Vistal Gdynia (VTL) - Net Assets
Based on the latest financial reports, Vistal Gdynia (VTL) has net assets worth zł-485.52 Million PLN (≈ $-133.62 Million USD) as of September 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł79.63 Million ≈ $21.92 Million USD) and total liabilities (zł565.15 Million ≈ $155.54 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 financial resilience of Vistal Gdynia to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł-485.52 Million |
| % of Total Assets | -609.71% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -418.6% |
| Growth Volatility | 101.88 |
Vistal Gdynia - Net Assets Trend (2012–2022)
This chart illustrates how Vistal Gdynia's net assets have evolved over time, based on quarterly financial data. Also explore VTL total assets for the complete picture of this company's asset base.
Annual Net Assets for Vistal Gdynia (2012–2022)
The table below shows the annual net assets of Vistal Gdynia from 2012 to 2022. For live valuation and market cap data, see Vistal Gdynia (VTL) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | zł-477.75 Million ≈ $-131.48 Million |
-13353.84% |
| 2021-12-31 | zł-3.55 Million ≈ $-977.29K |
-17.54% |
| 2020-12-31 | zł-3.02 Million ≈ $-831.42K |
+60.85% |
| 2019-12-31 | zł-7.72 Million ≈ $-2.12 Million |
+97.20% |
| 2018-12-31 | zł-275.46 Million ≈ $-75.81 Million |
-15.72% |
| 2017-12-31 | zł-238.04 Million ≈ $-65.51 Million |
-213.00% |
| 2016-12-31 | zł210.66 Million ≈ $57.98 Million |
+2.04% |
| 2015-12-31 | zł206.45 Million ≈ $56.82 Million |
+11.04% |
| 2014-12-31 | zł185.92 Million ≈ $51.17 Million |
+23.98% |
| 2013-12-31 | zł149.95 Million ≈ $41.27 Million |
+86.25% |
| 2012-12-31 | zł80.51 Million ≈ $22.16 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Vistal Gdynia'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 1149.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | zł824.00K | % |
| Other Components | zł153.50 Million | % |
| Total Equity | zł-477.75 Million | 100.00% |
Vistal Gdynia Competitors by Market Cap
The table below lists competitors of Vistal Gdynia ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GIVOT OLAM OIL EXP ILS1
TA:GIVO-L
|
$2.72 Million |
|
Gulf Marine Services PLC
LSE:GMS
|
$2.72 Million |
|
ELEMENT NUTR.SCIENCES
F:93X
|
$2.73 Million |
|
VS Media Holdings Limited Class A Ordinary Shares
NASDAQ:VSME
|
$2.73 Million |
|
Discovery Alaska Ltd
AU:DAF
|
$2.72 Million |
|
LSL Property Services Plc
LSE:LSL
|
$2.72 Million |
|
AE Multi Holdings Bhd
KLSE:7146
|
$2.72 Million |
|
YouGov plc
LSE:YOU
|
$2.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vistal Gdynia's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -3,551,000 to -477,746,000, a change of -474,195,000.
- Net loss of 474,195,000 reduced equity.
- Other comprehensive income decreased equity by 108,199,000.
- Other factors increased equity by 108,199,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-474.19 Million | -99.26% |
| Other Comprehensive Income | zł-108.20 Million | -22.65% |
| Other Changes | zł108.20 Million | +22.65% |
| Total Change | zł- | % |
Book Value vs Market Value Analysis
This analysis compares Vistal Gdynia'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | zł5.66 | zł0.60 | x |
| 2013-12-31 | zł10.54 | zł0.60 | x |
| 2014-12-31 | zł13.08 | zł0.60 | x |
| 2015-12-31 | zł14.53 | zł0.60 | x |
| 2016-12-31 | zł14.82 | zł0.60 | x |
| 2017-12-31 | zł-16.75 | zł0.60 | x |
| 2018-12-31 | zł-19.38 | zł0.60 | x |
| 2019-12-31 | zł-0.47 | zł0.60 | x |
| 2020-12-31 | zł-0.18 | zł0.60 | x |
| 2021-12-31 | zł-0.22 | zł0.60 | x |
| 2022-12-31 | zł-28.99 | zł0.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vistal Gdynia 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -647.02%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (2.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 1.34% | 0.47% | 0.88x | 3.27x | zł-6.96 Million |
| 2013 | 13.59% | 7.19% | 0.67x | 2.81x | zł5.38 Million |
| 2014 | 6.61% | 3.81% | 0.67x | 2.58x | zł-6.31 Million |
| 2015 | 6.89% | 3.47% | 0.75x | 2.65x | zł-6.42 Million |
| 2016 | 4.22% | 1.92% | 0.69x | 3.18x | zł-12.18 Million |
| 2017 | 0.00% | -436.18% | 0.31x | 0.00x | zł-385.33 Million |
| 2018 | 0.00% | -76.12% | 0.25x | 0.00x | zł-22.21 Million |
| 2019 | 0.00% | 388.17% | 0.29x | 0.00x | zł255.09 Million |
| 2020 | 0.00% | -27.20% | 0.81x | 0.00x | zł-24.93 Million |
| 2021 | 0.00% | -32.22% | 0.53x | 0.00x | zł-16.83 Million |
| 2022 | 0.00% | -647.02% | 0.84x | 0.00x | zł-426.42 Million |
Industry Comparison
This section compares Vistal Gdynia's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $298,303,839
- Average return on equity (ROE) among peers: -3.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vistal Gdynia (VTL) | zł-485.52 Million | 1.34% | N/A | $2.72 Million |
| Atrem S.A. (ATR) | $29.67 Million | -26.78% | 1.63x | $157.50 Million |
| Budimex S.A. (BDX) | $1.57 Billion | 47.01% | 4.36x | $4.62 Billion |
| Dekpol SA (DEK) | $138.91 Million | 16.49% | 2.36x | $181.82 Million |
| Energoaparatura S.A. (ENP) | $11.89 Million | 17.93% | 0.76x | $20.04 Million |
| Erbud SA (ERB) | $274.82 Million | 12.24% | 3.27x | $87.01 Million |
| INSTAL KRAKÓW SA (INK) | $227.27 Million | 5.34% | 0.76x | $75.39 Million |
| Interbud-Lublin SA (ITB) | $19.81 Million | -119.91% | 5.87x | $5.71 Million |
| Mirbud SA (MRB) | $461.61 Million | 12.61% | 2.33x | $334.81 Million |
| MOSTOSTAL Płock SA (MSP) | $55.39 Million | 4.65% | 0.60x | $7.27 Million |
| Mostostal Warszawa S.A. (MSW) | $193.37 Million | -5.97% | 6.07x | $27.74 Million |
About Vistal Gdynia
Vistal Gdynia S.A. engages in the production and sale of steel structures for the construction, energy, shipbuilding, and offshore industries in Poland and internationally. It operates as a general contractor of bridges, drawbridges, footbridges, viaducts, and industrial halls; offers steel structures for production and sports halls, and industrial structures; and manufactures stainless steel and… Read more