View Future GrowthECB 과거 순이익 실적과거 기준 점검 2/6ECB은 연평균 42.4%의 비율로 수입이 증가해 온 반면, Electric Utilities 산업은 수입이 38.8% 증가했습니다. 매출은 연평균 14.8%의 비율로 감소했습니다. ECB의 자기자본이익률은 19.9%이고 순이익률은 4.7%입니다.핵심 정보42.37%순이익 성장률42.37%주당순이익(EPS) 성장률Electric Utilities 산업 성장률31.60%매출 성장률-14.78%자기자본이익률19.90%순이익률4.66%다음 순이익 업데이트17 Sep 2026최근 과거 실적 업데이트분석 기사 • May 06Some Investors May Be Willing To Look Past ECB's (WSE:ECB) Soft EarningsShareholders appeared unconcerned with ECB S.A.'s ( WSE:ECB ) lackluster earnings report last week. We think that the...Reported Earnings • Dec 03Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: zł13.3m (down 37% from 3Q 2024). Net income: zł222.0k (down 99% from 3Q 2024). Profit margin: 1.7% (down from 70% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 28Second quarter 2025 earnings released: EPS: zł0.13 (vs zł2.89 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.13 (up from zł2.89 loss in 2Q 2024). Revenue: zł24.0m (up 83% from 2Q 2024). Net income: zł423.0k (up zł9.06m from 2Q 2024). Profit margin: 1.8% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth.공시 • Aug 25ECB S.A. to Report First Half, 2025 Results on Sep 26, 2025ECB S.A. announced that they will report first half, 2025 results on Sep 26, 2025Reported Earnings • May 31First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: zł25.2m (down 49% from 1Q 2024). Net income: zł1.32m (down 100% from 1Q 2024). Profit margin: 5.2% (down from 1,289% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 87% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 29Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: zł21.2m (up 259% from 3Q 2023). Net income: zł14.9m (up zł30.7m from 3Q 2023). Profit margin: 70% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.모든 업데이트 보기Recent updatesDeclared Dividend • 4hDividend increased to zł0.80Dividend of zł0.80 is 3.9% higher than last year. Ex-date: 25th August 2026 Payment date: 25th November 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (26% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • May 26ECB S.A. announces Annual dividend, payable on November 25, 2026ECB S.A. announced Annual dividend of PLN 0.8000 per share payable on November 25, 2026, ex-date on August 25, 2026 and record date on August 26, 2026.공시 • May 25ECB S.A., Annual General Meeting, Jun 17, 2026ECB S.A., Annual General Meeting, Jun 17, 2026, at 12:00 Central European Standard Time.분석 기사 • May 06Some Investors May Be Willing To Look Past ECB's (WSE:ECB) Soft EarningsShareholders appeared unconcerned with ECB S.A.'s ( WSE:ECB ) lackluster earnings report last week. We think that the...New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Polish stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). High level of non-cash earnings (180% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (zł61.2m market cap, or US$16.5m).Buy Or Sell Opportunity • Apr 07Now 44% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to zł26.00. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Mar 17Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 3.8% to zł21.80. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Mar 02Now 27% overvaluedOver the last 90 days, the stock has fallen 5.9% to zł23.00. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.New Risk • Feb 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 4.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (180% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (4.8% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (zł56.5m market cap, or US$16.0m).Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to zł23.00, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 15x in the Electric Utilities industry in Poland. Total returns to shareholders of 350% over the past three years.Buy Or Sell Opportunity • Feb 11Now 27% overvaluedOver the last 90 days, the stock has fallen 14% to zł23.00. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Jan 05Now 22% overvaluedOver the last 90 days, the stock has fallen 23% to zł21.50. The fair value is estimated to be zł17.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.