Grupo Nacional Provincial S.A.B (GNP) - Net Assets

Latest as of March 2026: MX$20.92 Billion MXN ≈ $1.20 Billion USD

Based on the latest financial reports, Grupo Nacional Provincial S.A.B (GNP) has net assets worth MX$20.92 Billion MXN (≈ $1.20 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 (MX$285.79 Billion ≈ $16.45 Billion USD) and total liabilities (MX$264.87 Billion ≈ $15.24 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. Also explore Grupo Nacional Provincial S.A.B asset portfolio for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	MX$20.92 Billion
% of Total Assets	7.32%
Annual Growth Rate	7.85%
5-Year Change	45.14%
10-Year Change	98.78%
Growth Volatility	23.72

Grupo Nacional Provincial S.A.B - Net Assets Trend (2000–2025)

This chart illustrates how Grupo Nacional Provincial S.A.B's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Grupo Nacional Provincial S.A.B to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Grupo Nacional Provincial S.A.B (2000–2025)

The table below shows the annual net assets of Grupo Nacional Provincial S.A.B from 2000 to 2025. For live valuation and market cap data, see how much is Grupo Nacional Provincial S.A.B worth.

Year	Net Assets	Change
2025-12-31	MX$22.53 Billion ≈ $1.30 Billion	+19.74%
2024-12-31	MX$18.82 Billion ≈ $1.08 Billion	+2.72%
2023-12-31	MX$18.32 Billion ≈ $1.05 Billion	+23.14%
2022-12-31	MX$14.88 Billion ≈ $856.12 Million	-4.17%
2021-12-31	MX$15.52 Billion ≈ $893.41 Million	-6.41%
2020-12-31	MX$16.59 Billion ≈ $954.59 Million	+13.25%
2019-12-31	MX$14.65 Billion ≈ $842.88 Million	+8.62%
2018-12-31	MX$13.48 Billion ≈ $776.01 Million	+7.06%
2017-12-31	MX$12.60 Billion ≈ $724.85 Million	+11.12%
2016-12-31	MX$11.34 Billion ≈ $652.33 Million	+83.80%
2015-12-31	MX$6.17 Billion ≈ $354.91 Million	-4.08%
2014-12-31	MX$6.43 Billion ≈ $369.99 Million	+3.54%
2013-12-31	MX$6.21 Billion ≈ $357.33 Million	-3.26%
2012-12-31	MX$6.42 Billion ≈ $369.36 Million	+4.02%
2011-12-31	MX$6.17 Billion ≈ $355.09 Million	+5.51%
2010-12-31	MX$5.85 Billion ≈ $336.55 Million	+5.62%
2009-12-31	MX$5.54 Billion ≈ $318.66 Million	+6.44%
2008-12-31	MX$5.20 Billion ≈ $299.38 Million	+19.85%
2007-12-31	MX$4.34 Billion ≈ $249.79 Million	+34.00%
2006-12-31	MX$3.24 Billion ≈ $186.40 Million	+19.02%
2005-12-31	MX$2.72 Billion ≈ $156.61 Million	-33.96%
2004-12-31	MX$4.12 Billion ≈ $237.16 Million	+25.29%
2003-12-31	MX$3.29 Billion ≈ $189.29 Million	+51.24%
2001-12-31	MX$2.17 Billion ≈ $125.16 Million	-36.11%
2000-12-31	MX$3.40 Billion ≈ $195.88 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Grupo Nacional Provincial S.A.B'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 904.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	MX$14.44 Billion	64.09%
Other Components	MX$8.09 Billion	35.91%
Total Equity	MX$22.53 Billion	100.00%

Grupo Nacional Provincial S.A.B Competitors by Market Cap

The table below lists competitors of Grupo Nacional Provincial S.A.B ranked by their market capitalization.

