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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.4B | 1.3B | 1.2B | 1.1B | 650.0M | 479.0M | 370.0M | 299.0M | 210.0M |
| Revenue Growth % | 7.5% | 7.9% | 16.1% | 61.5% | 35.7% | 29.5% | 23.7% | 42.4% | -- |
| Total Revenue | 1.4B | 1.3B | 1.2B | 1.1B | 650.0M | 479.0M | 370.0M | 299.0M | 210.0M |
| Cost Of Revenue | 1.1B | 958.0M | 868.0M | 739.0M | 433.0M | 321.0M | 252.0M | 207.0M | 141.0M |
| Gross Profit | 322.0M | 357.0M | 351.0M | 311.0M | 217.0M | 158.0M | 118.0M | 92.0M | 69.0M |
| Gross Margin % | 22.8% | 27.1% | 28.8% | 29.6% | 33.4% | 33.0% | 31.9% | 30.8% | 32.9% |
| Total Operating Cost | 1.3B | 1.1B | 977.0M | 855.0M | 522.0M | 386.0M | 303.0M | 299.0M | 172.0M |
| Selling Expenses | 35.8M | 29.1M | 21.8M | 21.4M | 18.2M | 16.4M | 12.5M | 11.6M | 7.6M |
| Admin Expenses | 49.6M | 40.0M | 37.6M | 31.8M | 25.7M | 20.8M | 17.4M | 55.2M | 10.8M |
| Rd Expenses | 58.3M | 53.1M | 54.5M | 47.0M | 30.8M | 23.2M | 18.9M | 17.4M | 11.0M |
| Finance Expenses | 9.6M | 6.5M | -19.3M | 4.4M | 6.8M | -1.0M | -2.5M | 3.9M | -1.9M |
| Operating Income | 166.0M | 230.0M | 253.0M | 209.0M | 139.0M | 101.0M | 72.5M | 5.0M | 38.6M |
| Operating Margin % | 11.7% | 17.5% | 20.8% | 19.9% | 21.4% | 21.1% | 19.6% | 1.7% | 18.4% |
| Non Operating Income | 385,700 | 854,000 | 59,400 | 77,700 | 45,400 | 2,500 | 283,400 | 98,200 | 1.9M |
| Non Operating Expenses | 2.6M | 2.4M | 1.2M | 164,000 | 1.0M | 220,900 | 714,900 | 1.1M | 264,100 |
| Investment Income | 21.5M | 9.0M | 6.4M | 7.3M | 4.1M | 2.0M | 2.0M | 1.6M | 528,300 |
| Fair Value Change Income | -3.4M | 4.3M | -1.1M | 800,700 | 1.4M | 572,800 | -- | -- | -- |
| Asset Disposal Income | -195,700 | -557,700 | 344,700 | 953,000 | -299,100 | 28,300 | 30,300 | 197,400 | -- |
| Asset Impairment Loss | 17.7M | 6.5M | 4.7M | 1.7M | 794,700 | 426,700 | 1.9M | 1.2M | 1.2M |
| Other Income | 6.3M | 5.4M | 5.3M | 5.4M | 5.4M | 5.0M | 3.4M | 3.6M | -- |
| Income Before Tax | 163.0M | 229.0M | 252.0M | 209.0M | 138.0M | 101.0M | 72.1M | 3.9M | 40.2M |
| Income Tax | 23.1M | 24.3M | 26.1M | 24.8M | 17.7M | 13.0M | 8.7M | 5.7M | 5.3M |
| Net Income | 140.0M | 204.0M | 226.0M | 184.0M | 121.0M | 87.8M | 63.4M | -1.8M | 35.0M |
| Net Margin % | 9.9% | 15.5% | 18.5% | 17.5% | 18.6% | 18.3% | 17.1% | -0.6% | 16.7% |
| Net Income Attributable | 140.0M | 204.0M | 226.0M | 184.0M | 120.0M | 87.8M | 63.3M | -1.8M | 35.0M |
| Minority Interest | -34,100 | -74,900 | -54,900 | -- | 31,900 | -23,800 | 89,300 | -30,300 | -6,400 |
