Suga International Holdings Limited (0912.HK)

Industry: Consumer Electronics Sector: Technology Currency Used: HK Live Price: $1.06

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	2002
Stock Price	1.19	1.27	1.30	1.36	1.75	1.31	1.80	2.16	2.70	2.16	2.13	1.93	2.05	1.84	1.96	1.49	0.48	0.42	0.60	0.55	0.88	1.16	1.27	0.91
Market Capitalization	338.94M	360.35M	370.23M	387.31M	497.28M	371.37M	508.61M	612.05M	764.84M	598.46M	583.12M	526.81M	557.75M	502.00M	532.02M	388.18M	122.66M	108.21M	150.36M	137.15M	218.27M	286.48M	246.81M	151.97M
(-) Cash & Equivalents	264.72M	221.70M	154.27M	149.85M	127.17M	132.76M	139.11M	139.99M	217.54M	227.60M	162.67M	167.38M	243.54M	151.70M	154.85M	134.09M	91.64M	32.43M	22.55M	31.45M	35.20M	33.08M	15.80M	7.80M
(+) Total Debt	5.45M	30.62M	124.56M	193.21M	155.15M	94.09M	83.34M	57.72M	103.15M	133.05M	108.00M	83.44M	100.94M	44.50M	42.77M	44.14M	16.87M	15.22M	20.93M	78.22M	68.61M	50.19M	27.94M	14.91M
Enterprise Value	79.67M	169.26M	340.51M	430.68M	525.26M	332.70M	452.84M	529.78M	650.45M	503.91M	528.45M	442.88M	415.15M	394.79M	419.95M	298.23M	47.90M	90.99M	148.74M	183.92M	251.68M	303.60M	258.94M	159.07M

Income Statement

Metric	TTM	TTM-1	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-03-31	2013-03-31	2012-03-31	2011-03-31	2010-03-31	2009-03-31	2008-03-31	2007-03-31	2006-03-31	2005-03-31	2004-03-31	2003-03-31	2002-03-31
Revenue	2,849M	3,014M	1,388M	1,400M	1,443M	1,856M	2,102M	1,615M	1,682M	1,511M	1,414M	1,368M	1,342M	1,245M	1,107M	1,242M	1,191M	960M	812M	708M	696M	772M	591M	601M	453M	244M
Cost of Revenue	2,446M	2,584M	1,195M	1,197M	1,263M	1,623M	1,840M	1,410M	1,455M	1,279M	1,191M	1,167M	1,162M	1,070M	961M	1,077M	1,029M	833M	715M	615M	606M	686M	512M	510M	381M	182M
Gross Profit	403M	430M	193M	203M	181M	233M	261M	205M	227M	231M	224M	201M	180M	175M	147M	165M	163M	127M	97M	93M	90M	86M	80M	91M	72M	61M
Gross Profit Margin	14.2%	14.3%	13.9%	14.5%	12.5%	12.6%	12.4%	12.7%	13.5%	15.3%	15.8%	14.7%	13.4%	14.0%	13.3%	13.3%	13.6%	13.2%	11.9%	13.1%	12.9%	11.1%	13.5%	15.2%	15.9%	25.2%
R&D Expenses	12M	0M	0M	0M	0M	0M	0M	0M	0M	1M	1M	1M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	5M	1M	1M	1M
SG&A Expenses	320M	346M	159M	164M	178M	192M	190M	174M	167M	153M	149M	131M	126M	88M	83M	71M	63M	64M	70M	69M	70M	54M	33M	31M	27M	20M
Operating Expenses	326M	350M	156M	158M	157M	169M	164M	174M	165M	151M	163M	113M	3M	85M	83M	65M	61M	64M	68M	69M	69M	73M	54M	43M	26M	28M
Operating Income (EBIT)	77M	80M	37M	45M	24M	65M	97M	32M	62M	81M	60M	87M	178M	90M	64M	100M	102M	63M	29M	24M	21M	13M	26M	48M	46M	34M
Operating Income Margin	2.7%	2.6%	2.7%	3.2%	1.7%	3.5%	4.6%	2.0%	3.7%	5.3%	4.3%	6.4%	13.2%	7.2%	5.8%	8.0%	8.5%	6.6%	3.5%	3.4%	3.0%	1.7%	4.3%	8.0%	10.2%	13.9%
Interest Income	11M	4M	7M	6M	2M	1M	1M	2M	3M	4M	8M	4M	2M	4M	4M	3M	2M	0M	2M	1M	1M	0M	0M	0M	0M	0M
Interest Expense	5M	11M	2M	6M	6M	3M	3M	6M	5M	5M	5M	3M	3M	2M	2M	1M	1M	1M	2M	3M	7M	9M	0M	0M	0M	0M
Net Interest Income	7M	-7M	5M	-1M	-4M	-2M	-1M	-4M	-2M	-1M	3M	1M	-2M	2M	2M	2M	1M	0M	0M	-3M	-6M	-9M	0M	0M	0M	0M
