Asseco South Eastern Europe S.A. (ASE) - Net Assets
Based on the latest financial reports, Asseco South Eastern Europe S.A. (ASE) has net assets worth zł1.01 Billion PLN (≈ $277.98 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł2.31 Billion ≈ $634.60 Million USD) and total liabilities (zł1.30 Billion ≈ $356.62 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 resilient are Asseco South Eastern Europe S.A.'s assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł1.01 Billion |
| % of Total Assets | 43.8% |
| Annual Growth Rate | 8.41% |
| 5-Year Change | 18.97% |
| 10-Year Change | 57.58% |
| Growth Volatility | 22.59 |
Asseco South Eastern Europe S.A. - Net Assets Trend (2008–2024)
This chart illustrates how Asseco South Eastern Europe S.A.'s net assets have evolved over time, based on quarterly financial data. Also explore Asseco South Eastern Europe S.A. (ASE) total assets for the complete picture of this company's asset base.
Annual Net Assets for Asseco South Eastern Europe S.A. (2008–2024)
The table below shows the annual net assets of Asseco South Eastern Europe S.A. from 2008 to 2024. For live valuation and market cap data, see market cap of Asseco South Eastern Europe S.A..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł1.09 Billion ≈ $298.95 Million |
-3.32% |
| 2023-12-31 | zł1.12 Billion ≈ $309.23 Million |
+0.40% |
| 2022-12-31 | zł1.12 Billion ≈ $308.00 Million |
+15.17% |
| 2021-12-31 | zł971.69 Million ≈ $267.42 Million |
+6.42% |
| 2020-12-31 | zł913.07 Million ≈ $251.29 Million |
+14.11% |
| 2019-12-31 | zł800.20 Million ≈ $220.23 Million |
+4.59% |
| 2018-12-31 | zł765.09 Million ≈ $210.56 Million |
+6.36% |
| 2017-12-31 | zł719.31 Million ≈ $197.97 Million |
-1.79% |
| 2016-12-31 | zł732.41 Million ≈ $201.57 Million |
+6.25% |
| 2015-12-31 | zł689.31 Million ≈ $189.71 Million |
+1.49% |
| 2014-12-31 | zł679.17 Million ≈ $186.92 Million |
+4.66% |
| 2013-12-31 | zł648.95 Million ≈ $178.60 Million |
-2.39% |
| 2012-12-31 | zł664.85 Million ≈ $182.98 Million |
-5.80% |
| 2011-12-31 | zł705.81 Million ≈ $194.25 Million |
+18.17% |
| 2010-12-31 | zł597.26 Million ≈ $164.38 Million |
+3.22% |
| 2009-12-31 | zł578.61 Million ≈ $159.24 Million |
+93.84% |
| 2008-12-31 | zł298.50 Million ≈ $82.15 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Asseco South Eastern Europe 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 5748.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł904.25 Million | 83.98% |
| Common Stock | zł518.94 Million | 48.19% |
| Other Comprehensive Income | zł-385.25 Million | -35.78% |
| Other Components | zł38.83 Million | 3.61% |
| Total Equity | zł1.08 Billion | 100.00% |
Asseco South Eastern Europe S.A. Competitors by Market Cap
The table below lists competitors of Asseco South Eastern Europe S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sats ASA
OL:SATS
|
$865.75 Million |
|
Suzhou Etron Technologies Co Ltd
SHG:603380
|
$865.85 Million |
|
Isgec Heavy Engineering Limited
NSE:ISGEC
|
$865.93 Million |
|
Viridien
PA:VIRI
|
$865.93 Million |
|
Zhejiang Jiaao Enprotech
SHG:603822
|
$865.41 Million |
|
SG Fleet Group Ltd
AU:SGF
|
$865.28 Million |
|
Sunyard System Engineering Co Ltd
SHG:600571
|
$865.25 Million |
|
Harim Holdings Co. Ltd
KQ:003380
|
$864.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asseco South Eastern Europe S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,115,786,000 to 1,076,775,000, a change of -39,011,000 (-3.5%).
- Net income of 199,223,000 contributed positively to equity growth.
- Dividend payments of 85,626,000 reduced retained earnings.
