HPP
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -8.22 | -47.92 | -174.64 | 4324.25 | |
| Price to Sales | 3.56 | 9.65 | 9.54 | 29.24 | 31.98 |
| Book Value Per Common Share | 20.21 | 21.82 | 23.43 | 24.76 | 22.87 |
| Price to Book | 1.05 | 2.99 | 2.91 | 6.99 | 7.35 |
| Price to Operating Cash Flow | 18.19 | 39.55 | 26.49 | 83.29 | 85.25 |
| Price to Free Cash Flow | |||||
| Enterprise Value to EBITDA |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | -17.41 | -20.85 | -38.96 | -23.90 | -48.10 | -122.03 | -69.48 | -73.85 | -332.50 | -247.26 | -546.74 | -1494.23 | -3064.83 | 3894.80 | 6330.33 | |||||
| Price to Sales | 10.89 | 9.21 | 14.71 | 7.47 | 11.00 | 29.77 | 9.00 | 8.37 | 26.02 | 14.66 | 30.68 | 118.52 | 42.43 | 68.59 | 134.40 | |||||
| Book Value Per Common Share | 8.56 | 8.88 | 19.68 | 20.21 | 21.44 | 22.16 | 22.55 | 21.82 | 22.56 | 22.82 | 23.09 | 23.43 | 23.73 | 24.05 | 24.14 | 24.76 | 22.23 | 22.54 | 22.68 | 22.87 |
| Price to Book | 2.26 | 2.16 | 1.05 | 1.05 | 1.56 | 1.52 | 2.00 | 2.99 | 2.06 | 1.29 | 2.02 | 2.91 | 3.23 | 4.32 | 8.05 | 6.99 | 8.27 | 8.64 | 8.37 | 7.35 |
| Price to Operating Cash Flow | 101.52 | 125.52 | 95.60 | 28.72 | 47.17 | 97.83 | 29.42 | 27.45 | 70.96 | 33.75 | 80.03 | 303.61 | 97.54 | 170.03 | 249.72 | |||||
| Price to Free Cash Flow | ||||||||||||||||||||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | -11.57 | -7.20 | 14.43 | 11.41 | |
| EBITDA YoY | |||||
| Net Profit YoY | 199.36 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | 66.67 | |||||||||||||||||||
| Revenue YoY | 48.04 | 95.74 | 46.38 | 101.86 | 46.53 | 97.19 | 52.50 | 102.83 | 53.10 | 101.17 | ||||||||||
| EBITDA YoY | ||||||||||||||||||||
| Net Profit YoY | 50.58 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.45 | 0.71 | 1.78 | 0.64 | 0.74 |
| Quick Ratio | |||||
| Current Ratio | |||||
| Debt to Equity | 1.49 | 1.28 | 1.37 | 1.07 | 1.05 |
| Long-Term Debt to Equity |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 0.59 | 1.27 | 0.61 | 0.45 | 0.64 | 0.56 | 0.81 | 0.71 | 0.53 | 0.77 | 1.16 | 1.81 | 1.12 | 1.82 | 0.92 | 0.64 | 0.73 | 0.74 | 0.89 | 0.75 |
| Quick Ratio | ||||||||||||||||||||
| Current Ratio | ||||||||||||||||||||
| Debt to Equity | 1.21 | 1.17 | 1.51 | 1.49 | 1.42 | 1.36 | 1.33 | 1.28 | 1.37 | 1.37 | 1.36 | 1.37 | 1.35 | 1.26 | 1.20 | 1.07 | 1.19 | 1.08 | 1.08 | 1.05 |
| Long-Term Debt to Equity |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | -2.09 | -1.07 | -0.29 | 0.03 | 0.01 |
| ROE | -5.21 | -2.45 | -0.68 | 0.07 | 0.02 |
| Gross Margin | 46.08 | 52.70 | 59.68 | 62.55 | 62.76 |
| Operating Margin | -24.03 | 5.30 | |||
| EBITDA Margin | |||||
| Net Profit Margin | -43.24 | -20.18 | -5.51 | 0.68 | 0.25 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -1.75 | -0.90 | -0.44 | -1.11 | -0.56 | -0.29 | -0.49 | -0.29 | -0.11 | -0.23 | -0.14 | -0.10 | 0.00 | 0.05 | 0.03 | |||||
| ROE | -3.87 | -1.96 | -1.09 | -2.68 | -1.31 | -0.68 | -1.16 | -0.69 | -0.25 | -0.53 | -0.32 | -0.23 | -0.01 | 0.10 | 0.06 | |||||
| Gross Margin | 43.44 | 43.03 | 42.93 | 46.53 | 48.31 | 48.58 | 54.05 | 55.22 | 55.88 | 60.74 | 61.31 | 62.12 | 62.90 | 62.77 | 63.39 | |||||
| Operating Margin | -30.97 | -19.50 | -18.43 | -11.38 | -2.81 | -4.33 | 11.07 | 12.73 | ||||||||||||