Unusual Items	-1M	54M	-1M	-3M	48M	10M	5M	3M	0M	0M	0M	0M	0M	0M	17M	0M	0M	0M	0M	0M	0M	-1M	-4M	-2M	-2M	-1M
EBT Excluding Unusual Items	84M	72M	42M	44M	20M	62M	96M	28M	60M	80M	64M	88M	176M	92M	66M	102M	102M	63M	28M	22M	15M	5M	26M	48M	46M	34M
Pre-Tax Income	84M	126M	41M	41M	68M	72M	101M	31M	60M	80M	64M	88M	176M	92M	83M	102M	102M	63M	28M	22M	15M	3M	22M	46M	44M	33M
Pre-Tax Margin	2.9%	4.2%	3.0%	3.0%	4.7%	3.9%	4.8%	1.9%	3.6%	5.3%	4.5%	6.4%	13.1%	7.4%	7.5%	8.2%	8.6%	6.6%	3.5%	3.1%	2.2%	0.4%	3.7%	7.7%	9.7%	13.7%
Income Tax Expense	18M	16M	7M	9M	11M	6M	12M	2M	5M	6M	4M	9M	6M	11M	5M	9M	12M	7M	3M	1M	3M	2M	3M	2M	5M	6M
Net Income	65M	107M	34M	32M	60M	56M	79M	28M	56M	74M	62M	80M	170M	81M	78M	93M	90M	57M	25M	21M	12M	1M	19M	44M	39M	27M
Net Income Margin	2.3%	3.5%	2.5%	2.3%	4.1%	3.0%	3.8%	1.7%	3.3%	4.9%	4.4%	5.9%	12.7%	6.5%	7.0%	7.5%	7.6%	5.9%	3.1%	2.9%	1.7%	0.2%	3.2%	7.3%	8.7%	11.2%
Depreciation & Amortization	70M	86M	35M	40M	43M	48M	47M	38M	36M	34M	32M	31M	30M	19M	21M	14M	12M	13M	16M	20M	21M	-1M	0M	0M	1M	1M
EBITDA	147M	165M	72M	85M	67M	113M	144M	70M	98M	115M	93M	118M	208M	109M	85M	114M	114M	77M	45M	44M	42M	12M	25M	48M	47M	34M
EBITDA Margin	5.2%	5.5%	5.2%	6.1%	4.6%	6.1%	6.8%	4.3%	5.8%	7.6%	6.5%	8.6%	15.5%	8.8%	7.7%	9.2%	9.5%	8.0%	5.5%	6.2%	6.0%	1.6%	4.3%	8.0%	10.4%	14.2%
NOPAT	61M	69M	31M	35M	20M	59M	85M	30M	57M	74M	57M	79M	172M	79M	60M	91M	90M	57M	25M	23M	17M	5M	23M	46M	42M	28M
NOPAT Margin	2.1%	2.3%	2.2%	2.5%	1.4%	3.2%	4.1%	1.9%	3.4%	4.9%	4.0%	5.8%	12.8%	6.4%	5.4%	7.4%	7.6%	5.9%	3.1%	3.3%	2.4%	0.7%	3.8%	7.6%	9.2%	11.4%
Owner's Earnings	107M	164M	55M	64M	94M	57M	38M	41M	62M	91M	37M	63M	98M	1M	30M	91M	84M	13M	29M	36M	29M	-37M	3M	32M	30M	20M
Owner's Earnings Margin	3.8%	5.4%	4.0%	4.6%	6.5%	3.1%	1.8%	2.5%	3.7%	6.0%	2.6%	4.6%	7.3%	0.1%	2.7%	7.4%	7.1%	1.4%	3.5%	5.1%	4.2%	-4.8%	0.5%	5.3%	6.6%	8.2%
EPS (Basic)	0.23	0.38	0.12	0.11	0.21	0.20	0.28	0.10	0.20	0.26	0.22	0.29	0.63	0.30	0.29	0.34	0.34	0.22	0.10	0.08	0.05	0.01	0.08	0.18	0.20	0.16
EPS (Diluted)	0.23	0.38	0.12	0.11	0.21	0.20	0.28	0.10	0.20	0.26	0.22	0.29	0.62	0.30	0.29	0.34	0.33	0.22	0.10	0.08	0.05	0.01	0.08	0.18	0.21	0.16
Shares (Basic)	285M	285M	285M	285M	285M	285M	283M	283M	283M	282M	279M	277M	272M	272M	272M	272M	270M	260M	254M	254M	251M	251M	249M	240M	191M	166M
Shares (Diluted)	285M	285M	285M	285M	285M	285M	283M	283M	283M	284M	280M	277M	273M	273M	273M	273M	271M	261M	255M	257M	253M	251M	249M	242M	191M	166M

Balance Sheet

Metric	MRQ	MRQ-1	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-03-31	2013-03-31	2012-03-31	2011-03-31	2010-03-31	2009-03-31	2008-03-31	2007-03-31	2006-03-31	2005-03-31	2004-03-31	2003-03-31	2002-03-31
Cash & Cash Equivalents	249.13M	280.32M	280.32M	161.87M	138.23M	141.66M	127.79M	128.46M	127.83M	165.11M	223.87M	225.03M	176.99M	169.40M	243.63M	143.96M	161.15M	127.43M	79.65M	64.87M	45.10M	62.90M	70.41M	66.15M	31.60M	15.60M
