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CTC Centro de Tecnologia Canavieira SA
Market news
Financials
Income Statement
Revenue
Net income
| (BRL) | Jun 2024info | Y/Y change |
|---|---|---|
Revenue | 95.07M | 8.95% |
Operating expense | 29.54M | 24.00% |
Net income | 35.78M | 8.25% |
Net profit margin | 37.63 | -0.63% |
Earnings per share | — | — |
EBITDA | 45.54M | 3.39% |
Effective tax rate | 28.00% | — |
Balance Sheet
Total assets
Total liabilities
| (BRL) | Jun 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 454.02M | 45.39% |
Total assets | 1.25B | 22.77% |
Total liabilities | 235.31M | 90.97% |
Total equity | 1.02B | — |
Shares outstanding | 320.75M | — |
Price to book | — | — |
Return on assets | 7.83% | — |
Return on capital | 8.63% | — |
Cash Flow
Net change in cash
| (BRL) | Jun 2024info | Y/Y change |
|---|---|---|
Net income | 35.78M | 8.25% |
Cash from operations | -39.01M | 7.82% |
Cash from investing | -23.10M | -134.66% |
Cash from financing | -3.47M | -17.82% |
Net change in cash | -65.82M | -411.11% |
Free cash flow | -81.32M | -16.27% |
About
Centro de Tecnologia Canavieira or CTC is the largest sugarcane technology center in the world. Its headquarters is located in Piracicaba, São Paulo in one of the most prosperous agribusiness regions in Brazil. CTC was founded in 1969, to attend the technological needs of Copersucar sugarcane producers. In 2004, the Sugarcane Research Center started offering innovation and technology also to sugarcane producers and processors associates all over Brazil. CTC became a S.A. company in 2011, and since then, Copersucar and Raízen are the company majority owners.
CTC has more than 130 associated members, among mills and associations of sugarcane suppliers, representing thousands of farmers and approximately 60% of the sugarcane produced in Brazil.
The Sugarcane Breeding Program is one of the most important of the CTC projects because of its global effects on competitiveness of Brazilian sugarcane producers. But there are also other important CTC research projects in areas such as agricultural and industrial production processes.
In June 2017, it was granted the commercial use of genetically modified sugarcane. Wikipedia
Founded
1969
Website
Employees
420
