Neoenergia S.A.
Neoenergia S.A. generates, transmits, distributes, trades in, and commercializes electric energy in Brazil. It operates through Networks, Renewables, Liberalized, and Others. The company provides free energy market solutions, such as power management, metering and billing systems, renewable energy certificates, and long-term contracts; green hydrogen, that includes green ammonia, steel, and metha… Read more
Neoenergia S.A. (2Q40) - Net Assets
Latest net assets as of June 2025: €35.36 Billion EUR
Based on the latest financial reports, Neoenergia S.A. (2Q40) has net assets worth €35.36 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€110.82 Billion) and total liabilities (€75.46 Billion). 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 | €35.36 Billion |
| % of Total Assets | 31.91% |
| Annual Growth Rate | 10.55% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1.2 |
Neoenergia S.A. - Net Assets Trend (2021–2024)
This chart illustrates how Neoenergia 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 Neoenergia S.A. (2021–2024)
The table below shows the annual net assets of Neoenergia S.A. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €32.75 Billion | +8.88% |
| 2023-12-31 | €30.08 Billion | +11.65% |
| 2022-12-31 | €26.94 Billion | +11.14% |
| 2021-12-31 | €24.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Neoenergia 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €247.00 Million | 0.76% |
| Other Components | €32.39 Billion | 99.24% |
| Total Equity | €32.64 Billion | 100.00% |
Neoenergia S.A. Competitors by Market Cap
The table below lists competitors of Neoenergia S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sands China Ltd
PINK:SCHYF
|
$4.24 Billion |
|
EREGLI DEM CEL FABR DL1
F:EDVA
|
$4.24 Billion |
|
Li Ning Company Limited
PINK:LNNGF
|
$4.24 Billion |
|
Magnolia Oil & Gas Corp
NYSE:MGY
|
$4.25 Billion |
|
Gecina SA
OTCGREY:GECFF
|
$4.24 Billion |
|
Warrior Met Coal Inc
NYSE:HCC
|
$4.24 Billion |
|
Yuhan Corp.
KO:000100
|
$4.24 Billion |
|
Tubize-Fin
BR:TUB
|
$4.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neoenergia S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 29,866,000,000 to 32,638,000,000, a change of 2,772,000,000 (9.3%).
- Net income of 3,635,000,000 contributed positively to equity growth.
- Dividend payments of 937,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.63 Billion | +11.14% |
| Dividends Paid | €937.00 Million | -2.87% |
| Other Changes | €74.00 Million | +0.23% |
| Total Change | €- | 9.28% |
Book Value vs Market Value Analysis
This analysis compares Neoenergia 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: 0.78x
- 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 1.07x to 0.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €19.68 | €21.00 | x |
| 2022-12-31 | €22.03 | €21.00 | x |
| 2023-12-31 | €24.64 | €21.00 | x |
| 2024-12-31 | €26.90 | €21.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neoenergia 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): 11.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.14%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 3.36x
- Recent ROE (11.14%) is below the historical average (15.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 16.43% | 9.77% | 0.47x | 3.59x | €1.54 Billion |
| 2022 | 17.64% | 12.33% | 0.41x | 3.45x | €2.04 Billion |
| 2023 | 14.94% | 10.98% | 0.41x | 3.32x | €1.47 Billion |
| 2024 | 11.14% | 8.14% | 0.41x | 3.36x | €371.20 Million |
Industry Comparison
This section compares Neoenergia 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: $14,495,248,714
- Average return on equity (ROE) among peers: 443.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neoenergia S.A. (2Q40) | €35.36 Billion | 16.43% | 2.13x | $4.24 Billion |
| Fjordkraft Holding ASA (1ZK) | $1.94 Billion | 20.58% | 1.64x | $352.63 Million |
| GUYANA FRONTIER (58S) | $15.44 Billion | -4.56% | 1.53x | $1.26 Billion |
| PNM Resources Inc (98P) | $1.77 Billion | 4.53% | 2.75x | $5.17 Billion |
| Energa SA (EN2) | $12.68 Billion | 2.11% | 1.81x | $165.66 Million |
| China Power International Development Limited (HPD) | $68.59 Billion | 3.86% | 2.08x | $1.56 Billion |
| ECB S.A. (JH8) | $20.86 Million | 3065.46% | 0.54x | $2.07 Million |
| Mainova AG (MNV6) | $1.02 Billion | 11.27% | 1.83x | $271.67 Million |