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 | 4.0B | 3.2B | 3.0B | 3.0B | 2.3B | 1.9B | 1.6B | 1.5B | 1.2B | 1.3B | 1.4B | 1.3B | 1.5B |
| Revenue Growth % | 24.0% | 5.1% | 0.5% | 32.6% | 17.5% | 19.1% | 10.3% | 23.2% | -8.9% | -3.8% | 7.8% | -13.1% | -- |
| Total Revenue | 4.0B | 3.2B | 3.0B | 3.0B | 2.3B | 1.9B | 1.6B | 1.5B | 1.2B | 1.3B | 1.4B | 1.3B | 1.5B |
| Cost Of Revenue | 2.1B | 1.5B | 1.5B | 1.6B | 1.1B | 876.0M | 769.0M | 728.0M | 544.0M | 633.0M | 598.0M | 561.0M | 669.0M |
| Gross Profit | 1.9B | 1.7B | 1.5B | 1.4B | 1.2B | 1.1B | 862.0M | 751.0M | 656.0M | 684.0M | 771.0M | 709.0M | 792.0M |
| Gross Margin % | 46.7% | 54.2% | 50.4% | 45.9% | 52.4% | 54.9% | 52.9% | 50.8% | 54.7% | 51.9% | 56.3% | 55.8% | 54.2% |
| Total Operating Cost | 3.5B | 2.7B | 2.6B | 2.7B | 2.0B | 1.7B | 1.5B | 1.4B | 1.1B | 1.2B | 1.2B | 1.1B | 1.3B |
| Selling Expenses | 770.0M | 859.0M | 843.0M | 790.0M | 719.0M | 693.0M | 611.0M | 460.0M | 362.0M | 372.0M | 454.0M | 435.0M | 454.0M |
| Admin Expenses | 178.0M | 169.0M | 107.0M | 97.6M | 72.7M | 68.1M | 56.4M | 50.1M | 95.0M | 100.0M | 98.6M | 95.4M | 93.5M |
| Rd Expenses | 216.0M | 142.0M | 110.0M | 111.0M | 80.9M | 69.7M | 54.0M | 47.3M | -- | -- | -- | -- | -- |
| Finance Expenses | -9.1M | -8.6M | -14.7M | -2.9M | 4.4M | -1.8M | -2.0M | 8.2M | 7.9M | 10.1M | 12.3M | 15.9M | 7.0M |
| Operating Income | 514.0M | 503.0M | 376.0M | 419.0M | 290.0M | 204.0M | 157.0M | 132.0M | 125.0M | 139.0M | 172.0M | 149.0M | 198.0M |
| Operating Margin % | 13.0% | 15.7% | 12.4% | 13.8% | 12.7% | 10.5% | 9.6% | 8.9% | 10.4% | 10.6% | 12.6% | 11.7% | 13.6% |
| Non Operating Income | 16.6M | 21.8M | 24.6M | 20.4M | 17.2M | 15.3M | 17.4M | 13.5M | 5.1M | 12.0M | 4.0M | 15.6M | 868,500 |
| Non Operating Expenses | 2.2M | 2.8M | 420,100 | 3.2M | 818,500 | 1.1M | 917,100 | 547,500 | 928,400 | 1.3M | 516,000 | 2.0M | 281,900 |
| Investment Income | 1.6M | 1.1M | -6.5M | 513,900 | 3.1M | 7.2M | 11.6M | 2.0M | -- | -- | -- | -- | -- |
| Fair Value Change Income | -14.4M | -15.1M | -23.1M | 69.9M | -413,900 | -863,400 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 252,900 | 207,400 | 107,700 | -- | 34,300 | 84,800 | 285,900 | -- | -535,700 | -- | -- | -- | -- |
| Asset Impairment Loss | 4.7M | 4.2M | 6.0M | 1.4M | 194,900 | 358,300 | -16.4M | 39.4M | 50.7M | 49.1M | 24.5M | 6.8M | 30.2M |
| Other Income | 40.6M | 29.5M | 13.3M | 2.3M | 3.5M | 1.3M | 1.5M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 529.0M | 522.0M | 400.0M | 436.0M | 307.0M | 218.0M | 173.0M | 145.0M | 129.0M | 149.0M | 176.0M | 163.0M | 199.0M |
