Transmissora Aliança de Energia Elétrica S.A
Transmissora Aliança de Energia Elétrica S.A., together with its subsidiaries, engages in the construction, operation, and maintenance of electric power transmission lines in Brazil. It operates approximately a total length of 15,319 kilometers (km) of transmission lines, which include 14,677 km of transmission lines in operation and 735 km of lines under construction; 113 substations with voltag… Read more
Transmissora Aliança de Energia Elétrica S.A (TAEE11) - Net Assets
Latest net assets as of September 2025: R$7.65 Billion BRL
Based on the latest financial reports, Transmissora Aliança de Energia Elétrica S.A (TAEE11) has net assets worth R$7.65 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$21.81 Billion) and total liabilities (R$14.17 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$7.65 Billion |
| % of Total Assets | 35.05% |
| Annual Growth Rate | 9.68% |
| 5-Year Change | 15.16% |
| 10-Year Change | 58.54% |
| Growth Volatility | 21.07 |
Transmissora Aliança de Energia Elétrica S.A - Net Assets Trend (2006–2024)
This chart illustrates how Transmissora Aliança de Energia Elétrica 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 Transmissora Aliança de Energia Elétrica S.A (2006–2024)
The table below shows the annual net assets of Transmissora Aliança de Energia Elétrica S.A from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$6.94 Billion | +6.38% |
| 2023-12-31 | R$6.52 Billion | -0.72% |
| 2022-12-31 | R$6.57 Billion | -1.71% |
| 2021-12-31 | R$6.68 Billion | +10.93% |
| 2020-12-31 | R$6.03 Billion | +20.75% |
| 2019-12-31 | R$4.99 Billion | +9.15% |
| 2018-12-31 | R$4.57 Billion | +5.16% |
| 2017-12-31 | R$4.35 Billion | +0.93% |
| 2016-12-31 | R$4.31 Billion | -1.59% |
| 2015-12-31 | R$4.38 Billion | +3.61% |
| 2014-12-31 | R$4.22 Billion | -1.87% |
| 2013-12-31 | R$4.31 Billion | +5.07% |
| 2012-12-31 | R$4.10 Billion | +81.90% |
| 2011-12-31 | R$2.25 Billion | -10.20% |
| 2010-12-31 | R$2.51 Billion | +13.64% |
| 2009-12-31 | R$2.21 Billion | +49.54% |
| 2008-12-31 | R$1.48 Billion | +6.92% |
| 2007-12-31 | R$1.38 Billion | +4.92% |
| 2006-12-31 | R$1.32 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Transmissora Aliança de Energia Elétrica 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 52301.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$3.33 Billion | 47.97% |
| Common Stock | R$3.07 Billion | 44.20% |
| Other Comprehensive Income | R$543.40 Million | 7.83% |
| Total Equity | R$6.94 Billion | 100.00% |
Transmissora Aliança de Energia Elétrica S.A Competitors by Market Cap
The table below lists competitors of Transmissora Aliança de Energia Elétrica S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hawaiian Electric Industries Inc
NYSE:HE
|
$2.39 Billion |
|
Central Depository Services (India) Limited
NSE:CDSL
|
$2.39 Billion |
|
Anker Innovations Technology Co Ltd
SHE:300866
|
$2.39 Billion |
|
Shenzhen New Industries Biomedical
SHE:300832
|
$2.39 Billion |
|
The Cheesecake Factory
NASDAQ:CAKE
|
$2.39 Billion |
|
Alps Electric Co Ltd
PINK:APELY
|
$2.39 Billion |
|
Dundee Precious Metals Inc
PINK:DPMLF
|
$2.38 Billion |
|
Upstart Holdings Inc
NASDAQ:UPST
|
$2.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Transmissora Aliança de Energia Elétrica S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,523,260,000 to 6,939,504,000, a change of 416,244,000 (6.4%).
- Net income of 1,693,915,000 contributed positively to equity growth.
- Dividend payments of 1,006,548,000 reduced retained earnings.
- Other comprehensive income increased equity by 12,759,000.
