- Understand $csan stock

$CSAN Market Cap: $24.08 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$40.36B

TTM

Gross Margin

29.62%

TTM

Net Earnings

$2.622B

TTM

Current Assets

$33.56B

Q2 2024

Current Liabilities

$18.75B

Q2 2024

Current Ratio

178.98%

Q2 2024

Total Assets

$143.4B

Q2 2024

Total Liabilities

$123.6B

Q2 2024

Book Value

$19.78B

Q2 2024

Cash

$16.67B

Q2 2024

P/E

9.183

Sep 18, 2024 EST

Free Cash Flow

$4.772B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Revenue	$39.47B	$39.74B	$24.91B	$13.51B	$13.56B	$10.29B	$7.671B	$7.542B	$8.349B	$8.147B	$6.878B	$30.02B	$24.10B	$18.06B	$15.34B	$6.270B	$2.736B	$3.605B	$2.478B	$1.900B	$1.586B	$1.410B
YoY Change	-0.68%	59.54%	84.38%	-0.38%	31.78%	34.14%	1.71%	-9.67%	2.48%	18.45%	-77.09%	24.56%	33.41%	17.78%	144.59%	129.17%	-24.11%	45.48%	30.42%	19.8%	12.48%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Revenue	$39.47B	$39.74B	$24.91B	$13.51B	$13.56B	$10.29B	$7.671B	$7.542B	$8.349B	$8.147B	$6.878B	$30.02B	$24.10B	$18.06B	$15.34B	$6.270B	$2.736B	$3.605B	$2.478B	$1.900B	$1.586B	$1.410B
Cost Of Revenue	$28.55B	$30.75B	$18.57B	$9.816B	$9.588B	$7.683B	$5.046B	$4.602B	$5.905B	$5.803B	$4.878B	$26.68B	$21.47B	$15.15B	$13.21B	$5.471B	$2.387B	$2.481B	$1.721B	$1.339B	$1.079B	$873.0M
Gross Profit	$10.92B	$8.984B	$6.339B	$3.693B	$3.972B	$2.607B	$2.625B	$2.940B	$2.444B	$2.344B	$2.000B	$3.332B	$2.632B	$2.913B	$2.125B	$799.0M	$349.0M	$1.124B	$757.0M	$562.0M	$507.0M	$536.0M
Gross Profit Margin	27.66%	22.61%	25.45%	27.34%	29.29%	25.34%	34.22%	38.98%	29.27%	28.77%	29.08%	11.1%	10.92%	16.13%	13.86%	12.74%	12.76%	31.18%	30.55%	29.58%	31.97%	38.01%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Selling, General & Admin	$3.879B	$3.253B	$2.770B	$1.934B	$1.912B	$1.632B	$1.637B	$1.603B	$1.484B	$1.443B	$1.068B	$2.119B	$1.778B	$1.567B	$1.362B	$708.0M	$512.0M	$528.0M	$367.0M	$294.0M	$256.0M	$214.0M
YoY Change	19.24%	17.42%	43.23%	1.14%	17.16%	-0.31%	2.11%	8.02%	2.86%	35.11%	-49.6%	19.18%	13.47%	15.05%	92.37%	38.28%	-3.03%	43.87%	24.83%	14.84%	19.63%
% of Gross Profit	35.52%	36.2%	43.7%	52.37%	48.14%	62.6%	62.37%	54.54%	60.74%	61.57%	53.4%	63.6%	67.55%	53.79%	64.09%	88.61%	146.7%	46.98%	48.48%	52.31%	50.49%	39.93%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.365B	$3.014B	$2.222B	$623.1M	$570.3M	$560.2M	$596.7M	$615.3M	$561.0M	$581.9M	$439.1M	$1.544B	$1.143B	$742.3M	$721.9M	$623.7M	$542.7M	$520.7M	$282.7M	$205.5M
YoY Change	11.63%	35.69%	256.54%	9.26%	1.8%	-6.12%	-3.03%	9.67%	-3.58%	32.51%	-71.56%	35.12%	53.95%	2.83%	15.74%	14.93%	4.23%	84.19%	37.57%
% of Gross Profit	30.82%	33.55%	35.04%	16.87%	14.36%	21.49%	22.73%	20.93%	22.96%	24.83%	21.96%	46.34%	43.42%	25.48%	33.97%	78.06%	155.5%	46.33%	37.34%	36.57%
