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 | 1.2B | 1.1B | 1.0B | 890.0M | 733.0M | 641.0M | 482.0M | 349.0M | 330.0M | 281.0M | 250.0M | 180.0M | 153.0M |
| Revenue Growth % | 15.4% | 0.9% | 17.4% | 21.4% | 14.4% | 33.0% | 38.1% | 5.8% | 17.4% | 12.4% | 38.9% | 17.6% | -- |
| Total Revenue | 1.2B | 1.1B | 1.0B | 890.0M | 733.0M | 641.0M | 482.0M | 349.0M | 330.0M | 281.0M | 250.0M | 180.0M | 153.0M |
| Cost Of Revenue | 727.0M | 671.0M | 629.0M | 511.0M | 427.0M | 369.0M | 272.0M | 194.0M | 173.0M | 135.0M | 116.0M | 80.0M | 64.6M |
| Gross Profit | 489.0M | 383.0M | 416.0M | 379.0M | 306.0M | 272.0M | 210.0M | 155.0M | 157.0M | 146.0M | 134.0M | 100.0M | 88.4M |
| Gross Margin % | 40.2% | 36.3% | 39.8% | 42.6% | 41.7% | 42.4% | 43.6% | 44.4% | 47.6% | 52.0% | 53.6% | 55.5% | 57.8% |
| Total Operating Cost | 1.1B | 909.0M | 894.0M | 739.0M | 606.0M | 518.0M | 391.0M | 267.0M | 253.0M | 187.0M | 154.0M | 97.6M | 90.1M |
| Selling Expenses | 723,600 | 1.7M | 1.9M | 2.2M | 1.6M | 261,300 | -- | -- | -- | -- | -- | -- | -- |
| Admin Expenses | 99.4M | 92.1M | 92.6M | 90.3M | 71.0M | 63.3M | 56.4M | 45.2M | 39.3M | 33.5M | 32.3M | 21.2M | 14.0M |
| Rd Expenses | 42.0M | 34.7M | 28.6M | 21.2M | 17.3M | 12.7M | 7.9M | 2.7M | -- | -- | -- | -- | -- |
| Finance Expenses | 95.1M | 76.3M | 75.0M | 69.5M | 62.6M | 53.9M | 36.0M | 15.6M | 33.9M | 14.9M | 3.1M | -338,900 | 6.4M |
| Operating Income | 184.0M | 158.0M | 176.0M | 167.0M | 159.0M | 150.0M | 153.0M | 112.0M | 76.9M | 93.9M | 95.5M | 82.7M | 62.7M |
| Operating Margin % | 15.1% | 15.0% | 16.8% | 18.8% | 21.7% | 23.4% | 31.7% | 32.1% | 23.3% | 33.4% | 38.2% | 45.9% | 41.0% |
| Non Operating Income | 2.2M | 365,700 | 2.9M | 394,100 | 598,200 | 831,300 | 515,900 | 382,400 | 33.2M | 8.5M | 6.3M | 7.9M | 476,500 |
| Non Operating Expenses | 188,600 | 1.8M | 4.0M | 109,500 | 5.4M | 2.1M | 8.4M | 117,100 | 106,100 | 79,100 | 80,500 | 9,500 | 17,900 |
| Investment Income | 4.6M | 1.2M | -4.3M | -6.8M | -22,200 | -299,300 | -728,300 | -146,100 | 0.00 | -- | -- | -- | -- |
| Fair Value Change Income | 2.7M | 138,700 | 782,700 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | 18,900 | -989,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 93.6M | 4.0M | 5.9M | 8.6M | 5.8M | -- | 7.8M | 36,500 | -1.5M | 2.1M | 2.8M | -3.3M | 5.0M |
| Other Income | 14.2M | 11.9M | 30.0M | 23.0M | 31.5M | 27.7M | 62.5M | 31.3M | -- | -- | -- | -- | -- |
| Income Before Tax | 186.0M | 156.0M | 175.0M | 167.0M | 154.0M | 149.0M | 145.0M | 113.0M | 110.0M | 102.0M | 102.0M | 90.5M | 63.1M |
