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 | 1.9B | 1.8B | 2.1B | 2.1B | 1.5B | 1.5B | 1.9B | 1.9B | 1.6B | 1.3B | 1.1B | 965.0M | 746.0M |
| Revenue Growth % | 4.7% | -13.4% | 2.4% | 39.3% | 1.3% | -20.2% | -2.9% | 22.5% | 23.1% | 14.4% | 14.7% | 29.4% | -- |
| Total Revenue | 1.9B | 1.8B | 2.1B | 2.1B | 1.5B | 1.5B | 1.9B | 1.9B | 1.6B | 1.3B | 1.1B | 965.0M | 746.0M |
| Cost Of Revenue | 1.5B | 1.4B | 1.7B | 1.7B | 1.3B | 1.2B | 1.5B | 1.6B | 1.3B | 1.1B | 931.0M | 798.0M | 611.0M |
| Gross Profit | 455.0M | 419.0M | 444.0M | 390.0M | 192.0M | 229.0M | 335.0M | 356.0M | 286.0M | 204.0M | 176.0M | 167.0M | 135.0M |
| Gross Margin % | 23.5% | 22.7% | 20.8% | 18.7% | 12.8% | 15.5% | 18.1% | 18.6% | 18.3% | 16.1% | 15.9% | 17.3% | 18.1% |
| Total Operating Cost | 1.9B | 1.8B | 2.1B | 2.0B | 1.5B | 1.5B | 1.8B | 1.8B | 1.5B | 1.2B | 1.1B | 918.0M | 714.0M |
| Selling Expenses | 151.0M | 131.0M | 147.0M | 119.0M | 68.1M | 91.3M | 104.0M | 99.9M | 83.3M | 67.5M | 59.6M | 52.5M | 42.6M |
| Admin Expenses | 104.0M | 96.2M | 100.0M | 82.9M | 53.7M | 57.5M | 60.6M | 61.5M | 75.2M | 67.0M | 54.6M | 54.4M | 53.2M |
| Rd Expenses | 123.0M | 112.0M | 121.0M | 88.3M | 52.6M | 54.2M | 48.3M | 36.3M | -- | -- | -- | -- | -- |
| Finance Expenses | 19.1M | 17.7M | 25.0M | 3.9M | 3.8M | 11.2M | 14.3M | -1.4M | 13.9M | 11.6M | 6.1M | 3.2M | 2.0M |
| Operating Income | 43.7M | 50.4M | 58.4M | 94.2M | 24.7M | 24.3M | 133.0M | 171.0M | 98.9M | 47.4M | 46.8M | 46.6M | 32.9M |
| Operating Margin % | 2.3% | 2.7% | 2.7% | 4.5% | 1.6% | 1.6% | 7.2% | 9.0% | 6.3% | 3.7% | 4.2% | 4.8% | 4.4% |
| Non Operating Income | 663,800 | 3.4M | 640,800 | 484,800 | 412,000 | 885,400 | 133,100 | 360,000 | 12.0M | 8.4M | 7.5M | 5.8M | 5.1M |
| Non Operating Expenses | 475,800 | 488,700 | 312,800 | 2.2M | 1.4M | 1.5M | 1.3M | 465,600 | 82,800 | 318,400 | 275,700 | 219,500 | 511,100 |
| Investment Income | 7.0M | 1.3M | 9.1M | 9.3M | 13.1M | 12.5M | 14.8M | 4.2M | -11,100 | 578,800 | -- | -- | -344,600 |
| Fair Value Change Income | -335,700 | 60,700 | -879,400 | -972,500 | -384,000 | 2.5M | -- | -- | -- | -- | -- | -- | 945,000 |
| Asset Disposal Income | 638,900 | -64,600 | 6.4M | 369,600 | 94,900 | 23,900 | -22,700 | -34,100 | -11,000 | -- | -- | -- | -- |
| Asset Impairment Loss | 35.6M | 32.8M | 17.9M | 15.3M | 6.6M | 8.4M | 9.4M | 10.3M | 9.4M | 7.9M | 6.2M | 7.8M | 3.5M |
| Other Income | 30.6M | 25.7M | 19.1M | 16.9M | 11.3M | 12.3M | 27.2M | 23.6M | -- | -- | -- | -- | -- |
