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 | 2.0B | 1.8B | 2.0B | 1.9B | 1.8B | 1.5B | 1.1B | 669.0M | 582.0M | 402.0M | 319.0M | 254.0M | 192.0M |
| Revenue Growth % | 10.2% | -11.3% | 4.1% | 8.5% | 15.4% | 34.2% | 70.9% | 14.9% | 44.8% | 26.0% | 25.6% | 32.3% | -- |
| Total Revenue | 2.0B | 1.8B | 2.0B | 1.9B | 1.8B | 1.5B | 1.1B | 669.0M | 582.0M | 402.0M | 319.0M | 254.0M | 192.0M |
| Cost Of Revenue | 1.5B | 1.4B | 1.5B | 1.5B | 1.3B | 1.2B | 879.0M | 499.0M | 418.0M | 298.0M | 233.0M | 190.0M | 150.0M |
| Gross Profit | 419.0M | 423.0M | 486.0M | 409.0M | 448.0M | 329.0M | 264.0M | 170.0M | 164.0M | 104.0M | 86.0M | 64.0M | 42.0M |
| Gross Margin % | 21.4% | 23.8% | 24.3% | 21.3% | 25.3% | 21.4% | 23.1% | 25.4% | 28.2% | 25.9% | 27.0% | 25.2% | 21.9% |
| Total Operating Cost | 2.2B | 1.8B | 1.8B | 1.8B | 1.6B | 1.5B | 1.0B | 590.0M | 481.0M | 324.0M | 265.0M | 218.0M | 171.0M |
| Selling Expenses | 102.0M | 100.0M | 116.0M | 83.8M | 55.3M | 69.1M | 50.9M | 17.1M | 34.8M | 8.3M | 5.7M | 3.8M | 3.4M |
| Admin Expenses | 97.1M | 95.5M | 84.4M | 90.4M | 90.6M | 91.4M | 50.6M | 22.7M | 30.9M | 22.5M | 18.6M | 13.0M | 13.1M |
| Rd Expenses | 108.0M | 103.0M | 89.9M | 84.1M | 57.8M | 53.0M | 38.5M | 24.6M | -- | -- | -- | -- | -- |
| Finance Expenses | 11.0M | -6.6M | -25.4M | 1.6M | 43.3M | 2.0M | -9.3M | 12.0M | -13.9M | -9.7M | 825,700 | 4.9M | 1.3M |
| Operating Income | -171.0M | 4.6M | 109.0M | 178.0M | 167.0M | 77.3M | 113.0M | 86.9M | 101.0M | 78.2M | 53.8M | 35.6M | 21.3M |
| Operating Margin % | -8.7% | 0.3% | 5.5% | 9.3% | 9.4% | 5.0% | 9.9% | 13.0% | 17.4% | 19.4% | 16.9% | 14.0% | 11.1% |
| Non Operating Income | 235,800 | 666,500 | 806,700 | 1.3M | 640,000 | 317,600 | 102,800 | 376,600 | 7.4M | 1.2M | 677,200 | 860,000 | 459,700 |
| Non Operating Expenses | 3.9M | 345,600 | 533,600 | 2.0M | 3.8M | 982,300 | 1.5M | 565,400 | 272,100 | 1.9M | 157,600 | 154,400 | 165,500 |
| Investment Income | 14.9M | -35.8M | -54.1M | 31.3M | 1.4M | 1.4M | 2.5M | 972,600 | 272,700 | 189,500 | 30,100 | -- | -- |
| Fair Value Change Income | 6.4M | 20.7M | -29.0M | 4.0M | 4.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 1,700 | 138,900 | -110,400 | 1.8M | -6.2M | 576,900 | 131,300 | -- | 11,400 | -- | -- | -- | -- |
| Asset Impairment Loss | 266.0M | 112.0M | 27.6M | 10.2M | 23.9M | 32.2M | 20.3M | 9.1M | 5.6M | 3.4M | 4.3M | 4.7M | 1.7M |
| Other Income | 9.2M | 24.0M | 17.0M | 10.4M | 10.7M | 5.5M | 6.9M | 7.4M | -- | -- | -- | -- | -- |
