View Future GrowthPolenergia 과거 순이익 실적과거 기준 점검 0/6Polenergia 의 수입은 연평균 -23.8%의 비율로 감소해 온 반면, Renewable Energy 산업은 연평균 15.2%의 비율로 증가했습니다. 매출은 연평균 4.4%의 비율로 증가해 왔습니다.핵심 정보-23.83%순이익 성장률-33.96%주당순이익(EPS) 성장률Renewable Energy 산업 성장률36.01%매출 성장률4.41%자기자본이익률-2.41%순이익률-2.73%다음 순이익 업데이트20 Aug 2026최근 과거 실적 업데이트Reported Earnings • May 25First quarter 2026 earnings released: EPS: zł0.78 (vs zł0.56 in 1Q 2025)First quarter 2026 results: EPS: zł0.78 (up from zł0.56 in 1Q 2025). Revenue: zł924.9m (down 22% from 1Q 2025). Net income: zł60.4m (up 40% from 1Q 2025). Profit margin: 6.5% (up from 3.6% in 1Q 2025). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.공시 • Feb 03+ 3 more updatesPolenergia S.A. to Report Q1, 2026 Results on May 21, 2026Polenergia S.A. announced that they will report Q1, 2026 results on May 21, 2026Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: zł1.03 (vs zł0.70 in 2Q 2023)Second quarter 2024 results: EPS: zł1.03 (up from zł0.70 in 2Q 2023). Revenue: zł913.6m (down 34% from 2Q 2023). Net income: zł79.7m (up 71% from 2Q 2023). Profit margin: 8.7% (up from 3.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • May 26First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: zł1.19b (down 19% from 1Q 2023). Net income: zł140.7m (up 17% from 1Q 2023). Profit margin: 12% (up from 8.2% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Renewable Energy industry in Germany.Reported Earnings • Mar 27Full year 2023 earnings released: EPS: zł3.85 (vs zł2.62 in FY 2022)Full year 2023 results: EPS: zł3.85 (up from zł2.62 in FY 2022). Revenue: zł5.62b (down 21% from FY 2022). Net income: zł263.6m (up 65% from FY 2022). Profit margin: 4.7% (up from 2.3% in FY 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 4.6% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.공시 • Jan 24+ 3 more updatesPolenergia S.A. to Report Fiscal Year 2023 Results on Mar 26, 2024Polenergia S.A. announced that they will report fiscal year 2023 results on Mar 26, 2024모든 업데이트 보기Recent updatesReported Earnings • May 25First quarter 2026 earnings released: EPS: zł0.78 (vs zł0.56 in 1Q 2025)First quarter 2026 results: EPS: zł0.78 (up from zł0.56 in 1Q 2025). Revenue: zł924.9m (down 22% from 1Q 2025). Net income: zł60.4m (up 40% from 1Q 2025). Profit margin: 6.5% (up from 3.6% in 1Q 2025). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.공시 • Mar 16Polenergia S.A., Annual General Meeting, Apr 08, 2026Polenergia S.A., Annual General Meeting, Apr 08, 2026, at 12:00 Central European Standard Time.공시 • Feb 03+ 3 more updatesPolenergia S.A. to Report Q1, 2026 Results on May 21, 2026Polenergia S.A. announced that they will report Q1, 2026 results on May 21, 2026공시 • Mar 28Polenergia S.A., Annual General Meeting, Apr 23, 2025Polenergia S.A., Annual General Meeting, Apr 23, 2025.Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: zł1.03 (vs zł0.70 in 2Q 2023)Second quarter 2024 results: EPS: zł1.03 (up from zł0.70 in 2Q 2023). Revenue: zł913.6m (down 34% from 2Q 2023). Net income: zł79.7m (up 71% from 2Q 2023). Profit margin: 8.7% (up from 3.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • May 26First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: zł1.19b (down 19% from 1Q 2023). Net income: zł140.7m (up 17% from 1Q 2023). Profit margin: 12% (up from 8.2% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Renewable Energy industry in Germany.공시 • May 25Polenergia S.A., Annual General Meeting, Jun 19, 2024Polenergia S.A., Annual General Meeting, Jun 19, 2024.New Risk • May 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding).Reported Earnings • Mar 27Full year 2023 earnings released: EPS: zł3.85 (vs zł2.62 in FY 2022)Full year 2023 results: EPS: zł3.85 (up from zł2.62 in FY 2022). Revenue: zł5.62b (down 21% from FY 2022). Net income: zł263.6m (up 65% from FY 2022). Profit margin: 4.7% (up from 2.3% in FY 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 4.6% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.