TSM
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 0.87 | 0.64 | 0.38 | 1.05 |
| Price to Sales | 0.35 | 0.25 | 0.17 | 0.39 |
| Book Value Per Common Share | 163.66 | 132.25 | 111.95 | 82.89 |
| Price to Book | 1.21 | 0.79 | 0.67 | 1.45 |
| Price to Operating Cash Flow | 0.56 | 0.43 | 0.24 | 0.56 |
| Price to Free Cash Flow | 1.19 | 1.88 | 0.74 | 2.37 |
| Enterprise Value to EBITDA | 24631.97 | 17701.66 | 12124.24 | 28598.37 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 3.20 | 2.95 | 2.38 | 2.73 | 2.77 |
| Price to Sales | 1.46 | 1.26 | 1.03 | 1.18 | 1.19 |
| Book Value Per Common Share | 192.74 | 176.65 | 176.00 | 163.66 | 153.86 |
| Price to Book | 1.45 | 1.28 | 0.94 | 1.21 | 1.13 |
| Price to Operating Cash Flow | 3.39 | 2.36 | 1.38 | 1.65 | 2.30 |
| Price to Free Cash Flow | 10.47 | 5.95 | 2.94 | 4.01 | 4.89 |
| Enterprise Value to EBITDA | 104794.95 | 85768.64 | 70717.53 | 82375.82 | 116424.21 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | 39.92 | -17.50 | 70.36 | |
| Revenue YoY | 33.89 | -4.51 | 42.62 | |
| EBITDA YoY | 36.47 | -4.37 | 46.04 | |
| Net Profit YoY | 36.00 | -14.22 | 67.62 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | 13.54 | 10.19 | -3.52 | 15.12 | |
| Revenue YoY | 6.01 | 11.26 | -3.36 | 14.32 | |
| EBITDA YoY | 0.92 | 12.50 | -2.09 | 60.72 | |
| Net Profit YoY | 13.57 | 10.41 | 0.26 | 10.62 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 479.25 | 330.67 | 305.93 | 232.34 |
| Quick Ratio | 2.11 | 2.03 | 1.84 | 1.85 |
| Current Ratio | 2.36 | 2.33 | 2.08 | 2.12 |
| Debt to Equity | 0.56 | 0.60 | 0.70 | 0.73 |
| Long-Term Debt to Equity | 0.26 | 0.33 | 0.36 | 0.38 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 540.92 | 517.51 | 532.72 | 479.15 | 363.88 |
| Quick Ratio | 2.44 | 2.12 | 2.15 | 2.11 | 1.98 |
| Current Ratio | 2.69 | 2.37 | 2.39 | 2.36 | 2.57 |
| Debt to Equity | 0.46 | 0.52 | 0.55 | 0.56 | 0.53 |
| Long-Term Debt to Equity | 0.21 | 0.22 | 0.25 | 0.26 | 0.26 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 17.31 | 15.40 | 20.00 | 15.90 |
| ROE | 27.07 | 24.66 | 34.03 | 27.53 |
| Gross Margin | 56.12 | 54.36 | 59.56 | 51.63 |
| Operating Margin | 48.94 | 45.86 | 51.05 | 42.11 |
| EBITDA Margin | 71.84 | 70.48 | 70.37 | 68.72 |
| Net Profit Margin | 40.02 | 39.40 | 43.86 | 37.32 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 6.15 | 5.68 | 5.06 | 5.38 | 5.28 |
| ROE | 8.98 | 8.63 | 7.84 | 8.41 | 8.09 |
| Gross Margin | 59.45 | 58.62 | 58.79 | 59.00 | 57.83 |
| Operating Margin | 53.37 | 53.19 | 51.66 | 51.97 | 50.92 |
| EBITDA Margin | 69.82 | 73.33 | 72.53 | 71.59 | 50.92 |
| Net Profit Margin | 45.69 | 42.65 | 42.98 | 41.43 | 42.81 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio | 31.34 | 34.25 | 28.73 | 44.87 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio | 25.80 | 29.30 | 28.75 | 28.83 | 27.90 |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 6,691,764,700.00 | 5,532,196,600.00 | 4,964,459,100.00 | 3,725,302,200.00 |
| Current Assets | 3,088,352,100.00 | 2,194,032,900.00 | 2,052,896,700.00 | 1,607,072,900.00 |
