Grupo Simec S.A.B. de C.V Net Assets
Grupo Simec S.A.B. de C.V net assets. Based on the latest financial reports, Grupo Simec S.A.B. de C.V (SIMECB) has net assets worth MX$61.18 Billion MXN (≈ $3.52 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$73.02 Billion ≈ $4.20 Billion USD) and total liabilities (MX$11.85 Billion ≈ $681.73 Million 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 net asset growth rate of Grupo Simec S.A.B. de C.V to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | MX$61.18 Billion |
| % of Total Assets | 83.78% |
| Annual Growth Rate | 17.39% |
| 5-Year Change | 39.33% |
| 10-Year Change | 78.81% |
| Growth Volatility | 49.03 |
Net Assets of Grupo Simec S.A.B. de C.V (2000–2025)
Net assets of Grupo Simec S.A.B. de C.V from 2000 to 2025. This chart illustrates how Grupo Simec S.A.B. de C.V's net assets have evolved over time, based on quarterly financial data. See SIMECB net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Grupo Simec S.A.B. de C.V (2000–2025)
The table below shows the annual net assets of Grupo Simec S.A.B. de C.V from 2000 to 2025. For live market cap and overall valuation, see SIMECB market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | MX$59.38 Billion ≈ $3.42 Billion |
+0.24% |
| 2024-12-31 | MX$59.24 Billion ≈ $3.41 Billion |
+18.95% |
| 2023-12-31 | MX$49.81 Billion ≈ $2.87 Billion |
+3.77% |
| 2022-12-31 | MX$47.99 Billion ≈ $2.76 Billion |
+12.60% |
| 2021-12-31 | MX$42.62 Billion ≈ $2.45 Billion |
+24.57% |
| 2020-12-31 | MX$34.22 Billion ≈ $1.97 Billion |
+4.93% |
| 2019-12-31 | MX$32.61 Billion ≈ $1.88 Billion |
-8.16% |
| 2018-12-31 | MX$35.51 Billion ≈ $2.04 Billion |
+4.06% |
| 2017-12-31 | MX$34.12 Billion ≈ $1.96 Billion |
+2.75% |
| 2016-12-31 | MX$33.21 Billion ≈ $1.91 Billion |
+32.20% |
| 2015-12-31 | MX$25.12 Billion ≈ $1.45 Billion |
-9.57% |
| 2014-12-31 | MX$27.78 Billion ≈ $1.60 Billion |
+5.73% |
| 2013-12-31 | MX$26.27 Billion ≈ $1.51 Billion |
+2.37% |
| 2012-12-31 | MX$25.67 Billion ≈ $1.48 Billion |
+5.76% |
| 2011-12-31 | MX$24.27 Billion ≈ $1.40 Billion |
+18.63% |
| 2010-12-31 | MX$20.46 Billion ≈ $1.18 Billion |
-7.00% |
| 2009-12-31 | MX$22.00 Billion ≈ $1.27 Billion |
+3.25% |
| 2008-12-31 | MX$21.31 Billion ≈ $1.23 Billion |
+23.50% |
| 2007-12-31 | MX$17.25 Billion ≈ $992.86 Million |
+37.96% |
| 2006-12-31 | MX$12.51 Billion ≈ $719.67 Million |
+30.72% |
| 2005-12-31 | MX$9.57 Billion ≈ $550.55 Million |
+45.30% |
| 2004-12-31 | MX$6.58 Billion ≈ $378.90 Million |
+42.31% |
| 2003-12-31 | MX$4.63 Billion ≈ $266.25 Million |
+23.79% |
| 2002-12-31 | MX$3.74 Billion ≈ $215.09 Million |
+246.59% |
| 2000-12-31 | MX$1.08 Billion ≈ $62.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Grupo Simec S.A.B. de C.V'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 6423.8% over the analyzed period, indicating profitable operations and earnings retention.
Grupo Simec S.A.B. de C.V Net Assets Breakdown (December 2025)
Grupo Simec S.A.B. de C.V net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | MX$54.41 Billion | 91.65% |
| Other Components | MX$4.96 Billion | 8.35% |
| Total Equity | MX$59.37 Billion | 100.00% |
Grupo Simec S.A.B. de C.V Competitors by Market Cap
The table below lists competitors of Grupo Simec S.A.B. de C.V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Algonquin Power & Utilities Corp
TO:AQN
|
$4.24 Billion |
|
Capricorn Metals Ltd
AU:CMM
|
$4.24 Billion |
|
Wuhan Jingce Electronic Technology Co Ltd
SHE:300567
|
$4.24 Billion |
|
Offshore Oil Engineering Co Ltd
SHG:600583
|
$4.24 Billion |
|
Warrior Met Coal Inc
NYSE:HCC
|
$4.24 Billion |
|
Vontier Corp
NYSE:VNT
|
$4.24 Billion |
|
Guoyuan Securities Co Ltd
SHE:000728
|
$4.23 Billion |
|
BILIBILI INC. DL -0001
F:71BB
|
$4.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grupo Simec S.A.B. de C.V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 59,213,788,000 to 59,365,502,000, a change of 151,714,000 (0.3%).
