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 | 13.8B | 15.3B | 19.4B | 9.5B | 5.9B | 4.4B | 3.4B | 3.3B | 2.0B | 1.7B | 1.8B | 1.9B | 1.1B | 1.3B |
| Revenue Growth % | -10.2% | -21.1% | 105.1% | 61.6% | 33.8% | 30.4% | 2.2% | 67.0% | 13.7% | -5.3% | -5.0% | 70.0% | -11.7% | -- |
| Total Revenue | 13.8B | 15.3B | 19.4B | 9.5B | 5.9B | 4.4B | 3.4B | 3.3B | 2.0B | 1.7B | 1.8B | 1.9B | 1.1B | 1.3B |
| Cost Of Revenue | 12.5B | 15.1B | 16.8B | 7.8B | 4.9B | 3.8B | 2.7B | 2.3B | 1.5B | 1.4B | 1.4B | 1.5B | 879.0M | 1.0B |
| Gross Profit | 1.3B | 252.0M | 2.6B | 1.6B | 916.0M | 589.0M | 609.0M | 962.0M | 434.0M | 352.0M | 458.0M | 391.0M | 250.0M | 256.0M |
| Gross Margin % | 9.2% | 1.6% | 13.2% | 17.1% | 15.7% | 13.5% | 18.2% | 29.3% | 22.1% | 20.4% | 25.1% | 20.4% | 22.1% | 20.0% |
| Total Operating Cost | 13.3B | 16.7B | 17.9B | 8.5B | 5.5B | 4.2B | 3.1B | 2.6B | 1.9B | 1.6B | 1.6B | 1.9B | 997.0M | 1.1B |
| Selling Expenses | 59.3M | 62.2M | 52.5M | 48.5M | 50.2M | 138.0M | 89.0M | 84.6M | 79.9M | 78.8M | 65.3M | 78.9M | 53.1M | 56.1M |
| Admin Expenses | 249.0M | 232.0M | 235.0M | 182.0M | 142.0M | 91.2M | 114.0M | 77.0M | 85.6M | 97.0M | 80.0M | 55.7M | 31.8M | 27.5M |
| Rd Expenses | 156.0M | 205.0M | 231.0M | 138.0M | 90.6M | 53.2M | 52.0M | 46.0M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 162.0M | 237.0M | 191.0M | 160.0M | 172.0M | 87.2M | 95.4M | 119.0M | 40.9M | 34.1M | 77.5M | 100.0M | 25.0M | 36.7M |
| Operating Income | 554.0M | -891.0M | 1.5B | 972.0M | 382.0M | 151.0M | 264.0M | 650.0M | 110.0M | 133.0M | 203.0M | 61.2M | 132.0M | 129.0M |
| Operating Margin % | 4.0% | -5.8% | 7.6% | 10.3% | 6.5% | 3.5% | 7.9% | 19.8% | 5.6% | 7.7% | 11.1% | 3.2% | 11.7% | 10.1% |
| Non Operating Income | 2.1M | 3.2M | 1.6M | 1.8M | 639,500 | 686,700 | 2.9M | 50.0M | 7.9M | 5.2M | 5.8M | 6.2M | 2.0M | 20.4M |
| Non Operating Expenses | 18.3M | 19.6M | 15.8M | 11.1M | 14.7M | 47.4M | 25.8M | 4.1M | 366,700 | 765,900 | 1.0M | 1.4M | 520,800 | 285,100 |
| Investment Income | -8.1M | -8.4M | -29.7M | -35.2M | -17.1M | -19.1M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | 102.0M | 458.0M | -- | -- | -811,600 | 811,600 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -291,000 | -2.3M | 5.0M | 438,700 | 5,500 | -7,600 | 57,700 | 122,900 | 41,700 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 96.1M | 827.0M | 222.0M | 14.8M | 4.7M | 4.3M | -1.8M | -48.6M | 96.4M | -4.0M | 23.0M | 87.9M | 1.7M | 1.0M |
| Other Income | 32.8M | 21.7M | 13.3M | 19.2M | 12.9M | 8.6M | 43.0M | 4.5M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 537.0M | -907.0M | 1.5B | 963.0M | 368.0M | 104.0M | 241.0M | 696.0M | 117.0M | 137.0M | 208.0M | 65.9M | 133.0M | 149.0M |
