Companhia Brasileira de Distribuição (C1B2) - Net Assets
Based on the latest financial reports, Companhia Brasileira de Distribuição (C1B2) has net assets worth €4.03 Billion EUR (≈ $4.72 Billion USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€19.67 Billion ≈ $23.00 Billion USD) and total liabilities (€15.64 Billion ≈ $18.28 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 C1B2 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.03 Billion |
| % of Total Assets | 20.5% |
| Annual Growth Rate | -13.08% |
| 5-Year Change | -65.15% |
| 10-Year Change | N/A |
| Growth Volatility | 26.23 |
Companhia Brasileira de Distribuição - Net Assets Trend (2016–2023)
This chart illustrates how Companhia Brasileira de Distribuição's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Companhia Brasileira de Distribuição to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Companhia Brasileira de Distribuição (2016–2023)
The table below shows the annual net assets of Companhia Brasileira de Distribuição from 2016 to 2023. For live valuation and market cap data, see market cap of Companhia Brasileira de Distribuição.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €4.72 Billion ≈ $5.52 Billion |
-65.62% |
| 2022-12-31 | €13.73 Billion ≈ $16.06 Billion |
-16.16% |
| 2021-12-31 | €16.38 Billion ≈ $19.15 Billion |
-2.54% |
| 2020-12-31 | €16.81 Billion ≈ $19.65 Billion |
+24.06% |
| 2019-12-31 | €13.55 Billion ≈ $15.84 Billion |
-2.81% |
| 2018-12-31 | €13.94 Billion ≈ $16.30 Billion |
+4.87% |
| 2017-12-31 | €13.29 Billion ≈ $15.54 Billion |
+5.52% |
| 2016-12-31 | €12.60 Billion ≈ $14.73 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Companhia Brasileira de Distribuição'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 189.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €7.16 Billion | 151.79% |
| Total Equity | €4.72 Billion | 100.00% |
Companhia Brasileira de Distribuição Competitors by Market Cap
The table below lists competitors of Companhia Brasileira de Distribuição ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
I-Sheng Electric Wire & Cable Co Ltd
TW:6115
|
$287.64 Million |
|
Selena FM S.A.
WAR:SEL
|
$287.65 Million |
|
Zhejiang Yaguang Technology Co. Ltd. A
SHG:603282
|
$287.66 Million |
|
Jiangsu Fengshan Group Co Ltd
SHG:603810
|
$287.67 Million |
|
Pan Asia Chemical Co
TWO:4707
|
$287.45 Million |
|
Hangzhou Xili Intelligent Technology Co. Ltd. A
SHG:688616
|
$287.42 Million |
|
Brightstar Resources Ltd
AU:BTR
|
$287.40 Million |
|
Garanti Faktoring AS
IS:GARFA
|
$287.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Companhia Brasileira de Distribuição's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 11,545,000,000 to 4,717,000,000, a change of -6,828,000,000 (-59.1%).
- Net loss of 2,271,000,000 reduced equity.
- Dividend payments of 190,000,000 reduced retained earnings.
- New share issuances of 1,000,000 increased equity.
- Other factors decreased equity by 4,368,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.27 Billion | -48.15% |
| Dividends Paid | €190.00 Million | -4.03% |
| Share Issuances | €1.00 Million | +0.02% |
| Other Changes | €-4.37 Billion | -92.6% |
| Total Change | €- | -59.14% |
Book Value vs Market Value Analysis
This analysis compares Companhia Brasileira de Distribuição'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: 0.03x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €38.80 | €0.52 | x |
| 2018-12-31 | €41.57 | €0.52 | x |
| 2019-12-31 | €40.86 | €0.52 | x |
| 2020-12-31 | €51.08 | €0.52 | x |
| 2021-12-31 | €50.70 | €0.52 | x |
| 2022-12-31 | €42.76 | €0.52 | x |
| 2023-12-31 | €15.64 | €0.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Companhia Brasileira de Distribuição 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): -48.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.80%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 4.67x
- Recent ROE (-48.15%) is below the historical average (-1.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -4.89% | -1.16% | 0.92x | 4.59x | €-1.47 Billion |
| 2017 | 5.99% | 1.39% | 0.93x | 4.64x | €-414.30 Million |
| 2018 | 10.76% | 2.42% | 0.93x | 4.77x | €84.70 Million |
| 2019 | 7.22% | 1.39% | 0.97x | 5.35x | €-304.00 Million |
| 2020 | 15.91% | 4.25% | 0.96x | 3.89x | €809.50 Million |
| 2021 | 5.88% | 1.56% | 1.04x | 3.62x | €-562.90 Million |
| 2022 | -1.49% | -0.99% | 0.40x | 3.80x | €-1.33 Billion |
| 2023 | -48.15% | -11.80% | 0.87x | 4.67x | €-2.74 Billion |
Industry Comparison
This section compares Companhia Brasileira de Distribuição's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $36,411,132,667
- Average return on equity (ROE) among peers: 7.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Companhia Brasileira de Distribuição (C1B2) | €4.03 Billion | -4.89% | 3.88x | $287.63 Million |
| RYOHIN UNSP.ADR/1 (3RKU) | $267.44 Billion | 8.25% | 0.70x | $9.71 Billion |
| Maoye International Holdings Limited (5MIA) | $12.08 Billion | 0.38% | 2.81x | $46.26 Million |
| LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG (ECK) | $79.40 Million | 19.11% | 0.67x | $93.85 Million |
| Lianhua Supermarket Holdings Co. Ltd (LSJ) | $2.05 Billion | -18.49% | 10.51x | $6.10 Million |
| MARKS SPENCER ADR LS-25 (MA6A) | $2.83 Billion | 15.24% | 2.07x | $9.25 Billion |
| Parkson Retail Group Limited (P5IB) | $3.09 Billion | -5.66% | 2.69x | $28.98 Million |
| Sun Art Retail Group Limited (SRI) | $27.85 Billion | 0.00% | 1.49x | $1.20 Billion |
| Tallinna Kaubamaja Grupp AS (UE8) | $261.53 Million | 10.51% | 1.70x | $374.67 Million |
| WOOLWORTHS HDGS GDR (WN30) | $12.02 Billion | 42.21% | 2.26x | $2.32 Billion |
About Companhia Brasileira de Distribuição
Companhia Brasileira De Distribuicao operates supermarkets, specialized stores, and department stores in Brazil. The company sells food products, including non-perishables, beverages, fruits, vegetables, meat, bread, cold cuts, and dairy products; and non-food products, such as cleaning supplies, disposable products, personal care products, and pet supplies under its private label and third-party… Read more