| Income Tax | 36.7M | 23.7M | 34.4M | 30.4M | 30.4M | 21.6M | 26.8M | 13.3M | 13.4M | 16.9M | 8.6M | 10.7M | 4.8M |
| Net Income | 150.0M | 133.0M | 141.0M | 137.0M | 124.0M | 127.0M | 118.0M | 99.4M | 96.5M | 85.4M | 93.1M | 79.8M | 58.3M |
| Net Margin % | 12.3% | 12.6% | 13.5% | 15.4% | 16.9% | 19.8% | 24.5% | 28.5% | 29.2% | 30.4% | 37.2% | 44.4% | 38.1% |
| Net Income Attributable | 192.0M | 144.0M | 148.0M | 146.0M | 130.0M | 130.0M | 117.0M | 99.4M | 96.5M | 85.4M | 93.1M | 79.8M | 58.3M |
| Minority Interest | -42.2M | -11.6M | -7.4M | -9.9M | -6.5M | -3.0M | 1.7M | -21,500 | -- | -- | -- | -- | -- |
| Eps Basic | 0.36 | 0.27 | 0.30 | 0.33 | 0.29 | 0.29 | 0.26 | 0.23 | 0.29 | 0.25 | 0.28 | -- | -- |
| Eps Diluted | 0.34 | 0.27 | 0.30 | 0.32 | 0.29 | 0.29 | 0.26 | 0.23 | 0.29 | 0.25 | 0.28 | -- | -- |
| 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 | 363.0M | 466.0M | 483.0M | 310.0M | 352.0M | 298.0M | 148.0M | 112.0M | 89.9M | 83.1M | 47.7M | 158.0M | 122.0M |
| Trading Financial Assets | 178.0M | 190.0M | 141.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 782.0M | 1.1B | 1.0B | 536.0M | 392.0M | 458.0M | 239.0M | 91.8M | 97.6M | 116.0M | 81.4M | 30.4M | 95.6M |
| Notes Receivable | -- | 905,000 | 1.4M | 550,000 | 1.4M | 740,000 | 850,000 | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 782.0M | 1.1B | 1.0B | 536.0M | 393.0M | 459.0M | 240.0M | 91.8M | 97.6M | 116.0M | 81.4M | 30.4M | 95.6M |
| Prepayments | 9.1M | 2.6M | 9.9M | 21.0M | 3.6M | 2.9M | 1.4M | 440,700 | 908,300 | 319,500 | 49,400 | 89,100 | 98,200 |
| Inventory | 18.5M | 16.3M | 42.9M | 26.4M | 34.9M | 16.3M | 5.9M | 5.0M | 5.1M | 5.5M | 2.7M | 2.5M | 1.4M |
| Total Current Assets | 2.3B | 2.3B | 2.1B | 1.4B | 1.1B | 876.0M | 519.0M | 224.0M | 194.0M | 206.0M | 134.0M | 193.0M | 219.0M |
| Long Term Equity Investment | 141.0M | 138.0M | 135.0M | 140.0M | 121.0M | 81.7M | 22.8M | 23.5M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.3B | 1.3B | 1.4B | 1.5B | 1.5B | 1.4B | 937.0M | 909.0M | 933.0M | 475.0M | 263.0M | 280.0M |
| Fixed Assets Total | 1.1B | 1.3B | 1.3B | 1.4B | 1.5B | 1.5B | 1.4B | 937.0M | 909.0M | 933.0M | 475.0M | 263.0M | 280.0M |
| Construction In Progress | -- | 52.8M | 51.1M | 174.0M | 369.0M | 269.0M | 351.0M | 353.0M | 236.0M | 157.0M | 233.0M | 129.0M | 31.3M |
| Construction In Progress Total | 1.7M | 52.8M | 51.1M | 174.0M | 370.0M | 269.0M | 351.0M | 353.0M | 236.0M | 157.0M | 233.0M | 129.0M | 31.3M |
