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 | 5.7B | 5.3B | 4.8B | 3.4B | 2.5B | 2.0B | 1.5B | 1.1B | 808.0M | 605.0M | 488.0M | 404.0M | 320.0M | 262.0M |
| Revenue Growth % | 7.7% | 9.0% | 40.6% | 38.7% | 25.5% | 32.9% | 30.3% | 41.3% | 33.6% | 24.0% | 20.8% | 26.2% | 22.1% | -- |
| Total Revenue | 5.7B | 5.3B | 4.8B | 3.4B | 2.5B | 2.0B | 1.5B | 1.1B | 808.0M | 605.0M | 488.0M | 404.0M | 320.0M | 262.0M |
| Cost Of Revenue | 4.5B | 4.2B | 3.7B | 2.5B | 1.8B | 1.4B | 1.0B | 787.0M | 587.0M | 443.0M | 368.0M | 298.0M | 241.0M | 205.0M |
| Gross Profit | 1.2B | 1.0B | 1.2B | 925.0M | 677.0M | 578.0M | 463.0M | 355.0M | 221.0M | 162.0M | 120.0M | 106.0M | 79.0M | 57.0M |
| Gross Margin % | 21.2% | 19.8% | 24.3% | 26.9% | 27.3% | 29.2% | 31.1% | 31.1% | 27.4% | 26.8% | 24.6% | 26.2% | 24.7% | 21.8% |
| Total Operating Cost | 5.3B | 4.9B | 4.3B | 3.0B | 2.2B | 1.7B | 1.3B | 999.0M | 704.0M | 521.0M | 437.0M | 360.0M | 284.0M | 240.0M |
| Selling Expenses | 165.0M | 137.0M | 122.0M | 99.3M | 83.6M | 103.0M | 89.3M | 80.0M | 56.9M | 36.0M | 25.1M | 20.8M | 12.9M | 7.5M |
| Admin Expenses | 233.0M | 185.0M | 173.0M | 131.0M | 108.0M | 92.2M | 59.3M | 39.4M | 51.2M | 37.5M | 34.9M | 28.9M | 21.7M | 21.6M |
| Rd Expenses | 247.0M | 233.0M | 208.0M | 151.0M | 102.0M | 79.5M | 67.1M | 53.0M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 25.7M | 38.1M | 49.2M | 47.0M | 30.1M | 20.0M | 14.9M | 13.2M | -2.3M | 87,000 | 5.4M | 8.3M | 5.4M | 4.0M |
| Operating Income | 477.0M | 411.0M | 592.0M | 479.0M | 343.0M | 288.0M | 231.0M | 153.0M | 101.0M | 83.7M | 49.6M | 43.9M | 36.0M | 22.5M |
| Operating Margin % | 8.4% | 7.8% | 12.2% | 13.9% | 13.8% | 14.6% | 15.5% | 13.4% | 12.5% | 13.8% | 10.2% | 10.9% | 11.2% | 8.6% |
| Non Operating Income | 271,200 | 372,600 | 138,400 | 593,300 | 2.1M | 5.9M | 185,400 | 3.0M | 4.4M | 3.8M | 2.9M | 2.3M | 5.2M | 1.2M |
| Non Operating Expenses | 6.2M | 3.5M | 10.1M | 3.7M | 9.0M | 1.8M | 6.5M | 12.0M | 355,200 | 330,000 | 366,500 | -- | 92,900 | -- |
| Investment Income | -359,200 | 3.6M | 37,500 | 46,600 | 78.00 | 414,800 | 5.4M | 1.3M | -3.2M | -303,600 | -1.4M | 50,000 | 31,800 | 607,600 |
| Fair Value Change Income | 1.5M | 1.3M | 2,300 | -- | 69,100 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 2.8M | -1.3M | -3.1M | -179,500 | -2.8M | -762,100 | 205,600 | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 57.7M | 35.8M | 30.7M | 24.4M | 862,000 | 1.4M | 7.4M | 17.5M | 4.2M | 793,100 | 1.6M | 1.1M | 1.1M | 569,900 |
| Other Income | 58.5M | 41.6M | 27.8M | 29.8M | 15.4M | 16.6M | 7.6M | 8.0M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 471.0M | 408.0M | 582.0M | 476.0M | 336.0M | 292.0M | 224.0M | 144.0M | 105.0M | 87.1M | 52.1M | 46.2M | 41.0M | 23.7M |
