Wittchen SA (WTN) - Net Assets
Based on the latest financial reports, Wittchen SA (WTN) has net assets worth zł204.33 Million PLN (≈ $56.23 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł356.81 Million ≈ $98.20 Million USD) and total liabilities (zł152.48 Million ≈ $41.97 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 WTN financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł204.33 Million |
| % of Total Assets | 57.26% |
| Annual Growth Rate | 39.09% |
| 5-Year Change | 13.69% |
| 10-Year Change | 80.51% |
| Growth Volatility | 185.0 |
Wittchen SA - Net Assets Trend (2012–2024)
This chart illustrates how Wittchen SA's net assets have evolved over time, based on quarterly financial data. Also explore WTN current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Wittchen SA (2012–2024)
The table below shows the annual net assets of Wittchen SA from 2012 to 2024. For live valuation and market cap data, see Wittchen SA (WTN) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł185.79 Million ≈ $51.13 Million |
-14.25% |
| 2023-12-31 | zł216.67 Million ≈ $59.63 Million |
+1.07% |
| 2022-12-31 | zł214.36 Million ≈ $59.00 Million |
+4.15% |
| 2021-12-31 | zł205.81 Million ≈ $56.64 Million |
+25.95% |
| 2020-12-31 | zł163.41 Million ≈ $44.97 Million |
+9.03% |
| 2019-12-31 | zł149.88 Million ≈ $41.25 Million |
+10.95% |
| 2018-12-31 | zł135.09 Million ≈ $37.18 Million |
+13.39% |
| 2017-12-31 | zł119.14 Million ≈ $32.79 Million |
+6.44% |
| 2016-12-31 | zł111.93 Million ≈ $30.80 Million |
+8.75% |
| 2015-12-31 | zł102.93 Million ≈ $28.33 Million |
+89.04% |
| 2014-12-31 | zł54.45 Million ≈ $14.98 Million |
+96.62% |
| 2013-12-31 | zł27.69 Million ≈ $7.62 Million |
+681.57% |
| 2012-12-31 | zł3.54 Million ≈ $975.08K |
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Equity Component Analysis
This analysis shows how different components contribute to Wittchen 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 grown by 18221800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł121.43 Million | 65.36% |
| Common Stock | zł3.69 Million | 1.98% |
| Other Comprehensive Income | zł8.77 Million | 4.72% |
| Other Components | zł51.91 Million | 27.94% |
| Total Equity | zł185.79 Million | 100.00% |
Wittchen SA Competitors by Market Cap
The table below lists competitors of Wittchen SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CORA GOLD LTD O.N.
F:C0J
|
$81.10 Million |
|
MS Autotech Co.Ltd
KQ:123040
|
$81.10 Million |
|
Interpark Co. Ltd
KQ:035080
|
$81.10 Million |
|
CPN Commercial Growth Leasehold Property Fund
BK:CPNCG
|
$81.12 Million |
|
Sangsangin Investment & Securities Co Ltd
KO:001290
|
$81.09 Million |
|
Handok
KO:002390
|
$81.08 Million |
|
Lix Solution Co.Ltd
KQ:029480
|
$81.05 Million |
|
Wrap Technologies Inc
NASDAQ:WRAP
|
$81.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wittchen SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 216,668,000 to 185,791,000, a change of -30,877,000 (-14.3%).
- Net income of 34,238,000 contributed positively to equity growth.
- Dividend payments of 65,817,000 reduced retained earnings.
- New share issuances of 15,000 increased equity.
- Other comprehensive income increased equity by 685,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł34.24 Million | +18.43% |
| Dividends Paid | zł65.82 Million | -35.43% |
| Share Issuances | zł15.00K | +0.01% |
| Other Comprehensive Income | zł685.00K | +0.37% |
| Other Changes | zł2.00K | +0.0% |
| Total Change | zł- | -14.25% |
Book Value vs Market Value Analysis
This analysis compares Wittchen 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: 1.59x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 74.28x to 1.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | zł0.21 | zł15.95 | x |
| 2013-12-31 | zł1.68 | zł15.95 | x |
| 2014-12-31 | zł3.00 | zł15.95 | x |
| 2015-12-31 | zł5.64 | zł15.95 | x |
| 2016-12-31 | zł6.16 | zł15.95 | x |
| 2017-12-31 | zł6.55 | zł15.95 | x |
| 2018-12-31 | zł7.42 | zł15.95 | x |
| 2019-12-31 | zł8.21 | zł15.95 | x |
| 2020-12-31 | zł8.91 | zł15.95 | x |
| 2021-12-31 | zł11.22 | zł15.95 | x |
| 2022-12-31 | zł11.70 | zł15.95 | x |
| 2023-12-31 | zł11.69 | zł15.95 | x |
| 2024-12-31 | zł10.03 | zł15.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wittchen 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): 18.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.54%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 1.89x
- Recent ROE (18.43%) is above the historical average (-9.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -439.03% | -20.82% | 0.67x | 31.37x | zł-15.91 Million |
| 2013 | 52.11% | 16.58% | 0.77x | 4.10x | zł11.66 Million |
| 2014 | 50.81% | 21.20% | 0.86x | 2.80x | zł22.22 Million |
| 2015 | 26.34% | 17.88% | 0.81x | 1.82x | zł16.82 Million |
| 2016 | 18.17% | 11.95% | 0.92x | 1.65x | zł9.15 Million |
| 2017 | 18.36% | 10.17% | 1.22x | 1.48x | zł9.95 Million |
| 2018 | 22.95% | 12.65% | 1.25x | 1.45x | zł17.49 Million |
| 2019 | 21.37% | 11.26% | 1.10x | 1.73x | zł17.04 Million |
| 2020 | 8.12% | 6.29% | 0.76x | 1.69x | zł-3.07 Million |
| 2021 | 20.52% | 15.21% | 0.83x | 1.63x | zł21.66 Million |
| 2022 | 29.34% | 15.49% | 1.23x | 1.54x | zł41.45 Million |
| 2023 | 28.29% | 13.12% | 1.38x | 1.56x | zł39.62 Million |
| 2024 | 18.43% | 7.54% | 1.30x | 1.89x | zł15.66 Million |
Industry Comparison
This section compares Wittchen SA's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $952,239,000
- Average return on equity (ROE) among peers: 44.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wittchen SA (WTN) | zł204.33 Million | -439.03% | 0.75x | $81.09 Million |
| CCC S.A. (CCC) | $952.24 Million | 44.14% | 0.88x | $2.69 Billion |
About Wittchen SA
Wittchen S.A. manufactures and sells leather goods for men and women in Poland and Europe. The company offers messenger, shoulder, cross body, shopper, tote, hobo, waist, clutch, evening, and laptop bags, as well as backpacks; leather goods, such as wallets, cases, briefcases, business card holders, document holders, and organizers; and luggage products, including suitcases, cosmetic cases, trave… Read more