Companhia Tecidos Santanense Ltda (CTSA3) - Net Assets
Based on the latest financial reports, Companhia Tecidos Santanense Ltda (CTSA3) has net assets worth R$99.10 Million BRL (≈ $19.45 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$673.13 Million ≈ $132.08 Million USD) and total liabilities (R$574.03 Million ≈ $112.63 Million USD). 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. Check CTSA3 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$99.10 Million |
| % of Total Assets | 14.72% |
| Annual Growth Rate | 0.46% |
| 5-Year Change | -65.02% |
| 10-Year Change | -60.45% |
| Growth Volatility | 30.79 |
Companhia Tecidos Santanense Ltda - Net Assets Trend (2000–2024)
This chart illustrates how Companhia Tecidos Santanense Ltda's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Companhia Tecidos Santanense Ltda for the complete picture of this company's asset base.
Annual Net Assets for Companhia Tecidos Santanense Ltda (2000–2024)
The table below shows the annual net assets of Companhia Tecidos Santanense Ltda from 2000 to 2024. For live valuation and market cap data, see CTSA3 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$99.10 Million ≈ $19.45 Million |
-54.28% |
| 2023-12-31 | R$216.76 Million ≈ $42.53 Million |
-30.38% |
| 2022-12-31 | R$311.35 Million ≈ $61.09 Million |
+2.09% |
| 2021-12-31 | R$304.98 Million ≈ $59.84 Million |
+7.66% |
| 2020-12-31 | R$283.29 Million ≈ $55.59 Million |
-1.72% |
| 2019-12-31 | R$288.24 Million ≈ $56.56 Million |
+3.83% |
| 2018-12-31 | R$277.61 Million ≈ $54.47 Million |
+5.70% |
| 2017-12-31 | R$262.64 Million ≈ $51.53 Million |
+6.15% |
| 2016-12-31 | R$247.42 Million ≈ $48.55 Million |
-1.25% |
| 2015-12-31 | R$250.55 Million ≈ $49.16 Million |
-7.75% |
| 2014-12-31 | R$271.59 Million ≈ $53.29 Million |
-0.30% |
| 2013-12-31 | R$272.42 Million ≈ $53.45 Million |
+11.18% |
| 2012-12-31 | R$245.03 Million ≈ $48.08 Million |
+10.77% |
| 2011-12-31 | R$221.20 Million ≈ $43.40 Million |
+9.52% |
| 2010-12-31 | R$201.97 Million ≈ $39.63 Million |
+9.41% |
| 2009-12-31 | R$184.59 Million ≈ $36.22 Million |
+8.61% |
| 2008-12-31 | R$169.97 Million ≈ $33.35 Million |
+17.42% |
| 2007-12-31 | R$144.75 Million ≈ $28.40 Million |
+3.21% |
| 2006-12-31 | R$140.25 Million ≈ $27.52 Million |
+3.73% |
| 2005-12-31 | R$135.21 Million ≈ $26.53 Million |
+32.66% |
| 2004-12-31 | R$101.92 Million ≈ $20.00 Million |
+123.17% |
| 2003-12-31 | R$45.67 Million ≈ $8.96 Million |
-42.85% |
| 2002-12-31 | R$79.91 Million ≈ $15.68 Million |
-14.79% |
| 2001-12-31 | R$93.78 Million ≈ $18.40 Million |
+5.57% |
| 2000-12-31 | R$88.83 Million ≈ $17.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Companhia Tecidos Santanense Ltda'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 1218.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | R$180.00 Million | 181.63% |
| Other Comprehensive Income | R$71.96 Million | 72.61% |
| Total Equity | R$99.10 Million | 100.00% |
Companhia Tecidos Santanense Ltda Competitors by Market Cap
The table below lists competitors of Companhia Tecidos Santanense Ltda ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CREATIVEF. G.S.A-K ZY-23
F:19F
|
$981.46K |
|
Mulberry Group PLC
LSE:MUL
|
$981.70K |
|
22nd Century Group Inc
NASDAQ:XXII
|
$988.23K |
|
TH1NG AB
ST:TH1NG
|
$988.27K |
|
Virax Biolabs Group Limited Ordinary Shares
NASDAQ:VRAX
|
$978.41K |
|
FKS Food Sejahtera Tbk PT
JK:AISA
|
$972.99K |
|
HCW Biologics Inc
NASDAQ:HCWB
|
$972.53K |
|
Iofina plc
LSE:IOF
|
$968.76K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Companhia Tecidos Santanense Ltda's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 216,765,000 to 99,103,000, a change of -117,662,000 (-54.3%).
- Net loss of 161,364,000 reduced equity.
