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 | 1.7B | 1.7B | 4.2B | 1.8B | 1.2B | 1.2B | 1.1B | 923.0M | 805.0M | 608.0M | 541.0M | 463.0M |
| Revenue Growth % | 4.1% | -60.1% | 136.2% | 43.6% | 7.4% | 9.5% | 14.1% | 14.7% | 32.4% | 12.4% | 16.8% | -- |
| Total Revenue | 1.7B | 1.7B | 4.2B | 1.8B | 1.2B | 1.2B | 1.1B | 923.0M | 805.0M | 608.0M | 541.0M | 463.0M |
| Cost Of Revenue | 1.4B | 1.3B | 2.4B | 1.1B | 838.0M | 805.0M | 728.0M | 644.0M | 535.0M | 395.0M | 374.0M | 290.0M |
| Gross Profit | 385.0M | 348.0M | 1.8B | 680.0M | 400.0M | 348.0M | 325.0M | 279.0M | 270.0M | 213.0M | 167.0M | 173.0M |
| Gross Margin % | 22.1% | 20.8% | 42.6% | 38.2% | 32.3% | 30.2% | 30.9% | 30.2% | 33.5% | 35.0% | 30.9% | 37.4% |
| Total Operating Cost | 1.8B | 1.8B | 3.3B | 1.5B | 1.1B | 1.0B | 965.0M | 932.0M | 724.0M | 505.0M | 453.0M | 352.0M |
| Selling Expenses | 88.9M | 98.7M | 184.0M | 125.0M | 79.4M | 86.5M | 78.0M | 137.0M | 62.9M | 31.3M | 22.9M | 19.9M |
| Admin Expenses | 215.0M | 203.0M | 356.0M | 194.0M | 120.0M | 115.0M | 119.0M | 119.0M | 113.0M | 62.5M | 42.7M | 37.0M |
| Rd Expenses | 60.0M | 48.9M | 109.0M | 39.4M | 21.8M | 18.8M | 16.9M | 13.8M | -- | -- | -- | -- |
| Finance Expenses | 5.8M | 3.4M | 7.6M | 1.1M | -703,800 | 489,500 | 4.2M | 3.6M | 9.4M | 9.4M | 8.2M | 1.2M |
| Operating Income | -69.3M | -136.0M | 949.0M | 319.0M | 178.0M | 131.0M | 107.0M | 7.1M | 81.1M | 104.0M | 87.9M | 111.0M |
| Operating Margin % | -4.0% | -8.1% | 22.6% | 17.9% | 14.4% | 11.4% | 10.2% | 0.8% | 10.1% | 17.1% | 16.2% | 24.0% |
| Non Operating Income | 1.5M | 589,900 | 1.6M | 2.0M | 559,400 | 2.2M | 83,800 | 138,300 | 7.3M | 7.5M | 1.5M | 127,100 |
| Non Operating Expenses | 35.0M | 18.0M | 46.4M | 2.9M | 16.7M | 6.5M | 1.1M | 1.7M | 1.1M | 1.3M | 106,200 | 31,200 |
| Investment Income | 4.4M | -2.1M | 748,100 | 6.2M | 6.9M | 8.0M | 14.5M | 4.7M | 0.00 | 0.00 | -- | -- |
| Fair Value Change Income | -- | -- | 1.7M | 3.9M | 525,800 | 1.9M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 5.7M | 1.9M | -363,200 | 1.0M | 652,500 | -66,400 | -5.6M | -461,500 | -- | -- | -- | -- |
| Asset Impairment Loss | 79.0M | 28.9M | 136.0M | 7.0M | 4.6M | 1.9M | 13.7M | 9.4M | -42,700 | 3.4M | 3.7M | 1.9M |
| Other Income | 15.9M | 33.3M | 9.9M | 14.1M | 12.8M | 14.7M | 9.8M | 11.3M | -- | -- | -- | -- |
| Income Before Tax | -103.0M | -153.0M | 904.0M | 318.0M | 162.0M | 126.0M | 106.0M | 5.6M | 87.3M | 110.0M | 89.3M | 111.0M |
| Income Tax | -4.2M | 8.5M | 165.0M | 56.4M | 27.8M | 31.7M | 31.7M | 25.8M | 27.1M | 27.7M | 18.9M | 26.6M |
| Net Income | -98.6M | -162.0M | 739.0M | 262.0M | 134.0M | 94.6M | 73.9M | -20.2M | 60.2M | 82.3M | 70.3M | 84.3M |
| Net Margin % | -5.7% | -9.7% | 17.6% | 14.7% | 10.8% | 8.2% | 7.0% | -2.2% | 7.5% | 13.5% | 13.0% | 18.2% |
| Net Income Attributable | -109.0M | -142.0M | 617.0M | 204.0M | 110.0M | 92.2M | 73.4M | 6.4M | 58.8M | 82.3M | 70.3M | 84.3M |
| Minority Interest | 10.8M | -20.1M | 122.0M | 57.8M | 24.1M | 2.4M | 548,400 | -26.6M | 1.4M | -- | -- | -- |
| Eps Basic | -0.27 | -0.35 | 1.54 | 0.58 | 0.31 | 0.26 | 0.21 | 0.02 | 0.62 | 0.92 | 1.77 | 2.35 |
