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 | 802.0M | 670.0M | 945.0M | 638.0M | 583.0M | 837.0M | 1.0B | 947.0M | 826.0M | 820.0M | 756.0M | 705.0M | 458.0M |
| Revenue Growth % | 19.7% | -29.1% | 48.1% | 9.4% | -30.3% | -20.1% | 10.7% | 14.6% | 0.7% | 8.5% | 7.2% | 53.9% | -- |
| Total Revenue | 802.0M | 670.0M | 945.0M | 638.0M | 583.0M | 837.0M | 1.0B | 947.0M | 826.0M | 820.0M | 756.0M | 705.0M | 458.0M |
| Cost Of Revenue | 715.0M | 901.0M | 838.0M | 589.0M | 521.0M | 561.0M | 726.0M | 653.0M | 576.0M | 572.0M | 537.0M | 536.0M | 346.0M |
| Gross Profit | 87.0M | -231.0M | 107.0M | 49.0M | 62.0M | 276.0M | 322.0M | 294.0M | 250.0M | 248.0M | 219.0M | 169.0M | 112.0M |
| Gross Margin % | 10.8% | -34.5% | 11.3% | 7.7% | 10.6% | 33.0% | 30.7% | 31.0% | 30.3% | 30.2% | 29.0% | 24.0% | 24.5% |
| Total Operating Cost | 891.0M | 1.2B | 1.3B | 907.0M | 747.0M | 783.0M | 942.0M | 812.0M | 693.0M | 703.0M | 647.0M | 623.0M | 406.0M |
| Selling Expenses | 4.5M | 3.0M | 4.6M | 14.4M | 23.6M | 31.6M | 38.7M | 18.2M | 14.9M | 13.0M | 13.2M | 10.2M | 6.4M |
| Admin Expenses | 105.0M | 92.4M | 83.9M | 82.7M | 72.2M | 88.7M | 89.9M | 69.8M | 57.2M | 59.1M | 55.8M | 45.5M | 34.0M |
| Rd Expenses | 11.6M | 13.9M | 26.4M | 10.4M | 13.1M | 26.3M | 27.9M | 15.3M | -- | -- | -- | -- | -- |
| Finance Expenses | 10.0M | 19.5M | 14.6M | 33.9M | 48.1M | 36.9M | 36.5M | 25.6M | 31.4M | 26.1M | 12.1M | 6.3M | 3.8M |
| Operating Income | -89.7M | -569.0M | -323.0M | -241.0M | -167.0M | 69.2M | 106.0M | 144.0M | 132.0M | 117.0M | 109.0M | 81.3M | 51.9M |
| Operating Margin % | -11.2% | -84.9% | -34.2% | -37.8% | -28.6% | 8.3% | 10.1% | 15.2% | 16.0% | 14.3% | 14.4% | 11.5% | 11.3% |
| Non Operating Income | 8.0M | 6.7M | 9.7M | 10.3M | 8.6M | 4.0M | 1.6M | 790,700 | 1.2M | 1.4M | 1.6M | 684,000 | 651,000 |
| Non Operating Expenses | 5.4M | 15.8M | 3.4M | 5.4M | 2.1M | 4.7M | 111,600 | 1.4M | 1.1M | 553,700 | 684,900 | 1.1M | 282,200 |
| Investment Income | 214,500 | -39.3M | 1.9M | 17.5M | -371,000 | 14.4M | 42,300 | 2.0M | -115,000 | -51,400 | 70,100 | -405,200 | -- |
| Fair Value Change Income | -428,200 | 3.2M | -39,600 | -- | -4.5M | -- | -10,800 | 10,800 | -- | -- | -- | -- | -- |
| Asset Disposal Income | -665,600 | 991,700 | 47.4M | 8.8M | 126,200 | -117,200 | 85,500 | -45,700 | -162,400 | -- | -- | -- | -- |
| Asset Impairment Loss | 15.8M | 165.0M | 95.7M | 1.4M | 31.9M | -- | 20.7M | 26.5M | 10.4M | 11.2M | 8.5M | 5.8M | 2.0M |
| Other Income | 960,800 | 3.5M | 1.2M | 1.6M | 1.9M | 1.0M | 843,100 | 7.6M | -- | -- | -- | -- | -- |