- Other comprehensive income decreased equity by 152,216,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł199.22 Million | +18.5% |
| Dividends Paid | zł85.63 Million | -7.95% |
| Other Comprehensive Income | zł-152.22 Million | -14.14% |
| Other Changes | zł-392.00K | -0.04% |
| Total Change | zł- | -3.50% |
Book Value vs Market Value Analysis
This analysis compares Asseco South Eastern Europe 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: 2.92x
- 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 5.26x to 2.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | zł11.52 | zł60.60 | x |
| 2009-12-31 | zł15.14 | zł60.60 | x |
| 2010-12-31 | zł11.95 | zł60.60 | x |
| 2011-12-31 | zł13.72 | zł60.60 | x |
| 2012-12-31 | zł12.81 | zł60.60 | x |
| 2013-12-31 | zł12.50 | zł60.60 | x |
| 2014-12-31 | zł13.08 | zł60.60 | x |
| 2015-12-31 | zł13.28 | zł60.60 | x |
| 2016-12-31 | zł14.07 | zł60.60 | x |
| 2017-12-31 | zł13.83 | zł60.60 | x |
| 2018-12-31 | zł14.71 | zł60.60 | x |
| 2019-12-31 | zł15.38 | zł60.60 | x |
| 2020-12-31 | zł17.55 | zł60.60 | x |
| 2021-12-31 | zł18.64 | zł60.60 | x |
| 2022-12-31 | zł21.40 | zł60.60 | x |
| 2023-12-31 | zł21.50 | zł60.60 | x |
| 2024-12-31 | zł20.75 | zł60.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asseco South Eastern Europe 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): 18.50%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.66%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 2.15x
- Recent ROE (18.50%) is above the historical average (9.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 5.45% | 4.77% | 0.54x | 2.13x | zł-13.50 Million |
| 2009 | 6.62% | 8.77% | 0.64x | 1.18x | zł-19.57 Million |
| 2010 | 7.31% | 9.69% | 0.62x | 1.22x | zł-16.08 Million |
| 2011 | 7.76% | 11.86% | 0.56x | 1.16x | zł-15.82 Million |
| 2012 | 7.47% | 10.73% | 0.61x | 1.14x | zł-16.84 Million |
| 2013 | 5.54% | 7.62% | 0.61x | 1.20x | zł-28.93 Million |
| 2014 | 5.75% | 7.79% | 0.59x | 1.25x | zł-28.87 Million |
| 2015 | 6.32% | 8.94% | 0.57x | 1.23x | zł-25.35 Million |
| 2016 | 7.05% | 9.02% | 0.60x | 1.30x | zł-21.55 Million |
| 2017 | 7.61% | 9.57% | 0.62x | 1.28x | zł-17.13 Million |
| 2018 | 8.48% | 9.65% | 0.68x | 1.30x | zł-11.63 Million |
| 2019 | 11.27% | 10.21% | 0.71x | 1.57x | zł10.17 Million |
| 2020 | 12.74% | 11.30% | 0.74x | 1.52x | zł24.93 Million |
| 2021 | 15.43% | 13.02% | 0.76x | 1.57x | zł52.49 Million |
| 2022 | 16.91% | 12.00% | 0.84x | 1.68x | zł76.77 Million |
| 2023 | 17.96% | 12.20% | 0.78x | 1.90x | zł88.78 Million |
| 2024 | 18.50% | 11.66% | 0.74x | 2.15x | zł91.55 Million |
Industry Comparison
This section compares Asseco South Eastern Europe S.A.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,128,833,577
- Average return on equity (ROE) among peers: 5.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asseco South Eastern Europe S.A. (ASE) | zł1.01 Billion | 5.45% | 1.28x | $865.49 Million |
| Asseco Business Solutions S.A. (ABS) | $361.65 Million | 23.58% | 0.32x | $752.03 Million |
| Asseco Poland S.A. (ACP) | $9.65 Billion | 4.85% | 0.93x | $4.03 Billion |
| Brand 24 SA (B24) | $3.86 Million | -18.13% | 0.23x | $37.06 Million |
| Fabrity Holding S.A. (FAB) | $26.70 Million | 8.71% | 1.11x | $19.21 Million |
| LSI Software S.A. (LSI) | $32.10 Million | 15.70% | 0.37x | $48.13 Million |
| Nexity Global SA (NXG) | $24.44 Million | -3.97% | 0.02x | $2.89 Million |
| Quantum Software SA (QNT) | $16.70 Million | 6.90% | 0.13x | $10.82 Million |
| Shoper S.A. (SHO) | $38.35 Million | 47.32% | 2.02x | $309.72 Million |
| Silvair Inc (SVRS) | $9.01 Million | -34.14% | 0.40x | $23.95 Million |
About Asseco South Eastern Europe S.A.
Asseco South Eastern Europe S.A., together with its subsidiaries, engages in the production and implementation of software solutions and services. The company operates through Banking Solutions, Payment Solutions, and Dedicated Solutions segments. It offers omnichannel solutions; integrated core banking systems; authentication security, AI powered solutions; reporting systems for regulatory compl… Read more