| Income Tax | 56.5M | 54.7M | 40.9M | 46.1M | 34.7M | 24.7M | 20.7M | 18.5M | 16.2M | 19.1M | 22.9M | 20.9M | 27.5M |
| Net Income | 472.0M | 468.0M | 359.0M | 390.0M | 272.0M | 194.0M | 152.0M | 126.0M | 113.0M | 130.0M | 153.0M | 142.0M | 172.0M |
| Net Margin % | 11.9% | 14.6% | 11.8% | 12.9% | 11.9% | 10.0% | 9.3% | 8.5% | 9.4% | 9.9% | 11.2% | 11.2% | 11.8% |
| Net Income Attributable | 462.0M | 461.0M | 358.0M | 381.0M | 261.0M | 190.0M | 152.0M | 126.0M | 113.0M | 130.0M | 153.0M | 142.0M | 172.0M |
| Minority Interest | 9.8M | 6.5M | 1.2M | 9.1M | 11.2M | 3.4M | 54,400 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 1.37 | 1.39 | 1.06 | 1.13 | 0.78 | 0.57 | 0.46 | 0.43 | 0.46 | 0.52 | 0.62 | 0.58 | 0.74 |
| Eps Diluted | 1.36 | 1.36 | 1.05 | 1.13 | 0.78 | 0.57 | 0.46 | 0.43 | 0.46 | 0.52 | 0.62 | 0.58 | 0.74 |
| 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 | 880.0M | 914.0M | 629.0M | 734.0M | 650.0M | 702.0M | 336.0M | 328.0M | 222.0M | 150.0M | 152.0M | 195.0M | 134.0M |
| Trading Financial Assets | 80.2M | 90.5M | 107.0M | 205.0M | 151.0M | 50.9M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 2.1B | 1.7B | 1.6B | 1.2B | 1.1B | 873.0M | 835.0M | 888.0M | 834.0M | 776.0M | 775.0M | 676.0M | 660.0M |
| Notes Receivable | 6.1M | 37.3M | -- | 12.7M | -- | -- | 160.0M | 59.6M | 24.7M | 47.1M | 58.4M | 40.4M | 65.4M |
| Notes And Accounts Receivable | 2.1B | 1.7B | 1.6B | 1.2B | 1.1B | 873.0M | 996.0M | 948.0M | 859.0M | 823.0M | 833.0M | 716.0M | 725.0M |
| Prepayments | 47.4M | 45.5M | 48.5M | 65.1M | 37.8M | 12.2M | 10.8M | 16.1M | 11.1M | 7.7M | 12.4M | 20.7M | 17.6M |
| Inventory | 885.0M | 699.0M | 748.0M | 820.0M | 472.0M | 382.0M | 297.0M | 270.0M | 217.0M | 329.0M | 232.0M | 271.0M | 224.0M |
| Total Current Assets | 4.3B | 3.8B | 3.5B | 3.4B | 2.7B | 2.3B | 1.9B | 1.9B | 1.3B | 1.3B | 1.3B | 1.2B | 1.1B |
| Long Term Equity Investment | 4.4M | 4.6M | 4.9M | 6.0M | 1.7M | 2.0M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 363.0M | 342.0M | 404.0M | 349.0M | 332.0M | 401.0M | 284.0M | 311.0M | 335.0M | 324.0M | 299.0M | 172.0M |
| Fixed Assets Total | 411.0M | 363.0M | 342.0M | 404.0M | 349.0M | 332.0M | 401.0M | 284.0M | 311.0M | 335.0M | 324.0M | 299.0M | 172.0M |
| Construction In Progress | -- | 88.8M | 14.4M | 2.4M | 67.1M | 215,600 | 237,900 | 112.0M | 74.1M | 31.0M | 1.7M | 4.7M | 101.0M |
| Construction In Progress Total | 83.1M | 88.8M | 14.4M | 2.4M | 67.1M | 215,600 | 237,900 | 112.0M | 74.1M | 31.0M | 1.7M | 4.7M | 101.0M |