분석 기사 • Dec 23A Look At The Intrinsic Value Of ECB S.A. (WSE:ECB)Key Insights ECB's estimated fair value is zł17.63 based on Dividend Discount Model ECB's zł19.80 share price indicates...Reported Earnings • Dec 03Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: zł13.3m (down 37% from 3Q 2024). Net income: zł222.0k (down 99% from 3Q 2024). Profit margin: 1.7% (down from 70% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 28Second quarter 2025 earnings released: EPS: zł0.13 (vs zł2.89 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.13 (up from zł2.89 loss in 2Q 2024). Revenue: zł24.0m (up 83% from 2Q 2024). Net income: zł423.0k (up zł9.06m from 2Q 2024). Profit margin: 1.8% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth.공시 • Aug 25ECB S.A. to Report First Half, 2025 Results on Sep 26, 2025ECB S.A. announced that they will report first half, 2025 results on Sep 26, 2025Upcoming Dividend • Aug 18Upcoming dividend of zł0.77 per shareEligible shareholders must have bought the stock before 25 August 2025. Payment date: 25 November 2025. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Polish dividend payers (7.1%). Lower than average of industry peers (4.4%).Reported Earnings • May 31First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: zł25.2m (down 49% from 1Q 2024). Net income: zł1.32m (down 100% from 1Q 2024). Profit margin: 5.2% (down from 1,289% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 87% per year, which means it is significantly lagging earnings growth.공시 • May 16EC Bedzin S.A., Annual General Meeting, Jun 11, 2025EC Bedzin S.A., Annual General Meeting, Jun 11, 2025.공시 • May 01EC Bedzin S.A. announces Annual dividend, payable on November 25, 2025EC Bedzin S.A. announced Annual dividend of PLN 0.7700 per share payable on November 25, 2025, ex-date on August 25, 2025 and record date on August 26, 2025.New Risk • Apr 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Polish stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (zł114.6m market cap, or US$30.5m).Reported Earnings • Nov 29Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: zł21.2m (up 259% from 3Q 2023). Net income: zł14.9m (up zł30.7m from 3Q 2023). Profit margin: 70% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 02Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: zł13.1m (down 79% from 2Q 2023). Net loss: zł8.64m (down 136% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Sep 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Polish stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (zł96.9m market cap, or US$25.1m).공시 • May 31EC Bedzin S.A., Annual General Meeting, Jun 26, 2024EC Bedzin S.A., Annual General Meeting, Jun 26, 2024.Reported Earnings • May 03Full year 2023 earnings releasedFull year 2023 results: Revenue: zł397.9m (up 23% from FY 2022). Net loss: zł198.9m (loss narrowed 3.3% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings.공시 • Apr 22EC Bedzin S.A. to Report Fiscal Year 2024 Results on Apr 26, 2024EC Bedzin S.A. announced that they will report fiscal year 2024 results on Apr 26, 2024분석 기사 • Apr 18EC Bedzin S.A. (WSE:BDZ) Doing What It Can To Lift SharesIt's not a stretch to say that EC Bedzin S.A.'s ( WSE:BDZ ) price-to-sales (or "P/S") ratio of 0.3x right now seems...공시 • Jan 12+ 2 more updatesEC Bedzin S.A. to Report Fiscal Year 2023 Results on Nov 29, 2024EC Bedzin S.A. announced that they will report fiscal year 2023 results on Nov 29, 2024Reported Earnings • Nov 30Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: zł6.98m (down 90% from 3Q 2022). Net loss: zł15.8m (down 133% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 60% per year, which means it is well ahead of earnings.공시 • Nov 22Grupa Altum Spólka Z Ograniczona Odpowiedzialnoscia issued letter of intent to acquire 60% stake in Elektrocieplownia BEDZIN Sp. z o.o. from EC Bedzin S.A. (WSE:BDZ).Grupa Altum Spólka Z Ograniczona Odpowiedzialnoscia issued letter of intent to acquire 60% stake in Elektrocieplownia BEDZIN Sp. z o.o. from EC Bedzin S.A. (WSE:BDZ) on November 20, 2023. EC Bedzin S.A. (WSE:BDZ) will retain minority stake in Elektrocieplownia BEDZIN Sp. z o.o. The transaction is expected to close by the year end of 2023.Reported Earnings • Oct 02Second quarter 2023 earnings released: EPS: zł7.56 (vs zł18.11 loss in 2Q 2022)Second quarter 2023 results: EPS: zł7.56 (up from zł18.11 loss in 2Q 2022). Revenue: zł86.5m (up 74% from 2Q 2022). Net income: zł23.8m (up zł80.8m from 2Q 2022). Profit margin: 28% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 91% per year, which means it is well ahead of earnings.공시 • Jun 04Elektrocieplownia Bedzin S.A., Annual General Meeting, Jun 28, 2023Elektrocieplownia Bedzin S.A., Annual General Meeting, Jun 28, 2023, at 10:30 Central European Standard Time.