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 | 5.1B | 5.6B | 6.7B | 6.7B | 5.1B | 4.6B | 4.4B | 3.9B | 3.1B | 2.7B |
| Revenue Growth % | -8.1% | -17.4% | -0.0% | 32.6% | 11.2% | 4.3% | 10.9% | 26.8% | 15.6% | -- |
| Total Revenue | 5.1B | 5.6B | 6.7B | 6.7B | 5.1B | 4.6B | 4.4B | 3.9B | 3.1B | 2.7B |
| Cost Of Revenue | 4.8B | 4.9B | 5.6B | 5.0B | 3.6B | 3.1B | 3.1B | 2.9B | 2.3B | 2.1B |
| Gross Profit | 312.0M | 642.0M | 1.1B | 1.7B | 1.5B | 1.4B | 1.3B | 1.1B | 862.0M | 568.0M |
| Gross Margin % | 6.1% | 11.5% | 17.0% | 25.8% | 29.0% | 31.2% | 30.1% | 27.4% | 27.7% | 21.1% |
| Total Operating Cost | 5.6B | 5.6B | 6.4B | 5.8B | 4.4B | 4.1B | 4.0B | 3.7B | 3.0B | 2.9B |
| Selling Expenses | 9.3M | 9.5M | 10.5M | 12.6M | 14.8M | 85.7M | 68.9M | 55.1M | 64.5M | 71.3M |
| Admin Expenses | 288.0M | 241.0M | 273.0M | 288.0M | 257.0M | 273.0M | 215.0M | 193.0M | 291.0M | 266.0M |
| Rd Expenses | 212.0M | 235.0M | 230.0M | 230.0M | 187.0M | 184.0M | 171.0M | 131.0M | -- | -- |
| Finance Expenses | 776,100 | 4.4M | 11.2M | 81.5M | 129.0M | 190.0M | 266.0M | 300.0M | 296.0M | 381.0M |
| Operating Income | -453.0M | -4.2M | 397.0M | 962.0M | 725.0M | 575.0M | 464.0M | 268.0M | 112.0M | -183.0M |
| Operating Margin % | -8.9% | -0.1% | 5.9% | 14.3% | 14.3% | 12.6% | 10.6% | 6.8% | 3.6% | -6.8% |
| Non Operating Income | 7.8M | 26.9M | 15.6M | 6.4M | 2.2M | 3.8M | 3.1M | 1.6M | 54.6M | 48.1M |
| Non Operating Expenses | 2.5M | 5.7M | 2.9M | 52.8M | 3.9M | 1.4M | 1.0M | 21.5M | 223,600 | 229,900 |
| Investment Income | -1.3M | -1.4M | 7.8M | -- | -- | 21.4M | 12.8M | 7.4M | 2.2M | 2.8M |
| Asset Disposal Income | -79,200 | -12,300 | -- | 6,700 | -- | -- | 26,900 | -- | -12,200 | -- |
| Asset Impairment Loss | 90.7M | 24.7M | 66.7M | -- | -- | -- | -1.1M | -16.2M | -5.6M | 21.4M |
| Other Income | 22.0M | 54.0M | 27.6M | 26.1M | 30.5M | 36.9M | 25.6M | 30.8M | -- | -- |
| Income Before Tax | -448.0M | 17.0M | 410.0M | 915.0M | 724.0M | 577.0M | 466.0M | 248.0M | 166.0M | -136.0M |
| Income Tax | -18.7M | -13.2M | -12.3M | 130.0M | 110.0M | 76.1M | 52.5M | 49.5M | 165.0M | -27.5M |
| Net Income | -429.0M | 30.2M | 422.0M | 785.0M | 613.0M | 501.0M | 413.0M | 199.0M | 567,000 | -108.0M |
| Net Margin % | -8.4% | 0.5% | 6.3% | 11.6% | 12.1% | 11.0% | 9.4% | 5.0% | 0.0% | -4.0% |
| Net Income Attributable | -429.0M | 30.2M | 422.0M | 785.0M | 613.0M | 501.0M | 413.0M | 199.0M | 567,000 | -108.0M |
| Eps Basic | -0.12 | 0.01 | 0.12 | 0.25 | 0.20 | 0.20 | 0.21 | 0.13 | 0.00 | -0.07 |
