Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.6B | 7.8B | 7.6B | 8.8B | 6.7B | 5.3B | 3.9B | 3.2B | 2.7B | 2.3B | 2.0B | 1.7B | 1.4B | 1.1B |
| Revenue Growth % | -14.9% | 2.0% | -13.2% | 30.7% | 28.2% | 36.4% | 21.2% | 17.4% | 16.4% | 14.9% | 15.8% | 23.8% | 26.7% | -- |
| Total Revenue | 6.6B | 7.8B | 7.6B | 8.8B | 6.7B | 5.3B | 3.9B | 3.2B | 2.7B | 2.3B | 2.0B | 1.7B | 1.4B | 1.1B |
| Cost Of Revenue | 4.5B | 5.3B | 5.3B | 5.7B | 4.1B | 3.2B | 2.4B | 2.0B | 1.6B | 1.4B | 1.2B | 1.1B | 871.0M | 707.0M |
| Gross Profit | 2.1B | 2.5B | 2.3B | 3.1B | 2.6B | 2.1B | 1.5B | 1.2B | 1.1B | 923.0M | 806.0M | 697.0M | 542.0M | 408.0M |
| Gross Margin % | 31.7% | 32.2% | 30.2% | 35.2% | 39.3% | 39.8% | 38.0% | 38.6% | 40.4% | 39.7% | 39.8% | 39.9% | 38.4% | 36.6% |
| Total Operating Cost | 6.6B | 7.4B | 7.6B | 7.7B | 5.8B | 4.8B | 3.7B | 3.0B | 2.4B | 2.1B | 1.8B | 1.5B | 1.2B | 981.0M |
| Selling Expenses | 1.1B | 1.3B | 1.3B | 1.1B | 930.0M | 985.0M | 810.0M | 671.0M | 545.0M | 444.0M | 342.0M | 248.0M | 184.0M | 151.0M |
| Admin Expenses | 391.0M | 394.0M | 386.0M | 362.0M | 300.0M | 267.0M | 224.0M | 175.0M | 241.0M | 206.0M | 182.0M | 158.0M | 129.0M | 108.0M |
| Rd Expenses | 268.0M | 294.0M | 287.0M | 310.0M | 267.0M | 253.0M | 184.0M | 119.0M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 21.1M | 20.4M | 49.6M | 16.4M | 10.4M | -25,100 | 1.6M | -3.2M | -9.3M | 2.9M | 5.0M | 3.9M | 2.8M | 5.1M |
| Operating Income | 113.0M | 408.0M | 100.0M | 1.1B | 992.0M | 499.0M | 193.0M | 225.0M | 281.0M | 241.0M | 255.0M | 265.0M | 216.0M | 134.0M |
| Operating Margin % | 1.7% | 5.2% | 1.3% | 12.8% | 14.7% | 9.5% | 5.0% | 7.1% | 10.4% | 10.4% | 12.6% | 15.2% | 15.3% | 12.0% |
| Non Operating Income | 10.1M | 6.8M | 11.6M | 5.2M | 5.4M | 1.2M | 1.5M | 1.1M | 12.7M | 7.6M | 4.5M | 9.0M | 6.2M | 5.5M |
| Non Operating Expenses | 4.3M | 4.8M | 15.2M | 13.6M | 7.3M | 2.7M | 4.5M | 2.0M | 1.8M | 2.8M | 2.1M | 2.2M | 2.7M | 1.4M |
| Investment Income | 3.9M | 4.2M | -25.1M | -15.5M | -2.5M | -7.9M | 2.7M | 8.8M | 3.6M | -- | -- | -- | -- | -- |
| Fair Value Change Income | 1.6M | 684,100 | 252,700 | 52,100 | 639,100 | 3.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -238,800 | 1.1M | 12.9M | -2.0M | -476,700 | -4.7M | -2.3M | -407,100 | -994,600 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 57.1M | 33.6M | 24.5M | 16.7M | 22.6M | 15.1M | 36.7M | 29.4M | 10.8M | 10.1M | 8.8M | 7.2M | 1.4M | 1.3M |
| Other Income | 39.4M | 41.2M | 20.2M | 21.2M | 17.7M | 4.3M | 13.0M | 9.7M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 119.0M | 410.0M | 96.5M | 1.1B | 990.0M | 498.0M | 190.0M | 224.0M | 292.0M | 246.0M | 257.0M | 272.0M | 219.0M | 138.0M |
