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 | 4.8B | 4.9B | 2.3B | 1.1B | 1.0B | 923.0M | 847.0M | 684.0M | 548.0M | 346.0M | 211.0M | 159.0M |
| Revenue Growth % | -3.2% | 110.9% | 114.2% | 8.8% | 8.8% | 9.0% | 23.8% | 24.8% | 58.4% | 64.0% | 32.7% | -- |
| Total Revenue | 4.8B | 4.9B | 2.3B | 1.1B | 1.0B | 923.0M | 847.0M | 684.0M | 548.0M | 346.0M | 211.0M | 159.0M |
| Cost Of Revenue | 3.7B | 4.1B | 1.9B | 824.0M | 746.0M | 648.0M | 603.0M | 460.0M | 381.0M | 222.0M | 138.0M | 104.0M |
| Gross Profit | 1.1B | 845.0M | 405.0M | 268.0M | 258.0M | 275.0M | 244.0M | 224.0M | 167.0M | 124.0M | 73.0M | 55.0M |
| Gross Margin % | 22.9% | 17.1% | 17.3% | 24.5% | 25.7% | 29.8% | 28.8% | 32.7% | 30.5% | 35.8% | 34.6% | 34.6% |
| Total Operating Cost | 4.3B | 4.7B | 2.3B | 1.0B | 960.0M | 850.0M | 773.0M | 626.0M | 513.0M | 316.0M | 186.0M | 149.0M |
| Selling Expenses | 190.0M | 131.0M | 110.0M | 70.1M | 66.7M | 85.3M | 69.0M | 72.3M | 57.1M | 39.4M | 23.6M | 21.8M |
| Admin Expenses | 104.0M | 90.0M | 51.0M | 38.6M | 32.9M | 29.0M | 22.4M | 26.1M | 18.8M | 16.0M | 18.7M | 17.5M |
| Rd Expenses | 290.0M | 269.0M | 144.0M | 92.8M | 76.2M | 58.5M | 45.3M | 39.4M | 27.0M | 18.4M | -- | -- |
| Finance Expenses | 20.4M | 6.0M | 18.7M | 11.1M | 21.8M | 7.8M | 9.2M | 14.5M | 9.4M | 4.8M | 2.5M | 21,800 |
| Operating Income | 464.0M | 301.0M | 77.3M | 59.5M | 70.5M | 88.4M | 82.4M | 65.0M | 35.3M | 30.0M | 24.3M | 10.5M |
| Operating Margin % | 9.7% | 6.1% | 3.3% | 5.4% | 7.0% | 9.6% | 9.7% | 9.5% | 6.4% | 8.7% | 11.5% | 6.6% |
| Non Operating Income | -- | 584,000 | 3.0M | 159,100 | 6.4M | -- | 80,900 | 1.1M | 7.5M | 8.9M | 964,000 | 1,000 |
| Non Operating Expenses | 1.2M | 2.3M | 3.8M | 100,000 | 686,500 | -- | 101,900 | 345,000 | 1.0M | -- | 56,600 | -- |
| Investment Income | -966,600 | 2.5M | 2.0M | 5.6M | 3.5M | -- | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | 2.1M | 224,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 12,900 | 96,900 | -468,900 | -24,200 | -900.00 | -- | -- | 34,400 | -- | -- | -- | -- |
| Asset Impairment Loss | 18.2M | 9.7M | -1.4M | 3.8M | 67,600 | -- | 19.6M | 8.5M | 14.8M | 14.3M | 2.6M | 4.5M |
| Other Income | 37.0M | 38.3M | 18.4M | 9.3M | 23.0M | 15.7M | 9.1M | 7.8M | -- | -- | -- | -- |
| Income Before Tax | 463.0M | 299.0M | 76.6M | 59.6M | 76.3M | 88.4M | 82.4M | 65.7M | 41.8M | 38.9M | 25.2M | 10.5M |
| Income Tax | 46.5M | 13.5M | -5.0M | 663,400 | -1.2M | 4.6M | 11.6M | 11.3M | 5.5M | 5.2M | 4.0M | 3.5M |
| Net Income | 417.0M | 285.0M | 81.6M | 58.9M | 77.5M | 83.8M | 70.9M | 54.5M | 36.3M | 33.6M | 21.2M | 7.0M |
| Net Margin % | 8.7% | 5.8% | 3.5% | 5.4% | 7.7% | 9.1% | 8.4% | 8.0% | 6.6% | 9.7% | 10.0% | 4.4% |
| Net Income Attributable | 419.0M | 286.0M | 81.6M | 58.9M | 77.5M | 83.8M | 70.9M | 54.5M | 36.3M | 33.6M | 21.2M | 7.0M |
| Minority Interest | -2.1M | -514,800 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 1.17 | 0.81 | 0.24 | 0.25 | 0.62 | 1.52 | 1.29 | 1.09 | 0.73 | 0.67 | 0.42 | 0.25 |
| Eps Diluted | 1.17 | 0.81 | 0.24 | 0.25 | 0.62 | 1.52 | 1.29 | 1.09 | 0.73 | 0.67 | 0.42 | 0.25 |