| Income Before Tax | 43.9M | 53.3M | 58.8M | 92.5M | 23.7M | 23.7M | 132.0M | 171.0M | 111.0M | 55.6M | 54.0M | 52.1M | 37.4M |
| Income Tax | 4.0M | -8.3M | 2.2M | 12.3M | -154,900 | -4.1M | 19.6M | 29.6M | 19.0M | 9.4M | 8.7M | 9.5M | 5.6M |
| Net Income | 39.9M | 61.6M | 56.6M | 80.1M | 23.8M | 27.8M | 112.0M | 141.0M | 91.8M | 46.1M | 45.3M | 42.6M | 31.9M |
| Net Margin % | 2.1% | 3.3% | 2.6% | 3.8% | 1.6% | 1.9% | 6.0% | 7.4% | 5.9% | 3.6% | 4.1% | 4.4% | 4.3% |
| Net Income Attributable | 36.9M | 59.2M | 53.7M | 85.7M | 25.2M | 30.1M | 114.0M | 141.0M | 93.4M | 48.4M | 45.7M | 42.6M | 31.9M |
| Minority Interest | 3.0M | 2.4M | 2.9M | -5.6M | -1.3M | -2.3M | -1.5M | -65,800 | -1.6M | -2.3M | -331,000 | -- | -- |
| Eps Basic | 0.18 | 0.28 | 0.26 | 0.43 | 0.13 | 0.15 | 0.56 | 1.12 | 1.21 | 0.63 | 0.61 | 0.65 | -- |
| Eps Diluted | 0.18 | 0.28 | 0.26 | 0.43 | 0.13 | 0.15 | 0.56 | 1.12 | 1.21 | 0.63 | 0.61 | 0.65 | -- |
| 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 | 205.0M | 159.0M | 132.0M | 171.0M | 127.0M | 110.0M | 161.0M | 246.0M | 179.0M | 108.0M | 80.1M | 73.7M | 28.6M |
| Trading Financial Assets | -- | 73.3M | 71.3M | 230.0M | 292.0M | 382.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 609.0M | 518.0M | 469.0M | 457.0M | 355.0M | 337.0M | 310.0M | 251.0M | 212.0M | 173.0M | 132.0M | 123.0M | 101.0M |
| Notes Receivable | 870,700 | 2.3M | 362,500 | 977,900 | 204,100 | 7.5M | 100.0M | 110.0M | 54.4M | 54.5M | 45.1M | 28.1M | 33.4M |
| Notes And Accounts Receivable | 610.0M | 520.0M | 470.0M | 458.0M | 355.0M | 344.0M | 410.0M | 360.0M | 266.0M | 227.0M | 177.0M | 151.0M | 134.0M |
| Prepayments | 18.0M | 6.4M | 10.0M | 8.1M | 24.2M | 14.1M | 15.9M | 9.5M | 15.9M | 6.4M | 721,000 | 6.2M | 17.3M |
| Inventory | 575.0M | 673.0M | 687.0M | 515.0M | 286.0M | 299.0M | 398.0M | 318.0M | 275.0M | 194.0M | 185.0M | 170.0M | 148.0M |
| Total Current Assets | 1.6B | 1.7B | 1.6B | 1.6B | 1.3B | 1.3B | 1.4B | 1.3B | 745.0M | 539.0M | 447.0M | 404.0M | 332.0M |
| Long Term Equity Investment | 39.3M | 32.1M | 31.1M | 26.4M | 23.0M | 22.4M | 25.4M | 4.9M | 4.3M | 4.5M | 3.5M | -- | -- |
| Fixed Assets | -- | 71.0M | 79.3M | 78.9M | 52.3M | 55.8M | 60.3M | 56.8M | 20.0M | 20.0M | 19.0M | 20.6M | 23.2M |
| Fixed Assets Total | 413.0M | 71.0M | 79.3M | 78.9M | 52.3M | 55.8M | 60.3M | 56.8M | 20.0M | 20.0M | 19.0M | 20.6M | 23.2M |
| Construction In Progress | -- | 240.0M | 120.0M | 34.9M | 26.8M | 11.9M | 5.5M | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | 23.3M | 240.0M | 120.0M | 34.9M | 26.8M | 11.9M | 5.5M | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 51.7M | 39.8M | 45.6M | 50.6M | 29.0M | 31.2M | 27.2M | 19.8M | 5.1M | 6.3M | 5.3M | 767,200 | 676,500 |
