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 | 2.3B | 3.9B | 5.2B | 6.3B | 5.6B | 4.9B | 4.1B | 3.2B | 2.7B | 2.6B | 2.4B | 2.2B | 1.9B | 1.4B |
| Revenue Growth % | -39.9% | -26.0% | -17.0% | 12.5% | 14.9% | 17.2% | 30.7% | 17.9% | 3.6% | 6.4% | 8.9% | 16.2% | 38.3% | -- |
| Total Revenue | 2.3B | 3.9B | 5.2B | 6.3B | 5.6B | 4.9B | 4.1B | 3.2B | 2.7B | 2.6B | 2.4B | 2.2B | 1.9B | 1.4B |
| Cost Of Revenue | 3.0B | 3.8B | 4.5B | 5.4B | 4.6B | 4.1B | 3.6B | 2.7B | 2.3B | 2.2B | 2.0B | 1.9B | 1.6B | 1.2B |
| Gross Profit | -653.0M | 43.0M | 668.0M | 904.0M | 952.0M | 795.0M | 592.0M | 443.0M | 435.0M | 445.0M | 418.0M | 380.0M | 321.0M | 234.0M |
| Gross Margin % | -28.2% | 1.1% | 12.8% | 14.4% | 17.1% | 16.4% | 14.3% | 14.0% | 16.2% | 17.1% | 17.1% | 16.9% | 16.6% | 16.8% |
| Total Operating Cost | 4.2B | 4.5B | 5.2B | 6.1B | 5.3B | 4.6B | 3.9B | 3.0B | 2.5B | 2.4B | 2.3B | 2.1B | 1.8B | 1.3B |
| Selling Expenses | 18.1M | 32.1M | 37.7M | 51.7M | 51.5M | 46.4M | 39.3M | 32.5M | 26.3M | 24.6M | 24.9M | 22.6M | 18.6M | 12.8M |
| Admin Expenses | 242.0M | 222.0M | 255.0M | 206.0M | 164.0M | 121.0M | 99.0M | 96.7M | 78.7M | 74.5M | 72.6M | 63.1M | 44.2M | 28.9M |
| Rd Expenses | 44.0M | 101.0M | 129.0M | 181.0M | 170.0M | 152.0M | 12.0M | -- | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 176.0M | 113.0M | 114.0M | 107.0M | 92.7M | 91.6M | 72.0M | 43.2M | 29.8M | 29.8M | 25.3M | 15.3M | 5.1M | 5.0M |
| Operating Income | -1.8B | -680.0M | 48.8M | 169.0M | 327.0M | 268.0M | 240.0M | 184.0M | 197.0M | 179.0M | 183.0M | 178.0M | 167.0M | 118.0M |
| Operating Margin % | -79.6% | -17.6% | 0.9% | 2.7% | 5.9% | 5.5% | 5.8% | 5.8% | 7.3% | 6.9% | 7.5% | 7.9% | 8.7% | 8.5% |
| Non Operating Income | 3.3M | 1.9M | 4.1M | 1.8M | 7.6M | 715,300 | 174,100 | 574,400 | 4.0M | 11.9M | 1.2M | 702,400 | 1.7M | 528,000 |
| Non Operating Expenses | 5.0M | 45.3M | 8.4M | 6.1M | 14.4M | 14.4M | 7.1M | 3.9M | 4.7M | 42,600 | 2.8M | 2.8M | 5.3M | 876,100 |
| Investment Income | 4,778 | -7.7M | -6.6M | 12.5M | 20.3M | 21.1M | 13.4M | 4.0M | -- | -- | -- | -- | 1.1M | 798,100 |
| Fair Value Change Income | -56,500 | -979,200 | 2.1M | -31,600 | 112,100 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -2.1M | 5.5M | 2.4M | -21,700 | -- | -- | -4,200 | -14,800 | -130,300 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 413.0M | 128.0M | 35.3M | 122.0M | 66.8M | 1.6M | 119.0M | 62.7M | 63.9M | 49.3M | 30.9M | 23.0M | 14.5M | 18.4M |
| Other Income | 6.3M | 4.3M | 13.1M | 12.3M | 10.2M | 3.5M | 2.5M | 3.0M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -1.8B | -723.0M | 44.5M | 165.0M | 320.0M | 254.0M | 233.0M | 180.0M | 197.0M | 191.0M | 181.0M | 175.0M | 163.0M | 117.0M |
