Polski Holding Nieruchomości SA
Polski Holding Nieruchomosci S.A. engages in real estate management and development project implementation activities in Poland. It invests in, rents, and sells office, residential, commercial, and logistics properties. The company was formerly known as Grupa PHN S.A. and changed its name to Polski Holding Nieruchomosci S.A. in April 2012. The company is based in Warsaw, Poland.
Polski Holding Nieruchomości SA (PHN) - Net Assets
Latest net assets as of September 2025: zł2.23 Billion PLN
Based on the latest financial reports, Polski Holding Nieruchomości SA (PHN) has net assets worth zł2.23 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 (zł4.69 Billion) and total liabilities (zł2.47 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 | zł2.23 Billion |
| % of Total Assets | 47.41% |
| Annual Growth Rate | -0.09% |
| 5-Year Change | -10.99% |
| 10-Year Change | 3.22% |
| Growth Volatility | 5.54 |
Polski Holding Nieruchomości SA - Net Assets Trend (2011–2024)
This chart illustrates how Polski Holding Nieruchomości SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Polski Holding Nieruchomości SA (2011–2024)
The table below shows the annual net assets of Polski Holding Nieruchomości SA from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł2.05 Billion | -8.48% |
| 2023-12-31 | zł2.24 Billion | -7.77% |
| 2022-12-31 | zł2.42 Billion | +1.36% |
| 2021-12-31 | zł2.39 Billion | +4.05% |
| 2020-12-31 | zł2.30 Billion | +0.73% |
| 2019-12-31 | zł2.28 Billion | +11.45% |
| 2018-12-31 | zł2.05 Billion | +1.72% |
| 2017-12-31 | zł2.01 Billion | +0.96% |
| 2016-12-31 | zł1.99 Billion | +0.57% |
| 2015-12-31 | zł1.98 Billion | -0.90% |
| 2014-12-31 | zł2.00 Billion | +0.40% |
| 2013-12-31 | zł1.99 Billion | +5.67% |
| 2012-12-31 | zł1.89 Billion | -8.87% |
| 2011-12-31 | zł2.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Polski Holding Nieruchomości 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 grown by 32230000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | zł51.20 Million | 2.53% |
| Other Comprehensive Income | zł183.60 Million | 9.07% |
| Other Components | zł1.87 Billion | 92.39% |
| Total Equity | zł2.03 Billion | 100.00% |
Polski Holding Nieruchomości SA Competitors by Market Cap
The table below lists competitors of Polski Holding Nieruchomości SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mayur Resources Ltd
AU:MRL
|
$33.12 Million |
|
Caprice Resources Ltd
AU:CRS
|
$33.13 Million |
|
Defense Metals Corp
OTCQB:DFMTF
|
$33.13 Million |
|
I Controls Inc
KO:039570
|
$33.14 Million |
|
Tiong Nam Logistics Holdings Bhd
KLSE:8397
|
$33.11 Million |
|
SKM Egg Products Export (India) Limited
NSE:SKMEGGPROD
|
$33.09 Million |
|
Lam Soon (Thailand) Public Company Limited
BK:LST
|
$33.07 Million |
|
ATM Grupa S.A.
WAR:ATG
|
$33.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Polski Holding Nieruchomości SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,213,600,000 to 2,025,300,000, a change of -188,300,000 (-8.5%).
- Net loss of 183,000,000 reduced equity.
- Other comprehensive income decreased equity by 14,900,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-183.00 Million | -9.04% |
| Other Comprehensive Income | zł-14.90 Million | -0.74% |
| Other Changes | zł9.60 Million | +0.47% |
| Total Change | zł- | -8.51% |
Book Value vs Market Value Analysis
This analysis compares Polski Holding Nieruchomości 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: 0.24x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | zł43.30 | zł9.58 | x |
| 2012-12-31 | zł39.41 | zł9.58 | x |
| 2013-12-31 | zł42.60 | zł9.58 | x |
| 2014-12-31 | zł42.33 | zł9.58 | x |
| 2015-12-31 | zł41.84 | zł9.58 | x |
| 2016-12-31 | zł42.08 | zł9.58 | x |
| 2017-12-31 | zł42.43 | zł9.58 | x |
| 2018-12-31 | zł43.18 | zł9.58 | x |
| 2019-12-31 | zł48.00 | zł9.58 | x |
| 2020-12-31 | zł44.52 | zł9.58 | x |
| 2021-12-31 | zł46.37 | zł9.58 | x |
| 2022-12-31 | zł47.02 | zł9.58 | x |
| 2023-12-31 | zł43.23 | zł9.58 | x |
| 2024-12-31 | zł39.56 | zł9.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Polski Holding Nieruchomości 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): -9.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.43%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 2.26x
- Recent ROE (-9.04%) is below the historical average (-0.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -7.82% | -68.48% | 0.08x | 1.35x | zł-334.81 Million |
| 2012 | -9.99% | -91.00% | 0.08x | 1.34x | zł-341.85 Million |
| 2013 | 5.37% | 58.38% | 0.07x | 1.32x | zł-86.17 Million |
| 2014 | 5.40% | 63.12% | 0.07x | 1.17x | zł-89.61 Million |
| 2015 | 2.52% | 30.75% | 0.06x | 1.29x | zł-145.88 Million |
| 2016 | 1.57% | 17.56% | 0.07x | 1.36x | zł-165.72 Million |
| 2017 | 1.59% | 19.86% | 0.06x | 1.33x | zł-167.08 Million |
| 2018 | 2.36% | 28.22% | 0.06x | 1.38x | zł-154.40 Million |
| 2019 | 3.07% | 33.05% | 0.06x | 1.68x | zł-156.00 Million |
| 2020 | 3.17% | 9.68% | 0.18x | 1.83x | zł-155.05 Million |
| 2021 | 3.32% | 16.38% | 0.11x | 1.82x | zł-158.70 Million |
| 2022 | 1.28% | 4.91% | 0.14x | 1.90x | zł-209.93 Million |
| 2023 | -7.30% | -28.29% | 0.12x | 2.09x | zł-382.86 Million |
| 2024 | -9.04% | -22.43% | 0.18x | 2.26x | zł-385.53 Million |
Industry Comparison
This section compares Polski Holding Nieruchomości SA's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $186,419,521
- Average return on equity (ROE) among peers: 11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Polski Holding Nieruchomości SA (PHN) | zł2.23 Billion | -7.82% | 1.11x | $33.12 Million |
| NFI Octava SA (08N) | $52.49 Million | -8.96% | 0.47x | $1.46K |
| City Service SE (CTS) | $69.13 Million | 2.00% | 1.00x | $7.50 Million |
| Korporacja Gospodarcza efekt S.A (EFK) | $40.91 Million | 21.40% | 1.71x | $2.24 Million |
| Elkop SA (EKP) | $59.34 Million | 2.80% | 0.58x | $2.02 Million |
| Globe Trade Centre S.A. (GTC) | $463.59 Million | 25.21% | 0.94x | $112.62 Million |
| HM Inwest S.A. (HMI) | $25.16 Million | 11.73% | 2.09x | $103.24K |
| Noble Financials SA (IBS) | $41.66 Million | 31.23% | 1.94x | $3.39 Million |
| MLP Group S.A. (MLG) | $938.55 Million | 13.78% | 1.21x | $163.87 Million |
| Reinhold Europe AB (RHD) | $-13.06 Million | 0.00% | 0.00x | $1.28 Million |