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 | 3.5B | 3.4B | 2.8B | 2.4B | 1.9B | 1.6B | 1.6B | 1.4B | 967.0M | 851.0M | 744.0M | 784.0M | 691.0M |
| Revenue Growth % | 4.3% | 21.1% | 18.7% | 23.4% | 18.0% | -1.8% | 20.0% | 42.1% | 13.6% | 14.4% | -5.1% | 13.5% | -- |
| Total Revenue | 3.5B | 3.4B | 2.8B | 2.4B | 1.9B | 1.6B | 1.6B | 1.4B | 967.0M | 851.0M | 744.0M | 784.0M | 691.0M |
| Cost Of Revenue | 2.3B | 2.2B | 1.9B | 1.6B | 1.2B | 916.0M | 865.0M | 780.0M | 550.0M | 482.0M | 399.0M | 417.0M | 371.0M |
| Gross Profit | 1.2B | 1.1B | 889.0M | 780.0M | 747.0M | 703.0M | 784.0M | 594.0M | 417.0M | 369.0M | 345.0M | 367.0M | 320.0M |
| Gross Margin % | 33.5% | 33.9% | 31.8% | 33.1% | 39.1% | 43.4% | 47.5% | 43.2% | 43.1% | 43.4% | 46.4% | 46.8% | 46.3% |
| Total Operating Cost | 3.0B | 2.8B | 2.3B | 1.9B | 1.5B | 1.3B | 1.1B | 1.0B | 739.0M | 686.0M | 565.0M | 569.0M | 521.0M |
| Selling Expenses | 107.0M | 99.1M | 81.5M | 70.5M | 56.7M | 53.0M | 55.3M | 34.5M | 30.9M | 25.0M | 22.6M | 18.7M | 18.3M |
| Admin Expenses | 186.0M | 194.0M | 152.0M | 116.0M | 97.6M | 91.2M | 89.4M | 71.5M | 105.0M | 111.0M | 106.0M | 101.0M | 84.7M |
| Rd Expenses | 192.0M | 170.0M | 127.0M | 101.0M | 86.4M | 69.2M | 60.7M | 38.9M | -- | -- | -- | -- | -- |
| Finance Expenses | 3.0M | -4.0M | -11.4M | -8.0M | -5.7M | -8.5M | -7.9M | -863,000 | 896,900 | 420,300 | -2.9M | -4.3M | -441,800 |
| Operating Income | 587.0M | 558.0M | 506.0M | 452.0M | 429.0M | 379.0M | 516.0M | 350.0M | 231.0M | 168.0M | 186.0M | 282.0M | 247.0M |
| Operating Margin % | 16.6% | 16.5% | 18.1% | 19.2% | 22.5% | 23.4% | 31.3% | 25.5% | 23.9% | 19.7% | 25.0% | 36.0% | 35.7% |
| Non Operating Income | 135,100 | 304,300 | 371,300 | 57,500 | 149,600 | 646,900 | 1.1M | 2,300 | 3.9M | 4.2M | 4.7M | 1.3M | 550,500 |
| Non Operating Expenses | 2.2M | 625,500 | 110,200 | 298,100 | 6.1M | 248,900 | 861,200 | 228,500 | 15,600 | 1.0M | 33.8M | 1.5M | 74,000 |
| Investment Income | 29.9M | 35.6M | 18.6M | 23.6M | 24.5M | 17.4M | 15.9M | 2.6M | 2.9M | 2.8M | 7.7M | 66.5M | 77.3M |
| Fair Value Change Income | -12.8M | -74.5M | -9.0M | 278,200 | -1.7M | 2.1M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -12,300 | 159,800 | 204,700 | 24,000 | 326,000 | 72,500 | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 88.1M | 63.5M | 66.8M | 60.2M | 88.9M | -- | 73.4M | 93.2M | 43.3M | 59.7M | 32.5M | 26.1M | 24.7M |
| Other Income | 10.2M | 15.5M | 21.5M | 16.7M | 11.7M | 3.4M | 1.5M | 4.3M | -- | -- | -- | -- | -- |
