Empresa Distribuidora y Comercializadora Norte S.A.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima engages in the distribution and sale of electricity in Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima was formerly known as Empresa Distribuidora Norte Sociedad Anónima and changed its name to Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in January 1997. The company was founded in 1992 a… Read more
Empresa Distribuidora y Comercializadora Norte S.A. (EDN) - Net Assets
Latest net assets as of September 2025: AR$2.02 Trillion ARS
Based on the latest financial reports, Empresa Distribuidora y Comercializadora Norte S.A. (EDN) has net assets worth AR$2.02 Trillion ARS as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$5.07 Trillion) and total liabilities (AR$3.06 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$2.02 Trillion |
| % of Total Assets | 39.77% |
| Annual Growth Rate | 115.12% |
| 5-Year Change | 2296.05% |
| 10-Year Change | N/A |
| Growth Volatility | 880.76 |
Empresa Distribuidora y Comercializadora Norte S.A. - Net Assets Trend (2015–2024)
This chart illustrates how Empresa Distribuidora y Comercializadora Norte S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Empresa Distribuidora y Comercializadora Norte S.A. (2015–2024)
The table below shows the annual net assets of Empresa Distribuidora y Comercializadora Norte S.A. from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AR$1.51 Trillion | +22.27% |
| 2023-12-31 | AR$1.23 Trillion | +880.86% |
| 2022-12-31 | AR$125.67 Billion | +70.52% |
| 2021-12-31 | AR$73.69 Billion | +17.16% |
| 2020-12-31 | AR$62.90 Billion | +6.33% |
| 2019-12-31 | AR$59.15 Billion | +91.00% |
| 2018-12-31 | AR$30.97 Billion | +2819.22% |
| 2017-12-31 | AR$1.06 Billion | +193.19% |
| 2016-12-31 | AR$361.83 Million | -76.27% |
| 2015-12-31 | AR$1.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Empresa Distribuidora y Comercializadora Norte S.A.'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 101805.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AR$254.09 Billion | 16.86% |
| Other Components | AR$1.25 Trillion | 83.14% |
| Total Equity | AR$1.51 Trillion | 100.00% |
Empresa Distribuidora y Comercializadora Norte S.A. Competitors by Market Cap
The table below lists competitors of Empresa Distribuidora y Comercializadora Norte S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cryoport Inc
NASDAQ:CYRX
|
$324.80 Million |
|
Stef SA
PA:STF
|
$324.84 Million |
|
Zenitron Corp
TW:3028
|
$324.86 Million |
|
SANOFI CONS HEALTHC IND L
NSE:SANOFICONR
|
$324.87 Million |
|
Xinjiang Baihuacun Co Ltd
SHG:600721
|
$324.62 Million |
|
Anhui Higasket Plastics Co.Ltd.
SHG:603150
|
$324.48 Million |
|
LiaonWellhope Agri-Tech Co Ltd
SHG:603609
|
$324.40 Million |
|
BR Advisory Partners
SA:BRBI11
|
$324.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Empresa Distribuidora y Comercializadora Norte S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,232,604,000,000 to 1,507,065,000,000, a change of 274,461,000,000 (22.3%).
- Net income of 272,128,000,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$272.13 Billion | +18.06% |
| Other Changes | AR$2.33 Billion | +0.15% |
| Total Change | AR$- | 22.27% |
Book Value vs Market Value Analysis
This analysis compares Empresa Distribuidora y Comercializadora Norte S.A.'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: 1.16x
- 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 1695.05x to 1.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AR$1.18 | AR$2001.00 | x |
| 2018-12-31 | AR$35.07 | AR$2001.00 | x |
| 2019-12-31 | AR$67.60 | AR$2001.00 | x |
| 2020-12-31 | AR$69.39 | AR$2001.00 | x |
| 2021-12-31 | AR$84.19 | AR$2001.00 | x |
| 2022-12-31 | AR$143.54 | AR$2001.00 | x |
| 2023-12-31 | AR$1407.72 | AR$2001.00 | x |
| 2024-12-31 | AR$1721.02 | AR$2001.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Empresa Distribuidora y Comercializadora Norte S.A. 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): 18.06%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.32%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.64x
- Recent ROE (18.06%) is above the historical average (-19.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 74.91% | 30.05% | 0.29x | 8.51x | AR$989.94 Million |
| 2016 | -328.51% | -9.09% | 0.69x | 52.33x | AR$-1.22 Billion |
| 2017 | 64.31% | 2.80% | 0.96x | 23.85x | AR$576.10 Million |
| 2018 | 13.88% | 7.68% | 0.73x | 2.49x | AR$1.20 Billion |
| 2019 | 20.51% | 13.49% | 0.75x | 2.02x | AR$6.22 Billion |
| 2020 | -28.14% | -19.38% | 0.61x | 2.37x | AR$-23.99 Billion |
| 2021 | -28.96% | -18.81% | 0.48x | 3.23x | AR$-28.71 Billion |
| 2022 | -13.90% | -8.49% | 0.43x | 3.82x | AR$-30.03 Billion |
| 2023 | 15.53% | 12.54% | 0.46x | 2.67x | AR$68.13 Billion |
| 2024 | 18.06% | 13.32% | 0.51x | 2.64x | AR$121.42 Billion |
Industry Comparison
This section compares Empresa Distribuidora y Comercializadora Norte S.A.'s net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $5,996,642,800
- Average return on equity (ROE) among peers: 20.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Empresa Distribuidora y Comercializadora Norte S.A. (EDN) | AR$2.02 Trillion | 74.91% | 1.51x | $324.71 Million |
| EDESAL Holding SA (EDLH) | $293.94 Million | 65.72% | 3.39x | $347.47K |
| Empresa Distribuidora Electrica Regional SA (EMDE) | $-885.91 Million | 0.00% | 0.00x | $75.13 |
| NATIONAL GRID CEDEAR EACH REP 1 (NGG) | $23.86 Billion | 9.86% | 2.98x | $127.42 Billion |
| Compania de Transporte de Energia Electrica en Alta Tension Transener SA (TRAN) | $722.54 Million | 7.23% | 3.09x | $853.67 Million |