| Income Tax | 14.8M | -18,600 | 23.5M | 57.4M | 74.0M | 55.2M | 80.4M | 42.1M | 41.1M | 37.1M | 54.1M | 50.4M | 45.7M | 33.9M |
| Net Income | -1.9B | -723.0M | 21.0M | 108.0M | 246.0M | 199.0M | 152.0M | 138.0M | 156.0M | 154.0M | 127.0M | 125.0M | 118.0M | 83.5M |
| Net Margin % | -80.3% | -18.7% | 0.4% | 1.7% | 4.4% | 4.1% | 3.7% | 4.3% | 5.8% | 5.9% | 5.2% | 5.6% | 6.1% | 6.0% |
| Net Income Attributable | -1.8B | -702.0M | 11.2M | 90.3M | 245.0M | 204.0M | 154.0M | 139.0M | 156.0M | 154.0M | 127.0M | 125.0M | 118.0M | 83.8M |
| Minority Interest | -75.9M | -21.0M | 9.9M | 17.6M | 552,400 | -4.5M | -2.0M | -532,100 | -464,300 | -194,700 | -149,800 | -190,500 | -143,300 | -292,600 |
| Eps Basic | -2.50 | -0.98 | 0.02 | 0.13 | 0.36 | 0.41 | 0.28 | 0.27 | 0.34 | 0.68 | 0.57 | 0.56 | 0.54 | -- |
| Eps Diluted | -2.50 | -0.98 | 0.02 | 0.11 | 0.37 | 0.41 | 0.28 | 0.27 | 0.34 | 0.68 | 0.57 | 0.56 | 0.54 | -- |
| 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 | 237.0M | 641.0M | 1.3B | 1.8B | 1.3B | 1.4B | 1.1B | 1.3B | 1.3B | 562.0M | 528.0M | 519.0M | 396.0M | 165.0M |
| Trading Financial Assets | 7.0M | 7.3M | 157.0M | 211.0M | 29.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.7B | 2.4B | 2.6B | 2.6B | 2.6B | 3.6B | 2.8B | 2.3B | 1.8B | 1.4B | 1.2B | 913.0M | 698.0M | 491.0M |
| Notes Receivable | 8.8M | 50.1M | 41.6M | 119.0M | 70.0M | 40.9M | 47.7M | 12.7M | 8.0M | 1.8M | 1.7M | 1.5M | 600,000 | -- |
| Notes And Accounts Receivable | 1.7B | 2.4B | 2.7B | 2.7B | 2.7B | 3.6B | 2.8B | 2.4B | 1.8B | 1.4B | 1.2B | 915.0M | 699.0M | 491.0M |
| Prepayments | 9.7M | 17.3M | 48.8M | 23.8M | 30.1M | 56.6M | 29.2M | 15.8M | 12.4M | 16.7M | 15.1M | 9.2M | 5.5M | 4.7M |
| Inventory | 524.0M | 526.0M | 472.0M | 372.0M | 289.0M | 239.0M | 189.0M | 124.0M | 76.6M | 65.4M | 56.2M | 51.4M | 38.5M | 30.1M |
| Total Current Assets | 4.6B | 6.4B | 7.9B | 7.8B | 6.3B | 5.4B | 4.2B | 3.8B | 3.2B | 2.1B | 1.9B | 1.5B | 1.2B | 714.0M |
| Long Term Equity Investment | 71.9M | 78.3M | 84.9M | 94.1M | 82.0M | 76.5M | 63.0M | 50.4M | -- | -- | -- | -- | -- | 4.7M |
| Fixed Assets | -- | 444.0M | 322.0M | 233.0M | 355.0M | 144.0M | 154.0M | 161.0M | 126.0M | 133.0M | 146.0M | 147.0M | 8.9M | 6.3M |
| Fixed Assets Total | 414.0M | 444.0M | 322.0M | 233.0M | 355.0M | 144.0M | 154.0M | 161.0M | 126.0M | 133.0M | 146.0M | 147.0M | 8.9M | 6.3M |
| Construction In Progress | -- | 488.0M | 541.0M | 255.0M | 39.1M | 114.0M | 12.9M | 761,200 | -- | -- | -- | 1.9M | 132.0M | 23.7M |
| Construction In Progress Total | 394.0M | 488.0M | 541.0M | 255.0M | 39.1M | 114.0M | 12.9M | 761,200 | -- | -- | -- | 1.9M | 132.0M | 23.7M |