| Income Tax | 56.5M | 50.6M | 56.0M | 50.2M | 46.5M | 29.0M | 28.2M | 15.6M | 14.8M | 13.6M | 7.1M | 6.5M | 6.1M | 4.3M |
| Net Income | 414.0M | 358.0M | 526.0M | 426.0M | 290.0M | 263.0M | 196.0M | 128.0M | 90.6M | 73.6M | 45.0M | 39.6M | 34.9M | 19.4M |
| Net Margin % | 7.3% | 6.8% | 10.9% | 12.4% | 11.7% | 13.3% | 13.2% | 11.2% | 11.2% | 12.2% | 9.2% | 9.8% | 10.9% | 7.4% |
| Net Income Attributable | 426.0M | 362.0M | 526.0M | 418.0M | 293.0M | 262.0M | 193.0M | 131.0M | 90.6M | 73.7M | 45.1M | 40.0M | 35.2M | 19.7M |
| Minority Interest | -12.1M | -5.0M | 124,200 | 8.6M | -3.5M | 297,700 | 3.0M | -2.2M | 64,200 | -111,000 | -110,700 | -406,500 | -278,000 | -297,600 |
| Eps Basic | 1.86 | 1.58 | 2.40 | 2.04 | 1.43 | 1.38 | 1.07 | 0.74 | 1.01 | 0.82 | 0.50 | 0.44 | -- | -- |
| Eps Diluted | 1.86 | 1.58 | 2.40 | 2.04 | 1.43 | 1.38 | 1.07 | 0.74 | 1.01 | 0.82 | 0.50 | 0.44 | -- | -- |
| 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 | 1.1B | 947.0M | 819.0M | 468.0M | 191.0M | 294.0M | 393.0M | 254.0M | 143.0M | 103.0M | 45.9M | 66.5M | 46.0M | 24.3M |
| Trading Financial Assets | 163.0M | 93.2M | 40.0M | -- | 8.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.1B | 939.0M | 756.0M | 576.0M | 474.0M | 359.0M | 270.0M | 197.0M | 173.0M | 109.0M | 101.0M | 75.8M | 56.1M | 34.9M |
| Notes Receivable | 413.0M | 421.0M | 314.0M | 343.0M | 268.0M | 1.9M | 18.8M | 31.8M | 35.2M | 10.5M | 19.2M | 8.4M | 8.5M | 4.3M |
| Notes And Accounts Receivable | 1.5B | 1.4B | 1.1B | 919.0M | 742.0M | 361.0M | 288.0M | 229.0M | 209.0M | 119.0M | 120.0M | 84.2M | 64.6M | 39.3M |
| Prepayments | 97.9M | 74.6M | 117.0M | 61.2M | 24.6M | 29.0M | 14.0M | 15.5M | 9.1M | 9.9M | 5.6M | 6.5M | 4.2M | 6.4M |
| Inventory | 1.3B | 1.1B | 1.3B | 893.0M | 546.0M | 595.0M | 444.0M | 282.0M | 198.0M | 153.0M | 145.0M | 134.0M | 89.1M | 83.4M |
| Total Current Assets | 4.3B | 3.7B | 3.4B | 2.5B | 1.6B | 1.4B | 1.2B | 903.0M | 574.0M | 395.0M | 323.0M | 300.0M | 213.0M | 166.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | 773,200 | 2.4M | 12.7M | 15.9M | 16.2M | 17.1M | 17.1M | 17.1M |
| Fixed Assets | -- | 3.2B | 2.3B | 1.2B | 1.0B | 650.0M | 444.0M | 342.0M | 219.0M | 224.0M | 197.0M | 182.0M | 182.0M | 80.5M |
| Fixed Assets Total | 3.4B | 3.2B | 2.3B | 1.2B | 1.0B | 650.0M | 444.0M | 342.0M | 219.0M | 224.0M | 197.0M | 182.0M | 182.0M | 80.5M |
| Construction In Progress | -- | 275.0M | 836.0M | 1.2B | 469.0M | 488.0M | 173.0M | 40.4M | 45.6M | 2.1M | 9.8M | 3.6M | 2.7M | 41.9M |
| Construction In Progress Total | 162.0M | 275.0M | 836.0M | 1.2B | 469.0M | 488.0M | 173.0M | 40.5M | 45.6M | 2.1M | 9.8M | 3.6M | 2.7M | 41.9M |
