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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.0B | 2.7B | 2.3B | 3.0B | 1.9B | 1.5B | 1.5B | 988.0M | 985.0M | 1.2B |
| Revenue Growth % | 12.5% | 17.3% | -23.6% | 61.1% | 24.0% | 1.5% | 51.0% | 0.3% | -18.1% | -- |
| Total Revenue | 3.0B | 2.7B | 2.3B | 3.0B | 1.9B | 1.5B | 1.5B | 988.0M | 985.0M | 1.2B |
| Cost Of Revenue | 2.9B | 2.5B | 2.2B | 2.8B | 1.7B | 1.4B | 1.4B | 860.0M | 900.0M | 1.1B |
| Gross Profit | 131.0M | 216.0M | 159.0M | 185.0M | 164.0M | 138.0M | 93.0M | 128.0M | 85.0M | 76.0M |
| Gross Margin % | 4.3% | 8.0% | 6.9% | 6.1% | 8.7% | 9.1% | 6.2% | 13.0% | 8.6% | 6.3% |
| Total Operating Cost | 3.0B | 2.6B | 2.2B | 2.9B | 1.8B | 1.5B | 1.5B | 935.0M | 958.0M | 1.2B |
| Selling Expenses | 36.7M | 36.3M | 26.9M | 23.0M | 22.3M | 39.6M | 33.3M | 29.1M | 23.8M | 22.0M |
| Admin Expenses | 34.9M | 31.9M | 21.1M | 24.3M | 21.8M | 19.0M | 21.7M | 26.9M | 11.7M | 10.8M |
| Rd Expenses | 20.2M | 11.5M | 6.7M | 6.6M | 4.9M | 4.2M | 3.5M | -- | -- | -- |
| Finance Expenses | -5.0M | -1.5M | 4.7M | 11.0M | 13.2M | 14.2M | 15.7M | 16.8M | 21.5M | 26.7M |
| Operating Income | 64.3M | 137.0M | 107.0M | 114.0M | 98.6M | 58.9M | 18.7M | 54.2M | 27.9M | 13.8M |
| Operating Margin % | 2.1% | 5.1% | 4.6% | 3.8% | 5.2% | 3.9% | 1.3% | 5.5% | 2.8% | 1.1% |
| Non Operating Income | 322,900 | 148,700 | 132,500 | 195,800 | 122,900 | 99,000 | 85,300 | 610,000 | 702,600 | 211,000 |
| Non Operating Expenses | 47,000 | 2.3M | 30,400 | 79,300 | 2.3M | 67,500 | 50,800 | 218,300 | 35,000 | 4,000 |
| Investment Income | 4.8M | 2.9M | 130,800 | 282,500 | 1.4M | 1.1M | 1.0M | 1.1M | 1.0M | 257,500 |
| Fair Value Change Income | 245,200 | 675,200 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 179,700 | -- | -- | -- | -- | 16,400 | 2,700 | -- | -- | -- |
| Asset Impairment Loss | 237,900 | 501,700 | 255,200 | 3.5M | 1.1M | 553,400 | 4.7M | -793,500 | -64,200 | 2.8M |
| Other Income | 21.2M | 2.8M | 9.4M | 2.3M | 2.2M | 2.2M | 5.7M | -- | -- | -- |
| Income Before Tax | 64.6M | 135.0M | 108.0M | 115.0M | 96.4M | 58.9M | 18.7M | 54.6M | 28.6M | 14.0M |
| Income Tax | 6.4M | 18.9M | 18.1M | 26.9M | 23.2M | 14.0M | 4.4M | 16.2M | 7.2M | 3.6M |
| Net Income | 58.2M | 116.0M | 89.4M | 87.7M | 73.2M | 44.9M | 14.2M | 38.4M | 21.4M | 10.4M |
| Net Margin % | 1.9% | 4.3% | 3.9% | 2.9% | 3.9% | 3.0% | 1.0% | 3.9% | 2.2% | 0.9% |
| Net Income Attributable | 58.2M | 116.0M | 89.4M | 87.5M | 73.1M | 44.8M | 14.1M | 38.0M | 21.0M | 10.1M |
| Minority Interest | 16,100 | 89,500 | 46,200 | 193,400 | 156,200 | 118,000 | 162,800 | 417,600 | 407,100 | 348,600 |
| Eps Basic | 0.41 | 0.97 | 0.85 | 0.83 | 0.69 | 0.43 | 0.13 | 0.38 | 0.21 | 0.10 |
