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Page: Company Financials

Jiangxi Hongcheng Environment Co.,Ltd.

Ticker: 600461.SS | Industry: Regulated Water | Sector: Utilities
$9.65 -0.07 (-0.72%)
As of: 2026-01-28

Master Data Export

Enterprise Value

Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Stock Price 9.23 10.41 8.37 7.43 7.71 6.57 6.23 5.98 6.99 7.61 7.36 5.33 4.28 4.04 5.51 5.72 3.51 2.64 3.99 1.94 1.88 3.05 3.86
Market Capitalization 11,827.44M 12,525.90M 9,137.29M 8,765.82M 7,820.81M 6,106.58M 4,952.06M 4,759.30M 5,529.66M 5,755.16M 4,457.80M 3,198.24M 2,522.85M 2,341.85M 2,969.96M 2,172.10M 1,322.01M 996.81M 1,507.39M 731.87M 710.56M 1,152.77M 1,458.91M
(-) Cash & Equivalents 2,491.92M 2,642.45M 2,492.19M 2,698.03M 3,175.95M 2,723.72M 1,632.26M 1,461.37M 1,007.05M 820.34M 360.06M 245.66M 226.05M 187.81M 186.17M 87.93M 60.53M 66.95M 76.24M 118.43M 125.77M 137.15M 13.66M
(+) Total Debt 7,563.34M 7,882.36M 8,107.12M 7,055.46M 6,422.37M 4,967.40M 3,595.77M 3,152.06M 2,277.56M 2,173.85M 2,185.54M 2,067.04M 2,095.41M 2,068.60M 1,853.14M 606.25M 131.75M 133.31M 109.79M 121.17M 92.36M 56.55M 55.54M
Enterprise Value 16,898.85M 17,765.81M 14,752.21M 13,123.25M 11,067.23M 8,350.25M 6,915.56M 6,449.99M 6,800.17M 7,108.67M 6,283.27M 5,019.63M 4,392.21M 4,222.64M 4,636.93M 2,690.42M 1,393.24M 1,063.17M 1,540.94M 734.61M 677.14M 1,072.17M 1,500.79M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31 2002-12-31 2001-12-31
Revenue 8,009M 7,978M 8,227M 8,048M 7,781M 9,134M 6,601M 5,381M 4,378M 3,544M 3,091M 3,090M 1,448M 1,188M 1,042M 993M 843M 411M 190M 183M 170M 153M 134M 128M 117M 109M
Cost of Revenue 5,460M 5,463M 5,643M 5,604M 5,494M 6,784M 4,984M 4,054M 3,319M 2,745M 2,359M 2,335M 971M 804M 668M 638M 531M 141M 129M 116M 106M 94M 79M 73M 64M 58M
Gross Profit 2,549M 2,515M 2,583M 2,444M 2,288M 2,350M 1,617M 1,327M 1,059M 799M 732M 755M 477M 384M 374M 356M 312M 269M 61M 66M 65M 58M 55M 55M 53M 51M
Gross Profit Margin 31.8% 31.5% 31.4% 30.4% 29.4% 25.7% 24.5% 24.7% 24.2% 22.5% 23.7% 24.4% 32.9% 32.3% 35.9% 35.8% 37.0% 65.6% 32.2% 36.3% 37.9% 38.1% 41.1% 42.8% 45.5% 47.1%
R&D Expenses 137M 128M 129M 127M 121M 103M 68M 61M 29M 23M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 526M 565M 559M 566M 551M 535M 421M 396M 355M 311M 308M 259M 146M 123M 103M 47M 46M 22M 20M 17M 16M 14M 15M 10M 9M 9M
Operating Expenses 907M 954M 937M 948M 957M 836M 661M 598M 520M 343M 433M 408M 299M 272M 124M 243M 205M 23M 21M 18M 21M 14M 16M 16M 15M 9M
Operating Income (EBIT) 1,642M 1,561M 1,647M 1,496M 1,331M 1,514M 957M 729M 539M 456M 299M 348M 178M 112M 250M 113M 107M 246M 41M 48M 43M 44M 39M 39M 38M 42M
Operating Income Margin 20.5% 19.6% 20.0% 18.6% 17.1% 16.6% 14.5% 13.5% 12.3% 12.9% 9.7% 11.2% 12.3% 9.4% 24.0% 11.4% 12.7% 60.0% 21.3% 26.4% 25.4% 28.9% 29.2% 30.2% 32.5% 38.4%
Interest Income 61M 61M 64M 48M 51M 56M 26M 16M 14M 15M 9M 10M 2M 1M 2M 3M 2M 0M 0M 1M 2M 1M 1M 0M 0M 0M
