Skarbiec Holding S.A.
Skarbiec Holding S.A. engages in creation and management of investment funds in Poland. The company also involved in managing various types of investment funds, including open-end, specialized open-end, and closed-end funds. It also offers portfolio management services for financial instruments on behalf of clients. In addition, it offers asset management services. The company was formerly known … Read more
Skarbiec Holding S.A. (SKH) - Net Assets
Latest net assets as of September 2025: zł251.11 Million PLN
Based on the latest financial reports, Skarbiec Holding S.A. (SKH) has net assets worth zł251.11 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 (zł992.03 Million) and total liabilities (zł740.92 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 | zł251.11 Million |
| % of Total Assets | 25.31% |
| Annual Growth Rate | 10.87% |
| 5-Year Change | 27.02% |
| 10-Year Change | 171.08% |
| Growth Volatility | 17.83 |
Skarbiec Holding S.A. - Net Assets Trend (2012–2024)
This chart illustrates how Skarbiec Holding 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 Skarbiec Holding S.A. (2012–2024)
The table below shows the annual net assets of Skarbiec Holding S.A. from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł242.19 Million | +34.15% |
| 2023-12-31 | zł180.54 Million | +2.97% |
| 2022-12-31 | zł175.34 Million | -12.39% |
| 2021-12-31 | zł200.14 Million | +4.97% |
| 2020-12-31 | zł190.67 Million | +47.14% |
| 2019-12-31 | zł129.58 Million | +25.51% |
| 2018-12-31 | zł103.24 Million | +0.81% |
| 2017-12-31 | zł102.41 Million | +1.57% |
| 2016-12-31 | zł100.83 Million | +12.86% |
| 2015-12-31 | zł89.34 Million | -8.51% |
| 2014-12-31 | zł97.66 Million | +4.11% |
| 2013-12-31 | zł93.81 Million | +33.54% |
| 2012-12-31 | zł70.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Skarbiec Holding 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 1393.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł166.09 Million | 68.58% |
| Common Stock | zł5.45 Million | 2.25% |
| Other Components | zł70.65 Million | 29.17% |
| Total Equity | zł242.19 Million | 100.00% |
Skarbiec Holding S.A. Competitors by Market Cap
The table below lists competitors of Skarbiec Holding S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Afi Properties Ltd
TA:AFPR
|
$28.31 Million |
|
BAJEL PROJECTS LTD
NSE:BAJEL
|
$28.31 Million |
|
Hwacheon Mac
KO:000850
|
$28.32 Million |
|
Femasys Inc
NASDAQ:FEMY
|
$28.32 Million |
|
NEOOTO Co. Ltd
KQ:212560
|
$28.30 Million |
|
Jindal Poly Investment and Finance Company Limited
NSE:JPOLYINVST
|
$28.30 Million |
|
Budapesti Ingatlan Hasznositasi es Fejlesztesi Nyrt.
BUD:BIF
|
$28.29 Million |
|
Auric Mining Ltd
AU:AWJ
|
$28.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skarbiec Holding S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 180,539,000 to 242,190,000, a change of 61,651,000 (34.1%).
- Net income of 61,701,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł61.70 Million | +25.48% |
| Other Changes | zł-50.00K | -0.02% |
| Total Change | zł- | 34.15% |
Book Value vs Market Value Analysis
This analysis compares Skarbiec Holding 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: 0.89x
- 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 12.56x to 0.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | zł2.52 | zł31.70 | x |
| 2013-12-31 | zł14.47 | zł31.70 | x |
| 2014-12-31 | zł14.78 | zł31.70 | x |
| 2015-12-31 | zł13.10 | zł31.70 | x |
| 2016-12-31 | zł14.78 | zł31.70 | x |
| 2017-12-31 | zł15.01 | zł31.70 | x |
| 2018-12-31 | zł15.14 | zł31.70 | x |
| 2019-12-31 | zł19.01 | zł31.70 | x |
| 2020-12-31 | zł27.97 | zł31.70 | x |
| 2021-12-31 | zł29.36 | zł31.70 | x |
| 2022-12-31 | zł25.72 | zł31.70 | x |
| 2023-12-31 | zł26.48 | zł31.70 | x |
| 2024-12-31 | zł35.52 | zł31.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skarbiec Holding 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): 25.48%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 55.21%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 5.95x
- Recent ROE (25.48%) is above the historical average (21.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 63.09% | 17.41% | 0.77x | 4.71x | zł8.65 Million |
| 2013 | 30.96% | 28.54% | 0.97x | 1.12x | zł19.58 Million |
| 2014 | 18.38% | 18.73% | 0.87x | 1.12x | zł8.19 Million |
| 2015 | 14.54% | 17.23% | 0.77x | 1.10x | zł4.06 Million |
| 2016 | 32.20% | 29.72% | 0.93x | 1.16x | zł22.38 Million |
| 2017 | 19.15% | 19.32% | 0.86x | 1.15x | zł9.37 Million |
| 2018 | 30.19% | 27.61% | 0.86x | 1.28x | zł20.85 Million |
| 2019 | 23.05% | 28.92% | 0.61x | 1.30x | zł16.92 Million |
| 2020 | 32.06% | 36.86% | 0.69x | 1.26x | zł42.05 Million |
| 2021 | 4.74% | 10.00% | 0.42x | 1.14x | zł-10.54 Million |
| 2022 | -14.15% | -44.62% | 0.29x | 1.11x | zł-42.34 Million |
| 2023 | 2.88% | 7.38% | 0.35x | 1.12x | zł-12.85 Million |
| 2024 | 25.48% | 55.21% | 0.08x | 5.95x | zł37.48 Million |
Industry Comparison
This section compares Skarbiec Holding S.A.'s net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $114,102,591
- Average return on equity (ROE) among peers: -6.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skarbiec Holding S.A. (SKH) | zł251.11 Million | 63.09% | 2.95x | $28.31 Million |
| Magna Polonia SA (06N) | $8.85 Million | 9.69% | 11.00x | $5.84 Million |
| Alta S.A. (AAT) | $204.52 Million | 3.71% | 0.00x | $2.97 Million |
| Altustfi (ALI) | $152.77 Million | 9.88% | 0.15x | $16.35 Million |
| Capital Partners S.A. (CPA) | $43.17 Million | -27.66% | 0.14x | $3.14 Million |
| Caspar (CSR) | $25.16 Million | 33.65% | 0.31x | $1.77 Million |
| One SA (FMG) | $30.74 Million | 2.55% | 1.56x | $2.39 Million |
| Immobile (GKI) | $148.04 Million | 1.55% | 0.89x | $47.60 Million |
| Impera Capital S.A. (IMP) | $17.44 Million | 11.94% | 0.05x | $1.36 Million |
| JR Invest SA (JRH) | $302.37 Million | -124.48% | 0.48x | $13.46 Million |
| MCI Management SA (MCI) | $207.96 Million | 10.36% | 0.44x | $94.64 Million |