| Eps Diluted | -0.12 | 0.01 | 0.12 | 0.25 | -- | 0.20 | 0.21 | 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 | 652.0M | 856.0M | 770.0M | 1.2B | 267.0M | 415.0M | 383.0M | 425.0M | 449.0M | 404.0M |
| Accounts Receivable | 64.5M | 46.6M | 25.8M | 22.7M | 29.2M | 27.1M | 71.4M | 97.2M | 189.0M | 247.0M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | 53.7M | 74.4M | 52.5M | 42.3M |
| Notes And Accounts Receivable | 64.5M | 46.6M | 25.8M | 22.7M | 29.2M | 27.1M | 125.0M | 172.0M | 241.0M | 289.0M |
| Prepayments | 8.5M | 14.1M | 3.9M | 2.8M | 3.4M | 2.3M | 3.4M | 1.5M | 2.9M | 3.1M |
| Inventory | 242.0M | 210.0M | 275.0M | 360.0M | 195.0M | 194.0M | 260.0M | 178.0M | 200.0M | 115.0M |
| Total Current Assets | 1.2B | 1.3B | 1.2B | 1.7B | 587.0M | 766.0M | 1.3B | 787.0M | 1.1B | 1.2B |
| Long Term Equity Investment | 11.8M | 10.2M | 9.5M | -- | -- | -- | 70.0M | 66.3M | 63.2M | 60.9M |
| Fixed Assets | -- | 6.2B | 6.6B | 6.6B | 7.0B | 5.9B | 5.9B | -- | 6.4B | 6.8B |
| Fixed Assets Total | 6.3B | 6.2B | 6.6B | 6.6B | 7.0B | 5.9B | 5.9B | 6.2B | 6.4B | 6.8B |
| Construction In Progress | -- | 972.0M | 55.1M | 56.3M | 29.2M | 1.4B | 475.0M | -- | 124.0M | 75,500 |
| Construction In Progress Total | 1.9B | 972.0M | 55.1M | 56.3M | 29.2M | 1.4B | 475.0M | 14.8M | 124.0M | 75,500 |
| Intangible Assets | 533.0M | 551.0M | 576.0M | 600.0M | 623.0M | 482.0M | 493.0M | 505.0M | 516.0M | 507.0M |
| Long Term Deferred Expenses | 24.8M | 27.8M | 30.9M | 36.6M | 36.1M | 42.2M | 48.3M | 32.1M | 19.4M | 18.8M |
| Total Non Current Assets | 9.1B | 8.1B | 7.7B | 7.4B | 7.8B | 8.1B | 7.3B | 7.2B | 7.3B | 7.8B |
| Total Assets | 10.3B | 9.3B | 8.9B | 9.1B | 8.4B | 8.9B | 8.6B | 8.0B | 8.4B | 8.9B |
| Short Term Borrowings | -- | -- | -- | 193.0M | 478.0M | 211.0M | 573.0M | 981.0M | 853.0M | 1.0B |
| Accounts Payable | 1.5B | 965.0M | 790.0M | 801.0M | 757.0M | 859.0M | 597.0M | 728.0M | 1.1B | 1.1B |
| Advance Receipts | -- | -- | -- | -- | -- | 111.0M | 53.6M | 68.6M | 50.4M | 61.1M |
| Contract Liabilities | 70.4M | 72.8M | 81.2M | 174.0M | 156.0M | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.2B | 2.4B | 2.0B | 2.5B | 2.9B | 3.1B | 3.9B | 3.6B | 3.8B | 4.0B |
| Long Term Borrowings | 868.0M | 258.0M | -- | -- | 978.0M | 1.9B | 2.1B | 2.9B | 3.5B | 3.8B |
| Total Non Current Liabilities | 1.1B | 553.0M | 345.0M | 321.0M | 1.4B | 2.2B | 2.6B | 3.6B | 3.9B | 4.2B |
| Total Liabilities | 4.4B | 2.9B | 2.4B | 2.8B | 4.3B | 5.4B | 6.5B | 7.2B | 7.7B | 8.2B |
| Paid In Capital | 3.5B | 3.5B | 3.5B | 3.5B | 3.1B | 3.1B | 2.4B | 1.5B | 1.5B | 1.5B |
| Capital Reserve | 1.3B | 1.3B | 1.3B | 1.3B | 298.0M | 298.0M | 47.3M | 579,100 | 579,100 | 579,100 |