Interest Expense -6M 241M 272M 312M 344M 315M 171M 155M 148M 99M 101M 118M 132M 135M 145M 134M 91M 10M 11M 7M 5M 4M 2M 4M 5M 6M
Net Interest Income 67M -180M -208M -263M -292M -259M -145M -139M -134M -84M -92M -107M -130M -134M -143M -131M -89M -9M -11M -6M -3M -3M -1M -4M -4M -5M
Unusual Items -108M 152M 194M 244M 283M 256M 152M 137M 135M 85M 178M 139M 138M 140M 11M 137M 92M -229M 0M 2M 3M 0M 0M 4M 4M 0M
EBT Excluding Unusual Items 1,709M 1,380M 1,439M 1,233M 1,038M 1,255M 812M 590M 406M 372M 207M 240M 48M -22M 107M -18M 19M 237M 30M 42M 41M 41M 38M 34M 34M 36M
Pre-Tax Income 1,601M 1,532M 1,634M 1,477M 1,321M 1,511M 964M 726M 541M 457M 385M 379M 186M 118M 118M 118M 110M 8M 30M 44M 43M 41M 38M 38M 38M 37M
Pre-Tax Margin 20.0% 19.2% 19.9% 18.4% 17.0% 16.5% 14.6% 13.5% 12.4% 12.9% 12.5% 12.3% 12.8% 9.9% 11.3% 11.9% 13.1% 2.0% 15.7% 24.3% 25.3% 26.7% 28.6% 29.8% 32.3% 33.8%
Income Tax Expense 293M 267M 296M 238M 213M 282M 180M 146M 123M 108M 94M 80M 34M 17M 16M 19M 15M 7M 8M 15M 14M 14M 13M 13M 12M 12M
Net Income 1,201M 1,117M 1,190M 1,083M 962M 1,021M 664M 489M 336M 274M 232M 257M 148M 100M 101M 99M 93M 21M 21M 29M 29M 27M 26M 25M 25M 25M
Net Income Margin 15.0% 14.0% 14.5% 13.5% 12.4% 11.2% 10.1% 9.1% 7.7% 7.7% 7.5% 8.3% 10.2% 8.4% 9.7% 9.9% 11.1% 5.1% 10.9% 16.1% 16.9% 17.9% 19.0% 19.9% 21.6% 22.5%
Depreciation & Amortization 761M 1,015M 1,019M 1,017M 957M 793M 510M 483M 412M 340M 313M 283M 223M 217M 210M 203M 165M 92M 46M 41M 36M 26M 19M 18M 0M 0M
EBITDA 2,403M 2,576M 2,666M 2,513M 2,287M 2,308M 1,467M 1,212M 952M 796M 612M 631M 401M 328M 459M 316M 272M 338M 87M 89M 79M 70M 58M 57M 38M 42M
EBITDA Margin 30.0% 32.3% 32.4% 31.2% 29.4% 25.3% 22.2% 22.5% 21.7% 22.5% 19.8% 20.4% 27.7% 27.6% 44.1% 31.8% 32.2% 82.3% 45.7% 48.5% 46.4% 45.8% 43.2% 44.6% 32.5% 38.4%
NOPAT 1,342M 1,288M 1,349M 1,255M 1,116M 1,231M 778M 583M 417M 349M 226M 275M 145M 96M 216M 95M 92M 28M 30M 32M 29M 29M 26M 26M 25M 28M
NOPAT Margin 16.8% 16.1% 16.4% 15.6% 14.3% 13.5% 11.8% 10.8% 9.5% 9.8% 7.3% 8.9% 10.0% 8.1% 20.7% 9.6% 10.9% 6.7% 15.5% 17.6% 17.0% 19.3% 19.5% 20.1% 21.8% 25.5%
Owner's Earnings 995M 755M 320M 228M 296M -94M -1,113M -216M -843M -165M -33M 205M -16M -26M -20M 162M -1,626M 40M 16M 5M -33M -37M -16M 4M 25M 25M
Owner's Earnings Margin 12.4% 9.5% 3.9% 2.8% 3.8% -1.0% -16.9% -4.0% -19.3% -4.7% -1.1% 6.6% -1.1% -2.2% -1.9% 16.3% -192.9% 9.9% 8.2% 2.5% -19.3% -24.1% -11.8% 2.9% 21.6% 22.5%
EPS (Basic) 0.94 0.96 0.97 0.99 0.92 0.99 0.70 0.61 0.43 0.35 0.30 0.35 0.25 0.17 0.17 0.17 0.23 0.06 0.05 0.08 0.08 0.07 0.07 0.10 0.07 0.07
EPS (Diluted) 0.78 0.86 0.87 0.84 0.76 0.81 0.69 0.61 0.43 0.35 0.30 0.43 0.25 0.17 0.17 0.17 0.23 0.06 0.05 0.08 0.08 0.07 0.07 0.07 0.07 0.06
Shares (Basic) 1,280M 1,159M 1,227M 1,094M 1,051M 1,032M 948M 801M 781M 783M 775M 733M 593M 597M 585M 592M 400M 378M 378M 378M 378M 378M 378M 378M 378M 378M
Shares (Diluted) 1,535M 1,293M 1,368M 1,289M 1,261M 1,261M 962M 801M 781M 783M 775M 599M 593M 597M 585M 592M 400M 378M 378M 378M 378M 378M 378M 378M 378M 378M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31 2002-12-31 2001-12-31