| Intangible Assets | 427.0M | 353.0M | 305.0M | 228.0M | 209.0M | 195.0M | 142.0M | 124.0M | 14.9M | 4.8M | 5.0M | 5.1M | 5.2M | 2.3M |
| Long Term Deferred Expenses | 6.7M | 6.1M | 5.5M | 3.4M | 2.2M | 3.7M | 4.0M | 6.5M | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 4.8B | 4.5B | 4.1B | 3.1B | 2.2B | 1.8B | 845.0M | 588.0M | 329.0M | 251.0M | 236.0M | 213.0M | 208.0M | 142.0M |
| Total Assets | 9.1B | 8.2B | 7.6B | 5.6B | 3.8B | 3.1B | 2.0B | 1.5B | 903.0M | 646.0M | 559.0M | 513.0M | 421.0M | 308.0M |
| Short Term Borrowings | 860.0M | 566.0M | 639.0M | 656.0M | 390.0M | 392.0M | 364.0M | 206.0M | 156.0M | 75.2M | 89.1M | 111.0M | 79.8M | 30.3M |
| Accounts Payable | 554.0M | 517.0M | 513.0M | 398.0M | 271.0M | 226.0M | 140.0M | 123.0M | 120.0M | 66.8M | 50.5M | 50.0M | 25.6M | 25.4M |
| Advance Receipts | 770,900 | 1.8M | 897,700 | -- | -- | 10.5M | 2.3M | 3.2M | 9.3M | 5.1M | 1.1M | 816,000 | 522,500 | 1.4M |
| Contract Liabilities | 10.6M | 27.2M | 34.2M | 13.8M | 11.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.8B | 2.7B | 2.5B | 2.2B | 1.2B | 975.0M | 833.0M | 491.0M | 379.0M | 211.0M | 196.0M | 204.0M | 160.0M | 125.0M |
| Long Term Borrowings | 1.5B | 1.2B | 1.1B | 733.0M | 366.0M | 193.0M | 70.3M | 62.8M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 1.6B | 1.3B | 1.2B | 788.0M | 408.0M | 238.0M | 85.0M | 78.4M | 19.2M | 20.5M | 21.6M | 14.5M | 6.3M | -- |
| Total Liabilities | 4.4B | 3.9B | 3.7B | 3.0B | 1.6B | 1.2B | 918.0M | 570.0M | 398.0M | 231.0M | 218.0M | 219.0M | 166.0M | 125.0M |
| Paid In Capital | 230.0M | 230.0M | 230.0M | 205.0M | 205.0M | 205.0M | 180.0M | 180.0M | 90.0M | 90.0M | 90.0M | 90.0M | 89.8M | 75.1M |
| Capital Reserve | 1.7B | 1.7B | 1.7B | 915.0M | 915.0M | 915.0M | 340.0M | 340.0M | 155.0M | 155.0M | 157.0M | 156.0M | 81.2M | 55.5M |
| Surplus Reserve | 102.0M | 91.1M | 83.4M | 61.6M | 53.5M | 50.4M | 43.3M | 31.5M | 23.4M | 14.6M | 9.1M | 4.6M | 14.1M | 10.2M |
| Retained Earnings | 2.4B | 2.1B | 1.8B | 1.3B | 983.0M | 733.0M | 507.0M | 346.0M | 236.0M | 154.0M | 84.0M | 43.4M | 69.0M | 39.7M |
| Minority Equity | 267.0M | 173.0M | 111.0M | 105.0M | 24.7M | 28.2M | 28.0M | 25.1M | 65,800 | 1,600 | 126,100 | 331,700 | 931,800 | 265,700 |
| Equity Attributable | 4.5B | 4.1B | 3.8B | 2.5B | 2.2B | 1.9B | 1.1B | 896.0M | 505.0M | 414.0M | 341.0M | 294.0M | 254.0M | 183.0M |
| Total Equity | 4.7B | 4.3B | 3.9B | 2.6B | 2.2B | 1.9B | 1.1B | 921.0M | 505.0M | 414.0M | 341.0M | 295.0M | 255.0M | 184.0M |
| 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 | 4.5B | 4.1B | 3.7B | 2.4B | 1.6B | 1.2B | 930.0M | 800.0M | 602.0M | 528.0M | 420.0M | 326.0M | 313.0M | 273.0M |
