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 | 3.7B | 3.8B | 2.8B | 2.1B | 2.3B | 1.8B | 1.2B | 878.0M | 808.0M | 952.0M | 728.0M | 425.0M | 352.0M |
| Revenue Growth % | -0.5% | 33.6% | 33.5% | -10.0% | 31.0% | 51.2% | 34.5% | 8.7% | -15.1% | 30.8% | 71.3% | 20.7% | -- |
| Total Revenue | 3.7B | 3.8B | 2.8B | 2.1B | 2.3B | 1.8B | 1.2B | 878.0M | 808.0M | 952.0M | 728.0M | 425.0M | 352.0M |
| Cost Of Revenue | 2.3B | 2.5B | 2.0B | 1.4B | 1.5B | 1.1B | 650.0M | 374.0M | 360.0M | 421.0M | 299.0M | 194.0M | 133.0M |
| Gross Profit | 1.4B | 1.3B | 851.0M | 744.0M | 839.0M | 650.0M | 531.0M | 504.0M | 448.0M | 531.0M | 429.0M | 231.0M | 219.0M |
| Gross Margin % | 37.9% | 34.2% | 30.3% | 35.4% | 35.9% | 36.4% | 45.0% | 57.4% | 55.4% | 55.8% | 58.9% | 54.4% | 62.2% |
| Total Operating Cost | 3.3B | 3.3B | 2.6B | 1.9B | 2.1B | 1.9B | 1.2B | 716.0M | 587.0M | 644.0M | 521.0M | 337.0M | 225.0M |
| Selling Expenses | 338.0M | 292.0M | 282.0M | 221.0M | 181.0M | 186.0M | 136.0M | 121.0M | 86.8M | 89.6M | 66.1M | 46.5M | 31.1M |
| Admin Expenses | 158.0M | 161.0M | 106.0M | 103.0M | 152.0M | 168.0M | 74.9M | 43.7M | 113.0M | 102.0M | 92.9M | 72.5M | 44.2M |
| Rd Expenses | 345.0M | 322.0M | 211.0M | 177.0M | 145.0M | 152.0M | 120.0M | 107.0M | -- | -- | -- | -- | -- |
| Finance Expenses | 39.4M | 26.2M | 16.6M | 13.4M | -1.3M | 6.1M | 3.1M | 4.0M | -701,800 | -2.0M | -5.4M | 166,700 | 2.0M |
| Operating Income | 528.0M | 572.0M | 297.0M | 291.0M | 279.0M | 93.0M | 107.0M | 251.0M | 223.0M | 308.0M | 210.0M | 87.8M | 127.0M |
| Operating Margin % | 14.1% | 15.2% | 10.6% | 13.8% | 11.9% | 5.2% | 9.1% | 28.6% | 27.6% | 32.4% | 28.8% | 20.7% | 36.1% |
| Non Operating Income | 765,400 | 352,700 | 1.2M | 701,900 | 7.1M | 2.8M | 3.0M | 5.3M | 63.7M | 74.2M | 57.9M | 48.0M | 16.7M |
| Non Operating Expenses | 7.6M | 2.5M | 2.3M | 439,500 | 800,300 | 508,100 | 1.1M | 207,600 | 250,000 | 276,900 | 410,300 | 16,700 | 378,400 |
| Investment Income | 12.3M | -4.5M | 14.1M | 10.4M | -30.5M | 474,600 | 41.6M | 9.4M | 1.8M | 1.0M | 3.3M | -- | -- |
| Fair Value Change Income | 20.0M | 53.9M | 20.5M | -- | -- | 87.8M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 15,300 | -1.2M | 17,700 | 68,300 | 99,000 | -370,000 | -- | 70,500 | -50,000 | -- | -- | -- | -- |
| Asset Impairment Loss | 57.2M | 17.2M | 7.2M | 7.5M | -11.4M | 103.0M | 162.0M | 55.4M | 19.1M | 24.8M | 58.9M | 20.0M | 11.3M |
| Other Income | 101.0M | 101.0M | 62.3M | 84.4M | 71.1M | 69.4M | 38.3M | 79.5M | -- | -- | -- | -- | -- |
