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 | 8.2B | 7.7B | 5.6B | 4.1B | 2.7B | 1.9B | 1.2B | 563.0M | 344.0M | 326.0M | 292.0M | 123.0M | 117.0M |
| Revenue Growth % | 6.1% | 36.7% | 37.4% | 49.7% | 43.3% | 53.3% | 121.8% | 63.7% | 5.5% | 11.6% | 137.4% | 5.1% | -- |
| Total Revenue | 8.2B | 7.7B | 5.6B | 4.1B | 2.7B | 1.9B | 1.2B | 563.0M | 344.0M | 326.0M | 292.0M | 123.0M | 117.0M |
| Cost Of Revenue | 6.6B | 6.0B | 4.5B | 3.1B | 2.0B | 1.4B | 959.0M | 412.0M | 247.0M | 236.0M | 215.0M | 89.0M | 83.6M |
| Gross Profit | 1.6B | 1.7B | 1.1B | 990.0M | 777.0M | 511.0M | 290.0M | 151.0M | 97.0M | 90.0M | 77.0M | 34.0M | 33.4M |
| Gross Margin % | 19.3% | 22.6% | 20.2% | 24.1% | 28.3% | 26.7% | 23.2% | 26.8% | 28.2% | 27.6% | 26.4% | 27.7% | 28.6% |
| Total Operating Cost | 7.8B | 7.2B | 5.4B | 3.8B | 2.5B | 1.8B | 1.2B | 523.0M | 307.0M | 293.0M | 266.0M | 119.0M | 111.0M |
| Selling Expenses | 193.0M | 229.0M | 169.0M | 132.0M | 101.0M | 86.5M | 45.0M | 28.2M | 13.9M | 12.4M | 10.9M | 8.3M | 7.0M |
| Admin Expenses | 178.0M | 172.0M | 92.4M | 86.1M | 81.6M | 46.4M | 34.7M | 19.1M | 42.8M | 43.7M | 36.3M | 19.9M | 17.7M |
| Rd Expenses | 687.0M | 708.0M | 565.0M | 429.0M | 288.0M | 197.0M | 111.0M | 50.9M | -- | -- | -- | -- | -- |
| Finance Expenses | 27.6M | 30.3M | 49.2M | 13.3M | 33.5M | -562,700 | 4.2M | 2.3M | 1.0M | -118,600 | 1.4M | 1.6M | 2.1M |
| Operating Income | 670.0M | 624.0M | 356.0M | 414.0M | 307.0M | 184.0M | 96.9M | 47.6M | 37.1M | 33.3M | 26.4M | 3.8M | 5.7M |
| Operating Margin % | 8.2% | 8.1% | 6.3% | 10.1% | 11.2% | 9.6% | 7.8% | 8.4% | 10.8% | 10.2% | 9.1% | 3.1% | 4.9% |
| Non Operating Income | 2.5M | 10,100 | 9,000 | 18,000 | 59,800 | -- | 5,700 | -- | 7.9M | 6.6M | 3.2M | 2.9M | 1.2M |
| Non Operating Expenses | 2.4M | 1.0M | 1.2M | 1.3M | 872,700 | 1.1M | 602,700 | 900.00 | -- | 33,400 | 37,300 | 30,300 | 91,100 |
| Investment Income | 163.0M | 5.7M | 47.4M | 31.3M | 18.8M | 478,200 | 2.5M | 2.5M | -3,301 | 213,700 | -31,900 | 298,800 | 45,100 |
| Fair Value Change Income | 2.0M | -- | -- | -- | 19,400 | 3.6M | 9.0M | -- | -- | -- | -- | -145,400 | -134,600 |
| Asset Disposal Income | 112,300 | 102,600 | -6,800 | -47,700 | -- | -- | -- | -40,900 | -13,000 | -- | -- | -- | -- |
| Asset Impairment Loss | 46.4M | 37.7M | 8.7M | 8.6M | 7.3M | 12.8M | 22.4M | 8.3M | 1.3M | 114,600 | 617,300 | -357,400 | -121,800 |
| Other Income | 86.6M | 61.0M | 69.4M | 69.8M | 37.2M | 30.1M | 17.2M | 5.1M | -- | -- | -- | -- | -- |
