Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Periods / Units / Analysis

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Ticker

Industry

Sector

Page: Company Financials

Jiangsu Phoenix Publishing & Media Corporation Limited

Ticker: 601928.SS | Industry: Publishing | Sector: Communication Services
$10.15 +0.08 (0.79%)
As of: 2026-01-29

Master Data Export

Enterprise Value

Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Stock Price 10.89 11.57 10.31 7.79 7.28 6.70 8.27 6.94 9.30 10.92 14.98 9.91 9.71 7.97 10.99
Market Capitalization 27,705.48M 29,431.77M 26,237.73M 19,823.13M 18,513.15M 17,057.45M 21,042.80M 17,649.27M 23,651.10M 27,778.78M 38,111.10M 24,677.73M 25,899.73M 20,540.46M 25,671.54M
(-) Cash & Equivalents 2,142.19M 2,349.90M 2,770.49M 3,219.59M 4,882.79M 7,841.99M 9,207.22M 7,158.19M 4,908.72M 3,747.23M 4,689.32M 4,482.59M 5,332.70M 6,097.81M 2,473.62M
(+) Total Debt 268.50M 340.34M 473.51M 641.06M 638.47M 351.23M 60.60M 176.07M 195.30M 232.76M 413.80M 448.16M 10.63M 0.00M 0.00M
Enterprise Value 25,831.79M 27,422.21M 23,940.75M 17,244.60M 14,268.83M 9,566.69M 11,896.17M 10,667.15M 18,937.68M 24,264.31M 33,835.58M 20,643.31M 20,577.66M 14,442.65M 23,197.92M

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
Revenue 13,204M 13,554M 13,606M 13,645M 13,596M 12,517M 12,135M 12,585M 11,622M 11,050M 10,547M 10,046M 9,618M 7,648M 6,706M 6,025M 5,407M 5,037M 4,574M
Cost of Revenue 8,050M 8,702M 8,439M 8,734M 8,661M 8,171M 8,061M 8,153M 7,717M 7,125M 6,651M 6,426M 6,258M 4,869M 4,316M 3,667M 3,192M 2,980M 2,726M
Gross Profit 5,155M 4,852M 5,167M 4,911M 4,935M 4,346M 4,074M 4,432M 3,905M 3,925M 3,895M 3,620M 3,361M 2,779M 2,389M 2,359M 2,215M 2,057M 1,848M
Gross Profit Margin 39.0% 35.8% 38.0% 36.0% 36.3% 34.7% 33.6% 35.2% 33.6% 35.5% 36.9% 36.0% 34.9% 36.3% 35.6% 39.1% 41.0% 40.8% 40.4%
R&D Expenses 120M 33M 75M 41M 58M 34M 47M 32M 37M 42M 51M 105M 66M 33M 3M 0M 0M 0M 0M
SG&A Expenses 3,348M 3,336M 3,434M 3,302M 3,260M 3,071M 2,747M 3,095M 2,831M 2,804M 2,726M 2,527M 2,285M 2,003M 1,796M 591M 526M 551M 526M
Operating Expenses 3,071M 2,549M 2,896M 2,578M 2,760M 1,834M 2,465M 3,011M 2,481M 2,651M 2,850M 2,647M 2,356M 1,929M 1,723M 1,767M 1,637M 1,447M 1,399M
Operating Income (EBIT) 2,084M 2,303M 2,270M 2,333M 2,175M 2,512M 1,609M 1,421M 1,425M 1,274M 1,045M 973M 1,004M 851M 666M 592M 577M 610M 448M
Operating Income Margin 15.8% 17.0% 16.7% 17.1% 16.0% 20.1% 13.3% 11.3% 12.3% 11.5% 9.9% 9.7% 10.4% 11.1% 9.9% 9.8% 10.7% 12.1% 9.8%
Interest Income 428M 451M 422M 492M 478M 531M 337M 294M 214M 183M 161M 228M 195M 302M 196M 44M 58M 62M 54M
