CSIQ
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 20.59 | 6.26 | 8.28 | 20.19 |
| Price to Sales | 0.12 | 0.23 | 0.27 | 0.37 |
| Book Value Per Common Share | 42.05 | 38.68 | 30.10 | 28.13 |
| Price to Book | 0.26 | 0.68 | 1.03 | 1.11 |
| Price to Operating Cash Flow | -0.84 | 2.50 | 2.17 | -4.72 |
| Price to Free Cash Flow | -0.27 | -2.04 | 6.89 | -2.30 |
| Enterprise Value to EBITDA | 13383.84 | 20919.28 | 29964.89 | 41793.22 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | -186.29 | 138.00 | -12.54 | 21.80 | -54.06 |
| Price to Sales | 0.59 | 0.44 | 0.48 | 0.49 | 0.74 |
| Book Value Per Common Share | 42.84 | 42.64 | 41.36 | 42.05 | 43.43 |
| Price to Book | 0.30 | 0.26 | 0.21 | 0.26 | 0.39 |
| Price to Operating Cash Flow | -7.87 | 3.93 | -2.19 | 11.20 | -4.86 |
| Price to Free Cash Flow | -2.17 | -3.64 | -0.89 | -1.56 | -1.57 |
| Enterprise Value to EBITDA | 237418.34 | 58734.34 | 807513.75 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | -87.11 | 12.33 | 140.65 | |
| Revenue YoY | -21.28 | 1.94 | 41.53 | |
| EBITDA YoY | -32.91 | 24.71 | 38.78 | |
| Net Profit YoY | -86.85 | 14.26 | 151.94 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | -12.19 | 41.55 | -21.34 | 0.90 | |
| EBITDA YoY | -70.78 | ||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 25.54 | 29.65 | 15.26 | 14.12 |
| Quick Ratio | 0.59 | 0.54 | 0.42 | 0.44 |
| Current Ratio | 1.09 | 1.04 | 1.07 | 1.18 |
| Debt to Equity | 2.26 | 2.21 | 2.92 | 2.47 |
| Long-Term Debt to Equity | 0.95 | 0.63 | 0.64 | 0.58 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 26.08 | 27.63 | 23.55 | 25.42 | 32.40 |
| Quick Ratio | 0.51 | 0.56 | 0.52 | 0.59 | 0.58 |
| Current Ratio | 1.07 | 1.09 | 1.07 | 1.09 | 1.06 |
| Debt to Equity | 2.48 | 2.55 | 2.41 | 2.26 | 2.42 |
| Long-Term Debt to Equity | 1.11 | 1.19 | 1.04 | 0.95 | 0.92 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 0.27 | 2.30 | 2.66 | 1.29 |
| ROE | 0.87 | 7.40 | 10.40 | 4.48 |
| Gross Margin | 16.67 | 16.81 | 16.91 | 17.23 |
| Operating Margin | 0.92 | 6.86 | 5.77 | 3.73 |
| EBITDA Margin | 9.29 | 10.90 | 8.91 | 9.08 |
| Net Profit Margin | 0.60 | 3.60 | 3.21 | 1.80 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | -0.17 | 0.05 | -0.24 | 0.25 | -0.10 |
| ROE | -0.59 | 0.17 | -0.83 | 0.82 | -0.35 |
| Gross Margin | 17.23 | 29.82 | 11.74 | 14.27 | 16.41 |
| Operating Margin | 2.47 | 7.44 | -4.62 | -7.35 | 0.91 |
| EBITDA Margin | 2.47 | 7.44 | -4.62 | -7.35 | 0.91 |
| Net Profit Margin | -1.72 | 0.42 | -2.84 | 2.23 | -0.93 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| 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 | 13,511,550.00 | 11,895,760.00 | 9,037,128.00 | 7,388,342.00 |
| Current Assets | 5,917,077.00 | 6,095,453.00 | 5,644,657.00 | 4,771,827.00 |
| Cash and Short-Term Investments | 1,701,487.00 | 1,938,689.00 | 981,434.00 | 869,831.00 |
| Cash and Cash Equivalents | 1,701,487.00 | 1,938,689.00 | 981,434.00 | 869,831.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 1,488,132.00 | 1,209,697.00 | 1,236,107.00 | 887,540.00 |
