CI Games SA
CI Games SE, together with its subsidiaries, engages in the production, publishing, and distribution of video games in Poland and internationally. The company offers Lords of the Fallen, Project 3, and Sniper Ghost Warrior game products. It distributes its own game titles and sells licenses to various platforms, including PlayStation, Xbox, and PC consoles. The company was founded in 2002 and is … Read more
CI Games SA (CIG) - Net Assets
Latest net assets as of September 2025: zł156.65 Million PLN
Based on the latest financial reports, CI Games SA (CIG) has net assets worth zł156.65 Million PLN as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł268.28 Million) and total liabilities (zł111.63 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 | zł156.65 Million |
| % of Total Assets | 58.39% |
| Annual Growth Rate | 10.8% |
| 5-Year Change | 61.21% |
| 10-Year Change | 106.89% |
| Growth Volatility | 24929.98 |
CI Games SA - Net Assets Trend (2008–2024)
This chart illustrates how CI Games SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CI Games SA (2008–2024)
The table below shows the annual net assets of CI Games SA from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł155.64 Million | -2.90% |
| 2023-12-31 | zł160.28 Million | +12.70% |
| 2022-12-31 | zł142.22 Million | +5.26% |
| 2021-12-31 | zł135.11 Million | +39.95% |
| 2020-12-31 | zł96.54 Million | +60.06% |
| 2019-12-31 | zł60.32 Million | -9.72% |
| 2018-12-31 | zł66.81 Million | -25.29% |
| 2017-12-31 | zł89.43 Million | +6.92% |
| 2016-12-31 | zł83.64 Million | +11.19% |
| 2015-12-31 | zł75.23 Million | -9.41% |
| 2014-12-31 | zł83.04 Million | +102996.33% |
| 2013-12-31 | zł80.55K | -99.80% |
| 2012-12-31 | zł39.66 Million | -31.36% |
| 2011-12-31 | zł57.77 Million | +34.47% |
| 2010-12-31 | zł42.96 Million | +142.77% |
| 2009-12-31 | zł17.70 Million | -41.37% |
| 2008-12-31 | zł30.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CI 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 213.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł27.23 Million | 17.79% |
| Common Stock | zł1.91 Million | 1.25% |
| Other Comprehensive Income | zł35.41 Million | 23.14% |
| Other Components | zł88.50 Million | 57.83% |
| Total Equity | zł153.05 Million | 100.00% |
CI Games SA Competitors by Market Cap
The table below lists competitors of CI Games SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FULL HOUSE RES DL-0001
F:F4L
|
$75.02 Million |
|
Richmond International Travel & Tours Co Ltd
TWO:2743
|
$75.04 Million |
|
Lanna Resources Public Company Limited
BK:LANNA
|
$75.08 Million |
|
Abion Inc.
KQ:203400
|
$75.09 Million |
|
Azkoyen
MC:AZK
|
$74.99 Million |
|
LX Hausys Ltd Preferred
KO:108675
|
$74.99 Million |
|
Lonyer Fuels
SHG:603003
|
$74.96 Million |
|
Whitehawk Therapeutics, Inc.
NASDAQ:WHWK
|
$74.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CI Games SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 157,597,000 to 153,053,000, a change of -4,544,000 (-2.9%).
- Net loss of 6,923,000 reduced equity.
- New share issuances of 9,931,000 increased equity.
- Other comprehensive income increased equity by 13,677,001.
