Grupa Azoty Zaklady Azotowe Pulawy SA (ZAP) - Net Assets
Based on the latest financial reports, Grupa Azoty Zaklady Azotowe Pulawy SA (ZAP) has net assets worth zł2.75 Billion PLN (≈ $757.28 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 (zł6.05 Billion ≈ $1.66 Billion USD) and total liabilities (zł3.30 Billion ≈ $907.02 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 Grupa Azoty Zaklady Azotowe Pulawy SA liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł2.75 Billion |
| % of Total Assets | 45.5% |
| Annual Growth Rate | 4.77% |
| 5-Year Change | -16.7% |
| 10-Year Change | -2.0% |
| Growth Volatility | 9.79 |
Grupa Azoty Zaklady Azotowe Pulawy SA - Net Assets Trend (2004–2024)
This chart illustrates how Grupa Azoty Zaklady Azotowe Pulawy SA's net assets have evolved over time, based on quarterly financial data. Also explore ZAP total asset value for the complete picture of this company's asset base.
Annual Net Assets for Grupa Azoty Zaklady Azotowe Pulawy SA (2004–2024)
The table below shows the annual net assets of Grupa Azoty Zaklady Azotowe Pulawy SA from 2004 to 2024. For live valuation and market cap data, see Grupa Azoty Zaklady Azotowe Pulawy SA market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł2.98 Billion ≈ $819.96 Million |
-10.75% |
| 2023-12-31 | zł3.34 Billion ≈ $918.72 Million |
-15.75% |
| 2022-12-31 | zł3.96 Billion ≈ $1.09 Billion |
+4.32% |
| 2021-12-31 | zł3.80 Billion ≈ $1.05 Billion |
+6.20% |
| 2020-12-31 | zł3.58 Billion ≈ $984.30 Million |
+3.14% |
| 2019-12-31 | zł3.47 Billion ≈ $954.36 Million |
+8.07% |
| 2018-12-31 | zł3.21 Billion ≈ $883.08 Million |
+0.47% |
| 2017-12-31 | zł3.19 Billion ≈ $878.93 Million |
+2.92% |
| 2016-12-31 | zł3.10 Billion ≈ $854.02 Million |
+2.07% |
| 2015-12-31 | zł3.04 Billion ≈ $836.68 Million |
+11.41% |
| 2014-12-31 | zł2.73 Billion ≈ $751.02 Million |
+1.93% |
| 2013-12-31 | zł2.68 Billion ≈ $736.79 Million |
+0.22% |
| 2012-12-31 | zł2.67 Billion ≈ $735.14 Million |
+8.60% |
| 2011-12-31 | zł2.46 Billion ≈ $676.93 Million |
+26.55% |
| 2010-12-31 | zł1.94 Billion ≈ $534.91 Million |
+18.15% |
| 2009-12-31 | zł1.65 Billion ≈ $452.73 Million |
-6.81% |
| 2008-12-31 | zł1.77 Billion ≈ $485.82 Million |
+7.91% |
| 2007-12-31 | zł1.64 Billion ≈ $450.22 Million |
+6.21% |
| 2006-12-31 | zł1.54 Billion ≈ $423.88 Million |
+22.68% |
| 2005-12-31 | zł1.26 Billion ≈ $345.53 Million |
+6.96% |
| 2004-12-31 | zł1.17 Billion ≈ $323.03 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Grupa Azoty Zaklady Azotowe Pulawy 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 1921.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł2.55 Billion | 85.61% |
| Common Stock | zł191.15 Million | 6.42% |
| Other Components | zł237.65 Million | 7.98% |
| Total Equity | zł2.98 Billion | 100.00% |
Grupa Azoty Zaklady Azotowe Pulawy SA Competitors by Market Cap
The table below lists competitors of Grupa Azoty Zaklady Azotowe Pulawy SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pioneer High Income Closed Fund
NYSE:PHT
|
$244.12 Million |
|
Gipta Ofis Kirtasiye ve Promosyon Ãrünleri Imalat Sanayi A.S.
IS:GIPTA
|
$244.20 Million |
|
Formosa Oilseed Processing Co Ltd
TW:1225
|
$244.25 Million |
|
Launch Two Acquisition Corp. Class A Ordinary Shares
NASDAQ:LPBB
|
$244.26 Million |
|
Infotel SA
PA:INF
|
$244.09 Million |
|
Caxton
JSE:CAT
|
$244.05 Million |
|
W&T Offshore Inc
NYSE:WTI
|
$243.99 Million |
|
Zura Bio Limited Class A Ordinary Shares
NASDAQ:ZURA
|
$243.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grupa Azoty Zaklady Azotowe Pulawy SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,338,087,000 to 2,978,889,000, a change of -359,198,000 (-10.8%).