| EBITDA Margin | ||||||||||||||||||||
| Net Profit Margin | -51.18 | -40.64 | -37.64 | -31.17 | -22.97 | -24.39 | -12.92 | -11.38 | -8.10 | -5.89 | -5.49 | -8.09 | -0.11 | 1.92 | 2.56 |
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 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 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 | 17,395,606.00 | 17,900,339.00 | 19,794,598.00 | 19,086,203.00 | 17,607,161.00 |
| Cash and Short-Term Investments | 63,256.00 | 100,391.00 | 255,761.00 | 96,555.00 | 113,686.00 |
| Cash and Cash Equivalents | 63,256.00 | 100,391.00 | 255,761.00 | 96,555.00 | 113,686.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 428,506.00 | 490,792.00 | 593,460.00 | 531,290.00 | 495,580.00 |
| Inventory | 0 | 0 | 4,914.00 | 1,578.00 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 879,519.00 | 877,595.00 | 938,491.00 | 639,851.00 | 1,616,768.00 |
| Real Estate | 34,023,095.00 | 34,147,033.00 | 35,959,736.00 | 34,494,501.00 | 33,715,707.00 |
| Goodwill | 156,529.00 | 264,144.00 | 263,549.00 | 109,439.00 | 8,754.00 |
| Intangible Assets | 327,514.00 | 326,950.00 | 393,842.00 | 341,444.00 | 285,836.00 |
| Long-Term Investments | 443,036.00 | 505,522.00 | 361,244.00 | 309,562.00 | 82,105.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 10,405,712.00 | 10,053,658.00 | 11,445,912.00 | 9,864,326.00 | 9,037,665.00 |
| Payables and Expenses | 0 | 0 | 0 | 0 | 0 |
| Account Payables | 0 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Equity | 6,989,894.00 | 7,846,681.00 | 8,348,686.00 | 9,221,877.00 | 8,569,496.00 |
| Shareholders Equity | 2,855,470.00 | 3,078,014.00 | 3,305,104.00 | 3,741,822.00 | 3,463,139.00 |
| Capital Stock | 426,403.00 | 426,403.00 | 426,409.00 | 426,511.00 | 1,514.00 |
| Share Premium | 2,437,484.00 | 2,651,798.00 | 2,889,967.00 | 3,317,072.00 | 3,469,758.00 |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -17,130.00 | -249.00 | -22,732.00 | -3,540.00 | -16,379.00 |
| Minority Interest | 263,167.00 | 416,158.00 | 444,727.00 | 455,170.00 | 504,841.00 |
| Investments | 472,046.00 | 554,740.00 | 394,884.00 | 618,882.00 | 478,650.00 |
| Debt | 8,933,541.00 | 9,372,669.00 | 10,637,783.00 | 8,967,247.00 | 8,230,469.00 |
| Net Debt | 8,870,285.00 | 9,272,278.00 | 10,382,022.00 | 8,870,692.00 | 8,116,783.00 |
| Common Shares Outstanding | 141,279.10 | 141,034.81 | 141,054.48 | 151,124.54 | 151,401.36 |
| Preferred Shares Outstanding | 0 | 0 | 17,000.00 | 17,000.00 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 842,082.00 | 952,297.00 | 1,026,224.00 | 896,835.00 | 804,965.00 |
| Cost Of Revenue | 454,079.00 | 450,465.00 | 413,818.00 | 335,847.00 | 299,779.00 |
| Gross Profit | 388,003.00 | 501,832.00 | 612,406.00 | 560,988.00 | 505,186.00 |
| Operating Expenses | 887,955.00 | 923,269.00 | 866,538.00 | 750,807.00 | 677,343.00 |
| Selling, General and Administrative Expenses | 79,451.00 | 74,958.00 | 79,501.00 | 71,346.00 | 77,882.00 |
| Other Operating Expenses | 808,504.00 | 848,311.00 | 787,037.00 | 679,461.00 | 599,461.00 |
| Operating Income | -499,952.00 | -421,437.00 | -254,132.00 | -189,819.00 | -172,157.00 |
| Net Non-Operating Income | -333,892.00 | -192,932.00 | -176,203.00 | -117,016.00 | -111,192.00 |