| Eps Basic | 1.12 | 2.01 | 2.21 | 1.81 | 1.38 | 2.07 | 1.51 | -- | -- |
| Eps Diluted | 1.12 | 1.99 | 2.21 | 1.81 | 1.38 | 2.07 | 1.51 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 583.0M | 339.0M | 178.0M | 231.0M | 149.0M | 50.2M | 43.9M | 37.9M | 14.2M |
| Trading Financial Assets | 431.0M | 776.0M | 341.0M | 155.0M | 399.0M | 68.0M | -- | -- | -- |
| Accounts Receivable | 324.0M | 304.0M | 271.0M | 213.0M | 143.0M | 101.0M | 79.4M | 53.5M | 39.8M |
| Notes Receivable | 30.4M | 28.0M | 30.4M | 17.9M | 6.9M | 2.3M | 800,000 | 372,800 | 7.3M |
| Notes And Accounts Receivable | 354.0M | 332.0M | 301.0M | 231.0M | 150.0M | 103.0M | 80.2M | 53.9M | 47.1M |
| Prepayments | 2.8M | 1.9M | 3.5M | 615,900 | 539,900 | 191,200 | 114,400 | 176,500 | 207,500 |
| Inventory | 163.0M | 134.0M | 128.0M | 103.0M | 54.6M | 41.8M | 33.0M | 25.7M | 18.7M |
| Total Current Assets | 1.6B | 1.6B | 994.0M | 777.0M | 761.0M | 274.0M | 198.0M | 178.0M | 122.0M |
| Fixed Assets | -- | 527.0M | 495.0M | 469.0M | 238.0M | 164.0M | 117.0M | 98.7M | -- |
| Fixed Assets Total | 839.0M | 527.0M | 495.0M | 469.0M | 238.0M | 164.0M | 117.0M | 98.7M | 60.1M |
| Construction In Progress | -- | 77.1M | 52.8M | 1.3M | 25.2M | 2.5M | 25.6M | 6.8M | -- |
| Construction In Progress Total | 50.0M | 77.1M | 52.8M | 1.3M | 25.2M | 2.5M | 25.6M | 6.8M | 2.0M |
| Intangible Assets | 128.0M | 124.0M | 77.5M | 79.2M | 17.4M | 12.2M | 12.8M | 13.3M | 12.8M |
| Long Term Deferred Expenses | 31.9M | 41.3M | 37.4M | 32.7M | 8.3M | 7.8M | 4.5M | 2.4M | 940,800 |
| Total Non Current Assets | 1.1B | 793.0M | 676.0M | 600.0M | 309.0M | 207.0M | 163.0M | 125.0M | 79.9M |
| Total Assets | 2.6B | 2.4B | 1.7B | 1.4B | 1.1B | 481.0M | 361.0M | 302.0M | 202.0M |
| Short Term Borrowings | -- | -- | -- | -- | 7.6M | 1.7M | 5.0M | 15.0M | 5.0M |
| Accounts Payable | 355.0M | 255.0M | 232.0M | 196.0M | 119.0M | 84.5M | 68.3M | 59.5M | 34.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 24,200 | 47,300 | 20,900 | 56,400 |
| Contract Liabilities | 521,400 | 543,600 | 196,500 | 178,700 | 103,300 | -- | -- | -- | -- |
| Total Current Liabilities | 453.0M | 332.0M | 371.0M | 268.0M | 153.0M | 106.0M | 84.8M | 89.9M | 50.9M |
| Long Term Borrowings | -- | -- | -- | -- | -- | 7.4M | -- | 4.1M | -- |
| Total Non Current Liabilities | 564.0M | 538.0M | 66.7M | 68.9M | 38.3M | 20.3M | 9.2M | 32.0M | 27.4M |
| Total Liabilities | 1.0B | 870.0M | 438.0M | 337.0M | 191.0M | 126.0M | 94.0M | 122.0M | 78.3M |
| Paid In Capital | 142.0M | 102.0M | 102.0M | 102.0M | 56.6M | 42.5M | 42.5M | 36.4M | 34.1M |
