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 | 1.9B | 1.5B | 1.2B | 1.0B | 689.0M | 542.0M | 431.0M | 360.0M | 339.0M | 287.0M | 255.0M | 219.0M | 212.0M | 191.0M |
| Revenue Growth % | 32.4% | 17.4% | 21.6% | 49.2% | 27.1% | 25.8% | 19.7% | 6.2% | 18.1% | 12.5% | 16.4% | 3.3% | 11.0% | -- |
| Total Revenue | 1.9B | 1.5B | 1.2B | 1.0B | 689.0M | 542.0M | 431.0M | 360.0M | 339.0M | 287.0M | 255.0M | 219.0M | 212.0M | 191.0M |
| Cost Of Revenue | 421.0M | 332.0M | 266.0M | 225.0M | 185.0M | 145.0M | 119.0M | 93.9M | 84.1M | 85.1M | 62.6M | 29.9M | 25.5M | 20.6M |
| Gross Profit | 1.5B | 1.1B | 984.0M | 803.0M | 504.0M | 397.0M | 312.0M | 266.1M | 254.9M | 201.9M | 192.4M | 189.1M | 186.5M | 170.4M |
| Gross Margin % | 78.3% | 77.4% | 78.7% | 78.1% | 73.1% | 73.2% | 72.4% | 73.9% | 75.2% | 70.4% | 75.5% | 86.3% | 88.0% | 89.2% |
| Total Operating Cost | 1.6B | 1.2B | 1.0B | 794.0M | 590.0M | 510.0M | 423.0M | 319.0M | 289.0M | 266.0M | 237.0M | 167.0M | 162.0M | 150.0M |
| Selling Expenses | 705.0M | 535.0M | 463.0M | 338.0M | 244.0M | 219.0M | 193.0M | 134.0M | 132.0M | 110.0M | 109.0M | 99.5M | 104.0M | 93.5M |
| Admin Expenses | 170.0M | 154.0M | 132.0M | 118.0M | 77.1M | 72.8M | 53.6M | 42.5M | 56.6M | 51.1M | 47.0M | 34.3M | 29.7M | 30.0M |
| Rd Expenses | 221.0M | 167.0M | 146.0M | 88.4M | 63.2M | 54.0M | 41.0M | 34.3M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 974,800 | -6.2M | -8.1M | 6.1M | 6.2M | 4.5M | 3.1M | 2.9M | 7.3M | 12.3M | 10.9M | 622,600 | -725,700 | 1.5M |
| Operating Income | 425.0M | 277.0M | 250.0M | 248.0M | 106.0M | 37.7M | 11.5M | 46.1M | 58.1M | 21.6M | 18.1M | 51.9M | 50.0M | 40.9M |
| Operating Margin % | 21.9% | 18.9% | 20.0% | 24.1% | 15.4% | 7.0% | 2.7% | 12.8% | 17.1% | 7.5% | 7.1% | 23.7% | 23.6% | 21.4% |
| Non Operating Income | 291,900 | 95,600 | 3.0M | 7.2M | 33,400 | 66,400 | 1.0M | 69,300 | 6.6M | 4.7M | 19.6M | 3.4M | 3.0M | 702,800 |
| Non Operating Expenses | 30.0M | 11.6M | 19.4M | 12.1M | 3.2M | 1.9M | 1.4M | 380,400 | 200,000 | 19,200 | 101,600 | 37,500 | 65,500 | 17,100 |
| Investment Income | -24,200 | -- | -- | 3.1M | -- | -- | -- | -- | 3.0M | 137,500 | 50,000 | -- | 150,000 | -481,200 |
| Fair Value Change Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 558,300 |
| Asset Disposal Income | -978,400 | -37,500 | 420,800 | 5.2M | -77,800 | 8,700 | 30,900 | -60,200 | 4.6M | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 3.4M | 8.3M | 4.4M | 3.8M | 2.8M | 2.1M | 2.6M | 1.8M | 758,800 | 2.3M | 4.1M | 308,800 | 465,300 | 811,400 |
