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 | 1.6B | 2.3B | 1.9B | 1.2B | 615.0M | 614.0M | 466.0M | 375.0M | 298.0M | 214.0M | 152.0M | 74.6M |
| Revenue Growth % | -30.0% | 21.1% | 60.1% | 90.6% | 0.2% | 31.8% | 24.3% | 25.8% | 39.3% | 40.8% | 103.7% | -- |
| Total Revenue | 1.6B | 2.3B | 1.9B | 1.2B | 615.0M | 614.0M | 466.0M | 375.0M | 298.0M | 214.0M | 152.0M | 74.6M |
| Cost Of Revenue | 1.0B | 1.3B | 1.0B | 625.0M | 338.0M | 338.0M | 256.0M | 201.0M | 186.0M | 126.0M | 107.0M | 39.2M |
| Gross Profit | 548.0M | 987.0M | 866.0M | 547.0M | 277.0M | 276.0M | 210.0M | 174.0M | 112.0M | 88.0M | 45.0M | 35.4M |
| Gross Margin % | 34.5% | 43.5% | 46.2% | 46.7% | 45.0% | 45.0% | 45.1% | 46.4% | 37.6% | 41.1% | 29.6% | 47.4% |
| Total Operating Cost | 1.2B | 1.5B | 1.2B | 708.0M | 411.0M | 413.0M | 307.0M | 246.0M | 250.0M | 221.0M | 162.0M | 81.2M |
| Selling Expenses | 10.4M | 9.1M | 6.5M | 5.2M | 3.9M | 4.4M | 3.8M | 3.0M | 2.5M | 2.4M | 2.8M | 1.9M |
| Admin Expenses | 51.6M | 58.7M | 51.2M | 36.5M | 27.2M | 32.4M | 24.8M | 24.1M | 33.4M | 70.5M | 19.1M | 16.4M |
| Rd Expenses | 86.6M | 83.4M | 58.2M | 43.4M | 23.9M | 20.9M | 6.2M | 10.5M | 4.1M | -- | -- | -- |
| Finance Expenses | -54.8M | -73.0M | -16.7M | -10.5M | -5.8M | -1.0M | -2.1M | -781,100 | 2.8M | 17.0M | 26.8M | 19.4M |
| Operating Income | 437.0M | 865.0M | 716.0M | 475.0M | 232.0M | 226.0M | 175.0M | 144.0M | 49.8M | -7.0M | 3.8M | 13.0M |
| Operating Margin % | 27.5% | 38.1% | 38.2% | 40.5% | 37.7% | 36.8% | 37.6% | 38.4% | 16.7% | -3.3% | 2.5% | 17.5% |
| Non Operating Income | 100,100 | 34,200 | 2.1M | 3.7M | 600.00 | 407,900 | 1.0M | 2.6M | 10.6M | 3.9M | 3.0M | 2.5M |
| Non Operating Expenses | 2.0M | 798,700 | 1.1M | 1.8M | 107,000 | 28,300 | 491,600 | 1.1M | 2.1M | 39,500 | 365,100 | 774,100 |
| Investment Income | 20.9M | 8.9M | 496,300 | -- | 14.4M | 9.4M | 3.5M | 2.3M | 1.8M | 201,500 | 13.7M | 19.6M |
| Fair Value Change Income | 2.7M | -- | 317,200 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -29,500 | -- | -- | 114,100 | -13,800 | 10,300 | -792,000 | -629,600 | -329,100 | -- | -- | -- |
| Asset Impairment Loss | 38.1M | 34.2M | 17.4M | 9.8M | 6.0M | 5.4M | 15.1M | 5.7M | 19.8M | 4.5M | 6.3M | 4.3M |
| Other Income | 56.8M | 50.0M | 7.0M | 10.1M | 13.8M | 15.8M | 13.2M | 13.7M | -- | -- | -- | -- |
| Income Before Tax | 435.0M | 864.0M | 717.0M | 477.0M | 232.0M | 226.0M | 175.0M | 146.0M | 58.3M | -3.2M | 6.4M | 14.8M |
| Income Tax | 54.8M | 117.0M | 92.3M | 64.6M | 27.4M | 33.9M | 25.7M | 23.5M | 9.1M | 7.6M | 697,500 | 1.0M |
| Net Income | 380.0M | 747.0M | 625.0M | 412.0M | 204.0M | 192.0M | 150.0M | 123.0M | 49.1M | -10.8M | 5.8M | 13.8M |
| Net Margin % | 23.9% | 32.9% | 33.3% | 35.2% | 33.2% | 31.3% | 32.2% | 32.8% | 16.5% | -5.0% | 3.8% | 18.4% |
| Net Income Attributable | 380.0M | 747.0M | 625.0M | 412.0M | 204.0M | 192.0M | 150.0M | 123.0M | 49.1M | -10.6M | 5.8M | 13.8M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | -191,200 | -57,000 | -- |
| Eps Basic | 0.69 | 1.36 | 1.26 | 0.83 | 0.41 | 0.40 | 0.34 | 0.27 | 0.11 | -0.03 | 0.02 | 0.04 |
