Centrais Elétricas de Santa Catarina S.A.
Centrais Elétricas de Santa Catarina S.A., through its subsidiaries, engages in the generation, transmission, and sale of electrical energy in Brazil. It primarily owns hydroelectric plants. The company was founded in 1955 and is based in Florianópolis, Brazil.
Centrais Elétricas de Santa Catarina S.A. (CLSC3) - Net Assets
Latest net assets as of September 2025: R$3.95 Billion BRL
Based on the latest financial reports, Centrais Elétricas de Santa Catarina S.A. (CLSC3) has net assets worth R$3.95 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$13.51 Billion) and total liabilities (R$9.56 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$3.95 Billion |
| % of Total Assets | 29.24% |
| Annual Growth Rate | 7.16% |
| 5-Year Change | 84.98% |
| 10-Year Change | 65.02% |
| Growth Volatility | 16.56 |
Centrais Elétricas de Santa Catarina S.A. - Net Assets Trend (2004–2024)
This chart illustrates how Centrais Elétricas de Santa Catarina 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 Centrais Elétricas de Santa Catarina S.A. (2004–2024)
The table below shows the annual net assets of Centrais Elétricas de Santa Catarina S.A. from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$3.67 Billion | +25.19% |
| 2023-12-31 | R$2.93 Billion | +1.71% |
| 2022-12-31 | R$2.88 Billion | +9.99% |
| 2021-12-31 | R$2.62 Billion | +32.08% |
| 2020-12-31 | R$1.98 Billion | +41.04% |
| 2019-12-31 | R$1.41 Billion | -21.86% |
| 2018-12-31 | R$1.80 Billion | -2.25% |
| 2017-12-31 | R$1.84 Billion | -11.25% |
| 2016-12-31 | R$2.08 Billion | -6.69% |
| 2015-12-31 | R$2.22 Billion | -5.07% |
| 2014-12-31 | R$2.34 Billion | +9.64% |
| 2013-12-31 | R$2.14 Billion | +20.26% |
| 2012-12-31 | R$1.78 Billion | -18.27% |
| 2011-12-31 | R$2.17 Billion | +12.06% |
| 2010-12-31 | R$1.94 Billion | -8.85% |
| 2009-12-31 | R$2.13 Billion | +20.30% |
| 2008-12-31 | R$1.77 Billion | +21.76% |
| 2007-12-31 | R$1.45 Billion | +20.51% |
| 2006-12-31 | R$1.21 Billion | +15.62% |
| 2005-12-31 | R$1.04 Billion | +13.25% |
| 2004-12-31 | R$921.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Centrais Elétricas de Santa Catarina 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 235093800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$2.35 Billion | 64.04% |
| Common Stock | R$2.48 Billion | 67.55% |
| Other Comprehensive Income | R$-1.16 Billion | -31.59% |
| Total Equity | R$3.67 Billion | 100.00% |
Centrais Elétricas de Santa Catarina S.A. Competitors by Market Cap
The table below lists competitors of Centrais Elétricas de Santa Catarina S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhengyuan Geomatics Group Co Ltd
SHG:688509
|
$235.60 Million |
|
Sampoerna Agro Tbk
JK:SGRO
|
$235.63 Million |
|
WITHSECURE CORP.
F:DTV0
|
$235.64 Million |
|
Rallis India Limited
NSE:RALLIS
|
$235.82 Million |
|
Bleichroeder Acquisition Corp. I Unit
NASDAQ:BACQU
|
$235.49 Million |
|
Longyan Kaolin Clay Co Ltd
SHG:605086
|
$235.46 Million |
|
CCCG Real Estate Corp Ltd
SHE:000736
|
$235.42 Million |
|
Huatian Hotel Group Co Ltd
SHE:000428
|
$235.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Centrais Elétricas de Santa Catarina S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,932,567,000 to 3,671,279,000, a change of 738,712,000 (25.2%).
- Net income of 715,802,000 contributed positively to equity growth.
- Dividend payments of 211,369,000 reduced retained earnings.