| Other Income | 34.4M | 20.4M | 19.5M | 6.1M | 6.7M | 5.1M | 3.7M | 4.7M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 395.0M | 265.0M | 234.0M | 244.0M | 103.0M | 35.8M | 11.2M | 45.8M | 64.5M | 26.3M | 37.6M | 55.4M | 52.9M | 41.6M |
| Income Tax | 57.0M | 25.0M | 22.0M | 34.4M | 9.1M | 6.3M | 2.2M | 7.4M | 10.2M | 4.3M | 6.6M | 9.3M | 9.2M | 6.0M |
| Net Income | 338.0M | 240.0M | 212.0M | 209.0M | 93.5M | 29.5M | 9.0M | 38.4M | 54.3M | 22.0M | 31.0M | 46.1M | 43.7M | 35.6M |
| Net Margin % | 17.4% | 16.3% | 17.0% | 20.3% | 13.6% | 5.4% | 2.1% | 10.7% | 16.0% | 7.7% | 12.2% | 21.0% | 20.6% | 18.7% |
| Net Income Attributable | 338.0M | 240.0M | 212.0M | 195.0M | 88.0M | 35.9M | 13.7M | 39.4M | 54.3M | 22.0M | 31.0M | 46.1M | 43.7M | 35.6M |
| Minority Interest | -- | -- | -- | 14.4M | 5.5M | -6.4M | -4.7M | -999,300 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 1.94 | 1.38 | 1.72 | 2.39 | 1.09 | 0.45 | 0.17 | 0.49 | 0.90 | 0.37 | 0.52 | 0.77 | 0.73 | 0.59 |
| Eps Diluted | 1.93 | 1.38 | 1.72 | 2.38 | 1.08 | 0.45 | 0.17 | 0.49 | 0.90 | 0.37 | 0.52 | 0.77 | 0.73 | 0.59 |
| 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 | 370.0M | 480.0M | 515.0M | 686.0M | 37.2M | 50.0M | 28.4M | 22.3M | 90.6M | 10.8M | 20.9M | 52.0M | 99.0M | 96.6M |
| Accounts Receivable | 242.0M | 178.0M | 124.0M | 108.0M | 112.0M | 93.0M | 73.1M | 67.3M | 62.3M | 52.7M | 50.9M | 42.6M | 42.2M | 46.2M |
| Notes Receivable | 20.2M | 25.8M | 24.2M | 18.9M | -- | -- | 33.6M | 33.3M | 34.8M | 30.2M | 14.1M | 10.9M | 24.2M | 26.4M |
| Notes And Accounts Receivable | 262.0M | 203.0M | 148.0M | 127.0M | 112.0M | 93.0M | 107.0M | 101.0M | 97.1M | 82.9M | 65.0M | 53.5M | 66.4M | 72.6M |
| Prepayments | 24.4M | 31.7M | 18.5M | 23.1M | 17.1M | 13.6M | 13.2M | 14.9M | 7.6M | 3.7M | 4.8M | 5.5M | 3.6M | 2.2M |
| Inventory | 154.0M | 136.0M | 122.0M | 92.3M | 68.3M | 79.9M | 56.3M | 54.8M | 48.1M | 38.7M | 39.4M | 23.9M | 13.5M | 8.9M |
| Total Current Assets | 830.0M | 905.0M | 865.0M | 984.0M | 294.0M | 282.0M | 210.0M | 194.0M | 244.0M | 142.0M | 148.0M | 139.0M | 185.0M | 183.0M |
| Fixed Assets | -- | 721.0M | 611.0M | 500.0M | 506.0M | 422.0M | 424.0M | 416.0M | 442.0M | 478.0M | 487.0M | 68.0M | 69.5M | 47.9M |
| Fixed Assets Total | 779.0M | 721.0M | 611.0M | 500.0M | 506.0M | 422.0M | 424.0M | 416.0M | 442.0M | 478.0M | 487.0M | 68.0M | 69.5M | 47.9M |
| Construction In Progress | -- | 82.6M | 53.9M | 34.9M | 22.3M | 51.9M | 1.5M | 15.1M | 1.5M | -- | 5.8M | 325.0M | 114.0M | 6.9M |
| Construction In Progress Total | 197.0M | 106.0M | 70.1M | 34.9M | 22.3M | 51.9M | 1.5M | 15.1M | 1.5M | -- | 5.8M | 325.0M | 114.0M | 6.9M |
| Intangible Assets | 135.0M | 78.3M | 27.7M | 22.8M | 23.8M | 23.8M | 23.5M | 24.1M | 24.0M | 26.1M | 26.8M | 27.6M | 28.1M | 28.6M |