Operating Expenses	$3.376B	$3.144B	$2.869B	$1.939B	$1.462B	$1.479B	$603.8M	$1.598B	$1.464B	$1.273B	$883.0M	$1.971B	$1.727B	$1.652B	$136.0M	$1.201B	$153.0M	$559.0M	$819.0M	$528.0M	$474.0M	$463.0M
YoY Change	7.39%	9.58%	47.93%	32.67%	-1.18%	144.99%	-62.2%	9.11%	15.06%	44.12%	-55.2%	14.13%	4.54%	1114.71%	-88.68%	684.97%	-72.63%	-31.75%	55.11%	11.39%	2.38%
Operating Profit	$7.543B	$5.841B	$3.470B	$1.753B	$2.511B	$1.128B	$2.021B	$1.342B	$979.7M	$1.071B	$1.117B	$1.361B	$905.0M	$1.261B	$1.989B	-$402.0M	$196.0M	$565.0M	-$62.00M	$34.00M	$33.00M	$73.00M
YoY Change	29.14%	68.31%	97.92%	-30.16%	122.59%	-44.19%	50.57%	37.01%	-8.52%	-4.12%	-17.93%	50.39%	-28.23%	-36.6%	-594.78%	-305.1%	-65.31%	-1011.29%	-282.35%	3.03%	-54.79%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Interest Expense	$3.853B	-$6.247B	$1.505B	$442.0M	$950.2M	$969.5M	$890.5M	$1.939B	-$1.163B	$229.8M	-$408.0M	-$417.0M	$2.736B	-$562.0M	-$490.0M	-$307.0M	-$275.0M	$0.00	$0.00	$0.00	$8.000M	$17.00M
YoY Change	-161.67%	-515.01%	240.62%	-53.49%	-1.99%	8.87%	-54.08%	-266.72%	-606.12%	-156.33%	-2.16%	-115.24%	-586.83%	14.69%	59.61%	11.64%				-100.0%	-52.94%
% of Operating Profit	51.08%	-106.97%	43.38%	25.21%	37.85%	85.95%	44.06%	144.48%	-118.73%	21.46%	-36.53%	-30.64%	302.32%	-44.57%	-24.64%		-140.31%	0.0%		0.0%	24.24%	23.29%
Other Income/Expense, Net	-$6.104B	$3.766B	$455.2M	-$1.106B	-$238.2M	-$308.0M	-$790.9M	-$1.690B	$707.3M	-$583.7M	-$44.00M	$7.000M	$20.00M	$440.0M	$0.00	$0.00	$10.00M	$2.000M	-$1.000M	$3.000M	$0.00	$0.00
YoY Change	-262.1%	727.2%	-141.17%	364.26%	-22.66%	-61.06%	-53.2%	-338.92%	-221.16%	1226.69%	-728.57%	-65.0%	-95.45%			-100.0%	400.0%	-300.0%	-133.33%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Pretax Income	$5.114B	$2.702B	$5.900B	$1.167B	$3.201B	$2.449B	$1.968B	$1.486B	$695.7M	$536.1M	$562.0M	$991.0M	$3.755B	$1.191B	$1.413B	-$709.0M	-$69.00M	$567.0M	-$63.00M	$36.00M	$41.00M	$91.00M
YoY Change	89.23%	-54.2%	405.72%	-63.55%	30.7%	24.43%	32.49%	113.54%	29.77%	-4.61%	-43.29%	-73.61%	215.28%	-15.71%	-299.29%	927.54%	-112.17%	-1000.0%	-275.0%	-12.2%	-54.95%
Income Tax	$274.4M	-$118.4M	-$450.8M	$257.9M	$728.8M	$517.1M	$457.7M	$60.21M	-$85.22M	-$14.51M	$39.00M	$262.0M	$1.110B	$415.0M	$434.0M	-$235.0M	-$19.00M	$204.0M	-$6.000M	$22.00M	$8.000M	$81.00M
% Of Pretax Income	5.37%	-4.38%	-7.64%	22.1%	22.77%	21.11%	23.26%	4.05%	-12.25%	-2.71%	6.94%	26.44%	29.56%	34.84%	30.71%			35.98%		61.11%	19.51%	89.01%
Net Earnings	$1.094B	$1.176B	$6.123B	$851.9M	$2.425B	$1.652B	$1.315B	$1.036B	$580.1M	$292.0M	$234.0M	$638.0M	$2.606B	$772.0M	$986.0M	-$474.0M	-$48.00M	$357.0M	-$65.00M	$17.00M	$32.00M	$26.00M
