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 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.5B | 5.1B | 5.6B | 5.4B | 3.1B | 2.1B | 3.0B | 1.7B | 963.0M | 751.0M | 425.0M |
| Revenue Growth % | 28.3% | -9.5% | 5.2% | 71.9% | 50.8% | -30.9% | 78.6% | 74.0% | 28.2% | 76.7% | -- |
| Total Revenue | 6.5B | 5.1B | 5.6B | 5.4B | 3.1B | 2.1B | 3.0B | 1.7B | 963.0M | 751.0M | 425.0M |
| Cost Of Revenue | 5.8B | 4.5B | 5.0B | 4.6B | 2.6B | 1.7B | 2.2B | 1.4B | 828.0M | 654.0M | 374.0M |
| Gross Profit | 771.0M | 605.0M | 656.0M | 739.0M | 480.0M | 319.0M | 802.0M | 297.0M | 135.0M | 97.0M | 51.0M |
| Gross Margin % | 11.8% | 11.9% | 11.6% | 13.8% | 15.4% | 15.4% | 26.8% | 17.7% | 14.0% | 12.9% | 12.0% |
| Total Operating Cost | 6.5B | 5.0B | 5.5B | 5.1B | 2.9B | 1.9B | 2.5B | 1.6B | 913.0M | 713.0M | 415.0M |
| Selling Expenses | 354.0M | 310.0M | 270.0M | 230.0M | 161.0M | 151.0M | 154.0M | 128.0M | 44.5M | 30.0M | 22.9M |
| Admin Expenses | 88.7M | 77.8M | 57.0M | 59.4M | 50.4M | 37.2M | 74.2M | 27.5M | 28.8M | 20.8M | 12.4M |
| Rd Expenses | 21.1M | 18.5M | 18.9M | 12.5M | 4.7M | 2.7M | 58,900 | -- | -- | -- | -- |
| Finance Expenses | 40.7M | 36.9M | 74.3M | 44.8M | 16.6M | -889,600 | 12.3M | 14.9M | 7.4M | 5.6M | 2.9M |
| Operating Income | 94.8M | 48.1M | 161.0M | 299.0M | 188.0M | 119.0M | 458.0M | 98.6M | 50.0M | 38.1M | 10.1M |
| Operating Margin % | 1.4% | 0.9% | 2.9% | 5.6% | 6.0% | 5.8% | 15.3% | 5.9% | 5.2% | 5.1% | 2.4% |
| Non Operating Income | 2.8M | 4.8M | 15.6M | 14.7M | 17.6M | 16.2M | 2.2M | 821,100 | 700,200 | 44,900 | 71,600 |
| Non Operating Expenses | 1.2M | 1.5M | 1.8M | 402,700 | 273,900 | 480,200 | 1.5M | 8,500 | 1.4M | 367,800 | 9,200 |
| Investment Income | -7.8M | -15.1M | -905,300 | 937,100 | 478,100 | 544,000 | -- | -- | -- | -- | -- |
| Fair Value Change Income | -546,200 | 6.3M | 5.9M | 3.4M | 268,300 | 33,600 | -- | -- | -- | -- | -- |
| Asset Disposal Income | 250,800 | 29,800 | 3,100 | 44,600 | -2,700 | 700.00 | -- | 34,000 | -- | -- | -- |
| Asset Impairment Loss | 120.0M | 82.9M | 81.4M | 49.9M | 22.8M | 10.0M | 91.7M | 26.0M | 2.7M | 1.4M | 1.8M |
| Other Income | 11.0M | 749,200 | 359,100 | 169,400 | 648,000 | 30,200 | -- | -- | -- | -- | -- |
| Income Before Tax | 96.5M | 51.4M | 175.0M | 314.0M | 205.0M | 135.0M | 459.0M | 99.4M | 49.2M | 37.8M | 10.1M |
| Income Tax | 31.5M | 18.0M | 42.9M | 79.8M | 55.4M | 35.7M | 126.0M | 29.6M | 13.1M | 10.9M | 3.1M |
| Net Income | 65.0M | 33.4M | 132.0M | 234.0M | 149.0M | 99.0M | 333.0M | 69.7M | 36.1M | 26.9M | 7.1M |
| Net Margin % | 1.0% | 0.7% | 2.3% | 4.4% | 4.8% | 4.8% | 11.1% | 4.2% | 3.8% | 3.6% | 1.7% |
| Net Income Attributable | 70.8M | 34.0M | 132.0M | 236.0M | 150.0M | 99.0M | 334.0M | 70.4M | 36.1M | 26.9M | 6.1M |
| Minority Interest | -5.8M | -587,300 | -521,400 | -2.3M | -111,000 | -6,600 | -338,600 | -690,000 | -- | -- | 996,400 |
| Eps Basic | 0.11 | 0.05 | 0.21 | 0.39 | 0.40 | 0.27 | 0.90 | 0.20 | 0.90 | 0.67 | 0.15 |
