FSLR
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | 14.60 | 22.14 | -365.34 | 19.76 | 26.31 |
| Price to Sales | 4.48 | 5.54 | 6.09 | 3.17 | 3.86 |
| Book Value Per Common Share | 74.51 | 62.59 | 54.74 | 56.05 | 52.09 |
| Price to Book | 2.37 | 2.75 | 2.74 | 1.56 | 1.90 |
| Price to Operating Cash Flow | 15.48 | 30.55 | 18.27 | 38.99 | 282.14 |
| Price to Free Cash Flow | -61.22 | -23.45 | -527.80 | -30.59 | -27.59 |
| Enterprise Value to EBITDA | 100969.26 | 151846.10 | 539349.51 | 109392.89 | 191996.68 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-03-31 | 2023-12-31 | 2023-03-31 | 2022-12-31 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | 51.89 | 51.89 | 64.51 | 85.42 | 76.38 | 543.75 | -204.24 | 44.09 | |||||
| Price to Sales | 14.83 | 16.18 | 16.04 | 30.08 | 22.73 | 42.32 | 24.28 | 11.53 | |||||
| Book Value Per Common Share | 84.01 | 79.69 | 76.34 | 74.51 | 70.93 | 64.48 | 62.59 | 54.94 | 54.74 | 55.12 | 56.05 | 53.57 | 52.09 |
| Price to Book | 2.62 | 2.08 | 1.66 | 2.37 | 3.52 | 2.62 | 2.75 | 3.96 | 2.74 | 1.52 | 1.56 | 1.63 | 1.90 |
| Price to Operating Cash Flow | 18.57 | 118.69 | -22.28 | -496.89 | 67.41 | -670.68 | -64.18 | -33.14 | |||||
| Price to Free Cash Flow | 22.12 | -128.13 | -16.64 | -54.76 | -123.84 | -57.21 | -30.35 | -25.06 | |||||
| Enterprise Value to EBITDA | 386341.80 | 365304.37 | 384691.87 | 596736.22 | 508521.37 | 2206985.16 | 16782918.02 | 288918.59 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | 55.14 | 17.29 | |||
| Revenue YoY | 26.75 | 26.70 | -10.40 | 7.82 | |
| EBITDA YoY | 54.15 | 309.44 | -65.05 | 55.16 | |
| Net Profit YoY | 55.52 | 17.66 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-03-31 | 2023-12-31 | 2023-03-31 | 2022-12-31 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | 33.23 | 62.76 | -32.88 | 32.13 | 452.50 | ||||||||
| Revenue YoY | 45.36 | 29.91 | -4.86 | 11.78 | 44.83 | 49.38 | -54.31 | ||||||
| EBITDA YoY | 26.04 | 37.89 | -21.24 | 25.95 | 237.51 | 1879.62 | -98.34 | ||||||
| Net Profit YoY | 33.37 | 63.16 | -33.05 | 32.26 | 455.95 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 16.75 | 19.69 | 24.19 | 17.18 | 16.50 |
| Quick Ratio | 1.47 | 2.12 | 2.80 | 3.10 | 2.38 |
| Current Ratio | 2.45 | 3.55 | 3.65 | 4.39 | 3.56 |
| Debt to Equity | 0.52 | 0.55 | 0.41 | 0.24 | 0.29 |
| Long-Term Debt to Equity | 0.26 | 0.35 | 0.24 | 0.12 | 0.13 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-03-31 | 2023-12-31 | 2023-03-31 | 2022-12-31 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 19.02 | 10.76 | 8.32 | 16.75 | 11.86 | 18.61 | 19.68 | 21.29 | 24.18 | 14.56 | 17.17 | 14.47 | 16.48 |
| Quick Ratio | 1.39 | 1.22 | 1.05 | 1.47 | 1.22 | 1.51 | 2.12 | 2.19 | 2.80 | 2.51 | 3.10 | 3.47 | 2.38 |
| Current Ratio | 1.91 | 1.90 | 1.93 | 2.45 | 2.14 | 2.41 | 3.55 | 3.08 | 3.65 | 4.07 | 4.39 | 4.69 | 3.56 |
| Debt to Equity | 0.49 | 0.50 | 0.48 | 0.52 | 0.51 | 0.56 | 0.55 | 0.46 | 0.41 | 0.26 | 0.24 | 0.25 | 0.29 |
