PZ Cormay SA (CRM) - Net Assets

Latest as of September 2025: zł48.05 Million PLN ≈ $13.22 Million USD

Based on the latest financial reports, PZ Cormay SA (CRM) has net assets worth zł48.05 Million PLN (≈ $13.22 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 (zł83.76 Million ≈ $23.05 Million USD) and total liabilities (zł35.71 Million ≈ $9.83 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 PZ Cormay SA's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł48.05 Million
% of Total Assets	57.37%
Annual Growth Rate	6.25%
5-Year Change	-21.03%
10-Year Change	-71.29%
Growth Volatility	42.86

PZ Cormay SA - Net Assets Trend (2008–2024)

This chart illustrates how PZ Cormay SA's net assets have evolved over time, based on quarterly financial data. Also explore PZ Cormay SA (CRM) total assets for the complete picture of this company's asset base.

Annual Net Assets for PZ Cormay SA (2008–2024)

The table below shows the annual net assets of PZ Cormay SA from 2008 to 2024. For live valuation and market cap data, see CRM stock market capitalisation.

Year	Net Assets	Change
2024-12-31	zł50.00 Million ≈ $13.76 Million	-10.18%
2023-12-31	zł55.67 Million ≈ $15.32 Million	-9.86%
2022-12-31	zł61.76 Million ≈ $17.00 Million	-6.01%
2021-12-31	zł65.70 Million ≈ $18.08 Million	+3.77%
2020-12-31	zł63.32 Million ≈ $17.43 Million	-14.23%
2019-12-31	zł73.82 Million ≈ $20.32 Million	-37.81%
2018-12-31	zł118.70 Million ≈ $32.67 Million	-12.52%
2017-12-31	zł135.68 Million ≈ $37.34 Million	-6.31%
2016-12-31	zł144.82 Million ≈ $39.86 Million	-16.84%
2015-12-31	zł174.15 Million ≈ $47.93 Million	-6.74%
2014-12-31	zł186.73 Million ≈ $51.39 Million	-18.10%
2013-12-31	zł227.99 Million ≈ $62.75 Million	+18.46%
2012-12-31	zł192.46 Million ≈ $52.97 Million	+79.26%
2011-12-31	zł107.36 Million ≈ $29.55 Million	+61.57%
2010-12-31	zł66.45 Million ≈ $18.29 Million	+55.23%
2009-12-31	zł42.81 Million ≈ $11.78 Million	+125.84%
2008-12-31	zł18.95 Million ≈ $5.22 Million	--

Equity Component Analysis

This analysis shows how different components contribute to PZ Cormay 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 decreased by 2524.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	zł84.20 Million	169.91%
Other Comprehensive Income	zł5.94 Million	11.98%
Other Components	zł92.81 Million	187.27%
Total Equity	zł49.56 Million	100.00%

PZ Cormay SA Competitors by Market Cap

The table below lists competitors of PZ Cormay SA ranked by their market capitalization.

Company	Market Cap
Xinyuan Real Estate Co Ltd NYSE:XIN	$13.49 Million
Auking Mining Ltd AU:AKN	$13.50 Million
Mustera Property Group Ltd AU:MPX	$13.51 Million
Caspar WAR:CSR	$13.52 Million
Energisme PA:ALNRG	$13.48 Million
Visesh Infotecnics Limited NSE:VISESHINFO	$13.47 Million
Cliq Digital AG XETRA:CLIQ	$13.46 Million
Regenbogen AG F:RGB	$13.46 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in PZ Cormay SA's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 55,256,000 to 49,560,000, a change of -5,696,000 (-10.3%).
Net loss of 5,267,000 reduced equity.
Dividend payments of 203,000 reduced retained earnings.
Other comprehensive income decreased equity by 390,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	zł-5.27 Million	-10.63%
Dividends Paid	zł203.00K	-0.41%
Other Comprehensive Income	zł-390.00K	-0.79%
Other Changes	zł164.00K	+0.33%
Total Change	zł-	-10.31%