Cash & Cash Equivalents 2,416.25M 2,450.16M 2,853.83M 2,635.39M 2,333.86M 2,944.30M 4,161.88M 2,252.55M 1,422.47M 1,420.66M 936.25M 359.56M 294.14M 213.16M 183.05M 190.41M 241.49M 57.22M 55.01M 52.15M 101.55M 121.87M 205.35M 27.33M 14.20M 36.58M
Short-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 2,416.25M 2,450.16M 2,853.83M 2,635.39M 2,333.86M 2,944.30M 4,161.88M 2,252.55M 1,422.47M 1,420.66M 936.25M 359.56M 294.14M 213.16M 183.05M 190.41M 241.49M 57.22M 55.01M 52.15M 101.55M 121.87M 205.35M 27.33M 14.20M 36.58M
Net Receivables 3,642.24M 3,483.92M 2,953.56M 2,166.75M 1,830.38M 1,279.37M 1,194.83M 929.19M 698.66M 573.62M 641.01M 0.00M 277.58M 247.10M 188.87M 0.00M 0.00M 31.90M 34.17M 76.05M 52.80M 45.01M 21.49M 11.82M 9.96M 0.00M
Inventory 385.45M 328.74M 246.33M 301.48M 326.17M 360.25M 247.85M 356.03M 219.31M 202.77M 131.58M 66.34M 36.17M 25.13M 23.96M 17.85M 12.02M 5.40M 5.96M 5.33M 5.35M 5.22M 0.58M 0.57M 0.51M 0.32M
Other Current Assets 241.96M 241.53M 203.84M 397.30M 384.15M 266.85M 484.23M 299.75M 257.83M 213.38M 303.69M 129.54M 55.13M 57.29M 14.47M 0.00M 0.00M 615.76M 0.20M 9.16M 52.93M 0.10M 0.15M 11.44M 1.48M 9.20M
Total Current Assets 6,685.90M 6,504.35M 6,257.56M 5,500.92M 4,874.57M 4,850.77M 6,088.79M 3,837.52M 2,598.27M 2,410.43M 2,012.54M 555.44M 663.02M 542.68M 410.35M 208.26M 253.51M 710.29M 95.33M 142.70M 212.62M 172.20M 227.57M 51.15M 26.15M 46.10M
Property, Plant & Equipment 5,659.49M 5,597.05M 5,643.07M 5,582.05M 5,425.56M 4,340.56M 6,069.78M 4,546.30M 3,875.41M 3,413.89M 3,054.24M 1,868.39M 1,624.55M 1,369.49M 1,027.39M 858.39M 836.00M 383.49M 380.91M 486.92M 490.41M 440.91M 312.67M 248.02M 230.60M 193.38M
Goodwill 69.01M 69.01M 69.01M 69.01M 69.01M 69.01M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 9,692.35M 9,682.86M 9,913.32M 10,117.34M 10,143.64M 9,851.70M 4,474.46M 3,492.37M 3,382.38M 2,492.90M 2,565.79M 2,472.34M 2,435.28M 2,490.69M 2,616.09M 2,674.72M 2,694.65M 208.47M 223.15M 2.97M 0.28M 0.37M 0.13M 0.09M 0.00M 0.00M
Long-Term Investments 75.51M 2,494.25M 0.00M 0.47M 73.51M 71.87M 76.79M 109.14M 106.21M 138.27M 116.91M 136.12M 257.04M 255.90M 261.69M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Assets 190.57M 190.49M 183.36M 138.27M 81.98M 99.31M 94.27M 68.22M 64.93M 57.87M 49.97M 34.66M 22.01M 14.54M 13.06M 16.86M 3.23M 0.45M 0.41M 0.39M 0.51M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Assets 2,518.19M 75.06M 2,464.72M 1,449.55M 355.73M 389.00M 1.69M 23.45M -1.94M -1.00M -1.00M -1.00M 0.01M 0.02M 0.00M 73.69M 51.07M 15.71M 0.30M 0.69M -0.21M 3.00M 0.00M 0.51M 1.56M 0.59M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 18,205.12M 18,108.71M 18,273.49M 17,356.69M 16,149.41M 14,821.45M 10,717.00M 8,239.48M 7,426.99M 6,101.93M 5,785.90M 4,510.52M 4,338.88M 4,130.64M 3,918.22M 3,623.65M 3,584.95M 608.13M 604.77M 490.97M 490.99M 444.28M 312.80M 248.62M 232.16M 193.98M