| Long-Term Debt to Equity | 0.15 | 0.17 | 0.19 | 0.26 | 0.27 | 0.30 | 0.35 | 0.26 | 0.24 | 0.13 | 0.12 | 0.13 | 0.13 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | 10.66 | 8.02 | -0.54 | 6.32 | 5.60 |
| ROE | 16.20 | 12.42 | -0.76 | 7.86 | 7.22 |
| Gross Margin | 44.17 | 39.19 | 2.67 | 24.97 | 25.10 |
| Operating Margin | 34.36 | 27.25 | 1.01 | 20.09 | 11.55 |
| EBITDA Margin | 44.43 | 36.53 | 11.30 | 28.98 | 20.14 |
| Net Profit Margin | 30.72 | 25.03 | -1.69 | 16.03 | 14.69 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-03-31 | 2023-12-31 | 2023-03-31 | 2022-12-31 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | 3.39 | 2.66 | 1.73 | 2.74 | 2.20 | 0.50 | -0.58 | 2.95 | |||||
| ROE | 5.06 | 4.00 | 2.56 | 4.12 | 3.43 | 0.73 | -0.74 | 3.68 | |||||
| Gross Margin | 38.29 | 45.56 | 40.78 | 50.17 | 43.57 | 20.44 | 3.12 | 23.00 | |||||
| Operating Margin | 29.75 | 32.93 | 26.83 | 37.89 | 33.34 | 6.64 | -16.32 | 32.12 | |||||
| EBITDA Margin | 38.41 | 44.30 | 41.73 | 50.41 | 44.74 | 19.20 | 1.45 | 39.98 | |||||
| Net Profit Margin | 28.59 | 31.16 | 24.81 | 35.26 | 29.80 | 7.76 | -11.78 | 26.10 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-03-31 | 2023-12-31 | 2023-03-31 | 2022-12-31 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | |||||||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Assets | 12,124,361.00 | 10,365,132.00 | 8,251,228.00 | 7,413,746.00 | 7,108,931.00 |
| Current Assets | 5,089,033.00 | 4,634,809.00 | 3,791,421.00 | 3,191,243.00 | 3,014,535.00 |
| Cash and Short-Term Investments | 1,792,959.00 | 2,102,489.00 | 2,577,981.00 | 1,826,043.00 | 1,747,068.00 |
| Cash and Cash Equivalents | 1,621,376.00 | 1,946,994.00 | 1,481,269.00 | 1,450,654.00 | 1,227,002.00 |
| Short-Term Investments | 171,583.00 | 155,495.00 | 1,096,712.00 | 375,389.00 | 520,066.00 |
| Net Receivables | 1,261,049.00 | 660,776.00 | 324,337.00 | 429,436.00 | 266,086.00 |
| Inventory | 1,084,384.00 | 819,899.00 | 621,376.00 | 666,299.00 | 567,617.00 |
| Other Current Assets | 950,641.00 | 1,051,645.00 | 267,727.00 | 269,465.00 | 433,764.00 |
| Non-Current Assets | 7,035,328.00 | 5,730,323.00 | 4,459,807.00 | 4,222,503.00 | 4,094,396.00 |
| Property, Plant, Equipment Net | 5,527,966.00 | 4,481,704.00 | 3,630,087.00 | 2,857,131.00 | 2,628,949.00 |
| Goodwill | 28,335.00 | 29,687.00 | 14,462.00 | 14,462.00 | 14,462.00 |
| Intangible Assets | 54,654.00 | 64,511.00 | 31,106.00 | 45,509.00 | 56,138.00 |
| Long-Term Investments | 0 | 0 | 1,500.00 | 21,293.00 | 350.00 |
| Non-Current Deferred Assets | 208,808.00 | 142,819.00 | 78,680.00 | 59,162.00 | 104,099.00 |
| Other Non-Current Assets | 1,215,565.00 | 1,011,602.00 | 703,972.00 | 1,224,946.00 | 1,290,398.00 |
| Liabilities | 4,146,784.00 | 3,677,663.00 | 2,415,173.00 | 1,454,195.00 | 1,588,003.00 |
| Current Liabilities | 2,077,442.00 | 1,306,158.00 | 1,038,048.00 | 726,878.00 | 847,398.00 |
