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 | 3.8B | 4.9B | 5.3B | 7.3B | 6.5B | 7.3B | 6.6B | 5.3B | 4.0B | 3.1B | 1.9B | 1.2B | 742.0M |
| Revenue Growth % | -22.7% | -7.8% | -27.3% | 12.2% | -10.3% | 9.3% | 24.8% | 32.2% | 30.4% | 61.5% | 62.7% | 58.4% | -- |
| Total Revenue | 3.8B | 4.9B | 5.3B | 7.3B | 6.5B | 7.3B | 6.6B | 5.3B | 4.0B | 3.1B | 1.9B | 1.2B | 742.0M |
| Cost Of Revenue | 2.5B | 3.2B | 3.5B | 4.9B | 4.3B | 4.2B | 3.7B | 2.9B | 2.2B | 1.7B | 1.1B | 623.0M | 364.0M |
| Gross Profit | 1.3B | 1.7B | 1.8B | 2.4B | 2.2B | 3.0B | 2.9B | 2.4B | 1.9B | 1.4B | 857.0M | 552.0M | 378.0M |
| Gross Margin % | 33.1% | 35.0% | 34.6% | 33.2% | 33.2% | 41.6% | 43.7% | 45.1% | 46.2% | 44.9% | 44.8% | 47.0% | 50.9% |
| Total Operating Cost | 4.0B | 4.9B | 5.4B | 7.3B | 6.5B | 6.7B | 6.2B | 4.9B | 3.7B | 2.9B | 1.8B | 1.0B | 651.0M |
| Selling Expenses | 892.0M | 1.1B | 1.3B | 1.8B | 1.6B | 2.0B | 2.0B | 1.5B | 1.1B | 925.0M | 489.0M | 273.0M | 187.0M |
| Admin Expenses | 268.0M | 306.0M | 310.0M | 370.0M | 332.0M | 335.0M | 311.0M | 271.0M | 372.0M | 279.0M | 200.0M | 131.0M | 90.1M |
| Rd Expenses | 202.0M | 174.0M | 167.0M | 186.0M | 156.0M | 136.0M | 154.0M | 197.0M | -- | -- | -- | -- | -- |
| Finance Expenses | 6.6M | 47.6M | 67.1M | 29.7M | 2.8M | -2.3M | 3.0M | -2.0M | 3.0M | 2.6M | 1.4M | 1.1M | 666,700 |
| Operating Income | -211.0M | 56.6M | 29.4M | 57.0M | 113.0M | 624.0M | 568.0M | 461.0M | 315.0M | 153.0M | 149.0M | 136.0M | 91.0M |
| Operating Margin % | -5.6% | 1.2% | 0.6% | 0.8% | 1.7% | 8.6% | 8.5% | 8.7% | 7.8% | 5.0% | 7.8% | 11.6% | 12.3% |
| Non Operating Income | 5.2M | 5.2M | 7.2M | 4.1M | 2.1M | 3.5M | 9.0M | 4.3M | 14.5M | 11.9M | 16.2M | 8.2M | 5.4M |
| Non Operating Expenses | 8.2M | 7.1M | 6.4M | 10.1M | 6.2M | 6.1M | 4.4M | 7.7M | 7.5M | 3.1M | 3.2M | 667,600 | 305,100 |
| Investment Income | 8.8M | 3.3M | 28.5M | 14.3M | 36.4M | 57.7M | 102.0M | 30.8M | 2.5M | 2.7M | 2.3M | -- | 4,142 |
| Fair Value Change Income | 17,300 | 1.2M | -- | 1.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 1.8M | 5.4M | 1.1M | -784,400 | -1.0M | -2.1M | -1.1M | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 20.5M | 4.0M | 4.9M | 912,800 | 316,300 | -- | 975,200 | 7.3M | 5.0M | 2.7M | 1.2M | 1.4M | 1.7M |
| Other Income | 32.9M | 49.5M | 46.6M | 48.4M | 44.7M | 50.9M | 54.2M | 37.3M | -- | -- | -- | -- | -- |
| Income Before Tax | -214.0M | 54.7M | 30.3M | 51.0M | 109.0M | 622.0M | 573.0M | 458.0M | 322.0M | 162.0M | 162.0M | 144.0M | 96.0M |