| Inventory | 1,206,595.00 | 1,179,641.00 | 1,524,095.00 | 1,192,374.00 |
| Other Current Assets | 1,520,863.00 | 1,767,426.00 | 1,903,021.00 | 1,822,082.00 |
| Non-Current Assets | 7,594,473.00 | 5,800,307.00 | 3,392,471.00 | 2,616,515.00 |
| Property, Plant, Equipment Net | 5,530,130.00 | 4,276,962.00 | 2,295,059.00 | 1,616,437.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 31,026.00 | 19,727.00 | 17,530.00 | 18,992.00 |
| Long-Term Investments | 232,980.00 | 236,928.00 | 115,784.00 | 98,819.00 |
| Non-Current Deferred Assets | 473,500.00 | 263,458.00 | 229,226.00 | 236,503.00 |
| Other Non-Current Assets | 1,326,837.00 | 1,003,232.00 | 734,872.00 | 645,764.00 |
| Liabilities | 9,361,747.00 | 8,190,516.00 | 6,730,434.00 | 5,261,904.00 |
| Current Liabilities | 5,418,910.00 | 5,864,391.00 | 5,258,768.00 | 4,038,148.00 |
| Payables and Expenses | 2,050,824.00 | 2,173,867.00 | 1,658,429.00 | 1,170,992.00 |
| Account Payables | 1,062,874.00 | 813,677.00 | 805,300.00 | 502,995.00 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 |
| Short-Term Debt | 2,761,062.00 | 2,703,687.00 | 2,947,025.00 | 2,486,239.00 |
| Other Current Liabilities | 607,024.00 | 986,837.00 | 653,314.00 | 380,917.00 |
| Non-Current Liabilities | 3,942,837.00 | 2,326,125.00 | 1,471,666.00 | 1,223,756.00 |
| Long-Term Debt | 3,149,934.00 | 1,771,844.00 | 1,096,735.00 | 771,524.00 |
| Other Non-Current Liabilities | 792,903.00 | 554,281.00 | 374,931.00 | 452,232.00 |
| Equity | 4,149,803.00 | 3,705,244.00 | 2,306,694.00 | 2,126,438.00 |
| Shareholders Equity | 2,815,500.00 | 2,559,243.00 | 1,941,639.00 | 1,801,083.00 |
| Capital Stock | 835,543.00 | 835,543.00 | 835,543.00 | 835,543.00 |
| Share Premium | 590,578.00 | 292,737.00 | 1,127.00 | -19,428.00 |
| Retained Earnings | 1,585,758.00 | 1,549,707.00 | 1,275,520.00 | 1,035,552.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -196,379.00 | -118,744.00 | -170,551.00 | -50,584.00 |
| Minority Interest | 1,334,303.00 | 1,146,001.00 | 365,055.00 | 325,355.00 |
| Debt | 5,910,996.00 | 4,475,531.00 | 4,043,760.00 | 3,257,763.00 |
| Net Debt | 3,916,333.00 | 2,399,792.00 | 3,026,802.00 | 2,352,532.00 |
| Common Shares Outstanding | 66,954.63 | 66,158.74 | 64,506.06 | 64,022.68 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 5,993,409.00 | 7,613,626.00 | 7,468,610.00 | 5,277,169.00 |
| Cost Of Revenue | 4,994,090.00 | 6,333,643.00 | 6,205,474.00 | 4,367,857.00 |
| Interest Income | 88,470.00 | 51,621.00 | 40,615.00 | 11,051.00 |
| Interest Expense | 137,468.00 | 114,099.00 | 74,266.00 | 58,153.00 |
| Non-Interest Expense | 1,003,151.00 | 810,158.00 | 901,055.00 | 707,592.00 |
| Gross Profit | 999,319.00 | 1,279,983.00 | 1,263,136.00 | 909,312.00 |
| Operating Expenses | 1,029,400.00 | 826,663.00 | 907,075.00 | 727,531.00 |
| Selling, General and Administrative Expenses | 1,003,151.00 | 810,158.00 | 901,055.00 | 707,592.00 |
| Research and Development Expenses | 120,792.00 | 100,844.00 | 69,822.00 | 58,407.00 |