| Payables and Expenses | 1,068,134.00 | 754,141.00 | 753,588.00 | 486,367.00 | 508,387.00 |
| Account Payables | 482,190.00 | 207,178.00 | 341,409.00 | 193,374.00 | 183,349.00 |
| Current Accrued Liabilities | 585,944.00 | 546,963.00 | 412,179.00 | 292,993.00 | 325,038.00 |
| Short-Term Debt | 236,424.00 | 96,238.00 | 0 | 3,896.00 | 41,540.00 |
| Other Current Liabilities | 772,884.00 | 455,779.00 | 284,460.00 | 236,615.00 | 297,471.00 |
| Non-Current Liabilities | 2,069,342.00 | 2,371,505.00 | 1,377,125.00 | 727,317.00 | 740,605.00 |
| Long-Term Debt | 373,354.00 | 464,068.00 | 184,349.00 | 236,005.00 | 237,691.00 |
| Other Non-Current Liabilities | 1,695,988.00 | 1,907,437.00 | 1,192,776.00 | 491,312.00 | 502,914.00 |
| Equity | 7,977,577.00 | 6,687,469.00 | 5,836,055.00 | 5,959,551.00 | 5,520,928.00 |
| Shareholders Equity | 7,977,577.00 | 6,687,469.00 | 5,836,055.00 | 5,959,551.00 | 5,520,928.00 |
| Capital Stock | 107.00 | 107.00 | 107.00 | 106.00 | 106.00 |
| Share Premium | 2,898,418.00 | 2,890,427.00 | 2,887,476.00 | 2,871,352.00 | 2,866,786.00 |
| Retained Earnings | 5,263,110.00 | 3,971,066.00 | 3,140,289.00 | 3,184,455.00 | 2,715,762.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -184,058.00 | -174,131.00 | -191,817.00 | -96,362.00 | -61,726.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Investments | 171,583.00 | 155,495.00 | 1,096,712.00 | 375,389.00 | 520,066.00 |
| Debt | 609,778.00 | 560,306.00 | 184,349.00 | 239,901.00 | 279,231.00 |
| Common Shares Outstanding | 107,060.28 | 106,847.48 | 106,609.09 | 106,332.32 | 105,980.47 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 4,206,289.00 | 3,318,602.00 | 2,619,319.00 | 2,923,377.00 | 2,711,332.00 |
| Cost Of Revenue | 2,348,425.00 | 2,017,923.00 | 2,549,461.00 | 2,193,423.00 | 2,030,659.00 |
| Gross Profit | 1,857,864.00 | 1,300,679.00 | 69,858.00 | 729,954.00 | 680,673.00 |
| Operating Expenses | 463,444.00 | 443,413.00 | 97,094.00 | 143,203.00 | 363,184.00 |
| Selling, General and Administrative Expenses | 188,692.00 | 268,812.00 | 164,724.00 | 170,320.00 | 234,918.00 |
| Research and Development Expenses | 191,375.00 | 152,307.00 | 112,804.00 | 99,115.00 | 93,738.00 |
| Other Operating Expenses | 83,377.00 | 22,294.00 | -180,434.00 | -126,232.00 | 34,528.00 |
| Operating Income | 1,394,420.00 | 857,266.00 | -27,236.00 | 586,751.00 | 317,489.00 |
| Net Non-Operating Income | 11,918.00 | 34,024.00 | 41,361.00 | -12,558.00 | -28,428.00 |
| Interest Income | 0 | 0 | 45,509.00 | 19,286.00 | 40,595.00 |
| Interest Expense | 38,870.00 | 12,965.00 | 12,225.00 | 13,107.00 | 24,036.00 |
| Net Interest | 0 | 0 | 33,284.00 | 6,179.00 | 16,559.00 |
| EBT | 1,406,338.00 | 891,290.00 | 14,125.00 | 574,193.00 | 289,061.00 |
| Income Tax | 114,294.00 | 60,513.00 | 52,764.00 | 103,469.00 | 107,294.00 |
| Equity Method Investments Income | 0 | 0 | 0 | 0 | 2,129.00 |
| Net Income | 1,292,044.00 | 830,777.00 | -44,166.00 | 468,693.00 | 398,355.00 |