| Income Tax | 88.1M | -113.0M | 284.0M | 200.0M | 82.6M | 15.0M | 36.2M | 130.0M | 14.2M | 25.6M | 36.0M | 18.1M | 19.9M | 28.4M |
| Net Income | 449.0M | -795.0M | 1.2B | 763.0M | 286.0M | 88.8M | 205.0M | 566.0M | 103.0M | 112.0M | 172.0M | 47.8M | 113.0M | 121.0M |
| Net Margin % | 3.3% | -5.2% | 6.1% | 8.1% | 4.9% | 2.0% | 6.1% | 17.3% | 5.2% | 6.5% | 9.4% | 2.5% | 10.0% | 9.5% |
| Net Income Attributable | 272.0M | -723.0M | 905.0M | 620.0M | 214.0M | 86.4M | 202.0M | 548.0M | 88.9M | 99.6M | 161.0M | 43.9M | 114.0M | 121.0M |
| Minority Interest | 177.0M | -71.8M | 270.0M | 143.0M | 71.7M | 2.4M | 3.5M | 18.7M | 13.9M | 12.2M | 11.4M | 3.9M | -512,600 | -93,500 |
| Eps Basic | 0.52 | -1.40 | 1.97 | 1.40 | 0.59 | 0.26 | 0.60 | 1.90 | 0.49 | 0.55 | 0.89 | 0.16 | 0.63 | 0.72 |
| Eps Diluted | 0.52 | -1.40 | 1.96 | 1.39 | 0.59 | 0.26 | 0.60 | 1.90 | 0.49 | 0.55 | 0.89 | -- | -- | -- |
| 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 | 2.2B | 2.6B | 3.0B | 1.8B | 1.3B | 1.1B | 816.0M | 407.0M | 194.0M | 504.0M | 179.0M | 269.0M | 194.0M | 250.0M |
| Trading Financial Assets | -- | 444.0M | -- | -- | -- | 461.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 2.3B | 2.0B | 2.3B | 1.6B | 1.0B | 997.0M | 385.0M | 446.0M | 488.0M | 434.0M | 490.0M | 296.0M | 307.0M | 365.0M |
| Notes Receivable | 168.0M | 97.6M | -- | -- | 97.0M | -- | 82.5M | 443.0M | 145.0M | 199.0M | 71.6M | 108.0M | 42.0M | -- |
| Notes And Accounts Receivable | 2.5B | 2.1B | 2.3B | 1.6B | 1.1B | 997.0M | 467.0M | 889.0M | 632.0M | 633.0M | 562.0M | 404.0M | 349.0M | 365.0M |
| Prepayments | 202.0M | 232.0M | 537.0M | 263.0M | 199.0M | 91.7M | 59.2M | 60.2M | 55.7M | 29.4M | 35.2M | 32.0M | 38.9M | 143.0M |
| Inventory | 2.7B | 2.5B | 4.7B | 3.2B | 1.3B | 1.1B | 910.0M | 696.0M | 375.0M | 271.0M | 349.0M | 405.0M | 368.0M | 184.0M |
| Total Current Assets | 9.0B | 9.2B | 11.6B | 7.3B | 4.2B | 3.9B | 2.4B | 2.1B | 1.3B | 1.5B | 1.1B | 1.2B | 958.0M | 947.0M |
| Long Term Equity Investment | -- | 950,500 | 950,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 5.5B | 4.4B | 4.2B | 3.2B | 3.3B | 1.3B | 1.4B | 1.6B | 1.1B | 1.2B | 1.3B | 1.3B | 534.0M |
| Fixed Assets Total | 6.7B | 5.5B | 4.4B | 4.2B | 3.2B | 3.3B | 1.3B | 1.4B | 1.6B | 1.1B | 1.2B | 1.3B | 1.3B | 534.0M |
| Construction In Progress | -- | 1.5B | 489.0M | 101.0M | 494.0M | 96.6M | 1.7B | 368.0M | 704,500 | 347.0M | 97.3M | 4.1M | 28.9M | 312.0M |
| Construction In Progress Total | 801.0M | 1.5B | 493.0M | 104.0M | 494.0M | 96.9M | 1.8B | 433.0M | 742,400 | 368.0M | 106.0M | 4.1M | 33.1M | 340.0M |
