Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -0.14 -0.77 -10.90 0.60
Price to Sales 0.02 0.05 0.04 0.05
Book Value Per Common Share -6.00 5.01 9.20 9.88
Price to Book -0.64 1.76 1.00 2.13
Price to Operating Cash Flow 0.63 -1.55 0.41 0.32
Price to Free Cash Flow -1.16 -0.52 0.89 0.42
Enterprise Value to EBITDA 21548.22 9040.32 6629.78
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Price to Earnings -37.12 -4.88 2.20 -4.93
Price to Sales 0.06 0.07 0.08 0.16 0.14
Book Value Per Common Share -4.43 -4.77 -5.32 -6.00 -0.03
Price to Book -0.55 -0.69 -0.72 -0.64 -233.76
Price to Operating Cash Flow -1.41 -4.55 -0.66 3.77 -3.70
Price to Free Cash Flow -0.49 -1.40 -0.51 -14.31 -1.79
Enterprise Value to EBITDA 207983.49 13882.16 9440.80 37386.87

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY 9.70 -26.89 -8.62
EBITDA YoY -59.74 -67.99
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY
Revenue YoY -3.12 -8.24 1.61 -9.93
EBITDA YoY -95.07 -42.05
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 42.08 48.04 37.07 53.90
Quick Ratio 0.82 1.01 0.84 0.91
Current Ratio 1.31 1.53 1.42 1.56
Debt to Equity -24.74 26.98 13.42 13.92
Long-Term Debt to Equity -18.13 19.51 9.46 9.86
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 18.59 25.86 32.70 21.04 35.98
Quick Ratio 0.60 0.60 0.75 0.82 0.71
Current Ratio 1.18 1.21 1.32 1.31 1.28
Debt to Equity -28.54 -29.02 -26.14 -24.74 -63.06
Long-Term Debt to Equity -21.50 -21.21 -19.32 -18.13 -45.14

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -11.14 -4.99 -0.38 15.11
ROE 264.61 -139.65 -5.50 225.43
Gross Margin 7.75 4.28 11.77 30.35
Operating Margin -15.88 -2.75 3.50 20.03
EBITDA Margin -9.49 4.63 8.40 23.98
Net Profit Margin -14.62 -6.49 -0.35 13.24
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA -0.03 -0.29 0.73 -5.56 -0.64
ROE 0.82 8.23 -18.39 131.98 39.72
Gross Margin 2.52 2.02 6.73 5.99 10.58
Operating Margin -5.73 3.64 10.61 -32.52 1.28
EBITDA Margin 0.54 10.57 16.73 -26.57 7.36
Net Profit Margin -0.15 -1.50 3.59 -29.48 -2.79

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield 0.00 0.00 0.00 0.00
Dividend Payout Ratio -0.05 -0.15 -401.79 42.85
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 101,575,000.00 91,741,000.00 88,049,000.00 92,564,368.00
   Current Assets 37,037,000.00 37,441,000.00 34,457,000.00 39,293,445.00
      Cash and Short-Term Investments 16,772,000.00 19,143,000.00 14,761,000.00 12,173,396.00
            Cash and Cash Equivalents 14,986,000.00 14,187,000.00 12,466,000.00 8,680,686.00
            Short-Term Investments 1,786,000.00 4,956,000.00 2,295,000.00 3,492,710.00
      Net Receivables 6,504,000.00 5,629,000.00 5,508,000.00 10,751,132.00
      Inventory 13,472,000.00 12,375,000.00 13,906,000.00 16,272,528.00
      Other Current Assets 289,000.00 294,000.00 282,000.00 96,389.00
   Non-Current Assets 64,538,000.00 54,302,000.00 53,592,000.00 53,270,924.00
      Property, Plant, Equipment Net 44,136,000.00 42,227,000.00 41,716,000.00 40,005,168.00
