Zespol Elektrowni Patnow Adamow Konin SA
ZE PAK SA produces and sells electricity and heat in Poland. The company produces energy from conventional and renewable sources, such as wind sources, photovoltaics, and biomass, as well as through lignite-fired power plants. It also engages in the construction and installation work, maintenance work, services, manufacturing, commercial activities, coal mining, and coal-based energy production. … Read more
Zespol Elektrowni Patnow Adamow Konin SA (ZEP) - Net Assets
Latest net assets as of September 2025: zł2.06 Billion PLN
Based on the latest financial reports, Zespol Elektrowni Patnow Adamow Konin SA (ZEP) has net assets worth zł2.06 Billion PLN as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł3.82 Billion) and total liabilities (zł1.76 Billion). 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 | zł2.06 Billion |
| % of Total Assets | 53.83% |
| Annual Growth Rate | 0.83% |
| 5-Year Change | 129.13% |
| 10-Year Change | 15.42% |
| Growth Volatility | 42.0 |
Zespol Elektrowni Patnow Adamow Konin SA - Net Assets Trend (2008–2024)
This chart illustrates how Zespol Elektrowni Patnow Adamow Konin 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 Zespol Elektrowni Patnow Adamow Konin SA (2008–2024)
The table below shows the annual net assets of Zespol Elektrowni Patnow Adamow Konin SA from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł2.18 Billion | +13.81% |
| 2023-12-31 | zł1.91 Billion | +57.39% |
| 2022-12-31 | zł1.21 Billion | +131.67% |
| 2021-12-31 | zł524.23 Million | -44.79% |
| 2020-12-31 | zł949.46 Million | -19.30% |
| 2019-12-31 | zł1.18 Billion | -30.27% |
| 2018-12-31 | zł1.69 Billion | -25.49% |
| 2017-12-31 | zł2.26 Billion | +5.63% |
| 2016-12-31 | zł2.14 Billion | +13.73% |
| 2015-12-31 | zł1.88 Billion | -50.66% |
| 2014-12-31 | zł3.82 Billion | +0.98% |
| 2013-12-31 | zł3.78 Billion | +7.05% |
| 2012-12-31 | zł3.53 Billion | +9.41% |
| 2011-12-31 | zł3.23 Billion | +10.12% |
| 2010-12-31 | zł2.93 Billion | +13.29% |
| 2009-12-31 | zł2.59 Billion | +35.78% |
| 2008-12-31 | zł1.91 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zespol Elektrowni Patnow Adamow Konin 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 32.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł720.76 Million | 33.16% |
| Common Stock | zł101.65 Million | 4.68% |
| Other Comprehensive Income | zł970.85 Million | 44.67% |
| Other Components | zł380.03 Million | 17.49% |
| Total Equity | zł2.17 Billion | 100.00% |
Zespol Elektrowni Patnow Adamow Konin SA Competitors by Market Cap
The table below lists competitors of Zespol Elektrowni Patnow Adamow Konin SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kudelski SA
PINK:KDCXF
|
$78.41 Million |
|
XBP Europe Holdings Inc
NASDAQ:XBP
|
$78.48 Million |
|
Frontier Lithium Inc
OTCQX:LITOF
|
$78.54 Million |
|
Softstar Entertainment
TWO:6111
|
$78.55 Million |
|
Daishin Balance No.6 Special Purpose Acquisition Co. Ltd
KQ:307750
|
$78.38 Million |
|
Girisim Elektrik Taahhut Ticaret & Sanayi AS
IS:GESAN
|
$78.34 Million |
|
Apcotex Industries Limited
NSE:APCOTEXIND
|
$78.33 Million |
|
GDEV Inc.
NASDAQ:GDEV
|
$78.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zespol Elektrowni Patnow Adamow Konin SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,911,513,000 to 2,173,282,000, a change of 261,769,000 (13.7%).
- Net income of 262,928,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 112,320,999.