| Eps Diluted | 0.11 | 0.05 | 0.21 | 0.39 | 0.40 | 0.27 | 0.90 | 0.20 | 0.90 | -- | -- |
| 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 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 498.0M | 454.0M | 313.0M | 361.0M | 141.0M | 124.0M | 204.0M | 75.7M | 26.2M | 44.2M | 10.2M |
| Trading Financial Assets | 745,700 | 5.5M | 25.8M | 84.5M | 13.3M | 46.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 2.5B | 1.7B | 1.6B | 1.6B | 954.0M | 630.0M | 716.0M | 479.0M | 304.0M | 225.0M | 126.0M |
| Notes Receivable | 107.0M | 69.5M | 50.3M | 75.7M | 54.2M | 23.0M | 37.7M | 58.0M | 22.3M | 13.0M | 9.1M |
| Notes And Accounts Receivable | 2.6B | 1.8B | 1.6B | 1.7B | 1.0B | 653.0M | 753.0M | 537.0M | 327.0M | 238.0M | 135.0M |
| Prepayments | 905.0M | 324.0M | 710.0M | 111.0M | 74.5M | 17.8M | 14.3M | 13.3M | 10.5M | 4.5M | 11.8M |
| Inventory | 1.2B | 877.0M | 885.0M | 664.0M | 355.0M | 253.0M | 209.0M | 213.0M | 84.6M | 56.2M | 29.5M |
| Total Current Assets | 5.3B | 3.6B | 3.8B | 3.1B | 1.7B | 1.2B | 1.2B | 864.0M | 471.0M | 369.0M | 202.0M |
| Long Term Equity Investment | 30.3M | 35.5M | 29.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 290.0M | 145.0M | 32.4M | 26.2M | 25.6M | 26.2M | 27.2M | 1.4M | 6.1M | 6.9M |
| Fixed Assets Total | 277.0M | 290.0M | 145.0M | 32.4M | 26.2M | 25.6M | 26.2M | 27.2M | 1.4M | 6.1M | 6.9M |
| Construction In Progress | -- | -- | 94.4M | 78.8M | -- | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | 94.4M | 78.8M | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 28.8M | 24.2M | 24.2M | 25.0M | 24.4M | 2.8M | 358,300 | 169,900 | 529,800 | 1.6M | 203,900 |
| Long Term Deferred Expenses | 846,900 | 1.8M | 2.3M | 1.4M | 646,100 | 1.2M | 1.2M | 1.7M | 368,000 | 253,300 | 74,400 |
| Total Non Current Assets | 562.0M | 560.0M | 445.0M | 230.0M | 75.4M | 46.2M | 61.2M | 40.0M | 17.5M | 18.3M | 9.4M |
| Total Assets | 5.9B | 4.1B | 4.2B | 3.3B | 1.8B | 1.2B | 1.3B | 904.0M | 488.0M | 388.0M | 212.0M |
| Short Term Borrowings | 1.8B | 880.0M | 931.0M | 1.3B | 326.0M | 6.0M | 70.3M | 131.0M | 75.6M | 63.0M | 55.4M |
| Accounts Payable | 720.0M | 494.0M | 382.0M | 295.0M | 266.0M | 189.0M | 228.0M | 197.0M | 160.0M | 82.7M | 73.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 13.1M | 4.5M | 5.4M | 8.4M | 8.6M | 3.2M |
| Contract Liabilities | 854.0M | 405.0M | 579.0M | 18.3M | 13.1M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.6B | 1.9B | 2.1B | 1.8B | 667.0M | 258.0M | 424.0M | 394.0M | 390.0M | 327.0M | 178.0M |
| Long Term Borrowings | 5.3M | 5.6M | 5.5M | 5.2M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 55.6M | 442.0M | 428.0M | 37.7M | 17.8M | 15.8M | 15.4M | 5.7M | 1.7M | 31,100 | -- |
| Total Liabilities | 3.7B | 2.4B | 2.5B | 1.8B | 685.0M | 274.0M | 439.0M | 399.0M | 392.0M | 327.0M | 178.0M |
| Paid In Capital | 687.0M | 630.0M | 630.0M | 420.0M | 370.0M | 370.0M | 66.0M | 66.0M | 40.0M | 18.0M | 18.0M |