| Long Term Deferred Expenses | 4.8M | 8.8M | 9.4M | 9.8M | 6.6M | 7.8M | 10.1M | 1.3M | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 1.3B | 1.1B | 918.0M | 702.0M | 671.0M | 571.0M | 499.0M | 482.0M | 477.0M | 509.0M | 523.0M | 428.0M | 233.0M | 85.0M |
| Total Assets | 2.1B | 2.0B | 1.8B | 1.7B | 966.0M | 852.0M | 708.0M | 676.0M | 721.0M | 651.0M | 671.0M | 567.0M | 418.0M | 268.0M |
| Short Term Borrowings | 200.0M | 70.1M | -- | 100.0M | 80.0M | 90.0M | 50.0M | 50.0M | 80.0M | 80.0M | 70.0M | 65.7M | -- | -- |
| Accounts Payable | 17.7M | 17.6M | 19.5M | 13.3M | 6.7M | 14.9M | 10.6M | 6.9M | 10.2M | 6.1M | 8.7M | 4.5M | 1.2M | 1.6M |
| Advance Receipts | 242,900 | 214,900 | 233,300 | 404,100 | 374,100 | 6.4M | 1.5M | 709,000 | 553,800 | 158,900 | 145,000 | 78,300 | 117,900 | 188,400 |
| Contract Liabilities | 3.2M | 6.5M | 2.0M | 6.1M | 5.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 461.0M | 260.0M | 152.0M | 267.0M | 212.0M | 221.0M | 124.0M | 92.1M | 168.0M | 203.0M | 220.0M | 146.0M | 55.8M | 16.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | 20.0M | 56.0M | 60.0M | 60.0M | -- |
| Total Non Current Liabilities | 73.0M | 73.8M | 78.2M | 75.5M | 59.1M | 56.4M | 29.8M | 31.0M | 32.3M | 58.0M | 83.3M | 84.7M | 71.5M | 4.9M |
| Total Liabilities | 534.0M | 334.0M | 231.0M | 342.0M | 272.0M | 277.0M | 154.0M | 123.0M | 200.0M | 261.0M | 303.0M | 230.0M | 127.0M | 20.9M |
| Paid In Capital | 175.0M | 125.0M | 88.6M | 88.1M | 82.4M | 82.4M | 82.4M | 80.0M | 80.0M | 60.0M | 60.0M | 60.0M | 60.0M | 60.0M |
| Capital Reserve | 867.0M | 891.0M | 852.0M | 783.0M | 288.0M | 256.0M | 249.0M | 230.0M | 230.0M | 173.0M | 173.0M | 173.0M | 173.0M | 173.0M |
| Surplus Reserve | 87.6M | 59.9M | 44.3M | 44.0M | 41.2M | 35.9M | 30.0M | 28.0M | 23.8M | 18.3M | 15.9M | 12.7M | 8.0M | 3.6M |
| Retained Earnings | 464.0M | 614.0M | 567.0M | 435.0M | 286.0M | 214.0M | 204.0M | 212.0M | 187.0M | 138.0M | 119.0M | 91.1M | 49.6M | 10.3M |
| Minority Equity | -- | -- | -- | -- | 11.9M | 6.4M | 9.1M | 3.0M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.6B | 1.7B | 1.6B | 1.3B | 682.0M | 569.0M | 546.0M | 550.0M | 521.0M | 390.0M | 368.0M | 337.0M | 291.0M | 247.0M |
| Total Equity | 1.6B | 1.7B | 1.6B | 1.3B | 694.0M | 575.0M | 555.0M | 553.0M | 521.0M | 390.0M | 368.0M | 337.0M | 291.0M | 247.0M |
| 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 | 1.9B | 1.4B | 1.3B | 1.0B | 650.0M | 503.0M | 440.0M | 355.0M | 316.0M | 268.0M | 242.0M | 203.0M | 233.0M | 203.0M |