Interest Expense 16M 21M 28M 34M 43M 36M 8M 11M 13M 13M 13M 28M 26M 2M 3M 1M 1M 0M 1M
Net Interest Income 412M 430M 394M 458M 435M 495M 330M 283M 200M 170M 147M 200M 168M 300M 193M 43M 57M 61M 53M
Unusual Items -275M -435M -399M -464M -482M -499M -319M -261M -347M -183M 37M 1M 76M -172M 77M 110M 35M -5M 14M
EBT Excluding Unusual Items 2,495M 2,733M 2,665M 2,791M 2,610M 3,007M 1,939M 1,704M 1,625M 1,444M 1,192M 1,173M 1,173M 1,150M 859M 635M 634M 671M 501M
Pre-Tax Income 2,221M 2,297M 2,266M 2,328M 2,128M 2,508M 1,619M 1,443M 1,278M 1,261M 1,229M 1,174M 1,249M 979M 936M 745M 669M 666M 515M
Pre-Tax Margin 16.8% 16.9% 16.7% 17.1% 15.7% 20.0% 13.3% 11.5% 11.0% 11.4% 11.7% 11.7% 13.0% 12.8% 14.0% 12.4% 12.4% 13.2% 11.3%
Income Tax Expense 258M -222M 670M -633M 21M 26M 6M 29M 20M 51M 20M 20M 15M 15M 4M 3M 6M 17M 64M
Net Income 1,955M 2,521M 1,598M 2,952M 2,082M 2,457M 1,596M 1,344M 1,325M 1,166M 1,170M 1,124M 1,205M 954M 927M 741M 662M 642M 453M
Net Income Margin 14.8% 18.6% 11.7% 21.6% 15.3% 19.6% 13.1% 10.7% 11.4% 10.6% 11.1% 11.2% 12.5% 12.5% 13.8% 12.3% 12.2% 12.8% 9.9%
Depreciation & Amortization 311M 425M 376M 460M 418M 372M 280M 281M 294M 319M 301M 267M 230M 175M 127M 115M 159M 137M 120M
EBITDA 2,394M 2,728M 2,646M 2,793M 2,593M 2,884M 1,889M 1,701M 1,719M 1,593M 1,347M 1,240M 1,234M 1,026M 793M 707M 736M 747M 568M
EBITDA Margin 18.1% 20.1% 19.4% 20.5% 19.1% 23.0% 15.6% 13.5% 14.8% 14.4% 12.8% 12.3% 12.8% 13.4% 11.8% 11.7% 13.6% 14.8% 12.4%
NOPAT 1,841M 2,525M 1,599M 2,968M 2,154M 2,486M 1,603M 1,392M 1,402M 1,223M 1,028M 956M 992M 838M 663M 589M 572M 594M 393M
NOPAT Margin 13.9% 18.6% 11.8% 21.7% 15.8% 19.9% 13.2% 11.1% 12.1% 11.1% 9.8% 9.5% 10.3% 11.0% 9.9% 9.8% 10.6% 11.8% 8.6%
Owner's Earnings 2,088M 2,628M 1,728M 2,944M 1,892M 1,804M 958M 898M 1,059M 885M 809M 490M 465M -312M 628M 244M 320M 249M 216M
Owner's Earnings Margin 15.8% 19.4% 12.7% 21.6% 13.9% 14.4% 7.9% 7.1% 9.1% 8.0% 7.7% 4.9% 4.8% -4.1% 9.4% 4.1% 5.9% 4.9% 4.7%
EPS (Basic) 0.77 0.99 0.63 1.16 0.82 0.97 0.63 0.53 0.52 0.46 0.46 0.44 0.47 0.37 0.36 0.36 0.33 0.32 0.23
EPS (Diluted) 0.77 0.99 0.63 1.16 0.82 0.97 0.63 0.53 0.52 0.46 0.46 0.44 0.47 0.37 0.36 0.36 0.33 0.32 0.23
Shares (Basic) 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,541M 2,576M 2,053M 2,006M 2,007M 1,969M
Shares (Diluted) 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,545M 2,576M 2,053M 2,006M 2,007M 1,969M

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
Cash & Cash Equivalents 1,353.12M 3,354.32M 1,946.04M 3,074.07M 6,388.47M 3,891.03M 6,426.24M 10,254.31M 9,142.16M 5,715.05M 3,611.98M 4,461.76M 4,651.21M 4,403.09M 5,869.02M 7,107.56M 3,147.22M 3,331.00M 3,094.61M
