Elektrocieplownia Bedzin
EC Bedzin S.A., through its subsidiaries, engages in the production and sale of electricity and heat in Poland. It operates in two segments, Energy and Financial. The company produces electricity and heat through conventional sources; and steam and hot water. It also provides leasing and other financial services. The company was formerly known as Elektrocieplownia Bedzin S.A. and changed its name… Read more
Elektrocieplownia Bedzin (BDZ) - Net Assets
Latest net assets as of March 2025: zł22.18 Million PLN
Based on the latest financial reports, Elektrocieplownia Bedzin (BDZ) has net assets worth zł22.18 Million PLN as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł32.15 Million) and total liabilities (zł9.97 Million). 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 | zł22.18 Million |
| % of Total Assets | 68.98% |
| Annual Growth Rate | -7.09% |
| 5-Year Change | N/A |
| 10-Year Change | -84.67% |
| Growth Volatility | 38.9 |
Elektrocieplownia Bedzin - Net Assets Trend (2008–2024)
This chart illustrates how Elektrocieplownia Bedzin's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Elektrocieplownia Bedzin (2008–2024)
The table below shows the annual net assets of Elektrocieplownia Bedzin from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł20.86 Million | +103.37% |
| 2023-12-31 | zł-619.53 Million | -47.30% |
| 2022-12-31 | zł-420.60 Million | -96.11% |
| 2021-12-31 | zł-214.47 Million | -4967.75% |
| 2020-12-31 | zł-4.23 Million | -107.53% |
| 2019-12-31 | zł56.18 Million | -67.38% |
| 2018-12-31 | zł172.24 Million | +1.50% |
| 2017-12-31 | zł169.69 Million | +8.96% |
| 2016-12-31 | zł155.74 Million | +14.43% |
| 2015-12-31 | zł136.10 Million | +12.35% |
| 2014-12-31 | zł121.14 Million | +42.36% |
| 2013-12-31 | zł85.09 Million | -4.08% |
| 2012-12-31 | zł88.71 Million | +5.46% |
| 2011-12-31 | zł84.12 Million | +9.52% |
| 2010-12-31 | zł76.81 Million | +9.41% |
| 2009-12-31 | zł70.20 Million | +3.81% |
| 2008-12-31 | zł67.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Elektrocieplownia Bedzin'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 621.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | zł38.21 Million | 183.20% |
| Total Equity | zł20.86 Million | 100.00% |
Elektrocieplownia Bedzin Competitors by Market Cap
The table below lists competitors of Elektrocieplownia Bedzin ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Unibap AB
ST:UNIBAP
|
$4.15 Million |
|
IVP Limited
NSE:IVP
|
$4.15 Million |
|
Sung Gang Asset Management Ltd
TWO:6240
|
$4.16 Million |
|
Shiva Texyarn Limited
NSE:SHIVATEX
|
$4.16 Million |
|
Panatlântica S.A
SA:PATI3
|
$4.15 Million |
|
Skin Elements Ltd
AU:SKN
|
$4.15 Million |
|
Tarmat Limited
NSE:TARMAT
|
$4.15 Million |
|
Bal Pharma Limited
NSE:BALPHARMA
|
$4.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elektrocieplownia Bedzin's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -619,530,000 to 20,857,000, a change of 640,387,000.
- Net income of 639,363,000 contributed positively to equity growth.
- Other factors increased equity by 1,024,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł639.36 Million | +3065.46% |
| Other Changes | zł1.02 Million | +4.91% |
| Total Change | zł- | % |
Book Value vs Market Value Analysis
This analysis compares Elektrocieplownia Bedzin'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: 5.64x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.83x to 5.64x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | zł21.47 | zł39.30 | x |
| 2009-12-31 | zł22.29 | zł39.30 | x |
| 2010-12-31 | zł24.39 | zł39.30 | x |
| 2011-12-31 | zł26.71 | zł39.30 | x |
| 2012-12-31 | zł28.17 | zł39.30 | x |
| 2013-12-31 | zł27.02 | zł39.30 | x |
| 2014-12-31 | zł38.47 | zł39.30 | x |
| 2015-12-31 | zł43.22 | zł39.30 | x |
| 2016-12-31 | zł49.45 | zł39.30 | x |
| 2017-12-31 | zł53.88 | zł39.30 | x |
| 2018-12-31 | zł54.69 | zł39.30 | x |
| 2019-12-31 | zł17.84 | zł39.30 | x |
| 2020-12-31 | zł-1.34 | zł39.30 | x |
| 2021-12-31 | zł-68.10 | zł39.30 | x |
| 2022-12-31 | zł-140.59 | zł39.30 | x |
| 2023-12-31 | zł-207.08 | zł39.30 | x |
| 2024-12-31 | zł6.97 | zł39.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elektrocieplownia Bedzin 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): 3065.46%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 607.51%
- • Asset Turnover: 3.27x
- • Equity Multiplier: 1.54x
- Recent ROE (3065.46%) is above the historical average (174.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 9.65% | 5.47% | 0.95x | 1.86x | zł-234.90K |
| 2009 | 11.74% | 5.82% | 1.10x | 1.84x | zł1.22 Million |
| 2010 | 15.98% | 7.75% | 1.21x | 1.71x | zł4.59 Million |
| 2011 | 13.57% | 7.39% | 1.12x | 1.64x | zł3.00 Million |
| 2012 | 11.56% | 6.61% | 1.07x | 1.63x | zł1.38 Million |
| 2013 | -4.25% | -2.74% | 0.99x | 1.56x | zł-12.13 Million |
| 2014 | 14.29% | 12.73% | 0.79x | 1.43x | zł5.20 Million |
| 2015 | 10.62% | 10.27% | 0.20x | 5.18x | zł838.30K |
| 2016 | 12.49% | 12.31% | 0.22x | 4.67x | zł3.89 Million |
| 2017 | 8.45% | 8.24% | 0.24x | 4.19x | zł-2.62 Million |
| 2018 | 1.63% | 1.59% | 0.27x | 3.85x | zł-14.41 Million |
| 2019 | -202.36% | -51.06% | 0.48x | 8.28x | zł-119.31 Million |
| 2020 | 0.00% | -43.10% | 0.45x | 0.00x | zł-69.19 Million |
| 2021 | 0.00% | -86.22% | 1.24x | 0.00x | zł-189.18 Million |
| 2022 | 0.00% | -63.89% | 1.50x | 0.00x | zł-163.71 Million |
| 2023 | 0.00% | -81.48% | 1.22x | 0.00x | zł-136.94 Million |
| 2024 | 3065.46% | 607.51% | 3.27x | 1.54x | zł637.28 Million |
Industry Comparison
This section compares Elektrocieplownia Bedzin's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $6,975,932,750
- Average return on equity (ROE) among peers: 21.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elektrocieplownia Bedzin (BDZ) | zł22.18 Million | 9.65% | 0.45x | $4.15 Million |
| EuroHold Bulgaria AD (EHG) | $117.71 Million | 65.62% | 20.04x | $64.86 Million |
| Enea S.A. (ENA) | $15.05 Billion | 4.56% | 0.99x | $1.28 Billion |
| Energa S.A. (ENG) | $11.54 Billion | 8.38% | 1.36x | $168.99 Million |
| Kogeneracja SA (KGN) | $1.20 Billion | 6.56% | 0.61x | $112.69 Million |