Raen S.A.

WAR:RAE Poland Utilities - Renewable
Market Cap
$14.64 Million
zł60.87 Million PLN
Market Cap Rank
#30868 Global
#253 in Poland
Share Price
zł0.83
Change (1 day)
+3.76%
52-Week Range
zł0.29 - zł0.83
All Time High
zł1.20
About

Grupa Virtus Spolka Akcyjna provides specialized financing services for the defense and dual-use technology sectors. The company's business is based on the financial operator model to support companies implementing key projects for national security. Its activities include production financing through technological investments, and implementation of contracts for public and private entities. The … Read more

Raen S.A. (RAE) - Net Assets

Latest net assets as of June 2025: zł1.75 Million PLN

Based on the latest financial reports, Raen S.A. (RAE) has net assets worth zł1.75 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 (zł5.35 Million) and total liabilities (zł3.59 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 zł1.75 Million
% of Total Assets 32.8%
Annual Growth Rate -7.21%
5-Year Change 56.72%
10-Year Change -71.77%
Growth Volatility 164.3

Raen S.A. - Net Assets Trend (2008–2024)

This chart illustrates how Raen S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Raen S.A. (2008–2024)

The table below shows the annual net assets of Raen S.A. from 2008 to 2024.

Year Net Assets Change
2024-12-31 zł7.72 Million -6.17%
2023-12-31 zł8.23 Million +648.95%
2022-12-31 zł1.10 Million -61.80%
2021-12-31 zł2.88 Million -41.62%
2020-12-31 zł4.93 Million +96.26%
2019-12-31 zł2.51 Million -67.01%
2018-12-31 zł7.61 Million -1.63%
2017-12-31 zł7.74 Million -69.78%
2016-12-31 zł25.60 Million -6.40%
2015-12-31 zł27.35 Million -22.16%
2014-12-31 zł35.14 Million -5.04%
2013-12-31 zł37.00 Million +2.27%
2012-12-31 zł36.18 Million -12.66%
2011-12-31 zł41.43 Million +9.25%
2010-12-31 zł37.92 Million +44.41%
2009-12-31 zł26.26 Million +2.73%
2008-12-31 zł25.56 Million --

Equity Component Analysis

This analysis shows how different components contribute to Raen 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 489900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock zł5.22 Million 67.66%
Other Components zł12.49 Million 161.72%
Total Equity zł7.72 Million 100.00%

Raen S.A. Competitors by Market Cap

The table below lists competitors of Raen S.A. ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 8,230,000 to 7,721,999, a change of -508,001 (-6.2%).
  • Net loss of 5,456,000 reduced equity.
  • Other factors increased equity by 4,947,999.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income zł-5.46 Million -70.66%
Other Changes zł4.95 Million +64.08%
Total Change zł- -6.17%

Book Value vs Market Value Analysis

This analysis compares Raen 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: 5.39x
  • 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 increased from 0.80x to 5.39x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-12-31 zł1.04 zł0.83 x
2009-12-31 zł1.03 zł0.83 x
2010-12-31 zł1.32 zł0.83 x
2011-12-31 zł1.71 zł0.83 x
2012-12-31 zł1.51 zł0.83 x
2013-12-31 zł1.51 zł0.83 x
2014-12-31 zł1.49 zł0.83 x
2015-12-31 zł1.20 zł0.83 x
2016-12-31 zł1.15 zł0.83 x
2017-12-31 zł0.35 zł0.83 x
2018-12-31 zł0.34 zł0.83 x
2019-12-31 zł0.11 zł0.83 x
2020-12-31 zł0.22 zł0.83 x
2021-12-31 zł0.12 zł0.83 x
2022-12-31 zł0.04 zł0.83 x
2023-12-31 zł0.19 zł0.83 x
2024-12-31 zł0.15 zł0.83 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Raen 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): -70.66%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -311.06%
  • • Asset Turnover: 0.14x
  • • Equity Multiplier: 1.59x
  • Recent ROE (-70.66%) is below the historical average (-41.50%), 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 -17.52% -14.91% 0.82x 1.43x zł-6.19 Million
2009 -3.16% -3.61% 0.55x 1.58x zł-2.97 Million
2010 26.37% 46.80% 0.36x 1.58x zł4.85 Million
2011 22.21% 68.12% 0.24x 1.36x zł4.68 Million
2012 -11.07% -32.45% 0.23x 1.46x zł-7.10 Million
2013 17.69% 37.74% 0.32x 1.48x zł2.60 Million
2014 0.68% 1.03% 0.50x 1.32x zł-3.10 Million
2015 -24.83% -37.54% 0.50x 1.31x zł-9.33 Million
2016 -14.64% -1902.03% 0.01x 1.36x zł-6.31 Million
2017 -230.53% -5421.28% 0.02x 1.94x zł-18.61 Million
2018 -0.07% -0.99% 0.04x 1.87x zł-765.80K
2019 -214.70% -838.49% 0.10x 2.62x zł-5.56 Million
2020 44.89% 781.63% 0.05x 1.27x zł1.72 Million
2021 -92.81% -398.51% 0.15x 1.52x zł-2.96 Million
2022 -170.88% -11737.50% 0.01x 1.51x zł-1.99 Million
2023 33.60% 12.31% 1.44x 1.90x zł1.94 Million
2024 -70.66% -311.06% 0.14x 1.59x zł-6.23 Million

Industry Comparison

This section compares Raen S.A.'s net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

  • Industry: Utilities - Renewable
  • Average net assets among peers: $16,679,318,000
  • Average return on equity (ROE) among peers: 2.20%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Raen S.A. (RAE) zł1.75 Million -17.52% 2.05x $5.60 Million
Tauron Polska Energia S.A. (TPE) $16.68 Billion 2.20% 1.01x $2.13 Billion