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 | 2.1B | 2.9B | 1.9B | 1.4B | 927.0M | 708.0M | 409.0M | 355.0M | 294.0M | 253.0M | 271.0M | 217.0M | 150.0M |
| Revenue Growth % | -27.9% | 47.7% | 42.4% | 47.7% | 30.9% | 73.1% | 15.2% | 20.7% | 16.2% | -6.6% | 24.9% | 44.7% | -- |
| Total Revenue | 2.1B | 2.9B | 1.9B | 1.4B | 927.0M | 708.0M | 409.0M | 355.0M | 294.0M | 253.0M | 271.0M | 217.0M | 150.0M |
| Cost Of Revenue | 1.7B | 2.5B | 1.7B | 1.1B | 685.0M | 487.0M | 247.0M | 207.0M | 172.0M | 151.0M | 165.0M | 134.0M | 98.5M |
| Gross Profit | 344.0M | 421.0M | 291.0M | 295.0M | 242.0M | 221.0M | 162.0M | 148.0M | 122.0M | 102.0M | 106.0M | 83.0M | 51.5M |
| Gross Margin % | 16.6% | 14.6% | 14.9% | 21.5% | 26.1% | 31.2% | 39.6% | 41.7% | 41.5% | 40.3% | 39.1% | 38.2% | 34.3% |
| Total Operating Cost | 2.0B | 2.7B | 1.8B | 1.2B | 817.0M | 596.0M | 302.0M | 259.0M | 213.0M | 188.0M | 207.0M | 175.0M | 122.0M |
| Selling Expenses | 16.8M | 19.0M | 25.5M | 10.3M | 9.2M | 13.8M | 8.6M | 7.6M | 5.7M | 5.0M | 5.2M | 4.2M | 2.1M |
| Admin Expenses | 68.8M | 95.7M | 68.5M | 63.4M | 59.3M | 54.4M | 27.6M | 26.3M | 30.6M | 26.6M | 29.1M | 27.7M | 18.5M |
| Rd Expenses | 52.9M | 70.2M | 65.8M | 49.2M | 37.2M | 31.5M | 19.6M | 16.2M | -- | -- | -- | -- | -- |
| Finance Expenses | 28.4M | 719,900 | -2.5M | 14.9M | 11.7M | -4.2M | -4.9M | -2.2M | 499,000 | 3.2M | 4.6M | 6.0M | 1.5M |
| Operating Income | 158.0M | 240.0M | 131.0M | 163.0M | 126.0M | 227.0M | 114.0M | 102.0M | 81.0M | 64.9M | 63.4M | 41.9M | 27.8M |
| Operating Margin % | 7.6% | 8.3% | 6.7% | 11.9% | 13.6% | 32.1% | 27.9% | 28.7% | 27.5% | 25.7% | 23.4% | 19.3% | 18.6% |
| Non Operating Income | 1.2M | 2.0M | 544,800 | 3.3M | 53,100 | 705,500 | 534,900 | 4.4M | 5.5M | 3.3M | 3.8M | 2.7M | 701,200 |
| Non Operating Expenses | 1.4M | 507,100 | 990,300 | 656,600 | 1.8M | 1.4M | 120,400 | 801,100 | 124,700 | 50,500 | 240,200 | 172,200 | 222,100 |
| Investment Income | 10.6M | -3.0M | 3.8M | 7.2M | 6.3M | -81,300 | 2.4M | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | 3.2M | 231,000 | 30,400 | 469,100 | 565,000 | 2.4M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -8.7M | 133,600 | -4,000 | -91,700 | -504,700 | -895,300 | 27,000 | -133,500 | -273,300 | -- | -- | -- | -- |
| Asset Impairment Loss | 36.4M | 9.3M | 2.4M | 1.9M | -29,500 | 846,800 | 385,700 | 803,500 | 710,000 | 546,500 | 624,100 | 784,600 | 333,300 |
| Other Income | 32.1M | 37.2M | 18.0M | 11.4M | 9.6M | 114.0M | 5.2M | 6.2M | -- | -- | -- | -- | -- |
