Polwax S.A
Polwax S.A. produces and distributes refined and renewable paraffin, waxes, and specialty industrial paraffin compositions. The company also offers wood and paper impregnation products; waxes intended for food contact; micro-crystalline waxes; anti-caking products for fertilizers; corrosion protection products; HotMelt adhesives; model masses; plant protection products; candle goods; special waxe… Read more
Polwax S.A (1LW) - Net Assets
Latest net assets as of March 2025: €58.30 Million EUR
Based on the latest financial reports, Polwax S.A (1LW) has net assets worth €58.30 Million EUR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€118.37 Million) and total liabilities (€60.08 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €58.30 Million |
| % of Total Assets | 49.25% |
| Annual Growth Rate | -4.12% |
| 5-Year Change | -29.9% |
| 10-Year Change | N/A |
| Growth Volatility | 27.95 |
Polwax S.A - Net Assets Trend (2016–2024)
This chart illustrates how Polwax S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Polwax S.A (2016–2024)
The table below shows the annual net assets of Polwax S.A from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €62.24 Million | +14.79% |
| 2023-12-31 | €54.23 Million | -45.47% |
| 2022-12-31 | €99.43 Million | +6.26% |
| 2021-12-31 | €93.57 Million | +5.39% |
| 2020-12-31 | €88.79 Million | +33.87% |
| 2019-12-31 | €66.32 Million | -45.59% |
| 2018-12-31 | €121.90 Million | +16.83% |
| 2017-12-31 | €104.34 Million | +19.75% |
| 2016-12-31 | €87.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Polwax S.A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 127.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €85.01 Million | 136.57% |
| Total Equity | €62.24 Million | 100.00% |
Polwax S.A Competitors by Market Cap
The table below lists competitors of Polwax S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NEWMARK SECURITY LS-005
F:NN10
|
$3.33 Million |
|
Isra Presisi Indonesia
JK:ISAP
|
$3.33 Million |
|
The BC Bud Corporation
OTCQB:BCBCF
|
$3.33 Million |
|
SRJ Technologies Group Plc
AU:SRJ
|
$3.33 Million |
|
Norfolk Metals Ltd
AU:NFL
|
$3.33 Million |
|
Wicket Gaming AB
OTCQB:WIGAF
|
$3.33 Million |
|
Sterling Infrastructure Inc
STU:UAO
|
$3.33 Million |
|
Catalina Resources Ltd
AU:CTN
|
$3.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Polwax S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 54,225,000 to 62,244,000, a change of 8,019,000 (14.8%).
- Net loss of 22,763,000 reduced equity.
- New share issuances of 30,782,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-22.76 Million | -36.57% |
| Share Issuances | €30.78 Million | +49.45% |
| Total Change | €- | 14.79% |
Book Value vs Market Value Analysis
This analysis compares Polwax S.A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.22x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.05x to 0.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €4.44 | €0.23 | x |
| 2018-12-31 | €5.19 | €0.23 | x |
| 2019-12-31 | €6.44 | €0.23 | x |
| 2020-12-31 | €2.87 | €0.23 | x |
| 2021-12-31 | €3.03 | €0.23 | x |
| 2022-12-31 | €3.22 | €0.23 | x |
| 2023-12-31 | €1.75 | €0.23 | x |
| 2024-12-31 | €1.01 | €0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Polwax S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -36.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.97%
- • Asset Turnover: 1.69x
- • Equity Multiplier: 1.81x
- Recent ROE (-36.57%) is below the historical average (-13.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 23.96% | 7.09% | 2.10x | 1.61x | €12.16 Million |
| 2017 | 16.50% | 6.07% | 1.66x | 1.63x | €6.78 Million |
| 2018 | 14.41% | 6.32% | 1.40x | 1.63x | €5.37 Million |
| 2019 | -83.80% | -25.78% | 1.72x | 1.88x | €-62.21 Million |
| 2020 | 3.42% | 1.40% | 1.58x | 1.54x | €-5.84 Million |
| 2021 | 5.11% | 1.76% | 1.92x | 1.52x | €-4.57 Million |
| 2022 | 8.38% | 2.51% | 2.30x | 1.45x | €-1.61 Million |
| 2023 | -71.97% | -15.46% | 2.26x | 2.06x | €-44.45 Million |
| 2024 | -36.57% | -11.97% | 1.69x | 1.81x | €-28.99 Million |
Industry Comparison
This section compares Polwax S.A's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $20,887,090,039
- Average return on equity (ROE) among peers: -18.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Polwax S.A (1LW) | €58.30 Million | 23.96% | 1.03x | $3.33 Million |
| Kureha Corporation (0K1) | $162.17 Billion | 8.59% | 0.53x | $845.56 Million |
| H&R GmbH & Co. KGaA (2HRA) | $287.13 Million | 9.37% | 1.19x | $34.48 Million |
| Renaissance Oil Corp (2R7) | $2.68 Billion | 6.64% | 1.08x | $1.31 Billion |
| Global New Material International Holdings Limited (69Y) | $4.35 Billion | 5.56% | 0.62x | $625.83 Million |
| Altech Chemicals Ltd (A3Y) | $33.88 Million | -176.29% | 0.32x | $18.88 Million |
| Beijing Media Corporation Limited (BME) | $1.20 Billion | -7.10% | 0.16x | $1.77 Million |
| BRAIN Biotech AG (BNN) | $17.59 Million | -23.28% | 0.43x | $40.42 Million |
| Brenntag SE (BNR) | $2.69 Billion | 13.57% | 1.59x | $5.87 Billion |
| Huabao International Holdings Limited (CEY) | $14.56 Billion | -7.24% | 0.14x | $1.44 Billion |