Cez A.S.
CEZ, a. s. engages in the generation, distribution, trade, and sale of electricity, heat, thermal energy and other commodities in Western, Central, and Southeastern Europe. The company operates through four segments: Generation, Distribution, Sales, and Mining. It operates hydro, wind, solar, nuclear, coal, and biomass power plants, and combined cycle power plant and combined heat and power units… Read more
Cez A.S. (CEZ) - Net Assets
Latest net assets as of September 2025: Kč243.61 Billion CZK
Based on the latest financial reports, Cez A.S. (CEZ) has net assets worth Kč243.61 Billion CZK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Kč865.88 Billion) and total liabilities (Kč622.27 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 | Kč243.61 Billion |
| % of Total Assets | 28.13% |
| Annual Growth Rate | 1.94% |
| 5-Year Change | 5.18% |
| 10-Year Change | -7.8% |
| Growth Volatility | 14.39 |
Cez A.S. - Net Assets Trend (2005–2024)
This chart illustrates how Cez A.S.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cez A.S. (2005–2024)
The table below shows the annual net assets of Cez A.S. from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Kč250.91 Billion | +2.16% |
| 2023-12-31 | Kč245.60 Billion | +23.77% |
| 2022-12-31 | Kč198.44 Billion | +21.86% |
| 2021-12-31 | Kč162.84 Billion | -31.74% |
| 2020-12-31 | Kč238.56 Billion | -6.58% |
| 2019-12-31 | Kč255.36 Billion | +6.72% |
| 2018-12-31 | Kč239.28 Billion | -5.91% |
| 2017-12-31 | Kč254.32 Billion | -2.69% |
| 2016-12-31 | Kč261.36 Billion | -3.97% |
| 2015-12-31 | Kč272.15 Billion | +2.37% |
| 2014-12-31 | Kč265.85 Billion | +1.04% |
| 2013-12-31 | Kč263.12 Billion | +3.50% |
| 2012-12-31 | Kč254.22 Billion | +9.54% |
| 2011-12-31 | Kč232.08 Billion | +2.21% |
| 2010-12-31 | Kč227.05 Billion | +9.86% |
| 2009-12-31 | Kč206.68 Billion | +33.40% |
| 2008-12-31 | Kč154.93 Billion | +3.67% |
| 2007-12-31 | Kč149.45 Billion | -21.68% |
| 2006-12-31 | Kč190.82 Billion | +9.49% |
| 2005-12-31 | Kč174.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cez A.S.'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 64.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Kč191.16 Billion | 79.89% |
| Other Components | Kč48.11 Billion | 20.11% |
| Total Equity | Kč239.27 Billion | 100.00% |
Cez A.S. Competitors by Market Cap
The table below lists competitors of Cez A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Hengli Hydraulic Co Ltd
SHG:601100
|
$7.02 Billion |
|
REXFORD IND.REALTY DL-01
F:3I0
|
$7.02 Billion |
|
Millicom International Cellular SA
NASDAQ:TIGO
|
$7.03 Billion |
|
Light & Wonder Inc
NASDAQ:LNW
|
$7.03 Billion |
|
Ingredion Incorporated
NYSE:INGR
|
$7.01 Billion |
|
Endesa S.A
PINK:ELEZF
|
$7.01 Billion |
|
Unity Software Inc
NYSE:U
|
$7.01 Billion |
|
Ganfeng Lithium Co Ltd
PINK:GNENF
|
$7.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cez A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 244,052,000,000 to 239,274,000,000, a change of -4,778,000,000 (-2.0%).
- Net income of 29,933,000,000 contributed positively to equity growth.
- Dividend payments of 27,935,000,000 reduced retained earnings.
