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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.5B | 1.2B | 797.0M | 615.0M | 1.2B | 1.6B | 1.5B | 1.1B | 898.0M |
| Revenue Growth % | 29.5% | 48.1% | 29.6% | -47.1% | -27.7% | 6.5% | 31.5% | 28.0% | -- |
| Total Revenue | 1.5B | 1.2B | 797.0M | 615.0M | 1.2B | 1.6B | 1.5B | 1.1B | 898.0M |
| Cost Of Revenue | 1.1B | 796.0M | 662.0M | 543.0M | 796.0M | 1.0B | 909.0M | 626.0M | 493.0M |
| Gross Profit | 441.0M | 384.0M | 135.0M | 72.0M | 367.0M | 605.0M | 602.0M | 523.0M | 405.0M |
| Gross Margin % | 28.9% | 32.5% | 16.9% | 11.7% | 31.6% | 37.6% | 39.8% | 45.5% | 45.1% |
| Total Operating Cost | 1.5B | 1.2B | 988.0M | 900.0M | 1.1B | 1.4B | 1.3B | 963.0M | 747.0M |
| Selling Expenses | 71.2M | 65.0M | 35.7M | 34.7M | 32.6M | 107.0M | 116.0M | 86.6M | 52.1M |
| Admin Expenses | 183.0M | 162.0M | 120.0M | 140.0M | 122.0M | 123.0M | 133.0M | 125.0M | 129.0M |
| Rd Expenses | 105.0M | 84.4M | 66.4M | 63.1M | 60.0M | 72.1M | 75.2M | 52.7M | 45.4M |
| Finance Expenses | 65.5M | 45.3M | 48.5M | 62.9M | 23.6M | 29.3M | 24.9M | 40.8M | 40.0M |
| Operating Income | 68.8M | -2.2M | -141.0M | -254.0M | 170.0M | 267.0M | 244.0M | 172.0M | 141.0M |
| Operating Margin % | 4.5% | -0.2% | -17.7% | -41.3% | 14.6% | 16.6% | 16.1% | 15.0% | 15.7% |
| Non Operating Income | 1.7M | 264.0M | 749,100 | 702,400 | 1.4M | 987,400 | 737,300 | 117,200 | 2.8M |
| Non Operating Expenses | 3.0M | 3.9M | 723,400 | 640,400 | 1.7M | 352,600 | 2.0M | 179,100 | 554,300 |
| Investment Income | 8.8M | 15.5M | 16.7M | 20.3M | 57.9M | -9.5M | -7.7M | -15.0M | -9.4M |
| Fair Value Change Income | -- | 2.0M | 3.5M | 2.7M | 1.7M | -- | -- | -- | -- |
| Asset Disposal Income | -3.4M | 658,600 | -34,500 | -1.8M | -413,200 | -7,000 | -16,400 | -212,100 | 143,600 |
| Asset Impairment Loss | 15.6M | 20.4M | 21.7M | 20.3M | 5.2M | 328,400 | -11.4M | 10.3M | -26.1M |
| Other Income | 21.8M | 20.4M | 29.6M | 10.0M | 20.3M | 26.5M | 4.8M | 2.1M | -- |
| Income Before Tax | 67.5M | 257.0M | -141.0M | -254.0M | 170.0M | 268.0M | 242.0M | 172.0M | 144.0M |
| Income Tax | 12.4M | -649,400 | -29.3M | -45.3M | 5.7M | 34.2M | 32.4M | 21.4M | 28.5M |
| Net Income | 55.0M | 258.0M | -112.0M | -208.0M | 164.0M | 234.0M | 210.0M | 151.0M | 115.0M |
| Net Margin % | 3.6% | 21.9% | -14.1% | -33.8% | 14.1% | 14.5% | 13.9% | 13.1% | 12.8% |
| Net Income Attributable | 55.4M | 256.0M | -114.0M | -206.0M | 165.0M | 236.0M | 212.0M | 153.0M | 118.0M |
| Minority Interest | -355,900 | 1.7M | 1.6M | -1.8M | -1.3M | -1.8M | -1.7M | -1.8M | -3.0M |
| Eps Basic | 0.14 | 0.65 | -0.29 | -0.53 | 0.61 | 1.04 | 0.96 | 0.73 | 0.56 |