| Income Before Tax | 585.0M | 558.0M | 507.0M | 452.0M | 423.0M | 380.0M | 516.0M | 350.0M | 235.0M | 171.0M | 157.0M | 282.0M | 248.0M |
| Income Tax | 63.3M | 63.8M | 62.1M | 61.2M | 58.9M | 54.7M | 79.6M | 61.1M | 39.4M | 30.7M | 32.6M | 37.6M | 30.1M |
| Net Income | 522.0M | 494.0M | 444.0M | 390.0M | 364.0M | 325.0M | 437.0M | 289.0M | 196.0M | 140.0M | 125.0M | 244.0M | 217.0M |
| Net Margin % | 14.8% | 14.6% | 15.9% | 16.5% | 19.1% | 20.1% | 26.5% | 21.0% | 20.3% | 16.5% | 16.8% | 31.1% | 31.4% |
| Net Income Attributable | 513.0M | 488.0M | 443.0M | 388.0M | 363.0M | 325.0M | 437.0M | 289.0M | 196.0M | 140.0M | 125.0M | 244.0M | 214.0M |
| Minority Interest | 8.8M | 5.6M | 1.6M | 2.0M | 621,400 | 250,100 | -192,300 | -- | -- | -- | -310,800 | 373,000 | 3.8M |
| Eps Basic | 0.94 | 0.90 | 0.81 | 0.85 | 0.80 | 0.71 | 0.96 | 1.04 | 0.80 | 0.58 | 0.56 | -- | -- |
| Eps Diluted | 0.94 | 0.90 | 0.81 | 0.85 | 0.80 | 0.71 | 0.96 | 1.04 | 0.80 | 0.58 | 0.56 | -- | -- |
| 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 | 1.1B | 1.3B | 1.1B | 1.1B | 1.1B | 512.0M | 772.0M | 804.0M | 387.0M | 197.0M | 176.0M | 469.0M | 424.0M |
| Trading Financial Assets | -- | -- | 70.4M | 60.2M | 160.0M | 552.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.4B | 1.2B | 1.1B | 910.0M | 666.0M | 1.7B | 1.4B | 1.1B | 778.0M | 738.0M | 693.0M | 717.0M | 534.0M |
| Notes Receivable | 38.0M | 6.3M | 19.3M | 8.9M | 24.4M | 3.6M | 720,000 | 1.5M | 210,400 | -- | 1.0M | -- | 450,000 |
| Notes And Accounts Receivable | 1.5B | 1.2B | 1.1B | 918.0M | 691.0M | 1.7B | 1.4B | 1.1B | 778.0M | 738.0M | 694.0M | 717.0M | 534.0M |
| Prepayments | 9.4M | 6.3M | 6.5M | 7.4M | 7.9M | 2.0M | 2.5M | 2.2M | 2.2M | 3.1M | 1.9M | 1.5M | 2.5M |
| Inventory | 759,200 | 535,200 | 346,900 | 249,900 | 198,400 | 91.0M | 454,800 | 157,800 | 76,600 | 48,000 | 247,100 | 170,700 | 740,500 |
| Total Current Assets | 5.8B | 5.3B | 4.4B | 3.7B | 3.5B | 2.9B | 2.8B | 2.4B | 1.3B | 1.0B | 923.0M | 1.3B | 1.0B |
| Long Term Equity Investment | 185.0M | 164.0M | 160.0M | 122.0M | 108.0M | 97.0M | 62.3M | 22.7M | 13.1M | 10.2M | 10.0M | 12.3M | 86.2M |
| Fixed Assets | -- | 556.0M | 565.0M | 140.0M | 143.0M | 120.0M | 114.0M | 114.0M | 121.0M | 131.0M | 95.0M | 100.0M | 131.0M |
| Fixed Assets Total | 534.0M | 556.0M | 565.0M | 140.0M | 143.0M | 120.0M | 114.0M | 114.0M | 121.0M | 131.0M | 95.0M | 100.0M | 131.0M |
| Construction In Progress | -- | -- | -- | 236.0M | 116.0M | 24.2M | 21.7M | -- | -- | -- | 45.7M | 18.7M | 6.5M |
