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 |
|---|---|---|---|---|---|---|
| Revenue | 8.1B | 6.5B | 7.2B | 6.3B | 3.8B | 3.4B |
| Revenue Growth % | 24.7% | -9.0% | 13.4% | 64.5% | 12.7% | -- |
| Total Revenue | 8.1B | 6.5B | 7.2B | 6.3B | 3.8B | 3.4B |
| Cost Of Revenue | 7.4B | 5.9B | 6.5B | 5.7B | 3.5B | 3.1B |
| Gross Profit | 708.0M | 581.0M | 698.0M | 596.0M | 300.0M | 278.0M |
| Gross Margin % | 8.7% | 8.9% | 9.8% | 9.5% | 7.8% | 8.2% |
| Total Operating Cost | 7.8B | 6.3B | 6.8B | 6.1B | 3.8B | 3.4B |
| Selling Expenses | 27.7M | 19.5M | 20.2M | 28.4M | 14.5M | 47.2M |
| Admin Expenses | 65.8M | 46.5M | 48.0M | 46.7M | 32.2M | 28.0M |
| Rd Expenses | 277.0M | 219.0M | 192.0M | 209.0M | 139.0M | 113.0M |
| Finance Expenses | 14.7M | 26.9M | 36.6M | 63.5M | 66.0M | 70.0M |
| Operating Income | 323.0M | 241.0M | 358.0M | 241.0M | 65.2M | 15.1M |
| Operating Margin % | 4.0% | 3.7% | 5.0% | 3.8% | 1.7% | 0.4% |
| Non Operating Income | 95,900 | 97,600 | 535,100 | 77,500 | 3,500 | 7,000 |
| Non Operating Expenses | 3.9M | 2.6M | 4.6M | 1.7M | 501,400 | 815,100 |
| Investment Income | -22.1M | -23.0M | -26.2M | -8.7M | 4.6M | -6.6M |
| Fair Value Change Income | 2.7M | -1.4M | -588,000 | 2.0M | -5.9M | 3.2M |
| Asset Disposal Income | 6,500 | -- | -1.8M | -997,300 | -35,100 | -439,900 |
| Asset Impairment Loss | 7.2M | 2.8M | 3.6M | 192,500 | 405,000 | 675,300 |
| Other Income | 55.6M | 15.8M | 13.6M | 16.7M | 23.7M | 6.9M |
| Income Before Tax | 319.0M | 238.0M | 354.0M | 239.0M | 64.7M | 14.3M |
| Income Tax | -254,300 | 93,400 | -5,262 | 4,251 | 5,632 | 19,500 |
| Net Income | 319.0M | 238.0M | 354.0M | 239.0M | 64.6M | 14.3M |
| Net Margin % | 3.9% | 3.7% | 5.0% | 3.8% | 1.7% | 0.4% |
| Net Income Attributable | 319.0M | 238.0M | 354.0M | 239.0M | 64.6M | 14.3M |
| Eps Basic | 2.17 | 1.61 | 2.40 | 1.89 | 0.54 | 0.12 |
| Eps Diluted | 2.17 | 1.61 | 2.40 | 1.89 | 0.54 | 0.12 |
| 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 |
|---|---|---|---|---|---|---|
| Cash And Equivalents | 501.0M | 452.0M | 323.0M | 510.0M | 399.0M | 321.0M |
| Trading Financial Assets | -- | -- | 1.4M | 2.0M | -- | -- |
| Accounts Receivable | 838.0M | 547.0M | 484.0M | 369.0M | 208.0M | 204.0M |
| Notes Receivable | -- | -- | 1.3M | 20.2M | 17.0M | 6.7M |
| Notes And Accounts Receivable | 838.0M | 547.0M | 485.0M | 390.0M | 225.0M | 211.0M |
| Prepayments | 86.0M | 16.3M | 33.5M | 27.2M | 57.4M | 12.1M |
| Inventory | 929.0M | 756.0M | 820.0M | 851.0M | 611.0M | 466.0M |
| Total Current Assets | 2.6B | 2.2B | 1.9B | 2.0B | 1.5B | 1.2B |
| Fixed Assets | -- | 616.0M | 662.0M | 704.0M | 642.0M | 687.0M |
| Fixed Assets Total | 759.0M | 616.0M | 662.0M | 704.0M | 642.0M | 687.0M |
| Construction In Progress | -- | 171.0M | 37.5M | 29.6M | 116.0M | 80.8M |
| Construction In Progress Total | 64.4M | 171.0M | 37.5M | 29.6M | 116.0M | 80.8M |