| Eps Diluted | 0.69 | 1.36 | 1.26 | 0.83 | 0.41 | 0.40 | 0.34 | 0.27 | 0.11 | -0.03 | 0.02 | -- |
| 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 | 2.7B | 3.2B | 3.2B | 1.4B | 368.0M | 223.0M | 329.0M | 276.0M | 46.6M | 56.8M | 17.0M | 19.8M |
| Trading Financial Assets | 499.0M | -- | 19.7M | 81.4M | -- | 415.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.3B | 1.6B | 803.0M | 431.0M | 414.0M | 437.0M | 283.0M | 253.0M | 139.0M | 131.0M | 131.0M | 83.2M |
| Notes Receivable | 715.0M | 444.0M | 489.0M | 223.0M | 226.0M | 160.0M | 185.0M | 112.0M | 224.0M | 64.5M | 11.6M | -- |
| Notes And Accounts Receivable | 2.0B | 2.0B | 1.3B | 655.0M | 640.0M | 597.0M | 467.0M | 365.0M | 363.0M | 196.0M | 142.0M | 83.2M |
| Prepayments | 20.6M | 10.4M | 2.2M | 16.2M | 554,400 | 502,800 | 6.3M | 5.3M | 198,700 | 6.0M | 4.9M | 51.2M |
| Inventory | 943.0M | 1.1B | 1.2B | 1.0B | 764.0M | 389.0M | 296.0M | 288.0M | 224.0M | 217.0M | 150.0M | 118.0M |
| Total Current Assets | 6.3B | 6.4B | 5.7B | 3.2B | 1.8B | 1.6B | 1.1B | 940.0M | 690.0M | 511.0M | 358.0M | 360.0M |
| Long Term Equity Investment | 195.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | -- | 732.0M | 678.0M | 572.0M | 574.0M | 588.0M | 578.0M | 597.0M | 601.0M | 617.0M | 621.0M |
| Fixed Assets Total | 867.0M | 838.0M | 732.0M | 678.0M | 572.0M | 574.0M | 588.0M | 578.0M | 597.0M | 601.0M | 617.0M | 621.0M |
| Construction In Progress | -- | -- | 185.0M | 58.3M | 108.0M | 39.4M | 9.3M | 22.0M | 413,500 | 3.1M | 3.2M | 4.9M |
| Construction In Progress Total | 992.0M | 355.0M | 185.0M | 58.3M | 108.0M | 39.4M | 9.3M | 22.0M | 413,500 | 3.1M | 3.2M | 4.9M |
| Intangible Assets | 58.5M | 60.2M | 61.3M | 61.6M | 61.3M | 16.5M | 16.5M | 16.9M | 17.3M | 17.8M | 18.3M | 18.7M |
| Long Term Deferred Expenses | 5.0M | 1.2M | 1.4M | 1.7M | 1.0M | 369,100 | 354,300 | 73,000 | 63,800 | 88,900 | -- | -- |
| Total Non Current Assets | 2.8B | 1.9B | 1.3B | 886.0M | 755.0M | 637.0M | 622.0M | 623.0M | 623.0M | 690.0M | 701.0M | 871.0M |
| Total Assets | 9.2B | 8.3B | 7.0B | 4.1B | 2.6B | 2.3B | 1.7B | 1.6B | 1.3B | 1.2B | 1.1B | 1.2B |
| Short Term Borrowings | 1.0B | 418.0M | -- | -- | -- | -- | -- | -- | -- | 1.0M | 36.8M | 178.0M |
| Accounts Payable | 710.0M | 704.0M | 471.0M | 394.0M | 161.0M | 154.0M | 153.0M | 138.0M | 110.0M | 73.9M | 109.0M | 82.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 6.1M | 13.0M | 4.2M | 2.8M | 10.8M | 5.5M | 542,400 |
| Contract Liabilities | 10.6M | 584,700 | 846,900 | 6.4M | 1.9M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.3B | 1.9B | 1.4B | 840.0M | 592.0M | 416.0M | 273.0M | 266.0M | 149.0M | 182.0M | 198.0M | 300.0M |
| Long Term Borrowings | -- | 4.3M | 4.8M | -- | -- | -- | -- | -- | -- | 192.0M | 244.0M | 320.0M |
| Total Non Current Liabilities | 1.0B | 968.0M | 901.0M | 835.0M | 76.3M | 76.9M | 80.4M | 77.7M | 77.3M | 269.0M | 325.0M | 401.0M |
| Total Liabilities | 3.4B | 2.8B | 2.3B | 1.7B | 669.0M | 493.0M | 354.0M | 344.0M | 226.0M | 451.0M | 523.0M | 702.0M |
| Paid In Capital | 550.0M | 550.0M | 549.0M | 496.0M | 496.0M | 496.0M | 446.0M | 446.0M | 446.0M | 410.0M | 332.0M | 332.0M |
