PASSUS S.A. ZY-1 (71X) - Net Assets
Based on the latest financial reports, PASSUS S.A. ZY-1 (71X) has net assets worth €29.02 Million EUR (≈ $33.92 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€84.64 Million ≈ $98.96 Million USD) and total liabilities (€55.63 Million ≈ $65.04 Million USD). 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. Check how tangible is PASSUS S.A. ZY-1's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €29.02 Million |
| % of Total Assets | 34.28% |
| Annual Growth Rate | 18.03% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 13.99 |
PASSUS S.A. ZY-1 - Net Assets Trend (2021–2025)
This chart illustrates how PASSUS S.A. ZY-1's net assets have evolved over time, based on quarterly financial data. See 71X cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for PASSUS S.A. ZY-1 (2021–2025)
The table below shows the annual net assets of PASSUS S.A. ZY-1 from 2021 to 2025. For live valuation and market cap data, see PASSUS S.A. ZY-1 stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €29.02 Million ≈ $33.92 Million |
-4.51% |
| 2024-12-31 | €30.39 Million ≈ $35.52 Million |
+24.92% |
| 2023-12-31 | €24.32 Million ≈ $28.44 Million |
+22.84% |
| 2022-12-31 | €19.80 Million ≈ $23.15 Million |
+32.44% |
| 2021-12-31 | €14.95 Million ≈ $17.48 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to PASSUS S.A. ZY-1'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 grown by 128.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €25.27 Million | 98.04% |
| Other Components | €504.00K | 1.96% |
| Total Equity | €25.77 Million | 100.00% |
PASSUS S.A. ZY-1 Competitors by Market Cap
The table below lists competitors of PASSUS S.A. ZY-1 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GeneFerm Biotechnology Co Ltd
TWO:1796
|
$44.41 Million |
|
Hwacheon Machi
KO:010660
|
$44.43 Million |
|
TJGC Group Limited
NASDAQ:TJGC
|
$44.44 Million |
|
GenMont Biotech Inc
TW:3164
|
$44.44 Million |
|
AGROB Immobilien AG
F:AGR3
|
$44.40 Million |
|
Kapuas Prima Coal Tbk PT
JK:ZINC
|
$44.39 Million |
|
IL&FS Engineering and Construction Company Limited
NSE:IL&FSENGG
|
$44.38 Million |
|
Canlan Ice Sports Corp.
TO:ICE
|
$44.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PASSUS S.A. ZY-1's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 28,241,000 to 25,771,000, a change of -2,470,000 (-8.7%).
- Net income of 10,162,000 contributed positively to equity growth.
- Dividend payments of 3,503,000 reduced retained earnings.
- New share issuances of 10,000 increased equity.
- Other factors decreased equity by 9,139,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €10.16 Million | +39.43% |
| Dividends Paid | €3.50 Million | -13.59% |
| Share Issuances | €10.00K | +0.04% |
| Other Changes | €-9.14 Million | -35.46% |
| Total Change | €- | -8.75% |
Book Value vs Market Value Analysis
This analysis compares PASSUS S.A. ZY-1'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: 1.61x
- 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 3.41x to 1.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €7.22 | €24.65 | x |
| 2022-12-31 | €8.93 | €24.65 | x |
| 2023-12-31 | €10.72 | €24.65 | x |
| 2024-12-31 | €13.76 | €24.65 | x |
| 2025-12-31 | €15.35 | €24.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PASSUS S.A. ZY-1 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): 39.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.24%
- • Asset Turnover: 1.46x
- • Equity Multiplier: 3.28x
- Recent ROE (39.43%) is above the historical average (32.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 43.22% | 9.49% | 1.06x | 4.31x | €4.60 Million |
| 2022 | 23.59% | 5.65% | 1.05x | 3.99x | €2.49 Million |
| 2023 | 7.37% | 1.87% | 1.19x | 3.32x | €-578.30K |
| 2024 | 47.01% | 12.35% | 1.58x | 2.41x | €10.45 Million |
| 2025 | 39.43% | 8.24% | 1.46x | 3.28x | €7.58 Million |
Industry Comparison
This section compares PASSUS S.A. ZY-1's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $290,809,303
- Average return on equity (ROE) among peers: -8.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PASSUS S.A. ZY-1 (71X) | €29.02 Million | 43.22% | 1.92x | $44.40 Million |
| CLPS INC. DL-0001 (1UK) | $67.80 Million | 6.57% | 0.50x | $22.08 Million |
| Globant SA (2G2) | $160.19 Million | 19.76% | 0.39x | $1.50 Billion |
| Solutions 30 SE (30L3) | $108.10 Million | -14.62% | 5.56x | $64.24 Million |
| Genpact Limited (35G) | $1.83 Billion | 16.81% | 1.66x | $4.90 Billion |
| NANOSPHERE (3NS) | $-1.44 Million | 0.00% | 0.00x | $1.14 Million |
| BIT MINING C.A SP.ADR 100 (50C0) | $25.13 Million | -114.24% | 1.89x | $13.76 Million |
| WISE PLC SPONS.ADR/1 (6WS0) | $409.20 Million | 8.04% | 17.49x | $9.95 Billion |
| GS TECHS LTD (DI) (6Y3) | $8.45 Million | -25.99% | 4.57x | $1.16 Million |
| CPT GLOBAL LTD (714) | $5.63 Million | 26.15% | 1.60x | $1.80 Million |
About PASSUS S.A. ZY-1
Passus S.A. engages in the design and implementation of specialized IT solutions in the areas of cybersecurity, network/application monitoring, and performance improvement in Poland. The company offers cybersecurity solutions, such as network environment protection and internet connection, endpoint protection, data security, security operating center, OT security, cloud security, and testing and … Read more