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 | 1.8B | 1.6B | 1.3B | 1.9B | 1.4B | 949.0M | 1.3B | 996.0M | 753.0M | 590.0M | 519.0M | 414.0M | 330.0M |
| Revenue Growth % | 15.6% | 20.8% | -30.1% | 30.5% | 50.3% | -27.6% | 31.6% | 32.3% | 27.6% | 13.7% | 25.4% | 25.5% | -- |
| Total Revenue | 1.8B | 1.6B | 1.3B | 1.9B | 1.4B | 949.0M | 1.3B | 996.0M | 753.0M | 590.0M | 519.0M | 414.0M | 330.0M |
| Cost Of Revenue | 1.2B | 1.0B | 918.0M | 1.1B | 846.0M | 639.0M | 825.0M | 597.0M | 463.0M | 369.0M | 336.0M | 268.0M | 209.0M |
| Gross Profit | 621.0M | 563.0M | 383.0M | 712.0M | 580.0M | 310.0M | 486.0M | 399.0M | 290.0M | 221.0M | 183.0M | 146.0M | 121.0M |
| Gross Margin % | 34.2% | 35.8% | 29.4% | 38.3% | 40.7% | 32.7% | 37.1% | 40.1% | 38.5% | 37.5% | 35.3% | 35.3% | 36.7% |
| Total Operating Cost | 1.6B | 1.3B | 1.2B | 1.4B | 1.1B | 826.0M | 996.0M | 785.0M | 595.0M | 495.0M | 459.0M | 370.0M | 298.0M |
| Selling Expenses | 29.8M | 32.3M | 34.8M | 37.9M | 63.8M | 44.5M | 51.7M | 43.0M | 34.2M | 31.9M | 27.7M | 23.8M | 19.6M |
| Admin Expenses | 158.0M | 138.0M | 134.0M | 98.8M | 72.8M | 77.0M | 65.1M | 60.7M | 91.0M | 77.0M | 70.8M | 50.4M | 39.3M |
| Rd Expenses | 172.0M | 92.6M | 93.0M | 111.0M | 78.2M | 70.8M | 63.8M | 48.0M | -- | -- | -- | -- | -- |
| Finance Expenses | 26.4M | -12.7M | -39.6M | 25.8M | 31.9M | -7.3M | -20.3M | 23.1M | 222,800 | 13.4M | 20.5M | 25.7M | 28.0M |
| Operating Income | 216.0M | 286.0M | 178.0M | 439.0M | 329.0M | 133.0M | 323.0M | 222.0M | 157.0M | 99.0M | 60.6M | 44.1M | 31.6M |
| Operating Margin % | 11.9% | 18.2% | 13.7% | 23.6% | 23.1% | 14.0% | 24.6% | 22.3% | 20.8% | 16.8% | 11.7% | 10.7% | 9.6% |
| Non Operating Income | 438,700 | 139,400 | 593,800 | 90,800 | 37,700 | 45,900 | 6,700 | 346,200 | 8.5M | 6.0M | 4.7M | 6.4M | 7.0M |
| Non Operating Expenses | 1.8M | 1.6M | 2.2M | 864,800 | 100,800 | 596,000 | 1.2M | 66,300 | 732,500 | 951,000 | 847,000 | 860,100 | 3.9M |
| Investment Income | -4.2M | -1.4M | -- | 561,800 | -- | 328,700 | 885,400 | 2.0M | -884,400 | 3.5M | -- | -- | -- |
| Fair Value Change Income | -- | -- | 20.0M | -- | -- | -- | 884,800 | -- | -932,800 | 479,600 | 453,300 | -- | -- |
| Asset Disposal Income | 242,800 | 241,800 | 562,400 | -17,900 | 73,100 | -72,100 | -105,800 | -207,500 | -12,900 | -- | -- | -- | -- |
| Asset Impairment Loss | 802,900 | 680,400 | 17.0M | 171,800 | -- | -- | 2.6M | 5.9M | 3.7M | 1.1M | 2.9M | 771,400 | 2.4M |
| Other Income | 13.0M | 7.9M | 12.8M | 8.7M | 11.1M | 10.1M | 6.2M | 8.1M | -- | -- | -- | -- | -- |
