CI Games SA (CIG) - Net Assets

Latest as of September 2025: zł156.65 Million PLN ≈ $43.11 Million USD

Based on the latest financial reports, CI Games SA (CIG) has net assets worth zł156.65 Million PLN (≈ $43.11 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 (zł268.28 Million ≈ $73.83 Million USD) and total liabilities (zł111.63 Million ≈ $30.72 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 CIG asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore CIG total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see CI Games SA market cap and net worth.

Year	Net Assets	Change
2024-12-31	zł155.64 Million ≈ $42.83 Million	-2.90%
2023-12-31	zł160.28 Million ≈ $44.11 Million	+12.70%
2022-12-31	zł142.22 Million ≈ $39.14 Million	+5.26%
2021-12-31	zł135.11 Million ≈ $37.18 Million	+39.95%
2020-12-31	zł96.54 Million ≈ $26.57 Million	+60.06%
2019-12-31	zł60.32 Million ≈ $16.60 Million	-9.72%
2018-12-31	zł66.81 Million ≈ $18.39 Million	-25.29%
2017-12-31	zł89.43 Million ≈ $24.61 Million	+6.92%
2016-12-31	zł83.64 Million ≈ $23.02 Million	+11.19%
2015-12-31	zł75.23 Million ≈ $20.70 Million	-9.41%
2014-12-31	zł83.04 Million ≈ $22.85 Million	+102996.33%
2013-12-31	zł80.55K ≈ $22.17K	-99.80%
2012-12-31	zł39.66 Million ≈ $10.91 Million	-31.36%
2011-12-31	zł57.77 Million ≈ $15.90 Million	+34.47%
2010-12-31	zł42.96 Million ≈ $11.82 Million	+142.77%
2009-12-31	zł17.70 Million ≈ $4.87 Million	-41.37%
2008-12-31	zł30.18 Million ≈ $8.31 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
Columbus Circle Capital Corp I NASDAQ:BRR	$166.55 Million
Sandfire Resources America Inc V:SFR	$166.56 Million
China New Higher Education Group Limited F:8CN	$166.63 Million
Core Molding Technologies Inc NYSE MKT:CMT	$166.69 Million
Kartonsan Karton Sanayi ve Ticaret AS IS:KARTN	$166.38 Million
Prospector Metals Corp V:PPP	$166.33 Million
Omaxe Limited NSE:OMAXE	$166.31 Million
Trabzonspor Sportif Yatirim ve Futbol Isletmeciligi Ticaret AS IS:TSPOR	$166.30 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: 3.80x
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 13.17x to 3.80x 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	zł3.17	x
2009-12-31	zł0.14	zł3.17	x
2010-12-31	zł0.34	zł3.17	x
2011-12-31	zł0.46	zł3.17	x
2012-12-31	zł0.31	zł3.17	x
2013-12-31	zł0.00	zł3.17	x
2014-12-31	zł0.60	zł3.17	x
2015-12-31	zł0.54	zł3.17	x
2016-12-31	zł0.58	zł3.17	x
2017-12-31	zł0.59	zł3.17	x
2018-12-31	zł0.44	zł3.17	x
2019-12-31	zł0.39	zł3.17	x
2020-12-31	zł0.57	zł3.17	x
2021-12-31	zł0.73	zł3.17	x
2022-12-31	zł0.76	zł3.17	x
2023-12-31	zł0.85	zł3.17	x
2024-12-31	zł0.83	zł3.17	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: $114,514,438
Average return on equity (ROE) among peers: 65.32%

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	$166.48 Million
11 bit studios S.A (11B)	$227.07 Million	0.23%	0.14x	$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
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 CI Games SA

WAR:CIG Poland Electronic Gaming & Multimedia

Market Cap

$166.48 Million

zł604.91 Million PLN

Market Cap Rank

#17220 Global

#115 in Poland

Share Price

zł3.17

Change (1 day)

-0.63%

52-Week Range

zł1.80 - zł3.42

All Time High

zł7.05