| Capital Reserve | 436.0M | 85.9M | 80.3M | 290.0M | 110.0M | 110.0M | 364.0M | 322.0M | 13.2M | 3.3M | 3.3M |
| Surplus Reserve | 67.0M | 64.8M | 64.5M | 57.9M | 44.8M | 33.7M | 25.2M | 4.9M | 1.4M | 2.8M | 541,100 |
| Retained Earnings | 959.0M | 898.0M | 878.0M | 767.0M | 580.0M | 442.0M | 416.0M | 112.0M | 42.0M | 36.4M | 11.7M |
| Minority Equity | 15.9M | 29.0M | 15.5M | -26,800 | 432,500 | 43,400 | -- | -295,200 | -- | -- | -- |
| Equity Attributable | 2.2B | 1.7B | 1.7B | 1.5B | 1.1B | 955.0M | 871.0M | 505.0M | 96.6M | 60.5M | 33.5M |
| Total Equity | 2.2B | 1.7B | 1.7B | 1.5B | 1.1B | 955.0M | 871.0M | 505.0M | 96.6M | 60.5M | 33.5M |
| 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 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 5.9B | 5.2B | 6.7B | 4.8B | 2.6B | 2.1B | 2.9B | 1.5B | 1.1B | 827.0M | 468.0M |
| Tax Refunds Received | 70.3M | 95.2M | 54.3M | 79.2M | 61.4M | 36.1M | 29.2M | 27.0M | 13.7M | 8.8M | 7.5M |
| Total Operating Cash Inflow | 6.0B | 5.3B | 6.8B | 4.9B | 2.7B | 2.2B | 3.0B | 1.6B | 1.1B | 843.0M | 482.0M |
| Cash Paid For Goods | 6.5B | 4.6B | 6.3B | 5.3B | 2.7B | 1.9B | 2.4B | 1.6B | 1.0B | 772.0M | 446.0M |
| Cash Paid To Employees | 285.0M | 270.0M | 239.0M | 192.0M | 131.0M | 121.0M | 91.0M | 52.7M | 26.2M | 17.9M | 11.9M |
| Taxes Paid | 82.1M | 99.7M | 148.0M | 131.0M | 158.0M | 99.9M | 189.0M | 45.7M | 23.2M | 19.4M | 7.7M |
| Total Operating Cash Outflow | 7.0B | 5.1B | 6.8B | 5.8B | 3.1B | 2.2B | 2.8B | 1.8B | 1.1B | 864.0M | 496.0M |
| Operating Cash Flow | -951.0M | 201.0M | 54.4M | -833.0M | -368.0M | 28.6M | 150.0M | -225.0M | -46.0M | -21.4M | -14.5M |
| Total Investing Cash Inflow | 67.1M | 132.0M | 232.0M | 374.0M | 312.0M | 1.1B | -- | 42,300 | 5.3M | 496,900 | 114,900 |
| Total Investing Cash Outflow | 87.5M | 221.0M | 378.0M | 602.0M | 306.0M | 1.2B | 3.0M | 3.5M | 6.8M | 10.4M | 1.4M |
| Investing Cash Flow | -20.4M | -89.0M | -146.0M | -228.0M | 6.5M | -49.7M | -3.0M | -3.4M | -1.5M | -9.9M | -1.3M |
| Cash From Borrowings | 3.0B | 1.7B | 2.1B | 3.0B | 735.0M | 67.2M | 385.0M | 298.0M | 82.1M | 76.0M | 62.2M |
| Dividends And Interest Paid | 28.9M | 38.3M | 62.4M | 62.2M | 8.7M | 17.7M | 19.2M | 6.9M | 4.1M | 4.1M | 3.2M |
| Debt Repayments | 2.0B | 1.7B | 2.4B | 1.9B | 365.0M | 107.0M | 388.0M | 212.0M | 69.5M | 68.4M | 46.1M |
| Total Financing Cash Inflow | 3.0B | 1.7B | 2.5B | 3.3B | 735.0M | 79.6M | 388.0M | 543.0M | 174.0M | 138.0M | 82.3M |
| Total Financing Cash Outflow | 2.0B | 1.7B | 2.4B | 2.0B | 377.0M | 125.0M | 423.0M | 253.0M | 141.0M | 80.0M | 73.8M |
| Financing Cash Flow | 958.0M | -68.5M | 8.9M | 1.2B | 358.0M | -45.1M | -34.9M | 290.0M | 33.4M | 57.8M | 8.5M |
| Net Change In Cash | -7.7M | 50.7M | -52.0M | 179.0M | -6.1M | -66.8M | 111.0M | 60.4M | -14.1M | 26.5M | -7.2M |
| Ending Cash Balance | 285.0M | 292.0M | 242.0M | 293.0M | 114.0M | 120.0M | 187.0M | 75.7M | 19.2M | 33.3M | 6.8M |
| Capex | 12.0M | 47.1M | 135.0M | 103.0M | 27.0M | 4.2M | 3.0M | 3.5M | 6.8M | 10.4M | 1.4M |