Estados financieros detallados de AIFU Inc. (AIFU): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
AIFU Inc. registró ingresos de $556.6M en el último ejercicio fiscal, con un CAGR de 5 años del -29.8%.
Márgenes de los últimos 12 meses: margen bruto 49.3%, margen operativo -287.3%, margen neto -408.8%.
Al precio actual de $10.75, AIFU presenta beneficios negativos (P/E no significativo) y un ROE del -150.44%. La capitalización bursátil es de $64M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $4.08B | $4.09B | $3.47B | $3.71B | $3.27B | $3.27B | $2.78B | $3.20B | $1.81B | $556.6M |
| Coste de Ventas | $3.11B | $3.06B | $2.35B | $2.48B | $2.21B | $2.12B | $1.80B | $2.15B | $1.11B | $282.3M |
| Beneficio Bruto | $976.3M | $1.03B | $1.13B | $1.22B | $1.05B | $1.16B | $986.0M | $1.05B | $696.0M | $274.3M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $984.7M | $755.9M | $699.5M | $753.2M | $752.1M | $854.0M | $817.3M | $857.1M | $727.7M | $313.3M |
| Gastos Operativos | $984.7M | $755.9M | $699.5M | $753.2M | $752.1M | $854.0M | $817.3M | $857.1M | $1.13B | $1.87B |
| Beneficio Operativo | -$8.5M | $273.1M | $425.7M | $469.4M | $302.2M | $301.9M | $168.7M | $195.8M | -$435.8M | -$1.60B |
| EBITDA | $25.3M | $320.4M | $452.5M | $486.6M | $320.1M | $320.3M | $188.1M | $229.9M | -$2.4M | -$2.26B |
| Gastos por Intereses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $3.7M |
| Beneficio Antes de Impuestos | $172.3M | $614.0M | $841.7M | $336.4M | $359.6M | $350.5M | $126.7M | $348.5M | $408.2M | -$2.27B |
| Impuestos | $27.2M | $167.8M | $224.6M | $143.8M | $83.4M | $90.6M | $41.0M | $59.4M | $98.7M | $4.0M |
| Beneficio Neto | $157.0M | $449.2M | $609.9M | $188.9M | $268.3M | $251.0M | $100.3M | $280.5M | $455.0M | -$2.28B |
| BPA | $28.00 | $72.00 | $98.00 | $34.00 | $50.00 | $0.12 | $18.00 | $52.00 | $85.31 | $-224.53 |
| BPA Diluido | $26.00 | $72.00 | $98.00 | $34.00 | $50.00 | $0.12 | $18.00 | $52.00 | $85.00 | $-224.53 |
| Acciones en Circulación (Diluidas) | $6.0M | $6.3M | $6.2M | $5.5M | $5.4M | $5.4M | $5.4M | $5.4M | $5.4M | $10.1M |
Cuenta de Resultados (Trimestral)
| Año | 2023-Q1 | 2023-Q2 | 2023-Q3 | 2023-Q4 |
|---|
| Ingresos | $827.7M | $1.13B | $634.6M | $603.4M |
| Beneficio Bruto | $274.6M | $323.1M | $235.3M | $220.0M |
| Beneficio Operativo | $60.4M | $86.0M | $33.2M | $16.2M |
| EBITDA | $60.4M | $106.1M | $179.8M | -$170.9M |
| Beneficio Neto | $60.5M | $76.5M | $170.7M | -$27.2M |
| BPA | $12.00 | $14.00 | $32.00 | $-6.00 |
| BPA Diluido | $12.00 | $14.00 | $32.00 | $-6.00 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $237.0M | $363.7M | $772.8M | $169.7M | $245.4M | $564.6M | $567.5M | $521.5M | $192.1M | $31.1M |
| Inversiones a Corto | $2.80B | $2.50B | $1.55B | $1.61B | $1.31B | $870.7M | $347.8M | $1.02B | $629.2M | $5.2M |
| Cuentas por Cobrar | $565.1M | $215.1M | $567.5M | $707.8M | $588.8M | $657.4M | $898.6M | $699.2M | $1.14B | $549.6M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $3.69B | $4.13B | $3.06B | $2.68B | $2.31B | $2.27B | $2.29B | $2.38B | $2.04B | $603.8M |
| Inmovilizado Material | $31.3M | $26.1M | $37.9M | $231.2M | $237.2M | $272.5M | $243.5M | $227.7M | $153.2M | $96.5M |
