PNE AG (PNE3) - Net Assets

Latest as of September 2025: €160.10 Million EUR ≈ $187.17 Million USD

Based on the latest financial reports, PNE AG (PNE3) has net assets worth €160.10 Million EUR (≈ $187.17 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 (€1.29 Billion ≈ $1.51 Billion USD) and total liabilities (€1.13 Billion ≈ $1.32 Billion 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 PNE3 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of PNE AG for the complete picture of this company's asset base.

Annual Net Assets for PNE AG (1998–2024)

The table below shows the annual net assets of PNE AG from 1998 to 2024. For live valuation and market cap data, see PNE AG market capitalisation.

Year Net Assets Change
2024-12-31 €194.70 Million
≈ $227.62 Million		 -6.46%
2023-12-31 €208.15 Million
≈ $243.34 Million		 -10.34%
2022-12-31 €232.16 Million
≈ $271.42 Million		 +4.67%
2021-12-31 €221.79 Million
≈ $259.30 Million		 +10.59%
2020-12-31 €200.56 Million
≈ $234.48 Million		 -8.84%
2019-12-31 €220.01 Million
≈ $257.22 Million		 +1.73%
2018-12-31 €216.27 Million
≈ $252.85 Million		 -8.05%
2017-12-31 €235.22 Million
≈ $275.00 Million		 +2.54%
2016-12-31 €229.39 Million
≈ $268.18 Million		 +38.25%
2015-12-31 €165.93 Million
≈ $193.99 Million		 +3.58%
2014-12-31 €160.19 Million
≈ $187.28 Million		 +6.36%
2013-12-31 €150.61 Million
≈ $176.08 Million		 +73.92%
2012-12-31 €86.59 Million
≈ $101.24 Million		 +15.92%
2011-12-31 €74.70 Million
≈ $87.33 Million		 -8.55%
2010-12-31 €81.69 Million
≈ $95.50 Million		 +15.86%
2009-12-31 €70.51 Million
≈ $82.43 Million		 +29.04%
2008-12-31 €54.64 Million
≈ $63.88 Million		 +38.37%
2007-12-31 €39.49 Million
≈ $46.17 Million		 +167.64%
2006-12-31 €14.75 Million
≈ $17.25 Million		 +523.97%
2005-12-31 €-3.48 Million
≈ $-4.07 Million		 -116.34%
2004-12-31 €21.29 Million
≈ $24.89 Million		 -88.43%
2003-12-31 €183.98 Million
≈ $215.09 Million		 +9.62%
2002-12-31 €167.84 Million
≈ $196.22 Million		 +6153.94%
2000-12-31 €2.68 Million
≈ $3.14 Million		 +1294.01%
1999-12-31 €192.51K
≈ $225.07K		 +134.00%
1998-12-31 €-566.28K
≈ $-662.04K		 --

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
Talkspace Inc
NASDAQ:TALK
 $649.77 Million
Senvest Capital Inc.
TO:SEC
 $649.84 Million
DCB Bank Limited
NSE:DCBBANK
 $649.92 Million
Doman Building Materials Group Ltd
TO:DBM
 $650.38 Million
Fujian Tendering Co. Ltd.
SHE:301136
 $649.57 Million
Mnc Land Tbk
JK:KPIG
 $649.49 Million
Invesco Municipal Opportunity Trust
NYSE:VMO
 $649.45 Million
Ovzon AB
ST:OVZON
 $649.33 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: 3.66x
  • 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 0.78x to 3.66x 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 €9.45 x
2003-12-31 €10.53 €9.45 x
2004-12-31 €1.32 €9.45 x
2005-12-31 €-0.17 €9.45 x
2006-12-31 €0.38 €9.45 x
2007-12-31 €0.85 €9.45 x
2008-12-31 €1.15 €9.45 x
2009-12-31 €1.61 €9.45 x
2010-12-31 €1.51 €9.45 x
2011-12-31 €1.63 €9.45 x
2012-12-31 €1.52 €9.45 x
2013-12-31 €2.82 €9.45 x
2014-12-31 €2.73 €9.45 x
2015-12-31 €2.20 €9.45 x
2016-12-31 €2.99 €9.45 x
2017-12-31 €3.09 €9.45 x
2018-12-31 €2.93 €9.45 x
2019-12-31 €3.12 €9.45 x
2020-12-31 €2.72 €9.45 x
2021-12-31 €3.00 €9.45 x
2022-12-31 €3.11 €9.45 x
2023-12-31 €2.77 €9.45 x
2024-12-31 €2.58 €9.45 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: $30,809,628,654
  • Average return on equity (ROE) among peers: 7.42%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
PNE AG (PNE3) €160.10 Million 0.00% 7.07x $649.60 Million
ALTEO ENERG.NYIL M.UF125 (54O) $33.85 Billion 37.80% 1.72x $218.46 Million
China Longyuan Power Group Corporation Limited (6WX) $47.79 Billion 7.43% 1.90x $2.75 Billion
TIDEWATER RENEWABLES LTD (7GZ) $155.20 Million 2.26% 1.56x $178.57 Million
Engie Brasil Energia S.A (7TE1) $6.83 Billion 29.31% 1.86x $6.35 Billion
Clearwise AG (ABO) $43.64 Million -56.14% 3.31x $100.98 Million
Carnegie Clean Energy Limited (CNM1) $19.24 Million -12.10% 0.43x $14.42 Million
CN YANGT.PWR GDR REG S/A (CYZB) $190.29 Billion 13.81% 0.73x $71.93 Billion
China Datang Corporation Renewable Power Co. Limited (DT7) $13.65 Billion -1.10% 3.40x $453.22 Million
China Datang Corporation Renewable Power Co. Limited (DT7) $15.28 Billion 7.91% 3.87x $459.07 Million
Energiekontor AG (EKT) $185.25 Million 44.98% 2.90x $554.63 Million

About PNE AG

XETRA:PNE3 Germany Utilities - Renewable
Market Cap
$846.32 Million
€723.90 Million EUR
Market Cap Rank
#11206 Global
#1259 in Germany
Share Price
€9.45
Change (1 day)
+3.28%
52-Week Range
€7.62 - €15.70
All Time High
€23.97
Categories
Companies in Germany Utilities - Renewable
About

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