| EBIT | 1,445,208.00 | 904,255.00 | 26,350.00 | 587,300.00 | 313,097.00 |
| Deprecation and Amortization | 423,498.00 | 307,994.00 | 269,724.00 | 259,900.00 | 232,925.00 |
| EBITDA | 1,868,706.00 | 1,212,249.00 | 296,074.00 | 847,200.00 | 546,022.00 |
| EPS | 0.01 | 0.01 | -0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.01 | 0.01 | -0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 107,015.00 | 106,795.00 | 106,551.00 | 106,263.00 | 105,867.00 |
| Average Shares Outstanding Diluted | 107,525.00 | 107,372.00 | 106,551.00 | 106,924.00 | 106,686.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 1,217,999.00 | 602,260.00 | 873,369.00 | 237,559.00 | 37,120.00 |
| Operating Net Income | 1,292,044.00 | 830,777.00 | -44,166.00 | 468,693.00 | 398,355.00 |
| Deprecation and Amortization | 423,498.00 | 307,994.00 | 269,724.00 | 259,900.00 | 232,925.00 |
| Deferred Income Tax | -54,754.00 | -60,813.00 | -12,799.00 | 49,847.00 | 36,013.00 |
| Share Based Compensation | 28,104.00 | 34,219.00 | 28,656.00 | 20,902.00 | 29,267.00 |
| Change in Working Capital | -753,420.00 | 124,455.00 | 1,012,974.00 | -370,598.00 | -514,742.00 |
| Other Operating Activities | 282,527.00 | -634,372.00 | -381,020.00 | -191,185.00 | -144,698.00 |
| Investing Cash Flow | -1,563,307.00 | -472,791.00 | -1,192,574.00 | -99,040.00 | -131,227.00 |
| Capital Expenditure | -1,526,076.00 | -1,386,775.00 | -903,605.00 | -540,291.00 | -416,635.00 |
| Net Purchase/Sale of PPE | -1,526,076.00 | -1,386,775.00 | -903,605.00 | -540,291.00 | -416,635.00 |
| Net Purchase/Sale of Investments Net | -37,231.00 | 942,043.00 | -731,271.00 | 140,752.00 | 285,408.00 |
| Net Purchase/Sale of Business | 0 | -28,059.00 | 442,302.00 | 300,499.00 | 0 |
| Other Investing Activities | 1,526,076.00 | 1,386,775.00 | 903,605.00 | 540,291.00 | 416,635.00 |
| Financing Cash Flow | 24,849.00 | 336,853.00 | 309,392.00 | 40,550.00 | -82,587.00 |
| Net Issuance/Repayment of Debt | 52,640.00 | 367,983.00 | 321,484.00 | 56,539.00 | -68,665.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -27,791.00 | -31,130.00 | -12,092.00 | -15,989.00 | -13,922.00 |
| Net Change in Cash | -326,846.00 | 471,607.00 | 37,625.00 | 182,243.00 | -172,916.00 |
| Cash at Beginning of Period | 1,965,069.00 | 1,493,462.00 | 1,455,837.00 | 1,273,594.00 | 1,446,510.00 |
| Cash at End of Period | 1,638,223.00 | 1,965,069.00 | 1,493,462.00 | 1,455,837.00 | 1,273,594.00 |
| Free Cash Flow | -308,077.00 | -784,515.00 | -30,236.00 | -302,732.00 | -379,515.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-03-31 | 2023-12-31 | 2023-03-31 | 2022-12-31 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 13,459,309.00 | 12,858,044.00 | 12,116,665.00 | 12,124,361.00 | 11,436,638.00 | 10,760,582.00 | 10,365,132.00 | 8,564,596.00 | 8,251,228.00 | 7,399,225.00 | 7,413,746.00 | 7,108,910.00 | 7,108,931.00 |
