CIA Energetica Do Ceara - COELCE
CIA Energetica Do Ceara - COELCE operates in various business sectors.
CIA Energetica Do Ceara - COELCE (COCE6) - Net Assets
Latest net assets as of September 2024: R$5.04 Billion BRL
Based on the latest financial reports, CIA Energetica Do Ceara - COELCE (COCE6) has net assets worth R$5.04 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$13.71 Billion) and total liabilities (R$8.67 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$5.04 Billion |
| % of Total Assets | 36.79% |
| Annual Growth Rate | 7.06% |
| 5-Year Change | 34.59% |
| 10-Year Change | 144.26% |
| Growth Volatility | 12.03 |
CIA Energetica Do Ceara - COELCE - Net Assets Trend (2004–2023)
This chart illustrates how CIA Energetica Do Ceara - COELCE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CIA Energetica Do Ceara - COELCE (2004–2023)
The table below shows the annual net assets of CIA Energetica Do Ceara - COELCE from 2004 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | R$4.19 Billion | +5.92% |
| 2022-12-31 | R$3.96 Billion | +13.48% |
| 2021-12-31 | R$3.49 Billion | +7.93% |
| 2020-12-31 | R$3.23 Billion | +3.74% |
| 2019-12-31 | R$3.11 Billion | +8.78% |
| 2018-12-31 | R$2.86 Billion | +10.83% |
| 2017-12-31 | R$2.58 Billion | +11.65% |
| 2016-12-31 | R$2.31 Billion | +15.38% |
| 2015-12-31 | R$2.01 Billion | +16.85% |
| 2014-12-31 | R$1.72 Billion | +9.55% |
| 2013-12-31 | R$1.57 Billion | +0.38% |
| 2012-12-31 | R$1.56 Billion | +6.07% |
| 2011-12-31 | R$1.47 Billion | +8.42% |
| 2010-12-31 | R$1.36 Billion | +30.63% |
| 2009-12-31 | R$1.04 Billion | +13.26% |
| 2008-12-31 | R$917.10 Million | +7.84% |
| 2007-12-31 | R$850.45 Million | +8.97% |
| 2006-12-31 | R$780.46 Million | +6.34% |
| 2005-12-31 | R$733.92 Million | -35.98% |
| 2004-12-31 | R$1.15 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CIA Energetica Do Ceara - COELCE'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | R$1.28 Billion | 30.60% |
| Other Components | R$2.91 Billion | 69.40% |
| Total Equity | R$4.19 Billion | 100.00% |
CIA Energetica Do Ceara - COELCE Competitors by Market Cap
The table below lists competitors of CIA Energetica Do Ceara - COELCE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SEPLAT ENERGY PLC
XNSA:SEPLAT
|
$53.58K |
|
Liberty Northwest Bancorp Inc.
OTCQX:LBNW
|
$53.60K |
|
Faircourt Gold Income Corp
NEO:FGX
|
$53.61K |
|
337840
KO:337840
|
$53.61K |
|
UNDER ARMOUR-A (U9R.SG)
STU:U9R
|
$53.57K |
|
NANOSPHERE HEA.SCIENCES
F:2CG
|
$53.56K |
|
DFS Furniture PLC
LSE:DFS
|
$53.42K |
|
NATIONAL MICROFINANCE BANK PLC
DSE:NMB
|
$53.31K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CIA Energetica Do Ceara - COELCE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,956,902,000 to 4,191,147,000, a change of 234,245,000 (5.9%).
- Net income of 315,476,000 contributed positively to equity growth.
- Dividend payments of 173,659,000 reduced retained earnings.
- Other factors increased equity by 92,428,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$315.48 Million | +7.53% |
| Dividends Paid | R$173.66 Million | -4.14% |
| Other Changes | R$92.43 Million | +2.21% |
| Total Change | R$- | 5.92% |
Book Value vs Market Value Analysis
This analysis compares CIA Energetica Do Ceara - COELCE'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: 0.65x
- 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 2.38x to 0.65x 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$14.72 | R$35.00 | x |
| 2005-12-31 | R$9.43 | R$35.00 | x |
| 2006-12-31 | R$10.02 | R$35.00 | x |
| 2007-12-31 | R$10.92 | R$35.00 | x |
| 2008-12-31 | R$11.78 | R$35.00 | x |
| 2009-12-31 | R$13.34 | R$35.00 | x |
| 2010-12-31 | R$17.43 | R$35.00 | x |
| 2011-12-31 | R$30.60 | R$35.00 | x |
| 2012-12-31 | R$32.46 | R$35.00 | x |
| 2013-12-31 | R$32.59 | R$35.00 | x |
| 2014-12-31 | R$22.04 | R$35.00 | x |
| 2015-12-31 | R$25.75 | R$35.00 | x |
| 2016-12-31 | R$29.71 | R$35.00 | x |
| 2017-12-31 | R$53.73 | R$35.00 | x |
| 2018-12-31 | R$36.77 | R$35.00 | x |
| 2019-12-31 | R$40.00 | R$35.00 | x |
| 2020-12-31 | R$41.49 | R$35.00 | x |
| 2021-12-31 | R$44.79 | R$35.00 | x |
| 2022-12-31 | R$50.82 | R$35.00 | x |
| 2023-12-31 | R$53.83 | R$35.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CIA Energetica Do Ceara - COELCE utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.97%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 3.13x
- Recent ROE (7.53%) is below the historical average (20.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 3.19% | 2.74% | 0.56x | 2.08x | R$-78.10 Million |
| 2005 | 25.77% | 12.72% | 0.62x | 3.27x | R$115.73 Million |
| 2006 | 38.22% | 17.63% | 0.67x | 3.22x | R$220.21 Million |
| 2007 | 28.78% | 14.38% | 0.66x | 3.03x | R$159.71 Million |
| 2008 | 36.91% | 17.68% | 0.69x | 3.03x | R$246.81 Million |
| 2009 | 32.20% | 15.62% | 0.74x | 2.77x | R$230.58 Million |
| 2010 | 34.78% | 16.56% | 0.93x | 2.27x | R$336.22 Million |
| 2011 | 32.03% | 17.93% | 0.78x | 2.28x | R$324.08 Million |
| 2012 | 26.92% | 14.51% | 0.81x | 2.28x | R$263.97 Million |
| 2013 | 10.00% | 5.49% | 0.85x | 2.15x | R$-76.30K |
| 2014 | 14.66% | 6.95% | 0.90x | 2.35x | R$79.97 Million |
| 2015 | 18.11% | 8.79% | 0.90x | 2.30x | R$162.57 Million |
| 2016 | 16.99% | 9.59% | 0.83x | 2.13x | R$161.71 Million |
| 2017 | 16.87% | 9.48% | 0.81x | 2.21x | R$177.49 Million |
| 2018 | 12.73% | 7.14% | 0.79x | 2.27x | R$78.26 Million |
| 2019 | 13.00% | 7.53% | 0.62x | 2.78x | R$93.50 Million |
| 2020 | 8.21% | 4.52% | 0.63x | 2.90x | R$-57.87 Million |
| 2021 | 14.01% | 6.02% | 0.72x | 3.22x | R$139.91 Million |
| 2022 | 16.19% | 4.71% | 1.11x | 3.11x | R$244.88 Million |
| 2023 | 7.53% | 3.97% | 0.61x | 3.13x | R$-103.64 Million |
Industry Comparison
This section compares CIA Energetica Do Ceara - COELCE's net assets metrics with peer companies in the same industry.
No peer company data available for comparison.