| Income Before Tax | -175.0M | 5.0M | 110.0M | 177.0M | 164.0M | 76.6M | 112.0M | 86.7M | 108.0M | 77.5M | 54.3M | 36.3M | 21.6M |
| Income Tax | -49.0M | -20.3M | -4.0M | 13.0M | 28.6M | 2.4M | 15.6M | 9.0M | 18.4M | 16.8M | 11.8M | 8.2M | 4.1M |
| Net Income | -125.0M | 25.3M | 114.0M | 164.0M | 135.0M | 74.3M | 96.3M | 77.8M | 90.0M | 60.7M | 42.5M | 28.1M | 17.5M |
| Net Margin % | -6.4% | 1.4% | 5.7% | 8.5% | 7.6% | 4.8% | 8.4% | 11.6% | 15.5% | 15.1% | 13.3% | 11.1% | 9.1% |
| Net Income Attributable | -73.5M | 41.7M | 115.0M | 164.0M | 135.0M | 74.3M | 96.3M | 77.8M | 90.0M | 60.7M | 42.5M | 28.1M | 17.5M |
| Minority Interest | -52.0M | -16.5M | -1.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.25 | 0.14 | 0.40 | 0.58 | 0.53 | 0.30 | 0.39 | 0.35 | 0.84 | 0.58 | 0.46 | -- | -- |
| Eps Diluted | -0.25 | 0.14 | 0.40 | 0.57 | 0.52 | 0.30 | 0.39 | 0.35 | -- | 0.58 | 0.46 | -- | -- |
| 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 | 457.0M | 590.0M | 287.0M | 446.0M | 551.0M | 194.0M | 265.0M | 226.0M | 44.2M | 30.2M | 18.3M | 33.3M | 12.7M |
| Trading Financial Assets | 210.0M | 32.8M | 284.0M | 301.0M | 149.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 715.0M | 637.0M | 590.0M | 644.0M | 700.0M | 549.0M | 486.0M | 271.0M | 238.0M | 176.0M | 121.0M | 83.0M | 64.4M |
| Notes Receivable | 4.6M | -- | 8.0M | 3.2M | 3.4M | 4.2M | 11.8M | 4.7M | 12.9M | 321,500 | -- | -- | -- |
| Notes And Accounts Receivable | 720.0M | 637.0M | 598.0M | 647.0M | 703.0M | 554.0M | 498.0M | 275.0M | 251.0M | 177.0M | 121.0M | 83.0M | 64.4M |
| Prepayments | 5.0M | 4.3M | 3.1M | 4.7M | 5.2M | 4.2M | 4.5M | 1.8M | 3.0M | 2.0M | 1.1M | 4.2M | 4.5M |
| Inventory | 443.0M | 446.0M | 301.0M | 379.0M | 348.0M | 264.0M | 220.0M | 86.9M | 62.1M | 69.2M | 33.4M | 26.5M | 36.4M |
| Total Current Assets | 2.0B | 2.0B | 2.1B | 2.3B | 2.0B | 1.1B | 1.0B | 844.0M | 363.0M | 293.0M | 195.0M | 153.0M | 124.0M |
| Long Term Equity Investment | 288,400 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.7B | 733.0M | 666.0M | 421.0M | 401.0M | 331.0M | 144.0M | 125.0M | 119.0M | 74.6M | 54.0M | 55.7M |
| Fixed Assets Total | 1.5B | 1.7B | 733.0M | 666.0M | 421.0M | 401.0M | 332.0M | 144.0M | 125.0M | 119.0M | 74.6M | 54.0M | 55.7M |
| Construction In Progress | -- | 301.0M | 383.0M | 162.0M | 143.0M | 48.1M | 81.8M | 64.7M | 105,000 | 1.3M | 4.5M | -- | -- |
| Construction In Progress Total | 98.1M | 301.0M | 383.0M | 162.0M | 143.0M | 48.1M | 81.8M | 64.7M | 105,000 | 1.3M | 4.5M | -- | -- |
