EDN
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
Price Chart
Latest Quote
$23.61
+0.22 (+0.94%)
Current Price
| Previous Close | $23.39 |
| Open | $23.18 |
| Day High | $24.10 |
| Day Low | $22.10 |
| Volume | 99,379 |
Stock Information
Note: Financial values converted from ARS to USD
| Total Debt | $1.13B |
| Cash Equivalents | $854.08M |
| Revenue | $2.04B |
| Net Income | $146.78M |
| Sector | Utilities |
| Industry | Utilities - Regulated Electric |
| P/E Ratio | 7.07 |
| EPS (TTM) | $3.34 |
| Exchange | NYQ |
📊 Comprehensive Analysis
Company Data
| Enterprise Value | $418.05B |
| Sales | $2.04B |
| Income | $146.78M |
| Book/sh | $41.52 |
| Employees | 5K |
Financial Ratios
| Quick Ratio | 1.26 |
| Current Ratio | 1.46 |
| Debt/Eq | 61.91 |
| EPS Growth TTM | -74.80% |
Returns & Margins
| ROA | 3.09% |
| ROE | 9.59% |
| Gross Margin | 25.24% |
| Operating Margin | 5.14% |
| Profit Margin | 7.20% |
Ownership
| Institutional Ownership | 9.04% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 17.34 |
| PEG | 6.92 |
| P/B | 0.57 |
Analyst Data
| Recommendation | none |
| Target Price | $38.50 |
Technical Indicators
| SMA20 | $23.69 |
| SMA50 | $24.76 |
| SMA200 | $27.50 |
| RSI | 46.54 |
| ATR | 1.2250 |
| Shares Float | 8.43M |
| Short Float | 8.85% |
| Short Ratio | 9.52 |
| Volatility | -0.07 |
| Rel Volume | 0.99 |
Performance History
| Week | +5.87% |
| Month | -13.36% |
| Quarter | -14.58% |
| 6 Months | -8.10% |
| YTD | -20.72% |
| Year | +11.79% |
| 3 Years | +69.86% |
| 5 Years | +436.59% |
| 10 Years | +32.27% |
Stock Score:
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Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-08-31 | $23.61 | 99,400 |
| 2026-08-27 | $23.65 | 46,800 |
| 2026-08-26 | $23.72 | 58,400 |
| 2026-08-25 | $23.79 | 76,400 |
| 2026-08-24 | $23.50 | 241,200 |
| 2026-08-21 | $22.30 | 83,600 |
| 2026-08-20 | $22.12 | 107,500 |
| 2026-08-19 | $22.27 | 118,100 |
| 2026-08-18 | $22.50 | 54,400 |
| 2026-08-17 | $23.02 | 41,800 |
| 2026-08-14 | $23.14 | 114,600 |
| 2026-08-13 | $23.79 | 286,400 |
| 2026-08-12 | $22.70 | 61,600 |
| 2026-08-11 | $23.04 | 161,700 |
| 2026-08-10 | $24.02 | 171,900 |
| 2026-08-07 | $24.30 | 52,500 |
| 2026-08-06 | $24.89 | 30,400 |
| 2026-08-05 | $25.56 | 42,500 |
| 2026-08-04 | $25.42 | 129,900 |
| 2026-08-03 | $26.39 | 37,400 |
About Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima engages in the distribution and sale of electricity in Argentina. The company operates an electrical power distribution system that consists of 85 transformation substations and interconnections with high voltage customers with 20,295 MVA of installed power and 1,594 km of high voltage networks; and MV/LV and MV/MV distribution system comprises 19,845 transformers with 10,137 MVA of installed power, 12,732 km of medium voltage networks, and 28,590 km of low voltage networks. It serves approximately 3.39 million customers. The company was formerly known as Empresa Distribuidora Norte Sociedad Anónima and changed its name to Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in January 1997. The company was founded in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima operates as a subsidiary of Empresa de Energía del Cono Sur S.A.