| Other Operating Expenses | -94,543.00 | -84,339.00 | -63,802.00 | -38,468.00 |
| Operating Income | -30,081.00 | 453,320.00 | 356,061.00 | 181,781.00 |
| EBT | -82,302.00 | 408,525.00 | 356,468.00 | 138,464.00 |
| Income Tax | -16,576.00 | 59,501.00 | 73,353.00 | 35,844.00 |
| Net Income Including Non-Controlling Interests | -77,862.00 | 363,634.00 | 298,555.00 | 109,876.00 |
| Net Income Non-Controlling Interests | 113,913.00 | -89,447.00 | -58,587.00 | -14,628.00 |
| Net Income | 36,051.00 | 274,187.00 | 239,968.00 | 95,248.00 |
| EBIT | 55,166.00 | 522,624.00 | 430,734.00 | 196,617.00 |
| Deprecation and Amortization | 501,443.00 | 307,040.00 | 234,559.00 | 282,769.00 |
| EBITDA | 556,609.00 | 829,664.00 | 665,293.00 | 479,386.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 66,616.40 | 65,375.08 | 64,324.56 | 61,614.39 |
| Average Shares Outstanding Diluted | 66,939.43 | 72,194.01 | 71,183.13 | 68,872.10 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -885,324.00 | 684,615.00 | 916,631.00 | -408,254.00 |
| Operating Net Income | -77,862.00 | 363,634.00 | 298,555.00 | 109,876.00 |
| Deprecation and Amortization | 501,443.00 | 307,040.00 | 234,559.00 | 282,769.00 |
| Deferred Income Tax | -98,205.00 | -17,908.00 | 16,908.00 | 0 |
| Share Based Compensation | 21,404.00 | 55,335.00 | 9,370.00 | 8,808.00 |
| Change in Working Capital | -1,651,999.00 | -189,737.00 | 236,359.00 | -886,745.00 |
| Other Operating Activities | 419,895.00 | 166,251.00 | 120,880.00 | 0 |
| Investing Cash Flow | -1,962,257.00 | -1,671,416.00 | -630,488.00 | -429,570.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -1,870,411.00 | -1,525,460.00 | -627,997.00 | -392,548.00 |
| Net Purchase/Sale of Investments Net | -64,650.00 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | -39,728.00 | -122,852.00 | -19,355.00 | -37,022.00 |
| Other Investing Activities | 12,532.00 | -23,104.00 | 16,864.00 | 0.00 |
| Financing Cash Flow | 2,319,771.00 | 2,052,828.00 | 428,639.00 | 614,071.00 |
| Net Issuance/Repayment of Debt | 1,657,637.00 | 1,031,447.00 | 443,125.00 | 472,865.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 0 | 0 |
| Net Change in Cash | -527,810.00 | 1,066,027.00 | 714,782.00 | -223,753.00 |
| Cash at Beginning of Period | 2,946,432.00 | 1,969,503.00 | 1,434,282.00 | 1,639,715.00 |
| Cash at End of Period | 2,264,021.00 | 2,946,432.00 | 1,969,503.00 | 1,434,282.00 |
| Free Cash Flow | -2,755,735.00 | -840,845.00 | 288,634.00 | -837,754.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 15,157,000.00 | 14,811,931.00 | 13,895,538.00 | 13,511,550.00 | 13,779,988.00 |
| Current Assets | 6,385,463.00 | 6,209,613.00 | 5,990,322.00 | 5,917,077.00 | 6,387,212.00 |
| Cash and Short-Term Investments | 1,763,311.00 | 1,856,034.00 | 1,577,275.00 | 1,701,487.00 | 2,168,777.00 |
| Cash and Cash Equivalents | 1,763,311.00 | 1,856,034.00 | 1,577,275.00 | 1,701,487.00 | 2,168,777.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 1,309,057.00 | 1,327,462.00 | 1,335,845.00 | 1,488,132.00 | 1,347,184.00 |
