Financial Performance Overview
- Revenue: $2.27 billion, an increase of 138.17% YoY and 101.28% QoQ
- Gross Profit: $1.95 billion, up 144.71% YoY, with a gross margin of 86.03%
- Operating Income: $1.03 billion, representing an increase of approximately 888.59% YoY
- Net Income: $1.29 billion, a substantial improvement from the previous year, improving 372.20% YoY
- Earnings per Share: EPS of $5.13, reflecting robust profitability
Balance Sheet Highlights
- Total Assets: $22.54 billion
- Total Liabilities: $12.26 billion, yielding a debt-to-equity ratio of 0.296
- Cash and Cash Equivalents: $8.54 billion
- Current Ratio: 2.28, indicating solid liquidity position and ability to cover short-term obligations
Cash Flow Analysis
- Net Cash from Operating Activities: $964.6 million
- Net Change in Cash: An increase of $2.99 billion, demonstrating strong cash generation and healthy operational cash flow.