Polski Koncern Naftowy ORLEN SA Net Assets
Polski Koncern Naftowy ORLEN SA net assets. Based on the latest financial reports, Polski Koncern Naftowy ORLEN SA (PKN) has net assets worth zł144.54 Billion PLN (≈ $39.78 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł265.05 Billion ≈ $72.95 Billion USD) and total liabilities (zł120.50 Billion ≈ $33.16 Billion 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. See Polski Koncern Naftowy ORLEN SA balance sheet independence to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł144.54 Billion |
| % of Total Assets | 54.53% |
| Annual Growth Rate | 12.21% |
| 5-Year Change | 191.58% |
| 10-Year Change | 423.5% |
| Growth Volatility | 34.94 |
Net Assets of Polski Koncern Naftowy ORLEN SA (2004–2025)
Net assets of Polski Koncern Naftowy ORLEN SA from 2004 to 2025. This chart illustrates how Polski Koncern Naftowy ORLEN SA's net assets have evolved over time, based on quarterly financial data. Also explore Polski Koncern Naftowy ORLEN SA annual equity growth to track the company's year-over-year net asset growth rate.
Annual Net Assets for Polski Koncern Naftowy ORLEN SA (2004–2025)
The table below shows the annual net assets of Polski Koncern Naftowy ORLEN SA from 2004 to 2025. For live market cap and overall valuation, see market value of Polski Koncern Naftowy ORLEN SA.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł153.31 Billion ≈ $42.19 Billion |
+0.03% |
| 2024-12-31 | zł153.26 Billion ≈ $42.18 Billion |
+0.05% |
| 2023-12-31 | zł153.18 Billion ≈ $42.16 Billion |
+11.84% |
| 2022-12-31 | zł136.96 Billion ≈ $37.69 Billion |
+160.49% |
| 2021-12-31 | zł52.58 Billion ≈ $14.47 Billion |
+24.07% |
| 2020-12-31 | zł42.38 Billion ≈ $11.66 Billion |
+9.77% |
| 2019-12-31 | zł38.61 Billion ≈ $10.63 Billion |
+8.02% |
| 2018-12-31 | zł35.74 Billion ≈ $9.84 Billion |
+1.50% |
| 2017-12-31 | zł35.21 Billion ≈ $9.69 Billion |
+20.24% |
| 2016-12-31 | zł29.29 Billion ≈ $8.06 Billion |
+20.79% |
| 2015-12-31 | zł24.24 Billion ≈ $6.67 Billion |
+18.92% |
| 2014-12-31 | zł20.39 Billion ≈ $5.61 Billion |
-26.01% |
| 2013-12-31 | zł27.55 Billion ≈ $7.58 Billion |
-2.67% |
| 2012-12-31 | zł28.31 Billion ≈ $7.79 Billion |
+5.63% |
| 2011-12-31 | zł26.80 Billion ≈ $7.38 Billion |
+10.56% |
| 2010-12-31 | zł24.24 Billion ≈ $6.67 Billion |
+11.67% |
| 2009-12-31 | zł21.71 Billion ≈ $5.97 Billion |
+5.73% |
| 2008-12-31 | zł20.53 Billion ≈ $5.65 Billion |
-9.04% |
| 2007-12-31 | zł22.57 Billion ≈ $6.21 Billion |
+4.59% |
| 2006-12-31 | zł21.58 Billion ≈ $5.94 Billion |
+11.75% |
| 2005-12-31 | zł19.31 Billion ≈ $5.32 Billion |
+41.68% |
| 2004-12-31 | zł13.63 Billion ≈ $3.75 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Polski Koncern Naftowy ORLEN 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 2238.6% over the analyzed period, indicating profitable operations and earnings retention.
Polski Koncern Naftowy ORLEN SA Net Assets Breakdown (December 2025)
Polski Koncern Naftowy ORLEN SA net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł101.28 Billion | 66.48% |
| Other Components | zł51.07 Billion | 33.52% |
| Total Equity | zł152.35 Billion | 100.00% |
Polski Koncern Naftowy ORLEN SA Competitors by Market Cap
The table below lists competitors of Polski Koncern Naftowy ORLEN SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Larsen & Toubro Limited
F:LTO
|
$47.05 Billion |
|
AutoZone Inc
NYSE:AZO
|
$47.07 Billion |
|
Swedbank AB (publ)
ST:SWED-A
|
$47.21 Billion |
|
Hindustan Unilever Limited
NSE:HINDUNILVR
|
$47.22 Billion |
|
CTBC Financial Holding Co Ltd
TW:2891
|
$46.68 Billion |
|
SIEMENS HEALTH ADR/050
F:SHL1
|
$46.68 Billion |
|
Comfort Systems USA Inc
NYSE:FIX
|
$46.68 Billion |
|
Hangzhou Hikvision Digital Technology Co Ltd
SHE:002415
|
$46.66 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Polski Koncern Naftowy ORLEN SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 152,214,000,000 to 152,352,000,000, a change of 138,000,000 (0.1%).