| Interest Income | 179,860.00 | 216,597.00 | 152,241.00 | 125,733.00 | 120,566.00 |
| Interest Expense | 177,393.00 | 214,415.00 | 149,901.00 | 121,939.00 | 116,477.00 |
| Net Interest | 2,467.00 | 2,182.00 | 2,340.00 | 3,794.00 | 4,089.00 |
| EBT | -379,765.00 | -163,904.00 | 0 | 0 | 0 |
| Income Tax | 1,641.00 | 6,796.00 | 7,500.00 | 0.00 | 0.00 |
| Equity Method Investments Income | -7,308.00 | -3,902.00 | 943.00 | 1,822.00 | 736.00 |
| Net Income Including Non-Controlling Interests | -796,398.00 | -360,076.00 | -27,676.00 | 67,991.00 | 36,469.00 |
| Net Income Non-Controlling Interests | 432,255.00 | 167,895.00 | -28,823.00 | -61,866.00 | -34,423.00 |
| Net Income | -364,143.00 | -192,181.00 | -56,499.00 | 6,125.00 | 2,046.00 |
| EBIT | -202,372.00 | 50,511.00 | 0 | 0 | 0 |
| Deprecation and Amortization | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS | -0.00 | -0.00 | -0.00 | 0.00 | 0 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | 0.00 | 0 |
| Average Shares Outstanding Basic | 141,192.73 | 140,953.09 | 143,732.43 | 151,618.28 | 153,126.03 |
| Average Shares Outstanding Diluted | 141,192.73 | 140,953.09 | 143,732.43 | 151,943.36 | 153,169.02 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 164,657.00 | 232,256.00 | 369,501.00 | 314,863.00 | 302,032.00 |
| Operating Net Income | -796,398.00 | -360,076.00 | -27,676.00 | 67,991.00 | 36,469.00 |
| Deprecation and Amortization | 0 | 0 | 0 | 0 | 0 |
| Deferred Income Tax | 593.00 | 6,609.00 | 0 | 0 | 0 |
| Share Based Compensation | 26,009.00 | 23,863.00 | 24,296.00 | 21,163.00 | 22,723.00 |
| Change in Working Capital | 1,124.00 | 25,768.00 | -4,384.00 | 58,216.00 | 59,816.00 |
| Other Operating Activities | 933,329.00 | 536,092.00 | 377,265.00 | 167,493.00 | 183,024.00 |
| Investing Cash Flow | -250,539.00 | 467,841.00 | -378,094.00 | -754,208.00 | -1,006,844.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 129,300.00 | 5,778.00 | 5,656.00 |
| Net Purchase/Sale of Business | 47,753.00 | 68,732.00 | 478,358.00 | 570,878.00 | 16,756.00 |
| Other Investing Activities | -298,292.00 | 399,109.00 | -985,752.00 | -1,330,864.00 | -1,029,256.00 |
| Financing Cash Flow | 65,903.00 | -866,672.00 | 97,448.00 | 486,681.00 | 796,094.00 |
| Net Issuance/Repayment of Debt | 565,482.00 | 3,364,976.00 | 3,685,112.00 | 5,136,806.00 | 5,774,022.00 |
| Net Issuance/Repurchase of Equity | 0 | 1,369.00 | 374,412.00 | 182,222.00 | 80,213.00 |
| Dividends Paid | 72,354.00 | 151,520.00 | 337,502.00 | 310,344.00 | 311,216.00 |
| Other Financing Activities | -571,933.00 | -4,384,537.00 | -4,299,578.00 | -5,142,691.00 | -5,369,357.00 |
| Net Change in Cash | -19,979.00 | -166,575.00 | 88,855.00 | 47,336.00 | 91,282.00 |
| Cash at Beginning of Period | 119,156.00 | 285,731.00 | 196,876.00 | 149,540.00 | 58,258.00 |
| Cash at End of Period | 99,177.00 | 119,156.00 | 285,731.00 | 196,876.00 | 149,540.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 16,860,034.00 | 17,471,326.00 | 17,141,127.00 | 17,395,606.00 | 17,834,417.00 | 17,857,831.00 | 17,838,350.00 | 17,900,339.00 | 19,289,158.00 | 19,491,836.00 | 19,448,774.00 | 19,794,598.00 | 19,710,872.00 | 19,223,325.00 | 19,140,372.00 | 19,086,203.00 | 18,709,112.00 | 17,774,513.00 | 17,716,911.00 | 17,607,161.00 |
