Libet S.A. (LBT) - Net Assets

Latest as of December 2025: zł102.00 Million PLN ≈ $28.07 Million USD

Based on the latest financial reports, Libet S.A. (LBT) has net assets worth zł102.00 Million PLN (≈ $28.07 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł122.48 Million ≈ $33.71 Million USD) and total liabilities (zł20.49 Million ≈ $5.64 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 LBT asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł102.00 Million
% of Total Assets	83.27%
Annual Growth Rate	0.78%
5-Year Change	-19.87%
10-Year Change	-49.13%
Growth Volatility	35.32

Libet S.A. - Net Assets Trend (2010–2025)

This chart illustrates how Libet S.A.'s net assets have evolved over time, based on quarterly financial data. Also explore total assets of Libet S.A. for the complete picture of this company's asset base.

Annual Net Assets for Libet S.A. (2010–2025)

The table below shows the annual net assets of Libet S.A. from 2010 to 2025. For live valuation and market cap data, see LBT market cap overview.

Year	Net Assets	Change
2025-12-31	zł102.00 Million ≈ $28.07 Million	-10.56%
2024-12-31	zł114.04 Million ≈ $31.38 Million	+5.03%
2023-12-31	zł108.58 Million ≈ $29.88 Million	-7.43%
2022-12-31	zł117.30 Million ≈ $32.28 Million	-7.85%
2021-12-31	zł127.29 Million ≈ $35.03 Million	-9.54%
2020-12-31	zł140.72 Million ≈ $38.73 Million	-1.15%
2019-12-31	zł142.35 Million ≈ $39.18 Million	+14.59%
2018-12-31	zł124.22 Million ≈ $34.19 Million	-19.89%
2017-12-31	zł155.06 Million ≈ $42.68 Million	-22.66%
2016-12-31	zł200.50 Million ≈ $55.18 Million	-2.43%
2015-12-31	zł205.50 Million ≈ $56.56 Million	-7.10%
2014-12-31	zł221.19 Million ≈ $60.88 Million	+130.85%
2013-12-31	zł95.82 Million ≈ $26.37 Million	+14.64%
2012-12-31	zł83.58 Million ≈ $23.00 Million	-12.31%
2011-12-31	zł95.31 Million ≈ $26.23 Million	+4.96%
2010-12-31	zł90.81 Million ≈ $24.99 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Libet 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 decreased by 122.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	zł110.14 Million	107.99%
Total Equity	zł102.00 Million	100.00%

Libet S.A. Competitors by Market Cap

The table below lists competitors of Libet S.A. ranked by their market capitalization.

Company	Market Cap
OPG POWER VENTURES (OPB.SG) STU:OPB	$13.57 Million
Prochem S.A. WAR:PRM	$13.57 Million
Kadestone Capital Corp V:KDSX	$13.58 Million
BIOEXTRAX AB F:85X0	$13.58 Million
Malpac Holdings Bhd KLSE:4936	$13.56 Million
Aurora Spine Corp V:ASG	$13.55 Million
Elysee Development Corp V:ELC	$13.55 Million
Niobay Metals Inc V:NBY	$13.53 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Libet S.A.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 114,037,964 to 101,998,148, a change of -12,039,816 (-10.6%).
Net loss of 8,144,791 reduced equity.
Share repurchases of 15,682,260 reduced equity.
Other comprehensive income decreased equity by 113,537,964.
Other factors increased equity by 125,325,199.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	zł-8.14 Million	-7.99%
Share Repurchases	zł15.68 Million	-15.38%
Other Comprehensive Income	zł-113.54 Million	-111.31%
Other Changes	zł125.33 Million	+122.87%
Total Change	zł-	-10.56%

Book Value vs Market Value Analysis

This analysis compares Libet 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: 0.52x
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 0.74x to 0.52x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2010-12-31	zł1.82	zł1.34	x
2011-12-31	zł1.91	zł1.34	x
2012-12-31	zł1.67	zł1.34	x
2013-12-31	zł1.92	zł1.34	x
2014-12-31	zł4.42	zł1.34	x
2015-12-31	zł4.11	zł1.34	x
2016-12-31	zł4.01	zł1.34	x
2017-12-31	zł3.10	zł1.34	x
2018-12-31	zł2.48	zł1.34	x
2019-12-31	zł2.85	zł1.34	x
2020-12-31	zł2.81	zł1.34	x
2021-12-31	zł2.55	zł1.34	x
2022-12-31	zł2.35	zł1.34	x
2023-12-31	zł2.17	zł1.34	x
2024-12-31	zł2.28	zł1.34	x
2025-12-31	zł2.55	zł1.34	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Libet 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): -7.99%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -10.09%
• Asset Turnover: 0.66x
• Equity Multiplier: 1.20x
Recent ROE (-7.99%) is below the historical average (3.74%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	39.11%	15.84%	0.61x	4.05x	zł26.44 Million
2011	42.96%	14.23%	0.75x	4.02x	zł31.41 Million
2012	9.89%	3.95%	0.59x	4.23x	zł-92.78K
2013	12.77%	5.55%	0.60x	3.83x	zł2.66 Million
2014	4.01%	3.29%	0.66x	1.86x	zł-13.24 Million
2015	-2.05%	-1.47%	0.71x	1.95x	zł-24.76 Million
2016	-3.03%	-2.14%	0.72x	1.97x	zł-26.12 Million
2017	-13.74%	-7.39%	0.81x	2.29x	zł-36.81 Million
2018	-24.75%	-17.29%	0.60x	2.40x	zł-43.17 Million
2019	12.49%	8.89%	0.61x	2.30x	zł3.54 Million
2020	-1.16%	-0.65%	0.75x	2.36x	zł-15.71 Million
2021	-10.55%	-4.72%	0.88x	2.54x	zł-26.15 Million
2022	-8.52%	-3.89%	1.05x	2.09x	zł-21.72 Million
2023	-4.93%	-3.56%	0.89x	1.56x	zł-16.21 Million
2024	15.25%	15.95%	0.80x	1.20x	zł5.99 Million
2025	-7.99%	-10.09%	0.66x	1.20x	zł-18.34 Million

Industry Comparison

This section compares Libet S.A.'s net assets metrics with peer companies in the Building Products & Equipment industry.

Industry Context

Industry: Building Products & Equipment
Average net assets among peers: $445,189,500
Average return on equity (ROE) among peers: 11.30%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Libet S.A. (LBT)	zł102.00 Million	39.11%	0.20x	$13.56 Million
Ferro S.A. (FRO)	$455.94 Million	14.70%	0.69x	$174.22 Million
Zakłady Lentex SA (LTX)	$434.44 Million	7.90%	0.44x	$65.47 Million

About Libet S.A.

WAR:LBT Poland Building Products & Equipment

Market Cap

$13.56 Million

zł49.26 Million PLN

Market Cap Rank

#26260 Global

#280 in Poland

Share Price

zł1.34

Change (1 day)

-2.55%

52-Week Range

zł1.15 - zł1.62

All Time High

zł2.98