| Income Before Tax | 670.0M | 623.0M | 355.0M | 413.0M | 306.0M | 182.0M | 96.3M | 47.6M | 45.0M | 39.9M | 29.6M | 6.7M | 6.8M |
| Income Tax | -6.4M | 58.1M | -9.6M | 11.8M | 22.7M | 12.4M | 9.5M | 3.7M | 4.7M | 5.0M | 4.4M | -85,900 | 15,000 |
| Net Income | 677.0M | 565.0M | 365.0M | 401.0M | 284.0M | 170.0M | 86.8M | 43.9M | 40.3M | 34.9M | 25.2M | 6.8M | 6.8M |
| Net Margin % | 8.3% | 7.3% | 6.5% | 9.8% | 10.3% | 8.9% | 6.9% | 7.8% | 11.7% | 10.7% | 8.6% | 5.5% | 5.8% |
| Net Income Attributable | 668.0M | 564.0M | 365.0M | 401.0M | 284.0M | 170.0M | 86.8M | 43.9M | 40.3M | 34.9M | 25.2M | 6.8M | 6.8M |
| Minority Interest | 8.9M | 1.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.88 | 0.74 | 0.49 | 0.65 | 0.69 | 0.78 | 0.72 | 0.38 | 0.67 | 0.58 | 0.42 | -- | -- |
| Eps Diluted | 0.87 | 0.74 | 0.49 | 0.65 | 0.69 | 0.78 | 0.72 | 0.38 | 0.67 | -- | -- | -- | -- |
| 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 | 1.1B | 1.0B | 864.0M | 482.0M | 505.0M | 650.0M | 265.0M | 82.8M | 119.0M | 74.5M | 42.3M | 14.0M | 24.1M |
| Trading Financial Assets | 374.0M | -- | -- | -- | 235.0M | 290.0M | -- | -- | -- | -- | -- | 2.3M | 2.1M |
| Accounts Receivable | 1.9B | 1.9B | 2.2B | 1.1B | 651.0M | 548.0M | 338.0M | 195.0M | 55.1M | 35.2M | 35.4M | 19.8M | 24.7M |
| Notes Receivable | 119.0M | 86.5M | 62.0M | 77.1M | 33.4M | 85.5M | 77.6M | 56.8M | 53.8M | 33.1M | 12.8M | 2.7M | 9.4M |
| Notes And Accounts Receivable | 2.1B | 2.0B | 2.3B | 1.2B | 685.0M | 633.0M | 416.0M | 252.0M | 109.0M | 68.3M | 48.2M | 22.5M | 34.1M |
| Prepayments | 34.2M | 18.3M | 5.0M | 7.2M | 14.1M | 13.9M | 1.3M | 2.5M | -- | -- | 65,400 | -- | 63,200 |
| Inventory | 980.0M | 1.3B | 1.1B | 807.0M | 514.0M | 178.0M | 104.0M | 80.0M | 31.1M | 30.5M | 34.1M | 19.4M | 12.5M |
| Total Current Assets | 6.3B | 5.5B | 5.0B | 3.3B | 2.3B | 1.9B | 911.0M | 554.0M | 262.0M | 185.0M | 145.0M | 81.4M | 97.9M |
| Long Term Equity Investment | 57.3M | 60.5M | 63.1M | 295.0M | 269.0M | 1.0M | 639,900 | 445,000 | 378,800 | 382,100 | 375,600 | -- | -- |
| Fixed Assets | -- | 152.0M | 184.0M | 94.7M | 58.7M | 33.4M | 22.0M | 13.0M | 8.9M | 8.9M | 4.2M | 2.6M | 2.6M |
| Fixed Assets Total | 79.0M | 152.0M | 184.0M | 94.7M | 58.7M | 33.4M | 22.0M | 13.0M | 8.9M | 8.9M | 4.2M | 2.6M | 2.6M |
| Construction In Progress | -- | 66.7M | 53.8M | 34.3M | 21.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | 92.9M | 66.7M | 53.8M | 34.3M | 21.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 334.0M | 422.0M | 419.0M | 187.0M | 169.0M | 47.4M | 15.3M | 13.5M | 1.6M | 1.4M | 984,800 | 1.1M | 1.4M |