| Intangible Assets | 492.0M | 502.0M | 429.0M | 378.0M | 380.0M | 305.0M | 294.0M | 301.0M | 118.0M | 121.0M | 103.0M | 106.0M | 119.0M | 84.8M |
| Long Term Deferred Expenses | 7.4M | 3.6M | -- | -- | -- | 2.1M | 4.4M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 8.6B | 8.0B | 5.7B | 4.9B | 4.3B | 3.8B | 3.5B | 2.3B | 1.8B | 1.7B | 1.5B | 1.4B | 1.5B | 962.0M |
| Total Assets | 17.6B | 17.2B | 17.4B | 12.1B | 8.5B | 7.8B | 5.9B | 4.4B | 3.1B | 3.2B | 2.6B | 2.6B | 2.4B | 1.9B |
| Short Term Borrowings | 3.1B | 3.0B | 5.7B | 3.6B | 2.1B | 1.9B | 1.2B | 882.0M | 597.0M | 659.0M | 580.0M | 642.0M | 430.0M | 181.0M |
| Accounts Payable | 1.5B | 1.4B | 1.2B | 895.0M | 787.0M | 666.0M | 730.0M | 343.0M | 311.0M | 217.0M | 145.0M | 269.0M | 296.0M | 208.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 2.8M | 2.4M | 7.2M | 10.8M | -- | -- | 1.3M | -- | 974,600 |
| Contract Liabilities | 23.0M | 35.6M | 189.0M | 68.0M | 34.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 7.0B | 6.1B | 8.1B | 5.4B | 3.3B | 3.0B | 2.4B | 1.6B | 1.2B | 1.1B | 900.0M | 1.1B | 864.0M | 586.0M |
| Long Term Borrowings | 3.1B | 2.9B | 1.7B | 1.3B | 706.0M | 816.0M | 629.0M | 182.0M | 393.0M | 640.0M | 326.0M | 278.0M | 375.0M | 202.0M |
| Total Non Current Liabilities | 3.7B | 3.6B | 2.0B | 1.4B | 781.0M | 1.7B | 700.0M | 253.0M | 413.0M | 649.0M | 331.0M | 284.0M | 377.0M | 202.0M |
| Total Liabilities | 10.7B | 9.6B | 10.0B | 6.8B | 4.1B | 4.7B | 3.1B | 1.8B | 1.7B | 1.7B | 1.2B | 1.4B | 1.2B | 788.0M |
| Paid In Capital | 498.0M | 541.0M | 461.0M | 460.0M | 434.0M | 337.0M | 340.0M | 243.0M | 181.0M | 181.0M | 181.0M | 181.0M | 181.0M | 181.0M |
| Capital Reserve | 3.1B | 3.7B | 2.4B | 2.2B | 1.9B | 965.0M | 1.0B | 1.1B | 645.0M | 643.0M | 643.0M | 643.0M | 643.0M | 642.0M |
| Surplus Reserve | 251.0M | 192.0M | 170.0M | 106.0M | 93.2M | 91.6M | 76.0M | 55.0M | 44.4M | 33.7M | 30.6M | 25.3M | 19.8M | 10.0M |
| Retained Earnings | 1.4B | 1.2B | 2.4B | 1.8B | 1.3B | 1.1B | 1.1B | 1.0B | 543.0M | 494.0M | 441.0M | 297.0M | 304.0M | 234.0M |
| Minority Equity | 1.7B | 1.9B | 1.9B | 853.0M | 714.0M | 477.0M | 387.0M | 243.0M | 42.9M | 96.2M | 84.0M | 57.3M | 53.5M | 54.0M |
| Equity Attributable | 5.2B | 5.6B | 5.4B | 4.5B | 3.7B | 2.6B | 2.4B | 2.4B | 1.4B | 1.4B | 1.3B | 1.1B | 1.1B | 1.1B |
| Total Equity | 6.9B | 7.5B | 7.3B | 5.4B | 4.4B | 3.1B | 2.8B | 2.6B | 1.5B | 1.4B | 1.4B | 1.2B | 1.2B | 1.1B |
| 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 | 12.8B | 13.4B | 22.3B | 9.6B | 5.2B | 3.1B | 3.2B | 2.8B | 2.0B | 1.9B | 1.9B | 2.0B | 1.4B | 1.5B |