| Income Before Tax | 521.0M | 570.0M | 296.0M | 291.0M | 285.0M | 95.3M | 109.0M | 256.0M | 286.0M | 382.0M | 268.0M | 136.0M | 143.0M |
| Income Tax | 61.7M | 64.4M | 28.3M | 11.1M | 25.6M | 12.8M | 3.9M | 23.6M | 24.2M | 49.8M | 23.0M | 9.6M | 18.0M |
| Net Income | 459.0M | 505.0M | 268.0M | 280.0M | 260.0M | 82.5M | 105.0M | 233.0M | 262.0M | 332.0M | 245.0M | 126.0M | 125.0M |
| Net Margin % | 12.3% | 13.5% | 9.5% | 13.3% | 11.1% | 4.6% | 8.9% | 26.5% | 32.4% | 34.9% | 33.7% | 29.6% | 35.5% |
| Net Income Attributable | 441.0M | 502.0M | 267.0M | 280.0M | 267.0M | 66.3M | 53.7M | 233.0M | 262.0M | 332.0M | 245.0M | 126.0M | 125.0M |
| Minority Interest | 18.9M | 3.1M | 929,900 | 12,500 | -6.9M | 16.2M | 51.3M | -- | -- | -- | -- | -- | -- |
| Eps Basic | 1.00 | 1.13 | 0.61 | 0.64 | 0.63 | 0.16 | 0.13 | 0.60 | 0.73 | 0.92 | 0.68 | -- | -- |
| Eps Diluted | 1.00 | 1.13 | 0.60 | 0.63 | 0.61 | 0.16 | 0.13 | 0.60 | 0.73 | 0.92 | 0.68 | -- | -- |
| 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 | 1.5B | 1.3B | 827.0M | 643.0M | 679.0M | 643.0M | 756.0M | 680.0M | 316.0M | 207.0M | 106.0M | 174.0M | 67.7M |
| Trading Financial Assets | 299.0M | 211.0M | 127.0M | 107.0M | 83.2M | 128.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 2.1B | 1.9B | 1.4B | 1.0B | 1.0B | 1.3B | 1.1B | 924.0M | 748.0M | 732.0M | 480.0M | 396.0M | 316.0M |
| Notes Receivable | 19.3M | 34.2M | 27.7M | 18.8M | 25.2M | 58.6M | 367.0M | 336.0M | 356.0M | 313.0M | 192.0M | 180.0M | 122.0M |
| Notes And Accounts Receivable | 2.2B | 1.9B | 1.5B | 1.0B | 1.1B | 1.4B | 1.5B | 1.3B | 1.1B | 1.0B | 671.0M | 575.0M | 438.0M |
| Prepayments | 25.2M | 16.9M | 16.5M | 22.4M | 6.1M | 73.5M | 4.1M | 941,100 | 697,000 | 2.1M | 509,900 | 748,600 | 1.0M |
| Inventory | 818.0M | 893.0M | 1.1B | 854.0M | 721.0M | 730.0M | 461.0M | 197.0M | 235.0M | 290.0M | 314.0M | 193.0M | 123.0M |
| Total Current Assets | 5.5B | 4.9B | 4.1B | 3.6B | 3.4B | 3.4B | 3.0B | 2.7B | 1.7B | 1.6B | 1.2B | 965.0M | 638.0M |
| Long Term Equity Investment | 272.0M | 267.0M | 250.0M | 233.0M | 195.0M | 92.6M | 38.3M | 13.5M | 12.6M | -- | -- | -- | -- |
| Fixed Assets | -- | 1.3B | 938.0M | 924.0M | 213.0M | 170.0M | 44.9M | 39.7M | 36.4M | 23.0M | 26.0M | 20.6M | 19.7M |
| Fixed Assets Total | 1.7B | 1.3B | 938.0M | 925.0M | 213.0M | 170.0M | 44.9M | 39.7M | 36.4M | 23.0M | 26.0M | 20.6M | 19.7M |
| Construction In Progress | -- | 313.0M | 109.0M | 73.4M | 115.0M | 31.0M | 58.1M | 1.4M | 160,000 | -- | -- | -- | 2.5M |
| Construction In Progress Total | 9.5M | 313.0M | 109.0M | 73.4M | 123.0M | 31.0M | 58.1M | 1.4M | 160,000 | -- | -- | -- | 2.5M |
| Intangible Assets | 81.8M | 85.1M | 88.2M | 78.1M | 79.2M | 36.6M | 17.9M | 7.1M | 8.5M | 3.1M | 1.1M | 153,900 | 324,200 |
| Long Term Deferred Expenses | 36.1M | 33.4M | 8.6M | 3.4M | 3.0M | 3.6M | 3.2M | 3.2M | 4.6M | 3.4M | 4.3M | -- | -- |
| Total Non Current Assets | 2.4B | 2.3B | 1.8B | 1.6B | 864.0M | 838.0M | 624.0M | 116.0M | 103.0M | 90.3M | 67.2M | 35.5M | 28.8M |
| Total Assets | 8.0B | 7.2B | 5.9B | 5.2B | 4.2B | 4.2B | 3.7B | 2.8B | 1.8B | 1.7B | 1.3B | 1.0B | 667.0M |
| Short Term Borrowings | 30.0M | 129.0M | 38.2M | 60.1M | -- | 19.9M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 733.0M | 729.0M | 749.0M | 530.0M | 345.0M | 717.0M | 419.0M | 107.0M | 139.0M | 175.0M | 180.0M | 134.0M | 69.4M |
| Advance Receipts | -- | -- | -- | -- | 14.3M | 120.0M | 148.0M | 9.4M | 46.5M | 30.8M | 10.2M | 12.3M | 2.0M |
| Contract Liabilities | 128.0M | 149.0M | 117.0M | 52.3M | 35.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.3B | 2.3B | 1.9B | 1.6B | 1.4B | 1.5B | 909.0M | 390.0M | 377.0M | 459.0M | 401.0M | 322.0M | 253.0M |
| Long Term Borrowings | 725.0M | 514.0M | 416.0M | 392.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 1.2B | 935.0M | 522.0M | 444.0M | 37.6M | 209.0M | 296.0M | 40.6M | 39.3M | 30.6M | 23.3M | 16.5M | 12.5M |
| Total Liabilities | 3.5B | 3.2B | 2.4B | 2.1B | 1.4B | 1.7B | 1.2B | 431.0M | 417.0M | 490.0M | 425.0M | 338.0M | 266.0M |
| Paid In Capital | 444.0M | 443.0M | 442.0M | 437.0M | 434.0M | 431.0M | 420.0M | 420.0M | 360.0M | 360.0M | 300.0M | 13.6M | 10.5M |
| Capital Reserve | 1.2B | 1.2B | 1.1B | 1.1B | 1.0B | 1.0B | 937.0M | 938.0M | 240.0M | 240.0M | 300.0M | 143.0M | 11.6M |
| Surplus Reserve | 222.0M | 222.0M | 177.0M | 152.0M | 131.0M | 93.7M | 74.6M | 74.1M | 54.1M | 37.5M | 14.8M | 56.4M | 47.1M |
| Retained Earnings | 2.4B | 2.1B | 1.7B | 1.4B | 1.2B | 987.0M | 947.0M | 952.0M | 740.0M | 524.0M | 214.0M | 449.0M | 332.0M |
| Minority Equity | 100.0M | 81.6M | 4.4M | 3.5M | 1.5M | 94.7M | 78.5M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 4.3B | 3.9B | 3.4B | 3.2B | 2.8B | 2.5B | 2.4B | 2.4B | 1.4B | 1.2B | 829.0M | 663.0M | 401.0M |
| Total Equity | 4.4B | 4.0B | 3.4B | 3.2B | 2.8B | 2.6B | 2.5B | 2.4B | 1.4B | 1.2B | 829.0M | 663.0M | 401.0M |
| 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 | 3.5B | 3.5B | 2.8B | 1.9B | 1.8B | 1.5B | 1.3B | 763.0M | 760.0M | 675.0M | 644.0M | 365.0M | 272.0M |
| Tax Refunds Received | 107.0M | 86.9M | 134.0M | 76.4M | 82.0M | 64.1M | 27.6M | 64.7M | 46.3M | 62.8M | 46.2M | 39.2M | 13.2M |
| Total Operating Cash Inflow | 4.0B | 4.1B | 3.4B | 2.5B | 2.3B | 2.0B | 1.6B | 1.0B | 1.1B | 1.0B | 944.0M | 505.0M | 387.0M |
| Cash Paid For Goods | 1.9B | 1.9B | 1.8B | 1.4B | 933.0M | 831.0M | 779.0M | 324.0M | 339.0M | 377.0M | 308.0M | 222.0M | 170.0M |
| Cash Paid To Employees | 585.0M | 496.0M | 369.0M | 273.0M | 236.0M | 198.0M | 168.0M | 131.0M | 115.0M | 99.3M | 75.3M | 54.4M | 40.9M |
| Taxes Paid | 300.0M | 238.0M | 121.0M | 167.0M | 178.0M | 138.0M | 77.3M | 120.0M | 105.0M | 159.0M | 103.0M | 60.1M | 40.0M |
| Total Operating Cash Outflow | 3.7B | 3.6B | 3.0B | 2.6B | 2.1B | 1.9B | 1.6B | 953.0M | 895.0M | 976.0M | 848.0M | 481.0M | 370.0M |
| Operating Cash Flow | 272.0M | 488.0M | 409.0M | -38.2M | 141.0M | 104.0M | 46.2M | 86.4M | 175.0M | 25.4M | 96.8M | 23.7M | 17.1M |
| Total Investing Cash Inflow | 24.8M | 2.7M | 27.6M | 233.0M | 195.0M | 183.0M | 431.0M | 8.6M | 3.8M | 75.5M | 3.4M | 5.9M | 35,200 |
| Total Investing Cash Outflow | 184.0M | 437.0M | 288.0M | 615.0M | 462.0M | 532.0M | 337.0M | 531.0M | 59.0M | 19.3M | 88.5M | 4.1M | 6.2M |
| Investing Cash Flow | -159.0M | -435.0M | -261.0M | -383.0M | -267.0M | -349.0M | 94.5M | -522.0M | -55.2M | 56.2M | -85.2M | 1.8M | -6.2M |
| Cash From Borrowings | 389.0M | 242.0M | 81.2M | 479.0M | 30.0M | 19.9M | -- | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 112.0M | 53.7M | 54.0M | 57.3M | 7.5M | 7.4M | 58.8M | 20.0M | 9.9M | 80,800 | 125.0M | 30.0M | -- |
| Debt Repayments | 225.0M | 56.6M | 59.0M | -- | 19.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 431.0M | 421.0M | 142.0M | 525.0M | 148.0M | 57.9M | 21.5M | 759.0M | -- | -- | -- | 124.0M | 11.9M |
| Total Financing Cash Outflow | 400.0M | 131.0M | 137.0M | 198.0M | 29.4M | 7.4M | 97.6M | 20.0M | 9.9M | 80,800 | 125.0M | 30.0M | -- |
| Financing Cash Flow | 31.3M | 289.0M | 4.3M | 328.0M | 118.0M | 50.5M | -76.1M | 739.0M | -9.9M | -80,800 | -125.0M | 94.3M | 11.9M |
| Net Change In Cash | 146.0M | 346.0M | 155.0M | -93.4M | -8.8M | -195.0M | 64.8M | 303.0M | 109.0M | 81.5M | -114.0M | 120.0M | 22.9M |
| Ending Cash Balance | 961.0M | 814.0M | 468.0M | 313.0M | 406.0M | 415.0M | 610.0M | 545.0M | 242.0M | 133.0M | 51.1M | 165.0M | 44.9M |
| Capex | 102.0M | 423.0M | 264.0M | 523.0M | 296.0M | 155.0M | 89.0M | 20.7M | 9.1M | 18.3M | 18.5M | 4.1M | 5.7M |