Financeira Alfa S.A. - Crédito Financiamento e Investimentos
Financeira Alfa S.A. - Crédito, Financiamento e Investimentos provides credit solutions in Brazil. It offers direct consumer credit; discount on receivables; special financing; personal credit; hybrid and electric vehicles, electric chargers, photovoltaic panels, and premium bicycles financing services; payroll loans; vehicle leasing; and aircrafts and vessels credit solutions. The company was in… Read more
Financeira Alfa S.A. - Crédito Financiamento e Investimentos (CRIV3) - Net Assets
Latest net assets as of December 2023: R$1.08 Billion BRL
Based on the latest financial reports, Financeira Alfa S.A. - Crédito Financiamento e Investimentos (CRIV3) has net assets worth R$1.08 Billion BRL as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$17.37 Billion) and total liabilities (R$16.29 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$1.08 Billion |
| % of Total Assets | 6.22% |
| Annual Growth Rate | 7.09% |
| 5-Year Change | 13.65% |
| 10-Year Change | 41.1% |
| Growth Volatility | 3.5 |
Financeira Alfa S.A. - Crédito Financiamento e Investimentos - Net Assets Trend (2000–2023)
This chart illustrates how Financeira Alfa S.A. - Crédito Financiamento e Investimentos's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Financeira Alfa S.A. - Crédito Financiamento e Investimentos (2000–2023)
The table below shows the annual net assets of Financeira Alfa S.A. - Crédito Financiamento e Investimentos from 2000 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | R$1.08 Billion | -0.01% |
| 2022-12-31 | R$1.08 Billion | +1.87% |
| 2021-12-31 | R$1.06 Billion | +5.61% |
| 2020-12-31 | R$1.00 Billion | +5.65% |
| 2019-12-31 | R$950.89 Million | +5.77% |
| 2018-12-31 | R$899.06 Million | +5.65% |
| 2017-12-31 | R$851.00 Million | +5.75% |
| 2016-12-31 | R$804.76 Million | +2.94% |
| 2015-12-31 | R$781.75 Million | +2.07% |
| 2014-12-31 | R$765.93 Million | +3.06% |
| 2013-12-31 | R$743.18 Million | +5.59% |
| 2012-12-31 | R$703.84 Million | +9.15% |
| 2011-12-31 | R$644.86 Million | +8.04% |
| 2010-12-31 | R$596.87 Million | +11.60% |
| 2009-12-31 | R$534.81 Million | +10.17% |
| 2008-12-31 | R$485.43 Million | +9.01% |
| 2007-12-31 | R$445.31 Million | +10.87% |
| 2006-12-31 | R$401.64 Million | +12.03% |
| 2005-12-31 | R$358.51 Million | +11.80% |
| 2004-12-31 | R$320.68 Million | +12.14% |
| 2003-12-31 | R$285.96 Million | +9.52% |
| 2002-12-31 | R$261.10 Million | +8.27% |
| 2001-12-31 | R$241.15 Million | +7.81% |
| 2000-12-31 | R$223.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Financeira Alfa S.A. - Crédito Financiamento e Investimentos'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 105.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | R$529.54 Million | 50.28% |
| Other Comprehensive Income | R$530.61 Million | 50.38% |
| Total Equity | R$1.05 Billion | 100.00% |
Financeira Alfa S.A. - Crédito Financiamento e Investimentos Competitors by Market Cap
The table below lists competitors of Financeira Alfa S.A. - Crédito Financiamento e Investimentos ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pacific Petroleum Transportation JSC
VN:PVP
|
$57.55 Million |
|
OXFORD METRICS LS-0025
F:RNI
|
$57.58 Million |
|
Kestrel Group, Ltd.
NYSE:KG
|
$57.58 Million |
|
Nekkar Asa
OL:NKR
|
$57.62 Million |
|
Northern Ocean Ltd
PINK:NTNOF
|
$57.52 Million |
|
Mereo BioPharma Group plc
F:MAH0
|
$57.50 Million |
|
Cheng Fwa Industrial Ltd
TWO:5426
|
$57.46 Million |
|
1895 of Wisconsin Inc Bancorp
NASDAQ:BCOW
|
$57.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Financeira Alfa S.A. - Crédito Financiamento e Investimentos's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,056,098,000 to 1,053,278,000, a change of -2,820,000 (-0.3%).
- Net income of 18,578,000 contributed positively to equity growth.
- Dividend payments of 19,564,000 reduced retained earnings.
- Other comprehensive income decreased equity by 15,565,001.