| Income Before Tax | 215.0M | 285.0M | 176.0M | 438.0M | 329.0M | 132.0M | 322.0M | 222.0M | 164.0M | 104.0M | 64.5M | 49.7M | 34.7M |
| Income Tax | 12.5M | 29.2M | 10.4M | 49.3M | 39.9M | 14.3M | 46.8M | 25.9M | 26.3M | 14.8M | 8.9M | 7.9M | 3.4M |
| Net Income | 202.0M | 256.0M | 166.0M | 389.0M | 289.0M | 118.0M | 275.0M | 196.0M | 138.0M | 89.3M | 55.6M | 41.8M | 31.3M |
| Net Margin % | 11.1% | 16.3% | 12.8% | 20.9% | 20.3% | 12.4% | 21.0% | 19.7% | 18.3% | 15.1% | 10.7% | 10.1% | 9.5% |
| Net Income Attributable | 202.0M | 256.0M | 166.0M | 389.0M | 289.0M | 118.0M | 275.0M | 196.0M | 138.0M | 89.3M | 55.6M | 41.8M | 31.3M |
| Minority Interest | -31,100 | -21,800 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.47 | 0.59 | 0.41 | 0.96 | 0.71 | 0.29 | 1.08 | 0.79 | 0.59 | 1.13 | 0.74 | 0.56 | -- |
| Eps Diluted | 0.47 | 0.59 | 0.41 | 0.92 | 0.71 | 0.29 | 1.08 | 0.79 | 0.59 | 1.13 | 0.74 | 0.56 | -- |
| 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 | 547.0M | 570.0M | 1.1B | 693.0M | 785.0M | 342.0M | 361.0M | 230.0M | 78.2M | 83.8M | 129.0M | 89.2M | 123.0M |
| Trading Financial Assets | -- | -- | -- | -- | 130.0M | -- | 1.8M | -- | -- | 1.6M | 453,300 | -- | -- |
| Accounts Receivable | 588.0M | 507.0M | 352.0M | 500.0M | 458.0M | 336.0M | 416.0M | 368.0M | 260.0M | 192.0M | 175.0M | 126.0M | 114.0M |
| Notes Receivable | -- | -- | 54,700 | -- | -- | -- | 10.3M | 3.2M | 5.3M | 3.5M | 2.4M | 5.4M | 653,000 |
| Notes And Accounts Receivable | 588.0M | 507.0M | 352.0M | 500.0M | 458.0M | 336.0M | 426.0M | 372.0M | 266.0M | 196.0M | 177.0M | 131.0M | 115.0M |
| Prepayments | 19.4M | 23.6M | 13.1M | 14.9M | 20.0M | 10.9M | 9.0M | 10.8M | 2.6M | 639,500 | 3.6M | 2.5M | 3.5M |
| Inventory | 448.0M | 393.0M | 363.0M | 379.0M | 304.0M | 310.0M | 326.0M | 124.0M | 112.0M | 90.4M | 83.9M | 76.4M | 58.4M |
| Total Current Assets | 1.7B | 1.6B | 1.8B | 1.6B | 1.7B | 1.0B | 1.2B | 777.0M | 479.0M | 379.0M | 427.0M | 310.0M | 309.0M |
| Long Term Equity Investment | 20.3M | 22.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 2.7B | 2.0B | 1.2B | 778.0M | 727.0M | 713.0M | 652.0M | 419.0M | 256.0M | 257.0M | 256.0M | 209.0M |
| Fixed Assets Total | 2.9B | 2.7B | 2.0B | 1.2B | 778.0M | 727.0M | 713.0M | 652.0M | 419.0M | 256.0M | 257.0M | 256.0M | 209.0M |
| Construction In Progress | -- | 457.0M | 592.0M | 1.0B | 554.0M | 244.0M | 130.0M | 51.9M | 171.0M | 152.0M | 63.6M | 7.7M | 15.9M |
| Construction In Progress Total | 1.3B | 457.0M | 592.0M | 1.0B | 554.0M | 244.0M | 130.0M | 51.9M | 171.0M | 152.0M | 63.6M | 7.7M | 15.9M |