| Intangible Assets | 225.0M | 254.0M | 284.0M | 312.0M | 339.0M | 300.0M | 266.0M | 73.8M | 51.9M | 50.8M | 52.2M | 53.4M | 1.3M | 356,600 |
| Long Term Deferred Expenses | 2.4M | 4.4M | 7.1M | 1.3M | 797,800 | 1.3M | 1.3M | 1.7M | 2.1M | 3.8M | 4.9M | 2.8M | -- | -- |
| Total Non Current Assets | 1.5B | 1.8B | 1.7B | 1.3B | 957.0M | 668.0M | 527.0M | 291.0M | 180.0M | 189.0M | 203.0M | 206.0M | 143.0M | 108.0M |
| Total Assets | 6.1B | 8.1B | 9.6B | 9.2B | 7.3B | 6.1B | 4.7B | 4.1B | 3.4B | 2.3B | 2.1B | 1.7B | 1.3B | 821.0M |
| Short Term Borrowings | 1.1B | 1.0B | 1.7B | 1.8B | 1.4B | 1.2B | 1.3B | 970.0M | 669.0M | 470.0M | 440.0M | 282.0M | 100.0M | -- |
| Accounts Payable | 1.4B | 1.4B | 1.4B | 1.2B | 1.1B | 1.0B | 588.0M | 737.0M | 577.0M | 548.0M | 511.0M | 527.0M | 425.0M | 304.0M |
| Advance Receipts | 279,900 | 231,100 | 9,100 | -- | 214,400 | 172.0M | 81.7M | 54.7M | 21.5M | 14.7M | 18.0M | 23.8M | 17.2M | 18.3M |
| Contract Liabilities | 65.6M | 119.0M | 142.0M | 218.0M | 232.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.9B | 3.8B | 4.5B | 4.3B | 3.9B | 3.1B | 2.5B | 2.0B | 1.4B | 1.2B | 1.1B | 922.0M | 617.0M | 408.0M |
| Long Term Borrowings | 196.0M | 361.0M | 215.0M | 42.5M | -- | 97.5M | 99.5M | 100.0M | -- | -- | -- | -- | -- | 54.5M |
| Total Non Current Liabilities | 1.2B | 1.5B | 1.4B | 1.2B | 18.8M | 150.0M | 107.0M | 104.0M | 4.6M | 3.3M | 3.5M | -- | -- | 55.0M |
| Total Liabilities | 5.1B | 5.3B | 5.9B | 5.5B | 3.9B | 3.3B | 2.6B | 2.1B | 1.4B | 1.2B | 1.1B | 922.0M | 617.0M | 463.0M |
| Paid In Capital | 728.0M | 714.0M | 714.0M | 721.0M | 721.0M | 683.0M | 600.0M | 600.0M | 300.0M | 225.0M | 225.0M | 225.0M | 225.0M | 80.0M |
| Capital Reserve | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.1B | 661.0M | 661.0M | 961.0M | 355.0M | 355.0M | 355.0M | 355.0M | 82.6M |
| Surplus Reserve | 156.0M | 156.0M | 156.0M | 151.0M | 139.0M | 116.0M | 96.4M | 81.1M | 67.1M | 51.7M | 35.8M | 23.1M | 10.7M | 19.7M |
| Retained Earnings | -1.3B | 472.0M | 1.2B | 1.2B | 1.1B | 947.0M | 781.0M | 672.0M | 607.0M | 466.0M | 328.0M | 214.0M | 101.0M | 175.0M |
| Minority Equity | -62.9M | 31.3M | 127.0M | 109.0M | 110.0M | -5.0M | -1.5M | -478,100 | 507,600 | 995,300 | 1.2M | 1.3M | 1.5M | 1.2M |
| Equity Attributable | 1.1B | 2.8B | 3.5B | 3.6B | 3.3B | 2.8B | 2.1B | 2.0B | 1.9B | 1.1B | 944.0M | 816.0M | 691.0M | 357.0M |
| Total Equity | 1.0B | 2.8B | 3.7B | 3.7B | 3.4B | 2.8B | 2.1B | 2.0B | 1.9B | 1.1B | 945.0M | 818.0M | 693.0M | 359.0M |
| 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 | 2.4B | 4.6B | 5.2B | 5.8B | 5.0B | 4.4B | 3.9B | 2.8B | 2.4B | 2.4B | 2.1B | 2.0B | 1.7B | 1.3B |