| Eps Diluted | -- | -- | -- | -- | -- | -- | 0.96 | 0.73 | 0.56 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 436.0M | 546.0M | 311.0M | 424.0M | 1.0B | 343.0M | 351.0M | 628.0M | 381.0M |
| Trading Financial Assets | -- | 252.0M | 640.0M | 758.0M | 429.0M | -- | -- | -- | -- |
| Accounts Receivable | 814.0M | 1.1B | 791.0M | 771.0M | 963.0M | 451.0M | 301.0M | 426.0M | 385.0M |
| Notes Receivable | 416.0M | 139.0M | 234.0M | 160.0M | 204.0M | 474.0M | 141.0M | 222.0M | 80.7M |
| Notes And Accounts Receivable | 1.2B | 1.2B | 1.0B | 931.0M | 1.2B | 925.0M | 442.0M | 648.0M | 466.0M |
| Prepayments | 25.7M | 28.0M | 13.0M | 10.6M | 11.0M | 5.2M | 13.2M | 15.4M | 24.2M |
| Inventory | 1.1B | 921.0M | 775.0M | 751.0M | 677.0M | 675.0M | 802.0M | 622.0M | 238.0M |
| Total Current Assets | 2.9B | 3.0B | 2.8B | 3.0B | 3.4B | 2.0B | 1.8B | 2.0B | 1.2B |
| Long Term Equity Investment | 98.0M | 95.1M | 95.2M | 105.0M | 73.6M | 296.0M | 250.0M | 190.0M | 199.0M |
| Fixed Assets | -- | 801.0M | 423.0M | 464.0M | 513.0M | 458.0M | 444.0M | 388.0M | -- |
| Fixed Assets Total | 742.0M | 801.0M | 423.0M | 464.0M | 513.0M | 458.0M | 444.0M | 388.0M | 351.0M |
| Construction In Progress | -- | 26.1M | 245.0M | 211.0M | 99.7M | 97,300 | 4.5M | -- | -- |
| Construction In Progress Total | 121.0M | 26.1M | 245.0M | 211.0M | 99.7M | 97,300 | 4.5M | -- | -- |
| Intangible Assets | 168.0M | 175.0M | 140.0M | 148.0M | 155.0M | 127.0M | 99.9M | 86.9M | 94.8M |
| Long Term Deferred Expenses | 24.8M | 27.5M | 3.0M | 2.3M | 1.8M | 3.3M | 2.9M | 3.8M | 316,800 |
| Total Non Current Assets | 1.8B | 1.8B | 1.6B | 1.6B | 1.5B | 1.0B | 928.0M | 882.0M | 846.0M |
| Total Assets | 4.8B | 4.9B | 4.5B | 4.5B | 4.9B | 3.0B | 2.7B | 2.9B | 2.1B |
| Short Term Borrowings | 801.0M | 971.0M | 912.0M | 703.0M | 771.0M | 699.0M | 499.0M | 1.0B | 781.0M |
| Accounts Payable | 551.0M | 403.0M | 323.0M | 319.0M | 373.0M | 445.0M | 490.0M | 572.0M | 315.0M |
| Advance Receipts | -- | -- | -- | 11.6M | 23.5M | 44.6M | 69.1M | 73.4M | 18.9M |
| Contract Liabilities | 39.1M | 21.8M | 10.9M | 3.7M | 4.9M | -- | -- | -- | -- |
| Total Current Liabilities | 1.6B | 1.7B | 1.6B | 1.6B | 1.5B | 1.4B | 1.4B | 2.0B | 1.3B |
| Long Term Borrowings | 296.0M | 270.0M | 234.0M | 150.0M | 216.0M | -- | -- | -- | -- |
| Total Non Current Liabilities | 401.0M | 407.0M | 315.0M | 336.0M | 508.0M | 37.1M | 25.9M | 15.4M | 18.5M |
| Total Liabilities | 2.0B | 2.1B | 1.9B | 1.9B | 2.0B | 1.4B | 1.4B | 2.0B | 1.3B |
| Paid In Capital | 393.0M | 393.0M | 393.0M | 393.0M | 302.0M | 227.0M | 227.0M | 210.0M | 210.0M |
