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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.7B | 5.3B | 5.1B | 4.6B | 5.0B | 4.8B | 4.7B | 4.1B | 3.2B |
| Revenue Growth % | -11.8% | 4.4% | 10.9% | -8.5% | 4.3% | 3.1% | 13.7% | 27.1% | -- |
| Total Revenue | 4.7B | 5.3B | 5.1B | 4.6B | 5.0B | 4.8B | 4.7B | 4.1B | 3.2B |
| Cost Of Revenue | 4.2B | 4.7B | 4.6B | 3.9B | 4.3B | 4.0B | 3.8B | 3.3B | 2.5B |
| Gross Profit | 512.0M | 621.0M | 518.0M | 662.0M | 737.0M | 784.0M | 880.0M | 837.0M | 735.0M |
| Gross Margin % | 10.9% | 11.7% | 10.2% | 14.4% | 14.7% | 16.3% | 18.8% | 20.4% | 22.7% |
| Total Operating Cost | 4.7B | 5.2B | 5.1B | 4.5B | 4.8B | 4.6B | 4.3B | 3.7B | 2.9B |
| Selling Expenses | 15.1M | 21.6M | 23.1M | 23.7M | 26.3M | 68.2M | 64.4M | 55.8M | 51.5M |
| Admin Expenses | 187.0M | 191.0M | 197.0M | 222.0M | 195.0M | 189.0M | 183.0M | 171.0M | 142.0M |
| Rd Expenses | 211.0M | 216.0M | 197.0M | 185.0M | 150.0M | 154.0M | 159.0M | 134.0M | 106.0M |
| Finance Expenses | 25.6M | 36.0M | 27.5M | 22.1M | 42.2M | 74.2M | 66.7M | 45.6M | 36.8M |
| Operating Income | 44.6M | 129.0M | 83.8M | 242.0M | 289.0M | 245.0M | 379.0M | 407.0M | 483.0M |
| Operating Margin % | 1.0% | 2.4% | 1.6% | 5.3% | 5.8% | 5.1% | 8.1% | 9.9% | 14.9% |
| Non Operating Income | 1.1M | 1.2M | 3.3M | 2.9M | 729,700 | 172,700 | 6.0M | 416,100 | 4.1M |
| Non Operating Expenses | 4.5M | 1.3M | 979,800 | 2.2M | 194,200 | 790,600 | 1.9M | 366,400 | 82,600 |
| Investment Income | 16.1M | 17.7M | 70.4M | 13.6M | -6.9M | -5.5M | 24.7M | 32.8M | 112.0M |
| Fair Value Change Income | -- | -- | -575,000 | -578,800 | -- | -- | -- | -- | -- |
| Asset Disposal Income | -455,400 | 20,200 | 1.3M | 63.7M | -2.4M | -919,100 | -1.8M | -2.4M | -1.9M |
| Asset Impairment Loss | 57.3M | 33.1M | 48.6M | 40.1M | 20.3M | 27.3M | 33.6M | 35.7M | 6.9M |
| Other Income | 40.5M | 20.5M | 20.5M | 20.3M | 29.1M | 17.1M | 9.8M | 8.5M | -- |
| Income Before Tax | 41.2M | 129.0M | 86.1M | 243.0M | 289.0M | 244.0M | 383.0M | 407.0M | 487.0M |
| Income Tax | -3.4M | 29.0M | 14.9M | 37.0M | 43.7M | 35.1M | 48.2M | 70.7M | 75.2M |
| Net Income | 44.6M | 100.0M | 71.2M | 206.0M | 245.0M | 209.0M | 335.0M | 336.0M | 412.0M |
| Net Margin % | 1.0% | 1.9% | 1.4% | 4.5% | 4.9% | 4.3% | 7.2% | 8.2% | 12.7% |
| Net Income Attributable | 48.8M | 102.0M | 58.4M | 149.0M | 165.0M | 151.0M | 269.0M | 280.0M | 385.0M |
| Minority Interest | -4.2M | -1.2M | 12.9M | 57.1M | 80.3M | 58.8M | 65.8M | 55.6M | 26.9M |
| Eps Basic | 0.03 | 0.07 | 0.04 | 0.10 | 0.12 | 0.11 | 0.24 | -- | -- |
