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 | 7.7B | 6.5B | 6.0B | 3.7B | 2.6B | 2.4B | 2.1B | 1.9B | 1.6B |
| Revenue Growth % | 17.4% | 9.3% | 61.6% | 40.0% | 10.9% | 10.6% | 15.5% | 13.5% | -- |
| Total Revenue | 7.7B | 6.5B | 6.0B | 3.7B | 2.6B | 2.4B | 2.1B | 1.9B | 1.6B |
| Cost Of Revenue | 6.9B | 5.9B | 5.4B | 3.1B | 2.1B | 1.9B | 1.8B | 1.5B | 1.3B |
| Gross Profit | 756.0M | 625.0M | 523.0M | 638.0M | 502.0M | 455.0M | 361.0M | 374.0M | 312.0M |
| Gross Margin % | 9.9% | 9.6% | 8.8% | 17.3% | 19.1% | 19.1% | 16.8% | 20.1% | 19.0% |
| Total Operating Cost | 7.3B | 6.2B | 5.8B | 3.2B | 2.2B | 2.1B | 2.0B | 1.6B | 1.5B |
| Selling Expenses | 16.3M | 16.5M | 9.7M | 8.2M | 5.7M | 94.9M | 73.6M | 69.8M | 63.4M |
| Admin Expenses | 108.0M | 96.9M | 80.7M | 59.9M | 47.9M | 41.3M | 36.8M | 25.7M | 23.9M |
| Rd Expenses | 103.0M | 88.0M | 64.8M | 53.8M | 11.1M | 11.3M | 11.4M | 9.2M | 5.7M |
| Finance Expenses | 141.0M | 92.6M | 123.0M | 38.4M | 13.4M | 44.5M | 43.5M | 27.4M | 43.5M |
| Operating Income | 409.0M | 298.0M | 227.0M | 455.0M | 418.0M | 244.0M | 186.0M | 228.0M | 137.0M |
| Operating Margin % | 5.3% | 4.6% | 3.8% | 12.3% | 15.9% | 10.3% | 8.7% | 12.3% | 8.4% |
| Non Operating Income | 10.6M | 20.1M | 19.6M | 28.8M | 24.7M | 25.2M | 38.0M | 4.4M | 3.0M |
| Non Operating Expenses | 2.1M | 6.5M | 3.9M | 306,300 | 276,200 | 1.0M | 869,600 | 1.1M | 2.3M |
| Investment Income | -12.3M | -33.7M | 9.4M | -12.0M | -6.7M | -4.9M | 143,300 | 343,100 | -- |
| Fair Value Change Income | -- | -- | 3.2M | -- | 58,600 | -- | -- | -- | -- |
| Asset Disposal Income | 240,400 | 19,400 | 193,000 | 138,500 | 105,000 | -- | -- | 34,200 | -- |
| Asset Impairment Loss | 4.3M | 2.8M | 3.8M | 2.5M | 33,100 | 2.8M | 714,200 | 5.2M | 27.4M |
| Other Income | 87.0M | 35.6M | 15.9M | 18.1M | 9.3M | 5.7M | 1.6M | 4.0M | -- |
| Income Before Tax | 417.0M | 311.0M | 242.0M | 484.0M | 442.0M | 269.0M | 224.0M | 231.0M | 138.0M |
| Income Tax | 55.1M | 37.9M | 37.1M | 93.8M | 104.0M | 69.3M | 58.2M | 59.2M | 34.6M |
| Net Income | 362.0M | 274.0M | 205.0M | 390.0M | 339.0M | 199.0M | 165.0M | 172.0M | 103.0M |
| Net Margin % | 4.7% | 4.2% | 3.4% | 10.6% | 12.9% | 8.4% | 7.7% | 9.2% | 6.3% |
| Net Income Attributable | 362.0M | 272.0M | 205.0M | 390.0M | 339.0M | 199.0M | 165.0M | 172.0M | 103.0M |
| Minority Interest | 496,900 | 1.9M | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.90 | 0.68 | 0.51 | 0.98 | 0.93 | 0.55 | 0.47 | -- | -- |
