Azzas 2154 S.A.
Azzas 2154 S.A. engages in the development and marketing of women's, men's and children's footwear, handbags, accessories, and clothing in Brazil and internationally. It offers its products through franchise stores, company-operated store, and web commerce channel under the Arezzo, Schutz, Anacapri, Alexandre Birman, Alme, Vans, Reserva, Reserva Mini, Reserva INK, Reserva Go, Oficina Reserva, Bri… Read more
Azzas 2154 S.A. (AZZA3) - Net Assets
Latest net assets as of September 2025: R$8.35 Billion BRL
Based on the latest financial reports, Azzas 2154 S.A. (AZZA3) has net assets worth R$8.35 Billion BRL as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$15.52 Billion) and total liabilities (R$7.17 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 | R$8.35 Billion |
| % of Total Assets | 53.8% |
| Annual Growth Rate | 32.51% |
| 5-Year Change | 472.56% |
| 10-Year Change | 1149.63% |
| Growth Volatility | 51.48 |
Azzas 2154 S.A. - Net Assets Trend (2008–2024)
This chart illustrates how Azzas 2154 S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Azzas 2154 S.A. (2008–2024)
The table below shows the annual net assets of Azzas 2154 S.A. from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$7.72 Billion | +163.61% |
| 2023-12-31 | R$2.93 Billion | +10.34% |
| 2022-12-31 | R$2.65 Billion | +66.75% |
| 2021-12-31 | R$1.59 Billion | +18.05% |
| 2020-12-31 | R$1.35 Billion | +80.76% |
| 2019-12-31 | R$746.07 Million | +4.88% |
| 2018-12-31 | R$711.34 Million | +6.98% |
| 2017-12-31 | R$664.96 Million | -0.71% |
| 2016-12-31 | R$669.70 Million | +8.38% |
| 2015-12-31 | R$617.90 Million | +7.22% |
| 2014-12-31 | R$576.29 Million | +12.00% |
| 2013-12-31 | R$514.54 Million | +13.36% |
| 2012-12-31 | R$453.90 Million | +18.19% |
| 2011-12-31 | R$384.05 Million | +162.65% |
| 2010-12-31 | R$146.22 Million | +22.33% |
| 2009-12-31 | R$119.53 Million | +39.85% |
| 2008-12-31 | R$85.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Azzas 2154 S.A.'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 106386000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$1.06 Billion | 13.81% |
| Common Stock | R$2.32 Billion | 30.08% |
| Other Components | R$4.32 Billion | 56.11% |
| Total Equity | R$7.70 Billion | 100.00% |
Azzas 2154 S.A. Competitors by Market Cap
The table below lists competitors of Azzas 2154 S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cosonic Intelligent Tech Co Ltd
SHE:300793
|
$555.77 Million |
|
MultiChoice Group Limited
F:30R
|
$555.77 Million |
|
STAAR Surgical Company
NASDAQ:STAA
|
$555.80 Million |
|
Sunway Co Ltd
SHG:603333
|
$555.88 Million |
|
PCBL LIMITED
NSE:PCBL
|
$555.40 Million |
|
Shanghai Suochen Information Technology Co. Ltd. A
SHG:688507
|
$555.17 Million |
|
Alimak Hek Group AB
ST:ALIG
|
$555.09 Million |
|
Becle SA de CV
PINK:BCCLF
|
$555.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Azzas 2154 S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,909,553,000 to 7,702,653,000, a change of 4,793,100,000 (164.7%).
- Net income of 341,727,000 contributed positively to equity growth.
- Dividend payments of 60,000,000 reduced retained earnings.
- Other factors increased equity by 4,511,373,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$341.73 Million | +4.44% |
| Dividends Paid | R$60.00 Million | -0.78% |
| Other Changes | R$4.51 Billion | +58.57% |
| Total Change | R$- | 164.74% |
Book Value vs Market Value Analysis
This analysis compares Azzas 2154 S.A.'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: 0.48x
- 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 6.30x to 0.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | R$4.37 | R$27.52 | x |
| 2009-12-31 | R$6.11 | R$27.52 | x |
| 2010-12-31 | R$1.87 | R$27.52 | x |
| 2011-12-31 | R$4.38 | R$27.52 | x |
| 2012-12-31 | R$5.12 | R$27.52 | x |
| 2013-12-31 | R$5.80 | R$27.52 | x |
| 2014-12-31 | R$6.49 | R$27.52 | x |
| 2015-12-31 | R$6.95 | R$27.52 | x |
| 2016-12-31 | R$7.50 | R$27.52 | x |
| 2017-12-31 | R$7.38 | R$27.52 | x |
| 2018-12-31 | R$7.86 | R$27.52 | x |
| 2019-12-31 | R$8.19 | R$27.52 | x |
| 2020-12-31 | R$14.66 | R$27.52 | x |
| 2021-12-31 | R$15.65 | R$27.52 | x |
| 2022-12-31 | R$23.50 | R$27.52 | x |
| 2023-12-31 | R$25.59 | R$27.52 | x |
| 2024-12-31 | R$57.77 | R$27.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Azzas 2154 S.A. 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): 4.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.08%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.98x
- Recent ROE (4.44%) is below the historical average (21.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 26.13% | 6.08% | 1.78x | 2.41x | R$13.78 Million |
| 2009 | 40.77% | 11.83% | 1.73x | 1.99x | R$36.79 Million |
| 2010 | 44.14% | 11.29% | 2.13x | 1.83x | R$49.91 Million |
| 2011 | 23.85% | 13.49% | 1.33x | 1.33x | R$53.21 Million |
| 2012 | 21.34% | 11.26% | 1.35x | 1.40x | R$51.48 Million |
| 2013 | 21.49% | 11.48% | 1.37x | 1.37x | R$59.10 Million |
| 2014 | 19.57% | 10.71% | 1.32x | 1.38x | R$55.12 Million |
| 2015 | 19.37% | 10.68% | 1.31x | 1.38x | R$57.87 Million |
| 2016 | 17.34% | 9.37% | 1.37x | 1.35x | R$49.18 Million |
| 2017 | 23.23% | 11.35% | 1.30x | 1.58x | R$87.97 Million |
| 2018 | 20.05% | 9.34% | 1.46x | 1.47x | R$71.51 Million |
| 2019 | 21.73% | 9.66% | 1.19x | 1.89x | R$87.53 Million |
| 2020 | 3.60% | 3.05% | 0.56x | 2.10x | R$-86.28 Million |
| 2021 | 21.70% | 11.81% | 0.87x | 2.12x | R$186.18 Million |
| 2022 | 16.00% | 10.03% | 0.91x | 1.76x | R$159.33 Million |
| 2023 | 13.73% | 8.24% | 0.81x | 2.05x | R$108.44 Million |
| 2024 | 4.44% | 4.08% | 0.55x | 1.98x | R$-428.54 Million |
Industry Comparison
This section compares Azzas 2154 S.A.'s net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $1,996,315,667
- Average return on equity (ROE) among peers: 12.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Azzas 2154 S.A. (AZZA3) | R$8.35 Billion | 26.13% | 0.86x | $555.47 Million |
| Alpargatas S.A (ALPA3) | $3.32 Billion | 17.11% | 0.83x | $307.02 Million |
| Grendene S.A (GRND3) | $2.62 Billion | 21.07% | 0.16x | $141.13 Million |
| Vulcabras Azaleia S.A (VULC3) | $48.43 Million | 0.58% | 4.55x | $299.63 Million |