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 | 4.6B | 3.5B | 2.9B | 2.2B | 1.7B | 1.3B | 1.1B | 787.0M | 518.0M | 421.0M | 275.0M | 219.0M | 144.0M | 47.8M |
| Revenue Growth % | 30.0% | 20.7% | 31.2% | 30.8% | 27.3% | 25.0% | 36.0% | 51.9% | 23.0% | 53.1% | 25.6% | 52.1% | 201.6% | -- |
| Total Revenue | 4.6B | 3.5B | 2.9B | 2.2B | 1.7B | 1.3B | 1.1B | 787.0M | 518.0M | 421.0M | 275.0M | 219.0M | 144.0M | 47.8M |
| Cost Of Revenue | 3.3B | 2.5B | 2.1B | 1.6B | 1.2B | 867.0M | 686.0M | 517.0M | 326.0M | 267.0M | 169.0M | 142.0M | 90.3M | 32.2M |
| Gross Profit | 1.3B | 1.1B | 871.0M | 654.0M | 552.0M | 471.0M | 384.0M | 270.0M | 192.0M | 154.0M | 106.0M | 77.0M | 53.7M | 15.6M |
| Gross Margin % | 28.7% | 29.8% | 29.8% | 29.4% | 32.4% | 35.2% | 35.9% | 34.3% | 37.1% | 36.6% | 38.5% | 35.2% | 37.3% | 32.6% |
| Total Operating Cost | 4.2B | 3.2B | 2.7B | 2.0B | 1.5B | 1.2B | 979.0M | 705.0M | 447.0M | 355.0M | 232.0M | 191.0M | 117.0M | 43.0M |
| Selling Expenses | 207.0M | 174.0M | 212.0M | 174.0M | 161.0M | 153.0M | 124.0M | 92.9M | 57.0M | 38.7M | 26.9M | 19.6M | 10.3M | 3.2M |
| Admin Expenses | 198.0M | 154.0M | 115.0M | 87.4M | 77.5M | 74.1M | 68.2M | 43.0M | 48.8M | 40.1M | 27.9M | 23.0M | 14.6M | 7.1M |
| Rd Expenses | 350.0M | 263.0M | 196.0M | 150.0M | 116.0M | 88.8M | 58.1M | 33.3M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -848,800 | 6.5M | 2.4M | 26.7M | 7.5M | 479,600 | 2.5M | 3.5M | 75,700 | 418,600 | 2.7M | 2.1M | 229,400 | 164,800 |
| Operating Income | 503.0M | 396.0M | 318.0M | 218.0M | 202.0M | 175.0M | 121.0M | 101.0M | 71.3M | 66.5M | 43.2M | 27.9M | 26.8M | 4.7M |
| Operating Margin % | 11.0% | 11.2% | 10.9% | 9.8% | 11.9% | 13.1% | 11.3% | 12.8% | 13.8% | 15.8% | 15.7% | 12.7% | 18.6% | 9.9% |
| Non Operating Income | 10.2M | 8.2M | 3.1M | 2.5M | 1.9M | 2.1M | 3.0M | 4.4M | 13.2M | 11.5M | 5.7M | 4.5M | 1.6M | 274,300 |
| Non Operating Expenses | 2.7M | 2.7M | 1.6M | 1.2M | 1.1M | 572,900 | 1.9M | 2.8M | 1.4M | 444,300 | 345,800 | 90,900 | 7,100 | 94,700 |
| Investment Income | 477,400 | 2.6M | 3.9M | 160,800 | 288,800 | 51,900 | 15.0M | 3.1M | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | 213,300 | 191,700 | 451,800 | 626,100 | 170,700 | 67,900 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 2.0M | 1.1M | -43,800 | -12,200 | -17,800 | -412,200 | -352,900 | -2,400 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 53.7M | 81.3M | 21.3M | -5.2M | 9.9M | 3.0M | 30.7M | 11.4M | 11.1M | 5.5M | 3.6M | 1.9M | 584,500 | 119,300 |
| Other Income | 64.7M | 56.5M | 41.4M | 36.3M | 39.2M | 32.8M | 14.6M | 15.8M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 511.0M | 401.0M | 320.0M | 219.0M | 203.0M | 177.0M | 122.0M | 103.0M | 83.1M | 77.6M | 48.5M | 32.3M | 28.4M | 4.9M |