Short-Term Investments	0.00M	0.00M	0.00M	0.05M	0.03M	0.09M	0.19M	0.04M	1.53M	15.50M	0.00M	0.00M	0.00M	1.42M	1.43M	5.17M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Cash & Short-Term Investments	249.13M	280.32M	280.32M	161.93M	138.26M	141.75M	127.98M	128.50M	129.36M	180.61M	223.87M	225.03M	176.99M	170.83M	245.05M	149.12M	161.15M	127.43M	79.65M	64.87M	45.10M	62.90M	70.41M	66.15M	31.60M	15.60M
Net Receivables	266.63M	264.17M	264.17M	318.57M	256.12M	260.66M	363.55M	183.31M	215.12M	239.85M	224.18M	185.35M	212.76M	187.45M	128.99M	0.00M	168.83M	150.02M	122.04M	0.00M	0.00M	0.00M	0.00M	195.55M	101.79M	52.52M
Inventory	270.91M	222.01M	222.01M	273.74M	425.53M	452.84M	344.90M	259.71M	288.62M	268.74M	196.15M	167.36M	192.82M	147.38M	132.25M	160.23M	155.06M	122.89M	125.34M	139.66M	130.21M	164.70M	140.39M	95.18M	66.04M	35.55M
Other Current Assets	58.98M	0.00M	0.00M	0.59M	0.59M	43.97M	38.72M	59.30M	43.26M	32.27M	33.11M	33.08M	40.22M	31.85M	9.66M	0.00M	1.26M	1.86M	1.90M	0.00M	119.26M	163.22M	0.00M	12.09M	7.60M	12.78M
Total Current Assets	845.65M	766.50M	766.50M	754.82M	820.49M	899.21M	875.16M	630.82M	676.36M	721.47M	677.30M	610.82M	622.79M	537.50M	515.95M	309.35M	486.30M	402.20M	328.93M	204.53M	294.57M	390.82M	210.80M	368.97M	207.04M	116.45M
Property, Plant & Equipment	257.33M	210.30M	210.30M	290.64M	327.01M	384.51M	396.85M	301.72M	261.58M	297.18M	276.08M	263.24M	257.32M	200.94M	117.37M	116.68M	113.37M	79.44M	62.76M	65.20M	78.03M	94.12M	80.37M	66.60M	62.76M	53.02M
Goodwill	3.95M	3.95M	3.95M	3.95M	3.95M	3.95M	3.95M	3.95M	3.95M	3.95M	3.95M	3.95M	3.95M	3.95M	3.95M	1.06M	1.06M	1.06M	1.06M	1.06M	1.06M	1.06M	-9.54M	-9.26M	-14.65M	-15.45M
Intangible Assets	6.35M	56.36M	56.36M	0.00M	3.95M	3.95M	3.95M	3.95M	49.39M	51.99M	50.91M	58.88M	66.27M	74.87M	81.84M	4.16M	4.23M	30.72M	4.40M	4.46M	4.44M	4.51M	0.00M	0.00M	0.00M	0.00M
Long-Term Investments	47.42M	21.87M	21.87M	26.11M	5.48M	29.56M	40.20M	46.26M	32.49M	13.62M	32.79M	28.27M	21.07M	16.96M	9.43M	12.67M	30.01M	0.20M	0.00M	0.00M	0.00M	0.00M	2.26M	0.00M	0.00M	0.00M
Tax Assets	1.09M	1.33M	1.33M	1.00M	1.31M	1.07M	1.95M	1.31M	2.33M	1.78M	1.09M	0.32M	0.76M	2.81M	3.52M	3.67M	1.89M	2.30M	2.18M	3.11M	3.06M	3.49M	2.52M	0.41M	0.00M	0.00M
Other Non-Current Assets	3.81M	23.02M	23.02M	3.17M	19.13M	11.01M	4.56M	9.95M	-2.33M	-1.78M	-1.09M	-0.32M	-0.76M	-2.81M	26.47M	24.36M	-0.37M	-0.20M	0.00M	0.00M	0.00M	0.00M	1.23M	5.14M	3.51M	3.51M
Other Assets	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	18.91M	8.18M	11.84M	16.11M	14.15M	3.93M	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	319.95M	316.82M	316.82M	324.87M	360.83M	434.05M	451.46M	367.15M	366.31M	374.92M	375.58M	370.43M	362.76M	300.65M	242.58M	162.59M	150.18M	113.52M	70.40M	73.82M	86.59M	103.17M	76.83M	62.89M	51.62M	41.09M
Total Assets	1,165.60M	1,083.31M	1,083.31M	1,079.68M	1,181.32M	1,333.26M	1,326.62M	997.96M	1,042.67M	1,096.38M	1,052.88M	981.25M	985.54M	838.15M	758.53M	471.95M	636.48M	515.72M	399.33M	278.35M	381.16M	493.99M	287.63M	431.86M	258.66M	157.54M
Accounts Payable	297.05M	226.72M	226.72M	188.73M	212.42M	218.33M	288.46M	154.35M	179.54M	199.83M	193.45M	149.76M	148.93M	171.75M	121.94M	159.12M	169.62M	130.10M	86.29M	70.60M	65.36M	105.77M	95.12M	115.37M	54.67M	29.34M