| Income Tax | -2.2M | 59.4M | 9.5M | 160.0M | 121.0M | 58.2M | 20.5M | 31.0M | 39.9M | 34.9M | 41.2M | 42.7M | 33.8M | 21.7M |
| Net Income | 121.0M | 350.0M | 87.1M | 962.0M | 869.0M | 439.0M | 169.0M | 193.0M | 252.0M | 211.0M | 216.0M | 229.0M | 186.0M | 116.0M |
| Net Margin % | 1.8% | 4.5% | 1.1% | 10.9% | 12.9% | 8.4% | 4.4% | 6.1% | 9.3% | 9.1% | 10.7% | 13.1% | 13.2% | 10.4% |
| Net Income Attributable | 90.0M | 324.0M | 65.6M | 889.0M | 817.0M | 439.0M | 172.0M | 191.0M | 253.0M | 211.0M | 215.0M | 229.0M | 186.0M | 116.0M |
| Minority Interest | 31.3M | 26.3M | 21.5M | 73.0M | 51.8M | 173,700 | -2.9M | 1.8M | -1.0M | 579,200 | 492,100 | 493,500 | -337,600 | -- |
| Eps Basic | 0.27 | 1.01 | 0.20 | 2.77 | 2.54 | 1.39 | 0.54 | 0.59 | 0.82 | 1.24 | 1.27 | 1.35 | 1.09 | 0.68 |
| Eps Diluted | 0.27 | 1.01 | 0.20 | 2.77 | 2.54 | 1.39 | 0.54 | 0.59 | 0.82 | 1.24 | 1.27 | 1.35 | 1.09 | 0.68 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.1B | 1.2B | 1.7B | 1.5B | 1.0B | 657.0M | 447.0M | 659.0M | 954.0M | 331.0M | 278.0M | 297.0M | 211.0M | 172.0M |
| Trading Financial Assets | 380.0M | 212.0M | 226.0M | 152.0M | 393.0M | 415.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 3.2B | 3.5B | 3.9B | 3.4B | 1.8B | 1.2B | 996.0M | 786.0M | 550.0M | 475.0M | 364.0M | 244.0M | 129.0M | 118.0M |
| Notes Receivable | 139.0M | 179.0M | 331.0M | 1.0B | 870.0M | 326.0M | 394.0M | 166.0M | 115.0M | 110.0M | 93.7M | 37.6M | 18.7M | 3.8M |
| Notes And Accounts Receivable | 3.4B | 3.7B | 4.2B | 4.5B | 2.6B | 1.5B | 1.4B | 952.0M | 665.0M | 585.0M | 458.0M | 282.0M | 147.0M | 122.0M |
| Prepayments | 39.9M | 39.4M | 62.6M | 106.0M | 66.2M | 28.7M | 21.8M | 32.1M | 13.1M | 19.9M | 19.6M | 17.3M | 26.2M | 7.3M |
| Inventory | 1.3B | 1.3B | 1.3B | 1.3B | 1.0B | 944.0M | 904.0M | 700.0M | 520.0M | 465.0M | 418.0M | 346.0M | 287.0M | 205.0M |
| Total Current Assets | 6.7B | 7.0B | 7.9B | 7.9B | 5.3B | 3.7B | 3.2B | 2.7B | 2.4B | 1.4B | 1.2B | 959.0M | 683.0M | 516.0M |
| Long Term Equity Investment | 401.0M | 421.0M | 419.0M | 248.0M | 141.0M | 136.0M | 86.5M | 20.8M | 23.8M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.3B | 1.1B | 1.1B | 845.0M | 621.0M | 539.0M | 536.0M | 469.0M | 298.0M | 299.0M | 282.0M | 240.0M | 162.0M |
| Fixed Assets Total | 1.3B | 1.3B | 1.1B | 1.1B | 845.0M | 621.0M | 539.0M | 536.0M | 469.0M | 298.0M | 299.0M | 282.0M | 240.0M | 162.0M |
| Construction In Progress | -- | 38.0M | 86.8M | 67.1M | 75.3M | 111.0M | 26.1M | 16.7M | 29.8M | 120.0M | 58.7M | 34.5M | 24.7M | 58.6M |
| Construction In Progress Total | 134.0M | 38.0M | 86.8M | 67.1M | 75.3M | 111.0M | 26.1M | 16.7M | 29.8M | 120.0M | 58.7M | 34.5M | 24.7M | 58.6M |