| Tax Refunds Received | -- | 13.7M | 10.7M | 5.5M | 129,900 | 217,300 | 14,400 | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.9B | 1.4B | 1.3B | 1.1B | 661.0M | 535.0M | 444.0M | 359.0M | 321.0M | 272.0M | 246.0M | 205.0M | 239.0M | 225.0M |
| Cash Paid For Goods | 147.0M | 129.0M | 114.0M | 104.0M | 78.7M | 55.8M | 48.9M | 46.5M | 45.5M | 44.6M | 51.0M | 34.5M | 26.1M | 23.7M |
| Cash Paid To Employees | 558.0M | 460.0M | 363.0M | 260.0M | 180.0M | 146.0M | 107.0M | 75.4M | 55.0M | 47.4M | 46.1M | 41.4M | 34.2M | 28.6M |
| Taxes Paid | 215.0M | 123.0M | 145.0M | 109.0M | 74.0M | 65.4M | 70.7M | 67.4M | 68.3M | 52.8M | 37.7M | 29.1M | 47.1M | 37.3M |
| Total Operating Cash Outflow | 1.5B | 1.1B | 1.0B | 755.0M | 539.0M | 461.0M | 400.0M | 327.0M | 293.0M | 250.0M | 233.0M | 197.0M | 197.0M | 201.0M |
| Operating Cash Flow | 417.0M | 318.0M | 286.0M | 307.0M | 122.0M | 74.1M | 44.0M | 32.7M | 28.1M | 21.4M | 13.0M | 8.4M | 42.0M | 24.5M |
| Total Investing Cash Inflow | 326,000 | 21,200 | 76,800 | 23.5M | 4,531 | 31,400 | 199,100 | 104,700 | 11.8M | 25.2M | 20.7M | 12.8M | 5.0M | 3.9M |
| Total Investing Cash Outflow | 216.0M | 262.0M | 299.0M | 226.0M | 108.0M | 70.0M | 45.3M | 31.5M | 3.6M | 8.1M | 83.5M | 133.0M | 103.0M | 43.7M |
| Investing Cash Flow | -216.0M | -262.0M | -299.0M | -202.0M | -108.0M | -69.9M | -45.1M | -31.4M | 8.1M | 17.1M | -62.8M | -120.0M | -98.3M | -39.8M |
| Cash From Borrowings | 310.0M | 70.0M | 20.0M | 100.0M | 120.0M | 143.0M | 80.0M | 50.0M | 110.0M | 130.0M | 250.0M | 65.7M | 60.0M | -- |
| Dividends And Interest Paid | 467.0M | 178.0M | 80.8M | 47.1M | 16.2M | 24.5M | 22.9M | 13.0M | 6.6M | 10.6M | 10.5M | 3.7M | -- | 23.5M |
| Debt Repayments | 180.0M | -- | 120.0M | 80.0M | 130.0M | 103.0M | 80.0M | 108.0M | 120.0M | 167.0M | 221.0M | -- | -- | 15.1M |
| Total Financing Cash Inflow | 337.0M | 119.0M | 49.1M | 681.0M | 132.0M | 145.0M | 111.0M | 54.0M | 192.0M | 130.0M | 276.0M | 68.7M | 60.0M | 106.0M |
| Total Financing Cash Outflow | 656.0M | 203.0M | 208.0M | 143.0M | 147.0M | 139.0M | 104.0M | 124.0M | 149.0M | 178.0M | 231.0M | 20.5M | 11.3M | 38.7M |
| Financing Cash Flow | -319.0M | -84.2M | -158.0M | 538.0M | -15.1M | 5.8M | 7.2M | -69.7M | 43.5M | -48.3M | 45.2M | 48.2M | 48.7M | 67.2M |
| Net Change In Cash | -118.0M | -28.3M | -171.0M | 643.0M | -1.1M | 9.9M | 6.1M | -68.3M | 79.8M | -10.1M | -4.7M | -63.6M | -7.4M | 51.0M |
| Ending Cash Balance | 363.0M | 480.0M | 509.0M | 680.0M | 37.2M | 38.3M | 28.4M | 22.3M | 90.6M | 10.8M | 20.9M | 25.6M | 89.2M | 96.6M |
| Capex | 199.0M | 262.0M | 299.0M | 95.1M | 108.0M | 70.0M | 45.3M | 29.3M | 3.6M | 4.7M | 81.8M | 133.0M | 103.0M | 42.1M |