| Inventory | 1,244,397.00 | 1,247,923.00 | 1,498,853.00 | 1,206,595.00 | 1,263,919.00 |
| Other Current Assets | 2,068,698.00 | 1,778,194.00 | 1,578,349.00 | 1,520,863.00 | 1,607,332.00 |
| Non-Current Assets | 8,771,537.00 | 8,602,318.00 | 7,905,216.00 | 7,594,473.00 | 7,392,776.00 |
| Property, Plant, Equipment Net | 5,788,841.00 | 5,719,142.00 | 5,838,839.00 | 5,530,130.00 | 5,380,821.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 31,987.00 | 32,212.00 | 0 | 31,026.00 | 0 |
| Long-Term Investments | 276,083.00 | 262,015.00 | 245,668.00 | 232,980.00 | 242,372.00 |
| Non-Current Deferred Assets | 388,129.00 | 397,146.00 | 413,961.00 | 473,500.00 | 425,890.00 |
| Other Non-Current Assets | 2,286,497.00 | 2,191,803.00 | 0 | 1,326,837.00 | 0 |
| Liabilities | 10,797,895.00 | 10,636,071.00 | 9,824,887.00 | 9,361,747.00 | 9,747,526.00 |
| Current Liabilities | 5,968,174.00 | 5,675,562.00 | 5,585,610.00 | 5,418,910.00 | 6,018,150.00 |
| Payables and Expenses | 1,969,280.00 | 2,060,368.00 | 1,964,260.00 | 2,050,824.00 | 2,053,702.00 |
| Account Payables | 1,070,135.00 | 1,016,152.00 | 1,033,669.00 | 1,062,874.00 | 957,636.00 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 3,324,894.00 | 2,910,471.00 | 2,947,450.00 | 2,761,062.00 | 3,133,885.00 |
| Other Current Liabilities | 674,000.00 | 704,723.00 | 673,900.00 | 607,024.00 | 830,563.00 |
| Non-Current Liabilities | 4,829,721.00 | 4,960,509.00 | 4,239,277.00 | 3,942,837.00 | 3,729,376.00 |
| Long-Term Debt | 4,074,117.00 | 4,214,848.00 | 3,538,327.00 | 3,149,934.00 | 2,838,744.00 |
| Other Non-Current Liabilities | 755,604.00 | 745,661.00 | 700,950.00 | 792,903.00 | 890,632.00 |
| Equity | 4,359,105.00 | 4,175,860.00 | 4,070,651.00 | 4,149,803.00 | 4,032,462.00 |
| Shareholders Equity | 2,868,253.00 | 2,854,801.00 | 2,769,189.00 | 2,815,500.00 | 2,872,961.00 |
| Capital Stock | 835,543.00 | 835,543.00 | 835,543.00 | 835,543.00 | 835,543.00 |
| Share Premium | 579,551.00 | 575,449.00 | 581,717.00 | 590,578.00 | 587,052.00 |
| Retained Earnings | 1,567,970.00 | 1,558,984.00 | 1,551,787.00 | 1,585,758.00 | 1,551,855.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -114,811.00 | -115,175.00 | -199,858.00 | -196,379.00 | -101,489.00 |
| Minority Interest | 1,490,852.00 | 1,321,059.00 | 1,301,462.00 | 1,334,303.00 | 1,159,501.00 |
| Debt | 7,399,011.00 | 7,125,319.00 | 6,485,777.00 | 5,910,996.00 | 5,972,629.00 |
| Net Debt | 5,265,147.00 | 4,923,003.00 | 4,567,404.00 | 3,916,333.00 | 3,574,791.00 |
| Common Shares Outstanding | 66,954.63 | 66,954.63 | 66,954.63 | 66,954.63 | 66,158.74 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 1,487,402.00 | 1,693,871.00 | 1,196,625.00 | 1,521,241.00 | 1,507,624.00 |
| Cost Of Revenue | 1,231,101.00 | 1,188,841.00 | 1,056,131.00 | 1,304,205.00 | 1,260,188.00 |
| Interest Income | 15,078.00 | 9,920.00 | 12,096.00 | 26,301.00 | 13,745.00 |
| Interest Expense | 44,414.00 | 44,807.00 | 40,487.00 | 35,395.00 | 34,184.00 |
