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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.7B | 6.6B | 6.3B | 3.2B | 2.3B | 3.2B | 3.3B | 2.8B | 2.0B |
| Revenue Growth % | 16.5% | 5.5% | 95.6% | 39.3% | -27.3% | -5.1% | 19.9% | 40.7% | -- |
| Total Revenue | 7.7B | 6.6B | 6.3B | 3.2B | 2.3B | 3.2B | 3.3B | 2.8B | 2.0B |
| Cost Of Revenue | 6.3B | 5.5B | 5.5B | 2.9B | 2.2B | 2.6B | 2.9B | 2.5B | 1.6B |
| Gross Profit | 1.4B | 1.1B | 804.0M | 349.0M | 140.0M | 523.0M | 403.0M | 323.0M | 330.0M |
| Gross Margin % | 18.3% | 16.6% | 12.8% | 10.9% | 6.1% | 16.5% | 12.1% | 11.6% | 16.7% |
| Total Operating Cost | 7.4B | 6.1B | 5.8B | 3.1B | 2.3B | 2.9B | 3.1B | 2.6B | 1.8B |
| Selling Expenses | 48.9M | 48.6M | 30.7M | 25.4M | 13.4M | 71.9M | 53.6M | 45.2M | 32.5M |
| Admin Expenses | 94.8M | 98.6M | 91.7M | 55.2M | 29.1M | 58.5M | 32.5M | 21.3M | 27.5M |
| Rd Expenses | 152.0M | 163.0M | 175.0M | 124.0M | 80.7M | 119.0M | 107.0M | 83.5M | 71.8M |
| Finance Expenses | 18.5M | 17.9M | -11.3M | -10.5M | -16.6M | 776,800 | -17,600 | 2.7M | 1.6M |
| Operating Income | 350.0M | 539.0M | 496.0M | 157.0M | 42.3M | 276.0M | 201.0M | 170.0M | 187.0M |
| Operating Margin % | 4.5% | 8.2% | 7.9% | 4.9% | 1.8% | 8.7% | 6.0% | 6.1% | 9.5% |
| Non Operating Income | 578,100 | 1.0M | 483,400 | 910,900 | 1.3M | 520,200 | 593,500 | 245,700 | 1.3M |
| Non Operating Expenses | 2.4M | 1.6M | 3.7M | 4.0M | 720,400 | 1.6M | 482,900 | 687,700 | 2.0M |
| Investment Income | 14.8M | 15.3M | -8.9M | 4.3M | 4.0M | 7.1M | 2.7M | 1.8M | 750,200 |
| Fair Value Change Income | -3.5M | -2.5M | 3.6M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -350,500 | 78,400 | 65,400 | -- | -- | -- | -- | -- | -149,300 |
| Asset Impairment Loss | 20.1M | 111,400 | 621,700 | -- | -- | -- | 6.2M | -223,600 | 325,500 |
| Other Income | 55.1M | 40.3M | 4.9M | 8.2M | 8.0M | 4.4M | 2.5M | 7.9M | -- |
| Income Before Tax | 348.0M | 539.0M | 492.0M | 154.0M | 42.9M | 275.0M | 201.0M | 170.0M | 186.0M |
| Income Tax | 38.5M | 92.1M | 68.1M | 18.2M | 12.0M | 36.3M | 24.3M | 22.6M | 25.2M |
| Net Income | 309.0M | 447.0M | 424.0M | 136.0M | 30.8M | 239.0M | 177.0M | 147.0M | 161.0M |
| Net Margin % | 4.0% | 6.8% | 6.8% | 4.2% | 1.3% | 7.6% | 5.3% | 5.3% | 8.2% |
| Net Income Attributable | 307.0M | 454.0M | 430.0M | 141.0M | 32.9M | 243.0M | 177.0M | 147.0M | 161.0M |
| Minority Interest | 2.4M | -7.2M | -5.9M | -5.5M | -2.0M | -3.6M | -183,300 | -- | -- |
| Eps Basic | 0.81 | 1.45 | 1.38 | 0.63 | 0.23 | 2.85 | 2.09 | 1.88 | 2.15 |