Short-Term Investments 12,066.53M 4,032.47M 1,069.01M 68.78M 1,439.49M 5,109.32M 2,015.37M 240.89M 0.00M 0.00M 0.00M 0.00M 5.68M 0.00M 0.00M 0.20M 0.03M 1.75M 0.81M
Cash & Short-Term Investments 13,419.65M 7,386.78M 3,015.06M 3,142.85M 7,827.95M 9,000.35M 8,441.61M 10,495.20M 9,142.16M 5,715.05M 3,611.98M 4,461.76M 4,656.89M 4,403.09M 5,869.02M 7,107.76M 3,147.25M 3,332.75M 3,095.42M
Net Receivables 1,321.65M 1,989.54M 726.11M 671.76M 1,034.65M 705.01M 962.27M 1,130.13M 1,262.11M 1,076.11M 1,029.86M 856.42M 892.96M 730.75M 246.59M 369.49M 478.94M 390.94M 0.00M
Inventory 2,542.61M 1,044.72M 1,763.15M 2,170.53M 2,328.42M 2,752.94M 2,188.34M 2,930.32M 2,235.85M 2,344.19M 2,262.73M 2,261.68M 2,373.09M 1,710.94M 1,532.40M 1,591.85M 1,134.97M 1,036.57M 1,150.47M
Other Current Assets 507.78M 4,395.11M 5,884.67M 5,974.25M 7,414.06M 1,034.69M 1,243.93M 599.32M 520.86M 2,189.49M 1,870.40M 1,627.40M 1,194.27M 1,569.20M 1,652.00M 10.05M 105.00M 110.00M 0.00M
Total Current Assets 17,791.69M 14,816.16M 11,388.99M 11,959.40M 18,605.09M 13,493.00M 12,836.14M 15,154.97M 13,160.99M 11,324.84M 8,774.96M 9,207.26M 9,117.21M 8,413.99M 9,300.02M 9,079.15M 4,866.16M 4,870.26M 4,245.89M
Property, Plant & Equipment 5,980.81M 6,067.60M 6,304.70M 6,484.09M 6,570.31M 6,263.33M 5,487.60M 5,242.50M 4,860.96M 5,027.66M 4,975.94M 4,922.10M 4,551.00M 3,766.15M 2,885.77M 2,049.91M 1,847.43M 2,048.41M 1,646.51M
Goodwill 54.40M 55.16M 55.58M 73.63M 81.70M 83.50M 99.65M 154.07M 160.41M 261.22M 440.37M 466.39M 466.96M 250.70M 102.82M 24.89M 24.55M 41.17M 0.00M
Intangible Assets 733.36M 736.80M 712.22M 729.23M 789.69M 795.71M 829.88M 1,000.75M 1,035.67M 1,386.60M 1,280.86M 1,304.45M 1,257.56M 929.35M 503.07M 493.04M 432.93M 228.73M 228.68M
Long-Term Investments 1,979.43M 9,316.63M 283.10M 1,216.32M -189.67M -3,935.07M -909.53M 809.18M 2,082.14M 2,049.40M 2,318.95M 1,508.23M 768.08M 333.60M 133.93M 38.77M 60.91M 171.85M 173.51M
Tax Assets 13.35M 13.35M 13.35M 669.33M 26.16M 24.64M 27.79M 32.08M 42.44M 41.09M 61.24M 48.90M 38.56M 6.91M 3.47M 2.02M 1.50M 0.74M 5.33M
Other Non-Current Assets 4,823.95M 388.43M 11,853.87M 9,978.19M 3,588.80M 11,679.68M 6,997.98M 1,224.33M 18.65M 46.35M 31.12M 50.90M 420.80M 56.40M -0.01M 102.03M 101.37M 259.40M 82.48M
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
Total Non-Current Assets 13,585.31M 16,577.96M 19,222.83M 19,150.78M 10,866.99M 14,911.80M 12,533.37M 8,462.91M 8,200.27M 8,812.32M 9,108.49M 8,300.97M 7,502.95M 5,343.10M 3,629.04M 2,710.66M 2,468.71M 2,750.31M 2,136.51M
