MEXICAN ECONOMIC DEVELOPMENT INCFMX

Market cap

P/E ratio

	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	4,936	3,160	3,476	5,410	4,748	4,280	9,770	6,705
Investments	-	1,575	656	-	-	-	-	2,072
Trade receivables, net	-	-	-	1,420	1,653	2,335	2,300	2,071
Inventories	1,774	1,817	2,175	2,214	2,481	3,192	3,445	3,235
Recoverable taxes	575	840	995	860	882	993	1,227	1,256
Other current financial assets	38	45	61	34	121	583	998	85
Other current assets	147	174	217	147	172	230	226	299
Current assets held for sale	-	-	-	-	-	-	1,528	690
Total current assets	9,226	9,045	9,151	10,118	11,247	11,616	21,076	16,413
Equity method accounted investees	-	4,803	5,168	4,940	5,231	5,317	1,553	1,376
Property, plant and equipment	5,943	5,531	6,072	5,686	5,613	6,873	8,375	8,511
Right-of-use assets	-	-	2,793	2,752	2,778	4,307	5,204	4,697
Intangible assets, net	7,846	7,416	7,771	7,817	7,709	9,785	8,475	7,017
Deferred tax assets	807	843	1,088	1,108	1,011	1,379	1,633	1,290
Other non-current financial assets	615	1,191	1,203	1,628	2,002	1,221	868	1,116
Other non-current assets, net	637	526	558	379	360	475	503	409
Total non-current assets	-	20,310	24,653	24,310	24,704	29,357	26,611	24,416
TOTAL ASSETS	29,967	29,355	33,804	34,428	35,951	40,973	47,687	40,829
Current borrowings	-	-	-	225	98	96	145	181
Current portion of non-current debt	548	572	651	218	129	845	355	141
Lease liabilities	-	-	392	340	356	620	724	661
Interest payable	50	49	47	104	96	106	99	86
Trade payable	-	2,653	3,032	2,665	3,227	4,021	4,824	4,647
Accounts payable	893	691	1,034	1,114	1,323	1,633	1,584	1,552
Income tax payable	571	625	621	632	793	856	572	346
Other current financial liabilities	666	453	1,254	655	643	896	1,804	1,782
Current liabilities held for sale	-	-	-	-	-	-	685	333
Total current liabilities	5,348	5,167	7,240	5,953	6,665	9,073	10,792	9,729
Bank loans and notes payable	-	-	-	9,042	9,064	8,894	7,596	6,784
Non-current lease liabilities	-	-	2,508	2,591	2,683	4,166	4,961	4,521
Employee benefits	274	239	337	365	370	362	409	430
Deferred tax liabilities	312	300	368	303	295	350	436	417
Other non-current financial liabilities	142	114	132	252	115	339	572	324
Provisions	-	-	-	-	-	-	256	186
Other non-current liabilities	-	-	-	-	-	-	273	163
Total non-current liabilities	7,464	7,099	9,292	13,033	12,950	14,572	14,503	12,825
TOTAL LIABILITIES	12,812	12,266	16,532	18,986	19,615	23,645	25,295	22,554
Capital stock	170	171	178	168	163	172	198	156
Additional paid-in capital	1,365	1,367	963	895	871	909	1,041	-124
Retained earnings	10,279	11,093	12,184	10,931	11,617	12,884	18,027	14,691
Other comprehensive income (loss)	930	461	36	-43	150	-494	-1,283	-459
Equity attributable to equity holders of the parent	12,744	13,092	13,361	11,951	12,801	13,471	17,983	14,265
Non-controlling interest	4,411	3,997	3,911	3,491	3,535	3,857	4,409	4,010
TOTAL EQUITY	17,155	17,089	17,272	15,442	16,336	17,328	22,392	18,275
TOTAL LIABILITIES AND EQUITY	29,967	29,355	33,804	34,428	35,951	40,973	47,687	40,829