Page: Company Financials
Polynet Public Company Limited
$6.90
-0.10 (-1.43%)
As of: 2026-01-29
Master Data Export
Enterprise Value
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Stock Price | 6.90 | 8.84 | 9.95 | 8.15 | 6.80 |
| Market Capitalization | 3,105.00M | 3,976.87M | 4,477.50M | 3,463.50M | 3,060.00M |
| (-) Cash & Equivalents | 147.11M | 256.01M | 274.83M | 107.90M | 5.55M |
| (+) Total Debt | 40.13M | 63.61M | 138.79M | 232.12M | 184.57M |
| Enterprise Value | 2,998.01M | 3,784.47M | 4,341.46M | 3,587.71M | 3,239.03M |
Income Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,195M | 969M | 1,024M | 961M | 1,082M | 786M | 523M | 581M | 676M |
| Cost of Revenue | 817M | 685M | 718M | 729M | 813M | 564M | 422M | 486M | 529M |
| Gross Profit | 378M | 284M | 306M | 232M | 269M | 222M | 100M | 95M | 147M |
| Gross Profit Margin | 31.6% | 29.3% | 29.9% | 24.1% | 24.9% | 28.3% | 19.2% | 16.3% | 21.8% |
| R&D Expenses | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 85M | 78M | 81M | 78M | 78M | 69M | 62M | 64M | 70M |
| Operating Expenses | 83M | 135M | 80M | 81M | 77M | 66M | 58M | 64M | 71M |
| Operating Income (EBIT) | 295M | 149M | 226M | 151M | 192M | 156M | 42M | 31M | 76M |
| Operating Income Margin | 24.7% | 15.3% | 22.0% | 15.7% | 17.7% | 19.9% | 8.1% | 5.4% | 11.2% |
| Interest Income | 4M | 1M | 4M | 2M | 0M | 0M | 0M | 0M | 18M |
| Interest Expense | 3M | 3M | 4M | 9M | 24M | 14M | 11M | 15M | 0M |
| Net Interest Income | 1M | -2M | 0M | -7M | -24M | -14M | -11M | -15M | 18M |
| Unusual Items | -3M | 122M | 0M | 61M | 25M | -1M | -5M | 1M | -36M |
| EBT Excluding Unusual Items | 296M | 147M | 226M | 144M | 168M | 142M | 31M | 16M | 94M |
| Pre-Tax Income | 293M | 269M | 226M | 205M | 193M | 141M | 26M | 17M | 58M |
| Pre-Tax Margin | 24.5% | 27.8% | 22.1% | 21.3% | 17.8% | 18.0% | 4.9% | 2.9% | 8.5% |
| Income Tax Expense | 27M | 24M | 12M | 30M | 31M | 20M | 4M | 4M | 12M |
| Net Income | 265M | 245M | 214M | 175M | 162M | 121M | 22M | 13M | 45M |
| Net Income Margin | 22.2% | 25.3% | 20.9% | 18.2% | 14.9% | 15.4% | 4.2% | 2.3% | 6.7% |
| Depreciation & Amortization | 99M | 103M | 102M | 104M | 95M | 83M | 82M | 78M | 74M |
| EBITDA | 394M | 251M | 328M | 255M | 287M | 239M | 124M | 109M | 149M |
| EBITDA Margin | 33.0% | 25.9% | 32.0% | 26.5% | 26.5% | 30.4% | 23.8% | 18.8% | 22.1% |
| NOPAT | 267M | 136M | 214M | 129M | 161M | 134M | 36M | 25M | 60M |
| NOPAT Margin | 22.3% | 14.0% | 20.9% | 13.4% | 14.9% | 17.0% | 6.9% | 4.2% | 8.8% |
| Owner's Earnings | 238M | 270M | 221M | 150M | 198M | 87M | 15M | 10M | 33M |
| Owner's Earnings Margin | 19.9% | 27.8% | 21.6% | 15.6% | 18.3% | 11.1% | 2.8% | 1.6% | 4.8% |
| EPS (Basic) | 0.59 | 0.55 | 0.48 | 0.39 | 0.47 | 0.27 | 0.05 | 0.03 | 0.14 |
| EPS (Diluted) | 0.59 | 0.55 | 0.48 | 0.39 | 0.47 | 0.27 | 0.05 | 0.03 | 0.14 |
| Shares (Basic) | 450M | 450M | 450M | 450M | 346M | 450M | 450M | 450M | 330M |
| Shares (Diluted) | 450M | 450M | 450M | 450M | 346M | 450M | 450M | 450M | 330M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 74.00M | 162.45M | 254.38M | 191.95M | 409.97M | 11.09M | 16.98M | 7.28M | 25.60M |