Short-Term Debt	1.85M	2.23M	2.23M	38.57M	120.23M	184.75M	138.55M	67.75M	69.54M	65.16M	108.34M	101.20M	88.38M	37.80M	16.93M	9.38M	12.76M	8.45M	8.68M	19.40M	41.66M	155.30M	54.86M	58.31M	41.22M	19.88M
Tax Payables	0.00M	15.94M	15.94M	12.25M	15.82M	18.92M	19.11M	7.89M	7.81M	6.10M	6.76M	12.93M	9.37M	12.87M	10.89M	15.74M	17.66M	18.22M	14.40M	14.27M	13.24M	11.25M	10.53M	7.10M	9.02M	6.18M
Deferred Revenue	4.45M	0.00M	0.00M	8.48M	18.73M	27.29M	23.21M	19.36M	27.62M	-65.16M	-108.34M	-101.20M	-88.38M	-37.80M	0.00M	0.00M	0.00M	18.22M	23.89M	25.73M	23.94M	11.25M	10.53M	7.10M	9.02M	-1.23M
Other Current Liabilities	24.86M	14.62M	14.62M	12.22M	36.82M	26.62M	21.14M	14.82M	13.93M	46.13M	42.99M	31.00M	33.33M	47.03M	0.00M	20.76M	16.15M	-6.47M	11.66M	13.37M	19.30M	14.44M	10.93M	0.00M	0.00M	0.00M
Total Current Liabilities	328.21M	259.51M	259.51M	260.25M	404.02M	475.90M	490.47M	264.17M	298.45M	252.05M	243.21M	193.69M	191.63M	231.65M	149.75M	204.99M	216.19M	168.52M	144.92M	143.36M	163.50M	298.01M	181.96M	187.89M	113.93M	54.18M
Long-Term Debt	0.00M	0.00M	0.00M	2.23M	17.04M	21.25M	0.00M	0.00M	0.00M	3.76M	6.68M	10.93M	12.41M	47.73M	85.53M	22.46M	33.50M	26.16M	3.64M	10.91M	0.00M	0.00M	77.29M	35.52M	1.94M	5.28M
Capital Lease Obligations	4.93M	3.75M	3.75M	5.36M	1.34M	1.16M	4.43M	5.11M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.04M	0.12M	0.20M	1.15M	5.07M	23.03M	9.38M	4.65M
Deferred Tax Liabilities	0.64M	0.73M	0.73M	1.27M	0.29M	0.09M	0.28M	0.43M	0.36M	0.50M	0.45M	1.44M	2.11M	4.65M	5.76M	2.81M	2.28M	2.58M	2.75M	2.85M	3.90M	3.99M	5.19M	4.75M	0.00M	1.04M
Other Non-Current Liabilities	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	17.60M	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 Liabilities	5.57M	4.48M	4.48M	8.85M	18.66M	22.50M	4.71M	5.54M	0.36M	4.26M	7.13M	12.38M	14.51M	52.38M	108.89M	25.27M	35.77M	28.74M	6.42M	13.89M	4.10M	5.13M	87.55M	63.30M	11.33M	10.97M
Total Liabilities	333.79M	263.99M	263.99M	269.11M	422.68M	498.40M	495.18M	269.71M	298.80M	256.31M	250.34M	206.07M	206.14M	284.03M	258.64M	230.26M	251.96M	197.26M	151.34M	157.25M	167.60M	303.14M	269.52M	251.18M	125.26M	65.15M
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	0.55M	0.17M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Common Stock	28.48M	28.48M	28.48M	28.48M	28.48M	28.48M	28.35M	28.35M	28.35M	28.21M	28.10M	27.71M	27.37M	27.23M	27.23M	27.23M	27.17M	24.25M	23.08M	23.08M	22.99M	0.00M	0.00M	0.00M	0.00M	0.00M
Retained Earnings	705.41M	698.43M	698.43M	687.01M	685.53M	657.05M	648.28M	590.83M	595.11M	578.99M	547.05M	526.79M	488.28M	372.28M	326.20M	294.64M	264.02M	203.12M	164.51M	151.13M	137.28M	126.18M	117.65M	106.06M	76.40M	46.53M
Accumulated OCI	-38.31M	0.00M	0.00M	-35.81M	-2.11M	32.20M	35.51M	-4.03M	11.33M	37.12M	11.83M	39.52M	54.43M	45.78M	-191.42M	-177.96M	-161.01M	-145.73M	-134.45M	-118.37M	-93.57M	0.00M	0.00M	0.00M	0.00M	0.00M
Minority Interest	1.95M	1.96M	1.96M	2.05M	1.78M	1.52M	1.19M	0.85M	1.02M	1.47M	0.26M	-0.42M	-1.52M	-1.13M	-0.55M	-0.17M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.44M	0.00M