- Other factors decreased equity by 6,776,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Kč29.93 Billion | +12.51% |
| Dividends Paid | Kč27.93 Billion | -11.67% |
| Other Changes | Kč-6.78 Billion | -2.83% |
| Total Change | Kč- | -1.96% |
Book Value vs Market Value Analysis
This analysis compares Cez A.S.'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: 2.65x
- 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 4.01x to 2.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Kč294.28 | Kč1179.00 | x |
| 2006-12-31 | Kč322.22 | Kč1179.00 | x |
| 2007-12-31 | Kč261.31 | Kč1179.00 | x |
| 2008-12-31 | Kč289.40 | Kč1179.00 | x |
| 2009-12-31 | Kč375.60 | Kč1179.00 | x |
| 2010-12-31 | Kč415.12 | Kč1179.00 | x |
| 2011-12-31 | Kč424.51 | Kč1179.00 | x |
| 2012-12-31 | Kč468.49 | Kč1179.00 | x |
| 2013-12-31 | Kč483.18 | Kč1179.00 | x |
| 2014-12-31 | Kč489.18 | Kč1179.00 | x |
| 2015-12-31 | Kč501.41 | Kč1179.00 | x |
| 2016-12-31 | Kč480.70 | Kč1179.00 | x |
| 2017-12-31 | Kč467.85 | Kč1179.00 | x |
| 2018-12-31 | Kč438.75 | Kč1179.00 | x |
| 2019-12-31 | Kč468.38 | Kč1179.00 | x |
| 2020-12-31 | Kč436.75 | Kč1179.00 | x |
| 2021-12-31 | Kč300.37 | Kč1179.00 | x |
| 2022-12-31 | Kč369.67 | Kč1179.00 | x |
| 2023-12-31 | Kč454.63 | Kč1179.00 | x |
| 2024-12-31 | Kč445.73 | Kč1179.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cez A.S. 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): 12.51%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.80%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 3.77x
- Recent ROE (12.51%) is below the historical average (14.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 10.12% | 26.07% | 0.25x | 1.57x | Kč207.40 Million |
| 2006 | 13.52% | 26.89% | 0.31x | 1.63x | Kč6.72 Billion |
| 2007 | 20.93% | 30.91% | 0.32x | 2.09x | Kč16.33 Billion |
| 2008 | 30.41% | 43.02% | 0.28x | 2.53x | Kč31.63 Billion |
| 2009 | 25.73% | 26.25% | 0.37x | 2.65x | Kč31.51 Billion |
| 2010 | 21.31% | 23.75% | 0.37x | 2.45x | Kč25.07 Billion |
| 2011 | 17.98% | 19.43% | 0.35x | 2.64x | Kč18.08 Billion |
| 2012 | 16.56% | 19.26% | 0.34x | 2.54x | Kč16.41 Billion |
| 2013 | 13.90% | 16.52% | 0.34x | 2.48x | Kč10.08 Billion |
| 2014 | 8.57% | 11.16% | 0.32x | 2.40x | Kč-3.73 Billion |
| 2015 | 7.74% | 10.03% | 0.34x | 2.25x | Kč-6.05 Billion |
| 2016 | 5.56% | 7.07% | 0.32x | 2.46x | Kč-11.40 Billion |
| 2017 | 7.51% | 9.45% | 0.32x | 2.50x | Kč-6.24 Billion |
| 2018 | 4.40% | 5.70% | 0.26x | 3.01x | Kč-13.15 Billion |
| 2019 | 5.73% | 7.12% | 0.29x | 2.81x | Kč-10.70 Billion |
| 2020 | 2.33% | 2.60% | 0.30x | 3.00x | Kč-17.95 Billion |
| 2021 | 6.08% | 4.15% | 0.20x | 7.34x | Kč-6.32 Billion |
| 2022 | 40.71% | 21.92% | 0.36x | 5.19x | Kč60.94 Billion |
| 2023 | 12.10% | 8.78% | 0.41x | 3.38x | Kč5.12 Billion |
| 2024 | 12.51% | 8.80% | 0.38x | 3.77x | Kč6.01 Billion |
Industry Comparison
This section compares Cez A.S.'s net assets metrics with peer companies in the Utilities - Regulated Electric industry.
No peer company data available for comparison.