| Intangible Assets | 99.2M | 101.0M | 101.0M | 88.6M | 25.8M | 23.9M | 24.8M | 23.7M | 18.6M | 18.7M | 7.8M | 2.5M | 2.6M |
| Long Term Deferred Expenses | 4.1M | 7.3M | 11.1M | 13.6M | 9.6M | 15.1M | 11.3M | 2.3M | 2.0M | 2.2M | -- | 2.1M | 3.3M |
| Total Non Current Assets | 1.9B | 2.2B | 1.5B | 1.0B | 685.0M | 610.0M | 580.0M | 244.0M | 152.0M | 147.0M | 100.0M | 61.7M | 65.4M |
| Total Assets | 3.9B | 4.2B | 3.6B | 3.4B | 2.7B | 1.7B | 1.6B | 1.1B | 515.0M | 439.0M | 296.0M | 215.0M | 189.0M |
| Short Term Borrowings | 631.0M | 773.0M | 841.0M | 737.0M | 367.0M | 213.0M | 190.0M | -- | -- | 10.0M | 34.9M | 32.2M | 39.1M |
| Accounts Payable | 639.0M | 876.0M | 456.0M | 478.0M | 492.0M | 351.0M | 297.0M | 175.0M | 104.0M | 112.0M | 58.7M | 33.9M | 30.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 3.0M | 1.8M | 3,500 | -- | 26,300 | 8,100 | 51,400 | -- |
| Contract Liabilities | 1.1M | 895,200 | 2.0M | 985,900 | 1.4M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.6B | 1.9B | 1.5B | 1.4B | 939.0M | 672.0M | 574.0M | 196.0M | 131.0M | 142.0M | 109.0M | 79.1M | 81.8M |
| Long Term Borrowings | 315.0M | 139.0M | -- | -- | -- | 22.9M | 57.9M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 393.0M | 223.0M | 54.1M | 59.3M | 933,800 | 23.6M | 58.7M | 372,100 | -- | -- | -- | -- | -- |
| Total Liabilities | 2.0B | 2.2B | 1.5B | 1.5B | 940.0M | 696.0M | 633.0M | 196.0M | 131.0M | 142.0M | 109.0M | 79.1M | 81.8M |
| Paid In Capital | 290.0M | 290.0M | 290.0M | 288.0M | 286.0M | 248.0M | 244.0M | 144.0M | 108.0M | 108.0M | 96.2M | 75.0M | 75.0M |
| Capital Reserve | 1.0B | 1.0B | 1.0B | 1.0B | 999.0M | 422.0M | 391.0M | 491.0M | 89.5M | 89.5M | 51.1M | -- | -- |
| Surplus Reserve | 90.9M | 74.5M | 63.6M | 55.7M | 36.6M | 28.1M | 26.7M | 20.2M | 12.7M | 5.1M | 1.4M | 12.2M | 9.2M |
| Retained Earnings | 591.0M | 686.0M | 666.0M | 576.0M | 464.0M | 360.0M | 309.0M | 237.0M | 174.0M | 95.4M | 38.4M | 48.6M | 23.4M |
| Minority Equity | -62.1M | -10.1M | -1.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 2.0B | 2.1B | 2.1B | 1.9B | 1.8B | 1.0B | 971.0M | 892.0M | 384.0M | 298.0M | 187.0M | 136.0M | 108.0M |
| Total Equity | 1.9B | 2.1B | 2.1B | 1.9B | 1.8B | 1.0B | 971.0M | 892.0M | 384.0M | 298.0M | 187.0M | 136.0M | 108.0M |
| 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 | 1.9B | 1.8B | 2.1B | 2.0B | 1.6B | 1.5B | 1.1B | 645.0M | 543.0M | 370.0M | 286.0M | 239.0M | 181.0M |