| Short-Term Investments | 151.46M | 150.37M | 50.00M | 100.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Cash & Short-Term Investments | 225.46M | 312.83M | 304.38M | 291.95M | 409.97M | 11.09M | 16.98M | 7.28M | 25.60M |
| Net Receivables | 223.62M | 194.77M | 209.60M | 240.89M | 225.49M | 137.15M | 82.68M | 64.39M | 79.10M |
| Inventory | 74.40M | 71.72M | 59.94M | 51.26M | 63.76M | 57.65M | 38.17M | 40.56M | 58.51M |
| Other Current Assets | 1.55M | 1.96M | 0.97M | 1.77M | 5.54M | 5.74M | 0.00M | 0.00M | 7.38M |
| Total Current Assets | 525.03M | 581.28M | 574.90M | 585.87M | 704.76M | 211.64M | 137.83M | 112.23M | 170.58M |
| Property, Plant & Equipment | 946.98M | 954.92M | 927.80M | 970.70M | 969.05M | 912.76M | 796.86M | 775.43M | 732.11M |
| Goodwill | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Intangible Assets | 3.29M | 3.54M | 4.00M | 4.92M | 4.52M | 4.49M | 5.17M | 6.01M | 6.78M |
| Long-Term Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.60M | 0.60M | 0.60M | 0.00M |
| Tax Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -0.60M | -0.60M | 0.00M | 0.00M |
| Other Non-Current Assets | 7.03M | 0.03M | 0.94M | 2.55M | 12.45M | 3.15M | 2.22M | 0.95M | 0.62M |
| Other Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 957.31M | 958.49M | 932.74M | 978.17M | 986.01M | 920.40M | 804.25M | 783.00M | 739.51M |
| Total Assets | 1,482.34M | 1,539.77M | 1,507.63M | 1,564.04M | 1,690.78M | 1,132.04M | 942.08M | 895.23M | 910.09M |
| Accounts Payable | 88.55M | 91.24M | 86.63M | 66.44M | 94.13M | 64.67M | 54.84M | 51.04M | 47.08M |
| Short-Term Debt | 1.28M | 1.27M | 1.23M | 1.87M | 73.47M | 91.59M | 131.86M | 177.47M | 156.23M |
| Tax Payables | 9.47M | 12.88M | 5.56M | 24.50M | 3.23M | 14.46M | 0.49M | 1.74M | 0.00M |
| Deferred Revenue | 9.38M | 11.31M | 12.48M | 0.39M | 1.11M | 29.15M | 6.80M | 6.87M | 0.00M |
| Other Current Liabilities | 6.72M | 1.15M | 3.12M | 2.63M | 3.96M | 2.21M | 1.78M | 21.85M | 79.69M |
| Total Current Liabilities | 115.41M | 117.85M | 109.01M | 95.83M | 175.91M | 202.07M | 195.78M | 258.98M | 283.00M |
| Long-Term Debt | 0.44M | 0.77M | 1.41M | 3.35M | 124.55M | 180.77M | 172.77M | 125.33M | 167.36M |
| Capital Lease Obligations | 31.94M | 38.04M | 50.39M | 79.82M | 101.75M | 96.79M | 56.13M | 39.79M | 50.59M |
| Deferred Tax Liabilities | 0.00M | 0.00M | 0.00M | 0.00M | 30.46M | 22.97M | 22.15M | 20.36M | 0.00M |
| Other Non-Current Liabilities | 39.44M | 39.38M | 37.20M | 39.43M | 39.87M | 11.86M | 32.87M | 32.82M | 34.63M |
| Total Non-Current Liabilities | 71.82M | 78.20M | 89.00M | 122.60M | 296.64M | 312.39M | 283.92M | 218.30M | 252.58M |
| Total Liabilities | 187.24M | 196.05M | 198.02M | 218.44M | 472.55M | 514.46M | 479.70M | 477.28M | 535.58M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock | 450.00M | 450.00M | 450.00M | 450.00M | 450.00M | 330.00M | 330.00M | 330.00M | 330.00M |
| Retained Earnings | 85.53M | 130.98M | 117.75M | 135.41M | 48.02M | 246.96M | 126.03M | 100.34M | 95.10M |