📰 Latest News
Empresa Distribuidora y Comercializadora Norte SA (EDN) Q1 2026 Earnings Call Highlights: ...
GuruFocus.com • 2026-05-12T17:00:20ZEmpresa: Q4 Earnings Snapshot
Associated Press Finance • 2026-03-10T08:17:09ZEmpresa Distribuidora y Comercializadora Norte SA (EDN) Q4 2025 Earnings Call Highlights: A ...
GuruFocus.com • 2026-03-09T19:00:33ZHow Shifting Analyst Views Are Shaping the Story Behind Edenor’s Investment Case
Simply Wall St. • 2025-11-17T11:09:25Z
How Recent Developments Are Reshaping the Empresa Distribuidora y Comercializadora Norte Investment Story
Simply Wall St. • 2025-11-01T20:09:45Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $1,422,130,071 | $1,331,213,460 | $1,156,066,698 | $832,073,373 |
| Cost Of Revenue | $1,541,236,140 | $1,446,712,458 | $1,286,842,547 | $897,283,512 |
| Total Revenue | $1,995,257,482 | $1,793,000,647 | $1,339,827,203 | $931,188,782 |
| Operating Revenue | $1,995,257,482 | $1,793,000,647 | $1,339,827,203 | $931,188,782 |
| Expenses | ||||
| Interest Expense | $203,830,551 | $293,107,402 | $609,381,581 | $396,422,944 |
| Total Expenses | $1,895,427,597 | $1,753,100,047 | $1,567,484,305 | $1,070,494,317 |
| Rent Expense Supplemental | $10,511,007 | $6,581,054 | $4,840,560 | $5,095,397 |
| Other Income Expense | $364,553,031 | $579,087,385 | $1,279,242,814 | $546,426,945 |
| Other Non Operating Income Expenses | $145,506,336 | $407,214,138 | $377,873,245 | $82,048,698 |
| Net Non Operating Interest Income Expense | $-270,032,018 | $-449,370,242 | $-703,432,947 | $-419,048,694 |
| Total Other Finance Cost | $67,382,921 | $156,969,311 | $94,750,499 | $22,920,613 |
| Interest Expense Non Operating | $203,830,551 | $293,107,402 | $609,381,581 | $396,422,944 |
| Operating Expense | $354,191,457 | $306,387,588 | $280,641,758 | $173,210,805 |
| Other Operating Expenses | $-11,310,874 | $-23,939,960 | $-22,159,439 | $-11,466,311 |
| Selling And Marketing Expense | $68,274,849 | $92,847,898 | $67,402,935 | $52,292,861 |
| General And Administrative Expense | $184,284,854 | $155,445,629 | $156,021,346 | $88,629,085 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $159,597,063 | $238,813,206 | $167,957,303 | $-29,362,241 |
| Net Interest Income | $-270,032,018 | $-449,370,242 | $-703,432,947 | $-419,048,694 |
| Interest Income | $1,181,454 | $706,471 | $699,133 | $294,863 |
| Normalized Income | $-20,256,137 | $-137,600,966 | $-417,945,059 | $-331,224,146 |
| Net Income From Continuing And Discontinued Operation | $159,597,063 | $238,813,206 | $167,957,303 | $-29,362,241 |
| Total Operating Income As Reported | $95,489,659 | $36,921,948 | $-228,915,941 | $-141,365,575 |
| Net Income Common Stockholders | $159,597,063 | $238,813,206 | $167,957,303 | $-29,362,241 |
| Net Income | $159,597,063 | $238,813,206 | $167,957,303 | $-29,362,241 |
| Net Income Including Noncontrolling Interests | $159,597,063 | $238,813,206 | $167,957,303 | $-29,362,241 |
| Net Income Continuous Operations | $159,597,063 | $238,813,206 | $167,957,303 | $-29,362,241 |
