São Carlos Empreendimentos e Participações S.A (SCAR3) - Net Assets
Based on the latest financial reports, São Carlos Empreendimentos e Participações S.A (SCAR3) has net assets worth R$1.03 Billion BRL (≈ $201.34 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$2.82 Billion ≈ $553.06 Million USD) and total liabilities (R$1.79 Billion ≈ $351.72 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 São Carlos Empreendimentos e Participaçõ asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$1.03 Billion |
| % of Total Assets | 36.4% |
| Annual Growth Rate | 3.15% |
| 5-Year Change | -31.45% |
| 10-Year Change | -19.29% |
| Growth Volatility | 12.93 |
São Carlos Empreendimentos e Participações S.A - Net Assets Trend (2000–2025)
This chart illustrates how São Carlos Empreendimentos e Participações S.A's net assets have evolved over time, based on quarterly financial data. Check São Carlos Empreendimentos e Participaçõ tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for São Carlos Empreendimentos e Participações S.A (2000–2025)
The table below shows the annual net assets of São Carlos Empreendimentos e Participações S.A from 2000 to 2025. For live valuation and market cap data, see São Carlos Empreendimentos e Participaçõ stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$1.07 Billion ≈ $210.07 Million |
-31.10% |
| 2024-12-31 | R$1.55 Billion ≈ $304.88 Million |
-10.29% |
| 2023-12-31 | R$1.73 Billion ≈ $339.84 Million |
+16.45% |
| 2022-12-31 | R$1.49 Billion ≈ $291.83 Million |
-4.77% |
| 2021-12-31 | R$1.56 Billion ≈ $306.46 Million |
+0.37% |
| 2020-12-31 | R$1.56 Billion ≈ $305.32 Million |
+5.14% |
| 2019-12-31 | R$1.48 Billion ≈ $290.39 Million |
+5.43% |
| 2018-12-31 | R$1.40 Billion ≈ $275.43 Million |
-0.17% |
| 2017-12-31 | R$1.41 Billion ≈ $275.90 Million |
+6.01% |
| 2016-12-31 | R$1.33 Billion ≈ $260.27 Million |
+5.17% |
| 2015-12-31 | R$1.26 Billion ≈ $247.49 Million |
+9.99% |
| 2014-12-31 | R$1.15 Billion ≈ $225.00 Million |
+6.06% |
| 2013-12-31 | R$1.08 Billion ≈ $212.14 Million |
+20.57% |
| 2012-12-31 | R$896.66 Million ≈ $175.94 Million |
+21.88% |
| 2011-12-31 | R$735.69 Million ≈ $144.35 Million |
+10.08% |
| 2010-12-31 | R$668.32 Million ≈ $131.14 Million |
+10.85% |
| 2009-12-31 | R$602.89 Million ≈ $118.30 Million |
+15.26% |
| 2008-12-31 | R$523.08 Million ≈ $102.64 Million |
-4.01% |
| 2007-12-31 | R$544.92 Million ≈ $106.92 Million |
+14.02% |
| 2006-12-31 | R$477.91 Million ≈ $93.77 Million |
-22.75% |
| 2005-12-31 | R$618.65 Million ≈ $121.39 Million |
-3.31% |
| 2004-12-31 | R$639.82 Million ≈ $125.54 Million |
-1.31% |
| 2003-12-31 | R$648.29 Million ≈ $127.21 Million |
-8.25% |
| 2002-12-31 | R$706.59 Million ≈ $138.65 Million |
+22.96% |
| 2001-12-31 | R$574.65 Million ≈ $112.76 Million |
+16.52% |
| 2000-12-31 | R$493.18 Million ≈ $96.77 Million |
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Equity Component Analysis
This analysis shows how different components contribute to São Carlos Empreendimentos e Participações 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 62.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$68.40 Million | 6.40% |
| Common Stock | R$1.07 Billion | 100.53% |
| Other Comprehensive Income | R$68.40 Million | 6.40% |
| Total Equity | R$1.07 Billion | 100.00% |
São Carlos Empreendimentos e Participações S.A Competitors by Market Cap
The table below lists competitors of São Carlos Empreendimentos e Participações S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atp Ticari Bilgisayar Agi ve Elektrik Guc Kaynaklari Uretim Pazarlama ve Ticaret
IS:ATATP
|
$137.49 Million |
|
Libstar Holdings Ltd
JSE:LBR
|
$137.52 Million |
|
Ajiya Bhd
KLSE:7609
|
$137.65 Million |
|
Plotech Co Ltd
TW:6141
|
$137.67 Million |
|
Aroa Biosurgery Ltd
AU:ARX
|
$137.40 Million |
|
Orthocell Ltd
AU:OCC
|
$137.26 Million |
|
Affinity Bancshares Inc
NASDAQ:AFBI
|
$137.20 Million |
|
AYER Holdings Bhd
KLSE:2305
|
$137.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in São Carlos Empreendimentos e Participações S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,543,787,000 to 1,068,228,000, a change of -475,559,000 (-30.8%).