YoY Change	-6.94%	-80.79%	618.81%	-64.88%	46.79%	25.62%	26.95%	78.61%	98.64%	24.8%	-63.32%	-75.52%	237.56%	-21.7%	-308.02%	887.5%	-113.45%	-649.23%	-482.35%	-46.88%	23.08%
Net Earnings / Revenue	2.77%	2.96%	24.58%	6.31%	17.89%	16.06%	17.15%	13.74%	6.95%	3.58%	3.4%	2.13%	10.81%	4.27%	6.43%	-7.56%	-1.75%	9.9%	-2.62%	0.89%	2.02%	1.84%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.58	$0.63	$3.329M	$550.8K	$1.535M	$1.027M	$798.2K	$625.9K	$1.391M	$715.8K	$572.1K	$1.560M	$6.341M	$1.897M	$2.429M	-$1.445M	-$254.0K	$1.889M	-$345.7K	$127.8K	$240.6K	$195.5K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Cash & Short-Term Investments	$18.07B	$15.81B	$20.55B	$6.886B	$7.440B	$4.056B	$3.850B	$4.362B	$3.227B	$1.690B	$1.563B	$2.709B	$1.636B	$1.310B	$1.309B	$736.0M	$1.097B	$1.255B	$1.120B	$40.00M	$113.0M	$88.00M
YoY Change	14.25%	-23.04%	198.4%	-7.45%	83.42%	5.35%	-11.73%	35.19%	90.94%	8.12%	-42.3%	65.59%	24.89%	0.08%	77.85%	-32.91%	-12.59%	12.05%	2700.0%	-64.6%	28.41%
Cash & Equivalents	$14.45B	$12.99B	$16.08B	$4.539B	$5.958B	$2.639B	$3.106B	$3.937B	$2.965B	$1.419B	$1.475B	$2.198B	$1.616B	$177.0M	$179.0M	$719.0M	$66.00M	$1.217B	$832.0M	$40.00M	$113.0M	$88.00M
Short-Term Investments	$3.409B	$2.511B	$4.373B	$2.272B	$1.363B	$1.359B	$700.0M	$371.2M	$97.22M	$149.7M	$88.00M	$221.0M	$20.00M	$1.132B	$1.108B	$17.00M	$1.031B	$38.00M	$289.0M
Other Short-Term Assets	$3.534B	$2.005B	$1.553B	$745.6M	$414.2M	$609.1M	$512.9M	$471.0M	$286.5M	$254.8M	$558.0M	$274.0M	$324.0M	$268.0M	$106.0M	$62.00M	$159.0M	$105.0M	$52.00M	$20.00M	$17.00M	$35.00M
YoY Change	76.21%	29.11%	108.31%	80.0%	-32.0%	18.76%	8.9%	64.41%	12.44%	-54.34%	103.65%	-15.43%	20.9%	152.83%	70.97%	-61.01%	51.43%	101.92%	160.0%	17.65%	-51.43%
Inventory	$1.793B	$1.869B	$1.150B	$1.535B	$1.312B	$907.4M	$2.067B	$416.7M	$575.3M	$417.6M	$375.0M	$1.240B	$788.0M	$900.0M	$1.282B	$1.312B	$797.0M	$715.0M	$657.0M	$521.0M	$468.0M	$424.0M
Prepaid Expenses
Receivables	$3.330B	$3.770B	$2.581B	$1.586B	$1.400B	$1.128B	$918.4M	$713.5M	$759.7M	$822.4M	$844.0M	$1.692B	$964.0M	$595.0M	$766.0M	$599.0M	$215.0M	$112.0M	$213.0M	$119.0M	$74.00M	$55.00M
Other Receivables	$1.886B	$2.121B	$1.463B	$684.8M	$769.9M	$888.6M	$430.9M	$340.6M	$317.6M	$223.7M	$207.0M	$649.0M	$1.003B	$390.0M	$429.0M	$365.0M	$17.00M	$38.00M	$104.0M	$101.0M	$67.00M	$67.00M
Total Short-Term Assets	$28.61B	$25.58B	$27.29B	$11.44B	$11.34B	$7.590B	$7.780B	$6.304B	$5.166B	$3.408B	$3.547B	$6.564B	$4.715B	$3.462B	$3.893B	$3.075B	$2.284B	$2.225B	$2.147B	$801.0M	$739.0M	$669.0M
YoY Change	11.85%	-6.28%	138.65%	0.88%	49.37%	-2.45%	23.42%	22.03%	51.56%	-3.91%	-45.96%	39.22%	36.19%	-11.07%	26.6%	34.63%	2.65%	3.63%	168.04%	8.39%	10.46%
Property, Plant & Equipment	$31.81B	$28.08B	$25.30B	$1.197B	$1.032B	$498.4M	$412.3M	$389.3M	$401.8M	$351.4M	$1.272B	$8.424B	$8.835B	$9.542B	$5.561B	$3.494B	$2.771B	$2.013B	$1.523B	$1.395B	$1.235B	$881.0M
