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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.7B | 5.2B | 2.6B | 4.0B | 4.7B | 5.4B | 4.3B | 3.4B | 2.6B | 1.8B | 1.3B | 867.0M |
| Revenue Growth % | 30.0% | 94.9% | -33.3% | -16.2% | -12.5% | 26.9% | 23.5% | 35.2% | 42.4% | 39.2% | 48.4% | -- |
| Total Revenue | 6.7B | 5.2B | 2.6B | 4.0B | 4.7B | 5.4B | 4.3B | 3.4B | 2.6B | 1.8B | 1.3B | 867.0M |
| Cost Of Revenue | 6.6B | 5.5B | 3.9B | 3.8B | 4.1B | 4.7B | 3.7B | 2.7B | 1.9B | 1.3B | 970.0M | 656.0M |
| Gross Profit | 118.0M | -362.0M | -1.3B | 179.0M | 658.0M | 695.0M | 602.0M | 742.0M | 652.0M | 497.0M | 317.0M | 211.0M |
| Gross Margin % | 1.8% | -7.0% | -47.5% | 4.5% | 13.9% | 12.9% | 14.1% | 21.5% | 25.6% | 27.7% | 24.6% | 24.3% |
| Total Operating Cost | 7.8B | 6.8B | 5.3B | 4.7B | 4.8B | 5.4B | 4.2B | 3.1B | 2.3B | 1.6B | 1.2B | 788.0M |
| Selling Expenses | 296.0M | 239.0M | 179.0M | 240.0M | 241.0M | 234.0M | 194.0M | 175.0M | 118.0M | 104.0M | 84.5M | 30.7M |
| Admin Expenses | 259.0M | 267.0M | 240.0M | 244.0M | 226.0M | 186.0M | 149.0M | 149.0M | 114.0M | 66.6M | 61.5M | 43.3M |
| Rd Expenses | 11.2M | 22.8M | 20.6M | 21.5M | 20.3M | 5.7M | 441,000 | -- | -- | -- | -- | -- |
| Finance Expenses | 634.0M | 593.0M | 837.0M | 352.0M | 175.0M | 224.0M | 223.0M | 79.8M | 147.0M | 130.0M | 61.4M | 33.2M |
| Operating Income | 374.0M | -1.1B | -2.3B | -131.0M | 717.0M | 543.0M | 230.0M | 414.0M | 272.0M | 198.0M | 108.0M | 78.4M |
| Operating Margin % | 5.6% | -20.9% | -88.6% | -3.3% | 15.2% | 10.0% | 5.4% | 12.0% | 10.7% | 11.0% | 8.4% | 9.0% |
| Non Operating Income | 11.9M | 5.4M | 2.3M | 8.9M | 23.8M | 42.3M | 65.8M | 33.4M | 137.0M | 87.0M | 46.6M | 37.2M |
| Non Operating Expenses | 13.9M | 28.0M | 6.0M | 5.7M | 1.0M | 1.6M | 791,500 | 845,800 | 3.1M | 264,900 | 7.7M | 94,000 |
| Investment Income | 148.0M | 1.4M | -5.5M | -- | 2.5M | 3.0M | 268,800 | -15.3M | 4.8M | -- | -- | -- |
| Fair Value Change Income | 4,500 | -6,700 | -18,200 | -- | -- | -3.6M | 3.6M | -- | -- | -- | -- | -- |
| Asset Disposal Income | 25.2M | -2.3M | 707,300 | 5.7M | 111.0M | -27.9M | 3.4M | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 1.8M | 13.5M | -- | -- | -- | -- | 15.0M | 10.3M | 2.9M | -4.3M | -1.9M | 5.4M |
| Other Income | 1.3B | 528.0M | 360.0M | 582.0M | 639.0M | 552.0M | 205.0M | 105.0M | -- | -- | -- | -- |
| Income Before Tax | 372.0M | -1.1B | -2.3B | -127.0M | 739.0M | 584.0M | 295.0M | 446.0M | 406.0M | 285.0M | 147.0M | 115.0M |
| Income Tax | 104.0M | -135.0M | -370.0M | -14.9M | 111.0M | 81.6M | 47.8M | 71.9M | 61.1M | 41.8M | 23.7M | 17.2M |
| Net Income | 268.0M | -965.0M | -2.0B | -113.0M | 629.0M | 502.0M | 247.0M | 374.0M | 345.0M | 243.0M | 123.0M | 98.3M |
| Net Margin % | 4.0% | -18.7% | -74.7% | -2.8% | 13.3% | 9.3% | 5.8% | 10.8% | 13.5% | 13.6% | 9.6% | 11.3% |
| Net Income Attributable | 268.0M | -965.0M | -2.0B | -113.0M | 629.0M | 502.0M | 247.0M | 374.0M | 346.0M | 242.0M | 124.0M | 99.5M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -- | -- | -950,200 | 1.6M | -376,500 | -1.2M |
| Eps Basic | 0.21 | -0.76 | -1.91 | -0.11 | 0.64 | 0.56 | 0.42 | 1.04 | 0.96 | 3.02 | 1.55 | 1.24 |
