Hidrovias do Brasil S.A (HBSA3) - Net Assets
Based on the latest financial reports, Hidrovias do Brasil S.A (HBSA3) has net assets worth R$2.01 Billion BRL (≈ $393.56 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$6.19 Billion ≈ $1.21 Billion USD) and total liabilities (R$4.18 Billion ≈ $820.66 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. Also explore balance sheet size of Hidrovias do Brasil S.A for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$2.01 Billion |
| % of Total Assets | 32.41% |
| Annual Growth Rate | 12.72% |
| 5-Year Change | 73.29% |
| 10-Year Change | 83.1% |
| Growth Volatility | 39.86 |
Hidrovias do Brasil S.A - Net Assets Trend (2013–2025)
This chart illustrates how Hidrovias do Brasil S.A's net assets have evolved over time, based on quarterly financial data. Check HBSA3 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Hidrovias do Brasil S.A (2013–2025)
The table below shows the annual net assets of Hidrovias do Brasil S.A from 2013 to 2025. For live valuation and market cap data, see Hidrovias do Brasil S.A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$2.16 Billion ≈ $424.23 Million |
+128.05% |
| 2024-12-31 | R$948.08 Million ≈ $186.03 Million |
-31.47% |
| 2023-12-31 | R$1.38 Billion ≈ $271.47 Million |
+3.96% |
| 2022-12-31 | R$1.33 Billion ≈ $261.13 Million |
+6.66% |
| 2021-12-31 | R$1.25 Billion ≈ $244.81 Million |
-18.23% |
| 2020-12-31 | R$1.53 Billion ≈ $299.39 Million |
-1.15% |
| 2019-12-31 | R$1.54 Billion ≈ $302.88 Million |
-4.39% |
| 2018-12-31 | R$1.61 Billion ≈ $316.77 Million |
+22.36% |
| 2017-12-31 | R$1.32 Billion ≈ $258.90 Million |
+11.74% |
| 2016-12-31 | R$1.18 Billion ≈ $231.70 Million |
+5.89% |
| 2015-12-31 | R$1.12 Billion ≈ $218.82 Million |
+52.90% |
| 2014-12-31 | R$729.37 Million ≈ $143.12 Million |
+41.99% |
| 2013-12-31 | R$513.67 Million ≈ $100.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hidrovias do Brasil 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 decreased by 89971000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | R$2.53 Billion | 117.23% |
| Other Comprehensive Income | R$583.15 Million | 26.97% |
| Total Equity | R$2.16 Billion | 100.00% |
Hidrovias do Brasil S.A Competitors by Market Cap
The table below lists competitors of Hidrovias do Brasil S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
$899.56 Million |
|
Hainan Haiyao Co Ltd
SHE:000566
|
$899.87 Million |
|
Shenzhen Farben Information Technology Co.Ltd.
SHE:300925
|
$900.23 Million |
|
Plazza AG
SW:PLAN
|
$900.45 Million |
|
Rastar Environmental Protection Materials Co.Ltd.
SHE:300834
|
$899.43 Million |
|
Eit Environmental Development Group
SHE:300815
|
$899.40 Million |
|
Allis Electric Co Ltd
TW:1514
|
$899.26 Million |
|
Beijing Sanyuan Foods Co Ltd
SHG:600429
|
$898.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hidrovias do Brasil S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 948,075,000 to 2,162,052,000, a change of 1,213,977,000 (128.0%).
- Net loss of 140,918,000 reduced equity.
- Share repurchases of 700,000,000 reduced equity.
- New share issuances of 700,000,000 increased equity.
- Other comprehensive income increased equity by 583,153,000.
- Other factors increased equity by 771,742,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$-140.92 Million | -6.52% |
| Share Repurchases | R$700.00 Million | -32.38% |
| Share Issuances | R$700.00 Million | +32.38% |
| Other Comprehensive Income | R$583.15 Million | +26.97% |
| Other Changes | R$771.74 Million | +35.69% |
| Total Change | R$- | 128.05% |
Book Value vs Market Value Analysis
This analysis compares Hidrovias do Brasil 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: 1.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.84x to 1.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | R$1.19 | R$3.37 | x |
| 2014-12-31 | R$1.05 | R$3.37 | x |
| 2015-12-31 | R$1.61 | R$3.37 | x |
| 2016-12-31 | R$1.71 | R$3.37 | x |
| 2017-12-31 | R$1.83 | R$3.37 | x |
| 2018-12-31 | R$2.16 | R$3.37 | x |
| 2019-12-31 | R$2.05 | R$3.37 | x |
| 2020-12-31 | R$2.03 | R$3.37 | x |
| 2021-12-31 | R$1.64 | R$3.37 | x |
| 2022-12-31 | R$1.75 | R$3.37 | x |
| 2023-12-31 | R$1.78 | R$3.37 | x |
| 2024-12-31 | R$1.17 | R$3.37 | x |
| 2025-12-31 | R$1.86 | R$3.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hidrovias do Brasil S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.29%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 3.00x
- Recent ROE (-6.52%) is above the historical average (-8.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -5.64% | -937.92% | 0.00x | 1.42x | R$-80.33 Million |
| 2014 | -2.23% | -21.60% | 0.05x | 1.99x | R$-89.23 Million |
| 2015 | -5.39% | -30.61% | 0.07x | 2.61x | R$-171.58 Million |
| 2016 | -7.53% | -22.64% | 0.11x | 3.01x | R$-206.98 Million |
| 2017 | 0.89% | 1.48% | 0.21x | 2.79x | R$-120.25 Million |
| 2018 | 10.04% | 12.89% | 0.26x | 2.96x | R$676.60K |
| 2019 | 3.80% | 6.25% | 0.20x | 3.06x | R$-95.75 Million |
| 2020 | -6.92% | -7.22% | 0.26x | 3.75x | R$-258.13 Million |
| 2021 | -27.18% | -30.40% | 0.17x | 5.22x | R$-463.90 Million |
| 2022 | -0.61% | -0.46% | 0.28x | 4.78x | R$-141.24 Million |
| 2023 | 1.27% | 0.91% | 0.31x | 4.52x | R$-120.75 Million |
| 2024 | -65.57% | -45.97% | 0.19x | 7.56x | R$-716.51 Million |
| 2025 | -6.52% | -6.29% | 0.35x | 3.00x | R$-357.12 Million |
Industry Comparison
This section compares Hidrovias do Brasil S.A's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $2,379,963,000
- Average return on equity (ROE) among peers: 9.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hidrovias do Brasil S.A (HBSA3) | R$2.01 Billion | -5.64% | 2.09x | $899.56 Million |
| JSL S.A (JSLG3) | $2.38 Billion | 9.49% | 7.52x | $318.61 Million |
About Hidrovias do Brasil S.A
Hidrovias do Brasil S.A., together with its subsidiaries, provides integrated logistics solutions for waterways in Brazil and internationally. The company is involved in transportation of goods; construction and operation of ports, cargo terminals, shipyards, workshops, and warehouses; river and sea navigation, coastal navigation, and storage of goods; and provision of logistics services and othe… Read more