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 | 9.2B | 8.8B | 8.2B | 6.6B | 4.2B | 3.7B | 3.2B | 2.8B | 2.3B | 1.5B | 1.1B | 1.1B |
| Revenue Growth % | 4.2% | 8.2% | 23.6% | 57.5% | 12.8% | 15.0% | 16.3% | 21.2% | 51.6% | 38.4% | -3.4% | -- |
| Total Revenue | 9.2B | 8.8B | 8.2B | 6.6B | 4.2B | 3.7B | 3.2B | 2.8B | 2.3B | 1.5B | 1.1B | 1.1B |
| Cost Of Revenue | 7.8B | 7.2B | 6.6B | 5.3B | 3.5B | 3.1B | 2.6B | 2.1B | 1.8B | 1.1B | 805.0M | 877.0M |
| Gross Profit | 1.4B | 1.6B | 1.6B | 1.3B | 719.0M | 651.0M | 647.0M | 703.0M | 535.0M | 392.0M | 288.0M | 254.0M |
| Gross Margin % | 15.7% | 17.9% | 19.1% | 20.2% | 17.1% | 17.5% | 20.0% | 25.3% | 23.3% | 25.9% | 26.3% | 22.5% |
| Total Operating Cost | 9.0B | 8.4B | 7.7B | 6.2B | 4.0B | 3.5B | 3.0B | 2.5B | 2.1B | 1.3B | 975.0M | 1.0B |
| Selling Expenses | 246.0M | 274.0M | 281.0M | 262.0M | 155.0M | 111.0M | 105.0M | 98.5M | 69.9M | 36.2M | 27.2M | 22.6M |
| Admin Expenses | 252.0M | 260.0M | 274.0M | 234.0M | 149.0M | 112.0M | 158.0M | 174.0M | 200.0M | 149.0M | 105.0M | 70.4M |
| Rd Expenses | 333.0M | 333.0M | 283.0M | 276.0M | 165.0M | 118.0M | 110.0M | 88.0M | -- | -- | -- | -- |
| Finance Expenses | 45.8M | 36.6M | 52.6M | 17.3M | -36.4M | -7.3M | 9.7M | 17.6M | 6.2M | 4.9M | 7.8M | 3.9M |
| Operating Income | 239.0M | 473.0M | 502.0M | 414.0M | 267.0M | 283.0M | 238.0M | 285.0M | 213.0M | 173.0M | 119.0M | 82.4M |
| Operating Margin % | 2.6% | 5.4% | 6.2% | 6.3% | 6.4% | 7.6% | 7.4% | 10.3% | 9.3% | 11.4% | 10.9% | 7.3% |
| Non Operating Income | 923,000 | 336,600 | 3.8M | 4.2M | 2.5M | 10.4M | 6.2M | 169,700 | 8.8M | 1.7M | 5.2M | 7.1M |
| Non Operating Expenses | 8.4M | 4.7M | 2.7M | 6.5M | 9.1M | 2.7M | 1.8M | 59,800 | 787,700 | 427,200 | 369,500 | 2.3M |
| Investment Income | -8.7M | -15.0M | 6.1M | 3.4M | 6.5M | 15.8M | 14.6M | 1,553 | -- | -- | -- | -31.1M |
| Fair Value Change Income | -210,000 | -20,800 | -542,000 | 2.9M | -1.2M | 1.4M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 880,400 | 58,400 | 24,200 | -17,000 | -94,800 | -104,000 | 399,200 | -719,200 | -- | -- | -- | -- |
| Asset Impairment Loss | 112.0M | 40.6M | 31.4M | 2.1M | 2.1M | 2.8M | 41.0M | 38.4M | 26.4M | 6.5M | 4.8M | 7.9M |
| Other Income | 17.2M | 28.9M | 9.7M | 22.2M | 19.5M | 11.2M | 13.1M | 11.7M | -- | -- | -- | -- |
| Income Before Tax | 232.0M | 469.0M | 503.0M | 412.0M | 260.0M | 291.0M | 242.0M | 285.0M | 221.0M | 174.0M | 124.0M | 87.2M |
| Income Tax | 30.8M | 68.9M | 99.4M | 65.8M | 29.5M | 45.3M | 36.1M | 45.9M | 42.6M | 28.9M | 17.1M | 18.4M |
| Net Income | 201.0M | 400.0M | 404.0M | 346.0M | 230.0M | 246.0M | 206.0M | 239.0M | 179.0M | 145.0M | 106.0M | 68.7M |
| Net Margin % | 2.2% | 4.5% | 5.0% | 5.2% | 5.5% | 6.6% | 6.4% | 8.6% | 7.8% | 9.6% | 9.7% | 6.1% |
| Net Income Attributable | 247.0M | 439.0M | 424.0M | 353.0M | 239.0M | 230.0M | 206.0M | 239.0M | 179.0M | 145.0M | 106.0M | 68.7M |
| Minority Interest | -45.7M | -38.7M | -20.1M | -6.8M | -8.3M | 15.6M | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.89 | 1.79 | 1.83 | 1.54 | 1.08 | 1.04 | 0.97 | 1.45 | 1.10 | 1.05 | 0.77 | 0.45 |
