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 | 1.3B | 1.0B | 803.0M | 721.0M | 582.0M | 575.0M | 544.0M | 590.0M |
| Revenue Growth % | 16.9% | 25.3% | 25.5% | 11.4% | 23.9% | 1.2% | 5.7% | -7.8% | -- |
| Total Revenue | 1.5B | 1.3B | 1.0B | 803.0M | 721.0M | 582.0M | 575.0M | 544.0M | 590.0M |
| Cost Of Revenue | 612.0M | 557.0M | 488.0M | 409.0M | 381.0M | 283.0M | 305.0M | 280.0M | 285.0M |
| Gross Profit | 864.0M | 706.0M | 520.0M | 394.0M | 340.0M | 299.0M | 270.0M | 264.0M | 305.0M |
| Gross Margin % | 58.5% | 55.9% | 51.6% | 49.1% | 47.2% | 51.4% | 47.0% | 48.5% | 51.7% |
| Total Operating Cost | 1.1B | 970.0M | 772.0M | 620.0M | 542.0M | 416.0M | 416.0M | 478.0M | 481.0M |
| Selling Expenses | 130.0M | 101.0M | 39.9M | 29.7M | 21.3M | 30.2M | 28.4M | 22.3M | 31.1M |
| Admin Expenses | 170.0M | 170.0M | 135.0M | 106.0M | 72.9M | 63.7M | 59.1M | 132.0M | 157.0M |
| Rd Expenses | 146.0M | 137.0M | 117.0M | 69.4M | 47.4M | 35.1M | 24.7M | 23.5M | 17.9M |
| Finance Expenses | -16.4M | -16.5M | -27.6M | 335,400 | 12.3M | -3.6M | -5.5M | 16.3M | -13.8M |
| Operating Income | 410.0M | 331.0M | 241.0M | 194.0M | 187.0M | 171.0M | 165.0M | 70.1M | 112.0M |
| Operating Margin % | 27.8% | 26.2% | 23.9% | 24.2% | 25.9% | 29.4% | 28.7% | 12.9% | 19.0% |
| Non Operating Income | 550,200 | 11,400 | 11,800 | 47,800 | 726,400 | 37.2M | -- | 85,400 | 2.3M |
| Non Operating Expenses | 3.7M | 1.7M | 536,500 | 1.7M | 2.3M | 1.6M | 476,300 | 116,900 | 801,800 |
| Investment Income | 3.4M | 31.7M | -1.2M | 677,100 | 2.4M | 585,800 | -2.4M | 2.0M | 1.7M |
| Fair Value Change Income | 2.3M | -- | -- | -- | -- | -- | -- | -- | 1.1M |
| Asset Disposal Income | -407,400 | -1.5M | -1.5M | -396,500 | -260,500 | -771,400 | -553,000 | -1.4M | 2,700 |
| Asset Impairment Loss | 19.8M | 7.7M | 7.8M | -- | 583,300 | 735,000 | -727,300 | -1.8M | -2.8M |
| Other Income | 4.9M | 7.9M | 8.1M | 9.8M | 5.6M | 5.2M | 8.7M | 3.5M | -- |
| Income Before Tax | 407.0M | 329.0M | 241.0M | 192.0M | 186.0M | 206.0M | 164.0M | 70.0M | 113.0M |
| Income Tax | 52.6M | 40.0M | 32.5M | 23.7M | 28.5M | 20.2M | 27.4M | 25.5M | 31.4M |
| Net Income | 355.0M | 289.0M | 208.0M | 168.0M | 157.0M | 186.0M | 137.0M | 44.5M | 81.8M |
| Net Margin % | 24.1% | 22.9% | 20.6% | 20.9% | 21.8% | 32.0% | 23.8% | 8.2% | 13.9% |
| Net Income Attributable | 355.0M | 289.0M | 211.0M | 169.0M | 157.0M | 186.0M | 137.0M | 44.7M | 86.7M |
| Minority Interest | -- | -349,900 | -2.7M | -432,500 | -- | -- | -- | -244,700 | -4.9M |
| Eps Basic | 0.89 | 0.71 | 0.52 | 0.42 | 0.42 | 0.52 | 0.38 | 0.12 | -- |
