Neoen SA
Neoen S.A. operates as an independent renewable energy production company that engages in the development and operation of renewable energy power plants. The company operates through solar power, wind power, storage, farm-down, development and investments, and eliminations segments. Neoen S.A. was incorporated in 2008 and is based in Paris, France. Neoen S.A. operates as a subsidiary of Brookfiel… Read more
Neoen SA (NEOEN) - Net Assets
Latest net assets as of December 2024: €2.68 Billion EUR
Based on the latest financial reports, Neoen SA (NEOEN) has net assets worth €2.68 Billion EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.60 Billion) and total liabilities (€5.92 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.68 Billion |
| % of Total Assets | 31.22% |
| Annual Growth Rate | 42.09% |
| 5-Year Change | 318.33% |
| 10-Year Change | N/A |
| Growth Volatility | 84.84 |
Neoen SA - Net Assets Trend (2015–2024)
This chart illustrates how Neoen SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Neoen SA (2015–2024)
The table below shows the annual net assets of Neoen SA from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.68 Billion | +0.74% |
| 2023-12-31 | €2.66 Billion | +39.20% |
| 2022-12-31 | €1.91 Billion | +39.33% |
| 2021-12-31 | €1.37 Billion | +114.10% |
| 2020-12-31 | €641.70 Million | -5.70% |
| 2019-12-31 | €680.50 Million | +3.86% |
| 2018-12-31 | €655.20 Million | +275.38% |
| 2017-12-31 | €174.54 Million | -0.26% |
| 2016-12-31 | €175.00 Million | +53.97% |
| 2015-12-31 | €113.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Neoen SA'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 536.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €19.00 Million | 0.72% |
| Common Stock | €305.70 Million | 11.51% |
| Other Comprehensive Income | €384.90 Million | 14.49% |
| Other Components | €1.95 Billion | 73.28% |
| Total Equity | €2.66 Billion | 100.00% |
Neoen SA Competitors by Market Cap
The table below lists competitors of Neoen SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Yatai Pharmaceutical Co Ltd
SHE:002370
|
$622.77 Million |
|
Aluar Aluminio Argentino
BA:ALUA
|
$622.94 Million |
|
Delong Composite Energy Group Co Ltd
SHE:000593
|
$622.98 Million |
|
Odine Solutions Teknoloji As
IS:ODINE
|
$623.11 Million |
|
Vitrolife AB
ST:VITR
|
$622.40 Million |
|
DISCOVERIE GRP PLC LS-05
F:9A5
|
$622.21 Million |
|
INVENTURUS KNOWLEDGE SO L
NSE:IKS
|
$622.20 Million |
|
Sinopec Shanghai Petrochemical Company Limited
PINK:SPTJF
|
$622.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neoen SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,651,700,000 to 2,656,000,000, a change of 4,300,000 (0.2%).
- Net income of 19,000,000 contributed positively to equity growth.
- Dividend payments of 5,800,000 reduced retained earnings.
- Share repurchases of 2,600,000 reduced equity.
- Other comprehensive income increased equity by 117,400,000.
- Other factors decreased equity by 123,700,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €19.00 Million | +0.72% |
| Dividends Paid | €5.80 Million | -0.22% |
| Share Repurchases | €2.60 Million | -0.1% |
| Other Comprehensive Income | €117.40 Million | +4.42% |
| Other Changes | €-123.70 Million | -4.66% |
| Total Change | €- | 0.16% |
Book Value vs Market Value Analysis
This analysis compares Neoen SA'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: 3.49x
- 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 43.61x to 3.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | €0.89 | €39.00 | x |
| 2016-12-31 | €1.32 | €39.00 | x |
| 2017-12-31 | €1.27 | €39.00 | x |
| 2018-12-31 | €7.77 | €39.00 | x |
| 2019-12-31 | €6.28 | €39.00 | x |
| 2020-12-31 | €5.71 | €39.00 | x |
| 2021-12-31 | €11.71 | €39.00 | x |
| 2022-12-31 | €14.35 | €39.00 | x |
| 2023-12-31 | €18.41 | €39.00 | x |
| 2024-12-31 | €11.18 | €39.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neoen SA 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): 0.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.56%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 3.24x
- Recent ROE (0.72%) is below the historical average (3.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 2.85% | 5.26% | 0.09x | 6.29x | €-7.49 Million |
| 2016 | 2.16% | 4.34% | 0.07x | 7.02x | €-12.85 Million |
| 2017 | 5.87% | 6.78% | 0.08x | 11.23x | €-6.66 Million |
| 2018 | 1.92% | 5.99% | 0.08x | 3.98x | €-52.11 Million |
| 2019 | 5.45% | 14.22% | 0.07x | 5.12x | €-30.10 Million |
| 2020 | 0.61% | 1.31% | 0.08x | 5.93x | €-59.79 Million |
| 2021 | 3.00% | 12.29% | 0.07x | 3.62x | €-95.47 Million |
| 2022 | 2.39% | 8.98% | 0.08x | 3.31x | €-144.17 Million |
| 2023 | 5.66% | 28.64% | 0.07x | 2.79x | €-114.97 Million |
| 2024 | 0.72% | 3.56% | 0.06x | 3.24x | €-246.60 Million |
Industry Comparison
This section compares Neoen SA's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $17,672,573
- Average return on equity (ROE) among peers: 1.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neoen SA (NEOEN) | €2.68 Billion | 2.85% | 2.20x | $622.57 Million |
| E-Pango SA (ALAGO) | $1.08 Million | -16.69% | 7.97x | $2.60 Million |
| Agripower France Sa (ALAGP) | $11.84 Million | -19.01% | 0.83x | $3.74 Million |
| Charwood Energy SA (ALCWE) | $10.12 Million | -5.35% | 0.41x | $3.71 Million |
| Entech SE SAS (ALESE) | $3.70 Million | 15.01% | 1.71x | $51.95 Million |
| Haffner Energy SA (ALHAF) | $-1.36 Million | 0.00% | 0.00x | $1.41 Million |
| MINT Société anonyme (ALMIN) | $8.17 Million | 24.68% | 5.61x | $52.25K |
| Groupe OKwind (ALOKW) | $7.39 Million | 0.00% | 1.40x | $3.35 Million |
| Électricite de Strasbourg Société Anonyme (ELEC) | $133.35 Million | 26.74% | 7.08x | $172.77 Million |
| Hydrogene De France SA (HDF) | $1.65 Million | 0.00% | 0.83x | $12.19 Million |
| Blue Shark Power System SA (MLBSP) | $791.46K | -12.15% | 0.06x | $30.72K |