Globe Trade Centre S.A. Net Assets
Globe Trade Centre S.A. net assets. Based on the latest financial reports, Globe Trade Centre S.A. (GTC) has net assets worth zł1.02 Billion PLN (≈ $281.79 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł2.95 Billion ≈ $813.21 Million USD) and total liabilities (zł1.93 Billion ≈ $531.42 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. Also explore net asset growth rate of Globe Trade Centre S.A. to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł1.02 Billion |
| % of Total Assets | 34.65% |
| Annual Growth Rate | 5.84% |
| 5-Year Change | -7.34% |
| 10-Year Change | 30.38% |
| Growth Volatility | 81.86 |
Net Assets of Globe Trade Centre S.A. (2004–2025)
Net assets of Globe Trade Centre S.A. from 2004 to 2025. This chart illustrates how Globe Trade Centre S.A.'s net assets have evolved over time, based on quarterly financial data. See Globe Trade Centre S.A. net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Globe Trade Centre S.A. (2004–2025)
The table below shows the annual net assets of Globe Trade Centre S.A. from 2004 to 2025. For live market cap and overall valuation, see Globe Trade Centre S.A. (GTC) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł1.04 Billion ≈ $284.86 Million |
-12.01% |
| 2024-12-31 | zł1.18 Billion ≈ $323.73 Million |
+4.45% |
| 2023-12-31 | zł1.13 Billion ≈ $309.95 Million |
+362.86% |
| 2022-12-31 | zł243.32 Million ≈ $66.96 Million |
-78.22% |
| 2021-12-31 | zł1.12 Billion ≈ $307.41 Million |
+14.66% |
| 2020-12-31 | zł974.15 Million ≈ $268.10 Million |
-7.98% |
| 2019-12-31 | zł1.06 Billion ≈ $291.36 Million |
+3.71% |
| 2018-12-31 | zł1.02 Billion ≈ $280.94 Million |
+8.45% |
| 2017-12-31 | zł941.26 Million ≈ $259.05 Million |
+18.56% |
| 2016-12-31 | zł793.89 Million ≈ $218.49 Million |
+27.75% |
| 2015-12-31 | zł621.46 Million ≈ $171.03 Million |
+46.01% |
| 2014-12-31 | zł425.61 Million ≈ $117.14 Million |
-25.99% |
| 2013-12-31 | zł575.09 Million ≈ $158.27 Million |
-22.36% |
| 2012-12-31 | zł740.73 Million ≈ $203.86 Million |
+2.36% |
| 2011-12-31 | zł723.65 Million ≈ $199.16 Million |
-31.27% |
| 2010-12-31 | zł1.05 Billion ≈ $289.76 Million |
+4.17% |
| 2009-12-31 | zł1.01 Billion ≈ $278.17 Million |
-8.89% |
| 2008-12-31 | zł1.11 Billion ≈ $305.30 Million |
+12.87% |
| 2007-12-31 | zł982.78 Million ≈ $270.48 Million |
+34.34% |
| 2006-12-31 | zł731.58 Million ≈ $201.34 Million |
+57.81% |
| 2005-12-31 | zł463.59 Million ≈ $127.59 Million |
+47.65% |
| 2004-12-31 | zł313.98 Million ≈ $86.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Globe Trade Centre 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 69.9% over the analyzed period, indicating profitable operations and earnings retention.
Globe Trade Centre S.A. Net Assets Breakdown (December 2025)
Globe Trade Centre S.A. net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł338.11 Million | 34.24% |
| Common Stock | zł12.91 Million | 1.31% |
| Other Comprehensive Income | zł-32.92 Million | -3.33% |
| Other Components | zł669.31 Million | 67.78% |
| Total Equity | zł987.41 Million | 100.00% |
Globe Trade Centre S.A. Competitors by Market Cap
The table below lists competitors of Globe Trade Centre S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vinh Son Song Hinh Hydropower JSC
VN:VSH
|
$363.52 Million |
|
Monro Muffler Brake Inc
NASDAQ:MNRO
|
$363.54 Million |
|
Wabash National Corporation
NYSE:WNC
|
$363.63 Million |
|
Guoanda Co Ltd
SHE:300902
|
$363.67 Million |
|
Daodaoquan Grain and Oil Co Ltd
SHE:002852
|
$363.41 Million |
|
IBASE Technology
TWO:8050
|
$363.38 Million |
|
Trusval Technology Co Ltd
TWO:6667
|
$363.30 Million |
|
SNDL Inc.
NASDAQ:SNDL
|
$363.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Globe Trade Centre S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,127,800,000 to 987,412,050, a change of -140,387,950 (-12.4%).
- Net loss of 155,691,887 reduced equity.
