Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 0.01 0.00 0.00 0.01
Price to Sales 0.00 0.00 0.00 0.00
Book Value Per Common Share 3806.13 2970.22 1281.96 401.03
Price to Book 0.02 0.01 0.01 0.02
Price to Operating Cash Flow 0.00 0.00 0.00 0.00
Price to Free Cash Flow 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Price to Earnings 0.05 0.05 0.02 0.03
Price to Sales 0.00 0.00 0.01 0.00
Book Value Per Common Share 4312.68 4202.43 3806.13 3001.72
Price to Book 0.01 0.01 0.02 0.01
Price to Operating Cash Flow -0.01 -0.01
Price to Free Cash Flow -0.01 -0.01
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY 158.23 106.21 74.64
Revenue YoY 3.15 55.74 165.58
EBITDA YoY
Net Profit YoY 121.28 122.91 74.63
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY 5.63 -71.78 140.91
Revenue YoY 14.04 -5.24 5.38
EBITDA YoY
Net Profit YoY 6.19 -75.68 202.03

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share
Quick Ratio
Current Ratio
Debt to Equity 4.36 4.06 4.53 4.51
Long-Term Debt to Equity
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share
Quick Ratio
Current Ratio
Debt to Equity 4.44 4.16 4.36 4.18
Long-Term Debt to Equity

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 5.00 3.30 3.14 5.77
ROE 26.79 16.71 17.37 31.80
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin 21.59 10.06 7.03 10.69
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA 0.46 0.47 2.06 0.96
ROE 2.49 2.41 11.02 4.99
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin 8.27 8.89 34.62 12.08

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield 0.06 0.15 0.10 0.01
Dividend Payout Ratio 37.85 53.17 43.78 6.19
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Dividend Yield 0.00
Dividend Payout Ratio 6.84

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 32,517,979,372.00 22,246,858,046.00 10,488,176,207.00 3,268,713,477.00
      Cash and Short-Term Investments 0 0 0 0
            Cash and Cash Equivalents 6,744,840,168.00 4,346,311,187.00 1,393,686,854.00 462,491,302.00
            Short-Term Investments 0 0 0 0
      Net Receivables 5,936,796,990.00 2,225,909,768.00 1,310,596,612.00 477,358,589.00
      Inventory 0 0 0 0
      Other Current Assets 0 0 0 0
      Property, Plant, Equipment Net 995,520,817.00 773,625,233.00 360,675,413.00 121,153,619.00
      Goodwill 0 0 0 0
      Intangible Assets 304,486,250.00 269,188,109.00 119,932,486.00 41,357,399.00
      Long-Term Investments 6,377,134,015.00 5,643,800,030.00 3,652,408,184.00 655,332,343.00
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0 0 0 0
Liabilities 26,454,235,292.00 17,854,034,339.00 8,592,294,336.00 2,675,628,185.00
      Payables and Expenses 1,260,739,467.00 1,634,420,216.00 575,004,113.00 159,300,422.00
            Account Payables 235,518,030.00 314,566,801.00 139,861,188.00 0
            Current Accrued Liabilities 215,579,703.00 170,967,900.00 56,275,851.00 17,363,085.00
      Short-Term Debt 0 0 0 0
      Other Current Liabilities 0 0 0 0
      Long-Term Debt 1,770,764,755.00 1,014,179,693.00 491,261,541.00 160,309,511.00
      Other Non-Current Liabilities 0 0 0 0
Equity 6,063,744,080.00 4,392,823,707.00 1,895,881,871.00 593,085,292.00
   Shareholders Equity 6,063,585,599.00 4,392,630,487.00 1,895,881,812.00 593,085,282.00
      Capital Stock 1,588,514.00 1,474,692.00 1,474,692.00 1,474,692.00
      Share Premium 697,387,566.00 17,281,187.00 17,281,187.00 17,281,187.00
      Retained Earnings 421,958,186.00 -470,569,704.00 -393,013,302.00 -112,874,702.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 3,360,243,907.00 3,262,036,886.00 1,553,619,292.00 469,846,376.00
   Minority Interest 158,481.00 193,220.00 59.00 10.00
Debt 1,770,764,755.00 1,014,179,693.00 491,261,541.00 160,309,511.00
Common Shares Outstanding 1,593,110.47 1,478,888.64 1,478,888.64 1,478,888.64