Total Shareholders’ Equity	695.58M	726.91M	726.91M	679.68M	711.90M	717.73M	712.13M	615.15M	634.79M	644.32M	586.98M	594.02M	570.08M	445.29M	162.56M	144.08M	130.18M	81.64M	53.15M	55.85M	66.71M	126.18M	117.65M	106.06M	76.40M	46.53M
Total Equity	697.52M	728.86M	728.86M	681.73M	713.69M	719.25M	713.33M	616.00M	635.81M	645.78M	587.24M	593.60M	568.55M	444.16M	162.00M	143.92M	130.18M	81.64M	53.15M	55.85M	66.71M	126.18M	117.65M	106.06M	76.84M	46.53M
Total Liabilities & Equity	1,031.31M	992.85M	992.85M	950.84M	1,136.37M	1,217.64M	1,208.51M	885.71M	934.61M	902.09M	837.57M	799.67M	774.69M	728.19M	420.64M	374.17M	382.14M	278.89M	204.49M	213.09M	234.31M	429.33M	387.17M	357.24M	202.10M	111.68M
Tangible Assets	1,155.30M	1,023.01M	1,023.01M	1,075.73M	1,173.42M	1,325.36M	1,318.72M	990.06M	989.33M	1,040.44M	998.01M	918.42M	915.33M	759.33M	672.74M	466.73M	631.20M	483.94M	393.87M	272.83M	375.66M	488.42M	297.17M	441.12M	273.31M	172.98M
Tangible Equity	687.22M	668.56M	668.56M	677.78M	705.79M	711.35M	705.43M	608.10M	582.47M	589.84M	532.37M	530.78M	498.34M	365.35M	76.21M	138.70M	124.90M	49.86M	47.69M	50.33M	61.20M	120.62M	127.20M	115.33M	91.49M	61.98M
Tangible Book Value	687.22M	668.56M	668.56M	677.78M	705.79M	711.35M	705.43M	608.10M	582.47M	589.84M	532.37M	530.78M	498.34M	365.35M	76.21M	138.70M	124.90M	49.86M	47.69M	50.33M	61.20M	120.62M	127.20M	115.33M	91.49M	61.98M
Total Investments	47.42M	21.87M	21.87M	26.17M	5.51M	29.65M	40.40M	46.31M	34.02M	29.12M	32.79M	28.27M	21.07M	18.38M	10.86M	17.84M	30.01M	0.20M	0.00M	0.00M	0.00M	0.00M	2.26M	0.00M	3.51M	3.51M
Net Debt	-247.28M	-278.09M	-278.09M	-121.08M	-0.96M	64.34M	10.76M	-60.71M	-58.29M	-96.19M	-108.85M	-112.90M	-76.20M	-83.88M	-141.17M	-112.12M	-114.90M	-92.82M	-67.33M	-34.56M	-3.44M	92.40M	61.74M	27.68M	11.56M	9.56M

Capital Metrics

Metric	MRQ	MRQ-1	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-03-31	2013-03-31	2012-03-31	2011-03-31	2010-03-31	2009-03-31	2008-03-31	2007-03-31	2006-03-31	2005-03-31	2004-03-31	2003-03-31	2002-03-31
Working Capital	483.9M	473.8M	473.8M	465.2M	462.2M	398.4M	355.4M	343.2M	358.7M	361.0M	302.0M	309.3M	297.0M	270.3M	339.0M	299.9M	287.6M	245.8M	220.3M	205.0M	156.2M	119.9M	214.6M	180.6M	90.9M	56.8M
Total Capital	798.0M	792.0M	792.0M	827.1M	941.7M	1,017.4M	949.1M	782.7M	793.2M	799.1M	785.2M	779.9M	747.5M	605.2M	575.7M	469.2M	448.2M	365.2M	296.7M	295.4M	280.6M	375.3M	345.0M	300.0M	189.4M	118.0M
Capital Employed	803.8M	790.6M	790.6M	790.1M	823.1M	832.5M	806.9M	710.4M	725.0M	735.9M	677.6M	679.7M	659.7M	570.9M	581.6M	462.5M	437.7M	359.4M	290.7M	278.8M	242.7M	223.0M	291.4M	243.5M	142.5M	97.9M
Invested Capital	548.9M	511.7M	511.7M	665.3M	803.5M	875.7M	821.3M	654.2M	665.3M	633.9M	561.4M	554.9M	570.5M	435.8M	332.1M	325.3M	287.1M	237.8M	217.0M	230.6M	235.5M	312.4M	274.6M	233.9M	157.8M	102.4M

Cash Flow Statement

Metric	TTM	TTM-1	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-03-31	2013-03-31	2012-03-31	2011-03-31	2010-03-31	2009-03-31	2008-03-31	2007-03-31	2006-03-31	2005-03-31	2004-03-31	2003-03-31	2002-03-31