| Capital Reserve | 508.0M | 548.0M | 548.0M | 548.0M | 593.0M | 185.0M | 185.0M | 64.0M | 7.7M |
| Surplus Reserve | 67.4M | 51.0M | 51.0M | 45.6M | 26.9M | 14.8M | 5.8M | 6.5M | 6.5M |
| Retained Earnings | 795.0M | 702.0M | 531.0M | 344.0M | 201.0M | 112.0M | 33.4M | 73.2M | 75.0M |
| Minority Equity | -8,100 | 26,000 | 101,000 | -- | -- | 378,700 | 402,500 | 313,200 | 143,600 |
| Equity Attributable | 1.6B | 1.5B | 1.2B | 1.0B | 878.0M | 355.0M | 267.0M | 180.0M | 123.0M |
| Total Equity | 1.6B | 1.5B | 1.2B | 1.0B | 878.0M | 355.0M | 267.0M | 180.0M | 123.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.3B | 1.3B | 1.1B | 946.0M | 564.0M | 438.0M | 338.0M | 274.0M | 190.0M |
| Tax Refunds Received | 37.0M | 50.7M | 59.8M | 35.6M | 24.9M | 16.0M | 21.4M | 8.6M | 8.5M |
| Total Operating Cash Inflow | 1.3B | 1.3B | 1.2B | 990.0M | 607.0M | 461.0M | 364.0M | 288.0M | 204.0M |
| Cash Paid For Goods | 727.0M | 775.0M | 584.0M | 585.0M | 322.0M | 241.0M | 207.0M | 147.0M | 104.0M |
| Cash Paid To Employees | 282.0M | 258.0M | 231.0M | 192.0M | 122.0M | 87.4M | 68.3M | 57.9M | 42.0M |
| Taxes Paid | 28.9M | 28.8M | 22.8M | 24.2M | 13.5M | 14.6M | 9.6M | 9.2M | 7.1M |
| Total Operating Cash Outflow | 1.1B | 1.1B | 885.0M | 835.0M | 490.0M | 373.0M | 314.0M | 236.0M | 170.0M |
| Operating Cash Flow | 244.0M | 236.0M | 318.0M | 155.0M | 117.0M | 87.2M | 49.9M | 51.5M | 33.6M |
| Total Investing Cash Inflow | 2.9B | 2.7B | 1.1B | 1.3B | 1.1B | 683.0M | 553.0M | 194.0M | 152.0M |
| Total Investing Cash Outflow | 2.8B | 3.3B | 1.4B | 1.4B | 1.5B | 767.0M | 581.0M | 250.0M | 215.0M |
| Investing Cash Flow | 56.7M | -611.0M | -338.0M | -45.7M | -419.0M | -83.9M | -28.6M | -55.9M | -62.5M |
| Cash From Borrowings | 800,700 | 564.0M | -- | -- | 25.2M | 15.7M | 16.5M | 21.0M | 10.0M |
| Dividends And Interest Paid | 32.1M | 34.1M | 33.8M | 22.7M | 20.0M | 423,000 | 19.7M | 769,800 | 135,500 |
| Debt Repayments | -- | -- | -- | 7.6M | 28.3M | 10.0M | 31.7M | 5.8M | 14.3M |
| Total Financing Cash Inflow | 800,700 | 567.0M | 155,900 | 3.4M | 460.0M | 15.7M | 59.0M | 37.5M | 38.2M |
| Total Financing Cash Outflow | 63.2M | 38.7M | 34.5M | 30.3M | 57.6M | 13.6M | 75.4M | 7.1M | 25.6M |
| Financing Cash Flow | -62.4M | 529.0M | -34.3M | -26.9M | 402.0M | 2.1M | -16.4M | 30.4M | 12.6M |
| Net Change In Cash | 247.0M | 157.0M | -48.6M | 80.7M | 97.7M | 6.3M | 5.1M | 24.3M | -15.9M |
| Ending Cash Balance | 581.0M | 334.0M | 178.0M | 226.0M | 145.0M | 47.7M | 41.5M | 36.3M | 12.0M |
| Capex | 306.0M | 189.0M | 159.0M | 301.0M | 94.2M | 54.9M | 47.9M | 45.0M | 22.9M |