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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.6B | 1.8B | 2.6B | 1.5B | 804.0M | 399.0M | 216.0M | 180.0M | 124.0M | 102.0M | 78.3M | 43.4M | 19.9M |
| Revenue Growth % | 105.2% | -31.1% | 70.5% | 87.9% | 101.5% | 84.7% | 20.0% | 45.2% | 21.6% | 30.3% | 80.3% | 118.4% | -- |
| Total Revenue | 3.6B | 1.8B | 2.6B | 1.5B | 804.0M | 399.0M | 216.0M | 180.0M | 124.0M | 102.0M | 78.3M | 43.4M | 19.9M |
| Cost Of Revenue | 1.6B | 769.0M | 1.1B | 728.0M | 401.0M | 195.0M | 95.9M | 77.1M | 50.1M | 37.9M | 29.4M | 18.4M | 6.7M |
| Gross Profit | 2.0B | 1.0B | 1.5B | 783.0M | 403.0M | 204.0M | 120.1M | 102.9M | 73.9M | 64.1M | 48.8M | 25.0M | 13.2M |
| Gross Margin % | 54.9% | 56.7% | 56.8% | 51.8% | 50.1% | 51.1% | 55.6% | 57.2% | 59.6% | 62.8% | 62.4% | 57.6% | 66.3% |
| Total Operating Cost | 3.4B | 2.0B | 2.2B | 1.4B | 794.0M | 440.0M | 209.0M | 150.0M | 96.2M | 83.7M | 56.5M | 35.5M | 17.0M |
| Selling Expenses | 204.0M | 149.0M | 169.0M | 138.0M | 87.6M | 54.2M | 31.1M | 18.4M | 8.4M | 5.2M | 2.9M | 1.6M | 1.4M |
| Admin Expenses | 311.0M | 224.0M | 207.0M | 111.0M | 82.2M | 56.1M | 20.4M | 16.5M | 35.6M | 37.2M | 21.1M | 13.9M | 8.2M |
| Rd Expenses | 967.0M | 715.0M | 645.0M | 330.0M | 187.0M | 107.0M | 61.7M | 36.9M | -- | -- | -- | -- | -- |
| Finance Expenses | 5.8M | 15.9M | -4.2M | -2.3M | 9.9M | -230,000 | -3.6M | -3.3M | -2.3M | -17,800 | 331,800 | 175,600 | -10,900 |
| Operating Income | 484.0M | -34.6M | 499.0M | 223.0M | 72.9M | 3.9M | 34.2M | 53.9M | 28.0M | 17.8M | 21.7M | 8.0M | 3.2M |
| Operating Margin % | 13.3% | -1.9% | 19.4% | 14.8% | 9.1% | 1.0% | 15.9% | 29.9% | 22.5% | 17.5% | 27.8% | 18.4% | 16.0% |
| Non Operating Income | 214,800 | 82.7M | 105,600 | 76,700 | 83,100 | 82,700 | 105,000 | 163,200 | 19.0M | 12.3M | 5.5M | 3.3M | 1.8M |
| Non Operating Expenses | 7.9M | 1.9M | 188,200 | 17,900 | 237,300 | 91,400 | 26,700 | 7,000 | 53,400 | 152,400 | 136,000 | 76,500 | 82,000 |
| Investment Income | 4.8M | 6.4M | 5.9M | -356,800 | -47,100 | 3.9M | 3.1M | 1.1M | -- | -- | -- | 27,700 | 253,400 |
| Fair Value Change Income | -- | -- | 229,300 | -- | -- | 11.0M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 520,300 | 1.0M | 373,200 | 454,300 | -- | 209,700 | -1,300 | -22,000 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 171.0M | 61.3M | 48.5M | 26.3M | 12.0M | 22.4M | 849,300 | 2.7M | 3.0M | 2.3M | 2.1M | 789,900 | 447,000 |