| Eps Diluted | 0.03 | 0.07 | 0.04 | 0.10 | 0.12 | 0.11 | 0.24 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.5B | 1.7B | 1.1B | 1.0B | 1.2B | 680.0M | 829.0M | 328.0M | 352.0M |
| Trading Financial Assets | -- | -- | 442,600 | 1.7M | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.0B | 1.1B | 1.2B | 859.0M | 668.0M | 760.0M | 860.0M | 797.0M | 627.0M |
| Notes Receivable | 27.1M | 32.3M | 24.1M | -- | -- | -- | 244.0M | 234.0M | 285.0M |
| Notes And Accounts Receivable | 1.1B | 1.1B | 1.2B | 859.0M | 668.0M | 760.0M | 1.1B | 1.0B | 913.0M |
| Prepayments | 241.0M | 182.0M | 227.0M | 199.0M | 177.0M | 168.0M | 194.0M | 191.0M | 196.0M |
| Inventory | 1.0B | 1.3B | 1.4B | 1.2B | 982.0M | 1.1B | 1.3B | 873.0M | 739.0M |
| Total Current Assets | 4.1B | 4.7B | 4.3B | 3.7B | 3.6B | 3.1B | 3.5B | 2.5B | 2.2B |
| Long Term Equity Investment | 172.0M | 174.0M | 185.0M | 303.0M | 317.0M | 306.0M | 172.0M | 165.0M | 145.0M |
| Fixed Assets | -- | 2.5B | 2.4B | 2.1B | 2.0B | 1.9B | 1.8B | 1.4B | -- |
| Fixed Assets Total | 2.7B | 2.5B | 2.4B | 2.1B | 2.0B | 1.9B | 1.8B | 1.4B | 1.2B |
| Construction In Progress | -- | 300.0M | 273.0M | 319.0M | 305.0M | 290.0M | 226.0M | 384.0M | -- |
| Construction In Progress Total | 147.0M | 300.0M | 273.0M | 319.0M | 305.0M | 290.0M | 226.0M | 384.0M | 265.0M |
| Intangible Assets | 311.0M | 331.0M | 325.0M | 306.0M | 322.0M | 338.0M | 346.0M | 362.0M | 379.0M |
| Long Term Deferred Expenses | 13.2M | 13.2M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 3.8B | 3.7B | 3.7B | 3.4B | 3.4B | 3.3B | 2.9B | 2.6B | 2.2B |
| Total Assets | 7.8B | 8.4B | 7.9B | 7.1B | 7.0B | 6.4B | 6.4B | 5.1B | 4.5B |
| Short Term Borrowings | 83.1M | 418.0M | 260.0M | 258.0M | 246.0M | 397.0M | 394.0M | 275.0M | 390.0M |
| Accounts Payable | 1.1B | 1.1B | 1.2B | 1.1B | 1.3B | 960.0M | 982.0M | 782.0M | 711.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 23.4M | 45.8M | 67.5M | 56.1M |
| Contract Liabilities | 27.1M | 40.3M | 32.0M | 15.7M | 17.1M | -- | -- | -- | -- |
| Total Current Liabilities | 2.7B | 2.7B | 3.0B | 2.5B | 2.6B | 2.4B | 2.4B | 1.8B | 1.9B |
| Long Term Borrowings | 284.0M | 847.0M | 646.0M | 403.0M | 620.0M | 310.0M | 434.0M | 535.0M | 189.0M |
| Total Non Current Liabilities | 423.0M | 991.0M | 803.0M | 529.0M | 770.0M | 518.0M | 720.0M | 689.0M | 318.0M |
| Total Liabilities | 3.1B | 3.7B | 3.8B | 3.0B | 3.4B | 3.0B | 3.2B | 2.5B | 2.2B |
| Paid In Capital | 1.6B | 1.6B | 1.5B | 1.5B | 1.3B | 1.3B | 1.3B | 1.1B | 1.0B |