| Intangible Assets | 561.0M | 538.0M | 483.0M | 290.0M | 271.0M | 272.0M | 156.0M | 149.0M | 106.0M | 107.0M | 108.0M | 94.2M | 85.0M | 72.9M |
| Long Term Deferred Expenses | 89.5M | 84.6M | 86.4M | 50.7M | 25.9M | 23.9M | 26.8M | 19.7M | 13.1M | 8.1M | 7.6M | 6.3M | 3.0M | 2.3M |
| Total Non Current Assets | 3.2B | 2.8B | 2.6B | 2.0B | 1.5B | 1.2B | 876.0M | 767.0M | 663.0M | 540.0M | 478.0M | 420.0M | 354.0M | 297.0M |
| Total Assets | 9.9B | 9.8B | 10.6B | 10.0B | 6.8B | 5.0B | 4.0B | 3.5B | 3.1B | 2.0B | 1.7B | 1.4B | 1.0B | 813.0M |
| Short Term Borrowings | 34.6M | 44.2M | 360.0M | 397.0M | 43.5M | 21.0M | 31.5M | -- | -- | 106.0M | 89.7M | 40.5M | 25.0M | 37.8M |
| Accounts Payable | 1.9B | 2.1B | 2.6B | 2.3B | 827.0M | 707.0M | 505.0M | 480.0M | 310.0M | 286.0M | 219.0M | 229.0M | 148.0M | 131.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 115.0M | 101.0M | 80.8M | 88.3M | 65.5M | 55.7M | 65.1M | 69.6M | 48.5M |
| Contract Liabilities | 261.0M | 182.0M | 137.0M | 139.0M | 162.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.6B | 4.1B | 5.0B | 4.5B | 2.5B | 1.8B | 1.2B | 764.0M | 561.0M | 573.0M | 488.0M | 416.0M | 304.0M | 270.0M |
| Long Term Borrowings | 57.2M | 183.0M | 281.0M | 169.0M | 60.8M | 2.4M | -- | -- | -- | -- | -- | -- | -- | 10.0M |
| Total Non Current Liabilities | 281.0M | 425.0M | 552.0M | 400.0M | 109.0M | 36.3M | 10.6M | 3.0M | 3.3M | 1.7M | 1.6M | -- | -- | 10.0M |
| Total Liabilities | 3.9B | 4.5B | 5.5B | 4.9B | 2.6B | 1.8B | 1.2B | 768.0M | 564.0M | 575.0M | 490.0M | 416.0M | 304.0M | 280.0M |
| Paid In Capital | 354.0M | 322.0M | 322.0M | 322.0M | 322.0M | 322.0M | 322.0M | 322.0M | 214.0M | 170.0M | 170.0M | 170.0M | 170.0M | 170.0M |
| Capital Reserve | 1.7B | 1.2B | 1.2B | 1.1B | 1.0B | 982.0M | 976.0M | 976.0M | 1.1B | 244.0M | 244.0M | 244.0M | 244.0M | 244.0M |
| Surplus Reserve | 174.0M | 161.0M | 161.0M | 161.0M | 161.0M | 161.0M | 146.0M | 127.0M | 107.0M | 85.0M | 74.7M | 52.9M | 30.0M | 11.4M |
| Retained Earnings | 3.5B | 3.4B | 3.1B | 3.2B | 2.5B | 1.7B | 1.3B | 1.2B | 1.1B | 875.0M | 674.0M | 481.0M | 275.0M | 108.0M |
| Minority Equity | 260.0M | 251.0M | 220.0M | 232.0M | 123.0M | 90.6M | 88.7M | 79.8M | 22.9M | 15.9M | 15.3M | 14.9M | 14.4M | -- |
| Equity Attributable | 5.7B | 5.1B | 4.8B | 4.8B | 4.0B | 3.1B | 2.8B | 2.6B | 2.5B | 1.4B | 1.2B | 947.0M | 718.0M | 532.0M |
| Total Equity | 6.0B | 5.3B | 5.0B | 5.0B | 4.1B | 3.2B | 2.8B | 2.7B | 2.5B | 1.4B | 1.2B | 962.0M | 733.0M | 532.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 6.9B | 8.4B | 7.6B | 7.2B | 5.6B | 5.2B | 3.6B | 2.9B | 2.6B | 2.1B | 1.8B | 1.6B | 1.4B | 1.1B |