| Cash and Short-Term Investments | 190,436.00 | 236,025.00 | 86,474.00 | 63,256.00 | 90,692.00 | 78,458.00 | 114,305.00 | 100,391.00 | 75,040.00 | 109,220.00 | 163,327.00 | 255,761.00 | 161,667.00 | 266,538.00 | 137,598.00 | 96,555.00 | 110,500.00 | 110,978.00 | 134,278.00 | 113,686.00 |
| Cash and Cash Equivalents | 190,436.00 | 236,025.00 | 86,474.00 | 63,256.00 | 90,692.00 | 78,458.00 | 114,305.00 | 100,391.00 | 75,040.00 | 109,220.00 | 163,327.00 | 255,761.00 | 161,667.00 | 266,538.00 | 137,598.00 | 96,555.00 | 110,500.00 | 110,978.00 | 134,278.00 | 113,686.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 437,920.00 | 434,970.00 | 423,048.00 | 428,506.00 | 441,528.00 | 471,588.00 | 483,330.00 | 490,792.00 | 620,536.00 | 625,942.00 | 611,652.00 | 593,460.00 | 590,420.00 | 569,234.00 | 568,886.00 | 531,290.00 | 532,022.00 | 510,380.00 | 504,902.00 | 495,580.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,954.00 | 5,689.00 | 5,137.00 | 4,914.00 | 4,795.00 | 1,981.00 | 1,755.00 | 1,578.00 | 1,483.00 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 812,776.00 | 829,349.00 | 840,509.00 | 879,519.00 | 846,890.00 | 853,947.00 | 865,662.00 | 877,595.00 | 904,557.00 | 913,248.00 | 928,491.00 | 938,491.00 | 933,844.00 | 666,368.00 | 683,912.00 | 639,851.00 | 615,712.00 | 1,894,962.00 | 1,615,579.00 | 1,616,768.00 |
| Real Estate | 33,052,731.00 | 34,010,282.00 | 33,860,247.00 | 34,023,095.00 | 34,424,226.00 | 34,684,888.00 | 34,005,447.00 | 34,147,033.00 | 36,529,613.00 | 36,628,806.00 | 36,298,170.00 | 35,959,736.00 | 35,639,231.00 | 35,303,424.00 | 34,689,715.00 | 34,494,501.00 | 34,820,997.00 | 34,404,550.00 | 34,080,044.00 | 33,715,707.00 |
| Goodwill | 156,529.00 | 156,529.00 | 156,529.00 | 156,529.00 | 264,144.00 | 264,144.00 | 264,144.00 | 264,144.00 | 263,549.00 | 263,549.00 | 263,549.00 | 263,549.00 | 261,139.00 | 109,473.00 | 109,439.00 | 109,439.00 | 105,149.00 | 8,754.00 | 8,754.00 | 8,754.00 |
| Intangible Assets | 361,610.00 | 351,278.00 | 318,254.00 | 327,514.00 | 324,498.00 | 329,310.00 | 319,214.00 | 326,950.00 | 359,870.00 | 371,525.00 | 382,173.00 | 393,842.00 | 405,434.00 | 336,439.00 | 325,641.00 | 341,444.00 | 335,619.00 | 271,201.00 | 280,679.00 | 285,836.00 |
| Long-Term Investments | 486,906.00 | 485,870.00 | 456,112.00 | 443,036.00 | 455,036.00 | 424,560.00 | 541,280.00 | 505,522.00 | 472,696.00 | 437,144.00 | 388,726.00 | 361,244.00 | 308,488.00 | 323,990.00 | 322,042.00 | 309,562.00 | 152,516.00 | 85,736.00 | 83,917.00 | 82,105.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 9,246,672.00 | 9,415,277.00 | 10,306,413.00 | 10,405,712.00 | 10,477,499.00 | 10,305,120.00 | 10,189,241.00 | 10,053,658.00 | 11,158,776.00 | 11,281,893.00 | 11,193,897.00 | 11,445,912.00 | 11,340,004.00 | 10,700,943.00 | 10,420,891.00 | 9,864,326.00 | 10,176,660.00 | 9,241,609.00 | 9,202,495.00 | 9,037,665.00 |
| Payables and Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity | 7,613,362.00 | 8,056,049.00 | 6,834,714.00 | 6,989,894.00 | 7,356,918.00 | 7,552,711.00 | 7,649,109.00 | 7,846,681.00 | 8,130,382.00 | 8,209,943.00 | 8,254,877.00 | 8,348,686.00 | 8,370,868.00 | 8,522,382.00 | 8,719,481.00 | 9,221,877.00 | 8,532,452.00 | 8,532,904.00 | 8,514,416.00 | 8,569,496.00 |
