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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.2B | 1.3B | 1.1B | 1.2B | 841.0M | 883.0M | 411.0M | 379.0M | 298.0M | 160.0M | 70.8M | 36.8M |
| Revenue Growth % | 62.2% | 21.7% | -9.0% | 43.3% | -4.8% | 114.8% | 8.4% | 27.2% | 86.2% | 126.1% | 92.5% | -- |
| Total Revenue | 2.2B | 1.3B | 1.1B | 1.2B | 841.0M | 883.0M | 411.0M | 379.0M | 298.0M | 160.0M | 70.8M | 36.8M |
| Cost Of Revenue | 1.6B | 971.0M | 788.0M | 853.0M | 593.0M | 701.0M | 302.0M | 269.0M | 203.0M | 107.0M | 56.3M | 33.3M |
| Gross Profit | 572.0M | 364.0M | 309.0M | 352.0M | 248.0M | 182.0M | 109.0M | 110.0M | 95.0M | 53.0M | 14.5M | 3.4M |
| Gross Margin % | 26.4% | 27.3% | 28.2% | 29.2% | 29.5% | 20.6% | 26.5% | 29.0% | 31.9% | 33.1% | 20.5% | 9.3% |
| Total Operating Cost | 2.1B | 1.2B | 986.0M | 1.0B | 700.0M | 785.0M | 364.0M | 308.0M | 238.0M | 129.0M | 65.8M | 37.3M |
| Selling Expenses | 27.4M | 17.9M | 17.6M | 19.2M | 13.9M | 14.5M | 12.9M | 10.7M | 12.8M | 7.9M | 1.8M | 139,100 |
| Admin Expenses | 62.3M | 42.3M | 39.7M | 33.1M | 22.2M | 20.3M | 17.9M | 9.5M | 21.8M | 12.4M | 7.1M | 3.0M |
| Rd Expenses | 66.6M | 25.8M | 40.3M | 40.7M | 21.5M | 23.5M | 23.8M | 15.4M | -- | -- | -- | -- |
| Finance Expenses | 224.0M | 139.0M | 79.4M | 83.3M | 44.6M | 19.3M | 3.2M | 255,500 | -310,000 | 779,400 | 8,900 | 600.00 |
| Operating Income | 126.0M | 161.0M | 140.0M | 160.0M | 177.0M | 107.0M | 58.1M | 71.1M | 59.9M | 31.2M | 5.0M | -500,000 |
| Operating Margin % | 5.8% | 12.1% | 12.8% | 13.3% | 21.0% | 12.1% | 14.1% | 18.8% | 20.1% | 19.5% | 7.0% | -1.4% |
| Non Operating Income | 146,200 | 1.1M | 1.7M | 1.2M | 1.1M | 10.7M | 9.9M | 2.2M | 4.8M | 206,300 | 174,700 | -- |
| Non Operating Expenses | 252,400 | 618,100 | 3.5M | 1.3M | 1.1M | 536,000 | 21,700 | 11,900 | 19,000 | -- | 6,400 | 4,700 |
| Investment Income | 10.6M | 3.6M | 13.2M | -14.5M | 35.0M | 3.9M | 6.9M | -- | -- | -- | -- | -- |
| Fair Value Change Income | -1.8M | 1.8M | 3.1M | 541,400 | 459,800 | 26,800 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 2.0M | 3.3M | -536,700 | 19,200 | 75,400 | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 23.2M | -- | -- | -397,800 | 397,800 | -- | 3.7M | 2.6M | 1.0M | 689,800 | 364,000 | 178,300 |
| Other Income | 14.5M | 32.3M | 13.3M | 6.6M | 1.8M | 5.3M | 4.0M | -- | -- | -- | -- | -- |
| Income Before Tax | 126.0M | 162.0M | 138.0M | 160.0M | 177.0M | 117.0M | 68.0M | 73.3M | 64.6M | 31.4M | 5.1M | -504,700 |
| Income Tax | -1.3M | 16.9M | -26.5M | 17.0M | 19.2M | 12.9M | 10.0M | 10.5M | 9.0M | 4.6M | 1.1M | -173,100 |
| Net Income | 127.0M | 145.0M | 165.0M | 143.0M | 158.0M | 104.0M | 57.9M | 62.7M | 55.6M | 26.8M | 4.0M | -331,600 |
| Net Margin % | 5.9% | 10.9% | 15.0% | 11.9% | 18.8% | 11.8% | 14.1% | 16.6% | 18.6% | 16.8% | 5.6% | -0.9% |
| Net Income Attributable | 124.0M | 141.0M | 166.0M | 145.0M | 157.0M | 104.0M | 57.9M | 62.7M | 55.6M | 26.8M | 4.0M | -331,600 |
| Minority Interest | 3.2M | 3.5M | -953,500 | -1.2M | 1.5M | 661,400 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.13 | 0.15 | 0.20 | 0.21 | 0.43 | 0.52 | 0.50 | 1.28 | 1.17 | 0.67 | 0.48 | -- |