| Current Assets | 5,901,768.00 | 5,423,591.00 | 4,574,103.00 | 5,089,033.00 | 3,818,103.00 | 4,241,393.00 | 4,634,809.00 | 3,619,864.00 | 3,791,421.00 | 2,994,993.00 | 3,191,243.00 | 3,136,890.00 | 3,014,535.00 |
| Cash and Short-Term Investments | 2,039,920.00 | 1,153,838.00 | 890,760.00 | 1,792,959.00 | 1,269,821.00 | 1,990,097.00 | 2,102,489.00 | 2,271,241.00 | 2,577,981.00 | 1,549,454.00 | 1,826,043.00 | 1,535,614.00 | 1,747,068.00 |
| Cash and Cash Equivalents | 1,992,173.00 | 1,124,740.00 | 837,641.00 | 1,621,376.00 | 1,005,130.00 | 1,682,081.00 | 1,946,994.00 | 906,634.00 | 1,481,269.00 | 1,326,363.00 | 1,450,654.00 | 972,879.00 | 1,227,002.00 |
| Short-Term Investments | 47,747.00 | 29,098.00 | 53,119.00 | 171,583.00 | 264,691.00 | 308,016.00 | 155,495.00 | 1,364,607.00 | 1,096,712.00 | 223,091.00 | 375,389.00 | 562,735.00 | 520,066.00 |
| Net Receivables | 2,252,705.00 | 2,325,848.00 | 1,605,603.00 | 1,261,049.00 | 904,060.00 | 669,745.00 | 660,776.00 | 298,620.00 | 324,337.00 | 293,357.00 | 429,436.00 | 790,096.00 | 266,086.00 |
| Inventory | 1,427,185.00 | 1,724,919.00 | 1,286,120.00 | 1,084,384.00 | 1,502,891.00 | 970,871.00 | 819,899.00 | 751,407.00 | 621,376.00 | 840,750.00 | 666,299.00 | 550,270.00 | 567,617.00 |
| Other Current Assets | 181,958.00 | 218,986.00 | 791,620.00 | 950,641.00 | 141,331.00 | 610,680.00 | 1,051,645.00 | 298,596.00 | 267,727.00 | 311,432.00 | 269,465.00 | 260,910.00 | 433,764.00 |
| Non-Current Assets | 7,557,541.00 | 7,434,453.00 | 7,542,562.00 | 7,035,328.00 | 7,618,535.00 | 6,519,189.00 | 5,730,323.00 | 4,944,732.00 | 4,459,807.00 | 4,404,232.00 | 4,222,503.00 | 3,972,020.00 | 4,094,396.00 |
| Property, Plant, Equipment Net | 5,944,495.00 | 5,860,730.00 | 5,748,263.00 | 5,527,966.00 | 5,473,790.00 | 4,997,867.00 | 4,481,704.00 | 3,949,886.00 | 3,630,087.00 | 2,982,882.00 | 2,857,131.00 | 2,618,675.00 | 2,628,949.00 |
| Goodwill | 30,682.00 | 30,555.00 | 29,707.00 | 28,335.00 | 29,585.00 | 28,735.00 | 29,687.00 | 14,462.00 | 14,462.00 | 14,462.00 | 14,462.00 | 14,462.00 | 14,462.00 |
| Intangible Assets | 51,262.00 | 51,950.00 | 52,637.00 | 54,654.00 | 56,645.00 | 61,889.00 | 64,511.00 | 28,477.00 | 31,106.00 | 42,769.00 | 45,509.00 | 53,404.00 | 56,138.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,500.00 | 9,376.00 | 21,293.00 | 0 | 350.00 |
| Non-Current Deferred Assets | 183,646.00 | 204,671.00 | 204,436.00 | 208,808.00 | 237,868.00 | 169,767.00 | 142,819.00 | 136,411.00 | 78,680.00 | 61,794.00 | 59,162.00 | 106,803.00 | 104,099.00 |
| Other Non-Current Assets | 1,347,456.00 | 1,286,547.00 | 1,507,519.00 | 1,215,565.00 | 1,820,647.00 | 1,260,931.00 | 1,011,602.00 | 815,496.00 | 703,972.00 | 1,292,949.00 | 1,224,946.00 | 1,178,676.00 | 1,290,398.00 |
| Liabilities | 4,443,997.00 | 4,311,914.00 | 3,929,331.00 | 4,146,784.00 | 3,842,990.00 | 3,858,068.00 | 3,677,663.00 | 2,695,868.00 | 2,415,173.00 | 1,524,050.00 | 1,454,195.00 | 1,414,130.00 | 1,588,003.00 |