공시 • Feb 28+ 1 more updatePolenergia S.A. Announces Executive ResignationsPolenergia's CEO Michal Michalski and deputy CEO Tomasz Kietlinski have resigned from their respective positions and the company's management board. The filing did not state a reason for the resignations. Michalski was the CEO of Polenergia since January 2019. Kietlinski was part of the management board and acted as financial director since 2020.공시 • Jan 24+ 3 more updatesPolenergia S.A. to Report Fiscal Year 2023 Results on Mar 26, 2024Polenergia S.A. announced that they will report fiscal year 2023 results on Mar 26, 2024Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: zł0.62 (vs zł0.05 loss in 3Q 2022)Third quarter 2023 results: EPS: zł0.62 (up from zł0.05 loss in 3Q 2022). Revenue: zł1.24b (down 6.3% from 3Q 2022). Net income: zł41.5m (up zł44.3m from 3Q 2022). Profit margin: 3.3% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Revenue is expected to decline by 9.0% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to grow by 10%.New Risk • Nov 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: zł0.70 (vs zł0.02 in 2Q 2022)Second quarter 2023 results: EPS: zł0.70 (up from zł0.02 in 2Q 2022). Revenue: zł1.37b (flat on 2Q 2022). Net income: zł46.5m (up zł45.3m from 2Q 2022). Profit margin: 3.4% (up from 0.1% in 2Q 2022).Reported Earnings • May 30First quarter 2023 earnings released: EPS: zł1.81 (vs zł2.41 in 1Q 2022)First quarter 2023 results: EPS: zł1.81. Revenue: zł1.47b (down 40% from 1Q 2022). Net income: zł120.8m (up 10% from 1Q 2022). Profit margin: 8.2% (up from 4.5% in 1Q 2022). The increase in margin was driven by lower expenses.공시 • Feb 03+ 2 more updatesPolenergia S.A. to Report Fiscal Year 2022 Results on Mar 30, 2023Polenergia S.A. announced that they will report fiscal year 2022 results on Mar 30, 2023Reported Earnings • Nov 25Third quarter 2022 earnings released: zł0.05 loss per share (vs zł0.86 profit in 3Q 2021)Third quarter 2022 results: zł0.05 loss per share (down from zł0.86 profit in 3Q 2021). Revenue: zł1.33b (up 101% from 3Q 2021). Net loss: zł2.78m (down 107% from profit in 3Q 2021). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Renewable Energy industry in Germany.Reported Earnings • Aug 19Second quarter 2022 earnings released: EPS: zł0.02 (vs zł5.41 in 2Q 2021)Second quarter 2022 results: EPS: zł0.02 (down from zł5.41 in 2Q 2021). Revenue: zł1.34b (up 160% from 2Q 2021). Net income: zł1.15m (down 100% from 2Q 2021). Profit margin: 0.1% (down from 48% in 2Q 2021). Over the next year, revenue is expected to shrink by 12% compared to a 12% decline forecast for the Renewable Energy industry in Germany.Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to €22.50, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 25x in the Renewable Energy industry in Europe. Total returns to shareholders of 45% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €11.88 per share.Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to €19.48, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 24x in the Renewable Energy industry in Europe. Total returns to shareholders of 25% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €8.38 per share.Reported Earnings • May 20First quarter 2022 earnings released: EPS: zł2.41 (vs zł0.75 in 1Q 2021)First quarter 2022 results: EPS: zł2.41 (up from zł0.75 in 1Q 2021). Revenue: zł2.48b (up 290% from 1Q 2021). Net income: zł109.6m (up 220% from 1Q 2021). Profit margin: 4.4% (down from 5.4% in 1Q 2021). Over the next year, revenue is expected to shrink by 39% compared to a 31% decline forecast for the industry in Germany.공시 • Apr 16Polenergia S.A., Annual General Meeting, May 11, 2022Polenergia S.A., Annual General Meeting, May 11, 2022, at 12:00 Central European Standard Time.Reported Earnings • Apr 10Full year 2021 earnings released: EPS: zł7.42 (vs zł2.39 in FY 2020)Full year 2021 results: EPS: zł7.42 (up from zł2.39 in FY 2020). Revenue: zł4.00b (up 124% from FY 2020). Net income: zł334.6m (up 208% from FY 2020). Profit margin: 8.4% (up from 6.1% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 31% compared to a 26% decline forecast for the industry in Germany.Valuation Update With 7 Day Price Move • Feb 04Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to €12.54, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 25x in the Renewable Energy industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €12.54 per share.