| Cash and Short-Term Investments | 2,485,147,000.00 | 1,714,803,200.00 | 1,586,500,100.00 | 1,204,913,700.00 |
| Cash and Cash Equivalents | 2,127,627,000.00 | 1,465,427,800.00 | 1,342,814,100.00 | 1,064,990,200.00 |
| Short-Term Investments | 357,520,000.00 | 249,375,400.00 | 243,686,000.00 | 139,923,500.00 |
| Net Receivables | 272,087,900.00 | 202,010,200.00 | 231,408,900.00 | 198,362,900.00 |
| Inventory | 287,868,800.00 | 250,997,100.00 | 221,149,100.00 | 193,102,300.00 |
| Other Current Assets | 43,248,400.00 | 26,222,400.00 | 13,838,600.00 | 10,694,000.00 |
| Non-Current Assets | 3,603,412,600.00 | 3,338,163,700.00 | 2,911,562,400.00 | 2,118,229,300.00 |
| Property, Plant, Equipment Net | 3,275,108,500.00 | 3,104,899,700.00 | 2,735,751,000.00 | 2,007,853,100.00 |
| Goodwill | 6,070,900.00 | 5,796,400.00 | 5,791,800.00 | 5,379,200.00 |
| Intangible Assets | 20,211,600.00 | 16,970,300.00 | 20,207,400.00 | 21,442,500.00 |
| Long-Term Investments | 148,867,000.00 | 129,267,600.00 | 68,608,100.00 | 29,183,500.00 |
| Non-Current Deferred Assets | 65,943,300.00 | 64,175,800.00 | 69,185,900.00 | 49,153,900.00 |
| Other Non-Current Assets | 87,211,300.00 | 17,053,900.00 | 12,018,200.00 | 5,217,100.00 |
| Liabilities | 2,412,493,100.00 | 2,078,330,100.00 | 2,046,626,700.00 | 1,573,619,700.00 |
| Current Liabilities | 1,308,655,900.00 | 942,805,100.00 | 986,563,600.00 | 758,352,800.00 |
| Payables and Expenses | 1,177,460,300.00 | 855,339,300.00 | 905,384,100.00 | 601,648,600.00 |
| Account Payables | 265,435,800.00 | 227,211,400.00 | 268,379,300.00 | 193,027,800.00 |
| Current Accrued Liabilities | 451,158,800.00 | 296,667,900.00 | 293,171,000.00 | 162,267,800.00 |
| Short-Term Debt | 59,857,900.00 | 9,293,300.00 | 19,313,900.00 | 119,488,000.00 |
| Other Current Liabilities | 71,337,700.00 | 78,172,500.00 | 61,865,600.00 | 37,216,200.00 |
| Non-Current Liabilities | 1,103,837,200.00 | 1,135,525,000.00 | 1,060,063,100.00 | 815,266,900.00 |
| Long-Term Debt | 987,184,200.00 | 946,964,600.00 | 868,860,500.00 | 634,143,900.00 |
| Other Non-Current Liabilities | 116,653,000.00 | 188,560,400.00 | 191,202,600.00 | 181,123,000.00 |
| Equity | 4,279,271,600.00 | 3,453,866,500.00 | 2,917,832,400.00 | 2,151,682,500.00 |
| Shareholders Equity | 4,244,266,500.00 | 3,429,522,400.00 | 2,903,019,700.00 | 2,149,259,800.00 |
| Capital Stock | 259,327,300.00 | 259,320,700.00 | 259,303,800.00 | 259,303,800.00 |
| Share Premium | 73,260,800.00 | 69,876,400.00 | 69,330,300.00 | 64,761,500.00 |
| Retained Earnings | 3,872,973,400.00 | 3,128,639,600.00 | 2,594,891,200.00 | 1,887,802,900.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 40,413,126.00 | -28,020,822.00 | 0 | 370,451,000.00 |
| Minority Interest | 35,005,100.00 | 24,344,100.00 | 14,812,700.00 | 2,422,700.00 |
| Debt | 1,047,042,100.00 | 956,257,900.00 | 888,174,400.00 | 753,631,900.00 |
| Common Shares Outstanding | 25,932,733.24 | 25,932,070.99 | 25,930,380.46 | 25,930,380.46 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 2,894,307,700.00 | 2,161,735,800.00 | 2,263,891,300.00 | 1,587,415,000.00 |
| Cost Of Revenue | 1,269,954,100.00 | 986,625,200.00 | 915,536,500.00 | 767,877,700.00 |
