PNE AG
PNE AG engages in the planning, construction, and operation of wind farms and transformer stations in Germany and internationally. The company operates in three segments: Project Development, Power Generation, and Service Products. It is involved in the development and sale of onshore and offshore wind energy; photovoltaics (PV), providing hybrid solutions for wind, PV, battery, and hydrogen stor… Read more
PNE AG (PNE3) - Net Assets
Latest net assets as of September 2025: €160.10 Million EUR
Based on the latest financial reports, PNE AG (PNE3) has net assets worth €160.10 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.29 Billion) and total liabilities (€1.13 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 | €160.10 Million |
| % of Total Assets | 12.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | -2.92% |
| 10-Year Change | 17.34% |
| Growth Volatility | 1269.74 |
PNE AG - Net Assets Trend (1998–2024)
This chart illustrates how PNE AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PNE AG (1998–2024)
The table below shows the annual net assets of PNE AG from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €194.70 Million | -6.46% |
| 2023-12-31 | €208.15 Million | -10.34% |
| 2022-12-31 | €232.16 Million | +4.67% |
| 2021-12-31 | €221.79 Million | +10.59% |
| 2020-12-31 | €200.56 Million | -8.84% |
| 2019-12-31 | €220.01 Million | +1.73% |
| 2018-12-31 | €216.27 Million | -8.05% |
| 2017-12-31 | €235.22 Million | +2.54% |
| 2016-12-31 | €229.39 Million | +38.25% |
| 2015-12-31 | €165.93 Million | +3.58% |
| 2014-12-31 | €160.19 Million | +6.36% |
| 2013-12-31 | €150.61 Million | +73.92% |
| 2012-12-31 | €86.59 Million | +15.92% |
| 2011-12-31 | €74.70 Million | -8.55% |
| 2010-12-31 | €81.69 Million | +15.86% |
| 2009-12-31 | €70.51 Million | +29.04% |
| 2008-12-31 | €54.64 Million | +38.37% |
| 2007-12-31 | €39.49 Million | +167.64% |
| 2006-12-31 | €14.75 Million | +523.97% |
| 2005-12-31 | €-3.48 Million | -116.34% |
| 2004-12-31 | €21.29 Million | -88.43% |
| 2003-12-31 | €183.98 Million | +9.62% |
| 2002-12-31 | €167.84 Million | +6153.94% |
| 2000-12-31 | €2.68 Million | +1294.01% |
| 1999-12-31 | €192.51K | +134.00% |
| 1998-12-31 | €-566.28K | -- |
Equity Component Analysis
This analysis shows how different components contribute to PNE AG'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 4984945000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €45.50 Million | 23.04% |
| Common Stock | €76.60 Million | 38.78% |
| Other Comprehensive Income | €-10.90 Million | -5.52% |
| Other Components | €86.30 Million | 43.70% |
| Total Equity | €197.50 Million | 100.00% |
PNE AG Competitors by Market Cap
The table below lists competitors of PNE AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shinry Technologies Co Ltd Class A
SHE:300745
|
$412.58 Million |
|
P10 INC. CL. A DL-001
F:AC3
|
$412.74 Million |
|
Unionman Technology Co. Ltd. A
SHG:688609
|
$412.78 Million |
|
Hubei Shuanghuan Science and Technology Stock Co Ltd
SHE:000707
|
$412.94 Million |
|
Tejas Networks Limited
NSE:TEJASNET
|
$412.26 Million |
|
Qualipoly Chemical Corp
TW:4722
|
$412.26 Million |
|
Scales Corporation Limited
F:S05
|
$411.92 Million |
|
iHeartMedia Inc Class A
NASDAQ:IHRT
|
$411.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PNE AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 211,568,000 to 197,500,000, a change of -14,068,000 (-6.6%).
- Net loss of 13,400,000 reduced equity.
- Dividend payments of 6,100,000 reduced retained earnings.
- Share repurchases of 3,600,000 reduced equity.
- New share issuances of 3,600,000 increased equity.
- Other comprehensive income increased equity by 2,015,000.