| Eps Diluted | -0.27 | -0.35 | 1.54 | 0.58 | 0.31 | 0.26 | 0.21 | 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 | 829.0M | 861.0M | 666.0M | 352.0M | 412.0M | 258.0M | 205.0M | 140.0M | 240.0M | 55.4M | 36.8M | 52.2M |
| Trading Financial Assets | -- | -- | -- | 421.0M | 121.0M | 228.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 787.0M | 1.0B | 2.2B | 794.0M | 516.0M | 448.0M | 396.0M | 369.0M | 326.0M | 282.0M | 180.0M | 128.0M |
| Notes Receivable | 2.6M | 1.9M | 26.0M | 25.3M | 24.2M | 20.9M | 24.7M | 20.2M | 15.7M | 3.4M | 4.1M | -- |
| Notes And Accounts Receivable | 789.0M | 1.0B | 2.2B | 820.0M | 540.0M | 469.0M | 420.0M | 389.0M | 341.0M | 285.0M | 184.0M | 128.0M |
| Prepayments | 4.8M | 10.1M | 15.6M | 15.9M | 16.8M | 15.0M | 8.1M | 8.6M | 40.8M | 29.0M | 22.9M | 12.5M |
| Inventory | 306.0M | 368.0M | 402.0M | 139.0M | 147.0M | 174.0M | 178.0M | 192.0M | 120.0M | 114.0M | 122.0M | 79.8M |
| Total Current Assets | 2.0B | 2.3B | 3.4B | 1.8B | 1.3B | 1.2B | 1.2B | 1.0B | 755.0M | 489.0M | 416.0M | 295.0M |
| Long Term Equity Investment | 1.8M | 14.1M | 16.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 469.0M | 161.0M | 161.0M | 117.0M | 133.0M | 161.0M | 159.0M | 95.5M | 47.8M | 31.5M | 28.8M |
| Fixed Assets Total | 451.0M | 469.0M | 161.0M | 161.0M | 117.0M | 133.0M | 161.0M | 159.0M | 95.5M | 47.8M | 31.5M | 28.8M |
| Construction In Progress | -- | 9.5M | -- | 17.0M | -- | -- | 1.4M | 10.1M | 13.8M | -- | -- | -- |
| Construction In Progress Total | 991,800 | 9.5M | -- | 17.0M | -- | -- | 1.4M | 10.1M | 13.8M | -- | -- | -- |
| Intangible Assets | 24.5M | 26.5M | 13.1M | 14.8M | 12.9M | 11.0M | 22.4M | 20.4M | 9.8M | 2.2M | 2.2M | 1.4M |
| Long Term Deferred Expenses | 30.0M | 37.2M | 49.6M | 32.1M | 36.1M | 40.2M | 46.0M | 41.6M | 12.2M | 9.0M | 1.4M | 1.7M |
| Total Non Current Assets | 625.0M | 660.0M | 358.0M | 338.0M | 219.0M | 228.0M | 286.0M | 297.0M | 189.0M | 76.3M | 47.4M | 34.7M |
| Total Assets | 2.6B | 3.0B | 3.7B | 2.1B | 1.5B | 1.4B | 1.4B | 1.3B | 944.0M | 566.0M | 463.0M | 329.0M |
| Short Term Borrowings | 95.1M | 182.0M | 149.0M | 2.0M | -- | -- | 30.0M | 70.0M | 75.3M | 26.3M | 20.0M | 25.0M |
| Accounts Payable | 389.0M | 502.0M | 753.0M | 253.0M | 125.0M | 105.0M | 160.0M | 91.4M | 87.4M | 56.3M | 45.0M | 52.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 11.1M | 7.9M | 10.5M | 18.8M | 10.7M | 22.8M | 24.6M |
| Contract Liabilities | 15.1M | 6.6M | 28.7M | 9.3M | 18.5M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 616.0M | 823.0M | 1.4B | 413.0M | 218.0M | 179.0M | 257.0M | 221.0M | 329.0M | 261.0M | 259.0M | 199.0M |
| Long Term Borrowings | 134.0M | 146.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 187.0M | 184.0M | 60.3M | 52.7M | 6.1M | 7.3M | 4.9M | 5.0M | 3.1M | 2.8M | 2.9M | -- |
| Total Liabilities | 803.0M | 1.0B | 1.5B | 466.0M | 224.0M | 186.0M | 262.0M | 226.0M | 332.0M | 263.0M | 262.0M | 199.0M |
| Paid In Capital | 401.0M | 401.0M | 401.0M | 401.0M | 352.0M | 352.0M | 352.0M | 352.0M | 98.5M | 89.0M | 39.7M | 39.7M |
| Capital Reserve | 554.0M | 554.0M | 554.0M | 553.0M | 462.0M | 495.0M | 495.0M | 495.0M | 209.0M | 1.2M | 7.8M | 7.8M |
