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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.4B | 1.9B | 1.6B | 2.1B | 1.1B | 996.0M | 841.0M | 489.0M | 90.3M | 84.3M |
| Revenue Growth % | 30.9% | 18.2% | -24.4% | 88.8% | 10.5% | 18.4% | 72.0% | 441.3% | 7.2% | -- |
| Total Revenue | 2.4B | 1.9B | 1.6B | 2.1B | 1.1B | 996.0M | 841.0M | 489.0M | 90.3M | 84.3M |
| Cost Of Revenue | 1.4B | 897.0M | 682.0M | 1.3B | 395.0M | 404.0M | 352.0M | 198.0M | 83.2M | 70.7M |
| Gross Profit | 1.0B | 960.0M | 889.0M | 794.0M | 706.0M | 592.0M | 489.0M | 291.0M | 7.1M | 13.6M |
| Gross Margin % | 42.0% | 51.7% | 56.6% | 38.2% | 64.1% | 59.4% | 58.1% | 59.5% | 7.9% | 16.2% |
| Total Operating Cost | 1.8B | 1.3B | 1.0B | 1.6B | 615.0M | 633.0M | 530.0M | 279.0M | 108.0M | 81.8M |
| Selling Expenses | 22,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Admin Expenses | 147.0M | 142.0M | 114.0M | 107.0M | 73.2M | 56.8M | 50.1M | 42.8M | 11.9M | 4.1M |
| Rd Expenses | 63.8M | 57.0M | 51.0M | 47.9M | 30.2M | 34.4M | 21.1M | 10.1M | -- | -- |
| Finance Expenses | 98.8M | 121.0M | 148.0M | 110.0M | 86.5M | 98.3M | 80.4M | 15.0M | 8.5M | 8.7M |
| Operating Income | 761.0M | 701.0M | 619.0M | 570.0M | 509.0M | 383.0M | 339.0M | 230.0M | -17.5M | 2.7M |
| Operating Margin % | 31.3% | 37.7% | 39.4% | 27.4% | 46.2% | 38.5% | 40.3% | 47.0% | -19.4% | 3.2% |
| Non Operating Income | 3.0M | 2.5M | 5.8M | 4.1M | 288,800 | 1.4M | 100,700 | 7,900 | 13.5M | 2.7M |
| Non Operating Expenses | 1.5M | 426,400 | 647,600 | 131,300 | 6.2M | 649,500 | 749,900 | 2.3M | -- | -- |
| Investment Income | 31.9M | 25.2M | 5.9M | -3.1M | -- | -- | -- | -- | -- | 229,500 |
| Fair Value Change Income | 8.4M | 27.0M | 37.8M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -20,600 | 353,000 | -- | -- | -- | -- | -2.1M | 16,400 | -- | -- |
| Asset Impairment Loss | -2.5M | 1.3M | 680,200 | -213,000 | 2.1M | -- | 8.7M | 2.8M | 1.2M | -2.2M |
| Other Income | 56.2M | 54.0M | 44.1M | 53.4M | 22.6M | 20.3M | 30.0M | 20.0M | -- | -- |
| Income Before Tax | 763.0M | 703.0M | 624.0M | 574.0M | 503.0M | 384.0M | 339.0M | 227.0M | -4.0M | 5.4M |
| Income Tax | 76.3M | 49.9M | 36.4M | 34.6M | 15.6M | 21.2M | 36.0M | 58.0M | 381,900 | 170,000 |
| Net Income | 686.0M | 653.0M | 587.0M | 539.0M | 488.0M | 363.0M | 303.0M | 169.0M | -4.4M | 5.2M |
| Net Margin % | 28.2% | 35.2% | 37.4% | 25.9% | 44.3% | 36.4% | 36.0% | 34.6% | -4.9% | 6.2% |
| Net Income Attributable | 536.0M | 514.0M | 466.0M | 447.0M | 415.0M | 319.0M | 266.0M | 172.0M | -2.4M | 5.2M |
| Minority Interest | 150.0M | 139.0M | 121.0M | 92.7M | 72.4M | 44.3M | 36.3M | -2.5M | -2.0M | -- |
| Eps Basic | 1.31 | 1.25 | 1.24 | 1.45 | 2.03 | 1.55 | 1.44 | 1.03 | -0.13 | 0.17 |