- Net loss of 64,366,000 reduced equity.
- Dividend payments of 502,713,000 reduced retained earnings.
- Share repurchases of 3,952,000 reduced equity.
- Other comprehensive income increased equity by 68,404,000.
- Other factors increased equity by 27,068,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$-64.37 Million | -6.03% |
| Dividends Paid | R$502.71 Million | -47.06% |
| Share Repurchases | R$3.95 Million | -0.37% |
| Other Comprehensive Income | R$68.40 Million | +6.4% |
| Other Changes | R$27.07 Million | +2.53% |
| Total Change | R$- | -30.80% |
Book Value vs Market Value Analysis
This analysis compares São Carlos Empreendimentos e Participações 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: 0.65x
- 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 0.83x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | R$14.79 | R$12.20 | x |
| 2004-12-31 | R$14.59 | R$12.20 | x |
| 2005-12-31 | R$14.11 | R$12.20 | x |
| 2006-12-31 | R$7.87 | R$12.20 | x |
| 2007-12-31 | R$8.86 | R$12.20 | x |
| 2008-12-31 | R$9.08 | R$12.20 | x |
| 2009-12-31 | R$10.47 | R$12.20 | x |
| 2010-12-31 | R$11.55 | R$12.20 | x |
| 2011-12-31 | R$12.84 | R$12.20 | x |
| 2012-12-31 | R$15.57 | R$12.20 | x |
| 2013-12-31 | R$18.79 | R$12.20 | x |
| 2014-12-31 | R$19.84 | R$12.20 | x |
| 2015-12-31 | R$21.82 | R$12.20 | x |
| 2016-12-31 | R$23.15 | R$12.20 | x |
| 2017-12-31 | R$24.32 | R$12.20 | x |
| 2018-12-31 | R$24.47 | R$12.20 | x |
| 2019-12-31 | R$25.52 | R$12.20 | x |
| 2020-12-31 | R$26.58 | R$12.20 | x |
| 2021-12-31 | R$26.60 | R$12.20 | x |
| 2022-12-31 | R$25.94 | R$12.20 | x |
| 2023-12-31 | R$29.14 | R$12.20 | x |
| 2024-12-31 | R$26.94 | R$12.20 | x |
| 2025-12-31 | R$18.67 | R$12.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently São Carlos Empreendimentos e Participações 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): -6.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.14%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 2.84x
- Recent ROE (-6.03%) is below the historical average (8.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 10.40% | 60.37% | 0.15x | 1.13x | R$1.96 Million |
| 2001 | 18.32% | 70.12% | 0.23x | 1.12x | R$47.78 Million |
| 2002 | 30.47% | 77.16% | 0.32x | 1.24x | R$144.61 Million |
| 2003 | -7.70% | -103.06% | 0.06x | 1.26x | R$-114.74 Million |
| 2004 | -1.32% | -15.24% | 0.07x | 1.33x | R$-72.45 Million |
| 2005 | -2.73% | -27.56% | 0.07x | 1.41x | R$-78.76 Million |
| 2006 | -3.38% | -21.45% | 0.08x | 1.86x | R$-63.95 Million |
| 2007 | 12.54% | 41.14% | 0.15x | 2.05x | R$13.84 Million |
| 2008 | 6.45% | 22.58% | 0.13x | 2.19x | R$-18.54 Million |
| 2009 | 22.12% | 24.19% | 0.45x | 2.04x | R$73.10 Million |
