CSN Mineração S.A
CSN Mineração S.A. engages in the iron ore mining business in Brazil. It operates Casa de Pedra and Engenho mines. The company also operates a hydroelectric power plant. The company was founded in 1913 and is based in São Paulo, Brazil. CSN Mineração S.A. operates as a subsidiary of Companhia Siderúrgica Nacional.
CSN Mineração S.A (CMIN3) - Net Assets
Latest net assets as of September 2025: R$10.18 Billion BRL
Based on the latest financial reports, CSN Mineração S.A (CMIN3) has net assets worth R$10.18 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$36.31 Billion) and total liabilities (R$26.14 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$10.18 Billion |
| % of Total Assets | 28.03% |
| Annual Growth Rate | N/A |
| 5-Year Change | -3.14% |
| 10-Year Change | 17.5% |
| Growth Volatility | 13.86 |
CSN Mineração S.A - Net Assets Trend (2014–2024)
This chart illustrates how CSN Mineração 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 CSN Mineração S.A (2014–2024)
The table below shows the annual net assets of CSN Mineração S.A from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$10.27 Billion | -4.02% |
| 2023-12-31 | R$10.70 Billion | -6.10% |
| 2022-12-31 | R$11.39 Billion | -18.61% |
| 2021-12-31 | R$14.00 Billion | +32.04% |
| 2020-12-31 | R$10.60 Billion | +13.30% |
| 2019-12-31 | R$9.36 Billion | -9.45% |
| 2018-12-31 | R$10.33 Billion | +4.53% |
| 2017-12-31 | R$9.89 Billion | +6.87% |
| 2016-12-31 | R$9.25 Billion | +5.85% |
| 2015-12-31 | R$8.74 Billion | +56114.31% |
| 2014-12-31 | R$-15.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CSN Mineração 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 361393800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$3.57 Billion | 34.72% |
| Common Stock | R$7.47 Billion | 72.78% |
| Other Comprehensive Income | R$-587.25 Million | -5.72% |
| Total Equity | R$10.27 Billion | 100.00% |
CSN Mineração S.A Competitors by Market Cap
The table below lists competitors of CSN Mineração S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jinling Pharmaceutical Co Ltd
SHE:000919
|
$337.89 Million |
|
GHCL Limited
NSE:GHCL
|
$337.94 Million |
|
TX Group AG
SW:TXGN
|
$338.01 Million |
|
SNT Dynamics Co Ltd
KO:003570
|
$338.06 Million |
|
Standard Foods Corp
TW:1227
|
$337.65 Million |
|
CARTER BANKSHARES DL-01
F:6NH
|
$337.56 Million |
|
Anyang Iron & Steel Inc
SHG:600569
|
$337.44 Million |
|
Borusan Mannesmann Boru Sanayi ve Ticaret AS
IS:BRSAN
|
$337.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CSN Mineração S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,698,697,000 to 10,269,114,000, a change of -429,583,000 (-4.0%).
- Net income of 4,527,718,000 contributed positively to equity growth.
- Dividend payments of 3,560,041,000 reduced retained earnings.
- Share repurchases of 324,341,000 reduced equity.
- Other comprehensive income decreased equity by 396,310,000.
- Other factors decreased equity by 676,609,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$4.53 Billion | +44.09% |
| Dividends Paid | R$3.56 Billion | -34.67% |
| Share Repurchases | R$324.34 Million | -3.16% |
| Other Comprehensive Income | R$-396.31 Million | -3.86% |
| Other Changes | R$-676.61 Million | -6.59% |
| Total Change | R$- | -4.02% |
Book Value vs Market Value Analysis
This analysis compares CSN Mineração 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: 2.56x
- 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 |
|---|---|---|---|
| 2014-12-31 | R$-0.01 | R$4.84 | x |
| 2015-12-31 | R$3.92 | R$4.84 | x |
| 2016-12-31 | R$8.28 | R$4.84 | x |
| 2017-12-31 | R$1820.73 | R$4.84 | x |
| 2018-12-31 | R$1.85 | R$4.84 | x |
| 2019-12-31 | R$1.67 | R$4.84 | x |
| 2020-12-31 | R$1.90 | R$4.84 | x |
| 2021-12-31 | R$2.52 | R$4.84 | x |
| 2022-12-31 | R$2.08 | R$4.84 | x |
| 2023-12-31 | R$1.95 | R$4.84 | x |
| 2024-12-31 | R$1.89 | R$4.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CSN Mineração S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 44.09%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.45%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 3.54x
- Recent ROE (44.09%) is above the historical average (25.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | R$-5.86 Million |
| 2015 | 25.00% | 1114.06% | 0.01x | 1.66x | R$1.31 Billion |
| 2016 | 7.17% | 12.24% | 0.36x | 1.61x | R$-262.24 Million |
| 2017 | 8.87% | 15.94% | 0.34x | 1.65x | R$-111.68 Million |
| 2018 | 10.27% | 14.68% | 0.48x | 1.46x | R$28.39 Million |
| 2019 | 39.16% | 31.99% | 0.72x | 1.70x | R$2.73 Billion |
| 2020 | 38.02% | 29.23% | 0.70x | 1.85x | R$2.97 Billion |
| 2021 | 45.51% | 33.46% | 0.71x | 1.93x | R$4.97 Billion |
| 2022 | 25.89% | 22.23% | 0.53x | 2.20x | R$1.81 Billion |
| 2023 | 33.36% | 18.90% | 0.64x | 2.78x | R$2.50 Billion |
| 2024 | 44.09% | 27.45% | 0.45x | 3.54x | R$3.50 Billion |
Industry Comparison
This section compares CSN Mineração S.A's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $7,664,376,731
- Average return on equity (ROE) among peers: 23.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CSN Mineração S.A (CMIN3) | R$10.18 Billion | 0.00% | 2.57x | $337.73 Million |
| Cia de Ferro Ligas da Bahia - FERBASA (FESA3) | $3.04 Billion | 34.93% | 0.34x | $308.12 Million |
| Gerdau S.A (GGBR3) | $2.18 Billion | 16.21% | 1.92x | $3.29 Billion |
| Metalurgica Gerdau S.A (GOAU3) | $25.37 Billion | 3.15% | 1.02x | $1.04 Billion |
| Panatlântica S.A (PATI3) | $68.34 Million | 40.99% | 0.65x | $4.15 Million |