JSL S.A (JSLG3) - Net Assets
Based on the latest financial reports, JSL S.A (JSLG3) has net assets worth R$1.17 Billion BRL (≈ $228.85 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$12.02 Billion ≈ $2.36 Billion USD) and total liabilities (R$10.86 Billion ≈ $2.13 Billion 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 how large is JSL S.A's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$1.17 Billion |
| % of Total Assets | 9.7% |
| Annual Growth Rate | 4.12% |
| 5-Year Change | 0.09% |
| 10-Year Change | 117.5% |
| Growth Volatility | 46.74 |
JSL S.A - Net Assets Trend (2007–2025)
This chart illustrates how JSL S.A's net assets have evolved over time, based on quarterly financial data. Check JSLG3 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for JSL S.A (2007–2025)
The table below shows the annual net assets of JSL S.A from 2007 to 2025. For live valuation and market cap data, see JSL S.A (JSLG3) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$1.32 Billion ≈ $259.90 Million |
-25.18% |
| 2024-12-31 | R$1.77 Billion ≈ $347.38 Million |
+5.66% |
| 2023-12-31 | R$1.68 Billion ≈ $328.78 Million |
+18.52% |
| 2022-12-31 | R$1.41 Billion ≈ $277.40 Million |
+6.83% |
| 2021-12-31 | R$1.32 Billion ≈ $259.67 Million |
+24.24% |
| 2020-12-31 | R$1.07 Billion ≈ $209.00 Million |
-55.25% |
| 2019-12-31 | R$2.38 Billion ≈ $466.99 Million |
+90.63% |
| 2018-12-31 | R$1.25 Billion ≈ $244.98 Million |
+4.98% |
| 2017-12-31 | R$1.19 Billion ≈ $233.37 Million |
+95.29% |
| 2016-12-31 | R$608.99 Million ≈ $119.49 Million |
-40.29% |
| 2015-12-31 | R$1.02 Billion ≈ $200.12 Million |
-2.39% |
| 2014-12-31 | R$1.04 Billion ≈ $205.02 Million |
+2.98% |
| 2013-12-31 | R$1.01 Billion ≈ $199.09 Million |
+6.82% |
| 2012-12-31 | R$949.92 Million ≈ $186.39 Million |
+12.62% |
| 2011-12-31 | R$843.49 Million ≈ $165.51 Million |
+3.72% |
| 2010-12-31 | R$813.21 Million ≈ $159.57 Million |
+128.81% |
| 2009-12-31 | R$355.40 Million ≈ $69.74 Million |
-2.46% |
| 2008-12-31 | R$364.36 Million ≈ $71.49 Million |
-43.07% |
| 2007-12-31 | R$640.01 Million ≈ $125.58 Million |
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Equity Component Analysis
This analysis shows how different components contribute to JSL 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | R$1.32 Billion | 100.00% |
| Total Equity | R$1.32 Billion | 100.00% |
JSL S.A Competitors by Market Cap
The table below lists competitors of JSL S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alpine Income Property Trust, Inc.
NYSE:PINE
|
$317.50 Million |
|
Prenetics Global Ltd
NASDAQ:PRE
|
$317.60 Million |
|
Tien Phong Securities Corp
VN:ORS
|
$317.65 Million |
|
International CSRC Investment Holdings Co Ltd
TW:2104
|
$317.83 Million |
|
Baillie Gifford European Growth Trust PLC
LSE:BGEU
|
$317.48 Million |
|
Taeyoung Engineering & Construction Co.,Ltd.
KO:009410
|
$317.43 Million |
|
Dalmia Bharat Sugar and Industries Limited
NSE:DALMIASUG
|
$317.39 Million |
|
Yingde Greatchem Chemicals Co. Ltd. A
SHE:300804
|
$317.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JSL S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,770,360,000 to 1,324,556,000, a change of -445,804,000 (-25.2%).
- Net income of 81,704,000 contributed positively to equity growth.
- Dividend payments of 106,546,000 reduced retained earnings.
- Share repurchases of 508,000 reduced equity.
- Other factors decreased equity by 420,454,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$81.70 Million | +6.17% |
| Dividends Paid | R$106.55 Million | -8.04% |
| Share Repurchases | R$508.00K | -0.04% |
| Other Changes | R$-420.45 Million | -31.74% |
| Total Change | R$- | -25.18% |
Book Value vs Market Value Analysis
This analysis compares JSL 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: 1.22x
- 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 1.67x to 1.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | R$3.40 | R$5.67 | x |
| 2018-12-31 | R$3.67 | R$5.67 | x |
| 2019-12-31 | R$6.51 | R$5.67 | x |
| 2020-12-31 | R$3.82 | R$5.67 | x |
| 2021-12-31 | R$4.65 | R$5.67 | x |
| 2022-12-31 | R$4.97 | R$5.67 | x |
| 2023-12-31 | R$5.89 | R$5.67 | x |
| 2024-12-31 | R$6.22 | R$5.67 | x |
| 2025-12-31 | R$4.66 | R$5.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JSL 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): 6.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.85%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 9.16x
- Recent ROE (6.17%) is below the historical average (9.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 15.88% | 3.91% | 0.87x | 4.65x | R$21.42 Million |
| 2009 | 17.71% | 4.26% | 0.79x | 5.30x | R$27.41 Million |
| 2010 | 11.44% | 4.59% | 0.69x | 3.60x | R$11.69 Million |
| 2011 | 6.74% | 2.36% | 0.63x | 4.56x | R$-27.48 Million |
| 2012 | 8.18% | 1.93% | 0.88x | 4.81x | R$-17.27 Million |
| 2013 | 9.22% | 1.97% | 0.81x | 5.75x | R$-7.88 Million |
| 2014 | 6.93% | 1.31% | 0.74x | 7.17x | R$-32.04 Million |
| 2015 | 4.59% | 0.78% | 0.69x | 8.57x | R$-55.22 Million |
| 2016 | -30.08% | -2.72% | 0.76x | 14.56x | R$-244.07 Million |
| 2017 | -0.40% | -0.04% | 0.63x | 16.75x | R$-71.42 Million |
| 2018 | 17.43% | 1.63% | 0.51x | 21.08x | R$55.96 Million |
| 2019 | 16.77% | 2.33% | 0.48x | 15.05x | R$91.20 Million |
| 2020 | 16.98% | 6.39% | 0.58x | 4.55x | R$74.25 Million |
| 2021 | 20.46% | 6.30% | 0.60x | 5.38x | R$138.44 Million |
| 2022 | 13.74% | 3.22% | 0.73x | 5.83x | R$52.81 Million |
| 2023 | 20.99% | 4.64% | 0.64x | 7.10x | R$184.22 Million |
| 2024 | 11.71% | 2.29% | 0.73x | 7.05x | R$30.28 Million |
| 2025 | 6.17% | 0.85% | 0.79x | 9.16x | R$-50.75 Million |
Industry Comparison
This section compares JSL 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: $1,525,827,000
- Average return on equity (ROE) among peers: -6.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JSL S.A (JSLG3) | R$1.17 Billion | 15.88% | 9.31x | $317.49 Million |
| Hidrovias do Brasil S.A (HBSA3) | $1.53 Billion | -6.92% | 2.75x | $880.87 Million |
About JSL S.A
JSL S.A., together with its subsidiaries, provides logistics services in Brazil. It also offers cargo transportation, internal logistics, storage, urban distribution, commodity logistics, and other charter services. In addition, the company provides road transport services comprising intercity, interstate, and international cargo transportation services; chartered passenger transportation; logist… Read more