Company	Market Cap
Droneshield Ltd AU:DRO	$1.42 Billion
Beijing Gehua CATV Network Co Ltd SHG:600037	$1.42 Billion
J & J Snack Foods Corp NASDAQ:JJSF	$1.42 Billion
Harrow Health Inc NASDAQ:HROW	$1.42 Billion
Med Life SA RO:M	$1.42 Billion
Sunwave Communications Co Ltd SHE:002115	$1.42 Billion
Fujian Snowman Co Ltd SHE:002639	$1.42 Billion
HuBei SanFeng Intelligent Conveying Equipment Co Ltd SHE:300276	$1.41 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Grupo Nacional Provincial S.A.B's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 18,817,000,000 to 22,531,000,000, a change of 3,714,000,000 (19.7%).
Net income of 1,469,000,000 contributed positively to equity growth.
Dividend payments of 1,780,000,000 reduced retained earnings.
Other factors increased equity by 4,025,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	MX$1.47 Billion	+6.52%
Dividends Paid	MX$1.78 Billion	-7.9%
Other Changes	MX$4.03 Billion	+17.86%
Total Change	MX$-	19.74%

Book Value vs Market Value Analysis

This analysis compares Grupo Nacional Provincial S.A.B'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: 1.09x
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 1.95x to 1.09x 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$56.29	MX$110.00	x
2018-12-31	MX$60.26	MX$110.00	x
2019-12-31	MX$65.46	MX$110.00	x
2020-12-31	MX$74.13	MX$110.00	x
2021-12-31	MX$69.38	MX$110.00	x
2022-12-31	MX$66.48	MX$110.00	x
2023-12-31	MX$81.87	MX$110.00	x
2024-12-31	MX$84.10	MX$110.00	x
2025-12-31	MX$100.70	MX$110.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Grupo Nacional Provincial S.A.B 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): 6.52%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.26%
• Asset Turnover: 0.41x
• Equity Multiplier: 12.55x
Recent ROE (6.52%) is below the historical average (16.31%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	12.05%	1.93%	0.68x	9.23x	MX$44.64 Million
2003	19.09%	3.92%	0.52x	9.32x	MX$299.06 Million
2004	24.20%	5.34%	0.53x	8.56x	MX$585.05 Million
2005	21.85%	2.94%	0.45x	16.43x	MX$322.39 Million
2007	17.67%	3.24%	0.52x	10.47x	MX$332.90 Million
2008	17.57%	3.89%	0.43x	10.41x	MX$393.80 Million
2009	18.08%	3.95%	0.47x	9.77x	MX$447.59 Million
2010	11.75%	2.71%	0.45x	9.63x	MX$102.00 Million
2011	11.33%	2.63%	0.40x	10.70x	MX$82.10 Million
2012	10.33%	2.31%	0.40x	11.20x	MX$21.20 Million
2013	12.72%	2.50%	0.40x	12.86x	MX$169.10 Million
2014	3.47%	0.66%	0.36x	14.46x	MX$-419.90 Million
2015	2.72%	0.41%	0.37x	17.61x	MX$-448.70 Million
2016	18.74%	4.41%	0.34x	12.55x	MX$990.60 Million
2017	21.19%	4.98%	0.35x	12.13x	MX$1.41 Billion
2018	23.99%	5.62%	0.38x	11.22x	MX$1.89 Billion
2019	30.28%	6.86%	0.38x	11.75x	MX$2.97 Billion
2020	22.57%	5.37%	0.36x	11.77x	MX$2.08 Billion
2021	10.42%	2.15%	0.37x	12.97x	MX$65.70 Million
2022	17.70%	3.19%	0.42x	13.37x	MX$1.15 Billion
2023	21.89%	4.33%	0.43x	11.70x	MX$2.18 Billion
2024	18.94%	3.34%	0.43x	13.07x	MX$1.68 Billion
2025	6.52%	1.26%	0.41x	12.55x	MX$-784.10 Million

Industry Comparison

This section compares Grupo Nacional Provincial S.A.B's net assets metrics with peer companies in the Insurance - Diversified industry.

Industry Context

Industry: Insurance - Diversified
Average net assets among peers: $3,619,363,000
Average return on equity (ROE) among peers: 1.28%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Grupo Nacional Provincial S.A.B (GNP)	MX$20.92 Billion	12.05%	12.66x	$1.42 Billion
Peña Verde S.A.B (PV)	$3.62 Billion	1.28%	2.47x	$233.18 Million

About Grupo Nacional Provincial S.A.B

MX:GNP Mexico Insurance - Diversified

Market Cap

$1.42 Billion

MX$24.61 Billion MXN

Market Cap Rank

#7452 Global

#80 in Mexico

Share Price

MX$110.00

Change (1 day)

-4.35%

52-Week Range

MX$110.00 - MX$123.00

All Time High

MX$146.00