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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.2B | 4.2B | 3.7B | 3.8B | 3.0B | 3.0B | 2.7B | 2.5B | 2.0B | 1.9B | 1.8B | 1.6B |
| Revenue Growth % | -0.4% | 14.9% | -3.6% | 25.2% | 1.1% | 10.4% | 10.4% | 24.5% | 6.8% | 4.2% | 11.7% | -- |
| Total Revenue | 4.2B | 4.2B | 3.7B | 3.8B | 3.0B | 3.0B | 2.7B | 2.5B | 2.0B | 1.9B | 1.8B | 1.6B |
| Cost Of Revenue | 2.5B | 2.5B | 2.2B | 2.4B | 2.0B | 1.9B | 1.8B | 1.6B | 1.2B | 1.2B | 1.2B | 1.1B |
| Gross Profit | 1.7B | 1.7B | 1.4B | 1.4B | 1.1B | 1.1B | 955.0M | 895.0M | 730.0M | 617.0M | 598.0M | 514.0M |
| Gross Margin % | 41.4% | 40.0% | 38.7% | 38.0% | 35.3% | 37.6% | 35.1% | 36.4% | 36.9% | 33.3% | 33.7% | 32.3% |
| Total Operating Cost | 3.8B | 3.8B | 3.4B | 3.4B | 2.8B | 2.7B | 2.4B | 2.2B | 1.8B | 1.7B | 1.6B | 1.5B |
| Selling Expenses | 1.0B | 1.0B | 855.0M | 754.0M | 569.0M | 583.0M | 446.0M | 392.0M | 304.0M | 266.0M | 303.0M | 258.0M |
| Admin Expenses | 187.0M | 181.0M | 173.0M | 152.0M | 144.0M | 127.0M | 114.0M | 104.0M | 163.0M | 162.0M | 137.0M | 114.0M |
| Rd Expenses | 82.1M | 77.8M | 71.6M | 65.2M | 63.9M | 76.1M | 69.0M | 80.9M | -- | -- | -- | -- |
| Finance Expenses | -7.2M | -19.3M | -13.7M | -11.0M | -12.0M | -8.8M | -6.7M | 5.9M | 12.3M | 20.5M | 14.4M | 9.0M |
| Operating Income | 426.0M | 407.0M | 296.0M | 457.0M | 293.0M | 350.0M | 328.0M | 295.0M | 224.0M | 152.0M | 134.0M | 122.0M |
| Operating Margin % | 10.2% | 9.7% | 8.1% | 12.0% | 9.7% | 11.7% | 12.1% | 12.0% | 11.3% | 8.2% | 7.5% | 7.7% |
| Non Operating Income | 17.5M | 50.8M | 37.8M | 20.8M | 38.3M | 24.7M | 12.9M | 13.4M | 15.1M | 11.2M | 10.5M | 12.3M |
| Non Operating Expenses | 1.0M | 6.9M | 2.1M | 2.0M | 2.4M | 1.2M | 396,300 | 714,000 | 351,600 | 664,800 | 1.5M | 3.8M |
| Investment Income | 5.9M | 1.4M | 972,100 | 806,200 | 1.7M | 16.9M | 15.7M | 534,500 | -- | -- | -- | -- |
| Fair Value Change Income | 9.3M | 6.1M | 8.6M | 5.7M | 9.5M | -485,000 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 243,100 | 2.0M | 228,200 | 13,800 | 96,100 | -96,600 | -44,700 | 22,800 | -1,100 | -- | -- | -- |
| Asset Impairment Loss | 26.0M | 22.1M | 26.7M | 16.1M | 7.6M | 9.1M | 8.4M | 8.7M | 15.0M | 7.4M | 2.9M | 3.2M |
| Other Income | 15.0M | 15.8M | 17.6M | 4.4M | 5.4M | 3.4M | 3.0M | 4.5M | -- | -- | -- | -- |
| Income Before Tax | 443.0M | 451.0M | 331.0M | 476.0M | 329.0M | 373.0M | 341.0M | 308.0M | 239.0M | 163.0M | 143.0M | 131.0M |
| Income Tax | 76.1M | 71.5M | 53.2M | 90.1M | 54.9M | 57.5M | 55.6M | 50.7M | 41.0M | 28.1M | 23.9M | 23.1M |
| Net Income | 367.0M | 379.0M | 278.0M | 386.0M | 275.0M | 316.0M | 285.0M | 257.0M | 198.0M | 135.0M | 119.0M | 108.0M |
| Net Margin % | 8.8% | 9.0% | 7.6% | 10.2% | 9.1% | 10.5% | 10.5% | 10.4% | 10.0% | 7.3% | 6.7% | 6.8% |
| Net Income Attributable | 367.0M | 379.0M | 278.0M | 386.0M | 275.0M | 316.0M | 285.0M | 257.0M | 198.0M | 135.0M | 115.0M | 98.8M |
| Minority Interest | -29,100 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 4.2M | 9.1M |
| Eps Basic | 1.40 | 1.44 | 1.05 | 1.46 | 1.04 | 1.19 | 1.07 | 1.25 | 0.99 | 0.80 | 0.75 | 0.64 |