| Eps Diluted | 0.21 | -0.76 | -1.91 | -0.11 | 0.60 | 0.55 | 0.42 | 1.04 | 0.96 | 3.02 | 1.55 | 1.24 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.7B | 1.9B | 1.8B | 1.4B | 1.5B | 1.3B | 823.0M | 622.0M | 450.0M | 294.0M | 179.0M | 107.0M |
| Trading Financial Assets | 23,400 | 18,900 | 25,600 | -- | -- | -- | 3.5M | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.0B | 895.0M | 843.0M | 1.1B | 1.1B | 988.0M | 804.0M | 487.0M | 321.0M | 237.0M | 217.0M | 123.0M |
| Notes Receivable | 8.8M | 4.5M | 27.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 1.0B | 900.0M | 870.0M | 1.1B | 1.1B | 988.0M | 804.0M | 487.0M | 321.0M | 237.0M | 217.0M | 123.0M |
| Prepayments | 172.0M | 188.0M | 129.0M | 137.0M | 181.0M | 110.0M | 97.4M | 101.0M | 44.9M | 37.7M | 37.1M | 30.1M |
| Inventory | 236.0M | 194.0M | 172.0M | 140.0M | 113.0M | 88.8M | 73.5M | 55.8M | 39.8M | 35.1M | 31.2M | 24.4M |
| Total Current Assets | 5.2B | 4.1B | 4.1B | 3.9B | 3.8B | 3.3B | 2.5B | 1.7B | 1.2B | 821.0M | 606.0M | 397.0M |
| Long Term Equity Investment | 676,300 | 1.8M | 282,900 | 380,000 | 290,000 | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 3.0B | 2.7B | 2.1B | -- | 4.4B | 3.9B | 2.9B | 1.9B | 1.4B | 1.1B | 1.1B |
| Fixed Assets Total | 2.6B | 3.0B | 2.7B | 2.1B | 5.5B | 4.4B | 3.9B | 2.9B | 1.9B | 1.4B | 1.1B | 1.1B |
| Construction In Progress | -- | 944.0M | 1.2B | 2.0B | -- | 1.1B | 590.0M | 191.0M | 134.0M | 72.0M | 17.5M | 545,500 |
| Construction In Progress Total | 1.1B | 944.0M | 1.2B | 2.0B | 1.2B | 1.1B | 590.0M | 191.0M | 134.0M | 72.0M | 17.5M | 545,500 |
| Intangible Assets | 101.0M | 178.0M | 187.0M | 182.0M | 186.0M | 137.0M | 95.1M | 75.6M | 27.2M | 6.2M | 4.5M | 2.4M |
| Long Term Deferred Expenses | 1.0B | 955.0M | 848.0M | 838.0M | 852.0M | 873.0M | 731.0M | 549.0M | 254.0M | 157.0M | 117.0M | 76.8M |
| Total Non Current Assets | 15.5B | 14.1B | 13.4B | 12.3B | 7.7B | 6.5B | 5.3B | 3.8B | 2.4B | 1.6B | 1.2B | 1.2B |
| Total Assets | 20.7B | 18.2B | 17.5B | 16.2B | 11.5B | 9.8B | 7.8B | 5.5B | 3.6B | 2.5B | 1.8B | 1.6B |
| Short Term Borrowings | 2.6B | 2.1B | 2.2B | 2.5B | 1.3B | 865.0M | 953.0M | 490.0M | 258.0M | 180.0M | 285.0M | 175.0M |
| Accounts Payable | 657.0M | 554.0M | 542.0M | 455.0M | 449.0M | 361.0M | 249.0M | 255.0M | 209.0M | 135.0M | 165.0M | 141.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 198.0M | 146.0M | 101.0M | 109.0M | 67.5M | 48.5M | 33.2M |
| Contract Liabilities | 157.0M | 66.2M | 36.1M | 59.4M | 131.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 6.3B | 5.8B | 4.7B | 4.7B | 3.3B | 2.4B | 2.3B | 1.3B | 1.0B | 614.0M | 657.0M | 493.0M |
| Long Term Borrowings | 1.9B | 1.8B | 1.5B | 1.6B | 830.0M | 1.1B | 558.0M | 588.0M | 84.2M | 57.1M | -- | -- |
| Total Non Current Liabilities | 11.1B | 9.3B | 8.7B | 7.9B | 4.3B | 4.6B | 3.3B | 3.0B | 1.8B | 1.4B | 894.0M | 948.0M |
| Total Liabilities | 17.3B | 15.1B | 13.4B | 12.6B | 7.6B | 7.0B | 5.7B | 4.3B | 2.8B | 2.0B | 1.6B | 1.4B |
| Paid In Capital | 1.3B | 1.3B | 1.3B | 1.0B | 1.0B | 601.0M | 400.0M | 360.0M | 360.0M | 80.0M | 80.0M | 80.0M |