| Shareholders Equity | 3,248,136.00 | 3,366,415.00 | 2,782,249.00 | 2,855,470.00 | 3,027,473.00 | 3,130,134.00 | 3,183,076.00 | 3,078,014.00 | 3,178,890.00 | 3,216,674.00 | 3,253,317.00 | 3,305,104.00 | 3,344,790.00 | 3,405,030.00 | 3,489,269.00 | 3,741,822.00 | 3,386,768.00 | 3,433,943.00 | 3,419,880.00 | 3,463,139.00 |
| Capital Stock | 428,781.00 | 428,779.00 | 426,403.00 | 426,403.00 | 426,403.00 | 426,403.00 | 426,403.00 | 426,403.00 | 426,403.00 | 426,403.00 | 426,403.00 | 426,409.00 | 426,408.00 | 426,415.00 | 426,445.00 | 426,511.00 | 1,523.00 | 1,523.00 | 1,508.00 | 1,514.00 |
| Share Premium | 2,822,616.00 | 2,935,476.00 | 2,362,920.00 | 2,437,484.00 | 2,603,414.00 | 2,700,907.00 | 2,753,640.00 | 2,651,798.00 | 2,748,309.00 | 2,783,858.00 | 2,835,061.00 | 2,889,967.00 | 2,935,448.00 | 2,985,666.00 | 3,063,500.00 | 3,317,072.00 | 3,389,693.00 | 3,435,156.00 | 3,423,699.00 | 3,469,758.00 |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -6,628.00 | 4,356.00 | -14,350.00 | -17,130.00 | -4,680.00 | 5,915.00 | 6,354.00 | -249.00 | 8,608.00 | 13,141.00 | -16,393.00 | -22,732.00 | -34,423.00 | -14,214.00 | -1,351.00 | -3,540.00 | -8,959.00 | -5,512.00 | -10,729.00 | -16,379.00 |
| Minority Interest | 185,202.00 | 263,917.00 | 256,136.00 | 263,167.00 | 258,839.00 | 265,674.00 | 205,488.00 | 416,158.00 | 421,935.00 | 428,678.00 | 445,565.00 | 444,727.00 | 447,540.00 | 443,699.00 | 454,195.00 | 455,170.00 | 465,612.00 | 511,863.00 | 516,360.00 | 504,841.00 |
| Investments | 515,066.00 | 512,778.00 | 479,008.00 | 472,046.00 | 485,006.00 | 461,062.00 | 589,240.00 | 554,740.00 | 511,356.00 | 474,986.00 | 419,078.00 | 394,884.00 | 347,872.00 | 355,194.00 | 633,698.00 | 618,882.00 | 614,698.00 | 468,698.00 | 474,682.00 | 478,650.00 |
| Debt | 8,517,827.00 | 8,710,774.00 | 9,681,067.00 | 8,933,541.00 | 9,628,834.00 | 9,592,388.00 | 9,530,238.00 | 9,372,669.00 | 10,333,020.00 | 10,447,703.00 | 10,351,072.00 | 10,637,783.00 | 10,339,240.00 | 9,788,219.00 | 9,495,077.00 | 8,967,247.00 | 9,289,567.00 | 8,446,593.00 | 8,346,255.00 | 8,230,469.00 |
| Net Debt | 8,327,391.00 | 8,474,749.00 | 9,594,593.00 | 8,870,285.00 | 9,538,142.00 | 9,513,930.00 | 9,415,933.00 | 9,272,278.00 | 10,257,980.00 | 10,338,483.00 | 10,187,745.00 | 10,382,022.00 | 10,177,573.00 | 9,521,681.00 | 9,357,479.00 | 8,870,692.00 | 9,179,067.00 | 8,335,615.00 | 8,211,977.00 | 8,116,783.00 |
| Common Shares Outstanding | 379,433.29 | 379,150.86 | 141,392.41 | 141,279.10 | 141,232.36 | 141,232.36 | 141,144.59 | 141,034.81 | 140,937.70 | 140,937.70 | 140,888.77 | 141,054.48 | 140,923.32 | 141,609.34 | 144,559.17 | 151,124.54 | 152,320.25 | 152,319.08 | 150,760.63 | 151,401.36 |
| Preferred Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,000.00 | 17,000.00 | 17,000.00 | 0 | 0 | 17,000.00 | 0 | 0 | 0 | 0 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | 575,078.00 | 388,461.00 | 198,459.00 | -436,380.00 | 632,416.00 | 432,023.00 | 214,023.00 | -526,271.00 | 728,874.00 | 497,431.00 | 252,263.00 | -470,529.00 | 756,297.00 | 495,943.00 | 244,513.00 | -401,358.00 | 656,353.00 | 428,721.00 | 213,119.00 |
