Centrais Elétricas Brasileiras S.A. - Eletrobrás (L3XB) - Net Assets
Based on the latest financial reports, Centrais Elétricas Brasileiras S.A. - Eletrobrás (L3XB) has net assets worth €109.34 Billion EUR (≈ $127.83 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€266.50 Billion ≈ $311.57 Billion USD) and total liabilities (€157.16 Billion ≈ $183.74 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 L3XB cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €109.34 Billion |
| % of Total Assets | 41.03% |
| Annual Growth Rate | 6.41% |
| 5-Year Change | 65.42% |
| 10-Year Change | 192.29% |
| Growth Volatility | 18.96 |
Centrais Elétricas Brasileiras S.A. - Eletrobrás - Net Assets Trend (2013–2024)
This chart illustrates how Centrais Elétricas Brasileiras S.A. - Eletrobrás's net assets have evolved over time, based on quarterly financial data. Also explore how large is Centrais Elétricas Brasileiras S.A. - El's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Centrais Elétricas Brasileiras S.A. - Eletrobrás (2013–2024)
The table below shows the annual net assets of Centrais Elétricas Brasileiras S.A. - Eletrobrás from 2013 to 2024. For live valuation and market cap data, see L3XB market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €122.00 Billion ≈ $142.63 Billion |
+8.48% |
| 2023-12-31 | €112.46 Billion ≈ $131.48 Billion |
+1.29% |
| 2022-12-31 | €111.03 Billion ≈ $129.80 Billion |
+45.29% |
| 2021-12-31 | €76.42 Billion ≈ $89.34 Billion |
+3.61% |
| 2020-12-31 | €73.75 Billion ≈ $86.22 Billion |
+3.30% |
| 2019-12-31 | €71.39 Billion ≈ $83.47 Billion |
+27.47% |
| 2018-12-31 | €56.01 Billion ≈ $65.48 Billion |
+31.01% |
| 2017-12-31 | €42.75 Billion ≈ $49.98 Billion |
-2.98% |
| 2016-12-31 | €44.06 Billion ≈ $51.52 Billion |
+5.57% |
| 2015-12-31 | €41.74 Billion ≈ $48.80 Billion |
-26.58% |
| 2014-12-31 | €56.85 Billion ≈ $66.46 Billion |
-7.68% |
| 2013-12-31 | €61.58 Billion ≈ $71.99 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Centrais Elétricas Brasileiras S.A. - Eletrobrás'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 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €121.86 Billion | 100.00% |
| Total Equity | €121.86 Billion | 100.00% |
Centrais Elétricas Brasileiras S.A. - Eletrobrás Competitors by Market Cap
The table below lists competitors of Centrais Elétricas Brasileiras S.A. - Eletrobrás ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aluminum Corp of China Ltd
SHG:601600
|
$22.52 Billion |
|
A.P. Møller - Mærsk A/S
CO:MAERSK-A
|
$22.56 Billion |
|
EnBW Energie Baden-Württemberg AG
XETRA:EBK
|
$22.58 Billion |
|
Yihai Kerry Arawana Holdings Co Ltd
SHE:300999
|
$22.64 Billion |
|
Centrais Elétricas Brasileiras S.A. - Eletrobrás
F:L3XC
|
$22.47 Billion |
|
Labcorp Holdings Inc.
MX:LH
|
$22.45 Billion |
|
Amadeus IT Group S.A.
MC:AMS
|
$22.44 Billion |
|
Darden Restaurants Inc
NYSE:DRI
|
$22.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Centrais Elétricas Brasileiras S.A. - Eletrobrás's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 112,333,372,000 to 121,863,225,000, a change of 9,529,853,000 (8.5%).
- Net income of 10,378,122,000 contributed positively to equity growth.
- Dividend payments of 1,307,858,000 reduced retained earnings.
