Brisanet Participacoes SA
Brisanet Participações S.A. provides telecommunications services and SCM equipment services in Brazil. The company offers computer services; fiber optic network installation services and radio; pay television; pay television operators through cable services. It also engages in the wholesale, retail, and import trade of computer and communication equipment telecommunications and cameras and materi… Read more
Brisanet Participacoes SA (BRIT3) - Net Assets
Latest net assets as of September 2024: R$1.56 Billion BRL
Based on the latest financial reports, Brisanet Participacoes SA (BRIT3) has net assets worth R$1.56 Billion BRL as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$4.06 Billion) and total liabilities (R$2.50 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$1.56 Billion |
| % of Total Assets | 38.48% |
| Annual Growth Rate | 89.74% |
| 5-Year Change | 1299.91% |
| 10-Year Change | N/A |
| Growth Volatility | 372.37 |
Brisanet Participacoes SA - Net Assets Trend (2018–2023)
This chart illustrates how Brisanet Participacoes 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 Brisanet Participacoes SA (2018–2023)
The table below shows the annual net assets of Brisanet Participacoes SA from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | R$1.51 Billion | +9.39% |
| 2022-12-31 | R$1.38 Billion | +2.72% |
| 2021-12-31 | R$1.34 Billion | +955.13% |
| 2020-12-31 | R$127.20 Million | +18.08% |
| 2019-12-31 | R$107.72 Million | +75.59% |
| 2018-12-31 | R$61.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brisanet Participacoes 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 290.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$232.66 Million | 15.46% |
| Common Stock | R$1.28 Billion | 85.18% |
| Other Comprehensive Income | R$-40.25 Million | -2.68% |
| Other Components | R$30.49 Million | 2.03% |
| Total Equity | R$1.50 Billion | 100.00% |
Brisanet Participacoes SA Competitors by Market Cap
The table below lists competitors of Brisanet Participacoes SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Selcuk Gida Endustri Ihracat Ithalat AS
IS:SELGD
|
$46.28 Million |
|
Pathfinder Bancorp Inc
NASDAQ:PBHC
|
$46.29 Million |
|
Hankook Cosmet
KO:123690
|
$46.30 Million |
|
Universal Electronics Inc
NASDAQ:UEIC
|
$46.30 Million |
|
Furonteer Inc.
KQ:370090
|
$46.27 Million |
|
Cygnus Metals Limited
OTCGREY:CYGGF
|
$46.27 Million |
|
Arn Media Ltd
AU:A1N
|
$46.27 Million |
|
Burelle S.A.
LSE:0OG5
|
$46.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brisanet Participacoes SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,378,623,000 to 1,504,507,000, a change of 125,884,000 (9.1%).
- Net income of 163,653,000 contributed positively to equity growth.
- Dividend payments of 14,418,000 reduced retained earnings.
- Share repurchases of 353,000 reduced equity.
- Other factors decreased equity by 22,998,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$163.65 Million | +10.88% |
| Dividends Paid | R$14.42 Million | -0.96% |
| Share Repurchases | R$353.00K | -0.02% |
| Other Changes | R$-23.00 Million | -1.53% |
| Total Change | R$- | 9.13% |
Book Value vs Market Value Analysis
This analysis compares Brisanet Participacoes 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: 0.91x
- 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 22.40x to 0.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | R$0.14 | R$3.06 | x |
| 2019-12-31 | R$41.76 | R$3.06 | x |
| 2020-12-31 | R$1.92 | R$3.06 | x |
| 2021-12-31 | R$2.99 | R$3.06 | x |
| 2022-12-31 | R$3.09 | R$3.06 | x |
| 2023-12-31 | R$3.38 | R$3.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brisanet Participacoes 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): 10.88%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.33%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 2.12x
- Recent ROE (10.88%) is below the historical average (21.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 41.12% | 11.74% | 0.86x | 4.05x | R$19.09 Million |
| 2019 | 47.41% | 17.43% | 0.63x | 4.30x | R$40.30 Million |
| 2020 | 22.90% | 6.17% | 0.46x | 8.01x | R$16.41 Million |
| 2021 | 0.17% | 0.31% | 0.25x | 2.16x | R$-131.97 Million |
| 2022 | 4.40% | 6.67% | 0.30x | 2.23x | R$-77.16 Million |
| 2023 | 10.88% | 13.33% | 0.38x | 2.12x | R$13.20 Million |
Industry Comparison
This section compares Brisanet Participacoes SA's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $1,139,124,054
- Average return on equity (ROE) among peers: 8.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brisanet Participacoes SA (BRIT3) | R$1.56 Billion | 41.12% | 1.60x | $46.28 Million |
| Atom Empreendimentos e Participações S.A (ATOM3) | $-20.33 Million | 0.00% | 0.00x | $5.10 Million |
| BRISANET ON NM (BRST3) | $1.52 Billion | 4.00% | 1.65x | $41.01 Million |
| Desktop - Sigmanet Comunicação Multimídia S.A. (DESK3) | $1.28 Billion | 7.97% | 1.54x | $71.45 Million |
| DTCOM - Direct to Company S.A (DTCY3) | $3.72 Million | -35.03% | 3.35x | $765.33K |
| Fictor Alimentos S.A. (FICT3) | $5.08 Million | 41.59% | 2.15x | $470.31K |
| Unifique Telecomunicações S.A. (FIQE3) | $33.76 Million | 42.28% | 1.01x | $87.71 Million |
| Livetech da Bahia Industria (LVTC3) | $635.11 Million | -1.87% | 1.13x | $11.09 Million |
| Oi S.A (OIBR3) | $5.83 Billion | 9.64% | 0.29x | $9.03 Million |
| TIM S.A. (TIMS3) | $958.00 Million | 6.25% | 0.57x | $42.98K |