PLAYWAY SA (PLW) - Net Assets
Based on the latest financial reports, PLAYWAY SA (PLW) has net assets worth zł432.48 Million PLN (≈ $119.02 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 (zł483.30 Million ≈ $133.01 Million USD) and total liabilities (zł50.82 Million ≈ $13.99 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 PLW asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł432.48 Million |
| % of Total Assets | 89.48% |
| Annual Growth Rate | 51.17% |
| 5-Year Change | 18.21% |
| 10-Year Change | 3161.97% |
| Growth Volatility | 68.06 |
PLAYWAY SA - Net Assets Trend (2014–2024)
This chart illustrates how PLAYWAY SA's net assets have evolved over time, based on quarterly financial data. Also explore PLW total asset value for the complete picture of this company's asset base.
Annual Net Assets for PLAYWAY SA (2014–2024)
The table below shows the annual net assets of PLAYWAY SA from 2014 to 2024. For live valuation and market cap data, see PLW market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł490.96 Million ≈ $135.12 Million |
+2.49% |
| 2023-12-31 | zł479.04 Million ≈ $131.84 Million |
-4.93% |
| 2022-12-31 | zł503.87 Million ≈ $138.67 Million |
-2.95% |
| 2021-12-31 | zł519.19 Million ≈ $142.89 Million |
+25.01% |
| 2020-12-31 | zł415.32 Million ≈ $114.30 Million |
+108.28% |
| 2019-12-31 | zł199.40 Million ≈ $54.88 Million |
+75.43% |
| 2018-12-31 | zł113.67 Million ≈ $31.28 Million |
+61.85% |
| 2017-12-31 | zł70.23 Million ≈ $19.33 Million |
+40.32% |
| 2016-12-31 | zł50.05 Million ≈ $13.77 Million |
+232.54% |
| 2015-12-31 | zł15.05 Million ≈ $4.14 Million |
+91.12% |
| 2014-12-31 | zł7.88 Million ≈ $2.17 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PLAYWAY 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 12379.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł369.26 Million | 89.74% |
| Common Stock | zł660.00K | 0.16% |
| Other Comprehensive Income | zł9.40 Million | 2.28% |
| Other Components | zł32.14 Million | 7.81% |
| Total Equity | zł411.47 Million | 100.00% |
PLAYWAY SA Competitors by Market Cap
The table below lists competitors of PLAYWAY SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanhua Bio Medicine Co Ltd
SHE:000504
|
$443.33 Million |
|
Indigo Paints Limited
NSE:INDIGOPNTS
|
$443.51 Million |
|
AGI Greenpac Limited
NSE:AGI
|
$443.60 Million |
|
Qijing Machinery
SHG:603677
|
$443.61 Million |
|
Lotte Non-Life
KO:000400
|
$443.05 Million |
|
British American Tobacco Malaysia Bhd
KLSE:4162
|
$443.03 Million |
|
ALLIANZ TECHNO.TR.LS-025
F:28X
|
$442.97 Million |
|
Studio City International Holdings Ltd
NYSE:MSC
|
$442.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PLAYWAY SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 401,985,000 to 411,466,000, a change of 9,481,000 (2.4%).
- Net income of 170,197,000 contributed positively to equity growth.
- Dividend payments of 159,692,000 reduced retained earnings.
- Share repurchases of 596,000 reduced equity.
- Other comprehensive income decreased equity by 13,502,000.
- Other factors increased equity by 13,074,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł170.20 Million | +41.36% |
| Dividends Paid | zł159.69 Million | -38.81% |
| Share Repurchases | zł596.00K | -0.14% |
| Other Comprehensive Income | zł-13.50 Million | -3.28% |
| Other Changes | zł13.07 Million | +3.18% |
| Total Change | zł- | 2.36% |
Book Value vs Market Value Analysis
This analysis compares PLAYWAY 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: 3.88x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 207.81x to 3.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | zł1.17 | zł244.00 | x |
| 2015-12-31 | zł2.29 | zł244.00 | x |
| 2016-12-31 | zł7.91 | zł244.00 | x |
| 2017-12-31 | zł9.80 | zł244.00 | x |
| 2018-12-31 | zł14.76 | zł244.00 | x |
| 2019-12-31 | zł26.52 | zł244.00 | x |
| 2020-12-31 | zł54.00 | zł244.00 | x |
| 2021-12-31 | zł66.38 | zł244.00 | x |
| 2022-12-31 | zł63.68 | zł244.00 | x |
| 2023-12-31 | zł60.91 | zł244.00 | x |
| 2024-12-31 | zł62.94 | zł244.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PLAYWAY 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): 41.36%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 56.19%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.34x
- Recent ROE (41.36%) is above the historical average (36.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 43.15% | 52.32% | 0.63x | 1.31x | zł2.34 Million |
| 2015 | 43.40% | 57.37% | 0.62x | 1.22x | zł4.58 Million |
| 2016 | 11.73% | 44.93% | 0.24x | 1.10x | zł832.10K |
| 2017 | 24.38% | 39.97% | 0.51x | 1.19x | zł9.30 Million |
| 2018 | 48.28% | 65.34% | 0.59x | 1.25x | zł37.28 Million |
| 2019 | 49.65% | 74.78% | 0.55x | 1.21x | zł69.39 Million |
| 2020 | 56.11% | 121.87% | 0.36x | 1.29x | zł164.32 Million |
| 2021 | 29.14% | 54.53% | 0.41x | 1.31x | zł83.84 Million |
| 2022 | 26.73% | 43.66% | 0.46x | 1.33x | zł70.30 Million |
| 2023 | 26.55% | 38.96% | 0.51x | 1.33x | zł66.53 Million |
| 2024 | 41.36% | 56.19% | 0.55x | 1.34x | zł129.05 Million |
Industry Comparison
This section compares PLAYWAY SA's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $103,071,049
- Average return on equity (ROE) among peers: 3747.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PLAYWAY SA (PLW) | zł432.48 Million | 43.15% | 0.12x | $443.21 Million |
| 11 bit studios S.A (11B) | $227.07 Million | 0.23% | 0.14x | $106.37 Million |
| All In! Games S.A. (ALG) | $17.44 Million | 18.66% | 1.94x | $17.36 Million |
| Artifex Mundi SA (ART) | $34.86 Million | -30.05% | 0.12x | $69.69 Million |
| BoomBit S.A (BBT) | $10.01 Million | 59.40% | 0.18x | $23.50 Million |
| CD PROJEKT SA (CDR) | $513.67 Million | 66.66% | 0.31x | $7.58 Billion |
| CI Games SA (CIG) | $80.55K | 36889.02% | 0.22x | $166.48 Million |
| Creepy Jar SA (CRJ) | $35.48 Million | 63.16% | 0.07x | $113.18 Million |
| Gaming Factory S.A. (GIF) | $249.00K | 359.04% | 0.11x | $8.61 Million |
| Games Operators SA (GOP) | $19.05 Million | 12.96% | 0.08x | $20.36 Million |
| Huuuge Inc. (HUG) | $172.81 Million | 37.82% | 0.18x | $254.09 Million |
About PLAYWAY SA
PlayWay S.A. produces and publishes games and applications in Poland and internationally. It sells its products to computers, consoles, and mobile phones through How Steam, Google Play, App store, Amazon App store, Microsoft store, Nintendo E-Shop, and PlayStore platforms. The company was founded in 2011 and is headquartered in Warsaw, Poland.