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 |
|---|---|---|---|---|---|
| Revenue | 31.6B | 25.5B | 18.9B | 13.5B | 7.6B |
| Revenue Growth % | 23.7% | 35.0% | 39.8% | 78.7% | -- |
| Total Revenue | 31.6B | 25.5B | 18.9B | 13.5B | 7.6B |
| Cost Of Revenue | 29.7B | 23.6B | 17.0B | 11.9B | 6.4B |
| Gross Profit | 1.9B | 2.0B | 1.9B | 1.6B | 1.2B |
| Gross Margin % | 6.1% | 7.7% | 9.9% | 12.0% | 15.5% |
| Total Operating Cost | 30.6B | 24.6B | 18.0B | 12.9B | 6.9B |
| Selling Expenses | 118.0M | 95.6M | 81.6M | 67.5M | 62.2M |
| Admin Expenses | 390.0M | 360.0M | 299.0M | 284.0M | 216.0M |
| Rd Expenses | 315.0M | 337.0M | 286.0M | 301.0M | 148.0M |
| Finance Expenses | 56.2M | 158.0M | 167.0M | 200.0M | 61.2M |
| Operating Income | 1.2B | 1.4B | 1.0B | 846.0M | 733.0M |
| Operating Margin % | 3.9% | 5.3% | 5.3% | 6.3% | 9.7% |
| Non Operating Income | 12.4M | 7.1M | 5.7M | 8.4M | 10.9M |
| Non Operating Expenses | 7.3M | 9.8M | 113.0M | 3.4M | 12.8M |
| Investment Income | 506.0M | 552.0M | 85.1M | 88.2M | 75.5M |
| Fair Value Change Income | -303.0M | -200.0M | 21,100 | 67.8M | -- |
| Asset Disposal Income | 473,000 | -1.1M | 1.2M | 531,200 | 19,300 |
| Asset Impairment Loss | 8.8M | 2.9M | 99.9M | 46.2M | 6.5M |
| Other Income | 29.2M | 58.5M | 31.4M | 18.7M | 9.9M |
| Income Before Tax | 1.2B | 1.4B | 894.0M | 851.0M | 731.0M |
| Income Tax | 266.0M | 426.0M | 249.0M | 206.0M | 158.0M |
| Net Income | 968.0M | 928.0M | 645.0M | 644.0M | 573.0M |
| Net Margin % | 3.1% | 3.6% | 3.4% | 4.8% | 7.6% |
| Net Income Attributable | 853.0M | 844.0M | 655.0M | 595.0M | 469.0M |
| Minority Interest | 115.0M | 83.4M | -10.7M | 49.7M | 103.0M |
| Eps Basic | 0.61 | 0.64 | 0.66 | 0.63 | 0.50 |
| Eps Diluted | 0.59 | 0.62 | 0.64 | 0.63 | 0.50 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 2.8B | 2.1B | 1.4B | 1.6B | 1.4B |
| Trading Financial Assets | -- | 185.0M | 67.8M | 67.8M | -- |
| Accounts Receivable | 1.2B | 907.0M | 663.0M | 816.0M | 532.0M |
| Notes Receivable | 2.4M | 11.5M | -- | 2.0M | -- |
| Notes And Accounts Receivable | 1.2B | 919.0M | 663.0M | 818.0M | 532.0M |
| Prepayments | 1.0B | 948.0M | 395.0M | 684.0M | 241.0M |
| Inventory | 969.0M | 852.0M | 639.0M | 284.0M | 113.0M |
| Total Current Assets | 6.7B | 5.5B | 3.6B | 3.8B | 2.7B |
| Long Term Equity Investment | 550.0M | 332.0M | 188.0M | 139.0M | 90.2M |
| Fixed Assets | -- | 7.0B | 6.1B | 5.7B | 3.8B |
| Fixed Assets Total | 7.1B | 7.0B | 6.1B | 5.7B | 3.8B |
| Construction In Progress | -- | 1.1B | 1.3B | 1.1B | 726.0M |
