Enea S.A.
ENEA S.A., together with its subsidiaries, generates, transmits, distributes, and trades in electricity in Poland. The company generates electricity from wind farms, and hydropower and biogas plants, as well as photovoltaic farms. It also produces and sells coal and heat; maintains and modernizes road lighting equipment; and provides transport, repair, and construction services. It sells electric… Read more
Enea S.A. (ENA) - Net Assets
Latest net assets as of September 2025: zł18.73 Billion PLN
Based on the latest financial reports, Enea S.A. (ENA) has net assets worth zł18.73 Billion PLN as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł39.21 Billion) and total liabilities (zł20.48 Billion). 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 | zł18.73 Billion |
| % of Total Assets | 47.77% |
| Annual Growth Rate | 5.32% |
| 5-Year Change | 24.73% |
| 10-Year Change | 34.73% |
| Growth Volatility | 9.29 |
Enea S.A. - Net Assets Trend (2007–2024)
This chart illustrates how Enea S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Enea S.A. (2007–2024)
The table below shows the annual net assets of Enea S.A. from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł16.33 Billion | +5.79% |
| 2023-12-31 | zł15.44 Billion | -4.38% |
| 2022-12-31 | zł16.15 Billion | +6.38% |
| 2021-12-31 | zł15.18 Billion | +15.91% |
| 2020-12-31 | zł13.09 Billion | -15.41% |
| 2019-12-31 | zł15.48 Billion | +2.86% |
| 2018-12-31 | zł15.05 Billion | +7.50% |
| 2017-12-31 | zł14.00 Billion | +7.59% |
| 2016-12-31 | zł13.01 Billion | +7.33% |
| 2015-12-31 | zł12.12 Billion | +0.49% |
| 2014-12-31 | zł12.06 Billion | +5.01% |
| 2013-12-31 | zł11.49 Billion | +5.03% |
| 2012-12-31 | zł10.94 Billion | +4.38% |
| 2011-12-31 | zł10.48 Billion | +6.11% |
| 2010-12-31 | zł9.88 Billion | +5.38% |
| 2009-12-31 | zł9.37 Billion | +3.86% |
| 2008-12-31 | zł9.02 Billion | +33.37% |
| 2007-12-31 | zł6.77 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Enea 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 217.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł11.32 Billion | 73.91% |
| Common Stock | zł529.73 Million | 3.46% |
| Other Comprehensive Income | zł7.77 Million | 0.05% |
| Other Components | zł3.46 Billion | 22.58% |
| Total Equity | zł15.31 Billion | 100.00% |
Enea S.A. Competitors by Market Cap
The table below lists competitors of Enea S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alkami Technology Inc
NASDAQ:ALKT
|
$1.28 Billion |
|
Capital Southwest Corporation
NASDAQ:CSWC
|
$1.28 Billion |
|
Huizhou Speed Wireless Technology Co Ltd
SHE:300322
|
$1.28 Billion |
|
Beijing Sojo Electric Co Ltd
SHE:300444
|
$1.28 Billion |
|
Spartan Resources Ltd
AU:SPR
|
$1.28 Billion |
|
4imprint Group plc
PINK:FRRFF
|
$1.28 Billion |
|
Maha Properti Indonesia Tbk PT
JK:MPRO
|
$1.28 Billion |
|
Henan Yicheng New Energy Co Ltd
SHE:300080
|
$1.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enea S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,938,930,000 to 15,309,592,000, a change of 1,370,662,000 (9.8%).
- Net income of 1,395,787,000 contributed positively to equity growth.
- Dividend payments of 30,260,000 reduced retained earnings.
- Other comprehensive income decreased equity by 194,054,000.