Total Assets 24,891.02M 24,613.06M 24,531.05M 22,857.60M 21,023.98M 19,672.22M 16,805.79M 12,077.00M 10,025.27M 8,512.36M 7,798.44M 5,065.96M 5,001.90M 4,673.32M 4,328.58M 3,831.91M 3,838.46M 1,318.41M 700.10M 633.66M 703.61M 616.48M 540.38M 299.78M 258.31M 240.07M
Accounts Payable 2,903.51M 2,856.88M 3,106.30M 1,491.58M 3,196.61M 3,253.18M 2,135.46M 1,348.67M 1,190.09M 775.27M 961.54M 731.59M 348.41M 337.87M 171.35M 87.38M 65.36M 49.79M 5.35M 7.51M 6.82M 0.87M 0.61M 0.37M 0.45M 0.51M
Short-Term Debt 2,640.87M 1,765.77M 2,016.35M 2,085.00M 1,700.02M 2,112.95M 2,176.39M 1,225.34M 1,322.16M 1,262.50M 835.97M 246.95M 65.00M 60.00M 192.37M 287.12M 181.00M 50.92M 52.00M 58.10M 61.10M 65.10M 72.00M 12.00M 12.00M 12.00M
Tax Payables 0.00M 121.42M 172.27M 135.43M 100.96M 105.58M 136.33M 101.28M 90.77M 55.75M 68.57M 72.75M 57.77M 30.32M 17.33M 14.00M 12.32M 2.29M 2.50M 8.27M 3.99M 1.59M 1.19M 3.44M 0.83M 0.41M
Deferred Revenue 802.31M 0.00M 0.00M 0.00M 740.79M 1,393.86M 1,361.71M 512.69M 90.77M 516.71M 532.74M 462.67M 473.68M 260.07M 249.73M 342.33M 318.20M 4.69M 2.50M 8.27M 3.99M 1.59M 1.19M 3.06M 0.83M 0.00M
Other Current Liabilities 1,849.15M 1,689.03M 1,739.61M 3,541.18M 2,395.91M 1,542.25M 611.27M 1,567.52M 1,754.88M 1,510.24M 1,127.18M 1,041.39M 178.81M 171.21M 267.67M 29.15M 452.06M 14.32M 0.00M -8.27M 40.26M 76.86M 0.43M 2.91M 0.25M 0.71M
Total Current Liabilities 8,195.85M 6,433.11M 7,034.53M 7,253.19M 8,134.29M 8,407.82M 6,421.16M 4,755.50M 4,448.66M 4,120.48M 3,526.01M 2,555.34M 1,123.67M 859.47M 898.44M 759.98M 1,028.94M 122.00M 62.35M 73.88M 116.15M 146.01M 75.43M 21.78M 14.35M 13.63M
Long-Term Debt 5,283.28M 5,415.59M 5,336.81M 4,928.22M 5,215.95M 4,179.56M 3,972.37M 1,921.41M 1,630.33M 1,215.26M 1,333.89M 1,953.50M 1,888.56M 1,910.19M 1,927.31M 1,541.91M 1,670.51M 103.33M 75.38M 55.86M 66.56M 22.23M 24.22M 96.21M 77.36M 65.18M
Capital Lease Obligations 0.00M 70.31M 69.73M 73.45M 78.94M 45.28M 43.84M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 18.83M 18.83M 19.15M 11.69M 0.24M 112.96M 101.10M 11.94M -1,618.33M -1,202.76M -1,320.05M -1,940.06M -1,878.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 190.87M 191.59M 161.06M 125.03M 94.21M 1,392.56M 0.34M 0.34M 138.58M 124.89M 102.72M 101.11M 102.52M 93.24M 19.19M 15.65M 1.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Liabilities 5,492.99M 5,696.32M 5,586.75M 5,138.38M 5,389.33M 5,730.36M 4,117.65M 1,933.69M 150.58M 137.38M 116.55M 114.55M 113.09M 2,003.43M 1,946.51M 1,557.56M 1,671.51M 103.33M 75.38M 55.86M 66.56M 22.23M 24.22M 96.21M 77.36M 65.18M
Total Liabilities 13,688.84M 12,129.43M 12,621.28M 12,391.57M 13,523.63M 14,138.19M 10,538.80M 6,689.19M 4,599.24M 4,257.86M 3,642.56M 2,669.89M 1,236.75M 2,862.90M 2,844.95M 2,317.54M 2,700.45M 225.33M 137.73M 129.75M 182.71M 168.24M 99.64M 117.99M 91.71M 78.81M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 1,284.16M 1,284.16M 1,284.15M 1,130.85M 1,090.11M 952.83M 948.04M 948.04M 789.59M 789.59M 789.59M 330.00M 330.00M 330.00M 330.00M 330.00M 220.00M 140.00M 140.00M 140.00M 140.00M 140.00M 140.00M 90.00M 90.00M 90.00M