공시 • Jan 12+ 3 more updatesElektrocieplownia Bedzin S.A. to Report Fiscal Year 2022 Results on Apr 26, 2023Elektrocieplownia Bedzin S.A. announced that they will report fiscal year 2022 results on Apr 26, 2023Reported Earnings • Nov 26Third quarter 2022 earnings released: EPS: zł15.39 (vs zł9.54 loss in 3Q 2021)Third quarter 2022 results: EPS: zł15.39 (up from zł9.54 loss in 3Q 2021). Revenue: zł85.8m (up 96% from 3Q 2021). Net income: zł48.5m (up zł77.0m from 3Q 2021). Profit margin: 56% (up from net loss in 3Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.Reported Earnings • Sep 26Second quarter 2022 earnings released: zł18.11 loss per share (vs zł10.27 loss in 2Q 2021)Second quarter 2022 results: zł18.11 loss per share (further deteriorated from zł10.27 loss in 2Q 2021). Revenue: zł50.0m (up 30% from 2Q 2021). Net loss: zł57.0m (loss widened 86% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings.공시 • Dec 15An unknown buyer acquired 9.52% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) from Wieslaw Glanowski.An unknown buyer acquired 9.52% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) from Wieslaw Glanowski on December 14, 2021. An unknown buyer completed the acquisition of 9.52% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) from Wieslaw Glanowski on December 14, 2021.Reported Earnings • Dec 01Third quarter 2021 earnings: Revenues in line with analyst expectationsThird quarter 2021 results: Revenue: zł43.9m (up 11% from 3Q 2020). Net loss: zł28.5m (loss widened 31% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.Reported Earnings • Oct 04Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: zł41.1m (up 81% from 2Q 2020). Net loss: zł30.7m (loss widened 15% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.Reported Earnings • Oct 04Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: zł41.1m (up 81% from 2Q 2020). Net loss: zł30.7m (loss widened 15% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.공시 • Jul 15Wieslaw Glanowski acquired 9.5% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ).Wieslaw Glanowski acquired 9.5% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) on July 13, 2021. Wieslaw Glanowski completed the acquisition of 9.5% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) on July 13, 2021.Reported Earnings • Jun 05First quarter 2021 earnings released: zł4.69 loss per share (vs zł0.70 loss in 1Q 2020)The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: zł63.4m (up 27% from 1Q 2020). Net loss: zł14.0m (loss widened zł11.9m from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.Reported Earnings • May 05Full year 2020 earnings releasedThe company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: zł168.4m (down 25% from FY 2019). Net loss: zł69.6m (loss narrowed 34% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Feb 25New 90-day low: zł9.20The company is down 1.0% from its price of zł9.30 on 27 November 2020. The Polish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 8.0% over the same period.공시 • Jan 14+ 3 more updatesElektrocieplownia Bedzin S.A. to Report Q1, 2021 Results on May 28, 2021Elektrocieplownia Bedzin S.A. announced that they will report Q1, 2021 results on May 28, 2021Reported Earnings • Dec 01Third quarter 2020 earnings released: zł7.29 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: zł43.8m (down 24% from 3Q 2019). Net loss: zł21.8m (loss widened 100% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 127% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.매출 및 비용 세부 내역ECB가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이WSE:ECB 매출, 비용 및 순이익 (PLN Millions)날짜매출순이익일반관리비연구개발비31 Dec 258740030 Sep 2584314030 Jun 25921813031 Mar 2582911031 Dec 2410563913030 Sep 2415450229030 Jun 2413947144031 Mar 2418850353031 Dec 23245-19957030 Sep 23280-20549030 Jun 23345-14042031 Mar 23332-22141031 Dec 22323-20641030 Sep 22316-20140030 Jun 22289-27838031 Mar 22278-25237031 Dec 21245-21134030 Sep 21196-9233030 Jun 21192-8636031 Mar 21176-8236031 Dec 20163-7041030 Sep 20169-13743030 Jun 20187-12643031 Mar 20209-11542031 Dec 19224-10543030 Sep 19224-1942030 Jun 19219-1242031 Mar 19201237031 Dec 18205039030 Sep 18213545030 Jun 18198250031 Mar 18212554031 Dec 172051452030 Sep 171991450030 Jun 171962045031 Mar 171932048031 Dec 161901945030 Sep 161871937030 Jun 161801639031 Mar 161781740031 Dec 151651438030 Sep 151602634030 Jun 1514626310양질의 수익: ECB는 고품질 수익을 보유하고 있습니다.이익 마진 증가: ECB의 현재 순 이익률 (4.7%)은 지난해 보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: ECB는 지난 5년 동안 흑자전환하며 연평균 42.4%의 수익 성장을 기록했습니다.성장 가속화: ECB은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: ECB은 지난 1년 동안 수익이 감소(-99.4%)하여 Electric Utilities 업계 평균(18.5%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: ECB의 자본 수익률(19.9%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YUtilities 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/27 04:26종가2026/05/27 00:00수익2025/12/31연간 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 소스ECB S.A.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