| Capital Reserve | 1.6B | 1.6B | 1.6B | 1.6B | 1.7B | 663.0M | 663.0M | 430.0M | 430.0M |
| Surplus Reserve | 49.5M | 45.8M | 44.7M | 44.7M | 44.7M | 35.0M | 24.2M | 13.2M | 4.6M |
| Retained Earnings | 659.0M | 686.0M | 431.0M | 544.0M | 811.0M | 649.0M | 425.0M | 224.0M | 80.2M |
| Minority Equity | 6.5M | 17.2M | 14.0M | 12.2M | 4.9M | -702,100 | 1.1M | -709,500 | 1.1M |
| Equity Attributable | 2.7B | 2.7B | 2.5B | 2.6B | 2.9B | 1.6B | 1.3B | 877.0M | 728.0M |
| Total Equity | 2.7B | 2.8B | 2.5B | 2.6B | 2.9B | 1.6B | 1.3B | 877.0M | 729.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.5B | 893.0M | 731.0M | 859.0M | 1.1B | 1.3B | 1.8B | 1.2B | 1.1B |
| Tax Refunds Received | 34.5M | 21.7M | 26.2M | 38.6M | 29.3M | 19.7M | 31.3M | 24.0M | 2.8M |
| Total Operating Cash Inflow | 1.6B | 1.0B | 883.0M | 1.0B | 1.2B | 1.6B | 1.9B | 1.3B | 1.6B |
| Cash Paid For Goods | 632.0M | 471.0M | 522.0M | 609.0M | 719.0M | 960.0M | 937.0M | 499.0M | 653.0M |
| Cash Paid To Employees | 460.0M | 311.0M | 263.0M | 282.0M | 279.0M | 311.0M | 322.0M | 294.0M | 225.0M |
| Taxes Paid | 94.8M | 97.8M | 59.2M | 68.8M | 123.0M | 132.0M | 101.0M | 89.6M | 143.0M |
| Total Operating Cash Outflow | 1.4B | 1.1B | 984.0M | 1.2B | 1.3B | 1.6B | 1.6B | 1.3B | 1.3B |
| Operating Cash Flow | 227.0M | -87.8M | -102.0M | -135.0M | -67.7M | -35.8M | 338.0M | 73.0M | 279.0M |
| Total Investing Cash Inflow | 463.0M | 2.8B | 2.7B | 3.2B | 1.4B | 192.0M | 31,600 | 73.4M | 36.6M |
| Total Investing Cash Outflow | 410.0M | 2.6B | 2.8B | 3.6B | 2.1B | 176.0M | 283.0M | 188.0M | 195.0M |
| Investing Cash Flow | 53.3M | 236.0M | -48.5M | -426.0M | -660.0M | 15.8M | -283.0M | -114.0M | -158.0M |
| Cash From Borrowings | 933.0M | 1.3B | 1.1B | 851.0M | 1.3B | 839.0M | 501.0M | 872.0M | 937.0M |
| Dividends And Interest Paid | 130.0M | 50.8M | 55.0M | 114.0M | 30.9M | 32.5M | 27.7M | 46.4M | 324.0M |
| Debt Repayments | 1.1B | 1.2B | 996.0M | 774.0M | 976.0M | 640.0M | 763.0M | 759.0M | 873.0M |
| Total Financing Cash Inflow | 933.0M | 1.3B | 1.1B | 853.0M | 2.5B | 839.0M | 754.0M | 872.0M | 941.0M |
| Total Financing Cash Outflow | 1.3B | 1.2B | 1.1B | 896.0M | 1.1B | 672.0M | 790.0M | 806.0M | 1.2B |
| Financing Cash Flow | -354.0M | 63.8M | 55.3M | -42.9M | 1.4B | 167.0M | -36.4M | 66.4M | -257.0M |
| Net Change In Cash | -73.6M | 214.0M | -94.1M | -605.0M | 653.0M | 147.0M | 19.2M | 23.6M | -131.0M |
| Ending Cash Balance | 391.0M | 464.0M | 250.0M | 344.0M | 950.0M | 297.0M | 150.0M | 131.0M | 107.0M |
| Capex | 178.0M | 58.2M | 76.0M | 97.4M | 151.0M | 114.0M | 64.8M | 109.0M | 78.0M |