| Current Liabilities | 3,089,854.00 | 2,852,617.00 | 2,371,712.00 | 2,077,442.00 | 1,782,165.00 | 1,758,717.00 | 1,306,158.00 | 1,174,173.00 | 1,038,048.00 | 734,990.00 | 726,878.00 | 669,341.00 | 847,398.00 |
| Payables and Expenses | 922,603.00 | 1,016,351.00 | 1,064,562.00 | 1,068,134.00 | 876,783.00 | 819,357.00 | 754,141.00 | 754,848.00 | 753,588.00 | 485,967.00 | 486,367.00 | 418,921.00 | 508,387.00 |
| Account Payables | 284,542.00 | 367,652.00 | 427,799.00 | 482,190.00 | 265,320.00 | 239,237.00 | 207,178.00 | 285,760.00 | 341,409.00 | 146,233.00 | 193,374.00 | 186,087.00 | 183,349.00 |
| Current Accrued Liabilities | 515,338.00 | 529,798.00 | 636,763.00 | 585,944.00 | 484,295.00 | 580,120.00 | 546,963.00 | 469,088.00 | 412,179.00 | 339,734.00 | 292,993.00 | 232,834.00 | 325,038.00 |
| Short-Term Debt | 484,829.00 | 660,821.00 | 197,201.00 | 236,424.00 | 221,574.00 | 200,907.00 | 96,238.00 | 9,363.00 | 0 | 4,701.00 | 3,896.00 | 2,453.00 | 41,540.00 |
| Other Current Liabilities | 1,682,422.00 | 1,175,445.00 | 1,109,949.00 | 772,884.00 | 683,808.00 | 738,453.00 | 455,779.00 | 409,962.00 | 284,460.00 | 244,322.00 | 236,615.00 | 247,967.00 | 297,471.00 |
| Non-Current Liabilities | 1,354,143.00 | 1,459,297.00 | 1,557,619.00 | 2,069,342.00 | 2,060,825.00 | 2,099,351.00 | 2,371,505.00 | 1,521,695.00 | 1,377,125.00 | 789,060.00 | 727,317.00 | 744,789.00 | 740,605.00 |
| Long-Term Debt | 407,086.00 | 406,249.00 | 327,942.00 | 373,354.00 | 472,569.00 | 418,695.00 | 464,068.00 | 320,378.00 | 184,349.00 | 247,354.00 | 236,005.00 | 254,447.00 | 237,691.00 |
| Other Non-Current Liabilities | 947,057.00 | 1,053,048.00 | 1,229,677.00 | 1,695,988.00 | 1,588,256.00 | 1,680,656.00 | 1,907,437.00 | 1,201,317.00 | 1,192,776.00 | 541,706.00 | 491,312.00 | 490,342.00 | 502,914.00 |
| Equity | 9,015,312.00 | 8,546,130.00 | 8,187,334.00 | 7,977,577.00 | 7,593,648.00 | 6,902,514.00 | 6,687,469.00 | 5,868,728.00 | 5,836,055.00 | 5,875,175.00 | 5,959,551.00 | 5,694,780.00 | 5,520,928.00 |
| Shareholders Equity | 9,015,312.00 | 8,546,130.00 | 8,187,334.00 | 7,977,577.00 | 7,593,648.00 | 6,902,514.00 | 6,687,469.00 | 5,868,728.00 | 5,836,055.00 | 5,875,175.00 | 5,959,551.00 | 5,694,780.00 | 5,520,928.00 |
| Capital Stock | 107.00 | 107.00 | 107.00 | 107.00 | 107.00 | 107.00 | 107.00 | 107.00 | 107.00 | 107.00 | 106.00 | 106.00 | 106.00 |
| Share Premium | 2,899,631.00 | 2,892,426.00 | 2,885,650.00 | 2,898,418.00 | 2,892,407.00 | 2,878,330.00 | 2,890,427.00 | 2,865,753.00 | 2,887,476.00 | 2,863,318.00 | 2,871,352.00 | 2,853,891.00 | 2,866,786.00 |
| Retained Earnings | 6,270,456.00 | 5,814,513.00 | 5,472,645.00 | 5,263,110.00 | 4,869,994.00 | 4,207,682.00 | 3,971,066.00 | 3,182,850.00 | 3,140,289.00 | 3,141,200.00 | 3,184,455.00 | 2,925,433.00 | 2,715,762.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -154,882.00 | -160,916.00 | -171,068.00 | -184,058.00 | -168,860.00 | -183,605.00 | -174,131.00 | -179,982.00 | -191,817.00 | -129,450.00 | -96,362.00 | -84,650.00 | -61,726.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 53,119.00 | 171,583.00 | 0 | 308,016.00 | 155,495.00 | 1,364,607.00 | 1,096,712.00 | 223,091.00 | 375,389.00 | 562,735.00 | 520,066.00 |