분석 기사 • May 06Some Investors May Be Willing To Look Past ECB's (WSE:ECB) Soft EarningsShareholders appeared unconcerned with ECB S.A.'s ( WSE:ECB ) lackluster earnings report last week. We think that the...
Reported Earnings • Dec 03Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: zł13.3m (down 37% from 3Q 2024). Net income: zł222.0k (down 99% from 3Q 2024). Profit margin: 1.7% (down from 70% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 28Second quarter 2025 earnings released: EPS: zł0.13 (vs zł2.89 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.13 (up from zł2.89 loss in 2Q 2024). Revenue: zł24.0m (up 83% from 2Q 2024). Net income: zł423.0k (up zł9.06m from 2Q 2024). Profit margin: 1.8% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth.
공시 • Aug 25ECB S.A. to Report First Half, 2025 Results on Sep 26, 2025ECB S.A. announced that they will report first half, 2025 results on Sep 26, 2025
Reported Earnings • May 31First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: zł25.2m (down 49% from 1Q 2024). Net income: zł1.32m (down 100% from 1Q 2024). Profit margin: 5.2% (down from 1,289% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 87% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 29Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: zł21.2m (up 259% from 3Q 2023). Net income: zł14.9m (up zł30.7m from 3Q 2023). Profit margin: 70% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.
Declared Dividend • 4hDividend increased to zł0.80Dividend of zł0.80 is 3.9% higher than last year. Ex-date: 25th August 2026 Payment date: 25th November 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (26% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • May 26ECB S.A. announces Annual dividend, payable on November 25, 2026ECB S.A. announced Annual dividend of PLN 0.8000 per share payable on November 25, 2026, ex-date on August 25, 2026 and record date on August 26, 2026.
공시 • May 25ECB S.A., Annual General Meeting, Jun 17, 2026ECB S.A., Annual General Meeting, Jun 17, 2026, at 12:00 Central European Standard Time.
분석 기사 • May 06Some Investors May Be Willing To Look Past ECB's (WSE:ECB) Soft EarningsShareholders appeared unconcerned with ECB S.A.'s ( WSE:ECB ) lackluster earnings report last week. We think that the...
New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Polish stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). High level of non-cash earnings (180% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (zł61.2m market cap, or US$16.5m).
Buy Or Sell Opportunity • Apr 07Now 44% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to zł26.00. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Mar 17Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 3.8% to zł21.80. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Mar 02Now 27% overvaluedOver the last 90 days, the stock has fallen 5.9% to zł23.00. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Feb 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 4.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (180% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (4.8% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (zł56.5m market cap, or US$16.0m).
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to zł23.00, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 15x in the Electric Utilities industry in Poland. Total returns to shareholders of 350% over the past three years.
Buy Or Sell Opportunity • Feb 11Now 27% overvaluedOver the last 90 days, the stock has fallen 14% to zł23.00. The fair value is estimated to be zł18.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Jan 05Now 22% overvaluedOver the last 90 days, the stock has fallen 23% to zł21.50. The fair value is estimated to be zł17.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 49% over the last 3 years. Meanwhile, the company has become profitable.