| Other Income | 203.0M | 139.0M | 131.0M | 66.3M | 62.6M | 30.1M | 23.6M | 23.5M | -- | -- | -- | -- | -- |
| Income Before Tax | 476.0M | 46.2M | 499.0M | 223.0M | 72.7M | 3.9M | 34.3M | 54.1M | 46.9M | 30.0M | 27.1M | 11.2M | 4.9M |
| Income Tax | 9.4M | -14.4M | 18.2M | 1.3M | -12.2M | -8.0M | -2.1M | 3.8M | 5.5M | 5.0M | 2.9M | 1.3M | 170,600 |
| Net Income | 467.0M | 60.7M | 480.0M | 222.0M | 85.0M | 11.9M | 36.5M | 50.3M | 41.4M | 24.9M | 24.3M | 9.9M | 4.7M |
| Net Margin % | 12.8% | 3.4% | 18.6% | 14.7% | 10.6% | 3.0% | 16.9% | 27.9% | 33.4% | 24.4% | 31.0% | 22.9% | 23.9% |
| Net Income Attributable | 458.0M | 45.2M | 461.0M | 218.0M | 84.9M | 11.9M | 36.5M | 50.3M | 41.4M | 24.9M | 24.3M | 9.9M | 4.7M |
| Minority Interest | 8.5M | 15.5M | 19.2M | 3.9M | 105,100 | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.73 | 0.07 | 0.77 | 0.37 | 0.14 | 0.04 | 0.13 | 0.38 | 0.72 | 0.56 | -- | -- | -- |
| Eps Diluted | 0.72 | 0.07 | 0.75 | 0.36 | 0.14 | 0.04 | 0.13 | 0.38 | 0.72 | 0.56 | -- | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.0B | 836.0M | 637.0M | 819.0M | 424.0M | 154.0M | 180.0M | 250.0M | 95.9M | 83.5M | 10.6M | 10.4M | 3.7M |
| Trading Financial Assets | -- | -- | 150.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.5B | 1.0B | 952.0M | 627.0M | 399.0M | 273.0M | 116.0M | 125.0M | 102.0M | 70.7M | 42.1M | 20.5M | 13.4M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | 50.8M | 42.6M | 13.1M | 15.7M | 15.8M | 10.5M | 2.9M |
| Notes And Accounts Receivable | 1.5B | 1.0B | 952.0M | 627.0M | 399.0M | 273.0M | 167.0M | 168.0M | 115.0M | 86.4M | 57.9M | 31.0M | 16.3M |
| Prepayments | 19.7M | 7.7M | 8.7M | 19.8M | 5.4M | 6.6M | 5.9M | 323,300 | 83,900 | 144,400 | 189,800 | 177,600 | 64,900 |
| Inventory | 2.2B | 2.2B | 1.6B | 887.0M | 435.0M | 333.0M | 105.0M | 54.8M | 38.1M | 27.9M | 25.3M | 12.5M | 9.2M |
| Total Current Assets | 5.1B | 4.3B | 3.5B | 2.5B | 1.4B | 853.0M | 477.0M | 477.0M | 251.0M | 202.0M | 95.2M | 54.8M | 35.4M |
| Long Term Equity Investment | 46.1M | 39.3M | 34.5M | 13.7M | 14.7M | -- | 50.4M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 353.0M | 196.0M | 163.0M | 150.0M | 141.0M | 134.0M | 5.8M | 5.0M | 6.3M | 3.2M | 2.3M | 924,700 |
| Fixed Assets Total | 531.0M | 353.0M | 196.0M | 163.0M | 150.0M | 141.0M | 134.0M | 5.8M | 5.0M | 6.3M | 3.2M | 2.3M | 924,700 |
| Construction In Progress | -- | 316.0M | 208.0M | 7.5M | 972,100 | 972,100 | -- | 44.0M | 8.1M | -- | -- | -- | -- |