YoY Change	13.27%	10.98%	2013.49%	16.01%	107.05%	20.88%	5.91%	-3.1%	14.33%	-72.37%	-84.9%	-4.65%	-7.41%	71.59%	59.16%	26.09%	37.66%	32.17%	9.18%	12.96%	40.18%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$45.77B	$48.11B	$15.60B	$8.322B	$7.875B	$8.412B	$8.707B	$8.746B	$10.97B	$11.18B	$10.88B	$2.641B	$419.0M	$304.0M	$193.0M	$278.0M	$120.0M	$93.00M	$118.0M	$13.00M	$0.00	$88.00M
YoY Change	-4.86%	208.33%	87.5%	5.68%	-6.39%	-3.39%	-0.45%	-20.29%	-1.83%	2.7%	312.08%	530.31%	37.83%	57.51%	-30.58%	131.67%	29.03%	-21.19%	807.69%		-100.0%
Other Assets	$9.261B	$8.687B	$9.140B	$4.373B	$3.000B	$2.454B	$2.024B	$2.204B	$3.999B	$2.468B	$2.008B	$2.118B	$2.358B	$1.844B	$996.0M	$1.058B	$715.0M	$1.932B	$1.871B	$513.0M	$457.0M	$501.0M
YoY Change	6.61%	-4.95%	109.01%	45.76%	22.27%	21.21%	-8.13%	-44.9%	62.06%	22.89%	-5.19%	-10.18%	27.87%	85.14%	-5.86%	47.97%	-62.99%	3.26%	264.72%	12.25%	-8.78%
Total Long-Term Assets	$111.3B	$108.9B	$70.55B	$24.32B	$21.53B	$21.20B	$20.76B	$21.00B	$25.16B	$23.70B	$25.05B	$27.24B	$17.41B	$15.28B	$10.11B	$7.572B	$5.109B	$4.038B	$3.512B	$1.921B	$1.756B	$1.481B
YoY Change	2.16%	54.37%	190.03%	12.99%	1.55%	2.12%	-1.13%	-16.54%	6.17%	-5.41%	-8.02%	56.45%	13.91%	51.14%	33.54%	48.21%	26.52%	14.98%	82.82%	9.4%	18.57%
Total Assets	$139.9B	$134.5B	$97.84B	$35.76B	$32.87B	$28.79B	$28.54B	$27.30B	$30.32B	$27.10B	$28.60B	$33.80B	$22.12B	$18.75B	$14.01B	$10.65B	$7.393B	$6.263B	$5.659B	$2.722B	$2.495B	$2.150B
YoY Change
Accounts Payable	$3.920B	$4.318B	$3.254B	$1.875B	$1.677B	$1.472B	$1.805B	$1.468B	$1.545B	$971.2M	$862.0M	$1.388B	$606.0M	$559.0M	$569.0M	$456.0M	$191.0M	$114.0M	$202.0M	$95.00M	$53.00M	$120.0M
YoY Change	-9.22%	32.73%	73.5%	11.84%	13.89%	-18.45%	23.02%	-5.0%	59.07%	12.66%	-37.9%	129.04%	8.41%	-1.76%	24.78%	138.74%	67.54%	-43.56%	112.63%	79.25%	-55.83%
Accrued Expenses	$1.503B	$1.420B	$1.089B	$563.0M	$516.0M	$342.2M	$506.2M	$348.6M	$226.6M	$401.6M	$302.0M	$482.0M	$184.0M	$184.0M	$142.0M	$93.00M	$81.00M
YoY Change	5.88%	30.33%	93.48%	9.1%	50.79%	-32.39%	45.21%	53.79%	-43.56%	32.96%	-37.34%	161.96%	0.0%	29.58%	52.69%	14.81%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$5.615B	$5.093B	$4.647B	$2.373B	$2.381B	$1.161B	$1.612B	$936.0M	$1.231B	$856.3M	$988.0M	$2.099B	$537.0M	$916.0M	$801.0M	$1.450B	$83.00M	$89.00M	$69.00M	$38.00M	$319.0M	$212.0M
YoY Change	10.26%	9.59%	95.88%	-0.35%	105.03%	-27.94%	72.17%	-23.93%	43.7%	-13.33%	-52.93%	290.88%	-41.38%	14.36%	-44.76%	1646.99%	-6.74%	28.99%	81.58%	-88.09%	50.47%
Total Short-Term Liabilities	$16.16B	$15.80B	$12.96B	$6.415B	$6.166B	$3.994B	$4.991B	$3.223B	$3.345B	$2.545B	$2.637B	$4.710B	$2.078B	$2.457B	$2.118B	$2.325B	$578.0M	$592.0M	$670.0M	$494.0M	$973.0M	$847.0M