| Tax Refunds Received | 72.6M | 149.0M | 94.4M | 120.0M | 97.9M | 76.0M | 58.9M | 36.7M | 27.7M | 27.9M | 14.0M | 7.2M | 3.2M |
| Total Operating Cash Inflow | 2.1B | 2.0B | 2.2B | 2.2B | 1.8B | 1.6B | 1.2B | 691.0M | 575.0M | 414.0M | 360.0M | 275.0M | 222.0M |
| Cash Paid For Goods | 1.4B | 1.2B | 1.2B | 1.4B | 1.2B | 1.1B | 842.0M | 432.0M | 382.0M | 257.0M | 172.0M | 136.0M | 111.0M |
| Cash Paid To Employees | 368.0M | 339.0M | 341.0M | 362.0M | 311.0M | 294.0M | 210.0M | 114.0M | 95.0M | 73.4M | 72.4M | 59.1M | 55.5M |
| Taxes Paid | 61.7M | 31.6M | 49.9M | 40.4M | 39.6M | 36.4M | 31.4M | 19.0M | 28.2M | 19.4M | 15.2M | 6.5M | 9.5M |
| Total Operating Cash Outflow | 2.0B | 1.8B | 1.7B | 1.9B | 1.6B | 1.5B | 1.2B | 614.0M | 540.0M | 369.0M | 337.0M | 239.0M | 222.0M |
| Operating Cash Flow | 86.6M | 255.0M | 446.0M | 253.0M | 157.0M | 97.2M | 25.5M | 76.8M | 35.6M | 45.4M | 22.9M | 35.5M | -154,400 |
| Total Investing Cash Inflow | 507.0M | 969.0M | 1.8B | 1.6B | 438.0M | 302.0M | 290.0M | 23.3M | 38.4M | 56.5M | 97,100 | 3.3M | 21.5M |
| Total Investing Cash Outflow | 716.0M | 1.1B | 2.4B | 2.3B | 896.0M | 464.0M | 534.0M | 343.0M | 48.4M | 119.0M | 45.0M | 3.5M | 31.8M |
| Investing Cash Flow | -209.0M | -100.0M | -632.0M | -778.0M | -457.0M | -162.0M | -244.0M | -319.0M | -10.1M | -62.3M | -44.9M | -239,600 | -10.3M |
| Cash From Borrowings | 1.3B | 1.5B | 1.6B | 1.3B | 508.0M | 362.0M | 273.0M | -- | 10.0M | 19.8M | 75.1M | 102.0M | 152.0M |
| Dividends And Interest Paid | 35.7M | 40.5M | 34.1M | 39.8M | 31.3M | 33.7M | 21.8M | 7.9M | 4.0M | 607,900 | 2.0M | 4.4M | 13.6M |
| Debt Repayments | 1.2B | 1.4B | 1.6B | 934.0M | 408.0M | 365.0M | -- | -- | 20.0M | 44.7M | 72.4M | 109.0M | 152.0M |
| Total Financing Cash Inflow | 1.3B | 1.5B | 1.6B | 1.4B | 1.1B | 388.0M | 273.0M | 445.0M | 10.0M | 69.8M | 81.1M | 102.0M | 152.0M |
| Total Financing Cash Outflow | 1.3B | 1.4B | 1.6B | 979.0M | 440.0M | 400.0M | 21.8M | 16.0M | 24.0M | 45.3M | 74.4M | 114.0M | 166.0M |
| Financing Cash Flow | 40.9M | 76.6M | 9.9M | 419.0M | 668.0M | -11.6M | 251.0M | 429.0M | -14.0M | 24.5M | 6.7M | -11.3M | -13.9M |
| Net Change In Cash | -70.1M | 233.0M | -164.0M | -111.0M | 360.0M | -71.3M | 34.7M | 182.0M | 14.5M | 11.4M | -15.0M | 20.2M | -24.7M |
| Ending Cash Balance | 437.0M | 507.0M | 274.0M | 439.0M | 549.0M | 189.0M | 260.0M | 226.0M | 43.8M | 29.3M | 17.9M | 32.9M | 12.6M |
| Capex | 191.0M | 619.0M | 548.0M | 405.0M | 160.0M | 95.9M | 243.0M | 82.6M | 20.8M | 54.8M | 42.2M | 3.5M | 11.8M |