| Surplus Reserve | 163.0M | 163.0M | 163.0M | 126.0M | 42.5M | 12.1M | -- | -- | -- | -- |
| Retained Earnings | 923.0M | 1.4B | 1.5B | 1.4B | 648.0M | 65.2M | -340.0M | -754.0M | -794.0M | -795.0M |
| Equity Attributable | 5.9B | 6.4B | 6.5B | 6.3B | 4.1B | 3.5B | 2.1B | 763.0M | 713.0M | 718.0M |
| Total Equity | 5.9B | 6.4B | 6.5B | 6.3B | 4.1B | 3.5B | 2.1B | 763.0M | 713.0M | 718.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 4.1B | 5.0B | 4.7B | 4.6B | 4.3B | 3.0B | 2.3B | 2.0B | 1.9B | 1.4B |
| Tax Refunds Received | 7.7M | 10.8M | 31.6M | 11.0M | 15.0M | 22.2M | 13.8M | 20.1M | 42.2M | 35.9M |
| Total Operating Cash Inflow | 4.2B | 5.1B | 4.8B | 4.6B | 4.4B | 3.0B | 2.5B | 2.1B | 1.9B | 1.5B |
| Cash Paid For Goods | 3.1B | 3.6B | 2.8B | 2.3B | 2.3B | 1.8B | 1.1B | 738.0M | 567.0M | 254.0M |
| Cash Paid To Employees | 412.0M | 383.0M | 380.0M | 389.0M | 317.0M | 311.0M | 241.0M | 179.0M | 142.0M | 134.0M |
| Taxes Paid | 312.0M | 371.0M | 538.0M | 577.0M | 556.0M | 288.0M | 393.0M | 222.0M | 103.0M | 151.0M |
| Total Operating Cash Outflow | 3.9B | 4.5B | 3.8B | 3.4B | 3.2B | 2.5B | 1.9B | 1.2B | 1.1B | 799.0M |
| Operating Cash Flow | 262.0M | 584.0M | 1.0B | 1.2B | 1.2B | 561.0M | 581.0M | 893.0M | 853.0M | 658.0M |
| Total Investing Cash Inflow | 5.3M | 2.6M | 15.7M | 2.9M | 5.9M | 1.0B | 539.0M | 17.6M | 7.3M | 7.7M |
| Total Investing Cash Outflow | 1.3B | 682.0M | 544.0M | 133.0M | 209.0M | 850.0M | 1.0B | 15.9M | 88.2M | 98.7M |
| Investing Cash Flow | -1.3B | -679.0M | -528.0M | -130.0M | -203.0M | 175.0M | -506.0M | 1.6M | -80.9M | -91.0M |
| Cash From Borrowings | 1.0B | 338.0M | -- | 244.0M | 562.0M | 751.0M | 1.7B | 2.2B | 1.3B | 658.0M |
| Dividends And Interest Paid | 33.1M | 133.0M | 287.0M | 73.7M | 215.0M | 194.0M | 255.0M | 276.0M | 284.0M | 370.0M |
| Debt Repayments | 135.0M | 80.0M | 739.0M | 1.7B | 1.4B | 2.2B | 2.4B | 1.7B | 1.7B | 752.0M |
| Total Financing Cash Inflow | 1.0B | 408.0M | -- | 1.7B | 571.0M | 1.8B | 2.6B | 2.9B | 2.9B | 2.2B |
| Total Financing Cash Outflow | 168.0M | 213.0M | 1.0B | 1.7B | 1.7B | 2.4B | 2.7B | 3.6B | 3.6B | 2.8B |
| Financing Cash Flow | 865.0M | 196.0M | -1.0B | -76.2M | -1.1B | -640.0M | -114.0M | -740.0M | -736.0M | -567.0M |
| Net Change In Cash | -191.0M | 100.0M | -553.0M | 1.0B | -112.0M | 96.5M | -39.3M | 155.0M | 35.9M | -472,600 |
| Ending Cash Balance | 556.0M | 747.0M | 646.0M | 1.2B | 172.0M | 285.0M | 188.0M | 227.0M | 71.9M | 35.9M |
| Capex | 1.3B | 680.0M | 534.0M | 133.0M | 209.0M | 376.0M | 81.2M | 15.9M | 88.2M | 98.7M |