공시 • Feb 01+ 3 more updatesPolenergia S.A. to Report Q1, 2022 Results on May 18, 2022Polenergia S.A. announced that they will report Q1, 2022 results on May 18, 2022Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS zł5.41 (vs zł0.32 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł575.3m (up 58% from 2Q 2020). Net income: zł245.8m (up zł231.2m from 2Q 2020). Profit margin: 43% (up from 4.0% in 2Q 2020). The increase in margin was primarily driven by higher revenue.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improved over the past weekAfter last week's 26% share price gain to zł22.00, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 32x in the Renewable Energy industry in Germany.Reported Earnings • Apr 02Full year 2020 earnings released: EPS zł2.43 (vs zł2.40 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: zł1.81b (down 27% from FY 2019). Net income: zł110.6m (up 1.4% from FY 2019). Profit margin: 6.1% (up from 4.4% in FY 2019). The increase in margin was driven by lower expenses.Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 21% share price gain to zł15.80, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 32x in the Renewable Energy industry in Germany.매출 및 비용 세부 내역Polenergia가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:06Y 매출, 비용 및 순이익 (PLN Millions)날짜매출순이익일반관리비연구개발비31 Mar 263,927-107291031 Dec 254,216-125293030 Sep 254,541-44315030 Jun 254,53241305031 Mar 254,311204315031 Dec 244,313301318030 Sep 244,515349286030 Jun 244,853317281031 Mar 245,321283270031 Dec 235,602264268030 Sep 236,039261259030 Jun 236,118216257031 Mar 236,101171248031 Dec 227,069160241030 Sep 226,410124195030 Jun 225,746165161031 Mar 224,902410121031 Dec 213,09633578030 Sep 212,28134768030 Jun 212,11632452031 Mar 211,9659351031 Dec 201,78510949030 Sep 201,93311546030 Jun 202,03912842031 Mar 202,24512240031 Dec 192,49110939030 Sep 192,5759139030 Jun 192,9588640031 Mar 193,2164043031 Dec 183,262342030 Sep 183,312-1743030 Jun 182,994-12641031 Mar 182,799-8937031 Dec 172,762-8836030 Sep 172,851-12232030 Jun 172,973-8530031 Mar 172,984-14633031 Dec 162,997-11234030 Sep 162,896-5937030 Jun 162,784640031 Mar 162,8177736031 Dec 152,7726735030 Sep 152,6776933030 Jun 152,21561300양질의 수익: 06Y 은(는) 현재 수익성이 없습니다.이익 마진 증가: 06Y는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 06Y은 수익성이 없으며 지난 5년 동안 손실이 연평균 23.8% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 06Y의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 06Y은 수익성이 없어 지난 해 수익 성장률을 Renewable Energy 업계(-3%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 06Y는 현재 수익성이 없으므로 자본 수익률이 음수(-2.41%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YUtilities 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/17 11:30종가2026/06/17 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Polenergia S.A.는 5명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Lukasz ProkopiukDom Maklerski Banku Ochrony Srodowiska S.A.Pawel PuchalskiErste Bank Polska S.A.Petr BartekErste Group Bank AG2명의 분석가 더 보기
Reported Earnings • May 25First quarter 2026 earnings released: EPS: zł0.78 (vs zł0.56 in 1Q 2025)First quarter 2026 results: EPS: zł0.78 (up from zł0.56 in 1Q 2025). Revenue: zł924.9m (down 22% from 1Q 2025). Net income: zł60.4m (up 40% from 1Q 2025). Profit margin: 6.5% (up from 3.6% in 1Q 2025). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
공시 • Feb 03+ 3 more updatesPolenergia S.A. to Report Q1, 2026 Results on May 21, 2026Polenergia S.A. announced that they will report Q1, 2026 results on May 21, 2026
Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: zł1.03 (vs zł0.70 in 2Q 2023)Second quarter 2024 results: EPS: zł1.03 (up from zł0.70 in 2Q 2023). Revenue: zł913.6m (down 34% from 2Q 2023). Net income: zł79.7m (up 71% from 2Q 2023). Profit margin: 8.7% (up from 3.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • May 26First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: zł1.19b (down 19% from 1Q 2023). Net income: zł140.7m (up 17% from 1Q 2023). Profit margin: 12% (up from 8.2% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Renewable Energy industry in Germany.
