11 bit studios S.A (11B) - Net Assets

Latest as of September 2025: zł251.45 Million PLN ≈ $69.20 Million USD

Based on the latest financial reports, 11 bit studios S.A (11B) has net assets worth zł251.45 Million PLN (≈ $69.20 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł282.02 Million ≈ $77.62 Million USD) and total liabilities (zł30.57 Million ≈ $8.41 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 11 bit studios S.A liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł251.45 Million
% of Total Assets	89.16%
Annual Growth Rate	44.98%
5-Year Change	39.64%
10-Year Change	701.77%
Growth Volatility	49.18

11 bit studios S.A - Net Assets Trend (2010–2024)

This chart illustrates how 11 bit studios S.A's net assets have evolved over time, based on quarterly financial data. Also explore 11B total assets for the complete picture of this company's asset base.

Annual Net Assets for 11 bit studios S.A (2010–2024)

The table below shows the annual net assets of 11 bit studios S.A from 2010 to 2024. For live valuation and market cap data, see how much is 11 bit studios S.A worth.

Year	Net Assets	Change
2024-12-31	zł229.92 Million ≈ $63.28 Million	+1.26%
2023-12-31	zł227.07 Million ≈ $62.49 Million	+1.12%
2022-12-31	zł224.54 Million ≈ $61.80 Million	+13.79%
2021-12-31	zł197.34 Million ≈ $54.31 Million	+19.85%
2020-12-31	zł164.65 Million ≈ $45.31 Million	+37.50%
2019-12-31	zł119.74 Million ≈ $32.95 Million	+33.18%
2018-12-31	zł89.91 Million ≈ $24.74 Million	+94.52%
2017-12-31	zł46.22 Million ≈ $12.72 Million	+9.73%
2016-12-31	zł42.13 Million ≈ $11.59 Million	+46.90%
2015-12-31	zł28.68 Million ≈ $7.89 Million	+68.64%
2014-12-31	zł17.00 Million ≈ $4.68 Million	+114.65%
2013-12-31	zł7.92 Million ≈ $2.18 Million	+14.58%
2012-12-31	zł6.91 Million ≈ $1.90 Million	+169.97%
2011-12-31	zł2.56 Million ≈ $704.82K	+101.94%
2010-12-31	zł1.27 Million ≈ $349.03K	--

Equity Component Analysis

This analysis shows how different components contribute to 11 bit studios 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 grown by 713034953.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	zł6.90 Million	3.00%
Common Stock	zł241.72K	0.11%
Other Comprehensive Income	zł204.54 Million	88.96%
Other Components	zł18.23 Million	7.93%
Total Equity	zł229.92 Million	100.00%

11 bit studios S.A Competitors by Market Cap

The table below lists competitors of 11 bit studios S.A ranked by their market capitalization.

Company	Market Cap
Bogota Financial Corp NASDAQ:BSBK	$106.38 Million
Global Lithium Resources Ltd AU:GL1	$106.49 Million
Da Ming International Holdings Limited F:DM7	$106.54 Million
GKW Limited NSE:GKWLIMITED	$106.54 Million
Kimlun Corporation Bhd KLSE:5171	$106.37 Million
TCM Group CO:TCM	$106.36 Million
Avadh Sugar & Energy Limited NSE:AVADHSUGAR	$106.36 Million
Dmc Global Inc NASDAQ:BOOM	$106.32 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in 11 bit studios S.A's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 227,065,033 to 229,918,534, a change of 2,853,501 (1.3%).
Net income of 6,899,150 contributed positively to equity growth.
Other comprehensive income increased equity by 204,544,954.
Other factors decreased equity by 208,590,603.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	zł6.90 Million	+3.0%
Other Comprehensive Income	zł204.54 Million	+88.96%
Other Changes	zł-208.59 Million	-90.72%
Total Change	zł-	1.26%