Total Assets 31,377.00M 31,394.12M 30,611.83M 31,110.19M 29,472.08M 28,404.79M 25,369.52M 23,617.88M 21,361.26M 20,137.15M 17,883.45M 17,508.22M 16,620.16M 13,757.08M 12,929.06M 11,789.82M 7,334.87M 7,620.57M 6,382.41M
Accounts Payable 5,577.84M 4,541.50M 3,640.12M 5,374.48M 5,686.58M 5,670.70M 4,802.59M 4,672.54M 3,724.06M 3,459.31M 3,250.04M 2,726.38M 2,519.45M 2,028.83M 1,587.55M 1,506.74M 1,248.51M 1,178.18M 1,201.39M
Short-Term Debt 88.29M 20.31M 14.51M 6.72M 8.01M 20.03M 0.12M 13.99M 200.69M 239.21M 187.30M 281.00M 253.80M 52.40M 0.00M 0.00M 39.00M 38.00M 11.00M
Tax Payables 0.00M 50.10M 65.18M 51.71M 54.76M 65.53M 52.94M 56.87M 72.86M 75.14M 89.92M 101.31M 79.07M -28.36M -33.44M -28.95M -37.48M -14.27M -13.35M
Deferred Revenue 3,020.30M 0.00M 0.00M 0.00M 3,726.37M 4,734.06M 4,257.90M 1,191.04M 72.86M 1,056.15M 1,021.81M 1,085.56M 1,113.19M -52.40M 0.00M 0.00M 1,143.19M 544.24M 520.79M
Other Current Liabilities 768.88M 2,968.12M 4,854.05M 5,210.08M 5,005.71M 856.92M 1,463.16M 2,300.67M 1,820.66M 2,575.38M 1,346.64M 1,217.32M 1,006.27M 2,049.51M 711.94M 588.60M 393.58M 340.07M 854.12M
Total Current Liabilities 9,455.32M 7,580.04M 8,573.86M 10,643.00M 14,481.43M 11,347.23M 10,576.70M 8,235.11M 5,891.12M 7,405.19M 5,895.70M 5,411.56M 4,971.78M 4,049.98M 2,266.06M 2,066.40M 2,786.81M 2,086.22M 2,573.95M
Long-Term Debt 0.00M 0.00M 6.60M 13.30M 107.19M 230.93M 82.81M 630.64M 633.48M 10.70M 48.91M 172.88M 261.95M 20.00M 0.01M 0.00M 0.00M 0.00M 0.00M
Capital Lease Obligations 0.00M 210.22M 231.49M 282.66M 299.69M 328.15M 374.13M 0.00M 0.00M 9.01M 9.01M 9.01M 9.01M 9.02M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.09M 0.09M 0.09M 8.31M 12.06M 13.35M 10.28M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 585.35M 585.45M 585.67M 589.26M 595.26M 1,049.06M 229.23M 0.00M 0.00M 718.48M 729.93M 728.06M 736.22M 888.78M 857.89M 778.00M 739.32M 481.25M 399.45M
Total Non-Current Liabilities 585.35M 795.67M 823.76M 885.22M 1,002.14M 1,608.15M 686.26M 630.73M 633.57M 746.50M 799.92M 923.30M 1,017.47M 917.80M 857.91M 778.00M 739.32M 481.25M 399.45M
Total Liabilities 10,040.66M 8,375.71M 9,397.62M 11,528.22M 15,483.57M 12,955.38M 11,262.97M 8,865.84M 6,524.69M 8,151.69M 6,695.62M 6,334.86M 5,989.25M 4,967.78M 3,123.96M 2,844.40M 3,526.12M 2,567.48M 2,973.40M
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
Common Stock 2,544.90M 2,544.90M 2,544.90M 2,544.90M 2,544.90M 2,544.90M 2,544.90M 2,544.90M 2,544.90M 2,544.90M 2,544.90M 2,544.90M 2,544.90M 2,544.90M 2,544.90M 2,544.90M 2,035.90M 1,500.00M 166.67M
Retained Earnings 11,200.56M 11,085.10M 10,771.70M 10,609.43M 9,101.27M 8,463.16M 7,205.02M 6,529.45M 6,065.72M 5,219.12M 4,515.96M 3,634.22M 3,118.53M 2,459.64M 2,122.21M 1,784.28M 1,327.07M 1,469.97M 1,345.52M
