Companhia Energetica de Minas Gerais CEMIG Pref ADR (CIG) - Net Assets
Based on the latest financial reports, Companhia Energetica de Minas Gerais CEMIG Pref ADR (CIG) has net assets worth $28.57 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 ($66.99 Billion) and total liabilities ($38.43 Billion). 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 CIG asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $28.57 Billion |
| % of Total Assets | 42.64% |
| Annual Growth Rate | 5.14% |
| 5-Year Change | 46.79% |
| 10-Year Change | 119.77% |
| Growth Volatility | 7.98 |
Companhia Energetica de Minas Gerais CEMIG Pref ADR - Net Assets Trend (2000–2025)
This chart illustrates how Companhia Energetica de Minas Gerais CEMIG Pref ADR's net assets have evolved over time, based on quarterly financial data. Also explore CIG total asset value for the complete picture of this company's asset base.
Annual Net Assets for Companhia Energetica de Minas Gerais CEMIG Pref ADR (2000–2025)
The table below shows the annual net assets of Companhia Energetica de Minas Gerais CEMIG Pref ADR from 2000 to 2025. For live valuation and market cap data, see Companhia Energetica de Minas Gerais CEM market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $28.57 Billion | +4.33% |
| 2024-12-31 | $27.38 Billion | +11.06% |
| 2023-12-31 | $24.66 Billion | +13.18% |
| 2022-12-31 | $21.78 Billion | +11.93% |
| 2021-12-31 | $19.46 Billion | +11.35% |
| 2020-12-31 | $17.48 Billion | +8.54% |
| 2019-12-31 | $16.10 Billion | +1.03% |
| 2018-12-31 | $15.94 Billion | +11.23% |
| 2017-12-31 | $14.33 Billion | +10.24% |
| 2016-12-31 | $13.00 Billion | 0.00% |
| 2015-12-31 | $13.00 Billion | +15.19% |
| 2014-12-31 | $11.29 Billion | -10.71% |
| 2013-12-31 | $12.64 Billion | +9.42% |
| 2012-12-31 | $11.55 Billion | -1.66% |
| 2011-12-31 | $11.74 Billion | +2.34% |
| 2010-12-31 | $11.48 Billion | +2.79% |
| 2009-12-31 | $11.16 Billion | +19.63% |
| 2008-12-31 | $9.33 Billion | +13.48% |
| 2007-12-31 | $8.22 Billion | -1.97% |
| 2006-12-31 | $8.39 Billion | -9.51% |
| 2005-12-31 | $9.27 Billion | +0.44% |
| 2004-12-31 | $9.23 Billion | +7.94% |
| 2003-12-31 | $8.55 Billion | +14.49% |
| 2002-12-31 | $7.47 Billion | -1.02% |
| 2001-12-31 | $7.55 Billion | -7.57% |
| 2000-12-31 | $8.16 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Companhia Energetica de Minas Gerais CEMIG Pref ADR'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 184.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $11.48 Billion | 40.20% |
| Common Stock | $14.30 Billion | 50.07% |
| Other Comprehensive Income | $2.78 Billion | 9.73% |
| Total Equity | $28.56 Billion | 100.00% |
Companhia Energetica de Minas Gerais CEMIG Pref ADR Competitors by Market Cap
The table below lists competitors of Companhia Energetica de Minas Gerais CEMIG Pref ADR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eagers Automotive Ltd
AU:APE
|
$4.97 Billion |
|
HSD Engine Co Ltd
KO:082740
|
$4.98 Billion |
|
CSN Mineração S.A
SA:CMIN3
|
$4.98 Billion |
|
Vontier Corp
NYSE:VNT
|
$4.98 Billion |
|
Louisiana-Pacific Corporation
NYSE:LPX
|
$4.96 Billion |
|
Scout24 AG
XETRA:G24
|
$4.96 Billion |
|
Post Holdings Inc
NYSE:POST
|
$4.96 Billion |
|
United Plantations Bhd
KLSE:2089
|
$4.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Companhia Energetica de Minas Gerais CEMIG Pref ADR'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 28,562,039,000, a change of 1,185,039,000 (4.3%).
- Net income of 4,801,208,000 contributed positively to equity growth.
- Dividend payments of 3,890,355,771 reduced retained earnings.
- Other comprehensive income increased equity by 3,678,842,000.
- Other factors decreased equity by 3,404,655,229.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.80 Billion | +16.81% |
| Dividends Paid | $3.89 Billion | -13.62% |
| Other Comprehensive Income | $3.68 Billion | +12.88% |
| Other Changes | $-3.40 Billion | -11.92% |
| Total Change | $- | 4.33% |
Book Value vs Market Value Analysis
This analysis compares Companhia Energetica de Minas Gerais CEMIG Pref ADR'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: 0.26x
- 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.