- Other factors increased equity by 3,417,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-13.40 Million | -6.78% |
| Dividends Paid | €6.10 Million | -3.09% |
| Share Repurchases | €3.60 Million | -1.82% |
| Share Issuances | €3.60 Million | +1.82% |
| Other Comprehensive Income | €2.02 Million | +1.02% |
| Other Changes | €3.42 Million | +1.73% |
| Total Change | €- | -6.65% |
Book Value vs Market Value Analysis
This analysis compares PNE AG'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: 3.16x
- 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 increased from 0.67x to 3.16x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €12.10 | €8.16 | x |
| 2003-12-31 | €10.53 | €8.16 | x |
| 2004-12-31 | €1.32 | €8.16 | x |
| 2005-12-31 | €-0.17 | €8.16 | x |
| 2006-12-31 | €0.38 | €8.16 | x |
| 2007-12-31 | €0.85 | €8.16 | x |
| 2008-12-31 | €1.15 | €8.16 | x |
| 2009-12-31 | €1.61 | €8.16 | x |
| 2010-12-31 | €1.51 | €8.16 | x |
| 2011-12-31 | €1.63 | €8.16 | x |
| 2012-12-31 | €1.52 | €8.16 | x |
| 2013-12-31 | €2.82 | €8.16 | x |
| 2014-12-31 | €2.73 | €8.16 | x |
| 2015-12-31 | €2.20 | €8.16 | x |
| 2016-12-31 | €2.99 | €8.16 | x |
| 2017-12-31 | €3.09 | €8.16 | x |
| 2018-12-31 | €2.93 | €8.16 | x |
| 2019-12-31 | €3.12 | €8.16 | x |
| 2020-12-31 | €2.72 | €8.16 | x |
| 2021-12-31 | €3.00 | €8.16 | x |
| 2022-12-31 | €3.11 | €8.16 | x |
| 2023-12-31 | €2.77 | €8.16 | x |
| 2024-12-31 | €2.58 | €8.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PNE AG 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): -6.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.37%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 6.40x
- Recent ROE (-6.78%) is above the historical average (-9.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 0.00% | -331.91% | 0.28x | 0.00x | €-561.16K |
| 1999 | 214.44% | 21.55% | 1.38x | 7.24x | €393.58K |
| 2000 | 46.24% | 18.43% | 0.59x | 4.27x | €972.57K |
| 2002 | 6.61% | 4.21% | 0.61x | 2.58x | €-5.69 Million |
| 2003 | -5.17% | -12.25% | 0.19x | 2.17x | €-27.92 Million |
| 2004 | -663.48% | -239.33% | 0.38x | 7.20x | €-144.38 Million |
| 2005 | 0.00% | -4.01% | 0.57x | 0.00x | €-2.38 Million |
| 2007 | 28.10% | 22.14% | 0.39x | 3.24x | €7.15 Million |
| 2008 | 31.20% | 22.85% | 0.28x | 4.86x | €11.59 Million |
| 2009 | 14.33% | 7.36% | 0.78x | 2.50x | €3.05 Million |
| 2010 | 9.58% | 12.04% | 0.33x | 2.43x | €-347.50K |
| 2011 | -5.12% | -8.06% | 0.25x | 2.51x | €-11.58 Million |
| 2012 | 18.95% | 20.12% | 0.46x | 2.04x | €8.02 Million |
| 2013 | 25.93% | 26.09% | 0.33x | 3.00x | €23.09 Million |
| 2014 | -8.11% | -6.15% | 0.51x | 2.60x | €-29.01 Million |
| 2015 | 2.06% | 3.17% | 0.22x | 2.89x | €-13.43 Million |
| 2016 | 29.38% | 39.04% | 0.41x | 1.84x | €45.49 Million |
| 2017 | 7.03% | 14.97% | 0.23x | 2.03x | €-7.21 Million |
| 2018 | -0.45% | -1.14% | 0.20x | 1.97x | €-24.07 Million |
| 2019 | -0.33% | -0.58% | 0.23x | 2.43x | €-24.09 Million |
| 2020 | 0.78% | 1.48% | 0.17x | 3.20x | €-19.14 Million |
| 2021 | 10.96% | 21.34% | 0.14x | 3.61x | €2.21 Million |
| 2022 | 6.27% | 11.81% | 0.14x | 3.87x | €-8.87 Million |
| 2023 | -4.54% | -7.90% | 0.11x | 5.21x | €-30.76 Million |
| 2024 | -6.78% | -6.37% | 0.17x | 6.40x | €-33.15 Million |
Industry Comparison
This section compares PNE AG's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $8,588,622,793
- Average return on equity (ROE) among peers: 6.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PNE AG (PNE3) | €160.10 Million | 0.00% | 7.07x | $412.51 Million |
| Arverne Group S.A. (5H1) | $-4.90 Million | 0.00% | 0.00x | $72.20 Million |
| 5QQ (5QQ) | $667.83 Million | -15.16% | 0.78x | $77.72 Million |
| DIGITAL GRID Corporation (6PW) | $4.23 Billion | 23.00% | 1.71x | $38.84K |
| China Longyuan Power Group Corporation Limited (6WX) | $38.13 Billion | 5.38% | 1.91x | $3.01 Billion |
| Arise AB (publ) (A4W) | $824.00 Million | 2.55% | 1.51x | $85.56 Million |
| Clearwise AG (ABO) | $37.27 Million | -10.60% | 5.24x | $13.02K |
| China Everbright Greentech Limited (CK7) | $10.59 Billion | 15.32% | 1.48x | $37.46 Million |
| China Datang Corporation Renewable Power Co. Limited (DT7) | $31.14 Billion | 5.88% | 2.18x | $509.39 Million |
| Energiekontor AG (EKT) | $123.66 Million | 36.01% | 4.12x | $267.18 Million |
| EnviTec Biogas AG (ETG) | $153.23 Million | 2.69% | 0.83x | $245.22K |