Societatea Energetica Electrica SA (EL) - Net Assets
Based on the latest financial reports, Societatea Energetica Electrica SA (EL) has net assets worth RON6.06 Billion RON (≈ $1.39 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON14.84 Billion ≈ $3.41 Billion USD) and total liabilities (RON8.78 Billion ≈ $2.02 Billion 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. Check EL asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RON6.06 Billion |
| % of Total Assets | 40.82% |
| Annual Growth Rate | -0.26% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.75 |
Societatea Energetica Electrica SA - Net Assets Trend (2020–2024)
This chart illustrates how Societatea Energetica Electrica SA's net assets have evolved over time, based on quarterly financial data. Also explore Societatea Energetica Electrica SA assets under control for the complete picture of this company's asset base.
Annual Net Assets for Societatea Energetica Electrica SA (2020–2024)
The table below shows the annual net assets of Societatea Energetica Electrica SA from 2020 to 2024. For live valuation and market cap data, see EL stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | RON5.70 Billion ≈ $1.31 Billion |
+6.36% |
| 2023-09-30 | RON5.36 Billion ≈ $1.23 Billion |
-0.14% |
| 2022-09-30 | RON5.37 Billion ≈ $1.23 Billion |
+8.35% |
| 2021-09-30 | RON4.95 Billion ≈ $1.14 Billion |
-14.00% |
| 2020-09-30 | RON5.76 Billion ≈ $1.32 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Societatea Energetica Electrica 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 decreased by 11.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RON1.56 Billion | 27.39% |
| Other Components | RON4.14 Billion | 72.61% |
| Total Equity | RON5.70 Billion | 100.00% |
Societatea Energetica Electrica SA Competitors by Market Cap
The table below lists competitors of Societatea Energetica Electrica SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inficon Holding
SW:IFCN
|
$2.34 Billion |
|
Dongyue Group Limited
F:4D3
|
$2.34 Billion |
|
Ringcentral Inc
NYSE:RNG
|
$2.34 Billion |
|
Sichuan Swellfun Co Ltd
SHG:600779
|
$2.34 Billion |
|
Xinjiang Zhongtai Chemical Co Ltd
SHE:002092
|
$2.34 Billion |
|
Koninklijke Heijmans N.V.
AS:HEIJM
|
$2.34 Billion |
|
The Bancorp Inc
NASDAQ:TBBK
|
$2.34 Billion |
|
DRDGOLD Limited
F:DUBA
|
$2.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Societatea Energetica Electrica SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,360,415,000 to 5,700,978,000, a change of 340,563,000 (6.4%).
- Net income of 389,576,000 contributed positively to equity growth.
- Dividend payments of 39,983,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RON389.58 Million | +6.83% |
| Dividends Paid | RON39.98 Million | -0.7% |
| Other Changes | RON-9.03 Million | -0.16% |
| Total Change | RON- | 6.35% |
Book Value vs Market Value Analysis
This analysis compares Societatea Energetica Electrica 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: 1.79x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | RON16.96 | RON30.00 | x |
| 2021-09-30 | RON14.59 | RON30.00 | x |
| 2022-09-30 | RON15.81 | RON30.00 | x |
| 2023-09-30 | RON15.79 | RON30.00 | x |
| 2024-09-30 | RON16.79 | RON30.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Societatea Energetica Electrica 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): 6.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.33%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.45x
- Recent ROE (6.83%) is above the historical average (2.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 6.73% | 5.96% | 0.81x | 1.40x | RON-188.48 Million |
| 2021 | -11.16% | -7.70% | 0.91x | 1.59x | RON-1.05 Billion |
| 2022 | -4.48% | -2.40% | 0.86x | 2.17x | RON-777.13 Million |
| 2023 | 14.41% | 7.87% | 0.77x | 2.38x | RON236.18 Million |
| 2024 | 6.83% | 4.33% | 0.65x | 2.45x | RON-180.52 Million |
Industry Comparison
This section compares Societatea Energetica Electrica SA's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $7,913,838,260
- Average return on equity (ROE) among peers: 15.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Societatea Energetica Electrica SA (EL) | RON6.06 Billion | 6.73% | 1.45x | $2.34 Billion |
| S N Nuclearele (SNN) | $10.53 Billion | 26.22% | 0.12x | $4.85 Billion |
| Compania Nationala de Transport al Energiei Electrice Transelectrica SA (TEL) | $5.30 Billion | 4.11% | 0.62x | $1.51 Billion |
About Societatea Energetica Electrica SA
Societatea Energetica Electrica S.A., together with its subsidiaries, engages in the operation, construction, and maintenance of electricity distribution networks in Romania. It operates through Electricity and Natural Gas Supply, Electricity Distribution, Electricity Production, and External Electricity Network Maintenance segments. The company purchases and supplies electricity and gas to end c… Read more