Wojas SA
Wojas S.A. primarily engages in the manufacture and sale of leather footwear for men and women in Poland. The company's footwear includes shoes, trainers, sneakers, moccasins, pumps, stiletto heels, ballerina flats, lace-up shoes, Chelsea boots, snow boots, elegants, trekkings, prophylactics, slippers, sandals, sliders, heels, and knee-high boots. It also offers bags comprising everyday, crossbod… Read more
Wojas SA (WOJ) - Net Assets
Latest net assets as of March 2024: zł137.05 Million PLN
Based on the latest financial reports, Wojas SA (WOJ) has net assets worth zł137.05 Million PLN as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł303.17 Million) and total liabilities (zł166.13 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 | zł137.05 Million |
| % of Total Assets | 45.2% |
| Annual Growth Rate | 10.45% |
| 5-Year Change | 89.37% |
| 10-Year Change | N/A |
| Growth Volatility | 25.63 |
Wojas SA - Net Assets Trend (2015–2023)
This chart illustrates how Wojas SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wojas SA (2015–2023)
The table below shows the annual net assets of Wojas SA from 2015 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | zł141.94 Million | +21.70% |
| 2022-12-31 | zł116.64 Million | +33.66% |
| 2021-12-31 | zł87.26 Million | +61.78% |
| 2020-12-31 | zł53.94 Million | -28.04% |
| 2019-12-31 | zł74.95 Million | -2.29% |
| 2018-12-31 | zł76.71 Million | -0.53% |
| 2017-12-31 | zł77.12 Million | +21.66% |
| 2016-12-31 | zł63.39 Million | -1.12% |
| 2015-12-31 | zł64.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wojas SA'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 12.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł22.64 Million | 16.06% |
| Other Components | zł118.36 Million | 83.94% |
| Total Equity | zł141.00 Million | 100.00% |
Wojas SA Competitors by Market Cap
The table below lists competitors of Wojas SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shinsung Solar Energy Co. Ltd.
KQ:011930
|
$18.90K |
|
ASHMORE GRP
BE:A1B
|
$18.91K |
|
LAXMIDENTL
NSE:LAXMIDENTL
|
$18.92K |
|
Savezone I&C Corp.
KQ:067830
|
$18.92K |
|
TEO LT (ZWS.SG)
STU:ZWS
|
$18.90K |
|
Redox Limited
F:AE0
|
$18.89K |
|
Smart Closet Inc
PINK:ZSYC
|
$18.89K |
|
Makolab
WAR:MLB
|
$18.87K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wojas SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 113,970,000 to 141,005,000, a change of 27,035,000 (23.7%).
- Net income of 25,055,000 contributed positively to equity growth.
- Other factors increased equity by 1,980,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł25.05 Million | +17.77% |
| Other Changes | zł1.98 Million | +1.4% |
| Total Change | zł- | 23.72% |
Book Value vs Market Value Analysis
This analysis compares Wojas SA'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: 0.74x
- 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 1.35x to 0.74x 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 | zł6.05 | zł8.18 | x |
| 2019-12-31 | zł5.91 | zł8.18 | x |
| 2020-12-31 | zł4.25 | zł8.18 | x |
| 2021-12-31 | zł6.66 | zł8.18 | x |
| 2022-12-31 | zł8.99 | zł8.18 | x |
| 2023-12-31 | zł11.12 | zł8.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wojas SA 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): 17.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.14%
- • Asset Turnover: 1.44x
- • Equity Multiplier: 2.01x
- Recent ROE (17.77%) is above the historical average (7.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 5.72% | 1.72% | 1.29x | 2.58x | zł-2.75 Million |
| 2016 | 2.85% | 0.79% | 1.48x | 2.45x | zł-4.53 Million |
| 2017 | 18.64% | 6.06% | 1.53x | 2.01x | zł6.67 Million |
| 2018 | 2.66% | 0.86% | 1.59x | 1.95x | zł-5.63 Million |
| 2019 | 5.51% | 1.41% | 1.15x | 3.39x | zł-3.36 Million |
| 2020 | -29.39% | -6.48% | 0.95x | 4.75x | zł-21.24 Million |
| 2021 | 20.59% | 6.64% | 1.00x | 3.09x | zł8.95 Million |
| 2022 | 26.68% | 9.17% | 1.12x | 2.61x | zł19.01 Million |
| 2023 | 17.77% | 6.14% | 1.44x | 2.01x | zł10.95 Million |
Industry Comparison
This section compares Wojas SA's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $50,980,333
- Average return on equity (ROE) among peers: 26.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wojas SA (WOJ) | zł137.05 Million | 5.72% | 1.21x | $18.90K |
| Prima Moda SA (PMA) | $8.74 Million | 102.16% | 2.47x | $258.58K |
| Protektor S.A. (PRT) | $51.56 Million | 1.42% | 0.92x | $4.38 Million |
| Sanwil Holding SA (SNW) | $92.63 Million | -23.05% | 0.42x | $2.85 Million |