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 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.1B | 2.0B | 1.9B | 1.6B | 1.1B | 899.0M | 559.0M | 310.0M | 171.0M | 153.0M | 120.0M | 93.7M | 101.0M | 76.5M |
| Revenue Growth % | 4.8% | 6.5% | 22.7% | 37.7% | 26.4% | 60.8% | 80.3% | 81.3% | 11.8% | 27.5% | 28.0% | -7.2% | 31.9% | -- |
| Total Revenue | 2.1B | 2.0B | 1.9B | 1.6B | 1.1B | 899.0M | 559.0M | 310.0M | 171.0M | 153.0M | 120.0M | 93.7M | 101.0M | 76.5M |
| Cost Of Revenue | 732.0M | 682.0M | 737.0M | 546.0M | 414.0M | 319.0M | 198.0M | 97.4M | 52.7M | 50.4M | 35.3M | 22.0M | 31.4M | 17.1M |
| Gross Profit | 1.4B | 1.4B | 1.2B | 1.0B | 722.0M | 580.0M | 361.0M | 212.6M | 118.3M | 102.6M | 84.7M | 71.7M | 69.6M | 59.5M |
| Gross Margin % | 65.8% | 66.6% | 61.6% | 65.1% | 63.6% | 64.5% | 64.6% | 68.6% | 69.2% | 67.1% | 70.6% | 76.5% | 68.9% | 77.7% |
| Total Operating Cost | 1.8B | 1.7B | 1.7B | 1.3B | 976.0M | 775.0M | 470.0M | 258.0M | 138.0M | 118.0M | 88.8M | 66.4M | 76.9M | 53.2M |
| Selling Expenses | 337.0M | 326.0M | 281.0M | 253.0M | 173.0M | 152.0M | 85.5M | 55.2M | 27.8M | 23.9M | 18.7M | 13.5M | 13.9M | 11.1M |
| Admin Expenses | 300.0M | 295.0M | 255.0M | 238.0M | 162.0M | 132.0M | 84.0M | 46.4M | 50.9M | 40.3M | 33.5M | 28.1M | 28.8M | 20.9M |
| Rd Expenses | 363.0M | 369.0M | 346.0M | 241.0M | 167.0M | 132.0M | 86.6M | 48.7M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 7.7M | -10.6M | -2.8M | -369,300 | 3.0M | 3.4M | 86,500 | -1.3M | -741,700 | -289,100 | -496,600 | -214,700 | -173,600 | -92,100 |
| Operating Income | 376.0M | 397.0M | 308.0M | 284.0M | 209.0M | 142.0M | 106.0M | 63.4M | 33.9M | 35.7M | 31.5M | 27.4M | 23.9M | 23.2M |
| Operating Margin % | 17.6% | 19.4% | 16.1% | 18.2% | 18.4% | 15.8% | 19.0% | 20.5% | 19.8% | 23.3% | 26.2% | 29.2% | 23.6% | 30.4% |
| Non Operating Income | 1.6M | 120,100 | 188,100 | 266,400 | 1.6M | 47,300 | 1,300 | 223,200 | 9.4M | 6.8M | 4.8M | 5.3M | 10.6M | 4.1M |
| Non Operating Expenses | 1.0M | 899,200 | 654,700 | 476,900 | 433,300 | 113,200 | 94,100 | 143,300 | 2,200 | 18,100 | 78,700 | 18,800 | 13,400 | 12,100 |
| Investment Income | 15.8M | 4.2M | -2.3M | 4.4M | 9.2M | 3.2M | 5.4M | 4.0M | 288,300 | 398,000 | 229,300 | -- | -- | 105,400 |
| Fair Value Change Income | 2.1M | 1.5M | 84,900 | 20,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -209,600 |
| Asset Disposal Income | 302,500 | 736,600 | 359,800 | -57,800 | -44,900 | 200.00 | 300.00 | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 1.4M | 1.6M | -- | -- | -- | -- | 8.8M | 6.6M | 4.6M | 2.0M | 356,600 | 1.8M | 558,200 | 2.0M |
