Lubelski Wegiel Bogdanka S.A. (LWB) - Net Assets

Latest as of September 2025: zł2.83 Billion PLN ≈ $778.96 Million USD

Based on the latest financial reports, Lubelski Wegiel Bogdanka S.A. (LWB) has net assets worth zł2.83 Billion PLN (≈ $778.96 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 (zł3.95 Billion ≈ $1.09 Billion USD) and total liabilities (zł1.12 Billion ≈ $308.44 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 Lubelski Wegiel Bogdanka S.A. liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł2.83 Billion
% of Total Assets	71.64%
Annual Growth Rate	5.69%
5-Year Change	-17.98%
10-Year Change	27.51%
Growth Volatility	18.47

Lubelski Wegiel Bogdanka S.A. - Net Assets Trend (2008–2024)

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

Annual Net Assets for Lubelski Wegiel Bogdanka S.A. (2008–2024)

The table below shows the annual net assets of Lubelski Wegiel Bogdanka S.A. from 2008 to 2024. For live valuation and market cap data, see Lubelski Wegiel Bogdanka S.A. stock valuation.

Year	Net Assets	Change
2024-12-31	zł2.71 Billion ≈ $744.87 Million	-37.12%
2023-12-31	zł4.30 Billion ≈ $1.18 Billion	+16.08%
2022-12-31	zł3.71 Billion ≈ $1.02 Billion	+3.17%
2021-12-31	zł3.59 Billion ≈ $989.04 Million	+8.91%
2020-12-31	zł3.30 Billion ≈ $908.16 Million	+2.21%
2019-12-31	zł3.23 Billion ≈ $888.53 Million	+9.44%
2018-12-31	zł2.95 Billion ≈ $811.91 Million	+1.67%
2017-12-31	zł2.90 Billion ≈ $798.54 Million	+26.57%
2016-12-31	zł2.29 Billion ≈ $630.90 Million	+8.00%
2015-12-31	zł2.12 Billion ≈ $584.18 Million	-15.90%
2014-12-31	zł2.52 Billion ≈ $694.59 Million	+2.78%
2013-12-31	zł2.46 Billion ≈ $675.80 Million	+6.93%
2012-12-31	zł2.30 Billion ≈ $632.00 Million	+7.17%
2011-12-31	zł2.14 Billion ≈ $589.69 Million	+8.82%
2010-12-31	zł1.97 Billion ≈ $541.90 Million	+13.23%
2009-12-31	zł1.74 Billion ≈ $478.57 Million	+55.85%
2008-12-31	zł1.12 Billion ≈ $307.07 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Lubelski Wegiel Bogdanka 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 359.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	zł301.16 Million	11.17%
Other Comprehensive Income	zł3.59 Billion	133.09%
Total Equity	zł2.70 Billion	100.00%

Lubelski Wegiel Bogdanka S.A. Competitors by Market Cap

The table below lists competitors of Lubelski Wegiel Bogdanka S.A. ranked by their market capitalization.

Company	Market Cap
Qudian Inc F:1QU	$236.46 Million
Dimand S.A. AT:DIMAND	$236.54 Million
Nexen Corporation KO:005720	$236.58 Million
Arkade Developers Ltd NSE:ARKADE	$236.65 Million
AGORA INC. SP.ADS/4 CL.A F:9AG1	$236.29 Million
ABEONA THERAPEUT. DL-01 F:PCJ	$236.27 Million
Praemium Ltd AU:PPS	$236.27 Million
Izmir Demir Celik Sanayi AS IS:IZMDC	$236.18 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 4,293,620,000 to 2,695,327,000, a change of -1,598,293,000 (-37.2%).
Net loss of 1,492,243,000 reduced equity.
Dividend payments of 85,165,000 reduced retained earnings.
Other comprehensive income increased equity by 601,957,000.
Other factors decreased equity by 622,842,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	zł-1.49 Billion	-55.36%
Dividends Paid	zł85.17 Million	-3.16%
Other Comprehensive Income	zł601.96 Million	+22.33%
Other Changes	zł-622.84 Million	-23.11%
Total Change	zł-	-37.22%