| Eps Diluted | 0.81 | 1.45 | 1.38 | 0.63 | 0.23 | 2.85 | 2.09 | 1.88 | 2.15 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 730.0M | 1.5B | 625.0M | 485.0M | 708.0M | 402.0M | 284.0M | 215.0M | 136.0M |
| Trading Financial Assets | 10.0M | 53.3M | 3.6M | 90.0M | 100.0M | -- | -- | -- | -- |
| Accounts Receivable | 284.0M | 185.0M | 79.8M | 6.7M | 2.9M | 25.7M | 32.3M | 795,000 | 8.6M |
| Notes Receivable | 30.1M | -- | -- | -- | 15,400 | -- | -- | 50.4M | 22.6M |
| Notes And Accounts Receivable | 314.0M | 185.0M | 79.8M | 6.7M | 2.9M | 25.7M | 32.3M | 51.2M | 31.2M |
| Prepayments | 197.0M | 112.0M | 104.0M | 58.3M | 26.2M | 36.2M | 32.0M | 24.5M | 35.9M |
| Inventory | 372.0M | 316.0M | 200.0M | 138.0M | 51.0M | 51.2M | 79.9M | 34.6M | 68.0M |
| Total Current Assets | 2.0B | 2.3B | 1.0B | 825.0M | 940.0M | 530.0M | 467.0M | 326.0M | 288.0M |
| Fixed Assets | -- | 2.1B | 1.3B | 1.3B | 292.0M | 332.0M | 374.0M | 370.0M | -- |
| Fixed Assets Total | 2.3B | 2.1B | 1.3B | 1.3B | 292.0M | 332.0M | 374.0M | 370.0M | 280.0M |
| Construction In Progress | -- | 1.2B | 837.0M | 116.0M | 865.0M | 332.0M | 62.6M | 5.3M | -- |
| Construction In Progress Total | 2.5B | 1.2B | 863.0M | 116.0M | 865.0M | 332.0M | 62.6M | 5.3M | 20.2M |
| Intangible Assets | 348.0M | 345.0M | 351.0M | 245.0M | 114.0M | 76.1M | 28.3M | 28.9M | 29.6M |
| Long Term Deferred Expenses | 55.8M | 51.6M | 70.9M | 83.5M | -- | 3.0M | 1.3M | 7.1M | 925,000 |
| Total Non Current Assets | 6.0B | 4.1B | 2.8B | 1.9B | 1.3B | 749.0M | 468.0M | 412.0M | 332.0M |
| Total Assets | 8.0B | 6.4B | 3.8B | 2.7B | 2.2B | 1.3B | 935.0M | 739.0M | 620.0M |
| Short Term Borrowings | 228.0M | 62.6M | 90.1M | 158.0M | -- | -- | -- | -- | -- |
| Accounts Payable | 861.0M | 685.0M | 320.0M | 233.0M | 99.3M | 47.6M | 73.8M | 66.2M | 60.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 33.3M | 38.1M | 52.0M | 56.3M |
| Contract Liabilities | 37.7M | 28.5M | 75.3M | 52.0M | 20.0M | -- | -- | -- | -- |
| Total Current Liabilities | 1.6B | 1.8B | 761.0M | 551.0M | 200.0M | 149.0M | 152.0M | 150.0M | 183.0M |
| Long Term Borrowings | 2.1B | 741.0M | 500.0M | -- | -- | 43.2M | -- | -- | -- |
| Total Non Current Liabilities | 2.2B | 784.0M | 529.0M | 36.6M | 14.5M | 62.8M | 22.3M | 20.3M | 18.9M |
| Total Liabilities | 3.8B | 2.6B | 1.3B | 587.0M | 215.0M | 212.0M | 174.0M | 170.0M | 201.0M |
| Paid In Capital | 384.0M | 384.0M | 228.0M | 159.0M | 113.0M | 85.0M | 85.0M | 85.0M | 75.0M |