| Surplus Reserve | 86.5M | 86.5M | 86.5M | 37.8M | 22.1M | 15.7M | 12.1M | 4.0M | 3.3M | 735,500 | 1.7M | 766,400 |
| Retained Earnings | 641.0M | 750.0M | 1.0B | 574.0M | 386.0M | 317.0M | 292.0M | 227.0M | 268.0M | 212.0M | 152.0M | 82.5M |
| Minority Equity | 162.0M | 200.0M | 209.0M | 74.9M | 25.1M | 32.4M | 29.1M | 25.8M | 33.0M | -- | -- | -- |
| Equity Attributable | 1.7B | 1.8B | 2.1B | 1.6B | 1.2B | 1.2B | 1.2B | 1.1B | 579.0M | 302.0M | 201.0M | 131.0M |
| Total Equity | 1.8B | 2.0B | 2.3B | 1.6B | 1.2B | 1.2B | 1.2B | 1.1B | 612.0M | 302.0M | 201.0M | 131.0M |
| 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 | 2.1B | 2.9B | 2.8B | 1.4B | 1.2B | 1.2B | 1.1B | 945.0M | 885.0M | 587.0M | 575.0M | 462.0M |
| Tax Refunds Received | 5.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- | 5,600 | -- |
| Total Operating Cash Inflow | 2.1B | 2.9B | 2.9B | 1.4B | 1.3B | 1.2B | 1.1B | 960.0M | 896.0M | 682.0M | 629.0M | 518.0M |
| Cash Paid For Goods | 1.4B | 1.6B | 1.8B | 700.0M | 754.0M | 850.0M | 665.0M | 726.0M | 586.0M | 380.0M | 492.0M | 373.0M |
| Cash Paid To Employees | 274.0M | 462.0M | 564.0M | 247.0M | 173.0M | 148.0M | 132.0M | 136.0M | 97.5M | 49.1M | 46.2M | 28.3M |
| Taxes Paid | 54.3M | 121.0M | 194.0M | 77.2M | 64.4M | 74.0M | 69.4M | 45.0M | 70.8M | 89.4M | 42.6M | 19.1M |
| Total Operating Cash Outflow | 1.9B | 2.4B | 2.8B | 1.2B | 1.1B | 1.2B | 953.0M | 1.1B | 869.0M | 602.0M | 712.0M | 516.0M |
| Operating Cash Flow | 216.0M | 547.0M | 84.2M | 224.0M | 168.0M | 70.6M | 185.0M | -95.5M | 27.1M | 79.7M | -82.8M | 1.6M |
| Total Investing Cash Inflow | 240.0M | 252.0M | 715.0M | 656.0M | 568.0M | 719.0M | 1.4B | 672.0M | 2.8M | 3.0M | 0.00 | 89,200 |
| Total Investing Cash Outflow | 309.0M | 650.0M | 535.0M | 1.1B | 484.0M | 641.0M | 1.5B | 1.1B | 139.0M | 47.3M | 14.9M | 21.6M |
| Investing Cash Flow | -68.6M | -398.0M | 180.0M | -403.0M | 83.7M | 77.5M | -83.6M | -429.0M | -136.0M | -44.3M | -14.9M | -21.5M |
| Cash From Borrowings | 123.0M | 369.0M | 198.0M | 4.0M | -- | -- | 55.0M | 155.0M | 130.0M | 26.3M | 48.0M | 25.0M |
| Dividends And Interest Paid | 57.9M | 137.0M | 126.0M | 13.8M | 35.3M | 66.9M | 3.5M | 27.8M | 9.5M | 9.6M | 6.8M | 1.0M |
| Debt Repayments | 222.0M | 169.0M | 18.0M | 2.0M | -- | 30.0M | 95.0M | 159.0M | 80.6M | 20.0M | 53.0M | -- |
| Total Financing Cash Inflow | 126.0M | 378.0M | 213.0M | 171.0M | 2.2M | 3.3M | 65.3M | 624.0M | 476.0M | 134.0M | 172.0M | 58.8M |
| Total Financing Cash Outflow | 307.0M | 334.0M | 163.0M | 51.0M | 98.3M | 99.7M | 101.0M | 192.0M | 190.0M | 150.0M | 89.8M | 1.0M |
| Financing Cash Flow | -180.0M | 44.7M | 50.5M | 120.0M | -96.1M | -96.4M | -35.3M | 432.0M | 287.0M | -16.7M | 82.3M | 57.8M |
| Net Change In Cash | -32.5M | 193.0M | 314.0M | -60.1M | 155.0M | 51.2M | 65.3M | -92.1M | 178.0M | 18.7M | -15.4M | 37.9M |
| Ending Cash Balance | 826.0M | 858.0M | 666.0M | 351.0M | 412.0M | 256.0M | 205.0M | 140.0M | 233.0M | 55.4M | 36.8M | 52.2M |
| Capex | 76.6M | 399.0M | 230.0M | 119.0M | 44.5M | 39.5M | 73.3M | 131.0M | 103.0M | 42.4M | 14.9M | 16.1M |