Net Income	65.18M	106.83M	34.30M	32.06M	59.81M	56.47M	79.27M	27.71M	55.56M	74.11M	61.75M	80.04M	170.41M	81.49M	77.45M	93.09M	90.44M	56.51M	24.92M	20.69M	12.05M	1.35M	19.22M	43.91M	39.45M	27.22M
Depreciation & Amortization	72.14M	85.88M	35.47M	39.78M	42.69M	47.99M	46.77M	38.18M	34.44M	33.51M	31.09M	30.71M	30.45M	19.22M	20.63M	13.89M	11.93M	13.29M	16.01M	19.80M	21.23M	0.00M	0.00M	0.00M	0.80M	0.56M
Deferred Income Tax	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-181.48M	-70.59M	41.97M	0.00M	57.54M	-28.50M	34.81M	90.25M	-24.55M	-11.77M	-104.76M	-1.97M	0.00M	0.00M	0.05M	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	0.09M	0.17M	0.74M	0.00M	1.60M	4.13M	2.95M	0.52M	0.16M	0.13M	0.60M	1.17M	0.00M	0.00M	0.93M	0.00M	0.00M	0.00M	0.00M	0.00M
Change in Working Capital	105.20M	24.80M	121.32M	100.20M	30.46M	-70.71M	-87.86M	5.93M	-42.72M	-77.13M	-59.14M	24.37M	-37.76M	-90.77M	28.24M	-10.90M	-11.09M	17.81M	14.31M	0.25M	57.98M	0.00M	0.00M	0.00M	0.00M	0.00M
Accounts Receivable	-25.50M	87.42M	32.43M	-10.22M	8.63M	106.19M	-150.97M	11.19M	-22.84M	-4.54M	-31.38M	-1.92M	5.20M	-75.65M	56.91M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Inventory	67.96M	43.21M	52.77M	142.00M	27.21M	-113.51M	-85.19M	28.91M	-19.88M	-72.59M	-27.77M	26.28M	-42.96M	-15.13M	27.98M	-5.17M	-32.17M	2.45M	17.46M	-1.27M	34.49M	0.00M	0.00M	0.00M	0.00M	0.00M
Accounts Payable	95.67M	-105.83M	0.00M	-31.57M	-5.38M	-63.39M	148.31M	-34.17M	-17.78M	14.04M	63.87M	4.03M	0.00M	0.00M	-56.91M	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	3.19M	0.00M	36.12M	0.00M	0.00M	0.00M	0.00M	0.00M	17.78M	-14.04M	-127.73M	-8.07M	-0.40M	0.00M	-56.65M	-5.74M	21.08M	15.36M	-3.15M	1.51M	23.50M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Cash Items	22.86M	116.79M	-1.64M	-9.62M	-37.51M	16.73M	199.80M	72.07M	-57.68M	8.72M	60.19M	-8.21M	-171.42M	54.09M	3.49M	6.52M	101.27M	6.89M	0.26M	1.99M	8.63M	15.92M	-9.23M	-60.48M	-48.58M	-4.06M
Net Cash from Operating Activities	265.37M	187.34M	189.45M	162.43M	95.45M	50.48M	56.60M	73.46M	32.32M	39.21M	95.48M	131.03M	-5.38M	64.54M	105.43M	90.95M	88.38M	93.71M	55.51M	42.73M	100.88M	17.27M	9.99M	-16.58M	-8.34M	23.71M
Capital Expenditures (PPE)	-27.68M	-29.10M	-14.63M	-7.88M	-8.45M	-47.79M	-87.79M	-24.90M	-28.74M	-17.24M	-56.48M	-47.62M	-102.51M	-99.40M	-68.65M	-15.82M	-18.08M	-56.66M	-12.36M	-4.13M	-3.84M	-37.33M	-15.55M	-11.56M	-10.30M	-7.84M
Acquisitions (Net)	-2.07M	-23.46M	0.00M	0.00M	12.27M	0.07M	1.00M	0.05M	1.77M	-0.64M	2.59M	-1.01M	156.03M	0.00M	3.30M	-1.73M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-6.21M	0.00M	-2.03M	-18.97M
Purchases of Investments	-2.34M	-4.51M	-3.90M	-1.55M	-3.82M	-6.68M	-3.88M	-57.78M	-17.27M	-18.59M	-8.95M	-5.49M	-3.88M	0.00M	0.00M	-3.69M	-29.31M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-0.78M	-3.51M
Sales / Maturities of Investments	0.00M	17.75M	5.14M	0.00M	18.27M	6.11M	0.00M	51.54M	15.50M	7.20M	6.46M	6.50M	1.28M	11.68M	5.16M	3.22M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.03M	0.00M