| Capital Reserve | 1.9B | 1.9B | 1.1B | 1.1B | 1.1B | 132.0M | 132.0M | 132.0M | 91.6M |
| Surplus Reserve | 101.0M | 98.0M | 76.3M | 53.8M | 50.2M | 46.7M | 26.4M | 6.1M | 5.3M |
| Retained Earnings | 1.7B | 1.5B | 1.2B | 765.0M | 641.0M | 725.0M | 503.0M | 345.0M | 246.0M |
| Minority Equity | 106.0M | 97.9M | 98.4M | 108.0M | 93.5M | 78.3M | 14.8M | -- | -- |
| Equity Attributable | 4.0B | 3.8B | 2.5B | 2.0B | 1.9B | 989.0M | 746.0M | 569.0M | 418.0M |
| Total Equity | 4.1B | 3.9B | 2.5B | 2.1B | 2.0B | 1.1B | 761.0M | 569.0M | 418.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 8.0B | 6.7B | 6.4B | 3.6B | 2.6B | 3.3B | 3.5B | 2.7B | 1.8B |
| Tax Refunds Received | 128.0M | 105.0M | 104.0M | 74.5M | 24.5M | 7.5M | 23,600 | 4.2M | 11.1M |
| Total Operating Cash Inflow | 8.1B | 6.8B | 6.5B | 3.7B | 2.6B | 3.3B | 3.5B | 2.7B | 1.9B |
| Cash Paid For Goods | 6.7B | 5.4B | 5.3B | 3.3B | 2.4B | 2.6B | 3.0B | 2.3B | 1.6B |
| Cash Paid To Employees | 202.0M | 210.0M | 195.0M | 112.0M | 89.9M | 76.6M | 60.5M | 50.7M | 29.0M |
| Taxes Paid | 901.0M | 328.0M | 133.0M | 95.5M | 40.5M | 106.0M | 67.7M | 90.8M | 60.9M |
| Total Operating Cash Outflow | 8.0B | 6.1B | 5.8B | 3.6B | 2.6B | 3.0B | 3.3B | 2.6B | 1.8B |
| Operating Cash Flow | 154.0M | 675.0M | 712.0M | 145.0M | 70.2M | 325.0M | 171.0M | 128.0M | 98.9M |
| Total Investing Cash Inflow | 3.7B | 2.2B | 1.4B | 908.0M | 907.0M | 1.4B | 2.2B | 406.0M | 252.0M |
| Total Investing Cash Outflow | 5.7B | 3.5B | 2.3B | 1.5B | 1.5B | 1.7B | 2.3B | 448.0M | 245.0M |
| Investing Cash Flow | -2.0B | -1.3B | -928.0M | -614.0M | -630.0M | -317.0M | -123.0M | -41.8M | 6.7M |
| Cash From Borrowings | 1.6B | 828.0M | 621.0M | 158.0M | 92.3M | 43.1M | -- | 15.0M | 25.7M |
| Dividends And Interest Paid | 104.0M | 146.0M | 20.6M | 17.1M | 117.0M | 39,900 | -- | 47.1M | 1.6M |
| Debt Repayments | 584.0M | 157.0M | 190.0M | 0.00 | 135.0M | -- | -- | 15.0M | 45.6M |
| Total Financing Cash Inflow | 1.9B | 1.8B | 685.0M | 178.0M | 1.1B | 111.0M | 15.0M | 65.0M | 25.7M |
| Total Financing Cash Outflow | 870.0M | 404.0M | 229.0M | 30.6M | 274.0M | 39,900 | -- | 62.1M | 47.2M |
| Financing Cash Flow | 1.1B | 1.4B | 456.0M | 147.0M | 861.0M | 111.0M | 15.0M | 2.9M | -21.5M |
| Net Change In Cash | -772.0M | 805.0M | 249.0M | -323.0M | 300.0M | 118.0M | 62.6M | 85.9M | 85.4M |
| Ending Cash Balance | 654.0M | 1.4B | 621.0M | 372.0M | 695.0M | 395.0M | 277.0M | 214.0M | 128.0M |
| Capex | 2.1B | 1.2B | 1.1B | 536.0M | 528.0M | 324.0M | 101.0M | 53.7M | 18.9M |