- Share repurchases of 115,099,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €10.38 Billion | +8.52% |
| Dividends Paid | €1.31 Billion | -1.07% |
| Share Repurchases | €115.10 Million | -0.09% |
| Other Changes | €574.69 Million | +0.47% |
| Total Change | €- | 8.48% |
Book Value vs Market Value Analysis
This analysis compares Centrais Elétricas Brasileiras S.A. - Eletrobrás'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: 0.19x
- 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 0.33x to 0.19x 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 | €31.29 | €10.20 | x |
| 2018-12-31 | €41.05 | €10.20 | x |
| 2019-12-31 | €52.42 | €10.20 | x |
| 2020-12-31 | €46.83 | €10.20 | x |
| 2021-12-31 | €48.52 | €10.20 | x |
| 2022-12-31 | €48.02 | €10.20 | x |
| 2023-12-31 | €50.02 | €10.20 | x |
| 2024-12-31 | €54.15 | €10.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Centrais Elétricas Brasileiras S.A. - Eletrobrás 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): 8.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.83%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.38x
- Recent ROE (8.52%) is above the historical average (2.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -10.08% | -25.96% | 0.17x | 2.26x | €-12.33 Billion |
| 2014 | -11.01% | -20.66% | 0.21x | 2.56x | €-11.88 Billion |
| 2015 | -27.10% | -35.44% | 0.22x | 3.56x | €-15.61 Billion |
| 2016 | 8.11% | 5.90% | 0.36x | 3.86x | €-835.82 Million |
| 2017 | -4.17% | -4.66% | 0.22x | 4.09x | €-6.00 Billion |
| 2018 | 23.88% | 53.10% | 0.14x | 3.26x | €7.71 Billion |
| 2019 | 15.09% | 38.58% | 0.16x | 2.50x | €3.61 Billion |
| 2020 | 8.69% | 21.96% | 0.16x | 2.44x | €-960.52 Million |
| 2021 | 7.51% | 15.19% | 0.20x | 2.47x | €-1.90 Billion |
| 2022 | 3.29% | 10.68% | 0.13x | 2.45x | €-7.41 Billion |
| 2023 | 4.05% | 12.24% | 0.14x | 2.38x | €-6.68 Billion |
| 2024 | 8.52% | 25.83% | 0.14x | 2.38x | €-1.81 Billion |
Industry Comparison
This section compares Centrais Elétricas Brasileiras S.A. - Eletrobrás's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $37,313,730,730
- Average return on equity (ROE) among peers: 9.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Centrais Elétricas Brasileiras S.A. - Eletrobrás (L3XB) | €109.34 Billion | -10.08% | 1.44x | $22.48 Billion |
| ALTEO ENERG.NYIL M.UF125 (54O) | $19.01 Billion | 30.80% | 2.20x | $218.46 Million |
| China Longyuan Power Group Corporation Limited (6WX) | $44.57 Billion | 6.46% | 2.00x | $2.75 Billion |
| TIDEWATER RENEWABLES LTD (7GZ) | $155.20 Million | 2.26% | 1.56x | $178.57 Million |
| Engie Brasil Energia S.A (7TE1) | $8.44 Billion | 31.55% | 3.52x | $6.35 Billion |
| Clearwise AG (ABO) | $33.29 Million | -11.60% | 5.18x | $100.98 Million |
| Carnegie Clean Energy Limited (CNM1) | $19.24 Million | -12.10% | 0.43x | $14.42 Million |
| CN YANGT.PWR GDR REG S/A (CYZB) | $256.02 Billion | 9.27% | 1.26x | $71.93 Billion |
| China Datang Corporation Renewable Power Co. Limited (DT7) | $31.14 Billion | 5.88% | 2.18x | $453.22 Million |
| China Datang Corporation Renewable Power Co. Limited (DT7) | $13.71 Billion | 1.45% | 4.02x | $459.07 Million |
| Energiekontor AG (EKT) | $42.66 Million | 31.76% | 7.23x | $554.63 Million |
About Centrais Elétricas Brasileiras S.A. - Eletrobrás
AXIA Energia SA, through its subsidiaries, engages in the generation, transmission, and commercialization of electricity in Brazil. The company generates electricity through hydroelectric, thermoelectric, nuclear, wind, and solar plants. It also owns and operates 44 hydroelectric plants with a total capacity of 42,293.5 megawatt (MW); and 66,539.17 kilometers of transmission lines. AXIA Energia S… Read more