| Intangible Assets | 56.7M | 58.6M | 59.4M | 59.2M | 61.0M | 62.9M |
| Long Term Deferred Expenses | 37,200 | 1.4M | 1.4M | 1.1M | 1.2M | 1.2M |
| Total Non Current Assets | 904.0M | 864.0M | 787.0M | 814.0M | 845.0M | 849.0M |
| Total Assets | 3.5B | 3.0B | 2.7B | 2.8B | 2.3B | 2.0B |
| Short Term Borrowings | 535.0M | 493.0M | 901.0M | 1.2B | 1.3B | 1.3B |
| Accounts Payable | 112.0M | 104.0M | 101.0M | 103.0M | 117.0M | 85.2M |
| Advance Receipts | 71,700 | 61,900 | 232,300 | 227,700 | -- | 43.2M |
| Contract Liabilities | 21.7M | 28.9M | 38.9M | 79.9M | 52.1M | -- |
| Total Current Liabilities | 1.7B | 1.6B | 1.4B | 1.8B | 2.1B | 1.9B |
| Long Term Borrowings | 89.3M | 19.8M | 188.0M | 160.0M | -- | -- |
| Total Non Current Liabilities | 110.0M | 37.4M | 204.0M | 178.0M | 15.2M | 7.7M |
| Total Liabilities | 1.8B | 1.7B | 1.6B | 2.0B | 2.1B | 1.9B |
| Paid In Capital | 148.0M | 148.0M | 148.0M | 148.0M | 120.0M | 120.0M |
| Capital Reserve | 516.0M | 516.0M | 516.0M | 516.0M | 200.0M | 200.0M |
| Surplus Reserve | 37.2M | 30.3M | 26.2M | 20.9M | 15.6M | 15.0M |
| Retained Earnings | 975.0M | 662.0M | 428.0M | 118.0M | -116.0M | -180.0M |
| Equity Attributable | 1.7B | 1.4B | 1.1B | 806.0M | 223.0M | 158.0M |
| Total Equity | 1.7B | 1.4B | 1.1B | 806.0M | 223.0M | 158.0M |
| 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 |
|---|---|---|---|---|---|---|
| Cash From Sales | 6.2B | 5.2B | 5.5B | 4.3B | 2.4B | 2.0B |
| Tax Refunds Received | 37.0M | 37.0M | 69.9M | 119.0M | 43.5M | 70.6M |
| Total Operating Cash Inflow | 6.4B | 5.4B | 5.7B | 4.7B | 2.7B | 2.3B |
| Cash Paid For Goods | 5.9B | 4.4B | 5.1B | 4.4B | 2.2B | 1.9B |
| Cash Paid To Employees | 190.0M | 156.0M | 150.0M | 131.0M | 99.4M | 99.0M |
| Taxes Paid | 19.0M | 42.9M | 39.2M | 8.1M | 7.8M | 4.4M |
| Total Operating Cash Outflow | 6.3B | 4.8B | 5.4B | 4.8B | 2.6B | 2.3B |
| Operating Cash Flow | 137.0M | 602.0M | 285.0M | -116.0M | 92.4M | 65.1M |
| Total Investing Cash Inflow | 1.8M | 4.3M | 8.4M | 4.5M | 4.9M | -- |
| Total Investing Cash Outflow | 60.7M | 96.2M | 57.7M | 56.4M | 47.2M | 48.5M |
| Investing Cash Flow | -58.9M | -91.9M | -49.3M | -52.0M | -42.3M | -48.5M |
| Cash From Borrowings | 665.0M | 767.0M | 1.2B | 1.5B | 1.4B | 1.8B |
| Dividends And Interest Paid | 19.2M | 28.8M | 83.6M | 53.8M | 53.6M | 63.9M |
| Debt Repayments | 672.0M | 1.2B | 1.5B | 1.4B | 1.4B | 1.7B |
| Total Financing Cash Inflow | 665.0M | 794.0M | 1.3B | 1.9B | 1.7B | 1.9B |
| Total Financing Cash Outflow | 692.0M | 1.2B | 1.6B | 1.6B | 1.7B | 2.0B |
| Financing Cash Flow | -26.6M | -450.0M | -298.0M | 331.0M | 629,600 | -9.9M |
| Net Change In Cash | 52.6M | 60.5M | -55.9M | 162.0M | 45.7M | 7.9M |
| Ending Cash Balance | 343.0M | 290.0M | 230.0M | 286.0M | 124.0M | 78.4M |
| Capex | 56.7M | 89.5M | 33.3M | 39.4M | 47.2M | 43.4M |