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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 886.0M | 1.3B | 1.5B | 1.8B | 1.5B | 1.5B | 1.1B | 826.0M | 630.0M | 512.0M | 503.0M | 420.0M | 307.0M |
| Revenue Growth % | -32.7% | -9.4% | -20.4% | 22.1% | 1.6% | 32.5% | 34.4% | 31.1% | 23.0% | 1.8% | 19.8% | 36.8% | -- |
| Total Revenue | 886.0M | 1.3B | 1.5B | 1.8B | 1.5B | 1.5B | 1.1B | 826.0M | 630.0M | 512.0M | 503.0M | 420.0M | 307.0M |
| Cost Of Revenue | 671.0M | 928.0M | 1.0B | 1.2B | 985.0M | 945.0M | 711.0M | 542.0M | 392.0M | 300.0M | 301.0M | 257.0M | 201.0M |
| Gross Profit | 215.0M | 388.0M | 436.0M | 620.0M | 509.0M | 526.0M | 399.0M | 284.0M | 238.0M | 212.0M | 202.0M | 163.0M | 106.0M |
| Gross Margin % | 24.3% | 29.5% | 30.0% | 34.0% | 34.1% | 35.8% | 35.9% | 34.4% | 37.8% | 41.4% | 40.2% | 38.8% | 34.5% |
| Total Operating Cost | 1.3B | 1.3B | 1.3B | 2.5B | 1.2B | 1.3B | 973.0M | 724.0M | 533.0M | 439.0M | 438.0M | 357.0M | 276.0M |
| Selling Expenses | 98.4M | 139.0M | 155.0M | 181.0M | 128.0M | 208.0M | 152.0M | 119.0M | 95.2M | 94.1M | 89.3M | 68.0M | 52.5M |
| Admin Expenses | 84.1M | 55.7M | 57.1M | 57.6M | 55.7M | 51.1M | 45.3M | 33.8M | 43.2M | 38.2M | 40.4M | 28.2M | 21.0M |
| Rd Expenses | 35.9M | 59.7M | 47.0M | 51.6M | 45.9M | 37.4M | 35.8M | 26.7M | -- | -- | -- | -- | -- |
| Finance Expenses | -1.3M | 3.8M | 6.2M | 6.0M | 7.5M | 2.2M | 10.5M | -5.2M | -3.3M | -333,600 | 809,900 | 889,000 | -8,600 |
| Operating Income | -396.0M | 86.9M | 169.0M | -688.0M | 257.0M | 200.0M | 163.0M | 120.0M | 98.0M | 73.1M | 66.2M | 63.2M | 30.0M |
| Operating Margin % | -44.7% | 6.6% | 11.6% | -37.7% | 17.2% | 13.6% | 14.7% | 14.5% | 15.6% | 14.3% | 13.2% | 15.0% | 9.8% |
| Non Operating Income | 3.0M | 3.0M | 1.3M | 2.5M | 213,300 | 266,700 | 326,300 | 440,600 | 3.4M | 7.3M | 8.7M | 1.0M | 49,800 |
| Non Operating Expenses | 6.2M | 1.8M | 1.5M | 1.2M | 624,800 | 519,600 | 1.2M | 628,600 | 120,100 | 23,600 | 53,600 | 103,800 | 106,200 |
| Investment Income | 683,400 | 9.7M | 7.3M | 11.8M | 5.8M | 10.2M | 18.0M | 9.5M | -- | -- | 1.4M | 261,000 | -1.2M |
| Fair Value Change Income | 275,700 | -1.6M | -319,600 | -14.6M | -- | -18.0M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 5.4M | -30,200 | -66,200 | -303,000 | 182,500 | -- | -- | -110,600 | 1.0M | -- | -- | -- | -- |
| Asset Impairment Loss | 97.1M | 4.7M | 5.7M | 42.0M | 964,400 | 4.8M | 8.3M | 1.3M | 1.6M | 2.6M | 3.1M | 1.0M | 125,500 |
| Other Income | 10.9M | 22.2M | 22.6M | 10.4M | 5.0M | 3.4M | 7.8M | 8.4M | -- | -- | -- | -- | -- |
