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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.2B | 1.9B | 2.0B | 1.8B | 1.6B | 1.6B | 1.6B | 1.7B | 1.4B | 952.0M | 796.0M |
| Revenue Growth % | 18.8% | -6.5% | 12.3% | 9.5% | 1.7% | 1.6% | -4.5% | 20.7% | 45.4% | 19.6% | -- |
| Total Revenue | 2.2B | 1.9B | 2.0B | 1.8B | 1.6B | 1.6B | 1.6B | 1.7B | 1.4B | 952.0M | 796.0M |
| Cost Of Revenue | 1.8B | 1.6B | 1.7B | 1.5B | 1.4B | 1.3B | 1.3B | 1.3B | 1.0B | 712.0M | 628.0M |
| Gross Profit | 413.0M | 300.0M | 330.0M | 287.0M | 258.0M | 306.0M | 344.0M | 346.0M | 363.0M | 240.0M | 168.0M |
| Gross Margin % | 18.4% | 15.8% | 16.3% | 15.9% | 15.7% | 18.9% | 21.6% | 20.7% | 26.2% | 25.2% | 21.1% |
| Total Operating Cost | 2.2B | 1.9B | 2.0B | 1.8B | 1.6B | 1.6B | 1.5B | 1.6B | 1.3B | 873.0M | 752.0M |
| Selling Expenses | 22.8M | 21.1M | 34.0M | 27.5M | 26.6M | 66.8M | 68.9M | 72.6M | 63.0M | 41.0M | 29.6M |
| Admin Expenses | 182.0M | 137.0M | 117.0M | 96.5M | 88.3M | 79.8M | 76.2M | 72.5M | 151.0M | 90.8M | 75.0M |
| Rd Expenses | 84.3M | 77.5M | 86.6M | 87.6M | 67.1M | 62.5M | 62.0M | 62.5M | -- | -- | -- |
| Finance Expenses | 56.0M | 13.5M | 14.1M | 21.4M | 13.0M | 11.3M | 17.6M | 19.5M | 16.2M | 15.0M | 13.5M |
| Operating Income | 61.3M | 44.3M | 76.1M | 53.8M | 49.1M | 70.5M | 106.0M | 102.0M | 111.0M | 79.4M | 44.3M |
| Operating Margin % | 2.7% | 2.3% | 3.8% | 3.0% | 3.0% | 4.4% | 6.6% | 6.1% | 8.0% | 8.3% | 5.6% |
| Non Operating Income | 260,000 | 1.6M | 325,000 | 31,000 | 977,600 | 560,800 | 863,700 | 322,700 | 4.4M | 2.7M | 1.9M |
| Non Operating Expenses | 1.5M | 890,100 | 906,100 | 881,200 | 1.3M | 859,400 | 993,100 | 497,600 | 11.2M | 458,400 | 357,500 |
| Investment Income | -2.4M | -448,800 | 6.8M | -908,100 | 121,200 | 3.5M | -- | -- | 131.51 | -- | -- |
| Fair Value Change Income | 13.1M | -6,400 | 3.5M | 5.7M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 3.4M | 3.6M | 6.4M | 4.4M | -356,100 | 29,100 | 92,000 | -55,200 | -- | -- | -- |
| Asset Impairment Loss | 22.0M | 16.9M | 17.0M | 12.5M | 10.6M | 12.8M | 6.9M | 11.0M | 12.4M | 9.2M | 2.3M |
| Other Income | 22.4M | 17.4M | 16.4M | 16.1M | 7.8M | 8.4M | 3.9M | 3.5M | -- | -- | -- |
| Income Before Tax | 60.1M | 45.1M | 75.6M | 52.9M | 48.8M | 70.2M | 106.0M | 102.0M | 104.0M | 81.7M | 45.9M |
| Income Tax | 33.5M | 6.1M | 10.1M | -4.3M | 5.1M | 6.7M | 13.3M | 14.0M | 20.7M | 12.0M | 7.5M |
| Net Income | 26.6M | 39.0M | 65.4M | 57.2M | 43.7M | 63.5M | 92.4M | 88.0M | 83.7M | 69.6M | 38.3M |
| Net Margin % | 1.2% | 2.1% | 3.2% | 3.2% | 2.7% | 3.9% | 5.8% | 5.3% | 6.1% | 7.3% | 4.8% |
| Net Income Attributable | 24.6M | 40.2M | 65.9M | 57.7M | 46.4M | 63.5M | 92.4M | 88.0M | 83.7M | 69.0M | 38.2M |
| Minority Interest | 2.0M | -1.2M | -492,000 | -469,400 | -2.7M | -- | -- | -- | -- | 618,600 | 110,300 |
| Eps Basic | 0.10 | 0.16 | 0.26 | 0.41 | 0.46 | 0.63 | 0.92 | 1.17 | 1.15 | -- | -- |