| Other Income | 34.4M | 45.6M | 50.2M | 32.6M | 39.5M | 14.5M | 11.5M | 7.2M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 377.0M | 396.0M | 308.0M | 284.0M | 210.0M | 142.0M | 106.0M | 63.5M | 43.3M | 42.5M | 36.2M | 32.7M | 34.5M | 27.3M |
| Income Tax | 30.2M | 24.1M | 16.1M | 29.5M | 30.5M | 10.2M | 7.9M | 6.6M | 5.7M | 5.0M | 4.3M | 3.9M | 3.5M | 3.8M |
| Net Income | 347.0M | 372.0M | 291.0M | 254.0M | 179.0M | 132.0M | 97.8M | 56.9M | 37.6M | 37.5M | 31.9M | 28.8M | 30.9M | 23.5M |
| Net Margin % | 16.2% | 18.2% | 15.2% | 16.2% | 15.8% | 14.7% | 17.5% | 18.4% | 22.0% | 24.5% | 26.6% | 30.7% | 30.6% | 30.7% |
| Net Income Attributable | 302.0M | 327.0M | 254.0M | 229.0M | 162.0M | 107.0M | 85.3M | 54.7M | 38.3M | 36.7M | 31.2M | 27.8M | 30.9M | 23.5M |
| Minority Interest | 44.3M | 45.3M | 37.1M | 25.1M | 17.5M | 24.7M | 12.5M | 2.2M | -673,300 | 808,800 | 695,700 | 1.0M | 6,300 | -- |
| Eps Basic | 0.41 | 0.44 | 0.35 | 0.39 | 0.41 | 0.42 | 0.46 | 0.45 | 0.66 | 0.72 | 0.61 | 0.54 | 0.62 | 1.65 |
| Eps Diluted | 0.40 | 0.43 | 0.35 | 0.38 | 0.41 | 0.41 | 0.46 | 0.44 | 0.66 | 0.72 | 0.61 | 0.54 | 0.62 | 1.65 |
| 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 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.3B | 1.4B | 1.0B | 848.0M | 949.0M | 611.0M | 287.0M | 303.0M | 260.0M | 89.8M | 60.0M | 65.0M | 70.1M | 75.1M |
| Trading Financial Assets | 126.0M | 333.0M | 100.0M | 70.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 937.0M | 886.0M | 815.0M | 570.0M | 447.0M | 300.0M | 207.0M | 108.0M | 47.7M | 32.7M | 37.2M | 25.9M | 21.5M | 23.3M |
| Notes Receivable | -- | 680,200 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 937.0M | 886.0M | 815.0M | 570.0M | 447.0M | 300.0M | 207.0M | 108.0M | 47.7M | 32.7M | 37.2M | 25.9M | 21.5M | 23.3M |
| Prepayments | 12.5M | 19.2M | 13.4M | 11.6M | 13.2M | 12.9M | 6.2M | 5.9M | 3.8M | 6.5M | 4.1M | 4.1M | 1.6M | 1.6M |
| Inventory | 164.0M | 153.0M | 92.9M | 113.0M | 41.9M | 31.6M | 30.2M | 13.1M | 7.1M | 9.3M | 6.0M | 7.0M | 1.1M | 791,100 |
| Total Current Assets | 2.8B | 2.9B | 2.1B | 1.7B | 1.5B | 1.3B | 550.0M | 525.0M | 323.0M | 141.0M | 109.0M | 104.0M | 96.9M | 105.0M |
| Long Term Equity Investment | 238.0M | 155.0M | 103.0M | 76.7M | 57.0M | 47.7M | 54.1M | 29.1M | 2.2M | 1.9M | 2.4M | -- | -- | -- |
| Fixed Assets | -- | 181.0M | 169.0M | 174.0M | 178.0M | 137.0M | 147.0M | 143.0M | 121.0M | 118.0M | 2.7M | 3.7M | 4.1M | 3.7M |
| Fixed Assets Total | 586.0M | 181.0M | 169.0M | 174.0M | 178.0M | 137.0M | 147.0M | 143.0M | 121.0M | 118.0M | 2.7M | 3.7M | 4.1M | 3.7M |
| Construction In Progress | -- | 486.0M | 360.0M | 132.0M | 3.6M | -- | -- | -- | -- | -- | 122.0M | 76.6M | 48.4M | 11.0M |