| Eps Diluted | 0.86 | 0.67 | 0.51 | 0.98 | 0.93 | 0.55 | 0.47 | -- | -- |
| 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 | 1.3B | 568.0M | 777.0M | 757.0M | 244.0M | 172.0M | 184.0M | 124.0M | 210.0M |
| Trading Financial Assets | -- | -- | 527.0M | -- | 140.0M | 30.0M | -- | -- | -- |
| Accounts Receivable | 1.1B | 1.1B | 1.0B | 613.0M | 451.0M | 504.0M | 411.0M | 401.0M | 326.0M |
| Notes Receivable | 215.0M | 97.9M | 94.5M | 51.0M | 142.0M | 114.0M | 113.0M | 87.5M | 236.0M |
| Notes And Accounts Receivable | 1.4B | 1.2B | 1.1B | 664.0M | 592.0M | 618.0M | 524.0M | 488.0M | 561.0M |
| Prepayments | 24.8M | 14.3M | 28.2M | 25.5M | 7.6M | 2.7M | 2.1M | 6.8M | 2.6M |
| Inventory | 986.0M | 575.0M | 659.0M | 572.0M | 429.0M | 225.0M | 215.0M | 170.0M | 195.0M |
| Total Current Assets | 4.1B | 2.6B | 3.2B | 2.2B | 1.7B | 1.2B | 1.0B | 819.0M | 988.0M |
| Fixed Assets | -- | 2.0B | 1.4B | 1.7B | 1.2B | 622.0M | 648.0M | 278.0M | -- |
| Fixed Assets Total | 4.6B | 2.0B | 1.4B | 1.7B | 1.2B | 622.0M | 648.0M | 278.0M | 313.0M |
| Construction In Progress | -- | 2.2B | 1.3B | 508.0M | 376.0M | 607.0M | 247.0M | 318.0M | -- |
| Construction In Progress Total | 1.6B | 2.2B | 1.3B | 508.0M | 376.0M | 607.0M | 247.0M | 318.0M | 79.4M |
| Intangible Assets | 593.0M | 501.0M | 309.0M | 81.9M | 83.8M | 54.0M | 54.7M | 51.9M | 46.7M |
| Long Term Deferred Expenses | -- | -- | 2.1M | 3.2M | 586,600 | 344,700 | 396,800 | 401,700 | 652,400 |
| Total Non Current Assets | 7.4B | 5.1B | 3.3B | 2.3B | 1.7B | 1.3B | 964.0M | 665.0M | 453.0M |
| Total Assets | 11.5B | 7.7B | 6.6B | 4.5B | 3.4B | 2.5B | 2.0B | 1.5B | 1.4B |
| Short Term Borrowings | 2.9B | 2.0B | 2.0B | 1.0B | 761.0M | 707.0M | 562.0M | 465.0M | 536.0M |
| Accounts Payable | 856.0M | 686.0M | 725.0M | 403.0M | 355.0M | 251.0M | 247.0M | 245.0M | 166.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 6.1M | 5.5M | 3.3M | 3.0M |
| Contract Liabilities | 48.8M | 41.7M | 28.4M | 21.0M | 14.5M | -- | -- | -- | -- |
| Total Current Liabilities | 5.2B | 3.6B | 3.3B | 1.8B | 1.5B | 1.3B | 1.1B | 979.0M | 1.1B |
| Long Term Borrowings | 1.6B | 733.0M | 350.0M | 80.0M | 120.0M | 160.0M | 67.0M | -- | -- |
| Total Non Current Liabilities | 2.7B | 1.7B | 1.1B | 636.0M | 211.0M | 188.0M | 98.1M | 44.6M | 18.7M |
| Total Liabilities | 7.9B | 5.3B | 4.4B | 2.4B | 1.7B | 1.5B | 1.2B | 1.0B | 1.1B |
| Paid In Capital | 477.0M | 404.0M | 400.0M | 400.0M | 400.0M | 360.0M | 360.0M | 177.0M | 177.0M |