| Debt | 891,915.00 | 1,067,070.00 | 525,143.00 | 609,778.00 | 694,143.00 | 619,602.00 | 560,306.00 | 320,378.00 | 184,349.00 | 252,055.00 | 239,901.00 | 256,900.00 | 279,231.00 |
| Common Shares Outstanding | 107,307.99 | 107,247.36 | 107,244.21 | 107,060.28 | 107,057.73 | 107,041.25 | 106,847.48 | 106,825.07 | 106,609.09 | 106,583.30 | 106,332.32 | 106,310.93 | 105,980.47 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,594,856.00 | 1,097,170.00 | 844,568.00 | 887,668.00 | 794,108.00 | 548,286.00 | 367,040.00 | 803,374.00 |
| Cost Of Revenue | 984,111.00 | 597,320.00 | 500,165.00 | 442,357.00 | 448,105.00 | 436,235.00 | 355,577.00 | 618,607.00 |
| Interest Income | 23,308.00 | 12,100.00 | 0 | 22,580.00 | 0 | 26,570.00 | 5,190.00 | 3,952.00 |
| Interest Expense | 14,121.00 | 9,184.00 | 9,525.00 | 9,008.00 | 9,210.00 | 748.00 | 2,865.00 | 2,996.00 |
| Net Interest | 0 | 0 | 0 | 0 | 0 | 25,822.00 | 2,325.00 | 956.00 |
| Non-Interest Expense | 47,324.00 | 52,590.00 | 0 | 46,293.00 | 0 | 0 | 0 | 0 |
| Gross Profit | 610,745.00 | 499,850.00 | 344,403.00 | 445,311.00 | 346,003.00 | 112,051.00 | 11,463.00 | 184,767.00 |
| Operating Expenses | 144,650.00 | 138,243.00 | 123,159.00 | 123,312.00 | 102,862.00 | 94,049.00 | 69,267.00 | -67,581.00 |
| Selling, General and Administrative Expenses | 47,324.00 | 52,590.00 | 53,164.00 | 46,293.00 | 45,827.00 | 44,028.00 | 36,728.00 | 52,087.00 |
| Research and Development Expenses | 60,592.00 | 54,487.00 | 52,389.00 | 50,197.00 | 42,742.00 | 30,510.00 | 27,108.00 | 19,873.00 |
| Other Operating Expenses | 36,734.00 | 31,166.00 | 17,606.00 | 26,822.00 | 14,293.00 | 19,511.00 | 5,431.00 | -139,541.00 |
| Operating Income | 466,095.00 | 361,607.00 | 221,244.00 | 321,999.00 | 243,141.00 | 18,002.00 | -57,804.00 | 252,348.00 |
| Net Non-Operating Income | -6,034.00 | -2,628.00 | -4,185.00 | -3,071.00 | 12,378.00 | 17,671.00 | -4,950.00 | 2,677.00 |
| EBT | 460,345.00 | 352,167.00 | 217,059.00 | 327,342.00 | 255,519.00 | 35,673.00 | -62,754.00 | 255,025.00 |
| Income Tax | 4,402.00 | 10,299.00 | 7,524.00 | 14,386.00 | 18,903.00 | 6,888.00 | 19,499.00 | 46,490.00 |
| Net Income Including Non-Controlling Interests | 455,943.00 | 341,868.00 | 0 | 312,956.00 | 0 | 0 | 0 | 0 |
| Net Income | 455,943.00 | 341,868.00 | 209,535.00 | 312,956.00 | 236,616.00 | 42,561.00 | -43,255.00 | 209,671.00 |
| EBIT | 474,466.00 | 361,351.00 | 226,584.00 | 336,350.00 | 264,729.00 | 36,421.00 | -59,889.00 | 258,021.00 |
| Deprecation and Amortization | 138,062.00 | 124,647.00 | 125,876.00 | 111,158.00 | 90,584.00 | 68,855.00 | 65,207.00 | 63,205.00 |
| EBITDA | 612,528.00 | 485,998.00 | 352,460.00 | 447,508.00 | 355,313.00 | 105,276.00 | 5,318.00 | 321,226.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 |