| Intangible Assets | 86.2M | 76.1M | 73.7M | 81.3M | 87.8M | 75.4M | 97.6M | 96.7M | 104.0M | 106.0M | 105.0M | 54.7M | 56.0M |
| Long Term Deferred Expenses | 19.2M | 7.7M | 6.2M | 7.6M | 6.4M | 3.7M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 914.0M | 832.0M | 758.0M | 753.0M | 671.0M | 535.0M | 656.0M | 541.0M | 521.0M | 500.0M | 453.0M | 376.0M | 335.0M |
| Total Assets | 5.2B | 4.6B | 4.3B | 4.1B | 3.4B | 2.9B | 2.5B | 2.4B | 1.9B | 1.8B | 1.7B | 1.6B | 1.5B |
| Short Term Borrowings | 8.0M | 64.2M | 61.1M | -- | 10.1M | 2.3M | 3.0M | -- | 229.0M | 200.0M | 230.0M | 220.0M | 210.0M |
| Accounts Payable | 744.0M | 588.0M | 521.0M | 549.0M | 419.0M | 239.0M | 199.0M | 294.0M | 192.0M | 226.0M | 160.0M | 154.0M | 164.0M |
| Advance Receipts | 3.4M | 3.4M | 3.4M | 4.1M | -- | 86.5M | 46.6M | 45.6M | 45.6M | 29.1M | 33.9M | 68.1M | 65.6M |
| Contract Liabilities | 125.0M | 104.0M | 93.7M | 178.0M | 68.8M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 3.0B | 2.6B | 2.4B | 2.3B | 1.7B | 1.3B | 1.0B | 979.0M | 1.1B | 1.1B | 1.0B | 981.0M | 816.0M |
| Long Term Borrowings | -- | -- | 100,300 | 240,700 | 398,000 | 587,500 | -- | -- | -- | -- | -- | 20.0M | 50.8M |
| Total Non Current Liabilities | 64.9M | 25.7M | 24.9M | 34.0M | 29.2M | 15.4M | 15.4M | -- | -- | -- | -- | 20.0M | 50.8M |
| Total Liabilities | 3.1B | 2.6B | 2.4B | 2.3B | 1.7B | 1.3B | 1.1B | 979.0M | 1.1B | 1.1B | 1.0B | 1.0B | 867.0M |
| Paid In Capital | 338.0M | 338.0M | 338.0M | 338.0M | 338.0M | 337.0M | 331.0M | 331.0M | 248.0M | 248.0M | 248.0M | 248.0M | 242.0M |
| Capital Reserve | 731.0M | 711.0M | 735.0M | 737.0M | 725.0M | 696.0M | 671.0M | 671.0M | 188.0M | 188.0M | 188.0M | 188.0M | 158.0M |
| Surplus Reserve | 182.0M | 182.0M | 182.0M | 182.0M | 146.0M | 121.0M | 102.0M | 86.6M | 74.0M | 62.7M | 49.6M | 34.4M | 20.2M |
| Retained Earnings | 908.0M | 783.0M | 653.0M | 626.0M | 447.0M | 377.0M | 337.0M | 333.0M | 288.0M | 255.0M | 201.0M | 128.0M | 173.0M |
| Minority Equity | 47.8M | 41.7M | 37.4M | 35.7M | 30.4M | 30.5M | 27.0M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 2.1B | 1.9B | 1.8B | 1.8B | 1.6B | 1.5B | 1.4B | 1.4B | 798.0M | 754.0M | 687.0M | 598.0M | 593.0M |
| Total Equity | 2.2B | 2.0B | 1.8B | 1.8B | 1.7B | 1.5B | 1.5B | 1.4B | 798.0M | 754.0M | 687.0M | 598.0M | 593.0M |
| 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 | 3.5B | 3.0B | 2.5B | 2.9B | 2.0B | 1.8B | 1.5B | 1.2B | 1.3B | 1.5B | 1.4B | 1.5B | 1.3B |