| Tax Refunds Received | 143.0M | 106.0M | 197.0M | 143.0M | 48.2M | 78.1M | 23.2M | 9.3M | -- | -- | 3.5M | 2.8M | 2.3M | 4.2M |
| Total Operating Cash Inflow | 4.7B | 4.4B | 4.2B | 2.6B | 1.7B | 1.4B | 987.0M | 840.0M | 612.0M | 533.0M | 425.0M | 331.0M | 320.0M | 282.0M |
| Cash Paid For Goods | 3.3B | 3.2B | 2.6B | 1.7B | 1.0B | 703.0M | 623.0M | 566.0M | 429.0M | 360.0M | 320.0M | 241.0M | 265.0M | 229.0M |
| Cash Paid To Employees | 495.0M | 455.0M | 391.0M | 286.0M | 211.0M | 251.0M | 169.0M | 106.0M | 70.5M | 44.5M | 32.8M | 27.6M | 14.8M | 13.9M |
| Taxes Paid | 268.0M | 265.0M | 225.0M | 158.0M | 174.0M | 127.0M | 65.6M | 43.6M | 28.5M | 20.8M | 12.1M | 15.0M | 7.3M | 9.3M |
| Total Operating Cash Outflow | 4.3B | 4.3B | 3.7B | 2.3B | 1.5B | 1.2B | 952.0M | 808.0M | 588.0M | 453.0M | 391.0M | 313.0M | 309.0M | 265.0M |
| Operating Cash Flow | 464.0M | 173.0M | 514.0M | 312.0M | 187.0M | 166.0M | 35.0M | 31.4M | 24.0M | 80.7M | 34.1M | 17.7M | 11.1M | 16.7M |
| Total Investing Cash Inflow | 257.0M | 226.0M | 2.3M | 10.9M | 55,700 | 203.0M | 647.0M | 3.5M | -- | -- | 8.2M | 2.3M | 10.1M | 3.3M |
| Total Investing Cash Outflow | 786.0M | 847.0M | 503.0M | 562.0M | 342.0M | 563.0M | 703.0M | 276.0M | 25.7M | 10.2M | 30.8M | 32.8M | 58.9M | 46.4M |
| Investing Cash Flow | -528.0M | -621.0M | -501.0M | -551.0M | -342.0M | -360.0M | -55.7M | -272.0M | -25.7M | -10.2M | -22.6M | -30.5M | -48.9M | -43.1M |
| Cash From Borrowings | 2.4B | 1.8B | 1.5B | 1.2B | 779.0M | 686.0M | 523.0M | 423.0M | 274.0M | 119.0M | 139.0M | 138.0M | 124.0M | 58.0M |
| Dividends And Interest Paid | 147.0M | 144.0M | 122.0M | 93.9M | 70.7M | 59.8M | 41.0M | 16.7M | 6.7M | 6.5M | 6.1M | 6.5M | 14.1M | 20.2M |
| Debt Repayments | 2.3B | 1.1B | 1.4B | 532.0M | 600.0M | 520.0M | 358.0M | 310.0M | 250.0M | 133.0M | 161.0M | 106.0M | 74.3M | 50.2M |
| Total Financing Cash Inflow | 2.5B | 2.0B | 2.0B | 1.2B | 794.0M | 686.0M | 523.0M | 712.0M | 274.0M | 119.0M | 139.0M | 139.0M | 171.0M | 113.0M |
| Total Financing Cash Outflow | 2.4B | 1.3B | 1.7B | 694.0M | 700.0M | 581.0M | 401.0M | 348.0M | 257.0M | 140.0M | 167.0M | 114.0M | 111.0M | 84.9M |
| Financing Cash Flow | 32.1M | 687.0M | 258.0M | 475.0M | 93.1M | 104.0M | 122.0M | 364.0M | 16.5M | -20.4M | -27.8M | 24.6M | 59.8M | 27.9M |
| Net Change In Cash | -12.1M | 256.0M | 269.0M | 226.0M | -64.1M | -88.5M | 103.0M | 116.0M | 19.4M | 52.6M | -17.0M | 9.3M | 21.7M | 1.1M |
| Ending Cash Balance | 916.0M | 928.0M | 672.0M | 403.0M | 177.0M | 241.0M | 329.0M | 226.0M | 110.0M | 90.9M | 38.3M | 55.2M | 46.0M | 24.3M |
| Capex | 255.0M | 574.0M | 293.0M | 515.0M | 333.0M | 396.0M | 160.0M | 158.0M | 25.7M | 10.2M | 30.8M | 32.8M | 58.9M | 46.4M |