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 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.4B | 2.4B | 1.8B | 1.4B | 1.0B | 1.1B | 1.1B | 832.0M | 692.0M | 376.0M | 389.0M | 237.0M | 94.7M |
| Revenue Growth % | 0.8% | 30.5% | 27.2% | 43.0% | -9.3% | 4.4% | 28.5% | 20.2% | 84.0% | -3.3% | 64.1% | 150.4% | -- |
| Total Revenue | 2.4B | 2.4B | 1.8B | 1.4B | 1.0B | 1.1B | 1.1B | 832.0M | 692.0M | 376.0M | 389.0M | 237.0M | 94.7M |
| Cost Of Revenue | 935.0M | 908.0M | 701.0M | 580.0M | 484.0M | 478.0M | 449.0M | 377.0M | 301.0M | 180.0M | 164.0M | 93.9M | 36.7M |
| Gross Profit | 1.5B | 1.5B | 1.1B | 867.0M | 528.0M | 638.0M | 620.0M | 455.0M | 391.0M | 196.0M | 225.0M | 143.1M | 58.0M |
| Gross Margin % | 61.4% | 62.2% | 61.9% | 59.9% | 52.2% | 57.2% | 58.0% | 54.7% | 56.5% | 52.1% | 57.8% | 60.4% | 61.3% |
| Total Operating Cost | 1.7B | 1.6B | 1.3B | 1.1B | 807.0M | 813.0M | 789.0M | 681.0M | 551.0M | 348.0M | 339.0M | 194.0M | 81.9M |
| Admin Expenses | 200.0M | 181.0M | 178.0M | 133.0M | 34.2M | 34.4M | 40.1M | 30.5M | 25.8M | 17.8M | 12.6M | 7.1M | 6.6M |
| Finance Expenses | 508.0M | 515.0M | 413.0M | 335.0M | 279.0M | 292.0M | 294.0M | 260.0M | 222.0M | 150.0M | 163.0M | 93.0M | 38.6M |
| Operating Income | 781.0M | 873.0M | 573.0M | 870.0M | 222.0M | 307.0M | 281.0M | 150.0M | 141.0M | 27.8M | 50.1M | 43.1M | 12.8M |
| Operating Margin % | 32.2% | 36.3% | 31.1% | 60.1% | 21.9% | 27.5% | 26.3% | 18.0% | 20.4% | 7.4% | 12.9% | 18.2% | 13.5% |
| Non Operating Income | 3.1M | 6.9M | 52.0M | 1.8M | 2.2M | 3.0M | 31,500 | 20.4M | 2.3M | 26.8M | 403,000 | 1,600 | 32,000 |
| Non Operating Expenses | 17.8M | 12.0M | 6.0M | 819,400 | 9.4M | 5,900 | 184,600 | 227,400 | 1.6M | 297,900 | -- | 270,000 | 1.1M |
| Investment Income | -5.6M | 66.7M | 18.2M | 477.0M | 6.0M | -- | 4,152 | -- | -- | 2,982 | -- | -- | -- |
| Fair Value Change Income | 20,600 | 21,100 | 21,100 | 19,800 | 14,400 | 282,800 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 711,700 | -- | 2,300 | -700.00 | 23,700 | -200.00 | -- | 126,600 | 213,700 | -- | -- | -- | -- |
| Asset Impairment Loss | -- | 5.1M | -- | -- | -- | -- | 3.9M | 11.9M | 25,500 | -154,700 | 55,200 | 60,000 | 40,000 |
| Other Income | 72.9M | 46.6M | 23.8M | 13.6M | 11.3M | 4.3M | 775,200 | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 766.0M | 868.0M | 619.0M | 871.0M | 215.0M | 310.0M | 281.0M | 171.0M | 142.0M | 54.2M | 50.5M | 42.9M | 11.8M |
