Triton Development S.A.
Triton Development S.A. engages in the residential construction business in Poland. It offers apartments in multi-family buildings, and single-family and semi-detached houses. The company also offers rental services and real estate administration services, as well as engages in investment brokerage business. The company was founded in 1992 and is based in Warsaw, Poland.
Triton Development S.A. (TRI) - Net Assets
Latest net assets as of September 2025: zł82.29 Million PLN
Based on the latest financial reports, Triton Development S.A. (TRI) has net assets worth zł82.29 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 (zł145.82 Million) and total liabilities (zł63.53 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 | zł82.29 Million |
| % of Total Assets | 56.43% |
| Annual Growth Rate | -3.54% |
| 5-Year Change | -6.63% |
| 10-Year Change | -12.62% |
| Growth Volatility | 7.96 |
Triton Development S.A. - Net Assets Trend (2008–2024)
This chart illustrates how Triton Development 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 Triton Development S.A. (2008–2024)
The table below shows the annual net assets of Triton Development S.A. from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł78.64 Million | -2.52% |
| 2023-12-31 | zł80.67 Million | -5.29% |
| 2022-12-31 | zł85.18 Million | -0.08% |
| 2021-12-31 | zł85.25 Million | +1.21% |
| 2020-12-31 | zł84.23 Million | -3.29% |
| 2019-12-31 | zł87.09 Million | -2.06% |
| 2018-12-31 | zł88.93 Million | +4.72% |
| 2017-12-31 | zł84.92 Million | +5.99% |
| 2016-12-31 | zł80.12 Million | -10.97% |
| 2015-12-31 | zł90.00 Million | -7.21% |
| 2014-12-31 | zł96.99 Million | -8.11% |
| 2013-12-31 | zł105.55 Million | -7.54% |
| 2012-12-31 | zł114.17 Million | -13.87% |
| 2011-12-31 | zł132.55 Million | -3.73% |
| 2010-12-31 | zł137.69 Million | -16.31% |
| 2009-12-31 | zł164.52 Million | +17.46% |
| 2008-12-31 | zł140.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Triton Development 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 239.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | zł25.46 Million | 32.37% |
| Other Components | zł64.98 Million | 82.64% |
| Total Equity | zł78.64 Million | 100.00% |
Triton Development S.A. Competitors by Market Cap
The table below lists competitors of Triton Development S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Global Battery Metals Ltd
OTCQB:REZZF
|
$694.34K |
|
ASSURED GUARANTY
MU:DHU
|
$694.52K |
|
ENBW ENERGIE B-W
MU:EBK
|
$694.90K |
|
Mullen Automotive Inc.
NASDAQ:MULN
|
$695.57K |
|
NSTAR Electric Company PFD 4.25%
PINK:NSARP
|
$693.57K |
|
MAKEMYTRIP
BE:MY1
|
$693.38K |
|
TAAT Global Alternatives Inc
PINK:TOBAF
|
$693.29K |
|
SYSCO (SYY.SG)
STU:SYY
|
$693.23K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Triton Development S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 80,671,000 to 78,639,000, a change of -2,032,000 (-2.5%).
- Net loss of 5,844,000 reduced equity.
- Other factors increased equity by 3,812,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-5.84 Million | -7.43% |
| Other Changes | zł3.81 Million | +4.85% |
| Total Change | zł- | -2.52% |
Book Value vs Market Value Analysis
This analysis compares Triton Development 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: 0.28x
- 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 increased from 0.15x to 0.28x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | zł22.64 | zł3.48 | x |
| 2009-12-31 | zł26.73 | zł3.48 | x |
| 2010-12-31 | zł21.63 | zł3.48 | x |
| 2011-12-31 | zł20.83 | zł3.48 | x |
| 2012-12-31 | zł17.88 | zł3.48 | x |
| 2013-12-31 | zł16.58 | zł3.48 | x |
| 2014-12-31 | zł15.24 | zł3.48 | x |
| 2015-12-31 | zł14.14 | zł3.48 | x |
| 2016-12-31 | zł12.59 | zł3.48 | x |
| 2017-12-31 | zł13.34 | zł3.48 | x |
| 2018-12-31 | zł13.97 | zł3.48 | x |
| 2019-12-31 | zł13.68 | zł3.48 | x |
| 2020-12-31 | zł13.23 | zł3.48 | x |
| 2021-12-31 | zł13.39 | zł3.48 | x |
| 2022-12-31 | zł13.38 | zł3.48 | x |
| 2023-12-31 | zł12.68 | zł3.48 | x |
| 2024-12-31 | zł12.36 | zł3.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Triton Development 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): -7.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.89%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.11x
- Recent ROE (-7.43%) is below the historical average (-2.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 27.81% | 36.44% | 0.30x | 2.57x | zł24.94 Million |
| 2009 | 0.03% | 0.18% | 0.08x | 2.00x | zł-16.40 Million |
| 2010 | 0.74% | 0.87% | 0.33x | 2.60x | zł-12.75 Million |
| 2011 | -3.54% | -5.38% | 0.33x | 2.02x | zł-17.95 Million |
| 2012 | -16.10% | -89.60% | 0.10x | 1.84x | zł-29.80 Million |
| 2013 | -8.16% | -26.65% | 0.18x | 1.74x | zł-19.17 Million |
| 2014 | -8.83% | -25.21% | 0.22x | 1.60x | zł-18.26 Million |
| 2015 | -7.77% | -19.31% | 0.30x | 1.34x | zł-15.99 Million |
| 2016 | -12.32% | -33.82% | 0.24x | 1.52x | zł-17.89 Million |
| 2017 | 5.65% | 12.24% | 0.37x | 1.25x | zł-3.69 Million |
| 2018 | 4.50% | 12.19% | 0.34x | 1.09x | zł-4.89 Million |
| 2019 | -2.11% | -9.82% | 0.19x | 1.12x | zł-10.55 Million |
| 2020 | -3.40% | -8.88% | 0.33x | 1.15x | zł-11.29 Million |
| 2021 | 1.20% | 2.67% | 0.35x | 1.28x | zł-7.50 Million |
| 2022 | -0.08% | -0.23% | 0.31x | 1.18x | zł-8.59 Million |
| 2023 | -5.28% | -28.15% | 0.12x | 1.63x | zł-12.32 Million |
| 2024 | -7.43% | -25.89% | 0.14x | 2.11x | zł-13.71 Million |
Industry Comparison
This section compares Triton Development S.A.'s net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $245,788,000
- Average return on equity (ROE) among peers: 25.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Triton Development S.A. (TRI) | zł82.29 Million | 27.81% | 0.77x | $693.85K |
| ED Invest S.A. (EDI) | $52.05 Million | 1.80% | 0.36x | $2.13 Million |
| Murapol S.A. (MUR) | $439.53 Million | 48.20% | 2.94x | $368.76 Million |