Polwax SA
Polwax S.A. produces and distributes refined and renewable paraffin and waxes. The company also offers wood and paper impregnation products; waxes intended for food contact; micro-crystalline waxes; anti-caking products for fertilizers; corrosion protection products; HotMelt adhesives; model masses; plant protection products; candle goods; special waxes for the manufacture of candles and paraffin… Read more
Polwax SA (PWX) - Net Assets
Latest net assets as of June 2025: zł58.58 Million PLN
Based on the latest financial reports, Polwax SA (PWX) has net assets worth zł58.58 Million PLN as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł139.87 Million) and total liabilities (zł81.30 Million). 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 | zł58.58 Million |
| % of Total Assets | 41.88% |
| Annual Growth Rate | 4.42% |
| 5-Year Change | -29.9% |
| 10-Year Change | -19.17% |
| Growth Volatility | 26.23 |
Polwax SA - Net Assets Trend (2012–2024)
This chart illustrates how Polwax 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 Polwax SA (2012–2024)
The table below shows the annual net assets of Polwax SA from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł62.24 Million | +14.79% |
| 2023-12-31 | zł54.23 Million | -45.47% |
| 2022-12-31 | zł99.43 Million | +6.26% |
| 2021-12-31 | zł93.57 Million | +5.39% |
| 2020-12-31 | zł88.79 Million | +33.87% |
| 2019-12-31 | zł66.32 Million | -45.59% |
| 2018-12-31 | zł121.90 Million | +16.83% |
| 2017-12-31 | zł104.34 Million | +19.75% |
| 2016-12-31 | zł87.13 Million | +13.15% |
| 2015-12-31 | zł77.00 Million | +17.67% |
| 2014-12-31 | zł65.44 Million | +23.44% |
| 2013-12-31 | zł53.01 Million | +43.10% |
| 2012-12-31 | zł37.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Polwax 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 decreased by 172.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | zł3.08 Million | 4.96% |
| Other Comprehensive Income | zł5.10 Million | 8.19% |
| Other Components | zł76.82 Million | 123.42% |
| Total Equity | zł62.24 Million | 100.00% |
Polwax SA Competitors by Market Cap
The table below lists competitors of Polwax SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
THERMO FISHER SCIEN - Dusseldorf Stock Exchang
DU:TN8
|
$4.11 Million |
|
J2 Metals Inc.
V:JTWO
|
$4.11 Million |
|
SSR Inc
KQ:275630
|
$4.11 Million |
|
Allied Electronics Corporation Ltd
JSE:AEL
|
$4.12 Million |
|
Norditek Group AB
ST:NOTEK
|
$4.11 Million |
|
Tertiary Minerals plc
PINK:TTIRF
|
$4.11 Million |
|
Reach Resources Ltd
AU:RR1
|
$4.11 Million |
|
Nxu Inc.
NYSE:NXU
|
$4.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Polwax SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 54,225,000 to 62,244,000, a change of 8,019,000 (14.8%).
- Net loss of 22,763,000 reduced equity.
- New share issuances of 30,782,000 increased equity.
- Other comprehensive income decreased equity by 35,600,000.
- Other factors increased equity by 35,600,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-22.76 Million | -36.57% |
| Share Issuances | zł30.78 Million | +49.45% |
| Other Comprehensive Income | zł-35.60 Million | -57.19% |
| Other Changes | zł35.60 Million | +57.19% |
| Total Change | zł- | 14.79% |
Book Value vs Market Value Analysis
This analysis compares Polwax 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: 1.18x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.32x to 1.18x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | zł3.70 | zł1.19 | x |
| 2013-12-31 | zł2.31 | zł1.19 | x |
| 2014-12-31 | zł2.82 | zł1.19 | x |
| 2015-12-31 | zł3.29 | zł1.19 | x |
| 2016-12-31 | zł3.73 | zł1.19 | x |
| 2017-12-31 | zł4.44 | zł1.19 | x |
| 2018-12-31 | zł5.19 | zł1.19 | x |
| 2019-12-31 | zł3.51 | zł1.19 | x |
| 2020-12-31 | zł6.21 | zł1.19 | x |
| 2021-12-31 | zł3.03 | zł1.19 | x |
| 2022-12-31 | zł3.22 | zł1.19 | x |
| 2023-12-31 | zł1.75 | zł1.19 | x |
| 2024-12-31 | zł1.01 | zł1.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Polwax 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): -36.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.97%
- • Asset Turnover: 1.69x
- • Equity Multiplier: 1.81x
- Recent ROE (-36.57%) is below the historical average (2.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 52.39% | 7.45% | 2.26x | 3.12x | zł15.70 Million |
| 2013 | 37.67% | 8.28% | 1.70x | 2.68x | zł14.67 Million |
| 2014 | 34.24% | 8.68% | 2.08x | 1.90x | zł15.87 Million |
| 2015 | 30.97% | 8.50% | 2.07x | 1.76x | zł16.15 Million |
| 2016 | 23.96% | 7.09% | 2.10x | 1.61x | zł12.16 Million |
| 2017 | 16.50% | 6.07% | 1.66x | 1.63x | zł6.78 Million |
| 2018 | 14.41% | 6.32% | 1.40x | 1.63x | zł5.37 Million |
| 2019 | -83.80% | -25.78% | 1.72x | 1.88x | zł-62.21 Million |
| 2020 | 3.42% | 1.40% | 1.58x | 1.54x | zł-5.84 Million |
| 2021 | 5.11% | 1.76% | 1.92x | 1.52x | zł-4.57 Million |
| 2022 | 8.38% | 2.51% | 2.30x | 1.45x | zł-1.61 Million |
| 2023 | -71.97% | -15.46% | 2.26x | 2.06x | zł-44.45 Million |
| 2024 | -36.57% | -11.97% | 1.69x | 1.81x | zł-28.99 Million |
Industry Comparison
This section compares Polwax SA's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $228,941,624
- Average return on equity (ROE) among peers: 7.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Polwax SA (PWX) | zł58.58 Million | 52.39% | 1.39x | $4.11 Million |
| Krakchemia SA (KCH) | $62.90 Million | 11.06% | 1.44x | $319.42K |
| Korporacja KGL S.A. (KGL) | $134.14 Million | 3.91% | 2.10x | $2.20 Million |
| PCC Exol SA (PCX) | $150.79 Million | 0.88% | 1.93x | $9.65 Million |
| Selena FM S.A. (SEL) | $422.73 Million | 1.61% | 0.94x | $49.87 Million |
| Fabryka Farb i Lakierów ŚNIEŻKA SA (SKA) | $374.14 Million | 20.75% | 1.19x | $98.46 Million |