| Eps Diluted | 0.89 | 0.71 | 0.52 | 0.42 | 0.42 | 0.52 | 0.38 | 0.12 | -- |
| 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 | 769.0M | 546.0M | 392.0M | 445.0M | 564.0M | 265.0M | 181.0M | 213.0M | 184.0M |
| Trading Financial Assets | 300.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 350.0M | 287.0M | 221.0M | 141.0M | 143.0M | 134.0M | 121.0M | 126.0M | 129.0M |
| Notes Receivable | -- | -- | -- | -- | -- | 1.0M | -- | -- | -- |
| Notes And Accounts Receivable | 350.0M | 287.0M | 221.0M | 141.0M | 143.0M | 135.0M | 121.0M | 126.0M | 129.0M |
| Prepayments | 3.1M | 3.5M | 10.6M | 7.3M | 6.1M | 1.7M | 3.1M | 3.9M | 4.1M |
| Inventory | 590.0M | 510.0M | 445.0M | 327.0M | 238.0M | 240.0M | 228.0M | 188.0M | 204.0M |
| Total Current Assets | 2.0B | 1.4B | 1.1B | 940.0M | 978.0M | 665.0M | 554.0M | 546.0M | 581.0M |
| Fixed Assets | -- | 582.0M | 578.0M | 527.0M | 400.0M | 230.0M | 173.0M | 151.0M | -- |
| Fixed Assets Total | 607.0M | 582.0M | 578.0M | 527.0M | 400.0M | 230.0M | 173.0M | 151.0M | 130.0M |
| Construction In Progress | -- | 277.0M | 64.6M | 34.7M | 90.7M | 152.0M | 155.0M | 77.8M | -- |
| Construction In Progress Total | 870.0M | 281.0M | 79.9M | 47.8M | 90.7M | 152.0M | 155.0M | 77.8M | 26.0M |
| Intangible Assets | 161.0M | 121.0M | 123.0M | 40.4M | 41.9M | 42.7M | 32.7M | 33.3M | 33.8M |
| Long Term Deferred Expenses | 5.3M | 6.9M | 11.4M | -- | -- | -- | -- | -- | 73,300 |
| Total Non Current Assets | 1.8B | 1.2B | 947.0M | 782.0M | 555.0M | 435.0M | 367.0M | 270.0M | 201.0M |
| Total Assets | 3.9B | 2.6B | 2.0B | 1.7B | 1.5B | 1.1B | 921.0M | 816.0M | 782.0M |
| Short Term Borrowings | 20.0M | 40.0M | 30.0M | -- | -- | -- | -- | 21.0M | 48.0M |
| Accounts Payable | 290.0M | 174.0M | 115.0M | 137.0M | 93.3M | 73.2M | 86.1M | 65.4M | 74.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 117,400 | 40,900 | 491,600 | 19,100 |
| Contract Liabilities | 6.6M | 22.2M | 977,100 | 9.0M | 1.9M | -- | -- | -- | -- |
| Total Current Liabilities | 532.0M | 501.0M | 322.0M | 193.0M | 142.0M | 117.0M | 130.0M | 129.0M | 189.0M |
| Long Term Borrowings | 116.0M | 60.5M | 4.2M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 1.0B | 106.0M | 29.0M | 20.4M | 6.4M | 6.3M | 3.6M | 3.4M | 2.6M |
| Total Liabilities | 1.5B | 607.0M | 351.0M | 213.0M | 148.0M | 123.0M | 133.0M | 132.0M | 192.0M |
| Paid In Capital | 406.0M | 406.0M | 406.0M | 401.0M | 401.0M | 360.0M | 360.0M | 360.0M | 52.8M |
| Capital Reserve | 606.0M | 585.0M | 553.0M | 492.0M | 490.0M | 247.0M | 247.0M | 247.0M | 68.1M |