Book Value vs Market Value Analysis

This analysis compares 11 bit studios 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: 1.68x
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 235.87x to 1.68x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2010-12-31	zł0.68	zł159.90	x
2011-12-31	zł1.37	zł159.90	x
2012-12-31	zł3.12	zł159.90	x
2013-12-31	zł3.57	zł159.90	x
2014-12-31	zł7.67	zł159.90	x
2015-12-31	zł12.71	zł159.90	x
2016-12-31	zł18.42	zł159.90	x
2017-12-31	zł19.86	zł159.90	x
2018-12-31	zł37.20	zł159.90	x
2019-12-31	zł49.54	zł159.90	x
2020-12-31	zł68.91	zł159.90	x
2021-12-31	zł81.97	zł159.90	x
2022-12-31	zł93.46	zł159.90	x
2023-12-31	zł94.26	zł159.90	x
2024-12-31	zł95.12	zł159.90	x

Capital Efficiency Dashboard

This dashboard shows how efficiently 11 bit studios 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): 3.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.91%
• Asset Turnover: 0.53x
• Equity Multiplier: 1.15x
Recent ROE (3.00%) is below the historical average (20.53%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	-18.23%	-48.77%	0.35x	1.07x	zł-358.02K
2011	50.48%	42.32%	1.02x	1.17x	zł1.04 Million
2012	19.45%	28.04%	0.65x	1.06x	zł653.31K
2013	12.73%	17.66%	0.66x	1.10x	zł216.14K
2014	54.31%	52.24%	0.82x	1.27x	zł7.54 Million
2015	40.33%	49.92%	0.71x	1.14x	zł8.70 Million
2016	30.69%	47.86%	0.59x	1.08x	zł8.72 Million
2017	7.70%	18.54%	0.39x	1.05x	zł-1.06 Million
2018	41.76%	45.73%	0.75x	1.22x	zł28.56 Million
2019	18.13%	30.48%	0.46x	1.30x	zł9.74 Million
2020	22.69%	42.90%	0.47x	1.13x	zł20.90 Million
2021	14.54%	40.91%	0.32x	1.11x	zł8.95 Million
2022	10.19%	30.85%	0.30x	1.09x	zł435.45K
2023	0.23%	1.01%	0.20x	1.14x	zł-22.18 Million
2024	3.00%	4.91%	0.53x	1.15x	zł-16.09 Million

Industry Comparison

This section compares 11 bit studios S.A's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.

Industry Context

Industry: Electronic Gaming & Multimedia
Average net assets among peers: $89,293,940
Average return on equity (ROE) among peers: 4164.07%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
11 bit studios S.A (11B)	zł251.45 Million	-18.23%	0.12x	$106.37 Million
All In! Games S.A. (ALG)	$17.44 Million	18.66%	1.94x	$17.36 Million
Artifex Mundi SA (ART)	$34.86 Million	-30.05%	0.12x	$69.69 Million
BoomBit S.A (BBT)	$10.01 Million	59.40%	0.18x	$23.50 Million
CD PROJEKT SA (CDR)	$513.67 Million	66.66%	0.31x	$7.58 Billion
CI Games SA (CIG)	$80.55K	36889.02%	0.22x	$166.48 Million
Creepy Jar SA (CRJ)	$35.48 Million	63.16%	0.07x	$113.18 Million
Gaming Factory S.A. (GIF)	$249.00K	359.04%	0.11x	$8.61 Million
Games Operators SA (GOP)	$19.05 Million	12.96%	0.08x	$20.36 Million
Huuuge Inc. (HUG)	$172.81 Million	37.82%	0.18x	$254.09 Million

About 11 bit studios S.A

WAR:11B Poland Electronic Gaming & Multimedia

Market Cap

$106.37 Million

zł386.51 Million PLN

Market Cap Rank

#18938 Global

#148 in Poland

Share Price

zł159.90

Change (1 day)

+0.13%

52-Week Range

zł129.70 - zł237.80

All Time High

zł740.00