| Eps Diluted | 1.31 | 1.25 | 1.24 | 1.45 | 2.03 | 1.55 | 1.44 | 1.03 | -0.13 | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.5B | 870.0M | 1.0B | 779.0M | 650.0M | 610.0M | 531.0M | 246.0M | 267.0M | 89.2M |
| Trading Financial Assets | 547.0M | 814.0M | 1.7B | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.8B | 766.0M | 563.0M | 295.0M | 178.0M | 126.0M | 107.0M | 18.2M | -- | -- |
| Notes Receivable | -- | 10.9M | 9.3M | 10.4M | 8.4M | 10.3M | 2.0M | -- | -- | -- |
| Notes And Accounts Receivable | 1.8B | 777.0M | 572.0M | 305.0M | 186.0M | 137.0M | 109.0M | 18.2M | -- | -- |
| Prepayments | 15.1M | 14.1M | 5.8M | 4.1M | 2.4M | 3.3M | 2.6M | 607,000 | 349,600 | 4.5M |
| Inventory | 36.3M | 28.0M | 19.1M | 15.9M | 6.0M | 5.3M | 2.8M | 934,600 | -- | -- |
| Total Current Assets | 4.2B | 2.8B | 3.5B | 1.3B | 1.0B | 855.0M | 810.0M | 486.0M | 397.0M | 106.0M |
| Long Term Equity Investment | 2.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 16.9M | 13.6M | 12.7M | 12.8M | 6.7M | 7.4M | 10.2M | 3.5M | 893,000 |
| Fixed Assets Total | 579.0M | 16.9M | 13.6M | 12.7M | 12.8M | 6.7M | 7.4M | 10.2M | 3.5M | 893,000 |
| Construction In Progress | -- | 32.1M | 19.9M | 5.3M | 2.0B | 731.0M | 23.4M | 2.3B | 774.0M | -- |
| Construction In Progress Total | 106.0M | 32.1M | 19.9M | 5.3M | 2.0B | 731.0M | 23.4M | 2.3B | 774.0M | -- |
| Intangible Assets | 8.0B | 5.8B | 5.7B | 5.8B | 3.0B | 3.1B | 3.3B | 604.0M | 334.0M | 360.0M |
| Long Term Deferred Expenses | 97.5M | 3.7M | 3.7M | 5.1M | 6.5M | -- | -- | -- | -- | -- |
| Total Non Current Assets | 9.8B | 6.8B | 6.3B | 6.2B | 5.3B | 4.2B | 3.5B | 3.1B | 1.3B | 361.0M |
| Total Assets | 14.0B | 9.7B | 9.8B | 7.5B | 6.3B | 5.0B | 4.3B | 3.6B | 1.7B | 466.0M |
| Short Term Borrowings | -- | -- | -- | 71.9M | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 430.0M | 291.0M | 404.0M | 694.0M | 782.0M | 585.0M | 660.0M | 673.0M | 172.0M | 71.9M |
| Advance Receipts | 300,700 | -- | -- | -- | -- | 191,300 | -- | -- | 18.2M | 8.8M |
| Contract Liabilities | 5.7M | 281,400 | 266,800 | 306,400 | 293,300 | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.8B | 938.0M | 909.0M | 1.2B | 1.0B | 975.0M | 1.0B | 1.1B | 779.0M | 153.0M |
| Long Term Borrowings | 2.4B | 2.2B | 2.6B | 2.8B | 2.6B | 1.8B | 1.5B | 1.2B | 150.0M | 180.0M |
| Total Non Current Liabilities | 3.6B | 3.0B | 3.3B | 3.5B | 3.0B | 2.2B | 1.9B | 1.4B | 209.0M | 223.0M |
| Total Liabilities | 5.4B | 3.9B | 4.2B | 4.7B | 4.1B | 3.1B | 2.9B | 2.5B | 988.0M | 376.0M |
| Paid In Capital | 516.0M | 410.0M | 410.0M | 205.0M | 205.0M | 205.0M | 205.0M | 178.0M | 50.0M | 30.0M |
| Capital Reserve | 4.0B | 2.6B | 2.5B | 475.0M | 454.0M | 471.0M | 471.0M | 364.0M | 578.0M | 6.9M |