| Income Tax | 660,500 | -10.0M | -15.7M | -38.4M | 8.4M | 92.9M | 95.9M | 77.6M | 66.0M | 22.3M | 32.3M | 27.0M | 20.0M |
| Net Income | -215.0M | 64.7M | 46.0M | 89.4M | 101.0M | 529.0M | 477.0M | 380.0M | 256.0M | 140.0M | 130.0M | 117.0M | 76.0M |
| Net Margin % | -5.7% | 1.3% | 0.9% | 1.2% | 1.6% | 7.3% | 7.2% | 7.1% | 6.4% | 4.5% | 6.8% | 10.0% | 10.2% |
| Net Income Attributable | -215.0M | 64.8M | 46.3M | 89.7M | 101.0M | 528.0M | 477.0M | 380.0M | 256.0M | 140.0M | 130.0M | 117.0M | 76.0M |
| Minority Interest | 411,600 | -171,500 | -291,800 | -260,900 | -704,100 | 223,700 | 9,400 | -- | -- | -- | -- | -- | -- |
| Eps Basic | -1.14 | 0.33 | 0.23 | 0.45 | 0.51 | 2.69 | 2.46 | 2.09 | 3.15 | 1.72 | 1.61 | 1.44 | 0.94 |
| Eps Diluted | -1.14 | 0.33 | 0.23 | 0.45 | 0.51 | 2.68 | 2.43 | 2.07 | 3.15 | 1.72 | 1.61 | 1.44 | 0.94 |
| 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 | 1.9B | 3.0B | 1.6B | 1.4B | 1.0B | 1.5B | 1.6B | 647.0M | 848.0M | 511.0M | 410.0M | 241.0M | 129.0M |
| Trading Financial Assets | 950.0M | 301.0M | 732.0M | 1.1B | 1.1B | 1.1B | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 239.0M | 181.0M | 196.0M | 166.0M | 99.1M | 55.5M | 23.0M | 3.2M | 2.5M | 2.7M | 3.9M | 4.2M | 21.9M |
| Notes Receivable | 4.9M | 7.9M | 7.3M | 20.1M | 21.2M | 7.8M | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 244.0M | 189.0M | 204.0M | 187.0M | 120.0M | 63.3M | 23.0M | 3.2M | 2.5M | 2.7M | 3.9M | 4.2M | 21.9M |
| Prepayments | 22.2M | 38.2M | 33.1M | 37.1M | 60.8M | 52.2M | 43.3M | 34.5M | 35.7M | 39.6M | 40.8M | 36.7M | 27.6M |
| Inventory | 694.0M | 777.0M | 883.0M | 887.0M | 944.0M | 814.0M | 565.0M | 401.0M | 297.0M | 312.0M | 241.0M | 190.0M | 112.0M |
| Total Current Assets | 4.0B | 4.4B | 3.6B | 3.7B | 3.5B | 3.7B | 3.6B | 3.4B | 1.2B | 899.0M | 724.0M | 485.0M | 298.0M |
| Long Term Equity Investment | 3.1M | 4.7M | 7.0M | 5.7M | 11.5M | -- | 580,500 | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 2.0B | 2.0B | 2.0B | 1.8B | 892.0M | 891.0M | 850.0M | 728.0M | 285.0M | 231.0M | 80.4M | 58.9M |
| Fixed Assets Total | 1.8B | 2.0B | 2.0B | 2.0B | 1.8B | 892.0M | 891.0M | 850.0M | 728.0M | 285.0M | 231.0M | 80.4M | 58.9M |
| Construction In Progress | -- | 301.0M | 264.0M | 321.0M | 271.0M | 783.0M | 305.0M | 1.6M | 20.6M | 181.0M | 1.0M | 26.5M | 2.7M |
