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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.4B | 3.1B | 2.6B | 2.1B | 1.3B | 1.1B | 886.0M | 768.0M | 622.0M | 525.0M | 385.0M |
| Revenue Growth % | 8.3% | 20.4% | 24.4% | 58.4% | 24.9% | 19.1% | 15.4% | 23.5% | 18.5% | 36.4% | -- |
| Total Revenue | 3.4B | 3.1B | 2.6B | 2.1B | 1.3B | 1.1B | 886.0M | 768.0M | 622.0M | 525.0M | 385.0M |
| Cost Of Revenue | 3.0B | 2.7B | 2.2B | 1.7B | 1.0B | 832.0M | 698.0M | 603.0M | 477.0M | 399.0M | 313.0M |
| Gross Profit | 396.0M | 401.0M | 420.0M | 390.0M | 282.0M | 223.0M | 188.0M | 165.0M | 145.0M | 126.0M | 72.0M |
| Gross Margin % | 11.7% | 12.8% | 16.2% | 18.7% | 21.4% | 21.1% | 21.2% | 21.5% | 23.3% | 24.0% | 18.7% |
| Total Operating Cost | 3.3B | 3.0B | 2.4B | 1.9B | 1.2B | 942.0M | 787.0M | 684.0M | 589.0M | 474.0M | 358.0M |
| Selling Expenses | 46.9M | 42.9M | 35.0M | 35.0M | 23.1M | 17.3M | 13.4M | 8.8M | 5.3M | 2.4M | 1.2M |
| Admin Expenses | 196.0M | 173.0M | 191.0M | 163.0M | 120.0M | 80.2M | 68.5M | 65.4M | 91.5M | 41.2M | 21.7M |
| Finance Expenses | -322,900 | -3.7M | -6.0M | -6.9M | -5.3M | 980,900 | 961,900 | -631,700 | -55,100 | 69,800 | -322,200 |
| Operating Income | 150.0M | 196.0M | 222.0M | 199.0M | 155.0M | 124.0M | 104.0M | 87.5M | 34.8M | 50.8M | 30.3M |
| Operating Margin % | 4.4% | 6.3% | 8.5% | 9.5% | 11.8% | 11.8% | 11.7% | 11.4% | 5.6% | 9.7% | 7.9% |
| Non Operating Income | 353,100 | 684,500 | 597,400 | 142,400 | 135,900 | 266,200 | 947,000 | 2.1M | 6.6M | 6.7M | 6.5M |
| Non Operating Expenses | 3.0M | 1.0M | 840,000 | 570,400 | 578,500 | 1.7M | 188,800 | 3.7M | 473,900 | 508,300 | 164,200 |
| Investment Income | 602,900 | 1.0M | -756,300 | 390,700 | 6.0M | 924,300 | -462,700 | -402,100 | 2.4M | 5.6M | 3.3M |
| Fair Value Change Income | -8.7M | 6.3M | 3.0M | 2.3M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 517,100 | 715,800 | -- | -- | -- | -- | -- | -- | -- | -5.8M | -- |
| Asset Impairment Loss | -- | -- | -- | -- | -- | -- | 762,000 | 2.7M | 2.3M | 1.0M | 1.4M |
| Other Income | 32.7M | 26.1M | 24.2M | 17.7M | 17.3M | 10.2M | 5.3M | 4.8M | -- | -- | -- |
| Income Before Tax | 148.0M | 196.0M | 222.0M | 199.0M | 155.0M | 122.0M | 104.0M | 86.0M | 41.0M | 57.0M | 36.7M |
| Income Tax | 20.5M | 26.7M | 35.5M | 32.3M | 22.9M | 17.2M | 15.8M | 14.7M | 13.3M | 10.2M | 5.6M |
| Net Income | 127.0M | 169.0M | 186.0M | 166.0M | 132.0M | 105.0M | 88.5M | 71.3M | 27.7M | 46.7M | 31.1M |
| Net Margin % | 3.7% | 5.4% | 7.2% | 8.0% | 10.0% | 10.0% | 10.0% | 9.3% | 4.4% | 8.9% | 8.1% |
| Net Income Attributable | 114.0M | 160.0M | 186.0M | 166.0M | 131.0M | 104.0M | 88.1M | 70.7M | 27.1M | 49.6M | 31.4M |
| Minority Interest | 13.5M | 8.8M | 189,500 | 310,600 | 772,300 | 639,200 | 465,300 | 680,900 | 529,400 | -2.8M | -354,700 |
| Eps Basic | 0.51 | 0.71 | 0.82 | 0.74 | 0.81 | 1.26 | 1.64 | 1.35 | 0.54 | 0.99 | 6.21 |