| Income Before Tax | -399.0M | 88.1M | 169.0M | -686.0M | 257.0M | 200.0M | 162.0M | 120.0M | 101.0M | 80.3M | 74.8M | 64.1M | 29.9M |
| Income Tax | -20.6M | 5.6M | 18.8M | 36.6M | 41.0M | 27.0M | 22.1M | 16.8M | 13.7M | 11.8M | 10.7M | 9.1M | 4.0M |
| Net Income | -378.0M | 82.4M | 150.0M | -723.0M | 216.0M | 173.0M | 140.0M | 103.0M | 87.5M | 68.5M | 64.2M | 55.0M | 26.0M |
| Net Margin % | -42.7% | 6.3% | 10.3% | -39.6% | 14.5% | 11.8% | 12.6% | 12.5% | 13.9% | 13.4% | 12.8% | 13.1% | 8.5% |
| Net Income Attributable | -375.0M | 86.0M | 154.0M | -729.0M | 197.0M | 175.0M | 142.0M | 103.0M | 87.5M | 68.5M | 64.2M | 55.0M | 26.0M |
| Minority Interest | -3.5M | -3.5M | -3.3M | 5.9M | 18.6M | -2.5M | -2.4M | 234,500 | -- | -- | -- | -- | -- |
| Eps Basic | -2.01 | 0.46 | 0.82 | -3.91 | 1.27 | 1.13 | 0.91 | 0.67 | 0.63 | 1.47 | 1.50 | -- | -- |
| Eps Diluted | -2.01 | 0.46 | 0.82 | -3.91 | 1.27 | 1.13 | 0.91 | 0.67 | 0.63 | 1.47 | 1.50 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 273.0M | 528.0M | 562.0M | 611.0M | 892.0M | 361.0M | 398.0M | 136.0M | 243.0M | 190.0M | 105.0M | 53.5M | 31.0M |
| Trading Financial Assets | 75.8M | 90.0M | 150.0M | 190.0M | 398.0M | 190.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 209.0M | 515.0M | 505.0M | 301.0M | 115.0M | 326.0M | 76.4M | 86.4M | 44.5M | 37.5M | 39.4M | 19.6M | 8.2M |
| Notes Receivable | 1.8M | 17.8M | 19.6M | 161.0M | 733.0M | 288.0M | 267.0M | 69.2M | 40.5M | 10.8M | 3.7M | 9.2M | -- |
| Notes And Accounts Receivable | 211.0M | 533.0M | 524.0M | 462.0M | 848.0M | 614.0M | 343.0M | 156.0M | 85.0M | 48.3M | 43.2M | 28.7M | 8.2M |
| Prepayments | 7.6M | 16.8M | 14.3M | 9.7M | 30.6M | 29.0M | 17.8M | 10.0M | 8.0M | 6.4M | 9.4M | 5.6M | 7.2M |
| Inventory | 113.0M | 148.0M | 163.0M | 180.0M | 281.0M | 231.0M | 159.0M | 97.9M | 47.6M | 36.1M | 31.5M | 35.3M | 33.5M |
| Total Current Assets | 713.0M | 1.4B | 1.5B | 1.6B | 2.5B | 1.4B | 1.1B | 1.0B | 393.0M | 287.0M | 193.0M | 139.0M | 93.9M |
| Long Term Equity Investment | 20.8M | 23.6M | 1.4M | 4.0M | -- | -- | -- | -- | -- | -- | -- | 568,100 | 926,000 |
| Fixed Assets | -- | 606.0M | 634.0M | 396.0M | 371.0M | 300.0M | 210.0M | 165.0M | 156.0M | 121.0M | 92.4M | 95.8M | 22.0M |
| Fixed Assets Total | 463.0M | 606.0M | 634.0M | 396.0M | 371.0M | 300.0M | 210.0M | 165.0M | 156.0M | 121.0M | 92.4M | 95.8M | 22.0M |
| Construction In Progress | -- | 10.6M | 12.6M | 133.0M | 36.9M | 30.6M | 65.2M | 2.9M | 672,000 | 9.4M | 16.5M | 3.6M | 18.6M |
