Valuation Ratios

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Price to Earnings 0.05 0.05 0.06 0.07
Price to Sales 0.00 0.00 0.00 0.00
Book Value Per Common Share 2835.96 2629.37 2239.98 2040.77
Price to Book 0.01 0.01 0.01 0.01
Price to Operating Cash Flow 0.14 0.08 0.02 0.03
Price to Free Cash Flow -0.08 0.44 0.03 0.04
Enterprise Value to EBITDA 557.29 719.70 807.32 853.55
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Price to Earnings 0.21 0.13
Price to Sales 0.02 0.01 0.02 0.02 0.03
Book Value Per Common Share 3071.96 2887.57 2835.96 2816.80 2646.29
Price to Book 0.01 0.01 0.01 0.01 0.01
Price to Operating Cash Flow 0.43 0.47 0.85 1.56 0.99
Price to Free Cash Flow 1.03 -0.35 -0.78 -1.21 -20.49
Enterprise Value to EBITDA 3879.99

Earnings Data

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Earning YoY -20.79 65.33 -0.30
Revenue YoY 6.17 20.83 16.18
EBITDA YoY -15.26 52.47 -3.58
Net Profit YoY -24.51 69.96 -7.87
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Earning YoY
Revenue YoY -0.90 -0.37 -3.09 2.57
EBITDA YoY 13.63 59.58 -55.17 81.17
Net Profit YoY -41.45 543.26 -90.16 210.51

Financial Strength

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Cash Per Common Share 3042.31 3172.96 2397.51 2263.23
Quick Ratio 1.00 1.08 1.06 1.08
Current Ratio 1.36 1.43 1.44 1.47
Debt to Equity 1.44 1.29 1.14 1.23
Long-Term Debt to Equity 0.75 0.65 0.57 0.67
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Cash Per Common Share 1243.99 2978.55 1089.90 1126.17 1060.85
Quick Ratio 1.02 0.95 1.00 1.03 1.06
Current Ratio 1.41 1.30 1.36 1.38 1.43
Debt to Equity 1.57 1.48 1.44 1.35 1.31
Long-Term Debt to Equity 0.88 0.78 0.75 0.69 0.67

Profitability

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
ROA 2.72 3.72 2.64 2.95
ROE 6.62 8.51 5.66 6.56
Gross Margin 21.50 21.60 19.70 20.51
Operating Margin 6.33 8.33 5.42 7.47
EBITDA Margin 9.75 12.22 9.68 11.67
Net Profit Margin 3.85 5.42 3.85 4.86
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
ROA 0.37 0.66 0.10 0.99 0.34
ROE 0.94 1.63 0.24 2.32 0.79
Gross Margin 20.37 20.05 21.23 21.33 21.32
Operating Margin 4.73 5.73 2.03 8.98 3.62
EBITDA Margin 10.41 9.08 5.67 12.25 6.94
Net Profit Margin 2.18 3.68 0.57 5.62 1.85

Dividends

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Dividend Yield 0.03 0.01 0.02 0.01
Dividend Payout Ratio 41.61 21.85 32.77 26.65
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Dividend Yield 0.01 0.01
Dividend Payout Ratio 75.23 51.32

