Corporacion Acciona Energias Renovables SA (ANE) - Net Assets
Based on the latest financial reports, Corporacion Acciona Energias Renovables SA (ANE) has net assets worth €6.20 Billion EUR (≈ $7.24 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€15.15 Billion ≈ $17.71 Billion USD) and total liabilities (€8.96 Billion ≈ $10.47 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 ANE asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €6.20 Billion |
| % of Total Assets | 40.89% |
| Annual Growth Rate | 14.46% |
| 5-Year Change | 105.27% |
| 10-Year Change | N/A |
| Growth Volatility | 27.1 |
Corporacion Acciona Energias Renovables SA - Net Assets Trend (2018–2024)
This chart illustrates how Corporacion Acciona Energias Renovables SA's net assets have evolved over time, based on quarterly financial data. Also explore how large is Corporacion Acciona Energias Renovables 's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Corporacion Acciona Energias Renovables SA (2018–2024)
The table below shows the annual net assets of Corporacion Acciona Energias Renovables SA from 2018 to 2024. For live valuation and market cap data, see Corporacion Acciona Energias Renovables (ANE) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €6.24 Billion ≈ $7.29 Billion |
-1.61% |
| 2023-12-31 | €6.34 Billion ≈ $7.41 Billion |
+1.25% |
| 2022-12-31 | €6.26 Billion ≈ $7.32 Billion |
+16.93% |
| 2021-12-31 | €5.35 Billion ≈ $6.26 Billion |
+76.22% |
| 2020-12-31 | €3.04 Billion ≈ $3.55 Billion |
+5.11% |
| 2019-12-31 | €2.89 Billion ≈ $3.38 Billion |
+4.24% |
| 2018-12-31 | €2.77 Billion ≈ $3.24 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Corporacion Acciona Energias Renovables SA'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 84.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €357.00 Million | 6.11% |
| Common Stock | €325.00 Million | 5.56% |
| Other Components | €5.16 Billion | 88.33% |
| Total Equity | €5.84 Billion | 100.00% |
Corporacion Acciona Energias Renovables SA Competitors by Market Cap
The table below lists competitors of Corporacion Acciona Energias Renovables SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vicor Corporation
NASDAQ:VICR
|
$7.01 Billion |
|
Hyatt Hotels Corporation
NYSE:H
|
$7.01 Billion |
|
ESCO Technologies Inc
NYSE:ESE
|
$7.01 Billion |
|
B2Gold Corp
TO:BTO
|
$7.01 Billion |
|
HealthEquity Inc
NASDAQ:HQY
|
$7.00 Billion |
|
Enersys
NYSE:ENS
|
$7.00 Billion |
|
Sartorius Aktiengesellschaft
F:SRT
|
$7.00 Billion |
|
Pool Corporation
NASDAQ:POOL
|
$6.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Corporacion Acciona Energias Renovables SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,850,000,000 to 5,843,000,000, a change of -7,000,000 (-0.1%).
- Net income of 357,000,000 contributed positively to equity growth.
- Dividend payments of 188,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 637,000,000.
- Other factors increased equity by 461,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €357.00 Million | +6.11% |
| Dividends Paid | €188.00 Million | -3.22% |
| Other Comprehensive Income | €-637.00 Million | -10.9% |
| Other Changes | €461.00 Million | +7.89% |
| Total Change | €- | -0.12% |
Book Value vs Market Value Analysis
This analysis compares Corporacion Acciona Energias Renovables SA'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: 1.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.96x to 1.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €7.83 | €23.16 | x |
| 2019-12-31 | €8.16 | €23.16 | x |
| 2020-12-31 | €7.94 | €23.16 | x |
| 2021-12-31 | €15.11 | €23.16 | x |
| 2022-12-31 | €15.47 | €23.16 | x |
| 2023-12-31 | €17.91 | €23.16 | x |
| 2024-12-31 | €18.01 | €23.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Corporacion Acciona Energias Renovables SA 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): 6.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.71%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 2.78x
- Recent ROE (6.11%) is below the historical average (7.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 5.20% | 6.08% | 0.26x | 3.32x | €-123.85 Million |
| 2019 | 7.06% | 9.51% | 0.22x | 3.44x | €-79.04 Million |
| 2020 | 7.87% | 11.68% | 0.18x | 3.75x | €-55.75 Million |
| 2021 | 7.30% | 14.68% | 0.23x | 2.14x | €-134.57 Million |
| 2022 | 12.93% | 16.19% | 0.38x | 2.09x | €172.00 Million |
| 2023 | 8.96% | 13.16% | 0.27x | 2.51x | €-61.00 Million |
| 2024 | 6.11% | 11.71% | 0.19x | 2.78x | €-227.30 Million |
Industry Comparison
This section compares Corporacion Acciona Energias Renovables SA's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $559,866,193
- Average return on equity (ROE) among peers: -71.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Corporacion Acciona Energias Renovables SA (ANE) | €6.20 Billion | 5.20% | 1.45x | $7.01 Billion |
| Audax Renovables S.A. (ADX) | $2.57 Billion | 0.01% | 0.39x | $580.70 Million |
| Energía Innovación y Desarrollo Fotovoltaico S.A. (EIDF) | $34.33 Million | -7.58% | 5.64x | $33.96 Million |
| Grupo Ecoener S.A. (ENER) | $150.87 Million | 6.44% | 4.45x | $278.96 Million |
| Holaluz-Clidom S.A (HLZ) | $19.67 Million | -26.03% | 13.11x | $24.26 Million |
| Solaria Energía y Medio Ambiente S.A (SLR) | $23.30 Million | -328.84% | 8.54x | $1.90 Billion |
About Corporacion Acciona Energias Renovables SA
Corporación Acciona Energías Renovables, S.A. engages in the promotion, construction, operation, maintenance, and development of renewable energy projects in Spain and internationally. The company operates onshore wind, photovoltaic solar, solar thermal, biomass, hydraulic, and energy storage renewable technology projects. It is also involved in renewable energy supply, green hydrogen, energy eff… Read more