| Pretax Income | $194,350,898 | $169,617,743 | $348,152,765 | $-11,927,285 |
| Special Income Charges | $200,611,072 | $532,719,140 | $867,495,654 | $444,932,617 |
| Earnings From Equity Interest | $28,686 | $-11,341 | $-18,679 | $-24,683 |
| Interest Income Non Operating | $1,181,454 | $706,471 | $699,133 | $294,863 |
| Operating Income | $99,829,885 | $39,900,600 | $-227,657,102 | $-139,305,535 |
| Depreciation Amortization Depletion Income Statement | $21,468,979 | $29,459,639 | $32,777,184 | $21,767,845 |
| Depreciation And Amortization In Income Statement | $21,468,979 | $29,459,639 | $32,777,184 | $21,767,845 |
| Depreciation Income Statement | $21,468,979 | $29,459,639 | $32,777,184 | $21,767,845 |
| Gross Profit | $454,021,342 | $346,288,188 | $52,984,656 | $33,905,270 |
| Per Share | ||||
| Diluted EPS | $3.65 | $4.15 | $0.74 | $-0.27 |
| Basic EPS | $3.65 | $4.15 | $0.74 | $-0.27 |
| Other | ||||
| Tax Effect Of Unusual Items | $39,164,809 | $202,684,554 | $315,485,887 | $162,541,025 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $319,738,489 | $28,585,056 | $219,699,130 | $7,070,714 |
| Total Unusual Items | $219,018,010 | $579,098,726 | $901,388,249 | $464,402,930 |
| Total Unusual Items Excluding Goodwill | $219,018,010 | $579,098,726 | $901,388,249 | $464,402,930 |
| Reconciled Depreciation | $140,575,048 | $144,958,637 | $163,553,033 | $86,977,984 |
| EBITDA (Bullshit earnings) | $538,756,498 | $607,683,782 | $1,121,087,379 | $471,473,644 |
| EBIT | $398,181,450 | $462,725,145 | $957,534,345 | $384,495,659 |
| Diluted Average Shares | $29,186 | $29,186 | $29,186 | $29,186 |
| Basic Average Shares | $29,186 | $29,186 | $29,186 | $29,186 |
| Diluted NI Availto Com Stockholders | $159,597,063 | $238,813,206 | $167,957,303 | $-29,362,241 |
| Tax Provision | $34,753,835 | $-69,195,463 | $180,195,462 | $17,434,956 |
| Gain On Sale Of Ppe | $-4,242,829 | $-2,732,488 | $-890,594 | $-1,575,050 |
| Other Special Charges | $-204,979,984 | $-535,686,452 | $-868,735,814 | $-446,967,974 |
| Restructuring And Mergern Acquisition | $126,084 | $234,823 | $349,566 | $460,307 |
| Gain On Sale Of Security | $18,406,938 | $46,379,586 | $33,892,595 | $19,470,313 |
| Other Taxes | $75,999,332 | $44,260,840 | $33,869,913 | $24,028,686 |
| Provision For Doubtful Accounts | $15,474,316 | $8,313,542 | $12,729,820 | $-2,041,361 |
| Selling General And Administration | $252,559,704 | $248,293,526 | $223,424,280 | $140,921,946 |
| Other Gand A | $105,478,318 | $70,974,649 | $66,117,411 | $36,353,569 |
| Rent And Landing Fees | $8,025,350 | $4,887,258 | $3,582,388 | $4,210,807 |
| Salaries And Wages | $70,781,187 | $79,583,722 | $86,321,547 | $48,064,709 |
| Write Off | - | $3,901,267 | $2,048,699 | $1,531,021 |
| Impairment Of Capital Assets | - | - | - | $0 |
Fetched: 2026-08-21
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $1,482,925,934 | $1,322,565,695 | $822,284,180 | $695,913,935 |
| Total Assets | $3,842,150,056 | $3,492,381,548 | $2,191,879,228 | $2,172,090,035 |
