Re:NewCell AB (publ)
Re:NewCell AB (publ) operates as a textile recycling company in Sweden. It produces and sells dissolving pulp from recycled textiles under the Circulose brand. The company sells its dissolving pulp products to producers of man-made cellulosic fiber, such as viscose, modal, lyocell, and other regenerated fibers. Re:NewCell AB (publ) was incorporated in 2012 and is headquartered in Stockholm, Swede… Read more
Re:NewCell AB (publ) (RENEW) - Total Assets
Latest total assets as of September 2023: Skr2.03 Billion SEK
Based on the latest financial reports, Re:NewCell AB (publ) (RENEW) holds total assets worth Skr2.03 Billion SEK as of September 2023.
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.
Re:NewCell AB (publ) - Total Assets Trend (2017–2022)
This chart illustrates how Re:NewCell AB (publ)’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Re:NewCell AB (publ) - Asset Composition Analysis
Current Asset Composition (December 2022)
Re:NewCell AB (publ)'s total assets of Skr2.03 Billion consist of 27.6% current assets and 72.5% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 6.4% |
| Accounts Receivable | Skr210.68 Million | 11.5% |
| Inventory | Skr177.53 Million | 9.7% |
| Property, Plant & Equipment | Skr1.32 Billion | 71.8% |
| Intangible Assets | Skr10.92 Million | 0.6% |
| Goodwill | Skr0.00 | 0.0% |
Asset Composition Trend (2017–2022)
This chart illustrates how Re:NewCell AB (publ)'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: Re:NewCell AB (publ)'s current assets represent 27.6% of total assets in 2022, a decrease from 29.2% in 2017.
- Cash Position: Cash and equivalents constituted 6.4% of total assets in 2022, down from 26.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is property, plant & equipment at 71.8% of total assets.
Re:NewCell AB (publ) Competitors by Total Assets
Key competitors of Re:NewCell AB (publ) based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465
|
Taiwan | NT$1.71 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
China | CN¥857.96 Million |
Re:NewCell AB (publ) - 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 - Re:NewCell AB (publ) generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Re:NewCell AB (publ) is currently not profitable relative to its asset base.
Re:NewCell AB (publ) - 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 | 1.38 | 2.53 | 5.09 |
| Quick Ratio | 1.00 | 1.73 | 5.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr109.50 Million | Skr 260.54 Million | Skr 34.15 Million |
Re:NewCell AB (publ) - Advanced Valuation Insights
This section examines the relationship between Re:NewCell AB (publ)'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 | 0.27 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 64.6% |
| Total Assets | Skr1.84 Billion |
| Market Capitalization | $14.20 Million USD |
Valuation Analysis
Below Book Valuation: The market values Re:NewCell AB (publ)'s assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Re:NewCell AB (publ)'s assets grew by 64.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Re:NewCell AB (publ) (2017–2022)
The table below shows the annual total assets of Re:NewCell AB (publ) from 2017 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | Skr1.84 Billion | +64.58% |
| 2021-12-31 | Skr1.12 Billion | +34.79% |
| 2020-12-31 | Skr827.29 Million | +695.75% |
| 2019-12-31 | Skr103.96 Million | +16.90% |
| 2018-12-31 | Skr88.93 Million | +11.30% |
| 2017-12-31 | Skr79.90 Million | -- |