Render Cube S.A.
Render Cube S.A. engages in the production and publishing of medieval dynasty games for personal computers and consoles in Poland and internationally. It provides simulation, roleplaying, strategy, and survival games. The company was founded in 2012 and is based in Lódz, Poland.
Render Cube S.A. (RND) - Net Assets
Latest net assets as of September 2025: zł30.93 Million PLN
Based on the latest financial reports, Render Cube S.A. (RND) has net assets worth zł30.93 Million PLN as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł32.50 Million) and total liabilities (zł1.57 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 | zł30.93 Million |
| % of Total Assets | 95.17% |
| Annual Growth Rate | 706.03% |
| 5-Year Change | 67941.07% |
| 10-Year Change | N/A |
| Growth Volatility | 4008.43 |
Render Cube S.A. - Net Assets Trend (2019–2024)
This chart illustrates how Render Cube 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 Render Cube S.A. (2019–2024)
The table below shows the annual net assets of Render Cube S.A. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł4.06 Billion | +10191.03% |
| 2023-12-31 | zł39.49 Million | +25.81% |
| 2022-12-31 | zł31.39 Million | +34.18% |
| 2021-12-31 | zł23.39 Million | +291.66% |
| 2020-12-31 | zł5.97 Million | +4921.68% |
| 2019-12-31 | zł118.94K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Render Cube 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 grown by 11000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł7.65 Million | 0.19% |
| Common Stock | zł107.69K | 0.00% |
| Other Components | zł4.06 Billion | 99.81% |
| Total Equity | zł4.06 Billion | 100.00% |
Render Cube S.A. Competitors by Market Cap
The table below lists competitors of Render Cube S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MMS Ventures Bhd
KLSE:0113
|
$4.05 Million |
|
Believe SAS
PA:BLV
|
$4.05 Million |
|
American Uranium Ltd
AU:AMU
|
$4.05 Million |
|
G-Yen Hutong Co., Ltd.
TWO:2761
|
$4.05 Million |
|
Dhunseri Tea & Industries Limited
NSE:DTIL
|
$4.05 Million |
|
East Side Games Group Inc
TO:EAGR
|
$4.05 Million |
|
5E ADVANCED MATERIALS CDI
F:J9I0
|
$4.05 Million |
|
Yerbaé Brands Corp.
PINK:YERBF
|
$4.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Render Cube S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,488,518 to 4,063,776,928, a change of 4,024,288,410 (10191.0%).
- Net income of 7,151,391 contributed positively to equity growth.
- Dividend payments of 6,002,640 reduced retained earnings.
- New share issuances of 500 increased equity.
- Other comprehensive income decreased equity by 22,097,933.
- Other factors increased equity by 4,045,237,092.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł7.15 Million | +0.18% |
| Dividends Paid | zł6.00 Million | -0.15% |
| Share Issuances | zł500.00 | +0.0% |
| Other Comprehensive Income | zł-22.10 Million | -0.54% |
| Other Changes | zł4.05 Billion | +99.54% |
| Total Change | zł- | 10191.03% |
Book Value vs Market Value Analysis
This analysis compares Render Cube 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: 0.02x
- 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.
- The price-to-book ratio has decreased from 698.32x to 0.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | zł0.11 | zł78.00 | x |
| 2020-12-31 | zł5.61 | zł78.00 | x |
| 2021-12-31 | zł21.97 | zł78.00 | x |
| 2022-12-31 | zł29.48 | zł78.00 | x |
| 2023-12-31 | zł36.84 | zł78.00 | x |
| 2024-12-31 | zł3773.59 | zł78.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Render Cube 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): 0.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 41.63%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 0.01x
- Recent ROE (0.18%) is below the historical average (46.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 97.07% | 12.74% | 4.02x | 1.90x | zł103.55K |
| 2020 | 98.01% | 78.43% | 1.12x | 1.12x | zł5.26 Million |
| 2021 | 37.36% | 65.22% | 0.53x | 1.09x | zł6.40 Million |
| 2022 | 25.47% | 57.34% | 0.44x | 1.01x | zł4.86 Million |
| 2023 | 19.25% | 49.17% | 0.39x | 1.01x | zł3.65 Million |
| 2024 | 0.18% | 41.63% | 0.40x | 0.01x | zł-399.23 Million |
Industry Comparison
This section compares Render Cube S.A.'s net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $41,418,772
- Average return on equity (ROE) among peers: 12.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Render Cube S.A. (RND) | zł30.93 Million | 97.07% | 0.05x | $4.05 Million |
| 11 bit studios S.A (11B) | $7.92 Million | 12.73% | 0.10x | $66.79 Million |
| All In! Games S.A. (ALG) | $-55.00K | 0.00% | 0.00x | $9.90 Million |
| Artifex Mundi SA (ART) | $107.90 Million | 25.40% | 0.24x | $28.67 Million |
| BoomBit S.A (BBT) | $73.91 Million | 6.81% | 0.65x | $3.20 Million |
| Big Cheese Studio S.A. (BCS) | $20.78 Million | 60.09% | 0.10x | $5.92 Million |
| Bloober Team SA (BLO) | $95.87 Million | 2.70% | 0.43x | $71.71 Million |
| CI Games SA (CIG) | $83.64 Million | -19.42% | 0.41x | $75.00 Million |
| Creepy Jar SA (CRJ) | $2.37 Million | -26.79% | 0.19x | $74.92 Million |
| Drago entertainment S.A. (DGE) | $14.42 Million | 25.22% | 0.18x | $1.91 Million |
| Gaming Factory S.A. (GIF) | $7.43 Million | 37.22% | 0.02x | $3.79 Million |