      Goodwill 2,182,000.00 2,173,000.00 2,087,000.00 2,058,874.00
      Intangible Assets 1,205,000.00 935,000.00 935,000.00 818,425.00
      Long-Term Investments 438,000.00 165,000.00 149,000.00 75,768.00
      Non-Current Deferred Assets 13,882,000.00 6,443,000.00 6,359,000.00 8,257,252.00
      Other Non-Current Assets 2,695,000.00 2,359,000.00 2,346,000.00 2,055,437.00
Liabilities 105,853,000.00 88,462,000.00 81,941,000.00 86,360,540.00
   Current Liabilities 28,272,000.00 24,494,000.00 24,186,000.00 25,193,523.00
      Payables and Expenses 20,870,000.00 16,649,000.00 15,530,000.00 17,576,172.00
            Account Payables 16,883,000.00 13,221,000.00 12,247,000.00 12,053,266.00
            Current Accrued Liabilities 1,033,000.00 828,000.00 828,000.00 1,170,346.00
      Short-Term Debt 4,135,000.00 3,746,000.00 3,290,000.00 2,164,713.00
      Other Current Liabilities 3,267,000.00 4,099,000.00 5,366,000.00 5,452,638.00
   Non-Current Liabilities 77,581,000.00 63,968,000.00 57,755,000.00 61,167,017.00
      Long-Term Debt 69,587,000.00 56,163,000.00 50,535,000.00 52,043,952.00
      Other Non-Current Liabilities 7,994,000.00 7,805,000.00 7,220,000.00 9,123,065.00
Equity -4,278,000.00 3,279,000.00 6,108,000.00 6,203,828.00
   Shareholders Equity -4,782,000.00 3,992,000.00 7,322,000.00 7,865,819.00
      Capital Stock 8,043,000.00 8,043,000.00 8,043,000.00 8,043,222.00
      Share Premium -488,000.00 -488,000.00 -488,000.00 -488,388.00
      Retained Earnings -14,034,000.00 -2,738,000.00 0 0
      Treasury Shares 10,000.00 10,000.00 28,000.00 38,197.00
      Accumulated Other Comprehensive Income 1,684,000.00 -852,000.00 -244,000.00 317,250.00
   Minority Interest 504,000.00 -713,000.00 -1,214,000.00 -1,661,991.00
Debt 73,722,000.00 59,909,000.00 53,825,000.00 54,208,665.00
Net Debt 54,430,000.00 41,789,000.00 37,118,000.00 42,371,565.00
Common Shares Outstanding 796,968.41 796,968.41 796,303.03 796,066.27
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 77,411,000.00 70,569,000.00 96,519,000.00 105,625,000.00
Cost Of Revenue 71,414,000.00 67,548,000.00 85,161,000.00 73,568,000.00
Interest Income 1,256,000.00 1,469,000.00 1,050,000.00 440,000.00
Interest Expense 5,437,000.00 4,250,000.00 3,328,000.00 3,191,000.00
Non-Interest Expense 4,630,000.00 4,388,000.00 4,872,000.00 4,578,000.00
Gross Profit 5,997,000.00 3,021,000.00 11,358,000.00 32,057,000.00
Operating Expenses 5,093,000.00 4,771,000.00 5,246,000.00 4,875,000.00
   Selling, General and Administrative Expenses 4,630,000.00 4,388,000.00 4,872,000.00 4,578,000.00
   Research and Development Expenses 463,000.00 383,000.00 374,000.00 297,000.00
   Other Operating Expenses 2,070,000.00 966,000.00 1,837,000.00 2,077,892.00
Operating Income 904,000.00 -1,750,000.00 6,112,000.00 27,182,000.00
Net Non-Operating Income -2,070,000.00 -966,000.00 -1,837,000.00 -1,135,000.00
EBT -17,733,000.00 -6,192,000.00 47,000.00 17,961,000.00
Income Tax -5,681,000.00 -1,302,000.00 868,000.00 3,999,000.00
