Dexco S.A.
Dexco S.A., together with its subsidiaries, engages in the production and sale of wooden panels in Brazil and internationally. It operates through Wood, Deca, and Coatings segments. The company offers medium density particulate panels, and medium and high-density fiberboard panels under the Duratex brand; laminated floors and semifinished components for furniture under the Durafloor brand name; a… Read more
Dexco S.A. (DXCO3) - Net Assets
Latest net assets as of September 2025: R$6.99 Billion BRL
Based on the latest financial reports, Dexco S.A. (DXCO3) has net assets worth R$6.99 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$18.02 Billion) and total liabilities (R$11.03 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$6.99 Billion |
| % of Total Assets | 38.78% |
| Annual Growth Rate | 14.71% |
| 5-Year Change | 38.68% |
| 10-Year Change | 55.86% |
| Growth Volatility | 106.75 |
Dexco S.A. - Net Assets Trend (2004–2024)
This chart illustrates how Dexco 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 Dexco S.A. (2004–2024)
The table below shows the annual net assets of Dexco S.A. from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$7.20 Billion | +10.32% |
| 2023-12-31 | R$6.52 Billion | +9.40% |
| 2022-12-31 | R$5.96 Billion | +3.95% |
| 2021-12-31 | R$5.73 Billion | +10.53% |
| 2020-12-31 | R$5.19 Billion | +5.19% |
| 2019-12-31 | R$4.93 Billion | +6.41% |
| 2018-12-31 | R$4.63 Billion | -1.73% |
| 2017-12-31 | R$4.72 Billion | +3.19% |
| 2016-12-31 | R$4.57 Billion | -0.99% |
| 2015-12-31 | R$4.62 Billion | +0.16% |
| 2014-12-31 | R$4.61 Billion | +5.59% |
| 2013-12-31 | R$4.37 Billion | +8.48% |
| 2012-12-31 | R$4.02 Billion | +8.96% |
| 2011-12-31 | R$3.69 Billion | +6.96% |
| 2010-12-31 | R$3.45 Billion | +9.89% |
| 2009-12-31 | R$3.14 Billion | +485.45% |
| 2008-12-31 | R$536.66 Million | +11.22% |
| 2007-12-31 | R$482.52 Million | +94.97% |
| 2006-12-31 | R$247.49 Million | -49.34% |
| 2005-12-31 | R$488.54 Million | +5.59% |
| 2004-12-31 | R$462.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dexco 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 241584600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$2.39 Billion | 34.24% |
| Common Stock | R$3.37 Billion | 48.30% |
| Other Comprehensive Income | R$1.14 Billion | 16.27% |
| Other Components | R$82.41 Million | 1.18% |
| Total Equity | R$6.98 Billion | 100.00% |
Dexco S.A. Competitors by Market Cap
The table below lists competitors of Dexco S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Changzhou Kaidi Electrical Inc
SHG:605288
|
$259.10 Million |
|
Shandong Astro-century Education&Technology Co Ltd
SHE:300654
|
$259.11 Million |
|
Thai Airways International Public Company Limited
PINK:TAWNF
|
$259.20 Million |
|
Hubei Yingtong Telecommunication Cable Co Ltd
SHE:002861
|
$259.20 Million |
|
BOROSIL RENEWABLES LIMITED
NSE:BORORENEW
|
$259.05 Million |
|
Autoneum Holding AG
OTCGREY:ATNNF
|
$259.04 Million |
|
Hunan Investment Group Co Ltd
SHE:000548
|
$259.03 Million |
|
Chase Science Co. Ltd.
SHE:300941
|
$258.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dexco S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,403,611,000 to 6,976,900,000, a change of 573,289,000 (9.0%).
- Net income of 172,414,000 contributed positively to equity growth.
- Dividend payments of 233,864,000 reduced retained earnings.
- Share repurchases of 189,189,000 reduced equity.
- Other comprehensive income increased equity by 464,395,000.