| Eps Diluted | 0.41 | 0.97 | 0.85 | 0.83 | 0.69 | 0.43 | 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 386.0M | 371.0M | 115.0M | 157.0M | 138.0M | 86.3M | 167.0M | 60.3M | 137.0M | 111.0M |
| Trading Financial Assets | 185.0M | 574.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 178.0M | 149.0M | 116.0M | 168.0M | 156.0M | 119.0M | 92.5M | 56.5M | 45.9M | 63.4M |
| Notes Receivable | 43.4M | 29.3M | 27.0M | 38.7M | 40.6M | 35.0M | 55.6M | 37.6M | 60.8M | 9.3M |
| Notes And Accounts Receivable | 221.0M | 179.0M | 143.0M | 206.0M | 196.0M | 154.0M | 148.0M | 94.1M | 107.0M | 72.7M |
| Prepayments | 9.3M | 19.7M | 9.1M | 9.8M | 29.7M | 9.5M | 4.7M | 12.4M | 14.1M | 22.1M |
| Inventory | 119.0M | 151.0M | 99.4M | 85.9M | 77.2M | 85.1M | 69.5M | 69.5M | 55.2M | 72.0M |
| Total Current Assets | 951.0M | 1.3B | 396.0M | 481.0M | 449.0M | 343.0M | 391.0M | 246.0M | 333.0M | 303.0M |
| Fixed Assets | -- | 363.0M | 237.0M | 273.0M | 252.0M | 287.0M | 326.0M | 191.0M | 207.0M | 231.0M |
| Fixed Assets Total | 335.0M | 363.0M | 237.0M | 273.0M | 252.0M | 287.0M | 326.0M | 191.0M | 207.0M | 231.0M |
| Construction In Progress | -- | 7.4M | 4.8M | 962,600 | 701,900 | 1.1M | -- | 1.5M | 815,400 | 424,900 |
| Construction In Progress Total | 205.0M | 7.4M | 4.8M | 962,600 | 701,900 | 1.1M | -- | 1.5M | 815,400 | 424,900 |
| Intangible Assets | 146.0M | 40.2M | 43.0M | 23.2M | 23.8M | 24.4M | 24.9M | 26.1M | 26.6M | 15.4M |
| Total Non Current Assets | 802.0M | 418.0M | 303.0M | 304.0M | 284.0M | 319.0M | 357.0M | 221.0M | 243.0M | 262.0M |
| Total Assets | 1.8B | 1.7B | 699.0M | 785.0M | 733.0M | 662.0M | 748.0M | 468.0M | 576.0M | 565.0M |
| Short Term Borrowings | 40.5M | 27.0M | 41.2M | 203.0M | 262.0M | 203.0M | 290.0M | 265.0M | 384.0M | 283.0M |
| Accounts Payable | 185.0M | 137.0M | 55.5M | 86.7M | 50.7M | 46.4M | 81.8M | 20.0M | 16.3M | 17.1M |
| Advance Receipts | 3.6M | 5.4M | 2.2M | 2.7M | 2.9M | 5.0M | 7.2M | 5.5M | 6.4M | 5.7M |
| Contract Liabilities | 20.3M | 26.7M | 17.8M | 7.9M | 9.9M | -- | -- | -- | -- | -- |
| Total Current Liabilities | 305.0M | 259.0M | 164.0M | 359.0M | 394.0M | 298.0M | 420.0M | 358.0M | 462.0M | 433.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | 79.8M | 94.8M | -- | 40.0M | 76.7M |
| Total Non Current Liabilities | 28.3M | 23.4M | 30.0M | 12.2M | 13.4M | 92.6M | 102.0M | 4.5M | 44.6M | 81.4M |
| Total Liabilities | 333.0M | 283.0M | 194.0M | 372.0M | 408.0M | 391.0M | 523.0M | 363.0M | 506.0M | 515.0M |
| Paid In Capital | 140.0M | 140.0M | 105.0M | 105.0M | 105.0M | 105.0M | 105.0M | 100.0M | 100.0M | 100.0M |
| Capital Reserve | 835.0M | 834.0M | 43.0M | 41.9M | 41.0M | 40.0M | 38.9M | 9.2M | -- | -- |