| Intangible Assets | 2.1B | 1.9B | 1.9B | 1.5B | 1.1B | 992.0M | 820.0M | 391.0M | 404.0M | 362.0M | 327.0M | 261.0M | 131.0M |
| Long Term Deferred Expenses | 20.2M | 20.2M | 21.9M | 24.2M | 24.3M | 26.8M | 6.1M | 3.1M | 612,000 | -- | -- | -- | -- |
| Total Non Current Assets | 4.5B | 3.9B | 3.7B | 3.6B | 3.4B | 3.1B | 2.7B | 1.8B | 1.6B | 1.5B | 1.1B | 671.0M | 446.0M |
| Total Assets | 6.8B | 6.2B | 5.8B | 4.9B | 4.5B | 4.0B | 3.2B | 2.0B | 1.8B | 1.7B | 1.2B | 864.0M | 665.0M |
| Short Term Borrowings | 229.0M | 565.0M | 426.0M | 360.0M | 264.0M | 239.0M | 218.0M | 40.0M | 100.0M | 133.0M | 39.6M | -- | -- |
| Accounts Payable | 868.0M | 767.0M | 661.0M | 601.0M | 490.0M | 419.0M | 415.0M | 152.0M | 312.0M | 379.0M | 229.0M | 52.1M | 6.6M |
| Advance Receipts | -- | 144,600 | 42,000 | -- | -- | 1.9M | -- | -- | -- | -- | -- | -- | -- |
| Contract Liabilities | 6.4M | 1.6M | 21.1M | 21.7M | 12.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.1B | 1.7B | 1.6B | 1.4B | 1.1B | 898.0M | 804.0M | 243.0M | 541.0M | 636.0M | 299.0M | 346.0M | 126.0M |
| Long Term Borrowings | 1.1B | 820.0M | 675.0M | 667.0M | 657.0M | 697.0M | 619.0M | 249.0M | 249.0M | 179.0M | 130.0M | 33.8M | -- |
| Total Non Current Liabilities | 1.7B | 1.7B | 1.5B | 1.4B | 1.3B | 1.2B | 757.0M | 311.0M | 283.0M | 214.0M | 139.0M | 40.7M | 5.3M |
| Total Liabilities | 3.8B | 3.4B | 3.0B | 2.8B | 2.5B | 2.1B | 1.6B | 554.0M | 825.0M | 850.0M | 438.0M | 387.0M | 131.0M |
| Paid In Capital | 534.0M | 534.0M | 534.0M | 450.0M | 450.0M | 450.0M | 450.0M | 450.0M | 338.0M | 338.0M | 338.0M | 270.0M | 270.0M |
| Capital Reserve | 1.1B | 1.1B | 1.0B | 627.0M | 626.0M | 626.0M | 626.0M | 626.0M | 318.0M | 318.0M | 318.0M | 105.0M | 105.0M |
| Surplus Reserve | 136.0M | 120.0M | 102.0M | 78.7M | 65.4M | 54.7M | 44.5M | 27.5M | 19.4M | 12.4M | 6.9M | 23.5M | 15.8M |
| Retained Earnings | 1.0B | 896.0M | 800.0M | 706.0M | 599.0M | 505.0M | 401.0M | 312.0M | 252.0M | 163.0M | 83.0M | 78.2M | 143.0M |
| Minority Equity | 98.1M | 130.0M | 233.0M | 236.0M | 241.0M | 145.0M | 138.0M | 39.2M | -- | -- | -- | -- | -- |
| Equity Attributable | 2.8B | 2.7B | 2.6B | 1.9B | 1.8B | 1.7B | 1.5B | 1.4B | 927.0M | 831.0M | 746.0M | 477.0M | 534.0M |
| Total Equity | 2.9B | 2.8B | 2.8B | 2.2B | 2.1B | 1.9B | 1.7B | 1.5B | 927.0M | 831.0M | 746.0M | 477.0M | 534.0M |
| 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 | 1.2B | 908.0M | 546.0M | 648.0M | 648.0M | 506.0M | 417.0M | 413.0M | 408.0M | 269.0M | 196.0M | 250.0M | 148.0M |
