Companhia Energética de Minas Gerais (CID) - Net Assets
Based on the latest financial reports, Companhia Energética de Minas Gerais (CID) has net assets worth €28.58 Billion EUR (≈ $33.41 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 (€67.03 Billion ≈ $78.36 Billion USD) and total liabilities (€38.45 Billion ≈ $44.95 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 tangible net worth ratio of Companhia Energética de Minas Gerais to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €28.58 Billion |
| % of Total Assets | 42.64% |
| Annual Growth Rate | 9.21% |
| 5-Year Change | 46.86% |
| 10-Year Change | N/A |
| Growth Volatility | 4.11 |
Companhia Energética de Minas Gerais - Net Assets Trend (2016–2025)
This chart illustrates how Companhia Energética de Minas Gerais's net assets have evolved over time, based on quarterly financial data. See Companhia Energética de Minas Gerais (CID) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Companhia Energética de Minas Gerais (2016–2025)
The table below shows the annual net assets of Companhia Energética de Minas Gerais from 2016 to 2025. For live valuation and market cap data, see market cap of Companhia Energética de Minas Gerais.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €28.58 Billion ≈ $33.42 Billion |
+4.38% |
| 2024-12-31 | €27.38 Billion ≈ $32.01 Billion |
+11.06% |
| 2023-12-31 | €24.66 Billion ≈ $28.83 Billion |
+13.18% |
| 2022-12-31 | €21.78 Billion ≈ $25.47 Billion |
+11.93% |
| 2021-12-31 | €19.46 Billion ≈ $22.75 Billion |
+11.35% |
| 2020-12-31 | €17.48 Billion ≈ $20.43 Billion |
+9.99% |
| 2019-12-31 | €15.89 Billion ≈ $18.58 Billion |
-0.30% |
| 2018-12-31 | €15.94 Billion ≈ $18.63 Billion |
+11.23% |
| 2017-12-31 | €14.33 Billion ≈ $16.75 Billion |
+10.79% |
| 2016-12-31 | €12.93 Billion ≈ $15.12 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Companhia Energética de Minas Gerais'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €28.58 Billion | 100.00% |
| Total Equity | €28.58 Billion | 100.00% |
Companhia Energética de Minas Gerais Competitors by Market Cap
The table below lists competitors of Companhia Energética de Minas Gerais ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RAMSAY HLTH.CARE ADR/025
F:RMY0
|
$4.01 Billion |
|
Fuyao Glass Industry Group Co. Ltd
F:4FG
|
$4.01 Billion |
|
Tutor Perini Corporation
NYSE:TPC
|
$4.01 Billion |
|
Masan Group Corp
VN:MSN
|
$4.01 Billion |
|
JUST EAT TAKEAW. SP.ADR
F:T5WA
|
$4.01 Billion |
|
Beijing Tricolor Technology Co Ltd
SHG:603516
|
$4.00 Billion |
|
Zhejiang Kaishan Compressor
SHE:300257
|
$4.00 Billion |
|
HOSHIZAKIL UNSP.ADR/025
F:HS00
|
$4.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Companhia Energética de Minas Gerais's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 27,377,000,000 to 28,576,380,000, a change of 1,199,380,000 (4.4%).
- Net income of 4,897,000,000 contributed positively to equity growth.
- Other factors decreased equity by 3,697,620,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €4.90 Billion | +17.14% |
| Other Changes | €-3.70 Billion | -12.94% |
| Total Change | €- | 4.38% |
Book Value vs Market Value Analysis
This analysis compares Companhia Energética de Minas Gerais'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: 0.18x
- 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 | €8.46 | €1.80 | x |
| 2018-12-31 | €8.61 | €1.80 | x |
| 2019-12-31 | €9.39 | €1.80 | x |
| 2020-12-31 | €10.32 | €1.80 | x |
| 2021-12-31 | €8.84 | €1.80 | x |
| 2022-12-31 | €9.90 | €1.80 | x |
| 2023-12-31 | €8.62 | €1.80 | x |
| 2024-12-31 | €9.57 | €1.80 | x |
| 2025-12-31 | €9.99 | €1.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Companhia Energética de Minas Gerais 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): 17.14%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.45%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.35x
- Recent ROE (17.14%) is above the historical average (16.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.58% | 1.78% | 0.45x | 3.25x | €-959.00 Million |
| 2017 | 6.99% | 4.61% | 0.51x | 2.95x | €-431.60 Million |
| 2018 | 11.95% | 7.82% | 0.37x | 4.11x | €284.10 Million |
| 2019 | 19.68% | 12.32% | 0.51x | 3.14x | €1.54 Billion |
| 2020 | 16.39% | 11.35% | 0.47x | 3.10x | €1.12 Billion |
| 2021 | 19.28% | 11.15% | 0.65x | 2.67x | €1.81 Billion |
| 2022 | 18.79% | 11.87% | 0.64x | 2.46x | €1.91 Billion |
| 2023 | 23.38% | 15.64% | 0.67x | 2.23x | €3.30 Billion |
| 2024 | 26.00% | 17.87% | 0.67x | 2.18x | €4.38 Billion |
| 2025 | 17.14% | 11.45% | 0.64x | 2.35x | €2.04 Billion |
Industry Comparison
This section compares Companhia Energética de Minas Gerais's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $4,986,370,081,000
- Average return on equity (ROE) among peers: 2.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Companhia Energética de Minas Gerais (CID) | €28.58 Billion | 2.58% | 1.35x | $4.01 Billion |
| BEIJ.JINGNENG CL.ERG.HYC1 (BJ6) | $37.48 Billion | 8.92% | 1.70x | $741.03 Million |
| CENTRAL PUERTO ADR/1 AP1 (C3TA) | $2.62 Trillion | 13.24% | 0.40x | $2.14 Billion |
| CLP HLDGS LTD ADR/1 HD 5 (CLP1) | $117.42 Billion | 9.08% | 1.03x | $19.96 Billion |
| S.ENER.ELEC.SP.GDR REGS 1 (ECEA) | $4.95 Billion | -11.16% | 0.59x | $1.10 Billion |
| ENDESA ADR/ 1/2 EO 120 (ENAA) | $5.76 Billion | 44.13% | 7.70x | $34.26 Billion |
| Korea Electric Power Corporation (KOP) | $42.00 Trillion | -58.25% | 4.59x | $14.77 Billion |
| Mainova AG (MNV6) | $1.26 Billion | 10.24% | 1.41x | $2.67 Billion |
| National Grid plc (NNGD) | $20.38 Billion | 38.24% | 2.23x | $71.15 Billion |
| Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (PWD1) | $73.69 Billion | -28.96% | 2.23x | $548.83 Million |
About Companhia Energética de Minas Gerais
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2025, the company operated 32 hydro plants with a total capacity of 4,434 M, 2 wind farms with a total capacity of 71 MW, and 12 photovoltaic power stations with a total capacity of 169 MW; 365,577 miles of distribution lin… Read more