| Accumulated OCI | 51.45M | 51.45M | 51.45M | 40.45M | 29.25M | 10.26M | 10.26M | 10.26M | -3.90M |
| Minority Interest | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Shareholders’ Equity | 586.98M | 632.43M | 619.20M | 625.87M | 527.27M | 587.22M | 466.29M | 440.59M | 421.20M |
| Total Equity | 586.98M | 632.43M | 619.20M | 625.87M | 527.27M | 587.22M | 466.29M | 440.59M | 421.20M |
| Total Liabilities & Equity | 774.22M | 828.48M | 817.22M | 844.30M | 999.82M | 1,101.68M | 945.99M | 917.87M | 956.78M |
| Tangible Assets | 1,479.05M | 1,536.23M | 1,503.63M | 1,559.12M | 1,686.26M | 1,127.56M | 936.91M | 889.22M | 903.31M |
| Tangible Equity | 583.69M | 628.89M | 615.20M | 620.95M | 522.76M | 582.73M | 461.12M | 434.58M | 414.42M |
| Tangible Book Value | 583.69M | 628.89M | 615.20M | 620.95M | 522.76M | 582.73M | 461.12M | 434.58M | 414.42M |
| Total Investments | 151.46M | 150.37M | 50.00M | 100.00M | 0.00M | 0.60M | 0.60M | 0.60M | 0.00M |
| Net Debt | -72.27M | -160.42M | -251.73M | -186.73M | -211.95M | 261.27M | 287.65M | 295.52M | 297.99M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Working Capital | 355.3M | 405.2M | 427.4M | 418.0M | 454.7M | -50.8M | -106.6M | -140.6M | -112.4M |
| Total Capital | 1,296.7M | 1,348.5M | 1,348.2M | 1,386.9M | 1,503.1M | 956.4M | 827.0M | 787.1M | 748.7M |
| Capital Employed | 1,312.6M | 1,363.7M | 1,360.1M | 1,396.2M | 1,440.7M | 869.6M | 697.7M | 642.4M | 627.1M |
| Invested Capital | 1,222.7M | 1,186.1M | 1,093.9M | 1,195.0M | 1,093.1M | 945.3M | 810.1M | 779.8M | 723.1M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | 292.90M | 265.15M | 226.17M | 205.06M | 192.75M | 141.20M | 25.64M | 13.14M | 45.48M |
| Depreciation & Amortization | 99.35M | 102.70M | 101.98M | 103.73M | 95.19M | 83.08M | 82.24M | 77.93M | 73.55M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | -42.63M | 65.33M | 63.27M | 47.25M | -126.43M | -48.99M | -12.73M | 32.98M | 2.58M |
| Accounts Receivable | -63.37M | 84.21M | 31.95M | 53.83M | -87.40M | -29.49M | -13.45M | 12.16M | 17.56M |
| Inventory | -2.96M | -12.64M | -9.08M | 14.26M | -3.62M | -25.61M | -2.47M | 17.64M | -13.77M |
| Accounts Payable | 24.94M | -25.19M | 25.41M | -22.57M | -9.05M | 13.22M | 2.84M | 1.32M | 0.00M |
| Other Working Capital | -1.46M | 18.95M | 14.98M | 1.73M | -26.36M | -7.12M | 0.35M | 1.85M | -1.20M |
| Other Non-Cash Items | -14.42M | -119.80M | -28.96M | -47.91M | -10.70M | 14.78M | 13.36M | 145.18M | 0.29M |
| Net Cash from Operating Activities | 335.19M | 354.98M | 362.46M | 308.13M | 150.81M | 190.07M | 108.52M | 144.49M | 121.91M |
| Capital Expenditures (PPE) | -127.16M | -78.44M | -94.62M | -127.29M | -58.72M | -116.84M | -89.25M | -81.55M | -86.35M |
| Acquisitions (Net) | 0.11M | 0.04M | 0.00M | 0.00M | 0.61M | 1.47M | 4.65M | 3.50M | 0.00M |
| Purchases of Investments | -101.46M | 0.00M | 0.00M | -100.00M | -1.21M | 0.00M | 0.00M | 0.00M | 0.00M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 50.00M | 0.00M | 0.60M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Investing Activities | 0.60M | 50.27M | 0.59M | -0.07M | 1.21M | 1.35M | 4.57M | 3.45M | 9.15M |