Reported Earnings • Mar 27Full year 2023 earnings released: EPS: zł3.85 (vs zł2.62 in FY 2022)Full year 2023 results: EPS: zł3.85 (up from zł2.62 in FY 2022). Revenue: zł5.62b (down 21% from FY 2022). Net income: zł263.6m (up 65% from FY 2022). Profit margin: 4.7% (up from 2.3% in FY 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 4.6% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
공시 • Jan 24+ 3 more updatesPolenergia S.A. to Report Fiscal Year 2023 Results on Mar 26, 2024Polenergia S.A. announced that they will report fiscal year 2023 results on Mar 26, 2024
Reported Earnings • May 25First quarter 2026 earnings released: EPS: zł0.78 (vs zł0.56 in 1Q 2025)First quarter 2026 results: EPS: zł0.78 (up from zł0.56 in 1Q 2025). Revenue: zł924.9m (down 22% from 1Q 2025). Net income: zł60.4m (up 40% from 1Q 2025). Profit margin: 6.5% (up from 3.6% in 1Q 2025). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
공시 • Mar 16Polenergia S.A., Annual General Meeting, Apr 08, 2026Polenergia S.A., Annual General Meeting, Apr 08, 2026, at 12:00 Central European Standard Time.
공시 • Feb 03+ 3 more updatesPolenergia S.A. to Report Q1, 2026 Results on May 21, 2026Polenergia S.A. announced that they will report Q1, 2026 results on May 21, 2026
공시 • Mar 28Polenergia S.A., Annual General Meeting, Apr 23, 2025Polenergia S.A., Annual General Meeting, Apr 23, 2025.
Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: zł1.03 (vs zł0.70 in 2Q 2023)Second quarter 2024 results: EPS: zł1.03 (up from zł0.70 in 2Q 2023). Revenue: zł913.6m (down 34% from 2Q 2023). Net income: zł79.7m (up 71% from 2Q 2023). Profit margin: 8.7% (up from 3.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.1% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • May 26First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: zł1.19b (down 19% from 1Q 2023). Net income: zł140.7m (up 17% from 1Q 2023). Profit margin: 12% (up from 8.2% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Renewable Energy industry in Germany.
공시 • May 25Polenergia S.A., Annual General Meeting, Jun 19, 2024Polenergia S.A., Annual General Meeting, Jun 19, 2024.
New Risk • May 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding).
Reported Earnings • Mar 27Full year 2023 earnings released: EPS: zł3.85 (vs zł2.62 in FY 2022)Full year 2023 results: EPS: zł3.85 (up from zł2.62 in FY 2022). Revenue: zł5.62b (down 21% from FY 2022). Net income: zł263.6m (up 65% from FY 2022). Profit margin: 4.7% (up from 2.3% in FY 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 4.6% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
공시 • Feb 28+ 1 more updatePolenergia S.A. Announces Executive ResignationsPolenergia's CEO Michal Michalski and deputy CEO Tomasz Kietlinski have resigned from their respective positions and the company's management board. The filing did not state a reason for the resignations. Michalski was the CEO of Polenergia since January 2019. Kietlinski was part of the management board and acted as financial director since 2020.
공시 • Jan 24+ 3 more updatesPolenergia S.A. to Report Fiscal Year 2023 Results on Mar 26, 2024Polenergia S.A. announced that they will report fiscal year 2023 results on Mar 26, 2024
Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: zł0.62 (vs zł0.05 loss in 3Q 2022)Third quarter 2023 results: EPS: zł0.62 (up from zł0.05 loss in 3Q 2022). Revenue: zł1.24b (down 6.3% from 3Q 2022). Net income: zł41.5m (up zł44.3m from 3Q 2022). Profit margin: 3.3% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Revenue is expected to decline by 9.0% p.a. on average during the next 3 years, while revenues in the Renewable Energy industry in Germany are expected to grow by 10%.
