Companhia Energética de Minas Gerais - CEMIG
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2024, the company operated 36 hydro plants with a total capacity of 4,449.0 MW, 2 wind farms with a total capacity of 70.8 MW, and 10 photovoltaic power stations with a total capacity of 158.99 MW; 357,044 miles of distribu… Read more
Companhia Energética de Minas Gerais - CEMIG (CMIG3) - Total Assets
Latest total assets as of September 2025: R$64.75 Billion BRL
Based on the latest financial reports, Companhia Energética de Minas Gerais - CEMIG (CMIG3) holds total assets worth R$64.75 Billion BRL as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Companhia Energética de Minas Gerais - CEMIG - Total Assets Trend (2000–2024)
This chart illustrates how Companhia Energética de Minas Gerais - CEMIG’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Companhia Energética de Minas Gerais - CEMIG - Asset Composition Analysis
Current Asset Composition (December 2024)
Companhia Energética de Minas Gerais - CEMIG's total assets of R$64.75 Billion consist of 20.5% current assets and 79.5% non-current assets.
| Asset Category | Amount (BRL) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | R$1.63 Billion | 3.2% |
| Accounts Receivable | R$7.37 Billion | 12.3% |
| Inventory | R$0.00 | 0.0% |
| Property, Plant & Equipment | R$4.10 Billion | 6.9% |
| Intangible Assets | R$16.81 Billion | 28.1% |
| Goodwill | R$-6.88 Billion | -11.5% |
Asset Composition Trend (2000–2024)
This chart illustrates how Companhia Energética de Minas Gerais - CEMIG's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Companhia Energética de Minas Gerais - CEMIG's current assets represent 20.5% of total assets in 2024, an increase from 8.0% in 2000.
- Cash Position: Cash and equivalents constituted 3.2% of total assets in 2024, up from 1.9% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is intangible assets at 28.1% of total assets.
Companhia Energética de Minas Gerais - CEMIG Competitors by Total Assets
Key competitors of Companhia Energética de Minas Gerais - CEMIG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenyang Huitian Thermal Power Co Ltd
SHE:000692
|
China | CN¥5.27 Billion |
|
Chubu Electric Power Company Incorporated
F:0C2
|
Germany | €7.41 Trillion |
|
Malakoff Corporation Bhd
KLSE:5264
|
Malaysia | RM18.23 Billion |
|
Shenyang Jinshan Energy Co Ltd
SHG:600396
|
China | CN¥14.03 Billion |
|
Fujian Funeng Co Ltd
SHG:600483
|
China | CN¥53.23 Billion |
|
Xinjiang Tianfu Energy Co Ltd
SHG:600509
|
China | CN¥30.50 Billion |
|
Shenergy Co Ltd
SHG:600642
|
China | CN¥109.16 Billion |
|
Hunan Chen Dian International Development Co Ltd
SHG:600969
|
China | CN¥14.28 Billion |
Companhia Energética de Minas Gerais - CEMIG - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Companhia Energética de Minas Gerais - CEMIG generates 0.67x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Companhia Energética de Minas Gerais - CEMIG generates $ 11.92 in net profit.
Companhia Energética de Minas Gerais - CEMIG - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.90 | 1.04 | 1.60 |
| Quick Ratio | 0.90 | 1.04 | 1.41 |
| Cash Ratio | 0.00 | 0.22 | 0.00 |
| Working Capital | R$-1.55 Billion | R$ 674.00 Million | R$ 5.77 Billion |
Companhia Energética de Minas Gerais - CEMIG - Advanced Valuation Insights
This section examines the relationship between Companhia Energética de Minas Gerais - CEMIG's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.40 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 8.6% |
| Total Assets | R$59.73 Billion |
| Market Capitalization | $6.04 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Companhia Energética de Minas Gerais - CEMIG's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Companhia Energética de Minas Gerais - CEMIG's assets grew by 8.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Companhia Energética de Minas Gerais - CEMIG (2000–2024)
The table below shows the annual total assets of Companhia Energética de Minas Gerais - CEMIG from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | R$59.73 Billion | +8.59% |
| 2023-12-31 | R$55.00 Billion | +2.48% |
| 2022-12-31 | R$53.67 Billion | +3.12% |
| 2021-12-31 | R$52.05 Billion | -3.77% |
| 2020-12-31 | R$54.08 Billion | +7.04% |
| 2019-12-31 | R$50.53 Billion | -15.58% |
| 2018-12-31 | R$59.85 Billion | +41.70% |
| 2017-12-31 | R$42.24 Billion | +0.48% |
| 2016-12-31 | R$42.04 Billion | +2.89% |
| 2015-12-31 | R$40.86 Billion | +16.73% |
| 2014-12-31 | R$35.00 Billion | +17.39% |
| 2013-12-31 | R$29.81 Billion | -8.46% |
| 2012-12-31 | R$32.57 Billion | -11.99% |
| 2011-12-31 | R$37.01 Billion | +10.56% |
| 2010-12-31 | R$33.47 Billion | +10.50% |
| 2009-12-31 | R$30.29 Billion | +22.24% |
| 2008-12-31 | R$24.78 Billion | +1.76% |
| 2007-12-31 | R$24.35 Billion | +4.43% |
| 2006-12-31 | R$23.32 Billion | +9.24% |
| 2005-12-31 | R$21.35 Billion | +10.88% |
| 2004-12-31 | R$19.25 Billion | +12.46% |
| 2003-12-31 | R$17.12 Billion | +10.39% |
| 2002-12-31 | R$15.51 Billion | +10.28% |
| 2001-12-31 | R$14.06 Billion | +10.45% |
| 2000-12-31 | R$12.73 Billion | -- |