| Income Tax | 56.8M | 52.7M | 42.7M | 20.6M | 22.1M | 19.6M | 13.3M | 14.5M | 10.7M | 10.1M | 6.0M | -1.0M | 1.8M | 415,200 |
| Net Income | 454.0M | 349.0M | 277.0M | 199.0M | 181.0M | 157.0M | 108.0M | 88.1M | 72.3M | 67.5M | 42.5M | 33.3M | 26.6M | 4.5M |
| Net Margin % | 9.9% | 9.9% | 9.5% | 8.9% | 10.6% | 11.7% | 10.1% | 11.2% | 14.0% | 16.0% | 15.5% | 15.2% | 18.5% | 9.4% |
| Net Income Attributable | 453.0M | 344.0M | 280.0M | 205.0M | 182.0M | 160.0M | 108.0M | 85.6M | 71.8M | 67.8M | 42.5M | 33.3M | 26.7M | 4.6M |
| Minority Interest | 1.5M | 4.7M | -3.2M | -6.4M | -1.2M | -3.0M | 704,400 | 2.5M | 523,000 | -281,300 | -- | -- | -109,400 | -97,700 |
| Eps Basic | 0.61 | 0.47 | 0.50 | 0.48 | 0.57 | 0.50 | 0.52 | 0.43 | 0.49 | 1.13 | 0.71 | 0.66 | -- | -- |
| Eps Diluted | 0.61 | 0.47 | 0.49 | 0.48 | 0.56 | 0.50 | 0.51 | 0.43 | 0.49 | 1.13 | 0.71 | 0.66 | -- | -- |
| 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 | 728.0M | 940.0M | 666.0M | 574.0M | 436.0M | 452.0M | 341.0M | 481.0M | 472.0M | 88.4M | 57.3M | 50.3M | 25.2M | 6.3M |
| Trading Financial Assets | 30.2M | 50.2M | 158.0M | 240.0M | 10.2M | 20.1M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 2.4B | 1.7B | 1.5B | 1.1B | 690.0M | 622.0M | 603.0M | 448.0M | 226.0M | 163.0M | 117.0M | 101.0M | 61.6M | 11.0M |
| Notes Receivable | 43.6M | 30.3M | 22.0M | 98.8M | 89.4M | 36.7M | 109.0M | 61.6M | 39.8M | 46.8M | 17.9M | 22.7M | 4.7M | 2.6M |
| Notes And Accounts Receivable | 2.5B | 1.8B | 1.5B | 1.2B | 779.0M | 659.0M | 712.0M | 509.0M | 266.0M | 210.0M | 135.0M | 124.0M | 66.4M | 13.7M |
| Prepayments | 15.6M | 16.1M | 18.3M | 15.7M | 15.9M | 14.1M | 19.0M | 6.6M | 9.7M | 5.6M | 5.4M | 3.0M | 6.0M | 3.4M |
| Inventory | 884.0M | 673.0M | 439.0M | 400.0M | 468.0M | 315.0M | 211.0M | 155.0M | 111.0M | 76.5M | 51.7M | 39.4M | 23.6M | 13.2M |
| Total Current Assets | 4.8B | 4.2B | 3.3B | 2.7B | 2.2B | 1.7B | 1.4B | 1.2B | 870.0M | 389.0M | 255.0M | 225.0M | 125.0M | 43.3M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 294,500 | -- |
| Fixed Assets | -- | 287.0M | 268.0M | 259.0M | 259.0M | 219.0M | 68.8M | 13.7M | 12.6M | 11.3M | 6.7M | 6.2M | 3.9M | 995,800 |
| Fixed Assets Total | 626.0M | 287.0M | 268.0M | 259.0M | 259.0M | 219.0M | 68.8M | 13.7M | 12.6M | 11.3M | 6.7M | 6.2M | 3.9M | 995,800 |
| Construction In Progress | -- | 128.0M | 23.6M | 10.2M | 138,000 | 3.6M | 16.6M | 45.7M | 10.9M | 185,200 | 649,600 | -- | -- | 63,000 |
| Construction In Progress Total | 164.0M | 128.0M | 23.6M | 10.2M | 138,000 | 3.6M | 16.6M | 45.7M | 10.9M | 185,200 | 649,600 | -- | -- | 63,000 |