| Long Term Deferred Expenses | 66.3M | 98.0M | 96.4M | 81.1M | 38.5M | 18.1M | 8.7M | 458,700 | 534,500 | -- | 71,100 | 498,000 | 924,800 |
| Total Non Current Assets | 1.3B | 1.6B | 1.4B | 921.0M | 642.0M | 201.0M | 91.4M | 60.1M | 13.6M | 11.3M | 6.6M | 4.9M | 5.6M |
| Total Assets | 7.5B | 7.1B | 6.4B | 4.2B | 2.9B | 2.1B | 1.0B | 614.0M | 275.0M | 196.0M | 152.0M | 86.3M | 104.0M |
| Short Term Borrowings | 672.0M | 274.0M | 689.0M | 497.0M | 75.0M | 91.5M | 177.0M | 53.6M | 13.6M | 5.1M | 4.3M | 17.8M | 38.4M |
| Accounts Payable | 1.7B | 1.7B | 1.7B | 1.0B | 975.0M | 469.0M | 255.0M | 121.0M | 84.8M | 36.9M | 26.6M | 11.8M | 11.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.1M | 1.6M | 3.6M | 2.4M | 5.9M | 7.9M | 663,500 | 2.2M |
| Contract Liabilities | 27.9M | 49.4M | 67.1M | 16.9M | 2.1M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.6B | 3.3B | 3.2B | 2.2B | 1.4B | 748.0M | 548.0M | 240.0M | 128.0M | 84.3M | 62.4M | 54.5M | 59.9M |
| Long Term Borrowings | 190.0M | 394.0M | 600.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 289.0M | 652.0M | 769.0M | 43.8M | 5.5M | 3.1M | 6.9M | 5.7M | 5.0M | 18,000 | 1.8M | 2.0M | 600,000 |
| Total Liabilities | 3.9B | 4.0B | 4.0B | 2.3B | 1.4B | 751.0M | 555.0M | 246.0M | 133.0M | 84.4M | 64.2M | 56.5M | 60.5M |
| Paid In Capital | 766.0M | 766.0M | 632.0M | 414.0M | 242.0M | 134.0M | 121.0M | 80.0M | 60.0M | 60.0M | 60.0M | 5.0M | 5.0M |
| Capital Reserve | 690.0M | 689.0M | 629.0M | 656.0M | 762.0M | 849.0M | 149.0M | 172.0M | 9.3M | 9.3M | 5.3M | 900.00 | 900.00 |
| Surplus Reserve | 195.0M | 167.0M | 127.0M | 96.0M | 62.0M | 34.6M | 17.2M | 11.4M | 8.6M | 4.9M | 1.6M | 3.6M | 3.4M |
| Retained Earnings | 1.9B | 1.5B | 1.0B | 797.0M | 502.0M | 299.0M | 176.0M | 105.0M | 64.1M | 37.4M | 20.8M | 21.3M | 34.7M |
| Minority Equity | 8.6M | -4.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 3.6B | 3.1B | 2.4B | 2.0B | 1.6B | 1.3B | 448.0M | 368.0M | 143.0M | 112.0M | 87.7M | 29.8M | 43.0M |
| Total Equity | 3.6B | 3.1B | 2.4B | 2.0B | 1.6B | 1.3B | 448.0M | 368.0M | 143.0M | 112.0M | 87.7M | 29.8M | 43.0M |
| 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 | 7.7B | 7.8B | 5.1B | 3.4B | 2.8B | 1.8B | 1.1B | 484.0M | 323.0M | 319.0M | 302.0M | 134.0M | 119.0M |