- Net income of 2,531,000,000 contributed positively to equity growth.
- Dividend payments of 6,967,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 303,000,000.
- Other factors increased equity by 4,877,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł2.53 Billion | +1.66% |
| Dividends Paid | zł6.97 Billion | -4.57% |
| Other Comprehensive Income | zł-303.00 Million | -0.2% |
| Other Changes | zł4.88 Billion | +3.2% |
| Total Change | zł- | 0.09% |
Book Value vs Market Value Analysis
This analysis compares Polski Koncern Naftowy ORLEN 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: 1.12x
- 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 4.77x to 1.12x 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 | zł30.84 | zł147.00 | x |
| 2005-12-31 | zł38.98 | zł147.00 | x |
| 2006-12-31 | zł44.07 | zł147.00 | x |
| 2007-12-31 | zł46.61 | zł147.00 | x |
| 2008-12-31 | zł41.65 | zł147.00 | x |
| 2009-12-31 | zł44.51 | zł147.00 | x |
| 2010-12-31 | zł50.57 | zł147.00 | x |
| 2011-12-31 | zł57.36 | zł147.00 | x |
| 2012-12-31 | zł61.91 | zł147.00 | x |
| 2013-12-31 | zł60.67 | zł147.00 | x |
| 2014-12-31 | zł43.89 | zł147.00 | x |
| 2015-12-31 | zł51.84 | zł147.00 | x |
| 2016-12-31 | zł62.57 | zł147.00 | x |
| 2017-12-31 | zł75.28 | zł147.00 | x |
| 2018-12-31 | zł83.53 | zł147.00 | x |
| 2019-12-31 | zł90.24 | zł147.00 | x |
| 2020-12-31 | zł97.25 | zł147.00 | x |
| 2021-12-31 | zł120.89 | zł147.00 | x |
| 2022-12-31 | zł117.10 | zł147.00 | x |
| 2023-12-31 | zł131.00 | zł147.00 | x |
| 2024-12-31 | zł131.11 | zł147.00 | x |
| 2025-12-31 | zł131.23 | zł147.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Polski Koncern Naftowy ORLEN 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): 1.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.95%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.79x
- Recent ROE (1.66%) is below the historical average (9.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 18.82% | 8.09% | 1.47x | 1.58x | zł1.16 Billion |
| 2005 | 27.46% | 11.12% | 1.23x | 2.00x | zł2.91 Billion |
| 2006 | 10.54% | 3.76% | 1.16x | 2.41x | zł100.87 Million |
| 2007 | 12.10% | 3.78% | 1.38x | 2.31x | zł418.88 Million |
| 2008 | -14.06% | -3.15% | 1.69x | 2.64x | zł-4.29 Billion |
| 2009 | 6.87% | 1.93% | 1.38x | 2.58x | zł-595.27 Million |
| 2010 | 10.96% | 2.84% | 1.63x | 2.36x | zł208.56 Million |
| 2011 | 9.63% | 2.21% | 1.82x | 2.39x | zł-89.98 Million |
| 2012 | 8.85% | 1.95% | 2.28x | 1.99x | zł-303.32 Million |
| 2013 | 0.68% | 0.15% | 2.20x | 1.99x | zł-2.42 Billion |
| 2014 | -30.96% | -5.44% | 2.29x | 2.49x | zł-7.69 Billion |
| 2015 | 12.79% | 3.21% | 1.84x | 2.17x | zł619.70 Million |
| 2016 | 19.66% | 6.61% | 1.43x | 2.08x | zł2.58 Billion |
| 2017 | 20.67% | 6.98% | 1.57x | 1.88x | zł3.44 Billion |
| 2018 | 15.55% | 5.06% | 1.71x | 1.80x | zł1.98 Billion |
| 2019 | 11.14% | 3.87% | 1.56x | 1.84x | zł440.40 Million |
| 2020 | 6.62% | 3.20% | 1.03x | 2.02x | zł-1.40 Billion |
| 2021 | 21.51% | 8.47% | 1.23x | 2.06x | zł5.95 Billion |
| 2022 | 29.19% | 14.29% | 1.02x | 2.00x | zł26.08 Billion |
| 2023 | 13.60% | 5.55% | 1.41x | 1.74x | zł5.47 Billion |
| 2024 | 0.97% | 0.50% | 1.12x | 1.73x | zł-13.75 Billion |
| 2025 | 1.66% | 0.95% | 0.98x | 1.79x | zł-12.70 Billion |
Industry Comparison
This section compares Polski Koncern Naftowy ORLEN SA's net assets metrics with peer companies in the Oil & Gas Integrated industry.
No peer company data available for comparison.
About Polski Koncern Naftowy ORLEN SA
Orlen S.A. operates in refining, petrochemical, energy, retail, gas, and upstream business. It engages in the processing and wholesale of refinery products, such as crude oil; production and sale of fuel, oil, chemicals, and petrochemicals, as well as provision of supporting services; production, distribution, and sale of electricity and heat from conventional and renewable energy sources compris… Read more