Accumulated OCI 6,343.52M 1,800.87M 1,816.14M 1,647.74M 1,526.82M 1,312.53M 1,176.61M 1,047.80M 944.05M 834.56M 784.32M 719.46M 80.82M 83.06M 0.00M 0.00M 0.00M 0.00M 0.00M
Minority Interest 292.59M 297.39M 281.83M 285.77M 290.09M 297.92M 621.82M 644.35M 608.91M 725.66M 714.36M 668.81M 640.11M 537.75M 410.75M 255.34M 212.92M 245.01M 0.09M
Total Shareholders’ Equity 20,088.99M 15,430.88M 15,132.75M 14,802.06M 13,172.99M 12,320.59M 10,926.53M 10,122.15M 9,554.67M 8,598.58M 7,845.18M 6,898.59M 5,744.25M 5,087.60M 4,667.11M 4,329.18M 3,362.97M 2,969.97M 1,512.19M
Total Equity 20,381.58M 15,728.26M 15,414.58M 15,087.83M 13,463.08M 12,618.51M 11,548.35M 10,766.50M 10,163.58M 9,324.24M 8,559.54M 7,567.40M 6,384.35M 5,625.35M 5,077.85M 4,584.52M 3,575.89M 3,214.99M 1,512.28M
Total Liabilities & Equity 30,422.24M 24,103.98M 24,812.20M 26,616.05M 28,946.65M 25,573.89M 22,811.32M 19,632.34M 16,688.27M 17,475.92M 15,255.16M 13,902.26M 12,373.60M 10,593.13M 8,201.82M 7,428.92M 7,102.01M 5,782.46M 4,485.68M
Tangible Assets 30,589.24M 30,602.16M 29,844.02M 30,307.32M 28,600.69M 27,525.58M 24,439.98M 22,463.06M 20,165.18M 18,489.33M 16,162.21M 15,737.38M 14,895.65M 12,577.03M 12,323.17M 11,271.89M 6,877.38M 7,350.67M 6,153.72M
Tangible Equity 19,593.81M 14,936.30M 14,646.77M 14,284.97M 12,591.69M 11,739.29M 10,618.82M 9,611.69M 8,967.50M 7,676.41M 6,838.31M 5,796.56M 4,659.84M 4,445.30M 4,471.97M 4,066.59M 3,118.40M 2,945.09M 1,283.59M
Tangible Book Value 19,593.81M 14,936.30M 14,646.77M 14,284.97M 12,591.69M 11,739.29M 10,618.82M 9,611.69M 8,967.50M 7,676.41M 6,838.31M 5,796.56M 4,659.84M 4,445.30M 4,471.97M 4,066.59M 3,118.40M 2,945.09M 1,283.59M
Total Investments 14,045.96M 13,349.09M 1,352.12M 1,285.09M 1,249.82M 1,174.25M 1,105.84M 1,050.07M 2,082.14M 2,049.40M 2,318.95M 1,508.23M 773.76M 333.60M 133.93M 38.97M 60.94M 173.60M 174.32M
Net Debt -1,264.83M -3,334.00M -1,924.93M -3,054.05M -6,273.27M -3,640.07M -6,343.31M -9,609.68M -8,307.99M -5,465.15M -3,375.77M -4,007.88M -4,135.47M -4,330.69M -5,869.01M -7,107.56M -3,108.22M -3,293.00M -3,083.61M

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
Working Capital 7,979.1M 4,897.7M 1,771.1M 1,604.8M 8,129.5M 3,124.2M 3,947.4M 7,180.9M 6,824.8M 5,418.6M 4,403.9M 4,303.2M 4,468.2M 5,605.4M 6,732.4M 6,999.6M 2,321.4M 2,975.0M 2,649.1M
Total Capital 20,375.2M 20,207.9M 19,726.8M 19,446.2M 17,824.5M 16,810.4M 14,798.1M 13,924.8M 13,531.9M 12,639.5M 11,856.3M 11,130.2M 10,574.3M 9,543.8M 9,092.8M 8,676.9M 3,876.9M 5,037.0M 4,397.1M