| Average Shares Outstanding Basic | 107,264.00 | 107,245.00 | 107,122.00 | 107,049.00 | 106,910.00 | 106,675.00 | 106,412.00 | 106,088.00 |
| Average Shares Outstanding Diluted | 107,538.00 | 107,518.00 | 107,415.00 | 107,562.00 | 107,407.00 | 107,154.00 | 106,412.00 | 106,890.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 1,273,617.00 | 149,577.00 | -607,982.00 | -53,734.00 | 267,723.00 | -34,598.00 | -138,839.00 | -279,478.00 |
| Operating Net Income | 455,943.00 | 341,868.00 | 209,535.00 | 312,956.00 | 236,616.00 | 42,561.00 | -43,255.00 | 209,671.00 |
| Deprecation and Amortization | 138,062.00 | 124,647.00 | 125,876.00 | 111,158.00 | 90,584.00 | 68,855.00 | 65,207.00 | 63,205.00 |
| Deferred Income Tax | 20,616.00 | 1,121.00 | 4,740.00 | -26,944.00 | -29,033.00 | -55,282.00 | 1,083.00 | -11,538.00 |
| Share Based Compensation | 7,319.00 | 6,810.00 | 2,584.00 | 6,796.00 | 6,791.00 | 6,600.00 | 3,503.00 | 3,115.00 |
| Change in Working Capital | 630,630.00 | -323,395.00 | -860,244.00 | -459,288.00 | -317,195.00 | -32,636.00 | -66,940.00 | -445,482.00 |
| Other Operating Activities | 21,047.00 | -1,474.00 | -90,473.00 | 1,588.00 | 279,960.00 | -64,696.00 | -98,437.00 | -98,449.00 |
| Investing Cash Flow | -227,731.00 | -261,994.00 | -88,209.00 | -665,947.00 | -568,628.00 | -645,227.00 | -2,944.00 | 271,838.00 |
| Capital Expenditure | 0 | 0 | -205,966.00 | 0 | -413,456.00 | -370,961.00 | -154,761.00 | -90,155.00 |
| Net Purchase/Sale of PPE | -204,048.00 | -288,134.00 | -205,966.00 | -433,919.00 | -413,456.00 | -370,961.00 | -154,761.00 | -90,155.00 |
| Net Purchase/Sale of Investments Net | -19,633.00 | 23,790.00 | 117,757.00 | -227,108.00 | -155,172.00 | -274,266.00 | 149,957.00 | 216,024.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 1,860.00 | 145,969.00 |
| Other Investing Activities | 0 | 0 | 205,966.00 | -4,920.00 | 413,456.00 | 370,961.00 | 154,761.00 | 90,155.00 |
| Financing Cash Flow | -222,557.00 | 446,618.00 | -99,619.00 | 21,776.00 | 40,697.00 | 107,686.00 | 5,764.00 | -31,451.00 |
| Net Issuance/Repayment of Debt | -222,253.00 | 446,770.00 | -84,069.00 | 22,813.00 | 59,649.00 | 136,000.00 | 17,269.00 | -15,762.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -304.00 | -152.00 | -15,550.00 | -1,037.00 | -18,952.00 | -28,314.00 | -11,505.00 | -15,689.00 |
| Net Change in Cash | 823,329.00 | 334,201.00 | -794,203.00 | -697,905.00 | -262,146.00 | -570,644.00 | -120,857.00 | -39,743.00 |
| Cash at Beginning of Period | 1,180,083.00 | 844,020.00 | 1,638,223.00 | 1,716,577.00 | 1,965,069.00 | 1,493,462.00 | 1,455,837.00 | 1,273,594.00 |
| Cash at End of Period | 2,001,964.00 | 1,180,083.00 | 844,020.00 | 1,021,467.00 | 1,702,923.00 | 922,818.00 | 1,334,980.00 | 1,233,851.00 |
| Free Cash Flow | 1,069,569.00 | -138,557.00 | -813,948.00 | -487,653.00 | -145,733.00 | -405,559.00 | -293,600.00 | -369,633.00 |