| Capital Reserve | 3.3B | 3.3B | 3.3B | 1.2B | 1.2B | 763.0M | 964.0M | 234.0M | 234.0M | 551,000 | 551,000 | 551,000 |
| Surplus Reserve | 172.0M | 172.0M | 172.0M | 172.0M | 184.0M | 133.0M | 87.7M | 61.1M | 20.6M | 39.7M | 18.1M | 5.6M |
| Retained Earnings | -1.3B | -1.6B | -643.0M | 1.3B | 1.6B | 1.1B | 672.0M | 495.0M | 180.0M | 329.0M | 158.0M | 47.2M |
| Minority Equity | -- | -- | -- | -- | -- | -- | -- | -- | -- | 184,300 | -1.4M | -1.0M |
| Equity Attributable | 3.4B | 3.1B | 4.1B | 3.6B | 4.0B | 2.8B | 2.1B | 1.1B | 794.0M | 449.0M | 257.0M | 133.0M |
| Total Equity | 3.4B | 3.1B | 4.1B | 3.6B | 4.0B | 2.8B | 2.1B | 1.1B | 794.0M | 450.0M | 256.0M | 132.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 7.1B | 5.7B | 2.8B | 4.1B | 4.8B | 5.6B | 4.3B | 3.6B | 2.8B | 2.0B | 1.3B | 892.0M |
| Tax Refunds Received | 104.0M | 174.0M | 252.0M | 3.5M | 29.0M | 5.9M | 4.0M | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 8.0B | 6.4B | 3.6B | 4.9B | 5.4B | 6.1B | 4.6B | 3.8B | 2.9B | 2.1B | 1.4B | 966.0M |
| Cash Paid For Goods | 4.5B | 3.7B | 2.1B | 2.3B | 3.1B | 3.8B | 2.9B | 2.1B | 1.5B | 1.0B | 776.0M | 535.0M |
| Cash Paid To Employees | 1.1B | 989.0M | 896.0M | 1.1B | 937.0M | 908.0M | 890.0M | 650.0M | 440.0M | 305.0M | 190.0M | 116.0M |
| Taxes Paid | 154.0M | 104.0M | 63.7M | 159.0M | 86.4M | 90.2M | 68.1M | 123.0M | 86.1M | 67.0M | 43.3M | 49.0M |
| Total Operating Cash Outflow | 6.2B | 5.1B | 3.3B | 4.0B | 4.4B | 5.1B | 4.1B | 3.1B | 2.2B | 1.5B | 1.1B | 812.0M |
| Operating Cash Flow | 1.8B | 1.3B | 317.0M | 915.0M | 1.0B | 1.1B | 521.0M | 685.0M | 758.0M | 601.0M | 260.0M | 154.0M |
| Total Investing Cash Inflow | 389.0M | 498,100 | 45.1M | 1.4M | 480.0M | 131.0M | 77.7M | 4.5M | 24.9M | 23.2M | 4.6M | 51,000 |
| Total Investing Cash Outflow | 298.0M | 542.0M | 352.0M | 1.8B | 786.0M | 1.1B | 1.5B | 788.0M | 579.0M | 293.0M | 135.0M | 163.0M |
| Investing Cash Flow | 90.5M | -541.0M | -307.0M | -1.8B | -306.0M | -997.0M | -1.4B | -784.0M | -554.0M | -269.0M | -131.0M | -163.0M |
| Cash From Borrowings | 3.8B | 4.1B | 3.0B | 5.0B | 2.5B | 2.8B | 1.4B | 1.0B | 375.0M | 431.0M | 355.0M | 175.0M |
| Dividends And Interest Paid | 203.0M | 204.0M | 168.0M | 189.0M | 168.0M | 154.0M | 125.0M | 54.5M | 15.3M | 48.7M | 18.8M | 8.1M |
| Debt Repayments | 3.9B | 3.1B | 3.4B | 2.9B | 2.1B | 1.7B | 722.0M | 388.0M | 214.0M | 470.0M | 245.0M | 73.9M |
| Total Financing Cash Inflow | 4.1B | 4.5B | 5.6B | 5.3B | 2.5B | 2.8B | 2.3B | 1.0B | 375.0M | 511.0M | 355.0M | 175.0M |
| Total Financing Cash Outflow | 6.3B | 5.3B | 5.3B | 4.6B | 3.0B | 2.3B | 1.3B | 756.0M | 435.0M | 680.0M | 431.0M | 184.0M |
| Financing Cash Flow | -2.2B | -736.0M | 274.0M | 791.0M | -500.0M | 476.0M | 981.0M | 277.0M | -59.6M | -169.0M | -75.3M | -9.1M |
| Net Change In Cash | -262.0M | 56.5M | 308.0M | -117.0M | 188.0M | 533.0M | 62.8M | 167.0M | 146.0M | 166.0M | 54.2M | -17.9M |
| Ending Cash Balance | 1.4B | 1.6B | 1.6B | 1.3B | 1.4B | 1.2B | 660.0M | 597.0M | 430.0M | 284.0M | 118.0M | 63.4M |
| Capex | 298.0M | 541.0M | 352.0M | 1.8B | 756.0M | 1.1B | 1.4B | 773.0M | 579.0M | 293.0M | 135.0M | 163.0M |