| Total Non Current Assets | $2,801,169,414 | $2,644,410,243 | $1,854,535,669 | $1,794,523,662 |
| Non Current Accounts Receivable | $350,901 | $108,072 | $4,003 | $13,342 |
| Investmentin Financial Assets | $35,814,543 | $0 | - | - |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | $35,814,543 | $0 | - | - |
| Current Assets | $1,040,980,642 | $847,971,305 | $337,343,559 | $377,566,373 |
| Restricted Cash | $1,728,486 | $1,611,074 | $543,696 | $432,955 |
| Prepaid Assets | $8,559,706 | $7,920,614 | $3,830,554 | $1,639,760 |
| Inventory | $155,640,425 | $131,436,289 | $57,840,560 | $29,124,082 |
| Receivables | $343,850,563 | $358,516,340 | $141,833,221 | $211,224,814 |
| Receivables Adjustments Allowances | $-1,218,145 | $-45,364 | $-85,390 | $-29,353 |
| Other Receivables | $13,183,455 | $9,061,374 | $32,450,967 | $84,595,062 |
| Taxes Receivable | $823,215 | $11,425,617 | $12,720,480 | $20,418,946 |
| Accounts Receivable | $205,275,515 | $157,162,106 | $47,043,362 | $126,629,752 |
| Allowance For Doubtful Accounts Receivable | $-16,704,469 | $-9,973,315 | $-9,066,711 | $-9,627,085 |
| Gross Accounts Receivable | $221,979,984 | $167,135,422 | $56,110,073 | $35,923,282 |
| Cash Cash Equivalents And Short Term Investments | $531,201,462 | $348,486,987 | $133,295,529 | $137,217,477 |
| Cash And Cash Equivalents | $138,140,092 | $20,667,778 | $13,260,173 | $7,374,249 |
| Cash Equivalents | $46,877,251 | $3,279,520 | $11,229,486 | $1,584,390 |
| Cash Financial | $91,262,841 | $17,388,259 | $2,030,687 | $1,801,868 |
| Non Current Note Receivables | - | - | - | - |
| Debt | ||||
| Net Debt | $651,915,269 | $389,577,714 | $124,759,838 | $59,220,146 |
| Total Debt | $795,683,780 | $418,044,025 | $142,250,832 | $66,594,396 |
| Long Term Debt And Capital Lease Obligation | $472,871,242 | $315,887,255 | $65,511,674 | $65,761,840 |
| Long Term Debt | $470,015,338 | $311,490,990 | $64,420,279 | $65,761,840 |
| Current Debt And Capital Lease Obligation | $322,812,538 | $102,156,770 | $76,739,159 | $832,555 |
| Current Debt | $320,040,023 | $98,754,502 | $73,599,732 | $832,555 |
| Other Current Borrowings | $234,699,797 | $50,075,383 | $73,187,457 | $382,255 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $2,359,224,123 | $2,169,815,853 | $1,369,595,048 | $1,476,176,101 |
| Total Non Current Liabilities Net Minority Interest | $1,386,661,092 | $1,213,450,286 | $852,823,873 | $577,047,358 |
| Tradeand Other Payables Non Current | $225,757,169 | $162,771,846 | $232,102,733 | $86,765,843 |
| Non Current Deferred Liabilities | $653,677,778 | $698,480,312 | $530,175,444 | $390,979,315 |
| Non Current Deferred Taxes Liabilities | $560,765,170 | $603,587,718 | $510,601,062 | $374,344,225 |
| Current Liabilities | $972,563,031 | $956,365,566 | $516,771,175 | $899,128,742 |
| Current Deferred Liabilities | $3,947,298 | $2,901,935 | $1,924,616 | $198,799 |
| Current Notes Payable | $41,270,847 | $0 | - | - |
| Payables And Accrued Expenses | $502,236,152 | $726,318,204 | $369,561,036 | $890,248,822 |