| Tax Refunds Received | 5.7M | 13.3M | 17.5M | 836,400 | 115,200 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 2.6B | 4.8B | 5.5B | 5.9B | 5.1B | 4.4B | 3.9B | 2.8B | 2.4B | 2.4B | 2.1B | 2.0B | 1.7B | 1.3B |
| Cash Paid For Goods | 2.1B | 4.0B | 4.7B | 5.6B | 4.7B | 3.8B | 3.8B | 2.7B | 2.3B | 2.1B | 2.0B | 1.7B | 1.5B | 1.1B |
| Cash Paid To Employees | 401.0M | 482.0M | 447.0M | 377.0M | 221.0M | 123.0M | 99.6M | 72.5M | 62.0M | 63.6M | 58.2M | 54.5M | 37.8M | 25.7M |
| Taxes Paid | 104.0M | 128.0M | 145.0M | 216.0M | 179.0M | 166.0M | 141.0M | 131.0M | 113.0M | 145.0M | 123.0M | 115.0M | 104.0M | 66.2M |
| Total Operating Cash Outflow | 2.8B | 4.7B | 5.7B | 6.4B | 5.4B | 4.3B | 4.1B | 3.0B | 2.5B | 2.3B | 2.2B | 2.0B | 1.7B | 1.2B |
| Operating Cash Flow | -208.0M | 48.5M | -211.0M | -536.0M | -302.0M | 66.0M | -246.0M | -178.0M | -112.0M | 23.0M | -129.0M | 22.7M | 57.3M | 19.6M |
| Total Investing Cash Inflow | 27.6M | 420.0M | 1.4B | 1.4B | 2.0B | 2.0B | 896.0M | 581.0M | 1.5M | 1.5M | 2.0M | 5.0M | 102.0M | 19,400 |
| Total Investing Cash Outflow | 25.7M | 381.0M | 1.5B | 1.9B | 2.0B | 2.1B | 1.1B | 698.0M | 8.2M | 1.6M | 13.3M | 69.7M | 163.0M | 98.8M |
| Investing Cash Flow | 2.0M | 38.8M | -177.0M | -428.0M | -19.1M | -131.0M | -248.0M | -116.0M | -6.6M | -52,100 | -11.3M | -64.7M | -61.7M | -98.7M |
| Cash From Borrowings | 6.1M | 2.0B | 2.4B | 2.3B | 1.4B | 1.7B | 1.6B | 1.7B | 1.2B | 580.0M | 500.0M | 332.0M | 157.0M | 72.5M |
| Dividends And Interest Paid | 69.5M | 59.8M | 59.5M | 106.0M | 85.7M | 98.6M | 104.0M | 111.0M | 30.4M | 30.6M | 25.6M | 16.3M | 7.8M | 2.8M |
| Debt Repayments | 62.1M | 2.4B | 2.3B | 1.9B | 1.2B | 1.8B | 1.2B | 1.3B | 1.0B | 550.0M | 342.0M | 150.0M | 130.0M | 6.3M |
| Total Financing Cash Inflow | 6.1M | 2.0B | 2.4B | 3.5B | 1.6B | 2.2B | 1.6B | 1.7B | 2.0B | 580.0M | 500.0M | 332.0M | 373.0M | 206.0M |
| Total Financing Cash Outflow | 141.0M | 2.6B | 2.4B | 2.2B | 1.4B | 1.9B | 1.3B | 1.4B | 1.2B | 581.0M | 368.0M | 169.0M | 139.0M | 11.5M |
| Financing Cash Flow | -135.0M | -576.0M | -62.4M | 1.3B | 146.0M | 332.0M | 246.0M | 283.0M | 856.0M | -1.4M | 132.0M | 163.0M | 234.0M | 194.0M |
| Net Change In Cash | -341.0M | -489.0M | -450.0M | 346.0M | -175.0M | 267.0M | -247.0M | -11.8M | 737.0M | 21.6M | -8.2M | 121.0M | 230.0M | 115.0M |
| Ending Cash Balance | 165.0M | 506.0M | 995.0M | 1.4B | 1.1B | 1.3B | 1.0B | 1.3B | 1.3B | 529.0M | 507.0M | 516.0M | 395.0M | 165.0M |
| Capex | 14.8M | 159.0M | 201.0M | 230.0M | 83.1M | 107.0M | 246.0M | 63.7M | 8.2M | 1.6M | 13.3M | 69.7M | 140.0M | 60.3M |