| Income Before Tax | 158.0M | 241.0M | 130.0M | 166.0M | 125.0M | 227.0M | 115.0M | 105.0M | 86.4M | 68.2M | 67.0M | 44.4M | 28.3M |
| Income Tax | 11.0M | 28.5M | 7.1M | 14.2M | 14.3M | 33.0M | 13.8M | 13.7M | 12.6M | 9.8M | 10.2M | 6.3M | 4.0M |
| Net Income | 147.0M | 213.0M | 123.0M | 151.0M | 110.0M | 194.0M | 101.0M | 91.4M | 73.7M | 58.4M | 56.8M | 38.1M | 24.4M |
| Net Margin % | 7.1% | 7.4% | 6.3% | 11.0% | 11.9% | 27.4% | 24.7% | 25.8% | 25.1% | 23.1% | 21.0% | 17.6% | 16.2% |
| Net Income Attributable | 144.0M | 202.0M | 119.0M | 144.0M | 108.0M | 131.0M | 95.4M | 89.4M | 73.7M | 58.4M | 53.9M | 36.0M | 24.4M |
| Minority Interest | 3.3M | 10.4M | 4.2M | 7.6M | 2.4M | 62.2M | 5.7M | 2.0M | -- | -- | 2.9M | 2.1M | -- |
| Eps Basic | 0.47 | 0.66 | 0.40 | 0.50 | 0.55 | 1.15 | 0.84 | 0.78 | 1.21 | 0.97 | 0.96 | 0.64 | 0.44 |
| Eps Diluted | 0.47 | 0.66 | 0.40 | 0.50 | 0.55 | 1.15 | 0.84 | 0.78 | 1.21 | 0.97 | 0.96 | 0.64 | 0.44 |
| 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 | 589.0M | 987.0M | 517.0M | 285.0M | 198.0M | 292.0M | 167.0M | 214.0M | 52.3M | 13.8M | 9.1M | 14.4M | 15.1M |
| Trading Financial Assets | 676.0M | 120.0M | 20.0M | 166.0M | 273.0M | 76.4M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 739.0M | 720.0M | 620.0M | 328.0M | 280.0M | 180.0M | 124.0M | 116.0M | 77.9M | 70.0M | 60.5M | 47.2M | 33.2M |
| Notes Receivable | 280.0M | 234.0M | 198.0M | 243.0M | 255.0M | 165.0M | 159.0M | 151.0M | 111.0M | 119.0M | 84.1M | 78.6M | 61.1M |
| Notes And Accounts Receivable | 1.0B | 954.0M | 818.0M | 571.0M | 535.0M | 345.0M | 283.0M | 267.0M | 189.0M | 189.0M | 145.0M | 126.0M | 94.2M |
| Prepayments | 4.5M | 6.0M | 13.0M | 12.9M | 8.1M | 4.4M | 5.9M | 3.4M | 1.3M | 843,900 | 871,400 | 3.2M | 5.4M |
| Inventory | 343.0M | 341.0M | 384.0M | 257.0M | 200.0M | 163.0M | 79.8M | 67.1M | 53.9M | 48.7M | 47.5M | 55.0M | 33.7M |
| Total Current Assets | 2.7B | 2.6B | 1.8B | 1.3B | 1.2B | 925.0M | 625.0M | 553.0M | 307.0M | 254.0M | 202.0M | 201.0M | 150.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | 96.4M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 431.0M | 433.0M | 371.0M | 292.0M | 292.0M | 117.0M | 98.7M | 83.3M | 84.6M | 55.4M | 56.9M | 33.7M |
| Fixed Assets Total | 508.0M | 431.0M | 433.0M | 371.0M | 292.0M | 292.0M | 118.0M | 98.7M | 83.3M | 84.6M | 55.4M | 56.9M | 33.7M |
| Construction In Progress | -- | 117.0M | 9.1M | 6.5M | 19.2M | 890,700 | 2.3M | 536,500 | 181,000 | 494,800 | 28.9M | 15.8M | 162,500 |