| Tax Refunds Received | 12.8M | 86.7M | 136.0M | 110.0M | 14.5M | 75.5M | 59.9M | 364,000 | 16,800 | -- | -- | 129,300 | 1.4M | 3,000 |
| Total Operating Cash Inflow | 13.0B | 13.6B | 22.5B | 9.8B | 5.2B | 3.2B | 3.3B | 2.9B | 2.0B | 1.9B | 1.9B | 2.0B | 1.4B | 1.5B |
| Cash Paid For Goods | 11.3B | 10.6B | 21.5B | 10.2B | 4.3B | 2.9B | 2.3B | 2.0B | 1.4B | 1.2B | 1.4B | 1.5B | 1.2B | 1.1B |
| Cash Paid To Employees | 588.0M | 606.0M | 482.0M | 318.0M | 251.0M | 216.0M | 165.0M | 158.0M | 112.0M | 101.0M | 101.0M | 92.4M | 60.6M | 50.5M |
| Taxes Paid | 435.0M | 575.0M | 701.0M | 331.0M | 216.0M | 160.0M | 229.0M | 305.0M | 141.0M | 177.0M | 122.0M | 104.0M | 97.3M | 88.2M |
| Total Operating Cash Outflow | 12.5B | 12.0B | 22.8B | 11.0B | 4.9B | 3.4B | 2.8B | 2.6B | 1.8B | 1.6B | 1.7B | 1.8B | 1.4B | 1.3B |
| Operating Cash Flow | 426.0M | 1.7B | -342.0M | -1.2B | 343.0M | -215.0M | 493.0M | 235.0M | 226.0M | 293.0M | 208.0M | 232.0M | 3.2M | 222.0M |
| Total Investing Cash Inflow | 47.2M | 49.2M | 78.7M | 15.2M | 1.6B | 10.0M | 8.0M | 10.2M | 12.4M | 4.4M | 16.4M | 3.1M | 3.9M | 13.9M |
| Total Investing Cash Outflow | 746.0M | 1.5B | 1.7B | 765.0M | 1.8B | 1.1B | 794.0M | 346.0M | 249.0M | 285.0M | 235.0M | 124.0M | 408.0M | 541.0M |
| Investing Cash Flow | -699.0M | -1.4B | -1.6B | -749.0M | -221.0M | -1.0B | -786.0M | -336.0M | -237.0M | -281.0M | -219.0M | -121.0M | -404.0M | -527.0M |
| Cash From Borrowings | 5.7B | 6.0B | 7.5B | 5.6B | 2.7B | 3.6B | 2.7B | 996.0M | 756.0M | 1.5B | 1.1B | 1.1B | 1.1B | 516.0M |
| Dividends And Interest Paid | 362.0M | 946.0M | 478.0M | 227.0M | 122.0M | 200.0M | 247.0M | 93.1M | 94.5M | 111.0M | 80.2M | 119.0M | 75.1M | 126.0M |
| Debt Repayments | 5.0B | 6.9B | 4.8B | 3.3B | 2.7B | 1.8B | 1.7B | 1.2B | 960.0M | 1.1B | 1.2B | 1.0B | 692.0M | 481.0M |
| Total Financing Cash Inflow | 6.3B | 8.8B | 9.4B | 6.5B | 3.4B | 3.8B | 2.9B | 1.7B | 756.0M | 1.5B | 1.2B | 1.1B | 1.1B | 980.0M |
| Total Financing Cash Outflow | 6.6B | 8.2B | 6.9B | 4.4B | 3.5B | 2.5B | 2.3B | 1.5B | 1.1B | 1.2B | 1.2B | 1.1B | 792.0M | 611.0M |
| Financing Cash Flow | -225.0M | 657.0M | 2.5B | 2.1B | -18.1M | 1.3B | 608.0M | 191.0M | -314.0M | 304.0M | -81.4M | -26.0M | 349.0M | 370.0M |
| Net Change In Cash | -473.0M | 867.0M | 505.0M | 166.0M | 95.2M | 42.9M | 315.0M | 85.2M | -322.0M | 327.0M | -92.2M | 74.8M | -53.7M | 62.0M |
| Ending Cash Balance | 1.8B | 2.3B | 1.4B | 886.0M | 720.0M | 625.0M | 582.0M | 267.0M | 182.0M | 504.0M | 177.0M | 269.0M | 194.0M | 248.0M |
| Capex | 694.0M | 1.3B | 966.0M | 687.0M | 669.0M | 568.0M | 788.0M | 325.0M | 185.0M | 285.0M | 235.0M | 124.0M | 408.0M | 541.0M |