| Income Before Tax | -87.2M | -579.0M | -317.0M | -236.0M | -161.0M | 68.6M | 108.0M | 144.0M | 133.0M | 118.0M | 110.0M | 80.8M | 52.3M |
| Income Tax | -315,300 | -12.7M | -48.3M | -15.1M | -2.2M | 7.2M | 16.1M | 22.6M | 22.8M | 19.9M | 17.6M | 16.8M | 10.4M |
| Net Income | -86.8M | -566.0M | -268.0M | -221.0M | -159.0M | 61.4M | 91.6M | 121.0M | 110.0M | 98.2M | 92.4M | 64.1M | 41.9M |
| Net Margin % | -10.8% | -84.5% | -28.4% | -34.6% | -27.3% | 7.3% | 8.7% | 12.8% | 13.3% | 12.0% | 12.2% | 9.1% | 9.1% |
| Net Income Attributable | -107.0M | -462.0M | -312.0M | -215.0M | -157.0M | 61.4M | 91.7M | 121.0M | 110.0M | 98.2M | 92.4M | 63.9M | 42.1M |
| Minority Interest | 20.5M | -104.0M | 43.7M | -5.8M | -1.2M | -14,600 | -38,400 | -55,700 | -61,400 | -58,900 | -2,800 | 113,000 | -155,000 |
| Eps Basic | -0.37 | -1.59 | -1.08 | -0.81 | -0.65 | 0.25 | 0.38 | 0.54 | 0.85 | 0.76 | 0.74 | 0.53 | 1.84 |
| Eps Diluted | -0.37 | -1.59 | -1.08 | -0.81 | -0.65 | 0.25 | 0.38 | 0.54 | 0.85 | 0.76 | 0.74 | 0.53 | 1.84 |
| 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 | 178.0M | 152.0M | 288.0M | 306.0M | 181.0M | 321.0M | 265.0M | 232.0M | 147.0M | 146.0M | 152.0M | 102.0M | 30.0M |
| Trading Financial Assets | -- | 10.3M | -- | -- | -- | -- | -- | 40.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 391.0M | 380.0M | 474.0M | 569.0M | 753.0M | 747.0M | 649.0M | 445.0M | 309.0M | 285.0M | 202.0M | 141.0M | 95.4M |
| Notes Receivable | 5.7M | 12.4M | 411,900 | 1.6M | 812,500 | 15.1M | 1.1M | 6.3M | 2.5M | 11.0M | -- | 1.3M | 160,000 |
| Notes And Accounts Receivable | 397.0M | 392.0M | 474.0M | 570.0M | 754.0M | 763.0M | 651.0M | 452.0M | 312.0M | 296.0M | 202.0M | 143.0M | 95.5M |
| Prepayments | 17.9M | 78.6M | 26.2M | 96.3M | 23.6M | 1.4M | 1.6M | 2.1M | 2.2M | 1.2M | 4.1M | 2.9M | 3.4M |
| Inventory | 224.0M | 160.0M | 240.0M | 106.0M | 74.5M | 993.0M | 995.0M | 1.2B | 796.0M | 839.0M | 524.0M | 396.0M | 223.0M |
| Total Current Assets | 1.5B | 1.6B | 1.9B | 2.2B | 2.1B | 2.4B | 2.3B | 2.0B | 1.3B | 1.3B | 906.0M | 661.0M | 365.0M |
| Long Term Equity Investment | 86.0M | 83.2M | 204.0M | 83.1M | 81.0M | 77.7M | 75.2M | -- | 2.5M | 2.7M | 2.7M | 2.6M | 3.0M |
| Fixed Assets | -- | 266.0M | 68.2M | 168.0M | 164.0M | 191.0M | 205.0M | 30.7M | 15.5M | 16.1M | 14.7M | 15.7M | 14.9M |
| Fixed Assets Total | 337.0M | 266.0M | 68.2M | 168.0M | 164.0M | 191.0M | 205.0M | 30.7M | 15.5M | 16.1M | 14.7M | 15.7M | 14.9M |
| Construction In Progress | -- | 19.1M | 7.4M | 3.9M | 1.3M | 430,800 | 5.6M | 170.0M | 2.1M | 1.2M | 38,500 | -- | 1.1M |