- Net income of 10,487,818,000 contributed positively to equity growth.
- Share repurchases of 115,778,000 reduced equity.
- Other factors decreased equity by 10,220,326,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$10.49 Billion | +17.67% |
| Share Repurchases | MX$115.78 Million | -0.2% |
| Other Changes | MX$-10.22 Billion | -17.22% |
| Total Change | MX$- | 0.26% |
Book Value vs Market Value Analysis
This analysis compares Grupo Simec S.A.B. de C.V'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: 1.24x
- 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 2.31x to 1.24x 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$69.29 | MX$160.00 | x |
| 2018-12-31 | MX$76.79 | MX$160.00 | x |
| 2019-12-31 | MX$70.23 | MX$160.00 | x |
| 2020-12-31 | MX$73.81 | MX$160.00 | x |
| 2021-12-31 | MX$92.06 | MX$160.00 | x |
| 2022-12-31 | MX$103.77 | MX$160.00 | x |
| 2023-12-31 | MX$107.82 | MX$160.00 | x |
| 2024-12-31 | MX$128.45 | MX$160.00 | x |
| 2025-12-31 | MX$128.96 | MX$160.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grupo Simec S.A.B. de C.V utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.67%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.16%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.20x
- Recent ROE (17.67%) is above the historical average (10.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 3.28% | 5.59% | 0.40x | 1.45x | MX$-250.96 Million |
| 2003 | 6.33% | 10.52% | 0.46x | 1.30x | MX$-169.64 Million |
| 2004 | 21.36% | 24.75% | 0.64x | 1.36x | MX$748.04 Million |
| 2005 | 16.36% | 9.87% | 0.89x | 1.87x | MX$494.58 Million |
| 2006 | 20.35% | 9.27% | 1.30x | 1.69x | MX$1.07 Billion |
| 2007 | 10.29% | 6.34% | 1.06x | 1.54x | MX$42.87 Million |
| 2008 | 9.88% | 5.10% | 1.14x | 1.69x | MX$-22.18 Million |
| 2009 | 6.52% | 6.56% | 0.64x | 1.56x | MX$-676.74 Million |
| 2010 | 4.84% | 3.68% | 0.91x | 1.45x | MX$-963.79 Million |
| 2011 | 12.95% | 9.78% | 0.94x | 1.42x | MX$652.70 Million |
| 2012 | 8.69% | 7.01% | 0.91x | 1.36x | MX$-311.59 Million |
| 2013 | 6.08% | 6.22% | 0.73x | 1.33x | MX$-978.12 Million |
| 2014 | 4.45% | 4.49% | 0.75x | 1.33x | MX$-1.50 Billion |
| 2015 | -4.57% | -4.96% | 0.76x | 1.21x | MX$-3.87 Billion |
| 2016 | 8.66% | 10.48% | 0.66x | 1.25x | MX$-446.70 Million |
| 2017 | 5.03% | 6.00% | 0.63x | 1.33x | MX$-1.70 Billion |
| 2018 | 10.20% | 10.24% | 0.73x | 1.36x | MX$70.11 Million |
| 2019 | -5.02% | -4.79% | 0.78x | 1.35x | MX$-4.89 Billion |
| 2020 | 12.23% | 11.62% | 0.77x | 1.37x | MX$760.89 Million |
| 2021 | 24.02% | 18.39% | 0.98x | 1.33x | MX$5.97 Billion |
| 2022 | 16.06% | 14.22% | 0.80x | 1.41x | MX$2.91 Billion |
| 2023 | 8.60% | 10.41% | 0.62x | 1.34x | MX$-695.16 Million |
| 2024 | 17.71% | 31.16% | 0.46x | 1.24x | MX$4.57 Billion |
| 2025 | 17.67% | 31.16% | 0.47x | 1.20x | MX$4.55 Billion |
Industry Comparison
This section compares Grupo Simec S.A.B. de C.V's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $32,387,287,000
- Average return on equity (ROE) among peers: 17.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grupo Simec S.A.B. de C.V (SIMECB) | MX$61.18 Billion | 3.28% | 0.19x | $4.24 Billion |
| G Collado S.A.B. de C.V (COLLADO) | $444.33 Million | 0.00% | 8.69x | $86.35 Million |
| Gerdau S.A (GGBN) | $46.30 Billion | 24.68% | 0.59x | $6.39 Billion |
| Industrias CH S. A. B. de C. V (ICHB) | $71.56 Billion | 13.12% | 0.17x | $4.02 Billion |
| Companhia Siderúrgica Nacional (SIDN) | $11.25 Billion | 33.72% | 4.60x | $1.81 Billion |
About Grupo Simec S.A.B. de C.V
Grupo Simec, S.A.B. de C.V. produces, processes, and distributes special steels and structural steel profiles in Mexico, the United States, Canada, and Brazil. It offers steel wire and derivatives, special bar quality steel, rebar, and commercial and structural long products. The company was founded in 1969 and is headquartered in Guadalajara, Mexico. Grupo Simec, S.A.B. de C.V. is a subsidiary o… Read more