| Eps Diluted | 0.13 | 0.15 | 0.20 | 0.21 | 0.43 | 0.52 | 0.50 | 1.28 | 1.17 | 0.67 | 0.12 | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 243.0M | 436.0M | 518.0M | 670.0M | 255.0M | 56.7M | 311.0M | 32.5M | 19.7M | 16.8M | 1.7M | 214,900 |
| Trading Financial Assets | -- | -- | 3.1M | -- | -- | 6.6M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 633.0M | 331.0M | 292.0M | 316.0M | 237.0M | 137.0M | 123.0M | 94.7M | 63.0M | 32.7M | 14.6M | 6.5M |
| Notes Receivable | 253,200 | 857,500 | 5.1M | 1.1M | 11.2M | 1.1M | -- | 882,700 | 9.7M | -- | -- | -- |
| Notes And Accounts Receivable | 633.0M | 332.0M | 298.0M | 317.0M | 248.0M | 138.0M | 123.0M | 95.6M | 72.7M | 32.7M | 14.6M | 6.5M |
| Prepayments | 109.0M | 110.0M | 29.8M | 15.4M | 76.7M | 100.0M | 36.4M | 19.9M | 14.7M | 10.6M | 902,000 | 1.8M |
| Inventory | 55.4M | 5.8M | 152,000 | 2.9M | 653,700 | -- | 119.0M | 94,000 | 3.9M | -- | -- | -- |
| Total Current Assets | 1.7B | 1.2B | 1.0B | 1.1B | 690.0M | 368.0M | 654.0M | 166.0M | 119.0M | 67.7M | 20.5M | 8.7M |
| Long Term Equity Investment | 193.0M | 138.0M | 89.2M | 62.3M | 76.9M | 56.2M | 37.5M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 4.2B | 1.3B | 1.0B | 1.2B | 544.0M | 219.0M | 96.3M | 74.1M | 30.3M | 9.5M | 1.2M |
| Fixed Assets Total | 6.3B | 4.2B | 1.3B | 1.0B | 1.2B | 544.0M | 219.0M | 96.3M | 74.1M | 30.3M | 9.5M | 1.2M |
| Construction In Progress | -- | 992.0M | 2.5B | 1.3B | 47.9M | 103.0M | 29.2M | 85.4M | 30.6M | 22.1M | -- | -- |
| Construction In Progress Total | 1.5B | 992.0M | 2.5B | 1.3B | 47.9M | 103.0M | 29.2M | 85.4M | 30.6M | 22.1M | -- | -- |
| Intangible Assets | 1.1B | 1.1B | 825.0M | 847.0M | 557.0M | 8.5M | 2.3M | 468,600 | 630,800 | 240,600 | 79,100 | -- |
| Long Term Deferred Expenses | 71.8M | 83.9M | 90.1M | 104.0M | 119.0M | 131.0M | 39.1M | 31.2M | 17.7M | 8.1M | 2.4M | -- |
| Total Non Current Assets | 10.0B | 7.4B | 6.0B | 4.3B | 2.2B | 1.3B | 427.0M | 218.0M | 129.0M | 62.9M | 12.4M | 2.0M |
| Total Assets | 11.7B | 8.6B | 7.0B | 5.4B | 2.9B | 1.6B | 1.1B | 385.0M | 248.0M | 131.0M | 32.9M | 10.7M |
| Short Term Borrowings | 1.5B | 1.2B | 1.3B | 919.0M | 611.0M | 270.0M | 234.0M | 46.6M | 1.2M | -- | 4.0M | -- |
| Accounts Payable | 1.0B | 232.0M | 263.0M | 300.0M | 119.0M | 165.0M | 72.6M | 42.8M | 26.2M | 34.4M | 13.4M | 9.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 37.0M | 5.8M | 2.4M | 3.3M | 2.6M | 1.6M | 197,000 |
| Contract Liabilities | 8.8M | 75.1M | 17.0M | 18.1M | 61.9M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.5B | 2.2B | 2.1B | 1.5B | 1.1B | 531.0M | 443.0M | 123.0M | 38.9M | 39.8M | 20.8M | 11.6M |
| Long Term Borrowings | 2.3B | 1.4B | 1.3B | 730.0M | 379.0M | 258.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 4.9B | 3.3B | 3.1B | 2.3B | 521.0M | 410.0M | 66.5M | 2.2M | 1.3M | -- | -- | -- |
| Total Liabilities | 8.3B | 5.5B | 5.2B | 3.9B | 1.6B | 942.0M | 510.0M | 125.0M | 40.1M | 39.8M | 20.8M | 11.6M |
| Paid In Capital | 978.0M | 954.0M | 691.0M | 382.0M | 212.0M | 117.0M | 65.3M | 48.9M | 48.9M | 11.4M | 10.0M | 1.0M |