- Other comprehensive income increased equity by 254,672,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$715.80 Million | +19.5% |
| Dividends Paid | R$211.37 Million | -5.76% |
| Other Comprehensive Income | R$254.67 Million | +6.94% |
| Other Changes | R$-20.39 Million | -0.56% |
| Total Change | R$- | 25.19% |
Book Value vs Market Value Analysis
This analysis compares Centrais Elétricas de Santa Catarina 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: 1.30x
- 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 5.19x to 1.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | R$23.88 | R$124.01 | x |
| 2005-12-31 | R$27.04 | R$124.01 | x |
| 2006-12-31 | R$31.27 | R$124.01 | x |
| 2007-12-31 | R$37.68 | R$124.01 | x |
| 2008-12-31 | R$42.47 | R$124.01 | x |
| 2009-12-31 | R$44.84 | R$124.01 | x |
| 2010-12-31 | R$50.31 | R$124.01 | x |
| 2011-12-31 | R$55.85 | R$124.01 | x |
| 2012-12-31 | R$46.08 | R$124.01 | x |
| 2013-12-31 | R$55.42 | R$124.01 | x |
| 2014-12-31 | R$60.76 | R$124.01 | x |
| 2015-12-31 | R$57.68 | R$124.01 | x |
| 2016-12-31 | R$53.82 | R$124.01 | x |
| 2017-12-31 | R$47.76 | R$124.01 | x |
| 2018-12-31 | R$46.69 | R$124.01 | x |
| 2019-12-31 | R$36.48 | R$124.01 | x |
| 2020-12-31 | R$51.45 | R$124.01 | x |
| 2021-12-31 | R$67.96 | R$124.01 | x |
| 2022-12-31 | R$74.75 | R$124.01 | x |
| 2023-12-31 | R$76.03 | R$124.01 | x |
| 2024-12-31 | R$95.18 | R$124.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Centrais Elétricas de Santa Catarina 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): 19.50%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.73%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 3.55x
- Recent ROE (19.50%) is above the historical average (14.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 21.82% | 7.60% | 0.85x | 3.39x | R$108.87 Million |
| 2005 | 19.89% | 6.93% | 0.91x | 3.16x | R$103.17 Million |
| 2006 | 17.72% | 7.45% | 0.81x | 2.94x | R$93.05 Million |
| 2007 | 23.81% | 10.93% | 0.75x | 2.91x | R$200.65 Million |
| 2008 | 15.78% | 7.34% | 0.79x | 2.71x | R$94.62 Million |
| 2009 | 7.19% | 3.56% | 0.74x | 2.74x | R$-48.55 Million |
| 2010 | 14.10% | 6.78% | 0.81x | 2.58x | R$79.47 Million |
| 2011 | 14.18% | 7.73% | 0.78x | 2.35x | R$95.48 Million |
| 2012 | -14.39% | -5.79% | 0.83x | 3.01x | R$-433.46 Million |
| 2013 | 9.30% | 4.36% | 0.81x | 2.63x | R$-14.87 Million |
| 2014 | 21.89% | 8.22% | 1.01x | 2.63x | R$278.71 Million |
| 2015 | 5.87% | 1.90% | 0.86x | 3.59x | R$-91.80 Million |
| 2016 | -0.47% | -0.18% | 0.64x | 4.16x | R$-217.40 Million |
| 2017 | 3.61% | 0.94% | 0.78x | 4.92x | R$-117.74 Million |
| 2018 | 9.16% | 2.15% | 0.78x | 5.47x | R$-15.05 Million |
| 2019 | 20.15% | 3.89% | 0.77x | 6.75x | R$142.86 Million |
| 2020 | 26.13% | 6.33% | 0.77x | 5.37x | R$320.22 Million |
| 2021 | 21.48% | 5.27% | 0.89x | 4.56x | R$301.04 Million |
| 2022 | 18.75% | 5.83% | 0.80x | 4.03x | R$252.24 Million |
| 2023 | 18.99% | 5.35% | 0.85x | 4.20x | R$263.78 Million |
| 2024 | 19.50% | 6.73% | 0.82x | 3.55x | R$348.67 Million |
Industry Comparison
This section compares Centrais Elétricas de Santa Catarina S.A.'s net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $2,463,815,000
- Average return on equity (ROE) among peers: 8.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Centrais Elétricas de Santa Catarina S.A. (CLSC3) | R$3.95 Billion | 21.82% | 2.42x | $235.53 Million |
| Afluente Transmissão de Energia Elétrica S.A (AFLT3) | $78.42 Million | 16.11% | 0.14x | $1.00 Million |
| Companhia Energética de Brasília - CEB (CEBR3) | $1.00 Billion | 11.90% | 2.68x | $73.31 Million |
| Companhiade Eletricidade do Estado da Bahia - COELBA (CEEB3) | $5.21 Billion | 12.27% | 1.79x | $20.78 Million |
| Companhia Estadual de Distribuição de Energia Elétrica (CEED3) | $-3.62 Billion | 0.00% | 0.00x | $144.84K |
| Companhia Energética do Ceará - Coelce (COCE3) | $2.31 Billion | 16.99% | 1.13x | $70.61 Million |
| CPFL Energia S.A (CPFE3) | $9.40 Billion | 10.10% | 2.74x | $1.48 Billion |
| Energisa S.A (ENGI3) | $4.77 Billion | 3.24% | 3.19x | $732.17 Million |
| Energisa Mato Grosso - Distribuidora de Energia S/A (ENMT3) | $1.80 Billion | 0.27% | 2.29x | $43.07 Million |
| Equatorial Pará Distribuidora de Energia S.A (EQPA3) | $1.23 Billion | 8.02% | 1.70x | $46.76 Million |