Financial Statements

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Assets 30,775,867,000.00 29,774,150,000.00 24,670,067,000.00 23,973,153,000.00
   Current Assets 11,687,762,000.00 11,872,564,000.00 9,578,348,000.00 8,841,425,000.00
      Cash and Short-Term Investments 4,737,273,000.00 5,184,148,000.00 4,066,906,000.00 3,892,674,000.00
            Cash and Cash Equivalents 4,528,795,000.00 4,954,565,000.00 3,803,014,000.00 3,674,931,000.00
            Short-Term Investments 208,478,000.00 229,583,000.00 263,892,000.00 217,743,000.00
      Net Receivables 3,916,647,000.00 3,798,684,000.00 2,959,764,000.00 2,590,881,000.00
      Inventory 2,470,590,000.00 2,442,969,000.00 2,167,184,000.00 1,918,548,000.00
      Other Current Assets 563,252,000.00 446,763,000.00 384,494,000.00 439,322,000.00
   Non-Current Assets 19,088,105,000.00 17,901,586,000.00 15,091,719,000.00 15,131,728,000.00
      Property, Plant, Equipment Net 8,958,108,000.00 8,437,181,000.00 7,894,401,000.00 8,238,536,000.00
      Goodwill 0 0 0 0
      Intangible Assets 1,126,019,000.00 999,689,000.00 870,900,000.00 849,507,000.00
      Long-Term Investments 2,116,073,000.00 2,175,110,000.00 1,771,016,000.00 1,787,058,000.00
      Non-Current Deferred Assets 143,499,000.00 170,856,000.00 105,792,000.00 91,592,000.00
      Other Non-Current Assets 6,744,406,000.00 6,118,750,000.00 4,449,610,000.00 4,165,035,000.00
Liabilities 18,148,045,000.00 16,768,278,000.00 13,167,776,000.00 13,200,607,000.00
   Current Liabilities 8,615,157,000.00 8,323,492,000.00 6,652,124,000.00 6,004,399,000.00
      Payables and Expenses 2,500,984,000.00 2,405,565,000.00 1,932,155,000.00 1,707,950,000.00
            Account Payables 1,663,487,000.00 1,609,836,000.00 1,426,333,000.00 1,236,233,000.00
            Current Accrued Liabilities 728,935,000.00 638,319,000.00 419,570,000.00 375,601,000.00
      Short-Term Debt 4,422,236,000.00 4,026,291,000.00 3,249,762,000.00 3,068,237,000.00
      Other Current Liabilities 1,691,937,000.00 1,891,636,000.00 1,470,207,000.00 1,228,212,000.00
   Non-Current Liabilities 9,532,888,000.00 8,444,786,000.00 6,515,652,000.00 7,196,208,000.00
      Long-Term Debt 0 6,057,967,000.00 4,373,973,000.00 4,984,252,000.00
      Other Non-Current Liabilities 0 2,386,819,000.00 2,141,679,000.00 2,211,956,000.00
Equity 12,627,822,000.00 13,005,872,000.00 11,502,291,000.00 10,772,546,000.00
   Shareholders Equity 12,326,529,000.00 12,696,995,000.00 11,184,250,000.00 10,472,824,000.00
      Capital Stock 86,067,000.00 86,067,000.00 86,067,000.00 86,067,000.00
      Share Premium 205,299,000.00 205,073,000.00 185,589,000.00 185,495,000.00
      Retained Earnings 11,122,187,000.00 10,644,213,000.00 9,980,128,000.00 9,539,133,000.00
      Treasury Shares 1,272,845,000.00 550,808,000.00 484,931,000.00 328,309,000.00
      Accumulated Other Comprehensive Income 0 0 0 0
   Minority Interest 301,293,000.00 308,877,000.00 318,041,000.00 299,722,000.00
Debt 4,422,236,000.00 4,026,291,000.00 3,249,762,000.00 3,068,237,000.00
Net Debt 0 5,208,992,000.00 3,862,154,000.00 4,427,625,000.00
Common Shares Outstanding 4,346,509.57 4,828,907.38 4,993,021.77 5,131,801.07
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Revenues 21,688,767,000.00 20,428,802,000.00 16,907,725,000.00 14,552,696,000.00
Cost Of Revenue 17,024,788,000.00 16,016,659,000.00 13,576,133,000.00 11,567,923,000.00
Interest Income 191,131,000.00 173,695,000.00 73,071,000.00 25,627,000.00
Interest Expense 54,907,000.00 59,631,000.00 36,112,000.00 16,867,000.00
Non-Interest Expense 2,351,011,000.00 2,106,539,000.00 1,669,908,000.00 1,326,485,000.00
