SCCO - Southern Copper Corporation
NYSE
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Basic Materials
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Copper
Phoenix,
United States
Type: Equity
SCCO price evolution
SCCO
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1875.3 | $1252.2 | $1151.5 | $1967.1 |
| Short term investments | $329.1 | $329.3 | $599.3 | $247.1 |
| Net receivables | $1704 | $1395 | $1228.3 | $1211.1 |
| Inventory | $2163.6 | $2146.9 | $2138.6 | $2065.1 |
| Total current assets | $5333.7 | $4440.8 | $4429.5 | $4748 |
| Long term investments | $114.5 | $113.9 | $108.2 | $100.1 |
| Property, plant & equipment | $10616.9 | $10540.3 | $10558.3 | $10517.7 |
| Goodwill & intangible assets | $127.3 | $128.8 | $130.2 | $130.5 |
| Total noncurrent assets | $12444 | $12348.5 | $12295.8 | $12217 |
| Total investments | $443.6 | $443.2 | $707.5 | $347.2 |
| Total assets | $17777.7 | $16789.3 | $16725.3 | $16965 |
| Current liabilities | ||||
| Accounts payable | $647.2 | $748.5 | $652.6 | $618.5 |
| Deferred revenue | ||||
| Short long term debt | $576.4 | $77 | $78 | $71.8 |
| Total current liabilities | $1898.2 | $1340 | $1388.5 | $1284.1 |
| Long term debt | $6425.5 | $6935.6 | $6952 | $6968.9 |
| Total noncurrent liabilities | $7319.3 | $7843.4 | $7855.6 | $7872.7 |
| Total debt | $7001.9 | $7012.6 | $7030 | $7040.7 |
| Total liabilities | $9217.5 | $9183.4 | $9244.1 | $9156.8 |
| Shareholders' equity | ||||
| Retained earnings | $7180.9 | $7156.7 | $7033.5 | $7361.5 |
| Other shareholder equity | -$8 | -$8 | -$8 | -$9 |
| Total shareholder equity | $8492.5 | $7541.7 | $7418.1 | $7744.8 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1151.5 | $2069.7 | $3002 | $2183.6 |
| Short term investments | $599.3 | $208.3 | $486.9 | $410.8 |
| Net receivables | $1228.3 | $1473.8 | $1446.6 | $1136.6 |
| Inventory | $2138.6 | $1013.9 | $2070.5 | $2075.2 |
| Total current assets | $4429.5 | $5187.7 | $6139.6 | $4815.2 |
| Long term investments | $108.2 | $110.8 | $115.4 | $114.3 |
| Property, plant & equipment | $10558.3 | $10448 | $10380.7 | $10437.7 |
| Goodwill & intangible assets | $130.2 | $134.7 | $138.1 | $143 |
| Total noncurrent assets | $12295.8 | $12089.7 | $12158 | $12131.3 |
| Total investments | $707.5 | $319.1 | $602.3 | $525.1 |
| Total assets | $16725.3 | $17277.4 | $18297.6 | $16946.5 |
| Current liabilities | ||||
| Accounts payable | $652.6 | $657.6 | $591.9 | $594.6 |
| Deferred revenue | ||||
| Short long term debt | $78 | $77.3 | $373.6 | $70.6 |
| Total current liabilities | $1388.5 | $1235.7 | $2250 | $1384.8 |
| Long term debt | $6952 | $6251.2 | $7090.3 | $7452.6 |
| Total noncurrent liabilities | $7855.6 | $7894.8 | $7839.8 | $8285.7 |
| Total debt | $7030 | $7102.6 | $7463.9 | $7523.2 |
| Total liabilities | $9244.1 | $9193.2 | $10089.8 | $9670.5 |
| Shareholders' equity | ||||
| Retained earnings | $7033.5 | $7702.3 | $7769.7 | $6846.4 |
| Other shareholder equity | -$8 | $7693.3 | -$9.4 | -$8.4 |
| Total shareholder equity | $7418.1 | $8084.2 | $8149.2 | $7224.8 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3118.3 | $2599.8 | $2295.6 | $2505.6 |
| Cost of revenue | $1248.9 | $1157.6 | $1170.1 | $1175.7 |
| Gross Profit | $1869.4 | $1442.2 | $1125.5 | $1329.9 |
| Operating activities | ||||
| Research & development | $18.6 | $12.7 | $15.5 | $15.5 |
| Selling, general & administrative | $33.9 | $30.8 | $33.1 | $32.7 |
| Total operating expenses | $262.1 | $252.5 | $256.8 | $260.7 |