Capital Employed 21,564.4M 21,475.7M 20,993.9M 20,755.6M 18,996.4M 18,036.0M 16,480.8M 15,643.8M 15,025.1M 14,231.0M 13,512.4M 12,604.2M 11,971.1M 10,948.5M 10,361.4M 9,710.3M 4,790.1M 5,725.3M 4,785.6M
Invested Capital 19,022.1M 16,853.6M 17,780.8M 16,372.2M 11,436.0M 12,919.4M 8,371.9M 3,670.4M 4,389.7M 6,924.5M 8,244.3M 6,668.5M 5,923.1M 5,140.8M 3,223.8M 1,569.4M 729.7M 1,706.0M 1,302.5M

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
Net Income 622.19M 2,525.19M 1,596.31M 2,951.94M 2,107.30M 2,482.23M 1,613.45M 1,413.81M 1,389.48M 1,210.54M 1,209.19M 1,154.20M 1,233.24M 939.64M 932.08M 741.35M 662.05M 642.38M 452.90M
Depreciation & Amortization 0.00M 396.00M 456.56M 459.69M 417.90M 371.66M 280.49M 280.87M 294.06M 319.03M 301.32M 267.46M 230.18M 135.75M 126.87M 109.02M 159.00M 137.13M 119.79M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M -1.53M 3.04M 4.23M 10.31M -8.39M 16.39M -13.62M -11.19M 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
Change in Working Capital -587.48M 85.80M -844.36M -495.73M -195.00M 1,279.42M 1,444.68M 274.42M 288.06M 57.51M 208.91M 211.35M 37.99M 19.65M 29.78M 6.45M -237.31M -124.01M -216.15M
Accounts Receivable -1,305.91M -785.02M -198.52M 393.16M -464.19M 113.50M 276.38M -339.89M 596.37M -206.71M -175.83M -230.69M 53.05M -305.55M -229.80M 0.00M 0.00M 0.00M 0.00M
Inventory 718.43M 870.82M 338.94M -37.88M 25.71M -827.77M 323.43M -913.75M -5.86M -210.96M -124.26M -13.32M -376.75M -237.60M 19.26M -560.05M -210.43M 87.17M -474.73M
Accounts Payable 0.00M 0.00M -984.78M -207.01M 245.02M 1,990.65M 840.64M 1,517.75M -294.06M 458.79M 522.62M 466.57M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Working Capital 0.00M 0.00M -328.80M -643.99M -1.53M 3.04M 4.23M 10.31M 293.92M 268.47M 333.17M 224.68M 414.74M 257.25M 10.52M 566.50M -26.87M -211.17M 258.57M
Other Non-Cash Items 1,474.41M -1,204.96M 630.82M -312.77M 176.63M -812.30M 259.72M 419.53M 216.44M 229.83M 184.65M 245.02M 145.68M -52.57M -2.24M 72.25M 264.59M 100.61M 244.61M
Net Cash from Operating Activities 1,509.12M 1,173.90M 1,839.33M 2,603.13M 2,506.84M 3,321.02M 3,598.35M 2,388.62M 2,188.04M 1,816.91M 1,904.08M 1,878.03M 1,647.09M 1,042.47M 1,086.49M 929.07M 848.33M 756.12M 601.14M
Capital Expenditures (PPE) -178.01M -317.86M -245.68M -467.19M -608.05M -1,024.30M -918.41M -726.10M -559.80M -600.06M -661.81M -901.78M -970.88M -1,441.69M -425.77M -612.33M -501.43M -530.67M -356.74M
Acquisitions (Net) 72.27M 23.74M 72.80M 1.04M 0.21M 238.05M 401.78M 5.56M 336.24M 22.52M 8.17M -36.46M -1,357.72M 0.03M -75.76M 0.60M -0.82M 79.24M 29.51M
