SUNEX S.A. (SNX) - Net Assets

Latest as of September 2025: zł90.49 Million PLN ≈ $24.90 Million USD

Based on the latest financial reports, SUNEX S.A. (SNX) has net assets worth zł90.49 Million PLN (≈ $24.90 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 (zł295.69 Million ≈ $81.38 Million USD) and total liabilities (zł205.21 Million ≈ $56.48 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 SNX asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł90.49 Million
% of Total Assets	30.6%
Annual Growth Rate	12.83%
5-Year Change	217.36%
10-Year Change	370.62%
Growth Volatility	22.61

SUNEX S.A. - Net Assets Trend (2010–2024)

This chart illustrates how SUNEX S.A.'s net assets have evolved over time, based on quarterly financial data. Also explore SNX asset base for the complete picture of this company's asset base.

Annual Net Assets for SUNEX S.A. (2010–2024)

The table below shows the annual net assets of SUNEX S.A. from 2010 to 2024. For live valuation and market cap data, see SUNEX S.A. stock valuation.

Year	Net Assets	Change
2024-12-31	zł102.58 Million ≈ $28.23 Million	+3.91%
2023-12-31	zł98.72 Million ≈ $27.17 Million	+23.12%
2022-12-31	zł80.18 Million ≈ $22.07 Million	+87.37%
2021-12-31	zł42.79 Million ≈ $11.78 Million	+32.40%
2020-12-31	zł32.32 Million ≈ $8.90 Million	+23.08%
2019-12-31	zł26.26 Million ≈ $7.23 Million	+13.44%
2018-12-31	zł23.15 Million ≈ $6.37 Million	+5.93%
2017-12-31	zł21.85 Million ≈ $6.01 Million	-0.45%
2016-12-31	zł21.95 Million ≈ $6.04 Million	+0.72%
2015-12-31	zł21.80 Million ≈ $6.00 Million	+0.44%
2014-12-31	zł21.70 Million ≈ $5.97 Million	+11.61%
2013-12-31	zł19.44 Million ≈ $5.35 Million	-2.73%
2012-12-31	zł19.99 Million ≈ $5.50 Million	+3.46%
2011-12-31	zł19.32 Million ≈ $5.32 Million	+2.11%
2010-12-31	zł18.92 Million ≈ $5.21 Million	--

Equity Component Analysis

This analysis shows how different components contribute to SUNEX 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 8161.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	zł62.18 Million	60.62%
Common Stock	zł17.83 Million	17.39%
Other Comprehensive Income	zł-132.54K	-0.13%
Other Components	zł22.69 Million	22.12%
Total Equity	zł102.58 Million	100.00%

SUNEX S.A. Competitors by Market Cap

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

Company	Market Cap
Freeport Resources Inc V:FRI	$17.25 Million
Minetech Resources Bhd KLSE:7219	$17.25 Million
Niocan Inc V:NIO	$17.25 Million
Wicaksana Overseas International JK:WICO	$17.25 Million
Carnavale Resources Limited F:YBB	$17.23 Million
Yulho Co. Ltd KQ:072770	$17.23 Million
Primega Group Holdings Limited Ordinary Shares NASDAQ:PGHL	$17.22 Million
Pointerra Ltd AU:3DP	$17.22 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 98,716,014 to 102,577,077, a change of 3,861,063 (3.9%).
Net loss of 20,132,185 reduced equity.
Other comprehensive income decreased equity by 1,461.
Other factors increased equity by 23,994,709.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	zł-20.13 Million	-19.63%
Other Comprehensive Income	zł-1.46K	-0.0%
Other Changes	zł23.99 Million	+23.39%
Total Change	zł-	3.91%

Book Value vs Market Value Analysis

This analysis compares SUNEX 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: 0.57x
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 3.01x to 0.57x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2010-12-31	zł0.93	zł2.81	x
2011-12-31	zł0.95	zł2.81	x
2012-12-31	zł0.99	zł2.81	x
2013-12-31	zł0.96	zł2.81	x
2014-12-31	zł1.22	zł2.81	x
2015-12-31	zł1.07	zł2.81	x
2016-12-31	zł1.08	zł2.81	x
2017-12-31	zł1.08	zł2.81	x
2018-12-31	zł1.14	zł2.81	x
2019-12-31	zł1.30	zł2.81	x
2020-12-31	zł1.59	zł2.81	x
2021-12-31	zł2.11	zł2.81	x
2022-12-31	zł3.95	zł2.81	x
2023-12-31	zł4.86	zł2.81	x
2024-12-31	zł4.92	zł2.81	x

Capital Efficiency Dashboard

This dashboard shows how efficiently SUNEX 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): -19.63%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -9.69%
• Asset Turnover: 0.71x
• Equity Multiplier: 2.85x
Recent ROE (-19.63%) is below the historical average (8.33%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	0.77%	0.63%	0.69x	1.76x	zł-1.75 Million
2011	-0.75%	-0.46%	0.88x	1.83x	zł-2.08 Million
2012	3.34%	2.07%	0.87x	1.85x	zł-1.33 Million
2013	5.01%	3.10%	0.77x	2.11x	zł-970.63K
2014	3.88%	2.87%	0.78x	1.74x	zł-1.33 Million
2015	0.44%	0.32%	0.77x	1.77x	zł-2.08 Million
2016	0.71%	0.56%	0.72x	1.76x	zł-2.04 Million
2017	3.26%	1.83%	0.93x	1.92x	zł-1.47 Million
2018	6.56%	2.64%	1.22x	2.03x	zł-796.49K
2019	13.23%	5.59%	1.00x	2.38x	zł848.50K
2020	20.25%	7.74%	1.12x	2.34x	zł3.31 Million
2021	14.54%	4.77%	1.12x	2.73x	zł1.94 Million
2022	48.63%	13.47%	1.45x	2.48x	zł30.97 Million
2023	24.68%	7.72%	1.17x	2.72x	zł14.49 Million
2024	-19.63%	-9.69%	0.71x	2.85x	zł-30.39 Million

Industry Comparison

This section compares SUNEX S.A.'s net assets metrics with peer companies in the Solar industry.

Industry Context

Industry: Solar
Average net assets among peers: $48,189,229
Average return on equity (ROE) among peers: -202.03%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
SUNEX S.A. (SNX)	zł90.49 Million	0.77%	2.27x	$17.24 Million
Columbus (CLC)	$130.77 Million	-17.46%	5.23x	$70.79 Million
ML System S.A. (MLS)	$35.70 Million	17.01%	2.79x	$31.28 Million
Photon Energy N.V. (PEN)	$17.49 Million	-30.31%	4.85x	$18.20 Million
Starhedge SA (SHG)	$8.79 Million	-777.33%	0.03x	$6.42 Million

About SUNEX S.A.

WAR:SNX Poland Solar

Market Cap

$17.24 Million

zł62.64 Million PLN

Market Cap Rank

#25476 Global

#261 in Poland

Share Price

zł2.81

Change (1 day)

+0.00%

52-Week Range

zł2.66 - zł8.09

All Time High

zł29.50