Retained Earnings 4,488.13M 4,164.25M 4,151.25M 3,571.54M 2,974.17M 2,311.82M 1,922.05M 1,565.10M 1,239.93M 920.19M 805.70M 412.59M 286.20M 187.40M 126.46M 101.70M 29.34M 66.71M 59.10M 55.29M 42.82M 30.88M 21.68M 21.65M 21.53M 19.23M
Accumulated OCI 3,958.68M 579.96M 579.56M 679.85M 670.56M 611.28M 539.28M 213.60M 183.89M 187.27M 170.95M 166.09M 2.70M 2.42M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Minority Interest 1,192.58M 1,171.02M 1,162.18M 1,027.38M 983.41M 579.94M 560.31M 421.20M 330.62M 344.14M 305.73M 56.84M 56.90M 53.89M 44.85M 40.09M 35.95M 34.58M 29.46M 12.99M 12.67M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 9,730.96M 6,028.36M 6,014.96M 5,382.24M 4,734.85M 3,875.94M 3,409.37M 2,726.73M 2,213.42M 1,897.05M 1,766.25M 908.68M 618.90M 519.82M 456.46M 431.70M 249.34M 206.71M 199.10M 195.29M 182.82M 170.88M 161.68M 111.65M 111.53M 109.23M
Total Equity 10,923.55M 7,199.38M 7,177.14M 6,409.61M 5,718.25M 4,455.87M 3,969.68M 3,147.93M 2,544.04M 2,241.19M 2,071.98M 965.52M 675.81M 573.72M 501.31M 471.79M 285.28M 241.29M 228.56M 208.28M 195.49M 170.88M 161.68M 111.65M 111.53M 109.23M
Total Liabilities & Equity 24,612.39M 19,328.81M 19,798.42M 18,801.19M 19,241.88M 18,594.06M 14,508.48M 9,837.12M 7,143.28M 6,499.05M 5,714.54M 3,635.41M 1,912.56M 3,436.61M 3,346.26M 2,789.33M 2,985.74M 466.63M 366.29M 338.03M 378.20M 339.12M 261.32M 229.64M 203.24M 188.04M
Tangible Assets 15,129.66M 14,861.19M 14,548.72M 12,671.25M 10,811.33M 9,751.50M 12,331.33M 8,584.63M 6,642.89M 6,019.46M 5,232.65M 2,593.61M 2,566.62M 2,182.64M 1,712.49M 1,157.20M 1,143.81M 1,109.94M 476.95M 630.69M 703.33M 616.11M 540.25M 299.69M 258.31M 240.07M
Tangible Equity 1,162.19M -2,552.49M -2,805.19M -3,776.73M -4,494.39M -5,464.84M -504.79M -344.43M -838.33M -251.71M -493.81M -1,506.83M -1,759.47M -1,916.97M -2,114.78M -2,202.93M -2,409.37M 32.82M 5.41M 205.31M 195.21M 170.51M 161.55M 111.56M 111.53M 109.23M
Tangible Book Value 1,162.19M -2,552.49M -2,805.19M -3,776.73M -4,494.39M -5,464.84M -504.79M -344.43M -838.33M -251.71M -493.81M -1,506.83M -1,759.47M -1,916.97M -2,114.78M -2,202.93M -2,409.37M 32.82M 5.41M 205.31M 195.21M 170.51M 161.55M 111.56M 111.53M 109.23M
Total Investments 75.51M 2,494.25M 0.00M 0.47M 73.51M 71.87M 76.79M 109.14M 106.21M 138.27M 116.91M 136.12M 257.04M 255.90M 261.69M 73.69M 51.07M 15.71M 0.30M 0.30M 0.30M 3.00M 0.00M 0.00M 0.00M 0.00M
Net Debt 5,507.91M 4,731.21M 4,499.33M 4,377.83M 4,582.10M 3,348.21M 1,986.88M 894.20M 1,530.02M 1,057.10M 1,233.61M 1,840.88M 1,659.42M 1,757.03M 1,936.63M 1,638.63M 1,610.02M 97.03M 72.37M 61.81M 26.12M -34.55M -109.13M 80.88M 75.16M 40.60M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31 2002-12-31 2001-12-31
Working Capital -1,587.2M -1,714.3M -2,004.5M -3,112.2M -2,534.6M -1,587.8M -503.9M -959.8M -1,798.5M -1,205.1M -961.8M -370.7M -436.2M -327.6M -251.3M -392.4M -338.4M 24.8M -14.7M 57.1M 52.1M 29.4M 149.6M 18.2M 11.3M 30.5M