| Eps Diluted | 0.51 | 0.71 | 0.82 | 0.73 | 0.81 | 1.26 | 1.64 | 1.35 | 0.54 | 0.99 | 6.21 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 600.0M | 616.0M | 600.0M | 670.0M | 677.0M | 618.0M | 246.0M | 195.0M | 115.0M | 128.0M | 17.6M |
| Accounts Receivable | 766.0M | 690.0M | 481.0M | 321.0M | 203.0M | 139.0M | 69.9M | 64.9M | 48.7M | 28.8M | 16.6M |
| Notes Receivable | 174,400 | -- | -- | -- | 220,700 | -- | 150,000 | -- | -- | -- | -- |
| Notes And Accounts Receivable | 766.0M | 690.0M | 481.0M | 321.0M | 203.0M | 139.0M | 70.1M | 64.9M | 48.7M | 28.8M | 16.6M |
| Prepayments | 7.0M | 11.9M | 14.3M | 12.5M | 5.8M | 3.0M | 1.0M | 8,500 | 165,600 | 59,300 | 218,700 |
| Inventory | 7.9M | 10.5M | 3.4M | 6.7M | 2.4M | 615,800 | 412,700 | 507,700 | 271,100 | 233,800 | 544,200 |
| Total Current Assets | 1.5B | 1.5B | 1.2B | 1.1B | 974.0M | 826.0M | 358.0M | 288.0M | 208.0M | 202.0M | 149.0M |
| Long Term Equity Investment | 24.8M | 22.9M | 16.5M | -- | -- | -- | 369,600 | 669,700 | 2.3M | 1.5M | 462,500 |
| Fixed Assets | -- | 176.0M | 165.0M | 138.0M | 129.0M | 123.0M | 94.7M | -- | -- | 9.6M | 10.2M |
| Fixed Assets Total | 160.0M | 176.0M | 165.0M | 138.0M | 129.0M | 123.0M | 94.7M | 12.5M | 11.4M | 9.6M | 10.2M |
| Construction In Progress | -- | 51.0M | 21.7M | 10.9M | 6.3M | 7.4M | 9.9M | -- | -- | -- | -- |
| Construction In Progress Total | 607,400 | 51.0M | 21.7M | 10.9M | 6.3M | 7.4M | 9.9M | 963,400 | 110,700 | -- | -- |
| Intangible Assets | 95.5M | 33.1M | 5.9M | 6.8M | 5.2M | 2.4M | 1.4M | 2.0M | 2.5M | 6,205 | 60,900 |
| Long Term Deferred Expenses | 1.0M | 2.0M | 2.6M | 3.0M | 145,300 | -- | -- | -- | 164,200 | 445,600 | 727,000 |
| Total Non Current Assets | 559.0M | 568.0M | 434.0M | 320.0M | 259.0M | 169.0M | 141.0M | 96.8M | 51.1M | 41.1M | 38.2M |
| Total Assets | 2.1B | 2.1B | 1.7B | 1.5B | 1.2B | 995.0M | 498.0M | 385.0M | 259.0M | 243.0M | 187.0M |
| Short Term Borrowings | 777,000 | 4.6M | 1.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 309.0M | 270.0M | 129.0M | 96.1M | 82.5M | 36.9M | 10.2M | 12.6M | 12.2M | 5.3M | 4.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 23.4M | 21.0M | 16.8M | 19.1M | 14.7M | 18.0M |
| Contract Liabilities | 31.8M | 39.1M | 35.2M | 33.1M | 26.1M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 779.0M | 778.0M | 506.0M | 433.0M | 369.0M | 232.0M | 198.0M | 165.0M | 152.0M | 128.0M | 111.0M |
| Long Term Borrowings | 30.8M | 24.5M | 230,000 | -- | -- | -- | 31.1M | -- | -- | -- | -- |
| Total Non Current Liabilities | 58.9M | 54.0M | 33.4M | 33.7M | 10.0M | 8.5M | 31.1M | -- | -- | -- | -- |
| Total Liabilities | 838.0M | 832.0M | 539.0M | 466.0M | 379.0M | 240.0M | 229.0M | 165.0M | 152.0M | 128.0M | 111.0M |
| Paid In Capital | 226.0M | 228.0M | 229.0M | 163.0M | 107.0M | 71.6M | 53.7M | 53.7M | 50.0M | 5.0M | 5.0M |
