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 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.8B | 1.8B | 1.8B | 1.6B | 1.1B | 784.0M | 534.0M | 106.0M | 29.1M |
| Revenue Growth % | 2.2% | -3.6% | 12.4% | 44.2% | 43.2% | 46.8% | 403.8% | 264.1% | -- |
| Total Revenue | 1.8B | 1.8B | 1.8B | 1.6B | 1.1B | 784.0M | 534.0M | 106.0M | 29.1M |
| Cost Of Revenue | 1.3B | 1.3B | 1.4B | 1.2B | 844.0M | 610.0M | 445.0M | 53.4M | 14.1M |
| Gross Profit | 528.0M | 459.0M | 461.0M | 431.0M | 279.0M | 174.0M | 89.0M | 52.6M | 15.1M |
| Gross Margin % | 29.5% | 26.2% | 25.3% | 26.6% | 24.8% | 22.2% | 16.7% | 49.6% | 51.7% |
| Total Operating Cost | 1.6B | 1.6B | 1.6B | 1.4B | 978.0M | 697.0M | 517.0M | 76.0M | 30.7M |
| Selling Expenses | 19.4M | 23.5M | 12.4M | 11.7M | 6.3M | 3.5M | 8.1M | 1.9M | 1.5M |
| Admin Expenses | 144.0M | 127.0M | 94.8M | 72.5M | 50.7M | 50.0M | 35.1M | 14.6M | 8.2M |
| Rd Expenses | 84.7M | 60.7M | 58.3M | 35.5M | 30.8M | 23.7M | 18.3M | -- | -- |
| Finance Expenses | 29.3M | 66.7M | 73.6M | 65.6M | 32.5M | 4.8M | 1.7M | 6.0M | 3.6M |
| Operating Income | 244.0M | 188.0M | 259.0M | 253.0M | 168.0M | 91.0M | 26.0M | 30.2M | 6.7M |
| Operating Margin % | 13.6% | 10.7% | 14.2% | 15.6% | 15.0% | 11.6% | 4.9% | 28.5% | 22.8% |
| Non Operating Income | 728,400 | 205,800 | 5.6M | 544,200 | 84,600 | 297,900 | 89,600 | 4.9M | 1.5M |
| Non Operating Expenses | 10.9M | 3.6M | 5.9M | 1.1M | 512,700 | 402,700 | 834,100 | 38,600 | 761,200 |
| Investment Income | 2.8M | 3.8M | 3.1M | 4.0M | 3.8M | 1.6M | 6.3M | 602,000 | 8.2M |
| Fair Value Change Income | 3,400 | 376,500 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -7.0M | -64,900 | -2,200 | 6.2M | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 28.5M | 29.9M | 11.9M | 13.0M | 5.2M | -- | 6.5M | -1.9M | 1.7M |
| Other Income | 50.6M | 61.7M | 69.4M | 19.6M | 19.7M | 2.8M | 3.1M | -- | -- |
| Income Before Tax | 234.0M | 184.0M | 259.0M | 252.0M | 168.0M | 90.9M | 25.3M | 35.1M | 7.4M |
| Income Tax | 10.1M | -2.2M | 4.7M | 13.0M | 13.3M | 6.8M | 3.5M | 4.0M | 976,600 |
| Net Income | 224.0M | 186.0M | 254.0M | 239.0M | 154.0M | 84.0M | 21.7M | 31.0M | 6.4M |
| Net Margin % | 12.5% | 10.6% | 14.0% | 14.8% | 13.7% | 10.7% | 4.1% | 29.3% | 22.0% |
| Net Income Attributable | 216.0M | 179.0M | 243.0M | 228.0M | 154.0M | 84.0M | 21.9M | 29.4M | 6.3M |
| Minority Interest | 8.1M | 7.5M | 11.6M | 10.9M | 584,300 | 78,900 | -190,500 | 1.6M | 147,200 |
| Eps Basic | 0.89 | 0.82 | 1.33 | 1.25 | 0.96 | 0.57 | 0.15 | 0.26 | 0.06 |