| Eps Diluted | 1.40 | 1.44 | 1.05 | 1.46 | 1.04 | 1.19 | 1.07 | 1.25 | 0.99 | 0.80 | 0.75 | 0.64 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 894.0M | 1.1B | 1.2B | 1.2B | 1.0B | 711.0M | 632.0M | 1.3B | 295.0M | 236.0M | 109.0M | 146.0M |
| Trading Financial Assets | 451.0M | 363.0M | 171.0M | 200.0M | 100.0M | 323.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 303.0M | 333.0M | 345.0M | 217.0M | 286.0M | 184.0M | 177.0M | 120.0M | 96.8M | 98.9M | 93.9M | 93.6M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | 400,000 | -- | -- | 134,500 | 10.1M | 10.7M |
| Notes And Accounts Receivable | 303.0M | 333.0M | 345.0M | 217.0M | 286.0M | 184.0M | 177.0M | 120.0M | 96.8M | 99.0M | 104.0M | 104.0M |
| Prepayments | 51.4M | 79.2M | 40.0M | 31.1M | 77.4M | 49.7M | 43.2M | 34.1M | 43.2M | 24.9M | 38.9M | 20.4M |
| Inventory | 1.0B | 962.0M | 1.0B | 931.0M | 733.0M | 836.0M | 780.0M | 746.0M | 620.0M | 588.0M | 651.0M | 443.0M |
| Total Current Assets | 3.1B | 3.0B | 2.8B | 2.7B | 2.3B | 2.1B | 2.2B | 2.2B | 1.1B | 952.0M | 919.0M | 719.0M |
| Fixed Assets | -- | 366.0M | 395.0M | 423.0M | 432.0M | 396.0M | 380.0M | 257.0M | 215.0M | 224.0M | 239.0M | 232.0M |
| Fixed Assets Total | 421.0M | 366.0M | 395.0M | 423.0M | 432.0M | 396.0M | 380.0M | 257.0M | 215.0M | 224.0M | 239.0M | 232.0M |
| Construction In Progress | -- | 334,200 | 4.2M | 3.6M | 2.5M | 11.1M | 16.9M | 29.8M | 20.1M | 1.8M | 1.5M | 8.4M |
| Construction In Progress Total | 27.1M | 334,200 | 4.2M | 3.6M | 2.5M | 11.1M | 16.9M | 29.8M | 20.1M | 1.8M | 1.5M | 8.4M |
| Intangible Assets | 137.0M | 112.0M | 119.0M | 125.0M | 129.0M | 127.0M | 125.0M | 129.0M | 133.0M | 136.0M | 33.4M | 33.5M |
| Long Term Deferred Expenses | 25.1M | 26.2M | 28.8M | 27.6M | 32.5M | 27.3M | 16.5M | 9.7M | 15.3M | 10.7M | 12.7M | 6.9M |
| Total Non Current Assets | 743.0M | 641.0M | 720.0M | 756.0M | 725.0M | 681.0M | 566.0M | 452.0M | 411.0M | 392.0M | 304.0M | 297.0M |
| Total Assets | 3.8B | 3.6B | 3.5B | 3.5B | 3.0B | 2.8B | 2.8B | 2.6B | 1.5B | 1.3B | 1.2B | 1.0B |
| Short Term Borrowings | 50.0M | 6.1M | -- | -- | -- | -- | -- | 30.0M | 180.0M | 276.0M | 200.0M | 57.0M |
| Accounts Payable | 324.0M | 293.0M | 344.0M | 293.0M | 374.0M | 266.0M | 336.0M | 324.0M | 203.0M | 163.0M | 184.0M | 219.0M |
| Advance Receipts | -- | -- | -- | -- | 534,200 | 50.5M | 42.7M | 43.8M | 41.3M | 39.1M | 50.5M | 68.4M |
| Contract Liabilities | 29.6M | 33.6M | 30.9M | 47.7M | 22.2M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 776.0M | 649.0M | 681.0M | 724.0M | 627.0M | 526.0M | 568.0M | 585.0M | 576.0M | 563.0M | 574.0M | 429.0M |
| Long Term Borrowings | 9.0M | -- | -- | -- | -- | -- | -- | -- | -- | 22.0M | 18.0M | 48.0M |
| Total Non Current Liabilities | 50.3M | 53.1M | 87.8M | 113.0M | 21.1M | 18.4M | 12.1M | 11.4M | 5.5M | 28.0M | 25.0M | 51.8M |
| Total Liabilities | 826.0M | 702.0M | 768.0M | 837.0M | 648.0M | 544.0M | 580.0M | 596.0M | 581.0M | 591.0M | 599.0M | 480.0M |
| Paid In Capital | 263.0M | 263.0M | 267.0M | 267.0M | 267.0M | 267.0M | 267.0M | 267.0M | 200.0M | 200.0M | 154.0M | 154.0M |