Total Capital 17,723.4M 16,656.9M 16,816.6M 15,024.2M 14,102.9M 12,294.6M 11,991.2M 8,425.6M 6,746.2M 5,892.6M 5,251.6M 4,230.8M 3,943.3M 3,854.5M 3,792.9M 3,462.6M 3,506.0M 649.3M 612.6M 593.2M 591.5M 538.8M 534.4M 281.7M 255.4M 236.5M
Capital Employed 16,617.9M 16,394.4M 16,269.0M 14,244.5M 13,614.9M 10,897.5M 10,213.1M 7,279.6M 5,628.5M 4,896.9M 4,824.1M 4,139.8M 3,902.7M 3,803.0M 3,666.9M 3,231.2M 3,246.6M 632.9M 590.1M 548.1M 543.1M 473.7M 462.4M 266.8M 243.4M 224.5M
Invested Capital 15,307.2M 14,206.8M 13,962.8M 12,388.9M 11,769.0M 9,350.3M 7,829.3M 6,173.1M 5,323.7M 4,472.0M 4,315.4M 3,871.2M 3,649.1M 3,641.3M 3,609.8M 3,272.2M 3,264.5M 592.1M 557.6M 541.1M 489.9M 416.9M 329.1M 254.4M 241.2M 199.9M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31
Net Income 655.76M 799.58M 1,337.74M 1,239.57M 1,092.22M 949.88M 784.41M 580.84M 418.06M 349.08M 290.49M 193.14M 151.90M 101.30M 101.78M 99.85M 95.02M 22.40M 20.70M 29.37M 28.75M 27.29M 25.50M 25.47M
Depreciation & Amortization 0.00M 782.57M 1,036.34M 1,032.69M 968.09M 651.91M 509.95M 483.72M 412.39M 340.48M 312.53M 235.39M 223.13M 216.53M 209.66M 202.82M 164.60M 46.82M 46.39M 40.53M 35.81M 25.80M 18.75M 18.43M
Deferred Income Tax 0.00M 0.00M 0.00M -44.21M 11.45M 6.05M -15.54M -0.68M -7.06M -7.91M -6.11M -12.85M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital -581.33M -1,710.77M -685.92M -825.18M -210.43M -462.61M -137.32M -49.05M 109.19M 26.45M 25.66M -20.48M 43.92M 6.68M -54.23M 27.01M -115.15M 1.16M 14.67M -4.61M -5.05M -23.70M -9.12M 4.18M
Accounts Receivable -498.92M -1,651.05M -802.23M -1,170.78M -121.30M -366.11M -228.47M -246.02M -252.07M 165.12M -99.48M -55.29M -41.94M -70.99M -32.70M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory -82.41M -59.72M 55.15M 30.50M 51.48M -112.20M -0.61M -136.72M -16.54M -71.19M -16.31M -30.17M -11.04M -1.17M -6.10M -6.03M -1.78M 0.56M -0.63M 0.01M -0.13M -4.64M -0.01M -0.05M
Accounts Payable 0.00M 0.00M 61.17M 315.10M -152.06M 70.49M 107.31M 334.36M 384.86M -59.58M 147.56M 152.56M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Working Capital 0.00M 0.00M 0.00M 0.00M 11.45M -54.79M -15.54M -0.68M 125.72M 97.64M 41.97M 9.69M 54.96M 7.85M -48.13M 33.04M -113.37M 0.60M 15.29M -4.62M -4.92M -19.06M -9.11M 4.23M
Other Non-Cash Items 1,504.95M 1,261.86M 285.99M 325.95M 323.26M 241.98M 215.11M 186.03M 182.52M 58.96M 94.63M 95.68M 122.77M 122.85M 139.44M 144.14M 71.89M 9.52M 12.54M 3.82M 5.83M 3.78M 2.49M 6.99M
Net Cash from Operating Activities 1,579.38M 926.94M 1,974.15M 1,728.83M 2,187.61M 1,381.16M 1,372.15M 1,201.54M 1,122.16M 774.97M 723.31M 503.72M 541.71M 447.36M 396.65M 473.82M 216.36M 79.89M 94.30M 69.10M 65.35M 33.17M 37.61M 55.06M
Capital Expenditures (PPE) -966.67M -1,377.23M -1,889.53M -1,871.77M -1,622.72M -1,908.92M -2,287.23M -1,187.75M -1,591.53M -779.53M -578.01M -334.14M -387.70M -342.41M -329.91M -139.26M -1,884.24M -72.24M -51.58M -65.37M -97.62M -89.88M -60.11M -40.14M