- Other factors increased equity by 359,533,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$172.41 Million | +2.47% |
| Dividends Paid | R$233.86 Million | -3.35% |
| Share Repurchases | R$189.19 Million | -2.71% |
| Other Comprehensive Income | R$464.39 Million | +6.66% |
| Other Changes | R$359.53 Million | +5.15% |
| Total Change | R$- | 8.95% |
Book Value vs Market Value Analysis
This analysis compares Dexco 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: 0.54x
- 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 1.68x to 0.54x 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$2.76 | R$4.65 | x |
| 2005-12-31 | R$2.92 | R$4.65 | x |
| 2006-12-31 | R$1.51 | R$4.65 | x |
| 2007-12-31 | R$2.47 | R$4.65 | x |
| 2008-12-31 | R$2.68 | R$4.65 | x |
| 2009-12-31 | R$4.57 | R$4.65 | x |
| 2010-12-31 | R$4.98 | R$4.65 | x |
| 2011-12-31 | R$4.43 | R$4.65 | x |
| 2012-12-31 | R$4.78 | R$4.65 | x |
| 2013-12-31 | R$5.84 | R$4.65 | x |
| 2014-12-31 | R$5.53 | R$4.65 | x |
| 2015-12-31 | R$5.47 | R$4.65 | x |
| 2016-12-31 | R$5.44 | R$4.65 | x |
| 2017-12-31 | R$5.59 | R$4.65 | x |
| 2018-12-31 | R$5.51 | R$4.65 | x |
| 2019-12-31 | R$5.85 | R$4.65 | x |
| 2020-12-31 | R$6.17 | R$4.65 | x |
| 2021-12-31 | R$7.48 | R$4.65 | x |
| 2022-12-31 | R$7.88 | R$4.65 | x |
| 2023-12-31 | R$7.90 | R$4.65 | x |
| 2024-12-31 | R$8.60 | R$4.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dexco S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.09%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.60x
- Recent ROE (2.47%) is below the historical average (8.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 4.19% | 6.05% | 0.35x | 1.97x | R$-23.72 Million |
| 2005 | 5.40% | 7.61% | 0.37x | 1.92x | R$-19.84 Million |
| 2006 | -0.89% | -0.65% | 0.54x | 2.54x | R$-26.96 Million |
| 2007 | 9.51% | 10.96% | 0.45x | 1.94x | R$-2.37 Million |
| 2008 | 14.41% | 14.44% | 0.46x | 2.18x | R$22.99 Million |
| 2009 | 5.76% | 9.38% | 0.35x | 1.74x | R$-133.03 Million |
| 2010 | 13.54% | 15.97% | 0.47x | 1.79x | R$122.06 Million |
| 2011 | 10.14% | 12.60% | 0.44x | 1.85x | R$5.29 Million |
| 2012 | 11.42% | 13.62% | 0.43x | 1.93x | R$57.26 Million |
| 2013 | 11.91% | 13.43% | 0.47x | 1.87x | R$83.42 Million |
| 2014 | 8.59% | 9.80% | 0.45x | 1.94x | R$-63.96 Million |
| 2015 | 4.05% | 4.63% | 0.44x | 1.99x | R$-269.75 Million |
| 2016 | 0.52% | 0.60% | 0.42x | 2.04x | R$-433.30 Million |
| 2017 | 3.92% | 4.63% | 0.42x | 2.01x | R$-286.66 Million |
| 2018 | 9.31% | 8.72% | 0.52x | 2.05x | R$-31.80 Million |
| 2019 | 8.23% | 8.09% | 0.47x | 2.17x | R$-87.52 Million |
| 2020 | 8.75% | 7.72% | 0.51x | 2.22x | R$-64.87 Million |
| 2021 | 30.09% | 21.12% | 0.61x | 2.34x | R$1.15 Billion |
| 2022 | 12.87% | 8.91% | 0.54x | 2.66x | R$168.63 Million |
| 2023 | 12.33% | 10.69% | 0.41x | 2.81x | R$149.24 Million |
| 2024 | 2.47% | 2.09% | 0.45x | 2.60x | R$-525.28 Million |
Industry Comparison
This section compares Dexco S.A.'s net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $55,289,000
- Average return on equity (ROE) among peers: -12.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dexco S.A. (DXCO3) | R$6.99 Billion | 4.19% | 1.58x | $259.08 Million |
| Embpar Participacoes S.A. (EPAR3) | $55.29 Million | -12.28% | 0.25x | $2.53 Million |