- Other factors increased equity by 13,731,001.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$18.58 Million | +1.76% |
| Dividends Paid | R$19.56 Million | -1.86% |
| Other Comprehensive Income | R$-15.57 Million | -1.48% |
| Other Changes | R$13.73 Million | +1.3% |
| Total Change | R$- | -0.27% |
Book Value vs Market Value Analysis
This analysis compares Financeira Alfa S.A. - Crédito Financiamento e Investimentos'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: 0.68x
- 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 1.84x to 0.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | R$3.80 | R$6.98 | x |
| 2007-12-31 | R$4.21 | R$6.98 | x |
| 2008-12-31 | R$4.59 | R$6.98 | x |
| 2009-12-31 | R$5.06 | R$6.98 | x |
| 2010-12-31 | R$5.64 | R$6.98 | x |
| 2011-12-31 | R$4.85 | R$6.98 | x |
| 2012-12-31 | R$6.65 | R$6.98 | x |
| 2013-12-31 | R$7.03 | R$6.98 | x |
| 2014-12-31 | R$7.24 | R$6.98 | x |
| 2015-12-31 | R$7.55 | R$6.98 | x |
| 2016-12-31 | R$7.77 | R$6.98 | x |
| 2017-12-31 | R$8.27 | R$6.98 | x |
| 2018-12-31 | R$8.75 | R$6.98 | x |
| 2019-12-31 | R$7.08 | R$6.98 | x |
| 2020-12-31 | R$9.20 | R$6.98 | x |
| 2021-12-31 | R$10.10 | R$6.98 | x |
| 2022-12-31 | R$10.29 | R$6.98 | x |
| 2023-12-31 | R$10.26 | R$6.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Financeira Alfa S.A. - Crédito Financiamento e Investimentos utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.89%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 16.49x
- Recent ROE (1.76%) is below the historical average (9.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 7.98% | 24.58% | 0.11x | 2.98x | R$-4.53 Million |
| 2001 | 10.50% | 24.41% | 0.13x | 3.37x | R$1.21 Million |
| 2002 | 11.18% | 25.24% | 0.11x | 4.12x | R$3.09 Million |
| 2003 | 12.07% | 23.87% | 0.11x | 4.59x | R$5.92 Million |
| 2004 | 14.56% | 26.61% | 0.13x | 4.28x | R$14.64 Million |
| 2005 | 14.28% | 25.05% | 0.12x | 4.62x | R$15.34 Million |
| 2006 | 14.80% | 29.83% | 0.09x | 5.70x | R$19.28 Million |
| 2007 | 13.50% | 29.06% | 0.07x | 6.25x | R$15.59 Million |
| 2008 | 11.34% | 25.05% | 0.07x | 6.66x | R$6.48 Million |
| 2009 | 12.69% | 45.46% | 0.05x | 5.19x | R$14.37 Million |
| 2010 | 6.22% | 17.23% | 0.07x | 5.06x | R$-22.55 Million |
| 2011 | 10.70% | 28.90% | 0.06x | 6.18x | R$4.52 Million |
| 2012 | 13.41% | 26.23% | 0.06x | 8.65x | R$23.98 Million |
| 2013 | 7.19% | 20.08% | 0.05x | 7.94x | R$-20.92 Million |
| 2014 | 4.85% | 12.04% | 0.06x | 6.71x | R$-39.44 Million |
| 2015 | 5.00% | 11.99% | 0.07x | 6.32x | R$-39.11 Million |
| 2016 | 4.98% | 4.09% | 0.25x | 4.95x | R$-40.42 Million |
| 2017 | 7.63% | 7.94% | 0.15x | 6.32x | R$-20.13 Million |
| 2018 | 7.57% | 8.76% | 0.13x | 6.60x | R$-21.85 Million |
| 2019 | 7.58% | 7.82% | 0.15x | 6.44x | R$-22.97 Million |
| 2020 | 5.14% | 7.42% | 0.07x | 9.50x | R$-47.69 Million |
| 2021 | 7.34% | 11.09% | 0.06x | 10.79x | R$-27.61 Million |
| 2022 | 3.66% | 2.58% | 0.11x | 12.69x | R$-66.97 Million |
| 2023 | 1.76% | 0.89% | 0.12x | 16.49x | R$-86.75 Million |
Industry Comparison
This section compares Financeira Alfa S.A. - Crédito Financiamento e Investimentos's net assets metrics with peer companies in the Financial Conglomerates industry.
Industry Context
- Industry: Financial Conglomerates
- Average net assets among peers: $379,094,000
- Average return on equity (ROE) among peers: 4.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Financeira Alfa S.A. - Crédito Financiamento e Investimentos (CRIV3) | R$1.08 Billion | 7.98% | 15.08x | $57.54 Million |
| Consórcio Alfa de Administração S.A (BRGE3) | $379.09 Million | 4.11% | 1.79x | $58.72 Million |