Companhia Energética de Minas Gerais (CIGN) - Net Assets
Based on the latest financial reports, Companhia Energética de Minas Gerais (CIGN) has net assets worth MX$28.58 Billion MXN (≈ $1.64 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 (MX$67.03 Billion ≈ $3.86 Billion USD) and total liabilities (MX$38.45 Billion ≈ $2.21 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 Companhia Energética de Minas Gerais liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | MX$28.58 Billion |
| % of Total Assets | 42.64% |
| Annual Growth Rate | 7.04% |
| 5-Year Change | 46.86% |
| 10-Year Change | 120.98% |
| Growth Volatility | 7.26 |
Companhia Energética de Minas Gerais - Net Assets Trend (2013–2025)
This chart illustrates how Companhia Energética de Minas Gerais's net assets have evolved over time, based on quarterly financial data. Also explore CIGN total assets for the complete picture of this company's asset base.
Annual Net Assets for Companhia Energética de Minas Gerais (2013–2025)
The table below shows the annual net assets of Companhia Energética de Minas Gerais from 2013 to 2025. For live valuation and market cap data, see Companhia Energética de Minas Gerais (CIGN) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | MX$28.58 Billion ≈ $1.64 Billion |
+4.38% |
| 2024-12-31 | MX$27.38 Billion ≈ $1.58 Billion |
+11.06% |
| 2023-12-31 | MX$24.66 Billion ≈ $1.42 Billion |
+13.18% |
| 2022-12-31 | MX$21.78 Billion ≈ $1.25 Billion |
+11.93% |
| 2021-12-31 | MX$19.46 Billion ≈ $1.12 Billion |
+11.35% |
| 2020-12-31 | MX$17.48 Billion ≈ $1.01 Billion |
+9.99% |
| 2019-12-31 | MX$15.89 Billion ≈ $914.53 Million |
-0.30% |
| 2018-12-31 | MX$15.94 Billion ≈ $917.29 Million |
+11.23% |
| 2017-12-31 | MX$14.33 Billion ≈ $824.70 Million |
+10.79% |
| 2016-12-31 | MX$12.93 Billion ≈ $744.36 Million |
-0.41% |
| 2015-12-31 | MX$12.99 Billion ≈ $747.44 Million |
+15.09% |
| 2014-12-31 | MX$11.28 Billion ≈ $649.45 Million |
-10.71% |
| 2013-12-31 | MX$12.64 Billion ≈ $727.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Companhia Energética de Minas Gerais'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 | MX$28.58 Billion | 100.00% |
| Total Equity | MX$28.58 Billion | 100.00% |
Companhia Energética de Minas Gerais Competitors by Market Cap
The table below lists competitors of Companhia Energética de Minas Gerais ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Capital Securities Co Ltd Class A
SHE:002797
|
$4.69 Billion |
|
Capital Financial Indonesia Tbk PT
JK:CASA
|
$4.69 Billion |
|
Guoyuan Securities Co Ltd
SHE:000728
|
$4.69 Billion |
|
Fujian Anjoy Foods Co Ltd
SHG:603345
|
$4.69 Billion |
|
Hunan Valin Steel Co Ltd
SHE:000932
|
$4.69 Billion |
|
Scholar Rock Holding Corp
NASDAQ:SRRK
|
$4.69 Billion |
|
Ufp Industries Inc
NASDAQ:UFPI
|
$4.69 Billion |
|
Taiwan High Speed Rail Corp
TW:2633
|
$4.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Companhia Energética de Minas Gerais's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 27,377,000,000 to 28,576,380,000, a change of 1,199,380,000 (4.4%).
- Net income of 4,897,409,000 contributed positively to equity growth.
- Dividend payments of 3,968,306,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$4.90 Billion | +17.14% |
| Dividends Paid | MX$3.97 Billion | -13.89% |
| Other Changes | MX$270.28 Million | +0.95% |
| Total Change | MX$- | 4.38% |
Book Value vs Market Value Analysis
This analysis compares Companhia Energética de Minas Gerais'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: 4.29x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.06x to 4.29x 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 | MX$8.46 | MX$42.81 | x |
| 2018-12-31 | MX$8.61 | MX$42.81 | x |
| 2019-12-31 | MX$9.39 | MX$42.81 | x |
| 2020-12-31 | MX$10.32 | MX$42.81 | x |
| 2021-12-31 | MX$8.84 | MX$42.81 | x |
| 2022-12-31 | MX$9.90 | MX$42.81 | x |
| 2023-12-31 | MX$8.62 | MX$42.81 | x |
| 2024-12-31 | MX$9.57 | MX$42.81 | x |
| 2025-12-31 | MX$9.99 | MX$42.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Companhia Energética de Minas Gerais 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): 17.14%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.63%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 2.35x
- Recent ROE (17.14%) is below the historical average (17.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 24.56% | 21.22% | 0.49x | 2.36x | MX$1.84 Billion |
| 2014 | 27.80% | 16.05% | 0.56x | 3.10x | MX$2.01 Billion |
| 2015 | 19.01% | 11.29% | 0.54x | 3.15x | MX$1.17 Billion |
| 2016 | 2.58% | 1.78% | 0.45x | 3.25x | MX$-959.00 Million |
| 2017 | 6.99% | 4.61% | 0.51x | 2.95x | MX$-431.60 Million |
| 2018 | 11.95% | 7.82% | 0.37x | 4.11x | MX$284.10 Million |
| 2019 | 19.68% | 12.32% | 0.51x | 3.14x | MX$1.54 Billion |
| 2020 | 16.39% | 11.35% | 0.47x | 3.10x | MX$1.12 Billion |
| 2021 | 19.28% | 11.15% | 0.65x | 2.67x | MX$1.81 Billion |
| 2022 | 18.79% | 11.87% | 0.64x | 2.46x | MX$1.91 Billion |
| 2023 | 23.38% | 16.69% | 0.63x | 2.23x | MX$3.30 Billion |
| 2024 | 26.00% | 18.08% | 0.66x | 2.18x | MX$4.38 Billion |
| 2025 | 17.14% | 11.63% | 0.63x | 2.35x | MX$2.04 Billion |
Industry Comparison
This section compares Companhia Energética de Minas Gerais's net assets metrics with peer companies in the Utilities - Diversified industry.
No peer company data available for comparison.
About Companhia Energética de Minas Gerais
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2024, the company operated 36 hydro plants with a total capacity of 4,449.0 MW, 2 wind farms with a total capacity of 70.8 MW, and 10 photovoltaic power stations with a total capacity of 158.99 MW; 357,044 miles of distribu… Read more