| Surplus Reserve | 56.2M | 49.6M | 37.9M | 28.9M | 20.3M | 12.9M | 8.5M | 861,100 | 200,000 | 200,000 |
| Retained Earnings | 403.0M | 422.0M | 318.0M | 237.0M | 158.0M | 113.0M | 72.1M | -5.2M | -30.8M | -50.1M |
| Minority Equity | 177,700 | 251,700 | 212,200 | 366,000 | 372,600 | 616,400 | 658,300 | 140,100 | 162,500 | 155,300 |
| Equity Attributable | 1.4B | 1.4B | 504.0M | 413.0M | 325.0M | 271.0M | 225.0M | 105.0M | 69.4M | 50.1M |
| Total Equity | 1.4B | 1.4B | 504.0M | 414.0M | 325.0M | 271.0M | 225.0M | 105.0M | 69.6M | 50.2M |
| 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 3.0B | 2.7B | 2.4B | 3.0B | 1.9B | 1.4B | 1.4B | 1.1B | 985.0M | 1.1B |
| Tax Refunds Received | 38.8M | 26.1M | 6.7M | 10.4M | 5.0M | 3.4M | 1.9M | 659,200 | 2.5M | 1.7M |
| Total Operating Cash Inflow | 3.1B | 2.8B | 2.4B | 3.0B | 1.9B | 1.5B | 1.4B | 1.2B | 993.0M | 1.1B |
| Cash Paid For Goods | 2.9B | 2.5B | 2.1B | 2.8B | 1.7B | 1.3B | 1.3B | 978.0M | 944.0M | 981.0M |
| Cash Paid To Employees | 87.2M | 66.0M | 55.7M | 53.1M | 44.0M | 38.0M | 36.0M | 24.0M | 21.4M | 20.3M |
| Taxes Paid | 15.6M | 26.0M | 50.4M | 50.0M | 37.8M | 26.1M | 23.6M | 31.7M | 9.3M | 2.0M |
| Total Operating Cash Outflow | 3.0B | 2.6B | 2.2B | 2.9B | 1.8B | 1.4B | 1.3B | 1.0B | 984.0M | 1.0B |
| Operating Cash Flow | 66.9M | 132.0M | 168.0M | 147.0M | 114.0M | 77.3M | 81.4M | 108.0M | 9.0M | 139.0M |
| Total Investing Cash Inflow | 2.6B | 874.0M | 120.0M | 300.0M | 361.0M | 829.0M | 794.0M | 1.7B | 1.1B | 256.0M |
| Total Investing Cash Outflow | 2.5B | 1.6B | 158.0M | 356.0M | 367.0M | 866.0M | 850.0M | 1.7B | 1.1B | 276.0M |
| Investing Cash Flow | 24.2M | -690.0M | -37.8M | -55.9M | -6.3M | -36.9M | -56.0M | -113,200 | -11.9M | -19.9M |
| Cash From Borrowings | 40.5M | 51.0M | 79.9M | 245.0M | 418.0M | 296.0M | 432.0M | 457.0M | 549.0M | 519.0M |
| Dividends And Interest Paid | 71.0M | 1.9M | 4.6M | 9.5M | 31.9M | 15.3M | 18.1M | 31.5M | 26.2M | 29.0M |
| Debt Repayments | 27.0M | 64.4M | 242.0M | 305.0M | 439.0M | 402.0M | 408.0M | 612.0M | 495.0M | 583.0M |
| Total Financing Cash Inflow | 40.5M | 902.0M | 79.9M | 245.0M | 418.0M | 316.0M | 452.0M | 610.0M | 686.0M | 562.0M |
| Total Financing Cash Outflow | 121.0M | 89.9M | 251.0M | 317.0M | 472.0M | 437.0M | 446.0M | 721.0M | 663.0M | 695.0M |
| Financing Cash Flow | -80.1M | 813.0M | -172.0M | -72.3M | -54.3M | -121.0M | 5.9M | -111.0M | 22.3M | -133.0M |
| Net Change In Cash | 15.0M | 255.0M | -41.8M | 18.4M | 52.5M | -80.4M | 31.2M | -3.2M | 20.1M | -13.5M |
| Ending Cash Balance | 385.0M | 370.0M | 115.0M | 157.0M | 138.0M | 85.8M | 166.0M | 60.3M | 63.6M | 43.4M |
| Capex | 380.0M | 120.0M | 38.0M | 56.2M | 17.2M | 38.0M | 57.1M | 9.2M | 13.9M | 4.1M |