Purchases of Investments -3,422.29M 4,163.53M -1,935.61M -361.47M -9,052.11M -9,213.86M -3,606.46M -2,296.33M -2,236.60M -4,959.08M -5,518.94M -2,586.10M -3,603.79M -4,953.61M -3,636.19M -803.01M -1,978.50M -1,392.16M -391.45M
Sales / Maturities of Investments -5,718.73M 782.83M 769.29M 1,391.10M 12,896.21M 6,286.77M 1,861.01M 2,612.77M 4,038.12M 6,212.20M 3,861.97M 2,004.44M 4,496.20M 4,264.21M 2,063.06M 902.37M 1,058.58M 1,247.73M 403.54M
Other Investing Activities 8,237.02M -1,332.96M -183.17M -5,252.65M -1,994.35M -1,627.67M -4,013.32M -9.71M 149.75M 22.75M -11.78M 89.44M 26.25M 28.65M 118.91M 47.62M 25.83M 42.32M -14.76M
Net Cash from Investing Activities -1,009.73M -1,244.77M -1,522.37M -4,689.16M 1,241.91M -5,341.01M -6,275.39M -413.82M 1,727.70M 698.33M -2,322.40M -1,430.45M -1,409.93M -2,102.41M -1,955.75M -464.75M -1,396.34M -553.53M -329.90M
Net Debt Issuance -63.56M -32.50M -56.96M -91.30M -103.64M 196.83M 68.86M -185.08M -67.36M 16.15M -217.67M -70.87M 298.65M 22.20M 0.00M -39.00M 643.00M 27.00M -5.35M
Long-Term Debt Issuance -43.26M -46.30M -56.96M -91.30M -103.64M 196.83M 68.86M -185.08M -67.36M 16.15M -217.67M -70.87M 298.65M 167.60M 0.00M -39.00M 643.00M 27.00M -5.35M
Short-Term Debt Issuance -20.30M 13.80M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -145.40M 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
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
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
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
Net Dividends Paid -13.60M -2,546.36M -1,287.17M -1,272.45M -1,272.45M -1,017.96M -763.47M -763.47M -383.06M -393.37M -265.14M -521.20M -539.68M -509.38M -508.98M -850.27M -114.54M -103.25M -145.04M
Common Dividends Paid -13.60M -1,274.83M -1,287.17M -1,277.33M -1,285.61M -1,028.26M -763.60M -768.74M -383.06M -393.37M -265.14M -521.20M -539.68M -508.98M -508.98M -210.00M -75.25M -10.28M -145.04M
Preferred Dividends Paid 0.00M 0.00M 0.00M 4.88M 13.16M 10.30M 0.13M 5.27M 0.00M 0.00M 0.00M 0.00M 0.00M -22.86M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities -1,152.97M 134.93M -97.69M 137.77M 125.45M -115.51M -36.04M 49.12M -43.68M 5.23M 7.11M -7.51M 6.30M 242.92M 131.00M 3,745.02M -203.52M 17.08M 571.54M
Net Cash from Financing Activities -1,230.13M -1,172.40M -1,441.82M -1,225.98M -1,250.64M -936.64M -730.65M -879.43M -494.10M -371.99M -475.70M -599.58M -234.73M -405.98M -377.98M 3,496.02M 364.23M 33.80M 421.15M
Effect of FX on Cash 7.82M 1.28M 1.35M 1.86M 12.80M -2.98M -6.05M 1.00M -0.47M -1.05M 14.14M 0.81M -2.08M -0.01M 0.29M 0.00M 0.00M 0.00M 0.00M
Net Change in Cash -727.19M -1,269.34M -1,123.51M -3,310.16M 2,510.91M -2,959.61M -3,413.75M 1,096.38M 3,421.18M 2,142.20M -879.88M -151.18M 0.35M -1,465.93M -1,246.95M 3,960.34M -183.78M 236.38M 692.39M