| Eps Diluted | 0.89 | 0.82 | 1.33 | 1.25 | 0.96 | 0.57 | 0.15 | -- | -- |
| 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 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.0B | 1.2B | 476.0M | 416.0M | 423.0M | 80.2M | 182.0M | 36.1M | 23.0M |
| Trading Financial Assets | 50.0M | 175.0M | -- | 300.00 | -- | -- | -- | -- | -- |
| Accounts Receivable | 452.0M | 413.0M | 248.0M | 178.0M | 96.6M | 201.0M | 145.0M | 60.5M | 57.1M |
| Notes Receivable | 74,800 | 2.9M | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 452.0M | 416.0M | 248.0M | 178.0M | 96.6M | 201.0M | 145.0M | 60.5M | 57.1M |
| Prepayments | 20.7M | 21.3M | 16.3M | 12.0M | 10.9M | 6.3M | 7.9M | 4.6M | 2.4M |
| Inventory | 59.7M | 181.0M | 69.0M | 39.6M | 6.2M | 2.3M | 7.4M | 19.4M | 283,100 |
| Total Current Assets | 1.9B | 2.4B | 1.1B | 916.0M | 797.0M | 386.0M | 436.0M | 126.0M | 167.0M |
| Fixed Assets | -- | 501.0M | 491.0M | 481.0M | 355.0M | 305.0M | 269.0M | 84.7M | 81.2M |
| Fixed Assets Total | 536.0M | 501.0M | 491.0M | 481.0M | 355.0M | 305.0M | 269.0M | 84.7M | 81.2M |
| Construction In Progress | -- | 66.9M | 58.5M | 39.7M | 1.3B | 1.3B | 756.0M | -- | 117.0M |
| Construction In Progress Total | 127.0M | 66.9M | 58.5M | 39.7M | 1.3B | 1.3B | 756.0M | -- | 117.0M |
| Intangible Assets | 3.2B | 2.8B | 2.7B | 2.5B | 852.0M | 141.0M | 89.1M | 161.0M | 14.4M |
| Long Term Deferred Expenses | 8.0M | 5.9M | 2.4M | 2.2M | 3.2M | 5.0M | 864,900 | 383,900 | 477,500 |
| Total Non Current Assets | 4.0B | 3.6B | 3.4B | 3.2B | 2.7B | 1.8B | 1.1B | 247.0M | 213.0M |
| Total Assets | 5.9B | 6.0B | 4.5B | 4.1B | 3.5B | 2.1B | 1.6B | 373.0M | 380.0M |
| Short Term Borrowings | -- | 2.0M | -- | 30.0M | -- | 30.0M | -- | 40.0M | 48.7M |
| Accounts Payable | 247.0M | 304.0M | 281.0M | 314.0M | 330.0M | 205.0M | 170.0M | 21.7M | 94.4M |
| Advance Receipts | -- | -- | -- | 600.00 | 8,000 | 1.2M | 304,900 | 875,100 | 333,000 |
| Contract Liabilities | 26.1M | 679,700 | 5.0M | 361,300 | 16,000 | -- | -- | -- | -- |
| Total Current Liabilities | 532.0M | 583.0M | 518.0M | 553.0M | 489.0M | 344.0M | 239.0M | 71.1M | 240.0M |
| Long Term Borrowings | 1.6B | 1.7B | 1.9B | 1.8B | 1.5B | 981.0M | 716.0M | 84.0M | -- |
| Total Non Current Liabilities | 1.7B | 1.9B | 2.0B | 1.9B | 1.6B | 1.0B | 731.0M | 91.6M | 5.8M |
| Total Liabilities | 2.3B | 2.5B | 2.5B | 2.4B | 2.0B | 1.4B | 970.0M | 163.0M | 246.0M |
| Paid In Capital | 244.0M | 244.0M | 183.0M | 183.0M | 183.0M | 149.0M | 147.0M | 120.0M | 102.0M |
| Capital Reserve | 2.2B | 2.2B | 830.0M | 830.0M | 830.0M | 385.0M | 357.0M | 18.8M | -- |