| Construction In Progress Total | 530.0M | 301.0M | 264.0M | 321.0M | 271.0M | 783.0M | 305.0M | 1.6M | 20.6M | 181.0M | 1.0M | 26.5M | 2.7M |
| Intangible Assets | 1.4B | 1.5B | 1.5B | 531.0M | 481.0M | 418.0M | 290.0M | 120.0M | 79.8M | 81.7M | 83.6M | 15.1M | 15.0M |
| Long Term Deferred Expenses | 42.9M | 55.8M | 67.7M | 65.9M | 56.7M | 94.3M | 101.0M | 72.5M | 73.3M | 104.0M | 88.4M | 69.6M | 21.9M |
| Total Non Current Assets | 4.2B | 4.4B | 4.5B | 4.2B | 2.8B | 2.4B | 1.7B | 1.2B | 934.0M | 695.0M | 418.0M | 204.0M | 101.0M |
| Total Assets | 8.3B | 8.8B | 8.2B | 8.0B | 6.2B | 6.1B | 5.3B | 4.6B | 2.1B | 1.6B | 1.1B | 690.0M | 399.0M |
| Short Term Borrowings | 1.5B | 2.1B | 1.1B | 854.0M | 28.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 370.0M | 391.0M | 504.0M | 774.0M | 691.0M | 833.0M | 549.0M | 511.0M | 383.0M | 254.0M | 168.0M | 58.8M | 36.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.3B | 1.3B | 1.1B | 770.0M | 630.0M | 425.0M | 237.0M | 97.5M |
| Contract Liabilities | 890.0M | 644.0M | 622.0M | 986.0M | 1.3B | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 4.0B | 4.4B | 3.7B | 3.5B | 2.6B | 2.5B | 2.2B | 1.9B | 1.3B | 983.0M | 669.0M | 342.0M | 168.0M |
| Long Term Borrowings | 613.0M | 461.0M | 486.0M | 407.0M | 111.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 887.0M | 808.0M | 926.0M | 883.0M | 179.0M | 57.6M | 26.3M | 2.9M | 337,900 | 763,100 | 1.3M | 6.2M | 6.5M |
| Total Liabilities | 4.9B | 5.2B | 4.6B | 4.4B | 2.7B | 2.6B | 2.3B | 1.9B | 1.3B | 984.0M | 671.0M | 348.0M | 174.0M |
| Paid In Capital | 225.0M | 198.0M | 199.0M | 199.0M | 199.0M | 199.0M | 199.0M | 110.0M | 81.0M | 81.0M | 81.0M | 81.0M | 81.0M |
| Capital Reserve | 1.8B | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B | 1.6B | 35.4M | 35.4M | 35.4M | 35.4M | 35.4M |
| Surplus Reserve | 99.4M | 88.0M | 88.0M | 87.5M | 85.0M | 76.5M | 65.0M | 50.9M | 30.1M | 21.7M | 13.9M | 7.9M | 4.0M |
| Retained Earnings | 1.5B | 1.9B | 1.8B | 1.8B | 1.8B | 1.8B | 1.4B | 1.0B | 688.0M | 473.0M | 341.0M | 217.0M | 104.0M |
| Minority Equity | -342,500 | -754,100 | -582,600 | -290,900 | 30,800 | 734,800 | 509,400 | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 3.4B | 3.6B | 3.6B | 3.6B | 3.5B | 3.5B | 3.0B | 2.6B | 834.0M | 611.0M | 471.0M | 341.0M | 224.0M |
| Total Equity | 3.4B | 3.6B | 3.6B | 3.6B | 3.5B | 3.5B | 3.0B | 2.6B | 834.0M | 611.0M | 471.0M | 341.0M | 224.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 4.4B | 5.5B | 5.5B | 7.8B | 7.5B | 8.2B | 7.9B | 6.5B | 4.8B | 3.8B | 2.4B | 1.5B | 900.0M |