| Capital Reserve | 2.5B | 2.5B | 2.5B | 774.0M | 773.0M | 773.0M | 562.0M | 562.0M | 552.0M | 301.0M | 210.0M | 210.0M |
| Surplus Reserve | 275.0M | 243.0M | 174.0M | 115.0M | 74.7M | 54.7M | 36.0M | 21.3M | 9.2M | 4.0M | -- | -- |
| Retained Earnings | 2.3B | 2.1B | 1.4B | 914.0M | 583.0M | 448.0M | 324.0M | 190.0M | 79.0M | 35.2M | -6.7M | -12.5M |
| Minority Equity | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.4M | -- |
| Equity Attributable | 5.8B | 5.4B | 4.7B | 2.5B | 1.9B | 1.8B | 1.4B | 1.2B | 1.1B | 750.0M | 535.0M | 529.0M |
| Total Equity | 5.8B | 5.4B | 4.7B | 2.5B | 1.9B | 1.8B | 1.4B | 1.2B | 1.1B | 750.0M | 537.0M | 529.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 833.0M | 1.4B | 1.4B | 1.0B | 459.0M | 482.0M | 382.0M | 340.0M | 213.0M | 183.0M | 88.7M | -- |
| Tax Refunds Received | 17.8M | 39.8M | 40.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.1B | 1.6B | 1.5B | 1.1B | 473.0M | 492.0M | 387.0M | 351.0M | 223.0M | 197.0M | 100.0M | -- |
| Cash Paid For Goods | 1.2B | 1.2B | 760.0M | 551.0M | 445.0M | 253.0M | 231.0M | 112.0M | 206.0M | 179.0M | 78.2M | -- |
| Cash Paid To Employees | 109.0M | 87.5M | 71.7M | 55.9M | 38.2M | 38.1M | 32.2M | 30.0M | 21.4M | 17.7M | 13.5M | -- |
| Taxes Paid | 234.0M | 336.0M | 214.0M | 54.6M | 53.9M | 49.2M | 35.2M | 25.5M | 13.7M | 4.3M | 6.6M | -- |
| Total Operating Cash Outflow | 1.6B | 1.7B | 1.1B | 708.0M | 547.0M | 353.0M | 307.0M | 178.0M | 249.0M | 215.0M | 115.0M | -- |
| Operating Cash Flow | -570.0M | -40.4M | 425.0M | 374.0M | -73.5M | 139.0M | 79.9M | 173.0M | -25.9M | -17.5M | -14.6M | -- |
| Total Investing Cash Inflow | 546.0M | 181.0M | 206.0M | 50.7M | 1.4B | 939.0M | 304.0M | 141.0M | 146.0M | 40.2M | 317.0M | -- |
| Total Investing Cash Outflow | 1.9B | 754.0M | 526.0M | 267.0M | 1.2B | 1.4B | 331.0M | 90.3M | 213.0M | 53.4M | 63.5M | -- |
| Investing Cash Flow | -1.3B | -574.0M | -320.0M | -216.0M | 268.0M | -461.0M | -27.2M | 50.6M | -67.7M | -13.2M | 254.0M | -- |
| Cash From Borrowings | 1.9B | 672.0M | 226.0M | 893.0M | -- | -- | -- | -- | -- | 114.0M | 36.8M | -- |
| Dividends And Interest Paid | 129.0M | 67.7M | 50.1M | 41.1M | 49.5M | 49.0M | -- | 205,400 | 3.1M | 15.6M | 26.2M | -- |
| Debt Repayments | 329.0M | 4.6M | 222.0M | -- | -- | -- | -- | -- | 193.0M | 202.0M | 254.0M | -- |
| Total Financing Cash Inflow | 1.9B | 695.0M | 2.0B | 909.0M | 1.0M | 275.0M | 2.9M | 13.6M | 288.0M | 290.0M | 38.7M | -- |
| Total Financing Cash Outflow | 459.0M | 81.8M | 277.0M | 58.3M | 52.8M | 59.8M | 3.6M | 8.3M | 204.0M | 219.0M | 280.0M | -- |
| Financing Cash Flow | 1.4B | 614.0M | 1.7B | 850.0M | -51.8M | 215.0M | -750,000 | 5.3M | 83.5M | 71.8M | -241.0M | -- |
| Net Change In Cash | -496.0M | -425,200 | 1.8B | 1.0B | 143.0M | -107.0M | 51.9M | 229.0M | -10.1M | 41.1M | -2.4M | -- |
| Ending Cash Balance | 2.7B | 3.2B | 3.2B | 1.4B | 363.0M | 221.0M | 328.0M | 276.0M | 46.6M | 56.7M | 15.6M | -- |
| Capex | 413.0M | 294.0M | 383.0M | 137.0M | 162.0M | 55.9M | 30.8M | 24.3M | 31.4M | 13.4M | 43.5M | -- |