Santos Brasil Participações S.A
Santos Brasil Participações S.A. provides port and logistics services in Brazil. It offers container port, vehicle, general cargo, and bulk liquid terminals; customs industrial logistic and distribution centers; cargo transportation, and in-house logistics. The company serves shipowners, and import and export clients in various segments, such as automotive, chemical, petrochemical, pharmaceutical… Read more
Santos Brasil Participações S.A (STBP3) - Net Assets
Latest net assets as of June 2025: R$801.59 Million BRL
Based on the latest financial reports, Santos Brasil Participações S.A (STBP3) has net assets worth R$801.59 Million BRL as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$5.52 Billion) and total liabilities (R$4.72 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$801.59 Million |
| % of Total Assets | 14.52% |
| Annual Growth Rate | 8.45% |
| 5-Year Change | -68.46% |
| 10-Year Change | -53.0% |
| Growth Volatility | 87.08 |
Santos Brasil Participações S.A - Net Assets Trend (2002–2024)
This chart illustrates how Santos Brasil Participações 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 Santos Brasil Participações S.A (2002–2024)
The table below shows the annual net assets of Santos Brasil Participações S.A from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$661.36 Million | -70.17% |
| 2023-12-31 | R$2.22 Billion | +5.93% |
| 2022-12-31 | R$2.09 Billion | -5.65% |
| 2021-12-31 | R$2.22 Billion | +5.77% |
| 2020-12-31 | R$2.10 Billion | +55.08% |
| 2019-12-31 | R$1.35 Billion | +0.84% |
| 2018-12-31 | R$1.34 Billion | +0.77% |
| 2017-12-31 | R$1.33 Billion | -4.20% |
| 2016-12-31 | R$1.39 Billion | -1.29% |
| 2015-12-31 | R$1.41 Billion | -1.54% |
| 2014-12-31 | R$1.43 Billion | -1.30% |
| 2013-12-31 | R$1.45 Billion | +5.78% |
| 2012-12-31 | R$1.37 Billion | +6.48% |
| 2011-12-31 | R$1.29 Billion | +5.93% |
| 2010-12-31 | R$1.21 Billion | +4.61% |
| 2009-12-31 | R$1.16 Billion | +3.03% |
| 2008-12-31 | R$1.13 Billion | +3.88% |
| 2007-12-31 | R$1.08 Billion | +4.03% |
| 2006-12-31 | R$1.04 Billion | +410.04% |
| 2005-12-31 | R$204.31 Million | +23.10% |
| 2004-12-31 | R$165.97 Million | +16.66% |
| 2003-12-31 | R$142.27 Million | +28.23% |
| 2002-12-31 | R$110.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Santos Brasil 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 35097300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$350.97 Million | 53.07% |
| Common Stock | R$279.48 Million | 42.26% |
| Other Comprehensive Income | R$83.53 Million | 12.63% |
| Total Equity | R$661.36 Million | 100.00% |
Santos Brasil Participações S.A Competitors by Market Cap
The table below lists competitors of Santos Brasil Participações S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Simat Technologies Public Company Limited
BK:SIMAT
|
$18.85 Million |
|
Generation Asia I Acquisition Limited Class A Ordinary Shares
NASDAQ:GAQ
|
$18.85 Million |
|
Ferroamp Elektronik AB
ST:FERRO
|
$18.85 Million |
|
Fusemachines Inc. Common stock
NASDAQ:FUSE
|
$18.86 Million |
|
Cambium Networks Corp
NASDAQ:CMBM
|
$18.84 Million |
|
Cepton Inc
NASDAQ:CPTN
|
$18.84 Million |
|
Artemis Resources Ltd
PINK:ARTTF
|
$18.84 Million |
|
Vukile Property Fund Ltd
JSE:VKE
|
$18.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Santos Brasil Participações S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,217,018,000 to 661,359,000, a change of -1,555,659,000 (-70.2%).
- Net income of 741,966,000 contributed positively to equity growth.
- Dividend payments of 668,227,000 reduced retained earnings.
- Share repurchases of 1,659,553,000 reduced equity.
- Other comprehensive income decreased equity by 2,861,000.