- Other factors decreased equity by 113,479,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł262.93 Million | +12.1% |
| Other Comprehensive Income | zł112.32 Million | +5.17% |
| Other Changes | zł-113.48 Million | -5.22% |
| Total Change | zł- | 13.69% |
Book Value vs Market Value Analysis
This analysis compares Zespol Elektrowni Patnow Adamow Konin 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: 0.44x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | zł49.76 | zł18.84 | x |
| 2010-12-31 | zł56.37 | zł18.84 | x |
| 2011-12-31 | zł62.07 | zł18.84 | x |
| 2012-12-31 | zł68.05 | zł18.84 | x |
| 2013-12-31 | zł74.43 | zł18.84 | x |
| 2014-12-31 | zł75.16 | zł18.84 | x |
| 2015-12-31 | zł37.09 | zł18.84 | x |
| 2016-12-31 | zł42.18 | zł18.84 | x |
| 2017-12-31 | zł44.55 | zł18.84 | x |
| 2018-12-31 | zł33.13 | zł18.84 | x |
| 2019-12-31 | zł23.10 | zł18.84 | x |
| 2020-12-31 | zł18.72 | zł18.84 | x |
| 2021-12-31 | zł10.32 | zł18.84 | x |
| 2022-12-31 | zł14.24 | zł18.84 | x |
| 2023-12-31 | zł37.61 | zł18.84 | x |
| 2024-12-31 | zł42.76 | zł18.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zespol Elektrowni Patnow Adamow Konin 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): 12.10%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.03%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.77x
- Recent ROE (12.10%) is above the historical average (-5.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 26.56% | 25.48% | 0.52x | 2.00x | zł428.57 Million |
| 2010 | 11.42% | 13.68% | 0.47x | 1.76x | zł41.54 Million |
| 2011 | 9.81% | 11.79% | 0.50x | 1.65x | zł-6.00 Million |
| 2012 | 10.78% | 14.10% | 0.43x | 1.77x | zł27.42 Million |
| 2013 | 5.74% | 7.85% | 0.43x | 1.71x | zł-161.32 Million |
| 2014 | 2.15% | 3.06% | 0.39x | 1.80x | zł-299.99 Million |
| 2015 | -99.80% | -63.81% | 0.59x | 2.64x | zł-2.07 Billion |
| 2016 | 11.55% | 9.16% | 0.56x | 2.24x | zł33.31 Million |
| 2017 | 8.09% | 7.50% | 0.55x | 1.97x | zł-43.18 Million |
| 2018 | -27.33% | -19.97% | 0.60x | 2.30x | zł-628.58 Million |
| 2019 | -38.00% | -15.50% | 0.92x | 2.66x | zł-563.56 Million |
| 2020 | -23.38% | -10.97% | 0.70x | 3.03x | zł-317.51 Million |
| 2021 | -60.50% | -13.92% | 0.69x | 6.31x | zł-369.87 Million |
| 2022 | 28.09% | 7.42% | 0.60x | 6.27x | zł130.94 Million |
| 2023 | 38.98% | 23.99% | 0.87x | 1.88x | zł553.96 Million |
| 2024 | 12.10% | 12.03% | 0.57x | 1.77x | zł45.60 Million |
Industry Comparison
This section compares Zespol Elektrowni Patnow Adamow Konin SA's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $459,669,333
- Average return on equity (ROE) among peers: 22.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zespol Elektrowni Patnow Adamow Konin SA (ZEP) | zł2.06 Billion | 26.56% | 0.86x | $78.38 Million |
| INTER RAO Lietuva AB (IRL) | $17.46 Million | 65.61% | 2.54x | $9.37 Million |
| MDI Energia S.A. (MDI) | $27.57 Million | 0.46% | 3.66x | $1.28 Million |
| PolEnergia S.A. (PEP) | $1.33 Billion | 2.35% | 1.05x | $239.64 Million |