- The price-to-book ratio has decreased from 0.77x to 0.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $3.37 | $2.61 | x |
| 2001-12-31 | $1.35 | $2.61 | x |
| 2002-12-31 | $1.01 | $2.61 | x |
| 2003-12-31 | $1.15 | $2.61 | x |
| 2004-12-31 | $1.24 | $2.61 | x |
| 2005-12-31 | $1.25 | $2.61 | x |
| 2006-12-31 | $3.32 | $2.61 | x |
| 2007-12-31 | $3.27 | $2.61 | x |
| 2008-12-31 | $3.76 | $2.61 | x |
| 2009-12-31 | $4.52 | $2.61 | x |
| 2010-12-31 | $5.04 | $2.61 | x |
| 2011-12-31 | $4.76 | $2.61 | x |
| 2012-12-31 | $4.68 | $2.61 | x |
| 2013-12-31 | $6.66 | $2.61 | x |
| 2014-12-31 | $4.57 | $2.61 | x |
| 2015-12-31 | $6.65 | $2.61 | x |
| 2016-12-31 | $6.65 | $2.61 | x |
| 2017-12-31 | $6.51 | $2.61 | x |
| 2018-12-31 | $7.24 | $2.61 | x |
| 2019-12-31 | $5.63 | $2.61 | x |
| 2020-12-31 | $6.10 | $2.61 | x |
| 2021-12-31 | $8.84 | $2.61 | x |
| 2022-12-31 | $9.90 | $2.61 | x |
| 2023-12-31 | $8.62 | $2.61 | x |
| 2024-12-31 | $9.57 | $2.61 | x |
| 2025-12-31 | $9.98 | $2.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Companhia Energetica de Minas Gerais CEMIG Pref ADR 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): 16.81%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.46%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 2.35x
- Recent ROE (16.81%) is above the historical average (16.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 4.48% | 9.74% | 0.30x | 1.56x | $-450.20 Million |
| 2001 | -9.53% | -14.36% | 0.36x | 1.84x | $-1.47 Billion |
| 2002 | -0.16% | -0.25% | 0.31x | 2.08x | $-756.20 Million |
| 2003 | 16.38% | 23.14% | 0.35x | 2.01x | $543.60 Million |
| 2004 | 18.88% | 23.25% | 0.39x | 2.09x | $818.10 Million |
| 2005 | 19.55% | 24.08% | 0.35x | 2.31x | $883.80 Million |
| 2006 | 3.93% | 8.13% | 0.17x | 2.79x | $-508.00 Million |
| 2007 | 19.67% | 17.16% | 0.39x | 2.96x | $795.60 Million |
| 2008 | 18.78% | 12.82% | 0.55x | 2.66x | $819.70 Million |
| 2009 | 19.10% | 17.54% | 0.40x | 2.71x | $1.02 Billion |
| 2010 | 19.68% | 16.37% | 0.41x | 2.92x | $1.11 Billion |
| 2011 | 20.56% | 19.49% | 0.33x | 3.15x | $1.24 Billion |
| 2012 | 36.99% | 30.22% | 0.43x | 2.82x | $3.12 Billion |
| 2013 | 24.56% | 21.22% | 0.49x | 2.36x | $1.84 Billion |
| 2014 | 27.81% | 16.01% | 0.56x | 3.10x | $2.01 Billion |
| 2015 | 18.99% | 11.29% | 0.53x | 3.14x | $1.17 Billion |
| 2016 | 2.57% | 1.78% | 0.46x | 3.14x | $-965.90 Million |
| 2017 | 6.99% | 4.61% | 0.51x | 2.95x | $-432.00 Million |
| 2018 | 10.80% | 7.72% | 0.37x | 3.76x | $128.10 Million |
| 2019 | 19.84% | 12.53% | 0.50x | 3.14x | $1.58 Billion |
| 2020 | 16.39% | 11.35% | 0.47x | 3.10x | $1.12 Billion |
| 2021 | 19.27% | 11.15% | 0.65x | 2.67x | $1.80 Billion |
| 2022 | 18.78% | 11.87% | 0.64x | 2.46x | $1.91 Billion |
| 2023 | 23.38% | 15.64% | 0.67x | 2.23x | $3.30 Billion |
| 2024 | 26.00% | 17.87% | 0.67x | 2.18x | $4.38 Billion |
| 2025 | 16.81% | 11.46% | 0.63x | 2.35x | $1.95 Billion |
Industry Comparison
This section compares Companhia Energetica de Minas Gerais CEMIG Pref ADR's net assets metrics with peer companies in the Utilities - Diversified industry.
Industry Context
- Industry: Utilities - Diversified
- Average net assets among peers: $12,859,654,000
- Average return on equity (ROE) among peers: 6.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Companhia Energetica de Minas Gerais CEMIG Pref ADR (CIG) | $28.57 Billion | 4.48% | 1.35x | $4.97 Billion |
| The AES Corporation (AES) | $3.79 Billion | 6.02% | 4.52x | $10.13 Billion |
| Allete Inc (ALE) | $630.50 Million | 6.20% | 1.27x | $3.94 Billion |
| Avista Corporation (AVA) | $859.22 Million | 10.67% | 13.62x | $3.23 Billion |
| Brookfield Infrastructure Partners LP (BIP) | $34.02 Billion | 1.08% | 1.96x | $16.63 Billion |
| Sempra Energy (SRE) | $37.79 Billion | 7.57% | 1.54x | $57.10 Billion |
| UNITIL Corporation (UTL) | $79.20 Million | 10.35% | 3.76x | $877.29 Million |
About Companhia Energetica de Minas Gerais CEMIG Pref ADR
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