- Other comprehensive income increased equity by 13,979,595.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-155.69 Million | -15.77% |
| Other Comprehensive Income | zł13.98 Million | +1.42% |
| Other Changes | zł1.32 Million | +0.13% |
| Total Change | zł- | -12.45% |
Book Value vs Market Value Analysis
This analysis compares Globe Trade Centre 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: 1.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.55x to 1.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | zł1.48 | zł2.30 | x |
| 2005-12-31 | zł2.09 | zł2.30 | x |
| 2006-12-31 | zł3.09 | zł2.30 | x |
| 2007-12-31 | zł3.94 | zł2.30 | x |
| 2008-12-31 | zł4.55 | zł2.30 | x |
| 2009-12-31 | zł4.00 | zł2.30 | x |
| 2010-12-31 | zł4.18 | zł2.30 | x |
| 2011-12-31 | zł3.09 | zł2.30 | x |
| 2012-12-31 | zł2.76 | zł2.30 | x |
| 2013-12-31 | zł1.91 | zł2.30 | x |
| 2014-12-31 | zł1.39 | zł2.30 | x |
| 2015-12-31 | zł1.73 | zł2.30 | x |
| 2016-12-31 | zł1.72 | zł2.30 | x |
| 2017-12-31 | zł2.01 | zł2.30 | x |
| 2018-12-31 | zł2.13 | zł2.30 | x |
| 2019-12-31 | zł2.16 | zł2.30 | x |
| 2020-12-31 | zł1.97 | zł2.30 | x |
| 2021-12-31 | zł2.26 | zł2.30 | x |
| 2022-12-31 | zł0.42 | zł2.30 | x |
| 2023-12-31 | zł1.92 | zł2.30 | x |
| 2024-12-31 | zł1.96 | zł2.30 | x |
| 2025-12-31 | zł1.72 | zł2.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Globe Trade Centre 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): -15.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -76.35%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 3.31x
- Recent ROE (-15.77%) is below the historical average (1.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 11.91% | 73.91% | 0.08x | 2.04x | zł5.83 Million |
| 2005 | 25.25% | 145.28% | 0.09x | 1.94x | zł70.60 Million |
| 2006 | 27.97% | 248.68% | 0.07x | 1.66x | zł131.47 Million |
| 2007 | 24.63% | 303.71% | 0.04x | 1.94x | zł139.52 Million |
| 2008 | 13.94% | 175.52% | 0.03x | 2.30x | zł43.32 Million |
| 2009 | -14.46% | -121.11% | 0.04x | 2.72x | zł-235.86 Million |
| 2010 | 2.84% | 16.94% | 0.06x | 2.70x | zł-72.25 Million |
| 2011 | -34.54% | -167.29% | 0.07x | 3.10x | zł-331.51 Million |
| 2012 | -12.77% | -65.52% | 0.07x | 2.84x | zł-172.44 Million |
| 2013 | -24.03% | -116.25% | 0.07x | 2.82x | zł-211.29 Million |
| 2014 | -37.26% | -187.80% | 0.06x | 3.10x | zł-230.37 Million |
| 2015 | 6.96% | 37.08% | 0.08x | 2.43x | zł-19.51 Million |
| 2016 | 19.95% | 129.67% | 0.07x | 2.34x | zł78.68 Million |
| 2017 | 16.68% | 121.41% | 0.06x | 2.33x | zł62.60 Million |
| 2018 | 8.98% | 59.24% | 0.07x | 2.32x | zł-10.37 Million |
| 2019 | 7.16% | 44.08% | 0.07x | 2.41x | zł-29.64 Million |
| 2020 | -7.33% | -43.83% | 0.06x | 2.59x | zł-165.95 Million |
| 2021 | 3.78% | 24.22% | 0.06x | 2.58x | zł-68.41 Million |
| 2022 | 9.79% | 13.95% | 0.29x | 2.40x | zł-504.80K |
| 2023 | 0.95% | 5.73% | 0.07x | 2.41x | zł-99.69 Million |
| 2024 | 4.51% | 27.15% | 0.06x | 2.86x | zł-61.88 Million |
| 2025 | -15.77% | -76.35% | 0.06x | 3.31x | zł-254.43 Million |
Industry Comparison
This section compares Globe Trade Centre S.A.'s net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $546,590,274
- Average return on equity (ROE) among peers: 50.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Globe Trade Centre S.A. (GTC) | zł1.02 Billion | 11.91% | 1.89x | $363.50 Million |
| NFI Octava SA (08N) | $64.77 Million | 0.34% | 0.18x | $7.18 Million |
| City Service SE (CTS) | $70.57 Million | 11.48% | 0.93x | $54.37 Million |
| Korporacja Gospodarcza efekt S.A (EFK) | $83.07 Million | 8.37% | 0.88x | $9.07 Million |
| Elkop SA (EKP) | $95.24 Million | 6.71% | 0.48x | $5.58 Million |
| HM Inwest S.A. (HMI) | $31.47 Million | 6.80% | 5.51x | $16.07 Million |
| Noble Financials SA (IBS) | $8.03 Million | 408.14% | 4.74x | $5.96 Million |
| MLP Group S.A. (MLG) | $2.50 Billion | 16.91% | 1.00x | $680.19 Million |
| Polski Holding Nieruchomości SA (PHN) | $2.07 Billion | -7.10% | 0.23x | $124.61 Million |
| Reinhold Europe AB (RHD) | $-1.09 Million | 0.00% | 0.00x | $1.63 Million |
About Globe Trade Centre S.A.
Globe Trade Centre S.A., a real estate developer and investor company, engages in the development, management, and rental of office, retail, and residential spaces. It operates in Poland, Hungary, Germany, Bucharest, Belgrade, Zagreb, Sofia, and internationally. The company was founded in 1994 and is headquartered in Warsaw, Poland. Globe Trade Centre S.A. is a subsidiary of GTC Dutch Holdings B.… Read more