| Construction In Progress Total | 60.4M | 10.6M | 12.6M | 133.0M | 36.9M | 30.6M | 65.2M | 2.9M | 672,000 | 9.4M | 16.5M | 3.6M | 18.6M |
| Intangible Assets | 177.0M | 200.0M | 203.0M | 208.0M | 187.0M | 101.0M | 104.0M | 97.0M | 67.1M | 67.5M | 68.8M | 69.6M | 31.6M |
| Long Term Deferred Expenses | 8.4M | 13.1M | 11.1M | 4.4M | 7.7M | 3.5M | 4.8M | 7.6M | 12.0M | 15.6M | 15.6M | 11.4M | 6.1M |
| Total Non Current Assets | 822.0M | 920.0M | 923.0M | 823.0M | 652.0M | 553.0M | 439.0M | 330.0M | 252.0M | 228.0M | 198.0M | 183.0M | 97.8M |
| Total Assets | 1.5B | 2.3B | 2.4B | 2.4B | 3.1B | 2.0B | 1.6B | 1.3B | 645.0M | 515.0M | 392.0M | 322.0M | 192.0M |
| Short Term Borrowings | -- | 49.5M | 40.0M | 75.0M | 39.5M | -- | -- | -- | -- | -- | 1.0M | 1.0M | -- |
| Accounts Payable | 182.0M | 263.0M | 334.0M | 343.0M | 342.0M | 296.0M | 181.0M | 160.0M | 125.0M | 84.7M | 45.2M | 71.4M | 39.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 86.3M | 75.7M | 68.7M | 57.0M | 48.0M | 35.3M | 63.6M | 47.1M |
| Contract Liabilities | 115.0M | 185.0M | 141.0M | 157.0M | 148.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 559.0M | 902.0M | 972.0M | 1.0B | 1.0B | 681.0M | 447.0M | 364.0M | 254.0M | 192.0M | 137.0M | 198.0M | 118.0M |
| Long Term Borrowings | -- | -- | 131.0M | 144.0M | 69.2M | 25.7M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 45.6M | 59.8M | 188.0M | 202.0M | 121.0M | 79.5M | 41.3M | 27.3M | 10.7M | 11.8M | 11.5M | 900,000 | 1.0M |
| Total Liabilities | 604.0M | 962.0M | 1.2B | 1.2B | 1.1B | 761.0M | 488.0M | 392.0M | 264.0M | 203.0M | 148.0M | 199.0M | 119.0M |
| Paid In Capital | 187.0M | 187.0M | 187.0M | 187.0M | 187.0M | 155.0M | 155.0M | 155.0M | 46.5M | 46.5M | 46.5M | 30.0M | 30.0M |
| Capital Reserve | 1.1B | 1.1B | 1.1B | 1.1B | 1.0B | 490.0M | 489.0M | 488.0M | 151.0M | 151.0M | 151.0M | -- | -- |
| Surplus Reserve | 88.4M | 88.4M | 79.5M | 79.5M | 79.5M | 63.9M | 46.2M | 32.3M | 21.8M | 12.7M | 5.7M | 9.7M | 4.2M |
| Retained Earnings | -350.0M | 61.4M | -15.7M | -169.0M | 606.0M | 465.0M | 339.0M | 235.0M | 161.0M | 102.0M | 40.1M | 83.3M | 38.7M |
| Minority Equity | -7.9M | -4.4M | -2.9M | -583,200 | 87.3M | 68.1M | 69.8M | 40.2M | -- | -- | -- | -- | -- |
| Equity Attributable | 939.0M | 1.4B | 1.3B | 1.2B | 1.9B | 1.2B | 1.0B | 911.0M | 381.0M | 312.0M | 243.0M | 123.0M | 72.9M |
| Total Equity | 932.0M | 1.3B | 1.3B | 1.1B | 2.0B | 1.2B | 1.1B | 951.0M | 381.0M | 312.0M | 243.0M | 123.0M | 72.9M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 978.0M | 1.5B | 1.5B | 1.4B | 1.3B | 1.4B | 1.1B | 917.0M | 678.0M | 606.0M | 535.0M | 489.0M | 384.0M |