| Income Tax | 135.0M | 62.1M | 36.0M | 99.4M | 16.4M | 17.0M | 11.7M | 5.7M | 5.0M | 2.2M | 52,100 | -9,000 | -6,000 |
| Net Income | 631.0M | 806.0M | 583.0M | 771.0M | 198.0M | 293.0M | 269.0M | 165.0M | 137.0M | 52.0M | 50.5M | 42.9M | 11.8M |
| Net Margin % | 26.1% | 33.5% | 31.7% | 53.3% | 19.6% | 26.3% | 25.2% | 19.8% | 19.8% | 13.8% | 13.0% | 18.1% | 12.4% |
| Net Income Attributable | 630.0M | 803.0M | 582.0M | 771.0M | 198.0M | 293.0M | 269.0M | 165.0M | 137.0M | 52.0M | 50.5M | 43.0M | 11.8M |
| Minority Interest | 963,200 | 2.5M | 293,100 | -14,300 | -25.00 | -36.00 | -400.00 | -500.00 | -1,900 | -25.00 | -400.00 | -86,200 | -65,400 |
| Eps Basic | 0.26 | 0.33 | 0.24 | 0.35 | 0.10 | 0.15 | 0.14 | 0.09 | 0.08 | 0.04 | 0.04 | 0.03 | 0.01 |
| Eps Diluted | 0.25 | 0.32 | 0.24 | 0.32 | 0.09 | 0.15 | 0.14 | 0.09 | 0.08 | 0.04 | 0.04 | 0.03 | 0.01 |
| 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 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 422.0M | 506.0M | 833.0M | 634.0M | 309.0M | 222.0M | 364.0M | 347.0M | 545.0M | 950.0M | 443.0M | 131.0M | 133.0M |
| Accounts Receivable | 3.4B | 3.2B | 2.5B | 1.5B | 1.7B | 1.5B | 1.1B | 902.0M | 399.0M | 108.0M | 110.0M | 129.0M | 65.1M |
| Notes Receivable | -- | -- | 100,000 | -- | -- | 19.0M | 32.6M | 49.4M | 18.4M | 18.4M | 10.4M | -- | 2.9M |
| Notes And Accounts Receivable | 3.4B | 3.2B | 2.5B | 1.5B | 1.7B | 1.5B | 1.1B | 951.0M | 417.0M | 126.0M | 121.0M | 129.0M | 68.0M |
| Prepayments | 2.7M | 3.3M | 5.5M | 184.0M | 101.0M | 299,800 | 220,300 | 1.3M | 2.4M | 2.3M | 7.3M | 2.8M | 4.0M |
| Inventory | -- | -- | -- | -- | 226,000 | 226,200 | 213,300 | 139,000 | 139,700 | 214,300 | 256,400 | -- | -- |
| Total Current Assets | 4.1B | 3.9B | 3.7B | 2.7B | 2.2B | 1.8B | 1.6B | 1.4B | 1.1B | 1.2B | 646.0M | 577.0M | 391.0M |
| Long Term Equity Investment | 236.0M | 242.0M | 212.0M | 2.2B | 670.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 10.0B | 7.0B | -- | -- | 6.5B | 6.8B | 6.2B | 5.2B | 3.9B | 2.8B | 2.4B | 840.0M |
| Fixed Assets Total | 11.0B | 10.0B | 7.0B | 4.9B | 6.4B | 6.5B | 6.8B | 6.2B | 5.2B | 3.9B | 2.8B | 2.4B | 840.0M |
| Construction In Progress | -- | 1.5B | 1.5B | -- | 2.6B | 265.0M | 17.5M | 898.0M | 1.2B | 1.6B | 1.1B | 414.0M | 1.4B |
| Construction In Progress Total | 2.4B | 1.5B | 1.5B | 1.4B | 2.6B | 265.0M | 17.5M | 898.0M | 1.2B | 1.6B | 1.1B | 414.0M | 1.4B |
| Intangible Assets | 1.6B | 1.6B | 1.6B | 82.4M | 102.0M | 91.5M | 84.7M | 81.0M | 51.0M | 33.3M | 7.3M | 6.2M | 1.2M |
| Long Term Deferred Expenses | 3.7M | 207,200 | 1.0M | 2.0M | 17.0M | 12.8M | 14.8M | 15.7M | 141,000 | 243,000 | -- | -- | -- |
| Total Non Current Assets | 18.1B | 15.9B | 15.4B | 9.4B | 10.0B | 7.3B | 7.2B | 7.5B | 6.8B | 5.9B | 4.2B | 3.0B | 2.4B |
| Total Assets | 22.2B | 19.9B | 19.1B | 12.0B | 12.2B | 9.1B | 8.8B | 8.9B | 7.9B | 7.1B | 4.8B | 3.6B | 2.8B |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 400.0M | -- | -- |
| Accounts Payable | 1.4B | 950.0M | 1.2B | 649.0M | 799.0M | 329.0M | 475.0M | 525.0M | 655.0M | 382.0M | 38.9M | 179.0M | 414.0M |
| Advance Receipts | -- | -- | -- | -- | -- | -- | 5,700 | 28,600 | -- | 425,000 | -- | -- | -- |
| Contract Liabilities | 20.0M | 21.3M | 22.5M | 23.8M | 25.1M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.6B | 2.6B | 4.1B | 1.5B | 1.5B | 928.0M | 1.1B | 992.0M | 1.0B | 701.0M | 696.0M | 375.0M | 473.0M |
| Long Term Borrowings | 4.1B | 3.3B | 2.5B | 2.3B | 4.0B | 3.9B | 4.4B | 4.7B | 4.6B | 4.2B | 3.0B | 2.3B | 1.7B |
| Total Non Current Liabilities | 12.8B | 10.8B | 9.2B | 5.3B | 7.1B | 4.9B | 5.1B | 5.5B | 4.8B | 4.5B | 3.0B | 2.3B | 1.7B |
| Total Liabilities | 15.4B | 13.4B | 13.3B | 6.8B | 8.6B | 5.8B | 6.1B | 6.5B | 5.8B | 5.2B | 3.6B | 2.7B | 2.2B |
| Paid In Capital | 2.4B | 2.4B | 2.4B | 2.4B | 2.1B | 2.1B | 1.9B | 1.9B | 1.7B | 1.7B | 640.0M | 640.0M | 640.0M |
| Capital Reserve | 1.5B | 1.5B | 1.5B | 1.4B | 517.0M | 517.0M | 193.0M | 193.0M | 188.0M | 188.0M | 474.0M | 213.0M | 16.8M |
| Surplus Reserve | 246.0M | 246.0M | 226.0M | 214.0M | 52.3M | 32.5M | 25.0M | 17.2M | 9.8M | 1.6M | 11.1M | 5.5M | 1.2M |
| Retained Earnings | 2.6B | 2.3B | 1.7B | 1.3B | 789.0M | 700.0M | 497.0M | 287.0M | 130.0M | 989,100 | 28.6M | 43.9M | 9.4M |
| Minority Equity | -83.2M | -84.7M | -88.2M | 12.8M | -61.00 | -36.00 | -- | 1.6M | 998,100 | -- | 2.0M | 7.0M | 5.1M |
| Equity Attributable | 6.9B | 6.5B | 5.9B | 5.3B | 3.7B | 3.3B | 2.6B | 2.4B | 2.1B | 1.9B | 1.2B | 902.0M | 667.0M |
| Total Equity | 6.8B | 6.4B | 5.8B | 5.3B | 3.7B | 3.3B | 2.6B | 2.4B | 2.1B | 1.9B | 1.2B | 909.0M | 673.0M |
| 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 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 2.4B | 2.0B | 1.6B | 696.0M | 805.0M | 756.0M | 873.0M | 332.0M | 414.0M | 417.0M | 397.0M | 207.0M | 25.0M |
| Tax Refunds Received | 83.7M | 52.0M | 21.7M | 18.3M | 8.0M | 3.2M | 775,200 | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 2.5B | 2.1B | 1.6B | 735.0M | 817.0M | 763.0M | 875.0M | 356.0M | 419.0M | 450.0M | 399.0M | 208.0M | 26.0M |
| Cash Paid For Goods | 188.0M | 213.0M | 185.0M | 67.8M | 59.9M | 26.5M | 6.2M | 17.0M | 14.3M | 32.8M | 23.1M | 12.0M | -- |
| Cash Paid To Employees | 93.8M | 67.0M | 46.7M | 27.7M | 22.2M | 21.4M | 16.6M | 12.2M | 10.6M | 10.4M | 6.5M | 2.1M | 1.6M |
| Taxes Paid | 312.0M | 203.0M | 154.0M | 61.5M | 52.9M | 25.1M | 20.2M | 8.0M | 7.8M | 1.8M | 851,700 | 84,600 | 22,200 |
| Total Operating Cash Outflow | 688.0M | 608.0M | 438.0M | 196.0M | 168.0M | 102.0M | 53.9M | 49.5M | 40.0M | 54.3M | 45.1M | 19.0M | 7.1M |
| Operating Cash Flow | 1.8B | 1.5B | 1.2B | 540.0M | 649.0M | 661.0M | 821.0M | 306.0M | 379.0M | 396.0M | 354.0M | 189.0M | 18.9M |
| Total Investing Cash Inflow | 13.5M | 221.0M | 115.0M | 1.8B | 4.1M | 1.0M | 1.2M | 20.0M | -- | 3.0M | -- | -- | -- |
| Total Investing Cash Outflow | 1.4B | 1.0B | 1.3B | 1.9B | 1.3B | 428.0M | 75.6M | 1.3B | 930.0M | 1.4B | 1.4B | 875.0M | 1.6B |
| Investing Cash Flow | -1.3B | -779.0M | -1.1B | -63.7M | -1.3B | -427.0M | -74.5M | -1.2B | -930.0M | -1.4B | -1.4B | -875.0M | -1.6B |
| Cash From Borrowings | 2.1B | 1.2B | 100.0M | 708.0M | 479.0M | -- | -- | 1.1B | 623.0M | 2.2B | 1.6B | 844.0M | 1.4B |
| Dividends And Interest Paid | 433.0M | 380.0M | 388.0M | 327.0M | 349.0M | 315.0M | 363.0M | 291.0M | 259.0M | 290.0M | 262.0M | 143.0M | 71.2M |
| Debt Repayments | 1.1B | 290.0M | 924.0M | 1.2B | 419.0M | 404.0M | 343.0M | 291.0M | 220.0M | 975.0M | 525.0M | 152.0M | 112.0M |
| Total Financing Cash Inflow | 3.9B | 2.9B | 3.1B | 2.0B | 2.0B | 708.0M | 111.0M | 1.6B | 624.0M | 2.9B | 2.1B | 996.0M | 1.9B |
| Total Financing Cash Outflow | 4.4B | 3.9B | 2.9B | 2.2B | 1.2B | 1.1B | 822.0M | 675.0M | 500.0M | 1.7B | 813.0M | 342.0M | 195.0M |
| Financing Cash Flow | -557.0M | -1.1B | 214.0M | -157.0M | 774.0M | -377.0M | -711.0M | 974.0M | 124.0M | 1.3B | 1.3B | 654.0M | 1.7B |
| Net Change In Cash | -119.0M | -362.0M | 227.0M | 319.0M | 83.4M | -142.0M | 35.9M | 41.1M | -427.0M | 227.0M | 286.0M | -31.6M | 82.3M |
| Ending Cash Balance | 272.0M | 391.0M | 753.0M | 525.0M | 206.0M | 123.0M | 265.0M | 229.0M | 188.0M | 615.0M | 388.0M | 101.0M | 133.0M |
| Capex | 1.3B | 927.0M | 937.0M | 323.0M | 591.0M | 421.0M | 61.3M | 1.3B | 926.0M | 1.4B | 1.4B | 875.0M | 1.6B |