| Construction In Progress Total | 987.0M | 1.1B | 1.4B | 1.2B | 827.0M |
| Intangible Assets | 2.1B | 2.1B | 2.2B | 1.8B | 388.0M |
| Long Term Deferred Expenses | 135.0M | 99.6M | 82.7M | 43.0M | 32.5M |
| Total Non Current Assets | 12.6B | 12.1B | 11.2B | 10.2B | 6.1B |
| Total Assets | 19.3B | 17.6B | 14.8B | 13.9B | 8.8B |
| Short Term Borrowings | 452.0M | 1.0B | 846.0M | 264.0M | 549.0M |
| Accounts Payable | 2.2B | 1.9B | 1.4B | 1.2B | 1.1B |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 1.5B | 1.3B | 1.2B | 640.0M | 526.0M |
| Total Current Liabilities | 7.2B | 7.3B | 4.9B | 3.5B | 3.5B |
| Long Term Borrowings | 1.4B | 1.5B | 1.4B | 2.4B | 242.0M |
| Total Non Current Liabilities | 2.7B | 2.8B | 3.4B | 4.9B | 1.3B |
| Total Liabilities | 9.9B | 10.2B | 8.4B | 8.3B | 4.8B |
| Paid In Capital | 1.3B | 987.0M | 952.0M | 945.0M | 556.0M |
| Capital Reserve | 336.0M | 359.0M | 355.0M | 279.0M | 688.0M |
| Surplus Reserve | 450.0M | 379.0M | 350.0M | 303.0M | 258.0M |
| Retained Earnings | 2.3B | 2.1B | 1.8B | 1.7B | 1.4B |
| Minority Equity | 1.0B | 862.0M | 996.0M | 1.1B | 660.0M |
| Equity Attributable | 8.4B | 6.5B | 5.4B | 4.5B | 3.4B |
| Total Equity | 9.5B | 7.4B | 6.4B | 5.6B | 4.0B |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 37.5B | 27.9B | 21.8B | 15.9B | 8.4B |
| Tax Refunds Received | 50.4M | 47.5M | 141.0M | 14.9M | 7.4M |
| Total Operating Cash Inflow | 40.5B | 30.4B | 22.3B | 16.1B | 8.4B |
| Cash Paid For Goods | 35.0B | 25.9B | 19.5B | 14.4B | 6.7B |
| Cash Paid To Employees | 603.0M | 568.0M | 530.0M | 480.0M | 340.0M |
| Taxes Paid | 602.0M | 581.0M | 452.0M | 372.0M | 375.0M |
| Total Operating Cash Outflow | 38.8B | 28.7B | 21.0B | 15.7B | 7.6B |
| Operating Cash Flow | 1.8B | 1.6B | 1.3B | 390.0M | 857.0M |
| Total Investing Cash Inflow | 96.4M | 98.7M | 119.0M | 383.0M | 1.0B |
| Total Investing Cash Outflow | 902.0M | 1.1B | 1.1B | 1.8B | 1.6B |
| Investing Cash Flow | -806.0M | -1.0B | -1.0B | -1.4B | -576.0M |
| Cash From Borrowings | 3.6B | 2.8B | 4.2B | 5.5B | 2.1B |
| Dividends And Interest Paid | 905.0M | 737.0M | 729.0M | 636.0M | 434.0M |
| Debt Repayments | 5.3B | 3.0B | 4.6B | 4.2B | 1.7B |
| Total Financing Cash Inflow | 5.9B | 3.8B | 4.9B | 6.4B | 2.2B |
| Total Financing Cash Outflow | 6.2B | 3.8B | 5.4B | 5.2B | 2.1B |
| Financing Cash Flow | -241.0M | -7.8M | -440.0M | 1.2B | 103.0M |
| Net Change In Cash | 716.0M | 603.0M | -169.0M | 194.0M | 382.0M |
| Ending Cash Balance | 2.7B | 2.0B | 1.4B | 1.6B | 1.4B |
| Capex | 659.0M | 822.0M | 1.0B | 1.3B | 935.0M |