Empresa Distribuidora y Comercializadora Norte S.A. (EDN) - Net Assets

Latest as of December 2025: AR$2.22 Trillion ARS ≈ $1.61 Billion USD

Based on the latest financial reports, Empresa Distribuidora y Comercializadora Norte S.A. (EDN) has net assets worth AR$2.22 Trillion ARS (≈ $1.61 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$5.76 Trillion ≈ $4.17 Billion USD) and total liabilities (AR$3.54 Trillion ≈ $2.56 Billion USD). 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. Check EDN asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AR$2.22 Trillion
% of Total Assets	38.6%
Annual Growth Rate	107.17%
5-Year Change	2916.4%
10-Year Change	614247.54%
Growth Volatility	844.12

Empresa Distribuidora y Comercializadora Norte S.A. - Net Assets Trend (2015–2025)

This chart illustrates how Empresa Distribuidora y Comercializadora Norte S.A.'s net assets have evolved over time, based on quarterly financial data. Also explore how large is Empresa Distribuidora y Comercializadora's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Empresa Distribuidora y Comercializadora Norte S.A. (2015–2025)

The table below shows the annual net assets of Empresa Distribuidora y Comercializadora Norte S.A. from 2015 to 2025. For live valuation and market cap data, see EDN market cap overview.

Year	Net Assets	Change
2025-12-31	AR$2.22 Trillion ≈ $1.61 Billion	+47.50%
2024-12-31	AR$1.51 Trillion ≈ $1.09 Billion	+22.27%
2023-12-31	AR$1.23 Trillion ≈ $891.92 Million	+880.86%
2022-12-31	AR$125.67 Billion ≈ $90.93 Million	+70.52%
2021-12-31	AR$73.69 Billion ≈ $53.33 Million	+17.16%
2020-12-31	AR$62.90 Billion ≈ $45.51 Million	+6.33%
2019-12-31	AR$59.15 Billion ≈ $42.80 Million	+91.00%
2018-12-31	AR$30.97 Billion ≈ $22.41 Million	+2819.22%
2017-12-31	AR$1.06 Billion ≈ $767.65K	+193.19%
2016-12-31	AR$361.83 Million ≈ $261.82K	-76.27%
2015-12-31	AR$1.53 Billion ≈ $1.10 Million	--

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 95849.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	AR$239.24 Billion	10.76%
Other Components	AR$1.98 Trillion	89.24%
Total Equity	AR$2.22 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
Raydium Semi-Conductor TW:3592	$561.62 Million
Mystate Ltd AU:MYS	$561.90 Million
Mühlbauer Holding AG XETRA:MUB	$562.00 Million
LX Semicon Co. Ltd KQ:108320	$562.13 Million
Yingde Greatchem Chemicals Co. Ltd. A SHE:300804	$560.92 Million
COOR Service Management AB ST:COOR	$560.84 Million
Kumho HT Inc KO:214330	$560.69 Million
Consultatio SA BA:CTIO	$560.59 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 2024 to 2025, total equity changed from 1,507,065,000,000 to 2,222,906,000,000, a change of 715,841,000,000 (47.5%).
Net income of 239,236,000,000 contributed positively to equity growth.
Other factors increased equity by 476,605,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AR$239.24 Billion	+10.76%
Other Changes	AR$476.61 Billion	+21.44%
Total Change	AR$-	47.50%

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: 0.74x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 1595.94x to 0.74x 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$1884.00	x
2018-12-31	AR$35.07	AR$1884.00	x
2019-12-31	AR$67.60	AR$1884.00	x
2020-12-31	AR$69.39	AR$1884.00	x
2021-12-31	AR$84.19	AR$1884.00	x
2022-12-31	AR$143.54	AR$1884.00	x
2023-12-31	AR$1407.72	AR$1884.00	x
2024-12-31	AR$1721.02	AR$1884.00	x
2025-12-31	AR$2538.48	AR$1884.00	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): 10.76%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.00%
• Asset Turnover: 0.52x
• Equity Multiplier: 2.59x
Recent ROE (10.76%) is above the historical average (-15.54%), 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	20.43%	12.54%	0.61x	2.67x	AR$128.51 Billion
2024	23.75%	13.32%	0.68x	2.64x	AR$207.27 Billion
2025	10.76%	8.00%	0.52x	2.59x	AR$16.95 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: $118,100,318,682
Average return on equity (ROE) among peers: 25.78%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Empresa Distribuidora y Comercializadora Norte S.A. (EDN)	AR$2.22 Trillion	74.91%	1.59x	$561.39 Million
Enel Generacion Costanera SA (CECO2)	$5.53 Billion	52.33%	1.77x	$232.14 Million
Central Puerto S.A. (CEPU)	$261.36 Billion	7.29%	0.46x	$2.32 Billion
EDESAL Holding SA (EDLH)	$293.94 Million	65.72%	3.39x	$1.22 Million
Edesa Holding SA (EDSH)	$361.82 Billion	16.25%	1.03x	$16.56 Million
Empresa Distribuidora Electrica Regional SA (EMDE)	$586.51 Million	10.92%	2.82x	$352.98K
Compania de Transporte de Energia Electrica en Alta Tension Transener SA (TRAN)	$79.01 Billion	2.16%	0.37x	$611.75 Million

About Empresa Distribuidora y Comercializadora Norte S.A.

BA:EDN Argentina Utilities - Regulated Electric

Market Cap

$561.39 Million

AR$775.82 Billion ARS

Market Cap Rank

#11938 Global

#33 in Argentina

Share Price

AR$1884.00

Change (1 day)

-0.32%

52-Week Range

AR$1166.00 - AR$2717.50

All Time High

AR$2765.00