| Payables | $502,236,152 | $726,318,204 | $369,561,036 | $847,997,989 |
| Other Payable | $140,106,069 | $149,592,393 | $76,368,245 | $28,607,071 |
| Total Tax Payable | $139,691,126 | $30,087,391 | $6,738,492 | $5,959,306 |
| Income Tax Payable | $62,458,305 | $0 | - | $0 |
| Accounts Payable | $222,283,520 | $546,457,632 | $284,661,104 | $813,431,612 |
| Equity | ||||
| Common Stock Equity | $1,482,925,934 | $1,322,565,695 | $822,284,180 | $695,913,935 |
| Total Equity Gross Minority Interest | $1,482,925,934 | $1,322,565,695 | $822,284,180 | $695,913,935 |
| Stockholders Equity | $1,482,925,934 | $1,322,565,695 | $822,284,180 | $695,913,935 |
| Gains Losses Not Affecting Retained Earnings | $715,350,225 | $491,607,733 | $372,210,136 | $373,626,413 |
| Other Equity Adjustments | $715,350,225 | $491,607,733 | $372,210,136 | $373,626,413 |
| Retained Earnings | $159,597,063 | $222,979,317 | $-12,034,690 | $-139,711,139 |
| Long Term Equity Investment | $134,757 | $106,738 | $82,722 | $96,064 |
| Other | ||||
| Treasury Shares Number | $20,529 | $20,529 | $20,582 | $20,677 |
| Ordinary Shares Number | $584,178 | $584,178 | $584,125 | $584,030 |
| Share Issued | $604,707 | $604,707 | $604,707 | $604,707 |
| Tangible Book Value | $1,482,925,934 | $1,322,565,695 | $822,284,180 | $695,913,935 |
| Invested Capital | $2,272,981,295 | $1,732,811,188 | $960,304,192 | $762,508,330 |
| Working Capital | $68,417,611 | $-108,394,262 | $-179,427,616 | $-521,562,369 |
| Capital Lease Obligations | $5,628,419 | $7,798,532 | $4,230,820 | $1,034,690 |
| Total Capitalization | $1,952,941,272 | $1,634,056,686 | $886,704,460 | $761,675,775 |
| Treasury Stock | $53,400,933 | $53,400,933 | $40,597,731 | $40,597,731 |
| Additional Paid In Capital | $9,064,043 | $9,064,043 | $6,850,567 | $6,789,860 |
| Capital Stock | $652,315,536 | $652,315,536 | $495,855,898 | $495,806,532 |
| Common Stock | $652,315,536 | $652,315,536 | $495,855,898 | $495,806,532 |
| Employee Benefits | $18,340,227 | $17,440,960 | $10,708,472 | $8,418,279 |
| Non Current Pension And Other Postretirement Benefit Plans | $11,322,215 | $11,977,318 | $7,150,767 | $8,418,279 |
| Non Current Deferred Revenue | $92,912,607 | $94,892,594 | $19,574,383 | $16,635,090 |
| Long Term Capital Lease Obligation | $2,855,904 | $4,396,264 | $1,091,394 | $82,055 |
| Long Term Provisions | $16,014,676 | $18,869,913 | $14,325,550 | $25,122,081 |
| Current Deferred Revenue | $3,947,298 | $2,901,935 | $1,924,616 | $198,799 |
| Current Capital Lease Obligation | $2,772,515 | $3,402,268 | $3,139,426 | $952,635 |
| Line Of Credit | $44,069,379 | $48,679,119 | $412,275 | - |
| Pensionand Other Post Retirement Benefit Plans Current | $1,340,894 | $1,264,843 | $839,226 | $1,058,706 |
| Current Provisions | $142,226,149 | $123,723,814 | $67,707,137 | $6,789,860 |
| Dueto Related Parties Current | $155,437 | $180,787 | $1,793,195 | $552,368 |
| Duefrom Related Parties Non Current | $350,901 | $108,072 | $4,003 | $6,004 |
