Refinaria de Petroleos Manguinhos S.A.

Refinaria de Petroleos Manguinhos S.A.

0.85
BRL
-0.06
(-6.59%)
-24.51EPS
201.70MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
47.71
2.97
3.52
10.49
10.51
0.5
14.95
17.51
22.09
32.66
73.59
74.47
103.17
127.68
Basic EPS, GAAP
-9.4
-11.85
-2.74
-7.13
-8.35
-0.17
-2.62
-3.37
-6.1
-5.35
-13.83
-14.46
-15.38
-24.5
Free Cash Flow per Basic Share
-1.53
- -
0.02
-0.01
- -
- -
0.71
0.17
- -
- -
0.01
-0.02
1.37
0.71
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-13.37
-23.59
-16.35
-23.24
-31.58
-35.08
-37.69
-41.07
-47.17
-52.51
-66.34
-80.8
-96.18
-109.82
Tangible Book Value per Share
-13.37
-23.59
-16.35
-23.24
-31.58
-35.08
-37.79
-41.22
-47.3
-52.63
-66.56
-80.91
-96.3
-109.92
Basic Weighted Avg Shares
39
39
68
68
68
1,388
68
68
68
68
68
68
68
68
Sales/Revenue/Turnover
1,863
116
238
710
712
695
1,012
1,185
1,496
2,211
4,982
5,041
6,984
8,643
Operating Margin (%)
-16.91
-333.22
-67.7
-41.52
-81.28
-41.56
-19.57
-16.45
-25.8
-13.07
-19.38
-22.82
-18.23
-20.96
Depreciation Expense
18
17
17
20
18
18
13
5
3
4
5
13
33
44
Net Income, GAAP
-367
-463
-185
-483
-565
-236
-177
-228
-413
-362
-936
-979
-1,041
-1,659
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-19.71
-399.3
-77.86
-67.95
-79.42
-33.98
-17.5
-19.27
-27.61
-16.36
-18.79
-19.42
-14.91
-19.19
Working Capital
-95
-222
-298
-754
-1,503
-1,951
-2,146
-2,373
-2,817
-3,170
-4,246
-4,994
-1,808
-3,131
LT Debt
30
20
20
20
28
18
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
-522
-922
-1,108
-1,574
-2,139
-2,375
-2,552
-2,781
-3,194
-3,556
-4,492
-5,471
-6,512
-7,435
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

BRL

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
68
68
68
Market Capitalization
182
194
202

Working Capital

BRL

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
8,268
8,620
9,817
Cash, Cash Equivalents & STI
93
44
53
Accounts Receivable, Net
2,212
2,526
2,848
Inventories
2,265
2,360
3,210
Total Current Liabilities
10,076
11,063
12,948
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.88%
18.67%
19.03%
Free Cash Flow
1,511.67%
-1,930.32%
-8,173.94%
Net Income, GAAP
36.11%
47.61%
6.34%
Sales/Revenue/Turnover
49.79%
47.81%
38.53%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1,375
1,198
1,271
1,197
5,041
2024
1,307
1,359
1,908
2,409
6,984
2025
1,919
2,406
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-1.22
-2.84
-4.34
-6.07
-14.46
2024
-1.61
-2.91
-5.5
-5.36
-15.38
2025
-6.04
-7.6
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

CEO
Jorge Luiz Cruz Monteiro
Full Time Employees
129
Sector
Energy minerals
Industry
Oil refining/Marketing
Address
Brazil Avenue, 3141 Rio de Janeiro RJ Brazil 20930-041
IPO Date
Dec 29, 1992
Business
Refinaria de Petróleos de Manguinhos S.A. (Refit) operates a petroleum refinery in Rio de Janeiro, Brazil, focusing on the refining, import, export, and sale of crude oil and petroleum derivatives; it also provides storage, loading, unloading, and related services to third parties. Founded in 1945 and headquartered at Avenida Brasil 3141, Benfica, Rio de Janeiro, the company produces a range of products including gasoline A (with high octane RON 93 and aditivated formulas), Diesel A S10, Diesel A S500, Marine Diesel, naphtha, special solvents such as mineral spirits, hexane (food and chemical grades), heptanes S7 and S8, LPG, kerosene, fuel oil, lubricating oils, paraffin mineral oil, and biodiesel. Refit maintains one of Brazil's largest liquid storage facilities with capacity exceeding 200 million liters across approximately 600,000 square meters; its subsidiaries include Manguinhos Distribuidora SA (petroleum distribution), Manguinhos Quimica SA (lubricants and oils), Biomanguinhos Produtora de Biodiesel SA, and Manguinhos Terminais de Graneis Liquidos SA (bulk liquid terminals). The company, a subsidiary of XOROQUE Participações S.A., primarily serves the Brazilian domestic market with exports and targets fuel distributors, industrial users, and transportation sectors while emphasizing quality compliance with ANP regulations and innovation in aditivated fuels developed with Instituto Mauá de Tecnologia. In recent developments, Refit faced ANP interdiction in September 2025 for suspected irregular fuel imports and fiscal fraud linked to operations "Cadeia de Carbono" and "Carbono Oculto" involving organized crime, though a Rio de Janeiro court decision in late October 2025 restored full operations pending federal appeals; the MPF probes its 2024 environmental license renewal amid Ibama concerns over soil contamination near communities, and a November 2025 police operation targeted the group for economic crimes, tax evasion, and money laundering exceeding R$26 billion.