Gross Profit 4,663,979,000.00 4,412,143,000.00 3,331,592,000.00 2,984,773,000.00
Operating Expenses 3,450,493,000.00 3,030,166,000.00 2,550,823,000.00 2,113,541,000.00
   Selling, General and Administrative Expenses 2,351,011,000.00 2,106,539,000.00 1,669,908,000.00 1,326,485,000.00
   Research and Development Expenses 1,099,482,000.00 923,627,000.00 880,915,000.00 787,056,000.00
Operating Income 1,213,486,000.00 1,381,977,000.00 780,769,000.00 871,232,000.00
Net Non-Operating Income 0 0 0 -7,335,000.00
EBT 1,317,640,000.00 1,642,384,000.00 879,565,000.00 1,070,190,000.00
Income Tax 414,606,000.00 459,794,000.00 162,256,000.00 309,489,000.00
Net Income Including Non-Controlling Interests 903,034,000.00 1,182,590,000.00 717,309,000.00 760,701,000.00
Net Income Non-Controlling Interests -67,197,000.00 -75,416,000.00 -65,893,000.00 -53,634,000.00
Net Income 835,837,000.00 1,107,174,000.00 651,416,000.00 707,067,000.00
EBIT 1,372,547,000.00 1,702,015,000.00 915,677,000.00 1,087,057,000.00
Deprecation and Amortization 742,863,000.00 794,366,000.00 721,630,000.00 611,063,000.00
EBITDA 2,115,410,000.00 2,496,381,000.00 1,637,307,000.00 1,698,120,000.00
EPS 0.54 0.68 0.41 0.41
Diluted EPS 0.54 0.68 0.41 0.41
Average Shares Outstanding Basic 1,557,127.83 1,633,853.44 1,696,307.11 1,719,961.83
Average Shares Outstanding Diluted 1,557,127.83 1,633,853.44 1,696,307.11 1,719,961.83
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Cash Flow 292,152,000.00 747,278,000.00 2,129,022,000.00 1,679,622,000.00
   Operating Net Income 1,317,640,000.00 1,642,384,000.00 879,565,000.00 1,070,190,000.00
   Deprecation and Amortization 742,863,000.00 794,366,000.00 721,630,000.00 611,063,000.00
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 0 0 0 0
   Change in Working Capital -1,349,336,000.00 -1,131,836,000.00 855,842,000.00 302,622,000.00
   Other Operating Activities -419,015,000.00 -557,636,000.00 -328,015,000.00 -304,253,000.00
Investing Cash Flow -941,966,000.00 -867,267,000.00 -678,060,000.00 -376,056,000.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -498,545,000.00 -334,262,000.00 -458,842,000.00 -241,035,000.00
   Net Purchase/Sale of Investments Net 28,738,000.00 -80,709,000.00 -38,692,000.00 46,062,000.00
   Net Purchase/Sale of Business -135,527,000.00 -192,311,000.00 -23,086,000.00 0
   Other Investing Activities -336,632,000.00 -259,985,000.00 -157,440,000.00 -181,083,000.00
Financing Cash Flow 280,477,000.00 918,646,000.00 -1,468,359,000.00 -615,718,000.00
   Net Issuance/Repayment of Debt 1,413,462,000.00 1,493,986,000.00 -1,046,886,000.00 -311,323,000.00
   Net Issuance/Repurchase of Equity -722,037,000.00 -250,009,000.00 -156,622,000.00 -62,180,000.00
   Dividends Paid -347,805,000.00 -241,865,000.00 -213,475,000.00 -188,402,000.00
   Other Financing Activities -63,143,000.00 -83,466,000.00 -51,376,000.00 -53,813,000.00
Net Change in Cash -369,337,000.00 798,657,000.00 -17,397,000.00 687,848,000.00
   Cash at Beginning of Period 4,954,565,000.00 3,803,014,000.00 3,674,931,000.00 2,758,020,000.00
   Cash at End of Period 4,528,795,000.00 4,954,565,000.00 3,803,014,000.00 3,674,931,000.00
Free Cash Flow -555,283,000.00 138,613,000.00 1,496,534,000.00 1,230,396,000.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31
Assets 31,491,219,000.00 29,874,550,000.00 30,775,867,000.00 31,374,150,000.00 29,273,879,000.00 0 0
   Current Assets 11,974,465,000.00 10,825,553,000.00 11,687,762,000.00 12,204,559,000.00 11,518,144,000.00 0 0
      Cash and Short-Term Investments 4,842,312,000.00 4,172,303,000.00 4,737,273,000.00 5,224,539,000.00 4,967,506,000.00 0 0