| Capital Reserve | 830.0M | 843.0M | 895.0M | 895.0M | 895.0M | 899.0M | 899.0M | 899.0M | 18.2M | 18.2M | 5.2M | 5.2M |
| Surplus Reserve | 133.0M | 133.0M | 133.0M | 133.0M | 133.0M | 133.0M | 116.0M | 92.6M | 72.4M | 59.3M | 50.3M | 42.4M |
| Retained Earnings | 1.8B | 1.7B | 1.5B | 1.4B | 1.1B | 1.0B | 905.0M | 777.0M | 600.0M | 475.0M | 396.0M | 319.0M |
| Minority Equity | 50,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 19.5M | 15.3M |
| Equity Attributable | 3.0B | 2.9B | 2.8B | 2.6B | 2.4B | 2.3B | 2.2B | 2.0B | 890.0M | 753.0M | 605.0M | 521.0M |
| Total Equity | 3.0B | 2.9B | 2.8B | 2.6B | 2.4B | 2.3B | 2.2B | 2.0B | 890.0M | 753.0M | 625.0M | 536.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 4.8B | 4.7B | 3.9B | 4.3B | 3.3B | 3.4B | 3.1B | 2.8B | 2.3B | 2.2B | 2.1B | 1.8B |
| Tax Refunds Received | -- | 8.4M | 92.3M | 237,200 | 110,400 | 346,700 | 460,100 | 1.3M | 71,300 | 331,800 | 783,700 | 647,300 |
| Total Operating Cash Inflow | 4.8B | 4.8B | 4.0B | 4.4B | 3.3B | 3.5B | 3.1B | 2.9B | 2.3B | 2.2B | 2.1B | 1.8B |
| Cash Paid For Goods | 2.8B | 2.7B | 2.4B | 2.7B | 1.9B | 2.2B | 1.9B | 1.7B | 1.3B | 1.3B | 1.6B | 1.3B |
| Cash Paid To Employees | 598.0M | 562.0M | 516.0M | 460.0M | 380.0M | 388.0M | 384.0M | 367.0M | 302.0M | 270.0M | 238.0M | 187.0M |
| Taxes Paid | 268.0M | 322.0M | 426.0M | 208.0M | 229.0M | 212.0M | 228.0M | 168.0M | 146.0M | 156.0M | 110.0M | 143.0M |
| Total Operating Cash Outflow | 4.3B | 4.3B | 3.9B | 3.9B | 3.0B | 3.2B | 2.9B | 2.6B | 2.0B | 1.9B | 2.1B | 1.9B |
| Operating Cash Flow | 516.0M | 493.0M | 104.0M | 464.0M | 378.0M | 235.0M | 240.0M | 306.0M | 266.0M | 240.0M | -62.7M | -46.6M |
| Total Investing Cash Inflow | 1.5B | 496.0M | 979.0M | 527.0M | 1.2B | 1.3B | 1.3B | 176.0M | 5,859 | 81,000 | 3.0M | 2.5M |
| Total Investing Cash Outflow | 1.9B | 794.0M | 897.0M | 682.0M | 1.1B | 1.3B | 2.0B | 239.0M | 18.9M | 143.0M | 64.0M | 68.2M |
| Investing Cash Flow | -441.0M | -298.0M | 82.4M | -155.0M | 133.0M | 63.0M | -712.0M | -63.4M | -18.9M | -143.0M | -61.0M | -65.7M |
| Cash From Borrowings | 192.0M | 56.5M | 50.4M | -- | 50.0M | -- | -- | 155.0M | 305.0M | 492.0M | 563.0M | 363.0M |
| Dividends And Interest Paid | 237.0M | 184.0M | 133.0M | 106.0M | 211.0M | 186.0M | 133.0M | 65.2M | 71.0M | 66.7M | 45.4M | 41.2M |
| Debt Repayments | 138.0M | 50.4M | 50.4M | -- | 50.0M | -- | 30.0M | 305.0M | 423.0M | 442.0M | 430.0M | 404.0M |
| Total Financing Cash Inflow | 230.0M | 56.5M | 50.4M | -- | 88.3M | -- | -- | 1.1B | 305.0M | 538.0M | 563.0M | 364.0M |
| Total Financing Cash Outflow | 535.0M | 292.0M | 244.0M | 153.0M | 291.0M | 221.0M | 163.0M | 401.0M | 494.0M | 509.0M | 475.0M | 445.0M |
| Financing Cash Flow | -305.0M | -236.0M | -194.0M | -153.0M | -203.0M | -221.0M | -163.0M | 731.0M | -189.0M | 29.3M | 87.6M | -81.5M |
| Net Change In Cash | -230.0M | -40.6M | -7.2M | 156.0M | 308.0M | 77.2M | -636.0M | 973.0M | 57.8M | 126.0M | -36.1M | -194.0M |
| Ending Cash Balance | 892.0M | 1.1B | 1.2B | 1.2B | 1.0B | 706.0M | 628.0M | 1.3B | 292.0M | 234.0M | 107.0M | 143.0M |
| Capex | 157.0M | 31.6M | 47.1M | 61.7M | 101.0M | 94.6M | 188.0M | 64.3M | 18.9M | 124.0M | 64.0M | 68.2M |