| Tax Refunds Received | 1.0M | 50.1M | 28.0M | 27.5M | 53.5M | 3.7M | 7.4M | 9.4M | 9.5M | 7.9M | 6.2M | 5.6M | 4.1M |
| Total Operating Cash Inflow | 4.5B | 5.6B | 5.6B | 7.9B | 7.7B | 8.3B | 8.0B | 6.6B | 4.9B | 3.8B | 2.4B | 1.5B | 910.0M |
| Cash Paid For Goods | 2.3B | 2.7B | 3.2B | 4.3B | 4.6B | 4.2B | 3.9B | 2.9B | 2.0B | 1.7B | 1.0B | 709.0M | 436.0M |
| Cash Paid To Employees | 1.1B | 1.3B | 1.5B | 1.9B | 1.6B | 1.6B | 1.7B | 1.4B | 1.1B | 871.0M | 463.0M | 288.0M | 177.0M |
| Taxes Paid | 314.0M | 372.0M | 365.0M | 419.0M | 449.0M | 571.0M | 512.0M | 489.0M | 399.0M | 290.0M | 181.0M | 120.0M | 77.1M |
| Total Operating Cash Outflow | 4.1B | 4.8B | 5.6B | 7.4B | 7.5B | 7.7B | 7.3B | 5.7B | 4.2B | 3.4B | 2.0B | 1.3B | 805.0M |
| Operating Cash Flow | 343.0M | 799.0M | 46.8M | 539.0M | 132.0M | 619.0M | 650.0M | 879.0M | 718.0M | 455.0M | 416.0M | 222.0M | 105.0M |
| Total Investing Cash Inflow | 2.5B | 1.9B | 6.8B | 8.5B | 8.7B | 11.6B | 9.5B | 3.6B | 663.0M | 596.0M | 291.0M | 42,500 | 139,700 |
| Total Investing Cash Outflow | 3.6B | 2.1B | 6.7B | 9.6B | 9.3B | 12.2B | 9.1B | 6.2B | 1.0B | 956.0M | 539.0M | 110.0M | 58.8M |
| Investing Cash Flow | -1.1B | -155.0M | 104.0M | -1.1B | -592.0M | -629.0M | 451.0M | -2.6B | -340.0M | -360.0M | -247.0M | -110.0M | -58.6M |
| Cash From Borrowings | 1.7B | 2.1B | 1.2B | 1.1B | 139.0M | -- | 150.0M | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 247.0M | 125.0M | 80.0M | 57.3M | 120.0M | 119.0M | 111.0M | -- | 32.0M | 4.5M | -- | -- | 10.5M |
| Debt Repayments | 2.1B | 1.1B | 854.0M | 1.1M | -- | -- | 150.0M | 0.00 | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 3.8B | 2.6B | 1.2B | 1.1B | 151.0M | -- | 166.0M | 1.5B | -- | -- | -- | -- | -- |
| Total Financing Cash Outflow | 3.7B | 3.5B | 1.3B | 388.0M | 188.0M | 123.0M | 261.0M | 12.3M | 32.0M | 4.5M | -- | -- | 10.5M |
| Financing Cash Flow | 94.3M | -875.0M | -107.0M | 742.0M | -36.7M | -123.0M | -95.3M | 1.5B | -32.0M | -4.5M | -- | -- | -10.5M |
| Net Change In Cash | -644.0M | -231.0M | 48.3M | 226.0M | -502.0M | -132.0M | 1.0B | -206.0M | 346.0M | 90.4M | 169.0M | 112.0M | 35.8M |
| Ending Cash Balance | 413.0M | 1.1B | 1.3B | 1.2B | 1.0B | 1.5B | 1.6B | 640.0M | 846.0M | 500.0M | 410.0M | 241.0M | 129.0M |
| Capex | 237.0M | 696.0M | 226.0M | 1.1B | 592.0M | 803.0M | 635.0M | 402.0M | 352.0M | 355.0M | 251.0M | 110.0M | 58.8M |