltd
SHE:000010
|
China | CN¥2.72 Billion |
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
China | CN¥67.22 Billion |
|
NORINCO International Cooperation Ltd
SHE:000065
|
China | CN¥25.28 Billion |
|
Shenzhen Tagen Group Co Ltd
SHE:000090
|
China | CN¥63.35 Billion |
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
China | CN¥173.93 Billion |
|
Jinyuan Cement Co Ltd
SHE:000546
|
China | CN¥5.66 Billion |
|
Hunan Investment Group Co Ltd
SHE:000548
|
China | CN¥2.46 Billion |
|
ChengDu Hi-Tech Development Co Ltd
SHE:000628
|
China | CN¥12.49 Billion |
Hexicon AB - 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
Lower asset utilization - Hexicon AB generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hexicon AB is currently not profitable relative to its asset base.
Hexicon AB - 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 | 2.51 | 0.71 | 4.16 |
| Quick Ratio | 2.51 | 0.71 | 4.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr209.50 Million | Skr -147.00 Million | Skr 82.21 Million |
Hexicon AB - Advanced Valuation Insights
This section examines the relationship between Hexicon AB'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 | 1.72 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 19.4% |
| Total Assets | Skr599.20 Million |
| Market Capitalization | $2.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hexicon AB's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Hexicon AB's assets grew by 19.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Hexicon AB (2019–2024)
The table below shows the annual total assets of Hexicon AB from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Skr599.20 Million | +19.45% |
| 2023-12-31 | Skr501.64 Million | +11.09% |
| 2022-12-31 | Skr451.58 Million | +4.49% |
| 2021-12-31 | Skr432.18 Million | +266.56% |
| 2020-12-31 | Skr117.90 Million | +315.92% |
| 2019-12-31 | Skr28.35 Million | -- |