| Tax Refunds Received | -- | 501,000 | 36.0M | 21.1M | 23.8M | 20.8M | 19.7M | 27.1M | 30.6M | 50,400 | -- | -- | -- |
| Total Operating Cash Inflow | 1.3B | 982.0M | 635.0M | 765.0M | 799.0M | 624.0M | 513.0M | 485.0M | 447.0M | 285.0M | 211.0M | 259.0M | 185.0M |
| Cash Paid For Goods | 368.0M | 344.0M | 339.0M | 283.0M | 275.0M | 216.0M | 143.0M | 94.0M | 84.0M | 82.2M | 59.2M | 48.6M | 34.7M |
| Cash Paid To Employees | 155.0M | 145.0M | 139.0M | 124.0M | 105.0M | 90.0M | 67.0M | 51.8M | 40.2M | 38.1M | 29.0M | 18.9M | 13.9M |
| Taxes Paid | 51.6M | 63.8M | 62.5M | 63.3M | 61.4M | 59.0M | 65.6M | 59.5M | 70.1M | 26.4M | 13.4M | 14.8M | 2.9M |
| Total Operating Cash Outflow | 1.2B | 835.0M | 584.0M | 524.0M | 483.0M | 400.0M | 371.0M | 225.0M | 209.0M | 160.0M | 132.0M | 133.0M | 59.1M |
| Operating Cash Flow | 96.0M | 147.0M | 50.6M | 242.0M | 316.0M | 223.0M | 141.0M | 260.0M | 238.0M | 125.0M | 78.9M | 126.0M | 126.0M |
| Total Investing Cash Inflow | 322.0M | 524.0M | 93.4M | 16.0M | 57.7M | 3.7M | 42.7M | 6,400 | 2.6M | 2,821 | 5,600 | -- | 24,300 |
| Total Investing Cash Outflow | 604.0M | 1.0B | 563.0M | 326.0M | 333.0M | 662.0M | 703.0M | 492.0M | 325.0M | 259.0M | 246.0M | 137.0M | 93.5M |
| Investing Cash Flow | -282.0M | -523.0M | -470.0M | -310.0M | -275.0M | -658.0M | -660.0M | -492.0M | -322.0M | -259.0M | -246.0M | -137.0M | -93.5M |
| Cash From Borrowings | 1.4B | 1.0B | 947.0M | 823.0M | 743.0M | 972.0M | 748.0M | 243.0M | 309.0M | 217.0M | 140.0M | -- | 132.0M |
| Dividends And Interest Paid | 126.0M | 91.4M | 92.5M | 83.5M | 64.9M | 68.4M | 47.9M | 48.9M | 28.3M | 14.7M | 140.0M | 200,900 | -- |
| Debt Repayments | 1.2B | 1.0B | 780.0M | 723.0M | 617.0M | 391.0M | 184.0M | 396.0M | 190.0M | 54.4M | 3.2M | -- | 130.0M |
| Total Financing Cash Inflow | 1.9B | 1.3B | 1.5B | 844.0M | 836.0M | 1.0B | 788.0M | 736.0M | 309.0M | 238.0M | 210.0M | 105.0M | 192.0M |
| Total Financing Cash Outflow | 1.7B | 1.1B | 873.0M | 807.0M | 803.0M | 467.0M | 234.0M | 482.0M | 219.0M | 69.1M | 154.0M | 60.2M | 139.0M |
| Financing Cash Flow | 187.0M | 242.0M | 593.0M | 37.0M | 33.3M | 552.0M | 553.0M | 254.0M | 90.7M | 169.0M | 56.0M | 45.1M | 53.2M |
| Net Change In Cash | 835,000 | -134.0M | 173.0M | -31.1M | 74.2M | 117.0M | 35.6M | 22.3M | 6.9M | 35.1M | -111.0M | 34.9M | 85.4M |
| Ending Cash Balance | 345.0M | 345.0M | 479.0M | 306.0M | 337.0M | 263.0M | 146.0M | 110.0M | 87.6M | 80.8M | 45.7M | 157.0M | 122.0M |
| Capex | 299.0M | 385.0M | 343.0M | 300.0M | 254.0M | 546.0M | 598.0M | 460.0M | 325.0M | 215.0M | 246.0M | 65.6M | 93.5M |