New Risk • Nov 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: zł0.70 (vs zł0.02 in 2Q 2022)Second quarter 2023 results: EPS: zł0.70 (up from zł0.02 in 2Q 2022). Revenue: zł1.37b (flat on 2Q 2022). Net income: zł46.5m (up zł45.3m from 2Q 2022). Profit margin: 3.4% (up from 0.1% in 2Q 2022).
Reported Earnings • May 30First quarter 2023 earnings released: EPS: zł1.81 (vs zł2.41 in 1Q 2022)First quarter 2023 results: EPS: zł1.81. Revenue: zł1.47b (down 40% from 1Q 2022). Net income: zł120.8m (up 10% from 1Q 2022). Profit margin: 8.2% (up from 4.5% in 1Q 2022). The increase in margin was driven by lower expenses.
공시 • Feb 03+ 2 more updatesPolenergia S.A. to Report Fiscal Year 2022 Results on Mar 30, 2023Polenergia S.A. announced that they will report fiscal year 2022 results on Mar 30, 2023
Reported Earnings • Nov 25Third quarter 2022 earnings released: zł0.05 loss per share (vs zł0.86 profit in 3Q 2021)Third quarter 2022 results: zł0.05 loss per share (down from zł0.86 profit in 3Q 2021). Revenue: zł1.33b (up 101% from 3Q 2021). Net loss: zł2.78m (down 107% from profit in 3Q 2021). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Renewable Energy industry in Germany.
Reported Earnings • Aug 19Second quarter 2022 earnings released: EPS: zł0.02 (vs zł5.41 in 2Q 2021)Second quarter 2022 results: EPS: zł0.02 (down from zł5.41 in 2Q 2021). Revenue: zł1.34b (up 160% from 2Q 2021). Net income: zł1.15m (down 100% from 2Q 2021). Profit margin: 0.1% (down from 48% in 2Q 2021). Over the next year, revenue is expected to shrink by 12% compared to a 12% decline forecast for the Renewable Energy industry in Germany.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to €22.50, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 25x in the Renewable Energy industry in Europe. Total returns to shareholders of 45% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €11.88 per share.
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to €19.48, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 24x in the Renewable Energy industry in Europe. Total returns to shareholders of 25% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €8.38 per share.
Reported Earnings • May 20First quarter 2022 earnings released: EPS: zł2.41 (vs zł0.75 in 1Q 2021)First quarter 2022 results: EPS: zł2.41 (up from zł0.75 in 1Q 2021). Revenue: zł2.48b (up 290% from 1Q 2021). Net income: zł109.6m (up 220% from 1Q 2021). Profit margin: 4.4% (down from 5.4% in 1Q 2021). Over the next year, revenue is expected to shrink by 39% compared to a 31% decline forecast for the industry in Germany.
공시 • Apr 16Polenergia S.A., Annual General Meeting, May 11, 2022Polenergia S.A., Annual General Meeting, May 11, 2022, at 12:00 Central European Standard Time.
Reported Earnings • Apr 10Full year 2021 earnings released: EPS: zł7.42 (vs zł2.39 in FY 2020)Full year 2021 results: EPS: zł7.42 (up from zł2.39 in FY 2020). Revenue: zł4.00b (up 124% from FY 2020). Net income: zł334.6m (up 208% from FY 2020). Profit margin: 8.4% (up from 6.1% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 31% compared to a 26% decline forecast for the industry in Germany.
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to €12.54, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 25x in the Renewable Energy industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €12.54 per share.
공시 • Feb 01+ 3 more updatesPolenergia S.A. to Report Q1, 2022 Results on May 18, 2022Polenergia S.A. announced that they will report Q1, 2022 results on May 18, 2022
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS zł5.41 (vs zł0.32 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł575.3m (up 58% from 2Q 2020). Net income: zł245.8m (up zł231.2m from 2Q 2020). Profit margin: 43% (up from 4.0% in 2Q 2020). The increase in margin was primarily driven by higher revenue.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improved over the past weekAfter last week's 26% share price gain to zł22.00, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 32x in the Renewable Energy industry in Germany.
Reported Earnings • Apr 02Full year 2020 earnings released: EPS zł2.43 (vs zł2.40 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: zł1.81b (down 27% from FY 2019). Net income: zł110.6m (up 1.4% from FY 2019). Profit margin: 6.1% (up from 4.4% in FY 2019). The increase in margin was driven by lower expenses.
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 21% share price gain to zł15.80, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 32x in the Renewable Energy industry in Germany.