| Intangible Assets | 126.0M | 129.0M | 81.9M | 85.2M | 11.5M | 16.7M | 22.4M | 8.2M | 7.4M | 7.8M | 8.6M | 224,600 | 3,561 | 17,100 |
| Long Term Deferred Expenses | 20.0M | 11.7M | 10.6M | 9.3M | 9.7M | 8.0M | 2.1M | 1.3M | 1.1M | 1.5M | 1.6M | 1.8M | 2.2M | 2.5M |
| Total Non Current Assets | 1.2B | 862.0M | 770.0M | 745.0M | 618.0M | 681.0M | 750.0M | 88.0M | 47.1M | 32.9M | 28.3M | 13.9M | 10.4M | 4.4M |
| Total Assets | 6.0B | 5.1B | 4.1B | 3.5B | 2.8B | 2.3B | 2.2B | 1.3B | 918.0M | 422.0M | 284.0M | 239.0M | 136.0M | 47.7M |
| Short Term Borrowings | 312.0M | 378.0M | 505.0M | 580.0M | 479.0M | 383.0M | 403.0M | 105.0M | 34.9M | 20.0M | 28.2M | 39.2M | 32.5M | 19.7M |
| Accounts Payable | 1.3B | 947.0M | 644.0M | 445.0M | 478.0M | 406.0M | 318.0M | 196.0M | 90.1M | 87.2M | 59.2M | 52.8M | 42.1M | 5.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 39.5M | 31.7M | 24.7M | 51.5M | 16.5M | 7.0M | 1.8M | 1.8M | 2.8M |
| Contract Liabilities | 229.0M | 184.0M | 100.0M | 93.9M | 63.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.7B | 2.4B | 1.8B | 1.5B | 1.3B | 1.1B | 1.0B | 486.0M | 300.0M | 194.0M | 129.0M | 132.0M | 92.9M | 32.7M |
| Long Term Borrowings | 292.0M | 98.4M | 49.0M | -- | 48.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 395.0M | 209.0M | 155.0M | 93.5M | 84.7M | 29.3M | 33.9M | 93.0M | 17.0M | 11.7M | 6.8M | 1.8M | -- | -- |
| Total Liabilities | 3.1B | 2.6B | 1.9B | 1.6B | 1.4B | 1.1B | 1.1B | 579.0M | 317.0M | 205.0M | 136.0M | 133.0M | 92.9M | 32.7M |
| Paid In Capital | 744.0M | 568.0M | 435.0M | 334.0M | 322.0M | 215.0M | 215.0M | 203.0M | 80.0M | 60.0M | 60.0M | 60.0M | 10.7M | 10.0M |
| Capital Reserve | 567.0M | 653.0M | 680.0M | 742.0M | 450.0M | 549.0M | 543.0M | 259.0M | 298.0M | 6.8M | 6.8M | 6.8M | 741,500 | -- |
| Surplus Reserve | 156.0M | 115.0M | 86.1M | 61.0M | 48.8M | 35.0M | 23.9M | 14.1M | 6.2M | 5.4M | 2.8M | 1.2M | 2.9M | 790,500 |
| Retained Earnings | 1.4B | 1.1B | 916.0M | 721.0M | 586.0M | 467.0M | 354.0M | 268.0M | 214.0M | 143.0M | 78.1M | 37.2M | 28.5M | 3.9M |
| Minority Equity | -2.6M | -4.1M | -8.9M | -5.7M | 177,300 | 1.3M | 1.3M | 4.5M | 2.0M | 1.5M | -- | -- | -- | 392,300 |
| Equity Attributable | 2.9B | 2.5B | 2.1B | 1.9B | 1.4B | 1.2B | 1.1B | 674.0M | 598.0M | 215.0M | 148.0M | 105.0M | 42.8M | 14.6M |
| Total Equity | 2.9B | 2.5B | 2.1B | 1.9B | 1.4B | 1.2B | 1.1B | 679.0M | 600.0M | 217.0M | 148.0M | 105.0M | 42.8M | 15.0M |
| 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 | 3.9B | 2.9B | 2.4B | 2.0B | 1.4B | 1.5B | 907.0M | 558.0M | 505.0M | 354.0M | 241.0M | 149.0M | 90.9M | 42.2M |