| Cost Of Revenue | 325,270.00 | 221,311.00 | 113,258.00 | -217,442.00 | 338,153.00 | 223,312.00 | 110,056.00 | -218,497.00 | 334,920.00 | 222,744.00 | 111,298.00 | -167,540.00 | 296,886.00 | 191,858.00 | 92,614.00 | -145,261.00 | 243,501.00 | 159,592.00 | 78,015.00 |
| Gross Profit | 249,808.00 | 167,150.00 | 85,201.00 | -218,938.00 | 294,263.00 | 208,711.00 | 103,967.00 | -307,774.00 | 393,954.00 | 274,687.00 | 140,965.00 | -302,989.00 | 459,411.00 | 304,085.00 | 151,899.00 | -256,097.00 | 412,852.00 | 269,129.00 | 135,104.00 |
| Operating Expenses | 667,159.00 | 455,406.00 | 224,826.00 | -439,480.00 | 663,436.00 | 442,379.00 | 221,620.00 | -445,126.00 | 684,751.00 | 456,483.00 | 227,161.00 | -392,418.00 | 635,765.00 | 417,872.00 | 205,319.00 | -343,361.00 | 552,854.00 | 362,089.00 | 179,225.00 |
| Selling, General and Administrative Expenses | 59,968.00 | 46,259.00 | 18,483.00 | -40,633.00 | 59,959.00 | 40,415.00 | 19,710.00 | -36,608.00 | 55,177.00 | 37,665.00 | 18,724.00 | -45,572.00 | 62,178.00 | 42,383.00 | 20,512.00 | -36,507.00 | 53,846.00 | 35,558.00 | 18,449.00 |
| Other Operating Expenses | 607,191.00 | 409,147.00 | 206,343.00 | -398,847.00 | 603,477.00 | 401,964.00 | 201,910.00 | -408,518.00 | 629,574.00 | 418,818.00 | 208,437.00 | -346,846.00 | 573,587.00 | 375,489.00 | 184,807.00 | -306,854.00 | 499,008.00 | 326,531.00 | 160,776.00 |
| Operating Income | -417,351.00 | -288,256.00 | -139,625.00 | 220,542.00 | -369,173.00 | -233,668.00 | -117,653.00 | 137,352.00 | -290,797.00 | -181,796.00 | -86,196.00 | 89,429.00 | -176,354.00 | -113,787.00 | -53,420.00 | 87,264.00 | -140,002.00 | -92,960.00 | -44,121.00 |
| Net Non-Operating Income | -219,371.00 | -100,445.00 | -53,717.00 | -23,876.00 | -174,212.00 | -90,046.00 | -45,758.00 | 58,542.00 | -125,454.00 | -86,101.00 | -39,919.00 | 84,139.00 | -131,393.00 | -82,140.00 | -46,809.00 | 44,898.00 | -91,240.00 | -48,191.00 | -22,483.00 |
| Interest Income | 138,138.00 | 94,200.00 | 43,940.00 | -89,992.00 | 135,228.00 | 89,681.00 | 44,943.00 | -110,086.00 | 163,443.00 | 109,062.00 | 54,178.00 | -49,732.00 | 103,842.00 | 66,385.00 | 31,746.00 | -63,127.00 | 94,668.00 | 62,909.00 | 31,283.00 |
| Interest Expense | 133,368.00 | 91,642.00 | 43,505.00 | -88,197.00 | 133,253.00 | 88,248.00 | 44,089.00 | -109,883.00 | 162,036.00 | 108,455.00 | 53,807.00 | -47,306.00 | 101,816.00 | 64,555.00 | 30,836.00 | -61,122.00 | 91,800.00 | 60,975.00 | 30,286.00 |
| Net Interest | 4,770.00 | 2,558.00 | 435.00 | -1,795.00 | 1,975.00 | 1,433.00 | 854.00 | -203.00 | 1,407.00 | 607.00 | 371.00 | -2,426.00 | 2,026.00 | 1,830.00 | 910.00 | -2,005.00 | 2,868.00 | 1,934.00 | 997.00 |
| EBT | -311,452.00 | -167,390.00 | -80,084.00 | -20,776.00 | -205,232.00 | -100,402.00 | -53,355.00 | -37,420.00 | -81,331.00 | -45,153.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Tax | 672.00 | 648.00 | 194.00 | -1,562.00 | 2,693.00 | 510.00 | 0.00 | -359.00 | 715.00 | 1,140.00 | 5,300.00 | 7,500.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity Method Investments Income | -2,203.00 | -1,459.00 | -1,254.00 | 3,102.00 | -6,443.00 | -3,224.00 | -743.00 | 522.00 | -2,219.00 | -1,460.00 | -745.00 | -3,174.00 | 1,731.00 | 2,083.00 | 303.00 | -1,589.00 | 1,671.00 | 1,105.00 | 635.00 |
