Windon Energy Group AB

ST:WEG Sweden Solar
Market Cap
$1.43 Million
Skr16.05 Million SEK
Market Cap Rank
#36413 Global
#590 in Sweden
Share Price
Skr0.88
Change (1 day)
+6.67%
52-Week Range
Skr0.83 - Skr2.98
All Time High
Skr7.24
About

Windon Energy Group AB operates in the energy sector. The company offers solar panels, inverters, batteries, wind turbines, and assembly materials. It also provides mounting system. The company was formerly known as HODL SPAC Europe AB and changed its name to Windon Energy Group AB in June 2023. The company was incorporated in 2021 and is based in Norrköping, Sweden.

Windon Energy Group AB (WEG) - Total Assets

Latest total assets as of September 2025: Skr37.70 Million SEK

Based on the latest financial reports, Windon Energy Group AB (WEG) holds total assets worth Skr37.70 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.

Windon Energy Group AB - Total Assets Trend (2021–2024)

This chart illustrates how Windon Energy Group AB’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Windon Energy Group AB - Asset Composition Analysis

Current Asset Composition (September 2024)

Windon Energy Group AB's total assets of Skr37.70 Million consist of 30.3% current assets and 69.7% non-current assets.

Asset Category Amount (SEK) % of Total Assets
Cash & Equivalents Skr0.00 7.3%
Accounts Receivable Skr3.98 Million 8.5%
Inventory Skr6.76 Million 14.5%
Property, Plant & Equipment Skr0.00 0.0%
Intangible Assets Skr42.00K 0.1%
Goodwill Skr32.12 Million 68.9%

Asset Composition Trend (2021–2024)

This chart illustrates how Windon Energy Group 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: Windon Energy Group AB's current assets represent 30.3% of total assets in 2024, a decrease from 100.0% in 2021.
  • Cash Position: Cash and equivalents constituted 7.3% of total assets in 2024, down from 100.0% in 2021.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 68.0% of total assets, an increase from 0.0% in 2021.
  • Asset Diversification: The largest asset category is goodwill at 68.9% of total assets.

Windon Energy Group AB Competitors by Total Assets

Key competitors of Windon Energy Group AB based on total assets are shown below.

Company Country Total Assets
Shenzhen Topraysolar Co Ltd
SHE:002218
China CN¥6.66 Billion
JA Solar Technology Co Ltd
SHE:002459
China CN¥105.38 Billion
GCL System Integration Technology Co Ltd
SHE:002506
China CN¥19.27 Billion
Changzhou Almaden Co Ltd
SHE:002623
China CN¥5.75 Billion
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
China CN¥18.01 Billion
Hanwha Solutions
KO:009830
Korea ₩32.26 Trillion
Hanwha Chemical Corp Pref
KO:009835
Korea ₩32.26 Trillion
Trive Property Group Bhd
KLSE:0118
Malaysia RM126.77 Million

Windon Energy Group 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

Historical Range: 0.00 - 0.74

Moderate asset utilization - Windon Energy Group AB generates 0.48x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -21.25% - 5.35%

Negative ROA - Windon Energy Group AB is currently not profitable relative to its asset base.

Windon Energy Group 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 2.88 3.42 1844.36
Quick Ratio 1.14 2.07 1844.36
Cash Ratio 0.00 0.00 0.00
Working Capital Skr5.33 Million Skr 13.56 Million Skr 28.94 Million

Windon Energy Group AB - Advanced Valuation Insights

This section examines the relationship between Windon Energy Group 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 0.44
Latest Market Cap to Assets Ratio 0.02
Asset Growth Rate (YoY) -22.6%
Total Assets Skr46.61 Million
Market Capitalization $845.84K USD

Valuation Analysis

Below Book Valuation: The market values Windon Energy Group AB's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Windon Energy Group AB's assets decreased by 22.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Windon Energy Group AB (2021–2024)

The table below shows the annual total assets of Windon Energy Group AB from 2021 to 2024.

Year Total Assets Change
2024-09-30 Skr46.61 Million -22.58%
2023-09-30 Skr60.21 Million +107.16%
2022-09-30 Skr29.06 Million +166.86%
2021-09-30 Skr10.89 Million --