Holcim Argentina SA (HARG) - Net Assets
Based on the latest financial reports, Holcim Argentina SA (HARG) has net assets worth AR$563.39 Billion ARS (≈ $407.67 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$960.54 Billion ≈ $695.05 Million USD) and total liabilities (AR$397.15 Billion ≈ $287.38 Million 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 HARG cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AR$563.39 Billion |
| % of Total Assets | 58.65% |
| Annual Growth Rate | 147.5% |
| 5-Year Change | 1902.64% |
| 10-Year Change | N/A |
| Growth Volatility | 276.71 |
Holcim Argentina SA - Net Assets Trend (2017–2024)
This chart illustrates how Holcim Argentina SA's net assets have evolved over time, based on quarterly financial data. Also explore Holcim Argentina SA assets under control for the complete picture of this company's asset base.
Annual Net Assets for Holcim Argentina SA (2017–2024)
The table below shows the annual net assets of Holcim Argentina SA from 2017 to 2024. For live valuation and market cap data, see Holcim Argentina SA (HARG) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AR$477.61 Billion ≈ $345.60 Million |
+9.39% |
| 2023-12-31 | AR$436.61 Billion ≈ $315.93 Million |
+486.20% |
| 2022-12-31 | AR$74.48 Billion ≈ $53.90 Million |
+108.97% |
| 2021-12-31 | AR$35.64 Billion ≈ $25.79 Million |
+49.45% |
| 2020-12-31 | AR$23.85 Billion ≈ $17.26 Million |
+48.04% |
| 2019-12-31 | AR$16.11 Billion ≈ $11.66 Million |
+112.78% |
| 2018-12-31 | AR$7.57 Billion ≈ $5.48 Million |
+802.36% |
| 2017-12-31 | AR$839.04 Million ≈ $607.14K |
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Equity Component Analysis
This analysis shows how different components contribute to Holcim Argentina 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 8996.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AR$40.46 Billion | 8.57% |
| Other Components | AR$431.44 Billion | 91.43% |
| Total Equity | AR$471.90 Billion | 100.00% |
Holcim Argentina SA Competitors by Market Cap
The table below lists competitors of Holcim Argentina SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Electrovaya Inc.
TO:ELVA
|
$460.84 Million |
|
European Lithium Ltd
AU:EUR
|
$460.99 Million |
|
Dongbu Steel Co Ltd
KO:016380
|
$461.08 Million |
|
Shaanxi Jinye Science Technology and Education Group Co Ltd
SHE:000812
|
$461.18 Million |
|
WATERDROP INC.ADS/10 CL.A
F:717
|
$460.70 Million |
|
Guangzhou Devotion Therm Tech
SHE:300335
|
$460.69 Million |
|
Anzheng Fashion
SHG:603839
|
$460.55 Million |
|
Goldiam International Limited
NSE:GOLDIAM
|
$460.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Holcim Argentina SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 431,634,000,000 to 471,899,000,000, a change of 40,265,000,000 (9.3%).
- Net income of 40,461,000,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$40.46 Billion | +8.57% |
| Other Changes | AR$-196.00 Million | -0.04% |
| Total Change | AR$- | 9.33% |
Book Value vs Market Value Analysis
This analysis compares Holcim Argentina 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: 1.35x
- 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 731.20x to 1.35x 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$2.38 | AR$1740.00 | x |
| 2018-12-31 | AR$21.51 | AR$1740.00 | x |
| 2019-12-31 | AR$45.76 | AR$1740.00 | x |
| 2020-12-31 | AR$65.21 | AR$1740.00 | x |
| 2021-12-31 | AR$97.45 | AR$1740.00 | x |
| 2022-12-31 | AR$203.64 | AR$1740.00 | x |
| 2023-12-31 | AR$1179.33 | AR$1740.00 | x |
| 2024-12-31 | AR$1289.34 | AR$1740.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Holcim Argentina 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): 8.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.11%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.57x
- Recent ROE (8.57%) is below the historical average (29.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 126.98% | 14.31% | 1.85x | 4.79x | AR$980.01 Million |
| 2018 | 20.34% | 11.93% | 0.92x | 1.84x | AR$782.89 Million |
| 2019 | 16.65% | 14.01% | 0.79x | 1.51x | AR$1.07 Billion |
| 2020 | 12.42% | 12.04% | 0.64x | 1.60x | AR$577.11 Million |
| 2021 | 20.56% | 16.66% | 0.81x | 1.53x | AR$3.77 Billion |
| 2022 | 17.90% | 16.17% | 0.77x | 1.43x | AR$5.88 Billion |
| 2023 | 15.95% | 13.23% | 0.76x | 1.58x | AR$25.68 Billion |
| 2024 | 8.57% | 10.11% | 0.54x | 1.57x | AR$-6.73 Billion |
Industry Comparison
This section compares Holcim Argentina SA's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $4,415,794,158
- Average return on equity (ROE) among peers: 36.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Holcim Argentina SA (HARG) | AR$563.39 Billion | 126.98% | 0.70x | $460.82 Million |
| Loma Negra Compania Industrial Argentina SA (LOMA) | $4.42 Billion | 36.03% | 1.94x | $1.40 Billion |
About Holcim Argentina SA
Holcim (Argentina) S.A. operates in the construction material industry in Argentina. It engages in the production of cement, concrete, stone aggregates, liquid paints, and membranes. The company also offers adhesives, plasters, additives, repairers, limes, and hydraulic binders. It sells its products under the Dissents, Geocycle, Tector, and Quimexur brand names. The company was founded in 1930 a… Read more