Suzano S.A. (SUZB3) - Net Assets
Based on the latest financial reports, Suzano S.A. (SUZB3) has net assets worth R$48.18 Billion BRL (≈ $9.45 Billion 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$165.83 Billion ≈ $32.54 Billion USD) and total liabilities (R$117.64 Billion ≈ $23.08 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. Check SUZB3 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$48.18 Billion |
| % of Total Assets | 29.06% |
| Annual Growth Rate | 14.76% |
| 5-Year Change | 189.63% |
| 10-Year Change | 333.3% |
| Growth Volatility | 37.85 |
Suzano S.A. - Net Assets Trend (2000–2025)
This chart illustrates how Suzano S.A.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see SUZB3 stock market capitalisation.
Annual Net Assets for Suzano S.A. (2000–2025)
The table below shows the annual net assets of Suzano S.A. from 2000 to 2025. Also explore Suzano S.A. net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$43.95 Billion ≈ $8.62 Billion |
+35.59% |
| 2024-12-31 | R$32.42 Billion ≈ $6.36 Billion |
-27.66% |
| 2023-12-31 | R$44.81 Billion ≈ $8.79 Billion |
+35.11% |
| 2022-12-31 | R$33.17 Billion ≈ $6.51 Billion |
+118.56% |
| 2021-12-31 | R$15.18 Billion ≈ $2.98 Billion |
+106.82% |
| 2020-12-31 | R$7.34 Billion ≈ $1.44 Billion |
-59.44% |
| 2019-12-31 | R$18.09 Billion ≈ $3.55 Billion |
+50.41% |
| 2018-12-31 | R$12.03 Billion ≈ $2.36 Billion |
+3.45% |
| 2017-12-31 | R$11.62 Billion ≈ $2.28 Billion |
+14.60% |
| 2016-12-31 | R$10.14 Billion ≈ $1.99 Billion |
+10.35% |
| 2015-12-31 | R$9.19 Billion ≈ $1.80 Billion |
-10.89% |
| 2014-12-31 | R$10.32 Billion ≈ $2.02 Billion |
-3.48% |
| 2013-12-31 | R$10.69 Billion ≈ $2.10 Billion |
-2.86% |
| 2012-12-31 | R$11.00 Billion ≈ $2.16 Billion |
+13.05% |
| 2011-12-31 | R$9.73 Billion ≈ $1.91 Billion |
+12.63% |
| 2010-12-31 | R$8.64 Billion ≈ $1.70 Billion |
+9.87% |
| 2009-12-31 | R$7.86 Billion ≈ $1.54 Billion |
-6.16% |
| 2008-12-31 | R$8.38 Billion ≈ $1.64 Billion |
+86.11% |
| 2007-12-31 | R$4.50 Billion ≈ $883.59 Million |
+12.20% |
| 2006-12-31 | R$4.01 Billion ≈ $787.52 Million |
+29.07% |
| 2005-12-31 | R$3.11 Billion ≈ $610.14 Million |
+13.23% |
| 2004-12-31 | R$2.75 Billion ≈ $538.87 Million |
+40.17% |
| 2003-12-31 | R$1.96 Billion ≈ $384.44 Million |
+20.50% |
| 2002-12-31 | R$1.63 Billion ≈ $319.04 Million |
+8.54% |
| 2001-12-31 | R$1.50 Billion ≈ $293.93 Million |
+6.49% |
| 2000-12-31 | R$1.41 Billion ≈ $276.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Suzano 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 2011823400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$20.12 Billion | 45.92% |
| Common Stock | R$24.24 Billion | 55.32% |
| Other Comprehensive Income | R$969.41 Million | 2.21% |
| Total Equity | R$43.81 Billion | 100.00% |
Suzano S.A. Competitors by Market Cap
The table below lists competitors of Suzano S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Align Technology Inc
NASDAQ:ALGN
|
$11.36 Billion |
|
Essential Utilities Inc
NYSE:WTRG
|
$11.36 Billion |
|
Sinotruk (Hong Kong) Limited
F:4SK
|
$11.38 Billion |
|
Taiwan Mobile Co Ltd
TW:3045
|
$11.38 Billion |
|
ACCOR SP.ADR NEW 1/5/O.N
F:ACR1
|
$11.36 Billion |
|
Oracle Financial Services Software Limited
NSE:OFSS
|
$11.35 Billion |
|
Comerica Incorporated
NYSE:CMA
|
$11.35 Billion |
|
Banco Santander (Brasil) S.A.
SA:SANB3
|
$11.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzano S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,284,269,000 to 43,812,045,000, a change of 11,527,776,000 (35.7%).
- Net income of 13,408,189,000 contributed positively to equity growth.
- Dividend payments of 2,208,158,000 reduced retained earnings.
- Share repurchases of 191,918,000 reduced equity.
- Other comprehensive income decreased equity by 405,876,000.