| Tax Refunds Received | 23.4M | 19.8M | 22.9M | 14.6M | 21.5M | 15.9M | 5.2M | 15.2M | 10.8M | 10.5M | 4.5M | 5.5M | 325,100 | -- |
| Total Operating Cash Inflow | 4.0B | 3.0B | 2.5B | 2.0B | 1.5B | 1.5B | 951.0M | 598.0M | 531.0M | 380.0M | 253.0M | 157.0M | 92.1M | 42.6M |
| Cash Paid For Goods | 2.7B | 1.7B | 1.6B | 1.3B | 965.0M | 750.0M | 759.0M | 446.0M | 310.0M | 204.0M | 133.0M | 93.4M | 50.4M | 36.0M |
| Cash Paid To Employees | 679.0M | 509.0M | 392.0M | 320.0M | 252.0M | 207.0M | 139.0M | 92.7M | 69.9M | 51.2M | 36.3M | 26.6M | 15.6M | 8.4M |
| Taxes Paid | 174.0M | 153.0M | 105.0M | 82.6M | 88.4M | 102.0M | 68.7M | 39.3M | 41.3M | 37.2M | 19.7M | 13.4M | 6.8M | 2.3M |
| Total Operating Cash Outflow | 3.8B | 2.6B | 2.3B | 1.8B | 1.5B | 1.2B | 1.2B | 658.0M | 476.0M | 335.0M | 217.0M | 160.0M | 89.9M | 53.3M |
| Operating Cash Flow | 200.0M | 453.0M | 192.0M | 180.0M | 9.7M | 313.0M | -219.0M | -60.6M | 54.8M | 44.5M | 35.6M | -2.4M | 2.2M | -10.7M |
| Total Investing Cash Inflow | 276.0M | 471.0M | 814.0M | 175.0M | 40.4M | 13.1M | 396.0M | 509.0M | -- | -- | 68,000 | 500.00 | 6.0M | -- |
| Total Investing Cash Outflow | 608.0M | 564.0M | 791.0M | 493.0M | 114.0M | 80.1M | 564.0M | 543.0M | 15.3M | 5.3M | 14.8M | 6.4M | 3.3M | 7.8M |
| Investing Cash Flow | -332.0M | -93.1M | 22.8M | -318.0M | -73.4M | -67.0M | -169.0M | -34.0M | -15.3M | -5.3M | -14.7M | -6.4M | 2.7M | -7.8M |
| Cash From Borrowings | 729.0M | 593.0M | 553.0M | 578.0M | 528.0M | 416.0M | 405.0M | 105.0M | 34.9M | 20.0M | 50.0M | 45.9M | 34.5M | 23.0M |
| Dividends And Interest Paid | 131.0M | 100.0M | 75.8M | 82.3M | 68.2M | 55.1M | 23.6M | 27.3M | 1.5M | 2.1M | 2.8M | 1.8M | 195,000 | 134,400 |
| Debt Repayments | 697.0M | 571.0M | 580.0M | 529.0M | 384.0M | 437.0M | 127.0M | 34.9M | 20.0M | 28.2M | 61.0M | 39.2M | 21.7M | 3.3M |
| Total Financing Cash Inflow | 867.0M | 667.0M | 586.0M | 915.0M | 545.0M | 544.0M | 479.0M | 199.0M | 373.0M | 29.8M | 64.5M | 79.6M | 36.4M | 23.0M |
| Total Financing Cash Outflow | 998.0M | 783.0M | 714.0M | 686.0M | 516.0M | 676.0M | 244.0M | 100.0M | 45.6M | 43.4M | 71.9M | 55.6M | 26.5M | 3.9M |
| Financing Cash Flow | -131.0M | -116.0M | -128.0M | 229.0M | 29.3M | -132.0M | 235.0M | 99.2M | 328.0M | -13.6M | -7.3M | 24.0M | 9.9M | 19.1M |
| Net Change In Cash | -259.0M | 252.0M | 101.0M | 88.3M | -36.6M | 115.0M | -150.0M | 1.4M | 369.0M | 26.0M | 13.5M | 15.1M | 14.8M | 586,300 |
| Ending Cash Balance | 556.0M | 815.0M | 563.0M | 462.0M | 374.0M | 410.0M | 295.0M | 445.0M | 444.0M | 75.3M | 49.2M | 35.7M | 20.6M | 5.8M |
| Capex | 353.0M | 204.0M | 62.8M | 93.9M | 83.9M | 45.9M | 142.0M | 37.1M | 15.3M | 5.3M | 10.1M | 4.9M | 3.0M | 1.8M |