Book Value vs Market Value Analysis

This analysis compares Lubelski Wegiel Bogdanka 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: 0.32x
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 0.53x to 0.32x 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	zł48.07	zł25.25	x
2009-12-31	zł60.01	zł25.25	x
2010-12-31	zł57.62	zł25.25	x
2011-12-31	zł62.71	zł25.25	x
2012-12-31	zł67.22	zł25.25	x
2013-12-31	zł71.89	zł25.25	x
2014-12-31	zł73.92	zł25.25	x
2015-12-31	zł62.12	zł25.25	x
2016-12-31	zł67.10	zł25.25	x
2017-12-31	zł85.01	zł25.25	x
2018-12-31	zł86.43	zł25.25	x
2019-12-31	zł94.61	zł25.25	x
2020-12-31	zł96.71	zł25.25	x
2021-12-31	zł106.05	zł25.25	x
2022-12-31	zł108.69	zł25.25	x
2023-12-31	zł126.23	zł25.25	x
2024-12-31	zł79.24	zł25.25	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Lubelski Wegiel Bogdanka 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): -55.36%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -40.72%
• Asset Turnover: 0.94x
• Equity Multiplier: 1.45x
Recent ROE (-55.36%) is below the historical average (5.27%), 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	14.10%	15.10%	0.62x	1.50x	zł45.38 Million
2009	11.07%	17.12%	0.45x	1.43x	zł18.48 Million
2010	11.73%	18.68%	0.44x	1.44x	zł33.83 Million
2011	10.36%	16.98%	0.42x	1.44x	zł7.61 Million
2012	12.66%	15.76%	0.53x	1.52x	zł60.73 Million
2013	13.47%	17.34%	0.49x	1.57x	zł84.89 Million
2014	10.85%	13.55%	0.46x	1.74x	zł21.41 Million
2015	-13.24%	-14.84%	0.52x	1.72x	zł-491.13 Million
2016	7.95%	10.16%	0.47x	1.67x	zł-46.69 Million
2017	23.09%	37.50%	0.43x	1.44x	zł378.46 Million
2018	1.82%	3.05%	0.45x	1.34x	zł-240.37 Million
2019	9.59%	14.30%	0.51x	1.32x	zł-13.26 Million
2020	2.22%	4.00%	0.42x	1.33x	zł-256.06 Million
2021	8.51%	12.54%	0.52x	1.30x	zł-53.68 Million
2022	4.74%	7.15%	0.51x	1.30x	zł-194.37 Million
2023	16.00%	17.44%	0.68x	1.34x	zł257.61 Million
2024	-55.36%	-40.72%	0.94x	1.45x	zł-1.76 Billion

Industry Comparison

This section compares Lubelski Wegiel Bogdanka S.A.'s net assets metrics with peer companies in the Thermal Coal industry.

Industry Context

Industry: Thermal Coal
Average net assets among peers: $2,106,852,250
Average return on equity (ROE) among peers: -14.60%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Lubelski Wegiel Bogdanka S.A. (LWB)	zł2.83 Billion	14.10%	0.40x	$236.37 Million
Bumech S.A. (BMC)	$48.56 Million	-74.44%	2.27x	$84.55 Million
Clean & Carbon Energy S.A. (CCE)	$124.05 Million	5.16%	0.08x	$3.04 Million
Coal Energy S.A. (CLE)	$-43.00 Million	0.00%	0.00x	$30.25 Million
Jastrzebska Spotka Weglowa SA (JSW)	$8.30 Billion	10.89%	0.92x	$914.47 Million

About Lubelski Wegiel Bogdanka S.A.

WAR:LWB Poland Thermal Coal

Market Cap

$236.37 Million

zł858.84 Million PLN

Market Cap Rank

#15911 Global

#98 in Poland

Share Price

zł25.25

Change (1 day)

+2.64%

52-Week Range

zł17.58 - zł37.00

All Time High

zł66.51