| Construction In Progress Total | 21.4M | 19.1M | 7.4M | 3.9M | 1.3M | 430,800 | 5.6M | 170.0M | 2.1M | 1.2M | 38,500 | -- | 1.1M |
| Intangible Assets | 26.2M | 7.1M | 7.8M | 105.0M | 104.0M | 6.2M | 5.7M | 6.3M | 6.2M | 6.7M | 1.9M | 1.9M | 367,200 |
| Long Term Deferred Expenses | 4.9M | 5.3M | 4.7M | 3.6M | 18.2M | 22.7M | 19.5M | 5.3M | 5.7M | 5.4M | 4.9M | 2.6M | 2.2M |
| Total Non Current Assets | 1.8B | 1.6B | 1.5B | 1.1B | 1.3B | 1.1B | 843.0M | 378.0M | 144.0M | 95.0M | 28.4M | 25.3M | 23.7M |
| Total Assets | 3.2B | 3.3B | 3.4B | 3.3B | 3.3B | 3.5B | 3.1B | 2.4B | 1.5B | 1.4B | 935.0M | 686.0M | 389.0M |
| Short Term Borrowings | 88.9M | 135.0M | 142.0M | 166.0M | 314.0M | 278.0M | 406.0M | 189.0M | 102.0M | 148.0M | 69.5M | 69.5M | 29.0M |
| Accounts Payable | 638.0M | 681.0M | 628.0M | 630.0M | 682.0M | 652.0M | 648.0M | 557.0M | 482.0M | 465.0M | 334.0M | 303.0M | 147.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 147.0M | 173.0M | -- | 564,000 | -- | 696,300 | 928,400 | 5.0M |
| Contract Liabilities | 145.0M | 82.5M | 71.6M | 80.1M | 105.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.3B | 1.2B | 1.1B | 1.4B | 1.5B | 1.5B | 1.6B | 1.0B | 716.0M | 750.0M | 452.0M | 421.0M | 214.0M |
| Long Term Borrowings | 753.0M | 751.0M | 649.0M | 212.0M | 212.0M | 200.0M | 54.6M | 74.6M | 25.0M | 30.0M | 50.0M | -- | -- |
| Total Non Current Liabilities | 1.2B | 1.2B | 896.0M | 293.0M | 477.0M | 511.0M | 69.3M | 74.6M | 164.0M | 164.0M | 90.0M | -- | -- |
| Total Liabilities | 2.5B | 2.4B | 2.0B | 1.7B | 2.0B | 2.0B | 1.7B | 1.1B | 880.0M | 915.0M | 542.0M | 421.0M | 214.0M |
| Paid In Capital | 290.0M | 290.0M | 290.0M | 290.0M | 242.0M | 242.0M | 242.0M | 173.0M | 130.0M | 130.0M | 130.0M | 125.0M | 24.0M |
| Capital Reserve | 912.0M | 932.0M | 932.0M | 930.0M | 586.0M | 585.0M | 585.0M | 654.0M | 127.0M | 127.0M | 127.0M | 96.9M | 84.2M |
| Surplus Reserve | 45.2M | 45.2M | 45.2M | 45.2M | 45.2M | 46.2M | 44.5M | 38.3M | 30.8M | 20.1M | 10.3M | 3.0M | 6.3M |
| Retained Earnings | -729.0M | -621.0M | -160.0M | 152.0M | 367.0M | 537.0M | 478.0M | 427.0M | 313.0M | 214.0M | 125.0M | 40.1M | 59.0M |
| Minority Equity | 190.0M | 189.0M | 294.0M | 194.0M | 121.0M | 40.3M | 27.7M | 904,500 | 960,300 | 1.0M | 80,500 | 83,300 | 770,400 |
| Equity Attributable | 519.0M | 646.0M | 1.1B | 1.4B | 1.2B | 1.4B | 1.3B | 1.3B | 601.0M | 491.0M | 392.0M | 265.0M | 174.0M |
| Total Equity | 709.0M | 834.0M | 1.4B | 1.6B | 1.4B | 1.5B | 1.4B | 1.3B | 602.0M | 492.0M | 393.0M | 265.0M | 174.0M |
| 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 | 1.0B | 840.0M | 1.1B | 742.0M | 598.0M | 547.0M | 834.0M | 503.0M | 733.0M | 401.0M | 518.0M | 412.0M | 302.0M |