| Construction In Progress Total | -- | -- | -- | 236.0M | 116.0M | 24.2M | 21.7M | -- | -- | -- | 45.7M | 18.7M | 6.5M |
| Intangible Assets | 83.2M | 84.8M | 86.7M | 88.6M | 88.6M | 93.8M | 16.7M | 14.9M | 15.6M | 14.8M | 15.7M | 8.3M | 11.5M |
| Long Term Deferred Expenses | 26.2M | 29.6M | 30.6M | 398,900 | 3.4M | 1.2M | -- | -- | -- | -- | -- | 46,800 | 473,000 |
| Total Non Current Assets | 1.2B | 1.2B | 1.3B | 729.0M | 584.0M | 445.0M | 307.0M | 236.0M | 221.0M | 224.0M | 290.0M | 259.0M | 388.0M |
| Total Assets | 7.0B | 6.5B | 5.6B | 4.4B | 4.1B | 3.4B | 3.1B | 2.7B | 1.5B | 1.2B | 1.2B | 1.6B | 1.4B |
| Short Term Borrowings | 500.0M | 300.0M | 150.0M | -- | -- | -- | -- | 8.0M | 47.5M | -- | 40.0M | -- | 30.0M |
| Accounts Payable | 1.9B | 1.6B | 1.5B | 1.0B | 972.0M | 707.0M | 594.0M | 435.0M | 268.0M | 229.0M | 236.0M | 255.0M | 219.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 187.0M | 188.0M | 256.0M | 246.0M | 196.0M | 166.0M | 93.1M | 55.1M |
| Contract Liabilities | 94.3M | 274.0M | 227.0M | 226.0M | 283.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.2B | 3.0B | 2.4B | 1.5B | 1.4B | 1.0B | 937.0M | 851.0M | 655.0M | 555.0M | 623.0M | 1.2B | 782.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | 15.0M | 15.0M | -- | -- | -- |
| Total Non Current Liabilities | 13.4M | 15.5M | 12.5M | 9.5M | 9.1M | 10.6M | 15.6M | 22.6M | 45.4M | 53.8M | 46.4M | 54.6M | 73.2M |
| Total Liabilities | 3.2B | 3.0B | 2.4B | 1.5B | 1.5B | 1.0B | 952.0M | 874.0M | 701.0M | 608.0M | 669.0M | 1.3B | 855.0M |
| Paid In Capital | 561.0M | 561.0M | 468.0M | 455.0M | 455.0M | 455.0M | 325.0M | 325.0M | 243.0M | 243.0M | 237.0M | 192.0M | 326.0M |
| Capital Reserve | 785.0M | 768.0M | 834.0M | 751.0M | 751.0M | 751.0M | 881.0M | 881.0M | 165.0M | 165.0M | 164.0M | 36.3M | 16.6M |
| Surplus Reserve | 280.0M | 250.0M | 209.0M | 170.0M | 142.0M | 117.0M | 93.4M | 58.8M | 34.8M | 19.0M | 7.7M | 43.6M | 20.8M |
| Retained Earnings | 2.2B | 1.9B | 1.7B | 1.5B | 1.3B | 1.0B | 854.0M | 539.0M | 347.0M | 197.0M | 135.0M | 41.2M | 210.0M |
| Minority Equity | 70.9M | 62.9M | 56.9M | 6.8M | 6.1M | 5.5M | 1.2M | -- | -- | -- | -- | 6.0M | 6.5M |
| Equity Attributable | 3.8B | 3.4B | 3.1B | 2.9B | 2.6B | 2.3B | 2.2B | 1.8B | 791.0M | 624.0M | 545.0M | 313.0M | 574.0M |
| Total Equity | 3.8B | 3.5B | 3.2B | 2.9B | 2.6B | 2.4B | 2.2B | 1.8B | 791.0M | 624.0M | 545.0M | 319.0M | 580.0M |
| 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 | 2.7B | 2.7B | 2.3B | 2.1B | 1.7B | 1.2B | 1.4B | 1.0B | 982.0M | 845.0M | 832.0M | 691.0M | 598.0M |
