Xplus SA (XPL) - Net Assets
Based on the latest financial reports, Xplus SA (XPL) has net assets worth zł17.64 Million PLN (≈ $4.85 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 (zł37.08 Million ≈ $10.20 Million USD) and total liabilities (zł19.44 Million ≈ $5.35 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. Read Xplus SA (XPL) total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł17.64 Million |
| % of Total Assets | 47.57% |
| Annual Growth Rate | 12.5% |
| 5-Year Change | 30.66% |
| 10-Year Change | N/A |
| Growth Volatility | 19.75 |
Xplus SA - Net Assets Trend (2016–2024)
This chart illustrates how Xplus SA's net assets have evolved over time, based on quarterly financial data. Also explore Xplus SA total assets for the complete picture of this company's asset base.
Annual Net Assets for Xplus SA (2016–2024)
The table below shows the annual net assets of Xplus SA from 2016 to 2024. For live valuation and market cap data, see XPL stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł20.49 Million ≈ $5.64 Million |
+46.05% |
| 2023-12-31 | zł14.03 Million ≈ $3.86 Million |
-22.00% |
| 2022-12-31 | zł17.99 Million ≈ $4.95 Million |
+8.43% |
| 2021-12-31 | zł16.59 Million ≈ $4.57 Million |
+5.79% |
| 2020-12-31 | zł15.68 Million ≈ $4.32 Million |
+21.07% |
| 2019-12-31 | zł12.95 Million ≈ $3.56 Million |
+37.44% |
| 2018-12-31 | zł9.42 Million ≈ $2.59 Million |
+4.00% |
| 2017-12-31 | zł9.06 Million ≈ $2.49 Million |
+13.50% |
| 2016-12-31 | zł7.98 Million ≈ $2.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xplus 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 264.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł6.44 Million | 31.41% |
| Common Stock | zł696.00K | 3.40% |
| Other Components | zł13.36 Million | 65.19% |
| Total Equity | zł20.49 Million | 100.00% |
Xplus SA Competitors by Market Cap
The table below lists competitors of Xplus SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NextNRG Inc.
NASDAQ:NXXT
|
$46.40 Million |
|
Mishorim Real Estate Investments
TA:MSHR
|
$46.41 Million |
|
Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret AS
IS:DERIM
|
$46.42 Million |
|
Taiwan Wax Co Ltd
TWO:1742
|
$46.42 Million |
|
Tolins Tyres Ltd
NSE:TOLINS
|
$46.38 Million |
|
Molinos Juan Semino SA
BA:SEMI
|
$46.37 Million |
|
Magnitude International Ltd Ordinary Shares
NASDAQ:MAGH
|
$46.36 Million |
|
Zim Laboratories Limited
NSE:ZIMLAB
|
$46.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xplus SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,030,000 to 20,491,000, a change of 6,461,000 (46.1%).
- Net income of 6,436,000 contributed positively to equity growth.
- New share issuances of 23,000 increased equity.
- Other comprehensive income decreased equity by 21,739,000.
- Other factors increased equity by 21,741,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł6.44 Million | +31.41% |
| Share Issuances | zł23.00K | +0.11% |
| Other Comprehensive Income | zł-21.74 Million | -106.09% |
| Other Changes | zł21.74 Million | +106.1% |
| Total Change | zł- | 46.05% |
Book Value vs Market Value Analysis
This analysis compares Xplus 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: 8.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 20.41x to 8.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | zł0.12 | zł2.42 | x |
| 2017-12-31 | zł0.13 | zł2.42 | x |
| 2018-12-31 | zł0.14 | zł2.42 | x |
| 2019-12-31 | zł0.17 | zł2.42 | x |
| 2020-12-31 | zł0.23 | zł2.42 | x |
| 2021-12-31 | zł0.25 | zł2.42 | x |
| 2022-12-31 | zł0.27 | zł2.42 | x |
| 2023-12-31 | zł0.21 | zł2.42 | x |
| 2024-12-31 | zł0.29 | zł2.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xplus 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): 31.41%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.71%
- • Asset Turnover: 1.51x
- • Equity Multiplier: 1.94x
- Recent ROE (31.41%) is above the historical average (27.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 22.12% | 8.40% | 1.45x | 1.81x | zł967.34K |
| 2017 | 19.33% | 7.59% | 1.74x | 1.46x | zł845.11K |
| 2018 | 25.28% | 10.28% | 1.28x | 1.92x | zł1.44 Million |
| 2019 | 36.31% | 13.69% | 1.61x | 1.65x | zł3.06 Million |
| 2020 | 51.64% | 20.83% | 1.63x | 1.52x | zł6.53 Million |
| 2021 | 57.08% | 18.32% | 1.50x | 2.08x | zł7.81 Million |
| 2022 | 36.98% | 11.14% | 1.69x | 1.97x | zł4.85 Million |
| 2023 | -30.78% | -8.28% | 1.62x | 2.30x | zł-5.72 Million |
| 2024 | 31.41% | 10.71% | 1.51x | 1.94x | zł4.39 Million |
Industry Comparison
This section compares Xplus SA's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $38,692,838
- Average return on equity (ROE) among peers: 18.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xplus SA (XPL) | zł17.64 Million | 22.12% | 1.10x | $46.39 Million |
| Cloud Technologies S.A (CLD) | $76.23 Million | 11.96% | 0.39x | $82.07 Million |
| Datawalk SA (DAT) | $1.15 Million | 24.51% | 0.24x | $223.45 Million |
About Xplus SA
Xplus S.A. offers IT software solutions in Poland and internationally. It offers Executive Automats- Testing, a test automation tool for Microsoft Dynamics AX/365 FSCM; Executive Automats - Security Setup that creates custom security roles for Microsoft Dynamics 365 FSCM; Executive Explorer, a business process performance advisor for Microsoft Dynamics AX/365 FSCM; Data Protection Suite, a tool f… Read more