| Eps Diluted | 0.10 | 0.16 | 0.26 | 0.41 | 0.46 | 0.63 | 0.92 | 1.17 | 1.15 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 369.0M | 664.0M | 400.0M | 705.0M | 113.0M | 204.0M | 537.0M | 164.0M | 142.0M | 93.3M | 52.2M |
| Trading Financial Assets | 4.5M | 50.0M | -- | -- | -- | 65.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 704.0M | 543.0M | 556.0M | 545.0M | 430.0M | 449.0M | 422.0M | 521.0M | 326.0M | 273.0M | 167.0M |
| Notes Receivable | 105.0M | 98.6M | 420.0M | 489.0M | 483.0M | 139.0M | 207.0M | 156.0M | 206.0M | 89.3M | 70.0M |
| Notes And Accounts Receivable | 809.0M | 642.0M | 976.0M | 1.0B | 914.0M | 588.0M | 628.0M | 677.0M | 532.0M | 363.0M | 237.0M |
| Prepayments | 217.0M | 55.4M | 56.2M | 40.8M | 65.4M | 56.3M | 42.8M | 31.7M | 36.7M | 28.7M | 15.3M |
| Inventory | 379.0M | 389.0M | 389.0M | 383.0M | 328.0M | 335.0M | 342.0M | 274.0M | 256.0M | 164.0M | 127.0M |
| Total Current Assets | 2.1B | 2.0B | 2.0B | 2.3B | 1.6B | 1.5B | 1.6B | 1.2B | 975.0M | 653.0M | 437.0M |
| Long Term Equity Investment | 14.4M | 18.2M | 14.1M | 12.4M | 13.4M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.1B | 663.0M | 568.0M | 416.0M | 288.0M | 279.0M | 249.0M | 200.0M | 196.0M | 173.0M |
| Fixed Assets Total | 1.4B | 1.1B | 663.0M | 568.0M | 416.0M | 288.0M | 279.0M | 249.0M | 200.0M | 196.0M | 173.0M |
| Construction In Progress | -- | 84.3M | 15.8M | 88.9M | 47.9M | 89.9M | 9.3M | 11.0M | 10.0M | 1.4M | 5.2M |
| Construction In Progress Total | 44.7M | 84.3M | 15.8M | 88.9M | 47.9M | 89.9M | 9.3M | 11.0M | 10.0M | 1.4M | 5.2M |
| Intangible Assets | 66.1M | 64.1M | 64.5M | 68.8M | 73.9M | 57.4M | 50.9M | 45.2M | 19.7M | 19.8M | 20.2M |
| Long Term Deferred Expenses | 34.8M | 23.7M | 2.1M | 6.8M | 6.8M | 3.7M | 318,200 | 657,200 | 996,100 | 973,100 | 163,700 |
| Total Non Current Assets | 3.9B | 1.6B | 888.0M | 858.0M | 579.0M | 451.0M | 346.0M | 324.0M | 254.0M | 221.0M | 201.0M |
| Total Assets | 5.9B | 3.6B | 2.9B | 3.1B | 2.2B | 2.0B | 1.9B | 1.5B | 1.2B | 875.0M | 638.0M |
| Short Term Borrowings | 1.0B | 711.0M | 397.0M | 728.0M | 376.0M | 321.0M | 350.0M | 315.0M | 356.0M | 223.0M | 125.0M |
| Accounts Payable | 443.0M | 378.0M | 390.0M | 362.0M | 380.0M | 463.0M | 397.0M | 436.0M | 341.0M | 223.0M | 184.0M |
| Advance Receipts | 87.8M | 87.8M | -- | -- | -- | 539,600 | 522,000 | 356,900 | 498,400 | 228,700 | -- |
| Contract Liabilities | 249,800 | 1.0M | 842,300 | 366,600 | 693,500 | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.3B | 1.4B | 1.2B | 1.5B | 1.2B | 1.0B | 974.0M | 1.0B | 882.0M | 632.0M | 579.0M |
| Long Term Borrowings | 90.0M | 40.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 1.9B | 524.0M | 17.7M | 28.4M | 28.8M | 6.8M | 5.0M | 1.4M | -- | -- | -- |
| Total Liabilities | 4.3B | 2.0B | 1.2B | 1.6B | 1.2B | 1.0B | 979.0M | 1.0B | 882.0M | 632.0M | 579.0M |
| Paid In Capital | 260.0M | 259.0M | 182.0M | 130.0M | 100.0M | 100.0M | 100.0M | 75.0M | 75.0M | 70.0M | 30.0M |