| Capital Reserve | 1.1B | 1.1B | 758.0M | 763.0M | 663.0M | 663.0M | 659.0M | 108.0M | 111.0M |
| Surplus Reserve | 57.2M | 47.3M | 46.6M | 40.7M | 33.3M | 21.2M | 15.1M | 63.3M | 55.8M |
| Retained Earnings | 1.5B | 1.5B | 1.4B | 1.4B | 1.2B | 1.1B | 912.0M | 1.0B | 742.0M |
| Minority Equity | 474.0M | 478.0M | 479.0M | 471.0M | 414.0M | 372.0M | 349.0M | 328.0M | 273.0M |
| Equity Attributable | 4.3B | 4.3B | 3.7B | 3.6B | 3.2B | 3.1B | 2.9B | 2.3B | 2.0B |
| Total Equity | 4.8B | 4.7B | 4.2B | 4.1B | 3.7B | 3.5B | 3.3B | 2.6B | 2.2B |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 4.6B | 5.5B | 4.9B | 4.6B | 5.0B | 4.9B | 5.1B | 4.5B | 3.6B |
| Tax Refunds Received | 5.4M | -- | 602,500 | 953,400 | 2.3M | 2.4M | 932,500 | 129,200 | 12,900 |
| Total Operating Cash Inflow | 4.7B | 5.6B | 5.0B | 4.6B | 5.0B | 5.0B | 5.1B | 4.5B | 3.7B |
| Cash Paid For Goods | 2.9B | 3.9B | 3.7B | 3.5B | 3.0B | 3.2B | 3.8B | 3.2B | 2.7B |
| Cash Paid To Employees | 527.0M | 600.0M | 487.0M | 479.0M | 418.0M | 489.0M | 477.0M | 358.0M | 246.0M |
| Taxes Paid | 177.0M | 220.0M | 120.0M | 136.0M | 183.0M | 208.0M | 221.0M | 228.0M | 191.0M |
| Total Operating Cash Outflow | 3.9B | 5.1B | 4.7B | 4.4B | 3.9B | 4.2B | 4.8B | 4.1B | 3.4B |
| Operating Cash Flow | 767.0M | 507.0M | 256.0M | 233.0M | 1.0B | 733.0M | 311.0M | 404.0M | 271.0M |
| Total Investing Cash Inflow | 3.8B | 2.7B | 2.3B | 3.1B | 3.3B | 2.6B | 2.3B | 1.5B | 631.0M |
| Total Investing Cash Outflow | 4.2B | 3.2B | 2.5B | 3.4B | 3.7B | 3.2B | 2.9B | 2.1B | 884.0M |
| Investing Cash Flow | -465.0M | -550.0M | -219.0M | -370.0M | -375.0M | -642.0M | -560.0M | -584.0M | -253.0M |
| Cash From Borrowings | 414.0M | 975.0M | 918.0M | 420.0M | 911.0M | 652.0M | 545.0M | 690.0M | 610.0M |
| Dividends And Interest Paid | 60.3M | 35.6M | 53.5M | 38.1M | 99.2M | 105.0M | 94.1M | 44.6M | 26.7M |
| Debt Repayments | 598.0M | 767.0M | 664.0M | 635.0M | 951.0M | 740.0M | 294.0M | 437.0M | 645.0M |
| Total Financing Cash Inflow | 414.0M | 1.5B | 918.0M | 692.0M | 1.0B | 683.0M | 1.3B | 826.0M | 937.0M |
| Total Financing Cash Outflow | 684.0M | 839.0M | 920.0M | 820.0M | 1.2B | 947.0M | 610.0M | 685.0M | 798.0M |
| Financing Cash Flow | -271.0M | 616.0M | -2.1M | -128.0M | -179.0M | -264.0M | 671.0M | 141.0M | 139.0M |
| Net Change In Cash | 31.2M | 573.0M | 35.8M | -265.0M | 490.0M | -172.0M | 423.0M | -38.2M | 157.0M |
| Ending Cash Balance | 1.3B | 1.3B | 741.0M | 705.0M | 970.0M | 480.0M | 651.0M | 228.0M | 266.0M |
| Capex | 486.0M | 580.0M | 428.0M | 511.0M | 370.0M | 506.0M | 571.0M | 571.0M | 290.0M |