TESGAS S.A.
Tesgas S.A. engages in the construction, renovation, and modernization of gas facilities in Poland. The company invests in activities related to the transmission and distribution of natural gas. It is also involved in the construction and renovation of gas networks of high, medium, and low pressures; gas stations and boiler rooms; and facilities related to the extraction of natural gas and crude … Read more
TESGAS S.A. (TSG) - Net Assets
Latest net assets as of September 2025: zł82.24 Million PLN
Based on the latest financial reports, TESGAS S.A. (TSG) has net assets worth zł82.24 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 (zł111.26 Million) and total liabilities (zł29.02 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 | zł82.24 Million |
| % of Total Assets | 73.91% |
| Annual Growth Rate | 6.06% |
| 5-Year Change | 9.41% |
| 10-Year Change | 8.83% |
| Growth Volatility | 51.19 |
TESGAS S.A. - Net Assets Trend (2009–2024)
This chart illustrates how TESGAS 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 TESGAS S.A. (2009–2024)
The table below shows the annual net assets of TESGAS S.A. from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł88.28 Million | -0.33% |
| 2023-12-31 | zł88.57 Million | +2.37% |
| 2022-12-31 | zł86.53 Million | -0.73% |
| 2021-12-31 | zł87.16 Million | +8.02% |
| 2020-12-31 | zł80.69 Million | +10.34% |
| 2019-12-31 | zł73.13 Million | +5.21% |
| 2018-12-31 | zł69.51 Million | +2.90% |
| 2017-12-31 | zł67.55 Million | -9.02% |
| 2016-12-31 | zł74.25 Million | -8.47% |
| 2015-12-31 | zł81.12 Million | +2.57% |
| 2014-12-31 | zł79.08 Million | -2.01% |
| 2013-12-31 | zł80.70 Million | +4.38% |
| 2012-12-31 | zł77.32 Million | -36.13% |
| 2011-12-31 | zł121.06 Million | +10.56% |
| 2010-12-31 | zł109.49 Million | +199.70% |
| 2009-12-31 | zł36.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TESGAS 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 25.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł13.10 Million | 14.98% |
| Common Stock | zł11.35 Million | 12.98% |
| Other Components | zł62.97 Million | 72.03% |
| Total Equity | zł87.42 Million | 100.00% |
TESGAS S.A. Competitors by Market Cap
The table below lists competitors of TESGAS S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
M3 Mining Ltd
AU:M3M
|
$2.95 Million |
|
The Detroit Legal News Company
PINK:DTRL
|
$2.95 Million |
|
Indo-National Limited
NSE:NIPPOBATRY
|
$2.95 Million |
|
Borneo Olah Sarana Sukses PT
JK:BOSS
|
$2.95 Million |
|
MapsPeople A/S
CO:MAPS
|
$2.95 Million |
|
Carzo Holdings Bhd
KLSE:03048
|
$2.94 Million |
|
Truscott Mining Corporation Ltd
AU:TRM
|
$2.94 Million |
|
Eksons Corp Bhd
KLSE:9016
|
$2.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TESGAS S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,617,000 to 87,415,000, a change of -202,000 (-0.2%).
- Net loss of 202,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-202.00K | -0.23% |
| Total Change | zł- | -0.23% |
Book Value vs Market Value Analysis
This analysis compares TESGAS 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: 0.26x
- 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 0.36x to 0.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | zł5.45 | zł1.97 | x |
| 2010-12-31 | zł11.38 | zł1.97 | x |
| 2011-12-31 | zł10.39 | zł1.97 | x |
| 2012-12-31 | zł6.70 | zł1.97 | x |
| 2013-12-31 | zł7.01 | zł1.97 | x |
| 2014-12-31 | zł6.93 | zł1.97 | x |
| 2015-12-31 | zł7.15 | zł1.97 | x |
| 2016-12-31 | zł6.54 | zł1.97 | x |
| 2017-12-31 | zł5.95 | zł1.97 | x |
| 2018-12-31 | zł6.12 | zł1.97 | x |
| 2019-12-31 | zł6.44 | zł1.97 | x |
| 2020-12-31 | zł7.03 | zł1.97 | x |
| 2021-12-31 | zł7.61 | zł1.97 | x |
| 2022-12-31 | zł7.55 | zł1.97 | x |
| 2023-12-31 | zł7.72 | zł1.97 | x |
| 2024-12-31 | zł7.70 | zł1.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TESGAS 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): -0.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.25%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.42x
- Recent ROE (-0.23%) is below the historical average (0.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 20.01% | 8.04% | 0.95x | 2.63x | zł3.66 Million |
| 2010 | 13.50% | 8.24% | 0.85x | 1.93x | zł3.73 Million |
| 2011 | 11.21% | 7.38% | 0.97x | 1.56x | zł1.42 Million |
| 2012 | -55.45% | -46.03% | 0.75x | 1.61x | zł-49.77 Million |
| 2013 | 4.36% | 5.71% | 0.50x | 1.53x | zł-4.48 Million |
| 2014 | 2.53% | 2.28% | 0.77x | 1.44x | zł-5.87 Million |
| 2015 | 4.41% | 4.23% | 0.74x | 1.40x | zł-4.53 Million |
| 2016 | -7.73% | -9.50% | 0.60x | 1.36x | zł-13.16 Million |
| 2017 | -9.92% | -11.64% | 0.59x | 1.44x | zł-13.45 Million |
| 2018 | 3.21% | 2.87% | 0.79x | 1.41x | zł-4.72 Million |
| 2019 | 4.95% | 2.85% | 1.15x | 1.51x | zł-3.70 Million |
| 2020 | 8.32% | 6.48% | 0.85x | 1.51x | zł-1.34 Million |
| 2021 | 7.60% | 5.78% | 0.86x | 1.53x | zł-2.07 Million |
| 2022 | 3.20% | 2.13% | 0.92x | 1.63x | zł-5.82 Million |
| 2023 | 4.88% | 3.04% | 1.12x | 1.43x | zł-4.49 Million |
| 2024 | -0.23% | -0.25% | 0.64x | 1.42x | zł-8.94 Million |
Industry Comparison
This section compares TESGAS S.A.'s net assets metrics with peer companies in the Utilities - Regulated Gas industry.
No peer company data available for comparison.