| Eps Diluted | 0.89 | 1.72 | 1.71 | 1.45 | 1.07 | 1.04 | 0.97 | 1.45 | 1.10 | 1.05 | 0.77 | 0.45 |
| 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 | 2.0B | 1.9B | 1.9B | 2.5B | 2.0B | 1.2B | 1.4B | 233.0M | 351.0M | 233.0M | 84.6M | 85.1M |
| Trading Financial Assets | 37.7M | 21.2M | 70.2M | 187.0M | 40.0M | 209.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 6.1B | 5.4B | 4.4B | 3.0B | 1.3B | 1.8B | 1.5B | 1.3B | 784.0M | 379.0M | 289.0M | 254.0M |
| Notes Receivable | 279.0M | 39.5M | 26.9M | 19.2M | 14.6M | 7.8M | 3.7M | -- | -- | -- | -- | 7.8M |
| Notes And Accounts Receivable | 6.3B | 5.4B | 4.4B | 3.0B | 1.3B | 1.8B | 1.5B | 1.3B | 784.0M | 379.0M | 289.0M | 261.0M |
| Prepayments | 191.0M | 160.0M | 117.0M | 127.0M | 87.4M | 96.1M | 15.4M | 19.3M | 15.5M | 8.4M | 21.6M | 4.9M |
| Inventory | 1.9B | 1.7B | 1.3B | 1.1B | 933.0M | 824.0M | 633.0M | 595.0M | 541.0M | 460.0M | 297.0M | 242.0M |
| Total Current Assets | 13.3B | 11.0B | 10.0B | 8.0B | 5.3B | 4.3B | 3.8B | 2.3B | 1.8B | 1.1B | 753.0M | 646.0M |
| Long Term Equity Investment | 99.4M | 103.0M | 62.1M | 53.4M | 40.5M | 48.3M | 1.4M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 776.0M | 400.0M | 186.0M | 189.0M | 202.0M | 63.8M | 62.1M | 60.5M | 52.4M | 18.1M | 23.3M |
| Fixed Assets Total | 1.1B | 776.0M | 400.0M | 186.0M | 189.0M | 202.0M | 63.8M | 62.1M | 60.5M | 52.4M | 18.1M | 23.3M |
| Construction In Progress | -- | 423.0M | 612.0M | 395.0M | 90.4M | -- | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | 287.0M | 437.0M | 619.0M | 438.0M | 90.4M | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 104.0M | 69.5M | 92.0M | 52.1M | 37.8M | 12.9M | 2.7M | 2.2M | 970,900 | 749,500 | 6,700 | 102,200 |
| Long Term Deferred Expenses | 6.2M | 6.5M | 8.1M | 5.4M | 5.5M | 559,900 | 918,000 | 1.3M | 1.7M | -- | -- | 3.5M |
| Total Non Current Assets | 4.3B | 3.9B | 2.8B | 2.2B | 1.6B | 643.0M | 137.0M | 115.0M | 104.0M | 72.9M | 31.5M | 33.9M |
| Total Assets | 17.6B | 14.9B | 12.7B | 10.2B | 6.9B | 4.9B | 3.9B | 2.4B | 1.9B | 1.2B | 784.0M | 680.0M |
| Short Term Borrowings | 2.8B | 2.0B | 1.6B | 943.0M | 255.0M | -- | -- | 152.0M | 99.7M | 20.0M | -- | -- |
| Accounts Payable | 3.8B | 4.1B | 2.5B | 1.8B | 1.1B | 987.0M | 593.0M | 540.0M | 413.0M | 187.0M | 58.7M | 82.4M |
| Advance Receipts | 33,000 | 25,200 | 27,700 | -- | 19,000 | 281.0M | 164.0M | 130.0M | 146.0M | 173.0M | 133.0M | 120.0M |
| Contract Liabilities | 411.0M | 345.0M | 242.0M | 354.0M | 262.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 10.9B | 8.8B | 7.2B | 5.2B | 2.7B | 2.0B | 1.3B | 1.2B | 949.0M | 593.0M | 349.0M | 356.0M |
| Long Term Borrowings | 46.8M | 26.0M | 10.0M | 65,700 | -- | -- | -- | 12.0M | 13.6M | 16.3M | -- | -- |
| Total Non Current Liabilities | 456.0M | 67.9M | 1.1B | 1.0B | 943.0M | 1.5M | -- | 12.0M | 13.6M | 16.3M | -- | -- |
| Total Liabilities | 11.4B | 8.9B | 8.3B | 6.2B | 3.6B | 2.0B | 1.3B | 1.2B | 963.0M | 609.0M | 349.0M | 356.0M |
| Paid In Capital | 282.0M | 280.0M | 232.0M | 229.0M | 221.0M | 221.0M | 221.0M | 166.0M | 166.0M | 138.0M | 138.0M | 138.0M |