| Interest Income | 87,213,400.00 | 60,293,900.00 | 22,422,200.00 | 5,708,800.00 |
| Interest Expense | 10,495,400.00 | 11,999,400.00 | 11,750,000.00 | 5,414,200.00 |
| Non-Interest Expense | 96,888,600.00 | 71,463,500.00 | 63,445,300.00 | 44,488,200.00 |
| Gross Profit | 1,624,353,600.00 | 1,175,110,600.00 | 1,348,354,800.00 | 819,537,300.00 |
| Operating Expenses | 302,350,500.00 | 253,680,700.00 | 227,128,300.00 | 169,553,700.00 |
| Selling, General and Administrative Expenses | 96,888,600.00 | 71,463,500.00 | 63,445,300.00 | 44,488,200.00 |
| Research and Development Expenses | 204,181,800.00 | 182,370,200.00 | 163,262,200.00 | 124,734,800.00 |
| Other Operating Expenses | 1,280,100.00 | -153,000.00 | 420,800.00 | 330,700.00 |
| Operating Income | 1,322,003,100.00 | 921,429,900.00 | 1,121,226,500.00 | 649,983,600.00 |
| Net Non-Operating Income | 1,118,100.00 | 1,412,400.00 | 1,020,500.00 | 1,462,800.00 |
| EBT | 1,405,840,000.00 | 979,316,500.00 | 1,144,072,200.00 | 663,036,000.00 |
| Income Tax | 248,316,100.00 | 128,288,800.00 | 150,777,500.00 | 70,155,400.00 |
| Net Income Including Non-Controlling Interests | 1,157,523,900.00 | 851,027,700.00 | 993,294,700.00 | 592,880,600.00 |
| Net Income Non-Controlling Interests | 856,300.00 | 712,300.00 | -371,300.00 | -521,400.00 |
| Net Income | 1,158,380,200.00 | 851,740,000.00 | 992,923,400.00 | 592,359,200.00 |
| EBIT | 1,416,335,400.00 | 991,315,900.00 | 1,155,822,200.00 | 668,450,200.00 |
| Deprecation and Amortization | 662,796,600.00 | 532,190,900.00 | 437,254,300.00 | 422,394,900.00 |
| EBITDA | 2,079,132,000.00 | 1,523,506,800.00 | 1,593,076,500.00 | 1,090,845,100.00 |
| EPS | 0.23 | 0.16 | 0.20 | 0.12 |
| Diluted EPS | 0.23 | 0.16 | 0.20 | 0.12 |
| Average Shares Outstanding Basic | 5,185,511.20 | 5,185,844.60 | 5,185,838.00 | 5,186,076.00 |
| Average Shares Outstanding Diluted | 5,185,929.00 | 5,185,853.40 | 5,185,838.00 | 5,186,076.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 1,826,177,100.00 | 1,241,967,300.00 | 1,610,599,200.00 | 1,112,160,700.00 |
| Operating Net Income | 1,405,840,000.00 | 979,316,500.00 | 1,144,072,200.00 | 663,036,000.00 |
| Deprecation and Amortization | 662,796,600.00 | 532,190,900.00 | 437,254,300.00 | 422,394,900.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 1,242,700.00 | 483,000.00 | 302,400.00 | 7,800.00 |
| Change in Working Capital | 13,350,900.00 | -56,852,000.00 | 122,508,500.00 | 132,466,300.00 |
| Other Operating Activities | -257,053,100.00 | -213,171,100.00 | -93,538,200.00 | -105,744,300.00 |
| Investing Cash Flow | -864,842,800.00 | -906,120,600.00 | -1,190,928,300.00 | -836,365,800.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -955,211,300.00 | -949,176,100.00 | -1,081,688,800.00 | -840,005,300.00 |
| Net Purchase/Sale of Investments Net | -54,143,100.00 | -55,781,400.00 | -128,837,700.00 | 4,676,300.00 |
| Net Purchase/Sale of Business | -3,738,800.00 | 0 | 0 | 0 |
| Other Investing Activities | 148,250,400.00 | 98,836,900.00 | 19,598,200.00 | 0 |
| Financing Cash Flow | -346,301,000.00 | -204,894,200.00 | -200,244,000.00 | 136,608,500.00 |
