Cresud SA
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, engages in the production of agricultural commodities in Brazil and other Latin American countries. The company operates through Agricultural Business, and Business Urban Properties and Investments segments. It is also involved in the management, development, and ownership of shopping malls, offi… Read more
Cresud SA (CRES) - Net Assets
Latest net assets as of December 2025: AR$2.61 Trillion ARS
Based on the latest financial reports, Cresud SA (CRES) has net assets worth AR$2.61 Trillion ARS as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$6.32 Trillion) and total liabilities (AR$3.71 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AR$2.61 Trillion |
| % of Total Assets | 41.25% |
| Annual Growth Rate | 85.96% |
| 5-Year Change | 1683.21% |
| 10-Year Change | N/A |
| Growth Volatility | 113.84 |
Cresud SA - Net Assets Trend (2016–2024)
This chart illustrates how Cresud SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cresud SA (2016–2024)
The table below shows the annual net assets of Cresud SA from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AR$2.18 Trillion | +350.96% |
| 2023-06-30 | AR$483.03 Billion | +133.58% |
| 2022-06-30 | AR$206.79 Billion | +95.28% |
| 2021-06-30 | AR$105.89 Billion | -13.31% |
| 2020-06-30 | AR$122.15 Billion | +37.25% |
| 2019-06-30 | AR$89.00 Billion | +18.16% |
| 2018-06-30 | AR$75.32 Billion | +53.18% |
| 2017-06-30 | AR$49.17 Billion | +222.83% |
| 2016-06-30 | AR$15.23 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cresud SA'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 647.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AR$83.34 Billion | 8.60% |
| Other Components | AR$885.20 Billion | 91.40% |
| Total Equity | AR$968.54 Billion | 100.00% |
Cresud SA Competitors by Market Cap
The table below lists competitors of Cresud SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Slate Grocery REIT
PINK:SRRTF
|
$554.97 Million |
|
Becle SA de CV
PINK:BCCLF
|
$555.00 Million |
|
Zhejiang EV-Tech Co.,Ltd.
SHE:301607
|
$555.10 Million |
|
Shanghai Suochen Information Technology Co. Ltd. A
SHG:688507
|
$555.17 Million |
|
Sildarvinnslan Hf.
IC:SVN
|
$554.85 Million |
|
Verve Group SE
PINK:MGIMF
|
$554.81 Million |
|
Shenzhen Lihexing Co. Ltd.
SHE:301013
|
$554.72 Million |
|
Jinneng Science&Tech Co Ltd
SHG:603113
|
$554.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cresud SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 209,674,000,000 to 968,537,000,000, a change of 758,863,000,000 (361.9%).
- Net income of 127,197,000,000 contributed positively to equity growth.
- Dividend payments of 172,303,000,000 reduced retained earnings.
- Share repurchases of 18,392,000,000 reduced equity.
- Other factors increased equity by 822,361,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$127.20 Billion | +13.13% |
| Dividends Paid | AR$172.30 Billion | -17.79% |
| Share Repurchases | AR$18.39 Billion | -1.9% |
| Other Changes | AR$822.36 Billion | +84.91% |
| Total Change | AR$- | 361.93% |
Book Value vs Market Value Analysis
This analysis compares Cresud SA'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: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 56.74x to 1.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | AR$30.54 | AR$1733.00 | x |
| 2018-06-30 | AR$38.96 | AR$1733.00 | x |
| 2019-06-30 | AR$32.66 | AR$1733.00 | x |
| 2020-06-30 | AR$50.15 | AR$1733.00 | x |
| 2021-06-30 | AR$54.84 | AR$1733.00 | x |
| 2022-06-30 | AR$139.00 | AR$1733.00 | x |
| 2023-06-30 | AR$354.29 | AR$1733.00 | x |
| 2024-06-30 | AR$1629.46 | AR$1733.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cresud SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.13%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.26%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 5.00x
- Recent ROE (13.13%) is above the historical average (-13.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -101.67% | -2.93% | 0.21x | 162.59x | AR$-1.14 Billion |
| 2017 | 9.21% | 1.94% | 0.32x | 14.72x | AR$-129.50 Million |
| 2018 | 25.77% | 13.83% | 0.11x | 16.91x | AR$3.30 Billion |
| 2019 | -111.47% | -22.68% | 0.16x | 30.20x | AR$-20.43 Billion |
| 2020 | 15.62% | 3.24% | 0.18x | 27.30x | AR$1.41 Billion |
| 2021 | -38.74% | -29.64% | 0.13x | 10.45x | AR$-15.81 Billion |
| 2022 | 45.06% | 38.69% | 0.18x | 6.43x | AR$28.86 Billion |
| 2023 | 20.92% | 23.04% | 0.18x | 5.10x | AR$22.90 Billion |
| 2024 | 13.13% | 13.26% | 0.20x | 5.00x | AR$30.34 Billion |
Industry Comparison
This section compares Cresud SA's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $3,647,613,259
- Average return on equity (ROE) among peers: -3.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cresud SA (CRES) | AR$2.61 Trillion | -101.67% | 1.42x | $554.95 Million |
| Carlos Casado (CADO) | $4.04 Billion | 6.89% | 0.15x | $23.41 Million |
| Garovaglio y Zorraquin S.A. (GARO) | $1.42 Billion | 11.45% | 2.29x | $3.75 Million |
| Ledesma SAAI (LEDE) | $5.48 Billion | -27.69% | 2.24x | $30.58 Million |