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Companhia Energetica do Ceara (Brazil)

Main Activities: Electric Power Transmission, Control, and Distribution
Full name: Companhia Energetica do Ceara Profile Updated: November 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Portuguese Download a sample report

Coelce was created in August 1971 by the merger between CONEFOR, CELCA, CENORTE and CERNE, companies responsible for producing, transmitting and distributing of electrical energy to the Ceara state. In the 90's , the company became an open capital company and its capital started to be negotiated on the major Brazilian stock exchange. In April 1998, the concessionaire was privatized by a public auction. Nowadays, the company is controlled by Endesa Espanha, which owns 59% of the company - 2.3% directly through Endesa Internacional and 56,6% thru Investluz S/A, formed by Endesa Internacional, Ampla (former CERJ), Chilectra and Enersis. Coelce is responsible to provide energy for an area of 146,817 Km², which encloses 184 cities.

Headquarters
Rua Padre Valdevino, 150, Centro
Fortaleza; Ceara; Postal Code: 60135040

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Website: https://ri.enel.com/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 06, 1971
Key Executives
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Chairman of the Board of Directors
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Chairman of the Board of Directors
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Vice Chairman Board of Directors
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Member of Board of Directors
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Member of Board of Directors
Ownership Details
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7.06%
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7.06%
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2.7%
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2.66%
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1.98%
Subsidiaries
Companhia Energetica do Ceara
7.06%
Company Performance
Financial values in the chart are available after Companhia Energetica do Ceara report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BRL. Absolute financial data is included in the purchased report.
Net sales revenue
-5%
Total operating revenue
-5.03%
Operating profit (EBIT)
-4.18%
EBITDA
2.61%
Net Profit (Loss) for the Period
-8.48%
Total assets
4.54%
Total equity
18.89%
Operating Profit Margin (ROS)
0.13%
Net Profit Margin
-0.16%
Return on Equity (ROE)
-1.55%
Debt to Equity Ratio
-30.48%
Quick Ratio
-0.09%
Cash Ratio
-0.02%

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