USIMINAS PFD ADR/10000 (U1S0) - Net Assets
Based on the latest financial reports, USIMINAS PFD ADR/10000 (U1S0) has net assets worth €23.41 Billion EUR (≈ $27.37 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€34.75 Billion ≈ $40.63 Billion USD) and total liabilities (€11.35 Billion ≈ $13.27 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. Explore USIMINAS PFD ADR/10000 (U1S0) cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €23.41 Billion |
| % of Total Assets | 67.35% |
| Annual Growth Rate | -2.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 6.05 |
USIMINAS PFD ADR/10000 - Net Assets Trend (2022–2025)
This chart illustrates how USIMINAS PFD ADR/10000's net assets have evolved over time, based on quarterly financial data. Also explore U1S0 total assets for the complete picture of this company's asset base.
Annual Net Assets for USIMINAS PFD ADR/10000 (2022–2025)
The table below shows the annual net assets of USIMINAS PFD ADR/10000 from 2022 to 2025. For live valuation and market cap data, see U1S0 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €23.70 Billion ≈ $27.71 Billion |
-11.18% |
| 2024-12-31 | €26.68 Billion ≈ $31.20 Billion |
+0.51% |
| 2023-12-31 | €26.55 Billion ≈ $31.04 Billion |
+2.56% |
| 2022-12-31 | €25.89 Billion ≈ $30.27 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to USIMINAS PFD ADR/10000'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €20.81 Billion | 100.00% |
| Total Equity | €20.81 Billion | 100.00% |
USIMINAS PFD ADR/10000 Competitors by Market Cap
The table below lists competitors of USIMINAS PFD ADR/10000 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Minerva S.A
SA:BEEF3
|
$753.70 Million |
|
Chengdu Xiling Power Science & Technology Incorporated Co Class A
SHE:300733
|
$753.70 Million |
|
Zhejiang Tieliu Clutch Co Ltd
SHG:603926
|
$753.90 Million |
|
Fujian Raynen Tech Co Ltd
SHG:603933
|
$754.40 Million |
|
Jilin Liyuan Precision Manufacturing Co Ltd
SHE:002501
|
$753.24 Million |
|
Jiangsu Wuyang Parking Industry Group Co Ltd
SHE:300420
|
$753.10 Million |
|
Chipsea Technologies Shenzhen Corp Ltd
SHG:688595
|
$752.96 Million |
|
Yan Tai Shuang Ta Food Co Ltd
SHE:002481
|
$752.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in USIMINAS PFD ADR/10000's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 23,881,787,000 to 20,813,879,000, a change of -3,067,908,000 (-12.8%).
- Net loss of 3,078,192,000 reduced equity.
- Dividend payments of 42,743,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.08 Billion | -14.79% |
| Dividends Paid | €42.74 Million | -0.21% |
| Other Changes | €53.03 Million | +0.25% |
| Total Change | €- | -12.85% |
Book Value vs Market Value Analysis
This analysis compares USIMINAS PFD ADR/10000'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: 0.07x
- 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 |
|---|---|---|---|
| 2022-12-31 | €18.81 | €1.22 | x |
| 2023-12-31 | €19.38 | €1.22 | x |
| 2024-12-31 | €19.40 | €1.22 | x |
| 2025-12-31 | €16.91 | €1.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently USIMINAS PFD ADR/10000 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): -14.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.72%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.71x
- Recent ROE (-14.79%) is below the historical average (-0.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 6.98% | 4.98% | 0.81x | 1.73x | €-699.96 Million |
| 2023 | 5.83% | 5.03% | 0.69x | 1.68x | €-994.64 Million |
| 2024 | -0.61% | -0.56% | 0.65x | 1.67x | €-2.53 Billion |
| 2025 | -14.79% | -11.72% | 0.74x | 1.71x | €-5.16 Billion |
Industry Comparison
This section compares USIMINAS PFD ADR/10000's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $23,476,486,700
- Average return on equity (ROE) among peers: 9.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| USIMINAS PFD ADR/10000 (U1S0) | €23.41 Billion | 6.98% | 0.48x | $753.29 Million |
| Tiangong International Company Limited (34T1) | $3.88 Billion | 1.87% | 1.16x | $1.09 Billion |
| Zanaga Iron Ore Company Limited (6ZA) | $37.58 Million | -4.85% | 0.00x | $22.87 Million |
| Aperam SA (7AA) | $3.39 Billion | 18.43% | 0.84x | $3.49 Billion |
| APERAM S.A. NY SHS/1 O.N. (7AAN) | $3.21 Billion | 0.28% | 0.61x | $3.49 Billion |
| ACERINOX ADR 1/2/EO-25 (ACE) | $2.46 Billion | 9.26% | 1.48x | $3.22 Billion |
| ArcelorMittal SA (ARRD) | $7.59 Billion | 61.94% | 1.52x | $39.90 Billion |
| BCI Minerals Limited (BC3) | $431.46 Million | 2.17% | 0.43x | $628.64 Million |
| Chongqing Iron & Steel Company Limited (CGP) | $19.40 Billion | 4.77% | 0.39x | $66.69 Million |
| Da Ming International Holdings Limited (DM7) | $2.84 Billion | -1.25% | 3.38x | $95.52 Million |
| EREGLI DEM CEL FABR DL1 (EDVA) | $191.53 Billion | 2.11% | 0.62x | $3.00 Billion |
About USIMINAS PFD ADR/10000
Usinas Siderúrgicas de Minas Gerais S.A. manufactures and sells steel products in Brazil and internationally. It operates in two segments, Mining and Logistics, and Steelmaking. The company extracts and process iron ore, such as pellet and sinter feed, and granulated iron ore; provides storage and handling of iron ore and steel products, as well as road cargo transportation services; and operates… Read more