| Net Issuance/Repayment of Debt | 26,531,100.00 | 93,347,400.00 | 82,008,600.00 | 397,185,900.00 |
| Net Issuance/Repurchase of Equity | -3,089,200.00 | 0 | -871,600.00 | 0 |
| Dividends Paid | -363,055,200.00 | -291,721,900.00 | -285,234,200.00 | -265,786,400.00 |
| Other Financing Activities | -6,687,700.00 | -6,519,700.00 | 3,853,200.00 | 5,209,000.00 |
| Net Change in Cash | 615,033,300.00 | 130,952,500.00 | 219,426,900.00 | 412,403,400.00 |
| Cash at Beginning of Period | 1,465,427,800.00 | 1,342,814,100.00 | 1,064,990,200.00 | 660,170,600.00 |
| Cash at End of Period | 2,127,627,000.00 | 1,465,427,800.00 | 1,342,814,100.00 | 1,064,990,200.00 |
| Free Cash Flow | 861,195,500.00 | 286,568,900.00 | 520,972,800.00 | 262,724,300.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|
| Assets | 7,354,107,076.00 | 7,006,349,549.00 | 7,133,287,420.00 | 6,691,764,700.00 | 6,165,658,176.00 | 0 |
| Current Assets | 3,436,015,312.00 | 3,264,917,475.00 | 3,345,663,882.00 | 3,088,352,100.00 | 2,773,913,863.00 | 0 |
| Cash and Short-Term Investments | 2,805,054,104.00 | 2,683,632,204.00 | 2,762,568,552.00 | 2,485,147,000.00 | 1,886,780,555.00 | 0 |
| Cash and Cash Equivalents | 2,470,759,384.00 | 2,364,524,340.00 | 2,394,804,250.00 | 2,127,627,000.00 | 1,886,780,555.00 | 0 |
| Short-Term Investments | 334,294,720.00 | 319,107,864.00 | 367,764,302.00 | 357,520,000.00 | 0 | 285,131,342.00 |
| Net Receivables | 307,871,434.00 | 238,252,943.00 | 243,949,574.00 | 272,087,900.00 | 249,970,000.00 | 0 |
| Inventory | 288,689,063.00 | 304,193,716.00 | 293,387,615.00 | 287,868,800.00 | 292,883,930.00 | 0 |
| Other Current Assets | 34,400,711.00 | 38,838,612.00 | 45,758,141.00 | 43,248,400.00 | 344,279,378.00 | 0 |
| Non-Current Assets | 3,918,091,764.00 | 3,741,432,074.00 | 3,787,623,538.00 | 3,603,412,600.00 | 3,391,744,313.00 | 0 |
| Property, Plant, Equipment Net | 3,542,609,617.00 | 3,430,064,270.00 | 3,442,109,570.00 | 3,275,108,500.00 | 3,071,600,000.00 | 0 |
| Goodwill | 5,767,108.00 | 5,580,129.00 | 6,130,203.00 | 6,070,900.00 | 5,917,424.00 | 0 |
| Intangible Assets | 19,790,940.00 | 19,127,165.00 | 19,320,140.00 | 20,211,600.00 | 16,165,607.00 | 0 |
| Long-Term Investments | 148,977,534.00 | 137,426,767.00 | 160,793,296.00 | 148,867,000.00 | 127,330,000.00 | 0 |
| Non-Current Deferred Assets | 62,098,853.00 | 64,996,327.00 | 66,666,777.00 | 65,943,300.00 | 65,944,214.00 | 0 |
| Other Non-Current Assets | 138,847,712.00 | 84,237,416.00 | 92,603,552.00 | 87,211,300.00 | 104,787,068.00 | 0 |
| Liabilities | 2,318,529,274.00 | 2,389,717,699.00 | 2,531,662,963.00 | 2,412,493,100.00 | 2,143,735,885.00 | 0 |
| Current Liabilities | 1,275,906,624.00 | 1,377,314,334.00 | 1,399,802,998.00 | 1,308,655,900.00 | 1,080,399,099.00 | 0 |
| Payables and Expenses | 1,123,956,185.00 | 1,166,342,794.00 | 1,243,351,349.00 | 1,177,460,300.00 | 0 | 946,128,372.00 |
| Account Payables | 259,855,651.00 | 244,911,589.00 | 274,724,329.00 | 265,435,800.00 | 194,266,282.00 | 0 |
| Current Accrued Liabilities | 431,951,770.00 | 444,583,112.00 | 475,731,629.00 | 451,158,800.00 | 326,069,886.00 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 59,857,900.00 | 0 | 23,075,426.00 |