Cash at Beginning of Period 9,067.07M 11,781.83M 3,059.48M 6,369.64M 3,858.72M 6,818.34M 10,232.09M 9,135.71M 5,714.53M 3,572.33M 4,452.21M 4,603.40M 4,603.05M 5,869.02M 7,115.97M 3,147.22M 3,331.00M 3,094.61M 2,402.22M
Cash at End of Period 8,339.88M 10,513.03M 1,935.97M 3,059.48M 6,369.64M 3,858.72M 6,818.34M 10,232.09M 9,135.71M 5,714.53M 3,572.33M 4,452.21M 4,603.40M 4,403.09M 5,869.02M 7,107.56M 3,147.22M 3,331.00M 3,094.61M
Operating Cash Flow 1,509.12M 1,173.90M 1,839.33M 2,603.13M 2,506.84M 3,321.02M 3,598.35M 2,388.62M 2,188.04M 1,816.91M 1,904.08M 1,878.03M 1,647.09M 1,042.47M 1,086.49M 929.07M 848.33M 756.12M 601.14M
Capital Expenditure -178.01M -317.86M -245.68M -467.19M -608.05M -1,024.30M -918.41M -726.10M -559.80M -600.06M -661.81M -901.78M -970.88M -1,441.69M -425.77M -612.33M -501.43M -530.67M -356.74M
Free Cash Flow 1,326.84M 853.57M 1,593.65M 2,135.94M 1,898.79M 2,296.71M 2,679.94M 1,662.52M 1,628.25M 1,216.86M 1,242.26M 976.26M 676.22M -399.22M 660.72M 316.74M 346.90M 225.45M 244.40M

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
EBITDA 1,996.52M 1,907.63M 2,034.38M 2,027.94M 2,035.11M 1,612.96M 1,560.05M 1,585.68M 1,331.45M 1,398.75M 1,419.62M 1,255.31M 1,240.28M 918.55M 717.11M 1,882.93M 1,847.53M 1,643.03M 1,441.53M
(-) Tax Adjustment 232.24M 0.00M 601.34M 0.00M 19.70M 16.48M 5.67M 32.20M 21.35M 56.32M 23.05M 21.54M 15.35M 13.64M 2.96M 7.77M 16.70M 41.12M 177.96M
(-) Change In Working Capital -587.48M 85.80M -844.36M -495.73M -195.00M 1,279.42M 1,444.68M 274.42M 288.06M 57.51M 208.91M 211.35M 37.99M 19.65M 29.78M 6.45M -237.31M -124.01M -216.15M
(-) Capital Expenditure -178.01M -317.86M -245.68M -467.19M -608.05M -1,024.30M -918.41M -726.10M -559.80M -600.06M -661.81M -901.78M -970.88M -1,441.69M -425.77M -612.33M -501.43M -530.67M -356.74M
Unlevered Free Cash Flow 2,173.75M 1,503.97M 2,031.72M 2,056.47M 1,602.35M -707.25M -808.71M 552.97M 462.23M 684.87M 525.84M 120.64M 216.05M -556.43M 258.61M 1,256.38M 1,566.70M 1,195.25M 1,122.99M
(-) Net Interest Income After Taxes 363.75M 429.80M 277.80M 458.33M 430.79M 490.04M 328.61M 277.38M 197.18M 163.53M 144.71M 196.68M 166.32M 295.33M 192.15M 43.26M 56.42M 59.77M 46.39M
Net Debt Issuance -63.56M -32.50M -56.96M -91.30M -103.64M 196.83M 68.86M -185.08M -67.36M 16.15M -217.67M -70.87M 298.65M 22.20M 0.00M -39.00M 643.00M 27.00M -5.35M
Levered Free Cash Flow 1,746.44M 1,041.67M 1,696.95M 1,506.85M 1,067.93M -1,000.46M -1,068.46M 90.51M 197.70M 537.48M 163.46M -146.90M 348.38M -829.55M 66.46M 1,174.12M 2,153.29M 1,162.48M 1,071.25M