| Capital Reserve | 1.3B | 498.0M | 464.0M | 461.0M | 461.0M | 161.0M | 161.0M | 3.7M | 15.6M |
| Surplus Reserve | 69.7M | 44.7M | 43.6M | 39.2M | 27.7M | 13.4M | 6.8M | 17.6M | 9.6M |
| Retained Earnings | 1.6B | 1.3B | 1.1B | 1.1B | 799.0M | 474.0M | 282.0M | 263.0M | 99.1M |
| Minority Equity | 24.0M | 20.1M | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 3.5B | 2.4B | 2.2B | 2.1B | 1.7B | 1.0B | 809.0M | 461.0M | 301.0M |
| Total Equity | 3.6B | 2.4B | 2.2B | 2.1B | 1.7B | 1.0B | 809.0M | 461.0M | 301.0M |
| 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 | 7.4B | 5.9B | 5.1B | 3.6B | 2.4B | 2.0B | 1.8B | 1.7B | 1.5B |
| Tax Refunds Received | 188.0M | 26.1M | 24.0M | 60.5M | 32.1M | 5.3M | 399,100 | 3.1M | 743,000 |
| Total Operating Cash Inflow | 8.1B | 7.1B | 5.8B | 4.1B | 2.6B | 2.1B | 1.9B | 1.8B | 1.6B |
| Cash Paid For Goods | 6.9B | 5.1B | 4.5B | 3.1B | 2.0B | 1.6B | 1.5B | 1.3B | 1.1B |
| Cash Paid To Employees | 307.0M | 214.0M | 166.0M | 109.0M | 73.4M | 67.3M | 52.9M | 40.8M | 37.2M |
| Taxes Paid | 377.0M | 111.0M | 215.0M | 190.0M | 155.0M | 130.0M | 142.0M | 155.0M | 79.2M |
| Total Operating Cash Outflow | 8.2B | 6.1B | 5.7B | 3.9B | 2.4B | 2.0B | 1.9B | 1.6B | 1.4B |
| Operating Cash Flow | -95.7M | 1.1B | 36.2M | 272.0M | 181.0M | 99.0M | 26.7M | 187.0M | 196.0M |
| Total Investing Cash Inflow | 213.0M | 666.0M | 2.0B | 234.0M | 50.2M | 11.1M | 16.3M | 16.9M | 236.0M |
| Total Investing Cash Outflow | 2.2B | 1.9B | 3.5B | 695.0M | 478.0M | 333.0M | 238.0M | 186.0M | 349.0M |
| Investing Cash Flow | -2.0B | -1.3B | -1.5B | -461.0M | -428.0M | -322.0M | -222.0M | -169.0M | -113.0M |
| Cash From Borrowings | 6.0B | 3.8B | 3.2B | 2.5B | 1.6B | 1.5B | 1.2B | 990.0M | 1.0B |
| Dividends And Interest Paid | 224.0M | 144.0M | 189.0M | 140.0M | 35.2M | 36.5M | 26.2M | 20.8M | 23.0M |
| Debt Repayments | 3.9B | 3.5B | 1.9B | 1.6B | 1.6B | 1.2B | 1.1B | 1.1B | 1.1B |
| Total Financing Cash Inflow | 7.2B | 4.0B | 3.2B | 2.6B | 2.0B | 1.5B | 1.4B | 1.1B | 1.3B |
| Total Financing Cash Outflow | 4.6B | 3.9B | 2.3B | 1.9B | 1.7B | 1.3B | 1.2B | 1.1B | 1.4B |
| Financing Cash Flow | 2.6B | 169.0M | 982.0M | 741.0M | 330.0M | 224.0M | 247.0M | -41.6M | -60.5M |
| Net Change In Cash | 494.0M | -23.5M | -497.0M | 558.0M | 88.3M | -4.7M | 48.4M | -24.4M | 22.4M |
| Ending Cash Balance | 679.0M | 185.0M | 209.0M | 706.0M | 148.0M | 59.7M | 64.4M | 16.0M | 40.4M |
| Capex | 2.1B | 1.6B | 989.0M | 604.0M | 315.0M | 292.0M | 210.0M | 165.0M | 77.3M |