| Tax Refunds Received | 3.2M | -- | 35.8M | -- | -- | -- | -- | -- | -- | 1.4M | 59,000 | 79,500 | -- |
| Total Operating Cash Inflow | 1.1B | 913.0M | 1.4B | 847.0M | 808.0M | 730.0M | 1.2B | 640.0M | 859.0M | 462.0M | 540.0M | 474.0M | 321.0M |
| Cash Paid For Goods | 735.0M | 882.0M | 975.0M | 705.0M | 565.0M | 598.0M | 487.0M | 586.0M | 491.0M | 424.0M | 422.0M | 272.0M | 277.0M |
| Cash Paid To Employees | 87.3M | 109.0M | 95.0M | 94.7M | 84.3M | 110.0M | 119.0M | 78.8M | 64.6M | 68.1M | 76.5M | 63.7M | 44.2M |
| Taxes Paid | 17.3M | 10.4M | 64.6M | 34.0M | 16.9M | 34.3M | 39.7M | 61.9M | 46.4M | 40.1M | 49.6M | 25.8M | 18.1M |
| Total Operating Cash Outflow | 977.0M | 1.1B | 1.3B | 1.1B | 895.0M | 1.0B | 1.2B | 869.0M | 730.0M | 675.0M | 591.0M | 457.0M | 370.0M |
| Operating Cash Flow | 135.0M | -176.0M | 106.0M | -223.0M | -86.5M | -303.0M | 2.8M | -228.0M | 129.0M | -213.0M | -51.1M | 17.8M | -48.7M |
| Total Investing Cash Inflow | 22.7M | 27.3M | 247.0M | 87.6M | 18.3M | 45.6M | 42.7M | 23,300 | 646,400 | 91,100 | 304,900 | 49,600 | 4,500 |
| Total Investing Cash Outflow | 87.6M | 129.0M | 340.0M | 8.1M | 82.4M | 53.9M | 118.0M | 344.0M | 7.4M | 6.1M | 8.8M | 6.0M | 8.5M |
| Investing Cash Flow | -64.9M | -102.0M | -93.6M | 79.5M | -64.1M | -8.3M | -75.5M | -344.0M | -6.8M | -6.0M | -8.4M | -5.9M | -8.5M |
| Cash From Borrowings | 234.0M | 328.0M | 603.0M | 358.0M | 475.0M | 805.0M | 474.0M | 269.0M | 200.0M | 267.0M | 217.0M | 111.0M | 53.0M |
| Dividends And Interest Paid | 43.3M | 49.3M | 60.3M | 50.1M | 60.2M | 41.0M | 68.0M | 24.7M | 34.0M | 20.2M | 9.9M | 4.2M | 3.0M |
| Debt Repayments | 228.0M | 224.0M | 479.0M | 472.0M | 350.0M | 550.0M | 435.0M | 158.0M | 281.0M | 125.0M | 167.0M | 70.5M | 24.0M |
| Total Financing Cash Inflow | 487.0M | 635.0M | 1.2B | 1.4B | 851.0M | 1.0B | 639.0M | 839.0M | 200.0M | 402.0M | 292.0M | 135.0M | 93.8M |
| Total Financing Cash Outflow | 552.0M | 504.0M | 1.1B | 1.2B | 805.0M | 710.0M | 600.0M | 187.0M | 321.0M | 189.0M | 179.0M | 76.5M | 27.8M |
| Financing Cash Flow | -65.3M | 132.0M | 53.3M | 206.0M | 45.8M | 338.0M | 39.5M | 651.0M | -121.0M | 213.0M | 113.0M | 58.4M | 66.0M |
| Net Change In Cash | 5.2M | -147.0M | 65.2M | 62.1M | -105.0M | 26.7M | -33.2M | 78.9M | 1.5M | -6.1M | 53.6M | 70.2M | 8.8M |
| Ending Cash Balance | 100.0M | 95.0M | 242.0M | 176.0M | 114.0M | 219.0M | 192.0M | 226.0M | 147.0M | 145.0M | 151.0M | 97.7M | 27.5M |
| Capex | 54.0M | 84.5M | 83.3M | 6.9M | 77.9M | 9.3M | 36.6M | 196.0M | 6.4M | 6.1M | 8.8M | 5.2M | 5.5M |