| Construction In Progress Total | 12,700 | 117.0M | 9.1M | 6.5M | 19.2M | 890,700 | 2.3M | 536,500 | 181,000 | 494,800 | 28.9M | 15.8M | 162,500 |
| Intangible Assets | 103.0M | 106.0M | 109.0M | 74.1M | 70.6M | 73.8M | 13.4M | 14.2M | 10.3M | 10.5M | 10.8M | 11.1M | 4.6M |
| Long Term Deferred Expenses | 8.5M | 4.0M | 4.8M | 6.7M | 8.3M | 10.1M | 1.4M | 1.5M | 88,100 | -- | -- | -- | -- |
| Total Non Current Assets | 801.0M | 785.0M | 647.0M | 566.0M | 443.0M | 440.0M | 272.0M | 259.0M | 115.0M | 127.0M | 127.0M | 118.0M | 50.3M |
| Total Assets | 3.5B | 3.4B | 2.5B | 1.9B | 1.7B | 1.4B | 896.0M | 812.0M | 421.0M | 381.0M | 330.0M | 318.0M | 200.0M |
| Short Term Borrowings | 309.0M | -- | 2.3M | -- | -- | -- | -- | 20.0M | 10.0M | 20.0M | 39.8M | 49.0M | 20.0M |
| Accounts Payable | 256.0M | 259.0M | 342.0M | 241.0M | 218.0M | 116.0M | 49.2M | 49.4M | 29.9M | 28.4M | 24.4M | 33.0M | 21.3M |
| Advance Receipts | -- | 130,000 | 350,400 | -- | -- | 4.0M | 885,200 | 289,500 | 357,800 | 51,600 | 149,800 | 119,800 | 21,900 |
| Contract Liabilities | 6.4M | 1.5M | 787,800 | 3.0M | 5.1M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.2B | 1.3B | 1.0B | 424.0M | 372.0M | 238.0M | 154.0M | 147.0M | 85.0M | 100.0M | 90.6M | 125.0M | 47.6M |
| Total Non Current Liabilities | 426.0M | 410.0M | 47.8M | 230.0M | 245.0M | 20.2M | 541,000 | 737,700 | -- | -- | -- | -- | -- |
| Total Liabilities | 1.7B | 1.7B | 1.1B | 654.0M | 617.0M | 258.0M | 155.0M | 148.0M | 85.0M | 100.0M | 90.6M | 125.0M | 47.6M |
| Paid In Capital | 309.0M | 307.0M | 307.0M | 204.0M | 199.0M | 117.0M | 117.0M | 76.0M | 60.8M | 60.8M | 56.0M | 56.0M | 56.0M |
| Capital Reserve | 390.0M | 378.0M | 422.0M | 299.0M | 227.0M | 279.0M | 268.0M | 278.0M | 64.8M | 64.8M | 44.1M | 44.1M | 38.1M |
| Surplus Reserve | 118.0M | 104.0M | 95.0M | 83.6M | 59.5M | 52.0M | 42.6M | 34.5M | 27.3M | 20.8M | 15.6M | 9.6M | 5.6M |
| Retained Earnings | 919.0M | 819.0M | 657.0M | 582.0M | 492.0M | 416.0M | 312.0M | 247.0M | 183.0M | 134.0M | 98.4M | 61.6M | 53.1M |
| Minority Equity | 40.4M | 37.1M | 40.4M | 23.9M | 13.4M | 268.0M | 31.0M | 28.9M | -- | -- | 25.1M | 22.2M | -- |
| Equity Attributable | 1.8B | 1.7B | 1.4B | 1.2B | 1.0B | 839.0M | 710.0M | 636.0M | 336.0M | 281.0M | 214.0M | 171.0M | 153.0M |
| Total Equity | 1.9B | 1.7B | 1.4B | 1.2B | 1.0B | 1.1B | 741.0M | 665.0M | 336.0M | 281.0M | 239.0M | 193.0M | 153.0M |
| 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 | 2.2B | 2.1B | 1.2B | 1.0B | 667.0M | 520.0M | 409.0M | 328.0M | 346.0M | 254.0M | 296.0M | 250.0M | 146.0M |
