TenderHut S.A.
TenderHut S.A., through its subsidiaries, provides IT solutions in Poland. The company operates through: Software Development & Cybersec; Digital Design & Marketing; Lab Systems; and Venture Building segments. It designs, adopts, and develops IT systems that comprise web portals, mobile applications, dedicated systems, and others; and offers IT outsourcing services. The company also provides lega… Read more
TenderHut S.A. (THG) - Net Assets
Latest net assets as of September 2025: zł19.64 Million PLN
Based on the latest financial reports, TenderHut S.A. (THG) has net assets worth zł19.64 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 (zł28.23 Million) and total liabilities (zł8.59 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 | zł19.64 Million |
| % of Total Assets | 69.57% |
| Annual Growth Rate | 11.41% |
| 5-Year Change | -11.1% |
| 10-Year Change | N/A |
| Growth Volatility | 43.71 |
TenderHut S.A. - Net Assets Trend (2018–2024)
This chart illustrates how TenderHut 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 TenderHut S.A. (2018–2024)
The table below shows the annual net assets of TenderHut S.A. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł18.99 Million | -12.76% |
| 2023-12-31 | zł21.77 Million | -37.47% |
| 2022-12-31 | zł34.81 Million | -12.08% |
| 2021-12-31 | zł39.59 Million | +85.34% |
| 2020-12-31 | zł21.36 Million | +59.62% |
| 2019-12-31 | zł13.38 Million | +34.80% |
| 2018-12-31 | zł9.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TenderHut 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 255.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | zł229.00K | 1.19% |
| Other Comprehensive Income | zł-44.00K | -0.23% |
| Other Components | zł24.17 Million | 125.92% |
| Total Equity | zł19.20 Million | 100.00% |
TenderHut S.A. Competitors by Market Cap
The table below lists competitors of TenderHut S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reliable Data Services Limited
NSE:RELIABLE
|
$1.65 Million |
|
InMed Pharmaceuticals Inc
NASDAQ:INM
|
$1.66 Million |
|
Kaap Agri Bedryf Employee and Farm Worker Bee Trust
JSE:KAL
|
$1.66 Million |
|
Unisem SA
RO:UNISEM
|
$1.66 Million |
|
TGI Solar Power Group Inc
PINK:TSPG
|
$1.65 Million |
|
Beyond Commerce Inc
PINK:BYOC
|
$1.65 Million |
|
Eline Entertainment Group Inc
PINK:EEGI
|
$1.65 Million |
|
Vsolar Group Bhd
KLSE:0066
|
$1.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TenderHut S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,642,000 to 19,198,000, a change of -2,444,000 (-11.3%).
- Net loss of 3,704,000 reduced equity.
- New share issuances of 1,260,000 increased equity.
- Other comprehensive income decreased equity by 1,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-3.70 Million | -19.29% |
| Share Issuances | zł1.26 Million | +6.56% |
| Other Comprehensive Income | zł-1.00K | -0.01% |
| Other Changes | zł1.00K | +0.01% |
| Total Change | zł- | -11.29% |
Book Value vs Market Value Analysis
This analysis compares TenderHut 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: 0.70x
- 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 1.11x to 0.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | zł5.48 | zł6.08 | x |
| 2019-12-31 | zł7.13 | zł6.08 | x |
| 2020-12-31 | zł11.24 | zł6.08 | x |
| 2021-12-31 | zł20.13 | zł6.08 | x |
| 2022-12-31 | zł15.43 | zł6.08 | x |
| 2023-12-31 | zł9.89 | zł6.08 | x |
| 2024-12-31 | zł8.71 | zł6.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TenderHut 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): -19.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.47%
- • Asset Turnover: 1.64x
- • Equity Multiplier: 1.58x
- Recent ROE (-19.29%) is below the historical average (4.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 27.01% | 11.28% | 1.73x | 1.38x | zł1.69 Million |
| 2019 | 26.62% | 9.48% | 1.64x | 1.71x | zł2.22 Million |
| 2020 | 27.90% | 12.79% | 1.44x | 1.51x | zł3.78 Million |
| 2021 | 11.26% | 9.34% | 0.90x | 1.34x | zł495.90K |
| 2022 | 3.11% | 1.52% | 1.43x | 1.43x | zł-2.29 Million |
| 2023 | -46.71% | -18.17% | 1.62x | 1.58x | zł-12.27 Million |
| 2024 | -19.29% | -7.47% | 1.64x | 1.58x | zł-5.62 Million |
Industry Comparison
This section compares TenderHut S.A.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $142,808,795
- Average return on equity (ROE) among peers: -12.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TenderHut S.A. (THG) | zł19.64 Million | 27.01% | 0.44x | $1.65 Million |
| Asseco Business Solutions S.A. (ABS) | $279.66 Million | 17.93% | 0.28x | $334.91 Million |
| Asseco South Eastern Europe S.A. (ASE) | $913.07 Million | 12.70% | 0.51x | $389.34 Million |
| Brand 24 SA (B24) | $1.70 Million | -58.65% | 5.61x | $3.38 Million |
| Fabrity Holding S.A. (FAB) | $31.86 Million | 14.10% | 0.87x | $10.01 Million |
| LSI Software S.A. (LSI) | $48.80 Million | 5.65% | 0.28x | $11.18 Million |
| Nexity Global SA (NXG) | $21.66 Million | -200.79% | 0.00x | $810.77K |
| Quantum Software SA (QNT) | $19.37 Million | 15.58% | 0.26x | $1.22 Million |
| Shoper S.A. (SHO) | $56.35 Million | 46.59% | 1.25x | $75.50 Million |
| Spyrosoft S.A. (SPR) | $46.83 Million | 31.35% | 0.76x | $23.90 Million |
| Silvair Inc (SVRS) | $8.79 Million | -14.24% | 0.50x | $11.00 Million |