            Cash and Cash Equivalents 4,635,273,000.00 4,013,757,000.00 4,528,795,000.00 4,961,025,000.00 4,622,289,000.00 0 0
            Short-Term Investments 207,039,000.00 158,546,000.00 208,478,000.00 263,514,000.00 345,217,000.00 0 0
      Net Receivables 3,817,141,000.00 3,725,013,000.00 3,916,647,000.00 3,872,203,000.00 3,530,536,000.00 0 0
      Inventory 2,437,473,000.00 2,363,292,000.00 2,470,590,000.00 2,507,597,000.00 2,466,403,000.00 0 0
      Other Current Assets 877,539,000.00 564,945,000.00 563,252,000.00 600,220,000.00 553,699,000.00 0 0
   Non-Current Assets 19,516,754,000.00 19,048,997,000.00 19,088,105,000.00 19,169,591,000.00 17,755,735,000.00 0 0
      Property, Plant, Equipment Net 9,121,455,000.00 8,953,117,000.00 8,958,108,000.00 8,972,202,000.00 8,260,624,000.00 0 0
      Goodwill 0 0 0 0 0 0 0
      Intangible Assets 0 0 1,126,019,000.00 0 0 0 999,689,000.00
      Long-Term Investments 2,295,743,000.00 2,169,930,000.00 2,116,073,000.00 2,127,118,000.00 2,119,564,000.00 0 0
      Non-Current Deferred Assets 158,477,000.00 144,767,000.00 143,499,000.00 146,270,000.00 139,278,000.00 0 0
      Other Non-Current Assets 0 0 6,744,406,000.00 0 0 0 0
Liabilities 19,251,836,000.00 17,811,750,000.00 18,148,045,000.00 18,003,033,000.00 16,601,323,000.00 0 0
   Current Liabilities 8,472,075,000.00 8,349,854,000.00 8,615,157,000.00 8,815,445,000.00 8,051,481,000.00 0 0
      Payables and Expenses 2,303,975,000.00 2,149,228,000.00 2,500,984,000.00 2,122,126,000.00 2,063,840,000.00 0 0
            Account Payables 1,520,260,000.00 1,377,013,000.00 1,663,487,000.00 1,431,635,000.00 1,410,382,000.00 0 0
            Current Accrued Liabilities 635,008,000.00 634,396,000.00 728,935,000.00 603,901,000.00 581,151,000.00 0 0
      Short-Term Debt 0 0 4,422,236,000.00 0 0 4,889,382,000.00 4,026,291,000.00
      Other Current Liabilities 0 0 1,691,937,000.00 0 0 0 0
   Non-Current Liabilities 10,779,761,000.00 9,461,896,000.00 9,532,888,000.00 9,187,588,000.00 8,549,842,000.00 0 0
      Long-Term Debt 0 0 0 0 0 6,162,648,000.00 6,057,967,000.00
      Other Non-Current Liabilities 0 0 0 0 0 0 0
Equity 12,239,383,000.00 12,062,800,000.00 12,627,822,000.00 13,371,117,000.00 12,672,556,000.00 0 0
   Shareholders Equity 11,957,763,000.00 11,796,836,000.00 12,326,529,000.00 13,067,738,000.00 12,391,444,000.00 0 0
      Capital Stock 86,067,000.00 86,067,000.00 86,067,000.00 86,067,000.00 86,067,000.00 0 0
      Share Premium 205,051,000.00 204,825,000.00 205,299,000.00 205,324,000.00 205,222,000.00 0 0
      Retained Earnings 11,272,193,000.00 11,151,748,000.00 11,122,187,000.00 11,058,672,000.00 10,968,984,000.00 0 0
      Treasury Shares 1,943,026,000.00 1,636,053,000.00 1,272,845,000.00 842,731,000.00 775,202,000.00 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0
   Minority Interest 281,620,000.00 265,964,000.00 301,293,000.00 303,379,000.00 281,112,000.00 0 0
Debt 0 0 4,422,236,000.00 0 0 11,052,030,000.00 4,026,291,000.00
Net Debt 0 0 0 0 0 6,074,767,000.00 5,208,992,000.00
Common Shares Outstanding 3,892,550.61 4,085,378.81 4,346,509.57 4,639,210.92 4,682,564.27 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenues 5,292,412,000.00 5,340,268,000.00 5,360,042,000.00 5,531,112,000.00 5,392,755,000.00 0
Cost Of Revenue 4,214,311,000.00 4,269,449,000.00 4,222,054,000.00 4,351,370,000.00 4,242,889,000.00 0
Interest Income 41,855,000.00 39,901,000.00 40,331,000.00 50,107,000.00 50,604,000.00 0
Interest Expense 15,443,000.00 13,905,000.00 16,865,000.00 13,046,000.00 12,777,000.00 0
