3R Games SA (3RG) - Net Assets
Based on the latest financial reports, 3R Games SA (3RG) has net assets worth zł22.20 Million PLN (≈ $6.11 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł23.12 Million ≈ $6.36 Million USD) and total liabilities (zł916.00K ≈ $252.10K 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 strategically is 3R Games SA's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł22.20 Million |
| % of Total Assets | 96.04% |
| Annual Growth Rate | 11.58% |
| 5-Year Change | 51.06% |
| 10-Year Change | 29.56% |
| Growth Volatility | 121.68 |
3R Games SA - Net Assets Trend (2010–2025)
This chart illustrates how 3R Games SA's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 3R Games SA market capitalisation.
Annual Net Assets for 3R Games SA (2010–2025)
The table below shows the annual net assets of 3R Games SA from 2010 to 2025. Also explore net asset growth rate of 3R Games SA to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł21.04 Million ≈ $5.79 Million |
+16.72% |
| 2024-12-31 | zł18.03 Million ≈ $4.96 Million |
+0.38% |
| 2023-12-31 | zł17.96 Million ≈ $4.94 Million |
+13.76% |
| 2022-12-31 | zł15.79 Million ≈ $4.35 Million |
+13.34% |
| 2021-12-31 | zł13.93 Million ≈ $3.83 Million |
-6.16% |
| 2020-12-31 | zł14.84 Million ≈ $4.09 Million |
+413.69% |
| 2019-12-31 | zł-4.73 Million ≈ $-1.30 Million |
-416.10% |
| 2018-12-31 | zł1.50 Million ≈ $412.00K |
-73.12% |
| 2017-12-31 | zł5.57 Million ≈ $1.53 Million |
-65.70% |
| 2016-12-31 | zł16.24 Million ≈ $4.47 Million |
+8.17% |
| 2015-12-31 | zł15.02 Million ≈ $4.13 Million |
-0.75% |
| 2014-12-31 | zł15.13 Million ≈ $4.16 Million |
-8.76% |
| 2013-12-31 | zł16.58 Million ≈ $4.56 Million |
-3.81% |
| 2012-12-31 | zł17.24 Million ≈ $4.74 Million |
+161.74% |
| 2011-12-31 | zł6.59 Million ≈ $1.81 Million |
+61.86% |
| 2010-12-31 | zł4.07 Million ≈ $1.12 Million |
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Equity Component Analysis
This analysis shows how different components contribute to 3R Games 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 grown by 110.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł3.01 Million | 14.32% |
| Common Stock | zł7.92 Million | 37.66% |
| Other Components | zł10.10 Million | 48.02% |
| Total Equity | zł21.04 Million | 100.00% |
3R Games SA Competitors by Market Cap
The table below lists competitors of 3R Games SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eagle Plains Resources Ltd.
V:EPL
|
$15.48 Million |
|
Auris Minerals Ltd
AU:AUR
|
$15.48 Million |
|
Kamdhenu Ventures Limited
NSE:KAMOPAINTS
|
$15.48 Million |
|
Stradim Espace Finances SA
PA:ALSAS
|
$15.48 Million |
|
Patentus SA
WAR:PAT
|
$15.47 Million |
|
Acumentis Group Ltd
AU:ACU
|
$15.46 Million |
|
Careplus Group Bhd
KLSE:0163
|
$15.46 Million |
|
DF Deutsche Forfait AG
XETRA:DFTK
|
$15.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 3R Games SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 18,028,000 to 21,042,000, a change of 3,014,000 (16.7%).
- Net income of 3,014,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 10,104,000.
- Other factors increased equity by 10,104,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł3.01 Million | +14.32% |
| Other Comprehensive Income | zł-10.10 Million | -48.02% |
| Other Changes | zł10.10 Million | +48.02% |
| Total Change | zł- | 16.72% |
Book Value vs Market Value Analysis
This analysis compares 3R Games 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: 2.61x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.01x to 2.61x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | zł0.69 | zł0.69 | x |
| 2011-12-31 | zł1.09 | zł0.69 | x |
| 2012-12-31 | zł2.33 | zł0.69 | x |
| 2013-12-31 | zł2.14 | zł0.69 | x |
| 2014-12-31 | zł1.98 | zł0.69 | x |
| 2015-12-31 | zł1.04 | zł0.69 | x |
| 2016-12-31 | zł0.85 | zł0.69 | x |
| 2017-12-31 | zł0.29 | zł0.69 | x |
| 2018-12-31 | zł0.06 | zł0.69 | x |
| 2019-12-31 | zł-0.14 | zł0.69 | x |
| 2020-12-31 | zł0.20 | zł0.69 | x |
| 2021-12-31 | zł0.19 | zł0.69 | x |
| 2022-12-31 | zł0.21 | zł0.69 | x |
| 2023-12-31 | zł0.24 | zł0.69 | x |
| 2024-12-31 | zł0.23 | zł0.69 | x |
| 2025-12-31 | zł0.27 | zł0.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 3R Games 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): 14.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.31%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.04x
- Recent ROE (14.32%) is above the historical average (-56.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 37.72% | 27.95% | 1.11x | 1.22x | zł1.13 Million |
| 2011 | 31.73% | 25.61% | 1.03x | 1.20x | zł1.43 Million |
| 2012 | -44.95% | -73.40% | 0.53x | 1.16x | zł-9.46 Million |
| 2013 | -1.24% | -1.72% | 0.62x | 1.16x | zł-1.86 Million |
| 2014 | -9.21% | -12.73% | 0.63x | 1.15x | zł-2.91 Million |
| 2015 | -61.18% | -67.20% | 0.76x | 1.20x | zł-10.65 Million |
| 2016 | 2.56% | 1.92% | 0.98x | 1.35x | zł-1.20 Million |
| 2017 | -225.64% | -68.19% | 1.52x | 2.17x | zł-12.86 Million |
| 2018 | -609.06% | -106.15% | 1.81x | 3.17x | zł-9.22 Million |
| 2019 | 0.00% | -64.51% | 1.07x | 0.00x | zł-5.76 Million |
| 2020 | -36.30% | -17383.87% | 0.00x | 1.14x | zł-6.87 Million |
| 2021 | -6.56% | -1088.10% | 0.00x | 1.23x | zł-2.31 Million |
| 2022 | 5.09% | 19.52% | 0.24x | 1.07x | zł-775.80K |
| 2023 | 3.41% | 17.13% | 0.20x | 1.02x | zł-1.18 Million |
| 2024 | -3.47% | -25.92% | 0.13x | 1.02x | zł-2.43 Million |
| 2025 | 14.32% | 39.31% | 0.35x | 1.04x | zł909.80K |
Industry Comparison
This section compares 3R Games SA's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $3,374,137,000
- Average return on equity (ROE) among peers: 9.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 3R Games SA (3RG) | zł22.20 Million | 37.72% | 0.04x | $15.47 Million |
| Allegro.eu S.A. (ALE) | $6.68 Billion | 5.86% | 1.14x | $13.79 Billion |
| Answear.com S.A. (ANR) | $64.63 Million | 13.22% | 2.75x | $109.66 Million |
About 3R Games SA
3R Games S.A. engages in production and distribution of computer games based on virtual reality technology and game development in Poland. It also engages in publishing of computer games. The company was formerly known as HubStyle S.A. and changed its name to 3R Games S.A. in December 2020. 3R Games S.A. was incorporated in 2010 and is headquartered in Warsaw, Poland.