| Tax Refunds Received | 7.1M | 36.8M | 32.4M | 8.5M | 5.0M | 2.6M | 4.0M | 4.8M | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 2.2B | 2.3B | 1.3B | 1.1B | 692.0M | 669.0M | 423.0M | 342.0M | 352.0M | 258.0M | 300.0M | 253.0M | 147.0M |
| Cash Paid For Goods | 1.8B | 1.5B | 863.0M | 660.0M | 398.0M | 283.0M | 203.0M | 149.0M | 197.0M | 134.0M | 188.0M | 144.0M | 117.0M |
| Cash Paid To Employees | 206.0M | 166.0M | 143.0M | 159.0M | 125.0M | 95.2M | 63.4M | 54.4M | 35.8M | 31.3M | 31.1M | 27.4M | 14.9M |
| Taxes Paid | 86.3M | 80.6M | 54.8M | 55.3M | 42.8M | 61.0M | 43.6M | 38.4M | 36.3M | 29.1M | 36.9M | 18.1M | 12.5M |
| Total Operating Cash Outflow | 2.2B | 1.9B | 1.2B | 953.0M | 597.0M | 480.0M | 329.0M | 264.0M | 280.0M | 200.0M | 258.0M | 193.0M | 148.0M |
| Operating Cash Flow | 31.6M | 401.0M | 148.0M | 142.0M | 95.5M | 189.0M | 93.4M | 78.2M | 71.5M | 57.8M | 42.0M | 59.6M | -862,300 |
| Total Investing Cash Inflow | 2.9B | 162.0M | 792.0M | 1.2B | 670.0M | 508.0M | 65.7M | 10.3M | 2.1M | 189,800 | 10.8M | 3,001 | 458,900 |
| Total Investing Cash Outflow | 3.6B | 468.0M | 762.0M | 1.2B | 1.1B | 533.0M | 184.0M | 148.0M | 9.0M | 9.5M | 26.8M | 42.3M | 13.2M |
| Investing Cash Flow | -738.0M | -306.0M | 30.3M | -50.4M | -443.0M | -24.4M | -118.0M | -137.0M | -6.8M | -9.3M | -16.0M | -42.3M | -12.8M |
| Cash From Borrowings | -- | 456.0M | 65.0M | -- | 275.0M | -- | -- | 20.0M | 10.0M | 48.8M | 66.8M | 69.0M | 30.0M |
| Dividends And Interest Paid | 32.1M | 30.7M | 41.0M | 31.6M | 24.6M | 39.7M | 26.5M | 18.5M | 18.9M | 20.3M | 21.6M | 40.5M | 7.1M |
| Debt Repayments | 861.91 | 45.11 | 66.1M | 4,344 | -- | -- | 20.0M | 10.0M | 20.0M | 68.5M | 76.0M | 67.9M | 30.0M |
| Total Financing Cash Inflow | 308.0M | 465.0M | 119.0M | 17.1M | 275.0M | 5.6M | 28.2M | 248.0M | 10.0M | 48.8M | 66.8M | 86.2M | 30.0M |
| Total Financing Cash Outflow | 42.9M | 53.0M | 221.0M | 47.3M | 26.3M | 51.1M | 46.5M | 28.5M | 38.9M | 88.9M | 97.6M | 108.0M | 37.1M |
| Financing Cash Flow | 265.0M | 412.0M | -101.0M | -30.2M | 249.0M | -45.5M | -18.3M | 220.0M | -28.9M | -40.1M | -30.8M | -22.2M | -7.1M |
| Net Change In Cash | -439.0M | 506.0M | 79.8M | 60.5M | -99.6M | 120.0M | -42.7M | 160.0M | 35.7M | 8.4M | -4.8M | -4.9M | -20.7M |
| Ending Cash Balance | 395.0M | 834.0M | 327.0M | 248.0M | 187.0M | 287.0M | 167.0M | 210.0M | 49.5M | 13.8M | 5.4M | 10.2M | 15.1M |
| Capex | 81.5M | 160.0M | 122.0M | 131.0M | 61.8M | 103.0M | 32.4M | 11.4M | 9.0M | 9.5M | 16.8M | 40.6M | 13.2M |