| Tax Refunds Received | 954,400 | 9.9M | 2.9M | 5.4M | 11.1M | 11.0M | 1.7M | -- | -- | -- | -- | 19.8M | -- | 2.9M |
| Total Operating Cash Inflow | 7.0B | 8.5B | 7.7B | 7.3B | 5.6B | 5.2B | 3.6B | 3.0B | 2.7B | 2.1B | 1.8B | 1.6B | 1.4B | 1.1B |
| Cash Paid For Goods | 4.1B | 5.2B | 3.9B | 4.1B | 2.9B | 2.6B | 2.0B | 1.6B | 1.2B | 908.0M | 964.0M | 747.0M | 725.0M | 546.0M |
| Cash Paid To Employees | 1.8B | 1.9B | 1.9B | 1.7B | 1.3B | 1.2B | 977.0M | 809.0M | 650.0M | 565.0M | 412.0M | 327.0M | 244.0M | 203.0M |
| Taxes Paid | 332.0M | 445.0M | 441.0M | 471.0M | 440.0M | 318.0M | 168.0M | 258.0M | 272.0M | 238.0M | 177.0M | 172.0M | 147.0M | 104.0M |
| Total Operating Cash Outflow | 6.6B | 8.0B | 6.8B | 6.7B | 5.1B | 4.6B | 3.6B | 3.0B | 2.4B | 2.0B | 1.8B | 1.4B | 1.3B | 981.0M |
| Operating Cash Flow | 394.0M | 499.0M | 935.0M | 546.0M | 501.0M | 619.0M | 32.1M | -44.2M | 238.0M | 142.0M | 33.9M | 158.0M | 126.0M | 94.4M |
| Total Investing Cash Inflow | 2.6B | 1.6B | 1.6B | 842.0M | 1.8B | 2.4B | 7.7M | 33.2M | 3.7M | 1.5M | 1.1M | 387,600 | 308,100 | 107,000 |
| Total Investing Cash Outflow | 3.3B | 2.1B | 2.3B | 1.1B | 2.1B | 2.8B | 238.0M | 250.0M | 366.0M | 98.3M | 97.3M | 76.1M | 80.7M | 102.0M |
| Investing Cash Flow | -742.0M | -441.0M | -698.0M | -297.0M | -297.0M | -460.0M | -230.0M | -216.0M | -363.0M | -96.8M | -96.2M | -75.8M | -80.4M | -102.0M |
| Cash From Borrowings | 173.0M | 162.0M | 992.0M | 832.0M | 210.0M | 555.0M | 363.0M | 70.0M | -- | 189.0M | 190.0M | 50.5M | 25.0M | 50.0M |
| Dividends And Interest Paid | 69.4M | 97.6M | 186.0M | 208.0M | 73.8M | 41.9M | 37.3M | 54.9M | 34.5M | 7.5M | 4.8M | 1.9M | 3.2M | 2.5M |
| Debt Repayments | 396.0M | 567.0M | 828.0M | 349.0M | 105.0M | 351.0M | 337.0M | 70.0M | 106.0M | 173.0M | 140.0M | 44.5M | 38.3M | 55.0M |
| Total Financing Cash Inflow | 785.0M | 190.0M | 998.0M | 868.0M | 312.0M | 556.0M | 372.0M | 91.6M | 1.1B | 191.0M | 190.0M | 50.5M | 35.0M | 63.1M |
| Total Financing Cash Outflow | 539.0M | 710.0M | 1.1B | 590.0M | 179.0M | 493.0M | 410.0M | 142.0M | 357.0M | 182.0M | 150.0M | 47.1M | 42.0M | 57.5M |
| Financing Cash Flow | 245.0M | -520.0M | -87.8M | 278.0M | 133.0M | 62.9M | -37.5M | -49.9M | 746.0M | 9.2M | 40.2M | 3.3M | -7.0M | 5.6M |
| Net Change In Cash | -106.0M | -459.0M | 151.0M | 523.0M | 336.0M | 222.0M | -239.0M | -311.0M | 621.0M | 54.0M | -22.1M | 85.8M | 38.3M | -2.3M |
| Ending Cash Balance | 1.1B | 1.2B | 1.6B | 1.5B | 957.0M | 621.0M | 398.0M | 638.0M | 949.0M | 328.0M | 274.0M | 296.0M | 210.0M | 172.0M |
| Capex | 340.0M | 344.0M | 456.0M | 431.0M | 306.0M | 225.0M | 115.0M | 154.0M | 114.0M | 98.3M | 97.3M | 76.1M | 68.7M | 102.0M |