Other Investing Activities	5.61M	23.07M	10.09M	3.04M	-12.27M	-6.11M	2.55M	0.48M	-1.09M	8.92M	3.00M	4.12M	1.90M	4.03M	31.98M	-16.52M	1.91M	0.53M	1.60M	0.66M	1.21M	4.10M	0.06M	-0.69M	0.15M	0.36M
Net Cash from Investing Activities	-26.47M	-15.85M	-3.31M	-6.38M	6.00M	-54.40M	-88.12M	-30.62M	-29.83M	-20.35M	-53.38M	-50.00M	52.82M	-83.69M	-31.50M	-34.53M	-45.48M	-56.13M	-10.77M	-3.47M	-2.64M	-33.23M	-21.69M	-12.25M	-12.93M	-29.96M
Net Debt Issuance	-40.79M	-64.18M	-38.57M	-99.01M	-68.74M	67.45M	70.80M	-1.79M	0.62M	-46.10M	2.89M	11.34M	15.26M	-16.93M	70.62M	-14.42M	11.64M	21.60M	-18.08M	-11.42M	-114.59M	23.15M	32.86M	47.80M	15.43M	19.16M
Long-Term Debt Issuance	-31.47M	-66.17M	-38.57M	-96.47M	-70.85M	67.45M	70.80M	-1.79M	0.62M	-46.10M	2.89M	11.34M	15.26M	-16.93M	70.62M	-14.42M	11.64M	21.60M	-7.27M	17.36M	-68.34M	-30.85M	74.39M	43.76M	15.43M	19.16M
Short-Term Debt Issuance	-9.32M	1.99M	0.00M	-2.54M	2.11M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	15.26M	0.00M	70.62M	0.00M	0.00M	0.00M	-10.80M	-28.70M	-45.30M	54.00M	-41.52M	4.04M	0.00M	0.00M
Net Stock Issuance	0.00M	0.00M	0.00M	0.00M	0.00M	1.87M	0.00M	0.00M	0.00M	2.41M	8.50M	6.66M	1.98M	0.00M	0.00M	0.38M	4.25M	6.50M	0.00M	0.39M	0.87M	0.00M	0.00M	33.09M	50.00M	0.00M
Common Stock Issuance	0.00M	0.00M	0.00M	0.00M	0.00M	1.87M	0.00M	0.00M	2.64M	2.41M	8.50M	6.66M	1.98M	0.00M	0.00M	0.38M	4.25M	6.50M	0.00M	0.39M	0.87M	0.00M	0.00M	33.09M	50.00M	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	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	0.00M	0.00M
Net Dividends Paid	-45.57M	-68.35M	-22.78M	-31.33M	-31.33M	-48.41M	-22.68M	-34.02M	-39.59M	-42.32M	-41.59M	-41.56M	-54.63M	-35.40M	-46.29M	-62.63M	-29.54M	-17.90M	-11.54M	-6.92M	-1.14M	-4.22M	-13.62M	-11.17M	-35.00M	0.00M
Common Dividends Paid	-45.57M	-68.35M	-22.78M	-31.33M	-31.33M	-48.41M	-22.68M	-34.02M	-39.59M	-42.32M	-41.59M	-41.56M	-40.97M	-35.40M	-46.29M	-62.63M	-29.54M	-17.90M	-11.54M	-6.92M	-1.14M	-4.22M	-13.62M	-11.17M	-35.00M	0.00M
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	-13.66M	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	-68.17M	9.12M	-1.77M	0.00M	-2.11M	-3.79M	-30.34M	-3.78M	2.64M	0.00M	2.38M	-1.15M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-1.87M	-3.23M	-6.87M	-13.13M	-3.31M	-2.92M	0.24M	-6.18M
Net Cash from Financing Activities	-154.53M	-123.42M	-63.13M	-130.33M	-102.18M	17.12M	17.78M	-39.59M	-36.32M	-86.01M	-27.82M	-24.71M	-37.40M	-52.33M	24.33M	-76.67M	-13.65M	10.20M	-31.49M	-21.18M	-121.72M	5.80M	15.94M	66.80M	30.68M	12.98M
Effect of FX on Cash	-5.55M	-4.31M	-4.57M	-2.06M	-2.71M	0.67M	13.07M	-2.74M	-3.45M	8.39M	-15.44M	-8.28M	-2.47M	-2.75M	1.41M	3.06M	4.46M	0.00M	1.53M	1.69M	5.68M	2.65M	0.03M	0.00M	3.17M	3.70M
Net Change in Cash	78.82M	43.77M	118.44M	23.65M	-3.43M	13.87M	-0.67M	0.52M	-37.28M	-58.76M	-1.16M	48.04M	7.59M	-74.22M	99.67M	-17.19M	33.72M	47.78M	14.78M	19.77M	-17.80M	-7.51M	4.26M	37.97M	12.58M	10.42M