| Construction In Progress Total | 166.0M | 486.0M | 360.0M | 132.0M | 3.6M | -- | -- | -- | -- | -- | 122.0M | 76.6M | 48.4M | 11.0M |
| Intangible Assets | 71.4M | 74.5M | 67.1M | 71.6M | 57.7M | 33.4M | 37.0M | 21.6M | 6.2M | 6.3M | 6.4M | 6.5M | 6.4M | -- |
| Long Term Deferred Expenses | 8.9M | 10.7M | 11.3M | 7.7M | 5.9M | 3.7M | 3.6M | 1.4M | -- | -- | -- | -- | -- | 295,300 |
| Total Non Current Assets | 1.7B | 1.4B | 1.2B | 855.0M | 640.0M | 544.0M | 518.0M | 279.0M | 158.0M | 138.0M | 136.0M | 89.4M | 61.2M | 17.4M |
| Total Assets | 4.6B | 4.3B | 3.2B | 2.5B | 2.1B | 1.8B | 1.1B | 805.0M | 480.0M | 279.0M | 245.0M | 194.0M | 158.0M | 123.0M |
| Short Term Borrowings | 70.5M | -- | 4.2M | 42.0M | 168.0M | 105.0M | -- | -- | 1.0M | 3.0M | -- | -- | -- | -- |
| Accounts Payable | 255.0M | 255.0M | 274.0M | 210.0M | 146.0M | 79.0M | 50.3M | 29.5M | 15.4M | 14.4M | 23.7M | 8.8M | 5.5M | 2.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 39.0M | 70.3M | 13.3M | 8.0M | 12.0M | 11.5M | 8.5M | 843,800 | 533,500 |
| Contract Liabilities | 168.0M | 162.0M | 157.0M | 122.0M | 79.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 890.0M | 793.0M | 716.0M | 637.0M | 581.0M | 454.0M | 309.0M | 244.0M | 50.8M | 48.8M | 51.6M | 32.1M | 21.8M | 15.5M |
| Long Term Borrowings | 299.0M | 199.0M | 68.7M | -- | 28.6M | 35.3M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 439.0M | 359.0M | 105.0M | 31.4M | 33.9M | 41.4M | 88.0M | 53.4M | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 1.3B | 1.2B | 820.0M | 669.0M | 615.0M | 496.0M | 397.0M | 298.0M | 50.8M | 48.8M | 51.6M | 32.1M | 21.8M | 15.5M |
| Paid In Capital | 758.0M | 752.0M | 613.0M | 400.0M | 281.0M | 214.0M | 130.0M | 72.0M | 68.1M | 51.0M | 51.0M | 51.0M | 51.0M | 16.6M |
| Capital Reserve | 626.0M | 653.0M | 589.0M | 592.0M | 605.0M | 679.0M | 273.0M | 325.0M | 195.0M | 41.1M | 42.0M | 42.0M | 42.0M | 46.0M |
| Surplus Reserve | 129.0M | 111.0M | 88.1M | 68.6M | 41.8M | 29.1M | 24.3M | 19.0M | 13.9M | 11.1M | 7.5M | 4.1M | 1.5M | 3.8M |
| Retained Earnings | 1.2B | 1.1B | 818.0M | 624.0M | 456.0M | 332.0M | 260.0M | 195.0M | 146.0M | 124.0M | 90.6M | 62.8M | 41.4M | 40.8M |
| Minority Equity | 594.0M | 567.0M | 319.0M | 260.0M | 143.0M | 98.3M | 62.4M | 25.7M | 7.4M | 3.0M | 2.2M | 1.5M | 496,300 | -- |
| Equity Attributable | 2.6B | 2.6B | 2.1B | 1.6B | 1.4B | 1.2B | 610.0M | 481.0M | 422.0M | 227.0M | 191.0M | 160.0M | 136.0M | 107.0M |
| Total Equity | 3.2B | 3.1B | 2.4B | 1.9B | 1.5B | 1.3B | 672.0M | 507.0M | 430.0M | 230.0M | 193.0M | 161.0M | 136.0M | 107.0M |
| 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 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 2.2B | 2.1B | 1.8B | 1.6B | 1.1B | 782.0M | 489.0M | 299.0M | 163.0M | 172.0M | 122.0M | 98.9M | 112.0M | 72.7M |