| Surplus Reserve | 35.3M | 35.3M | 35.3M | 22.9M | 22.9M | 14.4M | 9.4M | 6.2M | 3.8M |
| Retained Earnings | 1.1B | 928.0M | 798.0M | 568.0M | 308.0M | 162.0M | 83.4M | 47.8M | 20.8M |
| Minority Equity | 112.0M | 101.0M | 93.6M | 82.7M | 64.7M | 64.1M | 12.4M | 17.5M | 7.9M |
| Equity Attributable | 3.6B | 3.4B | 1.8B | 1.6B | 1.3B | 710.0M | 596.0M | 193.0M | 127.0M |
| Total Equity | 3.7B | 3.5B | 1.9B | 1.7B | 1.4B | 774.0M | 609.0M | 210.0M | 135.0M |
| 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 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.5B | 1.5B | 1.7B | 1.1B | 441.0M | 326.0M | 229.0M | 87.5M | 23.3M |
| Tax Refunds Received | 43.6M | 53.3M | 71.1M | 12.2M | 3.7M | 4.5M | 8.5M | 267,100 | -- |
| Total Operating Cash Inflow | 1.5B | 1.6B | 1.8B | 1.2B | 497.0M | 373.0M | 268.0M | 91.7M | 29.4M |
| Cash Paid For Goods | 624.0M | 982.0M | 972.0M | 604.0M | 200.0M | 190.0M | 102.0M | 46.7M | 11.0M |
| Cash Paid To Employees | 298.0M | 266.0M | 229.0M | 187.0M | 122.0M | 104.0M | 69.3M | 16.2M | 12.0M |
| Taxes Paid | 106.0M | 101.0M | 133.0M | 62.1M | 54.8M | 19.7M | 24.5M | 3.7M | 4.5M |
| Total Operating Cash Outflow | 1.1B | 1.4B | 1.4B | 915.0M | 414.0M | 353.0M | 262.0M | 97.5M | 46.3M |
| Operating Cash Flow | 391.0M | 113.0M | 363.0M | 270.0M | 83.2M | 19.4M | 5.9M | -5.8M | -16.9M |
| Total Investing Cash Inflow | 632.0M | 463.0M | 1.2B | 427.0M | 1.6B | 663.0M | 1.5B | 56.4M | 13.5M |
| Total Investing Cash Outflow | 948.0M | 997.0M | 1.5B | 986.0M | 2.3B | 1.1B | 2.0B | 97.5M | 12.8M |
| Investing Cash Flow | -315.0M | -534.0M | -264.0M | -559.0M | -683.0M | -424.0M | -505.0M | -41.1M | 731,700 |
| Cash From Borrowings | 1.1B | 335.0M | 218.0M | 480.0M | 675.0M | 336.0M | 491.0M | 136.0M | 69.0M |
| Dividends And Interest Paid | 83.8M | 134.0M | 99.5M | 91.6M | 69.4M | 48.4M | 28.2M | 11.0M | 6.0M |
| Debt Repayments | 1.2B | 459.0M | 153.0M | 99.6M | 160.0M | 18.5M | 45.8M | 99.7M | 48.4M |
| Total Financing Cash Inflow | 1.1B | 1.8B | 218.0M | 480.0M | 1.2B | 417.0M | 513.0M | 182.0M | 69.5M |
| Total Financing Cash Outflow | 1.4B | 623.0M | 254.0M | 191.0M | 231.0M | 66.9M | 96.8M | 126.0M | 54.4M |
| Financing Cash Flow | -321.0M | 1.2B | -36.0M | 288.0M | 924.0M | 351.0M | 416.0M | 55.6M | 15.1M |
| Net Change In Cash | -240.0M | 746.0M | 63.6M | -322,300 | 323.0M | -53.6M | -82.9M | 8.6M | -1.1M |
| Ending Cash Balance | 967.0M | 1.2B | 462.0M | 399.0M | 399.0M | 75.5M | 129.0M | 31.6M | 23.0M |
| Capex | 444.0M | 366.0M | 275.0M | 591.0M | 681.0M | 489.0M | 471.0M | 96.5M | 12.8M |