| Intangible Assets | 266.0M | 243.0M | 192.0M | 159.0M | 159.0M | 98.1M | 99.9M | 71.4M | 62.7M | 59.0M | 38.4M | 14.9M | 15.0M |
| Long Term Deferred Expenses | 9.4M | 9.3M | 11.6M | 7.4M | 2.7M | 3.6M | 3.8M | 1.4M | 848,700 | -- | -- | -- | -- |
| Total Non Current Assets | 4.7B | 3.6B | 3.0B | 2.4B | 1.5B | 1.1B | 958.0M | 785.0M | 664.0M | 478.0M | 372.0M | 291.0M | 243.0M |
| Total Assets | 6.4B | 5.2B | 4.8B | 4.0B | 3.2B | 2.1B | 2.1B | 1.6B | 1.1B | 857.0M | 799.0M | 601.0M | 552.0M |
| Short Term Borrowings | 555.0M | 462.0M | 597.0M | 410.0M | 335.0M | 75.1M | 144.0M | 50.0M | 188.0M | 202.0M | 365.0M | 285.0M | 311.0M |
| Accounts Payable | 409.0M | 295.0M | 156.0M | 242.0M | 129.0M | 165.0M | 187.0M | 93.6M | 105.0M | 58.5M | 45.2M | 34.9M | 37.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 225,900 | 454,800 | 195,800 | 283,000 | 150,300 | 213,700 | 12,300 | 82,300 |
| Contract Liabilities | 2.6M | 1.3M | 1.7M | 520,000 | 520,900 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.3B | 893.0M | 975.0M | 959.0M | 581.0M | 324.0M | 368.0M | 179.0M | 420.0M | 307.0M | 434.0M | 338.0M | 424.0M |
| Long Term Borrowings | 1.5B | 597.0M | 354.0M | 359.0M | 216.0M | 113.0M | 98.7M | 9.0M | 150.0M | 90.0M | -- | -- | -- |
| Total Non Current Liabilities | 2.1B | 1.3B | 1.1B | 945.0M | 775.0M | 196.0M | 190.0M | 37.4M | 172.0M | 113.0M | 18.2M | 17.2M | 19.1M |
| Total Liabilities | 3.5B | 2.2B | 2.0B | 1.9B | 1.4B | 520.0M | 558.0M | 216.0M | 591.0M | 421.0M | 452.0M | 355.0M | 443.0M |
| Paid In Capital | 431.0M | 433.0M | 434.0M | 410.0M | 411.0M | 258.0M | 258.0M | 256.0M | 79.0M | 79.0M | 79.0M | 75.0M | 50.0M |
| Capital Reserve | 904.0M | 936.0M | 974.0M | 531.0M | 542.0M | 713.0M | 690.0M | 646.0M | 183.0M | 183.0M | 183.0M | 141.0M | 10.0M |
| Surplus Reserve | 175.0M | 162.0M | 146.0M | 132.0M | 100.0M | 78.0M | 68.2M | 43.7M | 25.7M | 12.9M | 5.3M | 1.1M | 4.3M |
| Retained Earnings | 1.4B | 1.4B | 1.2B | 1.1B | 831.0M | 605.0M | 584.0M | 400.0M | 263.0M | 161.0M | 79.5M | 28.2M | 45.2M |
| Minority Equity | 19.5M | -21,800 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 2.9B | 3.0B | 2.8B | 2.1B | 1.9B | 1.6B | 1.6B | 1.3B | 551.0M | 437.0M | 347.0M | 245.0M | 109.0M |
| Total Equity | 3.0B | 3.0B | 2.8B | 2.1B | 1.9B | 1.6B | 1.6B | 1.3B | 551.0M | 437.0M | 347.0M | 245.0M | 109.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.7B | 1.4B | 1.5B | 1.9B | 1.3B | 1.1B | 1.3B | 891.0M | 673.0M | 572.0M | 471.0M | 386.0M | 296.0M |