Net Income Including Non-Controlling Interests -12,052,000.00 -4,890,000.00 -821,000.00 13,962,000.00
Net Income Non-Controlling Interests 732,000.00 311,000.00 485,000.00 23,000.00
Net Income -11,320,000.00 -4,579,000.00 -336,000.00 13,985,000.00
EBIT -12,296,000.00 -1,942,000.00 3,375,000.00 21,152,000.00
Deprecation and Amortization 4,950,000.00 5,206,000.00 4,733,000.00 4,178,000.00
EBITDA -7,346,000.00 3,264,000.00 8,108,000.00 25,330,000.00
EPS -0.03 -0.01 -0.00 0.04
Diluted EPS -0.03 -0.01 -0.00 0.04
Average Shares Outstanding Basic 398,603.90 398,484.21 398,151.52 225,834.33
Average Shares Outstanding Diluted 398,603.90 398,484.21 398,151.52 225,834.33
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 2,435,000.00 -2,272,000.00 8,952,000.00 14,786,000.00
   Operating Net Income -17,733,000.00 -6,192,000.00 47,000.00 17,961,000.00
   Deprecation and Amortization 4,950,000.00 5,206,000.00 4,733,000.00 4,178,000.00
   Deferred Income Tax 0 0 0 -1,031,000.00
   Share Based Compensation 0 0 0 0
   Change in Working Capital 557,000.00 -1,937,000.00 3,969,000.00 -9,320,000.00
   Other Operating Activities 0 0 203,000.00 2,998,000.00
Investing Cash Flow -3,485,000.00 -4,525,000.00 -4,947,000.00 -3,381,000.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -3,705,000.00 -4,458,000.00 -4,846,000.00 -3,381,000.00
   Net Purchase/Sale of Investments Net 0 0 -64,969.00 0
   Net Purchase/Sale of Business 203,000.00 -78,000.00 -107,000.00 0
   Other Investing Activities 0 0 0 0
Financing Cash Flow 469,000.00 8,873,000.00 225,000.00 -16,966,000.00
   Net Issuance/Repayment of Debt 437,000.00 8,284,000.00 1,554,000.00 -10,973,000.00
   Net Issuance/Repurchase of Equity 0 0 0 0
   Dividends Paid -6,000.00 -7,000.00 -1,350,000.00 -5,993,000.00
   Other Financing Activities 38,000.00 596,000.00 21,000.00 0.00
Net Change in Cash -581,000.00 2,076,000.00 4,229,000.00 -5,560,000.00
   Cash at Beginning of Period 14,187,000.00 12,466,000.00 8,681,000.00 13,863,000.00
   Cash at End of Period 14,986,000.00 14,187,000.00 12,466,000.00 8,681,000.00
Free Cash Flow -1,326,000.00 -6,802,000.00 4,104,000.00 11,365,000.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 87,383,000.00 91,303,000.00 95,422,000.00 101,575,000.00 92,650,000.00
   Current Assets 26,273,000.00 30,743,000.00 34,101,000.00 37,037,000.00 34,266,000.00
      Cash and Short-Term Investments 7,408,000.00 10,304,000.00 13,029,000.00 16,772,000.00 14,337,000.00
            Cash and Cash Equivalents 6,663,000.00 9,183,000.00 11,317,000.00 14,986,000.00 11,919,000.00
            Short-Term Investments 745,000.00 1,121,000.00 1,712,000.00 1,786,000.00 2,418,000.00
      Net Receivables 5,957,000.00 4,885,000.00 6,355,000.00 6,504,000.00 4,740,000.00
      Inventory 12,153,000.00 13,496,000.00 14,232,000.00 13,472,000.00 13,948,000.00
      Other Current Assets 755,000.00 2,058,000.00 485,000.00 289,000.00 1,241,000.00
   Non-Current Assets 61,110,000.00 60,560,000.00 61,321,000.00 64,538,000.00 58,384,000.00
