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 €118.50 Billion EUR (≈ $138.54 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 (€279.69 Billion ≈ $326.98 Billion USD) and total liabilities (€161.18 Billion ≈ $188.44 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 equity quality of Centrais Elétricas Brasileiras S.A. - El to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €118.50 Billion |
| % of Total Assets | 42.37% |
| Annual Growth Rate | 5.61% |
| 5-Year Change | 55.07% |
| 10-Year Change | 168.93% |
| Growth Volatility | 18.4 |
Centrais Elétricas Brasileiras S.A. - Eletrobrás - Net Assets Trend (2013–2025)
This chart illustrates how Centrais Elétricas Brasileiras S.A. - Eletrobrás's net assets have evolved over time, based on quarterly financial data. See Centrais Elétricas Brasileiras S.A. - El (L3XB) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Centrais Elétricas Brasileiras S.A. - Eletrobrás (2013–2025)
The table below shows the annual net assets of Centrais Elétricas Brasileiras S.A. - Eletrobrás from 2013 to 2025. For live valuation and market cap data, see L3XB market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €118.50 Billion ≈ $138.54 Billion |
-2.87% |
| 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 |
-- |
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 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €118.43 Billion | 100.00% |
| Total Equity | €118.43 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 |
|---|---|
|
ASTELLAS PHARMA UNSP.ADR
F:YPHA
|
$19.55 Billion |
|
Helvetia Holding AG
SW:HELN
|
$19.58 Billion |
|
Joint Stock Commercial Bank for Foreign Trade of Vietnam
VN:VCB
|
$19.62 Billion |
|
Industrias Peñoles S.A.B. de C.V
MX:PE&OLES
|
$19.63 Billion |
|
IHH Healthcare Bhd
KLSE:5225
|
$19.50 Billion |
|
POSCO Holdings Inc
NYSE:PKX
|
$19.50 Billion |
|
Moderna Inc
NASDAQ:MRNA
|
$19.49 Billion |
|
AerCap Holdings N.V
F:R1D
|
$19.49 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 2024 to 2025, total equity changed from 121,863,225,000 to 118,430,137,000, a change of -3,433,088,000 (-2.8%).
- Net income of 6,558,475,000 contributed positively to equity growth.
- Dividend payments of 12,186,149,000 reduced retained earnings.
- Share repurchases of 36,728,000 reduced equity.
- Other factors increased equity by 2,231,314,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €6.56 Billion | +5.54% |
| Dividends Paid | €12.19 Billion | -10.29% |
| Share Repurchases | €36.73 Million | -0.03% |
| Other Changes | €2.23 Billion | +1.88% |
| Total Change | €- | -2.82% |
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: 0.16x
- 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 0.27x to 0.16x 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 | €8.45 | x |
| 2018-12-31 | €41.05 | €8.45 | x |
| 2019-12-31 | €52.42 | €8.45 | x |
| 2020-12-31 | €46.83 | €8.45 | x |
| 2021-12-31 | €48.52 | €8.45 | x |
| 2022-12-31 | €48.02 | €8.45 | x |
| 2023-12-31 | €50.02 | €8.45 | x |
| 2024-12-31 | €54.15 | €8.45 | x |
| 2025-12-31 | €52.67 | €8.45 | 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): 5.54%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.89%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 2.36x
- Recent ROE (5.54%) is above the historical average (2.49%), 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 |
| 2025 | 5.54% | 15.89% | 0.15x | 2.36x | €-5.28 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: $22,402,786,836
- Average return on equity (ROE) among peers: -21.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Centrais Elétricas Brasileiras S.A. - Eletrobrás (L3XB) | €118.50 Billion | -10.08% | 1.36x | $19.52 Billion |
| KIBO ENERGY PLC EO -001 (1I8) | $11.81 Million | -186.29% | 0.21x | $7.36 Million |
| ZH.JIN.ENV.HLDG DL-00001 (3UG) | $8.21 Billion | 8.83% | 1.95x | $510.55 Million |
| ALTEO ENERG.NYIL M.UF125 (54O) | $39.46 Billion | 24.39% | 1.48x | $214.52 Million |
| China Longyuan Power Group Corporation Limited (6WX) | $80.08 Billion | 6.38% | 1.78x | $2.39 Billion |
| CN LGY.PWR.GR.UNSP.ADR/10 (6WX0) | $84.75 Billion | 7.44% | 1.80x | $2.58 Billion |
| Engie Brasil Energia S.A (7TE1) | $7.74 Billion | 36.13% | 3.54x | $6.68 Billion |
| SICHUAN ENG.INV.DEV.H YC1 (84H) | $3.69 Billion | 10.86% | 1.00x | $200.68 Million |
| Clearwise AG (ABO) | $21.89 Million | -18.69% | 6.28x | $95.32 Million |
| REDELFI SPA (B0Z) | $9.22 Million | 2.85% | 0.46x | $128.64 Million |
| Carnegie Clean Energy Limited (CNM1) | $61.23 Million | -103.47% | 0.29x | $12.72 Million |
About Centrais Elétricas Brasileiras S.A. - Eletrobrás
AXIA Energia SA, through its subsidiaries, engages in the generation, transmission, distribution, and commercialization of electricity in Brazil. The company generates electricity through hydroelectric, wind farms, and solar power plants. It also owns hydroelectric plants with a total capacity of 43,072.7 MW; 798.7 MW wind power plants; and 67,030.74 km of transmission lines. The company was form… Read more