| Construction In Progress Total | 539.0M | 316.0M | 208.0M | 7.5M | 972,100 | 972,100 | -- | 44.0M | 8.1M | -- | -- | -- | -- |
| Intangible Assets | 311.0M | 261.0M | 206.0M | 127.0M | 45.8M | 53.3M | 8.1M | 8.3M | 8.7M | -- | -- | -- | -- |
| Long Term Deferred Expenses | 13.0M | 11.1M | 6.1M | 2.8M | 2.1M | 2.3M | 711,300 | 1.9M | 2.5M | 1.7M | 707,600 | 1.4M | 1.5M |
| Total Non Current Assets | 2.2B | 1.6B | 1.2B | 786.0M | 516.0M | 468.0M | 202.0M | 62.4M | 25.4M | 16.1M | 4.3M | 3.9M | 3.2M |
| Total Assets | 7.3B | 5.9B | 4.7B | 3.3B | 1.9B | 1.3B | 678.0M | 540.0M | 277.0M | 218.0M | 99.5M | 58.7M | 38.6M |
| Short Term Borrowings | 488.0M | 720.0M | 88.3M | 50.1M | 144.0M | 35.1M | 20.0M | -- | -- | -- | 7.8M | 4.8M | 3.0M |
| Accounts Payable | 935.0M | 718.0M | 509.0M | 320.0M | 220.0M | 137.0M | 65.2M | 33.6M | 24.2M | 15.9M | 6.9M | 6.4M | 2.1M |
| Advance Receipts | -- | -- | -- | -- | -- | 3,400 | 2,900 | 300,000 | 3,600 | -- | 737,600 | -- | 64,600 |
| Contract Liabilities | 32.4M | 10.5M | 4.8M | 10.8M | 5.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.8B | 2.0B | 1.6B | 920.0M | 589.0M | 321.0M | 207.0M | 117.0M | 49.5M | 29.8M | 35.6M | 19.0M | 8.9M |
| Long Term Borrowings | 688.0M | 323.0M | 90.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 775.0M | 410.0M | 205.0M | 75.6M | 4.0M | 3.2M | 868,800 | 3.1M | 3.2M | 5.6M | -- | -- | -- |
| Total Liabilities | 3.6B | 2.4B | 1.8B | 996.0M | 593.0M | 325.0M | 208.0M | 120.0M | 52.6M | 35.4M | 35.6M | 19.0M | 8.9M |
| Paid In Capital | 625.0M | 622.0M | 603.0M | 603.0M | 314.0M | 314.0M | 149.0M | 78.0M | 57.1M | 57.1M | 10.0M | 10.0M | 2.1M |
| Capital Reserve | 1.3B | 1.3B | 761.0M | 701.0M | 589.0M | 584.0M | 241.0M | 275.0M | 95.0M | 95.0M | 10.9M | 3.0M | 10.9M |
| Surplus Reserve | 142.0M | 68.9M | 64.7M | 36.1M | 22.6M | 18.0M | 15.9M | 12.2M | 7.2M | 3.1M | 4.4M | 2.8M | 1.8M |
| Retained Earnings | 1.0B | 725.0M | 742.0M | 370.0M | 196.0M | 116.0M | 121.0M | 99.9M | 64.5M | 27.3M | 38.6M | 23.9M | 14.9M |
| Minority Equity | 353.0M | 592.0M | 576.0M | 555.0M | 183.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 3.3B | 2.9B | 2.3B | 1.8B | 1.1B | 997.0M | 471.0M | 419.0M | 224.0M | 183.0M | 63.9M | 39.6M | 29.7M |
| Total Equity | 3.6B | 3.5B | 2.9B | 2.3B | 1.3B | 997.0M | 471.0M | 419.0M | 224.0M | 183.0M | 63.9M | 39.6M | 29.7M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 3.5B | 1.9B | 2.4B | 1.2B | 692.0M | 289.0M | 155.0M | 97.2M | 72.8M | 63.0M | 43.2M | 24.0M | 9.7M |