| Surplus Reserve | 119.0M | 94.2M | 71.4M | 54.8M | 43.1M | 29.4M | 17.0M | 4.2M | 71.6M |
| Retained Earnings | 1.1B | 882.0M | 680.0M | 538.0M | 429.0M | 321.0M | 148.0M | 59.8M | 362.0M |
| Minority Equity | -- | -- | 8.0M | 1.7M | -- | -- | -- | -- | 37.7M |
| Equity Attributable | 2.3B | 2.0B | 1.7B | 1.5B | 1.4B | 977.0M | 788.0M | 684.0M | 552.0M |
| Total Equity | 2.3B | 2.0B | 1.7B | 1.5B | 1.4B | 977.0M | 788.0M | 684.0M | 590.0M |
| 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 | 1.4B | 1.2B | 915.0M | 820.0M | 700.0M | 569.0M | 579.0M | 500.0M | 599.0M |
| Tax Refunds Received | 82.6M | 74.7M | 81.3M | 75.7M | 40.6M | 32.1M | 24.7M | 14.2M | 22.1M |
| Total Operating Cash Inflow | 1.6B | 1.4B | 1.1B | 917.0M | 756.0M | 618.0M | 615.0M | 527.0M | 643.0M |
| Cash Paid For Goods | 656.0M | 465.0M | 492.0M | 427.0M | 331.0M | 251.0M | 323.0M | 262.0M | 283.0M |
| Cash Paid To Employees | 289.0M | 251.0M | 204.0M | 152.0M | 111.0M | 95.3M | 87.0M | 68.9M | 70.6M |
| Taxes Paid | 69.9M | 56.5M | 45.6M | 48.1M | 31.0M | 33.4M | 42.8M | 42.5M | 53.2M |
| Total Operating Cash Outflow | 1.2B | 1.0B | 885.0M | 715.0M | 541.0M | 438.0M | 505.0M | 409.0M | 455.0M |
| Operating Cash Flow | 332.0M | 386.0M | 166.0M | 202.0M | 214.0M | 180.0M | 110.0M | 118.0M | 188.0M |
| Total Investing Cash Inflow | 126.0M | 61.6M | 50.9M | 99.4M | 53.8M | 203.0M | 229.0M | 169.0M | 330.0M |
| Total Investing Cash Outflow | 853.0M | 427.0M | 308.0M | 362.0M | 211.0M | 285.0M | 305.0M | 315.0M | 379.0M |
| Investing Cash Flow | -727.0M | -365.0M | -257.0M | -262.0M | -157.0M | -82.1M | -76.0M | -146.0M | -48.8M |
| Cash From Borrowings | 986.0M | 136.0M | 37.1M | -- | -- | -- | -- | 21.0M | 59.0M |
| Dividends And Interest Paid | 94.8M | 67.0M | 52.3M | 48.1M | 36.0M | -- | 36.0M | 58.4M | 76.0M |
| Debt Repayments | 147.0M | 66.3M | 998,300 | -- | -- | -- | 21.0M | 48.0M | 59.0M |
| Total Financing Cash Inflow | 986.0M | 188.0M | 94.3M | -- | 312.0M | 1.8M | -- | 190.0M | 80.5M |
| Total Financing Cash Outflow | 252.0M | 139.0M | 109.0M | 52.5M | 65.3M | 998,200 | 57.0M | 135.0M | 135.0M |
| Financing Cash Flow | 734.0M | 49.0M | -14.9M | -52.5M | 247.0M | 759,800 | -57.0M | 54.7M | -54.6M |
| Net Change In Cash | 354.0M | 75.5M | -102.0M | -117.0M | 298.0M | 92.2M | -28.3M | 20.1M | 84.7M |
| Ending Cash Balance | 768.0M | 414.0M | 339.0M | 440.0M | 557.0M | 259.0M | 167.0M | 195.0M | 175.0M |
| Capex | 540.0M | 305.0M | 216.0M | 251.0M | 159.0M | 72.5M | 94.1M | 107.0M | 53.7M |