| 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 | 2.4B | 2.0B | 1.5B | 786.0M | 638.0M | 321.0M | 274.0M | 104.0M | 87.8M | 65.2M | 31.6M | 9.9M |
| Trading Financial Assets | 2.1M | 30.2M | 105.0M | 14.0M | 199.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 2.2B | 2.1B | 831.0M | 547.0M | 492.0M | 623.0M | 494.0M | 291.0M | -- | -- | 115.0M | 86.6M |
| Notes Receivable | 206.0M | 122.0M | 152.0M | 103.0M | 156.0M | 68.7M | 48.2M | 115.0M | -- | -- | 8.8M | 7.5M |
| Notes And Accounts Receivable | 2.4B | 2.2B | 983.0M | 650.0M | 648.0M | 692.0M | 542.0M | 407.0M | 296.0M | 195.0M | 124.0M | 94.1M |
| Prepayments | 93.4M | 38.6M | 17.2M | 20.5M | 16.1M | 12.0M | 12.0M | 14.1M | 6.5M | 1.0M | 2.1M | 2.0M |
| Inventory | 1.5B | 1.3B | 1.3B | 698.0M | 387.0M | 259.0M | 209.0M | 232.0M | 252.0M | 311.0M | 183.0M | 108.0M |
| Total Current Assets | 6.8B | 6.1B | 4.1B | 2.3B | 2.0B | 1.3B | 1.0B | 772.0M | 648.0M | 584.0M | 353.0M | 216.0M |
| Fixed Assets | -- | 308.0M | 255.0M | 203.0M | 61.2M | 57.2M | 52.8M | 49.4M | -- | -- | 6.8M | 877,300 |
| Fixed Assets Total | 341.0M | 308.0M | 255.0M | 203.0M | 61.2M | 57.2M | 52.8M | 49.4M | 43.5M | 23.9M | 6.8M | 877,300 |
| Construction In Progress | -- | 18.5M | -- | 408,900 | 33.0M | 326,400 | -- | -- | -- | -- | 6.2M | -- |
| Construction In Progress Total | 191.0M | 18.5M | -- | 408,900 | 33.0M | 326,400 | -- | -- | -- | 12.4M | 6.2M | -- |
| Intangible Assets | 182.0M | 131.0M | 19.3M | 21.5M | 23.5M | 16.0M | 16.8M | 16.7M | 14.6M | 16.5M | 18.6M | -- |
| Long Term Deferred Expenses | 73.9M | 55.1M | 23.9M | 5.1M | 1.3M | 1.2M | 724,100 | 300,700 | -- | 111,000 | 251,700 | -- |
| Total Non Current Assets | 1.3B | 810.0M | 472.0M | 426.0M | 244.0M | 90.3M | 83.6M | 77.0M | 66.4M | 58.0M | 34.6M | 2.4M |
| Total Assets | 8.1B | 6.9B | 4.6B | 2.7B | 2.2B | 1.4B | 1.1B | 849.0M | 715.0M | 642.0M | 387.0M | 218.0M |
| Short Term Borrowings | 1.5B | 534.0M | 296.0M | 158.0M | 155.0M | 105.0M | 78.5M | 78.9M | 111.0M | 72.0M | 57.0M | 5.0M |
| Accounts Payable | 2.1B | 2.0B | 1.2B | 563.0M | 497.0M | 441.0M | 312.0M | 115.0M | -- | -- | 141.0M | 105.0M |
| Advance Receipts | -- | -- | -- | -- | 56,200 | 3.6M | 20.3M | 83.9M | 83.8M | 68.7M | 76.7M | 34.3M |
| Contract Liabilities | 74.3M | 79.9M | 263.0M | 27.4M | 3.5M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 5.8B | 5.0B | 3.1B | 1.8B | 1.4B | 945.0M | 751.0M | 532.0M | 544.0M | 526.0M | 296.0M | 155.0M |
| Long Term Borrowings | 83.7M | 152.0M | 116.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 127.0M | 199.0M | 520.0M | 20.2M | 20.8M | 39.8M | 47.5M | 47.1M | 32.2M | 14.0M | 14.7M | 7.7M |
| Total Liabilities | 5.9B | 5.2B | 3.6B | 1.8B | 1.4B | 985.0M | 798.0M | 580.0M | 577.0M | 540.0M | 310.0M | 163.0M |
| Paid In Capital | 360.0M | 358.0M | 238.0M | 132.0M | 73.3M | 55.0M | 55.0M | 55.0M | 50.0M | 50.0M | 50.0M | 50.0M |
| Capital Reserve | 761.0M | 710.0M | 311.0M | 396.0M | 454.0M | 117.0M | 117.0M | 117.0M | 40.6M | 40.6M | -- | -- |