| Tax Refunds Received | 32.7M | 9.9M | 48.1M | 45.7M | 36.7M | 34.6M | 46.9M | 31.8M | 24.5M | 31.8M | 20.4M | 20.1M | 18.5M |
| Total Operating Cash Inflow | 1.8B | 1.5B | 1.6B | 2.0B | 1.4B | 1.1B | 1.4B | 942.0M | 705.0M | 612.0M | 498.0M | 418.0M | 321.0M |
| Cash Paid For Goods | 973.0M | 810.0M | 830.0M | 1.1B | 804.0M | 526.0M | 855.0M | 593.0M | 430.0M | 344.0M | 306.0M | 264.0M | 217.0M |
| Cash Paid To Employees | 379.0M | 314.0M | 295.0M | 332.0M | 219.0M | 176.0M | 179.0M | 129.0M | 97.1M | 78.8M | 64.5M | 44.8M | 34.3M |
| Taxes Paid | 63.8M | 42.3M | 58.5M | 57.9M | 38.7M | 11.7M | 60.2M | 47.0M | 42.4M | 33.9M | 17.8M | 18.0M | 6.6M |
| Total Operating Cash Outflow | 1.5B | 1.2B | 1.2B | 1.6B | 1.2B | 794.0M | 1.2B | 834.0M | 623.0M | 501.0M | 437.0M | 366.0M | 287.0M |
| Operating Cash Flow | 255.0M | 239.0M | 351.0M | 416.0M | 251.0M | 337.0M | 168.0M | 109.0M | 82.4M | 111.0M | 61.5M | 52.1M | 33.9M |
| Total Investing Cash Inflow | 3.7M | 258,900 | 137,800 | 201.0M | 4.9M | 1.3M | 12.0M | 3.1M | 420,700 | 10.0M | 777,500 | 177,800 | 13.6M |
| Total Investing Cash Outflow | 1.0B | 669.0M | 557.0M | 912.0M | 629.0M | 213.0M | 210.0M | 168.0M | 179.0M | 119.0M | 105.0M | 67.9M | 59.2M |
| Investing Cash Flow | -1.0B | -668.0M | -557.0M | -711.0M | -624.0M | -211.0M | -198.0M | -165.0M | -179.0M | -109.0M | -104.0M | -67.7M | -45.6M |
| Cash From Borrowings | 1.8B | 891.0M | 1.1B | 945.0M | 1.2B | 236.0M | 263.0M | 235.0M | 422.0M | 627.0M | 516.0M | 359.0M | 507.0M |
| Dividends And Interest Paid | 188.0M | 82.6M | 127.0M | 115.0M | 59.0M | 98.8M | 74.1M | 48.1M | 38.7M | 19.9M | 20.3M | 27.0M | 25.7M |
| Debt Repayments | 666.0M | 873.0M | 951.0M | 555.0M | 212.0M | 244.0M | 79.2M | 610.0M | 300.0M | 680.0M | 440.0M | 439.0M | 392.0M |
| Total Financing Cash Inflow | 1.8B | 891.0M | 1.6B | 1.0B | 1.2B | 236.0M | 309.0M | 889.0M | 442.0M | 651.0M | 585.0M | 575.0M | 671.0M |
| Total Financing Cash Outflow | 996.0M | 988.0M | 1.1B | 751.0M | 395.0M | 388.0M | 153.0M | 658.0M | 339.0M | 703.0M | 482.0M | 532.0M | 679.0M |
| Financing Cash Flow | 761.0M | -97.0M | 563.0M | 254.0M | 779.0M | -152.0M | 156.0M | 231.0M | 102.0M | -51.9M | 102.0M | 42.7M | -8.4M |
| Net Change In Cash | -22.9M | -516.0M | 399.0M | -35.8M | 388.0M | -20.4M | 130.0M | 175.0M | 8.1M | -46.6M | 59.6M | 24.4M | -20.6M |
| Ending Cash Balance | 547.0M | 570.0M | 1.1B | 686.0M | 722.0M | 335.0M | 355.0M | 225.0M | 49.7M | 41.5M | 88.1M | 28.5M | 4.1M |
| Capex | 1.0B | 582.0M | 530.0M | 827.0M | 499.0M | 213.0M | 210.0M | 158.0M | 178.0M | 119.0M | 105.0M | 67.9M | 59.2M |