Grupo Simec SAB de CV ADR (SIM) - Net Assets

Latest as of September 2025: $59.96 Billion USD

Based on the latest financial reports, Grupo Simec SAB de CV ADR (SIM) has net assets worth $59.96 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($71.36 Billion) and total liabilities ($11.40 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. Also explore Grupo Simec SAB de CV ADR (SIM) total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets $59.96 Billion
% of Total Assets 84.02%
Annual Growth Rate 13.05%
5-Year Change 3454.89%
10-Year Change 100.45%
Growth Volatility 461.23

Grupo Simec SAB de CV ADR - Net Assets Trend (1994–2024)

This chart illustrates how Grupo Simec SAB de CV ADR's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see market cap of Grupo Simec SAB de CV ADR.

Annual Net Assets for Grupo Simec SAB de CV ADR (1994–2024)

The table below shows the annual net assets of Grupo Simec SAB de CV ADR from 1994 to 2024. Explore SIM cash flow conversion to assess how effectively this company generates cash.

Year Net Assets Change
2024-12-31 $59.20 Billion +18.17%
2023-12-31 $50.10 Billion +4.38%
2022-12-31 $47.99 Billion +2240.67%
2021-12-31 $2.05 Billion +23.13%
2020-12-31 $1.67 Billion -3.57%
2019-12-31 $1.73 Billion -95.09%
2018-12-31 $35.18 Billion +5.53%
2017-12-31 $33.33 Billion +0.37%
2016-12-31 $33.21 Billion +12.45%
2015-12-31 $29.53 Billion +6.31%
2014-12-31 $27.78 Billion +5.73%
2013-12-31 $26.27 Billion +1.77%
2012-12-31 $25.82 Billion +6.38%
2011-12-31 $24.27 Billion -91.57%
2010-12-31 $287.81 Billion +1250.89%
2009-12-31 $21.31 Billion 0.00%
2008-12-31 $21.31 Billion +23.74%
2007-12-31 $17.22 Billion +37.80%
2006-12-31 $12.50 Billion +90.40%
2005-12-31 $6.56 Billion +42.30%
2004-12-31 $4.61 Billion 0.00%
2003-12-31 $4.61 Billion +28.27%
2002-12-31 $3.60 Billion +232.60%
2000-12-31 $1.08 Billion -41.07%
1999-12-31 $1.83 Billion +5.79%
1998-12-31 $1.73 Billion +13.37%
1997-12-31 $1.53 Billion -5.47%
1996-12-31 $1.62 Billion +10.92%
1995-12-31 $1.46 Billion -2.33%
1994-12-31 $1.49 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Grupo Simec SAB de CV 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 184865.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings $60.86 Billion 102.85%
Common Stock $2.42 Billion 4.09%
Other Comprehensive Income $-4.20 Billion -7.10%
Other Components $93.42 Million 0.16%
Total Equity $59.17 Billion 100.00%

Grupo Simec SAB de CV ADR Competitors by Market Cap

The table below lists competitors of Grupo Simec SAB de CV ADR ranked by their market capitalization.

Company Market Cap
SFS Group AG
SW:SFSN
 $4.76 Billion
Investec PLC
JSE:INP
 $4.76 Billion
KBR Inc
NYSE:KBR
 $4.76 Billion
Shenzhen Energy Group Co Ltd
SHE:000027
 $4.76 Billion
RLI Corp
NYSE:RLI
 $4.76 Billion
Luxi Chemical Group Co Ltd
SHE:000830
 $4.75 Billion
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
 $4.75 Billion
Shaanxi Sirui Advanced Materials Co. Ltd. A
SHG:688102
 $4.75 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Grupo Simec SAB de CV ADR's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 50,068,135,000 to 59,173,064,000, a change of 9,104,929,000 (18.2%).
  • Net income of 10,487,819,000 contributed positively to equity growth.
  • Share repurchases of 126,497,000 reduced equity.
  • Other comprehensive income decreased equity by 7,928,856,000.
  • Other factors increased equity by 6,672,463,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $10.49 Billion +17.72%
Share Repurchases $126.50 Million -0.21%
Other Comprehensive Income $-7.93 Billion -13.4%
Other Changes $6.67 Billion +11.28%
Total Change $- 18.19%