| Fondo de Comercio | $122.1M | $109.9M | $109.9M | $109.9M | $109.9M | $109.9M | $110.0M | $374.1M | 0 | 0 |
| Activos Intangibles | $59.5M | $17.2M | $1.3M | $322000 | $44000 | 0 | 0 | $58.3M | 0 | 0 |
| Activos Totales | $4.24B | $4.74B | $3.87B | $3.44B | $3.08B | $3.24B | $3.09B | $4.05B | $4.15B | $1.53B |
| Cuentas por Pagar | $241.0M | $203.0M | $332.7M | $382.9M | $377.4M | $335.7M | $362.4M | $251.2M | $113.3M | $81.1M |
| Deuda a Corto | 0 | 0 | 0 | $11.5M | $13.2M | $13.7M | $35.7M | $164.3M | $135.0M | $56.0M |
| Pasivos Corrientes | $747.1M | $661.9M | $905.6M | $948.0M | $929.2M | $908.7M | $952.0M | $1.02B | $816.9M | $512.2M |
| Deuda a Largo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $834.5M | $749.3M | $162.9M | $1.40B | $1.13B | $1.28B | $1.36B | $1.71B | $1.52B | $1.06B |
| Reservas | $1.02B | $1.47B | $1.80B | $1.48B | $1.31B | $1.31B | $1.09B | $1.32B | $1.79B | -$235.5M |
| Patrimonio Neto | $3.29B | $3.88B | $2.63B | $1.93B | $1.83B | $1.84B | $1.62B | $2.07B | $2.55B | $478.5M |
| Deuda Total | 0 | 0 | 0 | $194.7M | $203.0M | $228.9M | $172.2M | $292.8M | $206.5M | $86.8M |
| Deuda Neta | -$3.03B | -$2.86B | -$2.33B | -$1.59B | -$1.35B | -$1.21B | -$743.1M | -$1.25B | -$614.8M | $50.5M |
| Capital Circulante | $2.95B | $3.47B | $2.16B | $1.73B | $1.38B | $1.36B | $1.34B | $1.35B | $1.22B | $91.6M |
Balance (Trimestral)
| Año | 2024-Q2 | 2024-Q4 | 2025-Q2 | 2025-Q4 |
|---|
| Caja y Equivalentes | $189.5M | $192.1M | $77.3M | $31.1M |
| Activos Totales | $3.82B | $4.15B | $3.25B | $1.53B |
| Pasivos Totales | $1.51B | $1.52B | $1.16B | $1.06B |
| Patrimonio Neto | $2.09B | $2.55B | $2.10B | $478.5M |
| Deuda Total | $205.6M | $206.5M | $137.3M | $86.8M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $167.6M | $68.2M | $617.1M | $192.6M | $276.2M | $259.9M | $85.7M | $289.1M | $309.5M | -$2.27B |
| Amortizaciones | $33.7M | $47.3M | $26.8M | $17.2M | $17.9M | $18.4M | $19.5M | $34.0M | $29.3M | $5.3M |
| Compensación en Acciones | $4.9M | 0 | 0 | $393000 | -$393000 | 0 | $461000 | $17.1M | $38.6M | $17.0M |
| Cambio en Capital Circulante | $25.8M | -$12.1M | $222.6M | -$275.6M | -$11.2M | -$294.0M | -$175.0M | -$229.4M | -$32.6M | -$48.4M |
| Flujo de Caja Operativo | $87.8M | $152.1M | $76.2M | $178.3M | $402.3M | $126.2M | $137.8M | $101.8M | $142.9M | -$16.3M |
| Inversiones (CapEx) | -$71.9M | -$20.9M | -$3.3M | -$19.7M | -$15.2M | -$30.8M | -$77.7M | -$13.0M | -$8.4M | -$3.3M |
| Adquisiciones | $4.2M | -$3.1M | $29999 | $7.0M | $50000 | $312000 | -$21.6M | $18.5M | -$50.4M | -$143.1M |
| Recompra de Acciones | 0 | 0 | -$1.57B | -$484.0M | 0 | 0 | -$4.0M | -$40.6M | -$5.7M | 0 |
| Dividendos Pagados | 0 | -$137.2M | -$47.5M | -$435.1M | -$388.5M | -$242.5M | -$52.1M | 0 | 0 | 0 |
| Flujo de Caja Libre | $16.0M | $131.2M | $501.1M | $158.6M | $387.1M | $95.4M | $60.0M | $88.8M | $134.4M | -$19.6M |
Flujo de Caja (Trimestral)
| Año | 2023-Q1 | 2023-Q2 | 2023-Q3 | 2023-Q4 |
|---|
| Flujo de Caja Operativo | -$18.7M | $52.4M | $12.8M | $55.3M |
| Inversiones (CapEx) | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$18.7M | $52.4M | $12.8M | $42.3M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | 0 | 0 | 0 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +0.1% | -15.1% | +6.8% | -11.8% | +0.1% | -15.0% | +15.0% | -43.4% | -69.2% |