      Property, Plant, Equipment Net 41,597,000.00 42,006,000.00 42,293,000.00 44,136,000.00 41,528,000.00
      Goodwill 1,949,000.00 2,141,000.00 2,175,000.00 2,182,000.00 0
      Intangible Assets 1,086,000.00 1,067,000.00 1,142,000.00 1,205,000.00 0
      Long-Term Investments 518,000.00 522,000.00 458,000.00 438,000.00 593,000.00
      Non-Current Deferred Assets 13,244,000.00 11,591,000.00 12,478,000.00 13,882,000.00 10,365,000.00
      Other Non-Current Assets 2,716,000.00 3,233,000.00 2,775,000.00 2,695,000.00 0
Liabilities 90,556,000.00 94,561,000.00 99,217,000.00 105,853,000.00 94,143,000.00
   Current Liabilities 22,352,000.00 25,471,000.00 25,901,000.00 28,272,000.00 26,754,000.00
      Payables and Expenses 17,106,000.00 19,138,000.00 19,433,000.00 20,870,000.00 18,919,000.00
            Account Payables 13,872,000.00 15,663,000.00 15,861,000.00 16,883,000.00 15,533,000.00
            Current Accrued Liabilities 894,000.00 729,000.00 704,000.00 1,033,000.00 921,000.00
      Short-Term Debt 2,938,000.00 3,732,000.00 3,478,000.00 4,135,000.00 3,492,000.00
      Other Current Liabilities 2,308,000.00 2,601,000.00 2,990,000.00 3,267,000.00 4,343,000.00
   Non-Current Liabilities 68,204,000.00 69,090,000.00 73,316,000.00 77,581,000.00 67,389,000.00
      Long-Term Debt 60,299,000.00 61,638,000.00 65,498,000.00 69,587,000.00 61,202,000.00
      Other Non-Current Liabilities 7,905,000.00 7,452,000.00 7,818,000.00 7,994,000.00 6,187,000.00
Equity -3,173,000.00 -3,258,000.00 -3,795,000.00 -4,278,000.00 -1,493,000.00
   Shareholders Equity -3,533,000.00 -3,805,000.00 -4,236,000.00 -4,782,000.00 -25,000.00
      Capital Stock 8,043,000.00 8,043,000.00 8,043,000.00 8,043,000.00 8,043,000.00
      Share Premium -488,000.00 -488,000.00 -488,000.00 -488,000.00 0
      Retained Earnings -13,621,000.00 -13,597,000.00 -13,333,000.00 -14,034,000.00 -7,597,000.00
      Treasury Shares 0 -3,000.00 -16,000.00 10,000.00 0
      Accumulated Other Comprehensive Income 2,533,000.00 2,234,000.00 1,542,000.00 1,684,000.00 17,000.00
   Minority Interest 360,000.00 547,000.00 441,000.00 504,000.00 -1,468,000.00
Debt 63,237,000.00 65,370,000.00 68,976,000.00 73,722,000.00 64,694,000.00
Net Debt 52,548,000.00 52,264,000.00 53,350,000.00 54,430,000.00 48,976,000.00
Common Shares Outstanding 796,968.41 796,968.41 796,968.41 796,968.41 796,968.41
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenues 17,299,000.00 17,857,000.00 19,460,000.00 19,152,000.00 21,264,000.00 0
Cost Of Revenue 16,863,000.00 17,495,000.00 18,150,000.00 18,005,000.00 19,015,000.00 0
Interest Income 384,000.00 198,000.00 210,000.00 197,000.00 439,000.00 0
Interest Expense 1,599,000.00 1,181,000.00 1,249,000.00 2,101,000.00 1,586,000.00 0
Non-Interest Expense 1,113,000.00 1,212,000.00 1,183,000.00 1,314,000.00 1,171,000.00 0
Gross Profit 436,000.00 361,000.00 1,310,000.00 1,147,000.00 2,249,000.00 0
Operating Expenses 1,234,000.00 801,000.00 1,309,000.00 664,000.00 1,280,000.00 0