| Capital Reserve | 368.0M | 389.0M | 414.0M | 449.0M | 462.0M | 497.0M | 80.7M | 81.1M | 12.8M | -- | -- |
| Surplus Reserve | 101.0M | 91.0M | 77.7M | 55.5M | 42.7M | 30.7M | 20.9M | 11.8M | 5.0M | 2.5M | 2.5M |
| Retained Earnings | 502.0M | 484.0M | 405.0M | 323.0M | 228.0M | 154.0M | 113.0M | 73.8M | 40.0M | 110.0M | 67.1M |
| Minority Equity | 50.8M | 26.6M | 14.1M | 13.3M | 2.9M | 1.4M | 1.2M | -370,900 | -776,900 | -1.3M | 1.6M |
| Equity Attributable | 1.2B | 1.2B | 1.1B | 974.0M | 850.0M | 754.0M | 268.0M | 220.0M | 108.0M | 117.0M | 74.0M |
| Total Equity | 1.3B | 1.2B | 1.1B | 987.0M | 853.0M | 755.0M | 269.0M | 220.0M | 107.0M | 115.0M | 75.6M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 3.6B | 3.2B | 2.6B | 2.1B | 1.4B | 1.0B | 939.0M | 795.0M | 632.0M | 516.0M | 383.0M |
| Tax Refunds Received | -- | -- | 30,200 | -- | -- | -- | -- | 904,500 | -- | -- | -- |
| Total Operating Cash Inflow | 3.6B | 3.2B | 2.7B | 2.1B | 1.4B | 1.1B | 960.0M | 822.0M | 643.0M | 562.0M | 396.0M |
| Cash Paid For Goods | 814.0M | 665.0M | 540.0M | 430.0M | 239.0M | 144.0M | 121.0M | 160.0M | 88.9M | 66.8M | 49.6M |
| Cash Paid To Employees | 2.4B | 2.1B | 1.8B | 1.4B | 853.0M | 751.0M | 621.0M | 482.0M | 411.0M | 353.0M | 260.0M |
| Taxes Paid | 189.0M | 181.0M | 160.0M | 138.0M | 81.7M | 65.5M | 62.0M | 62.1M | 43.8M | 35.0M | 28.3M |
| Total Operating Cash Outflow | 3.5B | 3.0B | 2.6B | 2.1B | 1.2B | 1.0B | 846.0M | 741.0M | 577.0M | 504.0M | 354.0M |
| Operating Cash Flow | 142.0M | 226.0M | 89.7M | 71.9M | 173.0M | 51.2M | 114.0M | 80.4M | 66.1M | 58.4M | 42.0M |
| Total Investing Cash Inflow | 2.4M | 2.8M | 1.0M | 70.8M | 566.0M | 1.4M | 2.8M | 21.0M | 272.0M | 361.0M | 33.6M |
| Total Investing Cash Outflow | 62.4M | 133.0M | 82.5M | 119.0M | 642.0M | 27.2M | 58.0M | 52.6M | 271.0M | 296.0M | 128.0M |
| Investing Cash Flow | -60.0M | -130.0M | -81.5M | -48.3M | -76.2M | -25.8M | -55.2M | -31.6M | 1.1M | 64.9M | -94.4M |
| Cash From Borrowings | 7.2M | 27.5M | 416,000 | -- | -- | -- | 43.0M | -- | -- | -- | -- |
| Dividends And Interest Paid | 69.9M | 71.0M | 82.4M | 59.5M | 44.7M | 56.0M | 42.4M | 30.3M | 88.1M | 13.8M | 5.4M |
| Debt Repayments | 4.0M | 2.5M | 57,500 | -- | -- | 37.3M | 5.7M | -- | -- | -- | -- |
| Total Financing Cash Inflow | 21.8M | 35.8M | 17.5M | 34.7M | 1.1M | 449.0M | 43.0M | 61.7M | 7.6M | -- | 1.8M |
| Total Financing Cash Outflow | 115.0M | 117.0M | 95.7M | 68.2M | 44.7M | 105.0M | 50.4M | 30.3M | 88.1M | 13.8M | 5.4M |
| Financing Cash Flow | -93.2M | -81.0M | -78.2M | -33.5M | -43.7M | 344.0M | -7.4M | 31.4M | -80.5M | -13.8M | -3.6M |
| Net Change In Cash | -10.9M | 15.3M | -70.0M | -9.9M | 53.4M | 369.0M | 50.9M | 80.2M | -13.3M | 110.0M | -56.0M |
| Ending Cash Balance | 593.0M | 604.0M | 589.0M | 659.0M | 669.0M | 616.0M | 246.0M | 195.0M | 115.0M | 128.0M | 17.6M |
| Capex | 38.4M | 68.0M | 42.0M | 33.0M | 22.1M | 27.2M | 55.5M | 51.7M | 7.6M | 5.8M | 7.0M |