| Long Term Deferred Expenses | 3.3M | 3.0M | 6.9M | 7.8M | 7.6M | 8.6M | 6.1M | 3.2M | 177,900 | 355,800 | -- | -- | 154,800 |
| Total Non Current Assets | 714.0M | 578.0M | 469.0M | 381.0M | 194.0M | 171.0M | 144.0M | 93.9M | 56.1M | 56.2M | 42.0M | 34.6M | 36.2M |
| Total Assets | 2.3B | 2.2B | 2.1B | 2.0B | 1.5B | 1.4B | 1.5B | 1.4B | 801.0M | 595.0M | 489.0M | 438.0M | 368.0M |
| Short Term Borrowings | 398.0M | 370.0M | 383.0M | 220.0M | 172.0M | 184.0M | 227.0M | 158.0M | 163.0M | 119.0M | 93.9M | 75.5M | 55.1M |
| Accounts Payable | 231.0M | 218.0M | 162.0M | 193.0M | 171.0M | 112.0M | 133.0M | 186.0M | 198.0M | 127.0M | 112.0M | 80.5M | 48.3M |
| Advance Receipts | -- | -- | -- | -- | -- | 18.0M | 7.8M | 10.8M | 8.9M | 12.0M | 8.0M | 9.6M | 5.9M |
| Contract Liabilities | 23.3M | 31.5M | 40.1M | 31.2M | 10.8M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 958.0M | 845.0M | 793.0M | 698.0M | 421.0M | 377.0M | 461.0M | 404.0M | 412.0M | 293.0M | 239.0M | 241.0M | 235.0M |
| Long Term Borrowings | 58.9M | 89.0M | 9.6M | 41.8M | -- | -- | -- | -- | -- | -- | -- | -- | 1.8M |
| Total Non Current Liabilities | 61.7M | 95.3M | 51.0M | 114.0M | 2.1M | 1.1M | 220,000 | 194,300 | 1.1M | 854,800 | 68,400 | 52,000 | 1.8M |
| Total Liabilities | 1.0B | 940.0M | 844.0M | 812.0M | 423.0M | 379.0M | 461.0M | 404.0M | 413.0M | 294.0M | 239.0M | 241.0M | 236.0M |
| Paid In Capital | 208.0M | 210.0M | 211.0M | 211.0M | 201.0M | 201.0M | 144.0M | 103.0M | 77.0M | 77.0M | 77.0M | 75.0M | 51.0M |
| Capital Reserve | 480.0M | 495.0M | 501.0M | 468.0M | 400.0M | 400.0M | 457.0M | 498.0M | 52.6M | 53.0M | 53.0M | 49.0M | 7.6M |
| Surplus Reserve | 52.5M | 48.1M | 44.0M | 42.4M | 38.0M | 35.9M | 32.3M | 17.9M | 9.0M | 2.6M | 658,600 | -- | 3.0M |
| Retained Earnings | 533.0M | 528.0M | 492.0M | 467.0M | 396.0M | 393.0M | 409.0M | 356.0M | 239.0M | 168.0M | 127.0M | 81.6M | 77.1M |
| Minority Equity | 33.4M | 22.8M | 22.4M | 20.3M | 6.7M | 5.9M | 6.6M | 1.3M | 1.4M | 3.1M | 1.2M | -- | -- |
| Equity Attributable | 1.3B | 1.3B | 1.2B | 1.1B | 1.0B | 1.0B | 1.1B | 971.0M | 386.0M | 299.0M | 248.0M | 197.0M | 132.0M |
| Total Equity | 1.3B | 1.3B | 1.3B | 1.2B | 1.0B | 1.0B | 1.1B | 972.0M | 387.0M | 302.0M | 250.0M | 197.0M | 132.0M |
| 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 | 1.8B | 1.8B | 2.1B | 2.0B | 1.5B | 1.5B | 1.7B | 1.8B | 1.5B | 1.3B | 1.1B | 987.0M | 706.0M |