Cash at Beginning of Period	894.03M	564.47M	161.87M	138.23M	141.66M	127.79M	128.46M	127.94M	165.11M	223.87M	225.03M	176.99M	169.40M	243.63M	143.96M	161.15M	127.43M	79.65M	64.87M	45.10M	62.90M	70.41M	66.15M	28.18M	15.60M	5.17M
Cash at End of Period	972.85M	608.24M	280.32M	161.87M	138.23M	141.66M	127.79M	128.46M	127.83M	165.11M	223.87M	225.03M	176.99M	169.40M	243.63M	143.96M	161.15M	127.43M	79.65M	64.87M	45.10M	62.90M	70.41M	66.15M	28.18M	15.60M
Operating Cash Flow	259.08M	187.34M	189.45M	162.43M	95.45M	50.48M	56.60M	73.46M	32.32M	39.21M	95.48M	131.03M	-5.38M	64.54M	105.43M	90.95M	88.38M	93.71M	55.51M	42.73M	100.88M	17.27M	9.99M	-16.58M	-8.34M	23.71M
Capital Expenditure	-27.68M	-29.10M	-14.63M	-7.88M	-8.45M	-47.79M	-87.79M	-24.90M	-28.74M	-17.24M	-56.48M	-47.62M	-102.51M	-99.40M	-68.65M	-15.82M	-18.08M	-56.66M	-12.36M	-4.13M	-3.84M	-37.33M	-15.55M	-11.56M	-10.30M	-7.84M
Free Cash Flow	231.41M	158.24M	174.82M	154.55M	87.00M	2.69M	-31.20M	48.56M	3.58M	21.97M	39.00M	83.41M	-107.89M	-34.85M	36.78M	75.13M	70.31M	37.05M	43.14M	38.60M	97.03M	-20.05M	-5.56M	-28.14M	-18.64M	15.88M

Free Cash Flow

Metric	TTM	TTM-1	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-03-31	2013-03-31	2012-03-31	2011-03-31	2010-03-31	2009-03-31	2008-03-31	2007-03-31	2006-03-31	2005-03-31	2004-03-31	2003-03-31	2002-03-31
EBITDA	141.30M	169.89M	69.57M	78.74M	45.18M	89.63M	118.40M	69.43M	96.03M	111.78M	105.60M	99.96M	84.63M	105.62M	84.15M	108.23M	111.42M	75.90M	43.11M	43.70M	41.45M	30.61M	41.90M	59.24M	45.06M	40.97M
(-) Tax Adjustment	30.82M	21.72M	11.98M	17.35M	7.21M	7.97M	14.57M	3.55M	7.84M	8.49M	5.93M	9.77M	2.74M	12.32M	5.45M	9.31M	12.98M	8.05M	5.01M	1.90M	8.19M	10.71M	4.98M	3.04M	4.64M	7.52M
(-) Change In Working Capital	105.20M	24.80M	121.32M	100.20M	30.46M	-70.71M	-87.86M	5.93M	-42.72M	-77.13M	-59.14M	24.37M	-37.76M	-90.77M	28.24M	-10.90M	-11.09M	17.81M	14.31M	0.25M	57.98M	0.00M	0.00M	0.00M	0.00M	0.00M
(-) Capital Expenditure	-27.68M	-29.10M	-14.63M	-7.88M	-8.45M	-47.79M	-87.79M	-24.90M	-28.74M	-17.24M	-56.48M	-47.62M	-102.51M	-99.40M	-68.65M	-15.82M	-18.08M	-56.66M	-12.36M	-4.13M	-3.84M	-37.33M	-15.55M	-11.56M	-10.30M	-7.84M
Unlevered Free Cash Flow	-22.39M	94.28M	-78.37M	-46.70M	-0.94M	104.58M	103.89M	35.04M	102.17M	163.18M	102.33M	18.20M	17.13M	84.68M	-18.20M	94.01M	91.45M	-6.62M	11.44M	37.42M	-28.57M	-17.43M	21.38M	44.64M	30.11M	25.61M
(-) Net Interest Income After Taxes	5.31M	-6.49M	4.55M	-0.60M	-3.29M	-2.27M	-1.27M	-3.35M	-1.74M	-0.90M	3.02M	0.51M	-1.73M	1.48M	1.75M	1.72M	0.49M	-0.17M	-0.31M	-2.49M	-4.54M	-5.77M	0.00M	0.00M	0.00M	0.00M
Net Debt Issuance	-40.79M	-64.18M	-38.57M	-99.01M	-68.74M	67.45M	70.80M	-1.79M	0.62M	-46.10M	2.89M	11.34M	15.26M	-16.93M	70.62M	-14.42M	11.64M	21.60M	-18.08M	-11.42M	-114.59M	23.15M	32.86M	47.80M	15.43M	19.16M
Levered Free Cash Flow	-68.49M	36.58M	-121.48M	-145.10M	-66.39M	174.30M	175.96M	36.60M	104.53M	117.98M	102.20M	29.03M	34.13M	66.26M	50.67M	77.87M	102.61M	15.15M	-6.33M	28.49M	-138.61M	11.49M	54.24M	92.43M	45.55M	44.77M