| Net Income Including Non-Controlling Interests | -634,613.00 | -342,968.00 | -166,573.00 | -22,929.00 | -445,829.00 | -216,455.00 | -111,185.00 | -52,339.00 | -174,976.00 | -99,521.00 | -33,240.00 | -4,296.00 | -12,562.00 | 2,658.00 | -13,476.00 | -33,084.00 | 32,774.00 | 42,337.00 | 25,964.00 |
| Net Income Non-Controlling Interests | 340,289.00 | 185,111.00 | 91,865.00 | 7,364.00 | 248,682.00 | 117,226.00 | 58,983.00 | 31,361.00 | 80,788.00 | 42,931.00 | 12,815.00 | 39,334.00 | -31,953.00 | -29,887.00 | -6,317.00 | 26,245.00 | -33,499.00 | -34,111.00 | -20,501.00 |
| Net Income | -294,324.00 | -157,857.00 | -74,708.00 | -15,565.00 | -197,147.00 | -99,229.00 | -52,202.00 | -20,978.00 | -94,188.00 | -56,590.00 | -20,425.00 | 35,038.00 | -44,515.00 | -27,229.00 | -19,793.00 | -6,839.00 | -725.00 | 8,226.00 | 5,463.00 |
| EBIT | -178,084.00 | -75,748.00 | -36,579.00 | -108,973.00 | -71,979.00 | -12,154.00 | -9,266.00 | -93,496.00 | 80,705.00 | 63,302.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deprecation and Amortization | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 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 | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 324,047.34 | 186,488.85 | 141,386.51 | 141,317.78 | 141,178.91 | 141,151.89 | 141,122.34 | 140,863.10 | 140,957.17 | 140,967.07 | 141,025.02 | 134,576.70 | 144,677.65 | 146,487.39 | 149,187.99 | 153,208.65 | 151,443.30 | 150,997.56 | 150,823.61 |
| Average Shares Outstanding Diluted | 266,162.17 | 172,195.53 | 141,386.51 | 141,317.78 | 141,178.91 | 141,151.89 | 141,122.34 | 140,863.10 | 140,957.17 | 140,967.07 | 141,025.02 | 134,576.70 | 144,677.65 | 146,487.39 | 149,187.99 | 153,886.21 | 151,443.30 | 151,302.85 | 151,141.08 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 61,673.00 | 28,496.00 | 30,536.00 | -165,716.00 | 164,495.00 | 100,750.00 | 65,128.00 | -234,981.00 | 223,038.00 | 151,683.00 | 92,516.00 | -244,644.00 | 328,549.00 | 190,142.00 | 95,454.00 | -258,275.00 | 285,512.00 | 172,931.00 | 114,695.00 |
| Operating Net Income | -634,613.00 | -342,968.00 | -166,573.00 | -22,929.00 | -445,829.00 | -216,455.00 | -111,185.00 | -52,339.00 | -174,976.00 | -99,521.00 | -33,240.00 | -4,296.00 | -12,562.00 | 2,658.00 | -13,476.00 | -33,084.00 | 32,774.00 | 42,337.00 | 25,964.00 |
| Deprecation and Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Income Tax | -10.00 | -19.00 | -7.00 | -2,572.00 | 2,702.00 | 471.00 | -8.00 | 5,144.00 | 549.00 | 916.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 26,607.00 | 23,029.00 | 5,140.00 | -13,489.00 | 19,446.00 | 13,485.00 | 6,567.00 | -10,007.00 | 17,087.00 | 11,547.00 | 5,236.00 | -10,171.00 | 17,816.00 | 11,322.00 | 5,329.00 | -7,971.00 | 15,718.00 | 9,878.00 | 3,538.00 |
| Change in Working Capital | 67,622.00 | 40,700.00 | 21,632.00 | -146,532.00 | 96,940.00 | 46,578.00 | 4,138.00 | -221,112.00 | 115,818.00 | 96,912.00 | 34,150.00 | -242,684.00 | 122,518.00 | 43,452.00 | 72,330.00 | -210,858.00 | 139,748.00 | 69,152.00 | 60,174.00 |
| Other Operating Activities | 602,067.00 | 307,754.00 | 170,344.00 | 19,806.00 | 491,236.00 | 256,671.00 | 165,616.00 | 43,333.00 | 264,560.00 | 141,829.00 | 86,370.00 | 12,507.00 | 200,777.00 | 132,710.00 | 31,271.00 | -6,362.00 | 97,272.00 | 51,564.00 | 25,019.00 |