| Tax Refunds Received | 26.4M | 23.1M | 30.2M | 19.9M | 12.1M | 10.0M | 29.4M | 25.6M | 10.7M | 5.8M | 5.3M | 7.5M | 1.9M |
| Total Operating Cash Inflow | 1.8B | 1.8B | 2.2B | 2.0B | 1.5B | 1.5B | 1.8B | 1.8B | 1.6B | 1.3B | 1.1B | 998.0M | 719.0M |
| Cash Paid For Goods | 1.2B | 1.3B | 1.9B | 1.7B | 1.2B | 1.1B | 1.5B | 1.5B | 1.3B | 1.1B | 946.0M | 801.0M | 607.0M |
| Cash Paid To Employees | 296.0M | 275.0M | 259.0M | 187.0M | 123.0M | 153.0M | 151.0M | 119.0M | 99.7M | 89.7M | 78.0M | 74.8M | 70.1M |
| Taxes Paid | 51.6M | 53.9M | 80.4M | 55.3M | 19.1M | 39.5M | 72.0M | 70.1M | 54.3M | 30.1M | 27.6M | 30.1M | 24.8M |
| Total Operating Cash Outflow | 1.7B | 1.7B | 2.3B | 2.0B | 1.4B | 1.4B | 1.8B | 1.8B | 1.5B | 1.2B | 1.1B | 952.0M | 736.0M |
| Operating Cash Flow | 138.0M | 146.0M | -135.0M | -42.6M | 59.5M | 67.1M | -28.7M | 1.6M | 54.0M | 26.6M | 44.5M | 46.1M | -16.7M |
| Total Investing Cash Inflow | 277.0M | 256.0M | 749.0M | 924.0M | 788.0M | 1.3B | 1.5B | 504.0M | 1.5M | 355,100 | 105,300 | 3,970 | 321,300 |
| Total Investing Cash Outflow | 367.0M | 387.0M | 746.0M | 951.0M | 797.0M | 1.3B | 1.5B | 887.0M | 3.9M | 14.5M | 10.6M | 1.2M | 26.1M |
| Investing Cash Flow | -89.9M | -131.0M | 3.0M | -27.0M | -9.1M | -22.8M | -79.6M | -383.0M | -2.5M | -14.1M | -10.5M | -1.2M | -25.7M |
| Cash From Borrowings | 620.0M | 673.0M | 768.0M | 520.0M | 561.0M | 617.0M | 652.0M | 514.0M | 476.0M | 366.0M | 269.0M | 235.0M | 229.0M |
| Dividends And Interest Paid | 36.9M | 33.3M | 39.6M | 15.9M | 25.4M | 50.3M | 55.6M | 20.7M | 19.5M | 8.6M | 27.4M | 5.6M | 50.7M |
| Debt Repayments | 568.0M | 617.0M | 626.0M | 442.0M | 567.0M | 663.0M | 589.0M | 511.0M | 440.0M | 346.0M | 279.0M | 285.0M | 202.0M |
| Total Financing Cash Inflow | 675.0M | 708.0M | 860.0M | 604.0M | 578.0M | 635.0M | 693.0M | 1.0B | 476.0M | 370.0M | 277.0M | 284.0M | 360.0M |
| Total Financing Cash Outflow | 672.0M | 698.0M | 752.0M | 530.0M | 606.0M | 722.0M | 669.0M | 581.0M | 461.0M | 356.0M | 306.0M | 291.0M | 328.0M |
| Financing Cash Flow | 2.7M | 10.1M | 109.0M | 74.5M | -28.6M | -86.9M | 23.8M | 451.0M | 15.3M | 13.5M | -29.5M | -6.5M | 31.9M |
| Net Change In Cash | 51.6M | 27.1M | -18.4M | 3.7M | 17.3M | -44.1M | -75.7M | 65.1M | 68.7M | 26.2M | 2.9M | 36.0M | -10.2M |
| Ending Cash Balance | 176.0M | 124.0M | 97.3M | 116.0M | 112.0M | 94.6M | 139.0M | 214.0M | 149.0M | 80.6M | 54.4M | 51.5M | 15.5M |
| Capex | 141.0M | 133.0M | 108.0M | 30.7M | 23.4M | 34.5M | 40.0M | 46.6M | 2.4M | 14.1M | 6.4M | 1.2M | 2.4M |