| Surplus Reserve | 108.0M | 75.5M | 42.5M | 30.0M | 30.0M | 26.4M | 19.8M | 12.8M | 7.0M | 3.4M | 2.7M | 575,000 |
| Retained Earnings | 967.0M | 616.0M | 387.0M | 331.0M | 287.0M | 213.0M | 143.0M | 85.2M | 40.7M | 8.0M | 24.2M | 5.2M |
| Minority Equity | 4.6M | 6.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 2.2B | 1.8B | 1.0B | 888.0M | 845.0M | 411.0M | 335.0M | 270.0M | 138.0M | 102.0M | 76.9M | 55.8M |
| Total Equity | 2.2B | 1.8B | 1.0B | 888.0M | 845.0M | 411.0M | 335.0M | 270.0M | 138.0M | 102.0M | 76.9M | 55.8M |
| 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 | 4.9B | 3.6B | 2.5B | 1.1B | 990.0M | 780.0M | 688.0M | 472.0M | 412.0M | 193.0M | 95.1M | 47.1M |
| Tax Refunds Received | 20.2M | 4.6M | 65.2M | 4.3M | 8.3M | 3.8M | 6.9M | 5.2M | 3.6M | 2.3M | 846,800 | -- |
| Total Operating Cash Inflow | 4.9B | 3.7B | 2.6B | 1.2B | 1.0B | 857.0M | 741.0M | 512.0M | 453.0M | 217.0M | 97.7M | 49.2M |
| Cash Paid For Goods | 4.2B | 3.0B | 2.0B | 829.0M | 717.0M | 531.0M | 317.0M | 244.0M | 299.0M | 142.0M | 46.8M | 39.2M |
| Cash Paid To Employees | 364.0M | 241.0M | 160.0M | 121.0M | 89.3M | 76.0M | 66.2M | 53.9M | 39.8M | 20.9M | 10.9M | 2.6M |
| Taxes Paid | 68.4M | 44.8M | 44.3M | 13.0M | 30.5M | 45.1M | 54.2M | 40.5M | 40.8M | 15.5M | 12.8M | 1.5M |
| Total Operating Cash Outflow | 4.8B | 3.7B | 2.4B | 1.0B | 1.0B | 759.0M | 575.0M | 465.0M | 454.0M | 242.0M | 120.0M | 77.6M |
| Operating Cash Flow | 122.0M | -36.2M | 151.0M | 112.0M | 32.8M | 97.9M | 166.0M | 47.1M | -190,200 | -25.4M | -22.1M | -28.3M |
| Total Investing Cash Inflow | 152.0M | 415.0M | 438.0M | 1.5B | 595.0M | 380.25 | -- | 121,600 | -- | -- | -- | -- |
| Total Investing Cash Outflow | 530.0M | 625.0M | 635.0M | 1.5B | 842.0M | 15.1M | 16.0M | 23.2M | 11.9M | 21.8M | 22.9M | 602,800 |
| Investing Cash Flow | -378.0M | -210.0M | -198.0M | 53.8M | -248.0M | -15.1M | -16.0M | -23.1M | -11.9M | -21.8M | -22.9M | -602,800 |
| Cash From Borrowings | 1.9B | 1.0B | 968.0M | 189.0M | 345.0M | 125.0M | 89.5M | 344.0M | 311.0M | 255.0M | 237.0M | 76.2M |
| Dividends And Interest Paid | 74.8M | 45.0M | 27.4M | 22.6M | 12.3M | 15.0M | 13.5M | 18.8M | 8.0M | 17.8M | 2.4M | -- |
| Debt Repayments | 1.2B | 392.0M | 296.0M | 180.0M | 220.0M | 97.8M | 89.9M | 436.0M | 263.0M | 162.0M | 185.0M | 67.5M |
| Total Financing Cash Inflow | 2.0B | 1.1B | 968.0M | 189.0M | 742.0M | 125.0M | 89.5M | 425.0M | 311.0M | 255.0M | 237.0M | 106.0M |
| Total Financing Cash Outflow | 1.4B | 446.0M | 329.0M | 207.0M | 270.0M | 114.0M | 105.0M | 456.0M | 271.0M | 180.0M | 187.0M | 67.5M |
| Financing Cash Flow | 539.0M | 616.0M | 640.0M | -18.5M | 472.0M | 10.2M | -15.5M | -31.4M | 40.1M | 74.9M | 49.6M | 38.7M |
| Net Change In Cash | 290.0M | 382.0M | 594.0M | 144.0M | 250.0M | 94.7M | 135.0M | -7.4M | 28.0M | 27.7M | 4.6M | 9.7M |
| Ending Cash Balance | 2.0B | 1.7B | 1.3B | 686.0M | 542.0M | 293.0M | 198.0M | 62.9M | 70.3M | 42.2M | 14.6M | 9.9M |
| Capex | 409.0M | 288.0M | 107.0M | 138.0M | 52.3M | 15.1M | 16.0M | 23.2M | 11.9M | 21.8M | 22.9M | 602,800 |