| Investing Cash Flow | -64,096.00 | -8,078.00 | 15,945.00 | 137,607.00 | -195,756.00 | -121,030.00 | -71,360.00 | 675,258.00 | -124,505.00 | -93,411.00 | 10,499.00 | 133,856.00 | -335,427.00 | -104,254.00 | -72,269.00 | 107,655.00 | -560,602.00 | -204,047.00 | -97,214.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -131,456.00 | 129,300.00 | 129,300.00 | 2,156.00 | -3,437.00 | 5,002.00 | 2,889.00 | 1,324.00 |
| Net Purchase/Sale of Business | 14,810.00 | 9,314.00 | 4,487.00 | -45,340.00 | 41,668.00 | 30,492.00 | 20,933.00 | -35,584.00 | 56,017.00 | 35,313.00 | 12,986.00 | 22,288.00 | 433,256.00 | 14,892.00 | 7,922.00 | -3,790.00 | 565,904.00 | 8,325.00 | 439.00 |
| Other Investing Activities | -78,906.00 | -17,392.00 | 11,458.00 | 182,947.00 | -237,424.00 | -151,522.00 | -92,293.00 | 710,842.00 | -180,522.00 | -128,724.00 | -2,487.00 | 243,024.00 | -897,983.00 | -248,446.00 | -82,347.00 | 114,882.00 | -1,131,508.00 | -215,261.00 | -98,977.00 |
| Financing Cash Flow | 117,693.00 | 147,532.00 | -11,732.00 | 18,151.00 | 26,040.00 | 1,064.00 | 20,648.00 | -154,454.00 | -290,170.00 | -216,200.00 | -205,848.00 | 72,859.00 | 14,070.00 | 32,799.00 | -22,280.00 | 112,061.00 | 345,787.00 | 26,521.00 | 2,312.00 |
| Net Issuance/Repayment of Debt | 6,184,934.00 | 4,981,334.00 | 1,957,410.00 | -268,648.00 | 333,448.00 | 284,682.00 | 216,000.00 | -176,014.00 | 1,710,712.00 | 1,294,712.00 | 535,566.00 | 73,437.00 | 2,986,502.00 | 389,327.00 | 235,846.00 | 662,196.00 | 4,194,016.00 | 174,326.00 | 106,268.00 |
| Net Issuance/Repurchase of Equity | 1,323,686.00 | 1,323,686.00 | 0 | 0 | 0 | 0 | 0 | -2,738.00 | 1,369.00 | 1,369.00 | 1,369.00 | -469,376.00 | 374,412.00 | 369,376.00 | 100,000.00 | -71,146.00 | 119,460.00 | 119,152.00 | 14,756.00 |
| Dividends Paid | 31,628.00 | 21,428.00 | 11,092.00 | -66,986.00 | 61,648.00 | 51,554.00 | 26,138.00 | -204,050.00 | 141,120.00 | 130,720.00 | 83,730.00 | -179,398.00 | 255,024.00 | 172,544.00 | 89,332.00 | -154,506.00 | 232,744.00 | 154,948.00 | 77,158.00 |
| Other Financing Activities | -7,422,555.00 | -6,178,916.00 | -1,980,234.00 | 353,785.00 | -369,056.00 | -335,172.00 | -221,490.00 | 228,348.00 | -2,143,371.00 | -1,643,001.00 | -826,513.00 | 648,196.00 | -3,601,868.00 | -898,448.00 | -447,458.00 | -324,483.00 | -4,200,433.00 | -421,905.00 | -195,870.00 |
| Net Change in Cash | 115,270.00 | 167,950.00 | 34,749.00 | -9,958.00 | -5,221.00 | -19,216.00 | 14,416.00 | 285,823.00 | -191,637.00 | -157,928.00 | -102,833.00 | -37,929.00 | 7,192.00 | 118,687.00 | 905.00 | -38,559.00 | 70,697.00 | -4,595.00 | 19,793.00 |
| Cash at Beginning of Period | 99,177.00 | 99,177.00 | 99,177.00 | 109,135.00 | 119,156.00 | 119,156.00 | 119,156.00 | -166,667.00 | 285,731.00 | 285,731.00 | 285,731.00 | 323,660.00 | 196,876.00 | 196,876.00 | 196,876.00 | 235,435.00 | 149,540.00 | 149,540.00 | 149,540.00 |
| Cash at End of Period | 214,447.00 | 267,127.00 | 133,926.00 | 99,177.00 | 113,935.00 | 99,940.00 | 133,572.00 | 119,156.00 | 94,094.00 | 127,803.00 | 182,898.00 | 285,731.00 | 204,068.00 | 315,563.00 | 197,781.00 | 196,876.00 | 220,237.00 | 144,945.00 | 169,333.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |