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 | 550.0M | 677.0M | 791.0M | 996.0M | 1.0B | 697.0M | 448.0M | 499.0M | 494.0M | 468.0M | 474.0M | 471.0M | 274.0M | 151.0M |
| Revenue Growth % | -18.8% | -14.4% | -20.6% | -2.7% | 46.9% | 55.6% | -10.2% | 1.0% | 5.6% | -1.3% | 0.6% | 71.9% | 81.5% | -- |
| Total Revenue | 550.0M | 677.0M | 791.0M | 996.0M | 1.0B | 697.0M | 448.0M | 499.0M | 494.0M | 468.0M | 474.0M | 471.0M | 274.0M | 151.0M |
| Cost Of Revenue | 162.0M | 144.0M | 143.0M | 171.0M | 142.0M | 118.0M | 78.0M | 43.3M | 35.5M | 23.2M | 17.1M | 12.5M | 6.9M | 3.8M |
| Gross Profit | 388.0M | 533.0M | 648.0M | 825.0M | 882.0M | 579.0M | 370.0M | 455.7M | 458.5M | 444.8M | 456.9M | 458.5M | 267.1M | 147.2M |
| Gross Margin % | 70.5% | 78.7% | 81.9% | 82.8% | 86.1% | 83.1% | 82.6% | 91.3% | 92.8% | 95.1% | 96.4% | 97.3% | 97.5% | 97.5% |
| Total Operating Cost | 521.0M | 586.0M | 575.0M | 655.0M | 649.0M | 516.0M | 374.0M | 325.0M | 261.0M | 236.0M | 200.0M | 142.0M | 88.2M | 55.8M |
| Selling Expenses | 91.3M | 137.0M | 123.0M | 169.0M | 230.0M | 173.0M | 118.0M | 105.0M | 56.4M | 66.5M | 72.7M | 50.5M | 38.0M | 28.3M |
| Admin Expenses | 109.0M | 112.0M | 116.0M | 98.5M | 87.1M | 89.6M | 78.7M | 61.3M | 159.0M | 152.0M | 108.0M | 70.6M | 40.3M | 16.5M |
| Rd Expenses | 130.0M | 151.0M | 190.0M | 210.0M | 166.0M | 117.0M | 96.4M | 122.0M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -52.5M | -39.7M | -32.9M | -13.8M | 5.2M | -6.8M | -8.0M | -14.9M | -13.3M | -11.9M | -14.1M | -8.1M | -5.1M | -428,800 |
| Operating Income | 54.8M | 82.8M | 226.0M | 407.0M | 446.0M | 256.0M | 132.0M | 197.0M | 238.0M | 233.0M | 272.0M | 328.0M | 186.0M | 95.1M |
| Operating Margin % | 10.0% | 12.2% | 28.6% | 40.9% | 43.6% | 36.7% | 29.5% | 39.5% | 48.2% | 49.8% | 57.4% | 69.6% | 67.9% | 63.0% |
| Non Operating Income | 2.1M | 658,600 | 1.0M | 3.2M | 10.7M | 862,800 | 800.00 | 279,300 | 30.1M | 13.3M | 27.4M | 7.9M | 1.5M | 146,000 |
| Non Operating Expenses | 2.8M | 1.0M | 696,600 | 8.1M | 2.2M | 1.9M | 47,900 | 1.5M | 1.5M | 312,200 | -- | 17,900 | 96,300 | -- |
| Investment Income | 3.6M | 6.1M | 32.9M | 44.2M | 46.3M | 26.4M | 56.6M | 26.8M | 3.3M | -- | -746,600 | -1.4M | -59,200 | -- |
| Fair Value Change Income | -1.8M | -25.0M | -38.8M | 8.8M | 6.7M | 34.2M | -2.7M | -7.8M | 817,500 | -- | -- | -- | -- | -- |
| Asset Disposal Income | 159,000 | 106,000 | 28,600 | 69,700 | -11,100 | 45,400 | 106,800 | 25,700 | 208,700 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 66.8M | 60.3M | 29.4M | 10.2M | 8.1M | 17.1M | 7.8M | 6.8M | 19.8M | 1.5M | 7.5M | 194,300 | -1.4M | 1.4M |
| Other Income | 23.6M | 10.0M | 16.2M | 13.5M | 18.2M | 15.0M | 3.9M | 4.0M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 54.1M | 82.4M | 226.0M | 402.0M | 454.0M | 255.0M | 132.0M | 196.0M | 267.0M | 246.0M | 300.0M | 336.0M | 187.0M | 95.2M |
| Income Tax | 24.8M | 26.9M | 18.7M | 45.2M | 42.4M | 26.3M | 10.6M | 34.5M | 16.1M | 31.5M | 26.7M | 31.8M | 21.5M | -134,300 |
| Net Income | 29.3M | 55.5M | 207.0M | 357.0M | 412.0M | 229.0M | 121.0M | 161.0M | 251.0M | 214.0M | 273.0M | 304.0M | 165.0M | 95.4M |
| Net Margin % | 5.3% | 8.2% | 26.2% | 35.8% | 40.2% | 32.9% | 27.0% | 32.3% | 50.8% | 45.7% | 57.6% | 64.5% | 60.2% | 63.2% |
| Net Income Attributable | 30.6M | 56.8M | 201.0M | 339.0M | 395.0M | 228.0M | 130.0M | 165.0M | 256.0M | 217.0M | 273.0M | 304.0M | 165.0M | 95.4M |
| Minority Interest | -1.3M | -1.4M | 6.2M | 18.4M | 17.0M | 452,300 | -8.2M | -3.4M | -5.4M | -3.4M | -114,200 | -- | -- | -- |
| Eps Basic | 0.12 | 0.23 | 0.83 | 1.41 | 1.64 | 0.95 | 0.54 | 0.69 | 1.35 | 1.21 | 1.52 | 1.69 | 0.92 | -- |
| Eps Diluted | 0.12 | 0.23 | 0.83 | 1.40 | 1.63 | 0.95 | 0.54 | 0.69 | 1.35 | 1.21 | 1.52 | 1.69 | 0.92 | -- |
| 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 | 1.3B | 1.4B | 1.1B | 904.0M | 770.0M | 245.0M | 770.0M | 324.0M | 1.0B | 349.0M | 489.0M | 402.0M | 218.0M | 92.4M |
| Trading Financial Assets | 246.0M | 109.0M | 586.0M | 1.0B | 1.2B | 1.2B | 5.4M | 8.1M | 15.8M | -- | -- | -- | -- | -- |
| Accounts Receivable | 23.9M | 44.3M | 46.3M | 50.6M | 125.0M | 81.5M | 6.4M | 6.9M | 2.3M | 22.5M | 1.5M | 2.5M | 282,600 | 482,700 |
| Notes And Accounts Receivable | 23.9M | 44.3M | 46.3M | 50.6M | 125.0M | 81.5M | 6.4M | 6.9M | 2.3M | 22.5M | 1.5M | 2.5M | 282,600 | 482,700 |
| Prepayments | 7.0M | 11.4M | 18.0M | 7.4M | 5.3M | 6.9M | 147,700 | 3.3M | 2.3M | 2.3M | 3.2M | 5.7M | 34,500 | 143,900 |
| Inventory | 873,500 | 56,400 | 151,000 | 195,500 | 381,200 | 339,300 | 208,000 | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 1.6B | 1.6B | 1.8B | 2.0B | 2.1B | 1.6B | 1.3B | 1.4B | 1.6B | 512.0M | 511.0M | 424.0M | 221.0M | 124.0M |
| Long Term Equity Investment | 62.3M | 64.2M | 94.5M | 91.6M | 74.5M | 66.8M | 77.4M | 62.7M | -- | -- | -- | 6.5M | 2.9M | -- |
| Fixed Assets | -- | 349.0M | 270.0M | 315.0M | 407.0M | 222.0M | 242.0M | 280.0M | 18.8M | 10.9M | 11.9M | 10.1M | 9.4M | 4.3M |
| Fixed Assets Total | 326.0M | 349.0M | 270.0M | 315.0M | 407.0M | 222.0M | 242.0M | 280.0M | 18.8M | 10.9M | 11.9M | 10.1M | 9.4M | 4.3M |
| Construction In Progress | -- | -- | 77.8M | 9.3M | 22,400 | 161.0M | 125.0M | 87.6M | 193.0M | 91.8M | 33.0M | -- | -- | -- |
| Construction In Progress Total | -- | -- | 77.8M | 9.3M | 22,400 | 161.0M | 125.0M | 87.6M | 193.0M | 91.8M | 33.0M | -- | -- | -- |
| Intangible Assets | 15.9M | 16.9M | 19.1M | 18.0M | 19.0M | 20.8M | 15.5M | 16.5M | 18.0M | 19.3M | 7.8M | 1.0M | 167,000 | -- |
| Long Term Deferred Expenses | -- | -- | -- | 170,100 | 546,700 | 1.2M | -- | -- | -- | -- | -- | -- | 17,600 | 44,100 |
| Total Non Current Assets | 980.0M | 1.1B | 1.1B | 1.1B | 939.0M | 906.0M | 589.0M | 527.0M | 276.0M | 139.0M | 55.3M | 18.4M | 13.1M | 5.5M |
| Total Assets | 2.6B | 2.7B | 2.9B | 3.1B | 3.0B | 2.5B | 1.9B | 1.9B | 1.8B | 651.0M | 566.0M | 442.0M | 234.0M | 129.0M |
| Short Term Borrowings | -- | -- | -- | 150,300 | 7.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 38.9M | 54.1M | 40.5M | 56.0M | 91.5M | 87.4M | 84.6M | 129.0M | 53.5M | 14.3M | 15.1M | 8.1M | 4.0M | 1.5M |
| Advance Receipts | 6.4M | 4.2M | 2.9M | 3.3M | 800,100 | 4.1M | 7.0M | 6.5M | 6.4M | 5.2M | 14.1M | 13.5M | 12.3M | 6.9M |
| Contract Liabilities | 215.0M | 244.0M | 251.0M | 325.0M | 403.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 373.0M | 422.0M | 472.0M | 566.0M | 747.0M | 575.0M | 216.0M | 295.0M | 291.0M | 233.0M | 199.0M | 151.0M | 82.3M | 29.4M |
| Total Non Current Liabilities | 4.5M | 9.3M | 7.6M | 13.7M | 10.4M | 5.9M | 1.8M | 1.8M | 81,800 | -- | -- | -- | -- | -- |
| Total Liabilities | 377.0M | 431.0M | 479.0M | 580.0M | 757.0M | 581.0M | 218.0M | 297.0M | 291.0M | 233.0M | 199.0M | 151.0M | 82.3M | 29.4M |
| Paid In Capital | 245.0M | 245.0M | 246.0M | 247.0M | 248.0M | 244.0M | 243.0M | 240.0M | 240.0M | 180.0M | 180.0M | 180.0M | 90.0M | 10.0M |
| Capital Reserve | 804.0M | 857.0M | 877.0M | 981.0M | 986.0M | 889.0M | 887.0M | 831.0M | 831.0M | 14.7M | -- | -- | 13.4M | -- |
| Surplus Reserve | 135.0M | 135.0M | 135.0M | 135.0M | 135.0M | 135.0M | 135.0M | 135.0M | 116.0M | 87.8M | 64.0M | 36.4M | 6.0M | 9.0M |
| Retained Earnings | 1.0B | 1.1B | 1.3B | 1.3B | 963.0M | 674.0M | 487.0M | 407.0M | 362.0M | 134.0M | 120.0M | 74.6M | 42.7M | 81.0M |
| Minority Equity | 2.7M | 11.5M | 7.6M | 61.7M | 38.9M | 22.8M | 4.2M | 5.9M | 2.8M | 2.1M | 2.9M | -- | -- | -- |
| Equity Attributable | 2.2B | 2.3B | 2.4B | 2.5B | 2.2B | 1.9B | 1.7B | 1.6B | 1.6B | 416.0M | 364.0M | 291.0M | 152.0M | 100.0M |
| Total Equity | 2.2B | 2.3B | 2.4B | 2.5B | 2.3B | 1.9B | 1.7B | 1.6B | 1.6B | 419.0M | 367.0M | 291.0M | 152.0M | 100.0M |
| 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 | 545.0M | 689.0M | 746.0M | 1.0B | 1.2B | 879.0M | 438.0M | 425.0M | 578.0M | 502.0M | 536.0M | 541.0M | 294.0M | 174.0M |
| Tax Refunds Received | 5.5M | 6.4M | 15.0M | -- | -- | -- | -- | 19,200 | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 650.0M | 783.0M | 814.0M | 1.1B | 1.2B | 909.0M | 455.0M | 455.0M | 619.0M | 531.0M | 574.0M | 554.0M | 297.0M | 175.0M |
| Cash Paid For Goods | 68.6M | 69.9M | 74.1M | 110.0M | 93.8M | 111.0M | 51.8M | 42.8M | 27.7M | 22.4M | 12.9M | 6.9M | 4.3M | 2.7M |
| Cash Paid To Employees | 262.0M | 281.0M | 340.0M | 312.0M | 248.0M | 212.0M | 165.0M | 150.0M | 136.0M | 130.0M | 91.2M | 58.2M | 32.2M | 13.9M |
| Taxes Paid | 45.2M | 49.7M | 82.5M | 99.6M | 76.9M | 80.3M | 27.1M | 24.5M | 60.2M | 58.1M | 38.6M | 76.0M | 5.6M | 10.0M |
| Total Operating Cash Outflow | 535.0M | 566.0M | 674.0M | 762.0M | 636.0M | 597.0M | 386.0M | 344.0M | 310.0M | 313.0M | 233.0M | 201.0M | 83.1M | 59.2M |
| Operating Cash Flow | 115.0M | 217.0M | 141.0M | 318.0M | 560.0M | 312.0M | 69.2M | 111.0M | 309.0M | 218.0M | 340.0M | 353.0M | 214.0M | 116.0M |
| Total Investing Cash Inflow | 756.0M | 917.0M | 2.0B | 1.8B | 2.0B | 1.6B | 2.5B | 1.7B | 354.0M | 113.0M | -- | 426,400 | 30.2M | 10.0M |
| Total Investing Cash Outflow | 940.0M | 532.0M | 1.8B | 1.8B | 2.0B | 2.4B | 2.1B | 2.4B | 856.0M | 309.0M | 41.5M | 14.7M | 10.0M | 42.7M |
| Investing Cash Flow | -183.0M | 385.0M | 275.0M | -9.1M | 9.2M | -843.0M | 418.0M | -726.0M | -502.0M | -196.0M | -41.5M | -14.2M | 20.3M | -32.7M |
| Cash From Borrowings | -- | -- | 400,000 | 1.8M | 7.3M | -- | 30.0M | -- | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 114.0M | 199.0M | 220.0M | 39.7M | 116.0M | 42.8M | 50.0M | 100.0M | -- | 180.0M | 215.0M | 155.0M | 109.0M | -- |
| Debt Repayments | -- | -- | 550,000 | 8.9M | -- | 2.0M | 30.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 39.5M | 6.3M | 9.0M | 6.3M | 93.4M | 47.0M | 80.4M | 6.6M | 891.0M | 17.4M | 3.0M | -- | -- | -- |
| Total Financing Cash Outflow | 155.0M | 253.0M | 281.0M | 172.0M | 117.0M | 44.8M | 124.0M | 102.0M | 10.5M | 180.0M | 215.0M | 155.0M | 109.0M | -- |
| Financing Cash Flow | -115.0M | -247.0M | -272.0M | -166.0M | -23.6M | 2.2M | -44.0M | -95.5M | 880.0M | -163.0M | -212.0M | -155.0M | -109.0M | -- |
| Net Change In Cash | -176.0M | 364.0M | 180.0M | 132.0M | 527.0M | -526.0M | 445.0M | -714.0M | 689.0M | -140.0M | 86.9M | 184.0M | 126.0M | 82.9M |
| Ending Cash Balance | 1.3B | 1.4B | 1.1B | 902.0M | 770.0M | 243.0M | 769.0M | 324.0M | 1.0B | 349.0M | 489.0M | 402.0M | 218.0M | 92.4M |
| Capex | 16.7M | 47.5M | 89.2M | 75.4M | 83.3M | 37.1M | 80.0M | 97.7M | 84.9M | 64.5M | 40.0M | 9.7M | 7.0M | 4.1M |