Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (PWD1) - Net Assets

Latest as of December 2025: €2.22 Trillion EUR ≈ $2.60 Trillion USD

Based on the latest financial reports, Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (PWD1) has net assets worth €2.22 Trillion EUR (≈ $2.60 Trillion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.76 Trillion ≈ $6.73 Trillion USD) and total liabilities (€3.54 Trillion ≈ $4.13 Trillion 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 Empresa Distribuidora y Comercializadora (PWD1) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€2.22 Trillion
% of Total Assets	38.6%
Annual Growth Rate	163.61%
5-Year Change	2916.4%
10-Year Change	N/A
Growth Volatility	854.43

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima - Net Assets Trend (2016–2025)

This chart illustrates how Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's net assets have evolved over time, based on quarterly financial data. See how many days can Empresa Distribuidora y Comercializadora fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (2016–2025)

The table below shows the annual net assets of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima from 2016 to 2025. For live valuation and market cap data, see market cap of Empresa Distribuidora y Comercializadora.

Year	Net Assets	Change
2025-12-31	€2.22 Trillion ≈ $2.60 Trillion	+47.50%
2024-12-31	€1.51 Trillion ≈ $1.76 Trillion	+243.44%
2023-12-31	€438.81 Billion ≈ $513.02 Billion	+249.19%
2022-12-31	€125.67 Billion ≈ $146.92 Billion	+70.52%
2021-12-31	€73.69 Billion ≈ $86.16 Billion	+17.16%
2020-12-31	€62.90 Billion ≈ $73.53 Billion	+6.33%
2019-12-31	€59.15 Billion ≈ $69.15 Billion	+91.00%
2018-12-31	€30.97 Billion ≈ $36.21 Billion	+2819.22%
2017-12-31	€1.06 Billion ≈ $1.24 Billion	+193.19%
2016-12-31	€361.83 Million ≈ $423.02 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Empresa Distribuidora y Comercializadora Norte Sociedad Anónima'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 grown by 24017531200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€239.24 Billion	10.76%
Other Components	€1.98 Trillion	89.24%
Total Equity	€2.22 Trillion	100.00%

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima Competitors by Market Cap

The table below lists competitors of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima ranked by their market capitalization.

Company	Market Cap
SI-TECH Information Technology Co Ltd SHE:300608	$582.62 Million
Anhui Landun Photoelectron Co Ltd SHE:300862	$582.72 Million
Ironwood Pharmaceuticals Inc NASDAQ:IRWD	$582.73 Million
Shenzhen Haoningda Meters Co Ltd SHE:002356	$583.31 Million
Forum Energy Technologies Inc NYSE:FET	$582.40 Million
JL MAG RARE-EARTH H YC1 F:3KLA	$581.86 Million
Zhejiang Jinlihua Electric Co SHE:300069	$581.76 Million
BridgeBio Oncology Therapeutics, Inc. NASDAQ:BBOT	$581.58 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,507,065,000,000 to 2,222,906,000,000, a change of 715,841,000,000 (47.5%).
Net income of 239,236,000,000 contributed positively to equity growth.
Other factors increased equity by 476,605,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€239.24 Billion	+10.76%
Other Changes	€476.61 Billion	+21.44%
Total Change	€-	47.50%

Book Value vs Market Value Analysis

This analysis compares Empresa Distribuidora y Comercializadora Norte Sociedad Anónima'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: 0.01x
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 20.50x to 0.01x 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	€1.18	€24.20	x
2018-12-31	€35.07	€24.20	x
2019-12-31	€67.60	€24.20	x
2020-12-31	€69.39	€24.20	x
2021-12-31	€84.19	€24.20	x
2022-12-31	€143.54	€24.20	x
2023-12-31	€501.15	€24.20	x
2024-12-31	€1721.02	€24.20	x
2025-12-31	€2538.48	€24.20	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Empresa Distribuidora y Comercializadora Norte Sociedad Anónima 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): 10.76%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.00%
• Asset Turnover: 0.52x
• Equity Multiplier: 2.59x
Recent ROE (10.76%) is above the historical average (-20.89%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	-328.51%	-9.09%	0.69x	52.33x	€-1.22 Billion
2017	64.31%	2.80%	0.96x	23.85x	€576.10 Million
2018	13.88%	7.68%	0.73x	2.49x	€1.20 Billion
2019	20.51%	13.49%	0.75x	2.02x	€6.22 Billion
2020	-28.14%	-19.38%	0.61x	2.37x	€-23.99 Billion
2021	-28.96%	-18.81%	0.48x	3.23x	€-28.71 Billion
2022	-13.90%	-8.49%	0.43x	3.82x	€-30.03 Billion
2023	57.38%	12.54%	1.33x	3.44x	€207.89 Billion
2024	23.75%	13.32%	0.68x	2.64x	€207.27 Billion
2025	10.76%	8.00%	0.52x	2.59x	€16.95 Billion

Industry Comparison

This section compares Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's net assets metrics with peer companies in the Utilities - Regulated Electric industry.

Industry Context

Industry: Utilities - Regulated Electric
Average net assets among peers: $4,979,952,858,778
Average return on equity (ROE) among peers: 7.26%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (PWD1)	€2.22 Trillion	-328.51%	1.59x	$582.53 Million
BEIJ.JINGNENG CL.ERG.HYC1 (BJ6)	$37.48 Billion	8.92%	1.70x	$714.57 Million
CENTRAL PUERTO ADR/1 AP1 (C3TA)	$2.62 Trillion	13.24%	0.40x	$2.14 Billion
Companhia Energética de Minas Gerais (CID)	$15.94 Billion	10.93%	2.76x	$3.98 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

About Empresa Distribuidora y Comercializadora Norte Sociedad Anónima

F:PWD1 Germany Utilities - Regulated Electric

Market Cap

$582.53 Million

€498.27 Million EUR

Market Cap Rank

#11611 Global

#1296 in Germany

Share Price

€24.20

Change (1 day)

+2.54%

52-Week Range

€12.60 - €30.40

All Time High

€49.20