| Tax Refunds Received | -- | -- | -- | -- | -- | 6,800 | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 2.8B | 3.0B | 2.5B | 2.2B | 1.7B | 1.3B | 1.4B | 1.0B | 989.0M | 855.0M | 865.0M | 696.0M | 609.0M |
| Cash Paid For Goods | 1.6B | 1.7B | 1.1B | 1.2B | 688.0M | 550.0M | 456.0M | 369.0M | 277.0M | 293.0M | 228.0M | 253.0M | 189.0M |
| Cash Paid To Employees | 801.0M | 794.0M | 690.0M | 588.0M | 453.0M | 424.0M | 391.0M | 333.0M | 328.0M | 292.0M | 267.0M | 235.0M | 188.0M |
| Taxes Paid | 184.0M | 132.0M | 130.0M | 151.0M | 128.0M | 166.0M | 175.0M | 120.0M | 99.2M | 79.7M | 221.0M | 65.3M | 47.5M |
| Total Operating Cash Outflow | 3.0B | 2.8B | 2.0B | 2.0B | 1.3B | 1.2B | 1.1B | 916.0M | 804.0M | 740.0M | 791.0M | 608.0M | 476.0M |
| Operating Cash Flow | -149.0M | 273.0M | 484.0M | 170.0M | 405.0M | 51.6M | 257.0M | 117.0M | 185.0M | 116.0M | 74.4M | 88.2M | 133.0M |
| Total Investing Cash Inflow | 19.8M | 383.0M | 455.0M | 1.3B | 1.8B | 1.4B | 966.0M | 1.0M | 29,400 | 92.7M | 103.0M | 87.0M | 326.0M |
| Total Investing Cash Outflow | 34.0M | 379.0M | 981.0M | 1.3B | 1.5B | 1.6B | 1.1B | 392.0M | 18.0M | 25.0M | 34.7M | 136.0M | 222.0M |
| Investing Cash Flow | -14.2M | 4.0M | -526.0M | -38.7M | 305.0M | -178.0M | -182.0M | -391.0M | -17.9M | 67.7M | 68.0M | -48.9M | 104.0M |
| Cash From Borrowings | 500.0M | 300.0M | 150.0M | -- | -- | -- | -- | 48.0M | 47.5M | 15.0M | 40.0M | -- | 30.0M |
| Dividends And Interest Paid | 207.0M | 253.0M | 218.0M | 114.0M | 100.0M | 133.0M | 88.1M | 75.3M | 36.6M | 74.4M | 559.0M | 968,400 | 3.3M |
| Debt Repayments | 300.0M | 150.0M | -- | -- | -- | -- | 23.0M | 87.5M | -- | 55.0M | -- | 30.0M | 20.0M |
| Total Financing Cash Inflow | 501.0M | 301.0M | 277.0M | -- | -- | 4.0M | 647,100 | 896.0M | 47.5M | 34.5M | 134.0M | 52.7M | 30.0M |
| Total Financing Cash Outflow | 516.0M | 413.0M | 224.0M | 118.0M | 100.0M | 133.0M | 111.0M | 217.0M | 36.6M | 202.0M | 559.0M | 51.7M | 23.9M |
| Financing Cash Flow | -15.3M | -112.0M | 53.1M | -118.0M | -100.0M | -129.0M | -110.0M | 679.0M | 10.9M | -168.0M | -425.0M | 934,000 | 6.1M |
| Net Change In Cash | -178.0M | 165.0M | 11.6M | 13.7M | 610.0M | -255.0M | -35.1M | 404.0M | 178.0M | 15.4M | -282.0M | 40.2M | 244.0M |
| Ending Cash Balance | 1.1B | 1.3B | 1.1B | 1.1B | 1.1B | 471.0M | 726.0M | 761.0M | 356.0M | 178.0M | 163.0M | 445.0M | 405.0M |
| Capex | 23.1M | 98.5M | 246.0M | 148.0M | 98.7M | 111.0M | 38.4M | 12.3M | 10.0M | 11.2M | 34.7M | 24.3M | 13.4M |