- Other comprehensive income increased equity by 43,702,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$-161.36 Million | -162.82% |
| Other Comprehensive Income | R$43.70 Million | +44.1% |
| Other Changes | R$-1.00 | -0.0% |
| Total Change | R$- | -54.28% |
Book Value vs Market Value Analysis
This analysis compares Companhia Tecidos Santanense Ltda'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: 0.15x
- 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 0.42x to 0.15x 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$5.04 | R$2.10 | x |
| 2007-12-31 | R$5.20 | R$2.10 | x |
| 2008-12-31 | R$6.11 | R$2.10 | x |
| 2009-12-31 | R$6.63 | R$2.10 | x |
| 2010-12-31 | R$7.50 | R$2.10 | x |
| 2011-12-31 | R$7.95 | R$2.10 | x |
| 2012-12-31 | R$8.81 | R$2.10 | x |
| 2013-12-31 | R$9.79 | R$2.10 | x |
| 2014-12-31 | R$9.76 | R$2.10 | x |
| 2015-12-31 | R$9.00 | R$2.10 | x |
| 2016-12-31 | R$9.19 | R$2.10 | x |
| 2017-12-31 | R$9.44 | R$2.10 | x |
| 2018-12-31 | R$9.98 | R$2.10 | x |
| 2019-12-31 | R$10.36 | R$2.10 | x |
| 2020-12-31 | R$10.18 | R$2.10 | x |
| 2021-12-31 | R$43.84 | R$2.10 | x |
| 2022-12-31 | R$44.76 | R$2.10 | x |
| 2023-12-31 | R$31.16 | R$2.10 | x |
| 2024-12-31 | R$14.25 | R$2.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Companhia Tecidos Santanense Ltda utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -162.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -453.89%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 6.79x
- Recent ROE (-162.82%) is below the historical average (-1.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 8.76% | 5.25% | 0.79x | 2.10x | R$-1.07 Million |
| 2004 | 19.84% | 9.03% | 1.10x | 1.99x | R$10.03 Million |
| 2005 | 28.14% | 17.11% | 0.97x | 1.70x | R$24.53 Million |
| 2006 | 4.24% | 2.51% | 0.94x | 1.79x | R$-8.08 Million |
| 2007 | 4.05% | 2.39% | 1.05x | 1.62x | R$-8.61 Million |
| 2008 | 19.37% | 11.75% | 1.13x | 1.45x | R$15.92 Million |
| 2009 | 10.16% | 7.07% | 1.03x | 1.39x | R$300.50K |
| 2010 | 11.25% | 7.18% | 1.02x | 1.53x | R$2.53 Million |
| 2011 | 11.02% | 6.58% | 1.08x | 1.55x | R$2.25 Million |
| 2012 | 13.07% | 8.62% | 1.14x | 1.33x | R$7.52 Million |
| 2013 | 12.99% | 9.19% | 0.92x | 1.53x | R$8.14 Million |
| 2014 | 0.35% | 0.24% | 0.92x | 1.63x | R$-26.20 Million |
| 2015 | -8.40% | -6.20% | 0.80x | 1.69x | R$-46.11 Million |
| 2016 | -1.28% | -0.84% | 0.86x | 1.76x | R$-27.90 Million |
| 2017 | 7.59% | 4.77% | 0.81x | 1.96x | R$-6.32 Million |
| 2018 | 25.86% | 16.41% | 0.70x | 2.27x | R$44.03 Million |
| 2019 | 3.68% | 2.30% | 0.77x | 2.07x | R$-18.22 Million |
| 2020 | -1.33% | -0.79% | 0.73x | 2.29x | R$-32.08 Million |
| 2021 | 8.89% | 4.51% | 0.89x | 2.20x | R$-3.39 Million |
| 2022 | 1.99% | 1.51% | 0.66x | 2.01x | R$-24.95 Million |
| 2023 | -43.64% | -94.57% | 0.16x | 2.86x | R$-116.28 Million |
| 2024 | -162.82% | -453.89% | 0.05x | 6.79x | R$-171.27 Million |
Industry Comparison
This section compares Companhia Tecidos Santanense Ltda's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $669,200,500
- Average return on equity (ROE) among peers: 17.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Companhia Tecidos Santanense Ltda (CTSA3) | R$99.10 Million | 8.76% | 5.79x | $979.70K |
| Companhia de Fiacao e Tecidos Cedro Cachoeira (CEDO3) | $310.60 Million | 35.59% | 2.04x | $11.20 Million |
| Springs Global Participações S.A. (SGPS3) | $1.03 Billion | -0.73% | 1.56x | $3.22 Million |
About Companhia Tecidos Santanense Ltda
Companhia Tecidos Santanense Ltda., together with its subsidiary Santanense Argentina S.A., engages in the textile industry in Brazil and internationally. The company is involved in the manufacture, sale, and export of clothing products, including professional uniforms, accessories, and personal protective equipment. It also offers workwear products for fire, techno, XTreme, master, top line, and… Read more