CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2024	Dec. 31, 2023
CURRENT ASSETS:
Cash and cash equivalents	$ 233,318,766	$ 226,435,019
Short-term investments	22,304,829	14,356,476
Accounts receivable, net	295,344,353	321,809,868
Inventories, net	436,497,445	402,473,028
Prepaid expenses and other	49,862,777	32,663,762
Total current assets	1,037,328,170	997,738,153
PLANT AND EQUIPMENT:
Land, buildings and improvements	531,261,137	472,112,320
Machinery and equipment	1,065,109,667	1,011,930,699
Construction-in-process	177,907,293	158,327,247
Total Plant and Equipment	1,774,278,097	1,642,370,266
Less- Accumulated depreciation	(1,045,796,630)	(989,492,594)
Net Plant and Equipment	728,481,467	652,877,672
OTHER ASSETS:
Goodwill	340,668,927	340,105,631
Long-term investments	339,604,044	299,080,876
Intangible assets, net	195,157,160	214,005,910
Deferred tax asset	53,154,832	41,113,759
Patents and other assets, net	66,426,375	66,515,551
Total Other Assets	995,011,338	960,821,727
TOTAL ASSETS	2,760,820,975	2,611,437,552
CURRENT LIABILITIES:
Accounts payable	168,314,912	184,398,820
Accrued liabilities:
Salaries, wages and vacation	19,526,367	22,725,631
Income taxes	439,545	693,391
Royalties	21,087,480	20,898,949
Dividends payable	27,264,897	27,774,653
Other	16,059,475	15,117,532
Total current liabilities	252,692,676	271,608,976
OTHER NON-CURRENT LIABILITIES	36,028,644	27,311,507
TOTAL LIABILITIES	288,721,320	298,920,483
SHAREHOLDERS’ INVESTMENT:
Common stock, par value 0.06 per share; 400,000,000 shares authorized; 227,207,472 and 231,455,443 shares issued and outstanding in 2024 and 2023 respectively.	13,632,448	13,887,326
Additional paid-in capital	1,010,440,420	968,245,875
Retained earnings	1,450,287,128	1,336,940,990
Accumulated other comprehensive (loss) income:
Unrealized loss on investments, net	(591,605)	(2,022,403)
Cumulative translation adjustment	(5,817,736)	(4,534,719)
TOTAL GENTEX CORPORATION SHAREHOLDERS' INVESTMENT	2,467,950,655	2,312,517,069
Non-controlling Interest	4,149,000	0
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT	$ 2,760,820,975	$ 2,611,437,552