분석 기사 • Dec 23A Look At The Intrinsic Value Of ECB S.A. (WSE:ECB)Key Insights ECB's estimated fair value is zł17.63 based on Dividend Discount Model ECB's zł19.80 share price indicates...
Reported Earnings • Dec 03Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: zł13.3m (down 37% from 3Q 2024). Net income: zł222.0k (down 99% from 3Q 2024). Profit margin: 1.7% (down from 70% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 28Second quarter 2025 earnings released: EPS: zł0.13 (vs zł2.89 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.13 (up from zł2.89 loss in 2Q 2024). Revenue: zł24.0m (up 83% from 2Q 2024). Net income: zł423.0k (up zł9.06m from 2Q 2024). Profit margin: 1.8% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth.
공시 • Aug 25ECB S.A. to Report First Half, 2025 Results on Sep 26, 2025ECB S.A. announced that they will report first half, 2025 results on Sep 26, 2025
Upcoming Dividend • Aug 18Upcoming dividend of zł0.77 per shareEligible shareholders must have bought the stock before 25 August 2025. Payment date: 25 November 2025. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Polish dividend payers (7.1%). Lower than average of industry peers (4.4%).
Reported Earnings • May 31First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: zł25.2m (down 49% from 1Q 2024). Net income: zł1.32m (down 100% from 1Q 2024). Profit margin: 5.2% (down from 1,289% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 87% per year, which means it is significantly lagging earnings growth.
공시 • May 16EC Bedzin S.A., Annual General Meeting, Jun 11, 2025EC Bedzin S.A., Annual General Meeting, Jun 11, 2025.
공시 • May 01EC Bedzin S.A. announces Annual dividend, payable on November 25, 2025EC Bedzin S.A. announced Annual dividend of PLN 0.7700 per share payable on November 25, 2025, ex-date on August 25, 2025 and record date on August 26, 2025.
New Risk • Apr 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Polish stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (zł114.6m market cap, or US$30.5m).
Reported Earnings • Nov 29Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: zł21.2m (up 259% from 3Q 2023). Net income: zł14.9m (up zł30.7m from 3Q 2023). Profit margin: 70% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 02Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: zł13.1m (down 79% from 2Q 2023). Net loss: zł8.64m (down 136% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Sep 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Polish stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (zł96.9m market cap, or US$25.1m).
공시 • May 31EC Bedzin S.A., Annual General Meeting, Jun 26, 2024EC Bedzin S.A., Annual General Meeting, Jun 26, 2024.
Reported Earnings • May 03Full year 2023 earnings releasedFull year 2023 results: Revenue: zł397.9m (up 23% from FY 2022). Net loss: zł198.9m (loss narrowed 3.3% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 61% per year, which means it is well ahead of earnings.
공시 • Apr 22EC Bedzin S.A. to Report Fiscal Year 2024 Results on Apr 26, 2024EC Bedzin S.A. announced that they will report fiscal year 2024 results on Apr 26, 2024
분석 기사 • Apr 18EC Bedzin S.A. (WSE:BDZ) Doing What It Can To Lift SharesIt's not a stretch to say that EC Bedzin S.A.'s ( WSE:BDZ ) price-to-sales (or "P/S") ratio of 0.3x right now seems...
공시 • Jan 12+ 2 more updatesEC Bedzin S.A. to Report Fiscal Year 2023 Results on Nov 29, 2024EC Bedzin S.A. announced that they will report fiscal year 2023 results on Nov 29, 2024
Reported Earnings • Nov 30Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: zł6.98m (down 90% from 3Q 2022). Net loss: zł15.8m (down 133% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 60% per year, which means it is well ahead of earnings.
공시 • Nov 22Grupa Altum Spólka Z Ograniczona Odpowiedzialnoscia issued letter of intent to acquire 60% stake in Elektrocieplownia BEDZIN Sp. z o.o. from EC Bedzin S.A. (WSE:BDZ).Grupa Altum Spólka Z Ograniczona Odpowiedzialnoscia issued letter of intent to acquire 60% stake in Elektrocieplownia BEDZIN Sp. z o.o. from EC Bedzin S.A. (WSE:BDZ) on November 20, 2023. EC Bedzin S.A. (WSE:BDZ) will retain minority stake in Elektrocieplownia BEDZIN Sp. z o.o. The transaction is expected to close by the year end of 2023.