- Other factors decreased equity by 21,229,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-6.92 Million | -4.52% |
| Share Issuances | zł9.93 Million | +6.49% |
| Other Comprehensive Income | zł13.68 Million | +8.94% |
| Other Changes | zł-21.23 Million | -13.87% |
| Total Change | zł- | -2.88% |
Book Value vs Market Value Analysis
This analysis compares CI 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: 3.70x
- 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 decreased from 12.82x to 3.70x 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 | zł0.24 | zł3.09 | x |
| 2009-12-31 | zł0.14 | zł3.09 | x |
| 2010-12-31 | zł0.34 | zł3.09 | x |
| 2011-12-31 | zł0.46 | zł3.09 | x |
| 2012-12-31 | zł0.31 | zł3.09 | x |
| 2013-12-31 | zł0.00 | zł3.09 | x |
| 2014-12-31 | zł0.60 | zł3.09 | x |
| 2015-12-31 | zł0.54 | zł3.09 | x |
| 2016-12-31 | zł0.58 | zł3.09 | x |
| 2017-12-31 | zł0.59 | zł3.09 | x |
| 2018-12-31 | zł0.44 | zł3.09 | x |
| 2019-12-31 | zł0.39 | zł3.09 | x |
| 2020-12-31 | zł0.57 | zł3.09 | x |
| 2021-12-31 | zł0.73 | zł3.09 | x |
| 2022-12-31 | zł0.76 | zł3.09 | x |
| 2023-12-31 | zł0.85 | zł3.09 | x |
| 2024-12-31 | zł0.83 | zł3.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CI 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): -4.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.57%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.53x
- Recent ROE (-4.52%) is below the historical average (2167.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 1.28% | 1.29% | 0.67x | 1.48x | zł-2.63 Million |
| 2009 | -71.60% | -42.81% | 0.83x | 2.02x | zł-14.44 Million |
| 2010 | 62.60% | 30.20% | 1.49x | 1.39x | zł22.60 Million |
| 2011 | 29.29% | 20.71% | 1.16x | 1.22x | zł11.15 Million |
| 2012 | -49.91% | -48.04% | 0.57x | 1.83x | zł-23.76 Million |
| 2013 | 36889.02% | 27.69% | 1094.83x | 1.22x | zł29.70 Million |
| 2014 | 2.51% | 1.91% | 1.10x | 1.20x | zł-6.22 Million |
| 2015 | -10.45% | -31.42% | 0.28x | 1.21x | zł-15.38 Million |
| 2016 | -19.42% | -67.02% | 0.21x | 1.41x | zł-24.60 Million |
| 2017 | 6.10% | 5.29% | 0.96x | 1.20x | zł-3.49 Million |
| 2018 | -33.96% | -103.22% | 0.24x | 1.38x | zł-29.37 Million |
| 2019 | -4.77% | -6.06% | 0.49x | 1.61x | zł-8.91 Million |
| 2020 | 7.36% | 15.42% | 0.42x | 1.14x | zł-2.54 Million |
| 2021 | 28.74% | 36.33% | 0.69x | 1.14x | zł25.00 Million |
| 2022 | 5.82% | 14.46% | 0.32x | 1.27x | zł-5.89 Million |
| 2023 | 8.28% | 5.33% | 0.89x | 1.74x | zł-2.71 Million |
| 2024 | -4.52% | -8.57% | 0.35x | 1.53x | zł-22.23 Million |
Industry Comparison
This section compares CI Games SA's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $36,727,191
- Average return on equity (ROE) among peers: 15.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CI Games SA (CIG) | zł156.65 Million | 1.28% | 0.71x | $75.00 Million |
| 11 bit studios S.A (11B) | $7.92 Million | 12.73% | 0.10x | $66.79 Million |
| All In! Games S.A. (ALG) | $-55.00K | 0.00% | 0.00x | $9.90 Million |
| Artifex Mundi SA (ART) | $107.90 Million | 25.40% | 0.24x | $28.67 Million |
| BoomBit S.A (BBT) | $73.91 Million | 6.81% | 0.65x | $3.20 Million |
| Big Cheese Studio S.A. (BCS) | $20.78 Million | 60.09% | 0.10x | $5.92 Million |
| Bloober Team SA (BLO) | $95.87 Million | 2.70% | 0.43x | $71.71 Million |
| Creepy Jar SA (CRJ) | $2.37 Million | -26.79% | 0.19x | $74.92 Million |
| Drago entertainment S.A. (DGE) | $14.42 Million | 25.22% | 0.18x | $1.91 Million |
| Gaming Factory S.A. (GIF) | $7.43 Million | 37.22% | 0.02x | $3.79 Million |