Raízen S.A.
Raízen S.A. operates as an integrated energy company in Brazil, Argentina, rest of Latin America, North America, Asia, Europe, and internationally. The company trades in and markets fossil fuels and franchises network of service stations under the Shell brand name. It also engages in the production, origination, marketing, and trading of ethanol and sugar; production and marketing of bioenergy, s… Read more
Raízen S.A. (RAIZ4) - Net Assets
Latest net assets as of December 2025: R$-1.13 Billion BRL
Based on the latest financial reports, Raízen S.A. (RAIZ4) has net assets worth R$-1.13 Billion BRL as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$118.69 Billion) and total liabilities (R$119.82 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$-1.13 Billion |
| % of Total Assets | -0.95% |
| Annual Growth Rate | 12.86% |
| 5-Year Change | 224.0% |
| 10-Year Change | 554.33% |
| Growth Volatility | 94.14 |
Raízen S.A. - Net Assets Trend (2013–2025)
This chart illustrates how Raízen 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 Raízen S.A. (2013–2025)
The table below shows the annual net assets of Raízen S.A. from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | R$18.18 Billion | -17.85% |
| 2024-03-31 | R$22.13 Billion | -3.40% |
| 2023-03-31 | R$22.90 Billion | +2.90% |
| 2022-03-31 | R$22.26 Billion | +296.78% |
| 2021-03-31 | R$5.61 Billion | +35.06% |
| 2020-03-31 | R$4.15 Billion | +35.54% |
| 2019-03-31 | R$3.06 Billion | +1.41% |
| 2018-03-31 | R$3.02 Billion | +0.96% |
| 2017-03-31 | R$2.99 Billion | +7.74% |
| 2016-03-31 | R$2.78 Billion | -75.59% |
| 2015-03-31 | R$11.38 Billion | +162.38% |
| 2014-03-31 | R$4.34 Billion | +1.86% |
| 2013-03-31 | R$4.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Raízen 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 1187.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$7.33 Billion | 41.66% |
| Common Stock | R$6.86 Billion | 39.00% |
| Other Comprehensive Income | R$10.83 Billion | 61.58% |
| Total Equity | R$17.59 Billion | 100.00% |
Raízen S.A. Competitors by Market Cap
The table below lists competitors of Raízen S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WILDBRAIN LTD VAR VTG
F:D6XV
|
$90.15 Million |
|
Yen Sun Technology
TWO:6275
|
$90.16 Million |
|
Seah Holdings
KO:058650
|
$90.17 Million |
|
Lyko Group A
ST:LYKO-A
|
$90.20 Million |
|
Hua Jung Components Co Ltd
TWO:5328
|
$90.07 Million |
|
Financiera Independencia S.A.B. de C.V. SOFOM E.N.R
MX:FINDEP
|
$90.07 Million |
|
Detection Technology OY
HE:DETEC
|
$90.06 Million |
|
Avaco Co. Ltd
KQ:083930
|
$90.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Raízen S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,379,405,000 to 17,588,530,000, a change of -3,790,875,000 (-17.7%).
- Net loss of 4,256,528,000 reduced equity.
- Dividend payments of 173,973,000 reduced retained earnings.
- Other comprehensive income decreased equity by 3,337,009,000.
- Other factors increased equity by 3,976,635,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$-4.26 Billion | -24.2% |
| Dividends Paid | R$173.97 Million | -0.99% |
| Other Comprehensive Income | R$-3.34 Billion | -18.97% |
| Other Changes | R$3.98 Billion | +22.61% |
| Total Change | R$- | -17.73% |
Book Value vs Market Value Analysis
This analysis compares Raízen 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: 0.26x
- 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 0.40x to 0.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | R$1.14 | R$0.45 | x |
| 2014-03-31 | R$1.15 | R$0.45 | x |
| 2016-03-31 | R$0.26 | R$0.45 | x |
| 2017-03-31 | R$0.28 | R$0.45 | x |
| 2018-03-31 | R$0.28 | R$0.45 | x |
| 2019-03-31 | R$0.28 | R$0.45 | x |
| 2020-03-31 | R$0.39 | R$0.45 | x |
| 2021-03-31 | R$0.53 | R$0.45 | x |
| 2022-03-31 | R$2.49 | R$0.45 | x |
| 2023-03-31 | R$2.15 | R$0.45 | x |
| 2024-03-31 | R$2.07 | R$0.45 | x |
| 2025-03-31 | R$1.70 | R$0.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Raízen 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): -24.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.67%
- • Asset Turnover: 1.81x
- • Equity Multiplier: 8.02x
- Recent ROE (-24.20%) is below the historical average (27.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 21.08% | 2.02% | 5.22x | 2.00x | R$461.43 Million |
| 2014 | 25.16% | 2.10% | 6.00x | 2.00x | R$640.90 Million |
| 2015 | 10.71% | 2.12% | 1.96x | 2.58x | R$79.48 Million |
| 2016 | 44.66% | 1.83% | 5.92x | 4.13x | R$903.56 Million |
| 2017 | 57.38% | 2.30% | 6.26x | 3.98x | R$1.32 Billion |
| 2018 | 57.50% | 2.15% | 5.59x | 4.77x | R$1.33 Billion |
| 2019 | 58.59% | 1.86% | 3.78x | 8.34x | R$1.37 Billion |
| 2020 | 57.84% | 2.23% | 3.46x | 7.49x | R$1.86 Billion |
| 2021 | 18.71% | 1.11% | 2.85x | 5.89x | R$463.85 Million |
| 2022 | 14.55% | 1.65% | 1.91x | 4.64x | R$984.18 Million |
| 2023 | 10.97% | 0.99% | 2.20x | 5.01x | R$215.95 Million |
| 2024 | 2.44% | 0.24% | 1.72x | 6.00x | R$-1.62 Billion |
| 2025 | -24.20% | -1.67% | 1.81x | 8.02x | R$-6.02 Billion |
Industry Comparison
This section compares Raízen S.A.'s net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $5,158,210,200
- Average return on equity (ROE) among peers: 5.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Raízen S.A. (RAIZ4) | R$-1.13 Billion | 21.08% | N/A | $90.08 Million |
| AES Brasil Energia S.A (AESB3) | $2.02 Billion | 19.50% | 1.36x | $291.27 Million |
| Alupar Investimento SA (ALUP11) | $4.56 Billion | 6.82% | 1.24x | $2.54 Billion |
| Auren Energia S.A. (AURE3) | $15.25 Billion | 17.53% | 1.12x | $1.22 Billion |
| Light S.A (LIGT3) | $3.15 Billion | 0.00% | 3.81x | $259.99 Million |
| Renova Energia S.A (RNEW11) | $815.95 Million | -14.35% | 2.75x | $10.95 Million |