LPP SA (1RY) - Net Assets
Based on the latest financial reports, LPP SA (1RY) has net assets worth €5.61 Billion EUR as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€19.18 Billion) and total liabilities (€13.57 Billion). 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 | €5.61 Billion |
| % of Total Assets | 29.24% |
| Annual Growth Rate | 11.33% |
| 5-Year Change | 71.42% |
| 10-Year Change | N/A |
| Growth Volatility | 7.77 |
LPP SA - Net Assets Trend (2016–2025)
This chart illustrates how LPP SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for LPP SA (2016–2025)
The table below shows the annual net assets of LPP SA from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €5.61 Billion | +5.79% |
| 2024-12-31 | €5.30 Billion | +12.40% |
| 2023-12-31 | €4.72 Billion | +18.39% |
| 2022-12-31 | €3.98 Billion | +21.77% |
| 2021-12-31 | €3.27 Billion | +6.64% |
| 2020-12-31 | €3.07 Billion | -5.52% |
| 2019-12-31 | €3.25 Billion | +13.53% |
| 2018-12-31 | €2.86 Billion | +17.07% |
| 2017-12-31 | €2.44 Billion | +14.46% |
| 2016-12-31 | €2.13 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LPP SA'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 4.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.88 Billion | 33.55% |
| Other Components | €3.73 Billion | 66.45% |
| Total Equity | €5.61 Billion | 100.00% |
LPP SA Competitors by Market Cap
The table below lists competitors of LPP SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rexel S.A
PA:RXL
|
$9.66 Billion |
|
Spic Yuanda Environmental Protection Co Ltd
SHG:600292
|
$9.67 Billion |
|
Beijing Kunlun Tech Co Ltd
SHE:300418
|
$9.67 Billion |
|
Hensoldt AG
F:HAG
|
$9.67 Billion |
|
Aditya Birla Capital Limited
NSE:ABCAPITAL
|
$9.65 Billion |
|
Frontier Communications Parent Inc
NASDAQ:FYBR
|
$9.64 Billion |
|
APA Corporation
NASDAQ:APA
|
$9.63 Billion |
|
Baxter International Inc
NYSE:BAX
|
$9.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LPP SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,299,000,000 to 5,609,000,000, a change of 310,000,000 (5.9%).
- Net income of 1,500,000,000 contributed positively to equity growth.
- Dividend payments of 1,225,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.50 Billion | +26.74% |
| Dividends Paid | €1.23 Billion | -21.84% |
| Other Changes | €35.00 Million | +0.62% |
| Total Change | €- | 5.85% |
Book Value vs Market Value Analysis
This analysis compares LPP SA'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: 1.84x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.18x to 1.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €1332.71 | €5565.00 | x |
| 2018-12-31 | €1560.11 | €5565.00 | x |
| 2019-12-31 | €1770.31 | €5565.00 | x |
| 2020-12-31 | €1656.42 | €5565.00 | x |
| 2021-12-31 | €1766.40 | €5565.00 | x |
| 2022-12-31 | €2149.67 | €5565.00 | x |
| 2023-12-31 | €2540.82 | €5565.00 | x |
| 2024-12-31 | €2855.23 | €5565.00 | x |
| 2025-12-31 | €3022.27 | €5565.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LPP SA 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): 26.74%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.49%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 3.42x
- Recent ROE (26.74%) is above the historical average (20.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.19% | 2.90% | 1.64x | 1.72x | €-38.70 Million |
| 2017 | 18.04% | 6.27% | 1.67x | 1.72x | €196.51 Million |
| 2018 | 17.66% | 6.28% | 1.50x | 1.88x | €219.12 Million |
| 2019 | 14.97% | 5.27% | 0.96x | 2.96x | €161.26 Million |
| 2020 | -6.20% | -2.42% | 0.76x | 3.37x | €-496.97 Million |
| 2021 | 29.14% | 6.80% | 0.99x | 4.32x | €626.31 Million |
| 2022 | 27.48% | 6.88% | 1.23x | 3.24x | €696.56 Million |
| 2023 | 34.09% | 9.23% | 1.26x | 2.93x | €1.14 Billion |
| 2024 | 32.97% | 8.65% | 1.15x | 3.30x | €1.22 Billion |
| 2025 | 26.74% | 6.49% | 1.20x | 3.42x | €939.10 Million |
Industry Comparison
This section compares LPP SA's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $11,603,662,473
- Average return on equity (ROE) among peers: 3.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LPP SA (1RY) | €5.61 Billion | 8.19% | 2.42x | $9.65 Billion |
| ADASTRIA CO. LTD. (1E0) | $77.20 Billion | 12.45% | 0.72x | $738.52 Million |
| VRG S.A. ZY -2 (1NL) | $942.76 Million | 9.86% | 0.60x | $258.20 Million |
| Bosideng International Holdings Limited (3BD) | $12.60 Billion | 16.97% | 0.66x | $5.74 Billion |
| China Dongxiang (Group) Co. Ltd (4C1) | $9.35 Billion | -18.68% | 0.12x | $293.80 Million |
| China Lilang Limited (5LX) | $3.40 Billion | 22.09% | 0.30x | $303.18 Million |
| Ahlers AG (AAH) | $110.57 Million | 4.70% | 0.65x | $159.95K |
| NUEV.EXP.TEX.INH.EO-016 (B02) | $-28.84 Million | 0.00% | 0.00x | $341.53 Million |
| Hugo Boss AG (BOSA) | $740.30 Million | 44.44% | 1.03x | $2.42 Billion |
| CALIDA HLDG NA SF 2,10 (C7UA) | $114.06 Million | -58.30% | 1.05x | $104.83 Million |
About LPP SA
LPP SA designs, manufactures, and distributes apparel for women, men, and children. It offers apparel, accessories, footwear, and supplementary items under the Reserved, Cropp, House, Mohito, and Sinsay brand names. The company sells its products through offline and online stores. LPP SA was incorporated in 1989 and is headquartered in Gdansk, Poland.