| Tax Refunds Received | 414.0M | 436.0M | 480.0M | 292.0M | 272.0M | 205.0M | 46.9M | 7.6M | 13.7M | 13.6M | 7.0M | 2.1M | 853,500 |
| Total Operating Cash Inflow | 8.1B | 8.3B | 5.6B | 3.7B | 3.1B | 2.0B | 1.2B | 502.0M | 346.0M | 340.0M | 336.0M | 175.0M | 166.0M |
| Cash Paid For Goods | 6.5B | 6.5B | 4.4B | 3.4B | 2.2B | 1.4B | 996.0M | 510.0M | 221.0M | 225.0M | 236.0M | 95.2M | 91.6M |
| Cash Paid To Employees | 788.0M | 822.0M | 612.0M | 460.0M | 317.0M | 197.0M | 112.0M | 61.2M | 42.9M | 33.4M | 22.2M | 19.5M | 12.4M |
| Taxes Paid | 190.0M | 183.0M | 191.0M | 122.0M | 97.2M | 59.5M | 34.0M | 19.9M | 10.7M | 12.0M | 12.3M | 5.9M | 5.3M |
| Total Operating Cash Outflow | 7.7B | 7.7B | 5.3B | 4.2B | 2.8B | 1.8B | 1.2B | 624.0M | 297.0M | 293.0M | 287.0M | 160.0M | 160.0M |
| Operating Cash Flow | 440.0M | 654.0M | 300.0M | -422.0M | 337.0M | 223.0M | -8.9M | -123.0M | 48.8M | 46.2M | 48.5M | 16.0M | 5.4M |
| Total Investing Cash Inflow | 779.0M | 447.0M | 543.0M | 290.0M | 4.0B | 300.0M | 367.0M | 255.0M | 2.0M | 10.2M | 2.3M | 4.6M | 108,500 |
| Total Investing Cash Outflow | 1.3B | 730.0M | 722.0M | 263.0M | 4.2B | 976.0M | 311.0M | 383.0M | 4.5M | 8.2M | 13.3M | 5.6M | 1.7M |
| Investing Cash Flow | -479.0M | -283.0M | -179.0M | 27.0M | -133.0M | -676.0M | 56.0M | -129.0M | -2.5M | 2.0M | -10.9M | -974,400 | -1.6M |
| Cash From Borrowings | 1.3B | 980.0M | 1.5B | 949.0M | 214.0M | 150.0M | 196.0M | 51.3M | 15.1M | 5.2M | 47.5M | 19.5M | 49.0M |
| Dividends And Interest Paid | 335.0M | 107.0M | 109.0M | 82.4M | 60.4M | 36.3M | 17.7M | 751,900 | 10.8M | 15.3M | 22.6M | 1.9M | 1.6M |
| Debt Repayments | 1.3B | 1.2B | 1.2B | 527.0M | 230.0M | 235.0M | 75.5M | 16.6M | 6.6M | 4.3M | 61.0M | 40.0M | 32.2M |
| Total Financing Cash Inflow | 1.4B | 1.2B | 1.5B | 988.0M | 220.0M | 874.0M | 219.0M | 234.0M | 25.2M | 5.2M | 75.0M | 19.5M | 49.0M |
| Total Financing Cash Outflow | 1.7B | 1.4B | 1.3B | 641.0M | 317.0M | 272.0M | 106.0M | 22.7M | 18.1M | 21.7M | 93.1M | 44.0M | 36.6M |
| Financing Cash Flow | -244.0M | -209.0M | 237.0M | 348.0M | -97.4M | 602.0M | 112.0M | 211.0M | 7.1M | -16.5M | -18.0M | -24.5M | 12.4M |
| Net Change In Cash | -268.0M | 162.0M | 382.0M | -45.1M | 92.8M | 145.0M | 169.0M | -41.8M | 52.4M | 30.9M | 18.9M | -9.2M | 16.2M |
| Ending Cash Balance | 710.0M | 978.0M | 817.0M | 434.0M | 479.0M | 386.0M | 241.0M | 72.6M | 114.0M | 62.0M | 31.0M | 12.1M | 21.3M |
| Capex | 124.0M | 156.0M | 173.0M | 197.0M | 196.0M | 122.0M | 29.7M | 11.7M | 4.5M | 8.2M | 2.9M | 952,400 | 1.7M |