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 7,526,480,570.00 7,296,291,560.00 4,684,809,721.00 1,763,968,987.00
Interest Income 8,244,240,311.00 10,353,121,006.00 4,861,512,645.00 1,760,172,773.00
Interest Expense 3,100,093,449.00 6,598,263,304.00 3,835,001,672.00 1,100,511,275.00
Non-Interest Expense 2,598,729,183.00 2,214,672,513.00 1,838,868,623.00 771,689,531.00
   Selling, General and Administrative Expenses 1,425,828,766.00 1,131,927,282.00 1,020,298,968.00 444,061,902.00
Net Non-Operating Income -2,384,891,465.00 -3,306,755,066.00 -1,853,855,679.00 -482,259,367.00
EBT 2,211,223,176.00 1,182,478,507.00 444,453,275.00 288,143,700.00
Income Tax 586,613,614.00 448,245,698.00 115,069,558.00 99,524,754.00
Net Income Including Non-Controlling Interests 1,624,609,562.00 734,232,809.00 329,383,717.00 188,618,946.00
Net Income Non-Controlling Interests 135,243.00 5,478.00 -61.00 0
Net Income 1,624,744,805.00 734,238,287.00 329,383,656.00 188,618,946.00
Deprecation and Amortization 188,067,489.00 183,528,111.00 189,044,003.00 87,941,850.00
EPS 11.87 4.60 2.23 1.28
Diluted EPS 11.87 4.60 2.23 1.28
Average Shares Outstanding Basic 148,632.04 147,888.86 147,790.51 147,790.51
Average Shares Outstanding Diluted 148,632.04 147,888.86 147,790.51 147,790.51
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 3,502,782,127.00 3,630,774,908.00 3,907,303,787.00 1,715,528,175.00
   Operating Net Income 2,211,223,176.00 1,182,478,507.00 444,453,275.00 288,143,700.00
   Deprecation and Amortization 188,067,489.00 183,528,111.00 189,044,003.00 87,941,850.00
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 0 0 0 0
   Change in Working Capital -2,454,473,217.00 -2,705,860,538.00 50,360,762.00 75,123,208.00
   Other Operating Activities 3,557,964,679.00 4,970,628,828.00 3,223,445,747.00 1,264,319,417.00
Investing Cash Flow 865,179,039.00 -178,257,946.00 -126,808,927.00 -51,061,723.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -207,969,282.00 -150,699,070.00 -121,537,144.00 -56,371,691.00
   Net Purchase/Sale of Investments Net 0 0 0 0
   Net Purchase/Sale of Business 1,068,632,062.00 -29,769,344.00 -5,271,783.00 -994,502.00
   Other Investing Activities 0 0 0 0
Financing Cash Flow 413,524,767.00 -500,342,687.00 182,833,484.00 51,127,754.00
   Net Issuance/Repayment of Debt 1,029,447,519.00 -109,944,899.00 327,023,346.00 62,810,299.00
   Net Issuance/Repurchase of Equity 0 0 0 0
   Dividends Paid -614,943,495.00 -390,397,788.00 -144,189,862.00 -11,682,545.00
   Other Financing Activities -979,257.00 0.00 0.00 0.00
Net Change in Cash 4,781,485,933.00 2,952,174,275.00 3,963,328,344.00 1,715,594,206.00
   Cash at Beginning of Period 7,115,077,075.00 8,997,035,835.00 8,480,010,368.00 3,468,524,927.00
   Cash at End of Period 7,406,415,563.00 7,115,077,075.00 8,997,035,835.00 3,894,135,337.00
Free Cash Flow 3,288,078,633.00 3,469,589,439.00 3,781,644,362.00 1,655,212,226.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 41,995,959,000.00 37,696,052,000.00 34,813,628,193.00 32,517,979,372.00 22,975,396,896.00
      Cash and Short-Term Investments 0 0 0 0 0
            Cash and Cash Equivalents 8,694,159,000.00 6,074,500,000.00 6,161,588,760.00 6,744,840,168.00 6,747,884,353.00
            Short-Term Investments 0 0 2,846,015,659.00 0 0
      Net Receivables 0 0 7,233,255,336.00 5,936,796,990.00 1,190,517,124.00
      Inventory 0 0 0 0 0
      Other Current Assets 0 0 0 0 0
      Property, Plant, Equipment Net 1,170,111,000.00 1,129,992,000.00 1,099,591,051.00 995,520,817.00 736,738,306.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 322,034,800.00 304,486,250.00 245,048,058.00
      Long-Term Investments 8,793,226,000.00 10,592,098,000.00 6,587,394,380.00 6,377,134,015.00 4,530,314,979.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 0 0 0 0 0
Liabilities 34,903,389,000.00 30,768,573,000.00 28,063,242,820.00 26,454,235,292.00 18,536,119,437.00