| Investments And Advances | $35,949,299 | $106,738 | $82,722 | $96,064 |
| Investmentsin Joint Venturesat Cost | $134,757 | $106,738 | $82,722 | $96,064 |
| Net PPE | $2,764,869,215 | $2,644,195,433 | $1,854,448,945 | $1,794,414,256 |
| Accumulated Depreciation | $-1,684,232,136 | $-1,548,626,400 | $-1,074,117,399 | $-438,862,570 |
| Gross PPE | $4,449,101,350 | $4,192,821,833 | $2,928,566,344 | $1,794,414,256 |
| Construction In Progress | $800,174,774 | $791,214,134 | $472,682,450 | $186,609,738 |
| Other Properties | $376,553,698 | $371,888,588 | $237,326,882 | $1,794,414,256 |
| Other Short Term Investments | $393,061,370 | $327,819,209 | $120,035,356 | $129,843,227 |
| Current Accrued Expenses | - | - | - | $42,250,833 |
| Duefrom Related Parties Current | - | - | - | $0 |
| Held To Maturity Securities | - | - | - | - |
Fetched: 2026-08-21
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-117,699,131 | $-100,084,722 | $-92,318,211 | $16,742,495 |
| Operating Activities | ||||
| Operating Cash Flow | $128,109,405 | $215,810,538 | $136,587,056 | $160,267,510 |
| Cash Flow From Continuing Operating Activities | $128,109,405 | $215,810,538 | $136,587,056 | $160,267,510 |
| Operating Gains Losses | $52,042,695 | $27,939,960 | $98,692,461 | $2,379,586 |
| Investing Activities | ||||
| Capital Expenditure | $-245,808,536 | $-315,895,260 | $-228,905,268 | $-143,525,015 |
| Investing Cash Flow | $-307,904,600 | $-497,801,195 | $-151,089,391 | $-169,016,009 |
| Cash Flow From Continuing Investing Activities | $-307,904,600 | $-497,801,195 | $-151,089,391 | $-169,016,009 |
| Net Other Investing Changes | - | - | - | - |
| Financing Activities | ||||
| Financing Cash Flow | $290,246,161 | $232,713,139 | $14,022,682 | $-21,543,696 |
| Cash Flow From Continuing Financing Activities | $290,246,161 | $232,713,139 | $14,022,682 | $-19,408,272 |
| Net Other Financing Charges | $-9,763,842 | $-16,531,020 | $-1,406,938 | $-4,690,460 |
| Cash Dividends Paid | $0 | $0 | $0 | $0 |
| Repurchase Of Capital Stock | - | - | - | - |
| Net Common Stock Issuance | - | - | - | - |
| Other | ||||
| Repayment Of Debt | $-101,759,172 | $-30,360,240 | $-14,319,546 | $-32,795,196 |
| Issuance Of Debt | $463,204,798 | $306,548,362 | $33,298,198 | $19,995,330 |
| End Cash Position | $94,142,761 | $-27,688,459 | $17,443,629 | $7,374,249 |
| Other Cash Adjustment Outside Changein Cash | $-569,713 | $-373,582 | $-395,597 | $-117,412 |
| Beginning Cash Position | $-27,688,459 | $17,443,629 | $9,700,467 | $27,953,302 |
| Effect Of Exchange Rate Changes | $11,949,967 | $4,519,013 | $8,618,412 | $9,830,554 |
| Changes In Cash | $110,450,966 | $-49,277,518 | $-479,653 | $-30,292,194 |
| Interest Paid Cff | $-61,435,623 | $-26,943,962 | $-3,549,033 | $-4,053,369 |
| Net Issuance Payments Of Debt | $361,445,626 | $276,188,122 | $18,978,652 | $-12,799,866 |
| Net Long Term Debt Issuance | $361,445,626 | $276,188,122 | $18,978,652 | $-12,799,866 |
| Long Term Debt Payments | $-101,759,172 | $-30,360,240 | $-14,319,546 | $-32,795,196 |