| Capital Reserve | 1.1B | 1.1B | 1.1B | 1.1B | 641.0M | 641.0M | 641.0M | 247.0M | 247.0M | 90.5M | 12.5M |
| Surplus Reserve | 55.3M | 52.3M | 44.2M | 36.9M | 30.9M | 27.6M | 22.7M | 13.9M | 5.6M | 11.1M | 4.2M |
| Retained Earnings | 312.0M | 313.0M | 325.0M | 289.0M | 237.0M | 214.0M | 184.0M | 99.9M | 20.2M | 71.6M | 9.7M |
| Minority Equity | 4.3M | 29.8M | 3.5M | -- | 5.4M | -- | -- | -- | -- | -- | 2.0M |
| Equity Attributable | 1.7B | 1.6B | 1.6B | 1.6B | 1.0B | 982.0M | 947.0M | 436.0M | 348.0M | 243.0M | 56.4M |
| Total Equity | 1.7B | 1.7B | 1.6B | 1.6B | 1.0B | 982.0M | 947.0M | 436.0M | 348.0M | 243.0M | 58.4M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 3.5B | 2.3B | 1.7B | 1.8B | 1.3B | 1.2B | 1.2B | 1.3B | 933.0M | 556.0M | 468.0M |
| Tax Refunds Received | 5.2M | 1.2M | 9.9M | -- | 1.8M | 458,400 | -- | 707,200 | -- | -- | -- |
| Total Operating Cash Inflow | 4.5B | 2.4B | 1.8B | 1.8B | 1.4B | 1.3B | 1.3B | 1.4B | 997.0M | 594.0M | 506.0M |
| Cash Paid For Goods | 3.4B | 1.2B | 1.1B | 1.4B | 1.1B | 848.0M | 855.0M | 811.0M | 514.0M | 214.0M | 228.0M |
| Cash Paid To Employees | 258.0M | 207.0M | 190.0M | 189.0M | 161.0M | 161.0M | 162.0M | 184.0M | 162.0M | 172.0M | 139.0M |
| Taxes Paid | 76.9M | 72.9M | 74.4M | 55.6M | 44.9M | 51.9M | 95.8M | 78.4M | 103.0M | 58.6M | 50.7M |
| Total Operating Cash Outflow | 4.4B | 1.6B | 1.6B | 1.8B | 1.4B | 1.3B | 1.3B | 1.2B | 967.0M | 586.0M | 504.0M |
| Operating Cash Flow | 74.8M | 732.0M | 155.0M | 76.1M | -43.6M | 61.7M | -68.9M | 172.0M | 30.6M | 8.3M | 2.4M |
| Total Investing Cash Inflow | 477.0M | 801.0M | 467.0M | 9.2M | 210.0M | 231.0M | 906,200 | 120,000 | 1.9M | 6.2M | 12.3M |
| Total Investing Cash Outflow | 849.0M | 1.6B | 587.0M | 353.0M | 246.0M | 529.0M | 46.7M | 76.9M | 43.6M | 80.7M | 39.6M |
| Investing Cash Flow | -372.0M | -824.0M | -120.0M | -344.0M | -35.8M | -298.0M | -45.8M | -76.8M | -41.7M | -74.5M | -27.3M |
| Cash From Borrowings | 1.3B | 755.0M | 583.0M | 897.0M | 375.0M | 320.0M | 405.0M | 365.0M | 432.0M | 272.0M | 160.0M |
| Dividends And Interest Paid | 51.5M | 62.0M | 35.7M | 19.9M | 34.5M | 43.7M | 16.7M | 12.9M | 94.1M | 21.6M | 46.8M |
| Debt Repayments | 901.0M | 387.0M | 913.0M | 545.0M | 321.0M | 350.0M | 370.0M | 406.0M | 303.0M | 175.0M | 160.0M |
| Total Financing Cash Inflow | 1.6B | 861.0M | 587.0M | 1.4B | 383.0M | 320.0M | 853.0M | 392.0M | 462.0M | 535.0M | 285.0M |
| Total Financing Cash Outflow | 1.7B | 471.0M | 953.0M | 570.0M | 361.0M | 410.0M | 420.0M | 419.0M | 423.0M | 454.0M | 304.0M |
| Financing Cash Flow | -22.8M | 390.0M | -367.0M | 844.0M | 21.8M | -89.8M | 433.0M | -26.7M | 39.5M | 80.9M | -19.0M |
| Net Change In Cash | -314.0M | 297.0M | -323.0M | 575.0M | -59.1M | -326.0M | 322.0M | 67.5M | 29.0M | 14.5M | -44.0M |
| Ending Cash Balance | 307.0M | 621.0M | 324.0M | 647.0M | 72.7M | 132.0M | 458.0M | 136.0M | 68.9M | 39.8M | 25.3M |
| Capex | 449.0M | 785.0M | 133.0M | 279.0M | 192.0M | 134.0M | 46.7M | 76.9M | 42.4M | 65.1M | 28.1M |