| Total Operating Cash Inflow | 1.0B | 1.6B | 1.6B | 1.4B | 1.3B | 1.5B | 1.2B | 961.0M | 696.0M | 623.0M | 544.0M | 493.0M | 389.0M |
| Cash Paid For Goods | 734.0M | 812.0M | 760.0M | 805.0M | 628.0M | 843.0M | 717.0M | 542.0M | 354.0M | 268.0M | 307.0M | 240.0M | 201.0M |
| Cash Paid To Employees | 226.0M | 265.0M | 296.0M | 308.0M | 261.0M | 255.0M | 205.0M | 149.0M | 114.0M | 107.0M | 85.7M | 68.9M | 48.2M |
| Taxes Paid | 62.8M | 99.7M | 102.0M | 153.0M | 62.0M | 114.0M | 100.0M | 73.9M | 66.4M | 61.7M | 53.7M | 35.0M | 28.5M |
| Total Operating Cash Outflow | 1.2B | 1.4B | 1.4B | 1.7B | 1.1B | 1.4B | 1.1B | 853.0M | 598.0M | 495.0M | 507.0M | 397.0M | 322.0M |
| Operating Cash Flow | -133.0M | 197.0M | 174.0M | -321.0M | 218.0M | 101.0M | 10.3M | 107.0M | 98.6M | 128.0M | 37.9M | 96.2M | 67.1M |
| Total Investing Cash Inflow | 1.5B | 2.8B | 714.0M | 403.0M | 184.0M | 948.0M | 2.6B | 629.0M | 1,750 | 3,970 | 34.2M | 137.0M | 58.5M |
| Total Investing Cash Outflow | 1.5B | 2.9B | 832.0M | 403.0M | 505.0M | 1.1B | 2.4B | 1.3B | 27.6M | 38.9M | 68.4M | 210.0M | 112.0M |
| Investing Cash Flow | -23.4M | -97.2M | -117.0M | 650,700 | -321.0M | -129.0M | 256.0M | -688.0M | -27.6M | -38.9M | -34.2M | -73.7M | -54.0M |
| Cash From Borrowings | 1.0M | 49.5M | 40.0M | 219.0M | 103.0M | 25.7M | -- | -- | -- | -- | 20.0M | 34.0M | -- |
| Dividends And Interest Paid | 37.1M | 7.3M | 10.9M | 53.9M | 49.8M | 34.9M | 34.3M | 18.6M | 18.6M | 115,300 | 16.6M | 818,000 | -- |
| Debt Repayments | 50.5M | 171.0M | 87.8M | 109.0M | 20.3M | -- | -- | -- | -- | 1.0M | 20.0M | 33.0M | -- |
| Total Financing Cash Inflow | 1.0M | 90.2M | 41.0M | 220.0M | 695.0M | 26.5M | 33.1M | 500.0M | -- | 300,000 | 82.0M | 42.0M | 2.2M |
| Total Financing Cash Outflow | 100.0M | 183.0M | 162.0M | 187.0M | 95.3M | 41.9M | 50.4M | 31.7M | 18.6M | 1.1M | 36.6M | 41.8M | 2.2M |
| Financing Cash Flow | -99.2M | -92.5M | -121.0M | 33.6M | 600.0M | -15.4M | -17.4M | 468.0M | -18.6M | -815,300 | 45.4M | 182,000 | -- |
| Net Change In Cash | -255.0M | 7.4M | -64.1M | -287.0M | 497.0M | -44.1M | 249.0M | -112.0M | 52.4M | 88.7M | 49.1M | 22.7M | 13.1M |
| Ending Cash Balance | 233.0M | 488.0M | 481.0M | 545.0M | 832.0M | 335.0M | 379.0M | 130.0M | 243.0M | 190.0M | 101.0M | 52.3M | 29.7M |
| Capex | 80.5M | 141.0M | 158.0M | 207.0M | 94.3M | 169.0M | 158.0M | 66.0M | 27.6M | 38.9M | 45.2M | 74.9M | 45.2M |