- Other factors increased equity by 925,539,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$13.41 Billion | +30.6% |
| Dividends Paid | R$2.21 Billion | -5.04% |
| Share Repurchases | R$191.92 Million | -0.44% |
| Other Comprehensive Income | R$-405.88 Million | -0.93% |
| Other Changes | R$925.54 Million | +2.11% |
| Total Change | R$- | 35.71% |
Book Value vs Market Value Analysis
This analysis compares Suzano 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: 1.33x
- 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 5.15x to 1.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | R$9.10 | R$46.89 | x |
| 2005-12-31 | R$10.30 | R$46.89 | x |
| 2006-12-31 | R$13.29 | R$46.89 | x |
| 2007-12-31 | R$11.18 | R$46.89 | x |
| 2008-12-31 | R$16.75 | R$46.89 | x |
| 2009-12-31 | R$20.52 | R$46.89 | x |
| 2010-12-31 | R$23.67 | R$46.89 | x |
| 2011-12-31 | R$20.53 | R$46.89 | x |
| 2012-12-31 | R$15.24 | R$46.89 | x |
| 2013-12-31 | R$9.82 | R$46.89 | x |
| 2014-12-31 | R$9.46 | R$46.89 | x |
| 2015-12-31 | R$8.42 | R$46.89 | x |
| 2016-12-31 | R$9.28 | R$46.89 | x |
| 2017-12-31 | R$10.62 | R$46.89 | x |
| 2018-12-31 | R$10.97 | R$46.89 | x |
| 2019-12-31 | R$13.32 | R$46.89 | x |
| 2020-12-31 | R$5.36 | R$46.89 | x |
| 2021-12-31 | R$11.17 | R$46.89 | x |
| 2022-12-31 | R$24.85 | R$46.89 | x |
| 2023-12-31 | R$34.44 | R$46.89 | x |
| 2024-12-31 | R$25.53 | R$46.89 | x |
| 2025-12-31 | R$35.34 | R$46.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzano 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): 30.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.75%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 3.83x
- Recent ROE (30.60%) is above the historical average (5.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 17.62% | 29.31% | 0.30x | 1.98x | R$93.09 Million |
| 2001 | 7.15% | 13.83% | 0.26x | 1.99x | R$-42.68 Million |
| 2002 | 10.56% | 18.75% | 0.27x | 2.10x | R$9.14 Million |
| 2003 | 20.90% | 38.14% | 0.32x | 1.74x | R$213.60 Million |
| 2004 | 21.96% | 22.84% | 0.45x | 2.13x | R$328.33 Million |
| 2005 | 16.07% | 17.93% | 0.38x | 2.35x | R$188.70 Million |
| 2006 | 11.05% | 14.32% | 0.31x | 2.53x | R$42.34 Million |
| 2007 | 12.33% | 15.82% | 0.29x | 2.64x | R$101.88 Million |
| 2008 | -6.29% | -11.11% | 0.23x | 2.45x | R$-1.17 Billion |
| 2009 | 12.04% | 23.95% | 0.22x | 2.24x | R$160.08 Million |
| 2010 | 8.90% | 17.04% | 0.24x | 2.19x | R$-95.07 Million |
| 2011 | 0.31% | 0.62% | 0.22x | 2.24x | R$-937.46 Million |
| 2012 | -1.66% | -3.51% | 0.20x | 2.30x | R$-1.28 Billion |
| 2013 | -2.06% | -3.88% | 0.21x | 2.54x | R$-1.29 Billion |
| 2014 | -2.54% | -3.60% | 0.26x | 2.73x | R$-1.29 Billion |
| 2015 | -10.07% | -9.05% | 0.36x | 3.07x | R$-1.84 Billion |
| 2016 | 16.68% | 17.20% | 0.33x | 2.90x | R$677.65 Million |
| 2017 | 15.67% | 17.21% | 0.37x | 2.45x | R$658.84 Million |
| 2018 | 2.66% | 2.38% | 0.25x | 4.49x | R$-881.51 Million |
| 2019 | -15.68% | -10.83% | 0.27x | 5.45x | R$-4.61 Billion |
| 2020 | -148.30% | -35.21% | 0.30x | 14.08x | R$-11.45 Billion |
| 2021 | 57.22% | 21.06% | 0.34x | 7.89x | R$7.12 Billion |
| 2022 | 70.72% | 46.92% | 0.37x | 4.03x | R$20.08 Billion |
| 2023 | 31.51% | 35.43% | 0.28x | 3.21x | R$9.62 Billion |
| 2024 | -21.91% | -14.92% | 0.29x | 5.14x | R$-10.30 Billion |
| 2025 | 30.60% | 26.75% | 0.30x | 3.83x | R$9.03 Billion |
Industry Comparison
This section compares Suzano S.A.'s net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $4,390,122,500
- Average return on equity (ROE) among peers: -6.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzano S.A. (SUZB3) | R$48.18 Billion | 17.62% | 2.44x | $11.36 Billion |
| Klabin S.A. (KLBN11) | $6.53 Billion | 2.10% | 3.54x | $4.64 Billion |
| Klabin S.A (KLBN3) | $2.25 Billion | -15.52% | 2.67x | $1.81 Billion |
About Suzano S.A.
Suzano S.A. manufactures and sells pulp and paper products in Brazil and internationally. It operates in two segments, Cellulose, and Paper. The company offers coated and uncoated printing and writing papers, paperboards, tissue papers, and market and fluff pulps. It also engages in the research, development, and production of biofuel; operation of port terminals; biotechnology and nanocrystallin… Read more