| Other Current Liabilities | 0 | 0 | 0 | 71,337,700.00 | 0 | 0 |
| Non-Current Liabilities | 1,042,622,650.00 | 1,012,403,365.00 | 1,131,859,965.00 | 1,103,837,200.00 | 1,063,336,786.00 | 0 |
| Long-Term Debt | 949,207,252.00 | 915,035,099.00 | 1,016,105,720.00 | 987,184,200.00 | 28,208,721.00 | 0 |
| Other Non-Current Liabilities | 93,415,398.00 | 97,368,266.00 | 115,754,245.00 | 116,653,000.00 | 1,035,128,065.00 | 0 |
| Equity | 5,035,577,802.00 | 4,616,631,850.00 | 4,601,624,457.00 | 4,279,271,600.00 | 4,021,922,291.00 | 0 |
| Shareholders Equity | 4,998,306,972.00 | 4,581,073,975.00 | 4,564,162,580.00 | 4,244,266,500.00 | 3,990,019,153.00 | 0 |
| Capital Stock | 259,325,245.00 | 259,326,155.00 | 259,326,155.00 | 259,327,300.00 | 0 | 259,336,292.00 |
| Share Premium | 73,361,113.00 | 73,326,265.00 | 73,307,187.00 | 73,260,800.00 | 72,390,172.00 | 0 |
| Retained Earnings | 4,260,828,797.00 | 4,119,740,394.00 | 3,851,130,370.00 | 3,872,973,400.00 | 3,346,232,342.00 | 0 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 3,089,177.00 |
| Accumulated Other Comprehensive Income | 492,701,747.00 | 311,146,899.00 | 311,146,899.00 | 40,413,126.00 | 0 | 311,146,899.00 |
| Minority Interest | 37,270,830.00 | 35,557,875.00 | 37,461,877.00 | 35,005,100.00 | 31,903,138.00 | 0 |
| Debt | 949,207,252.00 | 915,035,099.00 | 1,016,105,720.00 | 1,047,042,100.00 | 28,208,721.00 | 0 |
| Net Debt | 0 | 0 | 0 | 0 | 936,160,000.00 | 0 |
| Common Shares Outstanding | 25,932,615.52 | 25,932,615.52 | 25,932,733.00 | 25,932,733.24 | 25,932,733.00 | 0 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 989,918,318.00 | 933,791,869.00 | 839,253,664.00 | 868,461,179.00 | 759,692,143.00 |
| Cost Of Revenue | 401,375,489.00 | 386,422,631.00 | 345,858,588.00 | 356,082,992.00 | 320,346,477.00 |
| Interest Income | 26,180,345.00 | 25,191,998.00 | 24,859,312.00 | 24,273,341.00 | 22,601,654.00 |
| Interest Expense | 2,958,568.00 | 3,691,095.00 | 2,677,274.00 | 2,523,215.00 | 2,635,790.00 |
| Non-Interest Expense | 24,022,200.00 | 23,228,620.00 | 28,638,563.00 | 29,107,571.00 | 26,295,078.00 |
| Gross Profit | 588,542,829.00 | 547,369,238.00 | 493,395,076.00 | 512,378,187.00 | 439,345,666.00 |
| Operating Expenses | 87,858,011.00 | 83,928,740.00 | 86,305,908.00 | 86,679,956.00 | 78,579,377.00 |
| Selling, General and Administrative Expenses | 24,022,200.00 | 23,228,620.00 | 28,638,563.00 | 29,107,571.00 | 26,295,078.00 |
| Research and Development Expenses | 63,742,245.00 | 61,279,719.00 | 56,547,493.00 | 57,231,334.00 | 52,783,826.00 |
| Other Operating Expenses | 93,566.00 | -579,599.00 | 1,119,852.00 | 341,051.00 | -499,527.00 |
| Operating Income | 500,684,818.00 | 463,440,498.00 | 407,089,168.00 | 425,698,231.00 | 360,766,289.00 |
| Net Non-Operating Income | 352,353.00 | 544,208.00 | 26,864.00 | 508,544.00 | 86,522.00 |
| EBT | 525,369,023.00 | 493,035,204.00 | 430,895,412.00 | 448,799,369.00 | 384,186,852.00 |
| Income Tax | 73,613,661.00 | 95,541,780.00 | 70,162,751.00 | 89,238,340.00 | 59,106,682.00 |