| Long Term Debt Issuance | $463,204,798 | $306,548,362 | $33,298,198 | $19,995,330 |
| Net Investment Purchase And Sale | $-39,984,656 | $-181,803,200 | $77,815,876 | $-25,490,994 |
| Net Business Purchase And Sale | $-22,111,407 | $-102,735 | $0 | $0 |
| Purchase Of Business | $-22,111,407 | $-102,735 | $0 | $0 |
| Net PPE Purchase And Sale | $-245,808,536 | $-315,895,260 | $-228,905,268 | $-143,525,015 |
| Purchase Of PPE | $-245,808,536 | $-315,895,260 | $-228,905,268 | $-143,525,015 |
| Change In Working Capital | $-109,301,533 | $35,973,315 | $192,421,612 | $204,812,539 |
| Change In Other Working Capital | $34,536,357 | $97,851,900 | $35,503,669 | $29,157,438 |
| Change In Payables And Accrued Expense | $-77,383,588 | $240,808,536 | $242,282,852 | $271,641,091 |
| Change In Payable | $-77,383,588 | $240,808,536 | $242,282,852 | $271,641,091 |
| Change In Account Payable | $-367,592,391 | $276,408,269 | $210,927,282 | $279,774,513 |
| Change In Tax Payable | $31,559,039 | $22,523,015 | $6,273,516 | $-2,112,075 |
| Change In Income Tax Payable | $31,559,039 | $22,523,015 | $6,273,516 | $-2,112,075 |
| Change In Inventory | $-21,055,370 | $-40,731,821 | $-21,084,723 | $-10,491,661 |
| Change In Receivables | $-45,398,932 | $-261,955,301 | $-64,280,186 | $-85,494,329 |
| Changes In Account Receivables | $-82,259,505 | $-247,668,443 | $-56,945,296 | $-31,346,898 |
| Other Non Cash Items | $-128,470,979 | $-239,827,883 | $-632,983,982 | $-126,647,764 |
| Unrealized Gain Loss On Investment Securities | $-54,378,252 | $48,001,334 | $-64,551,700 | $-12,781,854 |
| Provisionand Write Offof Assets | $17,817,211 | $20,833,889 | $18,573,048 | $17,888,592 |
| Asset Impairment Charge | $15,474,316 | $8,313,542 | $12,729,820 | $-1,767,845 |
| Deferred Tax | $34,753,835 | $-69,195,463 | $180,195,462 | $17,434,956 |
| Deferred Income Tax | $34,753,835 | $-69,195,463 | $180,195,462 | $17,434,956 |
| Depreciation Amortization Depletion | $140,575,048 | $144,958,637 | $163,553,033 | $86,977,984 |
| Depreciation And Amortization | $140,575,048 | $144,958,637 | $163,553,033 | $86,977,984 |
| Depreciation | $140,575,048 | $144,958,637 | $163,553,033 | $86,977,984 |
| Pension And Employee Benefit Expense | $4,471,648 | $11,978,652 | $4,638,426 | $5,437,625 |
| Net Foreign Currency Exchange Gain Loss | $42,507,004 | $12,319,546 | $92,354,235 | $-6,688,459 |
| Gain Loss On Sale Of PPE | $5,064,043 | $3,641,761 | $1,699,800 | $1,575,050 |
| Net Income From Continuing Operations | $159,597,063 | $238,813,206 | $167,957,303 | $-29,362,241 |
| Purchase Of Investment | - | $-138,200,132 | $0 | $-25,490,994 |
| Taxes Refund Paid | - | $0 | $0 | $-434,290 |
| Earnings Losses From Equity Investments | - | $8,672 | $6,671 | $24,683 |
| Sale Of Investment | - | - | $27,164,776 | - |
| Change In Accrued Expense | - | - | $12,658,439 | $3,466,978 |
| Sale Of Business | - | - | - | $0 |
| Change In Other Current Assets | - | - | - | $0 |
| Common Stock Payments | - | - | - | - |
Fetched: 2026-08-21