| Capital Reserve | 3.1B | 3.1B | 1.8B | 1.7B | 1.4B | 1.4B | 1.4B | 206.0M | 206.0M | 12.7M | 12.7M | 12.7M |
| Surplus Reserve | 184.0M | 184.0M | 126.0M | 126.0M | 126.0M | 126.0M | 105.0M | 84.3M | 60.8M | 43.7M | 29.3M | 18.3M |
| Retained Earnings | 2.5B | 2.3B | 2.0B | 1.6B | 1.3B | 1.0B | 860.0M | 701.0M | 485.0M | 375.0M | 245.0M | 149.0M |
| Minority Equity | 33.3M | 83.4M | 121.0M | 117.0M | 76.9M | 70.1M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 6.2B | 5.9B | 4.3B | 3.8B | 3.2B | 2.8B | 2.6B | 1.2B | 946.0M | 590.0M | 435.0M | 324.0M |
| Total Equity | 6.2B | 6.0B | 4.5B | 3.9B | 3.3B | 2.9B | 2.6B | 1.2B | 946.0M | 590.0M | 435.0M | 324.0M |
| 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 | 10.4B | 8.1B | 7.4B | 6.2B | 4.4B | 3.7B | 3.3B | 2.4B | 2.0B | 1.5B | 1.1B | 1.2B |
| Tax Refunds Received | 2.0M | 33.9M | 49.6M | 13.2M | 130,600 | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 10.8B | 8.6B | 8.0B | 6.5B | 4.7B | 4.0B | 3.5B | 2.5B | 2.1B | 1.7B | 1.2B | 1.3B |
| Cash Paid For Goods | 8.2B | 6.4B | 5.7B | 4.5B | 3.3B | 2.6B | 1.9B | 1.5B | 1.3B | 867.0M | 650.0M | 543.0M |
| Cash Paid To Employees | 1.2B | 1.1B | 985.0M | 587.0M | 397.0M | 453.0M | 861.0M | 704.0M | 486.0M | 349.0M | 291.0M | 486.0M |
| Taxes Paid | 203.0M | 225.0M | 175.0M | 214.0M | 136.0M | 184.0M | 140.0M | 139.0M | 130.0M | 82.6M | 51.7M | 66.0M |
| Total Operating Cash Outflow | 10.5B | 8.4B | 7.6B | 6.1B | 4.4B | 3.6B | 3.3B | 2.7B | 2.2B | 1.5B | 1.1B | 1.2B |
| Operating Cash Flow | 266.0M | 193.0M | 438.0M | 385.0M | 332.0M | 470.0M | 171.0M | -188.0M | -77.1M | 140.0M | 69.3M | 12.7M |
| Total Investing Cash Inflow | 597.0M | 1.5B | 804.0M | 172.0M | 514.0M | 1.6B | 17.0M | 1.7M | 537,000 | 30.1M | 399,700 | 10.4M |
| Total Investing Cash Outflow | 1.8B | 1.9B | 2.0B | 930.0M | 1.3B | 2.2B | 192.0M | 22.5M | 39.2M | 55.0M | 9.5M | 45.1M |
| Investing Cash Flow | -1.2B | -353.0M | -1.2B | -758.0M | -787.0M | -586.0M | -175.0M | -20.8M | -38.6M | -24.9M | -9.1M | -34.7M |
| Cash From Borrowings | 3.8B | 3.1B | 2.3B | 999.0M | 500.0M | 435.0M | 1.0B | 558.0M | 352.0M | 205.0M | 128.0M | 164.0M |
| Dividends And Interest Paid | 162.0M | 129.0M | 114.0M | 57.6M | 27.0M | 35.9M | 38.1M | 16.6M | 55.9M | 3.8M | 6.8M | 13.6M |
| Debt Repayments | 3.2B | 2.7B | 1.8B | 472.0M | 250.0M | 435.0M | 1.2B | 507.0M | 291.0M | 169.0M | 184.0M | 128.0M |
| Total Financing Cash Inflow | 4.6B | 3.3B | 2.6B | 1.2B | 1.6B | 457.0M | 2.3B | 558.0M | 572.0M | 205.0M | 128.0M | 174.0M |
| Total Financing Cash Outflow | 3.7B | 3.1B | 2.2B | 561.0M | 281.0M | 499.0M | 1.3B | 524.0M | 350.0M | 172.0M | 191.0M | 275.0M |
| Financing Cash Flow | 923.0M | 189.0M | 438.0M | 681.0M | 1.3B | -41.3M | 1.0B | 34.6M | 222.0M | 32.5M | -62.8M | -101.0M |
| Net Change In Cash | -46.1M | 29.2M | -347.0M | 308.0M | 854.0M | -158.0M | 1.0B | -174.0M | 106.0M | 147.0M | -2.6M | -123.0M |
| Ending Cash Balance | 1.8B | 1.9B | 1.9B | 2.2B | 1.9B | 1.0B | 1.2B | 161.0M | 335.0M | 229.0M | 81.8M | 84.3M |
| Capex | 376.0M | 216.0M | 411.0M | 369.0M | 109.0M | 183.0M | 20.6M | 22.5M | 12.6M | 45.0M | 5.6M | 11.0M |