| Net Cash from Investing Activities | -227.91M | -28.13M | -44.03M | -227.36M | -57.51M | -115.37M | -84.61M | -78.05M | -77.20M |
| Net Debt Issuance | -25.83M | -25.99M | -31.90M | -213.18M | -119.38M | -66.03M | -8.16M | 0.00M | 0.00M |
| Long-Term Debt Issuance | -25.83M | -34.85M | -31.90M | -213.18M | -108.38M | -1.03M | 36.84M | 0.00M | 0.00M |
| Short-Term Debt Issuance | 0.00M | 8.86M | 0.00M | 0.00M | -11.00M | -65.00M | -45.00M | 0.00M | 0.00M |
| Net Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 816.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 816.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Repurchased | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Preferred Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | -234.00M | -220.50M | -220.50M | -76.45M | -342.07M | 0.00M | 0.00M | -42.90M | 0.00M |
| Common Dividends Paid | -234.00M | -220.50M | -220.50M | -76.45M | -342.07M | 0.00M | 0.00M | -42.90M | 0.00M |
| Preferred Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | -2.55M | -10.88M | -3.61M | -9.17M | -48.96M | -14.55M | -6.06M | -41.86M | -47.24M |
| Net Cash from Financing Activities | -262.38M | -257.37M | -256.01M | -298.80M | 305.58M | -80.58M | -14.21M | -84.76M | -47.24M |
| Effect of FX on Cash | -7.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Change in Cash | -162.10M | 69.48M | 62.43M | -218.02M | 398.88M | -5.88M | 9.70M | -18.32M | -2.53M |
| Cash at Beginning of Period | 857.82M | 892.14M | 191.95M | 409.97M | 11.09M | 16.98M | 7.28M | 25.60M | 28.13M |
| Cash at End of Period | 695.72M | 961.61M | 254.38M | 191.95M | 409.97M | 11.09M | 16.98M | 7.28M | 25.60M |
| Operating Cash Flow | 335.19M | 354.98M | 362.46M | 308.13M | 150.81M | 190.07M | 108.52M | 144.49M | 121.91M |
| Capital Expenditure | -127.19M | -78.47M | -94.62M | -128.72M | -58.72M | -116.84M | -89.25M | -81.55M | -86.35M |
| Free Cash Flow | 207.99M | 276.51M | 267.76M | 179.42M | 92.09M | 73.23M | 19.26M | 62.94M | 35.55M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 392.14M | 308.24M | 326.49M | 257.66M | 286.32M | 235.90M | 121.07M | 109.13M | 150.51M |
| (-) Tax Adjustment | 36.80M | 27.27M | 17.44M | 37.71M | 46.15M | 33.86M | 18.17M | 23.08M | 31.90M |
| (-) Change In Working Capital | -42.63M | 65.33M | 63.27M | 47.25M | -126.43M | -48.99M | -12.73M | 32.98M | 2.58M |
| (-) Capital Expenditure | -127.19M | -78.47M | -94.62M | -128.72M | -58.72M | -116.84M | -89.25M | -81.55M | -86.35M |
| Unlevered Free Cash Flow | 270.79M | 137.17M | 151.16M | 43.98M | 307.88M | 134.20M | 26.37M | -28.48M | 29.68M |
| (-) Net Interest Income After Taxes | 1.31M | -1.70M | 0.37M | -5.99M | -20.00M | -12.08M | -9.66M | -12.01M | 14.35M |
| Net Debt Issuance | -25.83M | -25.99M | -31.90M | -213.18M | -119.38M | -66.03M | -8.16M | 0.00M | 0.00M |
| Levered Free Cash Flow | 243.65M | 112.88M | 118.90M | -163.21M | 208.50M | 80.25M | 27.87M | -16.47M | 15.33M |