| Tax Refunds Received | 12.0M | 13.5M | 8.2M | 285,300 | -- | -- | 7,300 | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 3.6B | 3.1B | 2.6B | 3.0B | 2.1B | 1.8B | 1.5B | 1.2B | 1.3B | 1.5B | 1.4B | 1.5B | 1.3B |
| Cash Paid For Goods | 1.3B | 819.0M | 1.1B | 1.2B | 716.0M | 492.0M | 464.0M | 333.0M | 443.0M | 622.0M | 547.0M | 645.0M | 836.0M |
| Cash Paid To Employees | 433.0M | 366.0M | 331.0M | 286.0M | 237.0M | 219.0M | 187.0M | 165.0M | 148.0M | 149.0M | 147.0M | 138.0M | 190.0M |
| Taxes Paid | 253.0M | 307.0M | 246.0M | 249.0M | 148.0M | 200.0M | 139.0M | 143.0M | 154.0M | 128.0M | 181.0M | 134.0M | 129.0M |
| Total Operating Cash Outflow | 3.1B | 2.5B | 2.4B | 2.5B | 1.7B | 1.5B | 1.3B | 1.1B | 1.2B | 1.3B | 1.2B | 1.2B | 1.3B |
| Operating Cash Flow | 536.0M | 627.0M | 181.0M | 509.0M | 344.0M | 305.0M | 201.0M | 133.0M | 182.0M | 178.0M | 187.0M | 258.0M | -54.8M |
| Total Investing Cash Inflow | 6.5M | 7.6M | 64.5M | 134.0M | 345.0M | 519.0M | 953.0M | 192.0M | 1.3M | 1.2M | 147,900 | 278,200 | 130,000 |
| Total Investing Cash Outflow | 165.0M | 106.0M | 59.2M | 292.0M | 538.0M | 375.0M | 1.0B | 482.0M | 66.7M | 78.4M | 109.0M | 70.4M | 279.0M |
| Investing Cash Flow | -159.0M | -98.4M | 5.3M | -159.0M | -193.0M | 144.0M | -84.8M | -290.0M | -65.3M | -77.2M | -109.0M | -70.1M | -279.0M |
| Cash From Borrowings | 98.0M | 67.9M | 80.0M | -- | 10.1M | 3.0M | 12.9M | 60.0M | 259.0M | 255.0M | 275.0M | 265.0M | 261.0M |
| Dividends And Interest Paid | 344.0M | 337.0M | 336.0M | 171.0M | 171.0M | 133.0M | 146.0M | 75.2M | 66.2M | 89.0M | 93.3M | 161.0M | 7.3M |
| Debt Repayments | 154.0M | 68.2M | 19.0M | 10.1M | 2.3M | 3.0M | 10.0M | 289.0M | 230.0M | 285.0M | 305.0M | 266.0M | 25.3M |
| Total Financing Cash Inflow | 98.0M | 145.0M | 80.0M | -- | 14.8M | 32.4M | 39.8M | 636.0M | 259.0M | 255.0M | 275.0M | 302.0M | 471.0M |
| Total Financing Cash Outflow | 500.0M | 429.0M | 363.0M | 295.0M | 191.0M | 138.0M | 156.0M | 378.0M | 296.0M | 374.0M | 398.0M | 427.0M | 32.6M |
| Financing Cash Flow | -402.0M | -284.0M | -283.0M | -295.0M | -177.0M | -105.0M | -117.0M | 258.0M | -36.8M | -119.0M | -123.0M | -125.0M | 438.0M |
| Net Change In Cash | -21.2M | 246.0M | -93.6M | 51.5M | -37.2M | 346.0M | 1.6M | 97.5M | 82.1M | -15.9M | -44.9M | 61.8M | 104.0M |
| Ending Cash Balance | 805.0M | 826.0M | 580.0M | 674.0M | 622.0M | 660.0M | 313.0M | 312.0M | 214.0M | 132.0M | 148.0M | 193.0M | 131.0M |
| Capex | 146.0M | 77.4M | 57.2M | 103.0M | 113.0M | 31.7M | 38.0M | 42.0M | 66.7M | 78.4M | 109.0M | 70.4M | 279.0M |