Non-Interest Expense 592,820,000.00 533,706,000.00 711,157,000.00 514,755,000.00 629,303,000.00 0
Gross Profit 1,078,101,000.00 1,070,819,000.00 1,137,988,000.00 1,179,742,000.00 1,149,866,000.00 0
Operating Expenses 884,127,000.00 826,649,000.00 1,064,422,000.00 782,430,000.00 891,963,000.00 0
   Selling, General and Administrative Expenses 592,820,000.00 533,706,000.00 711,157,000.00 514,755,000.00 629,303,000.00 0
   Research and Development Expenses 291,307,000.00 292,943,000.00 353,265,000.00 267,675,000.00 262,660,000.00 0
Operating Income 193,974,000.00 244,170,000.00 73,566,000.00 397,312,000.00 257,903,000.00 0
EBT 235,085,000.00 292,334,000.00 92,081,000.00 483,606,000.00 182,479,000.00 0
Income Tax 101,323,000.00 77,440,000.00 49,474,000.00 150,026,000.00 69,959,000.00 0
Net Income Including Non-Controlling Interests 133,762,000.00 214,894,000.00 42,607,000.00 333,580,000.00 112,520,000.00 0
Net Income Non-Controlling Interests -18,603,000.00 -18,224,000.00 -12,033,000.00 -23,000,000.00 -12,497,000.00 0
Net Income 115,159,000.00 196,670,000.00 30,574,000.00 310,580,000.00 100,023,000.00 0
EBIT 250,528,000.00 306,239,000.00 108,946,000.00 496,652,000.00 195,256,000.00 0
Deprecation and Amortization 300,411,000.00 178,612,000.00 194,893,000.00 181,164,000.00 178,880,000.00 0
EBITDA 550,939,000.00 484,851,000.00 303,839,000.00 677,816,000.00 374,136,000.00 0
EPS 0 0.14 0 0 0 0.25
Diluted EPS 0 0.14 0 0 0 0.25
Average Shares Outstanding Basic 0 1,400,783.48 0 0 0 1,608,034.88
Average Shares Outstanding Diluted 0 1,400,783.48 0 0 0 1,608,034.88
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Operating Cash Flow 280,202,000.00 85,659,000.00 138,828,000.00 84,633,000.00 149,954,000.00
   Operating Net Income 235,085,000.00 292,334,000.00 92,081,000.00 483,606,000.00 182,479,000.00
   Deprecation and Amortization 300,411,000.00 178,612,000.00 194,893,000.00 181,164,000.00 178,880,000.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital -97,742,000.00 -512,123,000.00 -22,747,000.00 -473,418,000.00 -130,927,000.00
   Other Operating Activities -157,552,000.00 126,836,000.00 -125,399,000.00 -106,719,000.00 -80,478,000.00
Investing Cash Flow -146,643,000.00 -210,081,000.00 -305,192,000.00 -117,668,000.00 -326,506,000.00
   Capital Expenditure 0 0 0 0 0
   Net Purchase/Sale of PPE -95,885,000.00 -125,524,000.00 -173,674,000.00 -104,886,000.00 -81,235,000.00
   Net Purchase/Sale of Investments Net -2,844,000.00 31,268,000.00 31,755,000.00 102,339,000.00 -120,960,000.00
   Net Purchase/Sale of Business 10,820,000.00 -43,611,000.00 -57,666,000.00 -26,672,000.00 -50,358,000.00
   Other Investing Activities -58,734,000.00 -72,214,000.00 -105,607,000.00 -88,449,000.00 -73,953,000.00
Financing Cash Flow 424,536,000.00 -325,118,000.00 -118,339,000.00 81,215,000.00 235,653,000.00
   Net Issuance/Repayment of Debt 757,026,000.00 212,625,000.00 328,339,000.00 307,763,000.00 471,030,000.00
   Net Issuance/Repurchase of Equity -306,973,000.00 -363,208,000.00 -430,114,000.00 -67,529,000.00 -212,211,000.00
   Dividends Paid 0 -147,960,000.00 0 -159,387,000.00 0
   Other Financing Activities -25,517,000.00 -26,575,000.00 -16,564,000.00 368,000.00 -23,166,000.00
Net Change in Cash 558,095,000.00 -449,540,000.00 -284,703,000.00 48,180,000.00 59,101,000.00
   Cash at Beginning of Period 4,013,757,000.00 4,528,795,000.00 4,961,025,000.00 4,622,289,000.00 4,977,263,000.00
   Cash at End of Period 4,677,894,000.00 4,013,757,000.00 4,528,795,000.00 4,961,025,000.00 4,622,289,000.00
Free Cash Flow 115,962,000.00 -114,735,000.00 -150,317,000.00 -109,038,000.00 -7,252,000.00