| Crecimiento Beneficio Neto (anual) | | +186.0% | +35.8% | -69.0% | +42.0% | -6.4% | -60.0% | +179.7% | +62.2% | -600.1% |
| Crecimiento BPA (anual) | | +157.1% | +36.1% | -65.3% | +47.1% | -99.8% | +14900.0% | +188.9% | +64.1% | -363.2% |
| Cambio en Acciones (anual) | | +4.3% | -1.6% | -11.9% | -1.7% | -0.0% | +0.0% | +0.2% | -0.6% | +89.3% |
| Crecimiento FCF (anual) | | +722.2% | +281.8% | -68.3% | +144.0% | -75.3% | -37.1% | +48.0% | +51.4% | -114.6% |
| Margen Bruto | 23.9% | 25.2% | 32.4% | 33.0% | 32.3% | 35.3% | 35.4% | 32.9% | 38.5% | 49.3% |
| Margen Operativo | -0.2% | 6.7% | 12.3% | 12.7% | 9.2% | 9.2% | 6.1% | 6.1% | -24.1% | -287.3% |
| Margen EBITDA | 0.6% | 7.8% | 13.0% | 13.1% | 9.8% | 9.8% | 6.8% | 7.2% | -0.1% | -406.8% |
| Margen Neto | 3.8% | 11.0% | 17.6% | 5.1% | 8.2% | 7.7% | 3.6% | 8.8% | 25.2% | -408.8% |
| Margen FCF | 0.4% | 3.2% | 14.4% | 4.3% | 11.8% | 2.9% | 2.2% | 2.8% | 7.4% | -3.5% |
| Tasa Impositiva Efectiva | 15.8% | 27.3% | 26.7% | 42.8% | 23.2% | 25.8% | 32.4% | 17.0% | 24.2% | -0.2% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $2.64 | $20.81 | $80.76 | $29.02 | $72.06 | $17.76 | $11.17 | $16.49 | $25.11 | $-1.94 |
| Dividendo por Acción | $0.00 | $21.76 | $7.66 | $79.59 | $72.33 | $45.15 | $9.69 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $5.8M | $6.2M | $6.2M | $5.5M | $5.4M | $5.4M | $5.4M | $5.4M | $5.3M | $10.1M |
Qué mirar en Seguros
Las aseguradoras ganan de 2 formas: suscribiendo bien (combined ratio) e invirtiendo el float. Buffett construyó Berkshire así.
- Op Margin 5y (proxy Combined Ratio) — Proxy del combined ratio cuando FMP no lo expone. ≥10% medio 5y = disciplina de suscripción (CR <100%)
- Crecimiento Book Value / Acción — Cómo Buffett mide Berkshire. El valor real que acumulan los accionistas
- Debt / Equity — Aseguradoras apalancadas quiebran rápido en catástrofes
- P/B (Price / Book) — Aseguradoras se valoran por múltiplo de libros. Aquí se cruza con el ROE (calidad × valoración)
- Dividend growth streak — Años consecutivos subiendo dividendo por acción — aseguradoras sólidas acumulan décadas
Rentabilidad
| Rentabilidad sobre capital | -150.44% |
| Rentabilidad sobre capital invertido | -147.09% |
| Rentabilidad sobre activos | -148.90% |
| Margen bruto | 49.28% |
| Margen operativo | -287.33% |
| Margen neto | -408.83% |
Salud financiera
| Deuda / Patrimonio | 0.18 |
| Ratio corriente | 1.18 |
| Piotroski F-Score | 2 |
| Altman Z-Score | -1.08 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 110.09 | 40.12 | 31.15 | 90.91 | 57.94 | 24524.63 | 170.13 | 60.60 | 37.65 | -1.67 |
| P/VC | 5.44 | 4.59 | 7.18 | 8.74 | 8.48 | 8.24 | 10.13 | 8.19 | 6.73 | 7.94 |
| P/V | 4.38 | 4.35 | 5.45 | 4.56 | 4.76 | 4.63 | 5.91 | 5.30 | 9.47 | 6.82 |
| Margen Bruto | 23.9% | 25.2% | 32.4% | 33.0% | 32.3% | 35.3% | 35.4% | 32.9% | 38.5% | 49.3% |
| Margen Operativo | -0.2% | 6.7% | 12.3% | 12.7% | 9.2% | 9.2% | 6.1% | 6.1% | -24.1% | -287.3% |
| Margen Neto | 3.8% | 11.0% | 17.6% | 5.1% | 8.2% | 7.7% | 3.6% | 8.8% | 25.2% | -408.8% |