      Payables and Expenses 0 0 1,509,859,772.00 1,260,739,467.00 296,685,786.00
            Account Payables 0 0 221,911,531.00 235,518,030.00 191,297,399.00
            Current Accrued Liabilities 0 0 0 215,579,703.00 0
      Short-Term Debt 0 0 0 0 0
      Other Current Liabilities 0 0 0 0 0
      Long-Term Debt 2,724,298,000.00 2,223,230,000.00 1,906,655,835.00 1,770,764,755.00 743,797,339.00
      Other Non-Current Liabilities 0 0 0 0 0
Equity 7,092,570,000.00 6,927,479,000.00 6,750,385,373.00 6,063,744,080.00 4,439,277,459.00
   Shareholders Equity 7,092,570,000.00 6,927,260,013.00 6,750,166,386.00 6,063,585,599.00 4,439,207,227.00
      Capital Stock 0 0 1,606,254.00 1,588,514.00 1,474,692.00
      Share Premium 0 0 797,658,490.00 697,387,566.00 17,281,187.00
      Retained Earnings 0 0 620,695,460.00 421,958,186.00 -157,133,744.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 3,548,564,295.00 3,360,243,907.00 3,114,165,044.00
   Minority Interest 0 0 218,987.00 158,481.00 70,232.00
Debt 2,724,298,000.00 2,223,230,000.00 1,906,655,835.00 1,770,764,755.00 743,797,339.00
Common Shares Outstanding 0 1,606,253.73 1,606,253.73 1,593,110.47 1,478,888.64
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenues 1,972,491,000.00 2,086,391,000.00 1,829,548,632.00 1,930,706,259.00 1,832,206,000.00
Interest Income 1,245,416,000.00 1,215,236,000.00 1,767,412,833.00 1,948,065,167.00 1,004,408,000.00
Interest Expense 0 0 700,342,237.00 820,128,739.00 552,084,982.00
Non-Interest Expense 0 0 736,304,523.00 1,020,089,707.00 741,797,903.00
   Selling, General and Administrative Expenses 658,027,000.00 491,732,000.00 385,245,219.00 650,832,588.00 429,540,000.00
Net Non-Operating Income -287,712,000.00 0 -391,513,430.00 -408,383,677.00 -504,066,000.00
EBT -173,871,000.00 275,858,000.00 235,213,023.00 747,074,617.00 339,529,000.00
Income Tax -86,155,000.00 103,187,000.00 72,585,210.00 78,626,638.00 118,241,000.00
Net Income Including Non-Controlling Interests -87,716,000.00 172,671,000.00 162,627,813.00 668,447,979.00 221,288,000.00
Net Income Non-Controlling Interests 6,000.00 -34,000.00 -48,618.00 26,728.00 39,000.00
Net Income -87,710,000.00 172,637,000.00 162,579,195.00 668,474,707.00 221,327,000.00
Deprecation and Amortization 66,781,000.00 66,343,000.00 62,026,531.00 73,898,154.00 49,636,000.00
EPS -0.55 1.07 1.02 3.61 1.50
Diluted EPS -0.55 1.07 1.02 3.61 1.50
Average Shares Outstanding Basic 0 160,625.37 159,777.80 159,311.05 147,888.86
Average Shares Outstanding Diluted 0 160,625.37 159,777.80 159,311.05 147,888.86
Breakdown 2025-03-31 2024-12-31 2024-03-31
Operating Cash Flow -1,073,544,803.00 -1,337,799,593.00 1,709,830,893.00
   Operating Net Income 235,213,023.00 747,074,617.00 586,173,812.00
   Deprecation and Amortization 62,026,531.00 73,898,154.00 45,722,955.00
   Deferred Income Tax 0 0 0
   Share Based Compensation 0 0 0
   Change in Working Capital -1,318,510,519.00 -6,403,200,592.00 1,133,244,642.00
   Other Operating Activities -52,273,838.00 4,244,428,228.00 -55,310,516.00
Investing Cash Flow -72,230,065.00 995,029,968.00 -53,056,833.00
   Capital Expenditure 0 0 0
   Net Purchase/Sale of PPE -73,934,210.00 -73,955,847.00 -53,056,833.00
   Net Purchase/Sale of Investments Net 0 0 0
   Net Purchase/Sale of Business 0 1,068,632,062.00 0
   Other Investing Activities 0 353,753.00 0
Financing Cash Flow 163,965,098.00 859,852,259.00 52,062,361.00
   Net Issuance/Repayment of Debt 59,936,333.00 906,529,863.00 52,062,361.00
   Net Issuance/Repurchase of Equity 104,028,765.00 0 0
   Dividends Paid 0 -45,698,347.00 0
   Other Financing Activities 0 0 0
Net Change in Cash -981,809,770.00 517,082,634.00 1,708,836,421.00
   Cash at Beginning of Period 8,041,079,777.00 7,622,467,334.00 7,724,776,164.00
   Cash at End of Period 6,753,314,347.00 7,406,415,563.00 6,605,392,896.00
Free Cash Flow -1,174,186,188.00 -1,417,813,090.00 1,655,225,089.00