Acquisitions (Net) 10.14M 47.07M 0.00M 1.37M 15.52M 55.75M 114.34M -1.95M 0.63M 62.85M 3.68M 334.18M 387.74M 0.15M 0.05M -9.48M 0.04M 0.03M 0.00M 0.04M 97.70M 89.98M 60.11M 0.00M
Purchases of Investments 0.00M -47.15M 0.00M 0.00M -383.64M -55.75M -114.34M 59.88M -32.91M -8.12M -166.20M -129.54M -180.00M -182.60M -202.00M -76.48M -1,129.25M -15.55M -16.07M -163.29M -55.37M -62.15M -78.33M 0.00M
Sales / Maturities of Investments 20.15M 1.35M 0.00M 4.37M 6.93M 10.34M 45.74M 8.75M 25.27M 174.38M 158.21M 195.90M 195.88M 203.32M 26.81M 3.71M 15.70M 0.08M 2.08M 164.46M 45.41M 60.00M 79.16M 0.00M
Other Investing Activities -9.29M 45.11M 0.73M 42.44M 45.91M 313.40M 81.37M 0.16M -7.50M -10.00M 5.46M -334.14M -387.70M 0.05M -1.09M 0.86M 0.15M 5.00M 17.00M -24.00M -97.62M -89.88M -60.11M -40.14M
Net Cash from Investing Activities -945.67M -1,330.86M -1,888.80M -1,823.60M -1,938.00M -1,585.17M -2,160.12M -1,120.90M -1,606.03M -560.41M -576.86M -267.74M -371.78M -321.50M -506.13M -220.64M -2,997.61M -82.68M -48.57M -88.17M -107.50M -91.93M -59.28M -40.14M
Net Debt Issuance -203.65M 845.99M 758.45M 1,134.22M -1,025.26M -272.72M 3,116.03M 452.87M 491.24M 509.72M -52.07M -28.05M -21.59M -8.31M 300.04M -137.84M 1,566.73M 64.97M 14.35M -13.96M 38.53M -6.90M -39.09M 23.67M
Long-Term Debt Issuance -210.51M 674.06M 758.45M 1,134.22M -971.30M -169.31M 3,116.03M 452.87M 537.20M 509.72M -52.07M 88.08M -21.59M -8.31M 300.04M -137.84M 1,566.73M 64.97M 14.35M -13.96M 38.53M -6.90M -39.09M 23.67M
Short-Term Debt Issuance 6.85M 0.00M 0.00M 0.00M -53.96M -103.41M 0.00M 0.00M -45.96M 0.00M 0.00M -116.14M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -275.88M -1,018.82M -607.83M -783.48M -519.66M -399.15M -246.49M -134.23M -177.50M -301.96M -268.42M -164.24M -176.70M -172.22M -196.10M -164.41M -82.22M -21.24M -24.29M -20.67M -19.59M -17.82M -23.79M -26.06M
Common Dividends Paid -275.88M -788.43M -607.83M -783.48M -754.73M -698.57M -437.70M -305.70M -177.50M -250.25M -268.42M -184.30M -176.70M -172.22M -196.10M -164.41M -82.22M -21.24M -24.29M -20.67M -19.59M -17.82M -23.79M -26.06M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities -468.89M -77.92M -11.95M 30.34M 345.77M 147.60M 7.38M 819.60M -62.70M 24.38M 532.47M 42.73M 111.40M 80.46M -1.85M 0.00M 1,434.35M 545.33M -36.13M 0.00M 1.88M 0.00M 262.58M 0.58M
Net Cash from Financing Activities -948.42M -20.35M 138.68M 381.08M -1,428.06M -988.08M 2,685.71M 966.76M 251.05M 283.85M 211.99M -169.63M -86.89M -100.06M 102.09M -302.24M 2,918.86M 9.95M -46.07M -34.63M 20.82M -24.72M 199.69M -1.80M
Effect of FX on Cash 3.85M -3.79M -5.58M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Change in Cash -310.85M 334.11M 224.02M 290.10M -1,178.46M -1,192.08M 1,897.73M 1,047.40M -232.83M 498.40M 358.44M 66.36M 83.05M 25.80M -7.39M -49.06M 137.61M 7.15M -0.34M -53.69M -21.33M -83.47M 178.02M 13.13M