Reported Earnings • Oct 02Second quarter 2023 earnings released: EPS: zł7.56 (vs zł18.11 loss in 2Q 2022)Second quarter 2023 results: EPS: zł7.56 (up from zł18.11 loss in 2Q 2022). Revenue: zł86.5m (up 74% from 2Q 2022). Net income: zł23.8m (up zł80.8m from 2Q 2022). Profit margin: 28% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 91% per year, which means it is well ahead of earnings.
공시 • Jun 04Elektrocieplownia Bedzin S.A., Annual General Meeting, Jun 28, 2023Elektrocieplownia Bedzin S.A., Annual General Meeting, Jun 28, 2023, at 10:30 Central European Standard Time.
공시 • Jan 12+ 3 more updatesElektrocieplownia Bedzin S.A. to Report Fiscal Year 2022 Results on Apr 26, 2023Elektrocieplownia Bedzin S.A. announced that they will report fiscal year 2022 results on Apr 26, 2023
Reported Earnings • Nov 26Third quarter 2022 earnings released: EPS: zł15.39 (vs zł9.54 loss in 3Q 2021)Third quarter 2022 results: EPS: zł15.39 (up from zł9.54 loss in 3Q 2021). Revenue: zł85.8m (up 96% from 3Q 2021). Net income: zł48.5m (up zł77.0m from 3Q 2021). Profit margin: 56% (up from net loss in 3Q 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
Reported Earnings • Sep 26Second quarter 2022 earnings released: zł18.11 loss per share (vs zł10.27 loss in 2Q 2021)Second quarter 2022 results: zł18.11 loss per share (further deteriorated from zł10.27 loss in 2Q 2021). Revenue: zł50.0m (up 30% from 2Q 2021). Net loss: zł57.0m (loss widened 86% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings.
공시 • Dec 15An unknown buyer acquired 9.52% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) from Wieslaw Glanowski.An unknown buyer acquired 9.52% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) from Wieslaw Glanowski on December 14, 2021. An unknown buyer completed the acquisition of 9.52% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) from Wieslaw Glanowski on December 14, 2021.
Reported Earnings • Dec 01Third quarter 2021 earnings: Revenues in line with analyst expectationsThird quarter 2021 results: Revenue: zł43.9m (up 11% from 3Q 2020). Net loss: zł28.5m (loss widened 31% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance.
Reported Earnings • Oct 04Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: zł41.1m (up 81% from 2Q 2020). Net loss: zł30.7m (loss widened 15% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
Reported Earnings • Oct 04Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: zł41.1m (up 81% from 2Q 2020). Net loss: zł30.7m (loss widened 15% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
공시 • Jul 15Wieslaw Glanowski acquired 9.5% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ).Wieslaw Glanowski acquired 9.5% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) on July 13, 2021. Wieslaw Glanowski completed the acquisition of 9.5% stake in Elektrocieplownia Bedzin S.A. (WSE:BDZ) on July 13, 2021.
Reported Earnings • Jun 05First quarter 2021 earnings released: zł4.69 loss per share (vs zł0.70 loss in 1Q 2020)The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: zł63.4m (up 27% from 1Q 2020). Net loss: zł14.0m (loss widened zł11.9m from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 05Full year 2020 earnings releasedThe company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: zł168.4m (down 25% from FY 2019). Net loss: zł69.6m (loss narrowed 34% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Feb 25New 90-day low: zł9.20The company is down 1.0% from its price of zł9.30 on 27 November 2020. The Polish market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 8.0% over the same period.
공시 • Jan 14+ 3 more updatesElektrocieplownia Bedzin S.A. to Report Q1, 2021 Results on May 28, 2021Elektrocieplownia Bedzin S.A. announced that they will report Q1, 2021 results on May 28, 2021
Reported Earnings • Dec 01Third quarter 2020 earnings released: zł7.29 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: zł43.8m (down 24% from 3Q 2019). Net loss: zł21.8m (loss widened 100% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 127% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.