| Net Income Including Non-Controlling Interests | 451,755,362.00 | 397,493,424.00 | 360,732,661.00 | 359,561,029.00 | 325,080,170.00 |
| Net Income Non-Controlling Interests | 546,045.00 | 779,678.00 | 831,467.00 | 231,195.00 | 177,401.00 |
| Net Income | 452,301,407.00 | 398,273,102.00 | 360,732,661.00 | 359,792,224.00 | 325,257,571.00 |
| EBIT | 528,327,591.00 | 496,726,299.00 | 433,572,686.00 | 451,322,584.00 | 386,822,642.00 |
| Deprecation and Amortization | 162,787,271.00 | 188,057,912.00 | 175,139,079.00 | 170,378,287.00 | 168,228,557.00 |
| EBITDA | 691,114,862.00 | 684,784,211.00 | 608,711,765.00 | 621,700,871.00 | 386,822,642.00 |
| EPS | 0.09 | 0.08 | 0.07 | 0.07 | 0.06 |
| Diluted EPS | 0.09 | 0.08 | 0.07 | 0.07 | 0.06 |
| Average Shares Outstanding Basic | 5,185,722.80 | 5,185,651.00 | 5,185,800.00 | 5,186,546.65 | 5,185,203.60 |
| Average Shares Outstanding Diluted | 5,186,008.60 | 5,185,775.40 | 5,185,800.00 | 5,186,546.65 | 5,185,644.80 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 426,829,081.00 | 497,064,085.00 | 625,573,672.00 | 620,205,315.00 | 391,992,467.00 |
| Operating Net Income | 525,369,023.00 | 493,035,204.00 | 430,895,412.00 | 448,799,369.00 | 384,186,852.00 |
| Deprecation and Amortization | 162,787,271.00 | 188,057,912.00 | 175,139,079.00 | 170,378,287.00 | 168,228,557.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 273,416.00 | 344,406.00 | 455,241.00 | 506,952.00 | 322,961.00 |
| Change in Working Capital | -108,609,052.00 | -13,112,531.00 | 37,824,639.00 | 21,772,422.00 | -44,597,636.00 |
| Other Operating Activities | -152,991,577.00 | -171,260,906.00 | -18,740,699.00 | -21,251,715.00 | -116,148,267.00 |
| Investing Cash Flow | -259,752,617.00 | -228,488,307.00 | -290,192,426.00 | -311,918,558.00 | -195,509,921.00 |
| Capital Expenditure | -287,450,000.00 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -287,395,382.00 | -297,114,244.00 | -330,710,178.00 | -361,704,542.00 | -206,991,844.00 |
| Net Purchase/Sale of Investments Net | -1,163,170.00 | 11,732,096.00 | -16,843,676.00 | -20,370,042.00 | -19,605,052.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 316,255,935.00 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | -128,293,126.00 | -119,700,601.00 | -84,665,592.00 | -100,732,513.00 | -83,638,287.00 |
| Net Issuance/Repayment of Debt | -8,514,180.00 | 2,656,680.00 | 19,984,648.00 | 4,408,282.00 | 10,470,081.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | -23.00 | 0 |
| Dividends Paid | -116,697,301.00 | -116,697,300.00 | -103,721,521.00 | -103,734,492.00 | -90,762,247.00 |
| Other Financing Activities | -3,081,645.00 | 0 | 0 | -1,406,280.00 | -3,346,121.00 |
| Net Change in Cash | 38,783,338.00 | 148,875,177.00 | 250,715,654.00 | 207,554,244.00 | 112,844,259.00 |
| Cash at Beginning of Period | 2,364,524,340.00 | 2,394,804,250.00 | 2,127,627,043.00 | 1,886,780,555.00 | 1,799,127,351.00 |
| Cash at End of Period | 2,470,759,384.00 | 2,364,524,340.00 | 2,394,804,250.00 | 2,127,627,000.00 | 1,886,780,555.00 |
| Free Cash Flow | 138,385,742.00 | 197,501,479.00 | 292,450,115.00 | 255,196,991.00 | 184,088,649.00 |