| Operating income | $1607.3 | $1189.7 | $868.7 | $1069.2 |
| Income from continuing operations | ||||
| EBIT | $1623.1 | $1253.6 | $887.7 | $1109 |
| Income tax expense | $578.8 | $423.4 | $348.7 | $395.3 |
| Interest expense | $94.1 | $94.2 | $94 | $94.2 |
| Net income | ||||
| Net income | $950.2 | $736 | $445 | $619.5 |
| Income (for common shares) | $950.2 | $736 | $445 | $619.5 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $9895.8 | $10047.9 | $10934.1 | $7984.9 |
| Cost of revenue | $4687.7 | $4649.1 | $3894.4 | $3929.8 |
| Gross Profit | $5208.1 | $5398.8 | $7039.7 | $4055.1 |
| Operating activities | ||||
| Research & development | $55 | $41.7 | $43.4 | $32.6 |
| Selling, general & administrative | $127.2 | $125 | $125.2 | $126.2 |
| Total operating expenses | $1015.8 | $963 | $974.6 | $934.4 |
| Operating income | $4192.3 | $4435.8 | $6065.1 | $3120.7 |
| Income from continuing operations | ||||
| EBIT | $4320.4 | $4621.7 | $6084.2 | $3138.2 |
| Income tax expense | $1518.9 | $1596.1 | $2299.2 | $1174.4 |
| Interest expense | $376.3 | $387.1 | $387.9 | $393.4 |
| Net income | ||||
| Net income | $2425.2 | $2638.5 | $3397.1 | $1570.4 |
| Income (for common shares) | $2425.2 | $2638.5 | $3397.1 | $1570.4 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Net income | $950.2 | $736 | $445 | $619.5 |
| Operating activities | ||||
| Depreciation | $209.6 | $209 | $208.2 | $212.5 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $962.1 | $659.7 | $541 | $1049.8 |
| Investing activities | ||||
| Capital expenditures | -$331.8 | -$213.8 | -$255.4 | -$262.7 |
| Investments | $0.1 | $270 | -$352.2 | -$246.8 |
| Total cash flows from investing | -$331.7 | $56.2 | -$607 | -$509 |
| Financing activities | ||||
| Dividends paid | -$618.5 | -$773.1 | -$773.1 | |
| Sale and purchase of stock | ||||
| Net borrowings | ||||
| Total cash flows from financing | -$620.1 | -$775.5 | -$775.1 | |
| Effect of exchange rate | -$7.3 | $4.9 | $25.9 | $2.4 |
| Change in cash and equivalents | $623.1 | $100.7 | -$815.6 | -$231.9 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $2425.2 | $2638.5 | $3397.1 | $1570.4 |
| Operating activities | ||||
| Depreciation | $833.6 | $796.3 | $806 | $775.6 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $3573.1 | $2802.5 | $4292.4 | $2783.6 |
| Investing activities | ||||
| Capital expenditures | -$1008.6 | -$948.5 | -$892.3 | -$592.2 |
| Investments | -$391 | $278.5 | -$76.1 | -$330.1 |
| Total cash flows from investing | -$1398.4 | -$666.8 | -$972.9 | -$915.8 |
| Financing activities | ||||
| Dividends paid | -$3092.4 | -$2705.8 | -$2473.8 | -$1159.6 |
| Sale and purchase of stock | ||||
| Net borrowings | -$300 | -$400 | ||
| Total cash flows from financing | -$3101.2 | -$3011 | -$2480.2 | -$1563.3 |
| Effect of exchange rate | $8.3 | -$57 | -$20.9 | -$46 |
| Change in cash and equivalents | -$918.2 | -$932.3 | $818.4 | $258.5 |
News
Fundamentals
| Market cap | $87.07B |
|---|---|
| Enterprise value | $92.19B |
| Shares outstanding | 777.44M |
| Revenue | $10.52B |
|---|---|
| EBITDA | $5.71B |
| EBIT | $4.87B |
| Net Income | $2.75B |
| Revenue Q/Q | 35.54% |
| Revenue Y/Y | 4.44% |
| P/E ratio | 31.65 |
|---|---|
| EV/Sales | 8.76 |
| EV/EBITDA | 16.14 |
| EV/EBIT | 18.92 |
| P/S ratio | 8.28 |
| P/B ratio | 10.24 |
| Book/Share | 10.93 |
| Cash/Share | 2.41 |
| EPS | $3.54 |
|---|---|
| ROA | 16.12% |
| ROE | 35.27% |
| Debt/Equity | 1.25 |
|---|---|
| Net debt/EBITDA | 1.29 |
| Current ratio | 2.81 |
| Quick ratio | 1.67 |