| Tax Refunds Received | 191.0M | 94.0M | 158.0M | 37.6M | 14.1M | 11.0M | 16.2M | 10.2M | 9.0M | 7.9M | 5.1M | 2.0M | 1.6M |
| Total Operating Cash Inflow | 3.8B | 2.1B | 2.7B | 1.4B | 757.0M | 323.0M | 180.0M | 124.0M | 88.3M | 73.3M | 49.0M | 27.6M | 12.0M |
| Cash Paid For Goods | 1.9B | 1.6B | 1.6B | 836.0M | 385.0M | 156.0M | 43.7M | 25.7M | 14.3M | 18.4M | 15.7M | 6.3M | 4.8M |
| Cash Paid To Employees | 998.0M | 906.0M | 702.0M | 402.0M | 239.0M | 146.0M | 75.3M | 47.5M | 32.0M | 26.9M | 17.2M | 11.2M | 7.4M |
| Taxes Paid | 162.0M | 156.0M | 123.0M | 54.3M | 24.0M | 16.3M | 28.0M | 21.0M | 16.5M | 15.4M | 9.6M | 3.3M | 2.4M |
| Total Operating Cash Outflow | 3.2B | 2.8B | 2.6B | 1.4B | 712.0M | 366.0M | 168.0M | 109.0M | 71.6M | 71.9M | 49.4M | 24.8M | 18.0M |
| Operating Cash Flow | 626.0M | -744.0M | 124.0M | -9.6M | 44.6M | -42.9M | 12.4M | 14.7M | 16.7M | 1.3M | -407,800 | 2.8M | -5.9M |
| Total Investing Cash Inflow | 1.6M | 411.0M | 152.0M | 584,800 | 10.5M | 48.6M | 468.0M | 161.0M | 3.5M | 7.5M | 58,000 | 5.1M | 333,400 |
| Total Investing Cash Outflow | 416.0M | 412.0M | 568.0M | 178.0M | 49.4M | 24.2M | 578.0M | 201.0M | 13.7M | 12.7M | 2.0M | 3.0M | 6.8M |
| Investing Cash Flow | -415.0M | -1.2M | -415.0M | -178.0M | -38.9M | 24.4M | -110.0M | -39.7M | -10.2M | -5.2M | -1.9M | 2.1M | -6.5M |
| Cash From Borrowings | 1.4B | 1.1B | 286.0M | 50.0M | 153.0M | 35.0M | 20.0M | -- | -- | -- | 12.6M | 7.8M | 3.0M |
| Dividends And Interest Paid | 97.2M | 85.3M | 65.3M | 36.1M | 2.6M | 15.9M | 11.8M | 10.0M | -- | 2.7M | 408,800 | 1.2M | 15,700 |
| Debt Repayments | 992.0M | 278.0M | 97.5M | 144.0M | 45.0M | 20.0M | -- | -- | -- | 7.8M | 9.5M | 6.0M | -- |
| Total Financing Cash Inflow | 1.4B | 1.4B | 323.0M | 779.0M | 337.0M | 35.0M | 31.2M | 195.0M | -- | 88.3M | 12.6M | 7.8M | 3.0M |
| Total Financing Cash Outflow | 1.5B | 401.0M | 222.0M | 200.0M | 51.7M | 45.9M | 11.8M | 10.0M | -- | 10.5M | 9.9M | 7.2M | 15,700 |
| Financing Cash Flow | -37.5M | 952.0M | 101.0M | 580.0M | 285.0M | -10.9M | 19.3M | 185.0M | -- | 77.8M | 2.6M | 555,500 | 3.0M |
| Net Change In Cash | 180.0M | 200.0M | -182.0M | 395.0M | 283.0M | -31.9M | -78.2M | 160.0M | 6.5M | 74.0M | 319,600 | 5.5M | -9.5M |
| Ending Cash Balance | 1.0B | 836.0M | 637.0M | 819.0M | 424.0M | 140.0M | 172.0M | 250.0M | 90.0M | 83.5M | 9.5M | 9.2M | 3.7M |
| Capex | 294.0M | 332.0M | 222.0M | 164.0M | 19.6M | 24.2M | 62.7M | 40.9M | 12.9M | 12.7M | 2.0M | 3.0M | 1.8M |