Cash at Beginning of Period 10,581.00M 9,965.74M 2,609.85M 2,319.75M 3,479.59M 4,132.65M 2,234.92M 1,187.52M 1,420.35M 921.95M 563.51M 290.41M 207.36M 181.56M 188.96M 238.02M 100.41M 46.52M 46.86M 100.55M 121.87M 205.35M 27.33M 14.20M
Cash at End of Period 10,270.15M 10,299.85M 2,833.87M 2,609.85M 2,301.14M 2,940.57M 4,132.65M 2,234.92M 1,187.52M 1,420.35M 921.95M 356.76M 290.41M 207.36M 181.56M 188.96M 238.02M 53.68M 46.52M 46.86M 100.55M 121.87M 205.35M 27.33M
Operating Cash Flow 1,579.38M 926.94M 1,974.15M 1,728.83M 2,187.61M 1,381.16M 1,372.15M 1,201.54M 1,122.16M 774.97M 723.31M 503.72M 541.71M 447.36M 396.65M 473.82M 216.36M 79.89M 94.30M 69.10M 65.35M 33.17M 37.61M 55.06M
Capital Expenditure -966.67M -1,377.23M -1,889.53M -1,871.77M -1,622.72M -1,908.92M -2,287.23M -1,187.75M -1,591.53M -779.53M -578.01M -334.14M -387.70M -342.41M -329.91M -139.26M -1,884.24M -72.24M -51.58M -65.37M -97.62M -89.88M -60.11M -40.14M
Free Cash Flow 612.72M -450.29M 84.62M -142.94M 564.89M -527.75M -915.09M 13.79M -469.37M -4.56M 145.30M 169.58M 154.02M 104.94M 66.74M 334.56M -1,667.88M 7.64M 42.72M 3.73M -32.27M -56.71M -22.50M 14.93M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 2004-12-31 2003-12-31
EBITDA 2,647.04M 2,838.33M 2,914.65M 2,768.51M 2,571.80M 2,505.12M 1,638.38M 1,353.04M 1,087.75M 804.63M 736.20M 778.95M 554.33M 477.17M 479.79M 511.16M 430.77M 339.16M 87.97M 89.71M 84.35M 70.44M 58.71M 63.21M
(-) Tax Adjustment 484.42M 495.57M 527.98M 445.54M 414.22M 468.04M 305.40M 271.25M 247.31M 189.64M 180.56M 163.51M 101.12M 67.48M 64.85M 80.35M 60.21M 118.70M 23.84M 29.80M 27.84M 23.31M 19.60M 21.02M
(-) Change In Working Capital -581.33M -1,710.77M -685.92M -825.18M -210.43M -462.61M -137.32M -49.05M 109.19M 26.45M 25.66M -20.48M 43.92M 6.68M -54.23M 27.01M -115.15M 1.16M 14.67M -4.61M -5.05M -23.70M -9.12M 4.18M
(-) Capital Expenditure -966.67M -1,377.23M -1,889.53M -1,871.77M -1,622.72M -1,908.92M -2,287.23M -1,187.75M -1,591.53M -779.53M -578.01M -334.14M -387.70M -342.41M -329.91M -139.26M -1,884.24M -72.24M -51.58M -65.37M -97.62M -89.88M -60.11M -40.14M
Unlevered Free Cash Flow 1,777.28M 2,261.79M 1,183.06M 1,276.39M 745.28M 590.77M -816.94M -56.91M -860.27M -190.99M -48.03M 301.78M 21.60M 60.60M 139.27M 264.54M -1,398.54M 147.05M -2.12M -0.87M -36.06M -19.05M -11.87M -2.13M
(-) Net Interest Income After Taxes 54.48M -148.90M -169.93M -220.70M -245.36M -210.76M -117.69M -111.26M -103.33M -64.21M -69.58M -84.82M -106.26M -114.75M -123.61M -110.53M -76.31M -5.97M -7.86M -4.16M -1.86M -2.13M -0.83M -2.90M
Net Debt Issuance -203.65M 845.99M 758.45M 1,134.22M -1,025.26M -272.72M 3,116.03M 452.87M 491.24M 509.72M -52.07M -28.05M -21.59M -8.31M 300.04M -137.84M 1,566.73M 64.97M 14.35M -13.96M 38.53M -6.90M -39.09M 23.67M
Levered Free Cash Flow 1,519.15M 3,256.68M 2,111.44M 2,631.31M -34.63M 528.81M 2,416.78M 507.22M -265.71M 382.95M -30.53M 358.55M 106.27M 167.05M 562.92M 237.23M 244.50M 218.00M 20.09M -10.67M 4.33M -23.82M -50.13M 24.44M