- Other factors decreased equity by 283,882,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$1.69 Billion | +24.41% |
| Dividends Paid | R$1.01 Billion | -14.5% |
| Other Comprehensive Income | R$12.76 Million | +0.18% |
| Other Changes | R$-283.88 Million | -4.09% |
| Total Change | R$- | 6.38% |
Book Value vs Market Value Analysis
This analysis compares Transmissora Aliança de Energia Elétrica 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: 2.09x
- 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 8.43x to 2.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | R$5.01 | R$42.20 | x |
| 2007-12-31 | R$5.25 | R$42.20 | x |
| 2008-12-31 | R$5.61 | R$42.20 | x |
| 2009-12-31 | R$7.12 | R$42.20 | x |
| 2010-12-31 | R$9.53 | R$42.20 | x |
| 2011-12-31 | R$8.56 | R$42.20 | x |
| 2012-12-31 | R$13.71 | R$42.20 | x |
| 2013-12-31 | R$12.51 | R$42.20 | x |
| 2014-12-31 | R$12.26 | R$42.20 | x |
| 2015-12-31 | R$12.71 | R$42.20 | x |
| 2016-12-31 | R$12.52 | R$42.20 | x |
| 2017-12-31 | R$12.62 | R$42.20 | x |
| 2018-12-31 | R$13.27 | R$42.20 | x |
| 2019-12-31 | R$14.49 | R$42.20 | x |
| 2020-12-31 | R$17.49 | R$42.20 | x |
| 2021-12-31 | R$19.40 | R$42.20 | x |
| 2022-12-31 | R$19.07 | R$42.20 | x |
| 2023-12-31 | R$18.94 | R$42.20 | x |
| 2024-12-31 | R$20.14 | R$42.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Transmissora Aliança de Energia Elétrica S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 24.41%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 45.56%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 2.94x
- Recent ROE (24.41%) is above the historical average (20.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 7.33% | 25.76% | 0.14x | 2.10x | R$-35.13 Million |
| 2007 | 15.52% | 42.12% | 0.19x | 1.97x | R$76.20 Million |
| 2008 | 12.71% | 30.00% | 0.19x | 2.19x | R$39.93 Million |
| 2009 | 18.69% | 46.54% | 0.18x | 2.18x | R$162.89 Million |
| 2010 | 17.09% | 53.67% | 0.17x | 1.82x | R$177.79 Million |
| 2011 | 21.99% | 51.97% | 0.17x | 2.44x | R$270.15 Million |
| 2012 | 14.38% | 52.29% | 0.12x | 2.34x | R$179.46 Million |
| 2013 | 20.74% | 61.67% | 0.16x | 2.13x | R$462.35 Million |
| 2014 | 21.42% | 60.49% | 0.17x | 2.05x | R$482.38 Million |
| 2015 | 20.78% | 58.96% | 0.17x | 2.02x | R$471.72 Million |
| 2016 | 20.01% | 61.97% | 0.17x | 1.95x | R$431.31 Million |
| 2017 | 14.91% | 60.19% | 0.13x | 1.85x | R$213.53 Million |
| 2018 | 23.43% | 65.51% | 0.19x | 1.88x | R$614.10 Million |
| 2019 | 22.16% | 60.09% | 0.16x | 2.26x | R$606.62 Million |
| 2020 | 37.55% | 63.54% | 0.25x | 2.34x | R$1.66 Billion |
| 2021 | 33.12% | 63.76% | 0.22x | 2.38x | R$1.55 Billion |
| 2022 | 22.06% | 55.39% | 0.15x | 2.63x | R$792.17 Million |
| 2023 | 20.97% | 40.68% | 0.17x | 2.96x | R$715.39 Million |
| 2024 | 24.41% | 45.56% | 0.18x | 2.94x | R$999.96 Million |
Industry Comparison
This section compares Transmissora Aliança de Energia Elétrica S.A's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $2,397,519,100
- Average return on equity (ROE) among peers: 8.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Transmissora Aliança de Energia Elétrica S.A (TAEE11) | R$7.65 Billion | 7.33% | 1.85x | $2.39 Billion |
| Afluente Transmissão de Energia Elétrica S.A (AFLT3) | $78.42 Million | 16.11% | 0.14x | $1.00 Million |
| Companhia Energética de Brasília - CEB (CEBR3) | $1.00 Billion | 11.90% | 2.68x | $73.31 Million |
| Companhiade Eletricidade do Estado da Bahia - COELBA (CEEB3) | $5.21 Billion | 12.27% | 1.79x | $20.78 Million |
| Companhia Estadual de Distribuição de Energia Elétrica (CEED3) | $-3.62 Billion | 0.00% | 0.00x | $144.84K |
| Centrais Elétricas de Santa Catarina S.A. (CLSC3) | $1.80 Billion | 9.16% | 4.47x | $235.53 Million |
| Companhia Energética do Ceará - Coelce (COCE3) | $2.31 Billion | 16.99% | 1.13x | $70.61 Million |
| CPFL Energia S.A (CPFE3) | $9.40 Billion | 10.10% | 2.74x | $1.48 Billion |
| Energisa S.A (ENGI3) | $4.77 Billion | 3.24% | 3.19x | $732.17 Million |
| Energisa Mato Grosso - Distribuidora de Energia S/A (ENMT3) | $1.80 Billion | 0.27% | 2.29x | $43.07 Million |
| Equatorial Pará Distribuidora de Energia S.A (EQPA3) | $1.23 Billion | 8.02% | 1.70x | $46.76 Million |