| Non-Interest Expense | 217,837.00 | 362,150.00 | 196,418.00 | 351,282.00 | 236,161.00 |
| Gross Profit | 256,301.00 | 505,030.00 | 140,494.00 | 217,036.00 | 247,436.00 |
| Operating Expenses | 221,712.00 | 377,597.00 | 195,299.00 | 344,133.00 | 247,142.00 |
| Selling, General and Administrative Expenses | 217,837.00 | 362,150.00 | 196,418.00 | 351,282.00 | 236,161.00 |
| Research and Development Expenses | 19,999.00 | 24,719.00 | 24,284.00 | 30,476.00 | 30,459.00 |
| Other Operating Expenses | -16,124.00 | -9,272.00 | -25,403.00 | -37,625.00 | -19,478.00 |
| Operating Income | 34,589.00 | 127,433.00 | -54,805.00 | -127,097.00 | 294.00 |
| EBT | -7,616.00 | 81,134.00 | -95,731.00 | -147,231.00 | -20,448.00 |
| Income Tax | 7,138.00 | 34,311.00 | -23,122.00 | -11,707.00 | -19,829.00 |
| Net Income Including Non-Controlling Interests | -21,078.00 | 44,770.00 | -76,654.00 | -135,439.00 | -6,070.00 |
| Net Income Non-Controlling Interests | 30,064.00 | -37,573.00 | 42,683.00 | 169,342.00 | -7,956.00 |
| Net Income | -25,620.00 | 7,197.00 | -33,971.00 | 33,903.00 | -14,026.00 |
| EBIT | 36,798.00 | 125,941.00 | -55,244.00 | -111,836.00 | 13,736.00 |
| EBITDA | 36,798.00 | 125,941.00 | -55,244.00 | -111,836.00 | 13,736.00 |
| EPS | -0.00 | 0.00 | -0.00 | 0.00 | -0.00 |
| Diluted EPS | -0.00 | 0.00 | -0.00 | 0.00 | -0.00 |
| Average Shares Outstanding Basic | 67,620.46 | 67,167.30 | 66,962.69 | 66,947.05 | 66,933.12 |
| Average Shares Outstanding Diluted | 67,620.46 | 67,167.30 | 66,962.69 | 73,363.17 | 66,933.12 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | -112,060.00 | 188,556.00 | -264,203.00 | 66,466.00 | -230,965.00 |
| Operating Net Income | -21,078.00 | 44,770.00 | -76,654.00 | -135,439.00 | -6,070.00 |
| Deprecation and Amortization | 0 | 0 | 0 | 0 | 0 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | -304,274.00 | -222,298.00 | -349,319.00 | -252,686.00 | -282,290.00 |
| Other Operating Activities | 213,292.00 | 366,084.00 | 161,770.00 | 454,591.00 | 57,395.00 |
| Investing Cash Flow | -287,664.00 | -448,306.00 | -468,984.00 | -633,909.00 | -496,708.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -294,453.00 | -392,424.00 | -385,087.00 | -544,840.00 | -485,383.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 6,789.00 | -55,882.00 | -83,897.00 | -89,069.00 | -11,325.00 |
| Financing Cash Flow | 310,411.00 | 471,055.00 | 544,238.00 | 137,468.00 | 1,271,293.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 0 | -24,221.00 | -21,404.00 | 0 | 200,000.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 310,411.00 | 495,276.00 | 565,642.00 | 0 | 1,071,293.00 |
| Net Change in Cash | -89,313.00 | 211,305.00 | -188,949.00 | -429,975.00 | 543,620.00 |
| Cash at Beginning of Period | 2,264,209.00 | 2,033,919.00 | 2,264,021.00 | 2,827,794.00 | 2,192,241.00 |
| Cash at End of Period | 2,179,931.00 | 2,264,209.00 | 2,033,919.00 | 2,264,021.00 | 2,827,794.00 |
| Free Cash Flow | -406,513.00 | -203,868.00 | -649,290.00 | -478,374.00 | -716,348.00 |