| Surplus Reserve | 211.0M | 156.0M | 115.0M | 101.0M | 77.5M | 49.7M | 21.8M | 9.7M | -- | 5.3M |
| Retained Earnings | 2.1B | 2.0B | 1.9B | 1.6B | 1.1B | 865.0M | 574.0M | 320.0M | -8.0M | 47.5M |
| Minority Equity | 1.7B | 584.0M | 546.0M | 434.0M | 369.0M | 316.0M | 187.0M | 151.0M | 114.0M | -- |
| Equity Attributable | 6.9B | 5.1B | 5.0B | 2.4B | 1.9B | 1.6B | 1.3B | 871.0M | 620.0M | 89.7M |
| Total Equity | 8.6B | 5.7B | 5.5B | 2.8B | 2.3B | 1.9B | 1.5B | 1.0B | 734.0M | 89.7M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.6B | 1.4B | 1.3B | 1.3B | 1.1B | 1.1B | 900.0M | 541.0M | 117.0M | 101.0M |
| Tax Refunds Received | 53.3M | 46.3M | 42.7M | 51.3M | 20.3M | 18.6M | 29.4M | 19.7M | 11.3M | 799,700 |
| Total Operating Cash Inflow | 1.7B | 1.5B | 1.4B | 1.5B | 1.2B | 1.1B | 951.0M | 669.0M | 139.0M | 102.0M |
| Cash Paid For Goods | 242.0M | 277.0M | 291.0M | 301.0M | 215.0M | 233.0M | 183.0M | 132.0M | 45.7M | 47.7M |
| Cash Paid To Employees | 175.0M | 164.0M | 132.0M | 112.0M | 90.7M | 84.2M | 74.3M | 42.5M | 11.7M | 4.9M |
| Taxes Paid | 200.0M | 124.0M | 115.0M | 122.0M | 82.9M | 75.6M | 94.1M | 90.7M | 14.3M | 6.2M |
| Total Operating Cash Outflow | 690.0M | 625.0M | 631.0M | 642.0M | 436.0M | 453.0M | 379.0M | 325.0M | 82.1M | 70.0M |
| Operating Cash Flow | 971.0M | 869.0M | 790.0M | 809.0M | 753.0M | 678.0M | 572.0M | 344.0M | 56.6M | 32.4M |
| Total Investing Cash Inflow | 6.2B | 3.7B | 1.5B | 10,400 | 12,600 | -- | 18,400 | 105,600 | -- | 10.2M |
| Total Investing Cash Outflow | 6.1B | 3.8B | 3.8B | 909.0M | 1.2B | 932.0M | 489.0M | 845.0M | 607.0M | 15.9M |
| Investing Cash Flow | 164.0M | -160.0M | -2.3B | -909.0M | -1.2B | -932.0M | -489.0M | -845.0M | -607.0M | -5.7M |
| Cash From Borrowings | 588.0M | 80.0M | 122.0M | 582.0M | 1.0B | 480.0M | 400.0M | 1.4B | 500.0M | -- |
| Dividends And Interest Paid | 663.0M | 577.0M | 250.0M | 167.0M | 251.0M | 121.0M | 86.2M | 160.0M | 17.1M | 14.4M |
| Debt Repayments | 501.0M | 380.0M | 382.0M | 186.0M | 185.0M | 180.0M | 173.0M | 695.0M | 30.0M | 30.0M |
| Total Financing Cash Inflow | 613.0M | 80.0M | 2.4B | 582.0M | 1.1B | 618.0M | 542.0M | 1.5B | 786.0M | -- |
| Total Financing Cash Outflow | 1.2B | 958.0M | 650.0M | 356.0M | 559.0M | 303.0M | 339.0M | 951.0M | 59.2M | 64.4M |
| Financing Cash Flow | -552.0M | -878.0M | 1.8B | 227.0M | 508.0M | 315.0M | 203.0M | 544.0M | 727.0M | -64.4M |
| Net Change In Cash | 583.0M | -170.0M | 263.0M | 126.0M | 50.4M | 60.5M | 286.0M | 42.9M | 177.0M | -37.6M |
| Ending Cash Balance | 1.4B | 861.0M | 1.0B | 769.0M | 642.0M | 592.0M | 531.0M | 246.0M | 201.0M | 23.9M |
| Capex | 920.0M | 569.0M | 397.0M | 909.0M | 1.2B | 932.0M | 489.0M | 845.0M | 607.0M | 15.9M |