THD
THD operates in Application Software.
THD (THD) - Net Assets
Latest net assets as of June 2024: zł6.68 Million PLN
Based on the latest financial reports, THD (THD) has net assets worth zł6.68 Million PLN as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł14.03 Million) and total liabilities (zł7.35 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 | zł6.68 Million |
| % of Total Assets | 47.63% |
| Annual Growth Rate | 22.73% |
| 5-Year Change | 2.73% |
| 10-Year Change | N/A |
| Growth Volatility | 107.07 |
THD - Net Assets Trend (2016–2023)
This chart illustrates how THD's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for THD (2016–2023)
The table below shows the annual net assets of THD from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | zł2.69 Million | -21.11% |
| 2022-12-31 | zł3.40 Million | -42.33% |
| 2021-12-31 | zł5.90 Million | +136.36% |
| 2020-12-31 | zł2.50 Million | -4.46% |
| 2019-12-31 | zł2.61 Million | +5.73% |
| 2018-12-31 | zł2.47 Million | +2.13% |
| 2017-12-31 | zł2.42 Million | +278.00% |
| 2016-12-31 | zł640.37K | -- |
Equity Component Analysis
This analysis shows how different components contribute to THD'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 20196.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | zł8.39 Million | 3070.62% |
| Total Equity | zł273.17K | 100.00% |
THD Competitors by Market Cap
The table below lists competitors of THD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Calcorp Limited
KAR:CASH
|
$1.88K |
|
Lion Rock Resources Inc.
PINK:LRRIF
|
$1.88K |
|
TRISTAR GOLD (7TG.SG)
STU:7TG
|
$1.88K |
|
Inscobee Inc.
KQ:006490
|
$1.88K |
|
Quimbaya Gold Inc.
F:K05
|
$1.88K |
|
Grupa HRC S.A.
WAR:HRC
|
$1.87K |
|
Tech Central Inc
PINK:TCHC
|
$1.87K |
|
NexGen Mining Incorporated
PINK:NXGM
|
$1.87K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in THD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,501,114 to 273,168, a change of -1,227,946 (-81.8%).
- Net loss of 1,446,365 reduced equity.
- Other factors increased equity by 218,419.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-1.45 Million | -529.48% |
| Other Changes | zł218.42K | +79.96% |
| Total Change | zł- | -81.80% |
Book Value vs Market Value Analysis
This analysis compares THD'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: 6.36x
- 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 0.59x to 6.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | zł1.46 | zł0.87 | x |
| 2021-12-31 | zł1.96 | zł0.87 | x |
| 2022-12-31 | zł0.75 | zł0.87 | x |
| 2023-12-31 | zł0.14 | zł0.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently THD 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): -529.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.90%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 82.90x
- Recent ROE (-529.48%) is below the historical average (-100.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 11.34% | 23.30% | 0.46x | 1.06x | zł8.60K |
| 2017 | 9.53% | 34.68% | 0.27x | 1.02x | zł-11.26K |
| 2018 | 3.59% | 9.82% | 0.33x | 1.09x | zł-158.37K |
| 2019 | -25.19% | -162.18% | 0.13x | 1.21x | zł-919.72K |
| 2020 | -47.46% | -277.29% | 0.10x | 1.67x | zł-1.43 Million |
| 2021 | -59.60% | 0.00% | -0.02x | 2.09x | zł-2.74 Million |
| 2022 | -163.63% | -3924.60% | 0.00x | 8.47x | zł-2.61 Million |
| 2023 | -529.48% | -28.90% | 0.22x | 82.90x | zł-1.47 Million |
Industry Comparison
This section compares THD's net assets metrics with peer companies in the Software & IT Services industry.
Industry Context
- Industry: Software & IT Services
- Average net assets among peers: $38,288,549
- Average return on equity (ROE) among peers: -55.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| THD (THD) | zł6.68 Million | 11.34% | 1.10x | $1.88K |
| Draw Distance SA (DDI) | $2.96 Million | -14.24% | 2.85x | $346.76 |
| Eonet (EON) | $30.83 Million | 2.67% | 0.37x | $67.52K |
| HubStyle S.A. (HUB) | $187.12 Million | 6.77% | 0.78x | $579.33 |
| Jujubee SA (JJB) | $1.16 Million | 23.80% | 1.22x | $1.68K |
| MedApp S.A (MDA) | $16.23 Million | 4.15% | 0.16x | $210.03 |
| Makolab (MLB) | $25.82 Million | 8.42% | 0.43x | $19.43K |
| NGG (NGG) | $2.27 Million | -580.53% | 0.86x | $66.69 |
| Pointpack.pl S.A. (PNT) | $10.39 Million | 48.66% | 1.07x | $28.98K |
| Softblue SA (SBE) | $67.82 Million | 5.35% | 0.18x | $424.01 |