Book Value vs Market Value Analysis

This analysis compares PZ Cormay 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: 0.99x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has increased from 0.40x to 0.99x 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	zł1.45	zł0.58	x
2009-12-31	zł1.78	zł0.58	x
2010-12-31	zł2.47	zł0.58	x
2011-12-31	zł3.30	zł0.58	x
2012-12-31	zł4.93	zł0.58	x
2013-12-31	zł3.67	zł0.58	x
2014-12-31	zł2.48	zł0.58	x
2015-12-31	zł2.16	zł0.58	x
2016-12-31	zł1.60	zł0.58	x
2017-12-31	zł1.97	zł0.58	x
2018-12-31	zł1.43	zł0.58	x
2019-12-31	zł0.86	zł0.58	x
2020-12-31	zł0.74	zł0.58	x
2021-12-31	zł0.77	zł0.58	x
2022-12-31	zł0.73	zł0.58	x
2023-12-31	zł0.61	zł0.58	x
2024-12-31	zł0.59	zł0.58	x

Capital Efficiency Dashboard

This dashboard shows how efficiently PZ Cormay 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): -10.63%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -5.75%
• Asset Turnover: 1.02x
• Equity Multiplier: 1.81x
Recent ROE (-10.63%) is below the historical average (-8.36%), 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	7.49%	4.57%	1.12x	1.47x	zł-475.30K
2009	6.91%	7.69%	0.76x	1.19x	zł-1.32 Million
2010	9.23%	9.90%	0.73x	1.28x	zł-514.80K
2011	12.95%	15.56%	0.56x	1.48x	zł3.19 Million
2012	8.92%	14.58%	0.43x	1.44x	zł-1.87 Million
2013	4.00%	6.80%	0.34x	1.73x	zł-10.28 Million
2014	-48.13%	-47.30%	0.39x	2.58x	zł-57.20 Million
2015	-4.09%	-11.46%	0.20x	1.80x	zł-17.75 Million
2016	-10.77%	-13.36%	0.44x	1.84x	zł-21.19 Million
2017	-1.57%	-2.60%	0.44x	1.35x	zł-14.91 Million
2018	-22.36%	-35.79%	0.43x	1.45x	zł-36.16 Million
2019	-56.78%	-59.89%	0.67x	1.42x	zł-48.19 Million
2020	-20.28%	-19.40%	0.70x	1.50x	zł-18.91 Million
2021	2.52%	1.93%	0.85x	1.54x	zł-4.85 Million
2022	-11.37%	-8.16%	0.84x	1.66x	zł-13.09 Million
2023	-8.21%	-5.51%	0.88x	1.70x	zł-10.06 Million
2024	-10.63%	-5.75%	1.02x	1.81x	zł-10.22 Million

Industry Comparison

This section compares PZ Cormay SA's net assets metrics with peer companies in the Scientific & Technical Instruments industry.

Industry Context

Industry: Scientific & Technical Instruments
Average net assets among peers: $56,813,242
Average return on equity (ROE) among peers: 17.97%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
PZ Cormay SA (CRM)	zł48.05 Million	7.49%	0.74x	$13.49 Million
Aplisens SA (APN)	$69.61 Million	10.06%	0.07x	$54.31 Million
Introl S.A. (INL)	$114.74 Million	10.92%	0.35x	$54.05 Million
Sonel S.A. (SON)	$62.95 Million	10.13%	0.19x	$54.71 Million
Satis Group S.A. (STS)	$29.16 Million	24.06%	1.49x	$1.01 Million
Neptis (YAN)	$7.61 Million	34.69%	2.11x	$41.28 Million

About PZ Cormay SA

WAR:CRM Poland Scientific & Technical Instruments

Market Cap

$13.49 Million

zł49.01 Million PLN

Market Cap Rank

#26129 Global

#277 in Poland

Share Price

zł0.58

Change (1 day)

+4.30%

52-Week Range

zł0.35 - zł0.79

All Time High

zł3.52