- Net loss of 368,221,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-368.22 Million | -12.36% |
| Other Changes | zł9.02 Million | +0.3% |
| Total Change | zł- | -10.76% |
Book Value vs Market Value Analysis
This analysis compares Grupa Azoty Zaklady Azotowe Pulawy 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: 0.30x
- 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 0.68x to 0.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | zł68.14 | zł46.40 | x |
| 2005-12-31 | zł65.68 | zł46.40 | x |
| 2006-12-31 | zł80.58 | zł46.40 | x |
| 2007-12-31 | zł85.58 | zł46.40 | x |
| 2008-12-31 | zł92.35 | zł46.40 | x |
| 2009-12-31 | zł86.06 | zł46.40 | x |
| 2010-12-31 | zł100.96 | zł46.40 | x |
| 2011-12-31 | zł127.91 | zł46.40 | x |
| 2012-12-31 | zł138.95 | zł46.40 | x |
| 2013-12-31 | zł139.20 | zł46.40 | x |
| 2014-12-31 | zł141.99 | zł46.40 | x |
| 2015-12-31 | zł158.68 | zł46.40 | x |
| 2016-12-31 | zł162.22 | zł46.40 | x |
| 2017-12-31 | zł167.03 | zł46.40 | x |
| 2018-12-31 | zł167.92 | zł46.40 | x |
| 2019-12-31 | zł181.57 | zł46.40 | x |
| 2020-12-31 | zł187.14 | zł46.40 | x |
| 2021-12-31 | zł198.73 | zł46.40 | x |
| 2022-12-31 | zł207.26 | zł46.40 | x |
| 2023-12-31 | zł174.63 | zł46.40 | x |
| 2024-12-31 | zł155.84 | zł46.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grupa Azoty Zaklady Azotowe Pulawy 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): -12.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.58%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 2.20x
- Recent ROE (-12.36%) is below the historical average (7.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 10.75% | 6.21% | 1.24x | 1.39x | zł8.79 Million |
| 2005 | 10.36% | 5.90% | 1.31x | 1.34x | zł4.46 Million |
| 2006 | 21.48% | 13.21% | 1.27x | 1.28x | zł176.80 Million |
| 2007 | 11.90% | 8.12% | 1.15x | 1.27x | zł31.04 Million |
| 2008 | 10.59% | 8.36% | 1.02x | 1.24x | zł10.46 Million |
| 2009 | 2.16% | 1.73% | 1.01x | 1.24x | zł-128.97 Million |
| 2010 | 15.37% | 10.29% | 1.15x | 1.30x | zł103.67 Million |
| 2011 | 24.56% | 15.21% | 1.23x | 1.32x | zł355.99 Million |
| 2012 | 14.69% | 10.04% | 1.14x | 1.28x | zł124.54 Million |
| 2013 | 7.81% | 5.73% | 1.06x | 1.29x | zł-58.33 Million |
| 2014 | 6.45% | 4.84% | 1.02x | 1.31x | zł-96.40 Million |
| 2015 | 14.87% | 11.85% | 0.99x | 1.27x | zł147.59 Million |
| 2016 | 8.72% | 8.08% | 0.84x | 1.29x | zł-39.78 Million |
| 2017 | 8.14% | 7.44% | 0.82x | 1.33x | zł-59.52 Million |
| 2018 | 1.78% | 1.60% | 0.81x | 1.38x | zł-263.73 Million |
| 2019 | 8.72% | 8.45% | 0.71x | 1.46x | zł-44.43 Million |
| 2020 | 6.03% | 6.73% | 0.58x | 1.54x | zł-141.87 Million |
| 2021 | 5.52% | 3.82% | 0.75x | 1.93x | zł-170.32 Million |
| 2022 | 7.33% | 3.27% | 1.20x | 1.87x | zł-105.63 Million |
| 2023 | -18.62% | -14.13% | 0.64x | 2.07x | zł-955.37 Million |
| 2024 | -12.36% | -10.58% | 0.53x | 2.20x | zł-666.11 Million |
Industry Comparison
This section compares Grupa Azoty Zaklady Azotowe Pulawy SA's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $5,071,879,000
- Average return on equity (ROE) among peers: 4.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grupa Azoty Zaklady Azotowe Pulawy SA (ZAP) | zł2.75 Billion | 10.75% | 1.20x | $244.10 Million |
| Grupa Azoty S.A. (ATT) | $8.29 Billion | 3.76% | 1.20x | $532.35 Million |
| Grupa Azoty Zaklady Chemiczne Police SA (PCE) | $1.85 Billion | 6.10% | 1.25x | $263.15 Million |
About Grupa Azoty Zaklady Azotowe Pulawy SA
Zaklady Azotowe Pulawy S.A. manufactures and sells fertilizer and chemical products worldwide. It provides nitrogen fertilizers under PULAN, PULAN MACRO, megAN 33,5, SALMAG, PULMIX, Saletrzak 27N, eNpluSTM, and PULREA name; urea under PULGRAN name; urea ammonium sulfate under the PULGRANS name; RSM, RSMOptima and RSMS, PULSAR and ammonium sulfate from the Flue Gas Desulfurisation Unit; nitrogen f… Read more