JBS ON NM
JBS ON NM operates in Diversified Metals & Mining.
JBS ON NM (JBSS3F) - Net Assets
Latest net assets as of September 2023: R$41.97 Billion BRL
Based on the latest financial reports, JBS ON NM (JBSS3F) has net assets worth R$41.97 Billion BRL as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$214.51 Billion) and total liabilities (R$172.54 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$41.97 Billion |
| % of Total Assets | 19.57% |
| Annual Growth Rate | 12.91% |
| 5-Year Change | 80.7% |
| 10-Year Change | N/A |
| Growth Volatility | 10.43 |
JBS ON NM - Net Assets Trend (2016–2022)
This chart illustrates how JBS ON NM's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for JBS ON NM (2016–2022)
The table below shows the annual net assets of JBS ON NM from 2016 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | R$46.34 Billion | +5.04% |
| 2021-12-31 | R$44.12 Billion | +9.97% |
| 2020-12-31 | R$40.12 Billion | +35.37% |
| 2019-12-31 | R$29.64 Billion | +15.56% |
| 2018-12-31 | R$25.65 Billion | +5.60% |
| 2017-12-31 | R$24.29 Billion | +8.55% |
| 2016-12-31 | R$22.37 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to JBS ON NM'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 405.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$17.85 Billion | 38.51% |
| Common Stock | R$23.58 Billion | 50.87% |
| Other Components | R$4.92 Billion | 10.62% |
| Total Equity | R$46.34 Billion | 100.00% |
JBS ON NM Competitors by Market Cap
The table below lists competitors of JBS ON NM ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cheil Grinding Wheel Ind. Co. Ltd.
KQ:001560
|
$62.71K |
|
Argo Opportunity Corp.
V:AROC-P
|
$62.72K |
|
SAPR11F
SA:SAPR11F
|
$62.75K |
|
INTEST
BE:IN9
|
$62.80K |
|
H+R REAL EST.INV.UTS NEW
F:HR3A
|
$62.61K |
|
Grupo Greening 2022 SA
MC:GGR
|
$62.55K |
|
TORAY IND INC - Dusseldorf Stock Exchang
DU:TOR1
|
$62.55K |
|
Home Capital Rentals SOCIMI S.A.
MC:YHCR
|
$62.48K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JBS ON NM's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 44,119,292,000 to 46,344,166,000, a change of 2,224,874,000 (5.0%).
- Net income of 15,457,836,000 contributed positively to equity growth.
- Dividend payments of 4,436,242,000 reduced retained earnings.
- Share repurchases of 3,789,776,000 reduced equity.
- Other factors decreased equity by 5,006,944,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$15.46 Billion | +33.35% |
| Dividends Paid | R$4.44 Billion | -9.57% |
| Share Repurchases | R$3.79 Billion | -8.18% |
| Other Changes | R$-5.01 Billion | -10.8% |
| Total Change | R$- | 5.04% |
Book Value vs Market Value Analysis
This analysis compares JBS ON NM'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: 1.87x
- 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 4.74x to 1.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | R$8.22 | R$39.00 | x |
| 2017-12-31 | R$8.96 | R$39.00 | x |
| 2018-12-31 | R$9.63 | R$39.00 | x |
| 2019-12-31 | R$11.12 | R$39.00 | x |
| 2020-12-31 | R$15.37 | R$39.00 | x |
| 2021-12-31 | R$19.23 | R$39.00 | x |
| 2022-12-31 | R$20.89 | R$39.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JBS ON NM utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 33.35%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.12%
- • Asset Turnover: 1.80x
- • Equity Multiplier: 4.49x
- Recent ROE (33.35%) is above the historical average (16.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 1.04% | 0.14% | 1.66x | 4.60x | R$-2.00 Billion |
| 2017 | 2.20% | 0.33% | 1.50x | 4.48x | R$-1.89 Billion |
| 2018 | 0.10% | 0.01% | 1.59x | 4.45x | R$-2.54 Billion |
| 2019 | 20.48% | 2.97% | 1.62x | 4.26x | R$3.10 Billion |
| 2020 | 11.46% | 1.70% | 1.65x | 4.08x | R$586.38 Million |
| 2021 | 46.43% | 5.84% | 1.69x | 4.70x | R$16.07 Billion |
| 2022 | 33.35% | 4.12% | 1.80x | 4.49x | R$10.82 Billion |
Industry Comparison
This section compares JBS ON NM's net assets metrics with peer companies in the Other industry.
No peer company data available for comparison.