| Capital Reserve | 1.4B | 1.2B | 227.0M | 494.0M | 643.0M | 268.0M | 320.0M | 81.1M | 81.1M | 51.3M | 826,200 | -- |
| Surplus Reserve | 107.0M | 106.0M | 83.9M | 61.0M | 35.3M | 23.7M | 15.4M | 12.1M | 7.8M | 3.2M | 414,600 | -- |
| Retained Earnings | 837.0M | 734.0M | 635.0M | 509.0M | 406.0M | 273.0M | 169.0M | 118.0M | 69.5M | 24.9M | 882,500 | -1.9M |
| Minority Equity | 31.9M | 20.0M | 7.1M | 2.0M | 3.3M | 2.0M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 3.3B | 3.1B | 1.7B | 1.6B | 1.3B | 686.0M | 571.0M | 259.0M | 208.0M | 90.8M | 12.1M | -873,300 |
| Total Equity | 3.4B | 3.1B | 1.8B | 1.6B | 1.3B | 688.0M | 571.0M | 259.0M | 208.0M | 90.8M | 12.1M | -873,300 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 2.1B | 1.4B | 1.2B | 1.2B | 924.0M | 664.0M | 432.0M | 359.0M | 277.0M | 152.0M | 66.4M | 31.0M |
| Tax Refunds Received | 3.9M | 50.0M | 98.1M | 21.6M | 33.0M | 4.9M | 10.2M | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 2.6B | 1.7B | 1.3B | 1.2B | 960.0M | 789.0M | 457.0M | 361.0M | 283.0M | 152.0M | 66.4M | 32.8M |
| Cash Paid For Goods | 1.4B | 843.0M | 636.0M | 686.0M | 534.0M | 581.0M | 358.0M | 254.0M | 207.0M | 113.0M | 57.3M | 27.2M |
| Cash Paid To Employees | 104.0M | 68.9M | 63.7M | 54.5M | 44.8M | 40.1M | 38.3M | 27.0M | 16.9M | 8.3M | 3.4M | 1.3M |
| Taxes Paid | 12.9M | 16.3M | 2.8M | 4.9M | 12.1M | 478,000 | 10.7M | 7.8M | 7.3M | 4.5M | 1.4M | 921,500 |
| Total Operating Cash Outflow | 1.8B | 1.1B | 979.0M | 847.0M | 766.0M | 653.0M | 519.0M | 312.0M | 251.0M | 138.0M | 66.6M | 31.0M |
| Operating Cash Flow | 715.0M | 655.0M | 329.0M | 385.0M | 194.0M | 136.0M | -61.7M | 49.4M | 31.8M | 14.1M | -174,200 | 1.8M |
| Total Investing Cash Inflow | 78.0M | 58.9M | 32.6M | 595,900 | 32.8M | 69.5M | 6.9M | -- | -- | -- | -- | 6,500 |
| Total Investing Cash Outflow | 2.8B | 2.0B | 1.7B | 1.9B | 1.1B | 626.0M | 245.0M | 72.3M | 91.9M | 47.3M | 11.4M | 2.0M |
| Investing Cash Flow | -2.8B | -1.9B | -1.7B | -1.9B | -1.1B | -556.0M | -238.0M | -72.3M | -91.9M | -47.3M | -11.4M | -2.0M |
| Cash From Borrowings | 4.7B | 2.8B | 2.9B | 2.5B | 927.0M | 918.0M | 324.0M | 75.1M | 1.2M | 12.0M | 4.0M | -- |
| Dividends And Interest Paid | 228.0M | 177.0M | 141.0M | 102.0M | 53.1M | 40.2M | 6.6M | 10.9M | 6.4M | 849,800 | 700.00 | -- |
| Debt Repayments | 2.4B | 2.5B | 1.4B | 1.3B | 404.0M | 614.0M | 86.6M | 29.6M | -- | 16.0M | -- | -- |
| Total Financing Cash Inflow | 4.7B | 4.1B | 3.0B | 3.2B | 1.4B | 918.0M | 581.0M | 75.1M | 70.0M | 65.2M | 13.0M | -- |
| Total Financing Cash Outflow | 2.8B | 2.7B | 1.8B | 1.5B | 467.0M | 658.0M | 94.2M | 44.8M | 9.2M | 16.9M | 687.55 | -- |
| Financing Cash Flow | 1.9B | 1.4B | 1.2B | 1.7B | 939.0M | 260.0M | 487.0M | 30.3M | 60.8M | 48.4M | 13.0M | -- |
| Net Change In Cash | -98.0M | 67.9M | -196.0M | 158.0M | 64.7M | -159.0M | 190.0M | 6.4M | 1.1M | 15.2M | 1.5M | -165,800 |
| Ending Cash Balance | 51.9M | 150.0M | 82.1M | 278.0M | 120.0M | 54.8M | 214.0M | 24.3M | 18.0M | 16.8M | 1.7M | 214,900 |
| Capex | 2.6B | 1.5B | 1.7B | 1.5B | 722.0M | 392.0M | 151.0M | 72.3M | 91.9M | 47.3M | 11.4M | 2.0M |