YoY Change	2.28%	21.93%	101.98%	4.04%	54.38%	-19.98%	54.88%	-3.65%	31.43%	-3.48%	-44.01%	126.66%	-15.43%	16.01%	-8.9%	302.25%	-2.36%	-11.64%	35.63%	-49.23%	14.88%
Long-Term Debt	$56.56B	$51.43B	$44.28B	$13.13B	$11.03B	$8.796B	$8.063B	$8.202B	$8.525B	$6.541B	$7.843B	$9.514B	$4.477B	$6.275B	$5.137B	$2.885B	$2.136B	$2.826B	$2.071B	$847.0M	$385.0M	$419.0M
YoY Change	9.99%	16.14%	237.12%	19.03%	25.45%	9.08%	-1.69%	-3.79%	30.33%	-16.6%	-17.56%	112.51%	-28.65%	22.15%	78.06%	35.07%	-24.42%	36.46%	144.51%	120.0%	-8.11%
Other Long-Term Liabilities	$10.93B	$13.62B	$7.917B	$3.434B	$3.045B	$3.336B	$3.575B	$3.974B	$4.716B	$4.025B	$2.905B	$3.563B	$3.509B	$1.717B	$1.246B	$2.040B	$1.309B	$1.161B	$1.509B	$590.0M	$475.0M	$475.0M
YoY Change	-19.72%	72.04%	130.54%	12.78%	-8.73%	-6.69%	-10.03%	-15.73%	17.15%	38.56%	-18.47%	1.54%	104.37%	37.8%	-38.92%	55.84%	12.75%	-23.06%	155.76%	24.21%	0.0%
Total Long-Term Liabilities	$67.50B	$65.05B	$52.20B	$16.57B	$14.08B	$12.13B	$11.64B	$12.18B	$13.24B	$10.57B	$10.75B	$13.08B	$7.986B	$7.992B	$6.383B	$4.925B	$3.445B	$3.987B	$3.580B	$1.437B	$860.0M	$894.0M
YoY Change	3.77%	24.62%	215.03%	17.68%	16.05%	4.24%	-4.41%	-8.04%	25.31%	-1.69%	-17.81%	63.75%	-0.08%	25.21%	29.6%	42.96%	-13.59%	11.37%	149.13%	67.09%	-3.8%
Total Liabilities	$118.9B	$113.8B	$83.10B	$24.91B	$22.31B	$18.86B	$19.09B	$18.33B	$21.64B	$18.29B	$18.86B	$24.01B	$12.97B	$12.29B	$8.895B	$7.282B	$4.068B	$4.632B	$4.304B	$1.960B	$1.894B	$1.775B
YoY Change	4.46%	36.98%	233.56%	11.66%	18.29%	-1.21%	4.14%	-15.29%	18.36%	-3.06%	-21.43%	85.06%	5.58%	38.12%	22.15%	79.01%	-12.18%	7.62%	119.59%	3.48%	6.7%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $24.078 Billion

About

Cosan SA is a holding company, which produces and sells sugar and ethanol. The company is headquartered in Sao Paulo, Sao Paulo. The company went IPO on 2005-11-16. The firm's activities are divided into six business segments: Raizen Energia, which produces and distributes sugarcane derivatives, such as raw sugar and hydrated ethanol, and cogenerates energy from sugarcane bagasse; Raizen Combustiveis, which distributes fuel, mainly through a network of gasoline stations under the Shell brand name; Comgas, which focuses on the natural gas distribution in the state of Sao Paulo, Brazil; Radar, which is responsible for purchase, sale, management and leasing of agricultural land; Lubricants, which manufactures and sells lubricants under the Mobil brand name in Latin American market, as well as the Comma brand name in the European and Asian market, and Other, which includes investments in other businesses. The firm is a subsidiary of Cosan Ltd.

Industry: Retail-Auto Dealers & Gasoline Stations Peers: