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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.4B | 5.4B | 5.8B | 5.8B | 5.4B | 4.7B | 4.2B | 2.8B | 2.0B | 1.4B | 1.3B | 1.1B | 1.0B | 849.0M |
| Revenue Growth % | -17.3% | -8.3% | 0.3% | 8.7% | 14.2% | 11.7% | 51.2% | 39.4% | 42.5% | 10.8% | 10.0% | 9.4% | 23.4% | -- |
| Total Revenue | 4.4B | 5.4B | 5.8B | 5.8B | 5.4B | 4.7B | 4.2B | 2.8B | 2.0B | 1.4B | 1.3B | 1.1B | 1.0B | 849.0M |
| Cost Of Revenue | 2.8B | 3.3B | 3.7B | 4.0B | 3.6B | 3.2B | 3.1B | 1.9B | 1.3B | 849.0M | 755.0M | 671.0M | 585.0M | 466.0M |
| Gross Profit | 1.6B | 2.1B | 2.2B | 1.9B | 1.8B | 1.5B | 1.1B | 879.0M | 676.0M | 548.0M | 506.0M | 475.0M | 463.0M | 383.0M |
| Gross Margin % | 37.2% | 39.0% | 37.0% | 31.9% | 33.0% | 31.2% | 26.2% | 31.7% | 34.0% | 39.2% | 40.1% | 41.4% | 44.2% | 45.1% |
| Total Operating Cost | 4.0B | 4.6B | 5.1B | 5.1B | 4.7B | 4.1B | 3.8B | 2.5B | 1.8B | 1.2B | 1.1B | 975.0M | 888.0M | 722.0M |
| Selling Expenses | 284.0M | 268.0M | 262.0M | 251.0M | 243.0M | 175.0M | 165.0M | 151.0M | 117.0M | 100.0M | 80.5M | 74.4M | 57.8M | 50.2M |
| Admin Expenses | 364.0M | 456.0M | 533.0M | 363.0M | 338.0M | 302.0M | 250.0M | 218.0M | 233.0M | 189.0M | 164.0M | 153.0M | 142.0M | 141.0M |
| Rd Expenses | 201.0M | 249.0M | 314.0M | 254.0M | 225.0M | 191.0M | 46.6M | 25.8M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 4.6M | 9.1M | -5.2M | -1.3M | -1.7M | 12.0M | 18.3M | 8.4M | 6.2M | 6.4M | 10.3M | 8.0M | 7.0M | 3.6M |
| Operating Income | 465.0M | 828.0M | 821.0M | 738.0M | 699.0M | 617.0M | 472.0M | 355.0M | 249.0M | 186.0M | 188.0M | 176.0M | 165.0M | 134.0M |
| Operating Margin % | 10.5% | 15.5% | 14.1% | 12.7% | 13.1% | 13.2% | 11.2% | 12.8% | 12.5% | 13.3% | 14.9% | 15.4% | 15.7% | 15.8% |
| Non Operating Income | 341,300 | 339,100 | 892,800 | 423,500 | 171,600 | 113,900 | 169,400 | 129,300 | 3.8M | 3.4M | 9.2M | 4.9M | 3.7M | 16.7M |
| Non Operating Expenses | 5.5M | 5.2M | 3.2M | 1.5M | 1.2M | 1.3M | 467,800 | 397,500 | 555,000 | 675,900 | 780,900 | 496,600 | 1.4M | 1.0M |
| Investment Income | 12.3M | 8.4M | 9.6M | 15.2M | 25.5M | 31.6M | 33.1M | 22.2M | 11.1M | 11.5M | 3.7M | 5.0M | 4.6M | 7.5M |
| Asset Disposal Income | 101,500 | 3.5M | 12.3M | -49,700 | 203,700 | 3.5M | 113,700 | 207,600 | 1.3M | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 182.0M | 108.0M | 142.0M | 107.0M | 68.6M | 21.6M | 173.0M | 129.0M | 64.1M | 63.2M | 54.9M | 55.3M | 46.6M | 20.1M |
| Other Income | 12.8M | 37.2M | 40.6M | 38.6M | 28.8M | 41.8M | 18.2M | 8.7M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 460.0M | 823.0M | 818.0M | 737.0M | 698.0M | 616.0M | 472.0M | 355.0M | 253.0M | 189.0M | 196.0M | 180.0M | 167.0M | 150.0M |
| Income Tax | 67.5M | 109.0M | 109.0M | 101.0M | 93.0M | 83.1M | 65.9M | 53.5M | 40.2M | 28.5M | 30.4M | 30.0M | 30.8M | 28.2M |
| Net Income | 392.0M | 714.0M | 710.0M | 637.0M | 605.0M | 533.0M | 406.0M | 301.0M | 212.0M | 160.0M | 166.0M | 150.0M | 136.0M | 122.0M |
| Net Margin % | 8.9% | 13.3% | 12.2% | 10.9% | 11.3% | 11.4% | 9.7% | 10.8% | 10.6% | 11.5% | 13.2% | 13.1% | 13.0% | 14.4% |
| Net Income Attributable | 383.0M | 698.0M | 684.0M | 618.0M | 583.0M | 518.0M | 396.0M | 297.0M | 210.0M | 160.0M | 166.0M | 150.0M | 136.0M | 117.0M |
| Minority Interest | 9.6M | 15.9M | 26.1M | 18.3M | 21.9M | 14.8M | 9.7M | 4.6M | 2.6M | 50,900 | 35,600 | 37,600 | 38,600 | 4.6M |
| Eps Basic | 0.56 | 1.01 | 1.00 | 0.92 | 0.87 | 0.94 | 0.86 | 0.96 | 1.01 | 0.77 | 1.96 | 1.92 | 1.75 | 1.50 |
| Eps Diluted | 0.55 | 1.01 | 0.99 | 0.92 | 0.87 | 0.94 | 0.86 | 0.96 | 1.01 | -- | -- | -- | -- | -- |
| 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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.9B | 2.1B | 1.7B | 1.7B | 1.6B | 1.5B | 1.1B | 897.0M | 746.0M | 534.0M | 590.0M | 359.0M | 362.0M | 199.0M |
| Trading Financial Assets | 398.0M | 150.0M | -- | 2.0M | 8.9M | 7.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 3.8B | 4.4B | 4.0B | 3.8B | 3.0B | 4.5B | 3.6B | 2.5B | 2.0B | 1.7B | 1.4B | 1.2B | 960.0M | 703.0M |
| Notes Receivable | 18.5M | 19.7M | 8.7M | 14.8M | 7.8M | 5.7M | 10.5M | 16.6M | 2.3M | 8.1M | 3.3M | 2.7M | 800,000 | 3.0M |
| Notes And Accounts Receivable | 3.9B | 4.4B | 4.0B | 3.8B | 3.0B | 4.5B | 3.6B | 2.5B | 2.0B | 1.7B | 1.4B | 1.2B | 961.0M | 706.0M |
| Prepayments | 479.0M | 456.0M | 369.0M | 302.0M | 238.0M | 163.0M | 138.0M | 90.1M | 80.9M | 58.9M | 54.6M | 42.6M | 37.6M | 37.7M |
| Inventory | 258.0M | 293.0M | 312.0M | 375.0M | 459.0M | 634.0M | 562.0M | 564.0M | 437.0M | 412.0M | 301.0M | 294.0M | 286.0M | 266.0M |
| Total Current Assets | 11.1B | 11.6B | 10.3B | 9.3B | 8.0B | 7.0B | 5.5B | 4.3B | 3.5B | 2.9B | 2.5B | 1.9B | 1.7B | 1.2B |
| Long Term Equity Investment | 429.0M | 414.0M | 395.0M | 286.0M | 166.0M | 118.0M | 93.2M | 85.4M | 73.8M | 47.8M | 43.2M | 40.9M | 39.6M | 35.0M |
| Fixed Assets | -- | 339.0M | 358.0M | 375.0M | 387.0M | 389.0M | 417.0M | 381.0M | 375.0M | 351.0M | 333.0M | 59.6M | 62.5M | 66.2M |
| Fixed Assets Total | 320.0M | 339.0M | 358.0M | 375.0M | 387.0M | 389.0M | 417.0M | 381.0M | 375.0M | 351.0M | 333.0M | 59.6M | 62.5M | 66.2M |
| Construction In Progress | -- | 15.0M | -- | -- | -- | -- | -- | 32.0M | -- | -- | -- | 196.0M | 108.0M | 9.2M |
| Construction In Progress Total | 103.0M | 15.0M | -- | -- | -- | -- | -- | 32.0M | -- | -- | -- | 196.0M | 108.0M | 9.2M |
| Intangible Assets | 64.0M | 63.7M | 66.5M | 45.1M | 46.2M | 49.4M | 56.1M | 50.4M | 52.1M | 48.9M | 48.5M | 58.8M | 58.3M | 58.7M |
| Long Term Deferred Expenses | 33.7M | 44.2M | 35.6M | 30.2M | 63.4M | 51.0M | 54.5M | 45.0M | 47.0M | 50.4M | 528,800 | 879,900 | -- | 91,800 |
| Total Non Current Assets | 1.8B | 1.7B | 1.6B | 1.4B | 1.2B | 1.1B | 1.2B | 928.0M | 876.0M | 777.0M | 541.0M | 398.0M | 300.0M | 193.0M |
| Total Assets | 13.0B | 13.2B | 11.8B | 10.7B | 9.2B | 8.1B | 6.8B | 5.3B | 4.4B | 3.7B | 3.1B | 2.3B | 2.0B | 1.4B |
| Short Term Borrowings | 210.0M | 157.0M | 204.0M | 303.0M | 232.0M | 331.0M | 334.0M | 218.0M | 210.0M | 212.0M | 10.0M | 150.0M | 140.0M | 105.0M |
| Accounts Payable | 3.8B | 3.8B | 3.6B | 3.2B | 2.6B | 2.1B | 1.6B | 1.1B | 757.0M | 654.0M | 570.0M | 498.0M | 511.0M | 402.0M |
| Advance Receipts | 8.7M | 7.0M | 8.1M | 5.0M | 2.3M | 1.1B | 972.0M | 762.0M | 640.0M | 510.0M | 415.0M | 345.0M | 272.0M | 247.0M |
| Contract Liabilities | 1.1B | 1.3B | 1.1B | 1.1B | 1.0B | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 7.2B | 7.7B | 7.3B | 6.7B | 5.7B | 5.1B | 4.2B | 3.1B | 2.4B | 2.0B | 1.4B | 1.5B | 1.4B | 1.0B |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 145.0M | 60.0M | -- |
| Total Non Current Liabilities | 467.0M | 446.0M | 72.5M | 34.6M | 11.2M | 11.6M | 12.4M | 13.5M | 16.6M | 15.6M | 4.6M | 149.0M | 62.1M | -- |
| Total Liabilities | 7.7B | 8.2B | 7.4B | 6.7B | 5.8B | 5.1B | 4.2B | 3.1B | 2.4B | 2.0B | 1.4B | 1.6B | 1.4B | 1.0B |
| Paid In Capital | 684.0M | 684.0M | 684.0M | 669.0M | 557.0M | 464.0M | 314.0M | 212.0M | 208.0M | 104.0M | 104.0M | 78.0M | 78.0M | 78.0M |
| Capital Reserve | 570.0M | 567.0M | 541.0M | 464.0M | 575.0M | 668.0M | 815.0M | 898.0M | 832.0M | 936.0M | 936.0M | 185.0M | 185.0M | 185.0M |
| Surplus Reserve | 342.0M | 342.0M | 337.0M | 276.0M | 226.0M | 180.0M | 132.0M | 95.9M | 69.0M | 52.0M | 52.0M | 39.0M | 25.7M | 11.0M |
| Retained Earnings | 3.6B | 3.4B | 2.9B | 2.5B | 2.0B | 1.6B | 1.3B | 998.0M | 793.0M | 652.0M | 529.0M | 415.0M | 278.0M | 156.0M |
| Minority Equity | 93.4M | 97.5M | 90.9M | 109.0M | 95.8M | 64.0M | 53.0M | 35.7M | 31.9M | 820,200 | 518,000 | 525,900 | 527,300 | 545,800 |
| Equity Attributable | 5.2B | 5.0B | 4.4B | 3.9B | 3.4B | 2.9B | 2.5B | 2.1B | 1.9B | 1.7B | 1.6B | 717.0M | 567.0M | 430.0M |
| Total Equity | 5.3B | 5.1B | 4.5B | 4.0B | 3.5B | 2.9B | 2.5B | 2.2B | 1.9B | 1.7B | 1.6B | 717.0M | 567.0M | 431.0M |
| 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 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 4.5B | 5.0B | 5.1B | 4.9B | 4.5B | 3.9B | 3.5B | 2.4B | 1.9B | 1.3B | 1.1B | 984.0M | 791.0M | 714.0M |
| Tax Refunds Received | -- | 678,200 | 167,100 | -- | -- | 277,400 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 4.7B | 5.3B | 5.3B | 5.1B | 4.6B | 4.0B | 3.5B | 2.5B | 2.0B | 1.4B | 1.1B | 995.0M | 906.0M | 733.0M |
| Cash Paid For Goods | 1.7B | 2.0B | 2.0B | 2.2B | 2.0B | 1.7B | 1.7B | 976.0M | 682.0M | 417.0M | 356.0M | 316.0M | 232.0M | 227.0M |
| Cash Paid To Employees | 1.8B | 1.9B | 2.0B | 1.6B | 1.5B | 1.3B | 1.0B | 790.0M | 639.0M | 528.0M | 487.0M | 437.0M | 344.0M | 292.0M |
| Taxes Paid | 374.0M | 394.0M | 405.0M | 415.0M | 331.0M | 285.0M | 263.0M | 206.0M | 157.0M | 140.0M | 123.0M | 111.0M | 86.7M | 153.0M |
| Total Operating Cash Outflow | 4.4B | 4.8B | 4.8B | 4.7B | 4.2B | 3.6B | 3.2B | 2.2B | 1.7B | 1.2B | 1.1B | 968.0M | 752.0M | 765.0M |
| Operating Cash Flow | 307.0M | 499.0M | 490.0M | 392.0M | 404.0M | 404.0M | 327.0M | 290.0M | 272.0M | 118.0M | 8.5M | 26.8M | 154.0M | -31.8M |
| Total Investing Cash Inflow | 211.0M | 76.3M | 108.0M | 30.7M | 1.2B | 1.3B | 1.4B | 1.3B | 503.0M | 571.0M | 207,800 | 393,400 | 1.1M | 89.6M |
| Total Investing Cash Outflow | 582.0M | 309.0M | 291.0M | 165.0M | 1.3B | 1.2B | 1.6B | 1.4B | 499.0M | 906.0M | 218.0M | 114.0M | 73.6M | 117.0M |
| Investing Cash Flow | -371.0M | -233.0M | -184.0M | -134.0M | -96.0M | 134.0M | -161.0M | -130.0M | 4.4M | -335.0M | -217.0M | -114.0M | -72.5M | -27.3M |
| Cash From Borrowings | 375.0M | 656.0M | 322.0M | 473.0M | 382.0M | 366.0M | 774.0M | 218.0M | 210.0M | 262.0M | 180.0M | 275.0M | 200.0M | 110.0M |
| Dividends And Interest Paid | 228.0M | 197.0M | 208.0M | 161.0M | 137.0M | 147.0M | 112.0M | 76.5M | 61.1M | 45.9M | 51.9M | 10.9M | 11.9M | 32.1M |
| Debt Repayments | 322.0M | 309.0M | 421.0M | 402.0M | 481.0M | 369.0M | 658.0M | 210.0M | 212.0M | 60.0M | 465.0M | 180.0M | 105.0M | 40.0M |
| Total Financing Cash Inflow | 395.0M | 662.0M | 396.0M | 485.0M | 400.0M | 440.0M | 792.0M | 281.0M | 210.0M | 262.0M | 957.0M | 275.0M | 202.0M | 110.0M |
| Total Financing Cash Outflow | 645.0M | 550.0M | 688.0M | 582.0M | 662.0M | 576.0M | 770.0M | 287.0M | 273.0M | 106.0M | 517.0M | 191.0M | 117.0M | 82.3M |
| Financing Cash Flow | -250.0M | 111.0M | -292.0M | -97.6M | -262.0M | -136.0M | 21.2M | -5.7M | -63.1M | 156.0M | 440.0M | 84.1M | 84.7M | 27.7M |
| Net Change In Cash | -314.0M | 378.0M | 14.1M | 160.0M | 46.4M | 402.0M | 187.0M | 154.0M | 214.0M | -61.4M | 231.0M | -3.1M | 167.0M | -31.4M |
| Ending Cash Balance | 1.8B | 2.1B | 1.7B | 1.7B | 1.5B | 1.5B | 1.1B | 893.0M | 738.0M | 524.0M | 586.0M | 355.0M | 358.0M | 191.0M |
| Capex | 78.3M | 46.9M | 62.0M | 31.9M | 69.2M | 35.9M | 72.2M | 69.1M | 57.6M | 49.3M | 54.8M | 114.0M | 73.6M | 18.8M |