- Other factors increased equity by 199,189,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł1.40 Billion | +9.12% |
| Dividends Paid | zł30.26 Million | -0.2% |
| Other Comprehensive Income | zł-194.05 Million | -1.27% |
| Other Changes | zł199.19 Million | +1.3% |
| Total Change | zł- | 9.83% |
Book Value vs Market Value Analysis
This analysis compares Enea 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: 0.82x
- 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 decreased from 1.55x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | zł15.32 | zł23.80 | x |
| 2008-12-31 | zł20.37 | zł23.80 | x |
| 2009-12-31 | zł21.18 | zł23.80 | x |
| 2010-12-31 | zł22.32 | zł23.80 | x |
| 2011-12-31 | zł23.67 | zł23.80 | x |
| 2012-12-31 | zł24.73 | zł23.80 | x |
| 2013-12-31 | zł25.98 | zł23.80 | x |
| 2014-12-31 | zł27.22 | zł23.80 | x |
| 2015-12-31 | zł25.68 | zł23.80 | x |
| 2016-12-31 | zł27.58 | zł23.80 | x |
| 2017-12-31 | zł29.63 | zł23.80 | x |
| 2018-12-31 | zł31.93 | zł23.80 | x |
| 2019-12-31 | zł32.75 | zł23.80 | x |
| 2020-12-31 | zł27.27 | zł23.80 | x |
| 2021-12-31 | zł31.74 | zł23.80 | x |
| 2022-12-31 | zł29.66 | zł23.80 | x |
| 2023-12-31 | zł26.31 | zł23.80 | x |
| 2024-12-31 | zł28.90 | zł23.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enea 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): 9.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.47%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.58x
- Recent ROE (9.12%) is above the historical average (3.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 7.71% | 9.58% | 0.55x | 1.45x | zł-154.81 Million |
| 2008 | 2.39% | 3.50% | 0.51x | 1.33x | zł-683.96 Million |
| 2009 | 5.49% | 7.17% | 0.59x | 1.31x | zł-421.30 Million |
| 2010 | 6.49% | 7.90% | 0.63x | 1.30x | zł-346.00 Million |
| 2011 | 7.59% | 8.19% | 0.71x | 1.31x | zł-251.78 Million |
| 2012 | 6.57% | 7.09% | 0.69x | 1.35x | zł-374.34 Million |
| 2013 | 6.24% | 7.79% | 0.56x | 1.42x | zł-431.49 Million |
| 2014 | 7.56% | 9.19% | 0.55x | 1.51x | zł-293.12 Million |
| 2015 | -3.84% | -4.40% | 0.43x | 2.03x | zł-1.57 Billion |
| 2016 | 6.44% | 6.96% | 0.46x | 2.02x | zł-433.21 Million |
| 2017 | 8.18% | 9.35% | 0.40x | 2.16x | zł-237.65 Million |
| 2018 | 4.87% | 5.39% | 0.43x | 2.13x | zł-722.96 Million |
| 2019 | 2.93% | 2.67% | 0.48x | 2.27x | zł-1.02 Billion |
| 2020 | -18.85% | -12.45% | 0.61x | 2.48x | zł-3.47 Billion |
| 2021 | 12.07% | 7.95% | 0.61x | 2.47x | zł289.82 Million |
| 2022 | 0.30% | 0.15% | 0.80x | 2.52x | zł-1.44 Billion |
| 2023 | -5.05% | -1.60% | 1.13x | 2.81x | zł-2.10 Billion |
| 2024 | 9.12% | 4.47% | 0.79x | 2.58x | zł-135.17 Million |
Industry Comparison
This section compares Enea S.A.'s net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $3,218,856,500
- Average return on equity (ROE) among peers: 786.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enea S.A. (ENA) | zł18.73 Billion | 7.71% | 1.09x | $1.28 Billion |
| Elektrocieplownia Bedzin (BDZ) | $20.86 Million | 3065.46% | 0.54x | $4.15 Million |
| EuroHold Bulgaria AD (EHG) | $117.71 Million | 65.62% | 20.04x | $64.86 Million |
| 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 |