- Other factors increased equity by 34,444,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$741.97 Million | +112.19% |
| Dividends Paid | R$668.23 Million | -101.04% |
| Share Repurchases | R$1.66 Billion | -250.93% |
| Other Comprehensive Income | R$-2.86 Million | -0.43% |
| Other Changes | R$34.44 Million | +5.21% |
| Total Change | R$- | -70.17% |
Book Value vs Market Value Analysis
This analysis compares Santos Brasil 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: 18.85x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 8.72x to 18.85x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | R$1.65 | R$14.42 | x |
| 2008-12-31 | R$1.72 | R$14.42 | x |
| 2009-12-31 | R$1.73 | R$14.42 | x |
| 2010-12-31 | R$1.84 | R$14.42 | x |
| 2011-12-31 | R$1.94 | R$14.42 | x |
| 2012-12-31 | R$2.05 | R$14.42 | x |
| 2013-12-31 | R$2.18 | R$14.42 | x |
| 2014-12-31 | R$2.17 | R$14.42 | x |
| 2015-12-31 | R$2.13 | R$14.42 | x |
| 2016-12-31 | R$2.10 | R$14.42 | x |
| 2017-12-31 | R$2.01 | R$14.42 | x |
| 2018-12-31 | R$2.00 | R$14.42 | x |
| 2019-12-31 | R$2.02 | R$14.42 | x |
| 2020-12-31 | R$2.91 | R$14.42 | x |
| 2021-12-31 | R$2.56 | R$14.42 | x |
| 2022-12-31 | R$2.41 | R$14.42 | x |
| 2023-12-31 | R$2.56 | R$14.42 | x |
| 2024-12-31 | R$0.77 | R$14.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Santos Brasil Participações S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 112.19%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.56%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 8.38x
- Recent ROE (112.19%) is above the historical average (13.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 2.30% | 27.71% | 0.07x | 1.22x | R$-83.49 Million |
| 2008 | 4.19% | 6.48% | 0.47x | 1.36x | R$-65.49 Million |
| 2009 | 5.59% | 9.86% | 0.31x | 1.82x | R$-51.37 Million |
| 2010 | 9.23% | 12.94% | 0.43x | 1.67x | R$-9.41 Million |
| 2011 | 19.18% | 21.92% | 0.49x | 1.80x | R$118.00 Million |
| 2012 | 19.74% | 20.90% | 0.59x | 1.60x | R$133.32 Million |
| 2013 | 17.62% | 18.52% | 0.62x | 1.52x | R$110.26 Million |
| 2014 | 6.41% | 9.12% | 0.46x | 1.51x | R$-51.36 Million |
| 2015 | -1.29% | -1.88% | 0.48x | 1.43x | R$-158.85 Million |
| 2016 | -1.43% | -2.40% | 0.44x | 1.36x | R$-158.82 Million |
| 2017 | -0.40% | -0.65% | 0.30x | 2.08x | R$-138.40 Million |
| 2018 | 0.22% | 0.32% | 0.32x | 2.13x | R$-131.13 Million |
| 2019 | 1.14% | 1.58% | 0.30x | 2.36x | R$-119.86 Million |
| 2020 | -0.66% | -1.48% | 0.22x | 2.02x | R$-223.48 Million |
| 2021 | 11.56% | 16.71% | 0.36x | 1.93x | R$34.58 Million |
| 2022 | 20.52% | 22.23% | 0.44x | 2.08x | R$220.16 Million |
| 2023 | 22.75% | 23.62% | 0.45x | 2.12x | R$282.60 Million |
| 2024 | 112.19% | 25.56% | 0.52x | 8.38x | R$675.83 Million |
Industry Comparison
This section compares Santos Brasil Participações S.A's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $1,165,575,444
- Average return on equity (ROE) among peers: 4.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Santos Brasil Participações S.A (STBP3) | R$801.59 Million | 2.30% | 5.89x | $18.85 Million |
| Log-In Logística Intermodal S.A (LOGN3) | $611.91 Million | 2.99% | 0.87x | $58.83 Million |
| Wilson Sons Holdings Brasil S.A. (PORT3) | $1.72 Billion | 6.95% | 1.20x | $365.18 Million |