Book Value vs Market Value Analysis

This analysis compares Grupo Simec SAB de CV 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: 0.09x
  • 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 0.46x to 0.09x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 $67.75 $31.05 x
1995-12-31 $65.29 $31.05 x
1996-12-31 $77.00 $31.05 x
1997-12-31 $22.44 $31.05 x
1998-12-31 $10.69 $31.05 x
1999-12-31 $26.29 $31.05 x
2000-12-31 $6.16 $31.05 x
2001-12-31 $19.79 $31.05 x
2002-12-31 $12.15 $31.05 x
2003-12-31 $12.90 $31.05 x
2004-12-31 $12.90 $31.05 x
2005-12-31 $49.35 $31.05 x
2006-12-31 $73.53 $31.05 x
2007-12-31 $93.76 $31.05 x
2008-12-31 $112.50 $31.05 x
2009-12-31 $112.50 $31.05 x
2010-12-31 $1534.67 $31.05 x
2011-12-31 $133.17 $31.05 x
2012-12-31 $143.96 $31.05 x
2013-12-31 $151.72 $31.05 x
2014-12-31 $164.62 $31.05 x
2015-12-31 $177.09 $31.05 x
2016-12-31 $205.45 $31.05 x
2017-12-31 $201.71 $31.05 x
2018-12-31 $217.56 $31.05 x
2019-12-31 $11.13 $31.05 x
2020-12-31 $10.77 $31.05 x
2021-12-31 $13.28 $31.05 x
2022-12-31 $311.15 $31.05 x
2023-12-31 $325.30 $31.05 x
2024-12-31 $356.73 $31.05 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Grupo Simec SAB de CV 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): 17.72%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 31.16%
  • • Asset Turnover: 0.45x
  • • Equity Multiplier: 1.26x
  • Recent ROE (17.72%) is below the historical average (23.85%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 -33.47% -47.61% 0.28x 2.53x $-643.63 Million
1995 -11.18% -9.75% 0.42x 2.72x $-305.04 Million
1996 25.52% 18.68% 0.51x 2.70x $247.51 Million
1997 13.60% 9.24% 0.49x 2.98x $54.18 Million
1998 -6.37% -4.34% 0.50x 2.95x $-279.72 Million
1999 24.65% 20.75% 0.42x 2.81x $264.83 Million
2000 -3.33% -1.63% 0.46x 4.44x $-144.10 Million
2001 5.89% 12.04% 0.00x 0.00x $-158.82 Million
2002 3.28% 5.59% 0.40x 1.45x $-241.42 Million
2003 6.33% 10.52% 0.46x 1.30x $-169.09 Million
2004 6.33% 10.52% 0.46x 1.30x $-169.09 Million
2005 21.36% 24.75% 0.64x 1.36x $745.62 Million
2006 20.35% 9.27% 1.30x 1.69x $1.07 Billion
2007 10.29% 6.34% 1.06x 1.54x $42.79 Million
2008 10.45% 5.40% 1.14x 1.69x $82.03 Million
2009 10.45% 5.40% 1.14x 1.69x $82.03 Million
2010 6.52% 6.56% 0.64x 1.56x $-8.85 Billion
2011 4.09% 3.68% 0.79x 1.42x $-1.31 Billion
2012 10.15% 8.14% 0.91x 1.37x $35.63 Million
2013 6.08% 6.22% 0.73x 1.33x $-978.12 Million
2014 4.45% 4.49% 0.75x 1.33x $-1.50 Billion
2015 3.10% 3.59% 0.68x 1.26x $-2.01 Billion
2016 8.66% 10.48% 0.66x 1.25x $-446.70 Million
2017 3.60% 4.20% 0.63x 1.36x $-2.14 Billion
2018 9.90% 9.86% 0.74x 1.36x $-33.75 Million
2019 -95.03% -4.80% 13.97x 1.42x $-1.81 Billion
2020 168.22% 7.80% 15.65x 1.38x $2.63 Billion
2021 461.04% 16.98% 19.75x 1.37x $9.24 Billion
2022 16.40% 14.52% 0.80x 1.41x $3.07 Billion
2023 10.36% 12.58% 0.61x 1.36x $178.98 Million
2024 17.72% 31.16% 0.45x 1.26x $4.57 Billion

Industry Comparison

This section compares Grupo Simec SAB de CV ADR's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $6,012,392,838
  • Average return on equity (ROE) among peers: -1.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Grupo Simec SAB de CV ADR (SIM) $59.96 Billion -33.47% 0.19x $4.76 Billion
Cleveland-Cliffs Inc (CLF) $407.40 Million 13.48% 0.70x $5.82 Billion
Commercial Metals Company (CMC) $1.25 Billion -16.38% 1.96x $7.65 Billion
Friedman Industries Inc. Common Stock (FRD) $79.69 Million 17.65% 1.00x $137.98 Million
Friedman Industries Inc. Common Stock (FRD) $33.50 Million 5.67% 0.15x $138.83 Million
Gerdau SA ADR (GGB) $58.17 Billion 7.85% 0.49x $5.42 Billion
Hongli Group Inc. Ordinary Shares (HLP) $53.49 Million -3.52% 0.22x $56.55 Million
Huadi International Group Co Ltd (HUDI) $74.68 Million 4.36% 0.38x $17.02 Million
Inno Holdings Inc. Common Stock (INHD) $1.05 Million -95.64% 2.46x $726.90K
FST Corp. Ordinary Shares (KBSX) $32.42 Million 28.92% 0.85x $51.70 Million
Luda Technology Group Limited (LUD) $14.53 Million 21.11% 1.73x $140.68 Million

About Grupo Simec SAB de CV ADR

NYSE MKT:SIM USA Steel
Market Cap
$4.77 Billion
Market Cap Rank
#3709 Global
#1253 in USA
Share Price
$31.05
Change (1 day)
+0.00%
52-Week Range
$25.00 - $34.35
All Time High
$37.00
Categories
Companies in USA Steel
About

Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality (SBQ) steel and structural steel products in Mexico, the United States, Brazil, Canada, Latin America, and internationally. The company produces I-beams, channels, structural and commercial angles, hot rolled bars, flat bars, rebars, cold-finished bars, electro-welded wire mesh and mesh panels, and wire rods,… Read more