Petroreconcavo S.A
Petroreconcavo S.A. engages in the exploration and production of oil and natural gas in Brazil. The company was founded in 1999 and is headquartered in Mata de São João, Brazil.
Petroreconcavo S.A (RECV3) - Net Assets
Latest net assets as of September 2025: R$4.56 Billion BRL
Based on the latest financial reports, Petroreconcavo S.A (RECV3) has net assets worth R$4.56 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$7.90 Billion) and total liabilities (R$3.33 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$4.56 Billion |
| % of Total Assets | 57.78% |
| Annual Growth Rate | 24.12% |
| 5-Year Change | 332.08% |
| 10-Year Change | 919.62% |
| Growth Volatility | 48.09 |
Petroreconcavo S.A - Net Assets Trend (2013–2024)
This chart illustrates how Petroreconcavo 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 Petroreconcavo S.A (2013–2024)
The table below shows the annual net assets of Petroreconcavo S.A from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$4.24 Billion | -6.26% |
| 2023-12-31 | R$4.52 Billion | +18.56% |
| 2022-12-31 | R$3.81 Billion | +103.57% |
| 2021-12-31 | R$1.87 Billion | +90.96% |
| 2020-12-31 | R$980.20 Million | +1.91% |
| 2019-12-31 | R$961.80 Million | +128.13% |
| 2018-12-31 | R$421.60 Million | +11.01% |
| 2017-12-31 | R$379.80 Million | -1.36% |
| 2016-12-31 | R$385.02 Million | -7.31% |
| 2015-12-31 | R$415.38 Million | -9.49% |
| 2014-12-31 | R$458.95 Million | +16.77% |
| 2013-12-31 | R$393.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Petroreconcavo 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 660.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$1.32 Billion | 31.14% |
| Common Stock | R$2.83 Billion | 66.88% |
| Other Comprehensive Income | R$90.89 Million | 2.15% |
| Total Equity | R$4.24 Billion | 100.00% |
Petroreconcavo S.A Competitors by Market Cap
The table below lists competitors of Petroreconcavo S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CareRay Digital Medical Technology Co Ltd
SHG:688607
|
$433.85 Million |
|
Shanghai Baosteel Packaging
SHG:601968
|
$433.98 Million |
|
Bank Sinarmas Tbk
JK:BSIM
|
$434.00 Million |
|
Precigen Inc
NASDAQ:PGEN
|
$434.08 Million |
|
Black Peony Group Co Ltd
SHG:600510
|
$433.47 Million |
|
Jiangsu Changhai Compos Material
SHE:300196
|
$433.44 Million |
|
IFCI Limited
NSE:IFCI
|
$433.35 Million |
|
transcosmos inc
PINK:TRCLF
|
$433.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Petroreconcavo S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,517,883,000 to 4,235,277,000, a change of -282,606,000 (-6.3%).
- Net income of 437,498,000 contributed positively to equity growth.
- Dividend payments of 775,976,000 reduced retained earnings.
- Share repurchases of 14,124,000 reduced equity.
- New share issuances of 1,702,000 increased equity.
- Other comprehensive income increased equity by 70,057,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$437.50 Million | +10.33% |
| Dividends Paid | R$775.98 Million | -18.32% |
| Share Repurchases | R$14.12 Million | -0.33% |
| Share Issuances | R$1.70 Million | +0.04% |
| Other Comprehensive Income | R$70.06 Million | +1.65% |
| Other Changes | R$-1.76 Million | -0.04% |
| Total Change | R$- | -6.26% |
Book Value vs Market Value Analysis
This analysis compares Petroreconcavo 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: 0.89x
- 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 1.69x to 0.89x 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$7.61 | R$12.84 | x |
| 2014-12-31 | R$8.94 | R$12.84 | x |
| 2015-12-31 | R$8.74 | R$12.84 | x |
| 2016-12-31 | R$8.10 | R$12.84 | x |
| 2017-12-31 | R$7.99 | R$12.84 | x |
| 2018-12-31 | R$1.73 | R$12.84 | x |
| 2019-12-31 | R$4.04 | R$12.84 | x |
| 2020-12-31 | R$4.03 | R$12.84 | x |
| 2021-12-31 | R$8.45 | R$12.84 | x |
| 2022-12-31 | R$13.93 | R$12.84 | x |
| 2023-12-31 | R$15.41 | R$12.84 | x |
| 2024-12-31 | R$14.45 | R$12.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Petroreconcavo 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): 10.33%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.40%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.76x
- Recent ROE (10.33%) is below the historical average (11.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 34.07% | 41.11% | 0.66x | 1.26x | R$87.12 Million |
| 2014 | 21.66% | 29.46% | 0.60x | 1.22x | R$49.57 Million |
| 2015 | 6.38% | 11.44% | 0.48x | 1.17x | R$-15.06 Million |
| 2016 | -3.21% | -6.85% | 0.40x | 1.16x | R$-50.88 Million |
| 2017 | 2.40% | 4.69% | 0.44x | 1.17x | R$-28.86 Million |
| 2018 | 17.30% | 24.34% | 0.59x | 1.20x | R$30.79 Million |
| 2019 | 6.62% | 18.73% | 0.18x | 1.94x | R$-32.50 Million |
| 2020 | -8.34% | -10.38% | 0.38x | 2.12x | R$-179.78 Million |
| 2021 | 9.45% | 17.00% | 0.22x | 2.52x | R$-10.28 Million |
| 2022 | 30.27% | 38.76% | 0.45x | 1.73x | R$772.34 Million |
| 2023 | 15.69% | 25.19% | 0.41x | 1.51x | R$257.15 Million |
| 2024 | 10.33% | 13.40% | 0.44x | 1.76x | R$13.97 Million |
Industry Comparison
This section compares Petroreconcavo S.A's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $3,748,053,000
- Average return on equity (ROE) among peers: 9.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Petroreconcavo S.A (RECV3) | R$4.56 Billion | 34.07% | 0.73x | $433.71 Million |
| 3R Petroleum Oleo E Gas SA Ordinary Shares (BRAV3) | $10.52 Billion | -8.64% | 3.23x | $1.28 Billion |
| GeoPark Limited (GPRK34) | $203.29 Million | 47.41% | 4.90x | $158.72 Million |
| 3R Petroleum Óleo e Gás S.A (RRRP3) | $517.20 Million | -10.54% | 0.12x | $625.31 Million |