| Tax Refunds Received | 8.8M | 17.6M | 45.2M | 13.9M | 11.2M | 7.0M | 6.8M | 6.5M | 6.7M | 4.3M | 4.5M | 4.2M | 9.5M | 1.5M |
| Total Operating Cash Inflow | 2.2B | 2.2B | 1.9B | 1.7B | 1.2B | 813.0M | 514.0M | 326.0M | 181.0M | 187.0M | 129.0M | 105.0M | 123.0M | 76.9M |
| Cash Paid For Goods | 312.0M | 377.0M | 316.0M | 371.0M | 213.0M | 117.0M | 72.5M | 53.0M | 22.6M | 33.5M | 16.3M | 16.0M | 25.2M | 17.5M |
| Cash Paid To Employees | 1.1B | 1.1B | 935.0M | 697.0M | 523.0M | 369.0M | 214.0M | 115.0M | 62.3M | 50.2M | 41.1M | 35.8M | 27.1M | 17.1M |
| Taxes Paid | 160.0M | 148.0M | 139.0M | 109.0M | 80.3M | 57.4M | 46.5M | 27.5M | 18.3M | 18.6M | 16.9M | 13.8M | 14.1M | 10.4M |
| Total Operating Cash Outflow | 1.9B | 1.8B | 1.6B | 1.4B | 983.0M | 698.0M | 422.0M | 270.0M | 148.0M | 139.0M | 99.9M | 84.9M | 86.9M | 59.9M |
| Operating Cash Flow | 350.0M | 329.0M | 309.0M | 310.0M | 185.0M | 115.0M | 91.7M | 56.2M | 33.0M | 48.8M | 28.9M | 20.2M | 36.0M | 17.0M |
| Total Investing Cash Inflow | 1.4B | 1.1B | 310.0M | 446.0M | 691.0M | 25.3M | 93.2M | 1.2M | 10,000 | 10,500 | 1.5M | 4,000 | 3.0M | 2.4M |
| Total Investing Cash Outflow | 1.8B | 1.7B | 657.0M | 683.0M | 566.0M | 370.0M | 186.0M | 147.0M | 19.6M | 23.0M | 35.5M | 25.9M | 42.2M | 7.8M |
| Investing Cash Flow | -406.0M | -547.0M | -348.0M | -237.0M | 126.0M | -344.0M | -93.2M | -146.0M | -19.6M | -23.0M | -34.0M | -25.9M | -39.2M | -5.4M |
| Cash From Borrowings | 239.0M | 152.0M | 201.0M | 78.5M | 207.0M | 141.0M | -- | -- | -- | 3.0M | -- | -- | -- | -- |
| Dividends And Interest Paid | 165.0M | 71.1M | 53.0M | 43.2M | 33.8M | 47.1M | 15.1M | 983,200 | 13.7M | 67,600 | -- | -- | 8.3M | 3.3M |
| Debt Repayments | 67.9M | 4.5M | 176.0M | 248.0M | 130.0M | -- | -- | 1.0M | 3.0M | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 397.0M | 713.0M | 537.0M | 216.0M | 266.0M | 603.0M | 2.6M | 133.0M | 182.0M | 3.0M | -- | -- | 6.6M | 41.8M |
| Total Financing Cash Outflow | 441.0M | 103.0M | 351.0M | 393.0M | 240.0M | 47.9M | 16.1M | 2.4M | 24.3M | 67,600 | 20.50 | 100.50 | 8.3M | 3.3M |
| Financing Cash Flow | -44.4M | 609.0M | 186.0M | -178.0M | 26.4M | 555.0M | -13.5M | 131.0M | 158.0M | 2.9M | -20.50 | -100.50 | -1.7M | 38.5M |
| Net Change In Cash | -99.8M | 392.0M | 146.0M | -105.0M | 337.0M | 325.0M | -15.0M | 41.1M | 171.0M | 28.7M | -5.1M | -5.7M | -4.9M | 50.1M |
| Ending Cash Balance | 1.3B | 1.4B | 990.0M | 843.0M | 948.0M | 611.0M | 286.0M | 300.0M | 259.0M | 88.1M | 59.4M | 64.4M | 70.1M | 75.0M |
| Capex | 102.0M | 212.0M | 278.0M | 149.0M | 96.6M | 11.2M | 14.3M | 10.5M | 16.4M | 23.0M | 33.3M | 25.9M | 42.2M | 7.8M |