   Selling, General and Administrative Expenses 1,113,000.00 1,212,000.00 1,183,000.00 1,314,000.00 1,171,000.00 0
   Research and Development Expenses 121,000.00 108,000.00 126,000.00 143,000.00 109,000.00 0
   Other Operating Expenses 0 -222,000.00 0 1,974,000.00 455,000.00 373,000.00
Operating Income -798,000.00 -440,000.00 1,000.00 483,000.00 969,000.00 0
Net Non-Operating Income -741,000.00 -96,000.00 107,000.00 -2,497,000.00 -5,000.00 0
EBT -2,591,000.00 -531,000.00 816,000.00 -8,329,000.00 -1,313,000.00 0
Income Tax -2,417,000.00 -140,000.00 184,000.00 -2,442,000.00 -444,000.00 0
Net Income Including Non-Controlling Interests -174,000.00 -391,000.00 632,000.00 -5,887,000.00 -869,000.00 0
Net Income Non-Controlling Interests 148,000.00 124,000.00 66,000.00 240,000.00 276,000.00 0
Net Income -26,000.00 -268,000.00 698,000.00 -5,646,000.00 -593,000.00 0
EBIT -992,000.00 650,000.00 2,065,000.00 -6,228,000.00 273,000.00 0
Deprecation and Amortization 1,085,000.00 1,237,000.00 1,191,000.00 1,140,000.00 1,293,000.00 0
EBITDA 93,000.00 1,887,000.00 3,256,000.00 -5,088,000.00 1,566,000.00 0
EPS -0.00 -0.00 0.00 0 -0.00 -0.01
Diluted EPS -0.00 -0.00 0.00 0 -0.00 -0.01
Average Shares Outstanding Basic 398,484.21 398,484.21 398,484.21 0 398,484.21 398,484.21
Average Shares Outstanding Diluted 398,484.21 398,484.21 398,484.21 0 398,484.21 398,484.21
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Operating Cash Flow -683,000.00 -287,000.00 -2,332,000.00 817,000.00 -790,000.00
   Operating Net Income -2,591,000.00 -531,000.00 816,000.00 -8,329,000.00 -1,312,000.00
   Deprecation and Amortization 1,085,000.00 1,237,000.00 1,191,000.00 1,140,000.00 1,293,000.00
   Deferred Income Tax 0 -293,000.00 0 0 0
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital -159,000.00 548,000.00 -1,662,000.00 374,000.00 -1,137,000.00
   Other Operating Activities 982,000.00 -1,248,000.00 0 0 0
Investing Cash Flow -1,056,000.00 -697,000.00 -576,000.00 -1,017,000.00 -629,000.00
   Capital Expenditure 0 0 0 0 0
   Net Purchase/Sale of PPE -1,268,000.00 -649,000.00 -653,000.00 -1,031,000.00 -838,000.00
   Net Purchase/Sale of Investments Net 203,000.00 0 77,000.00 0 203,000.00
   Net Purchase/Sale of Business 0 -47,000.00 0 203,000.00 0
   Other Investing Activities 9,000.00 -1,000.00 0 0 6,000.00
Financing Cash Flow -734,000.00 -1,037,000.00 -191,000.00 2,386,000.00 -637,000.00
   Net Issuance/Repayment of Debt -733,000.00 -1,011,000.00 -196,000.00 2,380,000.00 -637,000.00
   Net Issuance/Repurchase of Equity 0 0 0 0 0
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 0 0 0 6,000.00 0.00
Net Change in Cash -2,472,000.00 -2,020,000.00 -3,099,000.00 2,186,000.00 -2,056,000.00
   Cash at Beginning of Period 9,183,000.00 11,317,000.00 14,986,000.00 11,919,000.00 14,213,000.00
   Cash at End of Period 6,663,000.00 9,183,000.00 11,317,000.00 14,986,000.00 11,919,000.00
Free Cash Flow -1,951,000.00 -936,000.00 -2,985,000.00 -215,000.00 -1,630,000.00