| 2010 | 13.76% | 39.76% | 0.15x | 2.38x | R$25.10 Million |
| 2011 | 13.10% | 28.00% | 0.19x | 2.41x | R$22.79 Million |
| 2012 | 24.65% | 39.90% | 0.27x | 2.31x | R$131.38 Million |
| 2013 | 23.13% | 38.66% | 0.28x | 2.10x | R$141.34 Million |
| 2014 | 10.59% | 39.58% | 0.13x | 2.13x | R$6.70 Million |
| 2015 | 12.95% | 34.18% | 0.16x | 2.43x | R$37.17 Million |
| 2016 | 5.76% | 16.93% | 0.15x | 2.31x | R$-56.10 Million |
| 2017 | 8.50% | 21.58% | 0.19x | 2.13x | R$-21.04 Million |
| 2018 | 1.12% | 4.24% | 0.14x | 1.94x | R$-124.37 Million |
| 2019 | 5.87% | 23.19% | 0.13x | 2.01x | R$-60.75 Million |
| 2020 | 5.65% | 25.73% | 0.11x | 1.99x | R$-67.37 Million |
| 2021 | 1.97% | 10.57% | 0.08x | 2.23x | R$-124.31 Million |
| 2022 | -5.61% | -21.53% | 0.11x | 2.38x | R$-230.63 Million |
| 2023 | 17.84% | 21.80% | 0.39x | 2.08x | R$134.16 Million |
| 2024 | -2.12% | -6.43% | 0.18x | 1.86x | R$-187.11 Million |
| 2025 | -6.03% | -20.14% | 0.11x | 2.84x | R$-171.19 Million |
Industry Comparison
This section compares São Carlos Empreendimentos e Participações S.A's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,581,726,500
- Average return on equity (ROE) among peers: -11.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| São Carlos Empreendimentos e Participações S.A (SCAR3) | R$1.03 Billion | 10.40% | 1.75x | $137.42 Million |
| Allos S.A. (ALOS3) | $1.49 Billion | 16.27% | 0.38x | $2.66 Billion |
| Helbor Empreendimentos S.A (HBOR3) | $1.71 Billion | 17.75% | 1.86x | $49.73 Million |
| HBR Realty Empreendimentos Imobiliários S.A (HBRE3) | $2.73 Billion | 4.83% | 0.72x | $42.83 Million |
| Jereissati Participações S.A. (IGTI11) | $4.18 Billion | 7.29% | 0.88x | $46.19K |
| Jereissati Participações S.A. (IGTI3) | $2.32 Billion | 14.93% | 1.10x | $494.14 Million |
| João Fortes Engenharia S.A. (JFEN3) | $87.05 Million | 5.10% | 2.86x | $1.51 Million |
| Lavvi Empreendimentos Imobiliários S.A (LAVV3) | $1.25 Billion | 14.22% | 0.40x | $389.23 Million |
| LPS Brasil - Consultoria de Imóveis S.A (LPSB3) | $21.94 Million | -212.75% | 9.57x | $39.60 Million |
| Moura Dubeux Engenharia S.A (MDNE3) | $702.57 Million | 5.07% | 2.65x | $413.26 Million |
| Melnick Even Desenvolvimento Imobiliário S.A (MELK3) | $1.32 Billion | 7.84% | 0.83x | $118.16 Million |
About São Carlos Empreendimentos e Participações S.A
São Carlos Empreendimentos e Participações S.A. operates as a real estate investment and management company in Brazil. The company is involved in management of own or third-party real estate developments, including shopping malls centers; purchase and sale of ready-made or under-construction residential and commercial properties; leasing of real estate; and operation of rotating parking. Its port… Read more